MECA SD
ActiveSummary
MECA SD has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,311 and a net result of €2,241. Equity is shrinking by about 18% per year across the filed financial years. Its solvency ranks better than 53% of 1,170 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Financials · financial year 2025, micro format
2022 to 2025, 4 financial years
The operating result returns to profit in 2025: €3,668 after a loss of €530 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 52, Warehousing and support activities for transportation: 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.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,474 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% | 0.9% |
| 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 74.5% 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 39,278 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.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | €1,728 | €511 | €2,051 | €2,791 | ▲ 36.1% |
| Other operating charges640/8 | €504 | €448 | €571 | €465 | ▼ 18.5% |
| Gross operating margin9900 | -€1,728 | -€511 | €41 | €4,133 | ▲ 9,941% |
| Operating profit (loss)9901 | -€2,232 | -€959 | -€530 | €3,668 | - |
| Financial income75/76B | - | - | - | €12 | - |
| Recurring financial income75 | - | - | - | €12 | - |
| Financial charges65/66B | €30 | €67 | €112 | €235 | ▲ 109% |
| Recurring financial charges65 | €30 | €67 | €112 | €235 | ▲ 109% |
| Profit (loss) for the period before taxes9903 | -€2,262 | -€1,026 | -€642 | €3,444 | - |
| Income taxes67/77 | - | - | - | €1,203 | - |
| Profit (loss) for the period9904 | -€2,262 | -€1,026 | -€642 | €2,241 | - |
| Profit (loss) for the period to be appropriated9905 | -€2,262 | -€1,026 | -€642 | €2,241 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €3,032 | €1,831 | €4,908 | €7,191 | ▲ 46.5% |
| Current assets29/58 | €3,032 | €1,831 | €4,908 | €7,191 | ▲ 46.5% |
| Amounts receivable within one year40/41 | €259 | €280 | €2,615 | - | - |
| Trade receivables40 | - | - | €2,092 | - | - |
| Other amounts receivable41 | €259 | €280 | €524 | - | - |
| Cash at bank and in hand54/58 | €2,773 | €1,551 | €2,292 | €7,191 | ▲ 214% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €3,032 | €1,831 | €4,908 | €7,191 | ▲ 46.5% |
| Equity10/15 | €2,738 | €1,712 | €1,070 | €3,311 | ▲ 209% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€2,262 | -€3,288 | -€3,930 | -€1,689 | ▲ 57.0% |
| Amounts payable17/49 | €294 | €119 | €3,838 | €3,879 | ▲ 1.1% |
| Amounts payable within one year42/48 | €294 | €119 | €3,838 | €3,879 | ▲ 1.1% |
| Trade debts44 | €294 | €15 | €1,591 | €1,999 | ▲ 25.6% |
| Suppliers440/4 | €294 | €15 | €1,591 | €1,999 | ▲ 25.6% |
| Advances received on contracts in progress46 | - | - | €2,128 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €136 | - |
| Taxes450/3 | - | - | - | €136 | - |
| Other amounts payable47/48 | - | €104 | €119 | €1,745 | ▲ 1,369% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,262 | -€1,026 | -€642 | €2,241 | - |
| Operating cash flow (approximation) | -€2,262 | -€1,026 | -€642 | €2,241 | - |
| Change in cash | - | -€1,222 | €741 | €4,898 | ▲ 561% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (4)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 05-06-2026 | 2026-00141509 |
| 31-12-2024 | micro format | 25-08-2025 | 2025-00442447 |
| 31-12-2023 | micro format | 10-09-2024 | 2024-00458112 |
| 31-12-2022 | micro format | 11-08-2023 | 2023-00332477 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.