Financials
Financial year 2025
Kanes Machines from Sint-Truiden, company number BE0669617724, closed financial year 2025 with a result of € 344,984 after tax. For that financial year Kanes Machines recorded a gross margin of € 915,732 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 370,082 to € 344,984. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 1.3 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 344,984
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 850,565
▲ 109% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 490,814 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
5.4
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 294,495
▲ 7% vs 2024
€ 54,500 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.
€ 177,916
▲ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 145,299
▲ 1% vs 2024
€ 51,905 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 118,080
▼ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,909
▲ 6% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 555,792 | € 769,514 | € 917,866 | € 915,732 | |
| Profit after taxes | € 206,957 | € 297,542 | € 370,082 | € 344,984 | ▼ 7% |
| Equity | € 903,987 | € 1,183,796 | € 1,478,394 | € 1,332,564 | ▼ 10% |
| Total debts | € 445,462 | € 302,221 | € 320,447 | € 590,161 | ▲ 84% |
| Cash | € 115,973 | € 203,598 | € 407,325 | € 850,565 | ▲ 109% |
| Land & buildings | € 223,143 | € 203,328 | € 183,513 | € 163,698 | ▼ 11% |
| Retained profit | € 897,787 | € 1,177,596 | € 1,472,194 | € 1,326,364 | ▼ 10% |
| Dividend | € 0 | € 17,733 | € 75,483 | € 490,814 | ▲ € 415,331 |
| Bank debt | € 261,387 | € 226,574 | € 143,913 | € 145,299 | ▲ 1% |
| Balance sheet total | € 1,349,449 | € 1,486,017 | € 1,798,841 | € 1,922,725 | ▲ 7% |
| Employees (FTE) | 3.1 | 4.3 | 5.2 | 5.4 | ▲ 0.2 |
Key figures of Kanes Machines, 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 Kanes Machines?
What happened at Kanes Machines in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 344,984 (▼ 7% vs 2024). Source: NBB ↗
- New establishment in Grâce-Hollogne. KBO
- New establishment in Linter. KBO
- Start of the company according to the CBE. KBO
In short
From € 206,957 profit in 2022 to € 344,984 profit in 2025.
Paid € 582,695 in corporate taxes since 2022.
Best year ever: 2024, with € 370,082 profit.
On average € 169,600 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Kanes Machines is Nestor Kazachvili.
Directors
According to the 2025 annual accounts
Nestor Kazachvili
Director
Establishments
Establishment units
Physical locations of this company
Brandhoutstraat 70
3800 Sint-Truiden
Sint-Truidensesteenweg(ORS) 113
3350 Linter
Active since 16 January 2017
Rue de l'Informatique 18
4460 Grâce-Hollogne
Active since 1 January 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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0669.617.724
- VAT number
- BE 0669.617.724
- Registered office
- Brandhoutstraat 70, 3800 Sint-Truiden
- Names & denominations
- Kanes Machines
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 January 2017
- Peppol
- Active · Active since 13 Aug 2025
- Activities · NACE
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Carrosserieherstelling (inclusief spuiten en verven)
Groothandel in andere machines en werktuigen, n.e.g.
Carrosserieherstelling
Handelsbemiddeling in de groothandel in andere specifieke goederen
Groothandel in andere motorvoertuigen (> 3,5 ton)
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
+7