MY MAINTENANCE ENGINEER
ActiveSummary
MY MAINTENANCE ENGINEER has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80,490 and a net result of -€58,160. Equity is shrinking by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 63% of 689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-24
Solvency82▲+10
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.32 in 2024; short-term debt: 43.2% and cash: 23% of total assets), and 43.2% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
56.8%
Return on assets
-41.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€58,160
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
37 d early
2023
48 d early
2022
35 d early
2021
83 d early
2020
3 d early
2019
17 d late
← 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 24 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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 24 June (4 of the last 5 filed years within 46 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€58,160▼ 208%
2024 · -€18,904
Working capital
€14,614▼ 71.3%
2024 · €50,934
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€25,874▼ 2.3%€68,853▲ 166%€82,599▲ 20.0%-€16,186-€57,517▼ 255%
Net result€16,094within the sector's middle half▼ 26.4%€49,347within the sector's middle half▲ 207%€61,269within the sector's middle half▲ 24.2%-€18,904below the sector's middle half-€58,160below the sector's middle half▼ 208%
Equity€146,939below the sector's middle half▼ 47.7%€96,286below the sector's middle half▼ 34.5%€157,554below the sector's middle half▲ 63.6%€138,650below the sector's middle half▼ 12.0%€80,490below the sector's middle half▼ 41.9%
Total assets€363,518below the sector's middle half▼ 3.3%€296,551below the sector's middle half▼ 18.4%€319,189below the sector's middle half▲ 7.6%€297,880below the sector's middle half▼ 6.7%€141,603below the sector's middle half▼ 52.5%
Debt€216,579▲ 128%€200,265▼ 7.5%€161,634▼ 19.3%€159,230▼ 1.5%€61,113▼ 61.6%
Working capital€126,746within the sector's middle half▼ 48.9%€87,978within the sector's middle half▼ 30.6%€72,908below the sector's middle half▼ 17.1%€50,934below the sector's middle half▼ 30.1%€14,614below the sector's middle half▼ 71.3%
Solvency40.4%within the sector's middle half▼ 34.3pp32.5%within the sector's middle half▼ 8.0pp49.4%within the sector's middle half▲ 16.9pp46.5%within the sector's middle half▼ 2.8pp56.8%within the sector's middle half▲ 10.3pp
Current ratio1.59within the sector's middle half▼ 2.021.44within the sector's middle half▼ 0.151.45within the sector's middle half▲ 0.011.32within the sector's middle half▼ 0.131.24within the sector's middle half▼ 0.08
Return on assets (ROA)4.4%within the sector's middle half▼ 1.4pp16.6%above the sector's middle half▲ 12.2pp19.2%above the sector's middle half▲ 2.6pp-6.3%below the sector's middle half▼ 25.5pp-41.1%below the sector's middle half▼ 34.7pp
Staff (FTE)4within the sector's middle half▼ 9.1%4within the sector's middle half=5.1within the sector's middle half▲ 27.5%4.8within the sector's middle half▼ 5.9%4.3below the sector's middle half▼ 10.4%
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €57,517 in 2025 against €16,186 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €141,603
Fixed assets
€65,876 ▼ 24.9%
Current assets
€75,726 ▼ 64.0%
Equity and liabilities €141,603
Equity
€80,490 ▼ 41.9%
Debt
€61,113 ▼ 61.6%
Debt's share of the balance-sheet total falls from 53.5% to 43.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€35,677▼
2024 · €4,144
Cash flow
-€36,320▼
2024 · €1,426
Debt to equity
0.76▼
2024 · 1.15
ROE
-72.3%▼
2024 · -13.6%
Interest coverage
-37.11▼
2024 · 1.52
Debt ≤ 1 year
€61,113▼
2024 · €159,230
Income taxes
€0▲
2024 · €0
Staff costs
€341,064▲
2024 · €338,768
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.0%
went bankrupt
9.8%
stopped otherwise
88%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
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 4,805 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 | €230,028 | €233,412 | €332,915 | €338,768 | €341,064 | ▲ 0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,746 | €11,885 | €8,788 | €20,330 | €21,840 | ▲ 7.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €1,112 | - | - | - | - |
| Other operating charges640/8 | €2,147 | €1,886 | €2,659 | €2,513 | €2,151 | ▼ 14.4% |
| Gross operating margin9900 | €270,795 | €317,147 | €426,961 | €345,426 | €307,538 | ▼ 11.0% |
| Operating profit (loss)9901 | €25,874 | €68,853 | €82,599 | -€16,186 | -€57,517 | ▼ 255% |
| Financial income75/76B | €38 | €0 | €23 | €0 | €319 | - |
| Recurring financial income75 | €38 | €0 | €23 | €0 | €319 | - |
| Financial charges65/66B | €102 | €82 | €74 | €2,719 | €961 | ▼ 64.6% |
| Recurring financial charges65 | €102 | €82 | €74 | €2,719 | €961 | ▼ 64.6% |
| Profit (loss) for the period before taxes9903 | €25,810 | €68,771 | €82,549 | -€18,904 | -€58,160 | ▼ 208% |
| Income taxes67/77 | €9,716 | €19,424 | €21,280 | €0 | €0 | - |
| Profit (loss) for the period9904 | €16,094 | €49,347 | €61,269 | -€18,904 | -€58,160 | ▼ 208% |
| Profit (loss) for the period to be appropriated9905 | €16,094 | €49,347 | €61,269 | -€18,904 | -€58,160 | ▼ 208% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €363,518 | €296,551 | €319,189 | €297,880 | €141,603 | ▼ 52.5% |
| Fixed assets21/28 | €20,192 | €8,308 | €84,647 | €87,716 | €65,876 | ▼ 24.9% |
| Intangible fixed assets21 | €1,212 | €808 | €0 | - | - | - |
| Tangible fixed assets22/27 | €18,981 | €7,500 | €84,647 | €87,716 | €65,876 | ▼ 24.9% |
| Furniture and vehicles24 | €18,981 | €7,500 | €84,647 | €87,716 | €65,876 | ▼ 24.9% |
| Current assets29/58 | €343,326 | €288,243 | €234,542 | €210,163 | €75,726 | ▼ 64.0% |
| Amounts receivable within one year40/41 | €177,156 | €195,562 | €168,429 | €193,660 | €43,154 | ▼ 77.7% |
| Trade receivables40 | €177,001 | €195,562 | €151,118 | €193,660 | €43,154 | ▼ 77.7% |
| Other amounts receivable41 | €155 | - | €17,311 | €0 | - | - |
| Cash at bank and in hand54/58 | €166,170 | €92,682 | €66,113 | €16,503 | €32,572 | ▲ 97.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €363,518 | €296,551 | €319,189 | €297,880 | €141,603 | ▼ 52.5% |
| Equity10/15 | €146,939 | €96,286 | €157,554 | €138,650 | €80,490 | ▼ 41.9% |
| Contributions10/11 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Capital10 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Issued capital100 | €61,500 | €61,500 | €61,500 | €61,500 | €61,500 | = |
| Reserves13 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Non-distributable reserves130/1 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Legal reserve130 | €6,150 | €6,150 | €6,150 | €6,150 | €6,150 | = |
| Profit (loss) carried forward14 | €79,289 | €28,636 | €89,904 | €71,000 | €12,840 | ▼ 81.9% |
| Amounts payable17/49 | €216,579 | €200,265 | €161,634 | €159,230 | €61,113 | ▼ 61.6% |
| Amounts payable within one year42/48 | €216,579 | €200,265 | €161,634 | €159,230 | €61,113 | ▼ 61.6% |
| Trade debts44 | €29,107 | €45,260 | €117,504 | €23,597 | €25,058 | ▲ 6.2% |
| Suppliers440/4 | €29,107 | €45,260 | €117,504 | €23,597 | €25,058 | ▲ 6.2% |
| Advances received on contracts in progress46 | €393 | €3,334 | - | - | - | - |
| Taxes, remuneration and social security45 | €37,079 | €51,672 | €44,130 | €43,031 | €36,055 | ▼ 16.2% |
| Taxes450/3 | €13,684 | €26,886 | €6,465 | €19,032 | €4,493 | ▼ 76.4% |
| Remuneration and social security454/9 | €23,395 | €24,786 | €37,665 | €23,999 | €31,562 | ▲ 31.5% |
| Other amounts payable47/48 | €150,000 | €100,000 | - | €92,602 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,094 | €49,347 | €61,269 | -€18,904 | -€58,160 | ▼ 208% |
| + Depreciation and write-downs630 | €12,746 | €11,885 | €8,788 | €20,330 | €21,840 | ▲ 7.4% |
| Operating cash flow (approximation) | €28,840 | €61,231 | €70,057 | €1,426 | -€36,320 | ▼ 2,647% |
| Investment in fixed assets (approximation) | - | €0 | -€85,127 | -€23,400 | €0 | ▲ 100% |
| Change in cash | - | -€73,489 | -€26,569 | -€49,609 | €16,069 | ▲ 132% |
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 24 days late
2025
31-12
Financial
Weakest financial yearnet -€58,160
Net result drops to -€58,160, the lowest in the series.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €150,000Eq €157,554 ▲63.6%
6 profitable years in a row build equity to €157,554.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
09-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 17 days late
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 21 days late
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Waregem · 1 establishment unit since 2010
Ground area
1.4 ha
Building footprint
6,807 m²
Volume, LiDAR
55,386 m³
2 parcels, Flanders · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
My Maintenance Partner NV
since 20102.194.933.321
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34006A0016/00Y006 | Flanders | 1.3 ha | 1 · 6,684 m² | 12.1 m · 2 fl. |
| 34006A0016/00H005 | Flanders | 988 m² | 1 · 123 m² | 5.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 1,122 EUR awarded · 530 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 119 EUR | 119 EUR |
| 2024 | 1 | 920 EUR | 328 EUR |
| 2023 | 1 | 83 EUR | 83 EUR |
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Of 3,981 companies in this sector we hold annual accounts for 2,144. 1,569 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPublic limited company
Founded22-12-2010
Fiscal year end31-12
Abbreviation NL
MY ME
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
28299Manufacture of machinery and equipment not elsewhere classified
Contact
E-mail
info@mymp.beWaregem
Phone
056/ 69 47 77Waregem
E-invoicing
Reachable via Peppol
Peppol ID
0208:0832370064
Also
9925:BE0832370064
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.