MEGA TYRE
Open bankruptcyA bankruptcy procedure is open for MEGA TYRE according to publications in the Belgian State Gazette; curator: LAURI MONSECOUR.
Summary
The 2024 annual accounts show negative equity (€-106k) and a net result of €-5k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 18-12-2024, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
44 d early
2023
51 d early
2022
43 d early
2021
42 d early
2020
44 d early
2019
27 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-106k▼ 5.0%
2023 · €-101k
2019: €24k
2020: €5k
2021: €-81k
2022: €-116k
2023: €-101k
2019 → 2024
Total assets
€68k▼ 9.3%
2023 · €75k
2019: €103k
2020: €92k
2021: €89k
2022: €65k
2023: €75k
2019 → 2024
Net result
€-5k
2023 · €15k
2019: €5k
2020: €-19k
2021: €-87k
2022: €-34k
2023: €15k
2019 → 2024
Working capital
€-29k▼ 321%
2023 · €-7k
2019: €30k
2020: €-5k
2021: €-40k
2022: €-31k
2023: €-7k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€5k-€-81k€-116k▼ 42.3%€-101k▲ 13.0%€-106k▼ 5.0%
Operating result€-26k-€-83k▼ 221%€-33k▲ 60.6%€10k€2k▼ 81.3%
Net result€-19k-€-87k▼ 364%€-34k▲ 60.2%€15k€-5k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 81% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €68k
Fixed assets
€14k ▼ 13.2%
Current assets
€55k ▼ 8.3%
Key figures and ratios
EBITDA
€8k▼
2023 · €17k
Cash flow
€1k▼
2023 · €22k
Solvency
-154.9%▼
2023 · -133.7%
Current ratio
0.65▼
2023 · 0.89
Quick ratio
0.34▼
2023 · 0.53
Debt to equity
-1.65▲
2023 · -1.75
ROA
-7.4%▼
2023 · 20.1%
Interest coverage
1.22▼
2023 · 4.16
Debt
€174k▼
2023 · €176k
Debt ≤ 1 year
€84k▲
2023 · €67k
Debt > 1 year
€86k▼
2023 · €110k
Income taxes
€60
Staff costs
€-205▼
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€75k€68k▼
Fixed assets21/28€16k€14k▼
Tangible fixed assets22/27€16k€13k▼
Plant, machinery and equipment23€15k€12k▼
Furniture and vehicles24€887€2k▲
Financial fixed assets28€250€250=
Current assets29/58€60k€55k▼
Stocks and contracts in progress3€24k€26k▲
Stocks30/36€24k€26k▲
Amounts receivable within one year40/41€28k€23k▼
Trade receivables40€23k€23k▲
Other amounts receivable41€5k€0▼
Cash at bank and in hand54/58€5k€5k▼
Deferred charges and accrued income490/1€2k€564▼
Equity and liabilities
Total equity and liabilities10/49€75k€68k▼
Equity10/15€-101k€-106k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-121k€-126k▼
Amounts payable17/49€176k€174k▼
Amounts payable after more than one year17€110k€86k▼
Financial debts170/4€110k€86k▼
Amounts payable within one year42/48€67k€84k▲
Current portion of amounts payable after more than one year42€12k€13k▲
Trade debts44€37k€35k▼
Suppliers440/4€37k€35k▼
Taxes, remuneration and social security45€10k€12k▲
Taxes450/3€10k€12k▲
Remuneration and social security454/9€328€0▼
Other amounts payable47/48€8k€24k▲
Accrued charges and deferred income492/3€30€4k▲
Income statement
Code20232024
Remuneration, social security and pensions62€2k€-205▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€21k€11k▼
Operating profit (loss)9901€10k€2k▼
Financial income75/76B€9k€9▼
Recurring financial income75€9k€9▼
Financial charges65/66B€4k€7k▲
Recurring financial charges65€4k€7k▲
Profit (loss) for the period before taxes9903€15k€-5k▼
Income taxes67/77-€60
Profit (loss) for the period9904€15k€-5k▼
Profit (loss) for the period to be appropriated9905€15k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-121k€-126k▼
Profit (loss) brought forward from the previous period14P€-136k€-121k▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · MEGA TYRE BV STEENTJE- STRAAT 74, 9270 LAARNE · event 12-06-2025
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Back to profitnet €15k
Net result €15k after 3 loss-making years.
2022
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-87k
Net result drops to €-87k, the lowest in the series.
2020
18-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
04-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
29-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Laarne · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Steentjestraat 749270 LaarneGround area
1,817 m²
Building footprint
1,346 m²
Volume, LiDAR
6,724 m³
Parcel 42010B0780/00X000, Flanders · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Steentjestraat 74, 9270 Laarne
since 20112.202.574.842
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42010B0780/00X000 | Flanders | 1,817 m² | 1 · 1,346 m² | 6.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LAURI MONSECOUR AFSPANNINGSTRAAT 33,
9300 AALST |
12-06-2025 → present |
Recognitions · licences · registrations
Dual-learning approval
2 live approvals · 3 endedBandenmonteur (vwo)
Bandenmonteur duaal (so)
Show 3 ended approvals
Bandenmonteur (so)
Bandenmonteur (vwo)
Bandenmonteur duaal (so)
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Of 1,746 companies in sector 46720 we hold annual accounts for 1,084. 149 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-08-2011
Fiscal year end30-06
Activities, NACEBEL 2025
46720Wholesale of motor vehicle parts and accessories
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.