Equity
€1.9m ▲ 40.4%
BINAME has made a profit in every financial year since 2006.
BINAME
Lifetime
19 annual accounts with figures on one time axis, 45 filings since 1980peak €968,396 (2014)
€924,553▲ 8.1%
peak €594,718 (2014)
€533,626▲ 4.3%
peak €1.9m (2024)
€1.9m▲ 40.4%
€553,799▲ 1.8%
peak 2 FTE (2017)
2 FTEunchanged
Board1 name since 2021
1 director
Documentsfilings and deeds
09-06-202552 days before the deadline
2024abbreviated format
Equity from €1.3m to €1.9mInvestments €96,254Cash from €670,724 to €966,422
Key points
from the 2024 annual accountsInvestments
€96,254 3.1 × depreciation
Green is investment, beige is depreciation.
Filings
45 annual accounts 105 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,356 companies had the same profile as BINAME has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,356 companies, not a prediction for BINAME. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0420209839
Registered office moved from Dilbeek to Merchtem
New registered office: Koeweidestraat, 46 te 1785 Merchtem · Previous registered office: ROBERT DANSAERTLAAN 250, 1702 DILBEEK · Board meeting of 26-06-2025 · Gazette deed
Registered office moved within Groot-Bijgaarden
New registered office: Robert Dansaertlaan 250, 1702 Groot-Bijgaarden · Previous registered office: Kloosterstraat 184, 1702 Groot-Bijgaarden · Resignation: (manager) · General meeting of 27-06-2022 · Gazette deed
First establishment
Koeweidestraat 46, Merchtem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BINAME Merchtem | €2.4m | €0.9m | 77.0% | 2 |
| ASP Handling Bertem | €3.1m | €0.9m | 72.9% | 2.9 |
| Danfoss Power Solutions Dilbeek | €2.4m | €2.0m | 52.9% | 3.1 |
| Bureau d'Ingénieurs du Groupe Richard Flamée Saint-Nicolas | €2.3m | €0.9m | 77.8% | 3.8 |
| TUVO Ranst | €2.7m | €0.6m | 32.1% | 3.6 |
| VAN BELLE JEAN Ninove | €2.6m | €0.5m | 76.1% | 1.6 |
| CEULEMANS Boechout | €2.9m | €0.5m | 91.0% | 1 |
These companies have the same main activity as BINAME: wholesale of machine tools (NACE 46620). They are comparable in size and age: total assets between €2.3m and €3.1m, founded between 1976 and 1988.
Official details
Source: KBO- Status
- Active since 29-02-1980Normal situation
- Activity
- Wholesale of machine toolsNACE 46620and 1 other
- Establishment unit
- 2.017.355.9161785 Merchtem, since 01-04-1980
- Financial year end
- 31 December
- Peppol
- Reachable since 09-06-2026
Annual accounts 2024
- ≈ €4.7mestimated
- €2.4m▲ 29.1%
- Employeeson 31-12-2024
- 2=
- Filing
- Filed on 09-06-2025
Insights on BINAME
BINAME files the abbreviated format. That format states no turnover. The gross margin rose from €180,618 in 2006 to €924,553 in 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BINAME
- What is the company number of BINAME?
- The company number of BINAME is 0420.209.839. The VAT number is the same number with BE in front: BE 0420.209.839.
- Where is BINAME based?
- The registered office is at Koeweidestraat 46, 1785 Merchtem.Company details
- What does BINAME do?
- According to the KBO register, the main activity is wholesale of machine tools (NACE 46620).
- What is the legal form of BINAME?
- BINAME is a private limited company (BV).
- When was BINAME founded?
- BINAME was founded on 29-02-1980.
- Is BINAME still active?
- Yes, BINAME is an active enterprise in the KBO register.
- How many employees does BINAME have?
- BINAME had an average of 2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of BINAME?
- The turnover in financial year 2024 is ≈ €4.7m. This figure is estimated from the gross margin of €924,553 and 139 comparable companies (NACE 46). It probably lies between €2.9m and €8.0m.
- Is BINAME profitable?
- In financial year 2024, BINAME made a profit of €533,626.
- Where can I find the annual accounts of BINAME?
- BINAME filed 45 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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