NORMAL SITUATION

BORNEM MOTORS NV

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Company — Normal situation.

Financial year 2023 · Closed on 31/12/2023

Net result2,4 k €+181,4 %over 1 year

Gross margin108,3 k €+20,3 %over 1 year

Equity284,8 k €+0,8 %over 1 year

Workforce1,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

BORNEM MOTORS NV is a company registered in Belgium. It employs on average 1,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0452.909.133
Legal form: Public limited company
Contributed capital: 174 000,00 €
Latest accounts: 31/12/2023
Average workforce: 1,0 ETP

Joint committees (2)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 29 filings

Trend over 18 financial years

	2023		2022		2021		2020		2019
Income statement
Gross margin	108,3 k €	+20.3%	90 k €	+27.2%	70,8 k €	+37.7%	51,4 k €	+10.0%	46,7 k €
EBITDA	48,5 k €	+25.7%	38,6 k €	-24.6%	51,2 k €	+36.0%	37,6 k €	+3.6%	36,3 k €
Operating result	12,2 k €	+68.3%	7,2 k €	-59.1%	17,7 k €	+219%	5,5 k €	+249%	1,6 k €
Net result	2,4 k €	+181%	843,7 €	-94.0%	14 k €	+866%	1,5 k €	+130%	-4,8 k €
Balance sheet
Equity	284,8 k €	+0.8%	282,5 k €	+0.3%	281,6 k €	+5.2%	267,6 k €	+0.5%	266,1 k €
Total assets	514,4 k €	-2.4%	526,9 k €	+2.8%	512,4 k €	-0.4%	514,6 k €	-9.2%	567 k €
Cash	36,6 k €	+91.9%	19,1 k €	-46.1%	35,4 k €	+311%	8,6 k €	-41.1%	14,6 k €
Debts	229,6 k €	-6.1%	244,5 k €	+5.9%	230,7 k €	-6.6%	247,1 k €	-17.9%	300,8 k €
Other
Workforce	1,0 ETP	0.0%	1,0 ETP	+150%	0,4 ETP		–		–

Board of directors

Source · NBB, accounts to 31/12/2023

2 active · 9 ended

Active mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Borremans0427.572.634Represented by FELIX BORREMANS	Director	· current	not linked
Felix BORREMANS	Managing director	· current	000

Ended mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Borremans0427.572.634Represented by FELIX BORREMANS	Director	29/09/2011 → 18/06/2016 · ended	not linked
Arthur BORREMANS	Managing director	until 29/09/2011 · ended	000
Arthur BORREMANS	Managing director	· ended	000
Borremans0427.572.634Represented by FELIX BORREMANS	Director	· ended	not linked

Full financial information

Source · NBB

	2023	2022	2021	2020	2019	2018
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/10/2024	29/09/2023	31/10/2022	31/08/2021	11/12/2020	31/10/2019
General meeting	30/06/2024	25/09/2023	29/09/2022	19/06/2021	07/09/2020	28/06/2019
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

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Annual accounts filings

Source · NBB, 29 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2023	30/06/2024	29/10/2024	Dutch	PDF
Abridged model	31/12/2022	25/09/2023	29/09/2023	Dutch	PDF
Abridged model	31/12/2021	29/09/2022	31/10/2022	Dutch	PDF
Abridged model	31/12/2020	19/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	07/09/2020	11/12/2020	Dutch	PDF
Abridged model	31/12/2018	28/06/2019	31/10/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	03/09/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	28/09/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	26/09/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	13/08/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	31/08/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	22/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	04/08/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	27/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	30/07/2007	Dutch	PDF
Abridged model	31/12/2005	30/06/2006	23/08/2006	Dutch	PDF
Abridged model	31/12/2004	18/06/2005	12/07/2005	Dutch	PDF
Abridged model	31/12/2003	19/06/2004	02/07/2004	Dutch	PDF
Abridged model	31/12/2002	30/06/2003	30/07/2003	Dutch	PDF
Abridged model	31/12/2001	28/06/2002	23/07/2002	Dutch	PDF
Abridged model	31/12/2000	30/06/2001	25/07/2001	Dutch	PDF
Abridged model	31/12/1999	17/06/2000	04/07/2000	Dutch	PDF
Abridged model	31/12/1998	19/06/1999	28/06/1999	Dutch	PDF
Abridged model	31/12/1997	20/06/1998	03/07/1998	Dutch	—
Abridged model	31/12/1996	21/06/1997	24/06/1997	Dutch	—
Abridged model	31/12/1995	15/06/1996	27/06/1996	Dutch	—

Indicative valuation

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 31/12/2023

2 active · 9 ended

Active mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Borremans0427.572.634Represented by FELIX BORREMANS	Director	· current	not linked
Felix BORREMANS	Managing director	· current	000

Ended mandates

Director	Function	Mandate	Other mandatescurrentendedstruck offbankruptcies
Borremans0427.572.634Represented by FELIX BORREMANS	Director	29/09/2011 → 18/06/2016 · ended	not linked
Arthur BORREMANS	Managing director	until 29/09/2011 · ended	000
Arthur BORREMANS	Managing director	· ended	000
Borremans0427.572.634Represented by FELIX BORREMANS	Director	· ended	not linked

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring28/05/2025
FUSIE DOOR OVERNAME — ALGEMENE VERGADERING VAN DE
PDF
Restructuring26/03/2025
FUSIEVOORSTEL
PDF
Mandates04/12/2024
Benoeming bestuurders
PDF
Mandates26/01/2017
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares14/02/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates21/12/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/08/2005
ONTSLAGEN - BENOEMINGEN
PDF
Registered office22/09/2004
MAATSCHAPPELIJKE ZETEL
PDF

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

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Timeline

Source · CBE, NBB annual accounts

Year

2010201520202025Today

Identity

Name

BORNEM MOTORS

Registered office

Rijksweg 55, 2880 Bornem

Annual accounts

Filings18 filings

Mandates

Borremans

Director

Arthur BORREMANS

Managing director

Patricia KERREMANS

Managing director

CurrentPlanned, not yet servedEndedAccounts filed

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rijksweg 55, 2880 Bornem	accounts 2021 → 2023	Accounts 2023 · 2024-00517140

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BORNEM MOTORS	accounts 2021 → 2023	Accounts 2023 · 2024-00517140

Events

2023
Annual accounts 20232,4 k €↑
2022
Annual accounts 2022843,7 €↓
2021
Annual accounts 202114 k €↑
2020
Annual accounts 20201,5 k €↑
2019
Annual accounts 2019-4,8 k €↓
2018
Annual accounts 2018-532,5 €↓
2017
Annual accounts 20173,4 k €↑
2016
Annual accounts 20161,4 k €↓
2015
Annual accounts 20153,2 k €↓
2014
Annual accounts 20145,5 k €↓
2013
Annual accounts 20138,3 k €↓
2012
Annual accounts 201211,4 k €↑
2011
Annual accounts 20119,7 k €↓
2010
Annual accounts 201010,6 k €↓
2009
Annual accounts 200919,6 k €↑
2008
Annual accounts 200813,8 k €↑
2007
Annual accounts 20077,2 k €↓
2006
Annual accounts 200613,5 k €

BORNEM MOTORS NV

Overview

Identity

Financials

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

Registered offices

Company names

Events