Model checking is a promising approach for the verification of embedded systems software. The [mc]square approach for verification of binary code provides several improvements compared to other existing methods: the system model is automatically derived from the binary code using dedicated microcontroller simulators and state spaces are reduced by applying automatic abstraction techniques. In this paper, we survey the involved mechanisms and assess the overall approach by conducting an industrial case study – the verification of the embedded software of a monitoring device of a knitting machine.