Financials
- Financial year
- 2025
- Total assets
- €39,986
- Profit
- €3,609
- Solvency
- 16.5%
MYCK.WORKS
ActiveSummary
The computed 12-month bankruptcy probability of MYCK.WORKS is 9.0% (elevated). The 2025 annual accounts show equity of €6,609 and a net result of €3,609. Its solvency ranks better than 21% of 2,314 sector peers (NACE 25, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Machining of metals
NACE 25530
1 site
Size
€39,986total assets 2025
- Staff
- 0.8 FTE
- Equity
- €6,609
- Profit
- €3,609
Turnover not published (micro format)
Why 32raises risk3 changes of registered office in 24 monthsFounded in 2025Liquidity: current ratio 0.67, cash €520lowers riskFigures for financial year 2025 (filed 13-07-2026)Show the evidence
Checked score
Score 2025
32
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 29% of its sector peers (NACE 25, micro)
Financial strength
Weak
Solvency
42
equity 16.5% of total assets
Liquidity
6
short-term debt 83.5% · cash 1.3%
Profitability
80
return on assets 9.0%
Bankruptcy probability, 12 months
9.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
03-2026: 3.8%lowest value
04-2026: 3.8%● unchanged vs 03-2026lowest value
05-2026: 4.0%▲ +0.2 percentage points vs 04-2026
06-2026: 8.7%▲ +4.7 percentage points vs 05-2026
07-2026: 8.9%▲ +0.2 percentage points vs 06-2026
08-2026: 8.7%▼ -0.2 percentage points vs 07-2026
09-2026: 8.7%● unchanged vs 08-2026
10-2026: 9.0%▲ +0.3 percentage points vs 09-2026highest value
No publishable credit limit; credit only on tighter terms
Liquidity insufficient (current ratio 0.67, below 1; short-term debt: 83.5% and cash: 1.3% of total assets), and 83.5% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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): better than 19% on solvency, 4% on liquidity and 63% on profitability.
The bankruptcy probability was computed on 22-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 2314 sector peers (2025).
NBB · sector comparisonPosition among 2314 sector peers
Solvency
better than 21%
← weakest
strongest →
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 13-07-2026, 18 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
18 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Registered officeRegistered-office move
- Annual accounts filedfinancial year 2025 · micro…
- Registered officeRegistered-office move
Key points
By topic
Board & ownership
- Board
- 1 member
- AL-RAMMAHI Mohammed Adil AhmedDirector
Timeline
- Events
- 5
- Since
- 2025
- 06-10-2025Registered office
- 21-02-2025Incorporation
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Machining of metalsNACE 25530
- Founded
- 19-02-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 11
- Who signs
- Each director alone
- Annual meeting
- Third Tuesday of June at 20:00
- Purpose
- “Lassen; Schoonmaak/Industriële reinigen van kantoren/gebouwen in dit in de meeste brede…” (deed in Dutch)
- Statutory auditor
- No statutory auditor
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark Is the workforce growing, and do people stay?Employer check
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