What does HF MOTORS do?

HF MOTORS is a market trader in Oud-Turnhout. Public Limited, started on 31 December 1988, 1 establishment.

What is the address of HF MOTORS?

The registered office of HF MOTORS is located at Corsendonk 12, 2360 Oud-Turnhout.

Is HF MOTORS still active?

Yes. According to the CBE (29 October 2026) HF MOTORS is active, legal situation “Normale toestand”, started on 31 December 1988.

Is HF MOTORS registered on Peppol?

Yes, HF MOTORS is registered on the Peppol network with ID 0208:0436432593.

What is the enterprise number of HF MOTORS?

The enterprise number of HF MOTORS is BE0436432593.

When was HF MOTORS founded?

HF MOTORS was founded on 31 December 1988.

Who are the directors of HF MOTORS?

According to the 2024 annual accounts, the directors of HF MOTORS are: Thierry De Borrekens, Patrick de Borrekens.

Is HF MOTORS a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 31 December 1988; 4 annual accounts filed, latest fiscal year 2024; 2 directors known from the annual account.

How much profit did HF MOTORS make in 2024?

HF MOTORS recorded a loss after taxes of € 19,937 in financial year 2024.

What is the revenue of HF MOTORS?

As a small company, HF MOTORS is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € -14,600.

HF MOTORS (Public Limited) - Oud-Turnhout - BE0436432593

Dossier HF MOTORS, printed on 29 October 2026 from databakkes.be/en/0436432593/hf-motors. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Two loss years in a row NBB

Negative result in 2023 and 2024.
Tight liquidity NBB

Cash and receivables cover 19 % of short-term debt in 2024; threshold 65 %.

Financials

Financial year 2024

HF MOTORS from Oud-Turnhout, company number BE0436432593, closed financial year 2024 with a result of € -19,937 after tax. For that financial year HF MOTORS recorded a gross margin of € -14,600 and equity of € -328,561. Compared with financial year 2023, the result moved from € -13,313 to € -19,937. 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 August 31, 2025.

What it is worth Caution

€ -328,561

▼ € 19,937 vs 2023

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

Loss Caution

€ -19,937

▼ 50 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 6,082

▲ 191% vs 2023

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -452,508.

Debts at end 2024

Bank debt

€ 164,844

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 74,127

▼ 4% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 17,487

▼ 3% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 2,015 Gross margin 2021: € 2,015 First fiscal year in the series	€ -6,469 Gross margin 2022: € -6,469 ▼ € 8,484 vs 2021 (€ 2,015) Unfavourable step	€ -8,237 Gross margin 2023: € -8,237 ▼ € 1,768 vs 2022 (€ -6,469) Unfavourable step	€ -14,600 Gross margin 2024: € -14,600 ▼ € 6,364 vs 2023 (€ -8,237) Unfavourable step	▼ € 6,364
Profit after taxes	€ 381 Profit after taxes 2021: € 381 First fiscal year in the series	€ -8,263 Profit after taxes 2022: € -8,263 ▼ € 8,644 vs 2021 (€ 381) Unfavourable step	€ -13,313 Profit after taxes 2023: € -13,313 ▼ € 5,050 vs 2022 (€ -8,263) Unfavourable step	€ -19,937 Profit after taxes 2024: € -19,937 ▼ € 6,624 vs 2023 (€ -13,313) Unfavourable step	▼ € 6,624
Equity	€ -287,048 Equity 2021: € -287,048 First fiscal year in the series	€ -295,311 Equity 2022: € -295,311 ▼ € 8,263 vs 2021 (€ -287,048) Unfavourable step	€ -308,624 Equity 2023: € -308,624 ▼ € 13,313 vs 2022 (€ -295,311) Unfavourable step	€ -328,561 Equity 2024: € -328,561 ▼ € 19,937 vs 2023 (€ -308,624) Unfavourable step	▼ € 19,937
Total debts	€ 660,192 Total debts 2021: € 660,192 First fiscal year in the series	€ 706,097 Total debts 2022: € 706,097 ▲ 7% vs 2021 (€ 660,192) Unfavourable step	€ 783,943 Total debts 2023: € 783,943 ▲ 11% vs 2022 (€ 706,097) Unfavourable step	€ 790,749 Total debts 2024: € 790,749 ▲ 1% vs 2023 (€ 783,943) Unfavourable step	▲ 1%
Cash	€ 1,776 Cash 2021: € 1,776 First fiscal year in the series	€ 2,726 Cash 2022: € 2,726 ▲ 53% vs 2021 (€ 1,776) Favourable step	€ 2,089 Cash 2023: € 2,089 ▼ 23% vs 2022 (€ 2,726) Unfavourable step	€ 6,082 Cash 2024: € 6,082 ▲ 191% vs 2023 (€ 2,089) Favourable step	▲ 191%
Retained profit	€ -410,995 Retained profit 2021: € -410,995 First fiscal year in the series	€ -419,258 Retained profit 2022: € -419,258 ▼ € 8,263 vs 2021 (€ -410,995) Unfavourable step	€ -432,570 Retained profit 2023: € -432,570 ▼ € 13,313 vs 2022 (€ -419,258) Unfavourable step	€ -452,508 Retained profit 2024: € -452,508 ▼ € 19,937 vs 2023 (€ -432,570) Unfavourable step	▼ € 19,937
Bank debt	€ 157,614 Bank debt 2021: € 157,614 First fiscal year in the series	€ 155,000 Bank debt 2022: € 155,000 ▼ 2% vs 2021 (€ 157,614) Favourable step	€ 165,493 Bank debt 2023: € 165,493 ▲ 7% vs 2022 (€ 155,000) Unfavourable step	€ 164,844 Bank debt 2024: € 164,844 Unchanged (€ 165,493) Favourable step
Balance sheet total	€ 373,143 Balance sheet total 2021: € 373,143 First fiscal year in the series	€ 410,786 Balance sheet total 2022: € 410,786 ▲ 10% vs 2021 (€ 373,143) Unchanged	€ 475,319 Balance sheet total 2023: € 475,319 ▲ 16% vs 2022 (€ 410,786) Unchanged	€ 462,188 Balance sheet total 2024: € 462,188 ▼ 3% vs 2023 (€ 475,319) Unchanged	▼ 3%

Key figures of HF MOTORS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to HF MOTORS?

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

Aug 31, 2025 New annual accounts for financial year 2024: loss of € 19,937. filed late Source: NBB ↗
2001 Thierry De Borrekens became a director. NBB
2001 Patrick de Borrekens became a director. NBB
Mar 17, 1989 New establishment in Turnhout. KBO
Dec 31, 1988 Start of the company according to the CBE. KBO

In short

From € 381 profit in 2021 to € 19,937 loss in 2024.

Best year ever: 2021, with € 381 profit.

Original PDFs at the National Bank ↗

Management

Thierry De Borrekens Patrick de Borrekens

IMMO T.D.

HF MOTORS

SOFIPA

DREAMINVEST

Behind HF MOTORS are Thierry De Borrekens and Patrick de Borrekens. The same people are also behind IMMO T.D.. Patrick de Borrekens is also behind SOFIPA, DREAMINVEST and Il Tempios.

Directors

According to the 2024 annual accounts

Thierry De Borrekens

Director

Also active at: IMMO T.D.

since 2001

Patrick de Borrekens

Director

Also active at: SOFIPA, IMMO T.D., DREAMINVEST, Il Tempios

since 2001

Establishments

Establishment units

Physical locations of this company

Registered office

Corsendonk 12

2360 Oud-Turnhout

2.042.548.497

Noord-Brabantlaan 6

2300 Turnhout

Active since 17 March 1989

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 →

SOFIPA same network

€ 13,643 gross margin · 2025

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

Details

Company number

0436.432.593

VAT number

BE 0436.432.593

Registered office

Corsendonk 12, 2360 Oud-Turnhout

Names & denominations

HF MOTORS

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

31 December 1988

Peppol

Active · Active since 8 Jun 2026

Activities · NACE

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

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)

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

View on CBE Public ↗ Annual accounts (NBB) ↗

HF MOTORS

Warning lights

Financials

What happened to HF MOTORS?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions