Equity
€137,433 ▲ 19.6%
Metaalwerken Commeyne paid out €3,200 in dividends. That is 12% of the 2025 profit.
Metaalwerken Commeyne
Lifetime
3 annual accounts with figures on one time axispeak €279,010 (2025)
€279,010▲ 30.8%
peak €92,719 (2024)
€25,751▼ 72.2%
peak €137,433 (2025)
€137,433▲ 19.6%
€1.2m▲ 81.3%
Board3 names since 2019
2 directorsBo Commeyne and 1 other
Documentsfilings and deeds
27-01-20264 days before the deadline
2025micro format
Gross margin from €213,294 to €279,010Result from €92,719 to €25,751Dividend €3,200Equity from €114,882 to €137,433Debts from €638,445 to €1.2mInvestments €261,978
Key points
from the 2025 annual accountsResult
€25,751 ▼ 72.2%
The result fell in 2025 from €92,719 to €25,751.
Debts
€1.2m 89% of the balance sheet
Financial debts 80%Suppliers 7%Taxes and wages 1%Other 12%
Of this, €426,065 falls due within a year.
Investments
€261,978 3.0 × depreciation
Green is investment, beige is depreciation. Machinery stands 29.2% higher than in 2024.
Staff
2 employees on 30-06-2025
In 2025, 2 people joined and 1 left.
Position in the sector
10.6%
Lower solvency than 83% of companies in fabricated metal products. Sector median 44.2% · 2,343 companies.
Checked score
67
Healthy
Financially stronger than 35% of micro companies in fabricated metal products (NACE 25)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,709 companies (NACE 25, micro).
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025lowest value
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.6%● unchanged vs 09-2025
11-2025: 0.6%● unchanged vs 10-2025
12-2025: 0.7%▲ +0.1 percentage points vs 11-2025
01-2026: 0.9%▲ +0.2 percentage points vs 12-2025highest value
02-2026: 0.7%▼ -0.2 percentage points vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 0.7%● unchanged vs 07-2026
09-2026: 0.7%● unchanged vs 08-2026
10-2026: 0.9%▲ +0.2 percentage points vs 09-2026
11-2026: 0.9%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Equity €137,433 (10.6% of total assets)
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
Founded in 2019
lowers risk
Size: total assets €1.3m
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 14% of them on solvency, 27% on liquidity, 28% on profitability and 71% on growth.
The bankruptcy probability was computed on 10-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 3,274 companies had the same profile as Metaalwerken Commeyne has now. Each dot stands for 9 companies, two years later.
94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Metaalwerken Commeyne itself: 0.9% within 12 months.
Test of the method
The method was tested on the 497,448 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 3,274 companies, not a prediction for Metaalwerken Commeyne. 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 €9,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.26 (1.59 in 2024), below the usual 1.5. Short-term debt is 32.9% and cash 3.1% of total assets. 89.4% 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
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 2343 sector peers (2025).
NBB · sector comparisonPosition among 2343 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
4 days early
2024
73 days early
2023
19 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 32 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 financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 12 January (3 of the last 3 accounts filed within 54 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end11-11-2026 today31-01-2027 deadline
Board and ownership
- Christ Commeyne 49 sharesdeed of 04-01-2023
- Bo Commeyne 50 sharesdeed of 04-01-2023
- Ruth Sierens 1 sharedeed of 04-01-2023
Recent changes
Appointment: Ruth SIERENS (director)
General meeting of 03-03-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0732796101
Changes of role: Christ Commeyne (director) and Bo Commeyne (director)
Legal-form conversion: from general partnership to private limited company · Christ Commeyne holds 49 shares · Bo Commeyne holds 50 shares · General meeting of 22-12-2022 · Gazette deed
Incorporation
Founding capital of €1,000 · Founders: Commeyne Bo and Commeyne Christ · Appointments: Commeyne Bo (director) and Commeyne Christ (director) · published on 26-08-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Metaalwerken Commeyne Wevelgem | €1.3m | €279,010 | 10.6% | - |
| Innovative Building Systems Wervik | €1.4m | €338,190 | -120.7% | 1.8 |
| Ealtec Anzegem | €1.2m | €313,828 | 20.0% | 2.3 |
| HCT-SERVICES Sint-Truiden | €1.1m | €282,681 | 27.3% | 2.9 |
| Kempen Units Kasterlee | €1.1m | €356,043 | 27.9% | 1.8 |
| Arco Construct Wevelgem | €1.1m | €197,931 | 26.9% | - |
| Degrauwe Constructie Izegem | €1.2m | €232,344 | 12.4% | - |
These companies have the same main activity as Metaalwerken Commeyne: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €1.1m and €1.4m, founded between 2018 and 2021.
Official details
Source: KBO- Status
- Active since 22-08-2019Normal situation
- Activity
- Manufacture of metal structures and parts of structuresNACE 25110and 5 others
- Joint committee
- 111Metal, mechanical and electrical engineering · annual accounts 30-06-2025
- Establishment unit
- 2.292.664.0868560 Wevelgem, since 22-08-2019
- Financial year end
- 30 June
- Peppol
- Reachable since 07-02-2024
Annual accounts to 30-06-2025
- ≈ €560,000estimated
- €1.3m▲ 71.9%
- Employeeson 30-06-2025
- 2▲ 100%
- Filing
- Filed on 27-01-2026, 4 days before the end of the filing period
Insights on Metaalwerken Commeyne
Metaalwerken Commeyne files the micro format. That format states no turnover. The gross margin rose from €75,585 in 2023 to €279,010 in 2025.
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 Metaalwerken Commeyne
- What is the company number of Metaalwerken Commeyne?
- The company number of Metaalwerken Commeyne is 0732.796.101. The VAT number is the same number with BE in front: BE 0732.796.101.
- Where is Metaalwerken Commeyne based?
- The registered office is at Karrestraat 24, 8560 Wevelgem.Company details
- What does Metaalwerken Commeyne do?
- According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
- What is the legal form of Metaalwerken Commeyne?
- Metaalwerken Commeyne is a private limited company (BV).
- When was Metaalwerken Commeyne founded?
- Metaalwerken Commeyne was founded on 22-08-2019.
- Is Metaalwerken Commeyne still active?
- Yes, Metaalwerken Commeyne is an active enterprise in the KBO register.
- How many employees does Metaalwerken Commeyne have?
- Metaalwerken Commeyne had an average of 2.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Metaalwerken Commeyne fall under?
- In its 30-06-2025 annual accounts, Metaalwerken Commeyne states joint committee 111 (Metal, mechanical and electrical engineering).
- What is the turnover of Metaalwerken Commeyne?
- The turnover in financial year 2025 is ≈ €560,000. This figure is estimated from the gross margin of €279,010 and 878 comparable companies of the same size. It probably lies between €390,000 and €820,000. It is a rough estimate.
- Is Metaalwerken Commeyne profitable?
- In financial year 2025, Metaalwerken Commeyne made a profit of €25,751.
- Where can I find the annual accounts of Metaalwerken Commeyne?
- Metaalwerken Commeyne filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Metaalwerken Commeyne due?
- Metaalwerken Commeyne must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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