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ME GROUP BELGIUM

Active
Public limited companyfounded 1970active for 56 yearsRue François Englert 20, 1480 Tubize, BelgiumKBO/BCE: BE 0407.053.075
Summary

The computed 12-month bankruptcy probability of ME GROUP BELGIUM is 3.8% (moderate). The 2024 annual accounts show equity of €3.0m and a net result of €68,810. Equity is growing by about 4.6% per year across the filed financial years. Its solvency ranks better than 40% of 166 sector peers (NACE 26, financial year 2024). The company has been active since 1970 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
ME GROUP BELGIUMActiveChecked score 49/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of computer, electronic and optical products
NACE 26700Other photographic activities NACE 74209
Oldest company in Walloon Brabant, Computer and electronic products sector1 site
Size
€8.0mturnover 2024
Staff
18.8 FTE
Equity
€3.0m
Profit
€68,810
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.8%
Structure
Parent
PHOTO-ME International PL
Holdings
1
2025 accounts not filed, 148 days past the deadline3 of 12 deeds summarised
Why 49raises riskFigures for financial year 2024 (filed 07-02-2026)1 financial year not filed after the legal deadline; last filed accounts filed 250 days late; 3 of the last 3 late1 change of registered office in 24 monthslowers riskSector: Manufacture of computer, electronic and optical products (NACE 26)Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 40% of its sector peers (NACE 26, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Average
Solvency 63-5
equity 37.9% of total assets
Liquidity 30-6
short-term debt 55.2% · cash 6.8%
Profitability 68-9
return on assets 0.9%
Bankruptcy probability, 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (115 companies, NACE 26, small)
Last 24 months 11-2024: 1.0% 12-2024: 0.3%▼ -0.7 percentage points vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.2%▼ -0.1 percentage points vs 01-2025lowest value 03-2025: 0.3%▲ +0.1 percentage points vs 02-2025 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.6%▲ +0.1 percentage points vs 05-2025 07-2025: 0.8%▲ +0.2 percentage points vs 06-2025 08-2025: 1.1%▲ +0.3 percentage points vs 07-2025 09-2025: 1.2%▲ +0.1 percentage points vs 08-2025 10-2025: 1.5%▲ +0.3 percentage points vs 09-2025 11-2025: 2.2%▲ +0.7 percentage points vs 10-2025 12-2025: 2.2%● unchanged vs 11-2025 01-2026: 2.2%● unchanged vs 12-2025 02-2026: 1.9%▼ -0.3 percentage points vs 01-2026 03-2026: 1.0%▼ -0.9 percentage points vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.4%▲ +0.4 percentage points vs 05-2026 07-2026: 1.7%▲ +0.3 percentage points vs 06-2026 08-2026: 2.5%▲ +0.8 percentage points vs 07-2026 09-2026: 2.5%● unchanged vs 08-2026 10-2026: 3.8%▲ +1.3 percentage points vs 09-2026highest value
Credit of up to €140,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity insufficient (current ratio 0.54, compared with 0.91 in 2023, below 1; short-term debt: 55.2% and cash: 6.8% of total assets), and 62.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 26, small): better than 38% on solvency, 17% on liquidity, 49% on profitability and 58% on growth.

The bankruptcy probability was computed on 26-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 07-02-2026)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 250 days late; 3 of the last 3 late
NBB · filings
lowers risk · Sector: Manufacture of computer, electronic and optical products (NACE 26)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Annual accounts not filed
The financial year that closed on 31-10-2025 was due at the National Bank by 31-05-2026. Nothing is on record, 148 days later.
NBB · 10 filings
Position against the passed deadline
31-10-2025 year end31-05-2026 deadline26-10-2026 today
raises risk · 2024 accounts filed 250 days late
The financial year that closed on 31-10-2024 was due by 31-05-2025 and was filed on 05-02-2026, 250 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
250 days late
2023
159 days late
2022
205 days late
2021
8 days early
2020
56 days late
2019
328 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 165 days after the deadline; the sector median (NACE 26) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. RestructuringMerger · Shareholding · Power…
  3. RestructuringMerger · Accounting effect

Key points

  • Risk: 2025 accounts not fileddeadline was 31-05-2026 148 days past the deadline View
  • Positive: Oldest company in Walloon Brabant, Computer and electronic products sectorin the Checked rankings No. 1 View
  • Caution: Result fell in 2024from €150,355 to €68,810 ▼ 54.2% View
  • Controlled by PHOTO-ME International PLthe company in turn controls 3 companies parent View
  • Merger with SG TECHNOLOGIES SYSTEMS INTERNATIONALmerger on 06-11-2025 2025 View
  • Positive: 6 profitable years in a rowprofit 2024: €68,810 6 years View
  • Active since 1970founded 25-02-1970 56 years View

By topic

Financials

Financial year
2024
Turnover
€8.0m
Profit
€68,810
Solvency
37.9%
Turnover▲ 10.5%
Net result
20192024
Go to Financials

Board & ownership

Board
1 member
Parent
PHOTO-ME International PL
  • GIBON Stéphane René PierreManaging director
Go to Board & ownership

Network & group

Subsidiaries, all levels
3
Direct holdings
1
Mergers and asset contributions
1

3 subsidiaries

Go to Network & group

Timeline

Events
51
Since
1978
  1. 24-03-2025Resignation: REITELLI Alessandro (director)
  2. 06-11-2024Annual accounts filed
  3. 31-10-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of computer, electronic and optical productsNACE 26700
Founded
25-02-1970
Year ends
31-10
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
14
Who signs
The sole director
Annual meeting
Last Friday of April at 15:00
Purpose
“La société a pour objet la fabrication et l'exploitation de cabines photo et…” (deed in French)
Go to Articles of association

Key facts about ME GROUP BELGIUM

What is the company number of ME GROUP BELGIUM?
0407.053.075. In Belgium the VAT number is the company number with BE in front: BE 0407.053.075.
Where is ME GROUP BELGIUM based?
The registered office is at Rue François Englert 20, 1480 Tubize.Company details
What does ME GROUP BELGIUM do?
According to the KBO register, the main activity is manufacture of computer, electronic and optical products (NACE 26700).
What is the legal form of ME GROUP BELGIUM?
Public limited company (NV).
When was ME GROUP BELGIUM founded?
On 25-02-1970.
Is ME GROUP BELGIUM still active?
Yes, ME GROUP BELGIUM is an active enterprise in the KBO register.
How many employees does ME GROUP BELGIUM have?
On average 18.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of ME GROUP BELGIUM?
€8.0m in financial year 2024, according to the filed annual accounts.
Is ME GROUP BELGIUM profitable?
In financial year 2024, ME GROUP BELGIUM made a profit of €68,810.
Where can I find the annual accounts of ME GROUP BELGIUM?
ME GROUP BELGIUM filed 46 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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