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 64 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
DEGROOTE TRUCKS & TRAILERS from Wingene, company number BE0415584325, closed financial year 2025 with a result of € 114,832 after tax. For that financial year DEGROOTE TRUCKS & TRAILERS recorded revenue of € 41.4 million and equity of € 6.2 million. Compared with financial year 2024, the result moved from € 139,012 to € 114,832. 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 18, 2026.
€ 6.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 114,832
▼ 17% vs 2024
Profit after tax over the fiscal year.
€ 231,672
▲ € 215,300 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 100,000 paid out
87 % of the profit went to the shareholders, mostly to DEGROOTE BEHEER (100 % of the shares). That is where the money ends up.
People and assets in 2025
25.3
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
▲ 5% vs 2024
€ 84,900 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.
€ 693,863
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6.1 million
▼ 5% vs 2024
Loans from banks and other lenders, long and short.
€ 2.5 million
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 22 days on average.
€ 458,845
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 53,336,305 | € 51,616,360 | € 40,697,037 | € 41,407,754 | ▲ 2% |
| Profit after taxes | € 2,822,156 | € 132,241 | € 139,012 | € 114,832 | ▼ 17% |
| Equity | € 6,038,158 | € 6,170,399 | € 6,209,411 | € 6,224,243 | |
| Total debts | € 21,392,390 | € 10,576,237 | € 9,304,587 | € 9,476,002 | ▲ 2% |
| Cash | € 1,181,435 | € 11,340 | € 16,372 | € 231,672 | ▲ € 215,300 |
| Land & buildings | € 27,364 | € 23,123 | € 44,956 | € 48,320 | ▲ 7% |
| Retained profit | € 3,538,158 | € 3,670,399 | € 3,709,411 | € 3,724,243 | |
| Dividend | € 1,500,000 | € 0 | € 100,000 | € 100,000 | |
| Bank debt | € 7,186,612 | € 7,054,540 | € 6,381,878 | € 6,084,834 | ▼ 5% |
| Balance sheet total | € 27,434,671 | € 16,746,636 | € 15,513,998 | € 15,700,245 | ▲ 1% |
| Employees (FTE) | 28.7 | 27.8 | 25.3 | 25.3 |
Key figures of DEGROOTE TRUCKS & TRAILERS, 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 May 2027.
What happened to DEGROOTE TRUCKS & TRAILERS?
What happened at DEGROOTE TRUCKS & TRAILERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Arne Degroote stepped down as director. NBB
- René Degroote stepped down as director. NBB
- Johan Degroote stepped down as director. NBB
- Degroote Beheer BV stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- Arne Degroote became a director. NBB
- René Degroote became a director. NBB
- Johan Degroote became a director. NBB
In short
From € 2.8 million profit in 2022 to € 114,832 profit in 2025.
Paid € 561,182 in corporate taxes since 2022.
Best year ever: 2022, with € 2.8 million profit.
Paid out € 1.7 million in dividends to the owners in total.
Management
The stake of DEGROOTE BEHEER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
DEGROOTE TRUCKS & TRAILERSThe shares are held by DEGROOTE BEHEER (100%).
Directors
According to the 2025 annual accounts
since 2021 · until 2027
since 2021 · until 2027
since 2021 · until 2027
since 2021 · until 2027
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hille-Noord 1
8750 Wingene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0415.584.325
- VAT number
- BE 0415.584.325
- Registered office
- Hille-Noord 1, 8750 Wingene
- Names & denominations
- DEGROOTE TRUCKS & TRAILERS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 1975
- Peppol
- Active · Active since 21 Nov 2025
- Activities · NACE
Groothandel in andere motorvoertuigen (> 3,5 ton)
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Handel in aanhangwagens, opleggers, caravans en dergelijke
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in de groothandel in andere specifieke goederen
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Groothandel in aanhangwagens, opleggers en caravans
Detailhandel in onderdelen en accessoires van motorvoertuigen
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