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ACEMAL

Active
Public limited companyfounded 197551 yrs activeAvenue Thomas Edison 61, 1402 Nivelles, BelgiumKBO/BCE: BE 0415.169.304
Summary

ACEMAL has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.3m and a net result of €2.2m. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 40% of 340 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28291Manufacture of machinery and equipment not elsewhere classified NACE 28930NACE 29241
#3 oldest company in Walloon Brabant, Machinery and equipment sector1 site
Size
€12.2mtotal assets 2025
Staff
14.8 FTE
Equity
€4.3m
Profit
€2.2m
Financial health
98 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Parent
ERELEN · 99.6%
Board
3 members
Accounts 54 d early1 of 5 deeds read
Why 98+ Size: total assets €12.2m+ Liquidity: current ratio 1.34, cash €9.3m+ Founded in 1975+ Figures for FY 2025 (filed 16-12-2025)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Better than 82% of its sector peers (NACE 28, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 60+18
equity 35.0% of total assets
Liquidity 66+27
short-term debt 64.9% · cash 75.8%
Profitability 91-9
return on assets 17.8%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (101 companies)
Last 13 months 10-2025: < 0.1% 11-2025: 0.1%▲ +6.1% vs 10-2025 12-2025: 0.1%▲ +15.4% vs 11-2025highest value 01-2026: < 0.1%▼ -45.0% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%● 0.0% vs 02-2026lowest value 04-2026: < 0.1%● 0.0% vs 03-2026lowest value 05-2026: < 0.1%● 0.0% vs 04-2026lowest value 06-2026: < 0.1%● 0.0% vs 05-2026lowest value 07-2026: < 0.1%● 0.0% vs 06-2026lowest value 08-2026: < 0.1%● 0.0% vs 07-2026lowest value 09-2026: < 0.1%▲ +3.0% vs 08-2026 10-2026: < 0.1%▲ +2.9% vs 09-2026
  • Size: total assets €12.2m lowers the probability for this profile
  • Liquidity: current ratio 1.34, cash €9.3m lowers the probability
  • Founded in 1975 lowers the probability for this profile
  • Figures for FY 2025 (filed 16-12-2025) lowers the probability
Credit up to €410,000 at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.06 in 2024; short-term debt: 64.9% and cash: 75.8% of total assets), and 65% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 28, medium-sized). Better than this share of them on solvency 48%, liquidity 88%, profitability 96%, growth against the median 97%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Size: total assets €12.2m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.34, cash €9.3m
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 1975
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Figures for FY 2025 (filed 16-12-2025)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-12-2025, 54 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
54 d early
2024
59 d early
2023
48 d early
2022
582 d late
2021
55 d early
2020
47 d early
2019
45 d early
← 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 39 days after the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 8 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close02-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Reappointments: Erelen Sa, Pierre de Longrée…Registered-office move · Power of…
  2. Annual accounts filedfiscal year 2025 · full…
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Positive: Equity rose in 2025from €2.1m to €4.3m ▲ 104% View
  • Positive: Oldest company in Walloon Brabant, Machinery and equipment…in the Checked rankings #3 View
  • Controlled by ERELENknown shareholders 100% 99.6% View
  • Positive: 7 profitable years in a rowprofit 2025: €2.2m 7 years View
  • Active since 1975founded 26-06-1975 51 years View

By topic

Financials

Fiscal year
2025
Total assets
€12.2m
Profit
€2.2m
Solvency
35.0%
Total assets▲ 0.9%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2016
Next accounts
by 31-01-2027
  1. 30-09-2026Reappointments: Erelen Sa, Pierre de Longrée and…
  2. 08-12-2025Annual accounts filed
  3. 03-12-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28291
Founded
26-06-1975
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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