Financials
Financial year 2025
Worth noting
- Little cash and receivables against the short-term debts.
Revenue
€ 37 million
▼ 57% vs 2024
Profit
Caution€ -531,798
▼ 126% vs 2024
Debts
High€ 23.3 million
▲ 59% vs 2024
Ssangyong Motors Middle Europe from Mechelen, company number BE0829189355, closed financial year 2025 with a result of € -531,798 after tax. For that financial year Ssangyong Motors Middle Europe recorded revenue of € 37 million and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 2 million to € -531,798. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
What happened at Ssangyong Motors Middle Europe?
What happened at Ssangyong Motors Middle Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 531,798 (▼ 126% vs 2024). Source: NBB ↗
- Astara Western Europe NV stepped down as director. NBB
- Astara Western Europe NV became a director. NBB
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.2 million profit in 2021 to € 531,798 loss in 2025.
Paid € 1.2 million in corporate taxes since 2021.
Best year ever: 2021, with € 3.2 million profit.
Paid out € 9.6 million in dividends to the owners in total.
A new publication or filing at Ssangyong Motors Middle Europe? We notify you, reason included.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
It owns 100% of SSANGYONG MOTORS NEDERLAND B.V. and 100% of ASTARA MOBILITY DEUTSCHLAND GMBH itself.
Directors
According to the 2025 annual accounts
Director · represented by Olivier Sermeus
since 2023 · until 2026
Establishments
Establishment units
Physical locations of this company
Bedrijvenlaan 4
2800 Mechelen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
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€ 430.8 million revenue · 2025
Astara Financial Products
€ 1 million revenue · 2025
SUZUKI BELGIUM
€ 94 million revenue · 2025
Maxomotive
€ 201.9 million revenue · 2025
Astara Western Europe same network
€ 30.6 million revenue · 2025
+2 more
Details
- Company number
- 0829.189.355
- VAT number
- BE 0829.189.355
- Registered office
- Bedrijvenlaan 4, 2800 Mechelen
- Names & denominations
- Ssangyong Motors Middle Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 September 2010
- Peppol
- Active · Active since 24 Nov 2025
- Activities · NACE
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling in de groothandel in andere specifieke goederen
Vervaardiging van carrosserieën voor motorvoertuigen
Groothandel in delen en toebehoren van motorvoertuigen
Activiteiten van reclamebureaus
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)
Handelsbemiddeling en groothandel in onderdelen en accessoires van motorvoertuigen