Financials
- Fiscal year
- 2025
- Turnover
- €31.8m
- Profit
- €1.4m
- Solvency
- 45.4%
Turnover▲ 7.6%
Net result
20182025
SAPIM
ActiveSummary
SAPIM has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29.6m and a net result of €1.4m. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 49% of 729 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
What they do
Manufacture of fabricated metal products, except machinery and equipment
NACE 25999Manufacture of motor vehicles, trailers and semi-trailers NACE 29320NACE 34300
#5 company by total assets in the province of Antwerp, Fabricated metal products sector3 sites
How big
€31.8mturnover 2025
- Staff
- 83 FTE
- Equity
- €29.6m
- Profit
- €1.4m
Who decides
- Parent
- Mechanica Holding · 100%
- Holdings
- 2
Accounts 31 d early0 of 21 deeds read
Why 67- Multiple establishment units- Higher-failure-rate sector+ Long track record+ Annual accounts: healthy financial profile+ Lower-risk legal formLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+6
Solvency70▼-4
Growth70=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,950,000 at 30 days acceptable
Liquidity tight (current ratio 1.04 against 1.41 in 2024; short-term debt: 28.1% and cash: 0.8% of total assets), and 54.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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
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
45.4%
Return on assets
2.2%
Age of the figures
9 mo
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 →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
30 d early
2023
13 d early
2022
246 d late
2021
48 d early
2020
23 d early
2019
14 d early
← 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 12 days 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 1 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · full…
- Annual accounts filedfiscal year 2023 · full…
Key points
- Caution: Result fell in 2025from €4.1m to €1.4m ▼ 65.5% View
- Positive: Among the best 5% on equitysector median €1.2m · 729 companies €29.6m View
- Positive: 8 profitable years in a rowprofit 2025: €1.4m 8 years View
- Controlled by Mechanica Holdingultimately: ALCOPA 100% View
- Flemish supportawarded 2022 - 2025 €316,644 View
By topic
Board & ownership
- Parent
- Mechanica Holding · 100%
Network & group
- Group
- ALCOPA
- Subsidiaries
- 1
- Holdings
- 2
2 holdings
Timeline
- Events
- 13
- Since
- 2017
- Next accounts
- by 31-07-2027
- 30-06-2026Annual accounts filed
- 01-07-2025Annual accounts filed
- 18-07-2024Annual accounts filed
Support & recognitions
- Funding sources
- 1
- Recognitions
- 1 register
- Flemish government
- €316,644awarded · 2022 - 2025
- LEI
- active98450095A0E1FCA58T72
Company details
- Sites
- 3
- Legal form
- Public limited company
- Activity
- Manufacture of fabricated metal products, except machinery and…NACE 25999
- Founded
- 31-03-1994
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.