Result
-€987,405 -€987,405
From profit to loss in 2025, after a profit of €549,887 in 2024.
ECHLIN IMMO
Overview
Lifetime
5 annual accounts with figures on one time axispeak €995,346 (2024)
€595,561▼ 40.2%
lowest -€2.4m (2021)
-€987,405▼ €1.5m
peak €45.3m (2022)
€42.8m▼ 2.3%
€29.5m▲ 34.8%
peak 1 FTE (2022)
0 FTE
Board3 names since 2020
3 directorsBernard DE MEESTER and 2 others
Documentsfilings and deeds
20-05-202672 days before the deadline
2025abbreviated format
Gross margin from €995,346 to €595,561Loss of €987,405Merger proposal: HM COLLECTION takes over MIDEX INTERNATIONAL 25-11Debts from €21.9m to €29.5mInvestments €5.5mCash from €528,058 to €837,544
Key points
from the 2025 annual accountsInvestments
€6.5m 12.0 × depreciation
Green is investment, beige is depreciation. Machinery stands 777.7% higher than in 2024.
Liquidity
9.72 was 70.10 in 2024
Short-term debts rose from €686,802 to €5.1m.
Filings
5 annual accounts 2 late
The 2022 accounts came latest: 70 days after the end of the period.
At the same address
18 companies
Position in the sector
-€987,405
Lower net result than 95% of companies in wholesale trade. Sector median €26,770 · 9,862 companies.
Checked score
88
Excellent
Financially stronger than 50% of large companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 132 companies (NACE 46, large).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.8%▲ +0.1 percentage points vs 05-2025
07-2025: 0.9%▲ +0.1 percentage points vs 06-2025
08-2025: 1.1%▲ +0.2 percentage points vs 07-2025
09-2025: 1.3%▲ +0.2 percentage points vs 08-2025highest value
10-2025: 0.5%▼ -0.8 percentage points vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.5%● unchanged vs 12-2025
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.2%▼ -0.3 percentage points vs 05-2026lowest value
07-2026: 0.2%● unchanged vs 06-2026lowest value
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 9.72, cash €837,544
Founded in 2020
lowers risk
Size: total assets €72.2m
Figures for financial year 2025 (filed on 26-05-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, large). It does better than 76% of them on solvency, 85% on liquidity, 15% on profitability and 26% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 249 companies had the same profile as ECHLIN IMMO has now. Each dot is one company, two years later.
94.0%
were still trading
4.8%
stopped another way
0.8%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ECHLIN IMMO itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 249 companies, not a prediction for ECHLIN IMMO. 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
Credit of up to €3,750,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 9.72 (70.1 in 2024), above the usual 1.5. Short-term debt is 7.1% and cash 1.2% of total assets. 40.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-05-2026, 72 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
72 days early
2024
28 days late
2023
111 days early
2022
70 days late
2021
9 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 19 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 July (4 of the last 5 accounts filed within 79 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Merger proposal: HM COLLECTION takes over MIDEX INTERNATIONAL
The company holds all the shares of MIDEX INTERNATIONAL · Gazette deed
Environmental permit granted
Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning), Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden · Waregem
Merger proposal: HM COLLECTION takes over MIDEX INTERNATIONAL
The company holds all the shares of MIDEX INTERNATIONAL · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0753776013
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ECHLIN IMMO Waregem | - | - | 59.2% | 0 |
| CAREA Genappe | - | - | 39.2% | - |
| LIMACO BELGIUM Londerzeel | - | - | 53.4% | - |
| Ssangyong Motors Middle Europe Mechelen | €37.0m | 2.5% | 5.1% | 2.8 |
| ISUZU BENELUX Mechelen | €47.5m | 5.7% | 36.1% | 1.2 |
| ETHIAS LEASE Hasselt | - | - | 3.2% | 10.2 |
| LOTUS CARS BELGIUM Ixelles | €45.7m | 1.7% | 6.9% | 5 |
These companies have the same main activity as ECHLIN IMMO: wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711). They are comparable in size and age: total assets between €7.8m and €75m, founded between 2004 and 2024.
Official details
Source: KBO- Status
- Active since 07-09-2020Normal situation
- Registered office
- 19 active companies are registered at this addressSource: KBO register, as of 7 November 2026.
- Activity
- Wholesale of cars and light vans (up to 3.5 tonnes)NACE 46711and 5 others
- Establishment unit
- 2.307.279.0188790 Waregem, since 07-09-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 26-06-2025
Annual accounts 2025
- €595,561▼ 40.2%
- ≈ €3.0mestimated
- €987,405
- €42.8m▼ 2.3%
- €72.2m▲ 10.1%
- Filing
- Filed on 20-05-2026, 72 days before the end of the filing period
Insights on ECHLIN IMMO
ECHLIN IMMO files the abbreviated format. That format states no turnover. The gross margin rose from -€1.2m in 2021 to €595,561 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 20-05-2026, 72 days before the deadline€595,561
▼ 40.2%
€34,211
▼ 94.6%
-€987,405
▼ €1.5m
€44.7m
▼ 5.8%
59.2%
▼ 7.5 percentage points
9.72
▼ 60.38
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €3.0m. Estimated: probably between €1.9m and €5.1m.
Balance sheet
balance sheet total €72.2m on 31-12-2025What the company ownsHow it is paid for
in €m
in €m
Position in the sector
59.2%
Higher than 66% of 9,886 companies in 2025.
9.72
Higher than 91% of 9,650 companies in 2025.
-1.4%
Higher than 21% of 9,765 companies in 2025.
ECHLIN IMMO
Middle half of the sector
80% of the sector
Abbreviated accounts in wholesale trade (NACE 46)
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: bottom quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
72.2m | 65.6m | 48.5m | 45.4m | 41.0m | |
21/28 |
22.4m | 17.5m | 14.9m | 12.3m | 9.7m | |
22/27 |
16.8m | 11.8m | 9.2m | 6.7m | 4.1m | |
22 |
16.5m | 11.6m | 8.9m | 6.6m | 4.0m | |
23 |
46,225 | 5,267 | 886 | 1,163 | 593 | |
24 |
99,595 | 84,912 | 77,564 | 64,093 | 81,731 | |
26 |
127,821 | 127,821 | 290,977 | - | - | |
28 |
5.7m | 5.7m | 5.7m | 5.7m | 5.7m | |
29/58 |
49.8m | 48.1m | 33.6m | 33.1m | 31.3m | |
3 |
47.5m | 47.5m | 32.3m | 29.5m | 29.6m | |
30/36 |
47.5m | 47.5m | 32.3m | 29.5m | 29.6m | |
40/41 |
1.4m | 88,419 | 28,375 | 73,953 | 247,265 | |
40 |
45,551 | 87,626 | 28,375 | - | - | |
41 |
1.4m | 794 | 0 | 73,953 | 247,265 | |
54/58 |
837,544 | 528,058 | 1.2m | 3.4m | 1.4m | |
490/1 |
41,565 | 34,918 | 25,460 | 32,964 | 34,085 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
72.2m | 65.6m | 48.5m | 45.4m | 41.0m | |
10/15 |
42.8m | 43.7m | 43.2m | 45.3m | 8.1m | |
10/11 |
48.5m | 48.5m | 48.5m | 48.5m | 10.5m | |
14 |
-5.7m | -4.8m | -5.3m | -3.2m | -2.4m | |
17/49 |
29.5m | 21.9m | 5.3m | 101,110 | 32.9m | |
17 |
24.4m | 21.0m | - | 0 | 30.4m | |
170/4 |
24.4m | 21.0m | - | 0 | 30.4m | |
42/48 |
5.1m | 686,802 | 5.2m | 101,110 | 1.9m | |
44 |
292,813 | 186,936 | 170,381 | 96,276 | 1.7m | |
440/4 |
292,813 | 186,936 | 170,381 | 96,276 | 1.7m | |
45 |
31,318 | 63,997 | 96,987 | 4,833 | 109,132 | |
450/3 |
31,318 | 56,416 | 89,580 | 149 | 106,033 | |
454/9 |
0 | 7,581 | 7,407 | 4,684 | 3,099 | |
47/48 |
4.8m | 435,870 | 5.0m | - | - | |
492/3 |
1,449 | 184,872 | 26,760 | 0 | 687,122 | |
| Income statement | ||||||
76A |
717,278 | 978,288 | 138,060 | - | - | |
9900 |
595,561 | 995,346 | -172,046 | -330,143 | -1.2m | |
62 |
0 | 39,154 | 38,870 | 25,671 | 12,462 | |
630 |
539,468 | 294,971 | 791,540 | 141,297 | 518,444 | |
640/8 |
21,882 | 28,023 | 45,162 | 19,766 | 3,981 | |
66A |
- | 0 | 1.0m | - | - | |
9901 |
34,211 | 633,198 | -2.1m | -516,877 | -1.7m | |
75/76B |
822 | 116,875 | 0 | 551 | 28 | |
75 |
822 | 116,875 | 0 | 551 | 28 | |
65/66B |
955,810 | 158,440 | 28,835 | 284,077 | 687,567 | |
65 |
955,810 | 158,440 | 28,835 | 284,077 | 687,567 | |
9903 |
-920,777 | 591,633 | -2.1m | -800,403 | -2.4m | |
67/77 |
66,627 | 41,746 | - | - | - | |
9904 |
-987,405 | 549,887 | -2.1m | -800,403 | -2.4m | |
9905 |
-987,405 | 549,887 | -2.1m | -800,403 | -2.4m | |
| Appropriation of the result | ||||||
9906 |
-5.7m | -4.8m | -5.3m | -3.2m | -2.4m | |
14P |
-4.8m | -5.3m | -3.2m | -2.4m | - | |
| Social balance sheet | ||||||
9087 |
0 | 0 | 1 | 1 | 1 | |
| Document | ||||||
The notes to these accounts have 18 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 20-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 20-05-2026 | 2026-00119623 | |
| 31-12-2024 | abbreviated format | 28-08-2025 | 2025-00467281 | |
| 31-12-2023 | abbreviated format | 11-04-2024 | 2024-00064196 | |
| 31-12-2022 | abbreviated format | 09-10-2023 | 2023-00483038 | |
| 31-12-2021 | abbreviated format | 22-07-2022 | 2022-20214748 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| 573,679 | 928,169 | -1.3m | -375,580 | -1.2m | ||
| -447,936 | 844,859 | -1.3m | -659,106 | -1.9m | ||
| 6.5m | 2.1m | 4.2m | 2.8m | 10.2m | ||
| 309,486 | -719,382 | -2.2m | 2.0m | - | ||
| 44.7m | 47.5m | 28.3m | 33.0m | 29.4m | ||
| 59.2% | 66.7% | 89.1% | 99.8% | 19.7% | ||
| 9.72 | 70.10 | 6.40 | - | 16.85 | ||
| 0.45 | 0.95 | 0.25 | 34.80 | 0.89 | ||
| 0.69 | 0.50 | 0.12 | 0.00 | 4.06 | ||
| -2.3% | 1.3% | -4.9% | -1.8% | -29.7% | ||
| -1.4% | 0.8% | -4.3% | -1.8% | -5.9% | ||
| 0.60 | 5.86 | -44.37 | -1.32 | -1.74 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2021 |
|---|---|
| 1 |
Source: social balance sheet in the 2021 annual accounts
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €6.5m | €2.1m | €4.2m | €2.8m | €4.6m |
| Financial fixed assets | €0 | - | - | - | €5.7m |
| €539,468 | €294,971 | €791,540 | €141,297 | €518,444 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on ECHLIN IMMO
The operating result for 2025 is 95% lower than in 2024.
Debt's share of the balance-sheet total rises from 33.3% to 40.8%. Equity is lower and debt is higher.
Large changes and their cause
- 2022 Equity +460% on 2021. Capital increase of €38,000,000 (Official Gazette 18-07-2022).
Board & ownership
Board
3 directors, since incorporationDirector
appointed by deed of 09-09-2020
term without a fixed end
listed in the 2025 annual accounts, filed on 20-05-2026
Director
appointed by deed of 09-09-2020
term without a fixed end
listed in the 2025 annual accounts, filed on 20-05-2026
Director
appointed by deed of 09-09-2020
term without a fixed end
listed in the 2025 annual accounts, filed on 20-05-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “2. De bestuurders kunnen de uitoefening van een deel van hun bevoegdheid ten titel van bijzondere volmacht opdragen aan een derde…”deed of 09-09-2020
Mandates through the years
3 names, the dashed line is todayBoard
Mandates as a list
- Bernard DE MEESTER
- Director, from 07-09-2020 to date
- LAEBENS John Aimé André Marcel
- Director, from 07-09-2020 to date
- THERMOTE Ann Els
- Director, from 07-09-2020 to date
Control
Capital
- Contribution
- €48,500,000
- Shares
- 50 in the deed of 23-12-2021
- Source
- deed of 18-07-2022
Articles of association
deed of 09-09-2020 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 09:00
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Te allen tijde door besluit algemene vergadering die beraadslaagt op wijze door wet vereist, in bij wet bepaalde gevallen”
Capital transactions
Capital over time
- 18-07-2022 Capital increase of €38,000,000 · to €48,500,000 · in cash
- 23-12-2021 Capital increase of €10,000,000 · to €10,500,000 · no new shares · in cash
Network & group
Holdings
own 2025 accountsThis companyECHLIN IMMO1 holding, 1 country
2025 accounts
Belgium 1 Equity Result
- BE Midex Internationalno longer active €3.3m result €84,005
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
At the same address
Brabantstraat 15, 8790 Waregem · 18 other companies| TVH Global
registered office since 10-02-2021 · founded in 2021 |
total assets €2.02bn (2025) 0763.469.875 |
| TVH PARTS
registered office since 01-01-2006 · founded in 1983 · group TVH Global |
1,648 FTE (2025) 0425.399.042 |
| Wehold
registered office since 22-12-2022 · founded in 2022 |
total assets €1.15bn (2025) 0795.226.091 |
| ECHLIN INVEST
registered office since 21-12-2021 · founded in 2021 |
total assets €1.10bn (2025) 0778.918.512 |
| TVH Parts Holding
registered office since 01-01-2010 · founded in 2009 · group TVH Global |
450 FTE (2025) 0822.308.590 |
| ADECCO PERSONNEL SERVICES
establishment since 03-03-2026 · founded in 1961 · group Adecco Group AG |
8,440 FTE (2025) 0404.221.962 |
| FREMATO GROUP
registered office since 01-01-2006 · founded in 1990 · group TVH Global |
turnover €34.0m (2025) 0439.830.365 |
| BELGOCATERING
establishment since 01-02-2022 · founded in 1997 |
186 FTE (2025) 0461.784.435 |
| GEM ONE
registered office since 12-07-2019 · founded in 2019 · group TVH Global |
24 FTE (2025) 0730.663.386 |
| Waregem RE
registered office since 04-11-2019 · founded in 2019 · group ECHLIN INVEST |
total assets €2.9m (2025) 0737.385.684 |
Earlier ties
| TVH Global via THERMOTE Ann Els, no longer at TVH Global · Director · deed of 18-10-2021 founded in 2021 |
total assets €2.02bn (2025) |
| TVH PARTS via Bernard DE MEESTER, no longer at TVH PARTS · Member of the executive committee · deed of 08-10-2013 founded in 1983 · group TVH Global |
1,648 FTE (2025) |
| TVH Parts Holding via Bernard DE MEESTER, no longer at TVH Parts Holding · Member of the executive committee · deed of 13-04-2015 founded in 2009 · group TVH Global |
450 FTE (2025) |
| FREMATO GROUP via Bernard DE MEESTER, no longer at FREMATO GROUP · Director · deed of 08-10-2013 founded in 1990 · group TVH Global |
turnover €34.0m (2025) |
| MATECO BELGIUM via Bernard DE MEESTER, no longer at MATECO BELGIUM · Director · deed of 10-11-2017 founded in 2017 |
80 FTE (2025) |
| BEPCO PARTS via Bernard DE MEESTER, no longer at BEPCO PARTS · Director · deed of 24-10-2012 founded in 1998 · group TVH Global |
55 FTE (2025) |
Show 2 more earlier ties
| Fremato Equipment via Bernard DE MEESTER, no longer at Fremato Equipment · Director · deed of 01-12-2020 founded in 2020 |
turnover €5.3m (2025) |
| NOHLEN via LAEBENS John Aimé André Marcel, no longer at NOHLEN · Director · deed of 02-07-2021 founded in 2010 |
total assets €6.6m (2025) |
Holdings and subsidiaries
1 holdingHoldings 1
Share, source and own figures per holding (1)
- MIDEX INTERNATIONALsubsidiaryEquity €3.3m Profit of €84,005 in 2025 (profit of €97,885 in 2024)100%
Holdings through the years 2021 to 2025
| Name | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| MIDEX INTERNATIONAL | 100% | ||||
Source: list of holdings in its own accounts
Acquisitions and mergers
1 transactionTook over:MIDEX INTERNATIONAL
Connections & network
8 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
ECHLIN INVEST
Founded in 2021 · total assets €1.10bn (2025)
→
The Nest Real Estate
via LAEBENS John Aimé André Marcel · Class B director · deed of 17-01-2022
Founded in 2013 · total assets €28.4m (2025) · group TNFO
→
DIFG
via LAEBENS John Aimé André Marcel · Class B director · deed of 17-01-2022
Founded in 2021 · total assets €18.2m (2025) · group TNFO
→
NESTT
via LAEBENS John Aimé André Marcel · Class B director · deed of 17-01-2022
Founded in 1995 · total assets €7.7m (2025) · group TNFO
→
Show 4 more companies with a shared director
VINTEOR
via Bernard DE MEESTER · Director · deed of 28-10-2021
Founded in 2014 · total assets €3.5m (2025)
→
WELAKO
via LAEBENS John Aimé André Marcel · Permanent representative · deed of 24-01-2022
Founded in 2012 · total assets €798,759 (2025)
→
BERAN MANAGEMENT
via Bernard DE MEESTER · Permanent representative · deed of 18-10-2021
Founded in 2018 · total assets €450,676 (2025)
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ELBA INVEST
No longer active · total assets €1.58bn (2021)
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Timeline
Timeline
19 events since 2020Capital
Filings
Financial
Permits
Establishments
2020202220242026
Deadline for the 2026 accounts: 31-07-2027
2026
Merger proposal: HM COLLECTION takes over MIDEX INTERNATIONALThe company holds all the shares of MIDEX INTERNATIONAL3 points ▸
- Incorporation, 01-09-2020
- Incorporation, 29-11-1993
- The company holds all the shares of MIDEX INTERNATIONAL
- The deed holds 3 more points.
Annual accounts 2025 filed PDFabbreviated format · 72 days before the deadline
2025
Environmental permit granted OmgevingsloketNieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning), Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden · Waregem
Merger proposal: HM COLLECTION takes over MIDEX INTERNATIONALThe company holds all the shares of MIDEX INTERNATIONAL2 points ▸
- The company holds all the shares of MIDEX INTERNATIONAL
- Accounting effect, 01-10-2025
- The deed holds 3 more points.
Annual accounts 2024 filed PDFabbreviated format · 28 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0753776013
2024
Back to profit net €549,887 The net result is €549,887, after 3 loss-making years.
Liquidity more than 10 times current ratio 70.10 The current ratio rises from 6.40 to 70.10. Short-term debt falls from €5.2m to €686,802.
Annual accounts 2023 filed PDFabbreviated format · 111 days before the deadline
2023
Environmental permit granted OmgevingsloketBouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Waregem
Annual accounts 2022 filed PDFabbreviated format · 70 days late
2022
Liquidity more than 19 times current ratio 327.04 The current ratio rises from 16.85 to 327.04. Short-term debt falls from €1.9m to €101,110.
Equity above €25m equity €45.3m ▲460% Equity rises from €8.1m to €45.3m.
Annual accounts 2021 filed PDFabbreviated format · 9 days before the deadline
Capital increase of €38,000,000 to €48,500,000Capital from €10,500,000 to €48,500,0003 points ▸
- Capital increase, €38,000,000
- Capital contribution, €38,000,000
- Capital, €48,500,000, 50 shares
- The deed holds 6 more points.
Environmental permit granted OmgevingsloketBouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Verwijderen van vrijstaande gebouwen · Waregem
2021
Capital increase of €10,000,000 to €10,500,000Capital from €500,000 to €10,500,000 · General meeting of 08-12-20215 points ▸
- General meeting, 08-12-2021
- Capital increase, €10,000,000
- Share issue, €100
- Capital contribution, €10,000,000
- Capital, €10,500,000, 50 shares
- The deed holds 6 more points.
2020
IncorporationFounder: LIBRA INVEST · Founding capital of €500,000, 50 shares · Appointments: DE MEESTER Bernard Stephan, THERMOTE Ann Els and LAEBENS John Aimé André Marcel · published on 09-09-20208 points ▸
- Founder, LIBRA INVEST
- Founding capital, €500,000, 50 shares
- LIBRA INVEST holds all the shares
- 50 shares
- Registered office clause, Brabantstraat 15, 8790 Waregem
- Director appointment, DE MEESTER Bernard Stephan
- Director appointment, THERMOTE Ann Els
- Director appointment, LAEBENS John Aimé André Marcel
- The deed holds 4 more points.
First establishment HM COLLECTION, Brabantstraat 15, Waregem
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
ECHLIN IMMO was incorporated on 7 September 2020 as a private limited company.1 Between 2021 and 2022 the capital was increased 2 times, most recently to €48.5m.23 The board currently has 3 members.4 Total assets rose from €41.0m in 2021 to €72.2m in 2025 and headcount from 1 full-time equivalents in 2021 to 1 in 2023.5
Company details
Identity
- Enterprise number
- 0753.776.013
- VAT number
- BE 0753.776.013
- Peppol ID
- 0208:0753776013
- Other Peppol ID
- 9925:BE0753776013
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 07-09-2020
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Last Friday of June at 09:00deed of 09-09-2020 (in Dutch)
- Peppol
- Reachable since 26-06-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- ECHLIN IMMO in Dutch
- Name in the Peppol Directory
- HM COLLECTION BV
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 09-09-2020 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 09-09-2020 (in Dutch)
Activities
NACEBEL 202546711
Wholesale of cars and light vans (up to 3.5 tonnes) main activity
Codes under NACEBEL 2008
45111
main activity
45112
45113
45204
68201
Real estate activities
68203
Real estate rental
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “De vennootschap kan in het algemeen alle commerciële, industriële, financiële, roerende of onroerende handelingen verrichten in rechtstreeks…”deed of 05-08-2026 (in Dutch)
18 activities
- De vennootschap kan in het algemeen alle commerciële, industriële, financiële, roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken
- A.Het uitvoeren van administratieve werkzaamheden in de meest ruime zin
- B.Het waarnemen van alle mogelijke bestuursopdrachten in andere ondernemingen
- C.Het verrichten van alle werkzaamheden die verband houden met vereffeningen, herstructurereringen van ondernemingen
- D.Het verwerven van participaties in eender welke vorm in alle bestaande en/of op te richten rechtspersonen en vennootschappen, het stimuleren, het plannen, het coördineren, het ontwikkelen van en het investeren in rechtspersonen en ondernemingen waarin de vennootschap al of niet een participatie aanhoudt. Daartoe kan de vennootschap samenwerken met, deelnemen in, of op gelijk welke wijze, rechtstreeks of onrechtstreeks, belangen nemen in andere ondernemingen
- E.Het toekennen van geldleningen/kredieten aan elke natuurlijke of rechtspersoon met wie de vennootschap op welke wijze dan ook een band heeft
- F.De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen, onder meer door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak
- Aankoop en verkoop, invoer, uitvaer, verdeling en levering van alle voertuigen met inbegrip van classic cars en oldtimers, motoren en wisselstukken die nuttig zijn voor het gebruik van voertuigen, alsook alle producten van de machine-, metaal- of houtindustrie die ermee verband houden
- Klein- of groothandel van motorvoertuigen, met inbegrip van tweedehandse voertuigen, wissel- en hulpstukken van motorvoertuigen, brandstoffen en smeermiddelen, industriële oliën en vetproducten
- Uitbating van garages en herstellingswerkplaatsen voor alle herstellings-en onderhoudswerken aan zowel motorvoertuigen, als de onderdelen, met het oog op hun wederverkoop aan gebruikers
- De assemblage, de montage, het koetswerk, het schilderwerk, de afbraak, de herstelling en het onderhoud van nieuwe en tweedehandsvoertuigen
- De kleinhandel in banden en wisselstukken en in alle mogelijke accessoires voor voertuigen
- Pechverhelpingsdiensten
- Verhuring van motorvoertuigen
- Reparatie en montage van specifieke auto-onderdelen
- Of al wat daar rechtstreeks of onrechtstreeks verband mee houdt
- A.Het stellen van alle handelingen met betrekking tot de aan- en verkoop, de huur en verhuur, het bouwen, het verkavelen, het beheren, het ruilen, de promotie en de verbouwing, het toekennen van rechten op onroerende goederen en bouwwerken, het in opstal en erfpacht geven of nemen van onroerende goederen, evenals het in vruchtgebruik of concessie geven of nemen van onroerende goederen. Dit alles zonder als aannemer van werken in onroerende staat op te treden
- B.Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend patrimonium, alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals het verwerven door inschrijving of aankoop en het beheren van aandelen, obligaties of andere roerende waarden, van welke vorm ook, van Belgische of buitenlandse, bestaande of nog op te richten rechtspersonen en ondernemingen zonder aan vermogensbeheer of beleggingsadvies te doen
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| HM COLLECTION registered office Brabantstraat 15, 8790 Waregem | 07-09-2020 | 2.307.279.018 |
Buildings and parcels at the address
- Ground area
- 4.3 ha
- Buildings
- 2.1 ha
- Volume, LiDAR
- 290,328 m³
- Tallest building
- 17.1 m
Buildings to scale, each on its own parcel
Environmental permits
3 applications in Flanders since 2021 · 3 granted| 03-12-2025 | Granted | Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning); Verbouwen en/of uitbreiden met functiewijziging, maar zonder wijziging van het aantal woongelegenheden submitted 04-11-2025 · project 2025130255 | Waregem |
| 15-11-2023 | Granted | Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie submitted 08-08-2023 · project 2023098085 | Waregem |
| 06-04-2022 | Granted | Bouwen of herbouwen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Verwijderen van vrijstaande gebouwen submitted 24-12-2021 · project 2021190818 | Waregem |
Source: Omgevingsloket Vlaanderen.
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34453F1108/00D000 | 4.3 ha | 1 · 2.1 ha | 17.1 m · 5 |