Result
€84,175 ▼ 51.7%
The result fell in 2025 from €174,156 to €84,175.
MENCO TOOLING
Lifetime
15 annual accounts with figures on one time axispeak €806,245 (2025)
€806,245▲ 3.5%
lowest -€99,367 (2023)
€84,175▼ 51.7%
peak €675,547 (2025)
€675,547▲ 14.2%
€1.1m▲ 31.5%
peak 6 FTE (2023)
5.2 FTE▲ 4.0%
Board4 names since 2010
-
Owners2 names in the annual accounts
100%YECO
Documentsfilings and deeds
26-05-202666 days before the deadline
2025abbreviated format
Result from €174,156 to €84,175Equity from €591,371 to €675,547Debts from €813,817 to €1.1mInvestments €562,048Cash from €370,765 to €226,870
Key points
from the 2025 annual accountsTurnover
≈ €1.9m estimated
The abbreviated format states no turnover.
Debts
€1.1m ▲ 31.5%
Debts rose by €256,571 in 2025.
Investments
€1.3m 6.3 × depreciation
Green is investment, beige is depreciation. Machinery stands 41.2% higher than in 2024.
Filings
15 annual accounts since 2011
The 2016 accounts came 8 days late. The other nine of the last ten were filed on time.
At the same address
34 companies
Checked score
87
Excellent
Financially stronger than 53% of micro companies in fabricated metal products (NACE 25)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.4%▲ +0.1 percentage points vs 04-2025highest value
06-2025: 0.1%▼ -0.3 percentage points 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 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
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: 0.3%▲ +0.2 percentage points vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
lowers risk
Founded in 2010
Figures for financial year 2025 (filed on 26-05-2026)
Liquidity: current ratio 1.65, cash €226,870
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 25, micro). It does better than 42% of them on solvency, 56% on liquidity, 50% on profitability and 65% 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, 10,904 companies had the same profile as MENCO TOOLING has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of MENCO TOOLING itself: 0.3% 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 10,904 companies, not a prediction for MENCO TOOLING. 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 €55,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.65 (1.97 in 2024), above the usual 1.5. Short-term debt is 23.8% and cash 13% of total assets. However, 61.3% of the assets are financed with debt and provisions.
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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 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 days early
2024
86 days early
2023
110 days early
2022
38 days early
2021
53 days early
2020
22 days early
2019
29 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 58 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% 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 26 May (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- YECO 100%score 94equity €496,080 (2025) · 2025 annual accounts of YECO
- FRECOM 50%score 96equity €115,393 (2025) · 2024 annual accounts of FRECOM
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0827756428
2 directors resigning
FRECOM BV and Jozef Wijnen · Permanent representative: Frédéric Geboers · General meeting of 21-12-2023 · Gazette deed
Appointment: YECO BV (managing director)
Permanent representative: Jan Wijnerı · Board meeting of 20-11-2022 · Gazette deed
Merger: MENCO TOOLING takes over MENCO PROJECTS
Issue of 350 shares · Resignation: enige bestuurder van de overgenomen vennootschap (sole director) · “zoals hierna bepaald onder tiende besluit” (deed in Dutch) · General meeting of 23-06-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MENCO TOOLING Halen | €1.7m | €806,245 | 38.7% | 5.2 |
| Onderhoud De Jong Constructie Wingene | €1.8m | €780,842 | 38.3% | 4.3 |
| FIDOMATIC Ledegem | €1.7m | €903,490 | 48.7% | 6.4 |
| Tools & Technics Houben Pelt | €1.3m | €850,732 | 34.5% | 6.3 |
| GEREEDSCHAPSMAKERIJ JARO Hechtel-Eksel | €2.0m | €906,720 | 42.6% | 7.6 |
| Erpa Industrial Supplier Ostend | €1.8m | €704,833 | 72.8% | 6.4 |
| PG SERVICES Awans | €2.1m | €766,198 | 75.5% | 5.5 |
These companies have the same main activity as MENCO TOOLING: machining of metals (NACE 25530). They are comparable in size and age: total assets between €1.3m and €2.1m, founded between 2006 and 2012.
Official details
Source: KBO- Status
- Active since 08-07-2010Normal situation
- Registered office
- 36 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
- Activity
- Machining of metalsNACE 25530and 2 others
- Joint committee
- 209White-collar workers in metal manufacturing · annual accounts 2025
- Establishment unit
- 2.231.449.0693545 Halen, since 08-07-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Annual accounts 2025
- €1.7m▲ 24.2%
- Employeeson 31-12-2025
- 6▲ 20.0%
- Filing
- Filed on 26-05-2026, 66 days before the end of the filing period
Insights on MENCO TOOLING
MENCO TOOLING files the abbreviated format. That format states no turnover. The gross margin rose from €114,939 in 2011 to €806,245 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets, financed with long-term debt.
YECO 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 MENCO TOOLING
- What is the company number of MENCO TOOLING?
- The company number of MENCO TOOLING is 0827.756.428. The VAT number is the same number with BE in front: BE 0827.756.428.
- Where is MENCO TOOLING based?
- The registered office is at Meldertsestraat 8, 3545 Halen.Company details
- What does MENCO TOOLING do?
- According to the KBO register, the main activity is machining of metals (NACE 25530).
- What is the legal form of MENCO TOOLING?
- MENCO TOOLING is a private limited company (BV).
- When was MENCO TOOLING founded?
- MENCO TOOLING was founded on 08-07-2010.
- Is MENCO TOOLING still active?
- Yes, MENCO TOOLING is an active enterprise in the KBO register.
- How many employees does MENCO TOOLING have?
- MENCO TOOLING had an average of 5.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MENCO TOOLING fall under?
- In its 2025 annual accounts, MENCO TOOLING states joint committee 209 (White-collar workers in metal manufacturing).
- What is the turnover of MENCO TOOLING?
- The turnover in financial year 2025 is ≈ €1.9m. This figure is estimated from the gross margin of €806,245 and 2,275 comparable companies of the same size. It probably lies between €1.1m and €3.2m. It is a rough estimate.
- Is MENCO TOOLING profitable?
- In financial year 2025, MENCO TOOLING made a profit of €84,175.
- Where can I find the annual accounts of MENCO TOOLING?
- MENCO TOOLING filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MENCO TOOLING due?
- MENCO TOOLING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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