Skip to content

Komatco

Active
Public limited company·Winning van sier- en bouwsteen· 61 yrs active
Blikken(KIE) - ·9130 Beveren, Belgium
KBO/BCE: BE 0401.316.813
Watch Print / PDF
Age61 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Komatco is 0.4% (very low). The 2025 annual accounts show negative equity (€-3.19M) and a net result of €-292k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 1964 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 8 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.4% Very low
0%0,5%1,5%4%10%≥25%
Long track record Annual accounts: weaker financial profile +Lower-risk legal form

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence
Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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.
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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 18-08-2026 18 d late 2026-00404674
31-12-2024 31-07-2025 16-06-2025 45 d early 2025-00142117
31-12-2023 31-07-2024 05-06-2024 56 d early 2024-00111542
31-12-2022 31-07-2023 31-08-2023 31 d late 2023-00398511
31-12-2021 31-07-2022 25-08-2022 25 d late 2022-20317903
31-12-2020 31-07-2021 03-08-2021 3 d late 2021-45500024
31-12-2019 31-07-2020 04-08-2020 4 d late 2020-38800468
31-12-2018 31-07-2019 13-11-2019 105 d late 2019-73600408
31-12-2017 31-07-2018 24-08-2018 24 d late 2018-50100305
31-12-2016 31-07-2017 17-08-2017 17 d late 2017-44300435

Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Long-established
Founded in 1964, 62 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

Turnover€205k+28.3%
EBIT margin-48.7%+79.8pp
Net result€-292k+18.6%
Working capital€157k-86.0%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 18-08-2026 with the NBB · fiscal year 2025 · verkort
€-2.00M€-1.50M€-1.00M€-500k€0Operating result 2021: €-138k€-138kNet result 2021: €-266k€-266kOperating result 2022: €-126k€-126kNet result 2022: €-251k€-251kRevenue 2023: €92k€92kOperating result 2023: €-1.39M€-1.39MNet result 2023: €-1.60M€-1.60MRevenue 2024: €159k€159kOperating result 2024: €-205k€-205kNet result 2024: €-359k€-359kRevenue 2025: €205k€205kOperating result 2025: €-100k€-100kNet result 2025: €-292k€-292k20212022202320242025
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile Too volatile to project: the yearly deviation from the trend is ~39% of the level (threshold 35%). We therefore deliberately show no projection line.
€-4.00M€-3.00M€-2.00M€-1.00M€02018: €-47k2019: €-126k2020: €-418k2021: €-684k2022: €-935k2023: €-2.53M2024: €-2.89M2025: €-3.19M20182019202020212022202320242025
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Revenue
€205k
+28.3% 18-25
EBITDA
€-204k
+85.3% 18-25
Net profit
€-292k
+18.6% 18-25
Cash flow
€-359k
+77.5% 18-25
Total assets
€4.47M
+2.6% 18-25
Equity
€-3.19M
-10.1% 18-25
Working capital
€157k
-86.0% 18-25
Employees (FTE)
2
0.0% 18-25
Show 14 other metrics
Staff costs
€197k
+4.2% 18-25
Income taxes
€-121
- 18-25
Debt
€7.65M
+5.6% 18-25
Debt ≤ 1y
€166k
+213.7% 18-25
Debt > 1y
€7.49M
+4.1% 18-25
Current ratio
1.95
-91.2% 18-25
Quick ratio
1.95
-91.2% 18-25
Solvency
-71.3%
-7.3% 18-25
Debt / equity
-2.40
+4.1% 18-25
ROE
9.2%
-26.1% 18-25
ROA
-6.5%
+20.7% 18-25
Net margin
-143.0%
+36.6% 18-25
EBITDA margin
-128.1%
+91.5% 18-25
Interest coverage
-0.84
+85.3% 18-25
Figures by fiscal year
Fiscal year2025
Depositverkort
Revenue€205k
EBITDA-
Net profit€-292k
Cash flow-
Staff costs€197k
Income taxes-
Dividends-
Total assets€4.47M
Equity€-3.19M
Debt€7.65M
of which ≤ 1y€166k
of which > 1y€7.49M
Working capital€157k
Employees (FTE)2.0
Ratios (computed)
2025
Current ratio1.95
Quick ratio1.95
Working capital ratio3.5%
Solvency-71.3%
Debt / equity-2.40
Long-term debt ratio-2.35
Interest coverage-
Gross margin47.9%
Net margin-143.0%
ROA-6.5%
ROE9.2%
EBITDA margin-
Days sales outstanding85d
Days payable outstanding102d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€4.47M
Fixed assets 21/28€4.15M
Tangible fixed assets 22/27€63k
Financial fixed assets 28€4.08M
Current assets 29/58€323k
Amounts receivable within one year 40/41€272k
Cash & bank 54/58€204
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€4.47M
Equity 10/15€-3.19M
Contributions / capital 10/11€124k
Reserves 13€1.96M
Accumulated profits (losses) 14€-5.26M
Amounts payable 17/49€7.65M
Amounts payable after one year 17€7.49M
Amounts payable within one year 42/48€166k
Trade debts payable within one year 44€30k
Income statement
Turnover 70€205k
Gross operating margin 9900€98k
Operating result 9901€-100k
Financial income 75€83k
Financial charges 65€276k
Result before taxes 9903€-292k
Net result for the period 9904€-292k
Result to be appropriated 9905€-292k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
48 / 100 Fair
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
approximate (street level) On OpenStreetMap

Establishment units

1 location
Blikken(KIE) zn, 9130 Beveren
Vervaardiging van machines en apparaten voor algemeen gebruik
since 19652.000.096.448
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area13.4 ha
Buildings1
Building footprint38 m²

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46012B0242/00F000 Flanders 13.4 ha 1 · 38 m² -
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 act
Address history · 1
04-10-2022
Registered-office move
All acts · 1 updated 3 years ago
2022
04-10-2022 Registered office moved from Aartselaar to Kieldrecht Registered-office change
  • Reetsesteenweg 85 2630 Aartselaar → Blikken, Haven 1658 te 9130 Kieldrecht

Analysis

Financial profile

5 of 5 axes measured
Health48Profitability23Solvency66Growth72Stability100
62 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 48
Profitability 23
Solvency 66
Growth 72
Stability 100

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Winning van sier- en bouwsteen08111Winning van grind08121
Primary activity highlighted.
Names & trade names
Legal nameNL Komatco
Registered office
Blikken(KIE) -
9130 Beveren, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.