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CHIRURGICAL MAINTENANCE

Active
Private limited company (pre-2019)founded 199036 yrs activeRue des Semailles 17, 4400 Flémalle, BelgiumKBO/BCE: BE 0441.522.521

CHIRURGICAL MAINTENANCE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €778k and a net result of €292k. Equity is growing by ~3.1% per year across the filed fiscal years. Its solvency ranks better than 34% of 213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
66 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+4
Solvency54=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.3 in 2024; short-term debt: 66.9% and cash: 2% of total assets), and 70.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 36 years 0 40 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Sector 32
lower
← 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 2025
Solvency, return and age of the figures
Solvency
29.2%
Return on assets
11%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 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 filings
Deviation from the deadline
2025
29 d late
2024
11 d late
2023
6 d late
2022
7 d early
2021
5 d early
2020
24 d late
2019
12 d late
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€292k▼ 4.2%
2024 · €305k
2018: €133k 2019: €226k 2020: €313k 2021: €386k 2022: €199k 2023: €251k 2024: €305k
2018 → 2025
Working capital
€511k▲ 1.0%
2024 · €507k
2018: €175k 2019: €229k 2020: €464k 2021: €405k 2022: €350k 2023: €394k 2024: €507k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€669k-€700k▲ 4.5%€717k▲ 2.5%€739k▲ 3.1%€778k▲ 5.3%
Operating result€428k-€226k▼ 47.3%€302k▲ 33.9%€401k▲ 32.8%€363k▼ 9.5%
Net result€386k-€199k▼ 48.4%€251k▲ 26.0%€305k▲ 21.5%€292k▼ 4.2%
Result per fiscal year
Operating resultNet result
€0€200k€400kOperating result 2021: €428k€428kNet result 2021: €386k€386kOperating result 2022: €226k€226kNet result 2022: €199k€199kOperating result 2023: €302k€302kNet result 2023: €251k€251kOperating result 2024: €401k€401kNet result 2024: €305k€305kOperating result 2025: €363k€363kNet result 2025: €292k€292k20212022202320242025
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.66M
Fixed assets €369k▲ 4.1%
Current assets €2.29M▲ 3.6%
Equity and liabilities €2.66M
Equity €778k▲ 5.3%
Debt €1.88M▲ 3.0%
The debt ratio falls from 71.2% to 70.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€419k
2024 · €446k
Cash flow
€348k
2024 · €349k
Solvency
29.2%
2024 · 28.8%
Current ratio
1.29
2024 · 1.30
Quick ratio
1.05
2024 · 1.00
Debt / equity
2.42
2024 · 2.48
ROE
37.5%
2024 · 41.2%
ROA
11.0%
2024 · 11.9%
Interest coverage
6.41
2024 · 5.36
Debt
€1.88M
2024 · €1.83M
Debt ≤ 1 year
€1.78M
2024 · €1.71M
Debt > 1 year
€102k
2024 · €122k
Income taxes
€19k
2024 · €18k
Staff costs
€1.34M
2024 · €1.28M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€2.57M€2.66M
Fixed assets21/28€355k€369k
Tangible fixed assets22/27€355k€367k
Land and buildings22€62k€50k
Plant, machinery and equipment23€12k€10k
Furniture and vehicles24€40k€84k
Other tangible fixed assets26€241k€223k
Financial fixed assets28€37€3k
Current assets29/58€2.21M€2.29M
Stocks and contracts in progress3€502k€425k
Stocks30/36€502k€425k
Amounts receivable within one year40/41€1.66M€1.80M
Trade receivables40€955k€1.05M
Other amounts receivable41€700k€753k
Cash at bank and in hand54/58€45k€53k
Deferred charges and accrued income490/1€12k€15k
Equity and liabilities
Total equity and liabilities10/49€2.57M€2.66M
Equity10/15€739k€778k
Contributions10/11€19k€19k=
Reserves13€108k€108k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€56k€56k=
Distributable reserves133€50k€50k=
Profit (loss) carried forward14€575k€617k
Investment grants15€37k€35k
Amounts payable17/49€1.83M€1.88M
Amounts payable after more than one year17€122k€102k
Financial debts170/4€122k€102k
Amounts payable within one year42/48€1.71M€1.78M
Current portion of amounts payable after more than one year42€54k€55k
Financial debts43€750k€811k
Credit institutions430/8€750k€811k
Trade debts44€327k€351k
Suppliers440/4€327k€351k
Taxes, remuneration and social security45€296k€315k
Taxes450/3€83k€107k
Remuneration and social security454/9€213k€207k
Other amounts payable47/48€280k€250k
Income statement Code20242025
Remuneration, social security and pensions62€1.28M€1.34M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€56k
Other operating charges640/8€17k€21k
Gross operating margin9900€1.74M€1.78M
Operating profit (loss)9901€401k€363k
Financial income75/76B€5k€14k
Recurring financial income75€5k€6k
Non-recurring financial income76B€0€8k
Financial charges65/66B€83k€65k
Recurring financial charges65€83k€65k
Profit (loss) for the period before taxes9903€323k€311k
Income taxes67/77€18k€19k
Profit (loss) for the period9904€305k€292k
Profit (loss) for the period to be appropriated9905€305k€292k
Appropriation of the result
Profit (loss) to be appropriated9906€855k€867k
Profit (loss) brought forward from the previous period14P€551k€575k
Profit to be distributed694/7€280k€250k
Directors or managers695€280k€250k
Social balance
Average headcount (FTE)908714.014.6

The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 29 days late
2025
11-08
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 11 days late
2024
06-08
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 6 days late
2023
24-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
26-07
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Highest result since 2018net €386k ▲23.5%
Operating result €428k, net result €386k, both a record.
24-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 24 days late
2020
12-08
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 12 days late
2019
20-08
NBB filing Annual accounts filed
fiscal year 2018 · full schema · 20 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Flémalle · 1 establishment unit since 1990
establishment approximate The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue des Semailles 174400 Flémalle
Ground area
8,135 m²
Building footprint
2,596 m²
Volume, LiDAR
22,556 m³
Parcel 62055C0231/00F000, Wallonia · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Semailles 17, 4400 Flémalle
Manufacture of machinery and equipment not elsewhere classified
since 19902.049.753.916
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62055C0231/00F000 Wallonia 8,135 m² 1 · 2,596 m² 11.4 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,250 companies in sector 32500 we hold annual accounts for 695. 463 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded18-09-1990
Fiscal year end31-12
Activities, NACEBEL
32500Manufacture of medical and dental instruments and supplies
33101
46460Wholesale of pharmaceutical and medical goods
41003General construction of other non-residential buildings
42220Construction of utility projects for electricity and telecommunications
45213
45215
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.