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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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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
M-Motorhomes from Tielt, company number BE0546570749, closed financial year 2025 with a result of € 17,202 after tax. For that financial year M-Motorhomes recorded a gross margin of € 200,776 and equity of € 1.9 million. Compared with financial year 2024, the result moved from € 379,500 to € 17,202. The company is profitable. 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 May 29, 2026.
€ 1.9 million
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,202
▼ 95% vs 2024
Profit after tax over the fiscal year.
€ 267,385
▼ 51% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 615,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
2.5
▼ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 141,858
▼ 23% vs 2024
€ 56,700 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.
€ 345,679
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 534,560
▲ € 452,213 vs 2024
Loans from banks and other lenders, long and short.
€ 501,544
▼ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 79,641
▼ 67% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 756,744 | € 751,685 | € 789,436 | € 200,776 | ▼ 75% |
| Profit after taxes | € 447,518 | € 399,120 | € 379,500 | € 17,202 | ▼ 95% |
| Equity | € 1,733,870 | € 2,132,990 | € 2,512,490 | € 1,914,692 | ▼ 24% |
| Total debts | € 1,603,899 | € 1,697,997 | € 1,793,334 | € 1,315,490 | ▼ 27% |
| Cash | € 464,528 | € 329,382 | € 540,225 | € 267,385 | ▼ 51% |
| Retained profit | € 1,614,870 | € 2,013,990 | € 2,393,490 | € 1,795,692 | ▼ 25% |
| Dividend | € 0 | € 0 | € 0 | € 615,000 | |
| Bank debt | € 82,563 | € 83,771 | € 82,347 | € 534,560 | ▲ € 452,213 |
| Balance sheet total | € 3,337,769 | € 3,830,987 | € 4,305,825 | € 3,230,182 | ▼ 25% |
| Employees (FTE) | 3.7 | 3.7 | 3.7 | 2.5 | ▼ 1.2 |
Key figures of M-Motorhomes, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to M-Motorhomes?
What happened at M-Motorhomes in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,202 (▼ 95% vs 2024). filed late Source: NBB ↗
- DEVIMS BV became a director. NBB
- GARAGE DEVISCH BV became a director. NBB
- Nic Maes became a director. NBB
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 447,518 profit in 2022 to € 17,202 profit in 2025.
Paid € 433,356 in corporate taxes since 2022.
Best year ever: 2022, with € 447,518 profit.
On average € 80,300 of value added per employee in 2025.
Management
Behind M-Motorhomes are Nic Maes, DEVIMS BV and GARAGE DEVISCH BV. GARAGE DEVISCH BV is also behind AUTOBEDRIJF DECLEIR and C-DEV.
Directors
According to the 2025 annual accounts
Nic Maes
Director
since 2024
Director · represented by Imschoot Olivier
since 2025
Director · represented by Devisch Christophe
Also active at: AUTOBEDRIJF DECLEIR, C-DEV
since 2025
Establishments
Establishment units
Physical locations of this company
Deinsesteenweg 12
8700 Tielt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0546.570.749
- VAT number
- BE 0546.570.749
- Registered office
- Deinsesteenweg 12, 8700 Tielt
- Names & denominations
- M-Motorhomes
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 February 2014
- Peppol
- Active · Active since 16 Oct 2025
- Activities · NACE
Groothandel in andere motorvoertuigen (> 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
Groothandel in aanhangwagens, opleggers en caravans
Detailhandel in fietsen
Detailhandel in fietsen in gespecialiseerde winkels
Handel in aanhangwagens, opleggers en caravans