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MELEXIS

Active
Public limited companyfounded 198837 yrs activeRozendaalstraat 12, 8900 Ieper, BelgiumKBO/BCE: BE 0435.604.729
Summary

MELEXIS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.12bn and a net result of €115.7m. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 81% of 145 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Manufacture of computer, electronic and optical products
NACE 26110Manufacture of computer, electronic and optical products NACE 26300NACE 32202
#1 company by total assets in Belgium, Computer and electronic products sector1 site
Size
€64.3mturnover 2025
Staff
329.3 FTE
Equity
€1.12bn
Profit
€115.7m
Financial health
94 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Parent
XTRION NV
Board
8 members
Holdings
14
Auditor: BV PwC BedrijfsrevisorenAccounts 71 d early
Why 94- Liquidity: current ratio 0.20, cash €667,694+ Size: turnover €64.3m, 329.3 FTE, total assets €1.41bn, files consolidated accounts+ Founded in 1988+ Equity €1.12bn (79.7% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Better than 54% of its sector peers (all companies)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency 100=
equity 79.7% of total assets
Liquidity 44-3
short-term debt 20.0% · cash 0.0%
Profitability 64-5
return on assets 8.2%
Bankruptcy probability, 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% (11 companies)
Last 13 months 10-2025: 0.1% 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%▼ -5.0% vs 01-2026lowest value 03-2026: 0.1%▲ +3.1% vs 02-2026 04-2026: 0.1%▲ +2.0% vs 03-2026 05-2026: 0.1%▲ +4.0% vs 04-2026highest value 06-2026: 0.1%▼ -2.9% vs 05-2026 07-2026: 0.1%● 0.0% vs 06-2026 08-2026: 0.1%● 0.0% vs 07-2026 09-2026: 0.1%● 0.0% vs 08-2026 10-2026: 0.1%● 0.0% vs 09-2026
  • Liquidity: current ratio 0.20, cash €667,694 raises the probability
  • Size: turnover €64.3m, 329.3 FTE, total assets €1.41bn, files consolidated accounts lowers the probability for this profile
  • Founded in 1988 lowers the probability for this profile
  • Equity €1.12bn (79.7% of total assets) lowers the probability
Credit up to €6,400,000 at 30 days acceptable
Liquidity short (current ratio 0.2 against 0.06 in 2024; short-term debt: 20% and cash: 0% of total assets), and 20.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (all companies). Better than this share of them on solvency 94%, liquidity 46%, profitability 44%, growth against the median 33%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.20, cash €667,694
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: turnover €64.3m, 329.3 FTE, total assets €1.41bn, files consolidated accounts
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 1988
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €1.12bn (79.7% of total assets)
In the bankruptcy model this factor lowers the probability.
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 21-05-2026, 71 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
71 d early
2024
44 d early
2023
50 d early
2022
42 d early
2021
48 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 51 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 13 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Reappointments: Françoise Chombar (director) and Roland…Appointments: Jayanthi Natarajan (independent director)…
  2. Annual accounts filedfiscal year 2025 · consolidated
  3. Annual accounts filedfiscal year 2025 · full…

Key points

  • Positive: Company by total assets in Belgium, Computer and…in the Checked rankings #1 View
  • Caution: Result fell in 2025from €227.4m to €115.7m ▼ 49.1% View
  • Controlled by XTRION NVitself parent of 15 companies parent View
  • Positive: 8 profitable years in a rowprofit 2025: €115.7m 8 years View
  • Merger with Xpeqtmerger on 01-01-2026 2026 View
  • New directorlatest change 12-05-2026 · 8 in office 1 joined View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Fiscal year
2025
Turnover
€64.3m
Profit
€115.7m
Solvency
79.7%
Turnover▼ 7.2%
Net result
20182025
Go to Financials

Board & ownership

Board
8 members
Parent
XTRION NV
Auditor
BV PwC Bedrijfsrevisoren
Go to Board & ownership

Network & group

Subsidiaries
15
Holdings
14
Connected companies
23
Mergers and contributions
1

15 subsidiaries

Go to Network & group

Timeline

Events
46
Since
2004
Next accounts
by 31-07-2027
  1. 15-07-2026Reappointments: Françoise Chombar (director) and Roland Duchâtelet…
  2. 09-06-2026Annual accounts filed
  3. 21-05-2026Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of computer, electronic and optical productsNACE 26110
Founded
24-10-1988
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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