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MA Precision

Active
Public limited companyfounded 198640 yrs activeDubbeekstraat 112, 3200 Aarschot, BelgiumKBO/BCE: BE 0428.587.768

MA Precision has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €687k and a net result of €45k. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 75% of 669 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
89 / 100
Excellent▲ +24 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▲+33
Solvency100▲+9
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 2.44 against 1.72 in 2024), and 32.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 40 years 0 50 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
67.7%
Return on assets
4.4%
Age of the figures
8 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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.
NBB · 10 filings
Deviation from the deadline
2025
28 d late
2024
19 d late
2023
30 d late
2022
31 d late
2021
30 d late
2020
27 d late
2019
73 d late
← before the deadline after the deadline →
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
13-09-2026 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

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€45k
2024 · €-6k
2018: €240k 2019: €-60k 2020: €-65k 2021: €138k 2022: €98k 2023: €-2k 2024: €-6k
2018 → 2025
Working capital
€472k▲ 30.8%
2024 · €361k
2018: €128k 2019: €20k 2020: €69k 2021: €288k 2022: €449k 2023: €425k 2024: €361k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€552k-€650k▲ 17.7%€648k▼ 0.3%€642k▼ 0.9%€687k▲ 7.0%
Operating result€166k-€151k▼ 8.9%€21k▼ 85.8%€20k▼ 6.2%€83k▲ 314%
Net result€138k-€98k▼ 29.1%€-2k€-6k▼ 228%€45k
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100k€150kOperating result 2021: €166k€166kNet result 2021: €138k€138kOperating result 2022: €151k€151kNet result 2022: €98k€98kOperating result 2023: €21k€21kNet result 2023: €-2k€-2kOperating result 2024: €20k€20kNet result 2024: €-6k€-6kOperating result 2025: €83k€83kNet result 2025: €45k€45k20212022202320242025
The operating result recovers in 2025; 2025 is 314% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.01M
Fixed assets €215k▼ 24.9%
Current assets €799k▼ 7.6%
Equity and liabilities €1.01M
Equity €687k▲ 7.0%
Debt €327k▼ 35.7%
The debt ratio falls from 44.2% to 32.3%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€153k
2024 · €79k
Cash flow
€114k
2024 · €53k
Solvency
67.7%
2024 · 55.8%
Current ratio
2.44
2024 · 1.72
Quick ratio
0.86
2024 · 0.67
Debt / equity
0.48
2024 · 0.79
ROE
6.5%
2024 · -0.9%
ROA
4.4%
2024 · -0.5%
Interest coverage
9.02
2024 · 3.98
Debt
€327k
2024 · €509k
Debt ≤ 1 year
€327k
2024 · €504k
Income taxes
€22k
2024 · €6k
Staff costs
€374k
2024 · €353k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€1.15M€1.01M
Fixed assets21/28€287k€215k
Intangible fixed assets21€253k€187k
Tangible fixed assets22/27€34k€29k
Plant, machinery and equipment23€28k€28k
Furniture and vehicles24€5k€685
Current assets29/58€865k€799k
Stocks and contracts in progress3€528k€518k
Stocks30/36€502k€490k
Contracts in progress37€26k€28k
Amounts receivable within one year40/41€321k€213k
Trade receivables40€319k€213k
Other amounts receivable41€2k-
Cash at bank and in hand54/58€4k€53k
Deferred charges and accrued income490/1€11k€15k
Equity and liabilities
Total equity and liabilities10/49€1.15M€1.01M
Equity10/15€642k€687k
Contributions10/11€240k€240k=
Capital10€240k€240k=
Issued capital100€240k€240k=
Revaluation surpluses12€23k€23k=
Reserves13€40k€40k=
Non-distributable reserves130/1€24k€24k=
Legal reserve130€24k€24k=
Tax-exempt reserves132€16k€16k=
Profit (loss) carried forward14€339k€384k
Amounts payable17/49€509k€327k
Amounts payable within one year42/48€504k€327k
Current portion of amounts payable after more than one year42€13k€13k
Financial debts43€50k-
Credit institutions430/8€50k-
Trade debts44€150k€69k
Suppliers440/4€150k€69k
Taxes, remuneration and social security45€50k€79k
Taxes450/3€21k€50k
Remuneration and social security454/9€29k€29k
Other amounts payable47/48€241k€167k
Accrued charges and deferred income492/3€5k-
Income statement Code20242025
Remuneration, social security and pensions62€353k€374k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€69k
Other operating charges640/8€3k€5k
Gross operating margin9900€435k€532k
Operating profit (loss)9901€20k€83k
Financial income75/76B€0€19
Recurring financial income75€0€19
Financial charges65/66B€20k€17k
Recurring financial charges65€20k€17k
Profit (loss) for the period before taxes9903€367€66k
Income taxes67/77€6k€22k
Profit (loss) for the period9904€-6k€45k
Profit (loss) for the period to be appropriated9905€-6k€45k
Appropriation of the result
Profit (loss) to be appropriated9906€339k€384k
Profit (loss) brought forward from the previous period14P€345k€339k
Social balance
Average headcount (FTE)90877.67.1

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
31-12
Financial Back to profitnet €45k
Net result €45k after 2 loss-making years.
19-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 19 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
31-12
Financial Back to profitnet €138k
Net result €138k after 2 loss-making years.
31-12
Financial Equity above €500kEq €552k ▲33.2%
Equity rises from €414k to €552k.
27-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial Weakest financial yearnet €-65k
Net result drops to €-65k, the lowest in the series; recovery starts the following year.
12-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 73 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 acts for this company are 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, Aarschot · 1 establishment unit since 1986
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Dubbeekstraat 1123200 Aarschot
Ground area
2,631 m²
Building footprint
1,145 m²
Volume, LiDAR
5,408 m³
Parcel 24662D0315/00Z000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Dubbeekstraat 112, 3200 Aarschot
Manufacture of basic metals
since 19862.028.998.884
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24662D0315/00Z000 Flanders 2,631 m² 1 · 1,145 m² 8.1 m · 2 fl.
Linked by address, not proof of ownership
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.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 6,150 EUR paid
Year Entries awardedpaid
2023 1 0 EUR6,150 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
1 entry · 6,150 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 3,448 companies in sector 25530 we hold annual accounts for 1,645. 1,218 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded13-03-1986
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
28520
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers

Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

4 entries
Enterprise
E-mail:info@metal-aarschot.be
Enterprise
Phone:016 56 98 21
Enterprise
Fax:016 56 73 55
Enterprise