Skip to content

MEBO

Active
Private limited company (pre-2019)founded 198739 yrs activeDeinsesteenweg 29A, 8700 Tielt, BelgiumKBO/BCE: BE 0431.732.152
Summary

The computed 12-month bankruptcy probability of MEBO is 1.5% (moderate). The 2024 annual accounts show negative equity (-€79,982) and a net result of -€2,282. Equity is shrinking by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 15872 sector peers (fiscal year 2024). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024
Age of the figures
Age of the figures
21 mo
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
highest failure risk from 2 to 8 years 39 years 0 40 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€79,982
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
28 d early
2023
24 d early
2022
18 d early
2021
33 d early
2020
30 d early
2019
30 d early
← 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 27 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
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

History

On 20 August 1987, MEBO was incorporated.1 Total assets went from EUR 11,197 in 2018 to EUR 3,487 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
-€79,982▼ 2.9%
2023 · -€77,700
Total assets
€3,487▲ 8.4%
2023 · €3,216
Net result
-€2,282▲ 26.8%
2023 · -€3,118
Working capital
-€79,232▼ 3.0%
2023 · -€76,950
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€7,166▼ 61.0%-€3,050▲ 57.4%-€3,327▼ 9.1%-€2,982▲ 10.4%-€2,226▲ 25.4%
Net result-€5,142below the sector's middle half▼ 15.5%-€3,101below the sector's middle half▲ 39.7%-€3,377below the sector's middle half▼ 8.9%-€3,118within the sector's middle half▲ 7.7%-€2,282within the sector's middle half▲ 26.8%
Equity-€68,104below the sector's middle half▼ 8.2%-€71,205below the sector's middle half▼ 4.6%-€74,582below the sector's middle half▼ 4.7%-€77,700below the sector's middle half▼ 4.2%-€79,982below the sector's middle half▼ 2.9%
Total assets€4,302below the sector's middle half▼ 53.1%€3,188below the sector's middle half▼ 25.9%€3,667below the sector's middle half▲ 15.0%€3,216below the sector's middle half▼ 12.3%€3,487below the sector's middle half▲ 8.4%
Debt€72,407▲ 0.4%€74,394▲ 2.7%€78,249▲ 5.2%€80,916▲ 3.4%€83,469▲ 3.2%
Working capital-€67,354below the sector's middle half▼ 5.1%-€70,455below the sector's middle half▼ 4.6%-€73,832below the sector's middle half▼ 4.8%-€76,950below the sector's middle half▼ 4.2%-€79,232below the sector's middle half▼ 3.0%
Solvency
Current ratio
Return on assets (ROA)
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€8,000-€6,000-€4,000-€2,000€0Operating result 2020: -€7,166-€7,166Net result 2020: -€5,142-€5,142Operating result 2021: -€3,050-€3,050Net result 2021: -€3,101-€3,101Operating result 2022: -€3,327-€3,327Net result 2022: -€3,377-€3,377Operating result 2023: -€2,982-€2,982Net result 2023: -€3,118-€3,118Operating result 2024: -€2,226-€2,226Net result 2024: -€2,282-€2,28220202021202220232024-€4,000-€3,000-€2,000-€1,000€0Operating result 2022: -€3,327-€3,330Net result 2022: -€3,377-€3,380Operating result 2023: -€2,982-€2,980Net result 2023: -€3,118-€3,120Operating result 2024: -€2,226-€2,230Net result 2024: -€2,282-€2,280202220232024
The operating result stays negative: a loss of €2,226 in 2024 against €2,982 in 2023; the loss shrinks.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€82,719▲
2023 · €80,166
Ratios withheld: a balance sheet total of €3,487 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,622 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a loss of 10% of the balance sheet or more
4.6% went bankrupt
10.0% stopped otherwise
84% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,622 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet Code20232024
Assets
Total assets20/58€3,216€3,487▲
Current assets29/58€3,216€3,487▲
Stocks and contracts in progress3€3,146€3,146=
Stocks30/36€3,146€3,146=
Amounts receivable within one year40/41€56€265▲
Other amounts receivable41€56€265▲
Cash at bank and in hand54/58€14€76▲
Equity and liabilities
Total equity and liabilities10/49€3,216€3,487▲
Equity10/15-€77,700-€79,982▼
Contributions10/11€19,000€19,000=
Capital10€19,000€19,000=
Issued capital100€19,000€19,000=
Reserves13€3,120€3,120=
Non-distributable reserves130/1€1,900€1,900=
Legal reserve130€1,900€1,900=
Distributable reserves133€1,220€1,220=
Profit (loss) carried forward14-€99,820-€102,102▼
Amounts payable17/49€80,916€83,469▲
Amounts payable within one year42/48€80,166€82,719▲
Trade debts44€1,827-
Suppliers440/4€1,827-
Other amounts payable47/48€78,339€82,719▲
Accrued charges and deferred income492/3€750€750=
Income statement Code20232024
Other operating charges640/8€147€542▲
Gross operating margin9900-€2,835-€1,684▲
Operating profit (loss)9901-€2,982-€2,226▲
Financial charges65/66B€136€56▼
Recurring financial charges65€73€56▼
Non-recurring financial charges66B€63-
Profit (loss) for the period before taxes9903-€3,118-€2,282▲
Profit (loss) for the period9904-€3,118-€2,282▲
Profit (loss) for the period to be appropriated9905-€3,118-€2,282▲
Appropriation of the result
Profit (loss) to be appropriated9906-€99,820-€102,102▼
Profit (loss) brought forward from the previous period14P-€96,702-€99,820▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,849-----
Other operating charges640/8-€480€482€147€542▲ 270%
Gross operating margin9900-€4,837-€2,570-€2,845-€2,835-€1,684▲ 40.6%
Operating profit (loss)9901-€7,166-€3,050-€3,327-€2,982-€2,226▲ 25.4%
Recurring financial income75€2,024-----
Financial charges65/66B-€50€50€136€56▼ 58.9%
Recurring financial charges65€0€50€50€73€56▼ 23.5%
Non-recurring financial charges66B---€63--
Profit (loss) for the period before taxes9903-€5,142-€3,101-€3,377-€3,118-€2,282▲ 26.8%
Profit (loss) for the period9904-€5,142-€3,101-€3,377-€3,118-€2,282▲ 26.8%
Profit (loss) for the period to be appropriated9905-€5,142-€3,101-€3,377-€3,118-€2,282▲ 26.8%
Line20202021202220232024Change
Assets
Total assets20/58€4,302€3,188€3,667€3,216€3,487▲ 8.4%
Current assets29/58€4,302€3,188€3,667€3,216€3,487▲ 8.4%
Stocks and contracts in progress3€3,146€3,146€3,146€3,146€3,146=
Stocks30/36-€3,146€3,146€3,146€3,146=
Amounts receivable within one year40/41€168€34€513€56€265▲ 373%
Other amounts receivable41-€34€513€56€265▲ 373%
Cash at bank and in hand54/58€988€9€8€14€76▲ 442%
Equity and liabilities
Total equity and liabilities10/49€4,302€3,188€3,667€3,216€3,487▲ 8.4%
Equity10/15-€68,104-€71,205-€74,582-€77,700-€79,982▼ 2.9%
Contributions10/11€19,000€19,000€19,000€19,000€19,000=
Capital10-€19,000€19,000€19,000€19,000=
Issued capital100-€19,000€19,000€19,000€19,000=
Reserves13€3,120€3,120€3,120€3,120€3,120=
Non-distributable reserves130/1-€1,900€1,900€1,900€1,900=
Legal reserve130-€1,900€1,900€1,900€1,900=
Distributable reserves133-€1,220€1,220€1,220€1,220=
Profit (loss) carried forward14-€90,224-€93,325-€96,702-€99,820-€102,102▼ 2.3%
Amounts payable17/49€72,407€74,394€78,249€80,916€83,469▲ 3.2%
Amounts payable within one year42/48€71,657€73,644€77,499€80,166€82,719▲ 3.2%
Trade debts44€3,082€2,092€2,208€1,827--
Suppliers440/4-€2,092€2,208€1,827--
Other amounts payable47/48-€71,552€75,290€78,339€82,719▲ 5.6%
Accrued charges and deferred income492/3-€750€750€750€750=
Line20202021202220232024Change
Profit (loss) for the period9904-€5,142-€3,101-€3,377-€3,118-€2,282▲ 26.8%
+ Depreciation and write-downs630€1,849-----
Operating cash flow (approximation)-€3,293-€3,101-€3,377-€3,118-€2,282▲ 26.8%
Change in cash--€980-€1€6€62▲ 895%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
03-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
07-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
13-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet -€5,142
Net result drops to -€5,142, the lowest in the series; recovery starts the following year.
01-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
01-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
22-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Tielt · 2 establishment units since 1987
seat establishment All 2 establishment units on the map
Ground area
3,652 m²
Building footprint
407 m²
Volume, LiDAR
1,824 m³
2 parcels, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
MEBO
Bunderstraat 43, 1852 GrimbergenNACE 4520002
since 19872.029.964.728
MEBO
Deinsesteenweg 29A, 8700 TieltManufacture of machinery and equipment not elsewhere classified
since 19932.029.964.827
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37302F0347/00T002 Flanders 2,715 m² 1 · 206 m² 7.7 m · 1 fl.
23005A0243/00M000 Flanders 937 m² 1 · 201 m² 7.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,805 companies in sector 46831 we hold annual accounts for 1,399. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded20-08-1987
Fiscal year end31-12
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
77320Rental and leasing activities
95290Repair and maintenance of other personal and household goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0431732152
Also 9925:BE0431732152
Registered 10-02-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.