ACTIVE

Technical Mechanical Services

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

1,9 M €

-23.4% YoY

Revenue

45,8 M €

+10.7% YoY

Equity

7,3 M €

-1.7% YoY

Workforce

20,5 ETP

-10.1% YoY

What does Technical Mechanical Services do?

Technical Mechanical Services is a Public limited company incorporated in 1985. Its main activity is: Wholesale of mining, construction and civil engineering machinery. Its registered office is in Ans. It employs on average 20,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0426.679.640

Incorporation

03/01/1985

Legal form

Public limited company

Registered office

Rue des Technologies 1
4432 Ans · WallonieSee on map

Contributed capital

1 062 000,00 €

Latest accounts

31/12/2025

Average workforce

20,5 ETP

Activities (NACE)

46630Wholesale of mining, construction and civil engineering machinery· main 46630Wholesale of mining, construction and civil engineering machinery

Joint committees (5)

14901
14904
200
209
218

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	45,8 M €	+10.7%	41,4 M €	+4.7%	39,5 M €	+7.2%	36,8 M €	+23.5%	29,8 M €	+19.6%	24,9 M €	-4.0%	26 M €		–		–		–		38,4 M €	+11.3%	34,5 M €	-0.7%	34,8 M €	+4.1%	33,4 M €	+12.1%	29,8 M €	+1284%	2,2 M €		–		–		–		–
EBITDA	4 M €	+0.7%	4 M €	+20.1%	3,3 M €	+53.3%	2,2 M €	+24.5%	1,7 M €	+59.6%	1,1 M €	-13.4%	1,3 M €	+15.6%	1,1 M €	-8.8%	1,2 M €	-27.8%	1,6 M €	+43.0%	1,2 M €	-6.7%	1,2 M €	-0.4%	1,2 M €	+8.0%	1,1 M €	+52.3%	752,8 k €	+1150%	60,2 k €	-15.7%	71,4 k €	-1.3%	72,4 k €	-49.2%	142,5 k €	+197%	48 k €
Operating result	3,6 M €	-0.7%	3,6 M €	-0.4%	3,6 M €	+68.5%	2,2 M €	+47.1%	1,5 M €	+40.8%	1 M €	-0.7%	1 M €	+51.8%	689,4 k €	-34.0%	1 M €	+24.3%	840,4 k €	-2.1%	858,4 k €	-1.0%	867,2 k €	-0.9%	875,4 k €	-0.0%	875,5 k €	+48.3%	590,5 k €	+1397%	39,4 k €	-43.0%	69,2 k €	-3.7%	71,9 k €	-49.4%	142,1 k €	+196%	48 k €
Net result	1,9 M €	-23.4%	2,4 M €	+1.2%	2,4 M €	+81.3%	1,3 M €	+35.7%	982,6 k €	+208%	319,1 k €	-29.9%	455,3 k €	+19.1%	382,3 k €	+396%	77,1 k €	-71.1%	267,1 k €	+3.9%	257 k €	-30.3%	368,9 k €	+126%	163,1 k €	-72.2%	587,5 k €	+107%	283,9 k €	+4818%	5,8 k €	-75.5%	23,6 k €	-33.5%	35,5 k €	-66.9%	107,1 k €	+559%	16,2 k €
Balance sheet
Equity	7,3 M €	-1.7%	7,4 M €	+6.4%	7 M €	+6.4%	6,6 M €	+25.4%	5,2 M €	+23.0%	4,3 M €	+8.1%	3,9 M €	+13.0%	3,5 M €	+12.3%	3,1 M €	+2.5%	3 M €	+9.7%	2,8 M €	+10.3%	2,5 M €	+17.3%	2,1 M €	+8.3%	2 M €	+42.3%	1,4 M €	+25.7%	1,1 M €	+1027%	97,9 k €	+31.7%	74,3 k €	+91.3%	38,9 k €	+157%	-68,2 k €
Total assets	28,3 M €	+3.4%	27,4 M €	+16.7%	23,5 M €	-1.9%	24 M €	+26.5%	18,9 M €	+16.0%	16,3 M €	+10.2%	14,8 M €	-10.0%	16,5 M €	+8.0%	15,3 M €	+5.3%	14,5 M €	+6.6%	13,6 M €	+6.1%	12,8 M €	+12.2%	11,4 M €	+9.7%	10,4 M €	-7.9%	11,3 M €	+356%	2,5 M €	+320%	589,7 k €	-13.1%	678,5 k €	+31.7%	515,3 k €	-2.5%	528,8 k €
Cash	1,4 M €	-62.2%	3,7 M €	+52.3%	2,4 M €	-62.6%	6,5 M €	+28.0%	5 M €	+42.7%	3,5 M €	+190%	1,2 M €	+34.4%	907,1 k €	-44.5%	1,6 M €	+66.9%	979,3 k €	+10.7%	884,9 k €	+1.3%	873,8 k €	+19.6%	730,8 k €	-2.3%	748,4 k €	+26.4%	592,1 k €	+71.9%	344,4 k €	+1687%	19,3 k €	-63.9%	53,4 k €	+56.4%	34,1 k €	+107%	16,5 k €
Debts	20,3 M €	+3.4%	19,6 M €	+21.1%	16,2 M €	-1.2%	16,4 M €	+21.8%	13,5 M €	+12.1%	12 M €	+10.5%	10,9 M €	-15.9%	12,9 M €	+6.4%	12,1 M €	+10.2%	11 M €	+1.8%	10,8 M €	+5.1%	10,3 M €	+11.1%	9,3 M €	+10.0%	8,4 M €	-6.2%	9 M €	+554%	1,4 M €	+186%	480,6 k €	-18.6%	590,3 k €	+35.0%	437,4 k €	-22.6%	565,2 k €
Other
Workforce	20,5 ETP	-10.1%	22,8 ETP	-2.6%	23,4 ETP	+14.7%	20,4 ETP	+16.6%	17,5 ETP	-1.1%	17,7 ETP	+2.3%	17,3 ETP	-0.6%	17,4 ETP	-9.4%	19,2 ETP	0.0%	19,2 ETP	-6.8%	20,6 ETP	-2.4%	21,1 ETP	-3.7%	21,9 ETP	-5.6%	23,2 ETP	+5.5%	22,0 ETP	+495%	3,7 ETP	+1750%	0,2 ETP		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 42 ended

Active mandates

BT GLOBAL SOLUTIONS

Administrateur · since 25 mars 2024 · until 30 juin 2029 · 0770.850.684

Represented by Tuncay Bayram

Active

CARMAFLO

Administrateur · since 25 mars 2024 · until 30 juin 2029 · 0790.473.982

Represented by Flore Mareschal

Active

Ended mandates

DKL MANAGEMENT

Administrateur · since 25 mars 2024 · until 31 octobre 2024 · 0831.972.760

Represented by Vincenzo D'Angelo

Ended

DKL MANAGEMENT

Administrateur · since 25 mars 2024 · until 30 juin 2029 · 0831.972.760

Represented by Vincenzo D'Angelo

Ended

CARMAFLO

Administrateur · since 30 septembre 2022 · until 30 septembre 2028 · 0790.473.982

Represented by Flore Mareschal

Ended

ANALYSE - DEVELOPPEMENT ET COMMUNICATION

Director · since 30 juin 2018 · until 29 juin 2024 · 0474.035.832

Represented by Patrick VANDERVOORT

Ended

At this address

Other companies at this address

Company	CBE no.
B & B Worldwide● Active	0465.784.694
B&B Worldwide Bis● Active	0774.898.059
G5 LOGISTICS● Active	0432.862.302
GLOBAL RELIABLE SOLUTIONS● Active	0773.968.740

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	06/07/2026	02/07/2025	18/07/2024	04/07/2023	29/07/2022	01/07/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	06/07/2026	French	PDF
Full model	31/12/2024	30/06/2025	02/07/2025	French	PDF
Full model	31/12/2023	30/06/2024	18/07/2024	French	PDF
Full model	31/12/2022	30/06/2023	04/07/2023	French	PDF
Full model	31/12/2021	30/06/2022	29/07/2022	French	PDF
Full model	31/12/2020	30/06/2021	01/07/2021	French	PDF
Full model	31/12/2019	30/06/2020	14/09/2020	French	PDF
Abridged model	31/12/2018	30/06/2019	20/07/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	02/08/2018	French	PDF
Abridged model	31/12/2016	30/06/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	15/05/2016	18/07/2016	French	PDF
Abridged model	31/12/2014	30/06/2015	25/08/2015	French	PDF
Abridged modelCorrection	31/12/2013	30/06/2014	26/09/2014	French	PDF
Abridged model	31/12/2013	30/06/2014	25/08/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	30/08/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	31/08/2012	French	PDF
Abridged model	31/12/2010	30/06/2011	03/08/2011	French	PDF
Abridged model	31/12/2009	30/06/2010	19/08/2010	French	PDF
Abridged model	31/12/2008	30/06/2009	30/07/2009	French	PDF
Abridged model	31/12/2007	30/06/2008	23/07/2008	French	PDF
Abridged model	31/12/2006	30/06/2007	18/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 42 ended

Active mandates

BT GLOBAL SOLUTIONS

Administrateur · since 25 mars 2024 · until 30 juin 2029 · 0770.850.684

Represented by Tuncay Bayram

Active

CARMAFLO

Administrateur · since 25 mars 2024 · until 30 juin 2029 · 0790.473.982

Represented by Flore Mareschal

Active

Ended mandates

DKL MANAGEMENT

Administrateur · since 25 mars 2024 · until 31 octobre 2024 · 0831.972.760

Represented by Vincenzo D'Angelo

Ended

DKL MANAGEMENT

Administrateur · since 25 mars 2024 · until 30 juin 2029 · 0831.972.760

Represented by Vincenzo D'Angelo

Ended

CARMAFLO

Administrateur · since 30 septembre 2022 · until 30 septembre 2028 · 0790.473.982

Represented by Flore Mareschal

Ended

ANALYSE - DEVELOPPEMENT ET COMMUNICATION

Director · since 30 juin 2018 · until 29 juin 2024 · 0474.035.832

Represented by Patrick VANDERVOORT

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/03/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates10/05/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates06/11/2023
DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates03/10/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates28/11/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates16/02/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates21/09/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates18/07/2017
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 20251,9 M €↓
2024
Annual accounts 20242,4 M €↑
2023
Annual accounts 20232,4 M €↑
2023
Name changeTechnical Mechanical Services
2022
Annual accounts 20221,3 M €↑
2021
Annual accounts 2021982,6 k €↑
2021
Name changeTechnical-Mechanical-Services TMS
2020
Annual accounts 2020319,1 k €↓
2019
Annual accounts 2019455,3 k €↑
2018
Annual accounts 2018382,3 k €↑
2017
Annual accounts 201777,1 k €↓
2016
Annual accounts 2016267,1 k €↑
2015
Annual accounts 2015257 k €↓
2014
Annual accounts 2014368,9 k €↑
2013
Annual accounts 2013163,1 k €↓
2012
Annual accounts 2012587,5 k €↑
2011
Annual accounts 2011283,9 k €↑
2010
Annual accounts 20105,8 k €↓
2009
Annual accounts 200923,6 k €↓
2008
Annual accounts 200835,5 k €↓
2008
Name changeTMS Technical-Mechanical-Services
2007
Annual accounts 2007107,1 k €↑
2006
Annual accounts 200616,2 k €
2006
Name changeAMTEX
03/01/1985
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Technical Mechanical Services

Overview

What does Technical Mechanical Services do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline