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Park Motors

Active Private limited companyfounded 2016active for 10 yearsSteenweg op Mol 24-28, 2300 TurnhoutKBO/BCE: BE 0653.708.833 subsidiary of DE MOBILITEITSMAKELAAR
Part of the group ERVA & C° 13 companies
See the group

Lifetime

9 annual accounts with figures on one time axis
peak €929,875 (2025)
€929,875▲ 18.3%
lowest -€131,576 (2025)
-€131,576▼ €212,366
peak €626,236 (2024)
€494,661▼ 21.0%
€10.0m▲ 6.4%
peak 0.7 FTE (2023)
0 FTE 
Board7 names since 2021
4 directorsDE MOBILITEITSMAKELAAR and 3 others
Owners2 names in the annual accounts
Documentsfilings and deeds
03-07-202628 days before the deadline
2025abbreviated format
Gross margin from €786,250 to €929,875Loss of €131,576Reappointment: Moore Audit BV (statutory auditor) 16-09Equity from €626,236 to €494,661Cash from €50,496 to €97,158

Key points

from the 2025 annual accounts

Result

-€131,576 -€131,576
€80,8002024-€132,0002025

From profit to loss in 2025, after a profit of €80,790 in 2024.

Debts

€10.0m 93% of the balance sheet
Financial debts 93%Suppliers 0%Other 6%

€8.2m of the debts are secured on the company's own assets. In 2022 that was €2.3m.

Filings

9 annual accounts since 2017
AprilJune31 JulyOctober20202025

The last five annual accounts were filed 12 to 31 days before the end of the period.

Checked score

92
Excellent
Financially stronger than 34% of medium-sized companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 1,721 companies (NACE 68, medium-sized).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.1%▼ -0.5 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Weak

30-1equity 4.6% of total assets
43-3short-term debt 22.4% · cash 0.9%
55-3return on assets -1.2%

Score breakdown

raises risk
Liquidity: current ratio 0.21, cash €97,158
Equity €494,661 (4.6% of total assets)
lowers risk
Size: total assets €10.8m
Figures for financial year 2025 (filed on 03-07-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, medium-sized). It does better than 22% of them on solvency, 36% on liquidity, 64% on profitability and 14% on growth.

The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 108 companies had the same profile as Park Motors has now. Each dot is one company, two years later.

93.5%
were still trading
5.6%
stopped another way
0.9%
went bankrupt
  • Medium-sized
  • 10 to 20 years old
  • solvency under 10%
  • a small loss

That fits the bankruptcy probability of Park Motors itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 108 companies, not a prediction for Park Motors. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €45,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.21 (0.2 in 2024), below 1. Short-term debt is 22.4% and cash 0.9% of total assets. 95.4% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €10.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.21, cash €97,158
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 03-07-2026)
NBB · annual accounts
raises risk · Equity €494,661 (4.6% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 11289 sector peers (2025).
NBB · sector comparison
Position among 11289 sector peers
Solvency
better than 23%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
28 days early
2024
29 days early
2023
29 days early
2022
31 days early
2021
12 days early
2020
31 days early
2019
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DM
Chair, Eric Baumers
FB
Daily manager
JV
Daily manager
EC
Director, since 30-12-2021
BM
Auditor, Katleen Segers

Shares in 2 companies, BOFAS and PARK MOTORS

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0653708833
Reappointment: Moore Audit BV (statutory auditor) General meeting of 24-06-2025 · Gazette deed
3 directors appointed Jelle Van de Gender (director), DE MOBILITEITSMAKELAAR (chair of the board and managing director) and Filip Boogaerts (day-to-day manager) · Gazette deed
Merger: Park Motors takes over BOFAS Company renamed from PVL IMMO to Park Motors · “Het aanleggen,het oordeelkundig uitbouwen en het beheren van een onroerend vermogen;alle verrichtingen met…” (deed in Dutch) · The company holds all the shares of BOFAS · General meeting of 30-06-2023 · Gazette deed
All 24 events

Comparable companies

same main activity, similar in size and age
Company
Park Motors Turnhout €10.8m €0.9m 4.6% 0
TripleA - Real Estate Bilzen-Hoeselt €7.1m €0.8m 25.1% 0
Lindner Haasrode Leuven €4.9m €0.7m 96.5% 0
TACK IMMOBILIEN Zwalm €16.9m €1.0m 47.6% 0.5
Dream House Invest Ixelles €12.0m €1.3m 17.1% 0.7
HOBOKEN HOLDING Antwerp €19.1m €1.9m 53.5% 0
NOORTHEYE SHOPPING Dilbeek €5.3m €1.1m 16.4% 0

These companies have the same main activity as Park Motors: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €4.9m and €19m, founded between 2008 and 2018.

Official details

Source: KBO
Status
Active since 02-05-2016Normal situation
Activity
Real estate agency activitiesNACE 68310
Establishment unit
2.255.069.9552300 Turnhout, since 02-05-2016
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

≈ €2.3mestimated
€10.8m▲ 4.2%
Filing
Filed on 03-07-2026, 28 days before the end of the filing period
Financials

Companies linked to Park Motors

Insights on Park Motors

Park Motors files the abbreviated format. That format states no turnover. The gross margin rose from €199,532 in 2017 to €929,875 in 2025.

The balance sheet grew most from 2021 to 2023 through fixed assets, financed with long-term debt.

DE MOBILITEITSMAKELAAR holds all the shares. In March 2024, the Official Gazette published the appointment of DE MOBILITEITSMAKELAAR as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Park Motors

What is the company number of Park Motors?
The company number of Park Motors is 0653.708.833. The VAT number is the same number with BE in front: BE 0653.708.833.
Where is Park Motors based?
The registered office is at Steenweg op Mol 24-28, 2300 Turnhout.Company details
What does Park Motors do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of Park Motors?
Park Motors is a private limited company (BV).
When was Park Motors founded?
Park Motors was founded on 02-05-2016.
Is Park Motors still active?
Yes, Park Motors is an active enterprise in the KBO register.
How many employees does Park Motors have?
Park Motors had an average of 0.7 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of Park Motors?
The turnover in financial year 2025 is ≈ €2.3m. This figure is estimated from the gross margin of €929,875 and 30 comparable companies (NACE 683). It probably lies between €1.6m and €2.9m.
Is Park Motors profitable?
In financial year 2025, Park Motors made a loss of €131,576.
Where can I find the annual accounts of Park Motors?
Park Motors filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Park Motors due?
Park Motors must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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