ACTIVE

TER STEENE

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Financial year 2025 · closed on 31/12/2025

Net result

163,6 k €

+1401.4% YoY

Revenue

15,5 M €

-18.1% YoY

Equity

2,9 M €

+27.4% YoY

Workforce

9,7 ETP

-38.2% YoY

What does TER STEENE do?

TER STEENE is a Public limited company incorporated in 1988. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Oostende. It employs on average 9,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0434.618.891

Incorporation

15/06/1988

Legal form

Public limited company

Registered office

Torhoutsesteenweg 704
8400 Oostende · FlandreSee on map

Contributed capital

531 000,00 €

Latest accounts

31/12/2025

Average workforce

9,7 ETP

Activities (NACE)

45113Sale of cars and light motor vehicles· main 47811Retail sale via stalls and markets of food, beverages and tobacco products 50103Sea and coastal passenger water transport 45201Maintenance and repair of motor vehicles 50200Sea and coastal freight water transport 95311Repair of computers and personal and household goods

Joint committees (6)

112
11201
200
20000
2000011201
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	15,5 M €	-18.1%	18,9 M €	+16.5%	16,2 M €	+118%	7,5 M €	-17.0%	9 M €	-31.8%	13,2 M €	+18.0%	11,2 M €	-4.1%	11,7 M €	-1.2%	11,8 M €	+3.7%	11,4 M €	+10.6%	10,3 M €	+16.3%	8,8 M €	+18.9%	7,4 M €	+3.5%	7,2 M €		–		–		–		–
EBITDA	407,8 k €	+13.1%	360,7 k €	-59.3%	885,6 k €	+1427%	58 k €	+45.5%	39,8 k €	-78.5%	185,3 k €	+37.6%	134,6 k €	-46.1%	249,8 k €	-15.1%	294,3 k €	+3.7%	283,7 k €	-12.0%	322,4 k €	+27.9%	252 k €	+20.6%	208,9 k €	+14.1%	183,1 k €	+12.8%	162,3 k €	-1.9%	165,5 k €	-43.6%	293,2 k €	-19.8%	365,7 k €
Operating result	310,4 k €	+64.4%	188,9 k €	-69.4%	617,2 k €	+990%	-69,4 k €	-133%	-29,8 k €	-444%	8,7 k €	+149%	-17,8 k €	-118%	100,5 k €	+5.4%	95,3 k €	+5.8%	90,1 k €	-49.7%	179,1 k €	+11.3%	160,9 k €	+17.2%	137,3 k €	+7.9%	127,3 k €	+248%	36,6 k €	+441%	-10,7 k €	-112%	91,4 k €	-63.3%	249 k €
Net result	163,6 k €	+1401%	-12,6 k €	-103%	389,2 k €	+351%	-154,9 k €	-13.6%	-136,3 k €	-48.2%	-92 k €	+13.9%	-106,9 k €	-14126%	762,1 €	-95.1%	15,5 k €	+23.6%	12,5 k €	-48.5%	24,3 k €	-70.1%	81,4 k €	-30.6%	117,2 k €	+51.6%	77,3 k €	+1089%	6,5 k €	+120%	-32 k €	-507%	7,9 k €	-95.3%	167,2 k €
Balance sheet
Equity	2,9 M €	+27.4%	2,3 M €	-0.5%	2,3 M €	+12.9%	2,1 M €	-7.0%	2,2 M €	-5.2%	2,3 M €	-3.8%	2,4 M €	+256%	680,4 k €	+0.1%	679,6 k €	+2.3%	664,1 k €	+1.9%	651,6 k €	+3.9%	627,3 k €	+14.9%	545,9 k €	+20.3%	453,7 k €	+20.5%	376,3 k €	+1.8%	369,8 k €	-8.0%	401,9 k €	+2.0%	394 k €
Total assets	3,6 M €	-56.4%	8,3 M €	-13.2%	9,5 M €	+28.6%	7,4 M €	+18.9%	6,2 M €	-35.0%	9,6 M €	+10.4%	8,7 M €	+22.0%	7,1 M €	+55.1%	4,6 M €	+9.6%	4,2 M €	+0.8%	4,2 M €	+45.5%	2,9 M €	+0.0%	2,9 M €	+47.5%	1,9 M €	-4.7%	2 M €	-20.2%	2,5 M €	-15.5%	3 M €	+79.4%	1,7 M €
Cash	28,4 k €	+179%	10,2 k €	-98.3%	607,7 k €	+201%	202,2 k €	-24.4%	267,3 k €	+202%	88,6 k €	-35.4%	137 k €	-10.9%	153,8 k €	-39.8%	255,6 k €	+650%	34,1 k €	-89.5%	326 k €	-12.8%	374 k €	+223%	115,8 k €	-44.7%	209,5 k €	-10.4%	233,8 k €	+689%	29,6 k €	-88.7%	261,5 k €	+1182%	20,4 k €
Debts	665,4 k €	-88.8%	5,9 M €	-15.5%	7 M €	+32.0%	5,3 M €	+34.9%	3,9 M €	-45.8%	7,3 M €	+15.9%	6,3 M €	-2.7%	6,4 M €	+64.7%	3,9 M €	+11.0%	3,5 M €	+0.6%	3,5 M €	+57.1%	2,2 M €	-2.7%	2,3 M €	+54.5%	1,5 M €	-10.5%	1,7 M €	-23.9%	2,2 M €	-16.7%	2,6 M €	+103%	1,3 M €
Other
Workforce	9,7 ETP	-38.2%	15,7 ETP	+15.4%	13,6 ETP	-0.7%	13,7 ETP	-11.0%	15,4 ETP	+4.1%	14,8 ETP	+28.7%	11,5 ETP	0.0%	11,5 ETP	-7.3%	12,4 ETP	0.0%	12,4 ETP	+11.7%	11,1 ETP	+6.7%	10,4 ETP	+7.2%	9,7 ETP	+9.0%	8,9 ETP	+34.8%	6,6 ETP	+10.0%	6,0 ETP	+13.2%	5,3 ETP	+17.8%	4,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

SPEGELAERE BRUGGE

Managing director · since 02 juillet 2025 · until 05 mai 2031 · 0478.912.754

Represented by Filip Spegelaere

Active

SPEGELAERE MANAGEMENT

Managing director · since 02 juillet 2025 · until 05 mai 2031 · 0871.111.666

Represented by Frederik Spegelaere

Active

Ended mandates

VERMEIRE CONSULTING

Director · since 29 mars 2021 · 0479.140.408

Represented by Francis Vermeire

Ended

Katty Bourgoignie

Director · since 30 juin 2017 · until 01 mai 2023

Ended

VERMEIRE CONSULTING

Managing director · since 30 juin 2017 · until 01 mai 2023 · 0479.140.408

Represented by Vermeire Francis

Ended

Katty Bourgoignie

Director · since 29 mars 2006

Ended

Annual accounts

Full financial information

	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	16/07/2026	15/05/2025	04/06/2024	16/05/2023	01/06/2022	02/06/2021
General meeting	04/05/2026	05/05/2025	06/05/2024	02/05/2023	02/05/2022	03/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	04/05/2026	16/07/2026	Dutch	PDF
Full model	31/12/2024	05/05/2025	15/05/2025	Dutch	PDF
Full model	31/12/2023	06/05/2024	04/06/2024	Dutch	PDF
Full model	31/12/2022	02/05/2023	16/05/2023	Dutch	PDF
Full model	31/12/2021	02/05/2022	01/06/2022	Dutch	PDF
Full model	31/12/2020	03/05/2021	02/06/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	29/07/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	22/07/2019	Dutch	PDF
Full model	31/12/2017	30/06/2018	25/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	13/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	18/07/2016	Dutch	PDF
Full model	31/12/2014	22/06/2015	17/07/2015	Dutch	PDF
Full model	31/12/2013	16/06/2014	15/07/2014	Dutch	PDF
Full model	31/12/2012	14/06/2013	05/07/2013	Dutch	PDF
Full model	31/12/2011	20/06/2012	16/07/2012	Dutch	PDF
Full model	31/12/2010	15/06/2011	14/07/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	06/07/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	07/07/2009	Dutch	PDF
Abridged model	31/12/2007	05/05/2008	30/05/2008	Dutch	PDF
Abridged model	31/12/2006	25/06/2007	18/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 12 ended

Active mandates

SPEGELAERE BRUGGE

Managing director · since 02 juillet 2025 · until 05 mai 2031 · 0478.912.754

Represented by Filip Spegelaere

Active

SPEGELAERE MANAGEMENT

Managing director · since 02 juillet 2025 · until 05 mai 2031 · 0871.111.666

Represented by Frederik Spegelaere

Active

Ended mandates

VERMEIRE CONSULTING

Director · since 29 mars 2021 · 0479.140.408

Represented by Francis Vermeire

Ended

Katty Bourgoignie

Director · since 30 juin 2017 · until 01 mai 2023

Ended

VERMEIRE CONSULTING

Managing director · since 30 juin 2017 · until 01 mai 2023 · 0479.140.408

Represented by Vermeire Francis

Ended

Katty Bourgoignie

Director · since 29 mars 2006

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares30/06/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN
PDF
Mandates24/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/04/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/11/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/09/2015
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025163,6 k €↑
2024
Annual accounts 2024-12,6 k €↓
2023
Annual accounts 2023389,2 k €↑
2022
Annual accounts 2022-154,9 k €↓
2021
Annual accounts 2021-136,3 k €↓
2018
Annual accounts 2018-92 k €↑
2017
Annual accounts 2017-106,9 k €↓
2016
Annual accounts 2016762,1 €↓
2015
Annual accounts 201515,5 k €↑
2014
Annual accounts 201412,5 k €↓
2013
Annual accounts 201324,3 k €↓
2012
Annual accounts 201281,4 k €↓
2011
Annual accounts 2011117,2 k €↑
2010
Annual accounts 201077,3 k €↑
2009
Annual accounts 20096,5 k €↑
2008
Annual accounts 2008-32 k €↓
2007
Annual accounts 20077,9 k €↓
2006
Annual accounts 2006167,2 k €
15/06/1988
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

TER STEENE

Overview

What does TER STEENE do?

Trend over 18 financial years

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