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Comet Technics

Active
Private limited companyfounded 2015active for 11 yearsCamiel Verhammestraat 4, 8770 Ingelmunster, BelgiumKBO/BCE: BE 0632.475.929
Summary

Comet Technics has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €558,464 and a net result of €85,260. Equity has been growing by about 25% per year since 2019. Its solvency ranks better than 44% of 477 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 16-06-2015 Normal situation
Activity
Manufacture of machinery and equipment not elsewhere classified NACE 28300and 4 others
Joint committees
111 Paritair Comité voor de metaal-, machine- en elektrische bouw
105 Paritair Comité voor de non-ferro metalen · annual accounts 31-05-2025
Establishment unit
2.251.820.158 8770 Ingelmunster, since 11-04-2016
Financial year end
31 May
Peppol
Reachable since 15-12-2025

Board and ownership

Board
  • Commeene Jean-PaulDirector · since 11-06-2015
  • Vereecke GwendolineDirector · since 28-04-2020

Financial position

84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts to 31-05-2025
Gross margin
€381,645
▲ 44.6%
Turnover
≈ €900,000
estimated
Profit
€85,260
▲ 4.2%
Equity
€558,464
▲ 18.0%
Total assets
€1.4m
▲ 12.6%
Employees on 31-05-2025
4
▲ 300%
Filed on 13-11-2025, 48 days before the deadline
Score breakdownraises riskLiquidity: current ratio 0.72, cash €15,507lowers riskFounded in 2015Size: 2.5 FTE, total assets €1.4mEquity €558,464 (40.0% of total assets)Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 52% of micro companies in machinery and equipment (NACE 28)
Financial strength · tick: 2024
Strong
Solvency 65+2
equity 40.0% of total assets
Liquidity 42-3
short-term debt 25.7% · cash 1.1%
Profitability 76-1
return on assets 6.1%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (979 companies, NACE 28, micro)
Last 24 months 12-2024: 0.7% 01-2025: 0.6%▼ -0.1 percentage points vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.6%● unchanged vs 06-2025 08-2025: 0.6%● unchanged vs 07-2025 09-2025: 0.7%▲ +0.1 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025highest value 12-2025: 0.3%▼ -0.4 percentage points vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 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: 0.3%● unchanged vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.4%▲ +0.1 percentage points vs 09-2026 11-2026: 0.4%● unchanged vs 10-2026
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.72 (0.91 in 2024), below 1. Short-term debt is 25.7% and cash 1.1% of total assets. 60% of the assets are financed with debt and provisions.
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 28, micro). It does better than 43% of them on solvency, 31% on liquidity, 58% on profitability and 74% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.72, cash €15,507
NBB · annual accounts
lowers risk · Founded in 2015
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: 2.5 FTE, total assets €1.4m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €558,464 (40.0% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 13-11-2025, 48 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
48 days early
2024
28 days early
2023
27 days early
2022
40 days early
2021
42 days early
2020
38 days early
2019
46 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 38 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.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-05-2026 is due by 31-12-2026. Nothing is late today. The company usually files around 21 November (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
31-05-2026 year end01-11-2026 today31-12-2026 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 7 profitable years in a rowprofit 2025: €85,260 7 years View

Recent changes

  1. · Gazette deed Incorporation · Founder
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as Comet Technics: manufacture of machinery and equipment not elsewhere classified (NACE 28300). They are comparable in size and age: total assets between €1m and €2.7m, founded between 2010 and 2019.

CompanyTotal assetsGross margin
Comet Technics Ingelmunster€1.4m€0.4m
AAMS Maldegem€1.7m€0.3m
HB CONSTRUCTIE & MACHINES Peer€1.7m€0.5m
URBAN CROP SOLUTIONS Waregem€2.7m€0.5m
AT-SYSTEMS Hoogstraten€1.8m€0.3m
CHARLIER ENGINEERING Theux€1.0m€0.3m
AERTS RAPIDE Geraardsbergen€1.7m€0.6m
Full comparison

Key facts about Comet Technics

What is the company number of Comet Technics?
The company number of Comet Technics is 0632.475.929. The VAT number is the same number with BE in front: BE 0632.475.929.
Where is Comet Technics based?
The registered office is at Camiel Verhammestraat 4, 8770 Ingelmunster.Company details
What does Comet Technics do?
According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28300).
What is the legal form of Comet Technics?
The legal form of Comet Technics is Private limited company (BV).
When was Comet Technics founded?
Comet Technics was founded on 16-06-2015.
Is Comet Technics still active?
Yes, Comet Technics is an active enterprise in the KBO register.
How many employees does Comet Technics have?
Comet Technics had an average of 2.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Comet Technics fall under?
In its 31-05-2025 annual accounts, Comet Technics states joint committees 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw) and 105 (Paritair Comité voor de non-ferro metalen).
What is the turnover of Comet Technics?
The turnover in financial year 2025 is ≈ €900,000. This figure is estimated from the gross margin of €381,645 and 2,285 comparable companies of the same size. It probably lies between €540,000 and €1.5m. It is a rough estimate.
Is Comet Technics profitable?
In financial year 2025, Comet Technics made a profit of €85,260.
Where can I find the annual accounts of Comet Technics?
Comet Technics filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Comet Technics due?
Comet Technics must file the annual accounts for financial year 2026 by 31-12-2026.Timeline

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