Financials
Financial year 2025
HANDSAEME-MACHINERY from Izegem, company number BE0453992860, closed financial year 2025 with a result of € 705,180 after tax. For that financial year HANDSAEME-MACHINERY recorded a gross margin of € 4 million and equity of € 3.4 million. Compared with financial year 2024, the result moved from € 468,988 to € 705,180. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 13, 2026.
€ 3.4 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 705,180
▲ 50% vs 2024
Profit after tax over the fiscal year.
€ 704,332
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 300,000 paid out
43 % of the profit went to the shareholders, mostly to HAMACH (100 % of the shares). That is where the money ends up.
People and assets in 2025
35.6
▼ 2.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.8 million
▲ 1% vs 2024
€ 78,300 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.
€ 269,923
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 108,333
▲ 13% vs 2024
Loans from banks and other lenders, long and short.
€ 1.2 million
▲ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 868,095
▲ 95% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,885,661 | € 4,094,465 | € 3,614,137 | € 3,977,147 | ▲ 10% |
| Profit after taxes | € 878,923 | € 839,758 | € 468,988 | € 705,180 | ▲ 50% |
| Equity | € 3,081,369 | € 3,078,207 | € 3,075,252 | € 3,427,833 | ▲ 11% |
| Total debts | € 2,771,605 | € 2,488,713 | € 1,925,784 | € 2,740,357 | ▲ 42% |
| Cash | € 2,611,947 | € 2,229,572 | € 712,055 | € 704,332 | ▼ 1% |
| Retained profit | € 2,968,763 | € 2,965,602 | € 2,962,647 | € 3,315,227 | ▲ 12% |
| Dividend | € 825,059 | € 783,919 | € 448,293 | € 300,000 | ▼ 33% |
| Bank debt | € 96,000 | € 96,000 | € 96,000 | € 108,333 | ▲ 13% |
| Balance sheet total | € 5,856,035 | € 5,568,891 | € 5,002,021 | € 6,168,190 | ▲ 23% |
| Employees (FTE) | 36.2 | 39 | 38.2 | 35.6 | ▼ 2.6 |
Key figures of HANDSAEME-MACHINERY, 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 HANDSAEME-MACHINERY?
What happened at HANDSAEME-MACHINERY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 705,180 (▲ 50% vs 2024). Source: NBB ↗
- Olivier Jerome Handsaeme became a director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 878,923 profit in 2022 to € 705,180 profit in 2025.
Paid € 694,693 in corporate taxes since 2022.
Best year ever: 2022, with € 878,923 profit.
On average € 111,700 of value added per employee in 2025.
Management
The stake of HAMACH comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HANDSAEME-MACHINERYBehind HANDSAEME-MACHINERY is Olivier Jerome Handsaeme. The shares are held by HAMACH (100%).
Directors
According to the 2025 annual accounts
Olivier Jerome Handsaeme
Director
since 2007
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Abelestraat 102
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0453.992.860
- VAT number
- BE 0453.992.860
- Registered office
- Abelestraat 102, 8870 Izegem
- Names & denominations
- HANDSAEME-MACHINERY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 December 1994
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Vervaardiging van machines voor de productie van textiel, kleding en leer
Activiteiten van holdings
Vervaardiging van machines voor de productie van voedings- en genotmiddelen
Vervaardiging van overige machines en apparaten voor algemeen gebruik, neg
Vervaardiging van machines voor de metallurgie
Groothandel in andere machines en werktuigen, neg
Groothandel in diverse machines en uitrusting voor handel en dienstverlening, n.e.g.
Vervaardiging van andere gereedschapswerktuigen, n.e.g.
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