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MECA BRAID

Active
Private limited company (pre-2019)founded 2008active for 18 yearsRue Henri Danvoie(L) 39, 6220 Fleurus, BelgiumKBO/BCE: BE 0897.386.689
Summary

MECA BRAID has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €125,273 and a net result of €81,027. Equity is growing by about 75% per year across the filed financial years. Its solvency ranks better than 38% of 4,319 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00471306.

Turnover
≈ €280,000
Estimated: probably between €190,000 and €430,000
EBIT margin
Not included in this filing
Net result
€81,027▲ 201%
2024 · €26,932
Working capital
-€56,947▲ 58.0%
2024 · -€135,731
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result rises in 2025; 2025 is 199% above 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.1m 2025 Net result€0.08m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 74, Other professional, scientific and technical activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result-€0.01m--€0.006m▲ 41.6%-€0.2m▼ 3,543%€0.5m€0.2m▼ 65.7%€0.04m€0.1m▲ 199%
Net result€0.004m--€0.3m-€0.3mbelow the sector's middle half▼ 7.1%€0.5mabove the sector's middle half€0.2mabove the sector's middle half▼ 66.4%-€17within the sector's middle half€0.03mwithin the sector's middle half€0.08mabove the sector's middle half▲ 201%
Equity€0.007m--€0.3m-€0.6mbelow the sector's middle half▼ 110%-€0.1mbelow the sector's middle half▲ 77.0%€0.02mwithin the sector's middle half€0.02mwithin the sector's middle half▼ 0.1%€0.04mwithin the sector's middle half▲ 156%€0.1mabove the sector's middle half▲ 183%
Total assets€1.2m-€0.9m▼ 21.5%€0.7mabove the sector's middle half▼ 22.7%€0.7mabove the sector's middle half▼ 8.5%€0.2mwithin the sector's middle half▼ 71.8%€0.2mwithin the sector's middle half=€0.3mabove the sector's middle half▲ 40.9%€0.3mabove the sector's middle half▲ 33.9%
Debt€1.2m-€1.2m▲ 3.4%€1.3m▲ 8.7%€0.8m▼ 39.8%€0.2m▼ 78.9%€0.2m=€0.2m▲ 29.0%€0.2m▲ 3.2%
Working capital-€0.6m--€0.6m▲ 1.1%-€0.8mbelow the sector's middle half▼ 33.2%-€0.3mbelow the sector's middle half▲ 59.3%-€0.2mbelow the sector's middle half▲ 48.9%-€0.2mbelow the sector's middle half=-€0.1mbelow the sector's middle half▲ 16.6%-€0.06mbelow the sector's middle half▲ 58.0%
Solvency0.6%--31.1%▼ 31.7pp-84.2%below the sector's middle half▼ 53.1pp-21.2%below the sector's middle half▲ 63.0pp9.4%below the sector's middle half▲ 30.6pp9.4%below the sector's middle half=17.1%below the sector's middle half▲ 7.7pp36.1%within the sector's middle half▲ 19.0pp
Current ratio0.49-0.52▲ 0.020.41below the sector's middle half▼ 0.110.60below the sector's middle half▲ 0.190.03below the sector's middle half▼ 0.570.02below the sector's middle half=0.37below the sector's middle half▲ 0.340.74below the sector's middle half▲ 0.37
Return on assets (ROA)0.4%--31.8%▼ 32.2pp-44.1%below the sector's middle half▼ 12.2pp70.8%above the sector's middle half▲ 114.9pp84.5%above the sector's middle half▲ 13.7pp0.0%within the sector's middle half▼ 84.5pp10.4%within the sector's middle half▲ 10.4pp23.3%within the sector's middle half▲ 12.9pp
above within below the middle half of NACE 74, Other professional, scientific and technical activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €347,424
Fixed assets €182,219 ▲ 1.2%
Current assets €165,205 ▲ 108%
Equity and liabilities €347,424
Equity €125,273 ▲ 183%
Debt €222,151 ▲ 3.2%
Debt's share of the balance-sheet total falls from 82.9% to 63.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€111,611
Cash flow
€81,154
Debt to equity
1.77▼
2024 · 4.86
ROE
64.7%▲
2024 · 60.9%
Interest coverage
over 100
Debt ≤ 1 year
€222,151▲
2024 · €215,206
Income taxes
€36,422▲
2024 · €10,093
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€259,475€347,424▲
Fixed assets21/28€180,000€182,219▲
Tangible fixed assets22/27-€2,219
Furniture and vehicles24-€2,219
Financial fixed assets28€180,000€180,000=
Current assets29/58€79,475€165,205▲
Amounts receivable within one year40/41€78,585€159,440▲
Trade receivables40€42,517€40,000▼
Other amounts receivable41€36,069€119,440▲
Cash at bank and in hand54/58€889€5,764▲
Equity and liabilities
Total equity and liabilities10/49€259,475€347,424▲
Equity10/15€44,246€125,273▲
Contributions10/11€18,600€18,600=
Reserves13-€50,000
Distributable reserves133-€50,000
Profit (loss) carried forward14€25,646€56,673▲
Amounts payable17/49€215,229€222,151▲
Amounts payable within one year42/48€215,206€222,151▲
Trade debts44€105,784€4,307▼
Suppliers440/4€105,784€4,307▼
Taxes, remuneration and social security45€10,093€46,516▲
Taxes450/3€10,093€46,516▲
Other amounts payable47/48€99,328€171,328▲
Accrued charges and deferred income492/3€23-
Income statement Code20242025
Non-recurring operating income76A€1,500€6▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€126
Other operating charges640/8€384€384=
Non-recurring operating charges66A-€292
Gross operating margin9900€37,652€112,287▲
Operating profit (loss)9901€37,267€111,484▲
Financial income75/76B-€6,214
Recurring financial income75-€6,214
Financial charges65/66B€242€249▲
Recurring financial charges65€242€249▲
Profit (loss) for the period before taxes9903€37,026€117,450▲
Income taxes67/77€10,093€36,422▲
Profit (loss) for the period9904€26,932€81,027▲
Profit (loss) for the period to be appropriated9905€26,932€81,027▲
Appropriation of the result
Profit (loss) to be appropriated9906€25,646€106,673▲
Profit (loss) brought forward from the previous period14P-€1,286€25,646▲
Transfer to equity691/2-€50,000
To other reserves6921-€50,000

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A------€1,500€6▼ 99.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-------€126-
Other operating charges640/8---€868€348-€384€384=
Non-recurring operating charges66A---€0---€292-
Gross operating margin9900-€8,290-€4,958€13,510€464,089€159,185-€37,652€112,287▲ 198%
Operating profit (loss)9901-€9,983-€5,826-€212,246€463,221€158,837-€37,267€111,484▲ 199%
Financial income75/76B---€420,000€533--€6,214-
Recurring financial income75€18,000€18,000€18,000€0€533--€6,214-
Non-recurring financial income76B---€420,000€0----
Financial charges65/66B---€420,307€334€17€242€249▲ 2.8%
Recurring financial charges65€298€1,677€300€307€334€17€242€249▲ 2.8%
Non-recurring financial charges66B---€420,000€0----
Profit (loss) for the period before taxes9903€7,718-€289,503-€314,546€462,914€159,036-€17€37,026€117,450▲ 217%
Income taxes67/77€3,484€4,231€0€13€3,393-€10,093€36,422▲ 261%
Profit (loss) for the period9904€4,235-€293,734-€314,546€462,902€155,643-€17€26,932€81,027▲ 201%
Profit (loss) for the period to be appropriated9905€4,235-€293,734-€314,546€462,902€155,643-€17€26,932€81,027▲ 201%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.2m€0.9m€0.7m€0.7m€0.2m€0.2m€0.3m€0.3m▲ 33.9%
Fixed assets21/28€0.6m€0.3m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m▲ 1.2%
Tangible fixed assets22/27-------€0.002m-
Furniture and vehicles24-------€0.002m-
Financial fixed assets28€0.6m€0.3m€0.2m€0.2m€0.2m€0.2m€0.2m€0.2m=
Current assets29/58€0.6m€0.6m€0.5m€0.5m€0.004m€0.004m€0.08m€0.2m▲ 108%
Stocks and contracts in progress3€0.5m€0.5m€0€0.5m€0----
Contracts in progress37---€0.5m€0----
Amounts receivable within one year40/41€0.02m€0.08m€0.5m€0.003m€0.003m€0.003m€0.08m€0.2m▲ 103%
Trade receivables40---€0--€0.04m€0.04m▼ 5.9%
Other amounts receivable41---€0.003m€0.003m€0.003m€0.04m€0.1m▲ 231%
Cash at bank and in hand54/58€0.002m€0.001m€0.002m€0.003m€0.001m€0.001m€0.001m€0.006m▲ 548%
Equity and liabilities
Total equity and liabilities10/49€1.2m€0.9m€0.7m€0.7m€0.2m€0.2m€0.3m€0.3m▲ 33.9%
Equity10/15€0.007m-€0.3m-€0.6m-€0.1m€0.02m€0.02m€0.04m€0.1m▲ 183%
Contributions10/11€0.02m€0.02m-€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves13-------€0.05m-
Distributable reserves133-------€0.05m-
Profit (loss) carried forward14-€0.01m-€0.3m-€0.6m-€0.2m-€0.001m-€0.001m€0.03m€0.06m▲ 121%
Amounts payable17/49€1.2m€1.2m€1.3m€0.8m€0.2m€0.2m€0.2m€0.2m▲ 3.2%
Amounts payable within one year42/48€1.2m€1.2m€1.3m€0.8m€0.2m€0.2m€0.2m€0.2m▲ 3.2%
Trade debts44€0.4m€0.4m€0.5m€0.002m€0.08m€0.08m€0.1m€0.004m▼ 95.9%
Suppliers440/4---€0.002m€0.08m€0.08m€0.1m€0.004m▼ 95.9%
Advances received on contracts in progress46---€0.7m€0----
Taxes, remuneration and social security45---€0€0.003m€0.003m€0.01m€0.05m▲ 361%
Taxes450/3---€0€0.003m€0.003m€0.01m€0.05m▲ 361%
Other amounts payable47/48---€0.08m€0.08m€0.08m€0.1m€0.2m▲ 72.5%
Accrued charges and deferred income492/3------€23--
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€4,235-€293,734-€314,546€462,902€155,643-€17€26,932€81,027▲ 201%
+ Depreciation and write-downs630-------€126-
Operating cash flow (approximation)€4,235-€293,734-€314,546€462,902€155,643-€17€26,932€81,154▲ 201%
Investment in fixed assets (approximation)-€300,000€120,000€0€0€0€0-€2,346-
Change in cash--€1,439€1,351€828-€2,276-€17€124€4,875▲ 39×

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

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Latest 10 of 18 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00471306
31-12-2024 micro format 21-08-2025 2025-00405442
31-12-2023 micro format 31-08-2024 2024-00438356
31-12-2022 micro format 28-08-2023 2023-00362144
31-12-2021 micro format 19-08-2022 2022-20331183
31-12-2020 micro format 04-08-2021 2021-45800417
31-12-2019 full format 19-10-2020 2020-62000220
31-12-2018 full format 29-07-2019 2019-40100110
31-12-2017 full format 16-07-2018 2018-33600564
31-12-2016 full format 25-08-2017 2017-50900185

Show all 18 filings

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