Active · per the CBE, 17 September 2026

AS Mechanics

BE0466436673

Rechtspersoon Private limited company 1 establishment

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

Ambachtstraat 1121, 3850 Nieuwerkerken (Limb.)

Behind the company: Martijn Raemakers, Maarten Raemakers.

Active for

27 year, 2 months

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

14

▲ 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

€ 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.

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Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 730,506 € 770,778 € 880,442 € 1,104,558 ▲ 25%
Profit after taxes € 148,940 € 171,884 € 138,453 € 168,924 ▲ 22%
Equity € 574,427 € 602,311 € 639,564 € 688,988 ▲ 8%
Total debts € 469,922 € 495,841 € 372,108 € 584,166 ▲ 57%
Cash € 214,069 € 208,382 € 223,384 € 287,569 ▲ 29%
Land & buildings € 12,872 € 19,164 € 20,170 € 22,128 ▲ 10%
Retained profit € 555,827 € 583,711 € 620,964 € 670,388 ▲ 8%
Dividend € 125,000 € 144,000 € 101,200 € 119,500 ▲ 18%
Bank debt € 128,451 € 94,027 € 59,150 € 194,052 ▲ 228%
Balance sheet total € 1,044,349 € 1,098,152 € 1,011,671 € 1,273,153 ▲ 26%
Employees (FTE) 10 9.9 12.7 14 ▲ 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:

  • New annual accounts for financial year 2025: profit of € 168,924 (▲ 22% vs 2024). Source: NBB ↗
  • New establishment in Nieuwerkerken (Limb.). KBO
  • 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.

Management

Martijn Raemakers Maarten Raemakers
AS Mechanics

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

See the full network in the app

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 →

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

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Vervaardiging van overige machines en apparaten voor algemeen gebruik, neg

Frequently asked questions

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 (17 September 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.