Financials
- Fiscal year
- 2025
- Total assets
- €53,693
- Loss
- -€23,325
- Solvency
- 96.3%
Total assets▼ 29.9%
Net result
20182025
COURCELLES MECANIQUE
ActiveSummary
COURCELLES MECANIQUE has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,684 and a net result of -€23,325. Equity is shrinking by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 1127 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
Activity
Machining of metals
NACE 25530Manufacture of fabricated metal products, except machinery and equipment NACE 25620NACE 28520
1 site
Size
€53,693total assets 2025
- Equity
- €51,684
- Loss
- -€23,325
Turnover not published (abridged schema)
Structure
Accounts filed 10 d late0 of 3 deeds read
Why 82- Loss of €23,325, the second in a row (FY 2025)- Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)+ Founded in 1995+ Equity €51,684 (96.3% of total assets)Show the evidence
Checked score
Score 2025
82
/ 100
Excellent
Probability in this band: under 0.55%
Better than 43% of its sector peers (NACE 25, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency
100=
equity 96.3% of total assets
Liquidity
66-34
short-term debt 3.7% · cash 12.8%
Profitability
0=
return on assets -43.4%
Bankruptcy probability, 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).
Last 17 months
06-2025: 0.6%
07-2025: 0.7%▲ +18.4% vs 06-2025
08-2025: 1.0%▲ +33.6% vs 07-2025highest value
09-2025: 0.2%▼ -78.0% vs 08-2025
10-2025: 0.2%● 0.0% vs 09-2025
11-2025: 0.2%● 0.0% vs 10-2025
12-2025: 0.2%● 0.0% vs 11-2025
01-2026: 0.2%▼ -0.9% vs 12-2025lowest value
02-2026: 0.2%● 0.0% vs 01-2026lowest value
03-2026: 0.2%● 0.0% vs 02-2026lowest value
04-2026: 0.2%▲ +9.3% vs 03-2026
05-2026: 0.2%▲ +2.1% vs 04-2026
06-2026: 0.2%▼ -0.8% vs 05-2026
07-2026: 0.2%▲ +4.6% vs 06-2026
08-2026: 0.4%▲ +50.2% vs 07-2026
09-2026: 0.4%▲ +12.6% vs 08-2026
10-2026: 0.4%● 0.0% vs 09-2026
- Loss of €23,325, the second in a row (FY 2025) raises the probability
- Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25) raises the probability
- Founded in 1995 lowers the probability for this profile
- Equity €51,684 (96.3% of total assets) lowers the probability
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 18.73 against 36.15 in 2024; short-term debt: 3.7% and cash: 12.8% of total assets), and 3.7% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 25, micro). Better than this share of them on solvency 90%, liquidity 67%, profitability 4%, growth against the median 12%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€23,325
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
10 d late
2024
12 d late
2023
12 d late
2022
9 d late
2021
37 d early
2020
40 d early
2019
319 d late
← 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 41 days after 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 10 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · abbreviated…
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€27,393
Key points
By topic
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 10-08-2026Annual accounts filed
- 12-08-2025Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Machining of metalsNACE 25530
- Founded
- 30-01-1995
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.