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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
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
KOMATSU EUROPE COORDINATION CENTER from Vilvoorde, company number BE0439082376, closed financial year 2026 with a result of € 18.6 million after tax. For that financial year KOMATSU EUROPE COORDINATION CENTER recorded revenue of € 3.5 million and equity of € 259.7 million. Compared with financial year 2025, the result moved from € 8.5 million to € 18.6 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 259.7 million
▲ 3% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 18.6 million
▲ 120% vs 2025
Profit after tax over the fiscal year.
€ 883,718
▼ 54% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 11.2 million paid out
60 % of the profit went to the shareholders, mostly to Komatsu Europe International N.V. (100 % of the shares). That is where the money ends up.
People and assets in 2026
17.1
▲ 0.6 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 2.1 million
▲ 17% vs 2025
€ 123,300 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.
Debts at end 2026
€ 802.6 million
▲ 2% vs 2025
€ 38.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 547,505
▲ 116% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 121 days on average.
€ 655,262
▼ 27% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 3,358,664 | € 3,071,022 | € 2,946,891 | € 3,452,599 | ▲ 17% |
| Profit after taxes | € 3,316,322 | € 12,680,770 | € 8,481,866 | € 18,648,495 | ▲ 120% |
| Equity | € 237,409,257 | € 246,290,027 | € 252,221,893 | € 259,670,388 | ▲ 3% |
| Total debts | € 906,028,725 | € 975,931,995 | € 795,813,807 | € 817,826,469 | ▲ 3% |
| Cash | € 8,367,096 | € 118,089 | € 1,901,116 | € 883,718 | ▼ 54% |
| Retained profit | € 96,159,257 | € 105,040,027 | € 110,971,893 | € 118,420,388 | ▲ 7% |
| Dividend | € 1,000,000 | € 3,800,000 | € 2,550,000 | € 11,200,000 | ▲ € 8.7 million |
| Bank debt | € 901,091,652 | € 965,258,595 | € 785,393,745 | € 802,598,935 | ▲ 2% |
| Balance sheet total | € 1,143,437,982 | € 1,222,222,023 | € 1,048,035,700 | € 1,077,496,856 | ▲ 3% |
| Employees (FTE) | 15.2 | 16.1 | 16.5 | 17.1 | ▲ 0.6 |
Key figures of KOMATSU EUROPE COORDINATION CENTER, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to KOMATSU EUROPE COORDINATION CENTER?
What happened at KOMATSU EUROPE COORDINATION CENTER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Takayuki Ishikawa stepped down as director. NBB
- Tadashi Maeda stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 18.6 million (▲ 120% vs 2025). Source: NBB ↗
- Michel Martens stepped down as director. NBB
- Takayuki Ishikawa became a director. NBB
- Tadashi Maeda became a director. NBB
- Michel Martens became a director. NBB
- New establishment in Vilvoorde. KBO
In short
From € 3.3 million profit in 2023 to € 18.6 million profit in 2026.
Paid € 14.5 million in corporate taxes since 2023.
Best year ever: 2026, with € 18.6 million profit.
Paid out € 18.6 million in dividends to the owners in total.
A new publication or filing at KOMATSU EUROPE COORDINATION CENTER? 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
The shares are held by Komatsu Europe International N.V. (100%).
Directors
According to the 2026 annual accounts
Michel Martens
Managing director
Also active at: KOMATSU EUROPE INTERNATIONAL, MICHEL J MARTENS, KOMATSU FINANCIAL EUROPE
since 2023 · until 2026
Tadashi Maeda
Chairman of the board
Also active at: KOMATSU EUROPE INTERNATIONAL, KOMATSU FINANCIAL EUROPE
since 2024 · until 2027
Takayuki Ishikawa
Director
since 2025 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Mechelsesteenweg 586
1800 Vilvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
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+5 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
- 0439.082.376
- VAT number
- BE 0439.082.376
- Registered office
- Mechelsesteenweg 586, 1800 Vilvoorde
- Names & denominations
- KOMATSU EUROPE COORDINATION CENTER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 November 1989
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Coördinatiecentra
Activiteiten van hoofdkantoren