MOTRONICS
ActiveSummary
MOTRONICS has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.0m and a net result of €400,262. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €270,000 at 30 days acceptable
Liquidity ample (current ratio 29.56 against 37.13 in 2024; short-term debt: 3.1% and cash: 75.9% of total assets), and 3.1% of the assets are financed with debt.
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Signals
Four 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
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
96.9%
Return on assets
12.8%
Age of the figures
9 mo
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 19-07-2026, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
12 d early
2024
11 d early
2023
17 d early
2022
20 d early
2021
9 d early
2020
26 d late
2019
15 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#1 company by equity in Braine-le-Château, Manufacturing sector#3 company by total assets in Braine-le-Château, Manufacturing sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€400,262▼ 4.2%
2024 · €417,692
Working capital
€2.8m▲ 19.0%
2024 · €2.3m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€289,015▲ 2.0%€440,237▲ 52.3%€476,351▲ 8.2%€532,463▲ 11.8%€543,733▲ 2.1%
Net result€221,237within the sector's middle half▲ 6.8%€335,217within the sector's middle half▲ 51.5%€364,424within the sector's middle half▲ 8.7%€417,692within the sector's middle half▲ 14.6%€400,262above the sector's middle half▼ 4.2%
Equity€1.5mwithin the sector's middle half▲ 8.6%€1.9mwithin the sector's middle half▲ 23.4%€2.3mwithin the sector's middle half▲ 19.2%€2.6mwithin the sector's middle half▲ 16.2%€3.0mabove the sector's middle half▲ 15.2%
Total assets€1.7mwithin the sector's middle half▲ 15.9%€2.0mwithin the sector's middle half▲ 18.2%€2.3mwithin the sector's middle half▲ 16.9%€2.7mwithin the sector's middle half▲ 17.0%€3.1mwithin the sector's middle half▲ 16.1%
Debt€127,091▲ 522%€71,050▼ 44.1%€40,339▼ 43.2%€64,451▲ 59.8%€97,065▲ 50.6%
Working capital€1.1m▲ 14.9%€1.5m▲ 34.9%€1.9m▲ 24.2%€2.3m▲ 21.1%€2.8m▲ 19.0%
Solvency92.4%above the sector's middle half▼ 6.2pp96.4%above the sector's middle half▲ 4.0pp98.2%above the sector's middle half▲ 1.9pp97.6%above the sector's middle half▼ 0.6pp96.9%above the sector's middle half▼ 0.7pp
Staff (FTE)0.1below the sector's middle half0.3below the sector's middle half▲ 200%
above
within
below
the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 2% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.1m
Fixed assets
€260,653 ▼ 13.7%
Current assets
€2.9m ▲ 19.8%
Equity and liabilities €3.1m
Equity
€3.0m ▲ 15.2%
Debt
€97,065 ▲ 50.6%
Debt's share of the balance-sheet total rises from 2.4% to 3.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€585,538▲
2024 · €576,036
Cash flow
€442,068▼
2024 · €461,265
Current ratio
29.56▼
2024 · 37.13
Quick ratio
29.54▼
2024 · 37.08
Debt to equity
0.03▲
2024 · 0.02
ROE
13.2%▼
2024 · 15.9%
ROA
12.8%▼
2024 · 15.5%
Interest coverage
3181.58▲
2024 · 2859.31
Debt ≤ 1 year
€96,984▲
2024 · €64,451
Income taxes
€180,742▲
2024 · €133,016
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,082 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €2,448 | €11,316 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €40,133 | €41,497 | €42,654 | €43,573 | €41,806 | ▼ 4.1% |
| Other operating charges640/8 | €2,695 | €2,296 | €2,415 | €3,355 | €3,902 | ▲ 16.3% |
| Non-recurring operating charges66A | - | - | €962 | - | - | - |
| Gross operating margin9900 | €334,290 | €495,346 | €522,381 | €579,391 | €589,440 | ▲ 1.7% |
| Operating profit (loss)9901 | €289,015 | €440,237 | €476,351 | €532,463 | €543,733 | ▲ 2.1% |
| Financial income75/76B | €183 | €1,049 | €3,711 | €18,447 | €37,456 | ▲ 103% |
| Recurring financial income75 | €183 | €1,049 | €3,711 | €18,447 | €37,456 | ▲ 103% |
| Financial charges65/66B | €413 | €513 | €315 | €201 | €184 | ▼ 8.6% |
| Recurring financial charges65 | €413 | €513 | €315 | €201 | €184 | ▼ 8.6% |
| Profit (loss) for the period before taxes9903 | €288,784 | €440,773 | €479,746 | €550,708 | €581,004 | ▲ 5.5% |
| Income taxes67/77 | €67,547 | €105,556 | €115,322 | €133,016 | €180,742 | ▲ 35.9% |
| Profit (loss) for the period9904 | €221,237 | €335,217 | €364,424 | €417,692 | €400,262 | ▼ 4.2% |
| Profit (loss) for the period to be appropriated9905 | €221,237 | €335,217 | €364,424 | €417,692 | €400,262 | ▼ 4.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.7m | €2.0m | €2.3m | €2.7m | €3.1m | ▲ 16.1% |
| Fixed assets21/28 | €390,083 | €377,842 | €339,524 | €302,014 | €260,653 | ▼ 13.7% |
| Tangible fixed assets22/27 | €389,862 | €377,621 | €339,524 | €302,014 | €260,653 | ▼ 13.7% |
| Land and buildings22 | €308,169 | €307,421 | €288,978 | €270,535 | €252,392 | ▼ 6.7% |
| Plant, machinery and equipment23 | €3,305 | €11,298 | €8,612 | €5,926 | €3,240 | ▼ 45.3% |
| Furniture and vehicles24 | €76,593 | €58,132 | €40,772 | €24,708 | €4,493 | ▼ 81.8% |
| Other tangible fixed assets26 | €1,796 | €769 | €1,162 | €845 | €527 | ▼ 37.6% |
| Financial fixed assets28 | €221 | €221 | - | - | - | - |
| Current assets29/58 | €1.3m | €1.6m | €2.0m | €2.4m | €2.9m | ▲ 19.8% |
| Stocks and contracts in progress3 | €2,790 | €2,890 | €2,740 | €2,740 | €2,650 | ▼ 3.3% |
| Stocks30/36 | €2,790 | €2,890 | €2,740 | €2,740 | €2,650 | ▼ 3.3% |
| Amounts receivable within one year40/41 | €83,204 | €24,989 | €126,511 | €96,069 | €131,887 | ▲ 37.3% |
| Trade receivables40 | €71,245 | €20,545 | €109,393 | €96,069 | €114,365 | ▲ 19.0% |
| Other amounts receivable41 | €11,959 | €4,444 | €17,118 | - | €17,521 | - |
| Current investments50/53 | €636 | €634 | €203,899 | €320,711 | €358,585 | ▲ 11.8% |
| Cash at bank and in hand54/58 | €1.2m | €1.6m | €1.6m | €2.0m | €2.4m | ▲ 20.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.7m | €2.0m | €2.3m | €2.7m | €3.1m | ▲ 16.1% |
| Equity10/15 | €1.5m | €1.9m | €2.3m | €2.6m | €3.0m | ▲ 15.2% |
| Contributions10/11 | €12,400 | €37,184 | €37,184 | €37,184 | €37,184 | = |
| Capital10 | €12,400 | - | - | - | - | - |
| Issued capital100 | €18,592 | - | - | - | - | - |
| Uncalled capital101 | €6,192 | - | - | - | - | - |
| Reserves13 | €14,805 | €14,805 | €14,805 | €14,805 | €415,067 | ▲ 2,704% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | €1,859 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Tax-exempt reserves132 | €12,946 | €12,946 | €12,946 | €12,946 | €12,946 | = |
| Distributable reserves133 | - | - | - | - | €400,262 | - |
| Profit (loss) carried forward14 | €1.5m | €1.8m | €2.2m | €2.6m | €2.6m | = |
| Amounts payable17/49 | €127,091 | €71,050 | €40,339 | €64,451 | €97,065 | ▲ 50.6% |
| Amounts payable within one year42/48 | €126,882 | €42,505 | €40,339 | €64,451 | €96,984 | ▲ 50.5% |
| Trade debts44 | €11,710 | €2,560 | €243 | - | €1,765 | - |
| Suppliers440/4 | €11,710 | €2,560 | €243 | - | €1,765 | - |
| Taxes, remuneration and social security45 | €40,036 | €39,016 | €40,096 | €58,197 | €86,847 | ▲ 49.2% |
| Taxes450/3 | €39,311 | €39,016 | €40,096 | €58,197 | €86,847 | ▲ 49.2% |
| Remuneration and social security454/9 | €724 | - | - | - | - | - |
| Other amounts payable47/48 | €75,136 | €930 | - | €6,254 | €8,372 | ▲ 33.9% |
| Accrued charges and deferred income492/3 | €208 | €28,545 | - | - | €80 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €221,237 | €335,217 | €364,424 | €417,692 | €400,262 | ▼ 4.2% |
| + Depreciation and write-downs630 | €40,133 | €41,497 | €42,654 | €43,573 | €41,806 | ▼ 4.1% |
| Operating cash flow (approximation) | €261,370 | €376,714 | €407,078 | €461,265 | €442,068 | ▼ 4.2% |
| Investment in fixed assets (approximation) | - | -€29,256 | -€4,336 | -€6,063 | -€444 | ▲ 92.7% |
| Change in cash | - | €374,319 | €67,393 | €342,721 | €400,636 | ▲ 16.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
20-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €417,692 ▲14.6%
Net result €417,692, the highest in the series.
14-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €2mEq €2.3m ▲19.2%
6 profitable years in a row build equity to €2.3m.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 37.45
Current ratio from 10.05 to 37.45; short-term debt falls from €126,882 to €42,505.
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €148,696 ▼18.1%
Net result drops to €148,696, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 87.58
Current ratio from 26.87 to 87.58; short-term debt falls from €27,502 to €9,937.
Show earlier events
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Braine-le-Château · 1 establishment unit since 1997
Ground area
108 m²
Building footprint
47 m²
Volume, LiDAR
446 m³
Parcel 25015D0044/00T000, Wallonia · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Notre -Dame au Bois 30, 1440 Braine-le-Château
since 19972.084.710.934
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25015D0044/00T000 | Wallonia | 108 m² | 1 · 47 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 30 companies in sector 28230 we hold annual accounts for 27. 14 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-11-1997
Fiscal year end31-12
Activities, NACEBEL 2025
28230Manufacture of machinery and equipment not elsewhere classified
33200Installation of industrial machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0461965864
Registered
02-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.