NORMAL SITUATION

CITY MOTORS GROEP

Company — Normal situation.

Financial year 2024 · Closed on 31/12/2024

Net result117,5 k €+10,3 %over 1 year
Gross margin444,1 k €+2,1 %over 1 year
Equity1,5 M €+8,4 %over 1 year

Identity

Source · BCE/KBO

CITY MOTORS GROEP is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0458.435.361
Legal form
Public limited company
Contributed capital
345 000,00 €
Latest accounts
31/12/2024
Joint committees (1)
  • 112
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA

Financials

Source · NBB, 27 filings

Trend over 15 financial years

20242023202220212020
Income statement
Gross margin444,1 k €434,9 k €357,7 k €440,8 k €73,2 k €
EBITDA403,4 k €395,8 k €321,8 k €404,3 k €44,3 k €
Operating result130 k €122,4 k €49,2 k €100,2 k €-36,1 k €
Net result117,5 k €106,5 k €30,4 k €71,2 k €-57,7 k €
Balance sheet
Equity1,5 M €1,4 M €1,3 M €1,3 M €1,2 M €
Total assets2,7 M €3 M €3,2 M €3,4 M €2,5 M €
Cash63,2 k €55 k €39,8 k €48,6 k €23,7 k €
Debts1,2 M €1,6 M €1,9 M €2,2 M €1,3 M €
Other
Workforce–––––

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 5 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Antigoon Engineering0726.835.648Represented by Ruben Van Weert
Director29/10/2020 → 29/10/2026
Jurgen Van Weert
Director29/10/2020 → 29/10/2026
Luc Van Weert
Managing director29/10/2020 → 29/10/2026Director29/10/2020 → 29/10/2026ended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Melanie Hamel
Director29/01/2018 → 15/03/2023
Serge Hannecart
Managing director29/01/2018 → 15/03/2023

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/10/202001/10/201901/10/2018
Closing of the financial year31/12/202431/12/202331/12/202231/12/202130/09/202030/09/2019
Length of the financial year12 months12 months12 months15 months12 months12 months
Filing date10/03/202503/07/202421/06/202327/06/202202/04/202112/04/2020
General meeting24/02/202515/06/202415/06/202315/06/202231/03/202110/02/2020
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, 27 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202424/02/202510/03/2025DutchPDF
Abridged model31/12/202315/06/202403/07/2024DutchPDF
Abridged model31/12/202215/06/202321/06/2023DutchPDF
Abridged model31/12/202115/06/202227/06/2022DutchPDF
Abridged model30/09/202031/03/202102/04/2021DutchPDF
Abridged model30/09/201910/02/202012/04/2020DutchPDF
Abridged model30/09/201815/03/201930/04/2019DutchPDF
Micro model30/09/201722/01/201822/03/2018DutchPDF
Abridged model30/09/201615/03/201704/05/2017DutchPDF
Abridged model30/09/201515/03/201630/05/2016DutchPDF
Abridged model30/09/201416/03/201513/01/2016DutchPDF
Abridged model30/09/201315/03/201430/04/2014DutchPDF
Abridged model30/09/201229/03/201323/04/2013DutchPDF
Full model30/09/201115/03/201208/06/2012DutchPDF
Full model30/09/201015/03/201103/05/2011DutchPDF
Full model30/09/200912/03/201017/03/2010DutchPDF
Full model30/09/200813/03/200919/03/2009DutchPDF
Full model30/09/200715/03/200820/03/2008DutchPDF
Full model30/09/200615/03/200727/03/2007DutchPDF
Full model30/09/200515/03/200622/03/2006DutchPDF
Full model30/09/200415/03/200507/04/2005DutchPDF
Abridged model30/09/200315/03/200430/03/2004DutchPDF
Abridged model31/12/200115/06/200217/06/2002DutchPDF
Abridged model31/12/200015/06/200119/06/2001DutchPDF
Abridged model31/12/199915/06/200029/06/2000DutchPDF
Abridged model31/12/199815/06/199918/06/1999DutchPDF
Abridged model31/12/199715/06/199823/06/1998Dutch—

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.

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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 31/12/2024

3 active · 5 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Antigoon Engineering0726.835.648Represented by Ruben Van Weert
Director29/10/2020 → 29/10/2026
Jurgen Van Weert
Director29/10/2020 → 29/10/2026
Luc Van Weert
Managing director29/10/2020 → 29/10/2026Director29/10/2020 → 29/10/2026ended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Melanie Hamel
Director29/01/2018 → 15/03/2023
Serge Hannecart
Managing director29/01/2018 → 15/03/2023

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring22/08/2025
    FUSIE DOOR OVERNAME MET VEREENVOUDIGDE PROCEDURE —
    PDF
  • Restructuring21/03/2025
    Fusievoorstel
    PDF
  • Other05/10/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates26/11/2020
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/07/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates16/02/2018
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/05/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring08/01/2015
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    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
Identity
Name
Registered office
Annual accounts
Filings15 filings
Mandates
Antigoon Engineering
Jurgen Van Weert
Luc Van Weert
Serge Hannecart
Melanie Hamel
Thomas Coosemans
Alfa Car Rent
Robert Coosemans
200920102011201220132014201520162017201820192020202120222023202420252026
City Motors Groep
Hessenplein 27 bte 303, 2000 Antwerp
Director
Director
Managing directorDirector
Managing director
Director
Director
Director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Hessenplein 27 bte 303, 2000 Antwerp
accounts 2021 → 2024
Accounts 2024 · 2025-00045545

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
City Motors Groep
accounts 2021 → 2024
Accounts 2024 · 2025-00045545

Events

  1. 2024
    Annual accounts 2024117,5 k €↑
  2. 2023
    Annual accounts 2023106,5 k €↑
  3. 2022
    Annual accounts 202230,4 k €↓
  4. 2021
    Annual accounts 202171,2 k €↑
  5. 2020
    Annual accounts 2020-57,7 k €↓
  6. 2019
    Annual accounts 2019-28,9 k €↓
  7. 2018
    Annual accounts 2018-9,2 k €↑
  8. 2017
    Annual accounts 2017-103,5 k €↓
  9. 2016
    Annual accounts 20165,6 k €↓
  10. 2015
    Annual accounts 201519,2 k €↓
  11. 2014
    Annual accounts 2014846,8 k €↑
  12. 2013
    Annual accounts 2013-41,1 k €↑
  13. 2012
    Annual accounts 2012-142,9 k €↑
  14. 2011
    Annual accounts 2011-817,7 k €↓
  15. 2010
    Annual accounts 2010-675,1 k €