Turnover
≈ €27,000 estimated
The accounts state no turnover.
MECO2
Lifetime
17 annual accounts with figures on one time axispeak €20,872 (2012)
€4,058▼ 20.8%
lowest -€19,925 (2009)
-€5,018▼ €8,338
peak €23,677 (2016)
€16,734▼ 23.1%
€803,108▼ 1.6%
Board2 names since 2021
1 directorNys Manuel
Owners3 names in the annual accounts
Documentsfilings and deeds
02-07-202629 days before the deadline
2025abbreviated format
Gross margin from €5,122 to €4,058Loss of €5,018Equity from €21,752 to €16,734Cash from €41,427 to €23,502
Key points
from the 2025 annual accountsChecked score
87
Excellent
Financially stronger than 20% of micro companies in research and development (NACE 72)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 934 companies (NACE 72, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.8%▲ +0.1 percentage points vs 04-2025highest value
06-2025: 0.3%▼ -0.5 percentage points vs 05-2025
07-2025: 0.4%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%▼ -0.3 percentage points vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.2%▲ +0.1 percentage points vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.1%▼ -0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Equity €16,734 (2.0% of total assets)
Liquidity: current ratio 1.02, cash €23,502
lowers risk
Size: total assets €819,842
Figures for financial year 2025 (filed on 02-07-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 72, micro). It does better than 19% of them on solvency, 3% on liquidity, 32% on profitability and 25% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 912 companies had the same profile as MECO2 has now. Each dot stands for 3 companies, two years later.
95.3%
were still trading
2.1%
stopped another way
2.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MECO2 itself is lower: 0.1% within 12 months. It rests on far more data about MECO2 than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 912 companies, not a prediction for MECO2. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.02 (1.03 in 2024), below the usual 1.5. Short-term debt is 98% and cash 2.9% of total assets. 98% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 271 sector peers (2025).
NBB · sector comparisonPosition among 271 sector peers
Solvency
better than 22%
← weakest
strongest →
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 days early
2024
13 days early
2023
34 days early
2022
7 days early
2021
19 days late
2020
10 days late
2019
51 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 72), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0806915185
Company renamed from M=ECO² to MECO2
Capital contribution of €35,000 · General meeting of 17-01-2024 · Gazette deed
Registered office moved to Lint
New registered office: Beekhoekstraat 43 te 2547 Lint · Resignation: Kristof Vermeiren (director) · Director discharge: Kristof Vermeiren · General meeting of 01-07-2021 · Gazette deed
Incorporation
published on 15-10-2008 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MECO2 Lint | €0.8m | €4,058 | 2.0% | - |
| RESEARCH LINK Thuin | €0.5m | €4,798 | 55.3% | - |
| SHANT LABORATORIES BELGIUM Tubize | €1.1m | €3,404 | -38.2% | - |
| ELEONOR Waterloo | €0.8m | -€164,868 | 40.3% | 1 |
| IN-BETWEEN INTERNATIONAL Watermael-Boitsfort | €1.0m | -€470,113 | -2.7% | - |
| MEDIF Thuin | €0.7m | -€46,295 | 65.0% | - |
| RHEA- natural Resources, Human Environment and Agronomy Chastre | €0.4m | €1,784 | 83.8% | - |
These companies have the same main activity as MECO2: other research and development on natural sciences (NACE 72109). They are comparable in size and age: total assets between €372,000 and €1.1m, founded between 1999 and 2010.
Official details
Source: KBO- Status
- Active since 03-10-2008Normal situation
- Activity
- Other research and development on natural sciencesNACE 72109
- Establishment unit
- 2.175.069.8972900 Schoten, since 03-10-2008
- Financial year end
- 31 December
- Peppol
- Reachable since 20-04-2026
Annual accounts 2025
- €819,842▼ 2.1%
- Filing
- Filed on 02-07-2026, 29 days before the end of the filing period
Insights on MECO2
MECO2 files the abbreviated format. That format states no turnover. The gross margin rose from -€18,836 in 2009 to €4,058 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MECO2
- What is the company number of MECO2?
- The company number of MECO2 is 0806.915.185. The VAT number is the same number with BE in front: BE 0806.915.185.
- Where is MECO2 based?
- The registered office is at Beekhoekstraat 43, 2547 Lint.Company details
- What does MECO2 do?
- According to the KBO register, the main activity is other research and development on natural sciences (NACE 72109).
- What is the legal form of MECO2?
- MECO2 is a private limited company (BV).
- When was MECO2 founded?
- MECO2 was founded on 03-10-2008.
- Is MECO2 still active?
- Yes, MECO2 is an active enterprise in the KBO register.
- What is the turnover of MECO2?
- The turnover in financial year 2025 is ≈ €27,000. This figure is estimated from the gross margin of €4,058 and 2,724 comparable companies of the same size. It probably lies between €11,000 and €69,000. It is a rough estimate.Financials
- Is MECO2 profitable?
- In financial year 2025, MECO2 made a loss of €5,018.
- Where can I find the annual accounts of MECO2?
- MECO2 filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MECO2 due?
- MECO2 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.