Losses
-€3.8m in five years
Every financial year from 2021 to 2025 closed with a loss. 2023 was the heaviest.
MABO ENGINEERING & AUTOMATION
Lifetime
14 annual accounts with figures on one time axispeak €3.3m (2025)
€3.3m▲ 26.1%
lowest -€1.3m (2023)
-€442,631▲ €526,039
peak €3.8m (2025)
€3.8m▲ 1.7%
€2.8m▼ 22.5%
peak 35.7 FTE (2025)
35.7 FTE▲ 8.8%
Board8 names since 2013
3 directorsBMB Invest and 2 others
Owners3 names in the annual accounts
Documentsfilings and deeds
31-07-2026on the last day
2025financial year
Gross margin from €2.6m to €3.3mLoss of €442,631Staff from 32.8 FTE to 35.7 FTECapital increase of €500,000 to €7,400,000 21-11Debts from €3.6m to €2.8mCash from €205,160 to €97,773
Key points
from the 2025 annual accountsTurnover
≈ €5.6m estimated
The accounts state no turnover.
Staff
40 employees on 31-12-2025
In 2025, 13 people joined and 7 left.
Payment terms
76 days to suppliers
MABO ENGINEERING & AUTOMATION pays its suppliers 26 days later than in 2024.
Filings
14 annual accounts since 2012
Three of the last ten came late. The 2019 accounts came latest: 35 days after the end of the period.
Position in the sector
-€442,631
Lower net result than 90% of companies in architecture and engineering. Sector median €35,705 · 894 companies.
Net result +54%: other schema
Checked score
84
Excellent
Financially stronger than 43% of small companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 689 companies (NACE 71, small).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.2%● unchanged vs 12-2024
02-2025: 1.3%▲ +0.1 percentage points vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.3%● unchanged vs 04-2025
06-2025: 1.4%▲ +0.1 percentage points vs 05-2025
07-2025: 1.6%▲ +0.2 percentage points vs 06-2025
08-2025: 1.8%▲ +0.2 percentage points vs 07-2025highest value
09-2025: 0.6%▼ -1.2 percentage points vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.6%● unchanged vs 11-2025
01-2026: 0.6%● unchanged vs 12-2025
02-2026: 0.6%● unchanged vs 01-2026
03-2026: 0.6%● unchanged vs 02-2026
04-2026: 0.6%● unchanged vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.7%▲ +0.1 percentage points vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 0.3%▼ -0.4 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 1.32, cash €97,773, halved
Loss of €442,631, the second in a row (financial year 2025)
lowers risk
Equity €3.8m (57.6% of total assets)
Figures for financial year 2025 (filed on 01-08-2026)
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 71, small). It does better than 68% of them on solvency, 24% on liquidity, 38% on profitability and 43% on growth.
The bankruptcy probability was computed on 07-11-2026 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 very low class on 30-06-2025, 0.1% 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, 2,686 companies had the same profile as MABO ENGINEERING & AUTOMATION has now. Each dot stands for 7 companies, two years later.
93.7%
were still trading
5.4%
stopped another way
0.6%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MABO ENGINEERING & AUTOMATION itself: 0.3% 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 2,686 companies, not a prediction for MABO ENGINEERING & AUTOMATION. 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 €310,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.32 (1.43 in 2024), below the usual 1.5. Short-term debt is 37.3% and cash 1.5% of total assets. 42.4% of the assets are financed with debt and provisions.
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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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
20 days late
2023
30 days late
2022
21 days early
2021
23 days early
2020
22 days early
2019
35 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 3 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% 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 31 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- MABO INTERNATIONAL NV consolidatesequity €17.7m (2025) · annual accounts 2023
Shares in 1 company, Mabo Automation Nederland BV
Board & ownershipRecent changes
Reappointment: GRANT THORNTON BEDRIJFSREVISOREN BV (statutory auditor)
Permanent representative: Bram MARIËN-BOUWENS · General meeting of 31-07-2026 · Gazette deed
2 directors reappointed
BMB Invest BV and Mabo Management en Consult BV · Permanent representatives: Bram Mariën-Bouwens and Luc Mariën-Bouwens · General meeting of 07-08-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0836274513
Capital increase of €500,000 to €7,400,000
Capital from €6,900,000 to €7,400,000, 3,116 new shares · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MABO ENGINEERING & AUTOMATION Lier | €6.6m | €3.3m | 57.6% | 35.7 |
| Caeleste Mechelen | €8.5m | €4.2m | 66.5% | 35.2 |
| CRC ENGINEERING Grimbergen | €5.5m | €4.1m | 75.7% | 26.2 |
| EXELIO Sprimont | €5.7m | €4.0m | 26.7% | 42.5 |
| CATAEL Kortrijk | €6.5m | €4.4m | 52.5% | 30.7 |
| CERTINERGIE Verlaine | €4.4m | €2.6m | 45.0% | 43.2 |
| WFRGENT Ghent | €5.3m | €3.6m | 75.1% | 45.3 |
These companies have the same main activity as MABO ENGINEERING & AUTOMATION: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €4.4m and €8.5m, founded between 2004 and 2013.
Official details
Source: KBO- Status
- Active since 16-05-2011Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 2 others
- Joint committees
- 111Metal, mechanical and electrical engineering
- 209White-collar workers in metal manufacturing · annual accounts 2021
- Establishment unit
- 2.200.887.2402500 Lier, since 16-05-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 03-12-2025
Annual accounts 2025
- €6.6m▼ 10.0%
- Employeeson 31-12-2025
- 40▲ 17.6%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on MABO ENGINEERING & AUTOMATION
MABO ENGINEERING & AUTOMATION has existed since 2011. In 2015 the gross margin rose from €26,570 to €126,825.
Solvency rose in 2025 from 51.0% to 57.6% because of a capital increase and lower debts.
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 MABO ENGINEERING & AUTOMATION
- What is the company number of MABO ENGINEERING & AUTOMATION?
- The company number of MABO ENGINEERING & AUTOMATION is 0836.274.513. The VAT number is the same number with BE in front: BE 0836.274.513.
- Where is MABO ENGINEERING & AUTOMATION based?
- The registered office is at Mallekotstraat 43A, 2500 Lier.Company details
- What does MABO ENGINEERING & AUTOMATION do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of MABO ENGINEERING & AUTOMATION?
- MABO ENGINEERING & AUTOMATION is a public limited company (NV).
- When was MABO ENGINEERING & AUTOMATION founded?
- MABO ENGINEERING & AUTOMATION was founded on 16-05-2011.
- Is MABO ENGINEERING & AUTOMATION still active?
- Yes, MABO ENGINEERING & AUTOMATION is an active enterprise in the KBO register.
- How many employees does MABO ENGINEERING & AUTOMATION have?
- MABO ENGINEERING & AUTOMATION had an average of 35.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MABO ENGINEERING & AUTOMATION fall under?
- In its 2021 annual accounts, MABO ENGINEERING & AUTOMATION states joint committees 111 (Metal, mechanical and electrical engineering) and 209 (White-collar workers in metal manufacturing).
- What is the turnover of MABO ENGINEERING & AUTOMATION?
- The turnover in financial year 2025 is ≈ €5.6m. This figure is estimated from the gross margin of €3.3m and 1,585 comparable companies of the same size. It probably lies between €3.8m and €9.3m. It is a rough estimate. In financial year 2021 turnover was €5.0m.
- Is MABO ENGINEERING & AUTOMATION profitable?
- In financial year 2025, MABO ENGINEERING & AUTOMATION made a loss of €442,631.
- Where can I find the annual accounts of MABO ENGINEERING & AUTOMATION?
- MABO ENGINEERING & AUTOMATION filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MABO ENGINEERING & AUTOMATION due?
- MABO ENGINEERING & AUTOMATION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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