Losses
-€1.0m in three years
Every financial year from 2023 to 2025 closed with a loss. 2024 was the heaviest.
Liebherr-Belgium
Lifetime
3 annual accounts with figures on one time axisGross marginpeak €1.1m (2023)
€648,601▼ 21.8%
Resultlowest -€500,283 (2024)
-€414,520▲ €85,763
Equitypeak €271,163 (2023)
€256,360▲ €485,480
Debts
€882,769▼ 39.2%
Staffpeak 10.9 FTE (2023)
10 FTE▼ 1.0%
Board3 names since 2023
1 directorDaVu CONSULTING
Owners2 names in the annual accounts
Documentsfilings and deeds
06-07-202625 days before the deadline
2025abbreviated format
Gross margin from €829,174 to €648,601Loss of €414,520Equity from -€229,120 to €256,360Debts from €1.5m to €882,769Cash from €201,823 to €556,499
Key points
from the 2025 annual accountsTurnover
≈ €1.5m estimated
The abbreviated format states no turnover.
Debts
€882,769 77% of the balance sheet
Financial debts 34%Suppliers 24%Taxes and wages 16%Other 26%
Of this, €354,783 falls due within a year.
Liquidity
2.89 was 0.83 in 2024
Short-term debts fell from €1.3m to €354,783.
Filings
3 annual accounts 2 late
The 2023 accounts came latest: 260 days after the end of the period.
Position in the sector
-€414,520
Lower net result than 95% of companies in repair and installation of machinery. Sector median €42,942 · 599 companies.
Checked score
65
Healthy
Financially stronger than 55% of small companies in repair and installation of machinery (NACE 33)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.3% across 194 companies (NACE 33, small).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.9%
01-2025: 2.9%● unchanged vs 12-2024
02-2025: 2.9%● unchanged vs 01-2025
03-2025: 3.1%▲ +0.2 percentage points vs 02-2025
04-2025: 3.2%▲ +0.1 percentage points vs 03-2025
05-2025: 5.1%▲ +1.9 percentage points vs 04-2025
06-2025: 4.9%▼ -0.2 percentage points vs 05-2025
07-2025: 4.9%● unchanged vs 06-2025
08-2025: 6.0%▲ +1.1 percentage points vs 07-2025
09-2025: 6.2%▲ +0.2 percentage points vs 08-2025
10-2025: 7.8%▲ +1.6 percentage points vs 09-2025
11-2025: 7.4%▼ -0.4 percentage points vs 10-2025
12-2025: 8.0%▲ +0.6 percentage points vs 11-2025highest value
01-2026: 4.2%▼ -3.8 percentage points vs 12-2025
02-2026: 4.2%● unchanged vs 01-2026
03-2026: 4.1%▼ -0.1 percentage points vs 02-2026
04-2026: 4.2%▲ +0.1 percentage points vs 03-2026
05-2026: 4.0%▼ -0.2 percentage points vs 04-2026
06-2026: 3.8%▼ -0.2 percentage points vs 05-2026
07-2026: 3.9%▲ +0.1 percentage points vs 06-2026
08-2026: 1.4%▼ -2.5 percentage points vs 07-2026lowest value
09-2026: 1.4%● unchanged vs 08-2026lowest value
10-2026: 1.4%● unchanged vs 09-2026lowest value
11-2026: 1.4%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Loss of €414,520, the second in a row (financial year 2025)
2 of the last 3 accounts late
Equity €256,360 (22.5% of total assets)
lowers risk
Liquidity: current ratio 2.89, cash €556,499
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 33, small). It does better than 26% of them on solvency, 96% on liquidity, 2% on profitability and 98% on growth.
The bankruptcy probability was computed on 05-11-2026 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, 688 companies had the same profile as Liebherr-Belgium has now. Each dot stands for 2 companies, two years later.
89.2%
were still trading
4.4%
stopped another way
5.2%
went bankrupt
Another 1.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Liebherr-Belgium itself: 1.4% within 12 months.
Test of the method
The method was tested on the 497,447 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 688 companies, not a prediction for Liebherr-Belgium. 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 €16,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.89 (0.83 in 2024), above the usual 1.5. Short-term debt is 31.1% and cash 48.9% of total assets. However, 77.5% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 06-07-2026, 25 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
25 days early
2024
119 days late
2023
260 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 118 days after the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% 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 27 November (3 of the last 3 accounts filed within 144 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Liebherr-MCCtec GmbH 100%annual accounts 2024
- Liebherr-International AG consolidatesannual accounts 2024
Recent changes
Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Olaf Janssen · General meeting of 30 06 2026 · Gazette deed
Capital contribution of €900,000
900,000 new shares · General meeting of 29-12-2025 · Gazette deed
A shareholder holds all the shares
Board meeting of 18-12-2023 · Gazette deed
1 director appointed, 1 resignation
Resignation: Pieter Vuylsteke · Appointment: DaVu Consulting BV · Permanent representatives: Pieter Vuylsteke and Adriaan de Leeuw · General meeting of 09-08-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Liebherr-Belgium Antwerp | €1.1m | €648,601 | 22.5% | 10 |
| ANTHEUNIS ONDERHOUD EN HERSTELLINGEN Malle | €0.9m | €534,592 | 17.0% | 8.2 |
| CHRONO Flex Belgium Beersel | €1.4m | €448,749 | 60.6% | 12.5 |
| MATO REPAIR Stekene | €1.2m | €777,512 | 24.3% | 9.3 |
| Profixx Tielt | €1.1m | €693,288 | 31.5% | 8.4 |
| Bausch + Ströbel Customer Care Center Belgium Mechelen | €0.5m | €718,348 | 36.7% | 6.7 |
| De Kok - Didden Meerhout | €1.7m | €569,322 | 10.7% | 5.9 |
These companies have the same main activity as Liebherr-Belgium: repair and maintenance of machinery (NACE 33120). They are comparable in size and age: total assets between €506,000 and €1.7m, founded between 2020 and 2025.
Official details
Source: KBO- Status
- Active since 19-04-2023Normal situation
- Activity
- Repair and maintenance of machineryNACE 33120and 1 other
- Joint committees
- 200Auxiliary committee for white-collar workers
- 111Metal, mechanical and electrical engineering · annual accounts 2024
- Establishment unit
- 2.344.133.1772170 Antwerp, since 19-04-2023
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- Total assets
- €1.1m▼ 6.8%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on Liebherr-Belgium
Liebherr-Belgium files the abbreviated format. That format states no turnover. The gross margin fell from €1.1m in 2023 to €648,601 in 2025.
Liebherr-MCCtec GmbH holds all the shares.
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 Liebherr-Belgium
- What is the company number of Liebherr-Belgium?
- The company number of Liebherr-Belgium is 0800.931.869. The VAT number is the same number with BE in front: BE 0800.931.869.
- Where is Liebherr-Belgium based?
- The registered office is at Vaartkaai 16, 2170 Antwerp.Company details
- What does Liebherr-Belgium do?
- According to the KBO register, the main activity is repair and maintenance of machinery (NACE 33120).
- What is the legal form of Liebherr-Belgium?
- Liebherr-Belgium is a private limited company (BV).
- When was Liebherr-Belgium founded?
- Liebherr-Belgium was founded on 19-04-2023.
- Is Liebherr-Belgium still active?
- Yes, Liebherr-Belgium is an active enterprise in the KBO register.
- How many employees does Liebherr-Belgium have?
- Liebherr-Belgium had an average of 10 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Liebherr-Belgium fall under?
- In its 2024 annual accounts, Liebherr-Belgium states joint committees 200 (Auxiliary committee for white-collar workers) and 111 (Metal, mechanical and electrical engineering).
- What is the turnover of Liebherr-Belgium?
- The turnover in financial year 2025 is ≈ €1.5m. This figure is estimated from the gross margin of €648,601 and 2,281 comparable companies of the same size. It probably lies between €920,000 and €2.6m. It is a rough estimate.
- Is Liebherr-Belgium profitable?
- In financial year 2025, Liebherr-Belgium made a loss of €414,520.
- Where can I find the annual accounts of Liebherr-Belgium?
- Liebherr-Belgium filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Liebherr-Belgium due?
- Liebherr-Belgium must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.