Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 936.5 to 784.9.
Financials
Financial year 2025
TENNECO AUTOMOTIVE EUROPE from Sint-Truiden, company number BE0403684997, closed financial year 2025 with a result of € -45.9 million after tax. For that financial year TENNECO AUTOMOTIVE EUROPE recorded revenue of € 135.4 million and equity of € 69 million. Compared with financial year 2024, the result moved from € -42.6 million to € -45.9 million. The company made a loss. 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 July 9, 2026.
€ 69 million
▲ € 64.1 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -45.9 million
▼ 8 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3.1 million
▲ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -211.8 million.
People and assets in 2025
784.9
▼ 101.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 77.2 million
▼ 12% vs 2024
€ 98,400 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.
€ 685,881
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 22.1 million
▼ 80% vs 2024
Loans from banks and other lenders, long and short.
€ 53.8 million
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 131 days on average.
€ 11.3 million
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 275,057,891 | € 291,151,988 | € 242,362,248 | € 135,446,206 | ▼ 44% |
| Profit after taxes | € -12,461,033 | € 31,294,868 | € -42,645,518 | € -45,890,847 | ▼ € 3.2 million |
| Equity | € -2,920,409 | € 26,529,691 | € 4,919,472 | € 69,028,624 | ▲ € 64.1 million |
| Total debts | € 199,536,542 | € 188,898,438 | € 203,872,223 | € 87,483,190 | ▼ 57% |
| Cash | € 1,170,471 | € 2,377,268 | € 2,556,177 | € 3,146,382 | ▲ 23% |
| Land & buildings | € 2,341,642 | € 2,195,363 | € 2,060,100 | € 1,972,077 | ▼ 4% |
| Retained profit | € -154,542,146 | € -123,247,279 | € -165,892,796 | € -211,783,643 | ▼ € 45.9 million |
| Bank debt | € 107,550,143 | € 84,732,671 | € 111,896,849 | € 22,140,607 | ▼ 80% |
| Balance sheet total | € 205,658,413 | € 221,094,482 | € 218,613,590 | € 173,639,348 | ▼ 21% |
| Employees (FTE) | 976.3 | 936.5 | 886.7 | 784.9 | ▼ 101.8 |
Key figures of TENNECO AUTOMOTIVE EUROPE, 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 TENNECO AUTOMOTIVE EUROPE?
What happened at TENNECO AUTOMOTIVE EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 45.9 million. Source: NBB ↗
- Michael Church became a director. NBB
- Rolf Bartels became a director. NBB
- New establishment in Kontich. KBO
- New establishment in Sint-Truiden. KBO
- Start of the company according to the CBE. KBO
In short
From € 12.5 million loss in 2022 to € 45.9 million loss in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2023, with € 31.3 million profit.
Pays suppliers within 131 days on average.
Management
Behind TENNECO AUTOMOTIVE EUROPE are Michael Church and Rolf Bartels. The shares are held by Tenneco Automotive Eastern Europe Holding and Federal-Mogul VCS Holding BV. It owns 99.9% of MONROE AMORTISOR IMALAT VE TICARET AS and 99.9% of MONROE PACKAGING itself.
Directors
According to the 2025 annual accounts
Michael Church
Director
since 2025
Rolf Bartels
Director
since 2022
Shareholders
Tenneco Automotive Eastern Europe Holding
Federal-Mogul VCS Holding BV
Participations
MONROE AMORTISOR IMALAT VE TICARET AS
99.9%
99.9%
Establishments
Establishment units
Physical locations of this company
Sint-Jorisstraat 4520
3800 Sint-Truiden
Prins Boudewijnlaan 5
2550 Kontich
Active since 31 July 1981
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0403.684.997
- VAT number
- BE 0403.684.997
- Registered office
- Sint-Jorisstraat 4520, 3800 Sint-Truiden
- Names & denominations
- TENNECO AUTOMOTIVE EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 1959
- Peppol
- Active · Active since 1 Oct 2026
- Activities · NACE
Vervaardiging van onderdelen en accessoires voor motorvoertuigen en motoren daarvan
Vervaardiging van andere delen en toebehoren voor motorvoertuigen
Groothandel in machines voor de mijnbouw, de bouwnijverheid en de weg- en waterbouw
Groothandel in delen en toebehoren van motorvoertuigen
Reparatie en montage van specifieke auto-onderdelen
Groothandel in onderdelen en accessoires van auto's
Groothandel in machines voor mijnbouw, de bouwnijverheid en de weg- en waterbouw
Handelsbemiddeling en groothandel in onderdelen en accessoires van motorvoertuigen