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PUNCH METALS

Active
Public limited companyfounded 1997active for 29 yearsNobelstraat 2, 3930 Hamont-Achel, BelgiumKBO/BCE: BE 0461.823.334
Summary

PUNCH METALS has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.0m and a net result of €311,456, of which €4.0m non-recurring income. Equity has been stable since 2018 (±0.9% per year). Its solvency ranks better than 62% of 95 sector peers (NACE 29, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 03-11-1997 Normal situation
Activity
Manufacture of motor vehicles, trailers and semi-trailers NACE 29320and 4 others
Joint committees
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid
111 Paritair Comité voor de metaal-, machine- en elektrische bouw · annual accounts 2025
Establishment unit
2.084.330.951 3930 Hamont-Achel, since 27-11-1997
Financial year end
31 December
Peppol
Reachable since 21-05-2025

Board and ownership

Board
  • Fors bvDirector · since 24-06-2021
  • P.T.A.-Consulting bvDirector · since 24-06-2021
Auditor
VGD Bedrijfsrevisoren BV
Shareholders

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Turnover
€17.2m
▼ 19.1%
Profit
€311,456
Equity
€9.0m
▲ 3.6%
Total assets
€18.3m
▼ 9.4%
Employees on 31-12-2025
118
▼ 2.5%
Score breakdownraises riskLiquidity: current ratio 0.96, cash €627,605Size: turnover €17.2m, 108.1 FTE, total assets €18.3mlowers riskFounded in 1997Equity €9.0m (49.2% of total assets)Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 58% of companies in motor vehicles (NACE 29)
Financial strength · tick: 2024
Strong
Solvency 74+6
equity 49.2% of total assets
Liquidity 43+1
short-term debt 28.5% · cash 3.4%
Profitability 62+31
return on assets 1.7%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (27 companies, NACE 29, medium-sized)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025lowest value 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: 0.3%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €800,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.96 (0.99 in 2024), below 1. Short-term debt is 28.5% and cash 3.4% of total assets. 50.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 29). It does better than 68% of them on solvency, 73% on liquidity, 57% on profitability and 36% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.96, cash €627,605
NBB · annual accounts
raises risk · Size: turnover €17.2m, 108.1 FTE, total assets €18.3m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1997
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €9.0m (49.2% of total assets)
NBB · annual accounts
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
28 days early
2023
36 days early
2022
35 days early
2021
30 days early
2020
30 days early
2019
35 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 32 days before the deadline. In the sector (NACE 29), the median for financial year 2024 was 6 days before the deadline, and 36% 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 29 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €580,438 in 2024 €311,456 View
  • Positive: 5th largest employer in Limburg, Motor vehicles sectorin the Checked rankings No. 5 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Flemish supportawarded from 2022 to 2025 €650,191 View

Recent changes

  1. · Gazette deed Reappointment: VGD Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Peter Vandenberk
  2. · Gazette deed Permanent representatives: Magdalena Xenos, Philip De Meyer and Raf Schildermans
  3. · Gazette deed Amendment of the articles · Miscellaneous
All 19 events

Comparable companies

These companies have the same main activity as PUNCH METALS: manufacture of motor vehicles, trailers and semi-trailers (NACE 29320). They are comparable in size and age: total assets between €12m and €26m, founded between 1988 and 2001.

CompanyTotal assetsTurnover
PUNCH METALS Hamont-Achel€18.3m€17.2m
MCSyncro Gent€14.4m€18.4m
H P PELZER Genk€24.7m€17.0m
Auria Solutions Belgium Grobbendonk€12.0m€27.3m
AXENTRA EU La Louvière€19.9m€22.6m
RÖCHLING AUTOMOTIVE GIJZEGEM Aalst€25.0m€20.5m
Snop Automotive Gent Gent€26.4m€9.9m
Full comparison

Key facts about PUNCH METALS

What is the company number of PUNCH METALS?
The company number of PUNCH METALS is 0461.823.334. The VAT number is the same number with BE in front: BE 0461.823.334.
Where is PUNCH METALS based?
The registered office is at Nobelstraat 2, 3930 Hamont-Achel.Company details
What does PUNCH METALS do?
According to the KBO register, the main activity is manufacture of motor vehicles, trailers and semi-trailers (NACE 29320).
What is the legal form of PUNCH METALS?
The legal form of PUNCH METALS is Public limited company (NV).
When was PUNCH METALS founded?
PUNCH METALS was founded on 03-11-1997.
Is PUNCH METALS still active?
Yes, PUNCH METALS is an active enterprise in the KBO register.
How many employees does PUNCH METALS have?
PUNCH METALS had an average of 108.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does PUNCH METALS fall under?
In its 2025 annual accounts, PUNCH METALS states joint committees 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid) and 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw).
What is the turnover of PUNCH METALS?
The turnover of PUNCH METALS was €17.2m in financial year 2025, according to the filed annual accounts.
Is PUNCH METALS profitable?
In financial year 2025, PUNCH METALS made a profit of €311,456.
Where can I find the annual accounts of PUNCH METALS?
PUNCH METALS filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of PUNCH METALS due?
PUNCH METALS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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