Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
B-CLOSE from Mechelen, company number BE0412550304, closed financial year 2025 with a result of € 1.4 million after tax. For that financial year B-CLOSE recorded revenue of € 110.7 million and equity of € 12.6 million. Compared with financial year 2024, the result moved from € -713,983 to € 1.4 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 April 10, 2026.
€ 12.6 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▲ still € 713,983 loss in 2024
Profit after tax over the fiscal year.
€ 679,414
▲ 74% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 10.4 million.
People and assets in 2025
213.5
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 17.1 million
▲ 7% vs 2024
€ 80,300 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.
€ 247,874
▲ 140% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 17.4 million
▼ 1% vs 2024
€ 1.5 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 10.5 million
▲ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 45 days on average.
€ 4.9 million
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 85,358,581 | € 95,980,949 | € 104,251,273 | € 110,743,603 | ▲ 6% |
| Profit after taxes | € 2,312,638 | € 2,969,471 | € -713,983 | € 1,409,028 | ▲ € 2.1 million |
| Equity | € 10,547,883 | € 11,917,354 | € 11,203,371 | € 12,612,399 | ▲ 13% |
| Total debts | € 38,155,340 | € 39,766,131 | € 37,788,483 | € 38,021,530 | ▲ 1% |
| Cash | € 2,612,630 | € 1,015,562 | € 391,519 | € 679,414 | ▲ 74% |
| Land & buildings | € 151,380 | € 153,492 | € 129,334 | € 89,674 | ▼ 31% |
| Retained profit | € 8,377,488 | € 9,746,959 | € 9,032,976 | € 10,442,005 | ▲ 16% |
| Dividend | € 0 | € 1,600,000 | € 0 | € 0 | |
| Bank debt | € 22,199,117 | € 18,396,384 | € 17,616,612 | € 17,364,336 | ▼ 1% |
| Balance sheet total | € 48,871,010 | € 51,882,427 | € 49,234,875 | € 50,903,450 | ▲ 3% |
| Employees (FTE) | 190.5 | 213.3 | 211.9 | 213.5 | ▲ 1.6 |
Key figures of B-CLOSE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to B-CLOSE?
What happened at B-CLOSE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- VDK MAINTENANCE V.O.F. stepped down as director. NBB
- BLUE EGG BV stepped down as director. NBB
- Success Loading BV stepped down as director. NBB
- OAK Advice BV stepped down as director. NBB
- ELSEC BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.4 million. Source: NBB ↗
- Success Loading BV became a director. NBB
- OAK Advice BV became a director. NBB
In short
From € 2.3 million profit in 2022 to € 1.4 million profit in 2025.
Paid € 4.4 million in corporate taxes since 2022.
Best year ever: 2023, with € 3 million profit.
Paid out € 1.6 million in dividends to the owners in total.
Management
The stake of J&BE Invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
B-CLOSEThe shares are held by J&BE Invest (100%). It owns 100% of LTC NV itself.
Directors
According to the 2025 annual accounts
Director · represented by Bart Vandekerckhove
Owns 20% via J&BE Invest
Also active at: Lift Truck Company, J&BE Invest, J&BE Immo
since 2025 · until 2031
Director · represented by Jean-Marie Thils
Owns 20% via J&BE Invest
Also active at: Lift Truck Company, J&BE Invest, J&BE Immo
since 2025 · until 2031
Director · represented by Cédric Deketelaere
since 2025 · until 2031
Director · represented by Fréderic Germanes
since 2025 · until 2031
Director · represented by Eric Maertens
Owns 60% via J&BE Invest
Also active at: Lift Truck Company, J&BE Invest, J&BE Immo
since 2022 · until 2027
Shareholders
J&BE Invest · holding of ELSEC BV
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Kruisbaan 68
2800 Mechelen
Blokkestraat 10
8530 Harelbeke
Active since 1 July 1972
Haandorpweg(KAL) 1aa box 15
9130 Beveren-Kruibeke-Zwijndrecht
Active since 8 May 2013
Rue de Néverlée(RH) 9
5020 Namur
Active since 1 September 2021
Industriepark 35
3300 Tienen
Active since 1 January 2025
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
- 0412.550.304
- VAT number
- BE 0412.550.304
- Registered office
- Kruisbaan 68, 2800 Mechelen
- Names & denominations
- B-CLOSE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 June 1972
- Peppol
- Active · Active since 2 Sept 2025
- Activities · NACE
Groothandel in hijs-, hef- en transportwerktuigen
Groothandel in andere machines en werktuigen, neg
Groothandel in diverse machines en uitrusting voor handel en dienstverlening, n.e.g.
Groothandel in andere machines en werktuigen, n.e.g.
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Algemeen onderhoud en reparatie van overige motorvoertuigen (> 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)