Equity
€153,572 ▲ 50.7%
INOX MAATWERK CONSTRUCTIE has made a profit without a break since 2020.
INOX MAATWERK CONSTRUCTIE
Lifetime
19 annual accounts with figures on one time axisGross marginpeak €296,778 (2025)
€296,778▲ 48.9%
Resultlowest -€67,224 (2012)
€51,652▲ 168×
Equitypeak €153,572 (2025)
€153,572▲ 50.7%
Debts
€667,481▼ 9.4%
Staffpeak 20 FTE (2024)
2 FTE▼ 90.0%
Board3 names since 2007
1 directorLEENKNEGT Marijn Gilbert Willy
Documentsfilings and deeds
23-06-202638 days before the deadline
2025abbreviated format
Gross margin from €199,289 to €296,778Result from €308 to €51,652Staff from 20 FTE to 2 FTEEquity from €101,920 to €153,572Cash from €14,767 to €61,684
Key points
from the 2025 annual accountsDebts
€667,481 81% of the balance sheet
Financial debts 74%Suppliers 5%Taxes and wages 4%Other 18%
Of this, €276,275 falls due within a year.
Staff
2 FTE from 20 in 2024
Between 2024 and 2025, 90% of the full-time equivalents disappeared.
Filings
19 annual accounts since 2007
The last five annual accounts were filed 31 to 38 days before the end of the period.
Restructuring
2026
Branch transferred to AXRA. Contribution on 01-08-2026.
Position in the sector
18.7%
Lower solvency than 82% of companies in fabricated metal products. Sector median 46.4% · 1,240 companies.
Checked score
70
Healthy
Financially stronger than 49% of micro companies in fabricated metal products (NACE 25)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,708 companies (NACE 25, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%lowest value
01-2025: 0.3%● unchanged vs 12-2024lowest value
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.4%▲ +0.1 percentage points vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.3%▼ -0.2 percentage points vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.4%▲ +0.1 percentage points vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026
08-2026: 0.9%▲ +0.4 percentage points vs 07-2026
09-2026: 1.1%▲ +0.2 percentage points vs 08-2026highest value
10-2026: 0.6%▼ -0.5 percentage points vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
1 change of registered office in 24 months
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
lowers risk
Figures for financial year 2025 (filed on 23-06-2026)
Size: 2 FTE, total assets €821,053
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 25, micro). It does better than 21% of them on solvency, 34% on liquidity, 55% on profitability and 87% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as INOX MAATWERK CONSTRUCTIE has now. Each dot stands for 13 companies, two years later.
95.8%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of INOX MAATWERK CONSTRUCTIE itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,053 companies, not a prediction for INOX MAATWERK CONSTRUCTIE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.95 (0.8 in 2024), below 1. Short-term debt is 33.6% and cash 7.5% of total assets. 81.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 1240 sector peers (2025).
NBB · sector comparisonPosition among 1240 sector peers
Solvency
better than 18%
← weakest
strongest →
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 23-06-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 days early
2024
31 days early
2023
33 days early
2022
31 days early
2021
33 days early
2020
31 days early
2019
11 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 30 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
BV
Boes & Verrue Bedrijfsrevisoren BV
Auditor, BOES Yannick
- Marijn Leenknegt all the sharesdeed of 04-06-2026
Recent changes
Demerger: INOX MAATWERK CONSTRUCTIE splits off to AXRA
Registered office moved from Ostend to Roeselare · Capital decrease of €59,344.48 · Contribution to AXRA: €59,344.48 · General meeting of 10-07-2026 · Gazette deed
Demerger proposal: INOX MAATWERK CONSTRUCTIE splits off to AXRA
Appointment: Marijn Leenknegt (sole director) · Marijn Leenknegt holds all the shares · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0888969960
Purpose change
“aangevuld met nieuwe activiteiten” (deed in Dutch) · General meeting of 30-09-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| INOX MAATWERK CONSTRUCTIE Roeselare | €821,053 | €296,778 | 18.7% | 2 |
| GG-CONSTRUCT Roeselare | €937,062 | €290,293 | 60.2% | 2 |
| B - CONSTRUCT Tielt | €919,451 | €197,508 | 31.9% | 2 |
| GEERT VANLERBERGHE Zonnebeke | €499,088 | €302,539 | 33.8% | 1.7 |
| LANDBOUWMACHINES DENYS Zonnebeke | €850,207 | €342,486 | 33.9% | 3.4 |
| Vervisch Metaalconstructie Heuvelland | €979,343 | €171,384 | 22.7% | 2.5 |
| CLARYS Alveringem | €677,248 | €380,374 | 65.9% | 2.8 |
These companies have the same main activity as INOX MAATWERK CONSTRUCTIE: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €499,000 and €979,000, founded between 2000 and 2010.
Official details
Source: KBO- Status
- Active since 18-04-2007Normal situation
- Activity
- Manufacture of metal structures and parts of structuresNACE 25110and 2 others
- Establishment unit
- 2.162.227.1968400 Ostend, since 01-05-2007
- Financial year end
- 31 December
- Peppol
- Reachable since 18-09-2025
Annual accounts 2025
- Turnover
- ≈ €700,000estimated
- Total assets
- €821,053▼ 2.1%
- Employeeson 31-12-2025
- 2
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Insights on INOX MAATWERK CONSTRUCTIE
INOX MAATWERK CONSTRUCTIE files the abbreviated format. That format states no turnover. The gross margin rose from €29,586 in 2007 to €296,778 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about INOX MAATWERK CONSTRUCTIE
- What is the company number of INOX MAATWERK CONSTRUCTIE?
- The company number of INOX MAATWERK CONSTRUCTIE is 0888.969.960. The VAT number is the same number with BE in front: BE 0888.969.960.
- Where is INOX MAATWERK CONSTRUCTIE based?
- The registered office is at Joe Englishstraat 52, 8800 Roeselare.Company details
- What does INOX MAATWERK CONSTRUCTIE do?
- According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
- What is the legal form of INOX MAATWERK CONSTRUCTIE?
- INOX MAATWERK CONSTRUCTIE is a private limited company (BV).
- When was INOX MAATWERK CONSTRUCTIE founded?
- INOX MAATWERK CONSTRUCTIE was founded on 18-04-2007.
- Is INOX MAATWERK CONSTRUCTIE still active?
- Yes, INOX MAATWERK CONSTRUCTIE is an active enterprise in the KBO register.
- How many employees does INOX MAATWERK CONSTRUCTIE have?
- INOX MAATWERK CONSTRUCTIE had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of INOX MAATWERK CONSTRUCTIE?
- The turnover in financial year 2025 is ≈ €700,000. This figure is estimated from the gross margin of €296,778 and 2,281 comparable companies of the same size. It probably lies between €420,000 and €1.2m. It is a rough estimate.
- Is INOX MAATWERK CONSTRUCTIE profitable?
- In financial year 2025, INOX MAATWERK CONSTRUCTIE made a profit of €51,652.
- Where can I find the annual accounts of INOX MAATWERK CONSTRUCTIE?
- INOX MAATWERK CONSTRUCTIE filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of INOX MAATWERK CONSTRUCTIE due?
- INOX MAATWERK CONSTRUCTIE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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