Financials
Financial year 2025
Worth noting
- Little cash and receivables against the short-term debts.
Gross margin
€ 104,871
▼ 18% vs 2024
Profit
Healthy€ 13,599
▼ 53% vs 2024
Debts
Low€ 563,328
▲ 2% vs 2024
MACHINEBOUW FAGARD from Tongeren-Borgloon, company number BE0424906421, closed financial year 2025 with a result of € 13,599 after tax. For that financial year MACHINEBOUW FAGARD recorded a gross margin of € 104,871 and equity of € 608,449. Compared with financial year 2024, the result moved from € 29,210 to € 13,599. The company is profitable. 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 January 26, 2026.
What happened at MACHINEBOUW FAGARD?
What happened at MACHINEBOUW FAGARD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- FMG-Services stepped down as director. NBB
- Danfag stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 13,599 (▼ 53% vs 2024). Source: NBB ↗
- FMG-Services became a director. NBB
- Danfag became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Tongeren-Borgloon. KBO
In short
From € 19,823 profit in 2022 to € 13,599 profit in 2025.
Paid € 27,749 in corporate taxes since 2022.
Best year ever: 2024, with € 29,210 profit.
On average € 52,400 of value added per employee in 2025.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
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Management
Directors
According to the 2025 annual accounts
Managing director · represented by Michel Fagard
since 2023 · until 2029
Managing director · represented by Danny Fagard
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Gasthuisbosdreef 8
3700 Tongeren-Borgloon
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0424.906.421
- VAT number
- BE 0424.906.421
- Registered office
- Gasthuisbosdreef 8, 3700 Tongeren-Borgloon
- Names & denominations
- MACHINEBOUW FAGARD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 1983
- Peppol
- Active · Active since 5 Jan 2026
- Activities · NACE
Verspanend bewerken van metalen
Algemene metaalbewerking
Vervaardiging van niet-verspanende machines voor de metaalbewerking en van gereedschapswerktuigen voor metaalbewerking
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Groothandel in gereedschapswerktuigen
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Vervaardiging van industriële ovens en branders, inclusief elektrische