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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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GENT MOTORS from Gent, company number BE0442763032, closed financial year 2025 with a result of € 14,420 after tax. For that financial year GENT MOTORS recorded revenue of € 30.2 million and equity of € 5.7 million. Compared with financial year 2024, the result moved from € 183,805 to € 14,420. The company is profitable. 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 June 26, 2026.
€ 5.7 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,420
▼ 92% vs 2024
Profit after tax over the fiscal year.
€ 1.1 million
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 5.6 million.
People and assets in 2025
34
▲ 5.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
▲ 13% vs 2024
€ 63,000 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.
€ 713,468
▲ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.4 million
▼ 5% vs 2024
€ 207,134 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 2.3 million
▼ 6% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 31 days on average.
€ 578,931
▼ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 32,384,848 | € 34,686,772 | € 30,540,348 | € 30,168,215 | ▼ 1% |
| Profit after taxes | € 748,924 | € 744,807 | € 183,805 | € 14,420 | ▼ 92% |
| Equity | € 4,764,647 | € 5,509,454 | € 5,693,259 | € 5,707,680 | |
| Total debts | € 15,246,127 | € 12,039,413 | € 9,905,217 | € 9,332,623 | ▼ 6% |
| Cash | € 909,390 | € 565,801 | € 1,671,604 | € 1,055,659 | ▼ 37% |
| Land & buildings | € 3,292,775 | € 2,992,205 | € 4,461,672 | € 4,261,607 | ▼ 4% |
| Retained profit | € 4,640,700 | € 5,385,508 | € 5,569,313 | € 5,583,733 | |
| Dividend | € 750,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 1,765,944 | € 2,338,769 | € 3,568,674 | € 3,385,924 | ▼ 5% |
| Balance sheet total | € 20,010,774 | € 17,548,868 | € 15,598,476 | € 15,040,303 | ▼ 4% |
| Employees (FTE) | 24.7 | 24.8 | 28.9 | 34 | ▲ 5.1 |
Key figures of GENT 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 GENT MOTORS?
What happened at GENT MOTORS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,420 (▼ 92% vs 2024). Source: NBB ↗
- New establishment in Geraardsbergen. KBO
- New establishment in Gent. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 748,924 profit in 2022 to € 14,420 profit in 2025.
Paid € 652,877 in corporate taxes since 2022.
Best year ever: 2022, with € 748,924 profit.
Paid out € 750,000 in dividends to the owners in total.
Management
The stake of ACOVA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GENT MOTORSBehind GENT MOTORS are Acova BV, Gent Motors Trade bv and Thibaut Van den Broeke. The shares are held by ACOVA (99.8%).
Directors
According to the 2025 annual accounts
Director · represented by Olivier Van den Broeke
Director · represented by Leen Reynaert
Thibaut Van den Broeke
Director
Shareholders
99.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zwijnaardsesteenweg 143
9000 Gent
Koninginnelaan 60 box 2
9031 Gent
Active since 6 February 2018
Groteweg(Ove) 51/57
9500 Geraardsbergen
Active since 1 October 2023
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.763.032
- VAT number
- BE 0442.763.032
- Registered office
- Zwijnaardsesteenweg 143, 9000 Gent
- Names & denominations
- GENT MOTORS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 1990
- Peppol
- Active · Active since 29 Nov 2025
- Activities · NACE
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Detailhandel in onderdelen en accessoires van motorvoertuigen
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)