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 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Union from Wielsbeke, company number BE0405447825, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year Union recorded a gross margin of € 3.5 million and equity of € 2.9 million. Compared with financial year 2024, the result moved from € 135,240 to € 1.2 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 July 2, 2026.
€ 2.9 million
▲ 56% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▲ € 1 million vs 2024
Profit after tax over the fiscal year.
€ 1,344
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 150,000 paid out
13 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
15.5
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 50% vs 2024
€ 90,700 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.
€ 230,207
▲ 154% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2.5 million
▲ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 179,631
▲ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 914,198 | € 1,172,592 | € 1,500,803 | € 3,539,830 | ▲ 136% |
| Profit after taxes | € -188,617 | € 6,492 | € 135,240 | € 1,183,439 | ▲ € 1 million |
| Equity | € 1,719,992 | € 1,726,484 | € 1,861,723 | € 2,895,163 | ▲ 56% |
| Total debts | € 3,322,616 | € 5,436,969 | € 6,924,007 | € 11,593,708 | ▲ 67% |
| Cash | € 217,193 | € 124,856 | € 157,292 | € 1,344 | ▼ 99% |
| Land & buildings | € 132,895 | € 125,126 | € 118,290 | € 0 | ▼ 100% |
| Retained profit | € -421,288 | € -414,796 | € -279,557 | € 753,883 | ▲ € 1 million |
| Dividend | € 0 | € 0 | € 0 | € 150,000 | |
| Balance sheet total | € 5,042,608 | € 7,163,453 | € 8,785,730 | € 14,787,318 | ▲ 68% |
| Employees (FTE) | 15.8 | 15 | 13.9 | 15.5 | ▲ 1.6 |
Key figures of Union, 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 Union?
What happened at Union in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LOGUKA BV stepped down as director. NBB
- 2STREAMLINE BV stepped down as director. NBB
- Valtech NV stepped down as director. NBB
- The Coaching Loop BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.2 million (▲ € 1 million vs 2024). Source: NBB ↗
- LOGUKA BV became a director. NBB
- 2STREAMLINE BV became a director. NBB
- Valtech NV became a director. NBB
In short
From € 188,617 loss in 2022 to € 1.2 million profit in 2025.
Paid € 7,864 in corporate taxes since 2022.
Best year ever: 2025, with € 1.2 million profit.
On average € 228,400 of value added per employee in 2025.
Management
The shares are held by Valtech and Günter Roets.
Directors
According to the 2025 annual accounts
Director · represented by Filip Depover
since 2021 · until 2027
Managing director · represented by Peter Vandeputte
Also active at: CRETES, Redeltrans, CRETEN - BELGIUM, BARDOEL, ANZIPLAST, L.V.C., RENTEC, BARDOEL TRANSPORT +20 more
since 2021 · until 2027
Director · represented by Frank Vandeputte
Also active at: CRETES, CRETEN - BELGIUM, BARDOEL, ANZIPLAST, L.V.C., RENTEC, ALLHYDRO, HAECK SUBCONTRACTING +11 more
since 2021 · until 2027
Director · represented by Günter Roets
since 2022 · until 2028
Shareholders
Günter Roets
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Ooigemstraat 14
8710 Wielsbeke
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
COMBELL-AS, BE
Domain
Domain
unionmachines.com
Registered
2005-04-19
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-04-19
Website info
Features
Security
Network
Details
- Company number
- 0405.447.825
- VAT number
- BE 0405.447.825
- Registered office
- Ooigemstraat 14, 8710 Wielsbeke
- Names & denominations
- Union
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van machines voor de landbouw en de bosbouw
Vervaardiging van overige machines voor de landbouw en de bosbouw
Vervaardiging van overige machines en apparaten voor algemeen gebruik, neg
Vervaardiging van andere gereedschapswerktuigen, n.e.g.
Vervaardiging van machines voor de productie van textiel, kleding en leer
Smeden van metaal
Groothandel in andere motorvoertuigen (> 3,5 ton)
Reparatie en onderhoud van machines
+1