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ALMECO

Active
Public limited companyfounded 1974active for 52 yearsRoyennestraat 51, 7700 Mouscron, BelgiumKBO/BCE: BE 0414.262.254
Summary

ALMECO has been active since 1974 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €251. Equity has been growing by about 2.7% per year since 2018. Its solvency ranks better than 49% of 384 sector peers (NACE 28, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 01-05-1974 Normal situation
Activity
Manufacture of machinery and equipment not elsewhere classified NACE 28250and 4 others
Joint committees
111 Paritair Comité voor de metaal-, machine- en elektrische bouw
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 2025
Establishment unit
2.102.708.986 7700 Mouscron, since 02-02-2000
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • Axis BVDirector · since 08-03-2021
Shareholders
  • AXON· score 882025 annual accounts of AXON

Financial position

83 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€2.1m
▲ 1.8%
Turnover
≈ €3.6m
estimated
Profit
€251
▼ 99.4%
Equity
€1.4m
▼ 0.6%
Total assets
€3.3m
▼ 3.6%
Employees on 31-12-2025
26
▼ 13.3%
Score breakdownraises riskLiquidity: current ratio 1.70, cash €243,867Size: 27.8 FTE, total assets €3.3mSector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)lowers riskFigures for financial year 2025 (filed on 28-07-2026)Show the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 32% of small companies in machinery and equipment (NACE 28)
Financial strength · tick: 2024
Average
Solvency 66+2
equity 40.6% of total assets
Liquidity 31+8
short-term debt 55.5% · cash 7.3%
Profitability 44=
return on assets 0.0%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (291 companies, NACE 28, small)
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 02-2025lowest value 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: 0.2%▲ +0.1 percentage points vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.7%▲ +0.3 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.6%▼ -0.1 percentage points vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026highest value 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.3%▼ -0.4 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.7 (1.68 in 2024), above the usual 1.5. Short-term debt is 55.5% and cash 7.3% of total assets. However, 59.4% 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 28, small). It does better than 46% of them on solvency, 25% on liquidity, 24% on profitability and 32% on growth.

The bankruptcy probability was computed on 02-11-2026 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 1.70, cash €243,867
NBB · annual accounts
raises risk · Size: 27.8 FTE, total assets €3.3m
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Manufacture of machinery and equipment not elsewhere classified (NACE 28)
KBO
lowers risk · Figures for financial year 2025 (filed on 28-07-2026)
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
18 days late
2023
30 days late
2022
31 days late
2021
3 days late
2020
3 days early
2019
21 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 8 days after the deadline. In the sector (NACE 28), the median for financial year 2024 was 11 days before the deadline, and 32% 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 18 August (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
03-11-2026 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: 4th fastest staff growth in Hainaut, Machinery and equipment sectorin the Checked rankings No. 4 View
  • Positive: 8 profitable years in a rowprofit 2025: €251 8 years View

Recent changes

  1. · Gazette deed Demerger: ALMECO splits off to AXIM BVCapital decrease of €55,452.36 to €142,240.51
  2. · Gazette deed Demerger: ALMECO splits off to AXIMCapital decrease of €55,452.36 to €145,240.51
  3. · Gazette deed Demerger proposal: Almeco splits off to AXIM BVPermanent representative: DE CLERCQ Francis
All 16 events

Comparable companies

These companies have the same main activity as ALMECO: manufacture of machinery and equipment not elsewhere classified (NACE 28250). They are comparable in size and age: total assets between €2.5m and €5.2m, founded between 1970 and 1989.

CompanyTotal assetsGross margin
ALMECO Mouscron€3.3m€2.1m
Ateliers Somville Aiseau-Presles€2.5m€2.0m
OPTIMA-COOL Aalter€3.0m€2.9m
POLYCOOL Meise€3.6m€2.0m
H.V.A. - KOELING Genk€5.2m€2.0m
HAQUENNE-S.C.S.I. Gesves€4.6m€2.8m
De Kobra Opwijk€4.7m€3.9m
Full comparison

Key facts about ALMECO

What is the company number of ALMECO?
The company number of ALMECO is 0414.262.254. The VAT number is the same number with BE in front: BE 0414.262.254.
Where is ALMECO based?
The registered office is at Royennestraat 51, 7700 Mouscron.Company details
What does ALMECO do?
According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28250).
What is the legal form of ALMECO?
The legal form of ALMECO is Public limited company (NV).
When was ALMECO founded?
ALMECO was founded on 01-05-1974.
Is ALMECO still active?
Yes, ALMECO is an active enterprise in the KBO register.
How many employees does ALMECO have?
ALMECO had an average of 27.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ALMECO fall under?
In its 2025 annual accounts, ALMECO states joint committees 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw) and 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid).
What is the turnover of ALMECO?
The turnover in financial year 2025 is ≈ €3.6m. This figure is estimated from the gross margin of €2.1m and 1,584 comparable companies of the same size. It probably lies between €2.4m and €5.9m. It is a rough estimate.
Is ALMECO profitable?
In financial year 2025, ALMECO made a profit of €251.
Where can I find the annual accounts of ALMECO?
ALMECO filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ALMECO due?
ALMECO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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