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METHODE ELECTRONICS BELGIUM

Active
Public limited companyfounded 198937 yrs activeRue Zénobe Gramme 9-11, 4710 Lontzen, BelgiumKBO/BCE: BE 0437.651.429
Summary

METHODE ELECTRONICS BELGIUM has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22.4m and a net result of €4.5m. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 79% of 192 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability91▼-2
Solvency100▲+12
Growth66▼-1
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,800,000 at 30 days acceptable
Liquidity ample (current ratio 4.62 against 2.5 in 2024; short-term debt: 16.3% and cash: 2.1% of total assets), and 23.1% 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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 37 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Manufacture of rubber and plastic products (NACE 22)
about 50% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
76.9%
Return on assets
15.4%
Age of the figures
17 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 03-05-2025 was due by 03-12-2025 and was filed on 30-11-2025, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
29 d early
2023
1 d early
2022
2 d early
2021
33 d early
2020
177 d late
2019
145 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 36 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 34% of the sector filed late.

Checked, nothing found (1)
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

History

METHODE ELECTRONICS BELGIUM was incorporated on 31 May 1989.1 Revenue grew from EUR 32 million in 2019 to EUR 37 million in 2025 and headcount from 109 to 99.4 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

Turnover
€36.9m▼ 3.3%
2024 · €38.2m
EBIT margin
15.8%▼ 1.0pp
2024 · 16.8%
Net result
€4.5m▼ 8.5%
2024 · €4.9m
Working capital
€17.2m▲ 39.7%
2024 · €12.3m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€28.4m▼ 4.2%€28.2m▼ 0.4%€34.1m▲ 20.7%€38.2m▲ 12.1%€36.9m▼ 3.3%
Operating result€3.4m▲ 18.1%€3.3m▼ 1.2%€4.2m▲ 25.4%€6.4m▲ 54.2%€5.8m▼ 9.1%
Net result€2.5mabove the sector's middle half▲ 20.5%€2.5mabove the sector's middle half▲ 0.6%€3.7mabove the sector's middle half▲ 48.8%€4.9mabove the sector's middle half▲ 32.7%€4.5mabove the sector's middle half▼ 8.5%
EBIT margin11.8%▲ 2.2pp11.7%▼ 0.1pp12.2%▲ 0.5pp16.8%▲ 4.6pp15.8%▼ 1.0pp
Equity€12.8mabove the sector's middle half▲ 23.3%€12.2mabove the sector's middle half▼ 4.5%€13.0mabove the sector's middle half▲ 6.2%€18.0mabove the sector's middle half▲ 39.0%€22.4mabove the sector's middle half▲ 24.2%
Total assets€22.3mwithin the sector's middle half▲ 9.0%€28.0mabove the sector's middle half▲ 25.7%€27.1mabove the sector's middle half▼ 3.2%€28.8mabove the sector's middle half▲ 6.3%€29.2mabove the sector's middle half▲ 1.1%
Debt€9.5m▼ 5.5%€15.8m▲ 66.6%€14.2m▼ 10.4%€10.8m▼ 23.7%€6.7m▼ 37.6%
Working capital€7.8mabove the sector's middle half▲ 70.7%€10.6mabove the sector's middle half▲ 36.7%€8.9mabove the sector's middle half▼ 16.0%€12.3mabove the sector's middle half▲ 38.0%€17.2mabove the sector's middle half▲ 39.7%
Solvency57.3%within the sector's middle half▲ 6.7pp43.6%within the sector's middle half▼ 13.8pp47.8%within the sector's middle half▲ 4.2pp62.5%within the sector's middle half▲ 14.7pp76.9%above the sector's middle half▲ 14.3pp
Current ratio1.98within the sector's middle half▲ 0.412.11within the sector's middle half▲ 0.131.90within the sector's middle half▼ 0.212.50within the sector's middle half▲ 0.604.62above the sector's middle half▲ 2.12
Return on assets (ROA)11.0%above the sector's middle half▲ 1.1pp8.8%within the sector's middle half▼ 2.2pp13.6%above the sector's middle half▲ 4.7pp17.0%above the sector's middle half▲ 3.4pp15.4%above the sector's middle half▼ 1.6pp
Staff (FTE)100.7above the sector's middle half▼ 5.3%100.1above the sector's middle half▼ 0.6%97.8above the sector's middle half▼ 2.3%97.4above the sector's middle half▼ 0.4%99.4above the sector's middle half▲ 2.1%
above within below the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€2.0m€4.0m€6.0mOperating result 2021: €3.4m€3.4mNet result 2021: €2.5m€2.5mOperating result 2022: €3.3m€3.3mNet result 2022: €2.5m€2.5mOperating result 2023: €4.2m€4.2mNet result 2023: €3.7m€3.7mOperating result 2024: €6.4m€6.4mNet result 2024: €4.9m€4.9mOperating result 2025: €5.8m€5.8mNet result 2025: €4.5m€4.5m20212022202320242025€0€2m€4m€6mOperating result 2023: €4.2m€4.2mNet result 2023: €3.7m€3.7mOperating result 2024: €6.4m€6.4mNet result 2024: €4.9m€4.9mOperating result 2025: €5.8m€5.8mNet result 2025: €4.5m€4.5m202320242025
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €29.2m
Fixed assets €7.2m ▼ 13.5%
Current assets €22.0m ▲ 7.0%
Equity and liabilities €29.2m
Equity €22.4m ▲ 24.2%
Provisions €6,097 ▼ 33.5%
Debt €6.7m ▼ 37.6%
Debt's share of the balance-sheet total falls from 37.5% to 23.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€7.0m▼
2024 · €7.5m
Cash flow
€5.7m▼
2024 · €5.9m
Quick ratio
3.82▲
2024 · 1.98
Debt to equity
0.30▼
2024 · 0.60
ROE
20.0%▼
2024 · 27.1%
Interest coverage
253.92▲
2024 · 75.76
Debt ≤ 1 year
€4.7m▼
2024 · €8.2m
Debt > 1 year
€1,618▼
2024 · €4,025
Income taxes
€1.5m▼
2024 · €1.7m
Staff costs
€6.6m▲
2024 · €6.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,577 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.1% went bankrupt
3.1% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 1,577 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 87 lines
Balance sheet Code20242025
Assets
Total assets20/58€28.8m€29.2m▲
Fixed assets21/28€8.3m€7.2m▼
Intangible fixed assets21€4,289€66▼
Tangible fixed assets22/27€8.3m€7.2m▼
Land and buildings22€1.8m€1.7m▼
Plant, machinery and equipment23€5.0m€4.5m▼
Furniture and vehicles24€97,985€166,101▲
Leasing and similar rights25€6,401€4,026▼
Other tangible fixed assets26€2,962€1,909▼
Assets under construction and advance payments27€1.3m€798,343▼
Financial fixed assets28€3,180€3,180=
Other financial fixed assets284/8€3,180€3,180=
Amounts receivable and cash guarantees285/8€3,180€3,180=
Current assets29/58€20.5m€22.0m▲
Amounts receivable after more than one year29€762,586€2.7m▲
Other amounts receivable291€762,586€2.7m▲
Stocks and contracts in progress3€4.3m€3.8m▼
Stocks30/36€3.0m€2.7m▼
Raw materials and consumables30/31€2.5m€2.2m▼
Finished goods33€504,946€528,896▲
Contracts in progress37€1.3m€1.1m▼
Amounts receivable within one year40/41€14.3m€14.1m▼
Trade receivables40€8.6m€8.2m▼
Other amounts receivable41€5.7m€5.9m▲
Cash at bank and in hand54/58€941,565€611,651▼
Deferred charges and accrued income490/1€295,928€748,267▲
Equity and liabilities
Total equity and liabilities10/49€28.8m€29.2m▲
Equity10/15€18.0m€22.4m▲
Contributions10/11€1.4m€1.4m=
Capital10€1.4m€1.4m=
Issued capital100€1.4m€1.4m=
Revaluation surpluses12€586,754€586,754=
Reserves13€15.6m€20.1m▲
Non-distributable reserves130/1€136,875€136,875=
Legal reserve130€136,875€136,875=
Tax-exempt reserves132€1.9m€18,290▼
Distributable reserves133€13.6m€19.9m▲
Investment grants15€485,093€379,605▼
Provisions and deferred taxes16€9,169€6,097▼
Deferred taxes168€9,169€6,097▼
Amounts payable17/49€10.8m€6.7m▼
Amounts payable after more than one year17€4,025€1,618▼
Financial debts170/4€4,025€1,618▼
Leasing and similar obligations172€4,025€1,618▼
Amounts payable within one year42/48€8.2m€4.7m▼
Current portion of amounts payable after more than one year42€3.5m€2,407▼
Trade debts44€3.1m€3.6m▲
Suppliers440/4€3.1m€3.6m▲
Taxes, remuneration and social security45€1.6m€1.2m▼
Taxes450/3€725,157€264,396▼
Remuneration and social security454/9€910,549€912,922▲
Accrued charges and deferred income492/3€2.6m€2.0m▼
Income statement Code20242025
Operating income70/76A€39.2m€37.4m▼
Turnover70€38.2m€36.9m▼
Change in stocks of work in progress, finished goods and contracts in progress71€476,083-€161,985▼
Other operating income74€511,087€629,773▲
Non-recurring operating income76A€1,653-
Operating charges60/66A€32.8m€31.6m▼
Goods for resale, raw materials and consumables60€19.8m€18.1m▼
Purchases600/8€19.8m€17.8m▼
Change in stocks: decrease (increase)609-€61,279€316,144▲
Services and other goods61€5.8m€5.7m▼
Remuneration, social security and pensions62€6.1m€6.6m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.0m€1.2m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€24,758-€35,147▼
Other operating charges640/8€28,966€24,671▼
Operating profit (loss)9901€6.4m€5.8m▼
Financial income75/76B€296,521€239,520▼
Recurring financial income75€296,521€239,520▼
Income from current assets751€34,603€76,058▲
Other financial income752/9€261,918€163,461▼
Financial charges65/66B€139,079€62,141▼
Recurring financial charges65€139,079€62,141▼
Debt charges650€98,360€27,568▼
Other financial charges652/9€40,719€34,573▼
Profit (loss) for the period before taxes9903€6.6m€6.0m▼
Transfer from deferred taxes780€3,073€3,073=
Income taxes67/77€1.7m€1.5m▼
Taxes670/3€1.7m€1.5m▼
Tax adjustments and reversals of tax provisions77-€1,758
Profit (loss) for the period9904€4.9m€4.5m▼
Transfer from tax-exempt reserves789€9,218€1.9m▲
Profit (loss) for the period to be appropriated9905€4.9m€6.3m▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.9m€6.3m▲
Transfer to equity691/2€4.9m€6.3m▲
To other reserves6921€4.9m€6.3m▲
Social balance
Average headcount (FTE)908797.499.4▲

The notes to these accounts (75 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A-€26.7m€33.1m€39.2m€37.4m▼ 4.6%
Turnover70€28.4m€28.2m€34.1m€38.2m€36.9m▼ 3.3%
Change in stocks of work in progress, finished goods and contracts in progress71--€1.9m-€2.1m€476,083-€161,985▼ 134%
Other operating income74-€349,542€1.1m€511,087€629,773▲ 23.2%
Non-recurring operating income76A-€55,385-€1,653--
Operating charges60/66A-€23.4m€28.9m€32.8m€31.6m▼ 3.7%
Goods for resale, raw materials and consumables60-€11.2m€15.5m€19.8m€18.1m▼ 8.5%
Purchases600/8-€11.6m€15.8m€19.8m€17.8m▼ 10.3%
Change in stocks: decrease (increase)609--€350,520-€292,859-€61,279€316,144▲ 616%
Services and other goods61-€5.0m€6.3m€5.8m€5.7m▼ 0.6%
Remuneration, social security and pensions62-€5.3m€6.0m€6.1m€6.6m▲ 7.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.9m€1.6m€1.1m€1.0m€1.2m▲ 12.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€172,290-€64,196€24,758-€35,147▼ 242%
Other operating charges640/8-€26,052€25,739€28,966€24,671▼ 14.8%
Operating profit (loss)9901€3.4m€3.3m€4.2m€6.4m€5.8m▼ 9.1%
Financial income75/76B-€191,822€773,298€296,521€239,520▼ 19.2%
Recurring financial income75€126,206€191,822€773,298€296,521€239,520▼ 19.2%
Income from current assets751-€69,513€80,875€34,603€76,058▲ 120%
Other financial income752/9-€122,309€692,423€261,918€163,461▼ 37.6%
Financial charges65/66B-€171,996€175,506€139,079€62,141▼ 55.3%
Recurring financial charges65€140,303€171,996€175,506€139,079€62,141▼ 55.3%
Debt charges650€58,431€110,867€136,117€98,360€27,568▼ 72.0%
Other financial charges652/9-€61,129€39,389€40,719€34,573▼ 15.1%
Profit (loss) for the period before taxes9903€3.3m€3.3m€4.7m€6.6m€6.0m▼ 8.6%
Transfer from deferred taxes780-€11,666€3,461€3,073€3,073=
Income taxes67/77€904,989€865,082€1.1m€1.7m€1.5m▼ 8.8%
Taxes670/3-€865,082€1.1m€1.7m€1.5m▼ 8.7%
Tax adjustments and reversals of tax provisions77----€1,758-
Profit (loss) for the period9904€2.5m€2.5m€3.7m€4.9m€4.5m▼ 8.5%
Transfer from tax-exempt reserves789-€627,099€10,382€9,218€1.9m▲ 20,108%
Profit (loss) for the period to be appropriated9905€1.5m€3.1m€3.7m€4.9m€6.3m▲ 29.3%
Line20212022202320242025Change
Assets
Total assets20/58€22.3m€28.0m€27.1m€28.8m€29.2m▲ 1.1%
Fixed assets21/28€6.6m€7.9m€8.3m€8.3m€7.2m▼ 13.5%
Intangible fixed assets21€97,325€61,239€22,972€4,289€66▼ 98.5%
Tangible fixed assets22/27€6.5m€7.8m€8.3m€8.3m€7.2m▼ 13.5%
Land and buildings22-€2.0m€1.9m€1.8m€1.7m▼ 6.7%
Plant, machinery and equipment23-€3.0m€4.5m€5.0m€4.5m▼ 10.4%
Furniture and vehicles24-€99,954€85,399€97,985€166,101▲ 69.5%
Leasing and similar rights25-€91,185€13,846€6,401€4,026▼ 37.1%
Other tangible fixed assets26-€5,069€4,016€2,962€1,909▼ 35.6%
Assets under construction and advance payments27-€2.6m€1.8m€1.3m€798,343▼ 40.3%
Financial fixed assets28€5,880€3,180€3,180€3,180€3,180=
Other financial fixed assets284/8-€3,180€3,180€3,180€3,180=
Amounts receivable and cash guarantees285/8-€3,180€3,180€3,180€3,180=
Current assets29/58€15.7m€20.2m€18.8m€20.5m€22.0m▲ 7.0%
Amounts receivable after more than one year29-€4.3m€1.1m€762,586€2.7m▲ 257%
Other amounts receivable291-€4.3m€1.1m€762,586€2.7m▲ 257%
Stocks and contracts in progress3€2.5m€5.5m€3.7m€4.3m€3.8m▼ 10.4%
Stocks30/36-€2.6m€2.7m€3.0m€2.7m▼ 8.6%
Raw materials and consumables30/31-€2.1m€2.4m€2.5m€2.2m▼ 11.3%
Finished goods33-€485,306€220,439€504,946€528,896▲ 4.7%
Contracts in progress37-€2.9m€1.1m€1.3m€1.1m▼ 14.7%
Amounts receivable within one year40/41€6.6m€6.6m€11.2m€14.3m€14.1m▼ 1.5%
Trade receivables40-€5.8m€9.5m€8.6m€8.2m▼ 4.3%
Other amounts receivable41-€869,247€1.7m€5.7m€5.9m▲ 2.9%
Cash at bank and in hand54/58€817,581€3.5m€2.2m€941,565€611,651▼ 35.0%
Deferred charges and accrued income490/1-€213,788€625,371€295,928€748,267▲ 153%
Equity and liabilities
Total equity and liabilities10/49€22.3m€28.0m€27.1m€28.8m€29.2m▲ 1.1%
Equity10/15€12.8m€12.2m€13.0m€18.0m€22.4m▲ 24.2%
Contributions10/11€1.4m€1.4m€1.4m€1.4m€1.4m=
Capital10-€1.4m€1.4m€1.4m€1.4m=
Issued capital100-€1.4m€1.4m€1.4m€1.4m=
Revaluation surpluses12-€586,754€586,754€586,754€586,754=
Reserves13€10.5m€10.0m€10.7m€15.6m€20.1m▲ 28.7%
Non-distributable reserves130/1-€136,875€136,875€136,875€136,875=
Legal reserve130-€136,875€136,875€136,875€136,875=
Tax-exempt reserves132-€1.9m€1.9m€1.9m€18,290▼ 99.0%
Distributable reserves133-€8.0m€8.7m€13.6m€19.9m▲ 46.7%
Profit (loss) carried forward14€4.6m-----
Investment grants15-€249,379€320,252€485,093€379,605▼ 21.7%
Provisions and deferred taxes16€27,369€15,703€12,242€9,169€6,097▼ 33.5%
Deferred taxes168-€15,703€12,242€9,169€6,097▼ 33.5%
Amounts payable17/49€9.5m€15.8m€14.2m€10.8m€6.7m▼ 37.6%
Amounts payable after more than one year17€976,043€5.5m€3.5m€4,025€1,618▼ 59.8%
Financial debts170/4-€5.5m€3.5m€4,025€1,618▼ 59.8%
Leasing and similar obligations172-€17,709€6,407€4,025€1,618▼ 59.8%
Other loans174-€5.5m€3.5m---
Amounts payable within one year42/48€7.9m€9.5m€9.9m€8.2m€4.7m▼ 42.1%
Current portion of amounts payable after more than one year42-€2.1m€2.0m€3.5m€2,407▼ 99.9%
Trade debts44€4.6m€3.2m€3.5m€3.1m€3.6m▲ 16.3%
Suppliers440/4-€3.2m€3.5m€3.1m€3.6m▲ 16.3%
Taxes, remuneration and social security45-€1.2m€1.4m€1.6m€1.2m▼ 28.0%
Taxes450/3-€135,007€303,140€725,157€264,396▼ 63.5%
Remuneration and social security454/9-€1.0m€1.1m€910,549€912,922▲ 0.3%
Other amounts payable47/48-€3.0m€3.0m---
Accrued charges and deferred income492/3-€754,855€738,341€2.6m€2.0m▼ 23.3%
Line20212022202320242025Change
Profit (loss) for the period9904€2.5m€2.5m€3.7m€4.9m€4.5m▼ 8.5%
+ Depreciation and write-downs630€1.9m€1.6m€1.1m€1.0m€1.2m▲ 12.5%
Operating cash flow (approximation)€4.3m€4.1m€4.7m€5.9m€5.7m▼ 4.8%
Investment in fixed assets (approximation)--€2.9m-€1.5m-€1.1m-€52,116▲ 95.1%
Change in cash-€2.7m-€1.4m-€1.2m-€329,914▲ 73.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
12-06
State Gazette act Capital & shares · Purpose · Resignations & appointments · Restructuring
Resignations: Jonathan DE GAYNOR (director) and Laura KOWALCHYK (director) · Merger · Share issue20 facts ▸
  • General meeting, assemblée générale
  • Merger, absorption, transfert de l'intégralité de son patrimoine (activement et passivement)
  • Share issue, A, 2877
  • Capital increase, €1.000.000
  • Shareholding, 02-05-2026, A
  • Partner, Marc GENSTERBLUM (représentant de l'actionnaire unique de la société absorbée et de la société absorbée elle même)
  • Dissolution, 08-05-2026
  • Transfer of a branch of activity or universality, universality, article 12:15 du Code des sociétés et des associations
  • Other statement, état du fonds de commerce, quitte et libre de toutes dettes et charges privilégiées
  • Capital increase, €1.000.000
  • Auditor report, 07-05-2026
  • Other statement, Dépôt des rapports, Les deux rapports (commissaire et spécial) seront déposés au greffe du Tribunal de l'entreprise compétent avec une expédition du procès-verb…
  • +8 further facts in this act
10-06
State Gazette act Capital & shares · Purpose · Statutes amendment · Restructuring
Merger · Accounting effect · Capital increase26 facts ▸
  • General meeting, 08-05-2026
  • Other statement, projet de fusion visé dans l'exposé préalable et autres documents visés par la loi, dispense de lecture du projet de fusion
  • Other statement, formalités préalables accomplies, correctement accomplies
  • Other statement, régime légal applicable, articles 12:50 à 12:58
  • Merger, absorption par transfert de l'intégralité du patrimoine activement et passivement, unanimité des voix
  • Accounting effect, 03-05-2026
  • Capital increase, €62.000
  • Purpose change
  • General meeting, 08-05-2026
  • Dissolution, sans mise en liquidation, merger
  • Power of attorney, Marc Gensterblum
  • Other statement, effectivité de la dissolution et des pouvoirs délégués, acceptation de la fusion par absorption par l'assemblée générale de la société absorbante
  • +14 further facts in this act
2025
30-11
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2024
29-10
NBB filing Annual accounts filed
fiscal year 2024 · full schema
27-04
Financial Highest result since 2019net €4.9m ▲32.7%
Operating result €6.4m, net result €4.9m, both a record.
2023
28-11
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2022
28-11
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2021
29-10
NBB filing Annual accounts filed
fiscal year 2021 · full schema
28-05
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 177 days late
2020
02-05
Financial Equity above €10mEq €10.4m ▲23.2%
2 profitable years in a row build equity to €10.4m.
20-04
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 145 days late
2018
28-11
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2017
27-10
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
14-11
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 14 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 28 acts read
About the unread acts

Of the 28 Belgian State Gazette acts we know for this company, 2 have been read. The other 26 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
no sitting director, last change in 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Not every act has been read: a resignation may be missing here
26 of this company's 28 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Lontzen · 1 establishment unit since 1989
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue Zénobe Gramme 9-114710 Lontzen
1 establishment unit
Rue Zénobe Gramme 9-11, 4710 Lontzen
Manufacture of fabricated metal products, except machinery and equipment
since 19892.043.985.582

Mandate history

2 people since 2026, 0 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Jonathan DE GAYNOR
  • Director, until 12-06-2026
Laura KOWALCHYK
  • Director, until 12-06-2026
See the board, name and seat on a given date →

Articles of association

Purpose
Participations en qualité d'associée dans d'autres sociétés; Acquisition, conservation et revente de valeurs mobilières; Activités de holdings (coordination de services, mise à…
Full purpose (9 activities)
  1. Participations en qualité d'associée dans d'autres sociétés
  2. Acquisition, conservation et revente de valeurs mobilières
  3. Activités de holdings (coordination de services, mise à disposition de personnel, octroi de prêts et de garanties)
  4. Conception, réalisation et production de pièces en matière plastique
  5. Opérations foncières et immobilières (achat, construction, reconstruction, démolition, transformation, location)
  6. Étude, conseil, consultation, expertise, ingénierie, assistance au management, services en ressources humaines et environnement
  7. Actes et opérations industriels, commerciaux, financiers, mobilières ou immobilières se rapportant à l'objet social
  8. Mandat d'administrateur, de gérant ou de liquidateur
  9. Constitution d'hypothèque ou sûreté réelle, cautionnement
Accounting effect
Other statement
Sûretés non affectées par la fusion, Les sûretés réelles et personnelles, légales ou conventionnelles qui en sont l'accessoire ne sont pas affectées par la prés…
Litiges et actions, Les litiges et actions généralement quelconques, judiciaires ou non, tant en demandant qu'en défendant, seront suivis par la société bénéfic…
Responsabilité du commissaire relative à l'émission d'actions, Formuler une conclusion sur la fidélité et suffisance des données comptables et financières du ra…
07-05-2026
4 more provisions on this in the deed

Structure & network

Owners and holdings

1 owner

Chain of control

  1. METHODE ELECTRONICS, INC.US ultimately, LEI
  2. METHODE ELECTRONICS BELGIUIM 100%
  3. METHODE ELECTRONICS BELGIUM

Highest known parent: METHODE ELECTRONICS, INC. (United States). The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

5493006XNYMP7C6U3T16
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 371 companies in sector 22210 we hold annual accounts for 294. 82 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded31-05-1989
Fiscal year end03-05
Legal name DE PROCOPLAST
Activities, NACEBEL 2025
22210Manufacture of rubber and plastic products
22260Manufacture of rubber and plastic products
E-invoicing
Reachable via Peppol
Peppol ID 0208:0437651429
Also 9925:BE0437651429
Registered 03-02-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.