ROXELL is a machinery manufacturer in Maldegem. Private Limited, started on 11 January 1967, 1 establishment.

What is the address of ROXELL?

The registered office of ROXELL is located at Industrielaan 13, 9990 Maldegem.

Is ROXELL still active?

Yes. According to the CBE (30 October 2026) ROXELL is active, legal situation “Normale toestand”, started on 11 January 1967.

Is ROXELL registered on Peppol?

Yes, ROXELL is registered on the Peppol network with ID 0208:0401007106.

What is the enterprise number of ROXELL?

The enterprise number of ROXELL is BE0401007106.

When was ROXELL founded?

ROXELL was founded on 11 January 1967.

Who are the directors of ROXELL?

According to the 2025 annual accounts, the directors of ROXELL are: Michael J. Kissane, Steven Gunst, Victor A. Mancinelli, Marc Plastow, Gino Van Landuyt.

Is ROXELL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 11 January 1967; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account.

How much profit did ROXELL make in 2025?

ROXELL posted a profit after taxes of € 5,237,597 in financial year 2025.

What is the revenue of ROXELL?

In its most recent annual accounts (2025), ROXELL reported revenue of € 59,405,065.

How much does an employee at ROXELL earn?

The average wage cost per full-time employee at ROXELL was € 96,200 in 2025: staff costs of € 12.7 million for 132 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does ROXELL have?

According to the 2025 annual accounts, ROXELL has 132 full-time equivalents (FTE).

Does ROXELL have a website?

Yes, ROXELL has a website at roxell.com.

ROXELL (Private Limited) - Maldegem - BE0401007106

Dossier ROXELL, printed on 30 October 2026 from databakkes.be/en/0401007106/roxell. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

ROXELL from Maldegem, company number BE0401007106, closed financial year 2025 with a result of € 5.2 million after tax. For that financial year ROXELL recorded revenue of € 59.4 million and equity of € 67.5 million. Compared with financial year 2024, the result moved from € 7.4 million to € 5.2 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.

What it is worth Growing

€ 67.5 million

▲ 8% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 5.2 million

▼ 29% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 12.5 million

▼ 3% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 66.6 million.

People and assets in 2025

Full-time equivalents

132

▲ 3.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 6.8 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 12.7 million

▲ 6% vs 2024

€ 96,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 954,471

▼ 10% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 2.7 million

▲ 44% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 27 days on average.

Taxes and wages

€ 2.1 million

▲ 10% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 51,814,243 Revenue 2022: € 51,814,243 First fiscal year in the series	€ 44,486,549 Revenue 2023: € 44,486,549 ▼ 14% vs 2022 (€ 51,814,243) Unfavourable step	€ 50,456,135 Revenue 2024: € 50,456,135 ▲ 13% vs 2023 (€ 44,486,549) Favourable step	€ 59,405,065 Revenue 2025: € 59,405,065 ▲ 18% vs 2024 (€ 50,456,135) Favourable step	▲ 18%
Profit after taxes	€ 5,405,268 Profit after taxes 2022: € 5,405,268 First fiscal year in the series	€ 11,173,658 Profit after taxes 2023: € 11,173,658 ▲ 107% vs 2022 (€ 5,405,268) Favourable step	€ 7,390,824 Profit after taxes 2024: € 7,390,824 ▼ 34% vs 2023 (€ 11,173,658) Unfavourable step	€ 5,237,597 Profit after taxes 2025: € 5,237,597 ▼ 29% vs 2024 (€ 7,390,824) Unfavourable step	▼ 29%
Equity	€ 43,671,497 Equity 2022: € 43,671,497 First fiscal year in the series	€ 54,845,155 Equity 2023: € 54,845,155 ▲ 26% vs 2022 (€ 43,671,497) Favourable step	€ 62,235,979 Equity 2024: € 62,235,979 ▲ 13% vs 2023 (€ 54,845,155) Favourable step	€ 67,473,576 Equity 2025: € 67,473,576 ▲ 8% vs 2024 (€ 62,235,979) Favourable step	▲ 8%
Total debts	€ 4,543,383 Total debts 2022: € 4,543,383 First fiscal year in the series	€ 4,867,227 Total debts 2023: € 4,867,227 ▲ 7% vs 2022 (€ 4,543,383) Unfavourable step	€ 4,932,166 Total debts 2024: € 4,932,166 ▲ 1% vs 2023 (€ 4,867,227) Unfavourable step	€ 6,770,304 Total debts 2025: € 6,770,304 ▲ 37% vs 2024 (€ 4,932,166) Unfavourable step	▲ 37%
Cash	€ 24,319,599 Cash 2022: € 24,319,599 First fiscal year in the series	€ 7,904,095 Cash 2023: € 7,904,095 ▼ 67% vs 2022 (€ 24,319,599) Unfavourable step	€ 12,891,020 Cash 2024: € 12,891,020 ▲ 63% vs 2023 (€ 7,904,095) Favourable step	€ 12,458,391 Cash 2025: € 12,458,391 ▼ 3% vs 2024 (€ 12,891,020) Unfavourable step	▼ 3%
Land & buildings	€ 4,382,773 Land & buildings 2022: € 4,382,773 First fiscal year in the series	€ 4,461,267 Land & buildings 2023: € 4,461,267 ▲ 2% vs 2022 (€ 4,382,773) Unchanged	€ 5,873,583 Land & buildings 2024: € 5,873,583 ▲ 32% vs 2023 (€ 4,461,267) Unchanged	€ 5,626,994 Land & buildings 2025: € 5,626,994 ▼ 4% vs 2024 (€ 5,873,583) Unchanged	▼ 4%
Retained profit	€ 42,755,497 Retained profit 2022: € 42,755,497 First fiscal year in the series	€ 53,929,155 Retained profit 2023: € 53,929,155 ▲ 26% vs 2022 (€ 42,755,497) Favourable step	€ 61,319,979 Retained profit 2024: € 61,319,979 ▲ 14% vs 2023 (€ 53,929,155) Favourable step	€ 66,557,576 Retained profit 2025: € 66,557,576 ▲ 9% vs 2024 (€ 61,319,979) Favourable step	▲ 9%
Balance sheet total	€ 49,065,956 Balance sheet total 2022: € 49,065,956 First fiscal year in the series	€ 60,513,326 Balance sheet total 2023: € 60,513,326 ▲ 23% vs 2022 (€ 49,065,956) Unchanged	€ 67,841,810 Balance sheet total 2024: € 67,841,810 ▲ 12% vs 2023 (€ 60,513,326) Unchanged	€ 75,041,256 Balance sheet total 2025: € 75,041,256 ▲ 11% vs 2024 (€ 67,841,810) Unchanged	▲ 11%
Employees (FTE)	156.8 Employees (FTE) 2022: 156.8 First fiscal year in the series	129.1 Employees (FTE) 2023: 129.1 ▼ 27.7 vs 2022 (156.8) Unchanged	128.7 Employees (FTE) 2024: 128.7 ▼ 0.4 vs 2023 (129.1) Unchanged	132 Employees (FTE) 2025: 132 ▲ 3.3 vs 2024 (128.7) Unchanged	▲ 3.3

Key figures of ROXELL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to ROXELL?

What happened at ROXELL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jun 18, 2026 New annual accounts for financial year 2025: profit of € 5.2 million (▼ 29% vs 2024). Source: NBB ↗
2025 Steven Gunst became a director. NBB
2025 Gino Van Landuyt stepped down as director. NBB
2022 Marc Plastow became a director. NBB
2013 Michael J. Kissane became a director. NBB
2013 Victor A. Mancinelli became a director. NBB
2013 Gino Van Landuyt became a director. NBB
Feb 1, 1967 New establishment in Maldegem. KBO

In short

From € 5.4 million profit in 2022 to € 5.2 million profit in 2025.

Paid € 7.5 million in corporate taxes since 2022.

Best year ever: 2023, with € 11.2 million profit.

Pays suppliers within 27 days on average.

Original PDFs at the National Bank ↗

Management

CTB Legacy Holding BV 100%

Fancom BV 0%

ROXELL

CTB Malaysia 100%

Behind ROXELL are Michael J. Kissane, Steven Gunst, Victor A. Mancinelli and Marc Plastow. The shares are held by CTB Legacy Holding BV (100%) and Fancom BV (0%). It owns 100% of CTB Malaysia itself.

Directors

According to the 2025 annual accounts

Michael J. Kissane

Director

since 2013

Steven Gunst

Director

Also active at: Belgian Feed Association, AGRI-ACTIV, QUARTES

since 2025

Victor A. Mancinelli

Director

since 2013

Marc Plastow

Director

since 2022

Gino Van Landuyt

Director

since 2013 · until 2025

Shareholders

CTB Legacy Holding BV

100%

Fancom BV

Participations

CTB Malaysia

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Industrielaan 13

9990 Maldegem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS roxell.com

Canonical: https://www.roxell.com/

About

Technologies

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Hosting & Email

Email provider

Microsoft 365

Hosting

GOOGLE-CLOUD-PLATFORM - Google LLC, US

DNS

Cloudflare DNS

Domain

roxell.com

Registered

1996-09-25

Registrar

NameWeb BVBA

Expires

2026-09-24

Website info

HTTPS Ja

Languages DE, EN, ES, FR, NL, PT, RU, ZH

Features

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Security

✓ HTTPS

✗ SPF

✓ DMARC

Details

Company number

0401.007.106

VAT number

BE 0401.007.106

Registered office

Industrielaan 13, 9990 Maldegem

Names & denominations

ROXELL · E.F.G

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

11 January 1967

Peppol

Active · Active since 30 Nov 2025

Contact

roxell.com

Activities · NACE

Vervaardiging van machines voor de landbouw en de bosbouw

Vervaardiging van overige machines voor de landbouw en de bosbouw

View on CBE Public ↗ Annual accounts (NBB) ↗

ROXELL

Financials

What happened to ROXELL?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Website

Technologies

Hosting & Email

Domain

Website info

Features

Security

Details

Frequently asked questions