What does KONECRANES do?

KONECRANES is a wholesaler in Lummen. Public Limited, started on 26 June 1992, 3 establishments.

What is the address of KONECRANES?

The registered office of KONECRANES is located at Bosstraat 75 box 2, 3560 Lummen.

Is KONECRANES still active?

Yes. According to the CBE (30 October 2026) KONECRANES is active, legal situation “Normale toestand”, started on 26 June 1992.

Is KONECRANES registered on Peppol?

Yes, KONECRANES is registered on the Peppol network with ID 0208:0447730620.

What is the enterprise number of KONECRANES?

The enterprise number of KONECRANES is BE0447730620.

When was KONECRANES founded?

KONECRANES was founded on 26 June 1992.

Who are the directors of KONECRANES?

According to the 2025 annual accounts, the directors of KONECRANES are: Timothy Andrew Spencer, Onni Koivu, Petrus Hurkmans.

Is KONECRANES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 June 1992; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 3 establishments in the CBE.

How much profit did KONECRANES make in 2025?

KONECRANES recorded a loss after taxes of € 465,508 in financial year 2025.

What is the revenue of KONECRANES?

In its most recent annual accounts (2025), KONECRANES reported revenue of € 23,419,129.

How much does an employee at KONECRANES earn?

The average wage cost per full-time employee at KONECRANES was € 115,700 in 2025: staff costs of € 7.3 million for 63.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does KONECRANES have?

According to the 2025 annual accounts, KONECRANES has 63.4 full-time equivalents (FTE).

KONECRANES (Public Limited) - Lummen - BE0447730620

Dossier KONECRANES, printed on 30 October 2026 from databakkes.be/en/0447730620/konecranes. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

KONECRANES from Lummen, company number BE0447730620, closed financial year 2025 with a result of € -465,508 after tax. For that financial year KONECRANES recorded revenue of € 23.4 million and equity of € 2.5 million. Compared with financial year 2024, the result moved from € 644,723 to € -465,508. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.

What it is worth Healthy

€ 2.5 million

▼ 16% vs 2024

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

Loss Caution

€ -465,508

▼ still € 644,723 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1.4 million

▲ 39% vs 2024

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 1.2 million.

People and assets in 2025

Full-time equivalents

63.4

▼ 0.8 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: € 3.8 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 7.3 million

▲ 19% vs 2024

€ 115,700 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

€ 91,994

▲ 39% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 750,000

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 2.9 million

▲ 23% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 61 days on average.

Taxes and wages

€ 1.3 million

▼ 32% 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	€ 24,859,379 Revenue 2022: € 24,859,379 First fiscal year in the series	€ 32,699,265 Revenue 2023: € 32,699,265 ▲ 32% vs 2022 (€ 24,859,379) Favourable step	€ 21,906,483 Revenue 2024: € 21,906,483 ▼ 33% vs 2023 (€ 32,699,265) Unfavourable step	€ 23,419,129 Revenue 2025: € 23,419,129 ▲ 7% vs 2024 (€ 21,906,483) Favourable step	▲ 7%
Profit after taxes	€ 1,090,786 Profit after taxes 2022: € 1,090,786 First fiscal year in the series	€ 2,249,580 Profit after taxes 2023: € 2,249,580 ▲ 106% vs 2022 (€ 1,090,786) Favourable step	€ 644,723 Profit after taxes 2024: € 644,723 ▼ 71% vs 2023 (€ 2,249,580) Unfavourable step	€ -465,508 Profit after taxes 2025: € -465,508 ▼ € 1.1 million vs 2024 (€ 644,723) Unfavourable step	▼ € 1.1 million
Equity	€ 2,977,305 Equity 2022: € 2,977,305 First fiscal year in the series	€ 3,796,685 Equity 2023: € 3,796,685 ▲ 28% vs 2022 (€ 2,977,305) Favourable step	€ 2,974,978 Equity 2024: € 2,974,978 ▼ 22% vs 2023 (€ 3,796,685) Unfavourable step	€ 2,509,469 Equity 2025: € 2,509,469 ▼ 16% vs 2024 (€ 2,974,978) Unfavourable step	▼ 16%
Total debts	€ 9,000,389 Total debts 2022: € 9,000,389 First fiscal year in the series	€ 7,204,247 Total debts 2023: € 7,204,247 ▼ 20% vs 2022 (€ 9,000,389) Favourable step	€ 7,222,807 Total debts 2024: € 7,222,807 Unchanged (€ 7,204,247) Unfavourable step	€ 5,411,479 Total debts 2025: € 5,411,479 ▼ 25% vs 2024 (€ 7,222,807) Favourable step	▼ 25%
Cash	€ 1,526,748 Cash 2022: € 1,526,748 First fiscal year in the series	€ 3,486,873 Cash 2023: € 3,486,873 ▲ 128% vs 2022 (€ 1,526,748) Favourable step	€ 983,429 Cash 2024: € 983,429 ▼ 72% vs 2023 (€ 3,486,873) Unfavourable step	€ 1,364,870 Cash 2025: € 1,364,870 ▲ 39% vs 2024 (€ 983,429) Favourable step	▲ 39%
Land & buildings	€ 318,863 Land & buildings 2022: € 318,863 First fiscal year in the series	€ 264,235 Land & buildings 2023: € 264,235 ▼ 17% vs 2022 (€ 318,863) Unchanged	€ 209,607 Land & buildings 2024: € 209,607 ▼ 21% vs 2023 (€ 264,235) Unchanged	€ 154,979 Land & buildings 2025: € 154,979 ▼ 26% vs 2024 (€ 209,607) Unchanged	▼ 26%
Retained profit	€ 1,705,145 Retained profit 2022: € 1,705,145 First fiscal year in the series	€ 2,524,525 Retained profit 2023: € 2,524,525 ▲ 48% vs 2022 (€ 1,705,145) Favourable step	€ 1,702,818 Retained profit 2024: € 1,702,818 ▼ 33% vs 2023 (€ 2,524,525) Unfavourable step	€ 1,237,309 Retained profit 2025: € 1,237,309 ▼ 27% vs 2024 (€ 1,702,818) Unfavourable step	▼ 27%
Dividend	€ 1,001,140 Dividend 2022: € 1,001,140 First fiscal year in the series	€ 1,430,200 Dividend 2023: € 1,430,200 ▲ 43% vs 2022 (€ 1,001,140) Unchanged	€ 1,430,200 Dividend 2024: € 1,430,200 Unchanged (€ 1,430,200) Unchanged	€ 0 Dividend 2025: € 0 ▼ 100% vs 2024 (€ 1,430,200) Unchanged	▼ 100%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 1,550,000 Bank debt 2023: € 1,550,000 Unchanged (€ 0) Unfavourable step	€ 0 Bank debt 2024: € 0 ▼ 100% vs 2023 (€ 1,550,000) Favourable step	€ 750,000 Bank debt 2025: € 750,000 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 12,149,993 Balance sheet total 2022: € 12,149,993 First fiscal year in the series	€ 11,288,481 Balance sheet total 2023: € 11,288,481 ▼ 7% vs 2022 (€ 12,149,993) Unchanged	€ 10,452,828 Balance sheet total 2024: € 10,452,828 ▼ 7% vs 2023 (€ 11,288,481) Unchanged	€ 8,177,567 Balance sheet total 2025: € 8,177,567 ▼ 22% vs 2024 (€ 10,452,828) Unchanged	▼ 22%
Employees (FTE)	68 Employees (FTE) 2022: 68 First fiscal year in the series	65.6 Employees (FTE) 2023: 65.6 ▼ 2.4 vs 2022 (68) Unchanged	64.2 Employees (FTE) 2024: 64.2 ▼ 1.4 vs 2023 (65.6) Unchanged	63.4 Employees (FTE) 2025: 63.4 ▼ 0.8 vs 2024 (64.2) Unchanged	▼ 0.8

Key figures of KONECRANES, 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 KONECRANES?

What happened at KONECRANES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 Onni Koivu stepped down as director. NBB
2030 Petrus Hurkmans stepped down as director. NBB
Jul 9, 2026 New annual accounts for financial year 2025: loss of € 465,508 (▼ € 1.1 million vs 2024). Source: NBB ↗
2025 Onni Koivu became a director. NBB
2025 Petrus Hurkmans became a director. NBB
2025 Timothy Andrew Spencer became a director. NBB
Jul 1, 2018 New establishment in Floreffe. KBO
Jan 1, 2009 New establishment in Antwerpen. KBO

In short

From € 1.1 million profit in 2022 to € 465,508 loss in 2025.

Paid € 1.6 million in corporate taxes since 2022.

Best year ever: 2023, with € 2.2 million profit.

Paid out € 3.9 million in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

Konecranes Holding

KCI Holding France

KONECRANES

Behind KONECRANES is Timothy Andrew Spencer. The shares are held by Konecranes Holding and KCI Holding France.

Directors

According to the 2025 annual accounts

Timothy Andrew Spencer

Director

since 2025

Onni Koivu

Director

since 2025 · until 2030

Petrus Hurkmans

Director

since 2025 · until 2030

Shareholders

Konecranes Holding

KCI Holding France

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Bosstraat 75 box 2

3560 Lummen

2.176.616.949

Vosseschijnstraat 98

2030 Antwerpen

Active since 1 January 2009

2.281.720.112

Rue des Artisans 30

5150 Floreffe

Active since 1 July 2018

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

JK Vloerverwarming

€ 205,347 gross margin · 2025

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

Details

Company number

0447.730.620

VAT number

BE 0447.730.620

Registered office

Bosstraat 75 bus 2, 3560 Lummen

Names & denominations

KONECRANES

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

26 June 1992

Peppol

Active · Active since 24 Aug 2022

Activities · NACE

Groothandel in hijs-, hef- en transportwerktuigen

Groothandel in andere machines en werktuigen, neg

Groothandel in vervoermiddelen met uitzondering van auto's, motorrijwielen en rijwielen, in meetapparaten en -instrumenten, in navigatieapparatuur en andere diverse machines en uitrusting voor de nijv

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

View on CBE Public ↗ Annual accounts (NBB) ↗

KONECRANES

Financials

What happened to KONECRANES?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions