Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TOP MOTORS SERVICES from Wevelgem, company number BE0665611030, closed financial year 2025 with a result of € 3.4 million after tax. For that financial year TOP MOTORS SERVICES recorded revenue of € 5.8 million and equity of € 23.9 million. Compared with financial year 2024, the result moved from € 4 million to € 3.4 million. 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 July 16, 2026.
€ 23.9 million
▲ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.4 million
▼ 14% vs 2024
Profit after tax over the fiscal year.
€ 189,784
▲ 71% 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 € 17.2 million.
People and assets in 2025
41
▲ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.9 million
▲ 2% vs 2024
€ 95,800 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.
Debts at end 2025
€ 4.4 million
▼ 30% vs 2024
€ 1.9 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 388,753
▲ 126% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 78 days on average.
€ 477,643
▼ 67% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,458,000 | € 3,516,000 | € 5,326,000 | € 5,790,386 | ▲ 9% |
| Profit after taxes | € -1,833,401 | € 3,130,268 | € 3,962,421 | € 3,420,151 | ▼ 14% |
| Equity | € 13,356,988 | € 16,487,257 | € 20,449,678 | € 23,869,829 | ▲ 17% |
| Total debts | € 12,094,769 | € 16,481,975 | € 14,189,176 | € 12,932,888 | ▼ 9% |
| Cash | € 143,776 | € 543,994 | € 110,716 | € 189,784 | ▲ 71% |
| Retained profit | € 6,705,643 | € 9,835,912 | € 13,798,333 | € 17,218,484 | ▲ 25% |
| Bank debt | € 5,817,860 | € 8,096,433 | € 6,232,149 | € 4,367,865 | ▼ 30% |
| Balance sheet total | € 25,451,758 | € 32,969,231 | € 34,638,855 | € 36,802,717 | ▲ 6% |
| Employees (FTE) | 25.5 | 31.6 | 39.9 | 41 | ▲ 1.1 |
Key figures of TOP MOTORS SERVICES, 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 TOP MOTORS SERVICES?
What happened at TOP MOTORS SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Haboman BV stepped down as director. NBB
- Top Motors Invest NV stepped down as director. NBB
- Varaco BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.4 million (▼ 14% vs 2024). Source: NBB ↗
- Haboman BV became a director. NBB
- Top Motors Invest NV became a director. NBB
- Varaco BV became a director. NBB
- New establishment in Wevelgem. KBO
In short
From € 1.8 million loss in 2022 to € 3.4 million profit in 2025.
Paid € 875,266 in corporate taxes since 2022.
Best year ever: 2024, with € 4 million profit.
Pays suppliers within 78 days on average.
A new publication or filing at TOP MOTORS SERVICES? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
It owns 100% of TMI2, 100% of TMI1, 100% of Top Motors Tielt, 100% of Top Motors Waregem, 100% of Top Motors Oudenaarde and 100% of Top Motors Wevelgem itself.
Directors
According to the 2025 annual accounts
Director · represented by Hans Boels
Also active at: Motogroup, TOP MOTORS WAREGEM, TOP MOTORS ROESELARE, TOP MOTORS OUDENAARDE, KELLER LUFTTECHNIK BENELUX, TOP MOTORS INVEST, TOP MOTORS KORTRIJK, BC OUDE KASSEI +6 more
since 2026 · until 2031
Director · represented by Louis Vanderstichele
Also active at: TOP MOTORS WAREGEM, TOP MOTORS ROESELARE, TOP MOTORS OUDENAARDE, TOP MOTORS KORTRIJK, EURO-VEG Belgium, TOP MOTORS WEVELGEM, TOP REPAIR, TOP MOTORS TIELT
since 2026 · until 2031
Managing director · represented by Thomas Vanderstichele
Also active at: TOP MOTORS WAREGEM, TOP MOTORS ROESELARE, TOP MOTORS OUDENAARDE, TOP MOTORS INVEST, TOP MOTORS KORTRIJK, EURO-VEG Belgium, TOP MOTORS WEVELGEM, TOP REPAIR +1 more
since 2026 · until 2031
Establishments
Establishment units
Physical locations of this company
Kortrijkstraat 506
8560 Wevelgem
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 →TOP MOTORS INVEST same network
€ 1.3 million revenue · 2025
EURO-VEG Belgium same network
€ 132,374 gross margin · 2025
TOP MOTORS WEVELGEM same network
€ 113.6 million revenue · 2025
GROEP TOP MOTORS
TOP REPAIR same network
€ 4.1 million gross margin · 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
- 0665.611.030
- VAT number
- BE 0665.611.030
- Registered office
- Kortrijkstraat 506, 8560 Wevelgem
- Names & denominations
- TOP MOTORS SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 October 2016
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Activiteiten van hoofdkantoren
Activiteiten van holdings
Holdings