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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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
49 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
D'Ieteren Group from Elsene, company number BE0403448140, closed financial year 2025 with a result of € 241.7 million after tax. Compared with financial year 2024, the result moved from € 1.9 billion to € 241.7 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 23, 2026.
€ 2.5 billion
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 241.7 million
▼ 88% vs 2024
Profit after tax over the fiscal year.
€ 6 million
▼ 61% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 106.4 million paid out
44 % of the profit went to the shareholders, mostly to Nayarit Participations S.A (150 % of the shares). That is where the money ends up.
People and assets in 2025
33.8
▲ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 11.4 million
▲ 6% vs 2024
€ 337,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1.7 million
▼ 12% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3,643
Loans from banks and other lenders, long and short.
€ 930,374
▼ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 22 days on average.
€ 5.7 million
▼ 47% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 272,438,995 | € 876,862,583 | € 1,937,768,783 | € 241,660,185 | ▼ 88% |
| Equity | € 3,956,179,387 | € 4,526,819,323 | € 2,403,447,335 | € 2,536,118,838 | ▲ 6% |
| Total debts | € 170,215,155 | € 210,812,113 | € 104,385,326 | € 114,032,056 | ▲ 9% |
| Cash | € 132,663,078 | € 4,291,494 | € 15,424,378 | € 6,011,870 | ▼ 61% |
| Land & buildings | € 564,159 | € 481,642 | € 430,710 | € 588,791 | ▲ 37% |
| Retained profit | € 3,771,790,094 | € 4,342,430,030 | € 2,219,058,042 | € 2,351,729,545 | ▲ 6% |
| Dividend | € 161,208,588 | € 200,837,910 | € 4,060,605,440 | € 106,423,360 | ▼ 97% |
| Bank debt | € 0 | € 0 | € 0 | € 3,643 | |
| Balance sheet total | € 4,132,111,873 | € 4,743,540,392 | € 2,529,481,661 | € 2,656,211,245 | ▲ 5% |
| Employees (FTE) | 30.1 | 31.6 | 33.4 | 33.8 | ▲ 0.4 |
Key figures of D'Ieteren Group, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to D'Ieteren Group?
What happened at D'Ieteren Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Nicolas D'IETEREN stepped down as director. NBB
- HECHO SRL stepped down as director. NBB
- Olivier Chapelle SRL stepped down as director. NBB
- Alcamara Advisory BV stepped down as director. NBB
- Michèle SIOEN stepped down as director. NBB
- Norawild SRL stepped down as director. NBB
- LSIM SA stepped down as director. NBB
- NAYARIT PARTICIPATIONS S.A. stepped down as director. NBB
In short
From € 272.4 million profit in 2022 to € 241.7 million profit in 2025.
Paid € 13.4 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.9 billion profit.
Paid out € 4.5 billion in dividends to the owners in total.
Management
The shares are held by Nayarit Participations S.A (149.5%), Société De Participation et de Gestion (9.3%) and Nicolas D'Ieteren (0%). It owns 100% of D'IETEREN IMMO, 100% of DIMMOLUX S.à.r.l., 100% of D'IETEREN AUTOMOTIVE, 100% of D PARTICIPATION MANAGEMENT LUXEMBOURG, 100% of D PARTICIPATION MANAGEMENT and 100% of D'IETEREN CHERRY MRP S.à.r.l. itself.
Directors
According to the 2025 annual accounts
Director · represented by Olivier Chapelle
since 2024 · until 2028
Director · represented by Charles-Antoine Leunen
since 2025 · until 2028
Michèle SIOEN
Director
since 2023 · until 2028
Director · represented by Diane Govaerts
Also active at: COMPAGNIE ARDENNAISE DELCOURT, Universal Express, Ziegler, Louis De Bie, Carga, Intertrans, Green Ocean Lines, Immobilière Socomanex +13 more
since 2023 · until 2026
Director · represented by Thierry le Grelle
Also active at: ANISERCO, BARQ, ANISTORES, BARQ EUROPE, PetSerCo Holding
since 2024 · until 2028
Director · represented by Wolfgang de Limburg Stirum
Also active at: "IMMOBEL" OU "COMPAGNIE IMMOBILIERE DE BELGIQUE " OU " IMMOBILIEN VENNOOTSCHAP VAN BELGIE"
since 2023 · until 2027
Director · represented by Pierre-Olivier BECKERS
Also active at: WOOCLAP, Oregon Hockey, YouMeal, FLIPAW, AMOOBI, GENEROUS
since 2022 · until 2026
Director · represented by Frédéric DE VUYST
Also active at: D'Ieteren Automotive SA/NV, TVH Global, COPAN PROPERTIES
since 2022 · until 2027
Nicolas D'IETEREN
Chairman of the board
since 2024 · until 2029
Allegra Patrizi Unipersonnelle
Director · represented by Allegra Patrizi
since 2023 · until 2027
since 2025 · until 2029
CB Management SARL unipersonnelle
Director · represented by Cécile BONNEFOND
since 2022 · until 2026
Shareholders
Participations
100%
DIMMOLUX S.à.r.l.
100%
100%
D PARTICIPATION MANAGEMENT LUXEMBOURG
100%
D'IETEREN CHERRY MRP S.à.r.l.
100%
100%
DIM SA
79.8%
Establishments
Establishment units
Physical locations of this company
Maliestraat 50
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 49 companies are registered at this address.
All companies at this address →D'Ieteren Micromobility
€ 3.8 million revenue · 2024
D'IETEREN IMMO same network
€ 28.6 million revenue · 2025
Building Design
IMSONIC
€ -13,168 gross margin · 2025
ABAC SYSTEMS
€ 41,797 gross margin · 2025
+44 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
DIGITALOCEAN-ASN - DigitalOcean, LLC, US
Domain
Domain
dieterengroup.com
Registered
2020-11-03
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-11-03
Website info
Features
Security
Details
- Company number
- 0403.448.140
- VAT number
- BE 0403.448.140
- Registered office
- Maliestraat 50, 1050 Elsene
- Names & denominations
- D'Ieteren Group
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 August 1919
- Peppol
- Active · Active since 3 Feb 2026
- Contact
- dieterengroup.com +3225365111
- Activities · NACE
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Activiteiten van holdings
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Holdings
Groothandel in aanhangwagens, opleggers en caravans
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)
+2