CONTIMAC
ActiveSummary
CONTIMAC has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.3m and a net result of €320,872. Equity is shrinking by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 85% of 4926 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability62▲+3
Solvency100=
Growth39▲+1
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €440,000 at 30 days acceptable
Liquidity ample (current ratio 4.94 against 4.17 in 2024; short-term debt: 18.9% and cash: 24.1% of total assets), and 20% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
80%
Return on assets
4.8%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €5.3m
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
9 d early
2023
30 d early
2022
25 d early
2021
25 d early
2020
23 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 24 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#2 fastest grower in Asse, Wholesale and retail trade sector
Turnover
€16.3m▲ 7.0%
2024 · €15.2m
EBIT margin
3.0%▲ 1.1pp
2024 · 1.9%
Net result
€320,872▲ 38.7%
2024 · €231,350
Working capital
€5.0m▲ 8.5%
2024 · €4.6m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20212022202320242025
Turnover€13.9m€13.7m▼ 1.3%€15.2m▲ 11.0%€16.3m▲ 7.0%
Operating result€2.2m▲ 60.6%€1.6m▼ 25.6%€757,310▼ 53.9%€295,126▼ 61.0%€489,465▲ 65.8%
Net result€1.5mabove the sector's middle half▲ 76.6%€1.2mabove the sector's middle half▼ 16.7%€586,307above the sector's middle half▼ 52.0%€231,350within the sector's middle half▼ 60.5%€320,872within the sector's middle half▲ 38.7%
EBIT margin11.8%5.5%▼ 6.3pp1.9%▼ 3.6pp3.0%▲ 1.1pp
Equity€7.7mabove the sector's middle half▼ 6.5%€5.3mabove the sector's middle half▼ 31.3%€4.5mwithin the sector's middle half▼ 15.4%€5.0mwithin the sector's middle half▲ 12.1%€5.3mabove the sector's middle half▲ 6.4%
Total assets€8.3mabove the sector's middle half▼ 22.0%€6.6mwithin the sector's middle half▼ 20.7%€7.3mwithin the sector's middle half▲ 10.2%€6.5mwithin the sector's middle half▼ 9.9%€6.7mwithin the sector's middle half▲ 2.1%
Debt€530,516▼ 77.4%€1.2m▲ 129%€2.7m▲ 123%€1.4m▼ 46.8%€1.3m▼ 12.6%
Working capital€7.3m▼ 7.5%€4.9m▼ 32.7%€4.0m▼ 18.2%€4.6m▲ 14.2%€5.0m▲ 8.5%
Solvency92.7%above the sector's middle half▲ 15.4pp80.3%above the sector's middle half▼ 12.3pp61.7%within the sector's middle half▼ 18.7pp76.8%above the sector's middle half▲ 15.1pp80.0%above the sector's middle half▲ 3.2pp
Staff (FTE)16.1above the sector's middle half▼ 6.4%13.9within the sector's middle half▼ 13.7%13.9within the sector's middle half=18.6within the sector's middle half▲ 33.8%18.1within the sector's middle half▼ 2.7%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 66% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.7m
Fixed assets
€456,194 ▼ 13.1%
Current assets
€6.2m ▲ 3.4%
Equity and liabilities €6.7m
Equity
€5.3m ▲ 6.4%
Provisions
€75,284 ▼ 3.1%
Debt
€1.3m ▼ 12.6%
Debt's share of the balance-sheet total falls from 22.1% to 18.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€631,051▲
2024 · €434,540
Cash flow
€462,458▲
2024 · €370,763
Current ratio
4.94▲
2024 · 4.17
Quick ratio
2.02▲
2024 · 1.94
Debt to equity
0.24▼
2024 · 0.29
ROE
6.0%▲
2024 · 4.6%
ROA
4.8%▲
2024 · 3.5%
Interest coverage
32.07▲
2024 · 28.59
Debt ≤ 1 year
€1.3m▼
2024 · €1.4m
Income taxes
€123,931▲
2024 · €95,083
Staff costs
€1.6m▲
2024 · €1.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
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 0.3% 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 14,733 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €14.0m | €13.8m | €15.4m | €16.3m | ▲ 6.3% |
| Turnover70 | - | €13.9m | €13.7m | €15.2m | €16.3m | ▲ 7.0% |
| Other operating income74 | - | €147,359 | €123,548 | €161,188 | €61,875 | ▼ 61.6% |
| Operating charges60/66A | - | €12.4m | €13.1m | €15.1m | €15.8m | ▲ 5.1% |
| Goods for resale, raw materials and consumables60 | - | €9.7m | €10.5m | €11.6m | €12.6m | ▲ 8.3% |
| Purchases600/8 | - | €11.2m | €9.3m | €12.0m | €12.9m | ▲ 7.3% |
| Change in stocks: decrease (increase)609 | - | -€1.4m | €1.2m | -€355,744 | -€268,226 | ▲ 24.6% |
| Services and other goods61 | - | €1.3m | €1.2m | €1.7m | €1.5m | ▼ 11.5% |
| Remuneration, social security and pensions62 | €1.3m | €1.2m | €1.2m | €1.5m | €1.6m | ▲ 0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €113,418 | €116,785 | €119,755 | €139,414 | €141,587 | ▲ 1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €447 | - | €2,748 | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €6,297 | €1,456 | -€9,337 | €7,860 | -€2,391 | ▼ 130% |
| Other operating charges640/8 | €34,143 | €25,734 | €8,508 | €6,876 | €4,383 | ▼ 36.3% |
| Non-recurring operating charges66A | €2,895 | - | - | - | - | - |
| Gross operating margin9900 | €3.7m | - | - | - | - | - |
| Operating profit (loss)9901 | €2.2m | €1.6m | €757,310 | €295,126 | €489,465 | ▲ 65.8% |
| Financial income75/76B | €143,959 | €33,979 | €78,919 | €69,112 | €31,440 | ▼ 54.5% |
| Recurring financial income75 | €143,959 | €33,979 | €78,919 | €69,112 | €31,440 | ▼ 54.5% |
| Income from current assets751 | - | €3,521 | €37,556 | €35,532 | €6,031 | ▼ 83.0% |
| Other financial income752/9 | - | €30,458 | €41,364 | €33,580 | €25,409 | ▼ 24.3% |
| Financial charges65/66B | €368,495 | €26,955 | €38,215 | €37,806 | €76,102 | ▲ 101% |
| Recurring financial charges65 | €368,495 | €26,955 | €38,215 | €37,806 | €76,102 | ▲ 101% |
| Debt charges650 | - | €11,735 | €13,096 | €15,199 | €19,678 | ▲ 29.5% |
| Other financial charges652/9 | - | €15,220 | €25,119 | €22,607 | €56,424 | ▲ 150% |
| Profit (loss) for the period before taxes9903 | €2.0m | €1.6m | €798,014 | €326,432 | €444,802 | ▲ 36.3% |
| Transfer from deferred taxes780 | €8,483 | - | - | - | - | - |
| Income taxes67/77 | €524,407 | €427,612 | €211,707 | €95,083 | €123,931 | ▲ 30.3% |
| Taxes670/3 | - | €427,612 | €211,707 | €95,083 | €123,931 | ▲ 30.3% |
| Profit (loss) for the period9904 | €1.5m | €1.2m | €586,307 | €231,350 | €320,872 | ▲ 38.7% |
| Transfer from tax-exempt reserves789 | €44,199 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €1.5m | €1.2m | €586,307 | €231,350 | €320,872 | ▲ 38.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.3m | €6.6m | €7.3m | €6.5m | €6.7m | ▲ 2.1% |
| Fixed assets21/28 | €502,499 | €475,990 | €543,168 | €525,066 | €456,194 | ▼ 13.1% |
| Intangible fixed assets21 | €22,641 | €103,221 | €196,160 | €218,922 | €176,493 | ▼ 19.4% |
| Tangible fixed assets22/27 | €478,858 | €369,079 | €341,818 | €302,954 | €276,512 | ▼ 8.7% |
| Land and buildings22 | €62,624 | €59,467 | €56,310 | €53,153 | €49,996 | ▼ 5.9% |
| Plant, machinery and equipment23 | €78,988 | €80,712 | €105,121 | €104,063 | €80,951 | ▼ 22.2% |
| Furniture and vehicles24 | €291,292 | €187,116 | €124,326 | €91,995 | €64,050 | ▼ 30.4% |
| Other tangible fixed assets26 | €45,954 | €41,783 | €56,061 | €53,743 | €81,515 | ▲ 51.7% |
| Financial fixed assets28 | €1,000 | €3,690 | €5,190 | €3,190 | €3,190 | = |
| Other financial fixed assets284/8 | - | €3,690 | €5,190 | €3,190 | €3,190 | = |
| Amounts receivable and cash guarantees285/8 | - | €3,690 | €5,190 | €3,190 | €3,190 | = |
| Current assets29/58 | €7.8m | €6.1m | €6.7m | €6.0m | €6.2m | ▲ 3.4% |
| Stocks and contracts in progress3 | €2.2m | €3.9m | €2.6m | €3.2m | €3.7m | ▲ 13.9% |
| Stocks30/36 | €2.2m | €3.9m | €2.6m | €3.2m | €3.7m | ▲ 13.9% |
| Goods purchased for resale34 | - | €3.6m | €2.4m | €2.9m | €3.2m | ▲ 9.1% |
| Advance payments36 | - | €286,564 | €175,732 | €277,138 | €458,503 | ▲ 65.4% |
| Amounts receivable within one year40/41 | €984,918 | €1.0m | €2.5m | €1.7m | €921,894 | ▼ 47.3% |
| Trade receivables40 | €902,304 | €791,038 | €822,115 | €1.1m | €820,739 | ▼ 28.2% |
| Other amounts receivable41 | €82,614 | €218,225 | €1.7m | €606,509 | €101,156 | ▼ 83.3% |
| Current investments50/53 | - | - | €500,000 | - | - | - |
| Other investments51/53 | - | - | €500,000 | - | - | - |
| Cash at bank and in hand54/58 | €4.6m | €1.2m | €1.0m | €1.0m | €1.6m | ▲ 59.7% |
| Deferred charges and accrued income490/1 | €4,861 | €8,783 | €29,975 | €36,002 | €15,204 | ▼ 57.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.3m | €6.6m | €7.3m | €6.5m | €6.7m | ▲ 2.1% |
| Equity10/15 | €7.7m | €5.3m | €4.5m | €5.0m | €5.3m | ▲ 6.4% |
| Contributions10/11 | €3.6m | €6,197 | €6,197 | €26,197 | €26,197 | = |
| Reserves13 | €4.1m | €5.3m | €4.5m | €5.0m | €5.3m | ▲ 6.4% |
| Distributable reserves133 | €4.1m | €5.3m | €4.5m | €5.0m | €5.3m | ▲ 6.4% |
| Provisions and deferred taxes16 | €77,696 | €79,152 | €69,815 | €77,675 | €75,284 | ▼ 3.1% |
| Provisions for liabilities and charges160/5 | €77,696 | €79,152 | €69,815 | €77,675 | €75,284 | ▼ 3.1% |
| Other liabilities and charges164/5 | €77,696 | €79,152 | €69,815 | €77,675 | €75,284 | ▼ 3.1% |
| Amounts payable17/49 | €530,516 | €1.2m | €2.7m | €1.4m | €1.3m | ▼ 12.6% |
| Amounts payable within one year42/48 | €529,616 | €1.2m | €2.7m | €1.4m | €1.3m | ▼ 12.6% |
| Trade debts44 | €260,080 | €591,540 | €635,444 | €719,276 | €764,523 | ▲ 6.3% |
| Suppliers440/4 | €260,080 | €591,540 | €635,444 | €719,276 | €764,523 | ▲ 6.3% |
| Taxes, remuneration and social security45 | €263,050 | €304,893 | €343,905 | €400,894 | €482,827 | ▲ 20.4% |
| Taxes450/3 | €129,322 | €162,948 | €160,564 | €161,528 | €192,099 | ▲ 18.9% |
| Remuneration and social security454/9 | €133,728 | €141,945 | €183,340 | €239,366 | €290,728 | ▲ 21.5% |
| Other amounts payable47/48 | €6,486 | €319,826 | €1.7m | €323,897 | €14,368 | ▼ 95.6% |
| Accrued charges and deferred income492/3 | €899 | €337 | €934 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.5m | €1.2m | €586,307 | €231,350 | €320,872 | ▲ 38.7% |
| + Depreciation and write-downs630 | €113,418 | €116,785 | €119,755 | €139,414 | €141,587 | ▲ 1.6% |
| Operating cash flow (approximation) | €1.6m | €1.3m | €706,063 | €370,763 | €462,458 | ▲ 24.7% |
| Investment in fixed assets (approximation) | - | -€90,276 | -€186,934 | -€121,311 | -€72,715 | ▲ 40.1% |
| Change in cash | - | -€3.4m | -€130,897 | -€21,671 | €603,297 | ▲ 2,884% |
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
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €231,350 ▼60.5%
Net result drops to €231,350, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €5mEq €5.0m ▲12.1%
7 profitable years in a row build equity to €5.0m.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €1.5m ▲76.6%
Operating result €2.2m, net result €1.5m, both a record.
31-12
Financial
Liquidity triplescurrent ratio 14.75
Current ratio from 4.36 to 14.75; short-term debt falls from €2.3m to €529,616.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Asse · 1 establishment unit since 1988
Ground area
1,564 m²
Building footprint
3,223 m²
Volume, LiDAR
19,610 m³
Parcel 23053B0258/00Z005, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
CONTIMAC BVBA
since 19882.040.769.340
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23053B0258/00Z005 | Flanders | 1,564 m² | 1 · 3,223 m² | 8.0 m · 2 fl. |
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
- CGI Holding
- CONTIMAC
Highest known parent: CGI Holding. The sources do not say who stands above it.
Owners 1
- CGI Holdingparent100%
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 2025 · 3 entries · 518 EUR awarded · 1,547 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 268 EUR | 518 EUR |
| 2024 | 1 | 250 EUR | 0 EUR |
| 2023 | 1 | 0 EUR | 1,029 EUR |
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Of 828 companies in sector 46620 we hold annual accounts for 645. 330 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
Founded20-09-1988
Fiscal year end31-12
Activities, NACEBEL 2025
46620Wholesale of machine tools
46649Wholesale of other machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0435303732
Also
9925:BE0435303732
Registered
19-11-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.