MOTORWEELDE
MOTORWEELDE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €219k and a net result of €3k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 48% of 9575 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
| Equity | €219k |
| Net result | €3k |
| Staff (FTE) | 0.8 |
| Better than sector | 48% |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 36.9% | 38.6% | |
| Net result | €3k | €44k | |
| Equity | €219k | €332k | |
| Gross operating margin | €93k | €266k | |
| Staff costs | €40k | €166k |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - |
| EBITDA | €42k | €98k | €42k |
| Net profit | €3k | €32k | €7k |
| Cash flow | €23k | €51k | €23k |
| Staff costs | €40k | - | €0 |
| Income taxes | €2k | €16k | €4k |
| Dividends | €24k | €15k | - |
| Total assets | €592k | €606k | €591k |
| Equity | €219k | €240k | €223k |
| Debt | €373k | €366k | €367k |
| of which ≤ 1y | €259k | €215k | €215k |
| of which > 1y | €114k | €150k | €152k |
| Working capital | €156k | €187k | €209k |
| Employees (FTE) | 0.8 | 0.0 | 0.0 |
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 1.60 | 1.87 | 1.97 |
| Quick ratio | 0.51 | 0.56 | 0.62 |
| Working capital ratio | 26.3% | 30.8% | 35.4% |
| Solvency | 36.9% | 39.6% | 37.8% |
| Debt / equity | 1.71 | 1.52 | 1.65 |
| Long-term debt ratio | 0.52 | 0.63 | 0.68 |
| Interest coverage | 2.37 | 5.95 | 2.82 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 0.4% | 5.2% | 1.2% |
| ROE | 1.2% | 13.2% | 3.3% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €592k | €606k | €591k |
| Fixed assets | 21/28 | €177k | €203k | €167k |
| Tangible fixed assets | 22/27 | €177k | €203k | €167k |
| Financial fixed assets | 28 | - | €0 | €50 |
| Current assets | 29/58 | €415k | €402k | €424k |
| Stocks & contracts in progress | 3 | €284k | €282k | €292k |
| Amounts receivable within one year | 40/41 | €53k | €44k | €60k |
| Cash & bank | 54/58 | €76k | €72k | €68k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €592k | €606k | €591k |
| Equity | 10/15 | €219k | €240k | €223k |
| Contributions / capital | 10/11 | €25k | €25k | €25k |
| Reserves | 13 | €194k | €215k | €198k |
| Accumulated profits (losses) | 14 | - | €0 | - |
| Amounts payable | 17/49 | €373k | €366k | €367k |
| Amounts payable after one year | 17 | €114k | €150k | €152k |
| Amounts payable within one year | 42/48 | €259k | €215k | €215k |
| Trade debts payable within one year | 44 | €129k | €28k | €124k |
| Income statement | ||||
| Gross operating margin | 9900 | €93k | €101k | €44k |
| Operating result | 9901 | €22k | €79k | €26k |
| Financial income | 75 | €684 | €578 | €259 |
| Financial charges | 65 | €18k | €16k | €15k |
| Result before taxes | 9903 | €5k | €48k | €12k |
| Income taxes | 67/77 | €2k | €16k | €4k |
| Net result for the period | 9904 | €3k | €32k | €7k |
| Result to be appropriated | 9905 | €3k | €32k | €7k |
| NACE primary | Retail sale of motorcycles and motorcycle parts and accessories(47830) |
| Legal form | Private limited company(610) |
| Incorporation | 19-11-1990 |
| Status | Active |
| Postal code | 2381 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13048D0761/00E008 | Flanders | 1,533 m² | 1 · 710 m² | 4.6 m · 1 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
28-03-2024 Discharge granted to the board
Technical details
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"events": [
{
"kind": "decharge_granted",
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"name": "VAN LOON Willy",
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"reason": "de_plein_droit_dissolution",
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"statutory": "statutair",
"compensated": null,
"effective_date": "2024-03-12",
"evidence_quote": "De algemene vergadering heeft het ontslag van de statutair zaakvoerder, te weten de heer VAN LOON Willy, zoals aangeboden en aanvaard op 31 augustus 2003, bevestigd.",
"decharge_status": "granted",
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{
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"effective_date": "2024-03-12",
"evidence_quote": "De vennootschap wordt bestuurd door \u00E9\u00E9n of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder, benoemd met of zonder beperking van duur en die, indien zij worden benoemd in de statuten, de hoedanigheid van statutair bestuurder hebben.",
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{
"kind": "board_snapshot",
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"name": "VAN ROOY Mario Theo Corry",
"address": "2381 Weelde (Ravels), Parkstraat 44",
"birth_date": "1972-03-30",
"profession": null,
"birth_place": "Turnhout"
},
"reason": null,
"subkind": null,
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"effective_date": "2024-03-12",
"evidence_quote": "De heer VAN ROOY Mario Theo Corry, geboren te Turnhout op 30 maart 1972, wonende te 2381 Weelde (Ravels), Parkstraat 44.",
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{
"kind": "board_snapshot",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "ROSSELLE, Els Marguerite Jerome",
"address": "2381 Weelde (Ravels), Parkstraat 44",
"birth_date": "1975-05-12",
"profession": null,
"birth_place": "Kortrijk"
},
"reason": null,
"subkind": null,
"via_org": null,
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"compensated": null,
"effective_date": "2024-03-12",
"evidence_quote": "Mevrouw ROSSELLE, Els Marguerite Jerome, geboren te Kortrijk op 12 mei 1975, wonende te 2381 Weelde (Ravels), Parkstraat 44",
"decharge_status": null,
"mandate_duration": {
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},
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}
],
"notary": {
"name": "Helene Luyten",
"firm_city": null,
"firm_name": null,
"office_city": "Weelde",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-03-28",
"filing_date": "2024-03-26",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2024-03-12",
"unanimous": null
},
{
"body": "algemene_vergadering",
"date": "2024-03-12",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0441.937.146",
"name_full": "MOTORWEELDE",
"legal_form": "BV"
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"publication_proxy": {
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"person_role_at_subject": null
},
"co_filed_documents": [
"afschrift akte",
"geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}| Legal nameNL | MOTORWEELDE |