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Benvitec Manufacturing

Active
Public limited companyfounded 1993active for 33 yearsKoolmijnlaan 185, 3582 Beringen, BelgiumKBO/BCE: BE 0449.252.035
Summary

Benvitec Manufacturing has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €829,964 and a net result of -€399,695. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 373 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Overview

Activity
Construction of utility projects for electricity and telecommunications
NACE 42220Manufacture of fabricated metal products, except machinery and equipment NACE 25210
9th largest employer in Beringen, Construction sector1 site
Size
€4.0mturnover 2025
Staff
37.4 FTE
Equity
€829,964
Loss
-€399,695
Financial health
61 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.5%
Structure
Parent
BENVITEC HOLDING MAATSCHAPPIJ · 100%
Accounts 4 days early7 of 29 deeds read
Why 61raises riskLoss of €399,695 (financial year 2025)Size: turnover €4.0m, 37.4 FTE, total assets €3.3mLiquidity: current ratio 1.24, cash €123,794Equity €829,964 (25.1% of total assets)Show the evidence

Checked score

Score 2025
61 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 11% of its sector peers (NACE 42, small)
Financial strength · tick = 2024
Weak
Solvency 50-4
equity 25.1% of total assets
Liquidity 18+4
short-term debt 68.9% · cash 3.7%
Profitability 4-58
return on assets -12.1%
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (299 companies, NACE 42, small)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%▼ -0.2 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026lowest value 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 1.5%▲ +1.2 percentage points vs 07-2026highest value 09-2026: 1.5%● unchanged vs 08-2026highest value 10-2026: 1.5%● unchanged vs 09-2026highest value
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.24, compared with 1.37 in 2024, below the usual 1.5; short-term debt: 68.9% and cash: 3.7% of total assets), and 74.9% 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 42, small): better than 28% on solvency, 10% on liquidity, 3% on profitability and 3% on growth.

The bankruptcy probability was computed on 17-10-2026 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.
raises riskneutral
raises risk · Loss of €399,695 (financial year 2025)
NBB · annual accounts
raises risk · Size: turnover €4.0m, 37.4 FTE, total assets €3.3m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.24, cash €123,794
NBB · annual accounts
raises risk · Equity €829,964 (25.1% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 days early
2024
22 days early
2023
33 days early
2022
28 days early
2021
33 days early
2020
38 days early
2019
15 days 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 25 days before the deadline; the sector median (NACE 42) for financial year 2024 is 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
17-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Arthur Smet (director)Gazette deed
  2. Resignations & appointments · MiscellaneousCorrection
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Caution: Turnover fell in 2025from €27.8m to €4.0m ▼ 85.7% View
  • Caution: Among the weakest 8% on net resultsector median €230,744 · 373 companies -€399,695 View
  • 2 restructurings in 2026latest: branch transferred to Benvitec Solutions 2 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Caution: A director leftlatest change 01-09-2026 · 1 in office 1 left View
  • Controlled by BENVITEC HOLDING MAATSCHAPPIJultimately: D-Sea 100% View

By topic

Financials

Financial year
2025
Turnover
€4.0m
Loss
-€399,695
Solvency
25.1%
Turnover▼ 85.7%
Net result
20182025
Go to Financials

Board & ownership

Board
1 member
Parent
BENVITEC HOLDING MAATSCHAPPIJ · 100%
  • Jerry TheysDirector
Go to Board & ownership

Timeline

Events
42
Since
1995
Next accounts
by 31-07-2027
  1. 11-05-2026Capital & shares
  2. 09-04-2026Appointment: Jerry Theys (director)
  3. 24-02-2026Appointment: Jeroen (Jerry) Theys (day-to-day manager)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Construction of utility projects for electricity and telecommunicationsNACE 42220
Founded
20-01-1993
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
4
Purpose
“Onderneming voor het ophalen, afvoeren, verwerken, vervoeren, vernietigen, recycleren…” (deed in Dutch)
Go to Articles of association

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