MECA - NORMAL
ActiveSummary
MECA - NORMAL has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €149,427 and a net result of €52,603. Equity is shrinking by ~5.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability49▼-25
Solvency32▼-12
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity tight (current ratio 1.02 against 0.83 in 2023; short-term debt: 91.5% and cash: 1.6% of total assets), and 93.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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
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 →
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
3 d early
2023
29 d late
2022
191 d late
2021
150 d late
2020
31 d late
2019
54 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 60 days after 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 (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. Usually files around 30 August (4 of the last 5 filed years within 120 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
In the rankings
#1 oldest company in Morlanwelz, Wholesale and retail trade sector#3 company by total assets in Morlanwelz, Wholesale and retail trade sector#7 company by staff growth in Morlanwelz
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€52,603▼ 60.4%
2023 · €132,974
Working capital
€48,490
2023 · -€316,943
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-€185,467€63,335€126,022▲ 99.0%€249,493▲ 98.0%€112,475▼ 54.9%
Net result-€158,868below the sector's middle half€14,519within the sector's middle half€60,734within the sector's middle half▲ 318%€132,974within the sector's middle half▲ 119%€52,603within the sector's middle half▼ 60.4%
Equity€255,379within the sector's middle half▼ 38.4%€269,899within the sector's middle half▲ 5.7%€330,633within the sector's middle half▲ 22.5%€463,606within the sector's middle half▲ 40.2%€149,427below the sector's middle half▼ 67.8%
Total assets€1.9mwithin the sector's middle half▼ 18.6%€1.9mwithin the sector's middle half▲ 0.8%€2.2mwithin the sector's middle half▲ 14.3%€2.4mwithin the sector's middle half▲ 9.4%€2.2mwithin the sector's middle half▼ 8.7%
Debt€1.6m▼ 14.3%€1.6m▼ 0.5%€1.8m▲ 12.0%€1.9m▲ 5.2%€2.0m▲ 5.6%
Working capital€230,693within the sector's middle half▼ 40.8%€305,503within the sector's middle half▲ 32.4%€291,173within the sector's middle half▼ 4.7%-€316,943below the sector's middle half€48,490below the sector's middle half
Solvency13.5%below the sector's middle half▼ 4.3pp14.1%below the sector's middle half▲ 0.7pp15.2%below the sector's middle half▲ 1.0pp19.4%below the sector's middle half▲ 4.3pp6.9%below the sector's middle half▼ 12.6pp
Current ratio1.14within the sector's middle half▼ 0.061.20within the sector's middle half▲ 0.051.16within the sector's middle half▼ 0.030.83below the sector's middle half▼ 0.331.02below the sector's middle half▲ 0.19
Return on assets (ROA)-8.4%below the sector's middle half▼ 12.2pp0.8%below the sector's middle half▲ 9.1pp2.8%within the sector's middle half▲ 2.0pp5.6%within the sector's middle half▲ 2.8pp2.4%within the sector's middle half▼ 3.2pp
Staff (FTE)19.1within the sector's middle half▼ 3.0%17.8within the sector's middle half▼ 6.8%20.2within the sector's middle half▲ 13.5%20.1within the sector's middle half▼ 0.5%20.8within the sector's middle half▲ 3.5%
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.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 55% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.2m
Fixed assets
€128,642 ▼ 84.2%
Current assets
€2.0m ▲ 29.7%
Equity and liabilities €2.2m
Equity
€149,427 ▼ 67.8%
Debt
€2.0m ▲ 5.6%
Debt's share of the balance-sheet total rises from 80.6% to 93.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€144,576▼
2023 · €294,684
Cash flow
€84,705▼
2023 · €178,165
Quick ratio
0.77▲
2023 · 0.56
Debt to equity
13.59▲
2023 · 4.15
ROE
35.2%▲
2023 · 28.7%
Interest coverage
3.28▼
2023 · 5.81
Debt ≤ 1 year
€2.0m▲
2023 · €1.9m
Debt > 1 year
€36,990▲
2023 · €32,126
Income taxes
€31,042▼
2023 · €65,786
Staff costs
€895,165▲
2023 · €787,066
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,216 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency under 10%
- a profit under 5% of the balance sheet
1.4%
went bankrupt
2.5%
stopped otherwise
96%
still going
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 1,216 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €6,379 | €4,253 | €7,752 | €893 | ▼ 88.5% |
| Remuneration, social security and pensions62 | - | €644,171 | €725,389 | €787,066 | €895,165 | ▲ 13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,223 | €24,051 | €28,513 | €45,191 | €32,102 | ▼ 29.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€111,575 | €64,958 | €45,442 | €22,782 | ▼ 49.9% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €8,000 | €15,810 | -€23,810 | - | - |
| Other operating charges640/8 | - | €8,303 | €14,152 | €11,178 | €9,926 | ▼ 11.2% |
| Non-recurring operating charges66A | - | €32 | - | - | €119 | - |
| Gross operating margin9900 | €647,850 | €636,318 | €974,843 | €1.1m | €1.1m | ▼ 3.8% |
| Operating profit (loss)9901 | -€185,467 | €63,335 | €126,022 | €249,493 | €112,475 | ▼ 54.9% |
| Financial income75/76B | - | €137 | €19,835 | €8 | €15,242 | ▲ 188,769% |
| Recurring financial income75 | - | €137 | €19,835 | €8 | €15,242 | ▲ 188,769% |
| Non-recurring financial income76B | - | - | €19,835 | - | - | - |
| Financial charges65/66B | - | €35,649 | €31,892 | €50,742 | €44,071 | ▼ 13.1% |
| Recurring financial charges65 | €30,541 | €35,649 | €31,892 | €50,742 | €44,071 | ▼ 13.1% |
| Profit (loss) for the period before taxes9903 | -€216,008 | €27,824 | €113,965 | €198,760 | €83,645 | ▼ 57.9% |
| Income taxes67/77 | -€57,140 | €13,304 | €53,231 | €65,786 | €31,042 | ▼ 52.8% |
| Profit (loss) for the period9904 | -€158,868 | €14,519 | €60,734 | €132,974 | €52,603 | ▼ 60.4% |
| Profit (loss) for the period to be appropriated9905 | -€158,868 | €14,519 | €60,734 | €132,974 | €52,603 | ▼ 60.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €1.9m | €2.2m | €2.4m | €2.2m | ▼ 8.7% |
| Formation expenses20 | - | - | - | - | €9,285 | - |
| Fixed assets21/28 | €71,421 | €58,963 | €102,966 | €812,689 | €128,642 | ▼ 84.2% |
| Intangible fixed assets21 | €1 | €1 | €1 | €1 | €1 | = |
| Tangible fixed assets22/27 | €71,420 | €58,962 | €102,965 | €91,023 | €128,455 | ▲ 41.1% |
| Furniture and vehicles24 | - | €51,612 | €100,040 | €88,718 | €115,026 | ▲ 29.7% |
| Other tangible fixed assets26 | - | €318 | €2,925 | €2,305 | €8,643 | ▲ 275% |
| Assets under construction and advance payments27 | - | €7,032 | - | - | €4,785 | - |
| Financial fixed assets28 | - | - | - | €721,664 | €186 | ▼ 100.0% |
| Current assets29/58 | €1.8m | €1.9m | €2.1m | €1.6m | €2.0m | ▲ 29.7% |
| Amounts receivable after more than one year29 | - | - | - | - | €502,411 | - |
| Trade receivables290 | - | - | - | - | €502,411 | - |
| Stocks and contracts in progress3 | €650,514 | €594,219 | €580,598 | €520,855 | €497,751 | ▼ 4.4% |
| Stocks30/36 | - | €594,219 | €580,598 | €520,855 | €497,751 | ▼ 4.4% |
| Amounts receivable within one year40/41 | €1.0m | €1.1m | €1.4m | €938,424 | €995,634 | ▲ 6.1% |
| Trade receivables40 | - | €640,355 | €804,684 | €917,544 | €978,796 | ▲ 6.7% |
| Other amounts receivable41 | - | €480,199 | €615,375 | €20,880 | €16,838 | ▼ 19.4% |
| Cash at bank and in hand54/58 | €143,557 | €112,780 | €53,490 | €88,212 | €35,733 | ▼ 59.5% |
| Deferred charges and accrued income490/1 | - | €23,461 | €25,043 | €27,079 | €11,209 | ▼ 58.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €1.9m | €2.2m | €2.4m | €2.2m | ▼ 8.7% |
| Equity10/15 | €255,379 | €269,899 | €330,633 | €463,606 | €149,427 | ▼ 67.8% |
| Contributions10/11 | - | €131,000 | €131,000 | €131,000 | €281,000 | ▲ 115% |
| Reserves13 | €152,422 | €152,422 | €152,422 | €152,422 | €194,422 | ▲ 27.6% |
| Non-distributable reserves130/1 | - | €13,100 | €13,100 | €13,100 | €55,100 | ▲ 321% |
| Reserves not available under the articles1311 | - | €13,100 | €13,100 | €13,100 | €55,100 | ▲ 321% |
| Tax-exempt reserves132 | - | €115,029 | €77,529 | €77,529 | €77,529 | = |
| Distributable reserves133 | - | €24,294 | €61,794 | €61,794 | €61,794 | = |
| Profit (loss) carried forward14 | -€28,043 | -€13,524 | €47,210 | €180,184 | -€325,996 | ▼ 281% |
| Provisions and deferred taxes16 | - | €8,000 | €23,810 | - | - | - |
| Provisions for liabilities and charges160/5 | - | €8,000 | €23,810 | - | - | - |
| Other liabilities and charges164/5 | - | €8,000 | €23,810 | - | - | - |
| Amounts payable17/49 | €1.6m | €1.6m | €1.8m | €1.9m | €2.0m | ▲ 5.6% |
| Amounts payable after more than one year17 | €46,734 | €86,567 | €39,436 | €32,126 | €36,990 | ▲ 15.1% |
| Financial debts170/4 | - | €86,567 | €39,436 | €32,126 | €36,990 | ▲ 15.1% |
| Amounts payable within one year42/48 | €1.6m | €1.5m | €1.8m | €1.9m | €2.0m | ▲ 5.4% |
| Current portion of amounts payable after more than one year42 | - | €75,793 | €459,244 | €30,930 | €22,068 | ▼ 28.7% |
| Financial debts43 | - | €725,441 | €345,167 | €704,838 | €807,854 | ▲ 14.6% |
| Credit institutions430/8 | - | €725,441 | €345,167 | €704,838 | €807,854 | ▲ 14.6% |
| Trade debts44 | €524,490 | €534,032 | €655,426 | €804,481 | €790,120 | ▼ 1.8% |
| Suppliers440/4 | - | €534,032 | €655,426 | €804,481 | €790,120 | ▼ 1.8% |
| Taxes, remuneration and social security45 | - | €210,190 | €328,127 | €351,211 | €374,207 | ▲ 6.5% |
| Taxes450/3 | - | €60,858 | €141,040 | €168,192 | €115,806 | ▼ 31.1% |
| Remuneration and social security454/9 | - | €149,332 | €187,087 | €183,019 | €258,401 | ▲ 41.2% |
| Other amounts payable47/48 | - | €53 | €53 | €53 | - | - |
| Accrued charges and deferred income492/3 | - | - | €261 | €12 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€158,868 | €14,519 | €60,734 | €132,974 | €52,603 | ▼ 60.4% |
| + Depreciation and write-downs630 | €22,223 | €24,051 | €28,513 | €45,191 | €32,102 | ▼ 29.0% |
| Operating cash flow (approximation) | -€136,645 | €38,571 | €89,246 | €178,165 | €84,705 | ▼ 52.5% |
| Investment in fixed assets (approximation) | - | -€11,594 | -€72,515 | -€754,914 | €651,945 | ▲ 186% |
| Change in cash | - | -€30,777 | -€59,290 | €34,722 | -€52,479 | ▼ 251% |
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
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
07-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 191 days late
2023
31-12
Financial
Highest result since 2018net €132,974 ▲119%
Operating result €249,493, net result €132,974, both a record.
2022
28-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 150 days late
2021
31-12
Financial
Back to profitnet €14,519
Net result €14,519 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet -€158,868
Net result drops to -€158,868, the lowest in the series; recovery starts the following year.
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 54 days late
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has 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
7 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, Morlanwelz · 1 establishment unit since 1975
Ground area
100 m²
Building footprint
64 m²
Parcel 56057A0290/00B006, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue de l' Etoile(MLZ) 9, 7140 Morlanwelz
since 19752.014.698.017
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56057A0290/00B006 | Wallonia | 100 m² | 1 · 64 m² | - |
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.
Structure & network
Owners and holdings
1 ownerChain of control
- ARNONE MANAGEMENT, EN ABREGE : A.-M.
- MECA - NORMAL
Highest known parent: ARNONE MANAGEMENT, EN ABREGE : A.-M.. The sources do not say who stands above it.
Owners 1
- 99.96%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
Rijmaran
BE 0416.046.559
Brugge · Eq €149,693
BRC SERVICES
BE 0645.665.850
Kortrijk · Eq €149,697
KS Auto-Pièces
BE 0647.594.962
Verviers · Eq €150,151
AQ FERO SERVICE
BE 0679.597.341
Antwerpen · Eq €148,702
IRON SALE EUROPE
BE 0439.157.897
Huy · Eq €148,488
Of 1,743 companies in sector 46720 we hold annual accounts for 1,083. 705 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-01-1975
Fiscal year end31-12
Activities, NACEBEL 2025
46720Wholesale of motor vehicle parts and accessories
47820Retail sale of motor vehicle parts and accessories
46630Wholesale trade
46810Wholesale of solid, liquid and gaseous fuels and related products
47300Retail sale of automotive fuel
Contact
Website
www.mecanormal.be
E-mail
info@mecanormal.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0414783876
Also
9925:BE0414783876
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.