Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Shrinking team NBB
FTE fell two years in a row, from 536.1 to 347.4.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
3M Belgium from Machelen (Brab.), company number BE0402683721, closed financial year 2025 with a result of € -5.6 million after tax. For that financial year 3M Belgium recorded revenue of € 194.3 million and equity of € -266.3 million. Compared with financial year 2024, the result moved from € 4.5 million to € -5.6 million. The company made a loss. 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 August 10, 2026.
€ -266.3 million
▼ € 5.6 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5.6 million
▼ still € 4.5 million profit in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -461.8 million.
People and assets in 2025
347.4
▼ 53.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 61.7 million
▼ 36% vs 2024
€ 177,500 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.
€ 834,453
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 22.5 million
▼ 64% vs 2024
Loans from banks and other lenders, long and short.
€ 39.9 million
▼ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 72 days on average.
€ 20 million
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 332,256,818 | € 397,098,769 | € 213,919,514 | € 194,310,632 | ▼ 9% |
| Profit after taxes | € 3,890,821 | € -42,767,459 | € 4,472,742 | € -5,588,892 | ▼ € 10.1 million |
| Equity | € -222,247,334 | € -265,039,362 | € -260,668,990 | € -266,257,882 | ▼ € 5.6 million |
| Total debts | € 132,366,306 | € 167,847,437 | € 158,122,325 | € 97,286,454 | ▼ 38% |
| Cash | € 861 | € 0 | - | - | |
| Land & buildings | € 61,118,950 | € 14,008,606 | € 18,385,848 | € 18,105,913 | ▼ 2% |
| Retained profit | € -417,927,248 | € -460,694,707 | € -456,221,965 | € -461,810,856 | ▼ € 5.6 million |
| Bank debt | € 40,307,570 | € 76,280,224 | € 62,431,528 | € 22,478,360 | ▼ 64% |
| Balance sheet total | € 256,747,574 | € 278,977,400 | € 248,795,800 | € 157,550,057 | ▼ 37% |
| Employees (FTE) | 550.6 | 536.1 | 401.3 | 347.4 | ▼ 53.9 |
Key figures of 3M Belgium, 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 3M Belgium?
What happened at 3M Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 5.6 million (▼ € 10.1 million vs 2024). filed late Source: NBB ↗
- Christin Schack stepped down as director. NBB
- Anthony Crawford became a director. NBB
- Christin Schack became a director. NBB
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Start of the company according to the CBE. KBO
- New establishment in Machelen (Brab.). KBO
In short
From € 3.9 million profit in 2022 to € 5.6 million loss in 2025.
Paid € 10.1 million in corporate taxes since 2022.
Best year ever: 2024, with € 4.5 million profit.
Pays suppliers within 72 days on average.
Management
Behind 3M Belgium is Anthony Crawford.
Directors
According to the 2025 annual accounts
Anthony Crawford
Director
since 2023
Christin Schack
Director
since 2022 · until 2026
Establishments
Establishment units
Physical locations of this company
Hermeslaan 7
1831 Machelen (Brab.)
Canadastraat 11
2070 Beveren-Kruibeke-Zwijndrecht
Active since 1 January 1971
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →ITMA Services
€ 5.5 million revenue · 2025
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€ 389,058 gross margin · 2025
Agoria Tax Consultants
€ 261,836 gross margin · 2025
TM Sirris-Agoria
TM Agoria-Sirris 2428
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.683.721
- VAT number
- BE 0402.683.721
- Registered office
- Hermeslaan 7, 1831 Machelen (Brab.)
- Names & denominations
- 3M Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 1963
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
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