Comet Technics
ActiveSummary
Comet Technics has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €558k and a net result of €85k. Equity is growing by ~25.2% per year across the filed fiscal years. Its solvency ranks better than 41% of 406 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-1
Solvency65▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.72 against 0.91 in 2024; short-term debt: 25.7% and cash: 1.1% of total assets), and 60% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
40%
Return on assets
6.1%
Age of the figures
16 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 13-11-2025, 48 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
48 d early
2024
28 d early
2023
27 d early
2022
40 d early
2021
42 d early
2020
38 d early
2019
46 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close25-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€558k▲ 18.0%
2024 · €473k
2019: €148k
2020: €196k
2021: €202k
2022: €290k
2023: €391k
2024: €473k
2019 → 2025
Total assets
€1.40M▲ 12.6%
2024 · €1.24M
2019: €431k
2020: €432k
2021: €1.10M
2022: €1.16M
2023: €1.28M
2024: €1.24M
2019 → 2025
Net result
€85k▲ 4.2%
2024 · €82k
2019: €60k
2020: €48k
2021: €7k
2022: €88k
2023: €101k
2024: €82k
2019 → 2025
Working capital
€-100k▼ 395%
2024 · €-20k
2019: €-25k
2020: €-4k
2021: €-93k
2022: €-79k
2023: €-51k
2024: €-20k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€202k-€290k▲ 43.3%€391k▲ 34.9%€473k▲ 20.9%€558k▲ 18.0%
Operating result€5k-€106k▲ 2,156%€114k▲ 7.4%€112k▼ 2.4%€144k▲ 28.9%
Net result€7k-€88k▲ 1,223%€101k▲ 15.4%€82k▼ 19.1%€85k▲ 4.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 29% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.40M
Fixed assets
€1.14M ▲ 10.2%
Current assets
€259k ▲ 24.3%
Equity and liabilities €1.40M
Equity
€558k ▲ 18.0%
Debt
€838k ▲ 9.2%
Debt's share of the balance-sheet total falls from 61.9% to 60.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€254k▲
2024 · €211k
Cash flow
€195k▲
2024 · €181k
Current ratio
0.72▼
2024 · 0.91
Quick ratio
0.35▼
2024 · 0.58
Debt to equity
1.50▼
2024 · 1.62
ROE
15.3%▼
2024 · 17.3%
ROA
6.1%▼
2024 · 6.6%
Interest coverage
22.35▲
2024 · 15.76
Debt ≤ 1 year
€359k▲
2024 · €228k
Debt > 1 year
€479k▼
2024 · €539k
Income taxes
€36k▲
2024 · €17k
Staff costs
€120k▲
2024 · €45k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.24M€1.40M▲
Fixed assets21/28€1.03M€1.14M▲
Intangible fixed assets21€4k€32k▲
Tangible fixed assets22/27€1.02M€1.10M▲
Land and buildings22€858k€860k▲
Plant, machinery and equipment23€53k€119k▲
Furniture and vehicles24€114k€122k▲
Financial fixed assets28€3k€3k=
Current assets29/58€208k€259k▲
Stocks and contracts in progress3€75k€135k▲
Stocks30/36€75k€69k▼
Contracts in progress37-€66k
Amounts receivable within one year40/41€124k€100k▼
Trade receivables40€124k€96k▼
Other amounts receivable41€512€4k▲
Cash at bank and in hand54/58€4k€16k▲
Deferred charges and accrued income490/1€6k€9k▲
Equity and liabilities
Total equity and liabilities10/49€1.24M€1.40M▲
Equity10/15€473k€558k▲
Contributions10/11€20k€20k=
Reserves13€453k€538k▲
Distributable reserves133€453k€538k▲
Amounts payable17/49€767k€838k▲
Amounts payable after more than one year17€539k€479k▼
Financial debts170/4€539k€479k▼
Amounts payable within one year42/48€228k€359k▲
Current portion of amounts payable after more than one year42€59k€60k▲
Financial debts43€50k€125k▲
Credit institutions430/8€50k€125k▲
Trade debts44€103k€95k▼
Suppliers440/4€103k€95k▼
Taxes, remuneration and social security45€15k€37k▲
Taxes450/3€7k€13k▲
Remuneration and social security454/9€8k€24k▲
Other amounts payable47/48€770€41k▲
Income statement
Code20242025
Non-recurring operating income76A€5k€10k▲
Remuneration, social security and pensions62€45k€120k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€99k€110k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-5k-
Other operating charges640/8€13k€8k▼
Gross operating margin9900€264k€382k▲
Operating profit (loss)9901€112k€144k▲
Financial income75/76B€828€938▲
Recurring financial income75€828€938▲
Financial charges65/66B€14k€24k▲
Recurring financial charges65€13k€11k▼
Non-recurring financial charges66B€126€13k▲
Profit (loss) for the period before taxes9903€99k€121k▲
Income taxes67/77€17k€36k▲
Profit (loss) for the period9904€82k€85k▲
Profit (loss) for the period to be appropriated9905€82k€85k▲
Appropriation of the result
Profit (loss) to be appropriated9906€82k€85k▲
Transfer to equity691/2€82k€85k▲
To other reserves6921€82k€85k▲
Social balance
Average headcount (FTE)90871.02.5▲
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
13-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-05
Financial
Equity above €500kEq €558k ▲18%
7 profitable years in a row build equity to €558k.
2024
03-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
04-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-05
Financial
Highest result since 2019net €101k ▲15.4%
Net result €101k, the highest in the series.
2022
21-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
19-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-05
Financial
Weakest financial yearnet €7k ▼86.1%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
31-05
Financial
Equity above €200kEq €202k ▲3.4%
3 profitable years in a row build equity to €202k.
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-05
Financial
Equity above €150kEq €196k ▲32.3%
2 profitable years in a row build equity to €196k.
2019
15-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
20-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Ingelmunster · 1 establishment unit since 2016
Ground area
2,910 m²
Building footprint
1,171 m²
Volume, LiDAR
575 m³
2 parcels, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
COMET TECHNICS
since 20162.251.820.158
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36007A1067/00A000 | Flanders | 2,099 m² | 1 · 981 m² | - |
| 36007A0516/00P000 | Flanders | 810 m² | 1 · 190 m² | 6.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 15,494 EUR awarded · 15,367 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 13,745 EUR | 13,745 EUR |
| 2022 | 1 | 1,749 EUR | 1,622 EUR |
Schemes
Individueel Maatwerk
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
4 live approvals · 1 endedHoeknaadlasser duaal (so)
Lassen-constructie duaal (so)
Lasser-monteerder (vwo)
Lasser-monteerder duaal (so)
Show 1 ended approval
Hoeknaadlasser (so)
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Of 263 companies in sector 28300 we hold annual accounts for 197. 147 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-06-2015
Fiscal year end31-05
Activities, NACEBEL 2025
28300Manufacture of machinery and equipment not elsewhere classified
33200Installation of industrial machinery and equipment
25110Manufacture of metal structures and parts of structures
43320Joinery installation
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@comet-technics.be