Financials
Financial year 2025
BAVARIA MOTORS from Harelbeke, company number BE0874268918, closed financial year 2025 with a result of € 554,401 after tax. For that financial year BAVARIA MOTORS recorded revenue of € 42 million and equity of € 4.2 million. Compared with financial year 2024, the result moved from € 105,119 to € 554,401. 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 May 30, 2026.
€ 4.2 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 554,401
▲ € 449,282 vs 2024
Profit after tax over the fiscal year.
€ 7,738
▼ 98% 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 € 4 million.
People and assets in 2025
4
Average over the fiscal year, from the social balance sheet.
€ 285,088
▲ 13% vs 2024
€ 71,300 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.
€ 57,280
▼ 48% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.5 million
▲ 7% vs 2024
€ 169,424 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 370,248
▼ 70% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 3 days on average.
€ 56,214
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 43,647,729 | € 50,047,852 | € 39,466,834 | € 42,013,661 | ▲ 6% |
| Profit after taxes | € 813,859 | € 697,123 | € 105,119 | € 554,401 | ▲ € 449,282 |
| Equity | € 2,995,627 | € 3,542,750 | € 3,647,869 | € 4,202,270 | ▲ 15% |
| Total debts | € 3,744,930 | € 3,147,114 | € 4,796,346 | € 4,836,982 | ▲ 1% |
| Cash | € 545,206 | € 199,127 | € 429,556 | € 7,738 | ▼ 98% |
| Land & buildings | € 1,104,518 | € 1,018,449 | € 985,515 | € 2,300,157 | ▲ 133% |
| Retained profit | € 2,833,127 | € 3,380,250 | € 3,485,369 | € 4,039,770 | ▲ 16% |
| Dividend | € 200,000 | € 150,000 | € 0 | € 0 | |
| Bank debt | € 2,241,484 | € 1,377,180 | € 3,277,572 | € 3,498,475 | ▲ 7% |
| Balance sheet total | € 6,745,878 | € 6,689,863 | € 8,444,215 | € 9,039,252 | ▲ 7% |
| Employees (FTE) | 5.3 | 4.1 | 4 | 4 |
Key figures of BAVARIA MOTORS, 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 May 2027.
What happened to BAVARIA MOTORS?
What happened at BAVARIA MOTORS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Delphine Staelens stepped down as director. NBB
- LINO PROJECT BV stepped down as director. NBB
- JRV BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 554,401 (▲ € 449,282 vs 2024). Source: NBB ↗
- JRV BV became a director. NBB
- Delphine Staelens became a director. NBB
- LINO PROJECT BV became a director. NBB
- New establishment in Harelbeke. KBO
In short
From € 813,859 profit in 2022 to € 554,401 profit in 2025.
Paid € 675,211 in corporate taxes since 2022.
Best year ever: 2022, with € 813,859 profit.
Paid out € 350,000 in dividends to the owners in total.
Management
The stake of JRV comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BAVARIA MOTORSThe shares are held by JRV (100%).
Directors
According to the 2025 annual accounts
since 2024 · until 2029
Director · represented by Gheysens Lieven
since 2024 · until 2029
since 2025 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 306
8530 Harelbeke
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
HETZNER-AS, DE
Website info
Features
Security
Details
- Company number
- 0874.268.918
- VAT number
- BE 0874.268.918
- Registered office
- Kortrijksesteenweg 306, 8530 Harelbeke
- Names & denominations
- BAVARIA MOTORS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 2005
- Peppol
- Active · Active since 10 Jun 2025
- Contact
- bavariamotors.be 056354001
- Activities · NACE
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Detailhandel 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
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
+3