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M & E ENGINERING

Active
Private limited companyfounded 200125 yrs activeGrootreesdijk 30, 2460 Kasterlee, BelgiumKBO/BCE: BE 0473.991.983

M & E ENGINERING has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123k and a net result of €33k. Equity is growing by ~9.9% per year across the filed fiscal years. Its solvency ranks better than 38% of 1893 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
65 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-6
Solvency58▼-42
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 7.1 in 2024; short-term debt: 66.5% and cash: 17.7% of total assets), and 66.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 25 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
33.5%
Return on assets
9.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-03-2026, 150 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
150 d early
2024
163 d early
2023
154 d early
2022
98 d early
2021
139 d early
2020
116 d early
2019
74 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€123k▼ 58.9%
2024 · €299k
2018: €151k 2019: €155k 2020: €208k 2021: €271k 2022: €299k 2023: €283k 2024: €299k
2018 → 2025
Total assets
€367k▲ 7.5%
2024 · €341k
2018: €297k 2019: €293k 2020: €288k 2021: €357k 2022: €363k 2023: €369k 2024: €341k
2018 → 2025
Net result
€33k▼ 30.7%
2024 · €48k
2018: €17k 2019: €14k 2020: €83k 2021: €78k 2022: €48k 2023: €41k 2024: €48k
2018 → 2025
Working capital
€95k▼ 63.4%
2024 · €259k
2018: €-15k 2019: €-20k 2020: €107k 2021: €266k 2022: €290k 2023: €275k 2024: €259k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€271k-€299k▲ 10.6%€283k▼ 5.3%€299k▲ 5.4%€123k▼ 58.9%
Operating result€112k-€66k▼ 41.0%€55k▼ 16.3%€66k▲ 19.7%€45k▼ 31.3%
Net result€78k-€48k▼ 37.8%€41k▼ 14.9%€48k▲ 16.9%€33k▼ 30.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2021: €112k€112kNet result 2021: €78k€78kOperating result 2022: €66k€66kNet result 2022: €48k€48kOperating result 2023: €55k€55kNet result 2023: €41k€41kOperating result 2024: €66k€66kNet result 2024: €48k€48kOperating result 2025: €45k€45kNet result 2025: €33k€33k20212022202320242025
The operating result falls in 2025; 2025 is 31% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €367k
Fixed assets €28k▼ 29.1%
Current assets €339k▲ 12.3%
Equity and liabilities €367k
Equity €123k▼ 58.9%
Debt €244k▲ 474%
The debt ratio rises from 12.5% to 66.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€58k
2024 · €68k
Cash flow
€46k
2024 · €51k
Solvency
33.5%
2024 · 87.5%
Current ratio
1.39
2024 · 7.10
Quick ratio
1.39
2024 · 7.10
Debt / equity
1.99
2024 · 0.14
ROE
27.2%
2024 · 16.1%
ROA
9.1%
2024 · 14.1%
Interest coverage
93.48
2024 · 105.99
Debt
€244k
2024 · €43k
Debt ≤ 1 year
€244k
2024 · €43k
Income taxes
€17k
2024 · €23k
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€341k€367k
Fixed assets21/28€39k€28k
Tangible fixed assets22/27€39k€28k
Land and buildings22€4k€3k
Plant, machinery and equipment23€3k€4k
Furniture and vehicles24€32k€21k
Current assets29/58€302k€339k
Amounts receivable after more than one year29€262k€253k
Other amounts receivable291€262k€253k
Amounts receivable within one year40/41€24k€21k
Trade receivables40€24k€12k
Other amounts receivable41€0€9k
Cash at bank and in hand54/58€16k€65k
Equity and liabilities
Total equity and liabilities10/49€341k€367k
Equity10/15€299k€123k
Contributions10/11€100€100=
Reserves13€299k€123k
Distributable reserves133€299k€123k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€43k€244k
Amounts payable within one year42/48€43k€244k
Current portion of amounts payable after more than one year42€4k€4k=
Trade debts44€3k€9k
Suppliers440/4€3k€9k
Taxes, remuneration and social security45€13k€22k
Taxes450/3€13k€22k
Other amounts payable47/48€23k€209k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€13k
Other operating charges640/8€304€700
Non-recurring operating charges66A€788€0
Gross operating margin9900€69k€59k
Operating profit (loss)9901€66k€45k
Financial income75/76B€6k€6k
Recurring financial income75€6k€6k
Financial charges65/66B€645€623
Recurring financial charges65€645€623
Profit (loss) for the period before taxes9903€71k€50k
Income taxes67/77€23k€17k
Profit (loss) for the period9904€48k€33k
Profit (loss) for the period to be appropriated9905€48k€33k
Appropriation of the result
Profit (loss) to be appropriated9906€48k€33k
Transfer from equity791/2€14k€209k
Transfer to equity691/2€48k€33k
To other reserves6921€48k€33k
Profit to be distributed694/7€14k€209k
Return on contributions (dividend)694€14k€209k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
18-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
28-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
24-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
14-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
06-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €83k ▲474%
Operating result €126k, net result €83k, both a record.
31-12
Financial Liquidity triplescurrent ratio 2.34
Current ratio from 0.73 to 2.34.
31-12
Financial Equity above €200kEq €208k ▲34%
3 profitable years in a row build equity to €208k.
18-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €14k ▼16.1%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
07-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
09-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
06-04
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Kasterlee · 1 establishment unit since 2001
establishment The establishment unit on the map
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.

Grootreesdijk 302460 Kasterlee
Ground area
1,806 m²
Building footprint
200 m²
Volume, LiDAR
1,293 m³
Parcel 13017G0074/00W000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Grootreesdijk 30, 2460 Kasterlee
NACE 70201
since 20012.095.404.094
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13017G0074/00W000 Flanders 1,806 m² 1 · 200 m² 9.8 m · 2 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

Of 108 companies in sector 25639 we hold annual accounts for 81. 62 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded01-02-2001
Fiscal year end31-12
Activities, NACEBEL
25639Manufacture of fabricated metal products, except machinery and equipment
70111
25999Manufacture of fabricated metal products, except machinery and equipment
28990Manufacture of machinery and equipment not elsewhere classified
33120Repair and maintenance of machinery
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.