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MY MAINTENANCE ENGINEER

Active
Public limited companyfounded 201015 yrs activeGrote Heerweg 65, 8791 Waregem, BelgiumKBO/BCE: BE 0832.370.064
Summary

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 729 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Manufacture of metal structures and parts of structures
NACE 25110
1 site
Size
€141,603total assets 2025
Staff
4.3 FTE
Equity
€80,490
Loss
-€58,160
Financial health
69 Healthy Checked score 2025
Bankruptcy chance 12 m
0.6%
Structure
Accounts filed 24 d late0 of 5 deeds read
Why 69- Loss of €58,160, the second in a row (FY 2025)- Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)+ Liquidity: current ratio 1.24, cash €32,572+ Equity €80,490 (56.8% of total assets)Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 33% of its sector peers (NACE 25, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 82+10
equity 56.8% of total assets
Liquidity 58+28
short-term debt 43.2% · cash 23.0%
Profitability 0-24
return on assets -41.1%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,670 companies)
Last 11 months 12-2025: 0.7% 01-2026: 0.7%● 0.0% vs 12-2025 02-2026: 0.7%● 0.0% vs 01-2026 03-2026: 0.7%● 0.0% vs 02-2026 04-2026: 0.8%▲ +9.3% vs 03-2026 05-2026: 0.7%▼ -3.0% vs 04-2026 06-2026: 0.7%▼ -5.7% vs 05-2026 07-2026: 0.8%▲ +9.5% vs 06-2026 08-2026: 1.4%▲ +85.3% vs 07-2026highest value 09-2026: 0.6%▼ -58.9% vs 08-2026lowest value 10-2026: 0.6%● 0.0% vs 09-2026lowest value
  • Loss of €58,160, the second in a row (FY 2025) raises the probability
  • Liquidity: current ratio 1.24, cash €32,572 lowers the probability
  • Equity €80,490 (56.8% of total assets) lowers the probability
  • Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25) raises the probability
Credit up to €5,000 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.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 25, micro). Better than this share of them on solvency 61%, liquidity 57%, profitability 4%, growth against the median 9%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Loss of €58,160, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.24, cash €32,572
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €80,490 (56.8% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Sector Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
In the bankruptcy model this factor raises the probability.
KBO
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 2025
Net 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 filings
Deviation 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 months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Weakest financial yearnet -€58,160
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Caution: Among the weakest 8% on equitysector median €1.2m · 729 companies €80,490 View
  • Caution: Equity fell in 2025from €138,650 to €80,490 ▼ 41.9% View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€58,160 View

By topic

Financials

Fiscal year
2025
Total assets
€141,603
Loss
-€58,160
Solvency
56.8%
Total assets▼ 52.5%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 24-08-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 24-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of metal structures and parts of structuresNACE 25110
Founded
22-12-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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