Financials
Financial year 2025
STOBART AUTOMOTIVE EUROPE from Genk, company number BE0405855027, closed financial year 2025 with a result of € -6.2 million after tax. For that financial year STOBART AUTOMOTIVE EUROPE recorded revenue of € 50.7 million and equity of € 18.9 million. Compared with financial year 2024, the result moved from € 3.2 million to € -6.2 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 27, 2026.
€ 18.9 million
▼ 38% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6.2 million
▼ still € 3.2 million profit in 2024
Profit after tax over the fiscal year.
€ 6,143
▼ € 7.9 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.3 million.
People and assets in 2025
160.1
▼ 3.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9.7 million
▼ 5% vs 2024
€ 60,600 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.
€ 3.9 million
▼ 24% vs 2024
Of which on lease € 1.7 million.
Debts at end 2025
€ 2.3 million
▼ 80% vs 2024
€ 742,164 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 6.1 million
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 59 days on average.
€ 1.6 million
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 30,857,646 | € 42,109,133 | € 59,790,732 | € 50,720,849 | ▼ 15% |
| Profit after taxes | € 515,987 | € 2,582,279 | € 3,209,537 | € -6,235,723 | ▼ € 9.4 million |
| Equity | € 7,589,580 | € 23,962,871 | € 30,477,645 | € 18,891,921 | ▼ 38% |
| Total debts | € 11,505,556 | € 11,592,616 | € 23,207,343 | € 10,054,570 | ▼ 57% |
| Cash | € 529,577 | € 94,360 | € 7,941,637 | € 6,143 | ▼ € 7.9 million |
| Land & buildings | € 4,605,244 | € 4,263,512 | € 3,952,779 | € 3,632,305 | ▼ 8% |
| Retained profit | € 5,853,580 | € 8,435,859 | € 14,889,132 | € 3,303,409 | ▼ 78% |
| Dividend | € 0 | € 0 | € 0 | € 5,350,000 | |
| Bank debt | € 5,182,955 | € 4,095,241 | € 11,578,441 | € 2,348,753 | ▼ 80% |
| Balance sheet total | € 19,368,919 | € 35,765,066 | € 53,894,566 | € 29,156,070 | ▼ 46% |
| Employees (FTE) | 146.5 | 175.9 | 163.9 | 160.1 | ▼ 3.8 |
Key figures of STOBART 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 STOBART AUTOMOTIVE EUROPE?
What happened at STOBART AUTOMOTIVE EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bert Govaerts stepped down as director. NBB
- Raphaël Hustinx stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 6.2 million (▼ € 9.4 million vs 2024). filed late Source: NBB ↗
- New establishment in Bilzen-Hoeselt. KBO
- Bert Govaerts became a director. NBB
- Raphaël Hustinx became a director. NBB
- New establishment in Brugge. KBO
- New establishment in Kortenberg. KBO
In short
From € 515,987 profit in 2022 to € 6.2 million loss in 2025.
Paid € 3.1 million in corporate taxes since 2022.
Best year ever: 2024, with € 3.2 million profit.
Paid out € 5.4 million in dividends to the owners in total.
A new publication or filing at STOBART AUTOMOTIVE EUROPE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Stobart Europe Holding BV (100%). It owns 100% of Stobart Automotive CZ s.r.o., 100% of Stobart Automotive NL and 100% of Stobart Automotive DE itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Raphaël Hustinx
Managing director
Also active at: EDDIE STOBART LOGISTICS EUROPE, STOBART EUROPE HOLDING
since 2023 · until 2029
Shareholders
Participations
Stobart Automotive CZ s.r.o.
100%
Stobart Automotive NL
100%
Stobart Automotive DE
100%
Establishments
Establishment units
Physical locations of this company
Eikelaarstraat 28
3600 Genk
Aziëstraat 2-5
8380 Brugge
Active since 1 December 2021
Leuvensesteenweg 679
3071 Kortenberg
Active since 1 December 2021
Willemsstraat (Jan Frans) 95
1800 Vilvoorde
Active since 1 December 2021
Kruisbosstraat 3
3740 Bilzen-Hoeselt
Active since 16 October 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
ICDSOFT, BG
Domain
Domain
eddiestobart.eu
Registrar
Combell NV
Website info
Features
Security
Details
- Company number
- 0405.855.027
- VAT number
- BE 0405.855.027
- Registered office
- Eikelaarstraat 28, 3600 Genk
- Names & denominations
- STOBART AUTOMOTIVE EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 1 Dec 2025
- Contact
- eddiestobart.eu
- Activities · NACE
Goederenvervoer over de weg
Carrosserieherstelling (inclusief spuiten en verven)
Carrosserieherstelling