HAMACH is a machinery manufacturer in Izegem. Private Limited, started on 1 January 1970, 1 establishment.

What is the address of HAMACH?

The registered office of HAMACH is located at Abelestraat 102, 8870 Izegem.

Is HAMACH still active?

Yes. According to the CBE (29 October 2026) HAMACH is active, legal situation “Normale toestand”, started on 1 January 1970.

Is HAMACH registered on Peppol?

Yes, HAMACH is registered on the Peppol network with ID 0208:0407112562.

What is the enterprise number of HAMACH?

The enterprise number of HAMACH is BE0407112562.

When was HAMACH founded?

HAMACH was founded on 1 January 1970.

Who are the directors of HAMACH?

According to the 2025 annual accounts, the directors of HAMACH are: Olivier Handsaeme.

Is HAMACH a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1970; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did HAMACH make in 2025?

HAMACH posted a profit after taxes of € 380,110 in financial year 2025.

What is the revenue of HAMACH?

As a small company, HAMACH is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 221,624.

How many employees does HAMACH have?

According to the 2025 annual accounts, HAMACH has 0 full-time equivalents (FTE).

Does HAMACH have a website?

Yes, HAMACH has a website at handsaeme.be.

HAMACH (Private Limited) - Izegem - BE0407112562

Dossier HAMACH, printed on 29 October 2026 from databakkes.be/en/0407112562/hamach. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

HAMACH from Izegem, company number BE0407112562, closed financial year 2025 with a result of € 380,110 after tax. For that financial year HAMACH recorded a gross margin of € 221,624 and equity of € 4 million. Compared with financial year 2024, the result moved from € 753,852 to € 380,110. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 16, 2026.

What it is worth Healthy

€ 4 million

▼ 15% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 380,110

▼ 50% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 3.4 million

▲ € 3.1 million vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 1.1 million paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Debts at end 2025

Bank debt ≈ 9 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 3.8 million

▲ € 2.9 million vs 2024

€ 443,686 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 646,377

▲ € 614,542 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 75,133

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 197,356 Gross margin 2022: € 197,356 First fiscal year in the series	€ 146,661 Gross margin 2023: € 146,661 ▼ 26% vs 2022 (€ 197,356) Unfavourable step	€ 156,387 Gross margin 2024: € 156,387 ▲ 7% vs 2023 (€ 146,661) Favourable step	€ 221,624 Gross margin 2025: € 221,624 ▲ 42% vs 2024 (€ 156,387) Favourable step	▲ 42%
Profit after taxes	€ 669,322 Profit after taxes 2022: € 669,322 First fiscal year in the series	€ 644,825 Profit after taxes 2023: € 644,825 ▼ 4% vs 2022 (€ 669,322) Unfavourable step	€ 753,852 Profit after taxes 2024: € 753,852 ▲ 17% vs 2023 (€ 644,825) Favourable step	€ 380,110 Profit after taxes 2025: € 380,110 ▼ 50% vs 2024 (€ 753,852) Unfavourable step	▼ 50%
Equity	€ 3,292,039 Equity 2022: € 3,292,039 First fiscal year in the series	€ 3,936,864 Equity 2023: € 3,936,864 ▲ 20% vs 2022 (€ 3,292,039) Favourable step	€ 4,690,716 Equity 2024: € 4,690,716 ▲ 19% vs 2023 (€ 3,936,864) Favourable step	€ 4,004,191 Equity 2025: € 4,004,191 ▼ 15% vs 2024 (€ 4,690,716) Unfavourable step	▼ 15%
Total debts	€ 273,265 Total debts 2022: € 273,265 First fiscal year in the series	€ 998,490 Total debts 2023: € 998,490 ▲ 265% vs 2022 (€ 273,265) Unfavourable step	€ 947,858 Total debts 2024: € 947,858 ▼ 5% vs 2023 (€ 998,490) Favourable step	€ 5,512,354 Total debts 2025: € 5,512,354 ▲ € 4.6 million vs 2024 (€ 947,858) Unfavourable step	▲ € 4.6 million
Cash	€ 1,908,271 Cash 2022: € 1,908,271 First fiscal year in the series	€ 73,698 Cash 2023: € 73,698 ▼ 96% vs 2022 (€ 1,908,271) Unfavourable step	€ 254,310 Cash 2024: € 254,310 ▲ 245% vs 2023 (€ 73,698) Favourable step	€ 3,350,285 Cash 2025: € 3,350,285 ▲ € 3.1 million vs 2024 (€ 254,310) Favourable step	▲ € 3.1 million
Land & buildings	€ 843,862 Land & buildings 2022: € 843,862 First fiscal year in the series	€ 1,600,944 Land & buildings 2023: € 1,600,944 ▲ 90% vs 2022 (€ 843,862) Unchanged	€ 1,425,192 Land & buildings 2024: € 1,425,192 ▼ 11% vs 2023 (€ 1,600,944) Unchanged	€ 4,783,904 Land & buildings 2025: € 4,783,904 ▲ 236% vs 2024 (€ 1,425,192) Unchanged	▲ 236%
Retained profit	€ 3,229,039 Retained profit 2022: € 3,229,039 First fiscal year in the series	€ 3,873,864 Retained profit 2023: € 3,873,864 ▲ 20% vs 2022 (€ 3,229,039) Favourable step	€ 4,627,716 Retained profit 2024: € 4,627,716 ▲ 19% vs 2023 (€ 3,873,864) Favourable step	€ 3,941,191 Retained profit 2025: € 3,941,191 ▼ 15% vs 2024 (€ 4,627,716) Unfavourable step	▼ 15%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 1,066,635 Dividend 2025: € 1,066,635 Unchanged (€ 0) Unchanged
Bank debt	€ 205,974 Bank debt 2022: € 205,974 First fiscal year in the series	€ 931,655 Bank debt 2023: € 931,655 ▲ € 725,681 vs 2022 (€ 205,974) Unfavourable step	€ 840,607 Bank debt 2024: € 840,607 ▼ 10% vs 2023 (€ 931,655) Favourable step	€ 3,777,078 Bank debt 2025: € 3,777,078 ▲ € 2.9 million vs 2024 (€ 840,607) Unfavourable step	▲ € 2.9 million
Balance sheet total	€ 3,567,425 Balance sheet total 2022: € 3,567,425 First fiscal year in the series	€ 4,937,312 Balance sheet total 2023: € 4,937,312 ▲ 38% vs 2022 (€ 3,567,425) Unchanged	€ 5,640,368 Balance sheet total 2024: € 5,640,368 ▲ 14% vs 2023 (€ 4,937,312) Unchanged	€ 9,518,177 Balance sheet total 2025: € 9,518,177 ▲ 69% vs 2024 (€ 5,640,368) Unchanged	▲ 69%

Key figures of HAMACH, 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 HAMACH?

What happened at HAMACH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 16, 2026 New annual accounts for financial year 2025: profit of € 380,110 (▼ 50% vs 2024). Source: NBB ↗
1994 Olivier Handsaeme became a director. NBB
Apr 1, 1970 New establishment in Izegem. KBO
Jan 1, 1970 Start of the company according to the CBE. KBO

In short

From € 669,322 profit in 2022 to € 380,110 profit in 2025.

Paid € 254,907 in corporate taxes since 2022.

Best year ever: 2024, with € 753,852 profit.

Paid out € 1.1 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Olivier Handsaeme

HAMACH

Handsaeme 100%

Behind HAMACH is Olivier Handsaeme. It owns 100% of Handsaeme itself.

Directors

According to the 2025 annual accounts

Olivier Handsaeme

Director

since 1994

Establishments

Establishment units

Physical locations of this company

Registered office

Abelestraat 102

8870 Izegem

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 →

HANDSAEME-MACHINERY same network

€ 4 million gross margin · 2025

F.E. HAMACH

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Website

HTTPS handsaeme.be

Canonical: https://www.handsaeme.be/

Technologies

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Hosting & Email

Email provider

Microsoft 365

Hosting

COMBELL-AS, BE

Website info

HTTPS Ja

Languages EN

Features

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Security

✓ HTTPS

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Network

✓ IPv6

Details

Company number

0407.112.562

VAT number

BE 0407.112.562

Registered office

Abelestraat 102, 8870 Izegem

Names & denominations

HAMACH

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

1 January 1970

Peppol

Active · Active since 11 Dec 2025

Contact

handsaeme.be

Activities · NACE

Vervaardiging van verpakkingsmachines

Activiteiten van holdings

Vervaardiging van machines voor de productie van textiel, kleding en leer

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗

HAMACH

Financials

What happened to HAMACH?

Management

Directors

Establishments

Establishment units

Who else lives here?

Website

Technologies

Hosting & Email

Website info

Features

Security

Network

Details

Frequently asked questions