PELL-MATH
ActiveSummary
PELL-MATH has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €242,742 and a net result of €14,651. Equity remains stable across the filed financial years (±0.5% per year). Its solvency ranks better than 94% of 463 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28990
10th oldest company in Limburg, Machinery and equipment sector1 site
Size
≈ €140,000turnover 2025, estimated
- Equity
- €242,742
- Profit
- €14,651
Turnover estimated from the gross margin
Why 97raises riskSector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)lowers riskLiquidity: current ratio 19.38, cash €217,888Equity €242,742 (94.8% of total assets)Founded in 1985Show the evidence
Checked score
Score 2025
97
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 75% of its sector peers (NACE 28, micro)
Financial strength · tick = 2024
Strong
Solvency
100=
equity 94.8% of total assets
Liquidity
100=
short-term debt 5.2% · cash 85.1%
Profitability
76-3
return on assets 5.7%
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.2%
12-2024: 0.2%● unchanged vs 11-2024
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.4%▲ +0.2 percentage points vs 07-2025highest value
09-2025: 0.1%▼ -0.3 percentage points vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: < 0.1%▼ -0.1 percentage points vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity ample (current ratio 19.38, compared with 33.97 in 2024, above the usual 1.5; short-term debt: 5.2% and cash: 85.1% of total assets), and 5.2% 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 28, micro): better than 89% on solvency, 97% on liquidity, 57% on profitability and 55% on growth.
The bankruptcy probability was computed on 27-10-2026 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).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €242,742
raises risk · 2025 accounts filed 18 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
18 days late
2024
30 days late
2023
25 days late
2022
10 days late
2021
30 days late
2020
25 days late
2019
7 days 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 19 days after the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Back to profitnet €18,966
Financials · financial year 2025, micro format
In the rankings
#10 oldest company in Limburg, Machinery and equipment sector
2025 annual accounts filed late (18 days) Filed on 18 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00404755.
Turnover
≈ €140,000
Estimated: probably between €86,000 and €260,000
Total assets
€255,945▲ 8.9%
2024 · €234,994
Net result
€14,651▼ 22.7%
2024 · €18,966
Working capital
€242,677▲ 6.6%
2024 · €227,582
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 8% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€18,631
2025
Net result€14,651
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€255,945
2025
Equity€242,742
2025
Debt€13,203
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€242,677
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)5.7%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency94.8%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio19.38
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 28, Manufacture of machinery and equipment not elsewhere classified: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€36,213-€3,533▼ 90.2%-€9,635€1,966€850▼ 56.8%-€16,558€20,229€18,631▼ 7.9%
Net result€28,296-€1,650▼ 94.2%-€11,142below the sector's middle half€442below the sector's middle half-€97below the sector's middle half-€18,284below the sector's middle half▼ 18,732%€18,966within the sector's middle half€14,651within the sector's middle half▼ 22.7%
Equity€242,257-€238,207▼ 1.7%€227,065above the sector's middle half▼ 4.7%€227,506above the sector's middle half▲ 0.2%€227,409within the sector's middle half=€209,125within the sector's middle half▼ 8.0%€228,091within the sector's middle half▲ 9.1%€242,742within the sector's middle half▲ 6.4%
Total assets€271,396-€287,148▲ 5.8%€254,527within the sector's middle half▼ 11.4%€242,704within the sector's middle half▼ 4.6%€236,721within the sector's middle half▼ 2.5%€211,897within the sector's middle half▼ 10.5%€234,994within the sector's middle half▲ 10.9%€255,945within the sector's middle half▲ 8.9%
Debt€29,138-€48,941▲ 68.0%€27,462▼ 43.9%€15,198▼ 44.7%€9,312▼ 38.7%€2,773▼ 70.2%€6,903▲ 149%€13,203▲ 91.3%
Working capital€240,003-€223,304▼ 7.0%€208,824above the sector's middle half▼ 6.5%€211,056above the sector's middle half▲ 1.1%€218,123above the sector's middle half▲ 3.3%€206,807above the sector's middle half▼ 5.2%€227,582above the sector's middle half▲ 10.0%€242,677above the sector's middle half▲ 6.6%
Solvency89.3%-83.0%▼ 6.3pp89.2%above the sector's middle half▲ 6.3pp93.7%above the sector's middle half▲ 4.5pp96.1%above the sector's middle half▲ 2.3pp98.7%above the sector's middle half▲ 2.6pp97.1%above the sector's middle half▼ 1.6pp94.8%above the sector's middle half▼ 2.2pp
Current ratio9.24-7.86▼ 1.3712.40above the sector's middle half▲ 4.5416.77above the sector's middle half▲ 4.3727.90above the sector's middle half▲ 11.1375.59above the sector's middle half▲ 47.6933.97above the sector's middle half▼ 41.6219.38above the sector's middle half▼ 14.59
Return on assets (ROA)10.4%-0.6%▼ 9.9pp-4.4%below the sector's middle half▼ 5.0pp0.2%below the sector's middle half▲ 4.6pp0.0%below the sector's middle half▼ 0.2pp-8.6%below the sector's middle half▼ 8.6pp8.1%within the sector's middle half▲ 16.7pp5.7%within the sector's middle half▼ 2.3pp
above
within
below
the middle half of NACE 28, Manufacture of machinery and equipment not elsewhere classified: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €255,945
Fixed assets
€66 ▼ 87.1%
Current assets
€255,879 ▲ 9.1%
Equity and liabilities €255,945
Equity
€242,742 ▲ 6.4%
Debt
€13,203 ▲ 91.3%
Debt's share of the balance-sheet total rises from 2.9% to 5.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€19,074▼
2024 · €22,037
Cash flow
€15,095▼
2024 · €20,774
Debt to equity
0.05▲
2024 · 0.03
ROE
6.0%▼
2024 · 8.3%
Interest coverage
31.15▲
2024 · 22.36
Debt ≤ 1 year
€13,203▲
2024 · €6,903
Income taxes
€5,736▲
2024 · €842
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,368 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93.5%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,445 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% | 0.9% |
| 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 74.5% 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 31,368 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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €536 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,128 | €9,424 | €10,618 | €9,860 | €7,778 | €8,156 | €1,808 | €444 | ▼ 75.5% |
| Other operating charges640/8 | - | - | - | €1,520 | €1,351 | €2,001 | €6,111 | €16,589 | ▲ 171% |
| Gross operating margin9900 | €50,163 | €28,768 | €3,428 | €13,882 | €9,978 | -€6,401 | €28,148 | €35,664 | ▲ 26.7% |
| Operating profit (loss)9901 | €36,213 | €3,533 | -€9,635 | €1,966 | €850 | -€16,558 | €20,229 | €18,631 | ▼ 7.9% |
| Financial income75/76B | - | - | - | €7 | €1 | €0 | €564 | €2,369 | ▲ 320% |
| Recurring financial income75 | €1 | €23 | €2 | €7 | €1 | €0 | €564 | €2,369 | ▲ 320% |
| Financial charges65/66B | - | - | - | €960 | €356 | €1,119 | €985 | €612 | ▼ 37.9% |
| Recurring financial charges65 | €1,002 | €1,342 | €963 | €960 | €356 | €1,119 | €985 | €612 | ▼ 37.9% |
| Profit (loss) for the period before taxes9903 | €35,213 | €2,215 | -€10,596 | €1,013 | €495 | -€17,677 | €19,808 | €20,387 | ▲ 2.9% |
| Income taxes67/77 | €6,917 | €565 | €546 | €572 | €592 | €607 | €842 | €5,736 | ▲ 581% |
| Profit (loss) for the period9904 | €28,296 | €1,650 | -€11,142 | €442 | -€97 | -€18,284 | €18,966 | €14,651 | ▼ 22.7% |
| Profit (loss) for the period to be appropriated9905 | €28,296 | €1,650 | -€11,142 | €442 | -€97 | -€18,284 | €18,966 | €14,651 | ▼ 22.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €271,396 | €287,148 | €254,527 | €242,704 | €236,721 | €211,897 | €234,994 | €255,945 | ▲ 8.9% |
| Formation expenses20 | - | - | - | - | - | - | - | €0 | - |
| Fixed assets21/28 | €2,254 | €31,304 | €27,386 | €18,269 | €10,491 | €2,317 | €509 | €66 | ▼ 87.1% |
| Intangible fixed assets21 | - | €4,060 | €6,279 | €3,187 | €2,124 | €1,062 | - | €0 | - |
| Tangible fixed assets22/27 | €2,110 | €27,099 | €20,962 | €14,938 | €8,222 | €1,255 | €509 | €66 | ▼ 87.1% |
| Plant, machinery and equipment23 | - | - | - | - | - | - | - | €0 | - |
| Furniture and vehicles24 | - | - | - | €2,169 | €1,236 | €1,255 | €509 | €66 | ▼ 87.1% |
| Leasing and similar rights25 | - | - | - | €12,768 | €6,986 | - | - | - | - |
| Financial fixed assets28 | €145 | €145 | €145 | €145 | €145 | - | - | - | - |
| Current assets29/58 | €269,141 | €255,844 | €227,141 | €224,435 | €226,230 | €209,580 | €234,485 | €255,879 | ▲ 9.1% |
| Amounts receivable within one year40/41 | €87,326 | €61,669 | €35,681 | €42,349 | €58,675 | €37,146 | €33,478 | €37,761 | ▲ 12.8% |
| Trade receivables40 | - | - | - | €39,963 | €51,063 | €28,248 | €22,245 | €28,154 | ▲ 26.6% |
| Other amounts receivable41 | - | - | - | €2,386 | €7,612 | €8,898 | €11,233 | €9,607 | ▼ 14.5% |
| Current investments50/53 | €50 | €50 | €50 | €50 | €50 | €50 | €50 | €50 | = |
| Cash at bank and in hand54/58 | €181,765 | €192,947 | €191,410 | €182,036 | €166,293 | €172,227 | €200,958 | €217,888 | ▲ 8.4% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,212 | €158 | - | €182 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €271,396 | €287,148 | €254,527 | €242,704 | €236,721 | €211,897 | €234,994 | €255,945 | ▲ 8.9% |
| Equity10/15 | €242,257 | €238,207 | €227,065 | €227,506 | €227,409 | €209,125 | €228,091 | €242,742 | ▲ 6.4% |
| Contributions10/11 | €218,600 | €218,600 | - | €218,600 | €218,600 | €218,600 | €218,600 | €218,600 | = |
| Reserves13 | €23,657 | €23,657 | €23,657 | €23,657 | €23,657 | €23,657 | €23,657 | €24,142 | ▲ 2.1% |
| Non-distributable reserves130/1 | - | - | - | €21,860 | €21,860 | €21,860 | €21,860 | €21,860 | = |
| Reserves not available under the articles1311 | - | - | - | €21,860 | €21,860 | €21,860 | €21,860 | €21,860 | = |
| Distributable reserves133 | - | - | - | €1,797 | €1,797 | €1,797 | €1,797 | €2,282 | ▲ 27.0% |
| Profit (loss) carried forward14 | - | -€4,050 | -€15,192 | -€14,751 | -€14,848 | -€33,132 | -€14,166 | - | - |
| Amounts payable17/49 | €29,138 | €48,941 | €27,462 | €15,198 | €9,312 | €2,773 | €6,903 | €13,203 | ▲ 91.3% |
| Amounts payable after more than one year17 | - | €16,401 | €9,145 | €1,818 | €1,205 | - | - | - | - |
| Financial debts170/4 | - | - | - | €1,818 | €1,205 | - | - | - | - |
| Amounts payable within one year42/48 | €29,138 | €32,540 | €18,317 | €13,379 | €8,107 | €2,773 | €6,903 | €13,203 | ▲ 91.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €7,327 | €614 | - | - | - | - |
| Trade debts44 | €11,707 | €14,219 | €6,789 | €2,289 | €4,212 | €979 | €700 | €727 | ▲ 3.8% |
| Suppliers440/4 | - | - | - | €2,289 | €4,212 | €979 | €700 | €727 | ▲ 3.8% |
| Taxes, remuneration and social security45 | - | - | - | €3,764 | €3,282 | €1,793 | €6,203 | €12,475 | ▲ 101% |
| Taxes450/3 | - | - | - | €3,764 | €3,282 | €1,793 | €6,203 | €12,475 | ▲ 101% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,296 | €1,650 | -€11,142 | €442 | -€97 | -€18,284 | €18,966 | €14,651 | ▼ 22.7% |
| + Depreciation and write-downs630 | €1,128 | €9,424 | €10,618 | €9,860 | €7,778 | €8,156 | €1,808 | €444 | ▼ 75.5% |
| Operating cash flow (approximation) | €29,424 | €11,074 | -€524 | €10,301 | €7,681 | -€10,129 | €20,774 | €15,095 | ▼ 27.3% |
| Investment in fixed assets (approximation) | - | -€38,474 | -€6,700 | -€743 | €0 | €18 | €0 | €0 | - |
| Change in cash | - | €11,181 | -€1,536 | -€9,374 | -€15,743 | €5,934 | €28,731 | €16,930 | ▼ 41.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 41 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 18-08-2026 | 2026-00404755 |
| 31-12-2024 | micro format | 30-08-2025 | 2025-00451200 |
| 31-12-2023 | micro format | 25-08-2024 | 2024-00372766 |
| 31-12-2022 | micro format | 10-08-2023 | 2023-00323341 |
| 31-12-2021 | micro format | 30-08-2022 | 2022-20365525 |
| 31-12-2020 | micro format | 25-08-2021 | 2021-53200363 |
| 31-12-2019 | micro format | 24-07-2020 | 2020-33800192 |
| 31-12-2018 | micro format | 27-08-2019 | 2019-52600360 |
| 31-12-2017 | micro format | 31-08-2018 | 2018-58800106 |
| 31-12-2016 | micro format | 23-08-2017 | 2017-48200220 |
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Of the 341 active companies whose main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28990), figures are known for 278. 198 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2024
PELLENS Mathieu
CurrentDirector (not named in the articles)
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
4 of this company's 5 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
2 people since 2024, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| PELLENS Mathieu |
|
| PELLENS Astrid |
|
Owners and capital
Capital and shareholders
Capital over the years
- 27-05-2024 Capital stated in the deed · 250 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
financial year 2025 · micro format · 18 days late
2025
30-08
NBB filing
Annual accounts filed
financial year 2024 · micro format · 30 days late
2024
31-12
Financial
Back to profitnet €18,966
Net result €18,966 after 2 loss-making years.
25-08
NBB filing
Annual accounts filed
financial year 2023 · micro format · 25 days late
27-05
Gazette deed
Resignations: PELLENS Mathieu (manager) and PELLENS Astrid (manager)Reappointment: PELLENS Mathieu (director) · Amendment of the articles · Capital conversion13 facts ▸
Gazette deed
Resignations: PELLENS Mathieu (manager) and PELLENS Astrid (manager)
Reappointment: PELLENS Mathieu (director) · Amendment of the articles · Capital conversion13 facts ▸
- General meeting, 02-05-2024
- Amendment of the articles (2 times)
- Capital conversion, “TWEEDE BESLISSING, van rechtswege” (deed in Dutch)
- Other provision, “opheffing statutair onbeschikbare eigen vermogensrekening, opheffen en middelen beschikbaar maken voor uitkering” (deed in Dutch)
- Capital
- Director resignation, PELLENS Mathieu (manager)
- Director resignation, PELLENS Astrid (manager)
- Director discharge, PELLENS Mathieu
- Director discharge, PELLENS Astrid
- Director reappointment, PELLENS Mathieu (director (not named in the articles))
- Registered-office move
- Power of attorney
- +1 further fact in this act
2023
31-12
Financial
Weakest financial yearnet -€18,284
Net result drops to -€18,284, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity more than doubledcurrent ratio 75.59
Current ratio from 27.90 to 75.59; short-term debt falls from €8,107 to €2,773.
10-08
NBB filing
Annual accounts filed
financial year 2022 · micro format · 10 days late
2022
30-08
NBB filing
Annual accounts filed
financial year 2021 · micro format · 30 days late
2021
31-12
Financial
Back to profitnet €442
Net result €442 after one loss-making year.
25-08
NBB filing
Annual accounts filed
financial year 2020 · micro format · 25 days late
2020
24-07
NBB filing
Annual accounts filed
financial year 2019 · micro format
Show earlier events
2019
27-08
NBB filing
Annual accounts filed
financial year 2018 · micro format · 27 days late
2018
31-08
NBB filing
Annual accounts filed
financial year 2017 · micro format · 31 days late
2017
23-08
NBB filing
Annual accounts filed
financial year 2016 · micro format · 23 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 41 annual accounts filed, the latest 10 are here; all 41 are under Financials.
1 of 5 deeds read
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded04-03-1985
Financial year end31-12
Activities, NACEBEL 2025
28990Manufacture of machinery and equipment not elsewhere classified
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0427083575
Also
9925:BE0427083575
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Houthalen-Helchteren · 1 establishment unit since 1985
Ground area
2,026 m²
Building footprint
183 m²
Building volume
732 m³
Parcel 72014B0737/00T000, Flanders · tallest building 5.8 m. Linked by address, not a title deed.
1 establishment unit
Eikelbosstraat 111, 3530 Houthalen-Helchteren
since 1985unit no. 2.026.457.781
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72014B0737/00T000 | Flanders | 2,026 m² | 1 · 183 m² | 5.8 m · 1 |
How the parcels are linked
Good to know
The parcel matches the address exactly.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het ontwerpen en tekenen van industriële machines; Aannemen en het uitbesteden van industriële machines; Fabricage van…” (deed in Dutch)
22 activities (deed in Dutch)
- Het ontwerpen en tekenen van industriële machines
- Aannemen en het uitbesteden van industriële machines
- Fabricage van:
- Pneumatische,hydraulische en drijfkrachtmachines
- Werktuigmachines vor metaalbewerking
- Gereedschap
- Werktuigmachines en machines vor het bewerken van hout,eboniet,kurk en been
- Textielmachines en tebehoren voor textielmachines
- Machines,testellen en uitrusting voor mijnbouw en aanverwante bedrijven
- Speciale uitrusting vor de metaal- en de diamantnijverheid
- Machines,testellen en uitrusting voor de voedings- en de tabaksnijverheid,voor de scheikundige nijverheid en de behandeling van water;voor de koeltechniek (met uitzondering van huishoudelijke toestellen)
- Installaties vor luchtregeling van landbouwmachines
- Machines,testellen en speciale uitrusting voor wasserijen en werkplaatsen voor het verven en ontvetten
- Niet-elektrische industrievens,van droogovens en van verbrandingsovens
- Machines,testellen en uitrusting voor de nijverheid van de niet-metaalhoudende delfstoffen
- Machines,testellen en uitrusting voor de papiernijverheid en de grafische kunst
- Machines,testellen en uitrusting voor de leder-,kleding- en confectienijverheid
- Materieel,vor burgerlijke bouwkunde
- Van hef- en transprttoestellen,weegtoestellen
- Stomketels en vaten onder druk,radarwerk,tandwielkasten en transmissieonderdelen
- Machines en testellen voor toepassing van de zuurstoffacetyleenvlam
- Elektrisch materieel vor de nijverheid
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Pell-Math
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, België of buitenland” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)“Alleen, jegens derden en in rechte als eiser of verweerder” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met WVV-vermeldingen” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, indien geen andere vereffenaar benoemd krachtens statuten” (deed in Dutch)