Equity
€369,176 ▼ 27.6%
Machinified paid out €370,000 in dividends. That is 161% of the 2025 profit.
Machinified
Lifetime
4 annual accounts with figures on one time axispeak €798,842 (2025)
€798,842▲ 39.0%
peak €229,297 (2025)
€229,297▲ 1.5%
peak €509,879 (2024)
€369,176▼ 27.6%
€1.1m▲ 11.3%
peak 3.9 FTE (2025)
3.9 FTE▲ 77.3%
Board3 names since 2021
1 directorMICTIV
Owners
100%MICTIV
Documentsfilings and deeds
02-07-202629 days before the deadline
2025abbreviated format
Gross margin from €574,750 to €798,842Staff from 2.2 FTE to 3.9 FTEDividend €370,000Equity from €509,879 to €369,176Cash from €417,174 to €219,979
Key points
from the 2025 annual accountsTurnover
≈ €1.9m estimated
The abbreviated format states no turnover.
Debts
€1.1m 74% of the balance sheet
Financial debts 38%Suppliers 35%Taxes and wages 14%Other 14%
Of this, €631,374 falls due within a year.
Staff
4 employees on 31-12-2025
In 2025, 1 person joined and nobody left.
At the same address
14 companies
Position in the sector
€229,297
Higher net result than 81% of companies in fabricated metal products. Sector median €43,813 · 1,245 companies.
Checked score
81
Excellent
Financially stronger than 40% of micro companies in fabricated metal products (NACE 25)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.3%▼ -0.1 percentage points vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.4%▲ +0.1 percentage points vs 05-2025
07-2025: 0.3%▼ -0.1 percentage points vs 06-2025lowest value
08-2025: 0.3%● unchanged vs 07-2025lowest value
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.4%▲ +0.1 percentage points vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026
08-2026: 0.5%● unchanged vs 07-2026highest value
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2021
lowers risk
Figures for financial year 2025 (filed on 02-07-2026)
Liquidity: current ratio 1.22, cash €219,979
Size: 3.9 FTE, total assets €1.4m
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 25, micro). It does better than 28% of them on solvency, 40% on liquidity, 79% on profitability and 14% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 6,713 companies had the same profile as Machinified has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Machinified itself: 0.5% 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 6,713 companies, not a prediction for Machinified. 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 €25,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.22 (1.6 in 2024), below the usual 1.5. Short-term debt is 44.3% and cash 15.4% of total assets. 74.1% 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
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 1245 sector peers (2025).
NBB · sector comparisonPosition among 1245 sector peers
Solvency
better than 25%
← weakest
strongest →
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 02-07-2026, 29 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
29 days early
2024
45 days early
2023
48 days early
2022
47 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 42 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% 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 15 June (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Environmental permit granted
Bouwen of herbouwen, Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning), Slopen van niet vrijstaande gebouwen of constructies · Leuven
Resignation: Mathieu Tijskens (director)
Permanent representative: Michael Tijskens · Director discharge: Mathieu Tijskens · General meeting of 01-07-2024 · Gazette deed
Registered office moved from Herent to Heverlee
New registered office: Ambachtenlaan 16 Unit 15 te 3001 Heverlee · Previous registered office: Persilstraat 51 bus D501 te 3020 Herent · General meeting of 03-12-2021 · Gazette deed
Incorporation
Founding capital of €5,000, 100 shares · Founders: TIKKENS and TIJSKENS Mathieu Theo Pierre · Appointments: TIJSKENS Mathieu Theo Pierre (director) and TIKKENS (director) · published on 14-05-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Machinified Leuven | €1.4m | €0.8m | 25.9% | 3.9 |
| CLAERHOUT ALUMINIUM INSTALLATION Harelbeke | €1.6m | €0.7m | 1.8% | 3.3 |
| Flowstore Evergem | €1.0m | €0.7m | 31.8% | 5.7 |
| Staltor Izegem | €1.5m | €1.1m | 68.3% | 7.4 |
| LV METAL Lo-Reninge | €0.8m | €0.7m | 25.1% | 6.9 |
| Global Technical Solutions Zonhoven | €2.2m | €0.5m | 40.9% | 7.9 |
| KONSTRUKTIE - MACHINEBOUW JOCHEMS Hoogstraten | €1.0m | €0.5m | 21.4% | 1.6 |
These companies have the same main activity as Machinified: manufacture of fabricated metal products, except machinery and equipment (NACE 25999). They are comparable in size and age: total assets between €790,000 and €2.2m, founded between 2016 and 2024.
Official details
Source: KBO- Status
- Active since 11-05-2021Normal situation
- Registered office
- 15 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
- Activity
- Manufacture of fabricated metal products, except machinery and equipmentNACE 25999and 2 others
- Establishment unit
- 2.317.741.4573020 Herent, since 11-05-2021
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €1.4m▼ 2.3%
- Employeeson 31-12-2025
- 4▲ 33.3%
- Filing
- Filed on 02-07-2026, 29 days before the end of the filing period
Insights on Machinified
Machinified files the abbreviated format. That format states no turnover. The gross margin rose from €133,586 in 2022 to €798,842 in 2025.
MICTIV 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 Machinified
- What is the company number of Machinified?
- The company number of Machinified is 0768.329.476. The VAT number is the same number with BE in front: BE 0768.329.476.
- Where is Machinified based?
- The registered office is at Ambachtenlaan 16, 3001 Leuven.Company details
- What does Machinified do?
- According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25999).
- What is the legal form of Machinified?
- Machinified is a private limited company (BV).
- When was Machinified founded?
- Machinified was founded on 11-05-2021.
- Is Machinified still active?
- Yes, Machinified is an active enterprise in the KBO register.
- How many employees does Machinified have?
- Machinified had an average of 3.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Machinified?
- The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €798,842 and 2,275 comparable companies of the same size. It probably lies between €1.1m and €3.2m. It is a rough estimate.
- Is Machinified profitable?
- In financial year 2025, Machinified made a profit of €229,297.
- Where can I find the annual accounts of Machinified?
- Machinified filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Machinified due?
- Machinified must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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