M & E
ActiveThe computed 12-month bankruptcy probability of M & E is 2.1% (moderate). For M & E, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €20k and a net result of €27k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 60 sector peers (fiscal year 2023). The company has been active since 1991 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability100=
Solvency100▲+99
Growth78=
Track record84
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 17
Relative position
BE, all sectors
reference
Sector 17
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
100%
Return on assets
130.6%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline18-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 21-11-2024, 113 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
113 d late
2022
55 d early
2021
34 d early
2020
24 d early
2019
5 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
Name match with a sanctions list
1 entryMINES AND METALS ENGINEERING GMBHalias M.M.E.
A name match is not a finding that this company itself is on the list; check the entry at the source.
Financials · fiscal year 2023, micro schema
Equity
€20k
2022 · €-6k
2018: €-11k
2019: €-13k
2020: €-20k
2021: €-23k
2022: €-6k
2018 → 2023
Total assets
€20k▼ 20.3%
2022 · €26k
2018: €15k
2019: €12k
2020: €14k
2021: €20k
2022: €26k
2018 → 2023
Net result
€27k▲ 61.2%
2022 · €17k
2018: €-2k
2019: €-2k
2020: €-7k
2021: €-3k
2022: €17k
2018 → 2023
Working capital
€-6k▲ 72.6%
2021 · €-23k
2018: €-11k
2019: €-13k
2020: €-20k
2021: €-23k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€-13k-€-20k▼ 52.2%€-23k▼ 15.1%€-6k▲ 72.6%€20k
Operating result€-2k-€-7k▼ 210%€-3k▲ 53.4%€16k€27k▲ 65.3%
Net result€-2k-€-7k▼ 268%€-3k▲ 55.8%€17k€27k▲ 61.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed three years in a row; 2023 is 65% above 2022 and is the highest result in the available series.
Key figures and ratios
Solvency
100.0%▲
2022 · -24.4%
ROE
130.6%
ROA
130.6%▲
2022 · 64.6%
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€26k€20k▼
Current assets29/58€26k€20k▼
Amounts receivable within one year40/41€11k€20k▲
Other amounts receivable41€11k€20k▲
Cash at bank and in hand54/58€15k-
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€26k€20k▼
Equity10/15€-6k€20k▲
Contributions10/11€25k€25k=
Reserves13€3k€3k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€607€607=
Profit (loss) carried forward14€-34k€-7k▲
Amounts payable17/49€32k-
Amounts payable within one year42/48€32k-
Trade debts44€0-
Suppliers440/4€0-
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€32k-
Income statement
Code20222023
Other operating charges640/8€450€493▲
Gross operating margin9900€17k€27k▲
Operating profit (loss)9901€16k€27k▲
Financial income75/76B€400-
Recurring financial income75€400-
Financial charges65/66B€15€45▲
Recurring financial charges65€15€45▲
Profit (loss) for the period before taxes9903€17k€27k▲
Profit (loss) for the period9904€17k€27k▲
Profit (loss) for the period to be appropriated9905€17k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-7k▲
Profit (loss) brought forward from the previous period14P€-51k€-34k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-06
KBO administration
Address strikeout annulled
07-05
KBO administration
Address struck
2024
21-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 113 days late
2023
31-12
Financial
Highest result since 2018net €27k ▲61.2%
Operating result €27k, net result €27k, both a record.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €17k
Net result €17k after 4 loss-making years.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
2019
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
01-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Maasmechelen · 1 establishment unit since 1991
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Leemkuilstraat(O) 93630 MaasmechelenGround area
1.2 ha
Building footprint
2,237 m²
Volume, LiDAR
908 m³
2 parcels, Flanders · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
M & E
since 19912.052.729.044
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73060B0071/00L000 | Flanders | 1.2 ha | 1 · 2,014 m² | 0.1 m |
| 11017A0639/00B000 | Flanders | 881 m² | 1 · 223 m² | 6.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
IMPLS
BE 0783.977.457
Deinze · Eq €22k
transervis
BE 0707.784.056
Charleroi · Eq €18k
AGRI PACKAGING
BE 0432.782.821
Zottegem · Eq €28k
GST TRADING COMPANY
BE 0835.374.985
Tenneville · Eq €29k
AYP
BE 1015.575.449
Flémalle · Eq €31k
Of 189 companies in sector 17210 we hold annual accounts for 154. 31 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-04-1991
Fiscal year end31-12
Activities, NACEBEL
17210Manufacture of paper and paper products
22220Manufacture of rubber and plastic products
47910Intermediation services for non-specialised retail
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.