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 7 % of short-term debt in 2025; threshold 65 %.
-
Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
BELMACO from Gembloux, company number BE0419802736, closed financial year 2025 with a result of € 124,760 after tax. For that financial year BELMACO recorded a gross margin of € 692,280 and equity of € 170,524. Compared with financial year 2024, the result moved from € 103,526 to € 124,760. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 170,524
▲ 273% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 124,760
▲ 21% vs 2024
Profit after tax over the fiscal year.
€ 17,536
▲ € 15,210 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 € -829,476.
Debts at end 2025
€ 1.9 million
▼ 24% vs 2024
€ 659,381 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 232,547
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,242,573 | € 683,442 | € 711,503 | € 692,280 | ▼ 3% |
| Profit after taxes | € 579,164 | € 45,607 | € 103,526 | € 124,760 | ▲ 21% |
| Equity | € -103,369 | € -57,762 | € 45,764 | € 170,524 | ▲ 273% |
| Total debts | € 5,049,309 | € 4,751,717 | € 4,223,692 | € 3,617,695 | ▼ 14% |
| Cash | € 220,270 | € 224,391 | € 2,327 | € 17,536 | ▲ € 15,210 |
| Land & buildings | € 4,529,258 | € 4,179,234 | € 3,801,341 | € 3,424,911 | ▼ 10% |
| Retained profit | € -1,103,369 | € -1,057,762 | € -954,236 | € -829,476 | ▲ € 124,760 |
| Bank debt | € 4,084,168 | € 3,098,362 | € 2,534,799 | € 1,921,793 | ▼ 24% |
| Balance sheet total | € 4,945,940 | € 4,693,954 | € 4,269,456 | € 3,788,219 | ▼ 11% |
Key figures of BELMACO, 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 BELMACO?
What happened at BELMACO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MECHAN INTERNATIONAL SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 124,760 (▲ 21% vs 2024). Source: NBB ↗
- Ronald Ruesink stepped down as director. NBB
- MECHAN INTERNATIONAL SRL became a director. NBB
- Ronald Ruesink became a director. NBB
- New establishment in Gembloux. KBO
- Start of the company according to the CBE. KBO
In short
From € 579,164 profit in 2022 to € 124,760 profit in 2025.
Best year ever: 2022, with € 579,164 profit.
Management
Directors
According to the 2025 annual accounts
since 2022 · until 2026
Managing director · represented by Ronald SLAATS
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Rue des Praules, Sauv. 3
5030 Gembloux
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0419.802.736
- VAT number
- BE 0419.802.736
- Registered office
- Rue des Praules, Sauv. 3, 5030 Gembloux
- Names & denominations
- BELMACO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 October 1979
- Peppol
- Active · Active since 2 Feb 2026
- Activities · NACE
Groothandel in gereedschapswerktuigen
Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen
Detailhandel in andere motorvoertuigen (> 3,5 ton)
Handelsbemiddeling in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen