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voestalpine SADEF

Active
Public limited companyfounded 1991active for 35 yearsBruggesteenweg 200, 8830 Hooglede, BelgiumKBO/BCE: BE 0445.281.963
Summary

voestalpine SADEF has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €29.5m and a net result of €14.4m. Equity has been stable since 2019 (±1.2% per year). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 25-09-1991 Normal situation
Activity
Manufacture of basic metals NACE 24330
Joint committees
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid
111 Paritair Comité voor de metaal-, machine- en elektrische bouw · annual accounts 31-03-2026
Establishment unit
2.054.717.544 8830 Hooglede, since 29-10-1991
Financial year end
31 March
Peppol
Reachable since 17-07-2025

Board and ownership

Board
and 3 others
Auditor
DELOITTE Bedrijfsrevisoren BV
Shareholders
  • Voestalpine Metal Forming GmbHannual accounts 31-03-2026
  • voestalpine AGLEI register
Holdings
Shares in 2 companies Voestalpine Prazisionsprofil GMBH and Sadef France NV

Financial position

91 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 31-03-2026
Turnover
€235.3m
▲ 3.4%
Profit
€14.4m
▲ 6.0%
Equity
€29.5m
▼ 16.9%
Total assets
€107.8m
▼ 0.9%
Employees on 31-03-2026
597
▲ 2.1%
Standalone figures, without subsidiaries
Group, consolidated 31-03-2026: turnover €262.3m, result €13.9m
Score breakdownraises riskSector: Manufacture of basic metals (NACE 24)lowers riskSize: turnover €235.3m, 560 FTE, total assets €107.8m, files consolidated accountsFounded in 1991Legal form: public limited companyShow the evidence

Checked score

Score 2026
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 44% of all companies
Financial strength · tick: 2025
Average
Solvency 52-6
equity 27.3% of total assets
Liquidity 22-16
short-term debt 70.0% · cash 7.8%
Profitability 79+1
return on assets 13.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (15 companies, NACE 24, large)
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 02-2025 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: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value 11-2026: 0.1%● unchanged vs 10-2026highest value
Credit of up to €2,650,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.68 (0.9 in 2025), below 1. Short-term debt is 70% and cash 7.8% of total assets. 72.7% 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 (all companies). It does better than 42% of them on solvency, 17% on liquidity, 81% on profitability and 37% on growth.

The bankruptcy probability was computed on 01-11-2026 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
lowers risk · Size: turnover €235.3m, 560 FTE, total assets €107.8m, files consolidated accounts
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Manufacture of basic metals (NACE 24)
KBO
lowers risk · Founded in 1991
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Legal form: public limited company
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 31-08-2026, 61 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2026
61 days early
2025
39 days early
2024
34 days early
2023
42 days early
2022
61 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 47 days before the deadline. In the sector (NACE 24), the median for financial year 2024 was 15 days before the deadline, and 29% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 19 September (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
02-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest employer in West Flanders, Basic metals sectorin the Checked rankings No. 1 View
  • Positive: 8 profitable years in a rowprofit 2026: €14.4m 8 years View
  • Board changedlatest change 02-12-2025 · 6 in office 1 joined · 1 left View
  • Flemish supportawarded from 2022 to 2025 €265,460 View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Resignation: PROFMATIC MANAGEMENT BV (director)Permanent representatives: Patrick Vandewaetere, Mike Casteleyn and Peter Verbrugge · Appointment: CABAS BV (director) · Reappointments: Futurum Invest BV (director) and Jürgen Resch (director)
  2. · Gazette deed Resignation: Patrick Vandewaetere (gedelegeerde tot het dagelijks bestuur)Appointment: Mike Casteleyn (day-to-day manager) · Reappointment: Peter Verbrugge (day-to-day manager)
  3. · Gazette deed Resignation: Peter Schwab (director and chair)Appointment: Carola Richter (director) · Reappointment: DELOITTE Bedrijfsrevisoren BV (statutory auditor)
All 42 events

Comparable companies

These companies have the same main activity as voestalpine SADEF: manufacture of basic metals (NACE 24330). They are comparable in size and age: total assets between €12m and €70m, founded between 1961 and 1974.

CompanyTotal assetsTurnover
voestalpine SADEF Hooglede€107.8m€235.3m
LEVIAT Ternat€69.7m€32.8m
MECANIQUE FERROVIAIRE DÉVELOPPEMENT Morlanwelz€11.9m€13.9m
Full comparison

Key facts about voestalpine SADEF

What is the company number of voestalpine SADEF?
The company number of voestalpine SADEF is 0445.281.963. The VAT number is the same number with BE in front: BE 0445.281.963.
Where is voestalpine SADEF based?
The registered office is at Bruggesteenweg 200, 8830 Hooglede.Company details
What does voestalpine SADEF do?
According to the KBO register, the main activity is manufacture of basic metals (NACE 24330).
What is the legal form of voestalpine SADEF?
The legal form of voestalpine SADEF is Public limited company (NV).
When was voestalpine SADEF founded?
voestalpine SADEF was founded on 25-09-1991.
Is voestalpine SADEF still active?
Yes, voestalpine SADEF is an active enterprise in the KBO register.
How many employees does voestalpine SADEF have?
voestalpine SADEF had an average of 560 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does voestalpine SADEF fall under?
In its 31-03-2026 annual accounts, voestalpine SADEF states joint committees 209 (Paritair Comité voor de bedienden der metaalfabrikatennijverheid) and 111 (Paritair Comité voor de metaal-, machine- en elektrische bouw).
What is the turnover of voestalpine SADEF?
The turnover of voestalpine SADEF was €235.3m in financial year 2026, according to the filed annual accounts.
Is voestalpine SADEF profitable?
In financial year 2026, voestalpine SADEF made a profit of €14.4m.
Where can I find the annual accounts of voestalpine SADEF?
voestalpine SADEF filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of voestalpine SADEF due?
voestalpine SADEF must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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