Staff
Between 2022 and 2025, 78% of the full-time equivalents disappeared.
Between 2022 and 2025, 78% of the full-time equivalents disappeared.
The last five annual accounts were filed 93 to 124 days before the end of the period.
Lower net result than 85% of companies in machinery and equipment. Sector median €43,613 · 478 companies.
The dashed line is the sector median: 0.3% across 980 companies (NACE 28, micro).
About 2 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, micro). It does better than 45% of them on solvency, 16% on liquidity, 21% on profitability and 33% 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, 6,908 companies had the same profile as Bindus has now. Each dot stands for 18 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Bindus itself: 0.2% 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 6,908 companies, not a prediction for Bindus. 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 1.32 (1.51 in 2024), below the usual 1.5. Short-term debt is 56.6% and cash 2.6% of total assets. 58.4% 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 94 days before the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Bindus Genk | - | - | 41.6% | 1.6 |
| ROTSAERT MACHINEBOUW Kuurne | - | - | 46.1% | 4 |
| FERINOX CONCEPT Sambreville | - | - | 55.7% | 7 |
| Machines Rigo-Decoux Int'l Fernelmont | - | - | 89.9% | 0.5 |
| Bogaerts Next Engineering Hoogstraten | €5.6m | 7.4% | 88.8% | 76.8 |
| Merco Machines Merelbeke-Melle | €17.4m | 11.1% | 50.1% | 52.5 |
These companies have the same main activity as Bindus: manufacture of machinery and equipment not elsewhere classified (NACE 28910). They are comparable in size and age: total assets between €326,000 and €17m, founded between 1990 and 2012.
Bindus files the abbreviated format. That format states no turnover. The gross margin fell from €298,103 in 2014 to €171,132 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €440,000. Estimated: probably between €270,000 and €810,000.
Higher than 46% of 478 companies in 2025.
Higher than 32% of 476 companies in 2025.
Higher than 19% of 477 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, nobody joined and 3 people left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
2.0m | 2.3m | 2.7m | 2.0m | 1.4m | 1.2m | 1.2m | 1.2m | 730,148 | 928,710 | 876,610 | 978,312 | |
21/28 |
503,253 | 104,027 | 144,871 | 176,935 | 197,108 | 146,318 | 142,187 | 176,155 | 189,835 | 260,517 | 290,706 | - | |
21 |
5,175 | 8,688 | 12,200 | 15,713 | 2,915 | - | - | - | - | - | - | 2,083 | |
22/27 |
45,538 | 80,340 | 117,671 | 146,222 | 179,193 | 131,318 | 142,187 | 176,155 | 189,835 | 260,517 | 290,706 | 299,180 | |
22 |
9,436 | 14,508 | 24,398 | 36,840 | 47,147 | 58,418 | 73,369 | 83,135 | 98,253 | 113,371 | 122,591 | 89,686 | |
23 |
34,963 | 64,350 | 91,449 | 106,880 | 128,809 | 70,395 | 65,723 | 89,335 | 89,284 | 144,455 | 165,033 | 206,019 | |
24 |
1,139 | 1,481 | 1,823 | 2,502 | 3,181 | 2,394 | 2,929 | 3,463 | 2,020 | 2,357 | 2,694 | 3,031 | |
26 |
- | - | - | - | 56 | 111 | 167 | 222 | 278 | 333 | 389 | 444 | |
28 |
452,540 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | - | - | - | - | - | - | |
29/58 |
1.5m | 2.2m | 2.5m | 1.8m | 1.2m | 1.1m | 1.1m | 976,435 | 540,312 | 668,194 | 585,904 | 677,049 | |
3 |
1.2m | 1.2m | 1.1m | 976,507 | 676,487 | 397,612 | 447,715 | 472,393 | 280,141 | 240,339 | 236,788 | 198,865 | |
30/36 |
1.2m | 1.2m | 1.1m | 976,507 | 676,487 | 397,612 | 447,715 | 472,393 | 280,141 | 240,339 | 236,788 | 198,865 | |
40/41 |
231,433 | 799,202 | 1.4m | 583,113 | 272,193 | 152,470 | 84,672 | 449,174 | 206,733 | 386,850 | 155,792 | 369,114 | |
40 |
208,330 | 391,945 | 936,838 | 369,906 | 138,490 | 57,811 | - | 363,635 | 172,503 | 298,729 | - | 141,005 | |
41 |
23,102 | 407,257 | 459,338 | 213,207 | 133,703 | 94,658 | 84,672 | 85,539 | 34,230 | 88,121 | 155,792 | 228,109 | |
54/58 |
53,003 | 210,454 | 62,410 | 252,440 | 259,614 | 504,093 | 547,844 | 54,868 | 53,438 | 41,004 | 193,324 | 107,889 | |
490/1 |
6,614 | 8,803 | 1,549 | 1,449 | 4,655 | 1,750 | 208 | - | - | - | - | 1,181 | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
2.0m | 2.3m | 2.7m | 2.0m | 1.4m | 1.2m | 1.2m | 1.2m | 730,148 | 928,710 | 876,610 | 978,312 | |
10/15 |
832,324 | 857,463 | 879,152 | 839,547 | 754,405 | 525,733 | 461,458 | 395,653 | 308,364 | 259,057 | 229,695 | 191,904 | |
10/11 |
15,500 | 15,500 | 15,500 | 15,500 | 15,500 | 15,500 | 15,500 | 15,500 | 15,500 | 15,500 | 15,500 | - | |
10 |
- | - | - | - | - | - | - | - | - | - | - | 15,500 | |
100 |
- | - | - | - | - | - | 27,900 | 27,900 | 27,900 | 27,900 | 27,900 | 27,900 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
816,824 | 841,963 | 863,652 | 824,047 | 738,905 | 510,233 | 445,958 | 380,153 | 2,790 | 2,790 | 2,790 | 2,790 | |
130/1 |
- | - | 2,790 | 2,790 | 2,790 | 2,790 | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 2,790 | 2,790 | 2,790 | 2,790 | 2,790 | 2,790 | |
1311 |
- | - | 2,790 | 2,790 | 2,790 | 2,790 | - | - | - | - | - | - | |
133 |
816,824 | 841,963 | 860,862 | 821,257 | 736,115 | 507,443 | 443,168 | 377,363 | - | - | - | - | |
14 |
- | - | - | - | - | - | - | - | 290,074 | 240,767 | 211,405 | 173,614 | |
17/49 |
1.2m | 1.5m | 1.8m | 1.2m | 655,652 | 676,510 | 761,168 | 756,938 | 421,783 | 669,653 | 646,915 | 786,408 | |
17 |
36,141 | - | - | - | 898 | 11,538 | 52,793 | 114,858 | 175,056 | 233,622 | 310,218 | 368,920 | |
170/4 |
- | - | - | - | 898 | 11,538 | 52,793 | 114,858 | 175,056 | 233,622 | 310,218 | 368,920 | |
178/9 |
36,141 | - | - | - | - | - | - | - | - | - | - | - | |
42/48 |
1.1m | 1.5m | 1.8m | 483,915 | 178,326 | 580,765 | 708,375 | 642,081 | 246,727 | 436,031 | 336,697 | 417,488 | |
42 |
- | - | - | 898 | 10,640 | 41,255 | 61,985 | 60,199 | 62,610 | 56,978 | 8,702 | 8,396 | |
44 |
1.1m | 1.4m | 1.7m | 375,010 | 62,537 | 478,421 | 515,098 | 533,351 | 151,944 | 333,591 | 229,051 | 362,965 | |
440/4 |
1.1m | 1.4m | 1.7m | 375,010 | 62,537 | 478,421 | 515,098 | 533,351 | 151,944 | 333,591 | 229,051 | 362,965 | |
45 |
14,545 | 31,375 | 30,314 | 108,007 | 105,150 | 16,088 | 23,960 | 48,531 | 32,173 | 45,463 | 39,314 | 37,127 | |
450/3 |
- | - | - | 79,027 | 81,707 | 2,596 | 14,937 | 36,394 | 21,457 | 25,265 | 14,497 | 26,398 | |
454/9 |
14,545 | 31,375 | 30,314 | 28,979 | 23,443 | 13,492 | 9,023 | 12,137 | 10,716 | 20,198 | 24,817 | 10,729 | |
47/48 |
- | 66,141 | 36,141 | - | - | 45,000 | 107,332 | - | - | - | 59,630 | 9,000 | |
492/3 |
10 | 3,013 | 89 | 666,984 | 476,428 | 84,208 | - | - | - | - | - | - | |
| Income statement | |||||||||||||
9900 |
171,132 | 412,782 | 460,007 | 482,096 | 618,532 | 327,488 | 336,738 | 328,170 | 277,289 | 246,081 | 249,646 | 298,103 | |
62 |
167,544 | 338,543 | 331,661 | 286,871 | 232,127 | 150,629 | 154,196 | 133,524 | 127,521 | 122,358 | 115,162 | 123,897 | |
630 |
38,315 | 58,442 | 67,053 | 71,866 | 51,385 | 45,145 | 40,812 | 75,617 | 71,588 | 71,286 | 67,239 | 66,047 | |
640/8 |
2,260 | 2,213 | 2,097 | 1,971 | 1,340 | 1,338 | 1,252 | 1,229 | 1,205 | 1,245 | 1,205 | 1,104 | |
66A |
- | - | - | - | - | 260 | - | - | - | - | - | - | |
9901 |
-36,986 | 13,585 | 59,195 | 121,387 | 333,680 | 130,117 | 140,478 | 117,801 | 76,975 | 51,192 | 66,039 | 107,055 | |
75/76B |
12,540 | - | 0 | 1,696 | 2,427 | 3,082 | 2,001 | 2,182 | 2,453 | 1,328 | 928 | - | |
75 |
12,540 | - | 0 | 1,696 | 2,427 | 3,082 | 2,001 | 2,182 | 2,453 | 1,328 | 928 | 1,667 | |
65/66B |
694 | 371 | 502 | 938 | 3,407 | 3,676 | 6,211 | 7,758 | 8,841 | 12,332 | 14,670 | - | |
65 |
694 | 371 | 502 | 938 | 3,407 | 3,676 | 6,211 | 7,758 | 8,841 | 12,332 | 14,670 | 5,599 | |
9903 |
-25,140 | 13,214 | 58,693 | 122,145 | 332,700 | 129,524 | 136,268 | 112,225 | 70,587 | 40,188 | 52,297 | 103,123 | |
67/77 |
- | 4,903 | 19,088 | 37,004 | 104,027 | 20,249 | 25,463 | 24,937 | 21,280 | 10,826 | 14,506 | 26,398 | |
9904 |
-25,140 | 8,311 | 39,606 | 85,141 | 228,672 | 109,275 | 110,805 | 87,288 | 49,307 | 29,362 | 37,791 | 76,725 | |
9905 |
-25,140 | 8,311 | 39,606 | 85,141 | 228,672 | 109,275 | 110,805 | 87,288 | 49,307 | 29,362 | 37,791 | 76,725 | |
| Appropriation of the result | |||||||||||||
9906 |
-25,140 | 8,311 | 39,606 | 85,141 | 228,672 | 109,275 | 110,805 | 377,363 | 290,074 | 240,767 | 211,405 | 184,474 | |
14P |
- | - | - | - | - | - | - | - | - | - | - | 107,749 | |
791/2 |
25,140 | 30,000 | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | 8,311 | 39,606 | 85,141 | 228,672 | 64,275 | 65,805 | 377,363 | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
- | 8,311 | 39,606 | 85,141 | 228,672 | 64,275 | 65,805 | 377,363 | - | - | - | - | |
694/7 |
- | 30,000 | - | - | - | 45,000 | 45,000 | - | - | - | - | - | |
694 |
- | 30,000 | - | - | - | - | - | - | - | - | - | - | |
695 |
- | - | - | - | - | 45,000 | 45,000 | - | - | - | - | 9,000 | |
| Social balance sheet | |||||||||||||
9087 |
1.6 | 4.9 | 6.3 | 7.2 | 5.7 | 4.4 | 3.3 | 2.8 | 2.9 | 3 | 2.6 | 2.8 | |
Hours worked1013 |
2,864 | 8,393 | 9,039 | 8,923 | 7,107 | 4,697 | 5,308 | 4,710 | 4,604 | 4,453 | 4,242 | - | |
| Document | |||||||||||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 18-04-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 18-04-2026 | 2026-00082058 | |
| 31-12-2024 | abbreviated format | 29-03-2025 | 2025-00057561 | |
| 31-12-2023 | abbreviated format | 29-04-2024 | 2024-00071866 | |
| 31-12-2022 | abbreviated format | 30-03-2023 | 2023-00048366 | |
| 31-12-2021 | abbreviated format | 31-03-2022 | 2022-09300176 | |
| 31-12-2020 | abbreviated format | 29-04-2021 | 2021-11600600 | |
| 31-12-2019 | abbreviated format | 29-07-2020 | 2020-35200083 | |
| 31-12-2018 | abbreviated format | 29-04-2019 | 2019-10900391 | |
| 31-12-2017 | abbreviated format | 29-03-2018 | 2018-08100198 | |
| 31-12-2016 | abbreviated format | 30-06-2017 | 2017-23700414 | |
| 31-12-2015 | abbreviated format | 29-08-2016 | 2016-48100519 | |
| 31-12-2014 | abbreviated format | 30-07-2015 | 2015-36200118 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,329 | 72,026 | 126,248 | 193,254 | 385,065 | 175,262 | 181,290 | 193,418 | 148,564 | 122,478 | 133,279 | 173,102 | ||
| 13,175 | 66,753 | 106,659 | 157,008 | 280,057 | 154,420 | 151,617 | 162,905 | 120,895 | 100,648 | 105,030 | 142,772 | ||
| 437,540 | 17,598 | 34,989 | 51,693 | 102,175 | 34,536 | 6,843 | 61,937 | 907 | 41,097 | 56,682 | 511,969 | ||
| -157,451 | 148,044 | -190,031 | -7,174 | -244,479 | -43,751 | 492,975 | 1,430 | 12,434 | -152,320 | 85,435 | - | ||
| 365,221 | 756,449 | 734,370 | 1.3m | 1.0m | 475,160 | 372,064 | 334,355 | 293,585 | 232,162 | 249,207 | 259,561 | ||
| 41.6% | 36.6% | 32.9% | 42.2% | 53.5% | 43.7% | 37.7% | 34.3% | 42.2% | 27.9% | 26.2% | 19.6% | ||
| 1.32 | 1.51 | 1.41 | 3.75 | 6.80 | 1.82 | 1.53 | 1.52 | 2.19 | 1.53 | 1.74 | 1.62 | ||
| 0.26 | 0.69 | 0.81 | 1.73 | 3.01 | 1.13 | 0.89 | 0.79 | 1.05 | 0.98 | 1.04 | 1.15 | ||
| 1.40 | 1.73 | 2.04 | 1.37 | 0.87 | 1.29 | 1.65 | 1.91 | 1.37 | 2.58 | 2.82 | 4.10 | ||
| -3.0% | 1.0% | 4.5% | 10.1% | 30.3% | 20.8% | 24.0% | 22.1% | 16.0% | 11.3% | 16.5% | 40.0% | ||
| -1.3% | 0.4% | 1.5% | 4.3% | 16.2% | 9.1% | 9.1% | 7.6% | 6.8% | 3.2% | 4.3% | 7.8% | ||
| 1.91 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - | 30.92 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 4 | 7 | 9 |
| full-time | 1 | 3 | 5 | 6 |
| part-time | - | 1 | 2 | 3 |
| in full-time equivalents | 1 | 3.8 | 6 | 7.4 |
| 1.6 | 4.9 | 6.3 | 7.2 | |
| On a permanent contract | 1 | 4 | 6 | 8 |
| Joined | 0 | 1 | 5 | 6 |
| Left | 3 | 4 | 7 | 5 |
Source: social balance sheet in the 2022 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €17,598 | €34,989 | €37,199 |
| Intangible fixed assets | - | - | - | €14,494 |
| Financial fixed assets | €437,540 | - | - | - |
| €38,315 | €58,442 | €67,053 | €71,866 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €36,986, after a profit of €13,585 in 2024. It is the lowest result since 2014.
Debt's share of the balance-sheet total falls from 63.4% to 58.4%. Equity and debt are lower.
Bindus has no parent and no holdings in its annual accounts.
| Digital Pharma
registered office since 04-08-2021 · founded in 2021 |
2.7 FTE (2025) 0771.989.346 |
| INTEGRATED MATERIAL CONTROL ENGINEERING
registered office since 06-07-1995 · founded in 1995 |
3.3 FTE (2025) 0455.265.441 |
| ALL-INN SERVICES
registered office since 15-06-2007 · founded in 2007 |
1.5 FTE (2025) 0890.118.916 |
| DOBO TECHNICS
establishment since 01-08-2022 · founded in 2021 |
total assets €229,845 (2025) 0764.300.018 |
| X-DESIGN PRO
registered office since 01-05-2008 · founded in 2004 |
2.1 FTE (2025) 0870.673.483 |
| PharmaPhoto
registered office since 04-08-2021 · founded in 2021 |
total assets €66,699 (2025) 0771.989.544 |
| Bimaco
registered office since 08-04-2015 |
founded in 2015 0740.632.711 |
| BIPCO
registered office since 31-07-2014 |
founded in 2014 0558.879.059 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Slingerweg 52 registered office 3600 Genk 26510 Manufacture of computer, electronic and optical products | 01-01-2014 | 2.224.691.238 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71304E0727/00T012 | 4,715 m² | 1 · 1,974 m² | 8.4 m · 2 |
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