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 17.8 to 2.9.
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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 REAL ESTATE from Hasselt, company number BE0421095113, closed financial year 2025 with a result of € 3.2 million after tax. For that financial year MACHIELS REAL ESTATE recorded revenue of € 2.1 million and equity of € 11.2 million. Compared with financial year 2023, the result moved from € -143,885 to € 3.2 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 July 24, 2026.
€ 11.2 million
▲ 40% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.2 million
▲ still € 143,885 loss in 2023
Profit after tax over the fiscal year.
€ 9,500
▼ € 2 million vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 4.5 million.
People and assets in 2025
2.9
▼ 12.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 275,300
▼ 82% vs 2023
€ 94,900 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.
€ 71,168
▼ 72% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 77,551
▼ 56% vs 2023
€ 58,504 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 678,601
▼ 37% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 124 days on average.
€ 39,216
▼ 87% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,548,435 | € 5,938,135 | € 5,687,451 | € 2,108,827 | ▼ 63% |
| Profit after taxes | € 29,908 | € 45,740 | € -143,885 | € 3,213,624 | ▲ € 3.4 million |
| Equity | € 8,125,298 | € 8,171,038 | € 8,026,627 | € 11,246,113 | ▲ 40% |
| Total debts | € 43,429,287 | € 43,997,604 | € 43,959,527 | € 795,367 | ▼ 98% |
| Cash | € 1,763,863 | € 3,575,127 | € 1,994,615 | € 9,500 | ▼ € 2 million |
| Land & buildings | € 4,209,222 | € 4,162,041 | € 3,934,039 | € 3,366,429 | ▼ 14% |
| Retained profit | € 1,338,750 | € 1,384,490 | € 1,240,080 | € 4,491,381 | ▲ 262% |
| Bank debt | € 292,360 | € 370,896 | € 175,432 | € 77,551 | ▼ 56% |
| Balance sheet total | € 52,121,734 | € 52,743,218 | € 52,518,666 | € 13,710,945 | ▼ 74% |
| Employees (FTE) | 18.6 | 17.8 | 15.2 | 2.9 | ▼ 12.3 |
Key figures of MACHIELS REAL ESTATE, fiscal years 2021 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 REAL ESTATE?
What happened at MACHIELS REAL ESTATE 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 € 3.2 million. Source: NBB ↗
- Tom Melotte BV became a director. NBB
- Jemi Consult BV became a director. NBB
- Befas BV became a director. NBB
- New establishment in Hasselt. KBO
In short
From € 29,908 profit in 2021 to € 3.2 million profit in 2025.
Paid € 11,377 in corporate taxes since 2021.
Best year ever: 2025, with € 3.2 million profit.
Pays suppliers within 124 days on average.
Management
The shares are held by JM Construct NV (100%).
Directors
According to the 2025 annual accounts
Director · represented by Tom Melotte
Also active at: Maasland Groefuitbating, Remo - Milieubeheer, Genk Cargo Connect, Machiels, TAMORCO, 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, Machiels, TAMORCO, Waterleau Technics, MATRACO, MAC² SHIPPING +57 more
since 2023 · until 2029
Director · represented by Fabienne Soetaers
Also active at: Maasland Groefuitbating, Remo - Milieubeheer, Machiels, MATRACO, MAC² SHIPPING, MACLEASE, MAC² SOLUTIONS, TELLURIA +34 more
since 2023 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
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
Machiels same network
€ 983,476 revenue · 2025
TAMORCO same network
€ 126,000 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
- 0421.095.113
- VAT number
- BE 0421.095.113
- Registered office
- Ekkelgaarden 16, 3500 Hasselt
- Names & denominations
- MACHIELS REAL ESTATE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 1980
- Peppol
- Active · Active since 5 Aug 2025
- Activities · NACE
Activiteiten van hoofdkantoren
Coördinatiecentra
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur van niet-residentiële gebouwen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen