Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MECANIQUE DE PRECISION COLINET from Le Roeulx, company number BE0427767723, closed financial year 2025 with a result of € 182,529 after tax. For that financial year MECANIQUE DE PRECISION COLINET recorded revenue of € 6.3 million and equity of € 24 million. Compared with financial year 2024, the result moved from € 893,501 to € 182,529. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 19, 2026.
€ 24 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 182,529
▼ 80% vs 2024
Profit after tax over the fiscal year.
€ 699,669
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 21.5 million.
People and assets in 2025
53.8
▼ 1.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.2 million
▲ 4% vs 2024
€ 77,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 28,325
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.8 million
▲ 16% vs 2024
€ 879,113 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 1.8 million
▲ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 121 days on average.
€ 1.3 million
▼ 34% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 4,081,216 | € 16,165,205 | € 10,996,397 | € 6,264,669 | ▼ 43% |
| Profit after taxes | € -171,167 | € 2,613,024 | € 893,501 | € 182,529 | ▼ 80% |
| Equity | € 30,518,497 | € 33,131,521 | € 23,820,857 | € 24,003,386 | ▲ 1% |
| Total debts | € 16,630,376 | € 15,572,752 | € 15,141,810 | € 14,918,717 | ▼ 1% |
| Cash | € 2,351,986 | € 1,797,725 | € 1,391,781 | € 699,669 | ▼ 50% |
| Land & buildings | € 480,849 | € 1,446,251 | € 1,726,645 | € 3,378,391 | ▲ 96% |
| Retained profit | € 28,018,497 | € 30,631,521 | € 21,320,857 | € 21,503,386 | ▲ 1% |
| Dividend | € 0 | € 0 | € 10,204,165 | € 0 | ▼ 100% |
| Bank debt | € 1,212,093 | € 2,474,720 | € 3,269,692 | € 3,796,001 | ▲ 16% |
| Balance sheet total | € 47,217,295 | € 48,776,787 | € 39,001,313 | € 38,955,775 | |
| Employees (FTE) | 58.9 | 59.6 | 55.7 | 53.8 | ▼ 1.9 |
Key figures of MECANIQUE DE PRECISION COLINET, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MECANIQUE DE PRECISION COLINET?
What happened at MECANIQUE DE PRECISION COLINET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 182,529 (▼ 80% vs 2024). Source: NBB ↗
- Charles FRENCH MATTHEW became a director. NBB
- Christophe DEKKERS became a director. NBB
- William FOGARTY PATRICK became a director. NBB
- New establishment in Le Roeulx. KBO
- Start of the company according to the CBE. KBO
In short
From € 171,167 loss in 2022 to € 182,529 profit in 2025.
Paid € 1.5 million in corporate taxes since 2022.
Best year ever: 2023, with € 2.6 million profit.
Paid out € 10.2 million in dividends to the owners in total.
Management
Behind MECANIQUE DE PRECISION COLINET are William FOGARTY PATRICK, Christophe DEKKERS and Charles FRENCH MATTHEW. The shares are held by G.H. ELECTROTERMIA SA (100%).
Directors
According to the 2025 annual accounts
William FOGARTY PATRICK
Director
since 2015
Christophe DEKKERS
Managing director
since 2017
Charles FRENCH MATTHEW
Director
since 2025
Shareholders
G.H. ELECTROTERMIA SA
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Faubourg de Mignault(R) 17
7070 Le Roeulx
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.767.723
- VAT number
- BE 0427.767.723
- Registered office
- Faubourg de Mignault(R) 17, 7070 Le Roeulx
- Names & denominations
- MECANIQUE DE PRECISION COLINET · M.P.C.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 1985
- Peppol
- Active · Active since 7 Nov 2025
- Activities · NACE
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