Equity
€309,915 from €6.0m in 2018
Equity fell by 95% in 7 years.
MACHINEBOUW QUAEGEBEUR
Lifetime
19 annual accounts with figures on one time axis, 47 filings since 1978peak €1.5m (2008)
-€14,332▼ €32,035
lowest -€201,039 (2019)
-€47,807▼ €40,393
peak €6.0m (2018)
€309,915▼ 42.4%
€298,916▲ 12×
peak 17 FTE (2007)
-not published
Board7 names since 2020
7 directorsEddy Quaegebeur and 6 others
Owners
98.86%QUAEGEBEUR ENGINEERING
Documentsfilings and deeds
12-02-202612 days late
2025abbreviated format
Gross margin from €17,702 to -€14,332Loss of €47,807Equity from €537,722 to €309,915Debts from €24,602 to €298,916Cash from €131,875 to €449,580
Key points
from the 2025 annual accountsLosses
-€71,830 in three years
Every financial year from 2023 to 2025 closed with a loss. 2025 was the heaviest.
Liquidity
1.61 was 40.51 in 2024
Short-term debts rose from €9,964 to €280,445.
Filings
47 annual accounts since 1978
Three of the last ten came late. The 2021 accounts came latest: 14 days after the end of the period.
At the same address
5 companies
Position in the sector
-€47,807
Lower net result than 90% of companies in fabricated metal products. Sector median €43,813 · 1,245 companies.
Turnover not published (abbreviated format)
Checked score
89
Excellent
Financially stronger than 39% of micro companies in fabricated metal products (NACE 25)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 3,710 companies (NACE 25, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024highest value
02-2025: 0.1%▼ -0.1 percentage points vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: < 0.1%▼ -0.1 percentage points vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged 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%▲ +0.1 percentage points vs 01-2026
03-2026: 0.2%▲ +0.1 percentage points 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: 0.1%▼ -0.1 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Loss of €47,807, the second in a row (financial year 2025)
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
lowers risk
Liquidity: current ratio 1.61, cash €449,580
Size: total assets €608,832
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 25, micro). It does better than 55% of them on solvency, 77% on liquidity, 13% on profitability and 9% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 8,617 companies had the same profile as MACHINEBOUW QUAEGEBEUR has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MACHINEBOUW QUAEGEBEUR itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for MACHINEBOUW QUAEGEBEUR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.61 (40.51 in 2024), above the usual 1.5. Short-term debt is 46.1% and cash 73.8% of total assets. 49.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€47,807
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-02-2026, 12 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
12 days late
2024
21 days early
2023
23 days early
2022
8 days early
2021
14 days late
2020
2 days early
2019
on the day
← 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 4 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 23 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end09-11-2026 today31-01-2027 deadline
Board and ownership
and 1 other
- QUAEGEBEUR ENGINEERING 98.86%score 94equity €1.1m (2025) · 2025 annual accounts of QUAEGEBEUR ENGINEERING
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0418059508
3 directors reappointed
QUAEGEBEUR Rudy Modest, QUAEGEBEUR Eddy Jozef and QUAEGEBEUR Franky Willy · General meeting of 10-11-2023 · Gazette deed
Registered office moved from Izegem to Roeselare
New registered office: Sint-Blasiusstraat 36 bus 21 te 8800 Roeselare (Rumbeke) · Previous registered office: Gapaardstraat 9, 8870 Izegem · Gazette deed
4 directors reappointed
Rudy Quaegebeur (managing director), Eddy Quaegebeur, Franky Quaegebeur and Quaegebeur Engineering · Permanent representative: Rudy Quaegebeur · General meeting of 18-12-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MACHINEBOUW QUAEGEBEUR Roeselare | €0.6m | -€14,332 | 50.9% | - |
| ENTREPRISE ALAIN COLLA Houffalize | €0.6m | -€15,543 | 5.2% | - |
| LIEBAERT STAALBOUW Houthalen-Helchteren | €0.4m | -€5,488 | 99.8% | - |
| MOKER Boom | €0.4m | €774 | 93.8% | - |
| DEFLANDRE INDUSTRIAL'S Stoumont | €0.6m | -€8,769 | 72.4% | - |
| DYWIDAG SYSTEMS INTERNATIONAL Brussels | €1.1m | -€25,152 | 85.5% | - |
| DBS Londerzeel | €0.8m | -€24,040 | 47.9% | - |
These companies have the same main activity as MACHINEBOUW QUAEGEBEUR: manufacture of metal structures and parts of structures (NACE 25110). They are comparable in size and age: total assets between €412,000 and €1.1m, founded between 1979 and 1992.
Official details
Source: KBO- Status
- Active since 11-03-1978Normal situation
- Activity
- Manufacture of metal structures and parts of structuresNACE 25110and 1 other
- Joint committees
- 111Metal, mechanical and electrical engineering
- 209White-collar workers in metal manufacturing · annual accounts 30-06-2025
- Establishment unit
- 2.014.692.9688800 Roeselare, since 01-04-1978
- Financial year end
- 30 June
- Peppol
- Reachable since 10-10-2025
Insights on MACHINEBOUW QUAEGEBEUR
MACHINEBOUW QUAEGEBEUR files the abbreviated format. That format states no turnover. The gross margin fell from €1.4m in 2007 to -€14,332 in 2025.
QUAEGEBEUR ENGINEERING holds 98.86% of the shares. In March 2022, the Official Gazette published the appointment of Rudy Quaegebeur as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MACHINEBOUW QUAEGEBEUR
- What is the company number of MACHINEBOUW QUAEGEBEUR?
- The company number of MACHINEBOUW QUAEGEBEUR is 0418.059.508. The VAT number is the same number with BE in front: BE 0418.059.508.
- Where is MACHINEBOUW QUAEGEBEUR based?
- The registered office is at Sint-Blasiusstraat 36, 8800 Roeselare.Company details
- What does MACHINEBOUW QUAEGEBEUR do?
- According to the KBO register, the main activity is manufacture of metal structures and parts of structures (NACE 25110).
- What is the legal form of MACHINEBOUW QUAEGEBEUR?
- MACHINEBOUW QUAEGEBEUR is a public limited company (NV).
- When was MACHINEBOUW QUAEGEBEUR founded?
- MACHINEBOUW QUAEGEBEUR was founded on 11-03-1978.
- Is MACHINEBOUW QUAEGEBEUR still active?
- Yes, MACHINEBOUW QUAEGEBEUR is an active enterprise in the KBO register.
- Which joint committee does MACHINEBOUW QUAEGEBEUR fall under?
- In its 30-06-2025 annual accounts, MACHINEBOUW QUAEGEBEUR states joint committees 111 (Metal, mechanical and electrical engineering) and 209 (White-collar workers in metal manufacturing).
- What is the turnover of MACHINEBOUW QUAEGEBEUR?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is MACHINEBOUW QUAEGEBEUR profitable?
- In financial year 2025, MACHINEBOUW QUAEGEBEUR made a loss of €47,807.
- Where can I find the annual accounts of MACHINEBOUW QUAEGEBEUR?
- MACHINEBOUW QUAEGEBEUR filed 47 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MACHINEBOUW QUAEGEBEUR due?
- MACHINEBOUW QUAEGEBEUR must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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