Financials
- Fiscal year
- 2025
- Total assets
- €821,582
- Profit
- €29,135
- Solvency
- 14.4%
Total assets▲ 22.0%
Net result
20192025
BANICA
ActiveThe file of BANICA contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 0.5% (very low). The 2025 annual accounts show equity of €118,521 and a net result of €29,135. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 19% of 2275 sector peers (fiscal year 2025).
Overview
Activity
Machining of metals
NACE 25530Manufacture of fabricated metal products, except machinery and equipment NACE 25620Roofing work NACE 43410
#7 oldest company in Heuvelland, Manufacturing sector1 site
Size
€821,582total assets 2025
- Staff
- 2 FTE
- Equity
- €118,521
- Profit
- €29,135
Turnover not published (abridged schema)
Structure
Accounts filed 20 d late0 of 3 deeds read
Why 80- Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)- Latest accounts 20 days late; 1 of the last 3 late+ Size: total assets €821,582+ Founded in 2010Show the evidence
Checked score
Score 2025
80
/ 100
Excellent
Probability in this band: under 0.55%
Better than 37% of its sector peers (NACE 25, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
39+1
equity 14.4% of total assets
Liquidity
10-2
short-term debt 79.1% · cash 2.6%
Profitability
73+73
return on assets 3.5%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.5%
12-2024: 0.5%▲ +1.6% vs 11-2024
01-2025: 0.5%▼ -0.2% vs 12-2024
02-2025: 0.5%▲ +6.4% vs 01-2025
03-2025: 0.6%▲ +9.0% vs 02-2025
04-2025: 0.7%▲ +15.1% vs 03-2025
05-2025: 1.0%▲ +56.4% vs 04-2025
06-2025: 1.3%▲ +20.9% vs 05-2025
07-2025: 1.5%▲ +20.6% vs 06-2025
08-2025: 1.6%▲ +7.3% vs 07-2025
09-2025: 2.1%▲ +30.1% vs 08-2025
10-2025: 3.9%▲ +82.9% vs 09-2025
11-2025: 4.0%▲ +1.6% vs 10-2025
12-2025: 4.2%▲ +5.8% vs 11-2025
01-2026: 3.9%▼ -7.7% vs 12-2025
02-2026: 3.9%● 0.0% vs 01-2026
03-2026: 4.5%▲ +15.8% vs 02-2026
04-2026: 4.5%● 0.0% vs 03-2026
05-2026: 6.0%▲ +32.8% vs 04-2026highest value
06-2026: 0.5%▼ -91.7% vs 05-2026
07-2026: 0.5%● 0.0% vs 06-2026
08-2026: 0.5%● 0.0% vs 07-2026
09-2026: 0.5%● 0.0% vs 08-2026
10-2026: 0.5%▼ -0.6% vs 09-2026lowest value
- Size: total assets €821,582 lowers the probability for this profile
- Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25) raises the probability
- Latest accounts 20 days late; 1 of the last 3 late raises the probability
- Founded in 2010 lowers the probability for this profile
Credit up to €9,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.04 against 0.92 in 2024; short-term debt: 79.1% and cash: 2.6% of total assets), and 85.6% 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 25, micro). Better than this share of them on solvency 17%, liquidity 5%, profitability 46%, growth against the median 80%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. 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
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 2275 sector peers (2025).
NBB · sector comparisonPosition among 2275 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-05-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
20 d late
2024
385 d late
2023
91 d early
2022
198 d late
2021
480 d late
2020
524 d late
2019
221 d late
← 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 248 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 14 November (4 of the last 5 filed years within 282 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close05-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €29,135
Key points
By topic
Timeline
- Events
- 18
- Since
- 2017
- Next accounts
- by 30-04-2027
- 20-05-2026Annual accounts filed
- 20-05-2026Annual accounts filed
- 30-09-2025Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Machining of metalsNACE 25530
- Founded
- 18-03-2010
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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