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Jungheinrich

Active Public limited companyfounded 1976active for 50 yearsEsperantolaan 1, 3001 LeuvenKBO/BCE: BE 0415.997.465 subsidiary of #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%
Board11 names since 2016
2 directors and 1 other
Owners
consolidates
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 €110,264 · 6,126 companies.

2025 accounts filed 5 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

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
Test of the method

The method was tested on the 497,448 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

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

Signals

Board and ownership

Director
Director
Auditor
  • consolidatesannual accounts 2025
  • consolidatedLEI register
Board & ownership

Recent changes

1 director appointed, 1 resignation, 1 statutory auditor reappointed, 1 reappointment Reappointments: (statutory auditor) and · Permanent representative: · Resignation: · 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 71 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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