Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2024
Etablissements Kulche - Machines from Anderlecht, company number BE0401899605, closed financial year 2024 with a result of € 89,940 after tax. For that financial year Etablissements Kulche - Machines recorded a gross margin of € 33,427 and equity of € -801,193. Compared with financial year 2023, the result moved from € 229,263 to € 89,940. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 2, 2025.
€ -801,193
▲ € 66,479 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 89,940
▼ 61% vs 2023
Profit after tax over the fiscal year.
€ 3,453
▼ 21% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -862,693.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 2.1 million
▼ 53% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 233,376
▲ 106% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 443,606 | € 114,171 | € 288,973 | € 33,427 | ▼ 88% |
| Profit after taxes | € 422,254 | € 87,147 | € 229,263 | € 89,940 | ▼ 61% |
| Equity | € -1,090,306 | € -1,049,743 | € -867,672 | € -801,193 | ▲ € 66,479 |
| Total debts | € 3,654,512 | € 5,133,467 | € 5,178,241 | € 2,866,081 | ▼ 45% |
| Cash | € 1,191 | € 6,167 | € 4,383 | € 3,453 | ▼ 21% |
| Land & buildings | € 15,196 | € 9,159 | € 2,039 | € 0 | ▼ 100% |
| Retained profit | € -1,269,043 | € -1,181,896 | € -952,633 | € -862,693 | ▲ € 89,940 |
| Balance sheet total | € 2,564,206 | € 4,083,723 | € 4,310,568 | € 2,064,888 | ▼ 52% |
Key figures of Etablissements Kulche - Machines, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Etablissements Kulche - Machines?
What happened at Etablissements Kulche - Machines in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Mehdi Benzine stepped down as director. NBB
- Michaël Barmoshe stepped down as director. NBB
- Amit Mor stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 89,940 (▼ 61% vs 2023). filed late Source: NBB ↗
- Amit Mor became a director. NBB
- Mehdi Benzine became a director. NBB
- Michaël Barmoshe became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 422,254 profit in 2021 to € 89,940 profit in 2024.
Paid € 104,837 in corporate taxes since 2021.
Best year ever: 2021, with € 422,254 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2024 annual accounts
Mehdi Benzine
Managing director
Also active at: FETNAT, JMF INVEST, SKYPOINT, HOTEL CHAMBON, BHINVEST, HOTEL ASCOT, EVERLAND, WAVRE PROPERTIES
since 2024 · until 2030
Michaël Barmoshe
Managing director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Luchtvaartsquare 6-8
1070 Anderlecht
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.899.605
- VAT number
- BE 0401.899.605
- Registered office
- Luchtvaartsquare 6-8, 1070 Anderlecht
- Names & denominations
- Etablissements Kulche - Machines
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1948
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Handel in eigen onroerend goed