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Libert Machine Engineering

Active
Private limited companyfounded 20232 yrs activeKortrijkstraat (P.-E.) 76, 9790 Wortegem-Petegem, BelgiumKBO/BCE: BE 1004.011.564
Summary

The computed 12-month bankruptcy probability of Libert Machine Engineering is 2.2% (moderate). The 2024 annual accounts show equity of €58,151 and a net result of €58,817. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency94
Growth-
Track record67
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 2.86; short-term debt: 28.7% and cash: 45.3% of total assets), and 30.8% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
31 d early
2024
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 2 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 months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 28 December 2023, Libert Machine Engineering was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, micro schema

Equity
€58,151
Total assets
€84,028
Net result
€58,817
Working capital
€44,772

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €84,028
Fixed assets €15,179
Current assets €68,850
Equity and liabilities €84,028
Equity €58,151
Debt €25,878
Debt finances 30.8% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€87,670
Cash flow
€65,386
Current ratio
2.86
Quick ratio
2.65
Debt to equity
0.45
ROE
101.1%
ROA
70.0%
Interest coverage
1693.12
Debt ≤ 1 year
€24,078
Income taxes
€22,232

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.2% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 39,278 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
Filed annual accounts As filed with the NBB · 2024 · 41 lines
Balance sheet Code2024
Assets
Total assets20/58€84,028
Fixed assets21/28€15,179
Tangible fixed assets22/27€15,179
Plant, machinery and equipment23€8,422
Furniture and vehicles24€6,757
Current assets29/58€68,850
Stocks and contracts in progress3€5,000
Stocks30/36€5,000
Amounts receivable within one year40/41€23,734
Trade receivables40€23,553
Other amounts receivable41€181
Cash at bank and in hand54/58€38,049
Deferred charges and accrued income490/1€2,066
Equity and liabilities
Total equity and liabilities10/49€84,028
Equity10/15€58,151
Contributions10/11€1,000
Reserves13€57,151
Distributable reserves133€57,151
Amounts payable17/49€25,878
Amounts payable within one year42/48€24,078
Trade debts44€1,116
Suppliers440/4€1,116
Taxes, remuneration and social security45€3,501
Taxes450/3€3,501
Other amounts payable47/48€19,461
Accrued charges and deferred income492/3€1,800
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,570
Other operating charges640/8€955
Gross operating margin9900€88,625
Operating profit (loss)9901€81,100
Financial charges65/66B€52
Recurring financial charges65€52
Profit (loss) for the period before taxes9903€81,048
Income taxes67/77€22,232
Profit (loss) for the period9904€58,817
Profit (loss) for the period to be appropriated9905€58,817
Appropriation of the result
Profit (loss) to be appropriated9906€58,817
Transfer to equity691/2€57,151
To the legal reserve6920€57,151
Profit to be distributed694/7€1,666
Return on contributions (dividend)694€1,666

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,570
Other operating charges640/8€955
Gross operating margin9900€88,625
Operating profit (loss)9901€81,100
Financial charges65/66B€52
Recurring financial charges65€52
Profit (loss) for the period before taxes9903€81,048
Income taxes67/77€22,232
Profit (loss) for the period9904€58,817
Profit (loss) for the period to be appropriated9905€58,817
Line2024
Assets
Total assets20/58€84,028
Fixed assets21/28€15,179
Tangible fixed assets22/27€15,179
Plant, machinery and equipment23€8,422
Furniture and vehicles24€6,757
Current assets29/58€68,850
Stocks and contracts in progress3€5,000
Stocks30/36€5,000
Amounts receivable within one year40/41€23,734
Trade receivables40€23,553
Other amounts receivable41€181
Cash at bank and in hand54/58€38,049
Deferred charges and accrued income490/1€2,066
Equity and liabilities
Total equity and liabilities10/49€84,028
Equity10/15€58,151
Contributions10/11€1,000
Reserves13€57,151
Distributable reserves133€57,151
Amounts payable17/49€25,878
Amounts payable within one year42/48€24,078
Trade debts44€1,116
Suppliers440/4€1,116
Taxes, remuneration and social security45€3,501
Taxes450/3€3,501
Other amounts payable47/48€19,461
Accrued charges and deferred income492/3€1,800
Line2024
Profit (loss) for the period9904€58,817
+ Depreciation and write-downs630€6,570
Operating cash flow (approximation)€65,386

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Wortegem-Petegem · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,459 m²
Building footprint
206 m²
Volume, LiDAR
933 m³
Parcel 45008C0096/00K002, Flanders · tallest building 16.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Libert Machine Engineering
Kortrijkstraat (P.-E.) 76, 9790 Wortegem-PetegemManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20232.353.731.130
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45008C0096/00K002 Flanders 1,459 m² 1 · 206 m² 16.2 m · 1 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.

Similar companies · same sector, comparable size

Of 3,719 companies in sector 33120 we hold annual accounts for 1,347. 1,064 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
Founded28-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
27110Manufacture of electrical equipment
33170Repair, maintenance and installation of machinery and equipment
46190Agents in non-specialised wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:1004011564
Also 9925:BE1004011564
Registered 16-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.