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Jungheinrich

Active Public limited companyfounded 1976active for 50 yearsEsperantolaan 1, 3001 LeuvenKBO/BCE: BE 0415.997.465 subsidiary of Jungheinrich Aktiengesellschaft#3 employer in Leuven, Wholesale and retail trade sector

Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1977
peak €105.7m (2023)
€100.7m▼ 4.3%
peak €5.0m (2021)
€3.9m▼ 8.9%
peak €15.5m (2019)
€14.2m▲ 0.2%
€43.6m▼ 11.7%
peak 247 FTE (2023)
239.1 FTE▼ 2.7%
Board5 names since 2019
2 directorsAlexander Abé and 1 other
Owners
consolidatesJungheinrich AG
Documentsfilings and deeds
05-08-20265 days late
2025financial year
Dividend €3.9mCash from €1.4m to €2.9m

Key points

from the 2025 annual accounts

Equity

€14.2m ▲ 0.2%
14.12024+3.9Profit-3.9Dividend14.22025

Jungheinrich paid out €3.9m in dividends. That is 99% of the 2025 profit.

Debts

€43.6m 72% of the balance sheet
Financial debts 34%Suppliers 26%Taxes and wages 10%Other 30%

Of this, €28.8m falls due within a year.

Staff

240 employees on 31-12-2025
3634202142392022302620232327202419272025

In 2025, 19 people joined and 27 left. On top of that, 1.3 agency workers worked there on average.

Payment terms

55 days to suppliers
Suppliers
70 to 55
Customers
72 to 59

Jungheinrich pays its suppliers 15 days earlier than in 2024. Customers pay 13 days earlier.

Board

1 joined · 1 left

Board changed. Latest change 01-07-2026 · 2 in office.

Position in the sector

€3.9m

Higher net result than 94% of companies in wholesale trade. Sector median €110,308 · 6,124 companies.

2025 accounts filed 5 days after the deadline

Checked score

88
Excellent
Financially stronger than 43% of medium-sized 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: 0.2% across 745 companies (NACE 46, medium-sized).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.2%▼ -0.2 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.3%▲ +0.1 percentage points vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value

Financial strength
Average

48+1equity 23.3% of total assets
33+4short-term debt 47.3% · cash 4.8%
69=return on assets 6.5%

Score breakdown

raises risk
Equity €14.2m (23.3% of total assets)
Liquidity: current ratio 1.75, cash €2.9m
lowers risk
Size: turnover €100.7m, 239.1 FTE, total assets €60.8m
Legal form: public limited company
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, medium-sized). It does better than 28% of them on solvency, 40% on liquidity, 73% on profitability and 30% on growth.

The bankruptcy probability was computed on 08-11-2026 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, 378 companies had the same profile as Jungheinrich has now. Each dot is one company, two years later.

97.4%
were still trading
2.4%
stopped another way
0.3%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of Jungheinrich 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 378 companies, not a prediction for Jungheinrich. 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 €1,200,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.75 (1.76 in 2024), above the usual 1.5. Short-term debt is 47.3% and cash 4.8% of total assets. However, 76.7% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Equity €14.2m (23.3% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.75, cash €2.9m
NBB · annual accounts
lowers risk · Size: turnover €100.7m, 239.1 FTE, total assets €60.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
5 days late
2024
34 days early
2023
21 days early
2022
19 days early
2021
46 days early
2020
19 days early
2019
37 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 24 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 11 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

Board & ownership

Recent changes

1 director appointed, 1 resignation, 1 statutory auditor reappointed, 1 reappointment Reappointments: PricewaterhouseCoopers Bedrijfsrevisoren BV (statutory auditor) and Tina Plock · Permanent representative: Kevin Veestraeten · Resignation: Alexander Abé · General meeting of 30-06-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0415997465
Resignations & appointments Capital €850,000, annual accounts 2024 · Gazette deed
Amendment of the articles Capital of €850,000, 34,000 shares · General meeting of 19-12-2023 · Gazette deed
All 62 events

Comparable companies

same main activity, similar in size and age
Company
Jungheinrich Leuven €100.7m 5.2% 23.3% 239.1
B-CLOSE Mechelen €110.7m 5.1% 24.8% 213.5
Motrac Antwerp €99.2m 0.9% 52.4% 191.4
TOYOTA MATERIAL HANDLING BELGIUM Willebroek €152.1m 3.7% 22.6% 278.2
Kalmar Belgium Antwerp €41.1m 1.0% 35.4% 82.9
VERTIMAC Waregem €62.9m 5.8% 28.2% 104.9
JONGERIUS TECHNOLOGY Kapellen €28.5m 7.3% 35.2% 40.6
-10%0%10%20%€50m€500m€5bnJungheinrichEBIT margin

Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as Jungheinrich: wholesale trade (NACE 46644). They are comparable in size and age: total assets between €27m and €122m, founded between 1965 and 2011.

Official details

Source: KBO
Status
Active since 01-04-1976Normal situation
Activity
Wholesale tradeNACE 46644
Joint committee
149.04Metal trade · annual accounts 2025
Establishment unit
2.020.586.9073001 Leuven, since 01-06-1982
Financial year end
31 December
Peppol
Reachable since 15-12-2025
Company details

Annual accounts 2025

€60.8m▼ 7.2%
Employeeson 31-12-2025
240▼ 3.2%
Filing
Filed on 05-08-2026
Financials

Insights on Jungheinrich

Jungheinrich has existed since 1976. Turnover grew from €51.4m in 2006 to €100.7m in 2025 and staff from 166.1 to 239.1 full-time equivalents.

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 Jungheinrich

What is the company number of Jungheinrich?
The company number of Jungheinrich is 0415.997.465. The VAT number is the same number with BE in front: BE 0415.997.465.
Where is Jungheinrich based?
The registered office is at Esperantolaan 1, 3001 Leuven.Company details
What does Jungheinrich do?
According to the KBO register, the main activity is wholesale trade (NACE 46644).
What is the legal form of Jungheinrich?
Jungheinrich is a public limited company (NV).
When was Jungheinrich founded?
Jungheinrich was founded on 01-04-1976.
Is Jungheinrich still active?
Yes, Jungheinrich is an active enterprise in the KBO register.
How many employees does Jungheinrich have?
Jungheinrich had an average of 239.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Jungheinrich fall under?
In its 2025 annual accounts, Jungheinrich states joint committee 149.04 (Metal trade).
What is the turnover of Jungheinrich?
The turnover of Jungheinrich was €100.7m in financial year 2025, according to the filed annual accounts.
Is Jungheinrich profitable?
In financial year 2025, Jungheinrich made a profit of €3.9m.
Where can I find the annual accounts of Jungheinrich?
Jungheinrich filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Jungheinrich due?
Jungheinrich must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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