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MEA

Active
Private limited companyfounded 197353 yrs activeDelori-Maeslaan 15, 9940 Evergem, BelgiumKBO/BCE: BE 0413.125.473

MEA has been active since 1973 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.42M and a net result of €-316k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 60% of 7921 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
55 / 100
Fair▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency98▼-1
Growth32=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 2.34 against 2.45 in 2024), and 45.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 53 years 0 60 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
54.3%
Return on assets
-12.1%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€316k
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 filings
Deviation from the deadline
2025
29 d early
2024
15 d early
2023
30 d early
2022
27 d early
2021
30 d early
2020
30 d early
2019
8 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 months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€1.42M▼ 18.2%
2024 · €1.74M
2018: €1.80M 2019: €1.78M 2020: €1.78M 2021: €1.80M 2022: €1.83M 2023: €1.75M 2024: €1.74M
2018 → 2025
Total assets
€2.61M▼ 13.0%
2024 · €3.00M
2018: €3.62M 2019: €3.48M 2020: €3.46M 2021: €3.36M 2022: €3.25M 2023: €3.06M 2024: €3.00M
2018 → 2025
Net result
€-316k▼ 1,565%
2024 · €-19k
2018: €521 2019: €-21k 2020: €-4k 2021: €22k 2022: €28k 2023: €-77k 2024: €-19k
2018 → 2025
Working capital
€738k▼ 5.6%
2024 · €781k
2018: €1.18M 2019: €1.11M 2020: €1.08M 2021: €1.06M 2022: €833k 2023: €790k 2024: €781k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€1.80M-€1.83M▲ 1.6%€1.75M▼ 4.2%€1.74M▼ 1.1%€1.42M▼ 18.2%
Operating result€82k-€92k▲ 12.2%€-40k€23k€-6k
Net result€22k-€28k▲ 27.8%€-77k€-19k▲ 75.3%€-316k▼ 1,565%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-400k€-200k€0Operating result 2021: €82k€82kNet result 2021: €22k€22kOperating result 2022: €92k€92kNet result 2022: €28k€28kOperating result 2023: €-40k€-40kNet result 2023: €-77k€-77kOperating result 2024: €23k€23kNet result 2024: €-19k€-19kOperating result 2025: €-6k€-6kNet result 2025: €-316k€-316k20212022202320242025
The operating result turns negative in 2025: a loss of €6k after €23k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.61M
Fixed assets €1.32M▼ 21.3%
Current assets €1.29M▼ 2.5%
Equity and liabilities €2.61M
Equity €1.42M▼ 18.2%
Provisions €117k▼ 8.7%
Debt €1.08M▼ 5.6%
The debt ratio rises from 37.9% to 41.2%: equity shrinks faster than debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€88k
2024 · €112k
Cash flow
€-223k
2024 · €70k
Solvency
54.3%
2024 · 57.8%
Current ratio
2.34
2024 · 2.45
Quick ratio
0.48
2024 · 0.56
Debt / equity
0.76
2024 · 0.66
ROE
-22.3%
2024 · -1.1%
ROA
-12.1%
2024 · -0.6%
Interest coverage
1.82
2024 · 2.28
Debt
€1.08M
2024 · €1.14M
Debt ≤ 1 year
€551k
2024 · €541k
Debt > 1 year
€501k
2024 · €574k
Income taxes
€1k
2024 · €5k
Staff costs
€161k
2024 · €194k
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€3.00M€2.61M
Fixed assets21/28€1.68M€1.32M
Intangible fixed assets21€4k€5k
Tangible fixed assets22/27€1.35M€1.27M
Land and buildings22€1.31M€1.23M
Plant, machinery and equipment23€7k€6k
Furniture and vehicles24€8k€7k
Leasing and similar rights25€27k€22k
Financial fixed assets28€324k€51k
Current assets29/58€1.32M€1.29M
Stocks and contracts in progress3€1.02M€1.02M
Stocks30/36€1.02M€1.02M
Amounts receivable within one year40/41€151k€150k
Trade receivables40€121k€121k
Other amounts receivable41€30k€30k
Cash at bank and in hand54/58€145k€105k
Deferred charges and accrued income490/1€4k€10k
Equity and liabilities
Total equity and liabilities10/49€3.00M€2.61M
Equity10/15€1.74M€1.42M
Contributions10/11€19k€19k=
Reserves13€1.72M€1.40M
Tax-exempt reserves132€515k€470k
Distributable reserves133€1.20M€930k
Provisions and deferred taxes16€129k€117k
Deferred taxes168€129k€117k
Amounts payable17/49€1.14M€1.08M
Amounts payable after more than one year17€574k€501k
Financial debts170/4€574k€501k
Amounts payable within one year42/48€541k€551k
Current portion of amounts payable after more than one year42€72k€73k
Trade debts44€86k€82k
Suppliers440/4€86k€82k
Advances received on contracts in progress46€74€0
Taxes, remuneration and social security45€60k€55k
Taxes450/3€22k€21k
Remuneration and social security454/9€38k€34k
Other amounts payable47/48€322k€341k
Accrued charges and deferred income492/3€26k€24k
Income statement Code20242025
Non-recurring operating income76A€4k€0
Remuneration, social security and pensions62€194k€161k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€89k€94k
Other operating charges640/8€13k€14k
Non-recurring operating charges66A€18k€0
Gross operating margin9900€338k€262k
Operating profit (loss)9901€23k€-6k
Financial income75/76B€920€647
Recurring financial income75€920€647
Financial charges65/66B€49k€321k
Recurring financial charges65€49k€48k
Non-recurring financial charges66B-€273k
Profit (loss) for the period before taxes9903€-25k€-326k
Transfer from deferred taxes780€11k€11k=
Income taxes67/77€5k€1k
Profit (loss) for the period9904€-19k€-316k
Transfer from tax-exempt reserves789€45k€45k=
Profit (loss) for the period to be appropriated9905€26k€-271k
Appropriation of the result
Profit (loss) to be appropriated9906€26k€-271k
Transfer from equity791/2€0€271k
Transfer to equity691/2€26k€0
To other reserves6921€26k€0
Social balance
Average headcount (FTE)90873.22.8

The notes to these accounts (28 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
02-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet €-316k
Net result drops to €-316k, the lowest in the series.
16-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Highest result since 2018net €28k ▲27.8%
Operating result €92k, net result €28k, both a record.
01-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €22k
Net result €22k after 2 loss-making years.
01-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated 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, Evergem · 1 establishment unit since 1989
establishment The establishment unit on the map
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.

Delori-Maeslaan 159940 Evergem
Ground area
5,007 m²
Building footprint
2,492 m²
Volume, LiDAR
2 m³
Parcel 44019A1786/00A000, Flanders · tallest building 0.2 m. Linked by address, not a title deed.
1 establishment unit
M.E.A. BVBA
Delori-Maeslaan 15, 9940 EvergemNACE 50301
since 19892.106.467.143
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44019A1786/00A000 Flanders 5,007 m² 1 · 2,492 m² 0.2 m
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.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 2 entries · 624 EUR awarded · 624 EUR paid
Year Entries awardedpaid
2025 1 327 EUR327 EUR
2023 1 297 EUR297 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 624 EUR · 624 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 824 companies in sector 46620 we hold annual accounts for 639. 498 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded04-04-1973
Fiscal year end31-12
Activities, NACEBEL
46620Wholesale of machine tools
46841Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.