ACTIVE

OPENLANE Belgium

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Financial year 2025 · Closed on 31/12/2025

Net result2,6 M €-10,3 %over 1 year
Revenue32,3 M €-5,0 %over 1 year
Equity12,8 M €+25,1 %over 1 year
Workforce30,1 ETP-5,0 %over 1 year

Identity

Source · BCE/KBO

OPENLANE Belgium is a Public limited company incorporated in 2008. Its main activity is: Sale of cars and light motor vehicles. Its registered office is in Tienen. It employs on average 30,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0895.976.429
Incorporation
25/02/2008
Legal form
Public limited company
Registered office
Grijpenlaan 19 box A
3300 Tienen · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
30,1 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 17 filings

Trend over 12 financial years

20252024202320222021
Income statement
Revenue32,3 M €34 M €31,3 M €30,4 M €26,4 M €
EBITDA3,5 M €3,7 M €3,8 M €3 M €3,4 M €
Operating result3,1 M €3,5 M €3,6 M €2,8 M €3,2 M €
Net result2,6 M €2,9 M €3 M €2,2 M €2,4 M €
Balance sheet
Equity12,8 M €10,2 M €7,3 M €10,8 M €8,7 M €
Total assets15 M €13,1 M €9,7 M €12,8 M €10,5 M €
Cash352,2 €10,7 k €0,7 €13,2 k €29 k €
Debts2,2 M €2,9 M €2,3 M €2 M €1,9 M €
Other
Workforce30,1 ETP31,7 ETP31,1 ETP30,4 ETP31,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 12 ended

Active mandates

Bradley Powell Herring

Director · since 27 mai 2025 · until 17 mai 2030

Active
Brad Lakhia

Director · since 31 juillet 2024 · until 01 mars 2025

Active
Dunboyne Consulting BV

Director · since 20 novembre 2023

Represented by Grainne van Berkum

Active
AJR Finance

Director · since 31 mai 2023 · until 18 mai 2029 · 0549.953.772

Represented by Peter Suy

Active
Peter Kelly

Director · since 30 novembre 2022 · until 21 mai 2027

Active

Ended mandates

Sriram Subrahmanyam

Director · since 30 novembre 2022 · until 31 juillet 2024

Ended
Sriram Subrahmanyam

Director · since 30 novembre 2022 · until 21 mai 2027

Ended
Ypsilon Management Services

Director · since 01 juillet 2020 · until 31 mai 2023 · 0895.971.380

Represented by Johan Meyssen

Ended
Ypsilon Management Services

Director · since 01 juillet 2020 · until 17 mai 2024 · 0895.971.380

Represented by Johan Meyssen

Ended

Other companies at this address

Grijpenlaan 19 3300 Tienen
CompanyCBE no.
CAFIDI● Active
0786.493.123
CAFIMO● Active
0534.720.418
CARCONNEX● Active
0860.353.277
CarVATT● Active
1027.209.313
OPENLANE Europe● Active
0867.129.223
STELIMO● Active
0882.120.671
Stockcoach Automotive Marketplace● Active
1014.601.291
VATT● Active
0890.814.742

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 date09/06/202608/07/202511/06/202425/05/202323/06/202209/07/2021
General meeting29/05/202616/05/202517/05/202419/05/202320/05/202221/05/2021
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, 17 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/05/202609/06/2026DutchPDF
Full model31/12/202416/05/202508/07/2025DutchPDF
Full model31/12/202317/05/202411/06/2024DutchPDF
Full model31/12/202219/05/202325/05/2023DutchPDF
Full model31/12/202120/05/202223/06/2022DutchPDF
Full model31/12/202021/05/202109/07/2021DutchPDF
Full model31/12/201930/06/202031/08/2020DutchPDF
Full model31/12/201824/05/201907/08/2019DutchPDF
Abridged model31/12/201718/05/201815/06/2018DutchPDF
Abridged model31/12/201619/05/201716/06/2017DutchPDF
Abridged model31/12/201520/05/201622/06/2016DutchPDF
Abridged model31/12/201415/05/201503/06/2015DutchPDF
Abridged model31/12/201316/05/201411/06/2014DutchPDF
Abridged model31/12/201217/05/201313/06/2013DutchPDF
Abridged model31/12/201118/05/201224/05/2012DutchPDF
Abridged model31/12/201020/05/201127/07/2011DutchPDF
Abridged model31/12/200921/05/201030/07/2010DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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

5 active · 12 ended

Active mandates

Bradley Powell Herring

Director · since 27 mai 2025 · until 17 mai 2030

Active
Brad Lakhia

Director · since 31 juillet 2024 · until 01 mars 2025

Active
Dunboyne Consulting BV

Director · since 20 novembre 2023

Represented by Grainne van Berkum

Active
AJR Finance

Director · since 31 mai 2023 · until 18 mai 2029 · 0549.953.772

Represented by Peter Suy

Active
Peter Kelly

Director · since 30 novembre 2022 · until 21 mai 2027

Active

Ended mandates

Sriram Subrahmanyam

Director · since 30 novembre 2022 · until 31 juillet 2024

Ended
Sriram Subrahmanyam

Director · since 30 novembre 2022 · until 21 mai 2027

Ended
Ypsilon Management Services

Director · since 01 juillet 2020 · until 31 mai 2023 · 0895.971.380

Represented by Johan Meyssen

Ended
Ypsilon Management Services

Director · since 01 juillet 2020 · until 17 mai 2024 · 0895.971.380

Represented by Johan Meyssen

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates24/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/11/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/11/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/06/2021
    ONTSLAGEN - BENOEMINGEN
    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 20252,6 M €↓
  2. 2024
    Annual accounts 20242,9 M €↓
  3. 2023
    Annual accounts 20233 M €↑
  4. 2023
    Name changeOPENLANE Belgium NV
  5. 2022
    Annual accounts 20222,2 M €↓
  6. 2021
    Annual accounts 20212,4 M €↑
  7. 2021
    Name changeADESA Belgium NV
  8. 2016
    Annual accounts 20161,2 M €↑
  9. 2015
    Annual accounts 2015884 k €↑
  10. 2014
    Annual accounts 2014879,2 k €↑
  11. 2013
    Annual accounts 2013763,2 k €↓
  12. 2012
    Annual accounts 20121,5 M €↑
  13. 2011
    Annual accounts 20111,2 M €↑
  14. 2010
    Annual accounts 2010243,6 k €
  15. 25/02/2008
    IncorporationPublic limited company