Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5 to 4.2.
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Busy address KBO
36 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Machiels from Hasselt, company number BE0413665903, closed financial year 2025 with a result of € 39,193 after tax. For that financial year Machiels recorded revenue of € 983,476 and equity of € 2.8 million. Compared with financial year 2024, the result moved from € 30,769 to € 39,193. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 2.8 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 39,193
▲ 27% vs 2024
Profit after tax over the fiscal year.
€ 5,851
▼ 23% 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 € 436,958.
People and assets in 2025
4.2
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 89,462
▼ 25% vs 2024
€ 21,300 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 155,664
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 64 days on average.
€ 99,744
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,195,076 | € 1,125,049 | € 1,073,287 | € 983,476 | ▼ 8% |
| Profit after taxes | € 39,358 | € 1,009 | € 30,769 | € 39,193 | ▲ 27% |
| Equity | € 2,687,586 | € 2,688,595 | € 2,719,364 | € 2,758,557 | ▲ 1% |
| Total debts | € 765,894 | € 827,630 | € 834,832 | € 781,742 | ▼ 6% |
| Cash | € 12,506 | € 12,249 | € 7,611 | € 5,851 | ▼ 23% |
| Land & buildings | € 327,272 | € 327,272 | € 327,272 | € 327,272 | |
| Retained profit | € 365,987 | € 366,996 | € 397,765 | € 436,958 | ▲ 10% |
| Balance sheet total | € 3,454,278 | € 3,516,226 | € 3,554,196 | € 3,540,299 | |
| Employees (FTE) | 6.3 | 5 | 4.9 | 4.2 | ▼ 0.7 |
Key figures of Machiels, 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 Machiels?
What happened at Machiels in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Tom Melotte BV stepped down as director. NBB
- Jemi Consult BV stepped down as director. NBB
- Befas BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 39,193 (▲ 27% vs 2024). Source: NBB ↗
- Tom Melotte BV became a director. NBB
- Jemi Consult BV became a director. NBB
- Befas BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 39,358 profit in 2022 to € 39,193 profit in 2025.
Paid € 70,770 in corporate taxes since 2022.
Best year ever: 2022, with € 39,358 profit.
Pays suppliers within 64 days on average.
Management
The shares are held by JM Recycling NV (100%). It owns 15% of Sociedad de Inversiones Machiels Chili SA, 15% of Inversiones Medioambientales LTDA and 15% of Inversiones Coventry LTDA itself.
Directors
According to the 2025 annual accounts
Director · represented by Tom Melotte
Also active at: Maasland Groefuitbating, Remo - Milieubeheer, Genk Cargo Connect, TAMORCO, MACHIELS REAL ESTATE, MATRACO, MAC² SHIPPING, J.M. RECYCLING +20 more
since 2025 · until 2029
Managing director · represented by Louis Machiels
Also active at: Maasland Groefuitbating, Remo - Milieubeheer, Genk Cargo Connect, TAMORCO, Waterleau Technics, MACHIELS REAL ESTATE, MATRACO, MAC² SHIPPING +57 more
since 2023 · until 2029
Director · represented by Fabienne Soetaers
Also active at: Maasland Groefuitbating, Remo - Milieubeheer, MACHIELS REAL ESTATE, MATRACO, MAC² SHIPPING, MACLEASE, MAC² SOLUTIONS, TELLURIA +34 more
since 2023 · until 2029
Shareholders
100%
Participations
Sociedad de Inversiones Machiels Chili SA
15%
Inversiones Medioambientales LTDA
15%
Inversiones Coventry LTDA
15%
Establishments
Establishment units
Physical locations of this company
Ekkelgaarden 16
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 36 companies are registered at this address.
All companies at this address →Maasland Groefuitbating same network
€ 640,411 revenue · 2025
Remo - Milieubeheer same network
€ 285,259 revenue · 2025
TAMORCO same network
€ 126,000 revenue · 2025
MACHIELS REAL ESTATE same network
€ 2.1 million revenue · 2025
MATRACO same network
€ 1.6 million revenue · 2025
+31 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0413.665.903
- VAT number
- BE 0413.665.903
- Registered office
- Ekkelgaarden 16, 3500 Hasselt
- Names & denominations
- Machiels
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 August 1973
- Peppol
- Active · Active since 5 Aug 2025
- Activities · NACE
Verzamelen, storten en verwerken van huisvuil, industrieel afval, landbouwafval en bouw- en sloopafval
Andere afvalverwijdering
Elektrotechnische installatiewerken van nijverheidsinrichtingen
Optrekken van andere residentiële gebouwen en van kantoorgebouwen
Overige verwerking en verwijdering van ongevaarlijk afval
Bouwrijp maken van terreinen
Algemene bouw van residentiële gebouwen
Ondersteunende activiteiten in verband met verzekeringen en pensioenfondsen, neg
+5