M.E.P.I.
ActiveM.E.P.I. has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €106k and a net result of €59k. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 80% of 15866 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
100
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 4.34 against 2.41 in 2023), and 22.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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 dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 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
not confirmed
2024
55 d late
2023
40 d late
2022
32 d late
2021
59 d late
2020
10 d late
2019
4 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€106k▲ 126%
2023 · €47k
2018: €21k
2019: €27k
2020: €31k
2021: €28k
2022: €32k
2023: €47k
2018 → 2024
Total assets
€136k▲ 77.2%
2023 · €77k
2018: €39k
2019: €43k
2020: €48k
2021: €50k
2022: €56k
2023: €77k
2018 → 2024
Net result
€59k▲ 81.1%
2023 · €33k
2018: €4k
2019: €5k
2020: €4k
2021: €15k
2022: €10k
2023: €33k
2018 → 2024
Working capital
€102k▲ 141%
2023 · €43k
2018: €19k
2019: €26k
2020: €28k
2021: €23k
2022: €29k
2023: €43k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€31k-€28k▼ 10.2%€32k▲ 15.7%€47k▲ 46.9%€106k▲ 126%
Operating result€6k-€18k▲ 212%€14k▼ 23.5%€42k▲ 203%€74k▲ 78.2%
Net result€4k-€15k▲ 264%€10k▼ 30.5%€33k▲ 215%€59k▲ 81.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 78% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €136k
Fixed assets
€3k▼ 19.4%
Current assets
€133k▲ 82.9%
Equity and liabilities €136k
Equity
€106k▲ 126%
Debt
€31k▲ 1.5%
The debt ratio falls from 39.2% to 22.4%: equity grows faster than debt.
Key figures and ratios
EBITDA
€75k▲
2023 · €44k
Cash flow
€60k▲
2023 · €35k
Solvency
77.6%▲
2023 · 60.8%
Current ratio
4.34▲
2023 · 2.41
Quick ratio
3.29▲
2023 · 1.06
Debt / equity
0.29▼
2023 · 0.64
ROE
55.7%▼
2023 · 69.5%
ROA
43.2%▲
2023 · 42.3%
Interest coverage
48.64▲
2023 · 33.59
Debt
€31k▲
2023 · €30k
Debt ≤ 1 year
€31k▲
2023 · €30k
Income taxes
€16k▲
2023 · €8k
Staff costs
€21k▼
2023 · €24k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€77k€136k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€2k€2k▼
Financial fixed assets28€30€30=
Current assets29/58€73k€133k▲
Stocks and contracts in progress3€41k€32k▼
Stocks30/36€41k€32k▼
Amounts receivable within one year40/41€30k€67k▲
Trade receivables40€19k€25k▲
Other amounts receivable41€11k€43k▲
Cash at bank and in hand54/58€283€32k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€77k€136k▲
Equity10/15€47k€106k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Reserves13€2k€52k▲
Non-distributable reserves130/1€2k€52k▲
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Other1319-€50k
Profit (loss) carried forward14€26k€35k▲
Amounts payable17/49€30k€31k▲
Amounts payable within one year42/48€30k€31k▲
Financial debts43€5k-
Credit institutions430/8€5k-
Trade debts44€6k€6k▼
Suppliers440/4€6k€6k▼
Taxes, remuneration and social security45€18k€25k▲
Taxes450/3€17k€25k▲
Remuneration and social security454/9€2k-
Income statement
Code20232024
Remuneration, social security and pensions62€24k€21k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€838▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1k
Other operating charges640/8€2k€416▼
Non-recurring operating charges66A€58€197▲
Gross operating margin9900€70k€98k▲
Operating profit (loss)9901€42k€74k▲
Financial income75/76B€517€2k▲
Recurring financial income75€517€2k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€41k€75k▲
Income taxes67/77€8k€16k▲
Profit (loss) for the period9904€33k€59k▲
Profit (loss) for the period to be appropriated9905€33k€59k▲
Appropriation of the result
Profit (loss) to be appropriated9906€44k€85k▲
Profit (loss) brought forward from the previous period14P€11k€26k▲
Transfer to equity691/2-€50k
To other reserves6921-€50k
Profit to be distributed694/7€18k-
Return on contributions (dividend)694€8k-
Directors or managers695€10k-
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
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
31-12
Financial
Highest result since 2018net €59k ▲81.1%
Operating result €74k, net result €59k, both a record.
31-12
Financial
Equity above €100kEq €106k ▲126%
7 profitable years in a row build equity to €106k.
09-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 40 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-12
Financial
Weakest financial yearnet €4k ▼20.2%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
22-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial 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, Sombreffe · 1 establishment unit since 2001
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.
Rue des Hurchets 225140 SombreffeGround area
1,890 m²
Building footprint
50 m²
Parcel 92114G0359/00P000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue des Hurchets 22, 5140 Sombreffe
since 20012.054.624.108
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92114G0359/00P000 | Wallonia | 1,890 m² | 1 · 49 m² | - |
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
E&S SOLAR
BE 0819.305.649
Tongeren-Borgloon · Eq €106k
Theunis Electro
BE 0470.730.607
Oud-Turnhout · Eq €106k
VANHAVERBEKE G. & J.
BE 0449.428.219
Kortrijk · Eq €106k
Sigma
BE 0797.907.251
Antwerpen · Eq €106k
GRAFFEO PROJET ET MAINTENANCE
BE 0803.288.870
Tournai · Eq €106k
Of 22,740 companies in sector 43211 we hold annual accounts for 10,275. 8,744 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-10-1991
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
46620Wholesale of machine tools
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.