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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Two loss years in a row NBB
Negative result in 2025 and 2025.
Financials
Financial year 2025
GENT MOTORS NOORD from Gent, company number BE0440499170, closed financial year 2025 with a result of € -10,105 after tax. For that financial year GENT MOTORS NOORD recorded a gross margin of € 79,474 and equity of € 1.6 million. Compared with financial year 2025, the result moved from € -11,330 to € -10,105. The company made a loss. 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 June 23, 2026.
€ 1.6 million
▼ 6% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,105
▲ 11 % less loss than in 2025
Profit after tax over the fiscal year.
€ 7,969
▼ 80% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.5 million.
People and assets in 2025
€ 16,212
▼ 22% vs 2025
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 43,465
▼ 48% vs 2025
Of which on lease € 42,832.
Debts at end 2025
€ 778,696
▼ 9% vs 2025
€ 217,359 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 55,658
▲ 34% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 11,222
▲ € 10,364 vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2025 | Change 2025 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 228,443 | € 271,402 | € 121,871 | € 79,474 | ▼ 35% |
| Profit after taxes | € -8,998 | € -9,980 | € -11,330 | € -10,105 | ▲ € 1,225 |
| Equity | € 1,679,428 | € 1,669,448 | € 1,658,119 | € 1,559,466 | ▼ 6% |
| Total debts | € 1,296,853 | € 1,306,248 | € 905,471 | € 846,700 | ▼ 6% |
| Cash | € 323,130 | € 270,725 | € 40,641 | € 7,969 | ▼ 80% |
| Land & buildings | € 1,085,957 | € 1,071,414 | € 1,094,199 | € 1,001,204 | ▼ 8% |
| Retained profit | € 1,615,928 | € 1,605,948 | € 1,594,619 | € 1,495,966 | ▼ 6% |
| Bank debt | € 1,124,528 | € 1,009,891 | € 856,464 | € 778,696 | ▼ 9% |
| Balance sheet total | € 2,987,220 | € 2,983,031 | € 2,567,319 | € 2,408,030 | ▼ 6% |
| Employees (FTE) | 1.8 | 1.7 | 0.3 | - |
Key figures of GENT MOTORS NOORD, fiscal years 2023 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 GENT MOTORS NOORD?
What happened at GENT MOTORS NOORD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,330. Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,998 loss in 2023 to € 10,105 loss in 2025.
Paid € 6,559 in corporate taxes since 2023.
On average € 159,600 of value added per employee in 2024.
Management
Behind GENT MOTORS NOORD are Leen Reynaert and Olivier Van den Broeke. Olivier Van den Broeke is also behind GENT MOTORS and GENT MOTORS TRADE.
Directors
According to the 2025 annual accounts
Leen Reynaert
Director
Establishments
Establishment units
Physical locations of this company
Koninginnelaan 60
9031 Gent
Koninginnelaan 60 box 2
9031 Gent
Active since 1 March 2011
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.499.170
- VAT number
- BE 0440.499.170
- Registered office
- Koninginnelaan 60, 9031 Gent
- Names & denominations
- GENT MOTORS NOORD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 1990
- Peppol
- Active · Active since 29 Nov 2025
- Activities · NACE
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in de groothandel in andere specifieke goederen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)