CNC TECH
ActiveSummary
CNC TECH has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €122,218 and a net result of €62,218. Equity is growing by ~21.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+29
Solvency84▼-1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity ample (current ratio 2.19 against 2.44 in 2023; short-term debt: 34.8% and cash: 12.6% of total assets), and 41.1% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 13-06-2026, 48 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
48 d early
2024
26 d early
2023
25 d early
2022
29 d early
2021
28 d early
2020
30 d early
2019
21 d 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 30 days before 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 3 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€122,218▼ 37.5%
2023 · €195,568
Total assets
€207,348▼ 36.4%
2023 · €325,877
Net result
€62,218▲ 809%
2023 · €6,842
Working capital
€85,588▼ 43.7%
2023 · €151,940
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€77,913▲ 121%€51,824▼ 33.5%€87,098▲ 68.1%€12,736▼ 85.4%€84,939▲ 567%
Net result€65,501above the sector's middle half▲ 186%€38,100above the sector's middle half▼ 41.8%€66,943above the sector's middle half▲ 75.7%€6,842within the sector's middle half▼ 89.8%€62,218above the sector's middle half▲ 809%
Equity€123,683within the sector's middle half▲ 48.7%€161,783within the sector's middle half▲ 30.8%€188,726above the sector's middle half▲ 16.7%€195,568above the sector's middle half▲ 3.6%€122,218within the sector's middle half▼ 37.5%
Total assets€187,030within the sector's middle half▲ 47.5%€204,434within the sector's middle half▲ 9.3%€288,297within the sector's middle half▲ 41.0%€325,877within the sector's middle half▲ 13.0%€207,348within the sector's middle half▼ 36.4%
Debt€63,347▲ 45.3%€42,651▼ 32.7%€99,570▲ 133%€130,309▲ 30.9%€85,130▼ 34.7%
Working capital€105,584within the sector's middle half▲ 44.8%€116,839above the sector's middle half▲ 10.7%€136,373above the sector's middle half▲ 16.7%€151,940above the sector's middle half▲ 11.4%€85,588within the sector's middle half▼ 43.7%
Solvency66.1%above the sector's middle half▲ 0.5pp79.1%above the sector's middle half▲ 13.0pp65.5%within the sector's middle half▼ 13.7pp60.0%within the sector's middle half▼ 5.4pp58.9%within the sector's middle half▼ 1.1pp
Current ratio3.02within the sector's middle half▼ 0.153.74above the sector's middle half▲ 0.723.12above the sector's middle half▼ 0.612.44within the sector's middle half▼ 0.692.19within the sector's middle half▼ 0.25
Return on assets (ROA)35.0%above the sector's middle half▲ 17.0pp18.6%above the sector's middle half▼ 16.4pp23.2%above the sector's middle half▲ 4.6pp2.1%within the sector's middle half▼ 21.1pp30.0%above the sector's middle half▲ 27.9pp
Staff (FTE)1within the sector's middle half=1=1=1
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 567% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €207,348
Fixed assets
€49,628 ▼ 27.1%
Current assets
€157,720 ▼ 38.8%
Equity and liabilities €207,348
Equity
€122,218 ▼ 37.5%
Debt
€85,130 ▼ 34.7%
Debt's share of the balance-sheet total rises from 40.0% to 41.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€110,858▲
2023 · €36,905
Cash flow
€88,136▲
2023 · €31,011
Quick ratio
2.09▼
2023 · 2.36
Debt to equity
0.70▲
2023 · 0.67
ROE
50.9%▲
2023 · 3.5%
Interest coverage
41.01▲
2023 · 9.49
Debt ≤ 1 year
€72,132▼
2023 · €105,862
Debt > 1 year
€12,998▼
2023 · €24,447
Income taxes
€21,197▲
2023 · €2,525
Staff costs
€51,481▲
2023 · €42,800
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,679 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €11,719 | - | - |
| Remuneration, social security and pensions62 | - | €40,464 | €40,908 | €42,800 | €51,481 | ▲ 20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,227 | €18,657 | €10,889 | €24,169 | €25,918 | ▲ 7.2% |
| Other operating charges640/8 | - | €1,189 | €647 | €1,635 | €1,681 | ▲ 2.8% |
| Gross operating margin9900 | €129,406 | €112,135 | €139,543 | €81,339 | €164,020 | ▲ 102% |
| Operating profit (loss)9901 | €77,913 | €51,824 | €87,098 | €12,736 | €84,939 | ▲ 567% |
| Financial income75/76B | - | €566 | €261 | €521 | €1,178 | ▲ 126% |
| Recurring financial income75 | €589 | €566 | €261 | €521 | €1,178 | ▲ 126% |
| Financial charges65/66B | - | €911 | €1,575 | €3,890 | €2,703 | ▼ 30.5% |
| Recurring financial charges65 | €414 | €911 | €1,575 | €3,890 | €2,703 | ▼ 30.5% |
| Profit (loss) for the period before taxes9903 | €78,087 | €51,478 | €85,784 | €9,367 | €83,414 | ▲ 791% |
| Income taxes67/77 | €12,586 | €13,378 | €18,841 | €2,525 | €21,197 | ▲ 739% |
| Profit (loss) for the period9904 | €65,501 | €38,100 | €66,943 | €6,842 | €62,218 | ▲ 809% |
| Profit (loss) for the period to be appropriated9905 | €65,501 | €38,100 | €66,943 | €6,842 | €62,218 | ▲ 809% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €187,030 | €204,434 | €288,297 | €325,877 | €207,348 | ▼ 36.4% |
| Fixed assets21/28 | €29,204 | €44,944 | €87,745 | €68,076 | €49,628 | ▼ 27.1% |
| Tangible fixed assets22/27 | €28,954 | €44,694 | €87,495 | €67,826 | €49,378 | ▼ 27.2% |
| Plant, machinery and equipment23 | - | €14,682 | €12,770 | €13,239 | €8,439 | ▼ 36.3% |
| Furniture and vehicles24 | - | €5,291 | €53,236 | €38,734 | €30,723 | ▼ 20.7% |
| Other tangible fixed assets26 | - | €24,721 | €21,489 | €15,852 | €10,216 | ▼ 35.6% |
| Financial fixed assets28 | €250 | €250 | €250 | €250 | €250 | = |
| Current assets29/58 | €157,827 | €159,490 | €200,552 | €257,802 | €157,720 | ▼ 38.8% |
| Stocks and contracts in progress3 | €5,140 | €5,931 | €9,074 | €7,684 | €7,221 | ▼ 6.0% |
| Stocks30/36 | - | €5,931 | €9,074 | €7,684 | €7,221 | ▼ 6.0% |
| Amounts receivable within one year40/41 | €68,510 | €65,211 | €154,214 | €112,501 | €113,584 | ▲ 1.0% |
| Trade receivables40 | - | €35,919 | €114,281 | €81,302 | €101,794 | ▲ 25.2% |
| Other amounts receivable41 | - | €29,292 | €39,933 | €31,199 | €11,790 | ▼ 62.2% |
| Current investments50/53 | - | - | - | €70,000 | - | - |
| Cash at bank and in hand54/58 | €82,917 | €80,724 | €28,925 | €57,292 | €26,226 | ▼ 54.2% |
| Deferred charges and accrued income490/1 | - | €7,624 | €8,339 | €10,325 | €10,689 | ▲ 3.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €187,030 | €204,434 | €288,297 | €325,877 | €207,348 | ▼ 36.4% |
| Equity10/15 | €123,683 | €161,783 | €188,726 | €195,568 | €122,218 | ▼ 37.5% |
| Contributions10/11 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €113,683 | €151,783 | €178,726 | €185,568 | €112,218 | ▼ 39.5% |
| Distributable reserves133 | - | €151,783 | €178,726 | €185,568 | €112,218 | ▼ 39.5% |
| Amounts payable17/49 | €63,347 | €42,651 | €99,570 | €130,309 | €85,130 | ▼ 34.7% |
| Amounts payable after more than one year17 | €2,039 | - | €35,391 | €24,447 | €12,998 | ▼ 46.8% |
| Financial debts170/4 | - | - | €35,391 | €24,447 | €12,998 | ▼ 46.8% |
| Amounts payable within one year42/48 | €52,243 | €42,651 | €64,179 | €105,862 | €72,132 | ▼ 31.9% |
| Current portion of amounts payable after more than one year42 | - | €2,039 | €9,609 | €10,944 | €11,783 | ▲ 7.7% |
| Trade debts44 | €10,131 | €25,069 | €38,927 | €77,146 | €41,455 | ▼ 46.3% |
| Suppliers440/4 | - | €25,069 | €38,927 | €77,146 | €41,455 | ▼ 46.3% |
| Taxes, remuneration and social security45 | - | €7,901 | €7,843 | €8,726 | €14,057 | ▲ 61.1% |
| Taxes450/3 | - | €754 | €273 | €1,097 | €7,779 | ▲ 609% |
| Remuneration and social security454/9 | - | €7,147 | €7,570 | €7,629 | €6,278 | ▼ 17.7% |
| Other amounts payable47/48 | - | €7,642 | €7,800 | €9,046 | €4,837 | ▼ 46.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €65,501 | €38,100 | €66,943 | €6,842 | €62,218 | ▲ 809% |
| + Depreciation and write-downs630 | €10,227 | €18,657 | €10,889 | €24,169 | €25,918 | ▲ 7.2% |
| Operating cash flow (approximation) | €75,728 | €56,757 | €77,832 | €31,011 | €88,136 | ▲ 184% |
| Investment in fixed assets (approximation) | - | -€34,398 | -€53,690 | -€4,500 | -€7,470 | ▼ 66.0% |
| Change in cash | - | -€2,193 | -€51,799 | €28,367 | -€31,066 | ▼ 210% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €6,842 ▼89.8%
Net result drops to €6,842, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €66,943 ▲75.7%
Operating result €87,098, net result €66,943, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €150,000Eq €161,783 ▲30.8%
4 profitable years in a row build equity to €161,783.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100,000Eq €123,683 ▲48.7%
3 profitable years in a row build equity to €123,683.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Pelt · 1 establishment unit since 2007
Ground area
2,161 m²
Building footprint
156 m²
Parcel 72502E0102/00D132, Flanders. Linked by address, not a title deed.
1 establishment unit
CNC Tech BV
since 20072.162.734.962
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72502E0102/00D132 | Flanders | 2,161 m² | 1 · 156 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
- NC MAINTENANCE
- CNC TECH
Highest known parent: NC MAINTENANCE. The sources do not say who stands above it.
Owners 1
- NC MAINTENANCEparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 1,272 EUR awarded · 1,363 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,155 EUR | 1,246 EUR |
| 2023 | 1 | 117 EUR | 117 EUR |
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Of 3,462 companies in sector 25530 we hold annual accounts for 1,655. 1,286 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-05-2007
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
33120Repair and maintenance of machinery
33200Installation of industrial machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0889719236
Also
9925:BE0889719236
Registered
02-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.