Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 1 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 42 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
HAY CARS from Vilvoorde, company number BE1019088433, closed financial year 2025 with a result of € -2,394 after tax. For that financial year HAY CARS recorded a gross margin of € -2,270 and equity of € -394. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 25, 2026.
€ -394
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,394
Profit after tax over the fiscal year.
€ 294
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2,394.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 9,765
Supplier invoices still open on the last day of the fiscal year.
€ 1,572
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
What happened to HAY CARS?
What happened at HAY CARS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,394. filed late Source: NBB ↗
- Mikael Mikaelian became a director. NBB
- Narek Bal became a director. NBB
- Start of the company according to the CBE. KBO
Management
Behind HAY CARS are Mikael Mikaelian and Narek Bal.
Directors
According to the 2025 annual accounts
Mikael Mikaelian
Director
since 2025
Narek Bal
Director
since 2025
Establishments
Establishment units
Physical locations of this company
Mechelsesteenweg 151 box A
1800 Vilvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →HLI Rénovation
€ 597,998 revenue · 2024
Fair-Play Construct
€ -150,598 gross margin · 2024
TJ CONSTRUCT
€ 26,475 gross margin · 2025
JOES RENOVATION
€ 67,622 revenue · 2024
AMZ SERVICE
€ 639 gross margin · 2024
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1019.088.433
- VAT number
- BE 1019.088.433
- Registered office
- Mechelsesteenweg 151 bus A, 1800 Vilvoorde
- Names & denominations
- HAY CARS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 January 2025
- Peppol
- Active · Active since 30 Dec 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)