Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 19.2 to 15.
Financials
Financial year 2025
THOEN AUTOMOTIVE NINOVE from Aalst, company number BE0452398793, closed financial year 2025 with a result of € -187,727 after tax. For that financial year THOEN AUTOMOTIVE NINOVE recorded a gross margin of € 918,716 and equity of € 784,316. Compared with financial year 2024, the result moved from € 32,639 to € -187,727. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 784,316
▼ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -187,727
▼ still € 32,639 profit in 2024
Profit after tax over the fiscal year.
€ 7,088
▼ 82% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 684,316.
People and assets in 2025
15
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 911,562
▼ 11% vs 2024
€ 60,800 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.
€ 26,063
▲ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.4 million
▲ 26% vs 2024
€ 53,664 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 389,692
▼ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 121,012
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,406,221 | € 1,654,671 | € 1,387,270 | € 918,716 | ▼ 34% |
| Profit after taxes | € 49,037 | € 45,453 | € 32,639 | € -187,727 | ▼ € 220,366 |
| Equity | € 893,950 | € 939,404 | € 972,043 | € 784,316 | ▼ 19% |
| Total debts | € 3,278,776 | € 4,456,864 | € 3,888,924 | € 3,129,056 | ▼ 20% |
| Cash | € 97,013 | € 402,071 | € 38,619 | € 7,088 | ▼ 82% |
| Land & buildings | € 422,930 | € 362,572 | € 305,172 | € 245,631 | ▼ 20% |
| Retained profit | € 793,950 | € 839,404 | € 872,043 | € 684,316 | ▼ 22% |
| Bank debt | € 1,890,201 | € 2,627,342 | € 1,921,853 | € 2,414,262 | ▲ 26% |
| Balance sheet total | € 4,472,364 | € 5,698,106 | € 5,163,142 | € 4,216,028 | ▼ 18% |
| Employees (FTE) | 20.4 | 19.2 | 15.5 | 15 | ▼ 0.5 |
Key figures of THOEN AUTOMOTIVE NINOVE, 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 THOEN AUTOMOTIVE NINOVE?
What happened at THOEN AUTOMOTIVE NINOVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 187,727 (▼ € 220,366 vs 2024). Source: NBB ↗
- STESTEMAT BV became a director. NBB
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 49,037 profit in 2022 to € 187,727 loss in 2025.
Paid € 5,205 in corporate taxes since 2022.
Best year ever: 2022, with € 49,037 profit.
On average € 61,200 of value added per employee in 2025.
Management
The stake of THOEN CENTER comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
THOEN AUTOMOTIVE NINOVEBehind THOEN AUTOMOTIVE NINOVE is STESTEMAT BV. The shares are held by THOEN CENTER (100%).
Directors
According to the 2025 annual accounts
Director · represented by François Thoen
Also active at: THOEN CENTER NINOVE, THOEN AUTOGROEP, THOEN IMMO, THOEN, THOEN CENTER, THOEN CARROSSERIE, THOEN CARROSSERIE ZOTTEGEM
since 2021
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Bergemeersenstraat 120
9300 Aalst
Leopoldlaan 126
9400 Ninove
Active since 12 September 1994
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →THOEN CENTER NINOVE same network
€ 17.2 million revenue · 2025
THOEN AUTOGROEP same network
€ 17.5 million revenue · 2025
THOEN same network
€ 55.5 million revenue · 2025
STESTEMAT same network
€ 1.2 million revenue · 2025
THOEN CENTER same network
€ 62.1 million revenue · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.398.793
- VAT number
- BE 0452.398.793
- Registered office
- Bergemeersenstraat 120, 9300 Aalst
- Names & denominations
- THOEN AUTOMOTIVE NINOVE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 March 1994
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Detailhandel 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)