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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ITALIA MOTORS from Keerbergen, company number BE0429340806, closed financial year 2025 with a result of € -16,496 after tax. For that financial year ITALIA MOTORS recorded a gross margin of € -15,868 and equity of € -161,024. Compared with financial year 2024, the result moved from € -10,589 to € -16,496. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ -161,024
▼ € 16,496 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -16,496
▼ 56 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,483
▲ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -222,998.
Debts at end 2025
€ 142,273
▲ 29% vs 2024
€ 70,900 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,250
▼ 14% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -17,092 | € -2,611 | € -10,039 | € -15,868 | ▼ € 5,829 |
| Profit after taxes | € -17,438 | € -2,985 | € -10,589 | € -16,496 | ▼ € 5,907 |
| Equity | € -130,955 | € -133,940 | € -144,529 | € -161,024 | ▼ € 16,496 |
| Total debts | € 144,048 | € 148,031 | € 157,529 | € 187,975 | ▲ 19% |
| Cash | € 1,725 | € 1,416 | € 1,705 | € 2,483 | ▲ 46% |
| Retained profit | € -192,928 | € -195,913 | € -206,502 | € -222,998 | ▼ € 16,496 |
| Bank debt | € 90,783 | € 111,583 | € 110,583 | € 142,273 | ▲ 29% |
| Balance sheet total | € 13,094 | € 14,092 | € 13,001 | € 26,951 | ▲ 107% |
Key figures of ITALIA MOTORS, 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 ITALIA MOTORS?
What happened at ITALIA MOTORS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 16,496. Source: NBB ↗
- Johan Notelaers became a director. NBB
- Koen Verhoeven became a director. NBB
- New establishment in Keerbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,438 loss in 2022 to € 16,496 loss in 2025.
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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
Behind ITALIA MOTORS are Johan Notelaers and Koen Verhoeven. Johan Notelaers is also behind SREALETON GROUP.
Directors
According to the 2025 annual accounts
since 2011
Koen Verhoeven
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Fazantendreef 31
3140 Keerbergen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0429.340.806
- VAT number
- BE 0429.340.806
- Registered office
- Fazantendreef 31, 3140 Keerbergen
- Names & denominations
- ITALIA MOTORS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 August 1986
- Peppol
- Active · Active since 17 Feb 2026
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen