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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MENNENS BELGIUM from Beveren-Kruibeke-Zwijndrecht, company number BE0434388071, closed financial year 2025 with a result of € 741,970 after tax. For that financial year MENNENS BELGIUM recorded revenue of € 20.9 million and equity of € 3.6 million. Compared with financial year 2024, the result moved from € 1.4 million to € 741,970. 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 June 30, 2026.
€ 3.6 million
▲ 26% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 741,970
▼ 48% vs 2024
Profit after tax over the fiscal year.
€ 444,560
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 14,295 paid out
2 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
54
▲ 4.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.5 million
▲ 17% vs 2024
€ 84,200 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.
€ 136,685
▲ € 117,118 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.9 million
▲ 4% vs 2024
Loans from banks and other lenders, long and short.
€ 3.5 million
▲ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 86 days on average.
€ 519,899
▲ 23% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 18,165,877 | € 19,857,838 | € 21,360,585 | € 20,938,913 | ▼ 2% |
| Profit after taxes | € 1,444,296 | € 1,245,206 | € 1,431,724 | € 741,970 | ▼ 48% |
| Equity | € 1,507,090 | € 1,516,813 | € 2,840,340 | € 3,568,015 | ▲ 26% |
| Total debts | € 5,692,744 | € 7,152,408 | € 5,802,309 | € 6,087,453 | ▲ 5% |
| Cash | € 505,389 | € 125,171 | € 792,597 | € 444,560 | ▼ 44% |
| Retained profit | € 257,090 | € 266,813 | € 1,590,340 | € 2,318,015 | ▲ 46% |
| Dividend | € 1,349,920 | € 1,189,960 | € 48,720 | € 14,295 | ▼ 71% |
| Bank debt | € 0 | € 790,564 | € 1,800,000 | € 1,877,965 | ▲ 4% |
| Balance sheet total | € 7,199,834 | € 8,669,221 | € 8,642,649 | € 9,655,468 | ▲ 12% |
| Employees (FTE) | 46.2 | 48.3 | 49.4 | 54 | ▲ 4.6 |
Key figures of MENNENS BELGIUM, 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 MENNENS BELGIUM?
What happened at MENNENS BELGIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Axel Johnson International stepped down as director. NBB
- Luc Willaert stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 741,970 (▼ 48% vs 2024). Source: NBB ↗
- Axel Johnson International became a director. NBB
- Luc Willaert became a director. NBB
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.4 million profit in 2022 to € 741,970 profit in 2025.
Paid € 1.6 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.4 million profit.
Paid out € 2.6 million in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Axel Johnson International
Director · represented by Stefan Jagelid
since 2025 · until 2030
Luc Willaert
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Nieuwe Weg 1
2070 Beveren-Kruibeke-Zwijndrecht
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
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INSTELLING VOOR BEDRIJFSPENSIOENVOORZIENINGEN INEOS
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Website info
Features
Security
Details
- Company number
- 0434.388.071
- VAT number
- BE 0434.388.071
- Registered office
- Nieuwe Weg 1, 2070 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- MENNENS BELGIUM
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 June 1988
- Peppol
- Active · Active since 8 Dec 2025
- Contact
- mennensbelgium.be
- Activities · NACE
Groothandel in andere machines en werktuigen, neg
Groothandel in andere machines en werktuigen, n.e.g.