M-AUTOMATION
ActiveM-AUTOMATION has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €370k. Equity is shrinking by ~18% per year across the filed fiscal years. Its solvency ranks better than 14% of 4827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency10▼-1
Growth58=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.62 against 0.7 in 2024), and 88.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
11.3%
Return on assets
49.6%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 4827 sector peers (2025).
NBB · sector comparisonPosition among 4827 sector peers
Solvency
better than 14%
← weakest
strongest →
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 02-04-2026, 120 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
120 d early
2024
167 d early
2023
41 d early
2022
33 d early
2021
47 d early
2020
30 d late
2019
24 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 monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€370k▼ 21.3%
2024 · €470k
2018: €190k
2019: €249k
2020: €322k
2021: €203k
2022: €216k
2023: €200k
2024: €470k
2018 → 2025
Working capital
€-218k▼ 0.4%
2024 · €-217k
2018: €41k
2019: €-187k
2020: €-93k
2021: €-208k
2022: €-234k
2023: €-213k
2024: €-217k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€128k-€93k▼ 26.9%€94k▲ 0.5%€84k▼ 10.2%€84k▲ 0.1%
Operating result€257k-€274k▲ 6.5%€255k▼ 6.8%€604k▲ 137%€489k▼ 19.1%
Net result€203k-€216k▲ 6.2%€200k▼ 7.1%€470k▲ 135%€370k▼ 21.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €747k
Fixed assets
€383k▼ 0.1%
Current assets
€364k▼ 27.2%
Equity and liabilities €747k
Equity
€84k▲ 0.1%
Debt
€662k▼ 17.1%
The debt ratio falls from 90.5% to 88.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€490k▼
2024 · €607k
Cash flow
€371k▼
2024 · €473k
Solvency
11.3%▲
2024 · 9.5%
Current ratio
0.62▼
2024 · 0.70
Quick ratio
0.62▼
2024 · 0.70
Debt / equity
7.86▼
2024 · 9.49
ROE
439.2%▼
2024 · 559.0%
ROA
49.6%▼
2024 · 53.3%
Interest coverage
89.17▼
2024 · 95.65
Debt
€662k▼
2024 · €799k
Debt ≤ 1 year
€582k▼
2024 · €717k
Debt > 1 year
€75k=
2024 · €75k
Income taxes
€131k▼
2024 · €147k
Staff costs
€65k▲
2024 · €51k
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€883k€747k▼
Fixed assets21/28€383k€383k▼
Tangible fixed assets22/27€3k€3k▼
Furniture and vehicles24€2k€2k▼
Other tangible fixed assets26€880€807▼
Financial fixed assets28€380k€380k=
Current assets29/58€500k€364k▼
Amounts receivable within one year40/41€37k€6k▼
Trade receivables40€28k€793▼
Other amounts receivable41€9k€5k▼
Cash at bank and in hand54/58€457k€351k▼
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€883k€747k▼
Equity10/15€84k€84k▲
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€8k€8k=
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Profit (loss) carried forward14€2k€2k▲
Amounts payable17/49€799k€662k▼
Amounts payable after more than one year17€75k€75k=
Other amounts payable178/9€75k€75k=
Amounts payable within one year42/48€717k€582k▼
Trade debts44€24k€6k▼
Suppliers440/4€24k€6k▼
Taxes, remuneration and social security45€28k€45k▲
Taxes450/3€17k€34k▲
Remuneration and social security454/9€11k€10k▼
Other amounts payable47/48€665k€531k▼
Accrued charges and deferred income492/3€7k€5k▼
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€229k€174k▼
Remuneration, social security and pensions62€51k€65k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€1k▼
Other operating charges640/8€990€20k▲
Gross operating margin9900€659k€574k▼
Operating profit (loss)9901€604k€489k▼
Financial income75/76B€19k€18k▼
Recurring financial income75€19k€18k▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€617k€501k▼
Income taxes67/77€147k€131k▼
Profit (loss) for the period9904€470k€370k▼
Profit (loss) for the period to be appropriated9905€470k€370k▼
Appropriation of the result
Profit (loss) to be appropriated9906€482k€372k▼
Profit (loss) brought forward from the previous period14P€11k€2k▼
Profit to be distributed694/7€480k€370k▼
Return on contributions (dividend)694€480k€370k▼
Social balance
Average headcount (FTE)90871.01.1▲
The notes to these accounts (8 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
2026
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
14-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €470k ▲135%
Operating result €604k, net result €470k, both a record.
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 24 days late
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 27 days late
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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, Chaudfontaine · 1 establishment unit since 2013
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 du Grand Air 484052 ChaudfontaineGround area
1,154 m²
Building footprint
134 m²
Volume, LiDAR
509 m³
Parcel 62012A0049/00H004, Wallonia · tallest building 4.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
M-AUTOMATION
since 20132.223.588.606
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62012A0049/00H004 | Wallonia | 1,154 m² | 1 · 134 m² | 4.7 m · 1 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
STINO
BE 0883.962.780
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Sattri Europe
BE 0750.913.226
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Herbosch
BE 0728.762.483
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TEMPLAB
BE 0820.973.257
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Solar Nova
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Of 1,070 companies in sector 46140 we hold annual accounts for 640. 487 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-10-2013
Fiscal year end31-12
Activities, NACEBEL
46140Agents in the wholesale of industrial machinery, ships and aircraft
46649Wholesale of other machinery and equipment
46645Wholesale trade
71121Engineering and related technical consultancy, excluding land surveyors
71209Other technical testing and analysis
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.