ME Concept
ActiveThe computed 12-month bankruptcy probability of ME Concept is 3.7% (moderate). The 2025 annual accounts show negative equity (€-9k) and a net result of €-11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 2029 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
16
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0▼-32
Growth58▲+6
Track record100
Bankruptcy probability, 12 months
3.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.3 against 0.41 in 2024; short-term debt: 132.5% and cash: 5.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
-32.5%
Return on assets
-41.4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-9k
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 · 7 filingsDeviation from the deadline
2025
29 d early
2024
34 d early
2023
33 d early
2022
31 d early
2021
17 d early
2020
25 d early
2019
29 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 monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-11k▲ 59.4%
2024 · €-27k
2019: €-12k
2020: €5k
2021: €5k
2022: €1k
2023: €23k
2024: €-27k
2019 → 2025
Working capital
€-25k▼ 25.7%
2024 · €-20k
2019: €-7k
2020: €-1k
2021: €5k
2022: €6k
2023: €29k
2024: €-20k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5k-€6k▲ 28.7%€29k▲ 359%€2k▼ 92.0%€-9k
Operating result€5k-€3k▼ 44.5%€34k▲ 1,043%€-28k€-11k▲ 61.9%
Net result€5k-€1k▼ 73.4%€23k▲ 1,509%€-27k€-11k▲ 59.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €28k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27k
Fixed assets
€16k▼ 26.9%
Current assets
€10k▼ 24.2%
Key figures and ratios
EBITDA
€-5k▲
2024 · €-23k
Cash flow
€-5k▲
2024 · €-22k
Solvency
-32.5%▼
2024 · 6.6%
Current ratio
0.30▼
2024 · 0.41
Quick ratio
0.30▼
2024 · 0.41
Debt / equity
-4.07▼
2024 · 14.19
ROA
-41.4%▲
2024 · -75.6%
Interest coverage
-20.56▲
2024 · -83.67
Debt
€35k▲
2024 · €33k
Debt ≤ 1 year
€35k▲
2024 · €33k
Staff costs
€59k▲
2024 · €58k
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€36k€27k▼
Fixed assets21/28€22k€16k▼
Tangible fixed assets22/27€22k€16k▼
Furniture and vehicles24€22k€16k▼
Financial fixed assets28€260€260=
Current assets29/58€14k€10k▼
Amounts receivable within one year40/41€12k€9k▼
Trade receivables40€7k€4k▼
Other amounts receivable41€5k€4k▼
Cash at bank and in hand54/58€2k€1k▼
Deferred charges and accrued income490/1-€188
Equity and liabilities
Total equity and liabilities10/49€36k€27k▼
Equity10/15€2k€-9k▼
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Profit (loss) carried forward14€-4k€-15k▼
Amounts payable17/49€33k€35k▲
Amounts payable within one year42/48€33k€35k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€13k€13k▲
Taxes450/3€5k€456▼
Remuneration and social security454/9€8k€13k▲
Other amounts payable47/48€18k€21k▲
Income statement
Code20242025
Remuneration, social security and pensions62€58k€59k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€704€502▼
Gross operating margin9900€36k€55k▲
Operating profit (loss)9901€-28k€-11k▲
Financial income75/76B€64-
Recurring financial income75€64-
Financial charges65/66B€277€235▼
Recurring financial charges65€277€235▼
Profit (loss) for the period before taxes9903€-28k€-11k▲
Income taxes67/77€-1k-
Profit (loss) for the period9904€-27k€-11k▲
Profit (loss) for the period to be appropriated9905€-27k€-11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-15k▼
Profit (loss) brought forward from the previous period14P€23k€-4k▼
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (4 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-27k ▼218%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2019net €23k ▲1509%
Operating result €34k, net result €23k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.99
Current ratio from 1.34 to 2.99; short-term debt falls from €18k to €15k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Seraing · 1 establishment unit since 2018
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 de Boncelles 4714102 SeraingGround area
538 m²
Building footprint
45 m²
Volume, LiDAR
396 m³
Parcel 62357G0927/00D032, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ME Concept
since 20182.281.701.702
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62357G0927/00D032 | Wallonia | 538 m² | 1 · 45 m² | 10.8 m · 3 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.
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AIR-COMFORT
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 2,097 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-09-2018
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43350Other building finishing work
46842Wholesale trade
43230Insulation installation
43240Other construction installation
43299Specialised construction activities
43320Joinery installation
43343Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.