Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
INDUSTRIAL HANDLINGS from Merchtem, company number BE0450009031, closed financial year 2025 with a result of € -97,989 after tax. For that financial year INDUSTRIAL HANDLINGS recorded a gross margin of € 48,589 and equity of € 97,494. Compared with financial year 2024, the result moved from € -8,328 to € -97,989. The company made a loss. The buffer shrank hard: equity is 50 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 20, 2026.
€ 97,494
▼ 50% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -97,989
▼ 1077 % more loss than in 2024
Profit after tax over the fiscal year.
€ 21,873
▼ 66% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 77,494.
People and assets in 2025
2
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 96,289
▼ 16% vs 2024
€ 48,100 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.
€ 117,100
▼ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 89,162
▼ 25% vs 2024
€ 31,023 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 136,957
▲ 149% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,366
▼ 31% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 112,962 | € 115,262 | € 129,203 | € 48,589 | ▼ 62% |
| Profit after taxes | € -590 | € -34,985 | € -8,328 | € -97,989 | ▼ € 89,662 |
| Equity | € 238,797 | € 203,812 | € 195,484 | € 97,494 | ▼ 50% |
| Total debts | € 128,781 | € 104,115 | € 184,856 | € 300,034 | ▲ 62% |
| Cash | € 88,226 | € 78,038 | € 63,604 | € 21,873 | ▼ 66% |
| Retained profit | € 218,797 | € 183,812 | € 175,484 | € 77,494 | ▼ 56% |
| Dividend | € 4,286 | € 0 | € 0 | € 0 | |
| Bank debt | € 10,500 | € 54,263 | € 118,478 | € 89,162 | ▼ 25% |
| Balance sheet total | € 367,578 | € 307,926 | € 380,340 | € 397,529 | ▲ 5% |
| Employees (FTE) | 2.4 | 2.1 | 2.3 | 2 | ▼ 0.3 |
Key figures of INDUSTRIAL HANDLINGS, 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 INDUSTRIAL HANDLINGS?
What happened at INDUSTRIAL HANDLINGS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 97,989. filed late Source: NBB ↗
- MaximO BV became a director. NBB
- New establishment in Merchtem. KBO
- Start of the company according to the CBE. KBO
In short
From € 590 loss in 2022 to € 97,989 loss in 2025.
Paid € 4,997 in corporate taxes since 2022.
On average € 24,300 of value added per employee in 2025.
Paid out € 4,286 in dividends to the owners in total.
Management
Behind INDUSTRIAL HANDLINGS is MaximO BV. The shares are held by MaximO.
Directors
According to the 2025 annual accounts
since 2022
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Preenakker 15
1785 Merchtem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0450.009.031
- VAT number
- BE 0450.009.031
- Registered office
- Preenakker 15, 1785 Merchtem
- Names & denominations
- INDUSTRIAL HANDLINGS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 1993
- Peppol
- Active · Active since 29 Aug 2023
- Contact
- poortcenter.be
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