OLDSCOOL MECHANICS
The computed 12-month bankruptcy probability of OLDSCOOL MECHANICS is 0.7% (low). The 2025 annual accounts show negative equity (€-108k) and a net result of €8k. Equity is shrinking by ~4% per year across the filed fiscal years. Its solvency ranks better than 6% of 1401 sector peers (fiscal year 2025). The company has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-108k |
| Net result | €8k |
| Better than sector | 6% |
| Active | 50 yrs |
Mixed profile: strong on stability, weaker on profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -181.8% | 23.6% | |
| Net result | €8k | €8k | |
| Equity | €-108k | €26k | |
| Gross operating margin | €23k | €35k | |
| Total assets | €59k | €133k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €18k |
| Net profit | €8k |
| Cash flow | €16k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €59k |
| Equity | €-108k |
| Debt | €167k |
| of which ≤ 1y | €9k |
| of which > 1y | €158k |
| Working capital | €19k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 3.10 |
| Quick ratio | 0.77 |
| Working capital ratio | 31.8% |
| Solvency | -181.8% |
| Debt / equity | -1.55 |
| Long-term debt ratio | -1.47 |
| Interest coverage | 10.42 |
| Gross margin | - |
| Net margin | - |
| ROA | 13.6% |
| ROE | -7.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €59k |
| Fixed assets | 21/28 | €31k |
| Tangible fixed assets | 22/27 | €31k |
| Current assets | 29/58 | €28k |
| Stocks & contracts in progress | 3 | €21k |
| Amounts receivable within one year | 40/41 | €6k |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €59k |
| Equity | 10/15 | €-108k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €-128k |
| Amounts payable | 17/49 | €167k |
| Amounts payable after one year | 17 | €158k |
| Amounts payable within one year | 42/48 | €9k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €23k |
| Operating result | 9901 | €10k |
| Financial income | 75 | €13 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €8k |
| Net result for the period | 9904 | €8k |
| Result to be appropriated | 9905 | €8k |
| NACE primary | Retail trade(47830) |
| Legal form | Private limited company(610) |
| Incorporation | 05-04-1976 |
| Status | Active |
| Postal code | 2100 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11012A0288/00T000 | Flanders | 534 m² | 1 · 378 m² | 11.3 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
01-02-2024 Board composition published
Technical details
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"kind": "substantive_delegation",
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"name": "DE MOL Ivan Gilbert Virginie",
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"notary": {
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},
"act_meta": {
"language": "nl",
"pub_date": "2024-02-01",
"filing_date": "2024-01-30",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-12-29",
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}
],
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"subject_company": {
"kbo": "0415.980.342",
"name_full": "OLDSCOOL MECHANICS",
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},
"co_filed_documents": [
"afschrift van de akte",
"geco\u00F6rdineerde tekst van de statuten en historiek van de statutenwijzigingen"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | OLDSCOOL MECHANICS |