Financials
Financial year 2025
TYREMASTERS from Zaventem, company number BE0817675455, closed financial year 2025 with a result of € 114,687 after tax. For that financial year TYREMASTERS recorded a gross margin of € 479,683 and equity of € 315,218. Compared with financial year 2024, the result moved from € 217,365 to € 114,687. 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 August 22, 2026.
€ 315,218
▲ 57% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 114,687
▼ 47% vs 2024
Profit after tax over the fiscal year.
€ 409,157
▲ 114% 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 € 285,218.
People and assets in 2025
4.5
▲ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 309,074
▲ 43% vs 2024
€ 68,700 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.
€ 36,076
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 125,000
Loans from banks and other lenders, long and short.
€ 336,839
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 82,457
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 203,173 | € 250,575 | € 449,067 | € 479,683 | ▲ 7% |
| Profit after taxes | € -10,380 | € 53,231 | € 217,365 | € 114,687 | ▼ 47% |
| Equity | € -20,066 | € 33,165 | € 200,531 | € 315,218 | ▲ 57% |
| Total debts | € 402,214 | € 505,877 | € 560,561 | € 544,296 | ▼ 3% |
| Cash | € 36,152 | € 48,097 | € 191,275 | € 409,157 | ▲ 114% |
| Retained profit | € -50,066 | € 3,165 | € 170,531 | € 285,218 | ▲ 67% |
| Dividend | € 0 | € 0 | € 50,000 | € 0 | ▼ 100% |
| Bank debt | € 200,000 | € 125,000 | € 125,000 | € 125,000 | |
| Balance sheet total | € 382,149 | € 539,042 | € 761,091 | € 859,514 | ▲ 13% |
| Employees (FTE) | 3.8 | 3 | 3.3 | 4.5 | ▲ 1.2 |
By gross margin, TYREMASTERS ranks 1st of 7 companies with main activity “Detailhandel in onderdelen en accessoires van motorvoertuigen” in Zaventem that publish figures (fiscal year 2025).
Key figures of TYREMASTERS, 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.
Ask about TYREMASTERS the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to TYREMASTERS?
What happened at TYREMASTERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 114,687 (▼ 47% vs 2024). filed late Source: NBB ↗
- New establishment in Machelen (Brab.). KBO
- CHEPA BV became a director. NBB
- New establishment in Zaventem. KBO
- Incorporation, published in the Gazette. Source: Staatsblad ↗
In short
From € 10,380 loss in 2022 to € 114,687 profit in 2025.
Paid € 36,910 in corporate taxes since 2022.
Best year ever: 2024, with € 217,365 profit.
On average € 106,600 of value added per employee in 2025.
Management
The stake of CHEPA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
TYREMASTERSBehind TYREMASTERS is CHEPA BV. The shares are held by CHEPA (50%).
Establishments
Establishment units
Physical locations of this company
Leuvensesteenweg 601
1930 Zaventem
Leuvensesteenweg 597
1930 Zaventem
Active since 31 May 2010
Kouterveldstraat 2 box A
1831 Machelen (Brab.)
Active since 15 October 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
MICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US
DNS
OVH DNS
Website info
Features
Security
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Marco PAGNANELLI(deelgenoot) 50%
- PASSION PNEU EUROPE(deelgenoot) 50%
Details
- Company number
- 0817.675.455
- VAT number
- BE 0817.675.455
- Registered office
- Leuvensesteenweg 601, 1930 Zaventem
- Names & denominations
- TYREMASTERS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 August 2009
- Peppol
- Active · Active since 2 Oct 2025
- Contact
- tyremasters.be
- Activities · NACE
Detailhandel in onderdelen en accessoires van motorvoertuigen