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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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2024; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
Financials
Financial year 2024
USED CONSTRUCTION EQUIPMENT TRADING from Oostkamp, company number BE0894210831, closed financial year 2024 with a result of € 493,036 after tax. For that financial year USED CONSTRUCTION EQUIPMENT TRADING recorded a gross margin of € 1.4 million and equity of € 2.2 million. Compared with financial year 2023, the result moved from € 470,578 to € 493,036. 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 October 31, 2025.
€ 2.2 million
▲ 29% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 493,036
▲ 5% vs 2023
Profit after tax over the fiscal year.
€ 215,672
▼ 68% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 2.2 million.
People and assets in 2024
5
▲ 0.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 269,886
▲ 9% vs 2023
€ 54,000 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.
€ 57,288
▼ 37% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2.6 million
▲ 57% vs 2023
€ 214,382 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 146,703
▲ 188% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 561,690
▲ 64% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 691,040 | € 584,888 | € 1,257,502 | € 1,419,376 | ▲ 13% |
| Profit after taxes | € 206,917 | € 186,370 | € 470,578 | € 493,036 | ▲ 5% |
| Equity | € 1,043,160 | € 1,229,529 | € 1,700,108 | € 2,193,144 | ▲ 29% |
| Total debts | € 3,763,816 | € 4,354,674 | € 3,692,804 | € 3,840,042 | ▲ 4% |
| Cash | € 318,836 | € 117,107 | € 669,418 | € 215,672 | ▼ 68% |
| Land & buildings | € 0 | - | - | € 1,148,383 | |
| Retained profit | € 1,030,760 | € 1,217,129 | € 1,687,708 | € 2,180,744 | ▲ 29% |
| Bank debt | € 1,580,177 | € 1,099,515 | € 1,669,962 | € 2,628,166 | ▲ 57% |
| Balance sheet total | € 4,806,976 | € 5,584,203 | € 5,392,911 | € 6,033,186 | ▲ 12% |
| Employees (FTE) | 3.1 | 2.8 | 4.5 | 5 | ▲ 0.5 |
Key figures of USED CONSTRUCTION EQUIPMENT TRADING, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to USED CONSTRUCTION EQUIPMENT TRADING?
What happened at USED CONSTRUCTION EQUIPMENT TRADING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 493,036 (▲ 5% vs 2023). filed late Source: NBB ↗
- New establishment in Oostkamp. KBO
- New establishment in Oostkamp. KBO
- Start of the company according to the CBE. KBO
In short
From € 206,917 profit in 2021 to € 493,036 profit in 2024.
Paid € 661,360 in corporate taxes since 2021.
Best year ever: 2024, with € 493,036 profit.
On average € 283,900 of value added per employee in 2024.
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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 USED CONSTRUCTION EQUIPMENT TRADING are Jan De Muynck and Stefaan Soenen. Stefaan Soenen is also behind SOENEN, SOENEN-DEQUAE, HET WITTE PAARD, PERRON51 and DE LISDODDE.
Directors
According to the 2024 annual accounts
Jan De Muynck
Director
Stefaan Soenen
Director
Also active at: SOENEN, SOENEN-DEQUAE, HET WITTE PAARD, PERRON51, DE LISDODDE
Establishments
Establishment units
Physical locations of this company
Pastorieplein 6 box 2-3
8020 Oostkamp
Brugsestraat 192 box A
8020 Oostkamp
Active since 1 January 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0894.210.831
- VAT number
- BE 0894.210.831
- Registered office
- Pastorieplein 6 bus 2-3, 8020 Oostkamp
- Names & denominations
- USED CONSTRUCTION EQUIPMENT TRADING · UCE TRADING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 December 2007
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
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