MEBOCO
ActiveSummary
MEBOCO has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €437k and a net result of €21k. Equity remains stable across the filed fiscal years (±2.2% per year). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+1
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 7.22 against 6.73 in 2024; short-term debt: 8% and cash: 57.1% of total assets), and 8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
92%
Return on assets
4.3%
Age of the figures
9 mo
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 16-03-2026, 137 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
137 d early
2024
126 d early
2023
44 d early
2022
45 d early
2021
52 d early
2020
124 d early
2019
87 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€437k▼ 2.7%
2024 · €450k
2018: €398klowest in 8 years
2019: €420k▲ +5.5% vs 2018
2020: €434k▲ +3.4% vs 2019
2021: €443k▲ +2.0% vs 2020
2022: €456k▲ +2.9% vs 2021
2023: €470k▲ +3.2% vs 2022highest in 8 years
2024: €450k▼ -4.4% vs 2023
2025: €437k▼ -2.7% vs 2024
2018 → 2025
Total assets
€476k▼ 3.5%
2024 · €493k
2018: €400klowest in 8 years
2019: €424k▲ +5.8% vs 2018
2020: €441k▲ +4.2% vs 2019
2021: €449k▲ +1.6% vs 2020
2022: €459k▲ +2.2% vs 2021
2023: €473k▲ +3.1% vs 2022
2024: €493k▲ +4.2% vs 2023highest in 8 years
2025: €476k▼ -3.5% vs 2024
2018 → 2025
Net result
€21k▲ 12.5%
2024 · €18k
2018: €20k
2019: €22k▲ +8.5% vs 2018highest in 8 years
2020: €14k▼ -33.6% vs 2019
2021: €9k▼ -40.3% vs 2020lowest in 8 years
2022: €13k▲ +49.0% vs 2021
2023: €14k▲ +12.6% vs 2022
2024: €18k▲ +27.0% vs 2023
2025: €21k▲ +12.5% vs 2024
2018 → 2025
Working capital
€237k▼ 4.1%
2024 · €247k
2018: €181klowest in 8 years
2019: €207k▲ +14.7% vs 2018
2020: €225k▲ +8.5% vs 2019
2021: €236k▲ +5.1% vs 2020
2022: €252k▲ +6.6% vs 2021
2023: €269k▲ +6.9% vs 2022highest in 8 years
2024: €247k▼ -8.1% vs 2023
2025: €237k▼ -4.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€443k-€456k▲ 2.9%€470k▲ 3.2%€450k▼ 4.4%€437k▼ 2.7%
2021: €443k
2022: €456k▲ +2.9% vs 2021
2023: €470k▲ +3.2% vs 2022highest in 5 years
2024: €450k▼ -4.4% vs 2023
2025: €437k▼ -2.7% vs 2024lowest in 5 years
Operating result€13k-€19k▲ 50.2%€22k▲ 11.5%€24k▲ 9.6%€26k▲ 11.7%
2021: €13klowest in 5 years
2022: €19k▲ +50.2% vs 2021
2023: €22k▲ +11.5% vs 2022
2024: €24k▲ +9.6% vs 2023
2025: €26k▲ +11.7% vs 2024highest in 5 years
Net result€9k-€13k▲ 49.0%€14k▲ 12.6%€18k▲ 27.0%€21k▲ 12.5%
2021: €9klowest in 5 years
2022: €13k▲ +49.0% vs 2021
2023: €14k▲ +12.6% vs 2022
2024: €18k▲ +27.0% vs 2023
2025: €21k▲ +12.5% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 12% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €476k
Fixed assets
€200k ▼ 1.0%
Current assets
€275k ▼ 5.2%
Equity and liabilities €476k
Equity
€437k ▼ 2.7%
Debt
€38k ▼ 11.4%
Debt's share of the balance-sheet total falls from 8.8% to 8.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€28k▲
2024 · €25k
Cash flow
€23k▲
2024 · €20k
Current ratio
7.22▲
2024 · 6.73
Debt to equity
0.09▼
2024 · 0.10
ROE
4.7%▲
2024 · 4.1%
ROA
4.3%▲
2024 · 3.7%
Interest coverage
36.46▲
2024 · 33.66
Debt ≤ 1 year
€38k▼
2024 · €43k
Income taxes
€10k▲
2024 · €9k
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€493k€476k▼
Fixed assets21/28€202k€200k▼
Tangible fixed assets22/27€201k€199k▼
Land and buildings22€201k€199k▼
Financial fixed assets28€1k€1k=
Current assets29/58€290k€275k▼
Amounts receivable within one year40/41-€2k
Trade receivables40-€2k
Current investments50/53€250k-
Cash at bank and in hand54/58€40k€271k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€493k€476k▼
Equity10/15€450k€437k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€384k€371k▼
Non-distributable reserves130/1€19k€19k=
Legal reserve130€19k€19k=
Distributable reserves133€365k€352k▼
Profit (loss) carried forward14€4k€5k▲
Amounts payable17/49€43k€38k▼
Amounts payable within one year42/48€43k€38k▼
Trade debts44-€103
Suppliers440/4-€103
Taxes, remuneration and social security45€2k€5k▲
Taxes450/3€2k€5k▲
Other amounts payable47/48€41k€33k▼
Accrued charges and deferred income492/3-€105
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€18k€18k▼
Gross operating margin9900€44k€47k▲
Operating profit (loss)9901€24k€26k▲
Financial income75/76B€4k€5k▲
Recurring financial income75€4k€5k▲
Financial charges65/66B€757€781▲
Recurring financial charges65€757€781▲
Profit (loss) for the period before taxes9903€27k€30k▲
Income taxes67/77€9k€10k▲
Profit (loss) for the period9904€18k€21k▲
Profit (loss) for the period to be appropriated9905€18k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€25k▲
Profit (loss) brought forward from the previous period14P€4k€4k▲
Transfer from equity791/2€39k€33k▼
Transfer to equity691/2€18k€20k▲
To other reserves6921€18k€20k▲
Profit to be distributed694/7€39k€33k▼
Return on contributions (dividend)694€39k€33k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €3k | €3k | €2k | €2k | ▲ 13.4% |
| Other operating charges640/8 | €16k | €16k | €18k | €18k | €18k | ▼ 0.8% |
| Gross operating margin9900 | €31k | €38k | €42k | €44k | €47k | ▲ 6.5% |
| Operating profit (loss)9901 | €13k | €19k | €22k | €24k | €26k | ▲ 11.7% |
| Financial income75/76B | €253 | - | €365 | €4k | €5k | ▲ 13.7% |
| Recurring financial income75 | €172 | - | €365 | €4k | €5k | ▲ 13.7% |
| Non-recurring financial income76B | €81 | - | - | - | - | - |
| Financial charges65/66B | €470 | €500 | €690 | €757 | €781 | ▲ 3.2% |
| Recurring financial charges65 | €470 | €500 | €690 | €757 | €781 | ▲ 3.2% |
| Profit (loss) for the period before taxes9903 | €13k | €19k | €21k | €27k | €30k | ▲ 12.2% |
| Income taxes67/77 | €4k | €6k | €7k | €9k | €10k | ▲ 11.6% |
| Profit (loss) for the period9904 | €9k | €13k | €14k | €18k | €21k | ▲ 12.5% |
| Profit (loss) for the period to be appropriated9905 | €9k | €13k | €14k | €18k | €21k | ▲ 12.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €449k | €459k | €473k | €493k | €476k | ▼ 3.5% |
| Fixed assets21/28 | €207k | €204k | €201k | €202k | €200k | ▼ 1.0% |
| Tangible fixed assets22/27 | €206k | €203k | €200k | €201k | €199k | ▼ 1.0% |
| Land and buildings22 | €206k | €203k | €200k | €201k | €199k | ▼ 1.0% |
| Financial fixed assets28 | €1k | €1k | €1k | €1k | €1k | = |
| Current assets29/58 | €242k | €254k | €272k | €290k | €275k | ▼ 5.2% |
| Amounts receivable within one year40/41 | - | - | - | - | €2k | - |
| Trade receivables40 | - | - | - | - | €2k | - |
| Current investments50/53 | - | - | €200k | €250k | - | - |
| Cash at bank and in hand54/58 | €240k | €254k | €70k | €40k | €271k | ▲ 571% |
| Deferred charges and accrued income490/1 | €2k | - | €2k | - | €2k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €449k | €459k | €473k | €493k | €476k | ▼ 3.5% |
| Equity10/15 | €443k | €456k | €470k | €450k | €437k | ▼ 2.7% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €379k | €391k | €405k | €384k | €371k | ▼ 3.4% |
| Non-distributable reserves130/1 | €19k | €19k | €19k | €19k | €19k | = |
| Legal reserve130 | €19k | €19k | €19k | €19k | €19k | = |
| Distributable reserves133 | €360k | €372k | €386k | €365k | €352k | ▼ 3.6% |
| Profit (loss) carried forward14 | €3k | €4k | €4k | €4k | €5k | ▲ 15.9% |
| Amounts payable17/49 | €6k | €3k | €3k | €43k | €38k | ▼ 11.4% |
| Amounts payable within one year42/48 | €6k | €3k | €3k | €43k | €38k | ▼ 11.6% |
| Trade debts44 | - | - | €226 | - | €103 | - |
| Suppliers440/4 | - | - | €226 | - | €103 | - |
| Taxes, remuneration and social security45 | €4k | €1k | €694 | €2k | €5k | ▲ 122% |
| Taxes450/3 | €4k | €1k | €694 | €2k | €5k | ▲ 122% |
| Other amounts payable47/48 | €2k | €2k | €2k | €41k | €33k | ▼ 20.0% |
| Accrued charges and deferred income492/3 | - | - | - | - | €105 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €13k | €14k | €18k | €21k | ▲ 12.5% |
| + Depreciation and write-downs630 | €3k | €3k | €3k | €2k | €2k | ▲ 13.4% |
| Operating cash flow (approximation) | €11k | €16k | €17k | €20k | €23k | ▲ 12.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-3k | €0 | ▲ 100% |
| Change in cash | - | €14k | €-185k | €-29k | €231k | ▲ 893% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 94.75
Current ratio from 42.30 to 94.75; short-term debt falls from €6k to €3k.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €9k ▼40.3%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
05-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €22k ▲8.5%
Net result €22k, the highest in the series.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-06
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.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Mechelen · 1 establishment unit since 1987
Ground area
631 m²
Building footprint
108 m²
Volume, LiDAR
853 m³
Parcel 12402B0308/00N000, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
Oude Liersebaan 233, 2800 Mechelen
since 19872.029.949.187
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12402B0308/00N000 | Flanders | 631 m² | 1 · 108 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded25-06-1987
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.