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.
€ 3 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 693,102
▲ 31% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2 million.
People and assets in 2025
40.9
▲ 3.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 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.
€ 424,731
▲ 57% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 246,597
▲ 53% vs 2024
€ 67,597 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 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.
€ 1.1 million
▲ 29% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 18,631,478 | € 22,125,738 | € 25,302,226 | € 25,252,218 | |
| Profit after taxes | € 168,975 | € 793,278 | € 528,067 | € 693,102 | ▲ 31% |
| Equity | € 1,540,930 | € 2,334,208 | € 2,862,276 | € 2,998,793 | ▲ 5% |
| Total debts | € 7,286,562 | € 10,889,911 | € 6,891,313 | € 6,054,472 | ▼ 12% |
| Cash | € 741,339 | € 2,069,926 | € 1,271,585 | € 1,263,756 | ▼ 1% |
| Land & buildings | € 145,000 | € 145,000 | € 145,000 | € 0 | ▼ 100% |
| Retained profit | € 328,930 | € 1,122,208 | € 1,650,276 | € 1,992,903 | ▲ 21% |
| Bank debt | € 562,995 | € 485,227 | € 160,908 | € 246,597 | ▲ 53% |
| Balance sheet total | € 8,827,492 | € 13,224,119 | € 9,753,589 | € 9,053,265 | ▼ 7% |
| Employees (FTE) | 33.1 | 33.7 | 37.6 | 40.9 | ▲ 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:
- New annual accounts for financial year 2025: profit of € 693,102 (▲ 31% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- 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.
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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 stake of OPTIMAT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Vens & Thiers MachinesBehind 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
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
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 →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
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Groothandel in andere machines en werktuigen, n.e.g.