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MECANIQUE DE PRECISION COLINET

Active
Private limited companyfounded 1985active for 41 yearsFaubourg de Mignault(R) 17, 7070 Le Roeulx, BelgiumKBO/BCE: BE 0427.767.723
Summary

MECANIQUE DE PRECISION COLINET has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24.0m and a net result of €182,529. Equity has been stable since 2018 (±0.5% per year). Its solvency ranks better than 76% of 384 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 30-09-1985 Normal situation
Activity
Manufacture of machinery and equipment not elsewhere classified NACE 28920
Joint committees
111 Paritair Comité voor de metaal-, machine- en elektrische bouw
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 2025
Establishment unit
2.027.862.895 7070 Le Roeulx, since 01-10-1985
Financial year end
31 December
Peppol
Reachable since 07-11-2025

Board and ownership

Board
  • FOGARTY PATRICK WilliamDirector · since 04-06-2015
  • DEKKERS ChristopheDirector · since 18-01-2017
  • Matthew FrenchDirector · since 04-02-2025
Auditor
DGST & Partners - réviseurs d'entreprises
Shareholders
  • G.H. ELECTROTERMIA SAannual accounts 2025
  • PARK-OHIO HOLDINGS CORP.annual accounts 2025

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€6.3m
▼ 43.0%
Profit
€182,529
▼ 79.6%
Equity
€24.0m
▲ 0.8%
Total assets
€39.0m
▼ 0.1%
Employees on 31-12-2025
55
=
Score breakdownraises riskLiquidity: current ratio 3.89, cash €699,669Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)lowers riskFounded in 1985Equity €24.0m (61.6% of total assets)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 46% of medium-sized companies in machinery and equipment (NACE 28)
Financial strength · tick: 2024
Weak
Solvency 87+1
equity 61.6% of total assets
Liquidity 44-6
short-term debt 22.9% · cash 1.8%
Profitability 13-1
return on assets 0.5%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (101 companies, NACE 28, medium-sized)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €600,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.89 (5.17 in 2024), above the usual 1.5. Short-term debt is 22.9% and cash 1.8% of total assets. 38.4% of the assets are financed with debt and provisions.
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 28, medium-sized). It does better than 82% of them on solvency, 65% on liquidity, 13% on profitability and 23% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1985
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 3.89, cash €699,669
NBB · annual accounts
lowers risk · Equity €24.0m (61.6% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)
KBO
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
42 days early
2024
44 days early
2023
47 days early
2022
52 days early
2021
51 days early
2020
58 days early
2019
43 days early
← 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 48 days before the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% 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 (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €893,501 to €182,529 ▼ 79.6% View
  • Positive: Largest employer in Le Roeulxin the Checked rankings No. 1 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Resignation: Thomas lllencik (director)Appointment: Matthew French (director)
  2. · Gazette deed Appointment: DGST & Partners - réviseurs d'entreprises (statutory auditor)
  3. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as MECANIQUE DE PRECISION COLINET: manufacture of machinery and equipment not elsewhere classified (NACE 28920). They are comparable in size and age: total assets between €4.1m and €10m, founded between 1972 and 2012.

CompanyTotal assetsTurnover
MECANIQUE DE PRECISION COLINET Le Roeulx€39.0m€6.3m
ATELIERS DELBEQUE Andenne€10.4m-
POLLERS EN ZONEN Heusden-Zolder€4.1m-
AEROCOM GmbH en Co. COMMUNICATIONSSYSTEME Schwäbisch Gmünd€5.9m-
HYDROMAT Welkenraedt€5.0m-
Echo Precast Engineering Houthalen-Helchteren€8.2m-
European Machine Delivery & Service Herentals€5.0m-
Full comparison

Key facts about MECANIQUE DE PRECISION COLINET

What is the company number of MECANIQUE DE PRECISION COLINET?
The company number of MECANIQUE DE PRECISION COLINET is 0427.767.723. The VAT number is the same number with BE in front: BE 0427.767.723.
Where is MECANIQUE DE PRECISION COLINET based?
The registered office is at Faubourg de Mignault(R) 17, 7070 Le Roeulx.Company details
What does MECANIQUE DE PRECISION COLINET do?
According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28920).
What is the legal form of MECANIQUE DE PRECISION COLINET?
The legal form of MECANIQUE DE PRECISION COLINET is Private limited company (BV).
When was MECANIQUE DE PRECISION COLINET founded?
MECANIQUE DE PRECISION COLINET was founded on 30-09-1985.
Is MECANIQUE DE PRECISION COLINET still active?
Yes, MECANIQUE DE PRECISION COLINET is an active enterprise in the KBO register.
How many employees does MECANIQUE DE PRECISION COLINET have?
MECANIQUE DE PRECISION COLINET had an average of 53.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MECANIQUE DE PRECISION COLINET fall under?
In its 2025 annual accounts, MECANIQUE DE PRECISION COLINET states joint committees 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw) and 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid).
What is the turnover of MECANIQUE DE PRECISION COLINET?
The turnover of MECANIQUE DE PRECISION COLINET was €6.3m in financial year 2025, according to the filed annual accounts.
Is MECANIQUE DE PRECISION COLINET profitable?
In financial year 2025, MECANIQUE DE PRECISION COLINET made a profit of €182,529.
Where can I find the annual accounts of MECANIQUE DE PRECISION COLINET?
MECANIQUE DE PRECISION COLINET filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MECANIQUE DE PRECISION COLINET due?
MECANIQUE DE PRECISION COLINET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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