Equity
€1.2m ▲ 5.8%
MENCH INDUSTRY has made a profit without a break since 2020.
MENCH INDUSTRY
Lifetime
20 annual accounts with figures on one time axis, 29 filings since 1997peak €918,823 (2007)
€844,724▼ 3.5%
lowest -€413,762 (2019)
€67,492▲ 135%
peak €1.2m (2025)
€1.2m▲ 5.8%
€2.4m▼ 11.1%
peak 10 FTE (2008)
9.4 FTE▲ 4.4%
Board4 names since 2017
4 directorsBOSTEELS Clyve and 3 others
Owners
Documentsfilings and deeds
31-07-2026on the last day
2025financial year
Result from €28,684 to €67,492Investments €173,013Cash from €93,805 to €40,362
Key points
from the 2025 annual accountsTurnover
≈ €2.0m estimated
The accounts state no turnover.
Investments
€173,013 3.7 × depreciation
Green is investment, beige is depreciation.
Staff
12 employees on 31-12-2025
In 2025, 4 people joined and nobody left.
Filings
29 annual accounts since 1997
Six of the last ten came late. The 2019 accounts came latest: 91 days after the end of the period.
At the same address
7 companies
Checked score
81
Excellent
Financially stronger than 37% of micro companies in machinery and equipment (NACE 28)
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: 0.3% across 980 companies (NACE 28, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024lowest value
02-2025: 0.4%● unchanged vs 01-2025lowest value
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.5%▲ +0.1 percentage points vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.7%▲ +0.2 percentage points vs 06-2025
08-2025: 0.7%● unchanged vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.8%▲ +0.1 percentage points vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026highest value
08-2026: 0.5%▼ -0.3 percentage points vs 07-2026
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 strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 1.31, cash €40,362, halved
Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)
lowers risk
Founded in 1996
Figures for financial year 2025 (filed on 31-07-2026)
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, micro). It does better than 38% of them on solvency, 13% on liquidity, 44% on profitability and 54% 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, 17,041 companies had the same profile as MENCH INDUSTRY has now. Each dot stands for 43 companies, two years later.
94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MENCH INDUSTRY 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 17,041 companies, not a prediction for MENCH INDUSTRY. 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 €95,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.31 (1.44 in 2024), below the usual 1.5. Short-term debt is 60% and cash 1.1% of total assets. 65.7% 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
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
26 days early
2023
30 days late
2022
32 days late
2021
31 days early
2020
3 days early
2019
91 days late
← 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 13 days after 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 31 July (4 of the last 5 accounts filed within 31 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
Board and ownership
P
PATY
Managing director, BOSTEELS Ivo
SM
STB MANAGEMENT
Managing director, Bosteels Steve
KM
KB MANAGEMENT
Director, Bosteels Ken, since 26-05-2023
- CLYVE-INVEST 8,068 sharesdeed of 18-11-2019
- STEVE-INVEST 8,068 sharesdeed of 18-11-2019
- KEN-INVEST 8,068 sharesdeed of 18-11-2019
Shares in 3 companies, including DC EQUIPMENT SA and LAGOON BELUX
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0459133464
4 directors appointed
BOSTEELS Clyve, STB MANAGEMENT (managing director), KB MANAGEMENT and PATY (managing director) · Permanent representatives: Bosteels Steve, Bosteels Ken and BOSTEELS Ivo · General meeting of 13-06-2023 · Gazette deed
Amendment of the articles
Capital of €723,946.76, 29,204 shares · General meeting of 23-12-2020 · Gazette deed
Registered office moved from Schaerbeek to Machelen
New registered office: Trawoollaan 1a bus 3, 1830 Machelen · Previous registered office: Avenue Georges Rodenbach 61, 1030 Schaerbeek · General meeting of 23-12-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MENCH INDUSTRY Machelen (Brab.) | €3.6m | €0.8m | 34.3% | 9.4 |
| EUREGIO HYDRAULICS Raeren | €4.0m | €1.2m | 80.8% | 5.9 |
| SPOO Haacht | €3.5m | €0.8m | 3.9% | 8.6 |
| HAECK SUBCONTRACTING Ypres | €1.6m | €0.9m | 41.4% | 10.9 |
| SCHUNK INTEC Aalst | €1.6m | €1.0m | 12.9% | 8.6 |
| THOMAS WELDING SYSTEMS Charleroi | €1.7m | €1.2m | 62.5% | 10.8 |
| ALLHYDRO Oudenaarde | €1.7m | €0.8m | 52.9% | 8.5 |
These companies have the same main activity as MENCH INDUSTRY: manufacture of machinery and equipment not elsewhere classified (NACE 28299). They are comparable in size and age: total assets between €1.6m and €4m, founded between 1987 and 1997.
Official details
Source: KBO- Status
- Active since 31-10-1996Normal situation
- Activity
- Manufacture of machinery and equipment not elsewhere classifiedNACE 28299and 1 other
- Joint committees
- 149.01Electricians: installation and distribution
- 200Auxiliary committee for white-collar workers · annual accounts 2023
- Establishment unit
- 2.079.113.3411830 Machelen (Brab.), since 18-11-1996
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- €3.6m▼ 6.0%
- Employeeson 31-12-2025
- 12▲ 50.0%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Companies linked to MENCH INDUSTRY
Subsidiaries and holdings
- STEJO50%
Insights on MENCH INDUSTRY
MENCH INDUSTRY has existed since 1996. The gross margin fell from €862,179 in 2009 to €81,102 in 2012.
In August 2023, the Official Gazette published the appointment of PATY as managing director.
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 MENCH INDUSTRY
- What is the company number of MENCH INDUSTRY?
- The company number of MENCH INDUSTRY is 0459.133.464. The VAT number is the same number with BE in front: BE 0459.133.464.
- Where is MENCH INDUSTRY based?
- The registered office is at Trawoollaan 1a, 1830 Machelen (Brab.).Company details
- What does MENCH INDUSTRY do?
- According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28299).
- What is the legal form of MENCH INDUSTRY?
- MENCH INDUSTRY is a public limited company (NV).
- When was MENCH INDUSTRY founded?
- MENCH INDUSTRY was founded on 31-10-1996.
- Is MENCH INDUSTRY still active?
- Yes, MENCH INDUSTRY is an active enterprise in the KBO register.
- How many employees does MENCH INDUSTRY have?
- MENCH INDUSTRY had an average of 9.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MENCH INDUSTRY fall under?
- In its 2023 annual accounts, MENCH INDUSTRY states joint committees 149.01 (Electricians: installation and distribution) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of MENCH INDUSTRY?
- The turnover in financial year 2025 is ≈ €2.0m. This figure is estimated from the gross margin of €844,724 and 2,275 comparable companies of the same size. It probably lies between €1.2m and €3.4m. It is a rough estimate.
- Is MENCH INDUSTRY profitable?
- In financial year 2025, MENCH INDUSTRY made a profit of €67,492.
- Where can I find the annual accounts of MENCH INDUSTRY?
- MENCH INDUSTRY filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MENCH INDUSTRY due?
- MENCH INDUSTRY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.