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MEC-ANRO

Active
Private limited company (pre-2019)founded 20179 years activeHundelgemsesteenweg 739, 9820 Merelbeke-Melle, BelgiumKBO/BCE: BE 0682.646.309
Summary

The computed 12-month bankruptcy probability of MEC-ANRO is 12.5% (high). The 2024 annual accounts show equity of €44,344 and a net result of €27,451. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 27% of 34,088 sector peers (NACE 43, fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
General electrical installation work
NACE 43211
1 site
Size
€159,921total assets 2024
Equity
€44,344
Profit
€27,451
Turnover not published (abridged schema)
Financial health
32 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
12.5%
Structure
Accounts 69 days overdue0 of 4 deeds read
Why 32- Figures for FY 2024 (filed 07-10-2025)- 1 change of registered office in 24 months- 1 financial year not filed after the legal deadline; latest accounts 61 days late; 2 of the last 3 late- Liquidity: current ratio 1.36Show the evidence

Checked score

Score 2024
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 56% of its sector peers (NACE 43, micro)
Financial strength · tick = 2023
Strong
Solvency 53-3
equity 27.7% of total assets
Liquidity 36+4
short-term debt 61.3%
Profitability 90-2
return on assets 17.2%
Bankruptcy probability, 12 months
12.5% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,518 companies)
Last 24 months 11-2024: 4.4%lowest value 12-2024: 4.4%● unchanged vs 11-2024lowest value 01-2025: 4.4%● unchanged vs 12-2024lowest value 02-2025: 4.4%● unchanged vs 01-2025lowest value 03-2025: 4.5%▲ +0.1 percentage points vs 02-2025 04-2025: 4.7%▲ +0.2 percentage points vs 03-2025 05-2025: 5.2%▲ +0.5 percentage points vs 04-2025 06-2025: 4.8%▼ -0.4 percentage points vs 05-2025 07-2025: 4.7%▼ -0.1 percentage points vs 06-2025 08-2025: 10.7%▲ +6.0 percentage points vs 07-2025 09-2025: 11.7%▲ +1.0 percentage point vs 08-2025 10-2025: 16.6%▲ +4.9 percentage points vs 09-2025highest value 11-2025: 11.4%▼ -5.2 percentage points vs 10-2025 12-2025: 10.5%▼ -0.9 percentage points vs 11-2025 01-2026: 10.5%● unchanged vs 12-2025 02-2026: 10.2%▼ -0.3 percentage points vs 01-2026 03-2026: 5.2%▼ -5.0 percentage points vs 02-2026 04-2026: 5.4%▲ +0.2 percentage points vs 03-2026 05-2026: 5.5%▲ +0.1 percentage points vs 04-2026 06-2026: 5.4%▼ -0.1 percentage points vs 05-2026 07-2026: 5.2%▼ -0.2 percentage points vs 06-2026 08-2026: 6.5%▲ +1.3 percentage points vs 07-2026 09-2026: 7.9%▲ +1.4 percentage points vs 08-2026 10-2026: 12.5%▲ +4.6 percentage points vs 09-2026
Credit up to €1,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.36 against 1.44 in 2023; short-term debt: 61.3% of total assets), and 72.3% of the assets are financed with debt.
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 43, micro): better than 29% on solvency, 24% on liquidity, 76% on profitability and 95% on growth.

The bankruptcy probability was computed on 07-10-2026 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 risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 07-10-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · 1 financial year not filed after the legal deadline; latest accounts 61 days late; 2 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 1.36
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year €44,344
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
61 days late
2023
41 days late
2022
30 days late
2021
138 days late
2020
129 days late
2019
92 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 82 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Back to profitnet €10,886

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Total assets 20246 fiscal years filed €159,921 View
  • Active since 2017founded 06-10-2017 9 years View

By topic

Financials

Fiscal year
2024
Total assets
€159,921
Profit
€27,451
Solvency
27.7%
Total assets▲ 190%
Net result
20182024
Go to Financials

Timeline

Events
11
Since
2019
  1. 30-08-2023Annual accounts filed
  2. 16-12-2022Annual accounts filed
  3. 07-12-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
General electrical installation workNACE 43211
Founded
06-10-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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