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Megaton

Active Public limited companyfounded 1965active for 60 yearsNederwijk-Oost 279, 9400 NinoveKBO/BCE: BE 0400.308.805 subsidiary of WILLY NAESSENS CONCRETE#4 company by total assets in Ninove, Manufacturing sector
Part of the group Koutermolen 63 companies in 5 countries
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Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1977
peak €53.3m (2023)
€34.4m▼ 13.5%
lowest -€1.2m (2014)
€1.6m▲ 7.9%
peak €8.9m (2025)
€8.9m▲ 22.4%
€12.7m▼ 11.5%
peak 89.9 FTE (2006)
52.5 FTE▼ 3.7%
Board9 names since 2013
5 directorsNaessens Sem and 4 others
Owners3 names in the annual accounts
Documentsfilings and deeds
15-07-202616 days before the deadline
2025financial year
Turnover from €39.8m to €34.4mNew director 18-08Reappointment: A&C-Bedrijfsrevisor BV (statutory auditor) 09-01Equity from €7.2m to €8.9m

Key points

from the 2025 annual accounts

Equity

€8.9m ▲ 22.4%

Megaton has made a profit without a break since 2016.

Staff

52.5 FTE from 89.9 in 2006

Between 2006 and 2025, 42% of the full-time equivalents disappeared.

Board

1 joined · 1 left

Board changed. Latest change 30-06-2026 · 5 in office.

Checked score

94
Excellent
Financially stronger than 50% of medium-sized companies in non-metallic mineral products (NACE 23)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 52 companies (NACE 23, medium-sized).

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

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 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%▲ +0.1 percentage points 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 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Average

66+7equity 41.2% of total assets
34+7short-term debt 48.0% · cash 6.4%
71+3return on assets 7.5%

Score breakdown

raises risk
Liquidity: current ratio 1.27, cash €1.4m
lowers risk
Profit of €1.6m (financial year 2025)
Sector: Manufacture of other non-metallic mineral products (NACE 23)
Size: turnover €34.4m, 52.5 FTE, total assets €21.5m
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 23, medium-sized). It does better than 40% of them on solvency, 35% on liquidity, 71% on profitability and 54% on growth.

The bankruptcy probability was computed on 08-11-2026 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, 1,579 companies had the same profile as Megaton has now. Each dot stands for 4 companies, two years later.

96.6%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of Megaton itself: 0.1% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,579 companies, not a prediction for Megaton. 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 €800,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.27 (1.01 in 2024), below the usual 1.5. Short-term debt is 48% and cash 6.4% of total assets. 58.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.27, cash €1.4m
NBB · annual accounts
lowers risk · Profit of €1.6m (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Manufacture of other non-metallic mineral products (NACE 23)
KBO
lowers risk · Size: turnover €34.4m, 52.5 FTE, total assets €21.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 days early
2024
27 days early
2023
7 days early
2022
14 days early
2021
17 days early
2020
82 days late
2019
4 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 on the deadline day. In the sector (NACE 23), the median for financial year 2024 was 10 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 15 July (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
09-11-2026 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

Board and ownership

TD
Daily manager
NS
Director, since 03-06-2023
NV
Director, since 03-06-2023
ND
NV DEROOSE PROJECTS
Director, Deroose Dirk, since 03-06-2023
VH
Director, since 03-06-2023
I
INGELBEEN
Director, Dennis Ingelbeen, since 07-06-2025

Shares in 1 company, ACTIM

Board & ownership

Recent changes

New day-to-day manager Tom D'Hondt appointed, NV KOUTERMOLEN resigned · Permanent representative: Dennis Ingelbeen · Board meeting of 30-06-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0400308805
Environmental permit granted Bouwen of herbouwen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Verbouwen en/of uitbreiden van bijgebouwen en niet overdekte lage constructies and 1 more · Oudenaarde
New director INGELBEEN appointed, Koutermolen resigned · Permanent representative: Dennis Ingelbeen · Director discharge: Koutermolen · General meeting of 07-06-2025 · Gazette deed
All 69 events

Comparable companies

same main activity, similar in size and age
Company
Megaton Ninove €34.4m 6.2% 41.2% 52.5
PREFER PREFAB Flémalle €28.9m 8.1% 26.3% 49.5
VAN MAERCKE PREFAB Kluisbergen €27.9m 3.7% 54.6% 89.2
DE WAAL SOLID FOUNDATIONS Lokeren €39.1m 6.5% 28.6% 104.5
Les Bétons de la Lomme Rochefort €20.7m 15.5% 74.6% 59.6
BETONFABRIEK DE BONTE EN VAN HECKE Waasmunster €25.1m 5.3% 30.2% 60.3
Fingo Malle €51.5m 23.2% 47.9% 84.4
-10%0%10%20%€10m€20m€50m€100m€200m€500mMegatonEBIT margin

Grey: the largest companies of the sector (non-metallic mineral products (NACE 23)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as Megaton: manufacture of other non-metallic mineral products (NACE 23610). They are comparable in size and age: total assets between €15m and €45m, founded between 1948 and 1993.

Official details

Source: KBO
Status
Active since 15-12-1965Normal situation
Activity
Manufacture of other non-metallic mineral productsNACE 23610and 1 other
Joint committees
106Cement industry
200Auxiliary committee for white-collar workers · annual accounts 2025
Establishment unit
2.001.154.6399400 Ninove, since 01-10-1966
Financial year end
31 December
Peppol
Reachable since 27-11-2025
Company details

Annual accounts 2025

€21.5m▼ 0.1%
Employeeson 31-12-2025
53▼ 7.0%
Filing
Filed on 15-07-2026, 16 days before the end of the filing period
Financials

Companies linked to Megaton

Insights on Megaton

Megaton has existed since 1965. Turnover grew from €14.5m in 2006 to €34.4m in 2025, while staff fell from 89.9 to 52.5 full-time equivalents.

Solvency rose in 2025 from 33.6% to 41.2% because of the retained profit and lower debts.

WILLY NAESSENS CONCRETE 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 Megaton

What is the company number of Megaton?
The company number of Megaton is 0400.308.805. The VAT number is the same number with BE in front: BE 0400.308.805.
Where is Megaton based?
The registered office is at Nederwijk-Oost 279, 9400 Ninove.Company details
What does Megaton do?
According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23610).
What is the legal form of Megaton?
Megaton is a public limited company (NV).
When was Megaton founded?
Megaton was founded on 15-12-1965.
Is Megaton still active?
Yes, Megaton is an active enterprise in the KBO register.
How many employees does Megaton have?
Megaton had an average of 52.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Megaton fall under?
In its 2025 annual accounts, Megaton states joint committees 106 (Cement industry) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of Megaton?
The turnover of Megaton was €34.4m in financial year 2025, according to the filed annual accounts.
Is Megaton profitable?
In financial year 2025, Megaton made a profit of €1.6m.
Where can I find the annual accounts of Megaton?
Megaton filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Megaton due?
Megaton must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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