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CUSTAFER

Active
Private limited companyfounded 197748 years activeKerkstraat(O) 47, 3630 Maasmechelen, BelgiumKBO/BCE: BE 0418.079.304
Summary

CUSTAFER has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €889,225 and a net result of €629,240. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 66% of 1,223 sector peers (NACE 25, fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110Manufacture of fabricated metal products, except machinery and equipment NACE 25620
#5 oldest company in Maasmechelen, Manufacturing sector2 sites
Size
€1.5mtotal assets 2024
Staff
9.1 FTE
Equity
€889,225
Profit
€629,240
Turnover not published (abridged schema)
Financial health
91 Excellent Checked score 2024
Bankruptcy probability, 12 months
0.3%
Structure
Accounts 68 days overdue0 of 6 deeds read
Why 91- Figures for FY 2024 (filed 25-09-2025)+ Founded in 1977+ Liquidity: current ratio 2.29, cash €888,420+ Equity €889,225 (59.7% of total assets)Show the evidence

Checked score

Score 2024
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 84% of its sector peers (NACE 25, micro)
Financial strength · tick = 2023
Strong
Solvency 85+28
equity 59.7% of total assets
Liquidity 81+64
short-term debt 40.3% · cash 59.7%
Profitability 100+93
return on assets 42.3%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,693 companies)
Last 24 months 11-2024: 2.8% 12-2024: 2.8%● unchanged vs 11-2024 01-2025: 2.8%● unchanged vs 12-2024 02-2025: 2.8%● unchanged vs 01-2025 03-2025: 2.8%● unchanged vs 02-2025 04-2025: 2.9%▲ +0.1 percentage points vs 03-2025 05-2025: 2.9%● unchanged vs 04-2025 06-2025: 2.7%▼ -0.2 percentage points vs 05-2025 07-2025: 3.0%▲ +0.3 percentage points vs 06-2025 08-2025: 3.9%▲ +0.9 percentage points vs 07-2025 09-2025: 4.3%▲ +0.4 percentage points vs 08-2025highest value 10-2025: 0.1%▼ -4.2 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026
Credit up to €80,000 at 30 days acceptable
Liquidity ample (current ratio 2.29 against 1.17 in 2023; short-term debt: 40.3% and cash: 59.7% of total assets), and 40.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 65% on solvency, 81% on liquidity, 94% on profitability and 97% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Founded in 1977
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 2.29, cash €888,420
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 25-09-2025)
NBB · annual accounts
lowers risk · Equity €889,225 (59.7% of total assets)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €889,225
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-09-2025, 54 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 filings
Deviation from the deadline
2025
not confirmed
2024
54 days late
2023
26 days late
2022
29 days late
2021
26 days late
2020
26 days late
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 27 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 (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Back to profitnet €629,240
  3. Equity above €500,000Eq €889,225 ▲242%

Key points

  • Positive: Equity rose in 2024from €259,985 to €889,225 ▲ 242% View
  • Positive: Among the best 9% on net resultsector median €58,785 · 1,223 companies €629,240 View
  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Active since 1977founded 14-12-1977 48 years View

By topic

Financials

Fiscal year
2024
Total assets
€1.5m
Profit
€629,240
Solvency
59.7%
Total assets▲ 81.6%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2016
  1. 26-08-2024Annual accounts filed
  2. 29-08-2023Annual accounts filed
  3. 31-12-2022Weakest financial year
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Manufacture of metal structures and parts of structuresNACE 25110
Founded
14-12-1977
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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