What does MOTORECO do?

MOTORECO is a repair service in Waasmunster. Private Limited, started on 25 February 1998, 2 establishments.

What is the address of MOTORECO?

The registered office of MOTORECO is located at Heidestraat 13, 9250 Waasmunster.

Is MOTORECO still active?

Yes. According to the CBE (30 October 2026) MOTORECO is active, legal situation “Normale toestand”, started on 25 February 1998.

Is MOTORECO registered on Peppol?

Yes, MOTORECO is registered on the Peppol network with ID 0208:0462677033.

What is the enterprise number of MOTORECO?

The enterprise number of MOTORECO is BE0462677033.

When was MOTORECO founded?

MOTORECO was founded on 25 February 1998.

Who are the directors of MOTORECO?

According to the 2025 annual accounts, the directors of MOTORECO are: Tom Van Osselaer.

Is MOTORECO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 25 February 1998; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account; 2 establishments in the CBE.

How much profit did MOTORECO make in 2025?

MOTORECO posted a profit after taxes of € 939,709 in financial year 2025.

What is the revenue of MOTORECO?

As a small company, MOTORECO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,636,449.

How much does an employee at MOTORECO earn?

The average wage cost per full-time employee at MOTORECO was € 110,800 in 2025: staff costs of € 254,911 for 2.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MOTORECO have?

According to the 2025 annual accounts, MOTORECO has 2.3 full-time equivalents (FTE).

MOTORECO (Private Limited) - Waasmunster - BE0462677033

Dossier MOTORECO, printed on 30 October 2026 from databakkes.be/en/0462677033/motoreco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

MOTORECO from Waasmunster, company number BE0462677033, closed financial year 2025 with a result of € 939,709 after tax. For that financial year MOTORECO recorded a gross margin of € 1.6 million and equity of € 2.2 million. Compared with financial year 2024, the result moved from € 797,494 to € 939,709. 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 June 22, 2026.

What it is worth Growing

€ 2.2 million

▲ 4% vs 2024

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

Profit Growing

€ 939,709

▲ 18% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 882,495

▲ 83% vs 2024

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

Where the profit goes Pays out

€ 848,000 paid out

90 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

2.3

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 254,911

▲ 54% vs 2024

€ 110,800 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.

Vehicles and equipment

€ 10,074

▼ 27% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 3,784

▼ 66% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 96,780

▼ 37% vs 2024

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

Taxes and wages

€ 161,738

▼ 37% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 709,984 Gross margin 2022: € 709,984 First fiscal year in the series	€ 822,643 Gross margin 2023: € 822,643 ▲ 16% vs 2022 (€ 709,984) Favourable step	€ 1,345,515 Gross margin 2024: € 1,345,515 ▲ 64% vs 2023 (€ 822,643) Favourable step	€ 1,636,449 Gross margin 2025: € 1,636,449 ▲ 22% vs 2024 (€ 1,345,515) Favourable step	▲ 22%
Profit after taxes	€ 408,177 Profit after taxes 2022: € 408,177 First fiscal year in the series	€ 435,638 Profit after taxes 2023: € 435,638 ▲ 7% vs 2022 (€ 408,177) Favourable step	€ 797,494 Profit after taxes 2024: € 797,494 ▲ 83% vs 2023 (€ 435,638) Favourable step	€ 939,709 Profit after taxes 2025: € 939,709 ▲ 18% vs 2024 (€ 797,494) Favourable step	▲ 18%
Equity	€ 1,096,096 Equity 2022: € 1,096,096 First fiscal year in the series	€ 1,344,734 Equity 2023: € 1,344,734 ▲ 23% vs 2022 (€ 1,096,096) Favourable step	€ 2,142,228 Equity 2024: € 2,142,228 ▲ 59% vs 2023 (€ 1,344,734) Favourable step	€ 2,233,937 Equity 2025: € 2,233,937 ▲ 4% vs 2024 (€ 2,142,228) Favourable step	▲ 4%
Total debts	€ 524,916 Total debts 2022: € 524,916 First fiscal year in the series	€ 438,843 Total debts 2023: € 438,843 ▼ 16% vs 2022 (€ 524,916) Favourable step	€ 422,349 Total debts 2024: € 422,349 ▼ 4% vs 2023 (€ 438,843) Favourable step	€ 644,011 Total debts 2025: € 644,011 ▲ 52% vs 2024 (€ 422,349) Unfavourable step	▲ 52%
Cash	€ 1,121,550 Cash 2022: € 1,121,550 First fiscal year in the series	€ 612,435 Cash 2023: € 612,435 ▼ 45% vs 2022 (€ 1,121,550) Unfavourable step	€ 483,303 Cash 2024: € 483,303 ▼ 21% vs 2023 (€ 612,435) Unfavourable step	€ 882,495 Cash 2025: € 882,495 ▲ 83% vs 2024 (€ 483,303) Favourable step	▲ 83%
Retained profit	€ 1,059,780 Retained profit 2022: € 1,059,780 First fiscal year in the series	€ 1,308,418 Retained profit 2023: € 1,308,418 ▲ 23% vs 2022 (€ 1,059,780) Favourable step	€ 2,105,912 Retained profit 2024: € 2,105,912 ▲ 61% vs 2023 (€ 1,308,418) Favourable step	€ 2,197,620 Retained profit 2025: € 2,197,620 ▲ 4% vs 2024 (€ 2,105,912) Favourable step	▲ 4%
Dividend	€ 300,000 Dividend 2022: € 300,000 First fiscal year in the series	€ 187,000 Dividend 2023: € 187,000 ▼ 38% vs 2022 (€ 300,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 187,000) Unchanged	€ 848,000 Dividend 2025: € 848,000 Unchanged (€ 0) Unchanged
Bank debt	€ 26,071 Bank debt 2022: € 26,071 First fiscal year in the series	€ 18,721 Bank debt 2023: € 18,721 ▼ 28% vs 2022 (€ 26,071) Favourable step	€ 11,292 Bank debt 2024: € 11,292 ▼ 40% vs 2023 (€ 18,721) Favourable step	€ 3,784 Bank debt 2025: € 3,784 ▼ 66% vs 2024 (€ 11,292) Favourable step	▼ 66%
Balance sheet total	€ 1,621,012 Balance sheet total 2022: € 1,621,012 First fiscal year in the series	€ 1,783,577 Balance sheet total 2023: € 1,783,577 ▲ 10% vs 2022 (€ 1,621,012) Unchanged	€ 2,564,577 Balance sheet total 2024: € 2,564,577 ▲ 44% vs 2023 (€ 1,783,577) Unchanged	€ 2,877,947 Balance sheet total 2025: € 2,877,947 ▲ 12% vs 2024 (€ 2,564,577) Unchanged	▲ 12%
Employees (FTE)	1.9 Employees (FTE) 2022: 1.9 First fiscal year in the series	1.9 Employees (FTE) 2023: 1.9 Unchanged (1.9) Unchanged	2.3 Employees (FTE) 2024: 2.3 ▲ 0.4 vs 2023 (1.9) Unchanged	2.3 Employees (FTE) 2025: 2.3 Unchanged (2.3) Unchanged

Key figures of MOTORECO, 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 MOTORECO?

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

Jun 22, 2026 New annual accounts for financial year 2025: profit of € 939,709 (▲ 18% vs 2024). Source: NBB ↗
2020 Tom Van Osselaer became a director. NBB
Mar 2, 1998 New establishment in Sint-Niklaas. KBO
Feb 26, 1998 New establishment in Waasmunster. KBO
Feb 25, 1998 Start of the company according to the CBE. KBO

In short

From € 408,177 profit in 2022 to € 939,709 profit in 2025.

Paid € 1.2 million in corporate taxes since 2022.

Best year ever: 2025, with € 939,709 profit.

On average € 711,500 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Tom Van Osselaer

MOTORECO

Behind MOTORECO is Tom Van Osselaer.

Directors

According to the 2025 annual accounts

Tom Van Osselaer

Director

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Heidestraat 13

9250 Waasmunster

2.085.611.153

Europark-Oost 13

9100 Sint-Niklaas

Active since 2 March 1998

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 →

NEW MOTORECO BEHEER

€ 71,089 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

0462.677.033

VAT number

BE 0462.677.033

Registered office

Heidestraat 13, 9250 Waasmunster

Names & denominations

MOTORECO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

25 February 1998

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)

Onderhoud en reparatie van auto's

Vervaardiging van elektromotoren en van elektrische generatoren en transformatoren

Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)

View on CBE Public ↗ Annual accounts (NBB) ↗

MOTORECO

Financials

What happened to MOTORECO?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions