Machinery Resale
ActiveSummary
Machinery Resale has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €766k and a net result of €22k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 29% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability31=
Solvency48▼-3
Growth52=
Track record94
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days only on tighter terms
Liquidity ample (current ratio 1.76 against 1.97 in 2024; short-term debt: 56.8% and cash: 2.7% of total assets), but 76.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.3%
Return on assets
0.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 10-07-2026, 21 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
21 d early
2024
24 d early
2023
21 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€766k▲ 2.4%
2024 · €748k
2023: €739klowest in 3 years
2024: €748k▲ +1.2% vs 2023
2025: €766k▲ +2.4% vs 2024highest in 3 years
2023 → 2025
Total assets
€3.28M▲ 15.6%
2024 · €2.84M
2023: €3.06M
2024: €2.84M▼ -7.1% vs 2023lowest in 3 years
2025: €3.28M▲ +15.6% vs 2024highest in 3 years
2023 → 2025
Net result
€22k▲ 76.2%
2024 · €12k
2023: €199khighest in 3 years
2024: €12k▼ -93.9% vs 2023lowest in 3 years
2025: €22k▲ +76.2% vs 2024
2023 → 2025
Working capital
€1.42M▲ 1.5%
2024 · €1.40M
2023: €1.20Mlowest in 3 years
2024: €1.40M▲ +16.2% vs 2023
2025: €1.42M▲ +1.5% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€739k-€748k▲ 1.2%€766k▲ 2.4%
2023: €739klowest in 3 years
2024: €748k▲ +1.2% vs 2023
2025: €766k▲ +2.4% vs 2024highest in 3 years
Operating result€325k-€93k▼ 71.4%€72k▼ 22.0%
2023: €325khighest in 3 years
2024: €93k▼ -71.4% vs 2023
2025: €72k▼ -22.0% vs 2024lowest in 3 years
Net result€199k-€12k▼ 93.9%€22k▲ 76.2%
2023: €199khighest in 3 years
2024: €12k▼ -93.9% vs 2023lowest in 3 years
2025: €22k▲ +76.2% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 22% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.28M
Fixed assets
€2k =
Current assets
€3.28M ▲ 15.6%
Equity and liabilities €3.28M
Equity
€766k ▲ 2.4%
Debt
€2.52M ▲ 20.4%
Debt's share of the balance-sheet total rises from 73.7% to 76.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€72k▼
2024 · €114k
Cash flow
€22k▼
2024 · €34k
Current ratio
1.76▼
2024 · 1.97
Quick ratio
1.02▲
2024 · 0.81
Debt to equity
3.29▲
2024 · 2.80
ROE
2.8%▲
2024 · 1.6%
ROA
0.7%▲
2024 · 0.4%
Interest coverage
1.42▲
2024 · 1.41
Debt ≤ 1 year
€1.86M▲
2024 · €1.44M
Debt > 1 year
€650k=
2024 · €650k
Income taxes
€7k▲
2024 · €3k
Staff costs
€74k▲
2024 · €72k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.84M€3.28M▲
Fixed assets21/28€2k€2k=
Tangible fixed assets22/27€0-
Plant, machinery and equipment23€0-
Financial fixed assets28€2k€2k=
Current assets29/58€2.84M€3.28M▲
Stocks and contracts in progress3€1.68M€1.38M▼
Stocks30/36€1.68M€1.38M▼
Amounts receivable within one year40/41€1.08M€1.80M▲
Trade receivables40€1k€0▼
Other amounts receivable41€1.08M€1.80M▲
Cash at bank and in hand54/58€74k€87k▲
Deferred charges and accrued income490/1€8k€10k▲
Equity and liabilities
Total equity and liabilities10/49€2.84M€3.28M▲
Equity10/15€748k€766k▲
Contributions10/11€131k€131k=
Reserves13€565k€587k▲
Distributable reserves133€565k€587k▲
Investment grants15€51k€48k▼
Amounts payable17/49€2.09M€2.52M▲
Amounts payable after more than one year17€650k€650k=
Financial debts170/4€650k€650k=
Amounts payable within one year42/48€1.44M€1.86M▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€150k€535k▲
Suppliers440/4€150k€535k▲
Taxes, remuneration and social security45€20k€13k▼
Taxes450/3€8k€0▼
Remuneration and social security454/9€13k€13k▲
Other amounts payable47/48€1.27M€1.31M▲
Accrued charges and deferred income492/3€297€3k▲
Income statement
Code20242025
Remuneration, social security and pensions62€72k€74k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€0▼
Other operating charges640/8€11k€10k▼
Gross operating margin9900€198k€156k▼
Operating profit (loss)9901€93k€72k▼
Financial income75/76B€4k€7k▲
Recurring financial income75€4k€7k▲
Financial charges65/66B€81k€51k▼
Recurring financial charges65€81k€51k▼
Profit (loss) for the period before taxes9903€16k€29k▲
Income taxes67/77€3k€7k▲
Profit (loss) for the period9904€12k€22k▲
Profit (loss) for the period to be appropriated9905€12k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€22k▲
Transfer to equity691/2€12k€22k▲
To other reserves6921€12k€22k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €100k | €72k | €74k | ▲ 2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €100k | €21k | €0 | ▼ 100% |
| Other operating charges640/8 | €6k | €11k | €10k | ▼ 12.2% |
| Gross operating margin9900 | €531k | €198k | €156k | ▼ 20.8% |
| Operating profit (loss)9901 | €325k | €93k | €72k | ▼ 22.0% |
| Financial income75/76B | €4k | €4k | €7k | ▲ 94.9% |
| Recurring financial income75 | €4k | €4k | €7k | ▲ 94.9% |
| Financial charges65/66B | €61k | €81k | €51k | ▼ 37.2% |
| Recurring financial charges65 | €61k | €81k | €51k | ▼ 37.2% |
| Profit (loss) for the period before taxes9903 | €268k | €16k | €29k | ▲ 85.7% |
| Income taxes67/77 | €69k | €3k | €7k | ▲ 120% |
| Profit (loss) for the period9904 | €199k | €12k | €22k | ▲ 76.2% |
| Profit (loss) for the period to be appropriated9905 | €199k | €12k | €22k | ▲ 76.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €3.06M | €2.84M | €3.28M | ▲ 15.6% |
| Fixed assets21/28 | €191k | €2k | €2k | = |
| Tangible fixed assets22/27 | €189k | €0 | - | - |
| Plant, machinery and equipment23 | €189k | €0 | - | - |
| Financial fixed assets28 | €2k | €2k | €2k | = |
| Current assets29/58 | €2.86M | €2.84M | €3.28M | ▲ 15.6% |
| Stocks and contracts in progress3 | €1.49M | €1.68M | €1.38M | ▼ 17.7% |
| Stocks30/36 | €1.49M | €1.68M | €1.38M | ▼ 17.7% |
| Amounts receivable within one year40/41 | €1.16M | €1.08M | €1.80M | ▲ 67.2% |
| Trade receivables40 | €4 | €1k | €0 | ▼ 100% |
| Other amounts receivable41 | €1.16M | €1.08M | €1.80M | ▲ 67.4% |
| Cash at bank and in hand54/58 | €203k | €74k | €87k | ▲ 18.1% |
| Deferred charges and accrued income490/1 | €8k | €8k | €10k | ▲ 21.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €3.06M | €2.84M | €3.28M | ▲ 15.6% |
| Equity10/15 | €739k | €748k | €766k | ▲ 2.4% |
| Contributions10/11 | €131k | €131k | €131k | = |
| Reserves13 | €553k | €565k | €587k | ▲ 3.8% |
| Distributable reserves133 | €553k | €565k | €587k | ▲ 3.8% |
| Investment grants15 | €55k | €51k | €48k | ▼ 7.2% |
| Amounts payable17/49 | €2.32M | €2.09M | €2.52M | ▲ 20.4% |
| Amounts payable after more than one year17 | €650k | €650k | €650k | = |
| Financial debts170/4 | €650k | €650k | €650k | = |
| Amounts payable within one year42/48 | €1.66M | €1.44M | €1.86M | ▲ 29.4% |
| Financial debts43 | €345k | €0 | - | - |
| Credit institutions430/8 | €345k | €0 | - | - |
| Trade debts44 | €253k | €150k | €535k | ▲ 258% |
| Suppliers440/4 | €253k | €150k | €535k | ▲ 258% |
| Taxes, remuneration and social security45 | €31k | €20k | €13k | ▼ 35.3% |
| Taxes450/3 | €23k | €8k | €0 | ▼ 100% |
| Remuneration and social security454/9 | €8k | €13k | €13k | ▲ 3.6% |
| Other amounts payable47/48 | €1.03M | €1.27M | €1.31M | ▲ 3.5% |
| Accrued charges and deferred income492/3 | €4k | €297 | €3k | ▲ 837% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €199k | €12k | €22k | ▲ 76.2% |
| + Depreciation and write-downs630 | €100k | €21k | €0 | ▼ 100% |
| Operating cash flow (approximation) | €299k | €34k | €22k | ▼ 35.8% |
| Investment in fixed assets (approximation) | - | €168k | €0 | ▼ 100% |
| Change in cash | - | €-130k | €13k | ▲ 110% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €12k ▼93.9%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 2023
Ground area
9,775 m²
Building footprint
5,450 m²
Volume, LiDAR
62,113 m³
Parcel 34452B0240/00P000, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Machinery Resale
since 20232.346.797.313
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B0240/00P000 | Flanders | 9,775 m² | 1 · 5,450 m² | 13.9 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 6,000 EUR awarded · 6,360 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,000 EUR | 3,000 EUR |
| 2024 | 1 | 3,000 EUR | 3,000 EUR |
| 2023 | 1 | 0 EUR | 360 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,075 companies in sector 46140 we hold annual accounts for 645. 403 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
46140Agents in the wholesale of industrial machinery, ships and aircraft
46630Wholesale trade
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47812Retail trade
46180Agents specialised in the wholesale of other particular products
46620Wholesale of machine tools
77399Renting and leasing of other machinery, equipment and tangible goods
Contact
E-mail
finance@machineryresale.com
Scores and ratios are computed by Checked and are not a credit decision.