LA MECANIQUE - V

Active

Private limited companyfounded 1989active for 37 yearsHaachtsesteenweg 409-415, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0437.968.262

Summary

LA MECANIQUE - V has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126,859 and a net result of €13,272. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 88% of 3,268 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

LA MECANIQUE - VActiveChecked score 91/100

Risk analysis Report Compare

Activity

General maintenance and repair of cars and light vans (up to 3.5 tonnes)

NACE 95311Retail sale of motor vehicle parts and accessories NACE 47820

1 site

Size

€159,321total assets 2025

Equity: €126,859
Profit: €13,272

Financial health

91 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.2%

Structure

SIB GROUPDirector · permanent representative VARDAR Naïm

2025 accounts filed 31 days late1 of 2 deeds summarised

Why 91raises riskLast filed accounts filed 31 days late; 2 of the last 3 lateSize: total assets €159,321lowers riskFounded in 1989Liquidity: current ratio 3.81, cash €24,530Show the evidence

Checked score

Score 2025

91 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 68% of its sector peers (NACE 95, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100+9

equity 79.6% of total assets

Liquidity 63+14

short-term debt 20.4% · cash 15.4%

Profitability 79+79

return on assets 8.3%

Bankruptcy probability, 12 months

0.2% Very low

0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,122 companies, NACE 95, micro)

Last 24 months 11-2024: 0.6% 12-2024: 0.1%▼ -0.5 percentage points vs 11-2024 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 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.8%▲ +0.6 percentage points vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.2%▲ +0.4 percentage points vs 07-2026highest value 09-2026: 0.2%▼ -1.0 percentage point vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026

Credit of up to €11,000 on 30-day terms is acceptable

Liquidity ample (current ratio 3.81, compared with 1.99 in 2024, above the usual 1.5; short-term debt: 20.4% and cash: 15.4% of total assets), and 20.4% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (NACE 95, micro): better than 92% on solvency, 64% on liquidity, 61% on profitability and 56% on growth.

The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises risk

Founded in 1989

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Last filed accounts filed 31 days late; 2 of the last 3 late

NBB · filings

Liquidity: current ratio 3.81, cash €24,530

NBB · annual accounts

Size: total assets €159,321

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

2025 accounts filed 31 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

31 days late

2024

29 days late

2023

86 days late

2022

28 days early

2021

19 days early

2020

3 days early

2019

4 days 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 13 days after the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 August (4 of the last 5 filed years within 57 days of that day).

Companies Code · seven months

Where today falls in the filing period

28-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

31-08-2026 Annual accounts filedfinancial year 2025 · micro…
31-12-2025 Back to profitnet €13,272
19-12-2025 Resignations: VARDAR Nihat (director) and VARDAR…Appointment: SIB GROUP (director) ·…

Key points

Positive: Back in profit in 2025after -€55,527 in 2024 €13,272 View
Positive: Among the best 13% on solvencysector median 37.9% · 3,268 companies 79.6% View
Active since 1989founded 17-07-1989 37 years View

By topic

Financials

Financial year: 2025
Total assets: €159,321
Profit: €13,272
Solvency: 79.6%

Turnover▼ 17.2%

Net result

20182020

Go to Financials

Board & ownership

Board: 1 member

SIB GROUPDirector

Go to Board & ownership

Timeline

Events: 30
Since: 2003
Next accounts: by 31-07-2027

29-08-2025Annual accounts filed
31-12-2024Weakest financial year
25-10-2024Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: General maintenance and repair of cars and light…NACE 95311
Founded: 17-07-1989
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Key facts about LA MECANIQUE - V

What is the company number of LA MECANIQUE - V?: 0437.968.262. In Belgium the VAT number is the company number with BE in front: BE 0437.968.262.
Where is LA MECANIQUE - V based?: The registered office is at Haachtsesteenweg 409-415, 1030 Schaarbeek.Company details
What does LA MECANIQUE - V do?: According to the KBO register, the main activity is general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311).
What is the legal form of LA MECANIQUE - V?: Private limited company (BV).
When was LA MECANIQUE - V founded?: On 17-07-1989.
Is LA MECANIQUE - V still active?: Yes, LA MECANIQUE - V is an active enterprise in the KBO register.
How many employees does LA MECANIQUE - V have?: On average 1.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of LA MECANIQUE - V?: €340,555 in financial year 2020, according to the filed annual accounts.
Is LA MECANIQUE - V profitable?: In financial year 2025, LA MECANIQUE - V made a profit of €13,272.
Where can I find the annual accounts of LA MECANIQUE - V?: LA MECANIQUE - V filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LA MECANIQUE - V due?: By 31-07-2027, for financial year 2026.Timeline