Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
Motrac from Antwerpen, company number BE0428244805, closed financial year 2023 with a result of € 1,743 after tax. For that financial year Motrac recorded revenue of € 95.6 million and equity of € 22.3 million. Compared with financial year 2022, the result moved from € -603,504 to € 1,743. Profitable, and profit is growing. 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 July 5, 2024.
€ 22.3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,743
▲ still € 603,504 loss in 2022
Profit after tax over the fiscal year.
€ 4.6 million
▲ 101% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 15.3 million.
People and assets in 2023
191.8
▼ 10 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 16.2 million
▲ 2% vs 2022
€ 84,700 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.
€ 526,140
▼ 92% vs 2022
Of which on lease € 34,040.
Debts at end 2023
€ 1.2 million
▼ 12% vs 2022
€ 107,123 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 14.1 million
▲ 21% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 66 days on average.
€ 7.5 million
▲ 22% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 68,499,815 | € 78,650,078 | € 95,564,428 | ▲ 22% |
| Profit after taxes | € 599,086 | € -603,504 | € 1,743 | ▲ € 605,247 |
| Equity | € 22,925,597 | € 22,319,584 | € 22,318,817 | |
| Total debts | € 17,033,422 | € 20,543,121 | € 24,042,914 | ▲ 17% |
| Cash | € 6,202,245 | € 2,277,113 | € 4,581,228 | ▲ 101% |
| Land & buildings | € 3,381,717 | € 3,748,585 | € 3,525,549 | ▼ 6% |
| Retained profit | € 15,935,917 | € 15,332,412 | € 15,334,155 | |
| Bank debt | € 1,613,078 | € 1,412,555 | € 1,247,484 | ▼ 12% |
| Balance sheet total | € 40,185,500 | € 43,221,623 | € 46,816,829 | ▲ 8% |
| Employees (FTE) | 186 | 201.8 | 191.8 | ▼ 10 |
Key figures of Motrac, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Motrac?
What happened at Motrac in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jan Bos stepped down as director. NBB
- Royal Reesink B.V. stepped down as director. NBB
- New annual accounts for financial year 2023: profit of € 1,743. Source: NBB ↗
- Jan Bos became a director. NBB
- Geurt de Groot stepped down as director. NBB
- Geurt de Groot became a director. NBB
- Royal Reesink B.V. became a director. NBB
- New establishment in Mouscron. KBO
In short
From € 599,086 profit in 2021 to € 1,743 profit in 2023.
Paid € 1 million in corporate taxes since 2021.
Best year ever: 2021, with € 599,086 profit.
Pays suppliers within 66 days on average.
A new publication or filing at Motrac? 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 Reesink Mat. Handling Equipment B.V. (100%) and Royal Reesink BV (0%).
Directors
According to the 2023 annual accounts
Jan Bos
Director
since 2024 · until 2030
Royal Reesink B.V.
Director · represented by Arjaen Rogier van der Linde
since 2021 · until 2027
Geurt de Groot
Managing director
since 2023 · until 2023
Shareholders
Reesink Mat. Handling Equipment B.V.
100%
Royal Reesink BV
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Noorderlaan 612
2030 Antwerpen
National 4(Pessoux) 3
5590 Ciney
Active since 12 October 2001
Kaaistraat(D) 28
7711 Mouscron
Active since 1 January 2020
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
FUNDAMENTS-AS, NL
Website info
Features
Security
Details
- Company number
- 0428.244.805
- VAT number
- BE 0428.244.805
- Registered office
- Noorderlaan 612, 2030 Antwerpen
- Names & denominations
- Motrac
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 January 1986
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- motrac.be
- Activities · NACE
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