ACTIVE

Keuringsbureau Motorvoertuigen

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Financial year 2025 · Closed on 31/12/2025

Net result1,4 M €-33,5 %over 1 year
Revenue45,8 M €+4,7 %over 1 year
Equity14,6 M €+10,8 %over 1 year
Workforce351,6 ETP+0,3 %over 1 year

Identity

Source · BCE/KBO

Keuringsbureau Motorvoertuigen is a Public limited company incorporated in 1953. Its main activity is: Technical testing and analysis. Its registered office is in Oostende. It employs on average 351,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0405.266.295
Incorporation
28/03/1953
Legal form
Public limited company
Registered office
Zandvoordestraat 442 box A
8400 Oostende · FlandreSee on map
Contributed capital
400 000,00 €
Latest accounts
31/12/2025
Average workforce
351,6 ETP
Joint committees (5)
  • 100
  • 10000
  • 200
  • 20000
  • 218
Signals
ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue45,8 M €43,8 M €43 M €38,3 M €35,7 M €
EBITDA4,1 M €4,4 M €3,8 M €3,5 M €3,3 M €
Operating result1,9 M €2,7 M €2,4 M €2 M €1,9 M €
Net result1,4 M €2,1 M €1,9 M €1,1 M €1,3 M €
Balance sheet
Equity14,6 M €13,1 M €11 M €9,7 M €9,2 M €
Total assets33,4 M €33,1 M €22 M €18,5 M €19,2 M €
Cash268,4 k €252,1 k €1,5 M €604,7 k €1 M €
Debts18,7 M €19,8 M €10,9 M €8,7 M €9,7 M €
Other
Workforce351,6 ETP350,4 ETP341,8 ETP332,2 ETP334,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 36 ended

Active mandates

Birger De Loof

Director · since 06 juin 2025

Active
Karelji

Director · since 06 juin 2025 · 1023.938.136

Represented by Karin VANDAMME

Active
Ignace Van Overbeke

Managing director · 0543.429.731

Represented by Ignace VAN OVERBEKE

Active
KAAF

Director · 1014.441.737

Represented by Marie VAN THILLO

Active
Karin Vandamme

Director · until 06 juin 2025

Active
Marie Van Thillo

Director · until 06 juin 2025

Active

Ended mandates

Karelji

Director · since 06 juin 2025 · 1023.938.136

Represented by Karin Vandamme

Ended
KAAF

Director · since 01 octobre 2024 · 1014.441.737

Represented by Marie (Begindatum van het mandaat: 17-04-2025) Van Thillo

Ended
Marie Van Thillo

Director · since 11 mai 2021

Ended
MANDATUS

Director · since 12 mai 2020 · until 10 mai 2022 · 0865.301.168

Represented by Joost Carron

Ended

Other companies at this address

Zandvoordestraat 442 8400 Oostende
CompanyCBE no.
RAES MOTOREN● Active
0758.796.554
RAES MOTOREN OOSTENDE● Active
0681.706.892

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/06/202603/07/202501/07/202411/05/202303/05/202202/06/2021
General meeting16/06/202616/06/202511/06/202408/05/202303/05/202211/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202516/06/202622/06/2026DutchPDF
Full model31/12/202416/06/202503/07/2025DutchPDF
Full model31/12/202311/06/202401/07/2024DutchPDF
Full model31/12/202208/05/202311/05/2023DutchPDF
Full model31/12/202103/05/202203/05/2022DutchPDF
Full model31/12/202011/05/202102/06/2021DutchPDF
Full model31/12/201912/05/202004/06/2020DutchPDF
Full model31/12/201807/05/201928/05/2019DutchPDF
Full model31/12/201708/05/201815/05/2018DutchPDF
Full model31/12/201616/05/201709/06/2017DutchPDF
Full model31/12/201518/05/201602/06/2016DutchPDF
Full model31/12/201412/05/201501/06/2015DutchPDF
Full model31/12/201312/05/201423/05/2014DutchPDF
Full model31/12/201213/05/201327/05/2013DutchPDF
Full model31/12/201108/05/201211/05/2012DutchPDF
Full model31/12/201017/05/201114/06/2011DutchPDF
Full model31/12/200911/05/201018/05/2010DutchPDF
Full model31/12/200812/05/200918/05/2009DutchPDF
Full model31/12/200713/05/200816/05/2008DutchPDF
Full model31/12/200608/05/200709/05/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 36 ended

Active mandates

Birger De Loof

Director · since 06 juin 2025

Active
Karelji

Director · since 06 juin 2025 · 1023.938.136

Represented by Karin VANDAMME

Active
Ignace Van Overbeke

Managing director · 0543.429.731

Represented by Ignace VAN OVERBEKE

Active
KAAF

Director · 1014.441.737

Represented by Marie VAN THILLO

Active
Karin Vandamme

Director · until 06 juin 2025

Active
Marie Van Thillo

Director · until 06 juin 2025

Active

Ended mandates

Karelji

Director · since 06 juin 2025 · 1023.938.136

Represented by Karin Vandamme

Ended
KAAF

Director · since 01 octobre 2024 · 1014.441.737

Represented by Marie (Begindatum van het mandaat: 17-04-2025) Van Thillo

Ended
Marie Van Thillo

Director · since 11 mai 2021

Ended
MANDATUS

Director · since 12 mai 2020 · until 10 mai 2022 · 0865.301.168

Represented by Joost Carron

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/07/2025
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates23/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/01/2024
    ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates01/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,4 M €↓
  2. 2024
    Annual accounts 20242,1 M €↑
  3. 2023
    Annual accounts 20231,9 M €↑
  4. 2022
    Annual accounts 20221,1 M €↓
  5. 2021
    Annual accounts 20211,3 M €↑
  6. 2018
    Annual accounts 2018963,2 k €↓
  7. 2017
    Annual accounts 20171,2 M €↑
  8. 2016
    Annual accounts 20161,1 M €↑
  9. 2015
    Annual accounts 2015900,1 k €↓
  10. 2014
    Annual accounts 20141,2 M €↓
  11. 2013
    Annual accounts 20131,6 M €↑
  12. 2012
    Annual accounts 20121,1 M €↑
  13. 2011
    Annual accounts 20111 M €↓
  14. 2010
    Annual accounts 20101,2 M €↑
  15. 2009
    Annual accounts 20091 M €↑
  16. 2008
    Annual accounts 2008804,1 k €↓
  17. 2007
    Annual accounts 2007842 k €
  18. 28/03/1953
    IncorporationPublic limited company