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Athena Machinery

Active
Private limited companyfounded 2025active for 1 yearLangendam 19, 9940 Evergem, BelgiumKBO/BCE: BE 1019.658.753
Summary

Athena Machinery has been active since 2025 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 €526,296. Its solvency ranks better than 68% of 12,578 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Retail trade
NACE 47812
1 site
Size
€4.5mtotal assets 2025
Equity
€2.5m
Profit
€526,296
Turnover not published (abbreviated format)
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
  • BV PEDRAM INTERNATIONALDirector · permanent representative Pedram Pajokh
Accounts filed 6 days late
Why 97raises riskFounded in 2025lowers riskSize: total assets €4.5mLiquidity: current ratio 2.19, cash €828,108Figures for financial year 2025 (filed 06-02-2026)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 75% of its sector peers (NACE 47, small)
Financial strength
Strong
Solvency 80
equity 54.9% of total assets
Liquidity 51
short-term debt 45.1% · cash 18.2%
Profitability 83
return on assets 11.6%
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 0.4% (3,690 companies, NACE 47, small)
Last 24 months 03-2026: 1.8% 04-2026: 1.9%▲ +0.1 percentage points vs 03-2026 05-2026: 1.9%● unchanged vs 04-2026 06-2026: 2.4%▲ +0.5 percentage points vs 05-2026 07-2026: 2.4%● unchanged vs 06-2026 08-2026: 2.6%▲ +0.2 percentage points vs 07-2026 09-2026: 2.9%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 0.1%▼ -2.8 percentage points vs 09-2026lowest value
Credit of up to €240,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity ample (current ratio 2.19, above the usual 1.5; short-term debt: 45.1% and cash: 18.2% of total assets), and 45.1% 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 47, small): better than 77% on solvency, 65% on liquidity and 84% on profitability.

The bankruptcy probability was computed on 18-10-2026 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
lowers risk · Size: total assets €4.5m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 2.19, cash €828,108
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 06-02-2026)
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-02-2026, 6 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
6 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Resignation: Pedram Pajokh (director)Appointment: BV PEDRAM INTERNATIONAL (director)…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. IncorporationAppointment: PAJOKH Pedram (director) ·…

Key points

  • Positive: Among the best 5% on net resultsector median €28,143 · 12,567 companies €526,296 View
  • Caution: Board changedlatest change 01-01-2026 · 1 in office 1 joined · 1 left View
  • Total assets 2025first financial year filed €4.5m View

By topic

Financials

Financial year
2025
Total assets
€4.5m
Profit
€526,296
Solvency
54.9%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Retail tradeNACE 47812
Founded
05-02-2025
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
13
Annual meeting
First Monday of December at 17:00
Purpose
“Het aan- en verkopen,huren en verhuren,importeren en exporteren van voertuigen,alsmede…” (deed in Dutch)
Go to Articles of association

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