Financials
Financial year 2025
TVH EQUIPMENT from Waregem, company number BE0414262650, closed financial year 2025 with a result of € 3.8 million after tax. For that financial year TVH EQUIPMENT recorded revenue of € 153.1 million and equity of € 48.4 million. Compared with financial year 2024, the result moved from € 3.2 million to € 3.8 million. 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 August 4, 2026.
€ 48.4 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.8 million
▲ 17% vs 2024
Profit after tax over the fiscal year.
€ 12 million
▲ 294% 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 € 30.3 million.
People and assets in 2025
283.6
▼ 4.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 22.7 million
▼ 3% vs 2024
€ 80,200 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.
€ 1.4 million
▲ 13% 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.
€ 16 million
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 47 days on average.
€ 5 million
▼ 23% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 140,480,321 | € 190,036,220 | € 158,749,429 | € 153,105,830 | ▼ 4% |
| Profit after taxes | € 1,258,917 | € 5,811,118 | € 3,247,410 | € 3,806,076 | ▲ 17% |
| Equity | € 35,522,787 | € 41,333,906 | € 44,581,316 | € 48,387,392 | ▲ 9% |
| Total debts | € 24,625,594 | € 35,002,048 | € 36,330,175 | € 25,435,413 | ▼ 30% |
| Cash | € 1,401,162 | € 6,679,750 | € 3,052,132 | € 12,040,110 | ▲ 294% |
| Land & buildings | € 974,208 | € 854,439 | € 869,381 | € 876,251 | ▲ 1% |
| Retained profit | € 17,446,729 | € 23,257,847 | € 26,505,257 | € 30,311,333 | ▲ 14% |
| Bank debt | € 4,500,000 | € 8,000,000 | € 4,000,000 | € 0 | ▼ 100% |
| Balance sheet total | € 60,148,381 | € 76,335,954 | € 80,911,491 | € 73,822,805 | ▼ 9% |
| Employees (FTE) | 284.3 | 279.5 | 288.2 | 283.6 | ▼ 4.6 |
Key figures of TVH EQUIPMENT, 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 TVH EQUIPMENT?
What happened at TVH EQUIPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- QUVA INVEST NV stepped down as director. NBB
- SF Driven BV stepped down as director. NBB
- Patrick Lecluyse BV stepped down as director. NBB
- Welako BV stepped down as director. NBB
- Beran Management BV stepped down as director. NBB
- mateco BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.8 million (▲ 17% vs 2024). filed late Source: NBB ↗
- New establishment in Waregem. KBO
In short
From € 1.3 million profit in 2022 to € 3.8 million profit in 2025.
Paid € 4.7 million in corporate taxes since 2022.
Best year ever: 2023, with € 5.8 million profit.
Pays suppliers within 47 days on average.
A new publication or filing at TVH EQUIPMENT? We notify you, reason included.
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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
Behind TVH EQUIPMENT are Yel.low BV and Brecht Loosveld. The shares are held by mateco SARL (50%) and LIBRA INVEST SARL (50%). It owns 100% of CC Equipment and 100% of Rentalift itself.
Directors
According to the 2025 annual accounts
Lid van de directieraad · represented by Kristof Coudenys
Also active at: CC EQUIPMENT, RENTALIFT, Fremato Equipment
since 2021
since 2021
Lid van de toezichtsraad · represented by Patrick Lecluyse
Also active at: KARTONNAGE LEFEVERE - BEEL, Abriso-Jiffy, CREA PACK, BUSINESS LANGUAGE AND COMMUNICATION CENTRE, DEPRO PROFILES, Fremato Equipment, TVH Global
since 2021 · until 2027
Lid van de toezichtsraad · represented by John Laebens
Also active at: MIDEX INTERNATIONAL, VINTEOR, Waregem RE, Fremato Equipment, ECHLIN INVEST, TNFO, QUVADEC
since 2021 · until 2027
Lid van de toezichtsraad · represented by Bernard De Meester
Also active at: Fremato Equipment, TVH Global
since 2021 · until 2027
Lid van de toezichtsraad · represented by Pascal Vanhalst
Also active at: AALTERPAINT HOLDING, Abriso-Jiffy, WIJNGALERIJ CROMBE, RESILUX, Nordlys Invest, AALTERPAINT, MATECO BELGIUM, PICASSO HOLDING +6 more
since 2023 · until 2029
mateco BV
Lid van de toezichtsraad · represented by Andries Schouten
since 2021 · until 2027
Lid Directiecomité · represented by Forret Stefaan
Also active at: RENTALIFT, Fremato Equipment
since 2023 · until 2029
Shareholders
mateco SARL
50%
LIBRA INVEST SARL
50%
Participations
100%
100%
Establishments
Establishment units
Physical locations of this company
Mannebeekstraat 4
8790 Waregem
Mannebeekstraat 2
8790 Waregem
Active since 1 April 2006
Noorderlaan 608
2030 Antwerpen
Active since 1 November 2013
Avenue Thomas Edison 69
1402 Nivelles
Active since 1 July 2016
Weversstraat 38
1840 Londerzeel
Active since 1 April 2018
Kleine Dries(D) 29
8600 Diksmuide
Active since 1 March 2019
Boterbosstraat 25
3550 Heusden-Zolder
Active since 1 April 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0414.262.650
- VAT number
- BE 0414.262.650
- Registered office
- Mannebeekstraat 4, 8790 Waregem
- Names & denominations
- TVH EQUIPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 May 1974
- Peppol
- Active · Active since 8 Sept 2025
- Activities · NACE
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw
Verhuur van machines en installaties voor de bouwnijverheid
Verhuur van overige transportmiddelen voor vervoer te land
Verhuur en lease van vrachtwagens
Detailhandel in andere motorvoertuigen (> 3,5 ton)