Financials
Financial year 2026
TOYOTA MATERIAL HANDLING EUROPE BRUSSELS from Willebroek, company number BE0878243245, closed financial year 2026 with a result of € 1.6 million after tax. Compared with financial year 2025, the result moved from € 2.3 million to € 1.6 million. The company is profitable. The buffer shrank hard: equity is 73 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 22, 2026.
€ 1.6 million
▼ 73% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.6 million
▼ 29% vs 2025
Profit after tax over the fiscal year.
€ 445,197
▼ 31% vs 2025
Cash and bank balances on the last day of the fiscal year.
€ 6 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2026
90.2
▲ 4.9 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 11.4 million
▲ 6% vs 2025
€ 126,200 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.
€ 90,911
▼ 32% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 5 million
▼ 2% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 187 days on average.
€ 3.3 million
▲ 4% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Profit after taxes | € 1,807,922 | € 2,263,457 | € 2,299,130 | € 1,632,129 | ▼ 29% |
| Equity | € 7,449,964 | € 3,713,421 | € 6,012,551 | € 1,644,680 | ▼ 73% |
| Total debts | € 4,339,528 | € 7,756,111 | € 8,318,813 | € 14,320,483 | ▲ 72% |
| Cash | € 987,603 | € 6,919,398 | € 644,065 | € 445,197 | ▼ 31% |
| Retained profit | € 7,388,464 | € 3,651,921 | € 5,951,051 | € 1,583,180 | ▼ 73% |
| Dividend | € 0 | € 6,000,000 | € 0 | € 6,000,000 | |
| Balance sheet total | € 11,789,491 | € 11,469,532 | € 14,331,364 | € 15,965,162 | ▲ 11% |
| Employees (FTE) | 69.5 | 75.3 | 85.3 | 90.2 | ▲ 4.9 |
Key figures of TOYOTA MATERIAL HANDLING EUROPE BRUSSELS, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to TOYOTA MATERIAL HANDLING EUROPE BRUSSELS?
What happened at TOYOTA MATERIAL HANDLING EUROPE BRUSSELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 1.6 million (▼ 29% vs 2025). Source: NBB ↗
- Ralph Cox stepped down as director. NBB
- Ernesto Dominguez stepped down as director. NBB
- Ralph Cox became a director. NBB
- Ernesto Dominguez became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Willebroek. KBO
In short
From € 1.8 million profit in 2023 to € 1.6 million profit in 2026.
Paid € 3.8 million in corporate taxes since 2023.
Best year ever: 2025, with € 2.3 million profit.
Paid out € 12 million in dividends to the owners in total.
Management
The shares are held by Toyota Industries Europe AB (100%) and Toyota Industries Corporation (0%).
Directors
According to the 2026 annual accounts
Ralph Cox
Director
since 2025 · until 2026
Ernesto Dominguez
Director
since 2025 · until 2026
Shareholders
Toyota Industries Europe AB
100%
Toyota Industries Corporation
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Schoondonkweg 1
2830 Willebroek
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
- 0878.243.245
- VAT number
- BE 0878.243.245
- Registered office
- Schoondonkweg 1, 2830 Willebroek
- Names & denominations
- TOYOTA MATERIAL HANDLING EUROPE BRUSSELS · TMHE BRUSSELS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 2005
- Peppol
- Active · Active since 21 Jan 2026
- Activities · NACE
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Activiteiten van hoofdkantoren
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)