What does KMWE TOOLMANAGERS BELGIË do?

KMWE TOOLMANAGERS BELGIË is a wholesaler in Turnhout. Private Limited, started on 3 July 2008, 1 establishment.

What is the address of KMWE TOOLMANAGERS BELGIË?

The registered office of KMWE TOOLMANAGERS BELGIË is located at Harmoniestraat 52 box 28, 2300 Turnhout.

Is KMWE TOOLMANAGERS BELGIË still active?

No. The CBE lists KMWE TOOLMANAGERS BELGIË with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.

Is KMWE TOOLMANAGERS BELGIË registered on Peppol?

Yes, KMWE TOOLMANAGERS BELGIË is registered on the Peppol network with ID 0208:0899164660.

What is the enterprise number of KMWE TOOLMANAGERS BELGIË?

The enterprise number of KMWE TOOLMANAGERS BELGIË is BE0899164660.

When was KMWE TOOLMANAGERS BELGIË founded?

KMWE TOOLMANAGERS BELGIË was founded on 3 July 2008.

Who are the directors of KMWE TOOLMANAGERS BELGIË?

According to the 2024 annual accounts, the directors of KMWE TOOLMANAGERS BELGIË are: KMWE Toolmanagers.

Is KMWE TOOLMANAGERS BELGIË a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 3 July 2008; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did KMWE TOOLMANAGERS BELGIË make in 2024?

KMWE TOOLMANAGERS BELGIË recorded a loss after taxes of € 37,369 in financial year 2024.

What is the revenue of KMWE TOOLMANAGERS BELGIË?

As a small company, KMWE TOOLMANAGERS BELGIË is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 178,912.

How much does an employee at KMWE TOOLMANAGERS BELGIË earn?

The average wage cost per full-time employee at KMWE TOOLMANAGERS BELGIË was € 61,700 in 2024: staff costs of € 185,100 for 3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does KMWE TOOLMANAGERS BELGIË have?

According to the 2024 annual accounts, KMWE TOOLMANAGERS BELGIË has 3 full-time equivalents (FTE).

KMWE TOOLMANAGERS BELGIË (Private Limited) - Turnhout

Dossier KMWE TOOLMANAGERS BELGIË, printed on 30 October 2026 from databakkes.be/en/0899164660/kmwe-toolmanagers-belgie. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

24 other companies have their registered office at the same address; threshold 10.
Legal situation KBO

Opening faillissement according to the CBE.

Financials

Financial year 2024

KMWE TOOLMANAGERS BELGIË from Turnhout, company number BE0899164660, closed financial year 2024 with a result of € -37,369 after tax. For that financial year KMWE TOOLMANAGERS BELGIË recorded a gross margin of € 178,912 and equity of € 37,123. Compared with financial year 2023, the result moved from € 18,831 to € -37,369. The company made a loss. The buffer shrank hard: equity is 50 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2025.

What it is worth Shrank hard

€ 37,123

▼ 50% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -37,369

▼ still € 18,831 profit in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 8,907

▼ 11% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -602,877.

People and assets in 2024

Full-time equivalents

▲ 0.1 vs 2023

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 185,100

▼ 7% vs 2023

€ 61,700 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

€ 13,854

▼ 69% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt

€ 85,000

▼ 14% vs 2023

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 152,000

▲ 114% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 31,880

▼ 9% vs 2023

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Revenue	€ 1,699,880 Revenue 2021: € 1,699,880 First fiscal year in the series	€ 1,593,948 Revenue 2022: € 1,593,948 ▼ 6% vs 2021 (€ 1,699,880) Unfavourable step	€ 1,114,832 Revenue 2023: € 1,114,832 ▼ 30% vs 2022 (€ 1,593,948) Unfavourable step	-
Gross margin	-	-	-	€ 178,912 Gross margin 2024: € 178,912 First fiscal year in the series
Profit after taxes	€ 15,354 Profit after taxes 2021: € 15,354 First fiscal year in the series	€ 31,644 Profit after taxes 2022: € 31,644 ▲ 106% vs 2021 (€ 15,354) Favourable step	€ 18,831 Profit after taxes 2023: € 18,831 ▼ 40% vs 2022 (€ 31,644) Unfavourable step	€ -37,369 Profit after taxes 2024: € -37,369 ▼ € 56,200 vs 2023 (€ 18,831) Unfavourable step	▼ € 56,200
Equity	€ 24,016 Equity 2021: € 24,016 First fiscal year in the series	€ 55,660 Equity 2022: € 55,660 ▲ 132% vs 2021 (€ 24,016) Favourable step	€ 74,491 Equity 2023: € 74,491 ▲ 34% vs 2022 (€ 55,660) Favourable step	€ 37,123 Equity 2024: € 37,123 ▼ 50% vs 2023 (€ 74,491) Unfavourable step	▼ 50%
Total debts	€ 744,292 Total debts 2021: € 744,292 First fiscal year in the series	€ 330,206 Total debts 2022: € 330,206 ▼ 56% vs 2021 (€ 744,292) Favourable step	€ 328,480 Total debts 2023: € 328,480 ▼ 1% vs 2022 (€ 330,206) Favourable step	€ 275,746 Total debts 2024: € 275,746 ▼ 16% vs 2023 (€ 328,480) Favourable step	▼ 16%
Cash	€ 115,239 Cash 2021: € 115,239 First fiscal year in the series	€ 29,528 Cash 2022: € 29,528 ▼ 74% vs 2021 (€ 115,239) Unfavourable step	€ 10,061 Cash 2023: € 10,061 ▼ 66% vs 2022 (€ 29,528) Unfavourable step	€ 8,907 Cash 2024: € 8,907 ▼ 11% vs 2023 (€ 10,061) Unfavourable step	▼ 11%
Land & buildings	€ 2,337 Land & buildings 2021: € 2,337 First fiscal year in the series	€ 1,948 Land & buildings 2022: € 1,948 ▼ 17% vs 2021 (€ 2,337) Unchanged	€ 1,558 Land & buildings 2023: € 1,558 ▼ 20% vs 2022 (€ 1,948) Unchanged	€ 1,169 Land & buildings 2024: € 1,169 ▼ 25% vs 2023 (€ 1,558) Unchanged	▼ 25%
Retained profit	€ -615,984 Retained profit 2021: € -615,984 First fiscal year in the series	€ -584,340 Retained profit 2022: € -584,340 ▲ € 31,644 vs 2021 (€ -615,984) Favourable step	€ -565,509 Retained profit 2023: € -565,509 ▲ € 18,831 vs 2022 (€ -584,340) Favourable step	€ -602,877 Retained profit 2024: € -602,877 ▼ € 37,369 vs 2023 (€ -565,509) Unfavourable step	▼ € 37,369
Bank debt	€ 325,438 Bank debt 2021: € 325,438 First fiscal year in the series	€ 218,489 Bank debt 2022: € 218,489 ▼ 33% vs 2021 (€ 325,438) Favourable step	€ 98,442 Bank debt 2023: € 98,442 ▼ 55% vs 2022 (€ 218,489) Favourable step	€ 85,000 Bank debt 2024: € 85,000 ▼ 14% vs 2023 (€ 98,442) Favourable step	▼ 14%
Balance sheet total	€ 768,308 Balance sheet total 2021: € 768,308 First fiscal year in the series	€ 385,867 Balance sheet total 2022: € 385,867 ▼ 50% vs 2021 (€ 768,308) Unchanged	€ 402,971 Balance sheet total 2023: € 402,971 ▲ 4% vs 2022 (€ 385,867) Unchanged	€ 312,869 Balance sheet total 2024: € 312,869 ▼ 22% vs 2023 (€ 402,971) Unchanged	▼ 22%
Employees (FTE)	5.7 Employees (FTE) 2021: 5.7 First fiscal year in the series	4.3 Employees (FTE) 2022: 4.3 ▼ 1.4 vs 2021 (5.7) Unchanged	2.9 Employees (FTE) 2023: 2.9 ▼ 1.4 vs 2022 (4.3) Unchanged	3 Employees (FTE) 2024: 3 ▲ 0.1 vs 2023 (2.9) Unchanged	▲ 0.1

Key figures of KMWE TOOLMANAGERS BELGIË, 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 KMWE TOOLMANAGERS BELGIË?

What happened at KMWE TOOLMANAGERS BELGIË in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

KMWE TOOLMANAGERS BELGIË is active according to the CBE. Legal situation: Opening faillissement.

Jul 22, 2025 New annual accounts for financial year 2024: loss of € 37,369 (▼ € 56,200 vs 2023). Source: NBB ↗
Jul 3, 2008 New establishment in Turnhout. KBO
2008 KMWE Toolmanagers became a director. NBB
Jul 3, 2008 Start of the company according to the CBE. KBO

In short

From € 15,354 profit in 2021 to € 37,369 loss in 2024.

Paid € 9,497 in corporate taxes since 2021.

Best year ever: 2022, with € 31,644 profit.

On average € 59,600 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

KMWE Toolmanagers

KMWE TOOLMANAGERS BELGIË

Behind KMWE TOOLMANAGERS BELGIË is KMWE Toolmanagers.

Directors

According to the 2024 annual accounts

KMWE Toolmanagers

Director · represented by Michiels CORNELIS

since 2008

Establishments

Establishment units

Physical locations of this company

Registered office

Harmoniestraat 52 box 28

2300 Turnhout

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0899.164.660

VAT number

BE 0899.164.660

Registered office

Harmoniestraat 52 bus 28, 2300 Turnhout

Names & denominations

KMWE TOOLMANAGERS BELGIË

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Opening faillissement

Start date

3 July 2008

Peppol

Active · Active since 14 Oct 2025

Activities · NACE

Groothandel in gereedschapswerktuigen

Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen

Vervaardiging van gereedschap, muv vormkasten en gietvormen

Reparatie en onderhoud van machines

Vervaardiging van gereedschap, m.u.v. vormkasten en gietvormen

View on CBE Public ↗ Annual accounts (NBB) ↗

KMWE TOOLMANAGERS BELGIË

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Financials

What happened to KMWE TOOLMANAGERS BELGIË?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions