What does VEURNE AUTO do?

VEURNE AUTO is a market trader in Veurne. Public Limited, started on 16 October 1980, 1 establishment.

What is the address of VEURNE AUTO?

The registered office of VEURNE AUTO is located at Nieuwpoortkeiweg 28, 8630 Veurne.

Is VEURNE AUTO still active?

Yes. According to the CBE (29 October 2026) VEURNE AUTO is active, legal situation “Normale toestand”, started on 16 October 1980.

Is VEURNE AUTO registered on Peppol?

Yes, VEURNE AUTO is registered on the Peppol network with ID 0208:0420827669.

What is the enterprise number of VEURNE AUTO?

The enterprise number of VEURNE AUTO is BE0420827669.

When was VEURNE AUTO founded?

VEURNE AUTO was founded on 16 October 1980.

Who are the directors of VEURNE AUTO?

According to the 2025 annual accounts, the directors of VEURNE AUTO are: SOMO INVEST BV, KOEN FONTEYNE, IMMO SOMO NV.

Is VEURNE AUTO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 16 October 1980; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did VEURNE AUTO make in 2025?

VEURNE AUTO posted a profit after taxes of € 104,703 in financial year 2025.

What is the revenue of VEURNE AUTO?

In its most recent annual accounts (2025), VEURNE AUTO reported revenue of € 16,398,821.

How much does an employee at VEURNE AUTO earn?

The average wage cost per full-time employee at VEURNE AUTO was € 98,100 in 2025: staff costs of € 774,812 for 7.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does VEURNE AUTO have?

According to the 2025 annual accounts, VEURNE AUTO has 7.9 full-time equivalents (FTE).

VEURNE AUTO (Public Limited) - Veurne - BE0420827669

Dossier VEURNE AUTO, printed on 29 October 2026 from databakkes.be/en/0420827669/veurne-auto. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

VEURNE AUTO from Veurne, company number BE0420827669, closed financial year 2025 with a result of € 104,703 after tax. For that financial year VEURNE AUTO recorded revenue of € 16.4 million and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 325,659 to € 104,703. 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 July 3, 2026.

What it is worth Growing

€ 2.8 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 104,703

▼ 68% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.1 million

▼ 11% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 100,000 paid out

96 % of the profit went to the shareholders, mostly to SOMO INVEST (100 % of the shares). That is where the money ends up.

People and assets in 2025

Full-time equivalents

7.9

▲ 0.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 1.6 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 774,812

▲ 15% vs 2024

€ 98,100 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.

Vehicles and equipment

€ 60,719

▼ 3% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 250,000

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 1.1 million

▲ 25% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 25 days on average.

Taxes and wages

€ 156,715

▲ 23% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 13,739,329 Revenue 2022: € 13,739,329 First fiscal year in the series	€ 17,537,724 Revenue 2023: € 17,537,724 ▲ 28% vs 2022 (€ 13,739,329) Favourable step	€ 16,126,666 Revenue 2024: € 16,126,666 ▼ 8% vs 2023 (€ 17,537,724) Unfavourable step	€ 16,398,821 Revenue 2025: € 16,398,821 ▲ 2% vs 2024 (€ 16,126,666) Favourable step	▲ 2%
Profit after taxes	€ 340,756 Profit after taxes 2022: € 340,756 First fiscal year in the series	€ 533,536 Profit after taxes 2023: € 533,536 ▲ 57% vs 2022 (€ 340,756) Favourable step	€ 325,659 Profit after taxes 2024: € 325,659 ▼ 39% vs 2023 (€ 533,536) Unfavourable step	€ 104,703 Profit after taxes 2025: € 104,703 ▼ 68% vs 2024 (€ 325,659) Unfavourable step	▼ 68%
Equity	€ 2,637,019 Equity 2022: € 2,637,019 First fiscal year in the series	€ 2,770,555 Equity 2023: € 2,770,555 ▲ 5% vs 2022 (€ 2,637,019) Favourable step	€ 2,796,214 Equity 2024: € 2,796,214 ▲ 1% vs 2023 (€ 2,770,555) Favourable step	€ 2,800,917 Equity 2025: € 2,800,917 Unchanged (€ 2,796,214) Favourable step
Total debts	€ 1,551,892 Total debts 2022: € 1,551,892 First fiscal year in the series	€ 2,930,065 Total debts 2023: € 2,930,065 ▲ 89% vs 2022 (€ 1,551,892) Unfavourable step	€ 1,837,699 Total debts 2024: € 1,837,699 ▼ 37% vs 2023 (€ 2,930,065) Favourable step	€ 2,069,304 Total debts 2025: € 2,069,304 ▲ 13% vs 2024 (€ 1,837,699) Unfavourable step	▲ 13%
Cash	€ 1,299,113 Cash 2022: € 1,299,113 First fiscal year in the series	€ 1,409,082 Cash 2023: € 1,409,082 ▲ 8% vs 2022 (€ 1,299,113) Favourable step	€ 1,271,021 Cash 2024: € 1,271,021 ▼ 10% vs 2023 (€ 1,409,082) Unfavourable step	€ 1,130,482 Cash 2025: € 1,130,482 ▼ 11% vs 2024 (€ 1,271,021) Unfavourable step	▼ 11%
Land & buildings	€ 1,238,703 Land & buildings 2022: € 1,238,703 First fiscal year in the series	€ 1,180,582 Land & buildings 2023: € 1,180,582 ▼ 5% vs 2022 (€ 1,238,703) Unchanged	€ 1,122,461 Land & buildings 2024: € 1,122,461 ▼ 5% vs 2023 (€ 1,180,582) Unchanged	€ 1,174,383 Land & buildings 2025: € 1,174,383 ▲ 5% vs 2024 (€ 1,122,461) Unchanged	▲ 5%
Retained profit	€ 2,575,519 Retained profit 2022: € 2,575,519 First fiscal year in the series	€ 2,709,055 Retained profit 2023: € 2,709,055 ▲ 5% vs 2022 (€ 2,575,519) Favourable step	€ 2,734,714 Retained profit 2024: € 2,734,714 ▲ 1% vs 2023 (€ 2,709,055) Favourable step	€ 2,739,417 Retained profit 2025: € 2,739,417 Unchanged (€ 2,734,714) Favourable step
Dividend	€ 300,000 Dividend 2022: € 300,000 First fiscal year in the series	€ 400,000 Dividend 2023: € 400,000 ▲ 33% vs 2022 (€ 300,000) Unchanged	€ 300,000 Dividend 2024: € 300,000 ▼ 25% vs 2023 (€ 400,000) Unchanged	€ 100,000 Dividend 2025: € 100,000 ▼ 67% vs 2024 (€ 300,000) Unchanged	▼ 67%
Bank debt	€ 287,500 Bank debt 2022: € 287,500 First fiscal year in the series	€ 1,125,000 Bank debt 2023: € 1,125,000 ▲ 291% vs 2022 (€ 287,500) Unfavourable step	€ 250,000 Bank debt 2024: € 250,000 ▼ 78% vs 2023 (€ 1,125,000) Favourable step	€ 250,000 Bank debt 2025: € 250,000 Unchanged (€ 250,000) Unchanged
Balance sheet total	€ 4,357,252 Balance sheet total 2022: € 4,357,252 First fiscal year in the series	€ 5,835,440 Balance sheet total 2023: € 5,835,440 ▲ 34% vs 2022 (€ 4,357,252) Unchanged	€ 4,785,381 Balance sheet total 2024: € 4,785,381 ▼ 18% vs 2023 (€ 5,835,440) Unchanged	€ 5,069,956 Balance sheet total 2025: € 5,069,956 ▲ 6% vs 2024 (€ 4,785,381) Unchanged	▲ 6%
Employees (FTE)	7 Employees (FTE) 2022: 7 First fiscal year in the series	6.9 Employees (FTE) 2023: 6.9 ▼ 0.1 vs 2022 (7) Unchanged	7.4 Employees (FTE) 2024: 7.4 ▲ 0.5 vs 2023 (6.9) Unchanged	7.9 Employees (FTE) 2025: 7.9 ▲ 0.5 vs 2024 (7.4) Unchanged	▲ 0.5

Key figures of VEURNE AUTO, 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 VEURNE AUTO?

What happened at VEURNE AUTO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 3, 2026 New annual accounts for financial year 2025: profit of € 104,703 (▼ 68% vs 2024). Source: NBB ↗
2026 SOMO INVEST BV stepped down as director. NBB
2026 KOEN FONTEYNE stepped down as director. NBB
2026 IMMO SOMO NV stepped down as director. NBB
2020 SOMO INVEST BV became a director. NBB
2020 KOEN FONTEYNE became a director. NBB
2020 IMMO SOMO NV became a director. NBB
Oct 27, 1980 New establishment in Veurne. KBO

In short

From € 340,756 profit in 2022 to € 104,703 profit in 2025.

Paid € 473,350 in corporate taxes since 2022.

Best year ever: 2023, with € 533,536 profit.

Paid out € 1.1 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

SOMO INVEST 99.9%

The stake of SOMO INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

VEURNE AUTO

The shares are held by SOMO INVEST (99.9%).

Directors

According to the 2025 annual accounts

SOMO INVEST BV

Managing director · represented by CHRIST SOETE

Also active at: DE GRANDE CARS, Automobilia Cars, RECON TRUCKS, VANSTEELAND, VANMOBIL, AUTOMOBILIA & Co, RECON, AUTOMOBILIA TRUCKS & CARS +5 more

since 2020 · until 2026

KOEN FONTEYNE

Managing director

since 2020 · until 2026

IMMO SOMO NV

Managing director · represented by MARIA MORTIER

Also active at: DE GRANDE CARS, Automobilia Cars, RECON TRUCKS, VANSTEELAND, VANMOBIL, AUTOMOBILIA & Co, RECON, AUTOMOBILIA TRUCKS & CARS +5 more

since 2020 · until 2026

Shareholders

SOMO INVEST

99.9%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Nieuwpoortkeiweg 28

8630 Veurne

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0420.827.669

VAT number

BE 0420.827.669

Registered office

Nieuwpoortkeiweg 28, 8630 Veurne

Names & denominations

VEURNE AUTO

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

16 October 1980

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)

Detailhandel in motorvoertuigen

Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)

Detailhandel in motorbrandstoffen

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)

Onderhoud en reparatie van auto's

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)

View on CBE Public ↗ Annual accounts (NBB) ↗

VEURNE AUTO

Financials

What happened to VEURNE AUTO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions