ACTIVE

TH Trucks Kortrijk

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result1,5 M €+559,6 %over 1 year

Revenue40,3 M €-17,2 %over 1 year

Equity4,1 M €+0,0 %over 1 year

Workforce71,4 ETP+5,2 %over 1 year

Identity

Source · BCE/KBO

TH Trucks Kortrijk is a Public limited company incorporated in 1975. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Harelbeke. It employs on average 71,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0415.621.343
Incorporation: 01/11/1975
Legal form: Public limited company
Registered office: Kortrijksesteenweg 295
8530 Harelbeke · FlandreSee on map
Contributed capital: 322 261,58 €
Latest accounts: 31/12/2025
Average workforce: 71,4 ETP

Activities (NACE)

45111Sale of cars and light motor vehicles· main 45191Sale of other motor vehicles 46711Wholesale of solid, liquid and gaseous fuels and related products 46712Wholesale of solid, liquid and gaseous fuels and related products 50101Sea and coastal passenger water transport 29100Manufacture of motor vehicles+11

Joint committees (3)

Signals

ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	40,3 M €	-17.2%	48,6 M €	-43.3%	85,8 M €	+38.2%	62,1 M €	+37.8%	45 M €
EBITDA	2,6 M €	+55.1%	1,7 M €	-1.5%	1,7 M €	+46.5%	1,2 M €	-0.9%	1,2 M €
Operating result	2,3 M €	+102%	1,2 M €	+10.4%	1 M €	+35.4%	775,2 k €	+16.8%	663,9 k €
Net result	1,5 M €	+560%	227,7 k €	+45.1%	156,9 k €	-64.3%	439 k €	+9.2%	402,2 k €
Balance sheet
Equity	4,1 M €	+0.0%	4,1 M €	+3.2%	3,9 M €	+4.2%	3,8 M €	+1.0%	3,7 M €
Total assets	16,5 M €	-11.4%	18,6 M €	-45.8%	34,4 M €	+39.0%	24,7 M €	+40.0%	17,7 M €
Cash	44,1 k €	-36.5%	69,4 k €	-89.9%	684,8 k €	-44.3%	1,2 M €	+2406%	49 k €
Debts	12,1 M €	-12.1%	13,7 M €	-53.5%	29,6 M €	+59.0%	18,6 M €	+54.9%	12 M €
Other
Workforce	71,4 ETP	+5.2%	67,9 ETP	+6.1%	64,0 ETP	-4.6%	67,1 ETP	-4.6%	70,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 51 ended

Active mandates

Alfir Hall Clifford BV

Managing director · since 11 juillet 2024 · until 31 mai 2030

Represented by Inge Hoet

Active

Bart Dobbels

Managing director · since 11 juillet 2024 · until 31 mai 2030

Active

Piet Wauters

Managing director · since 11 juillet 2024 · until 31 mai 2030

Active

Turbo's Hoet Group NV

Director · since 11 juillet 2024 · until 31 mai 2030

Represented by Tom BAMELIS

Active

Ended mandates

Alfir Investments BV

Managing director · since 11 juillet 2024 · until 31 mai 2030

Represented by Inge Hoet

Ended

TURBO'S HOET GROUP

Director · since 11 juillet 2024 · until 31 mai 2030 · 0881.774.936

Represented by Tom BAMELIS

Ended

Alfir Investments BV

Managing director · since 09 juin 2023 · until 05 juin 2029

Represented by Inge HOET

Ended

Bart DOBBELS

Managing director · since 09 juin 2023 · until 05 juin 2029

Ended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/06/2026	24/06/2025	17/06/2024	29/06/2023	17/06/2022	22/06/2021
General meeting	01/06/2026	06/06/2025	04/06/2024	09/06/2023	03/06/2022	01/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	01/06/2026	16/06/2026	Dutch	PDF
Full modelCorrection	31/12/2024	06/06/2025	24/06/2025	Dutch	PDF
Full model	31/12/2024	06/06/2025	19/06/2025	Dutch	PDF
Full model	31/12/2023	04/06/2024	17/06/2024	Dutch	PDF
Full model	31/12/2022	09/06/2023	29/06/2023	Dutch	PDF
Full model	31/12/2021	03/06/2022	17/06/2022	Dutch	PDF
Full model	31/12/2020	01/06/2021	22/06/2021	Dutch	PDF
Full model	31/12/2019	01/06/2020	18/06/2020	Dutch	PDF
Full model	31/12/2018	29/05/2019	18/06/2019	Dutch	PDF
Full model	31/12/2017	25/05/2018	15/06/2018	Dutch	PDF
Full model	31/12/2016	02/06/2017	29/06/2017	Dutch	PDF
Full model	31/12/2015	28/04/2016	31/05/2016	Dutch	PDF
Full model	31/12/2014	29/04/2015	28/05/2015	Dutch	PDF
Full model	31/12/2013	27/05/2014	19/06/2014	Dutch	PDF
Full model	31/12/2012	29/05/2013	26/06/2013	Dutch	PDF
Full model	31/12/2011	22/05/2012	12/06/2012	Dutch	PDF
Full model	31/12/2010	15/06/2011	11/07/2011	Dutch	PDF
Full model	31/12/2009	20/05/2010	30/08/2010	Dutch	PDF
Full model	31/12/2008	22/05/2009	03/09/2009	Dutch	PDF
Full model	31/12/2007	15/05/2008	07/07/2008	Dutch	PDF
Full model	31/12/2006	18/05/2007	20/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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

4 active · 51 ended

Active mandates

Alfir Hall Clifford BV

Managing director · since 11 juillet 2024 · until 31 mai 2030

Represented by Inge Hoet

Active

Bart Dobbels

Managing director · since 11 juillet 2024 · until 31 mai 2030

Active

Piet Wauters

Managing director · since 11 juillet 2024 · until 31 mai 2030

Active

Turbo's Hoet Group NV

Director · since 11 juillet 2024 · until 31 mai 2030

Represented by Tom BAMELIS

Active

Ended mandates

Alfir Investments BV

Managing director · since 11 juillet 2024 · until 31 mai 2030

Represented by Inge Hoet

Ended

TURBO'S HOET GROUP

Director · since 11 juillet 2024 · until 31 mai 2030 · 0881.774.936

Represented by Tom BAMELIS

Ended

Alfir Investments BV

Managing director · since 09 juin 2023 · until 05 juin 2029

Represented by Inge HOET

Ended

Bart DOBBELS

Managing director · since 09 juin 2023 · until 05 juin 2029

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates16/08/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates28/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/07/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/06/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/07/2016
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 20251,5 M €↑
2024
Annual accounts 2024227,7 k €↑
2024
Name changeTH Trucks Kortrijk
2023
Annual accounts 2023156,9 k €↓
2022
Annual accounts 2022439 k €↑
2021
Annual accounts 2021402,2 k €↓
2020
Annual accounts 2020451,7 k €↑
2019
Annual accounts 2019192,7 k €↑
2018
Annual accounts 2018111,3 k €↑
2017
Annual accounts 201750,9 k €↓
2016
Annual accounts 2016186,6 k €↓
2015
Annual accounts 20151,1 M €↑
2014
Annual accounts 2014352 k €↓
2013
Annual accounts 2013356 k €↓
2012
Annual accounts 2012358,7 k €↓
2011
Annual accounts 2011492,8 k €↑
2011
Name changeTurbotrucks Kortrijk NV
2010
Annual accounts 2010154 k €↓
2009
Annual accounts 2009330,3 k €↓
2008
Annual accounts 2008417,8 k €↓
2007
Annual accounts 2007791,7 k €↑
2006
Annual accounts 2006678,7 k €
2006
Name changeAutobedrijf J. Decock
01/11/1975
IncorporationPublic limited company

TH Trucks Kortrijk

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline