MAMECO
ActiveSummary
MAMECO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-8k) and a net result of €-7k. Equity is shrinking by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 10% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▲+4
Solvency11▼-14
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 13.96 against 2.5 in 2024; short-term debt: 7.1% and cash: 28.9% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-13.8%
Return on assets
-13.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-8k
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
46 d late
2024
16 d early
2023
43 d early
2022
41 d early
2021
33 d early
2020
47 d early
2019
29 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-8k▼ 2,628%
2024 · €-277
2018: €38k
2019: €37k
2020: €45k
2021: €53k
2022: €69k
2023: €37k
2024: €-277
2018 → 2025
Total assets
€55k▼ 36.2%
2024 · €86k
2018: €105k
2019: €104k
2020: €113k
2021: €116k
2022: €126k
2023: €146k
2024: €86k
2018 → 2025
Net result
€-7k▲ 80.7%
2024 · €-38k
2018: €-14k
2019: €-1k
2020: €8k
2021: €7k
2022: €16k
2023: €-32k
2024: €-38k
2018 → 2025
Working capital
€51k▲ 14.6%
2024 · €44k
2018: €83k
2019: €85k
2020: €97k
2021: €107k
2022: €125k
2023: €94k
2024: €44k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€53k-€69k▲ 30.3%€37k▼ 45.8%€-277€-8k▼ 2,628%
Operating result€8k-€16k▲ 114%€-32k€-38k▼ 19.0%€-5k▲ 86.6%
Net result€7k-€16k▲ 115%€-32k€-38k▼ 19.0%€-7k▲ 80.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €38k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €55k
Fixed assets
€124 ▼ 99.0%
Current assets
€55k ▼ 25.8%
Key figures and ratios
Solvency
-13.8%▼
2024 · -0.3%
Current ratio
13.96▲
2024 · 2.50
Quick ratio
8.86▲
2024 · 1.36
Debt to equity
-8.26
ROA
-13.3%▲
2024 · -43.8%
Debt
€62k▼
2024 · €86k
Debt ≤ 1 year
€4k▼
2024 · €29k
Debt > 1 year
€58k▲
2024 · €57k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€86k€55k▼
Fixed assets21/28€12k€124▼
Tangible fixed assets22/27€12k-
Furniture and vehicles24€12k-
Financial fixed assets28€124€124=
Current assets29/58€74k€55k▼
Stocks and contracts in progress3€34k€20k▼
Stocks30/36€34k€20k▼
Amounts receivable within one year40/41€12k€19k▲
Trade receivables40€12k€19k▲
Other amounts receivable41€476€45▼
Cash at bank and in hand54/58€27k€16k▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€86k€55k▼
Equity10/15€-277€-8k▼
Contributions10/11€74k€74k=
Capital10€74k€74k=
Issued capital100€74k€74k=
Reserves13€7k€7k=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Profit (loss) carried forward14€-82k€-89k▼
Amounts payable17/49€86k€62k▼
Amounts payable after more than one year17€57k€58k▲
Financial debts170/4€57k€58k▲
Amounts payable within one year42/48€29k€4k▼
Trade debts44€13k€2k▼
Suppliers440/4€13k€2k▼
Taxes, remuneration and social security45€598€2k▲
Taxes450/3€481€2k▲
Remuneration and social security454/9€117€117=
Other amounts payable47/48€16k-
Income statement
Code20242025
Non-recurring operating income76A€51k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48-
Other operating charges640/8€585€1k▲
Non-recurring operating charges66A€56k-
Gross operating margin9900€19k€-4k▼
Operating profit (loss)9901€-38k€-5k▲
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€41€2k▲
Recurring financial charges65€41€43▲
Non-recurring financial charges66B-€2k
Profit (loss) for the period before taxes9903€-38k€-7k▲
Profit (loss) for the period9904€-38k€-7k▲
Profit (loss) for the period to be appropriated9905€-38k€-7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-82k€-89k▼
Profit (loss) brought forward from the previous period14P€-44k€-82k▼
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
15-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 46 days late
2025
31-12
Financial
Liquidity times 6current ratio 13.96
Current ratio from 2.50 to 13.96; short-term debt falls from €29k to €4k.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €16k ▲115%
Operating result €16k, net result €16k, both a record.
31-12
Financial
Liquidity times 10current ratio 198.35
Current ratio from 18.97 to 198.35; short-term debt falls from €6k to €636.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-06
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
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, Waterloo · 1 establishment unit since 2009
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.
Av. Princesse Joséphine-Charl. 361410 Waterloo1 establishment unit
MAMECO
since 20092.178.889.521
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Of 10,671 companies in sector 47811 we hold annual accounts for 5,222. 3,128 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-02-1990
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filings
Scores and ratios are computed by Checked and are not a credit decision.