ACTIVE

TH Trucks Gent

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Financial year 2025 · Closed on 31/12/2025

Net result
1,2 M €
+6,4 %over 1 year
Revenue
17,8 M €
-13,5 %over 1 year
Equity
1,7 M €
+8,7 %over 1 year
Workforce
31,8 ETP
+6,4 %over 1 year

Identity

Source · BCE/KBO

TH Trucks Gent is a Public limited company incorporated in 2004. Its main activity is: Sale of other motor vehicles. Its registered office is in Hooglede. It employs on average 31,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0870.732.970
Incorporation
22/12/2004
Legal form
Public limited company
Registered office
Bruggesteenweg 249
8830 Hooglede · FlandreSee on map
Contributed capital
250 000,00 €
Latest accounts
31/12/2025
Average workforce
31,8 ETP
Joint committees (3)
  • 112
  • 200
  • 218
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue17,8 M €20,6 M €27,5 M €17,9 M €13 M €
EBITDA1,7 M €1,4 M €1,7 M €1,3 M €1 M €
Operating result1,7 M €1,8 M €912,6 k €744 k €796,8 k €
Net result1,2 M €1,2 M €376,4 k €470,6 k €560,4 k €
Balance sheet
Equity1,7 M €1,6 M €1,2 M €1,2 M €1,2 M €
Total assets7,7 M €5,4 M €12,4 M €10,1 M €5,8 M €
Cash33,6 k €39,7 k €29,8 k €272,1 k €19,3 k €
Debts5,5 M €3,5 M €10,7 M €8,1 M €3,9 M €
Other
Workforce31,8 ETP29,9 ETP29,2 ETP27,2 ETP24,8 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 · 38 ended

Active mandates

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
Tom Bamelis

Director · since 11 juillet 2024 · until 31 mai 2030

Active
TURBO'S HOET GROUP

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

Represented by Inge Hoet

Active

Ended mandates

Bart Dobbels

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

Ended
Piet Wauters

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

Ended
Tom Bamelis

Director · since 09 juin 2023 · until 05 juin 2029

Ended
TURBO'S HOET GROUP

Director · since 09 juin 2023 · until 05 juin 2029 · 0881.774.936

Represented by Inge Hoet

Ended

Other companies at this address

Bruggesteenweg 249 8830 Hooglede
CompanyCBE no.
GREENSTYLE● Active
0836.507.214
HOET TRUCKING & RENTING● Active
0430.529.946
IMMO SPILLIER● Active
0870.819.280
TH Insurance● Active
0780.999.458
TH Trucks Belux● Active
0405.217.203
TH Trucks Brugge● Active
0464.294.161
TH Trucks Brussel● Active
0469.154.257
TH Trucks Ieper● Active
0467.062.324
TH Trucks Immo● Active
0833.637.301
TURBO'S HOET BELGIUM● Active
0440.614.679
TURBO'S HOET GROUP● Active
0881.774.936
TURBO'S HOET GROUP FINANCE● Active
0881.844.420
TURBO'S HOET RUSSIA● Active
0883.293.480

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/06/202624/06/202518/06/202403/07/202320/06/202222/06/2021
General meeting01/06/202606/06/202504/06/202409/06/202303/06/202201/06/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202501/06/202622/06/2026DutchPDF
Full modelCorrection31/12/202406/06/202524/06/2025DutchPDF
Full model31/12/202406/06/202519/06/2025DutchPDF
Full model31/12/202304/06/202418/06/2024DutchPDF
Full model31/12/202209/06/202303/07/2023DutchPDF
Full model31/12/202103/06/202220/06/2022DutchPDF
Full model31/12/202001/06/202122/06/2021DutchPDF
Full model31/12/201901/06/202018/06/2020DutchPDF
Full model31/12/201829/05/201924/06/2019DutchPDF
Full model31/12/201725/05/201819/06/2018DutchPDF
Full model31/12/201602/06/201729/06/2017DutchPDF
Full model31/12/201528/04/201601/06/2016DutchPDF
Full model31/12/201429/04/201526/05/2015DutchPDF
Full model31/12/201327/05/201419/06/2014DutchPDF
Full model31/12/201229/05/201326/06/2013DutchPDF
Full model31/12/201122/05/201211/06/2012DutchPDF
Full model31/12/201015/06/201130/06/2011DutchPDF
Full model31/12/200915/05/201006/08/2010DutchPDF
Full model31/12/200816/05/200927/08/2009DutchPDF
Full model31/12/200717/05/200808/07/2008DutchPDF
Full model31/12/200619/05/200725/07/2007DutchPDF

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 · 38 ended

Active mandates

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
Tom Bamelis

Director · since 11 juillet 2024 · until 31 mai 2030

Active
TURBO'S HOET GROUP

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

Represented by Inge Hoet

Active

Ended mandates

Bart Dobbels

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

Ended
Piet Wauters

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

Ended
Tom Bamelis

Director · since 09 juin 2023 · until 05 juin 2029

Ended
TURBO'S HOET GROUP

Director · since 09 juin 2023 · until 05 juin 2029 · 0881.774.936

Represented by Inge Hoet

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates16/08/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DIVERSEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Mandates10/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/06/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/06/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/07/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/07/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office10/02/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office27/12/2013
    MAATSCHAPPELIJKE ZETEL
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,2 M €↑
  2. 2024
    Annual accounts 20241,2 M €↑
  3. 2024
    Name changeTH Trucks Gent NV
  4. 2023
    Annual accounts 2023376,4 k €↓
  5. 2022
    Annual accounts 2022470,6 k €↓
  6. 2021
    Annual accounts 2021560,4 k €↓
  7. 2020
    Annual accounts 2020574,4 k €↑
  8. 2019
    Annual accounts 2019360,5 k €↑
  9. 2018
    Annual accounts 201851,2 k €↑
  10. 2017
    Annual accounts 201751,1 k €↓
  11. 2016
    Annual accounts 2016117,9 k €↓
  12. 2015
    Annual accounts 2015200,2 k €↑
  13. 2014
    Annual accounts 2014174,7 k €↓
  14. 2013
    Annual accounts 2013179,7 k €↑
  15. 2012
    Annual accounts 2012136,3 k €↓
  16. 2011
    Annual accounts 2011310,6 k €↑
  17. 2011
    Name changeTurbotrucks Gent NV
  18. 2010
    Annual accounts 2010-44,9 k €↓
  19. 2009
    Annual accounts 200943,2 k €↓
  20. 2008
    Annual accounts 2008115,6 k €↓
  21. 2007
    Annual accounts 2007283,2 k €↑
  22. 2006
    Annual accounts 2006138,7 k €
  23. 2006
    Name changeSPILLIER-DECOCK GENT
  24. 22/12/2004
    IncorporationPublic limited company