What does Vens & Thiers Machines do?

Vens & Thiers Machines is a wholesaler in Kortrijk. Public Limited, started on 30 May 1990, 1 establishment.

What is the address of Vens & Thiers Machines?

The registered office of Vens & Thiers Machines is located at Waterven(Heu) 12, 8501 Kortrijk.

Is Vens & Thiers Machines still active?

Yes. According to the CBE (29 October 2026) Vens & Thiers Machines is active, legal situation “Normale toestand”, started on 30 May 1990.

Is Vens & Thiers Machines registered on Peppol?

Yes, Vens & Thiers Machines is registered on the Peppol network with ID 0208:0440669020.

What is the enterprise number of Vens & Thiers Machines?

The enterprise number of Vens & Thiers Machines is BE0440669020.

When was Vens & Thiers Machines founded?

Vens & Thiers Machines was founded on 30 May 1990.

Who are the directors of Vens & Thiers Machines?

According to the 2025 annual accounts, the directors of Vens & Thiers Machines are: Patrick Luc Arthur Thiers, ADX CONSULT BV.

Is Vens & Thiers Machines a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 30 May 1990; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did Vens & Thiers Machines make in 2025?

Vens & Thiers Machines posted a profit after taxes of € 693,102 in financial year 2025.

What is the revenue of Vens & Thiers Machines?

In its most recent annual accounts (2025), Vens & Thiers Machines reported revenue of € 25,252,218.

How much does an employee at Vens & Thiers Machines earn?

The average wage cost per full-time employee at Vens & Thiers Machines was € 86,100 in 2025: staff costs of € 3.5 million for 40.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Vens & Thiers Machines have?

According to the 2025 annual accounts, Vens & Thiers Machines has 40.9 full-time equivalents (FTE).

Vens & Thiers Machines (Public Limited) - Kortrijk

Dossier Vens & Thiers Machines, printed on 29 October 2026 from databakkes.be/en/0440669020/vens-thiers-machines. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

Vens & Thiers Machines from Kortrijk, company number BE0440669020, closed financial year 2025 with a result of € 693,102 after tax. For that financial year Vens & Thiers Machines recorded revenue of € 25.3 million and equity of € 3 million. Compared with financial year 2024, the result moved from € 528,067 to € 693,102. 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 January 16, 2026.

What it is worth Growing

€ 3 million

▲ 5% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 693,102

▲ 31% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.3 million

▼ 1% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 2 million.

People and assets in 2025

Full-time equivalents

40.9

▲ 3.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 2.3 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 3.5 million

▲ 5% vs 2024

€ 86,100 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.

Vehicles and equipment

€ 424,731

▲ 57% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 246,597

▲ 53% vs 2024

€ 67,597 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 3.4 million

▲ 10% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 58 days on average.

Taxes and wages

€ 1.1 million

▲ 29% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 18,631,478 Revenue 2022: € 18,631,478 First fiscal year in the series	€ 22,125,738 Revenue 2023: € 22,125,738 ▲ 19% vs 2022 (€ 18,631,478) Favourable step	€ 25,302,226 Revenue 2024: € 25,302,226 ▲ 14% vs 2023 (€ 22,125,738) Favourable step	€ 25,252,218 Revenue 2025: € 25,252,218 Unchanged (€ 25,302,226) Unfavourable step
Profit after taxes	€ 168,975 Profit after taxes 2022: € 168,975 First fiscal year in the series	€ 793,278 Profit after taxes 2023: € 793,278 ▲ € 624,304 vs 2022 (€ 168,975) Favourable step	€ 528,067 Profit after taxes 2024: € 528,067 ▼ 33% vs 2023 (€ 793,278) Unfavourable step	€ 693,102 Profit after taxes 2025: € 693,102 ▲ 31% vs 2024 (€ 528,067) Favourable step	▲ 31%
Equity	€ 1,540,930 Equity 2022: € 1,540,930 First fiscal year in the series	€ 2,334,208 Equity 2023: € 2,334,208 ▲ 51% vs 2022 (€ 1,540,930) Favourable step	€ 2,862,276 Equity 2024: € 2,862,276 ▲ 23% vs 2023 (€ 2,334,208) Favourable step	€ 2,998,793 Equity 2025: € 2,998,793 ▲ 5% vs 2024 (€ 2,862,276) Favourable step	▲ 5%
Total debts	€ 7,286,562 Total debts 2022: € 7,286,562 First fiscal year in the series	€ 10,889,911 Total debts 2023: € 10,889,911 ▲ 49% vs 2022 (€ 7,286,562) Unfavourable step	€ 6,891,313 Total debts 2024: € 6,891,313 ▼ 37% vs 2023 (€ 10,889,911) Favourable step	€ 6,054,472 Total debts 2025: € 6,054,472 ▼ 12% vs 2024 (€ 6,891,313) Favourable step	▼ 12%
Cash	€ 741,339 Cash 2022: € 741,339 First fiscal year in the series	€ 2,069,926 Cash 2023: € 2,069,926 ▲ 179% vs 2022 (€ 741,339) Favourable step	€ 1,271,585 Cash 2024: € 1,271,585 ▼ 39% vs 2023 (€ 2,069,926) Unfavourable step	€ 1,263,756 Cash 2025: € 1,263,756 ▼ 1% vs 2024 (€ 1,271,585) Unfavourable step	▼ 1%
Land & buildings	€ 145,000 Land & buildings 2022: € 145,000 First fiscal year in the series	€ 145,000 Land & buildings 2023: € 145,000 Unchanged (€ 145,000) Unchanged	€ 145,000 Land & buildings 2024: € 145,000 Unchanged (€ 145,000) Unchanged	€ 0 Land & buildings 2025: € 0 ▼ 100% vs 2024 (€ 145,000) Unchanged	▼ 100%
Retained profit	€ 328,930 Retained profit 2022: € 328,930 First fiscal year in the series	€ 1,122,208 Retained profit 2023: € 1,122,208 ▲ 241% vs 2022 (€ 328,930) Favourable step	€ 1,650,276 Retained profit 2024: € 1,650,276 ▲ 47% vs 2023 (€ 1,122,208) Favourable step	€ 1,992,903 Retained profit 2025: € 1,992,903 ▲ 21% vs 2024 (€ 1,650,276) Favourable step	▲ 21%
Bank debt	€ 562,995 Bank debt 2022: € 562,995 First fiscal year in the series	€ 485,227 Bank debt 2023: € 485,227 ▼ 14% vs 2022 (€ 562,995) Favourable step	€ 160,908 Bank debt 2024: € 160,908 ▼ 67% vs 2023 (€ 485,227) Favourable step	€ 246,597 Bank debt 2025: € 246,597 ▲ 53% vs 2024 (€ 160,908) Unfavourable step	▲ 53%
Balance sheet total	€ 8,827,492 Balance sheet total 2022: € 8,827,492 First fiscal year in the series	€ 13,224,119 Balance sheet total 2023: € 13,224,119 ▲ 50% vs 2022 (€ 8,827,492) Unchanged	€ 9,753,589 Balance sheet total 2024: € 9,753,589 ▼ 26% vs 2023 (€ 13,224,119) Unchanged	€ 9,053,265 Balance sheet total 2025: € 9,053,265 ▼ 7% vs 2024 (€ 9,753,589) Unchanged	▼ 7%
Employees (FTE)	33.1 Employees (FTE) 2022: 33.1 First fiscal year in the series	33.7 Employees (FTE) 2023: 33.7 ▲ 0.6 vs 2022 (33.1) Unchanged	37.6 Employees (FTE) 2024: 37.6 ▲ 3.9 vs 2023 (33.7) Unchanged	40.9 Employees (FTE) 2025: 40.9 ▲ 3.3 vs 2024 (37.6) Unchanged	▲ 3.3

Key figures of Vens & Thiers Machines, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.

What happened to Vens & Thiers Machines?

What happened at Vens & Thiers Machines in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jan 16, 2026 New annual accounts for financial year 2025: profit of € 693,102 (▲ 31% vs 2024). Source: NBB ↗
Jul 19, 1995 New establishment in Kortrijk. KBO
May 30, 1990 Start of the company according to the CBE. KBO

In short

From € 168,975 profit in 2022 to € 693,102 profit in 2025.

Paid € 543,784 in corporate taxes since 2022.

Best year ever: 2023, with € 793,278 profit.

Pays suppliers within 58 days on average.

Original PDFs at the National Bank ↗

Management

OPTIMAT 100%

The stake of OPTIMAT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Vens & Thiers Machines

Behind Vens & Thiers Machines are Patrick Luc Arthur Thiers and ADX CONSULT BV. The shares are held by OPTIMAT (100%).

Directors

According to the 2025 annual accounts

Patrick Luc Arthur Thiers

Director

ADX CONSULT BV

Director · represented by Alexis Dirix

Also active at: OPTIMAT, OPTIMAT-GROUP

Shareholders

OPTIMAT

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Waterven(Heu) 12

8501 Kortrijk

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

OPTIMAT same network

€ 408,000 revenue · 2025

OPTIMAT-GROUP same network

€ 745,328 revenue · 2025

Optimat Vastgoed België

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0440.669.020

VAT number

BE 0440.669.020

Registered office

Waterven(Heu) 12, 8501 Kortrijk

Names & denominations

Vens & Thiers Machines

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

30 May 1990

Peppol

Active · Active since 3 Feb 2025

Activities · NACE

Groothandel in gereedschapswerktuigen

Groothandel in andere machines en werktuigen, neg

Groothandel in andere machines en werktuigen, n.e.g.

View on CBE Public ↗ Annual accounts (NBB) ↗

Vens & Thiers Machines

Financials

What happened to Vens & Thiers Machines?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions