Equity
€2.4m ▲ 14.0%
CCS STEEL paid out €300,000 in dividends. That is 48% of the 2025 profit.
CCS STEEL
Lifetime
7 annual accounts with figures on one time axispeak €8.8m (2022)
€7.3m▲ 1.9%
peak €624,584 (2025)
€624,584▲ 98.0%
peak €2.4m (2025)
€2.4m▲ 14.0%
€2.4m▼ 10.6%
peak 10.1 FTE (2022)
6.8 FTE▼ 27.7%
Board6 names since 2020
4 directorsCCC-INVEST and 3 others
Owners
consolidatesPantheon Holding
Documentsfilings and deeds
04-05-202688 days before the deadline
2025financial year
Result from €315,524 to €624,584Staff from 9.4 FTE to 6.8 FTEPantheon Netherlands Holding B.V. holds all the shares 15-07Amendment of the articles 30-05Dividend €300,000Equity from €2.1m to €2.4m
Key points
from the 2025 annual accountsResult
€624,584 ▲ 98.0%
The result rose in 2025 from €315,524 to €624,584.
Securities
€170.0m
Mandates to pledge the business, new in 2025. 71.3 times equity · not in the 2024 accounts.
Staff
10 employees on 31-12-2025
In 2025, 6 people joined and 6 left. On top of that, 3.4 agency workers worked there on average.
Filings
7 annual accounts since 2019
The last five annual accounts were filed 60 to 101 days before the end of the period.
Board
1 joined · 1 left
Board changed. Latest change 20-04-2026 · 3 in office.
Checked score
91
Excellent
Financially stronger than 60% of micro companies in fabricated metal products (NACE 25)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.5%▲ +0.1 percentage points vs 05-2025highest value
07-2025: 0.2%▼ -0.3 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.3%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%▼ -0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.2%● unchanged vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
lowers risk
Size: turnover €7.3m, 6.8 FTE, total assets €4.7m
Profit of €624,584 (financial year 2025)
Liquidity: current ratio 2.89, cash €401,471
Calculation
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 25, micro). It does better than 54% of them on solvency, 52% on liquidity, 74% on profitability and 59% 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).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as CCS STEEL has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CCS STEEL itself is lower: 0.2% within 12 months. It rests on far more data about CCS STEEL than the profile alone.
Test of the method
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 26,972 companies, not a prediction for CCS STEEL. 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.
Credit verdict
Credit of up to €210,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.89 (3.07 in 2024), above the usual 1.5. Short-term debt is 20.5% and cash 8.5% of total assets. 49.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Five signals.
lowers riskraises riskneutral
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 04-05-2026, 88 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
88 days early
2024
60 days early
2023
99 days early
2022
101 days early
2021
97 days early
2020
102 days early
2019
74 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 89 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% 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 25 April (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Pantheon Holdingequity €140.0m (2025) · 2025 annual accounts of Pantheon Holding
Recent changes
1 director appointed, 1 resignation
Appointment: CCC-INVEST · Permanent representative: Henk Ciers · Resignation: Henk Ciers · General meeting of 20-04-2026 · Gazette deed
1 statutory auditor reappointed, 3 directors reappointed
Moore Audit BV (statutory auditor), LOMAC BV, CCC-Invest BV and STEELCORP BV · Permanent representatives: Geert Van Ryckeghem, Olivier Strobbe, Dave Lombaert, Henk Ciers and Marco Van Mulders · General meeting of 20-04-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0704842877
Pantheon Netherlands Holding B.V. holds all the shares
Board meeting of 11-02-2025 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| CCS STEEL Wielsbeke | €7.3m | 10.2% | 50.3% | 6.8 |
| STEEL COATING CONCEPT Bastogne | €1.2m | -7.9% | 21.5% | 9 |
| BELGIQUE TRAVAUX EN HAUTEUR Mouscron | €3.6m | 0.3% | 56.0% | - |
| FERO V Ranst | - | - | 85.8% | 4.7 |
| SLD Ans | - | - | 71.5% | 11.4 |
| METALL.BE Eupen | - | - | 83.3% | 9.6 |
| HR Coating Pelt | - | - | 51.2% | 5.8 |
Grey: the largest companies of the sector (fabricated metal products (NACE 25)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as CCS STEEL: forging of metal (NACE 25401). They are comparable in size and age: total assets between €2.1m and €3m, founded between 2009 and 2015.
Official details
Source: KBO- Status
- Active since 20-09-2018Normal situation
- Activity
- Forging of metalNACE 25401and 2 others
- Joint committees
- 111Metal, mechanical and electrical engineering
- 209White-collar workers in metal manufacturing · annual accounts 2025
- Establishment unit
- 2.279.681.1328710 Wielsbeke, since 20-09-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 01-12-2025
Annual accounts 2025
- €4.7m▲ 0.3%
- Employeeson 31-12-2025
- 10=
- Filing
- Filed on 04-05-2026, 88 days before the end of the filing period
Insights on CCS STEEL
CCS STEEL has existed since 2018. The present size dates from 2020. Turnover rose that year from €703,882 to €4.4m and staff from 2.2 to 4.8 full-time equivalents.
Solvency rose in 2025 from 44.2% to 50.3% because of the retained profit and lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CCS STEEL
- What is the company number of CCS STEEL?
- The company number of CCS STEEL is 0704.842.877. The VAT number is the same number with BE in front: BE 0704.842.877.
- Where is CCS STEEL based?
- The registered office is at Hooiemeersstraat (S.B.V.) 8, 8710 Wielsbeke.Company details
- What does CCS STEEL do?
- According to the KBO register, the main activity is forging of metal (NACE 25401).
- What is the legal form of CCS STEEL?
- CCS STEEL is a public limited company (NV).
- When was CCS STEEL founded?
- CCS STEEL was founded on 20-09-2018.
- Is CCS STEEL still active?
- Yes, CCS STEEL is an active enterprise in the KBO register.
- How many employees does CCS STEEL have?
- CCS STEEL had an average of 6.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CCS STEEL fall under?
- In its 2025 annual accounts, CCS STEEL states joint committees 111 (Metal, mechanical and electrical engineering) and 209 (White-collar workers in metal manufacturing).
- What is the turnover of CCS STEEL?
- The turnover of CCS STEEL was €7.3m in financial year 2025, according to the filed annual accounts.
- Is CCS STEEL profitable?
- In financial year 2025, CCS STEEL made a profit of €624,584.
- Where can I find the annual accounts of CCS STEEL?
- CCS STEEL filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CCS STEEL due?
- CCS STEEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.