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Scierie Mahy

Active
Private limited companyfounded 1994active for 32 yearsRue du Moulin,Chanly 85, 6921 Wellin, BelgiumKBO/BCE: BE 0452.846.181
Summary

Scierie Mahy has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €295,281 and a net result of €23,788. Equity has been growing by about 3.8% per year since 2018. Its solvency ranks better than 95% of 660 sector peers (NACE 16, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 29-06-1994 Normal situation
Activity
Sawmilling and planing of wood NACE 16110
Establishment unit
2.067.405.837 6921 Wellin, since 01-07-1994
Financial year end
31 December
Peppol
Reachable since 03-12-2025

Board and ownership

Board
Shareholders
  • arlette lamproyeannual accounts 2017
  • michel mahyannual accounts 2017

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€75,774
▼ 4.0%
Turnover
≈ €230,000
estimated
Profit
€23,788
▼ 6.4%
Equity
€295,281
▼ 10.1%
Total assets
€316,520
▼ 8.5%
Employees on 31-12-2025
1
Filed on 27-04-2026, 95 days before the deadline
Score breakdownraises riskSector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)lowers riskLiquidity: current ratio 14.59, cash €226,547Equity €295,281 (93.3% of total assets)Founded in 1994Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 69% of micro companies in wood and cork (NACE 16)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 93.3% of total assets
Liquidity 100=
short-term debt 6.7% · cash 71.6%
Profitability 78=
return on assets 7.5%
Bankruptcy probability within 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).

Sector median 0.5% (1,032 companies, NACE 16, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged 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 06-2025highest 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 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged 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 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 14.59 (19.22 in 2024), above the usual 1.5. Short-term debt is 6.7% and cash 71.6% of total assets. 6.7% 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 16, micro). It does better than 90% of them on solvency, 98% on liquidity, 66% on profitability and 23% on growth.

The bankruptcy probability was computed on 01-11-2026 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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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 14.59, cash €226,547
NBB · annual accounts
lowers risk · Equity €295,281 (93.3% of total assets)
NBB · annual accounts
raises risk · Sector: Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials (NACE 16)
KBO
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 27-04-2026, 95 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
95 days early
2024
1 day early
2023
21 days early
2022
14 days early
2021
62 days early
2020
5 days late
2019
31 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 31 days before the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% 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 11 July (4 of the last 5 accounts filed within 42 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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: Higher solvency than 95% of companies in wood and corksector median 40.7% · 660 companies 93.3% View
  • Positive: 8 profitable years in a rowprofit 2025: €23,788 8 years View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Company renamed to Scierie MAHYChange of role: Michel MAHY, from manager to administrateur non statutaire
  2. · Gazette deed Resignations & appointments
  3. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as Scierie Mahy: sawmilling and planing of wood (NACE 16110). They are comparable in size and age: total assets between €197,000 and €503,000, founded between 1988 and 2003.

CompanyTotal assetsGross margin
Scierie Mahy Wellin€316,520€75,774
SCIERIE FINFE Manhay€289,839€49,747
HOUTZAGERIJ DE CONINCK Aalst€210,045€67,697
RONDHO Meerhout€409,796€66,504
HOLZWELTEN – Schreinerei Faymonville Büllingen€332,880€77,783
HOUTZAGERIJ CHLARIE Wevelgem€196,938€111,584
VAN ZESSEN Waasmunster€503,364€49,867
Full comparison

Key facts about Scierie Mahy

What is the company number of Scierie Mahy?
The company number of Scierie Mahy is 0452.846.181. The VAT number is the same number with BE in front: BE 0452.846.181.
Where is Scierie Mahy based?
The registered office is at Rue du Moulin,Chanly 85, 6921 Wellin.Company details
What does Scierie Mahy do?
According to the KBO register, the main activity is sawmilling and planing of wood (NACE 16110).
What is the legal form of Scierie Mahy?
The legal form of Scierie Mahy is Private limited company (BV).
When was Scierie Mahy founded?
Scierie Mahy was founded on 29-06-1994.
Is Scierie Mahy still active?
Yes, Scierie Mahy is an active enterprise in the KBO register.
How many employees does Scierie Mahy have?
Scierie Mahy had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Scierie Mahy?
The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €75,774 and 2,678 comparable companies of the same size. It probably lies between €150,000 and €390,000. It is a rough estimate.
Is Scierie Mahy profitable?
In financial year 2025, Scierie Mahy made a profit of €23,788.
Where can I find the annual accounts of Scierie Mahy?
Scierie Mahy filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Scierie Mahy due?
Scierie Mahy must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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