ACTIVE

TOP MOTORS TIELT

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Financial year 2025 · Closed on 31/12/2025

Net result100 k €-70,6 %over 1 year

Revenue27,1 M €-2,2 %over 1 year

Equity1,7 M €+3,1 %over 1 year

Workforce22,0 ETP+0,9 %over 1 year

Identity

Source · BCE/KBO

TOP MOTORS TIELT is a Public limited company incorporated in 2003. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Tielt. It employs on average 22,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0860.856.192
Incorporation: 03/10/2003
Legal form: Public limited company
Registered office: Lammersakker 17
8700 Tielt · FlandreSee on map
Contributed capital: 61 500,00 €
Latest accounts: 31/12/2025
Average workforce: 22,0 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 50200Sea and coastal freight water transport 45201Maintenance and repair of motor vehicles 50103Sea and coastal passenger water transport+1

Joint committees (3)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	27,1 M €	-2.2%	27,8 M €	-20.0%	34,7 M €	+50.9%	23 M €	-6.3%	24,6 M €
EBITDA	390,5 k €	-43.2%	686,9 k €	+11.0%	618,7 k €	-62.6%	1,7 M €	+4.1%	1,6 M €
Operating result	346,1 k €	-46.1%	641,7 k €	+9.0%	588,6 k €	-62.3%	1,6 M €	+9.4%	1,4 M €
Net result	100 k €	-70.6%	340,5 k €	+2.3%	332,7 k €	-72.7%	1,2 M €	+6.9%	1,1 M €
Balance sheet
Equity	1,7 M €	+3.1%	1,6 M €	+2.6%	1,6 M €	+5.5%	1,5 M €	-80.1%	7,5 M €
Total assets	8,9 M €	-0.9%	9 M €	+15.9%	7,8 M €	-14.4%	9,1 M €	-9.3%	10 M €
Cash	1 M €	+200%	348,2 k €	-59.5%	858,9 k €	-74.7%	3,4 M €	+21.3%	2,8 M €
Debts	6,7 M €	-2.8%	6,9 M €	+17.0%	5,9 M €	-21.9%	7,6 M €	+206%	2,5 M €
Other
Workforce	22,0 ETP	+0.9%	21,8 ETP	+1.9%	21,4 ETP	+15.1%	18,6 ETP	-4.6%	19,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 10 ended

Active mandates

HABOMAN

Director · since 31 mars 2023 · until 04 juin 2029 · 0842.540.911

Represented by Hans BOELS

Active

TOP MOTORS INVEST

Managing director · since 31 mars 2023 · until 04 juin 2029 · 0436.321.143

Represented by Louis VANDERSTICHELE

Active

VARACO

Managing director · since 31 mars 2023 · until 04 juin 2029 · 0831.575.753

Represented by Thomas VANDERSTICHELE

Active

Ended mandates

Lucas Boterdaele

Director · since 01 juin 2017

Ended

MICCAS

Managing director · since 31 mars 2015 · 0606.994.029

Represented by Mieke Huys

Ended

MICCAS

Managing director · since 31 mars 2015 · 0606.994.029

Represented by Mieke Huys

Ended

Michiel Boterdaele

Director · since 31 mars 2015

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	16/07/2026	14/07/2025	30/07/2024	28/03/2023	29/06/2022	28/06/2021
General meeting	01/06/2026	30/06/2025	28/06/2024	28/03/2023	07/06/2022	07/06/2021
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

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	01/06/2026	16/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	14/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	30/07/2024	Dutch	PDF
Full model	31/12/2022	28/03/2023	28/03/2023	Dutch	PDF
Full model	31/12/2021	07/06/2022	29/06/2022	Dutch	PDF
Full model	31/12/2020	07/06/2021	28/06/2021	Dutch	PDF
Full model	31/12/2019	02/06/2020	24/06/2020	Dutch	PDF
Full model	31/12/2018	03/06/2019	17/06/2019	Dutch	PDF
Full model	31/12/2017	04/06/2018	11/06/2018	Dutch	PDF
Full model	31/12/2016	06/06/2017	23/06/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	22/06/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	27/06/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	25/06/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	22/06/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	19/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	26/06/2010	Dutch	PDF
Abridged model	31/12/2008	01/06/2009	24/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	24/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	20/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

3 active · 10 ended

Active mandates

HABOMAN

Director · since 31 mars 2023 · until 04 juin 2029 · 0842.540.911

Represented by Hans BOELS

Active

TOP MOTORS INVEST

Managing director · since 31 mars 2023 · until 04 juin 2029 · 0436.321.143

Represented by Louis VANDERSTICHELE

Active

VARACO

Managing director · since 31 mars 2023 · until 04 juin 2029 · 0831.575.753

Represented by Thomas VANDERSTICHELE

Active

Ended mandates

Lucas Boterdaele

Director · since 01 juin 2017

Ended

MICCAS

Managing director · since 31 mars 2015 · 0606.994.029

Represented by Mieke Huys

Ended

MICCAS

Managing director · since 31 mars 2015 · 0606.994.029

Represented by Mieke Huys

Ended

Michiel Boterdaele

Director · since 31 mars 2015

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other09/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - DIVERSEN - DOEL
PDF
Mandates20/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring19/04/2023
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring07/02/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates04/02/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/06/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/05/2015
ONTSLAGEN - BENOEMINGEN
PDF

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

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Timeline

2025
Annual accounts 2025100 k €↓
2024
Annual accounts 2024340,5 k €↑
2023
Annual accounts 2023332,7 k €↓
2023
Name changeTop Motors Tielt
2022
Annual accounts 20221,2 M €↑
2021
Annual accounts 20211,1 M €↑
2020
Annual accounts 2020921,1 k €↓
2019
Annual accounts 2019935,1 k €↑
2018
Annual accounts 2018812,8 k €↓
2017
Annual accounts 2017817,1 k €↓
2016
Annual accounts 20161,1 M €↑
2015
Annual accounts 2015798,1 k €↑
2014
Annual accounts 2014576,5 k €↓
2013
Annual accounts 2013769,3 k €↓
2012
Annual accounts 2012884,1 k €↓
2011
Annual accounts 2011906,1 k €↑
2010
Annual accounts 2010756,7 k €↑
2009
Annual accounts 2009626,2 k €↓
2008
Annual accounts 2008641,7 k €↑
2007
Annual accounts 2007640,8 k €↑
2006
Annual accounts 2006325,5 k €
2006
Name changeGARAGE DECANCQ
03/10/2003
IncorporationPublic limited company

TOP MOTORS TIELT

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