Sanctions list
Name on a sanctions list. Check in the source whether it is this company.
Name on a sanctions list. Check in the source whether it is this company.
2024 accounts not filed: deadline was 31-07-2025.
Higher solvency than 95% of companies in paper. Sector median 50.2% · 57 companies.
The dashed line is the sector median: 0.4% across 113 companies (NACE 17, micro).
About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 5 accounts on average 1 day after the deadline. In the sector (NACE 17), the median for financial year 2024 was 13 days before the deadline, and 35% of those companies filed late.
A matching name does not mean the company is on the list. Check the entry at the source.
| Company | ||||
|---|---|---|---|---|
| M & E Maasmechelen | €20,466 | €27,271 | 100.0% | - |
| AGRI PACKAGING Zottegem | €81,036 | €20,019 | 34.0% | 1 |
| FinUp Zwalm | €64,336 | €50,082 | -105.5% | - |
| AXIPACK Ghent | €10,009 | €3,341 | -213.5% | - |
| FLORIENT - MULLER Anderlecht | €190,037 | €22,301 | 39.6% | - |
| SAVOPAC Orp-Jauche | €34,899 | -€4,100 | -1103.3% | - |
| BOX-ID Beerse | €53,142 | €1,806 | 74.2% | - |
These companies have the same main activity as M & E: manufacture of paper and paper products (NACE 17210). They are comparable in size and age: total assets between €10,000 and €190,000, founded between 1987 and 2007.
M & E files the micro format. That format states no turnover. The gross margin rose from -€4,657 in 2006 to €27,271 in 2023.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
2024 annual accounts not yet filed, deadline passed on 31 July 2025 The financial year closed on 31 December 2024. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 8 November 2026.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €66,000 and €200,000.
Higher than 95% of 57 companies in 2023.
Higher than 17% of 55 companies in 2022.
Higher than 95% of 56 companies in 2023.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter
| Line | Trend | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||
20/58 |
20,466 | 25,673 | 19,980 | 13,517 | 11,825 | 14,698 | 16,394 | 16,073 | 27,041 | 25,192 | 24,806 | 11,018 | 8,364 | 30,851 | 29,619 | 21,204 | 7,417 | 1,316 | |
21/28 |
- | - | - | - | - | - | - | - | - | 118 | 235 | - | - | 184 | 414 | 690 | - | - | |
22/27 |
- | - | - | - | - | - | - | - | - | 118 | 235 | - | - | 184 | 414 | 690 | - | - | |
23 |
- | - | - | - | - | - | - | - | - | 118 | 235 | - | - | - | - | - | - | - | |
24 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 184 | 414 | 690 | - | - | |
29/58 |
20,466 | 25,673 | 19,980 | 13,517 | 11,825 | 14,698 | 16,394 | 16,073 | 27,041 | 25,075 | 24,570 | 11,018 | 8,364 | 30,667 | 29,205 | 20,514 | 7,417 | 1,316 | |
40/41 |
20,466 | 10,962 | 10,000 | 10,000 | 11,000 | 13,000 | 15,000 | 15,000 | 16,665 | 16,616 | 1,706 | 1,397 | 219 | 10,668 | 10,263 | 293 | 1,295 | 555 | |
40 |
- | - | - | - | - | - | - | - | 1,665 | 1,616 | 1,706 | 1,364 | 155 | 577 | 168 | 188 | 254 | - | |
41 |
20,466 | 10,962 | 10,000 | 10,000 | 11,000 | 13,000 | 15,000 | 15,000 | 15,000 | 15,000 | - | 33 | 64 | 10,091 | 10,095 | 105 | 1,041 | 555 | |
54/58 |
- | 14,711 | 9,580 | 3,037 | 345 | 1,178 | 794 | 473 | 9,775 | 8,406 | 22,865 | 9,621 | 8,145 | 19,500 | 18,498 | 20,221 | 6,122 | 761 | |
490/1 |
- | 0 | 400 | 480 | 480 | 520 | 600 | 600 | 600 | 52 | - | - | - | 500 | 443 | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||
10/49 |
20,466 | 25,673 | 19,980 | 13,517 | 11,825 | 14,698 | 16,394 | 16,073 | 27,041 | 25,192 | 24,806 | 11,018 | 8,364 | 30,851 | 29,619 | 21,204 | 7,417 | 1,316 | |
10/15 |
20,466 | -6,267 | -22,856 | -19,850 | -13,043 | -11,194 | -9,213 | -6,753 | 12,600 | 13,456 | -6,019 | -23,065 | -23,118 | -14,526 | -32,590 | -47,084 | -56,460 | -61,275 | |
10/11 |
24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | |
100 |
- | - | - | - | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | 24,789 | |
13 |
3,086 | 3,086 | 3,086 | 3,086 | 3,086 | 3,086 | 3,086 | 3,086 | 3,086 | 3,086 | 3,086 | 3,086 | 3,086 | 3,086 | 3,086 | 3,086 | 3,086 | 3,086 | |
130/1 |
2,479 | 2,479 | 2,479 | 2,479 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | 2,479 | 2,479 | 2,479 | 2,479 | 2,479 | 2,479 | 2,479 | 2,479 | 2,479 | 2,479 | 2,479 | 2,479 | 2,479 | 2,479 | |
1311 |
2,479 | 2,479 | 2,479 | 2,479 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
607 | 607 | 607 | 607 | 607 | 607 | 607 | 607 | 607 | 607 | 607 | 607 | 607 | 607 | 607 | 607 | 607 | 607 | |
14 |
-7,410 | -34,143 | -50,732 | -47,726 | -40,919 | -39,070 | -37,088 | -34,629 | -15,276 | -14,420 | -33,894 | -50,940 | -50,994 | -42,401 | -60,465 | -74,960 | -84,335 | -89,150 | |
17/49 |
- | 31,940 | 42,836 | 33,368 | 24,868 | 25,892 | 25,607 | 22,826 | 14,441 | 11,737 | 30,824 | 34,083 | 31,482 | 45,377 | 62,209 | 68,288 | 63,877 | 62,591 | |
42/48 |
- | 31,940 | 42,836 | 33,368 | 24,868 | 25,892 | 25,607 | 22,826 | 14,441 | 11,737 | 30,424 | 33,781 | 31,482 | 45,377 | 62,192 | 68,288 | 63,877 | 62,591 | |
42 |
- | - | - | - | - | - | - | - | - | - | 10,000 | 10,000 | - | - | - | - | - | - | |
43 |
- | - | - | - | - | - | - | - | - | 126 | - | - | - | - | 34,927 | 39,727 | 45,727 | 60,727 | |
430/8 |
- | - | - | - | - | - | - | - | - | 126 | - | - | - | - | 34,927 | 39,727 | 45,727 | 60,727 | |
44 |
- | 0 | 245 | 30 | - | 504 | 218 | 437 | 2,095 | 2,936 | 2,814 | 1,443 | 7 | 66 | - | 62 | - | 1,863 | |
440/4 |
- | 0 | 245 | 30 | - | 504 | 218 | 437 | 2,095 | 2,936 | 2,814 | 1,443 | 7 | 66 | - | 62 | - | 1,863 | |
45 |
- | 0 | 601 | 339 | - | - | - | - | 2,761 | 2,772 | 8,254 | 5,500 | - | - | - | 1,500 | - | - | |
450/3 |
- | 0 | 601 | 339 | - | - | - | - | 11 | 22 | 4 | - | - | - | - | 1,500 | - | - | |
454/9 |
- | - | - | - | - | - | - | - | 2,750 | 2,750 | 8,250 | 5,500 | - | - | - | - | - | - | |
47/48 |
- | 31,940 | 41,990 | 32,999 | 24,868 | 25,388 | 25,388 | 22,388 | 9,585 | 5,903 | 9,356 | 16,839 | 31,475 | 45,312 | 27,264 | 26,999 | 18,149 | - | |
492/3 |
- | - | - | - | - | - | - | - | - | - | 400 | 301 | - | - | 17 | - | - | - | |
| Income statement | |||||||||||||||||||
9900 |
27,271 | 16,653 | -2,915 | -6,776 | -1,884 | -2,023 | -2,563 | -19,478 | -982 | 20,175 | 18,123 | 978 | -7,972 | 18,316 | 15,039 | 10,252 | 5,509 | -4,657 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,657 | |
630 |
- | - | - | - | - | - | - | - | 118 | 118 | 118 | - | 184 | 230 | 276 | 460 | - | - | |
640/8 |
493 | 450 | 449 | 448 | 445 | 444 | 442 | 440 | 441 | 440 | 438 | 404 | 402 | 402 | 401 | 399 | 675 | 533 | |
9901 |
26,778 | 16,204 | -3,363 | -7,224 | -2,329 | -2,466 | -3,005 | -19,918 | -1,540 | 19,618 | 17,567 | 574 | -8,558 | 17,684 | 14,362 | 9,393 | 4,834 | -5,190 | |
75/76B |
- | 400 | 400 | 480 | 480 | 520 | 600 | 600 | 600 | 60 | 13 | 5 | 9 | 522 | 465 | 0 | 1 | - | |
75 |
- | 400 | 400 | 480 | 480 | 520 | 600 | 600 | 600 | 60 | 13 | 5 | 9 | 522 | 465 | 0 | 1 | - | |
65/66B |
45 | 15 | 42 | 63 | - | 35 | 55 | 35 | -85 | 202 | 532 | 529 | 42 | 139 | 331 | 18 | 20 | 33 | |
65 |
45 | 15 | 42 | 63 | - | 35 | 55 | 35 | -85 | 202 | 532 | 529 | 42 | 139 | 331 | 18 | 20 | 33 | |
9903 |
26,733 | 16,589 | -3,006 | -6,807 | -1,849 | -1,981 | -2,460 | -19,353 | -856 | 19,476 | 17,049 | 51 | -8,591 | 18,067 | 14,496 | 9,376 | 4,815 | -5,223 | |
67/77 |
- | - | - | - | - | - | - | - | - | 2 | 3 | -2 | 1 | 3 | 2 | - | - | - | |
9904 |
26,733 | 16,589 | -3,006 | -6,807 | -1,849 | -1,981 | -2,460 | -19,353 | -856 | 19,474 | 17,046 | 53 | -8,592 | 18,064 | 14,494 | 9,376 | 4,815 | -5,223 | |
9905 |
26,733 | 16,589 | -3,006 | -6,807 | -1,849 | -1,981 | -2,460 | -19,353 | -856 | 19,474 | 17,046 | 53 | -8,592 | 18,064 | 14,494 | 9,376 | 4,815 | -5,223 | |
| Appropriation of the result | |||||||||||||||||||
9906 |
-7,410 | -34,143 | -50,732 | -47,726 | -40,919 | -39,070 | -37,088 | -34,629 | -15,276 | -14,420 | -33,894 | -50,940 | -50,994 | -42,401 | -60,465 | -74,960 | -84,335 | -89,150 | |
14P |
-34,143 | -50,732 | -47,726 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||
The accounts for 15 older financial years (1991-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 1 item. You find them in the filed accounts (PDF).
Source: Annual accounts 2023 (PDF), filed on 21-11-2024.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2023 | micro format | 21-11-2024 | 2024-00603040 | |
| 31-12-2022 | micro format | 06-06-2023 | 2023-00108692 | |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20098666 | |
| 31-12-2020 | micro format | 07-07-2021 | 2021-32500005 | |
| 31-12-2019 | micro format | 05-08-2020 | 2020-39900379 | |
| 31-12-2018 | micro format | 11-06-2019 | 2019-17300564 | |
| 31-12-2017 | micro format | 04-07-2018 | 2018-29300422 | |
| 31-12-2016 | micro format | 25-07-2017 | 2017-36000530 | |
| 31-12-2015 | abbreviated format | 20-06-2016 | 2016-20000240 | |
| 31-12-2014 | abbreviated format | 01-06-2015 | 2015-14000318 | |
| 31-12-2013 | abbreviated format | 04-06-2014 | 2014-15600371 | |
| 31-12-2012 | abbreviated format | 11-06-2013 | 2013-16800162 | |
| 31-12-2011 | abbreviated format | 31-05-2012 | 2012-14100142 | |
| 31-12-2010 | abbreviated format | 05-07-2011 | 2011-26500366 | |
| 31-12-2009 | abbreviated format | 02-06-2010 | 2010-14800380 | |
| 31-12-2008 | abbreviated format | 12-05-2009 | 2009-14600343 | |
| 31-12-2007 | abbreviated format | 20-06-2008 | 2008-26700388 | |
| 31-12-2006 | abbreviated format | 27-07-2007 | 2007-49400277 | |
| 31-12-2005 | abbreviated format | 31-08-2006 | 2006-75603816 | |
| 31-12-2004 | abbreviated format | 31-08-2006 | 2006-75603803 | |
| 31-12-2003 | abbreviated format | 24-02-2005 | 2005-06000369 | |
| 31-12-2002 | abbreviated format | 05-06-2003 | 2003-20002282 | |
| 31-12-2001 | abbreviated format | 03-09-2002 | 2002-52804737 | |
| 31-12-2000 | abbreviated format | 24-07-2001 | 2001-42804939 | |
| 31-12-1999 | abbreviated format | 15-03-2000 | 2000-06804908 | |
| 31-12-1998 | abbreviated format | 07-09-1999 | 1999-44604753 | |
| 31-12-1997 | abbreviated format | 15-05-1998 | 1998-09802601 | |
| 31-12-1996 | abbreviated format | 30-07-1997 | 1997-34702296 | |
| 31-12-1995 | abbreviated format | 11-06-1996 | 1996-14704156 | |
| 31-12-1994 | abbreviated format | 06-10-1995 | 1995-53000977 | |
| 31-12-1993 | abbreviated format | 30-08-1994 | 1994-37603590 | |
| 31-12-1992 | abbreviated format | 29-09-1993 | 1993-37603403 | |
| 31-12-1991 | abbreviated format | 17-07-1992 | 1992-23004458 |
| Line | Trend | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - | - | -1,423 | 19,736 | 17,685 | - | -8,374 | 17,914 | 14,638 | 9,853 | - | - | ||
| - | - | - | - | - | - | - | - | -738 | 19,592 | 17,163 | - | -8,408 | 18,294 | 14,770 | 9,836 | - | - | ||
| - | - | - | - | - | - | - | - | 0 | 0 | 353 | - | 0 | 0 | 0 | 1,150 | - | - | ||
| - | 5,131 | 6,543 | 2,693 | -833 | 384 | 321 | -9,303 | 1,369 | -14,458 | 13,244 | 1,475 | -11,355 | 1,001 | -1,722 | 14,099 | 5,361 | - | ||
| - | -6,267 | -22,856 | -19,850 | -13,043 | -11,194 | -9,213 | -6,753 | 12,600 | 13,338 | -5,854 | -22,763 | -23,118 | -14,710 | -32,986 | -47,774 | -56,460 | -61,275 | ||
| 100.0% | -24.4% | -114.4% | -146.8% | -110.3% | -76.2% | -56.2% | -42.0% | 46.6% | 53.4% | -24.3% | -209.3% | -276.4% | -47.1% | -110.0% | -222.1% | -761.2% | - | ||
| - | 0.80 | 0.47 | 0.41 | 0.48 | 0.57 | 0.64 | 0.70 | 1.87 | 2.14 | 0.81 | 0.33 | 0.27 | 0.68 | 0.47 | 0.30 | 0.12 | - | ||
| - | - | - | - | - | - | - | - | 1.15 | 0.87 | - | - | - | - | - | - | - | - | ||
| 130.6% | - | - | - | - | - | - | - | -6.8% | 144.7% | - | - | - | - | - | - | - | - | ||
| 130.6% | 64.6% | -15.0% | -50.4% | -15.6% | -13.5% | -15.0% | -120.4% | -3.2% | 77.3% | 68.7% | 0.5% | -102.7% | 58.6% | 48.9% | 44.2% | 64.9% | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 146 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2023 is 65% higher than in 2022 and the highest since 2006. It is the third rise in a row, after the fall in 2020.
M & E has no parent and no holdings in its annual accounts. Yilmaz Yüksel is the only director. M & E shares no director with another company.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Leemkuilstraat 9 registered office 3630 Maasmechelen | ||
| Salvialaan 51 2980 Zoersel 46319 Wholesale of fruit and vegetables, excluding potatoes | 07-05-1991 | 2.052.729.044 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 73060B0071/00L000 | 1.2 ha | 1 · 2,014 m² | 0.1 m |
| 11017A0639/00B000 | 881 m² | 1 · 223 m² | 6.7 m · 1 |
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