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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Tight liquidity NBB
Cash and receivables cover 63 % of short-term debt in 2026; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2026
TOYOTA MATERIAL HANDLING BELGIUM from Willebroek, company number BE0404934715, closed financial year 2026 with a result of € 3.6 million after tax. For that financial year TOYOTA MATERIAL HANDLING BELGIUM recorded revenue of € 152.1 million and equity of € 27.6 million. Compared with financial year 2025, the result moved from € 3.5 million to € 3.6 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 27.6 million
▲ 8% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.6 million
▲ 3% vs 2025
Profit after tax over the fiscal year.
€ 2.2 million
▼ 36% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 1.5 million paid out
41 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2026
278.2
▲ 10.6 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 25.9 million
▲ 5% vs 2025
€ 93,100 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.
€ 43.2 million
▲ 23% vs 2025
Of which on lease € 42.2 million.
Debts at end 2026
€ 65.7 million
▲ 29% vs 2025
€ 9.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 11.4 million
▼ 16% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 39 days on average.
€ 9.5 million
▲ 23% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 134,489,051 | € 149,129,311 | € 139,975,061 | € 152,083,914 | ▲ 9% |
| Profit after taxes | € 3,450,454 | € 3,568,101 | € 3,510,546 | € 3,614,880 | ▲ 3% |
| Equity | € 28,437,708 | € 25,005,809 | € 25,516,355 | € 27,631,235 | ▲ 8% |
| Total debts | € 69,845,881 | € 75,329,508 | € 78,406,840 | € 93,719,550 | ▲ 20% |
| Cash | € 3,789,769 | € 2,394,812 | € 3,412,611 | € 2,187,658 | ▼ 36% |
| Land & buildings | € 14,484,852 | € 14,195,494 | € 13,683,556 | € 13,157,819 | ▼ 4% |
| Retained profit | € 28,251,708 | € 24,819,809 | € 25,330,355 | € 27,445,235 | ▲ 8% |
| Dividend | € 0 | € 7,000,000 | € 3,000,000 | € 1,500,000 | ▼ 50% |
| Bank debt | € 43,150,938 | € 45,266,095 | € 50,866,774 | € 65,681,645 | ▲ 29% |
| Balance sheet total | € 99,144,053 | € 101,160,060 | € 104,779,845 | € 122,193,089 | ▲ 17% |
| Employees (FTE) | 254.1 | 254.6 | 267.6 | 278.2 | ▲ 10.6 |
Key figures of TOYOTA MATERIAL HANDLING BELGIUM, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to TOYOTA MATERIAL HANDLING BELGIUM?
What happened at TOYOTA MATERIAL HANDLING BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Stefan GRADENWITZ stepped down as director. NBB
- Hugues VAN ESPEN stepped down as director. NBB
- Tony VALKOVSKI stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 3.6 million (▲ 3% vs 2025). Source: NBB ↗
- Stefan GRADENWITZ became a director. NBB
- Hugues VAN ESPEN became a director. NBB
- Tony VALKOVSKI became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 3.5 million profit in 2023 to € 3.6 million profit in 2026.
Paid € 5.6 million in corporate taxes since 2023.
Best year ever: 2026, with € 3.6 million profit.
Paid out € 11.5 million in dividends to the owners in total.
Management
Directors
According to the 2026 annual accounts
Stefan GRADENWITZ
Director
since 2024 · until 2027
since 2024 · until 2027
Tony VALKOVSKI
Director
since 2024 · until 2027
Establishments
Establishment units
Physical locations of this company
Schoondonkweg 1
2830 Willebroek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0404.934.715
- VAT number
- BE 0404.934.715
- Registered office
- Schoondonkweg 1, 2830 Willebroek
- Names & denominations
- TOYOTA MATERIAL HANDLING BELGIUM · TMHBE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 January 1965
- Peppol
- Active · Active since 2 Oct 2025
- Activities · NACE
Groothandel in vervoermiddelen met uitzondering van auto's, motorrijwielen en rijwielen, in meetapparaten en -instrumenten, in navigatieapparatuur en andere diverse machines en uitrusting voor de nijv
Groothandel in hijs-, hef- en transportwerktuigen
Groothandel in machines, werktuigen en toebehoren voor de landbouw
Groothandel in machines, tractoren, werktuigen en toebehoren voor de landbouw
Verhuur en lease van vrachtwagens
Verhuur van overige transportmiddelen voor vervoer te land