LUDY MACHINERY

Active

Public limited companyfounded 1987active for 39 yearsJuniorslaan(LST) 57, 2811 Mechelen, BelgiumKBO/BCE: BE 0430.603.883

Summary

LUDY MACHINERY has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€202,177) and a net result of €18,597. Equity is shrinking by about 7.5% per year across the filed financial years. Its solvency ranks better than 5% of 383 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysisFollow Report Compare

LUDY MACHINERYActiveChecked score 54/100

Risk analysis Report Compare

Activity

Manufacture of machinery and equipment not elsewhere classified

NACE 28299Wholesale of electrical equipment, including installation materials NACE 46643

1 site

Size

€305,507total assets 2025

Staff: 0.6 FTE
Equity: -€202,177
Profit: €18,597

Financial health

54 Fair Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.9%

Structure

Parent: SHAREEN · 99.66%

SHAREENDirector · permanent representative VAN AKEN Marie-Louise
SPOELDERS LudovicDirector

2025 accounts filed 32 days late1 of 8 deeds summarised

Why 54raises riskCapped at 59: negative equityNegative equity -€202,177Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)lowers riskFounded in 1987Size: 0.6 FTE, total assets €305,507Show the evidence

Checked score

Score 2025

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 25% of its sector peers (NACE 28, micro)

Negative equity caps the score at 59. Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Weak

Solvency 0=

equity -66.2% of total assets

Liquidity 3-1

short-term debt 109.2% · cash 2.2%

Profitability 56+23

return on assets 6.1%

Bankruptcy probability, 12 months

0.9% Low

0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (978 companies, NACE 28, micro)

Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.9%▲ +0.1 percentage points vs 05-2025 07-2025: 1.1%▲ +0.2 percentage points vs 06-2025 08-2025: 1.5%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 0.5%▼ -1.0 percentage point vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025lowest value 02-2026: 0.5%● unchanged vs 01-2026lowest value 03-2026: 0.5%● unchanged vs 02-2026lowest value 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.6%▲ +0.1 percentage points vs 06-2026 08-2026: 1.1%▲ +0.5 percentage points vs 07-2026 09-2026: 1.3%▲ +0.2 percentage points vs 08-2026 10-2026: 0.9%▼ -0.4 percentage points vs 09-2026

No credit on open account

Liquidity insufficient (current ratio 0.91, compared with 0.92 in 2024, below 1; short-term debt: 109.2% and cash: 2.2% of total assets), and equity is negative.

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 28, micro): better than 4% on solvency, 4% on liquidity, 33% on profitability and 59% on growth.

The bankruptcy probability was computed on 26-10-2026 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 riskraises risk

Negative equity -€202,177

NBB · annual accounts

Founded in 1987

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Size: 0.6 FTE, total assets €305,507

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)

KBO

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 383 sector peers (2025).

NBB · sector comparison

Position among 383 sector peers

Solvency

better than 5%

← weakest strongest →

2025 accounts filed 32 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-09-2026, 32 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

32 days late

2024

29 days late

2023

26 days late

2022

30 days late

2021

31 days late

2020

31 days late

2019

122 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 43 days after the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

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 30 August (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

01-09-2026 Annual accounts filedfinancial year 2025 · full…
29-08-2025 Annual accounts filedfinancial year 2024 · abbreviated…
31-12-2024 Back to profitnet €4,757

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€202,177 View
Caution: Among the weakest 5% on solvencysector median 41.4% · 383 companies -66.2% View
Controlled by SHAREEN 99.66% View

By topic

Financials

Financial year: 2025
Total assets: €305,507
Profit: €18,597
Solvency: -66.2%

Total assets▲ 23.6%

Net result

20182025

Go to Financials

Board & ownership

Board: 2 members
Parent: SHAREEN · 99.66%

SHAREENDirector
SPOELDERS LudovicDirector

Go to Board & ownership

Timeline

Events: 43
Since: 1988
Next accounts: by 31-07-2027

26-08-2024Annual accounts filed
01-09-2023Appointments: SPOELDERS Ludovic (director) and SHAREEN (director)
30-08-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Manufacture of machinery and equipment not elsewhere classifiedNACE 28299
Founded: 26-02-1987
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 35

Annual meeting: Last Friday of June at 18:00
Purpose: “Het vervaardigen en herstellen,de onderhoud,de aan- en verkoop,de in- en uitvoer,de groot-…” (deed in Dutch)

Go to Articles of association

Key facts about LUDY MACHINERY

What is the company number of LUDY MACHINERY?: 0430.603.883. In Belgium the VAT number is the company number with BE in front: BE 0430.603.883.
Where is LUDY MACHINERY based?: The registered office is at Juniorslaan(LST) 57, 2811 Mechelen.Company details
What does LUDY MACHINERY do?: According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28299).
What is the legal form of LUDY MACHINERY?: Public limited company (NV).
When was LUDY MACHINERY founded?: On 26-02-1987.
Is LUDY MACHINERY still active?: Yes, LUDY MACHINERY is an active enterprise in the KBO register.
How many employees does LUDY MACHINERY have?: On average 0.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of LUDY MACHINERY?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is LUDY MACHINERY profitable?: In financial year 2025, LUDY MACHINERY made a profit of €18,597.
Where can I find the annual accounts of LUDY MACHINERY?: LUDY MACHINERY filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LUDY MACHINERY due?: By 31-07-2027, for financial year 2026.Timeline