Equity
ABM - TECNA paid out €275,000 in dividends. That is 50% of the 2025 profit.
ABM - TECNA paid out €275,000 in dividends. That is 50% of the 2025 profit.
The result fell in 2025 from €969,443 to €551,726.
In 2025, 14 people joined and 3 left. On top of that, 3,797 agency workers worked there on average.
Three of the last ten came late. The 2020 accounts came latest: 23 days after the end of the period.
Board changed. Latest change 30-10-2026 · 4 in office.
More staff than 91% of companies in machinery and equipment. Sector median 20.9 FTE · 346 companies.
The dashed line is the sector median: 0.2% across 101 companies (NACE 28, medium-sized).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 28, medium-sized). It does better than 52% of them on solvency, 36% on liquidity, 54% on profitability and 44% 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).
In July 2024, 1,887 companies had the same profile as ABM - TECNA has now. Each dot stands for 5 companies, two years later.
That fits the bankruptcy probability of ABM - TECNA itself: 0.1% within 12 months.
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.
| 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 1,887 companies, not a prediction for ABM - TECNA. 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.
Liquidity is tight, with a current ratio of 1.15 (1.3 in 2024), below the usual 1.5. Short-term debt is 59.4% and cash 9.8% of total assets. 62.5% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% of those companies filed late.
Shares in 3 companies, including TRANSMECA and ATELIERS EMILE MEURICE
Board & ownership| Company | ||||
|---|---|---|---|---|
| ABM - TECNA Fleurus | €29.7m | 3.2% | 37.5% | 164.2 |
| NARVIFLEX Geel | €36.6m | 5.9% | 30.2% | 131 |
| HYDRAULIEK MORREELS Brakel | €29.7m | 5.7% | 48.2% | 70.1 |
| VIGAN TECHNOLOGY Nivelles | €28.3m | 1.9% | 22.3% | 67.6 |
| SOENEN TECHNOLOGY Roeselare | €23.7m | 21.6% | 26.2% | 56.7 |
| Fain Belgium Nazareth | €45.4m | 4.0% | 35.0% | 213.9 |
| Grues et Matériel forestier Deom Libin | €38.5m | 14.9% | 44.5% | 59.2 |
Grey: the largest companies of the sector (machinery and equipment (NACE 28)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as ABM - TECNA: manufacture of machinery and equipment not elsewhere classified (NACE 28220). They are comparable in size and age: total assets between €18m and €41m, founded between 1973 and 2003.
ABM - TECNA has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.8m and a net result of €551,726.
Equity has been growing by about 26% per year since 2019. Its solvency ranks better than 43% of 384 sector peers (NACE 28, financial year 2025).
The computed 12-month bankruptcy probability is 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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