Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2026; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 16 to 1.8.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
HINO MOTORS (EUROPE) NV from Antwerpen, company number BE0413616908, closed financial year 2026 with a result of € 8.8 million after tax. For that financial year HINO MOTORS (EUROPE) NV recorded revenue of € 6,376 and equity of € 2.2 million. Compared with financial year 2025, the result moved from € -758.2 million to € 8.8 million. Profitable, and profit is growing. The buffer shrank hard: equity is 99 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 2.2 million
▼ 99% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8.8 million
▲ still € 758.2 million loss in 2025
Profit after tax over the fiscal year.
€ 1.8 million
▼ € 540.2 million vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 8.2 million paid out
93 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
1.8
▼ 12.6 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 313,605
▼ € 770.2 million vs 2025
€ 174,200 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.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 9,848
▼ € 8.2 million vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1 days on average.
€ 105,422
▼ € 530 million vs 2025
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 1,992,620,351 | € 2,173,231,784 | € 2,134,757,994 | € 6,376 | ▼ € 2.1 billion |
| Profit after taxes | € 505,310 | € 59,244,813 | € -758,222,044 | € 8,830,109 | ▲ € 767.1 million |
| Equity | € 997,952,108 | € 1,012,756,921 | € 254,534,877 | € 2,205,171 | ▼ 99% |
| Total debts | € 310,887,005 | € 452,278,630 | € 545,819,690 | € 8,315,414 | ▼ 98% |
| Cash | € 45,987,265 | € 208,235,502 | € 542,029,367 | € 1,835,167 | ▼ € 540.2 million |
| Land & buildings | € 42,668,318 | € 41,466,238 | € 40,264,158 | € 0 | ▼ 100% |
| Retained profit | € 718,823,148 | € 733,627,961 | € -24,594,083 | € 477,921 | ▲ € 25.1 million |
| Dividend | € 18,216,000 | € 44,440,000 | € 0 | € 8,200,000 | |
| Bank debt | € 13,000,000 | € 65,000,000 | € 0 | € 0 | |
| Balance sheet total | € 1,310,343,100 | € 1,465,957,164 | € 800,354,567 | € 10,520,585 | ▼ 99% |
| Employees (FTE) | 21.8 | 16 | 14.4 | 1.8 | ▼ 12.6 |
Key figures of HINO MOTORS (EUROPE) NV, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to HINO MOTORS (EUROPE) NV?
What happened at HINO MOTORS (EUROPE) NV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kazuki Sato stepped down as director. NBB
- Tsukasa Musashi stepped down as director. NBB
- Takashi Muto stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 8.8 million. Source: NBB ↗
- Tsukasa Musashi became a director. NBB
- Takashi Muto became a director. NBB
- Masato Uchida stepped down as director. NBB
- Gert Verboven stepped down as director. NBB
In short
From € 505,310 profit in 2023 to € 8.8 million profit in 2026.
Paid € 28.6 million in corporate taxes since 2023.
Best year ever: 2024, with € 59.2 million profit.
Paid out € 70.9 million in dividends to the owners in total.
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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
Directors
According to the 2026 annual accounts
Tsukasa Musashi
Director
since 2026 · until 2029
Takashi Muto
Director
since 2026 · until 2029
Gert Verboven
Director
since 2025 · until 2026
Masato Uchida
Director
since 2025 · until 2026
Kazuki Sato
Director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Posthofbrug 10 box 4
2600 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →Astrid Immo
€ 609,948 gross margin · 2025
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€ 18.4 million revenue · 2025
C.E.M.
€ 1.2 million gross margin · 2025
The Sting België
€ 2.7 million gross margin · 2025
ZESPRI INTERNATIONAL (EUROPE)
€ 1 billion revenue · 2025
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0413.616.908
- VAT number
- BE 0413.616.908
- Registered office
- Posthofbrug 10 bus 4, 2600 Antwerpen
- Names & denominations
- HINO MOTORS (EUROPE) NV
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 April 1974
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
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