Financials
Financial year 2026
SUBARU EUROPE from Zaventem, company number BE0438574810, closed financial year 2026 with a result of € 5.6 million after tax. For that financial year SUBARU EUROPE recorded revenue of € 533.1 million and equity of € 117.4 million. Compared with financial year 2025, the result moved from € 5.4 million to € 5.6 million. Profitable, and profit is growing. 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 September 1, 2026.
€ 117.4 million
▲ 5% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5.6 million
▲ 4% vs 2025
Profit after tax over the fiscal year.
€ 89.7 million
▲ 80% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 29.9 million.
People and assets in 2026
45
▲ 5.1 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 5.4 million
▲ 18% vs 2025
€ 120,100 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.
€ 921,849
▲ 58% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 104.4 million
▲ 15% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 73 days on average.
€ 645,871
▲ 16% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 576,305,189 | € 664,560,204 | € 574,717,446 | € 533,131,063 | ▼ 7% |
| Profit after taxes | € 7,996,799 | € 7,459,533 | € 5,445,141 | € 5,637,383 | ▲ 4% |
| Equity | € 98,871,383 | € 106,330,916 | € 111,776,057 | € 117,413,439 | ▲ 5% |
| Total debts | € 97,221,308 | € 30,734,471 | € 94,669,008 | € 110,680,141 | ▲ 17% |
| Cash | € 60,040,101 | € 26,024,522 | € 49,941,499 | € 89,674,576 | ▲ 80% |
| Retained profit | € 11,367,156 | € 18,826,689 | € 24,271,830 | € 29,909,212 | ▲ 23% |
| Dividend | € 3,100,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 196,092,690 | € 137,065,386 | € 206,445,065 | € 228,093,580 | ▲ 10% |
| Employees (FTE) | 39.7 | 39.3 | 39.9 | 45 | ▲ 5.1 |
Key figures of SUBARU EUROPE, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to SUBARU EUROPE?
What happened at SUBARU EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Y. Takaoka stepped down as director. NBB
- T. Kubota stepped down as director. NBB
- K. Ino stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 5.6 million (▲ 4% vs 2025). Source: NBB ↗
- Y. Takaoka became a director. NBB
- T. Kubota became a director. NBB
- K. Koshimizu stepped down as director. NBB
- H. Tabata stepped down as director. NBB
In short
From € 8 million profit in 2023 to € 5.6 million profit in 2026.
Paid € 7.8 million in corporate taxes since 2023.
Best year ever: 2023, with € 8 million profit.
Paid out € 3.1 million in dividends to the owners in total.
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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 Subaru Corporation (100%). It owns 100% of Subaru Italy, 100% of Subaru Partsaccess Europe, 100% of Subaru Benelux, 29% of Subaru Germany, 10% of Baytur Motorlu Vasitalar Ticaret A.S. and 5% of Subaru Espana S.A. itself.
Directors
According to the 2026 annual accounts
K. Ino
Director
since 2024 · until 2029
K. Koshimizu
Managing director
since 2024 · until 2026
Y. Takaoka
Director
since 2026 · until 2031
T. Kubota
Managing director
since 2026 · until 2031
H. Tabata
Director
since 2025 · until 2026
Shareholders
Subaru Corporation
100%
Participations
100%
100%
29%
Baytur Motorlu Vasitalar Ticaret A.S.
10%
Subaru Espana S.A.
5%
Establishments
Establishment units
Physical locations of this company
Leuvensesteenweg 553
1930 Zaventem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
Mimecast
Hosting
COMBELL-AS, BE
Domain
Domain
subaru.eu
Registrar
Level27 bv
Website info
Features
Security
Details
- Company number
- 0438.574.810
- VAT number
- BE 0438.574.810
- Registered office
- Leuvensesteenweg 553, 1930 Zaventem
- Names & denominations
- SUBARU EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 October 1989
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- subaru.eu
- Activities · NACE
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in onderdelen en accessoires van motorvoertuigen
Vervaardiging van carrosserieën voor motorvoertuigen
Groothandel in delen en toebehoren van motorvoertuigen
Reparatie en montage van specifieke auto-onderdelen
Kleinhandel in onderdelen en accessoires van auto's
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