Financials
- Financial year
- 2025
- Turnover
- €23.4m
- Loss
- -€465,508
- Solvency
- 30.7%
Turnover▲ 6.9%
Net result
20182025
KONECRANES
ActiveSummary
KONECRANES has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.5m and a net result of -€465,508. Equity is growing by about 4.5% per year across the filed financial years. Its solvency ranks better than 34% of 6,142 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Activity
Wholesale of other machinery and equipment
NACE 46649Wholesale trade NACE 46644
2nd largest employer in Lummen, Wholesale and retail trade sector3 sites
Size
€23.4mturnover 2025
- Staff
- 63.4 FTE
- Equity
- €2.5m
- Loss
- -€465,508
Structure
- Parent
- Konecranes PLC
- Board
- 4 members
- Petrus (Peer) HurkmansManaging director
Auditor: Ernst et Young Reviseurs d'Entreprises2025 accounts 22 days early4 of 19 deeds summarised
Why 81raises riskLoss of €465,508 (financial year 2025)2 of the last 3 latelowers riskFounded in 1992Liquidity: current ratio 1.69, cash €1.4mShow the evidence
Checked score
Score 2025
81
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 36% of its sector peers (NACE 46, medium-sized)
Financial strength · tick = 2024
Weak
Solvency
56+3
equity 30.7% of total assets
Liquidity
42+17
short-term debt 56.8% · cash 16.7%
Profitability
12-52
return on assets -5.7%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.7%highest value
12-2024: 0.1%▼ -0.6 percentage points vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025lowest value
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.3%▲ +0.1 percentage points vs 09-2025
11-2025: 0.2%▼ -0.1 percentage points 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: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.3 percentage points vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
Credit of up to €200,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.69, compared with 1.4 in 2024, above the usual 1.5; short-term debt: 56.8% and cash: 16.7% of total assets), but 69.3% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 39% on solvency, 57% on liquidity, 6% on profitability and 41% on growth.
The bankruptcy probability was computed on 27-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 days early
2024
76 days late
2023
92 days late
2022
29 days late
2021
85 days late
2020
207 days late
2019
144 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 87 days after the deadline; the sector median (NACE 46) for financial year 2024 is 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 15 October (4 of the last 5 filed years within 47 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Reappointments: Petrus Hurkmans (director) and Onni…Gazette deed
- Annual accounts filedfinancial year 2024 · full…
Key points
By topic
Board & ownership
- Board
- 4 members
- Parent
- Konecranes PLC
- Auditor
- Ernst et Young Reviseurs…
- Petrus (Peer) HurkmansManaging director
- Andrew Timothy SPENCERDirector
- Onni KoivuDirector
- Petrus HurkmansDirector
Timeline
- Events
- 42
- Since
- 1993
- Next accounts
- by 31-07-2027
- 29-07-2025Resignation: John Tomas MYNTTI (director)
- 31-10-2024Annual accounts filed
- 02-08-2024Resignation: Paul van der Sande (director)
Company details
- Sites
- 3
- Legal form
- Public limited company
- Activity
- Wholesale of other machinery and equipmentNACE 46649
- Founded
- 26-06-1992
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 18
- Annual meeting
- Second Monday of June at 11:00
- Purpose
- “De fabricatie, de verkoop, het onderhoud, de herstellingen en de modernisering van…” (deed in Dutch)
Key facts about KONECRANES
- What is the company number of KONECRANES?
- 0447.730.620. In Belgium the VAT number is the company number with BE in front: BE 0447.730.620.
- Where is KONECRANES based?
- The registered office is at Bosstraat 75, 3560 Lummen.Company details
- What does KONECRANES do?
- According to the KBO register, the main activity is wholesale of other machinery and equipment (NACE 46649).
- What is the legal form of KONECRANES?
- Public limited company (NV).
- When was KONECRANES founded?
- On 26-06-1992.
- Is KONECRANES still active?
- Yes, KONECRANES is an active enterprise in the KBO register.
- How many employees does KONECRANES have?
- On average 63.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of KONECRANES?
- €23.4m in financial year 2025, according to the filed annual accounts.
- Is KONECRANES profitable?
- In financial year 2025, KONECRANES made a loss of €465,508.
- Where can I find the annual accounts of KONECRANES?
- KONECRANES filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KONECRANES due?
- By 31-07-2027, for financial year 2026.Timeline
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