MEGATOOL
ActiveMEGATOOL has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €195k and a net result of €5k. Equity is shrinking by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 50% of 4852 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-16
Solvency71▲+4
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 1.95 in 2024; short-term debt: 32.2% and cash: 6.3% of total assets), but 54.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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 2025Solvency, return and age of the figures
Solvency
45.7%
Return on assets
1.1%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1920202122232425
2019 to 2025 · latest year €195k
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
46 d late
2024
31 d early
2023
5 d early
2022
28 d early
2021
3 d early
2020
23 d late
2020
16 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 monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€517k
EBIT margin
4.7%
Net result
€5k▼ 83.4%
2024 · €28k
2019: €12k
2020: €16k
2020: €19k
2021: €-2k
2022: €-35k
2023: €-106k
2024: €28k
2019 → 2025
Working capital
€152k▲ 12.1%
2024 · €135k
2019: €268k
2020: €275k
2020: €296k
2021: €230k
2022: €205k
2023: €93k
2024: €135k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€305k-€268k▼ 12.1%€163k▼ 39.4%€191k▲ 17.3%€195k▲ 2.4%
Operating result€3k-€-29k€-100k▼ 242%€37k€14k▼ 61.9%
Net result€-2k-€-35k▼ 1,633%€-106k▼ 199%€28k€5k▼ 83.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 62% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €427k
Fixed assets
€138k▼ 20.5%
Current assets
€289k▲ 4.3%
Equity and liabilities €427k
Equity
€195k▲ 2.4%
Debt
€232k▼ 10.9%
The debt ratio falls from 57.7% to 54.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€50k▼
2024 · €74k
Cash flow
€40k▼
2024 · €65k
Solvency
45.7%▲
2024 · 42.3%
Current ratio
2.10▲
2024 · 1.95
Quick ratio
1.62▼
2024 · 1.63
Debt / equity
1.19▼
2024 · 1.36
ROE
2.4%▼
2024 · 14.7%
ROA
1.1%▼
2024 · 6.2%
Interest coverage
4.89▼
2024 · 7.25
Debt
€232k▼
2024 · €260k
Debt ≤ 1 year
€138k▼
2024 · €142k
Debt > 1 year
€94k▼
2024 · €118k
Staff costs
€75k▲
2024 · €69k
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€451k€427k▼
Fixed assets21/28€173k€138k▼
Tangible fixed assets22/27€173k€138k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€33k€23k▼
Leasing and similar rights25€34k€23k▼
Other tangible fixed assets26€103k€90k▼
Current assets29/58€278k€289k▲
Stocks and contracts in progress3€46k€66k▲
Stocks30/36€46k€66k▲
Amounts receivable within one year40/41€215k€195k▼
Trade receivables40€104k€94k▼
Other amounts receivable41€111k€102k▼
Cash at bank and in hand54/58€17k€27k▲
Deferred charges and accrued income490/1€470€516▲
Equity and liabilities
Total equity and liabilities10/49€451k€427k▼
Equity10/15€191k€195k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€168k€168k=
Non-distributable reserves130/1€0-
Legal reserve130€0-
Distributable reserves133€168k€168k=
Profit (loss) carried forward14€-38k€-34k▲
Amounts payable17/49€260k€232k▼
Amounts payable after more than one year17€118k€94k▼
Financial debts170/4€118k€94k▼
Amounts payable within one year42/48€142k€138k▼
Current portion of amounts payable after more than one year42€23k€25k▲
Financial debts43€6k€0▼
Credit institutions430/8€0-
Other loans439€6k€0▼
Trade debts44€32k€6k▼
Suppliers440/4€32k€6k▼
Taxes, remuneration and social security45€32k€33k▲
Taxes450/3€15k€1k▼
Remuneration and social security454/9€16k€32k▲
Other amounts payable47/48€49k€73k▲
Income statement
Code20242025
Remuneration, social security and pensions62€69k€75k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€35k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€144k€127k▼
Operating profit (loss)9901€37k€14k▼
Financial income75/76B€1k€670▼
Recurring financial income75€1k€670▼
Financial charges65/66B€10k€10k▼
Recurring financial charges65€10k€10k▼
Profit (loss) for the period before taxes9903€28k€5k▼
Income taxes67/77€0-
Profit (loss) for the period9904€28k€5k▼
Profit (loss) for the period to be appropriated9905€28k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-45k€-34k▲
Profit (loss) brought forward from the previous period14P€-73k€-38k▲
Transfer from equity791/2€6k€0▼
Social balance
Average headcount (FTE)9087-1.0
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 46 days late
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €28k
Net result €28k after 3 loss-making years.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-106k
Net result drops to €-106k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2019
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
06-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2017
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Zuienkerke · 1 establishment unit since 1992
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.
Oostendse Steenweg 828377 ZuienkerkeGround area
1,565 m²
Building footprint
1,565 m²
Volume, LiDAR
11,423 m³
Parcel 31011C0374/00P000, Flanders · tallest building 9.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MEGATOOL NV
since 19922.056.543.520
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31011C0374/00P000 | Flanders | 1,565 m² | 1 · 1,565 m² | 9.1 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteZuienkerke2.056.543.520
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Of 471 companies in sector 46442 we hold annual accounts for 334. 245 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-02-1992
Fiscal year end31-12
Activities, NACEBEL
46442Wholesale trade
46620Wholesale of machine tools
51442
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.