Financials
- Fiscal year
- 2025
- Total assets
- €1.0m
- Profit
- €41,878
- Solvency
- 27.4%
Total assets▲ 0.7%
Net result
20182025
Tormeco
ActiveSummary
Tormeco has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €278,183 and a net result of €41,878. Equity is growing by ~27.3% per year across the filed fiscal years. Its solvency ranks better than 31% of 1941 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Overview
What they do
Manufacture of metal structures and parts of structures
NACE 25110Manufacture of machinery and equipment not elsewhere classified NACE 28110
1 site
How big
€1.0mtotal assets 2025
- Equity
- €278,183
- Profit
- €41,878
Turnover not published (abridged schema)
Who decides
Accounts filed 27 d late0 of 1 deed read
Why 71- Higher-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability74▼-1
Solvency52▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
Liquidity ample (current ratio 4.02 against 10.59 in 2024; short-term debt: 2.3% and cash: 8.4% of total assets), but 72.6% of the assets are financed with debt.
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Signals
Four 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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
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 2025Solvency, return and age of the figures
Solvency
27.4%
Return on assets
4.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
28 d late
2023
26 d late
2022
13 d early
2021
29 d late
2020
94 d early
2019
3 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 1 day after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Liquidity times 15current ratio 10.59
Key points
By topic
Timeline
- Events
- 16
- Since
- 2017
- Next accounts
- by 31-07-2027
- 27-08-2026Annual accounts filed
- 28-08-2025Annual accounts filed
- 31-12-2024Liquidity times 15
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Manufacture of metal structures and parts of structuresNACE 25110
- Founded
- 01-01-1968
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
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