M.E.C. LINE
ActiveM.E.C. LINE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €242k and a net result of €9k. Equity is shrinking by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 70% of 11185 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability18▼-63
Solvency67▼-33
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days only on tighter terms
Liquidity short (current ratio 0.32 against 2.27 in 2024), and 32.8% of the assets are financed with debt.
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○neutral
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.2%
Return on assets
2.4%
Age of the figures
14 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €242k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-02-2026, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
17 d late
2024
108 d late
2023
29 d late
2022
on the day
2021
14 d late
2020
on the day
2019
63 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close13-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€242k▲ 3.7%
2024 · €234k
2019: €382k
2020: €402k
2021: €310k
2022: €249k
2023: €196k
2024: €234k
2019 → 2025
Total assets
€361k▲ 3.1%
2024 · €350k
2019: €439k
2020: €440k
2021: €339k
2022: €363k
2023: €296k
2024: €350k
2019 → 2025
Net result
€9k▼ 77.1%
2024 · €38k
2019: €27k
2020: €20k
2021: €-2k
2022: €17k
2023: €-23k
2024: €38k
2019 → 2025
Working capital
€-62k
2024 · €112k
2019: €230k
2020: €251k
2021: €189k
2022: €128k
2023: €75k
2024: €112k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€310k-€249k▼ 19.6%€196k▼ 21.4%€234k▲ 19.3%€242k▲ 3.7%
Operating result€-7k-€23k€-23k€-22k▲ 1.7%€-34k▼ 53.1%
Net result€-2k-€17k€-23k€38k€9k▼ 77.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €34k in 2025 against €22k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €361k
Fixed assets
€331k▲ 123%
Current assets
€29k▼ 85.4%
Equity and liabilities €361k
Equity
€242k▲ 3.7%
Provisions
€28k=
Debt
€91k▲ 2.5%
The debt ratio falls from 25.4% to 25.2%: equity grows faster than debt.
Key figures and ratios
EBITDA
€-29k
Cash flow
€14k
Solvency
67.2%▲
2024 · 66.8%
Current ratio
0.32▼
2024 · 2.27
Quick ratio
0.32▼
2024 · 2.27
Debt / equity
0.38▼
2024 · 0.38
ROE
3.6%▼
2024 · 16.1%
ROA
2.4%▼
2024 · 10.8%
Interest coverage
-26.08
Debt
€91k▲
2024 · €89k
Debt ≤ 1 year
€91k▲
2024 · €89k
Income taxes
€850▼
2024 · €4k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€350k€361k▲
Fixed assets21/28€149k€331k▲
Tangible fixed assets22/27-€183k
Land and buildings22-€183k
Financial fixed assets28€149k€149k=
Current assets29/58€201k€29k▼
Amounts receivable within one year40/41€198k€24k▼
Trade receivables40€15k-
Other amounts receivable41€183k€24k▼
Cash at bank and in hand54/58€1k€5k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€350k€361k▲
Equity10/15€234k€242k▲
Contributions10/11€6k€6k=
Reserves13€71k€78k▲
Non-distributable reserves130/1€11k€11k=
Reserves not available under the articles1311€11k€11k=
Distributable reserves133€60k€68k▲
Profit (loss) carried forward14€156k€158k▲
Provisions and deferred taxes16€28k€28k=
Provisions for liabilities and charges160/5€28k€28k=
Other liabilities and charges164/5€28k€28k=
Amounts payable17/49€89k€91k▲
Amounts payable within one year42/48€89k€91k▲
Financial debts43€10k-
Credit institutions430/8€10k-
Trade debts44€9k€10k▲
Suppliers440/4€9k€10k▲
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€4k€4k▲
Other amounts payable47/48€66k€77k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€5k
Other operating charges640/8€448€1k▲
Gross operating margin9900€-22k€-28k▼
Operating profit (loss)9901€-22k€-34k▼
Financial income75/76B€65k€45k▼
Recurring financial income75€65k€45k▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€41k€9k▼
Income taxes67/77€4k€850▼
Profit (loss) for the period9904€38k€9k▼
Profit (loss) for the period to be appropriated9905€38k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€191k€165k▼
Profit (loss) brought forward from the previous period14P€154k€156k▲
Transfer to equity691/2€35k€8k▼
To other reserves6921€35k€8k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
19-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 108 days late
2024
30-06
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
30-06
Financial
Equity above €200kEq €234k ▲19.3%
Equity rises from €196k to €234k.
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-06
Financial
Weakest financial yearnet €-23k ▼235%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
14-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 14 days late
2021
30-06
Financial
Liquidity quadruplescurrent ratio 98.52
Current ratio from 25.06 to 98.52; short-term debt falls from €10k to €2k.
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Liquidity triplescurrent ratio 25.06
Current ratio from 8.90 to 25.06; short-term debt falls from €29k to €10k.
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
16-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Brussel · 1 establishment unit since 2003
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.
Louizalaan 4971050 BrusselGround area
192 m²
Building footprint
192 m²
Volume, LiDAR
3,990 m³
Parcel 21822R0224/00A008, Brussels · tallest building 28.8 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
M.E.C. LINE
since 20032.134.100.661
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0224/00A008 | Brussels | 192 m² | 1 · 192 m² | 28.8 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
VERBUECKEN
BE 0444.762.618
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ROSENKRANZ & CO
BE 0474.019.006
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SPORTICA
BE 0875.881.195
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ENGODI
BE 0423.918.407
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NON - STOP FASHION
BE 0453.955.644
Kontich · Eq €251k
Of 683 companies in sector 46412 we hold annual accounts for 512. 405 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-01-2001
Fiscal year end30-06
Activities, NACEBEL
46412Wholesale of household textiles and bedding
51410
47512Retail sale of household textiles and bedding
52410
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.