Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2023; threshold 65 %.
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Late annual account NBB
Fiscal year 2023 was filed 253 days after the legal deadline.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
CONSTRUCTION MACHINERY SERVICES from Ternat, company number BE0738809705, closed financial year 2023 with a result of € -187,804 after tax. For that financial year CONSTRUCTION MACHINERY SERVICES recorded revenue of € 3.3 million and equity of € -622,449. Compared with financial year 2022, the result moved from € -82,992 to € -187,804. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 10, 2025.
€ -622,449
▼ € 187,804 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -187,804
▼ 126 % more loss than in 2022
Profit after tax over the fiscal year.
€ 238,943
▲ 197% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -632,449.
People and assets in 2023
3.6
▼ 0.4 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 262,343
▲ 6% vs 2022
€ 72,900 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.
€ 67,836
▲ € 62,173 vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 359,983
▲ 50% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 41 days on average.
€ 29,890
▼ 2% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Revenue | € 2,706,590 | € 2,149,487 | € 3,298,704 | ▲ 53% |
| Profit after taxes | € -152,173 | € -82,992 | € -187,804 | ▼ € 104,811 |
| Equity | € -351,653 | € -434,645 | € -622,449 | ▼ € 187,804 |
| Total debts | € 1,169,827 | € 2,625,658 | € 2,824,393 | ▲ 8% |
| Cash | € 198,050 | € 80,416 | € 238,943 | ▲ 197% |
| Retained profit | € -361,653 | € -444,645 | € -632,449 | ▼ € 187,804 |
| Balance sheet total | € 818,174 | € 2,191,013 | € 2,201,944 | |
| Employees (FTE) | 3.8 | 4 | 3.6 | ▼ 0.4 |
Key figures of CONSTRUCTION MACHINERY SERVICES, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to CONSTRUCTION MACHINERY SERVICES?
What happened at CONSTRUCTION MACHINERY SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 187,804. filed late Source: NBB ↗
- New establishment in Ternat. KBO
- Joris Thiels Engineering BV became a director. NBB
- Robert Pieter Jerome van de Water became a director. NBB
- Manon Lubbers became a director. NBB
- Leopold M. Lubbers became a director. NBB
- Start of the company according to the CBE. KBO
- Erik L. Lubbers became a director. NBB
In short
From € 152,173 loss in 2021 to € 187,804 loss in 2023.
Paid € 447 in corporate taxes since 2021.
Pays suppliers within 41 days on average.
Management
Behind CONSTRUCTION MACHINERY SERVICES are Joris Thiels Engineering BV, Robert Pieter Jerome van de Water, Manon Lubbers, Erik L. Lubbers and Leopold M. Lubbers. Erik L. Lubbers is also behind VAN DER SPEK.
Directors
According to the 2023 annual accounts
Director · represented by Joris Thiels
since 2019
Robert Pieter Jerome van de Water
Director
since 2019
Manon Lubbers
Director
since 2019
since 2019
since 2019
Establishments
Establishment units
Physical locations of this company
Industrielaan 10
1740 Ternat
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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0738.809.705
- VAT number
- BE 0738.809.705
- Registered office
- Industrielaan 10, 1740 Ternat
- Names & denominations
- CONSTRUCTION MACHINERY SERVICES · CMS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 2019
- Peppol
- Active · Active since 16 Dec 2025
- Contact
- vanderspek.be
- Activities · NACE
Groothandel in machines voor de mijnbouw, de bouwnijverheid en de weg- en waterbouw