What does AS Mechanics do?

AS Mechanics is a machinery manufacturer in Nieuwerkerken (Limb.). Private Limited, started on 5 July 1999, 1 establishment.

What is the address of AS Mechanics?

The registered office of AS Mechanics is located at Ambachtstraat 1121, 3850 Nieuwerkerken (Limb.).

Is AS Mechanics still active?

Yes. According to the CBE (2 November 2026) AS Mechanics is active, legal situation “Normale toestand”, started on 5 July 1999.

Is AS Mechanics registered on Peppol?

Yes, AS Mechanics is registered on the Peppol network with ID 0208:0466436673.

What is the enterprise number of AS Mechanics?

The enterprise number of AS Mechanics is BE0466436673.

When was AS Mechanics founded?

AS Mechanics was founded on 5 July 1999.

Who are the directors of AS Mechanics?

According to the 2025 annual accounts, the directors of AS Mechanics are: Martijn Raemakers, Maarten Raemakers.

Is AS Mechanics a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 5 July 1999; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did AS Mechanics make in 2025?

AS Mechanics posted a profit after taxes of € 168,924 in financial year 2025.

What is the revenue of AS Mechanics?

As a small company, AS Mechanics is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,104,558.

How much does an employee at AS Mechanics earn?

The average wage cost per full-time employee at AS Mechanics was € 59,500 in 2025: staff costs of € 832,481 for 14 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does AS Mechanics have?

According to the 2025 annual accounts, AS Mechanics has 14 full-time equivalents (FTE).

AS Mechanics (Private Limited) - Nieuwerkerken (Limb.)

Dossier AS Mechanics, printed on 2 November 2026 from databakkes.be/en/0466436673/as-mechanics. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

AS Mechanics from Nieuwerkerken (Limb.), company number BE0466436673, closed financial year 2025 with a result of € 168,924 after tax. For that financial year AS Mechanics recorded a gross margin of € 1.1 million and equity of € 688,988. Compared with financial year 2024, the result moved from € 138,453 to € 168,924. 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 8, 2026.

What it is worth Growing

€ 688,988

▲ 8% vs 2024

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

Profit Growing

€ 168,924

▲ 22% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 287,569

▲ 29% vs 2024

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

Where the profit goes Pays out

€ 119,500 paid out

71 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

▲ 1.3 vs 2024

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

Wage cost

€ 832,481

▲ 27% vs 2024

€ 59,500 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

€ 136,654

▲ 226% vs 2024

Of which on lease € 106,428.

Debts at end 2025

Bank debt ≈ 4 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.

€ 194,052

▲ 228% vs 2024

€ 46,020 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 164,198

▲ 6% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 95,053

▲ 73% 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
Gross margin	€ 730,506 Gross margin 2022: € 730,506 First fiscal year in the series	€ 770,778 Gross margin 2023: € 770,778 ▲ 6% vs 2022 (€ 730,506) Favourable step	€ 880,442 Gross margin 2024: € 880,442 ▲ 14% vs 2023 (€ 770,778) Favourable step	€ 1,104,558 Gross margin 2025: € 1,104,558 ▲ 25% vs 2024 (€ 880,442) Favourable step	▲ 25%
Profit after taxes	€ 148,940 Profit after taxes 2022: € 148,940 First fiscal year in the series	€ 171,884 Profit after taxes 2023: € 171,884 ▲ 15% vs 2022 (€ 148,940) Favourable step	€ 138,453 Profit after taxes 2024: € 138,453 ▼ 19% vs 2023 (€ 171,884) Unfavourable step	€ 168,924 Profit after taxes 2025: € 168,924 ▲ 22% vs 2024 (€ 138,453) Favourable step	▲ 22%
Equity	€ 574,427 Equity 2022: € 574,427 First fiscal year in the series	€ 602,311 Equity 2023: € 602,311 ▲ 5% vs 2022 (€ 574,427) Favourable step	€ 639,564 Equity 2024: € 639,564 ▲ 6% vs 2023 (€ 602,311) Favourable step	€ 688,988 Equity 2025: € 688,988 ▲ 8% vs 2024 (€ 639,564) Favourable step	▲ 8%
Total debts	€ 469,922 Total debts 2022: € 469,922 First fiscal year in the series	€ 495,841 Total debts 2023: € 495,841 ▲ 6% vs 2022 (€ 469,922) Unfavourable step	€ 372,108 Total debts 2024: € 372,108 ▼ 25% vs 2023 (€ 495,841) Favourable step	€ 584,166 Total debts 2025: € 584,166 ▲ 57% vs 2024 (€ 372,108) Unfavourable step	▲ 57%
Cash	€ 214,069 Cash 2022: € 214,069 First fiscal year in the series	€ 208,382 Cash 2023: € 208,382 ▼ 3% vs 2022 (€ 214,069) Unfavourable step	€ 223,384 Cash 2024: € 223,384 ▲ 7% vs 2023 (€ 208,382) Favourable step	€ 287,569 Cash 2025: € 287,569 ▲ 29% vs 2024 (€ 223,384) Favourable step	▲ 29%
Land & buildings	€ 12,872 Land & buildings 2022: € 12,872 First fiscal year in the series	€ 19,164 Land & buildings 2023: € 19,164 ▲ 49% vs 2022 (€ 12,872) Unchanged	€ 20,170 Land & buildings 2024: € 20,170 ▲ 5% vs 2023 (€ 19,164) Unchanged	€ 22,128 Land & buildings 2025: € 22,128 ▲ 10% vs 2024 (€ 20,170) Unchanged	▲ 10%
Retained profit	€ 555,827 Retained profit 2022: € 555,827 First fiscal year in the series	€ 583,711 Retained profit 2023: € 583,711 ▲ 5% vs 2022 (€ 555,827) Favourable step	€ 620,964 Retained profit 2024: € 620,964 ▲ 6% vs 2023 (€ 583,711) Favourable step	€ 670,388 Retained profit 2025: € 670,388 ▲ 8% vs 2024 (€ 620,964) Favourable step	▲ 8%
Dividend	€ 125,000 Dividend 2022: € 125,000 First fiscal year in the series	€ 144,000 Dividend 2023: € 144,000 ▲ 15% vs 2022 (€ 125,000) Unchanged	€ 101,200 Dividend 2024: € 101,200 ▼ 30% vs 2023 (€ 144,000) Unchanged	€ 119,500 Dividend 2025: € 119,500 ▲ 18% vs 2024 (€ 101,200) Unchanged	▲ 18%
Bank debt	€ 128,451 Bank debt 2022: € 128,451 First fiscal year in the series	€ 94,027 Bank debt 2023: € 94,027 ▼ 27% vs 2022 (€ 128,451) Favourable step	€ 59,150 Bank debt 2024: € 59,150 ▼ 37% vs 2023 (€ 94,027) Favourable step	€ 194,052 Bank debt 2025: € 194,052 ▲ 228% vs 2024 (€ 59,150) Unfavourable step	▲ 228%
Balance sheet total	€ 1,044,349 Balance sheet total 2022: € 1,044,349 First fiscal year in the series	€ 1,098,152 Balance sheet total 2023: € 1,098,152 ▲ 5% vs 2022 (€ 1,044,349) Unchanged	€ 1,011,671 Balance sheet total 2024: € 1,011,671 ▼ 8% vs 2023 (€ 1,098,152) Unchanged	€ 1,273,153 Balance sheet total 2025: € 1,273,153 ▲ 26% vs 2024 (€ 1,011,671) Unchanged	▲ 26%
Employees (FTE)	10 Employees (FTE) 2022: 10 First fiscal year in the series	9.9 Employees (FTE) 2023: 9.9 ▼ 0.1 vs 2022 (10) Unchanged	12.7 Employees (FTE) 2024: 12.7 ▲ 2.8 vs 2023 (9.9) Unchanged	14 Employees (FTE) 2025: 14 ▲ 1.3 vs 2024 (12.7) Unchanged	▲ 1.3

Key figures of AS Mechanics, 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 AS Mechanics?

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

Jul 8, 2026 New annual accounts for financial year 2025: profit of € 168,924 (▲ 22% vs 2024). Source: NBB ↗
Sep 17, 1999 New establishment in Nieuwerkerken (Limb.). KBO
Jul 5, 1999 Start of the company according to the CBE. KBO

In short

From € 148,940 profit in 2022 to € 168,924 profit in 2025.

Paid € 47,962 in corporate taxes since 2022.

Best year ever: 2023, with € 171,884 profit.

On average € 78,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Martijn Raemakers Maarten Raemakers

RAEMAKERS INVEST

AS Mechanics

Behind AS Mechanics are Martijn Raemakers and Maarten Raemakers. The same people are also behind RAEMAKERS INVEST.

Directors

According to the 2025 annual accounts

Martijn Raemakers

Administrator-manager

Also active at: RAEMAKERS INVEST

Maarten Raemakers

Administrator-manager

Also active at: RAEMAKERS INVEST

Establishments

Establishment units

Physical locations of this company

Registered office

Ambachtstraat 1121

3850 Nieuwerkerken (Limb.)

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 →

RAEMAKERS INVEST same network

€ 390,241 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

0466.436.673

VAT number

BE 0466.436.673

Registered office

Ambachtstraat 1121, 3850 Nieuwerkerken (Limb.)

Names & denominations

AS Mechanics

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

5 July 1999

Peppol

Active · Active since 21 Jan 2026

Activities · NACE

Vervaardiging van machines voor de landbouw en de bosbouw

Vervaardiging van overige machines voor de landbouw en de bosbouw

Vervaardiging van overige machines voor algemeen gebruik, n.e.g.

Vervaardiging van overige machines en apparaten voor algemeen gebruik, neg

View on CBE Public ↗ Annual accounts (NBB) ↗

AS Mechanics

Financials

What happened to AS Mechanics?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions