Financials
Financial year 2024
MAMMOET (BELGIUM) from Gent, company number BE0405255310, closed financial year 2024 with a result of € -1 million after tax. For that financial year MAMMOET (BELGIUM) recorded revenue of € 22 million and equity of € 9.5 million. Compared with financial year 2023, the result moved from € 707,660 to € -1 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2025.
€ 9.5 million
▼ 10% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1 million
▼ still € 707,660 profit in 2023
Profit after tax over the fiscal year.
€ 793,136
▼ 47% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 5.3 million.
People and assets in 2024
88.9
▲ 2.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 9.5 million
▲ 9% vs 2023
€ 106,700 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.
€ 3.7 million
▲ 17% vs 2023
Of which on lease € 2.7 million.
Debts at end 2024
€ 2.7 million
▲ 29% vs 2023
€ 431,407 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 8.4 million
▲ 10% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 214 days on average.
€ 967,276
▲ 8% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 29,294,875 | € 23,445,274 | € 26,516,538 | € 22,036,067 | ▼ 17% |
| Profit after taxes | € 427,769 | € 553,799 | € 707,660 | € -1,027,743 | ▼ € 1.7 million |
| Equity | € 9,252,489 | € 9,806,288 | € 10,513,948 | € 9,486,205 | ▼ 10% |
| Total debts | € 18,508,556 | € 18,871,018 | € 19,339,858 | € 20,034,898 | ▲ 4% |
| Cash | € 1,287,073 | € 427,049 | € 1,499,727 | € 793,136 | ▼ 47% |
| Land & buildings | € 75,214 | € 45,751 | € 34,314 | € 18,211 | ▼ 47% |
| Retained profit | € 5,036,607 | € 5,590,406 | € 6,298,066 | € 5,270,324 | ▼ 16% |
| Dividend | € 4,000,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 2,737,072 | € 2,406,156 | € 2,070,791 | € 2,666,805 | ▲ 29% |
| Balance sheet total | € 27,761,045 | € 28,677,306 | € 29,853,806 | € 29,521,103 | ▼ 1% |
| Employees (FTE) | 90.4 | 89.6 | 86 | 88.9 | ▲ 2.9 |
Key figures of MAMMOET (BELGIUM), 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 MAMMOET (BELGIUM)?
What happened at MAMMOET (BELGIUM) in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Steven Huylebroeck stepped down as director. NBB
- Luc Smulders stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 1 million (▼ € 1.7 million vs 2023). Source: NBB ↗
- Steven Huylebroeck became a director. NBB
- Luc Smulders became a director. NBB
- New establishment in Antwerpen. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 427,769 profit in 2021 to € 1 million loss in 2024.
Paid € 111,793 in corporate taxes since 2021.
Best year ever: 2023, with € 707,660 profit.
Paid out € 4 million in dividends to the owners in total.
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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
It owns 99% of Mammoet Servicios de Elevacion y Transporte Mammoet Chile y Compania Ltda and 49% of Mammoet Logistics Algerie SARL itself.
Directors
According to the 2024 annual accounts
Steven Huylebroeck
Managing director
since 2025 · until 2031
Luc Smulders
Director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Knippegroen 1
9042 Gent
Knippegroen 1 box .
9042 Gent
Active since 3 November 1997
Antwerpsebaan 44 box Dok 728
2040 Antwerpen
Active since 1 November 2017
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
EPISERVER_AS, SE
DNS
DNSMadeEasy
Domain
Domain
mammoet.com
Registered
1996-08-07
Registrar
Key-Systems GmbH
Expires
2026-08-06
Website info
Features
Security
Network
Details
- Company number
- 0405.255.310
- VAT number
- BE 0405.255.310
- Registered office
- Knippegroen 1, 9042 Gent
- Names & denominations
- MAMMOET (BELGIUM)
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 April 1946
- Peppol
- Active · Active since 9 Jan 2026
- Contact
- mammoet.com
- Activities · NACE
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