MECABO

Active

Private limited companyfounded 1998active for 28 yearsRue du Vicinal 5, 6960 Manhay, BelgiumKBO/BCE: BE 0463.251.214

Summary

The computed 12-month bankruptcy probability of MECABO is 3.1% (moderate). The 2024 annual accounts show equity of €180,786 and a net result of €11,140. Equity remains stable across the filed financial years (±0.9% per year). Its solvency ranks better than 44% of 6,486 sector peers (NACE 47, financial year 2024). The company has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

MECABOActiveChecked score 50/100

Risk analysis Report Compare

Activity

Retail sale of cars and light vans (up to 3.5 tonnes)

NACE 47811General maintenance and repair of cars and light vans (up to 3.5 tonnes) NACE 95311

7th oldest company in Manhay, Wholesale and retail trade sector1 site

Size

€657,609total assets 2024

Staff: 5.9 FTE
Equity: €180,786
Profit: €11,140

Financial health

50 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 3.1%

Structure

Marc BORSUDirector

2025 accounts not filed, 87 days past the deadline

Why 50raises riskFigures for financial year 2024 (filed 03-10-2025)Liquidity: current ratio 1.22, cash €6,230, halved1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 3 of the last 3 latelowers riskFounded in 1998Show the evidence

Checked score

Score 2024

50 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 41% of its sector peers (NACE 47, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Average

Solvency 52+4

equity 27.5% of total assets

Liquidity 12-1

short-term debt 72.3% · cash 0.9%

Profitability 71+35

return on assets 1.7%

Bankruptcy probability, 12 months

3.1% Moderate

0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,242 companies, NACE 47, micro)

Last 24 months 11-2024: 2.1% 12-2024: 2.1%● unchanged vs 11-2024 01-2025: 2.1%● unchanged vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 2.0%▼ -0.1 percentage points vs 02-2025 04-2025: 2.0%● unchanged vs 03-2025 05-2025: 2.0%● unchanged vs 04-2025 06-2025: 1.9%▼ -0.1 percentage points vs 05-2025 07-2025: 2.2%▲ +0.3 percentage points vs 06-2025 08-2025: 2.9%▲ +0.7 percentage points vs 07-2025 09-2025: 3.3%▲ +0.4 percentage points vs 08-2025 10-2025: 4.0%▲ +0.7 percentage points vs 09-2025highest value 11-2025: 1.4%▼ -2.6 percentage points vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.4%● unchanged vs 03-2026 05-2026: 1.4%● unchanged vs 04-2026 06-2026: 1.2%▼ -0.2 percentage points vs 05-2026lowest value 07-2026: 1.3%▲ +0.1 percentage points vs 06-2026 08-2026: 2.2%▲ +0.9 percentage points vs 07-2026 09-2026: 2.5%▲ +0.3 percentage points vs 08-2026 10-2026: 3.1%▲ +0.6 percentage points vs 09-2026

Credit of up to €9,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity tight (current ratio 1.22, compared with 1.19 in 2023, below the usual 1.5; short-term debt: 72.3% and cash: 0.9% of total assets), and 72.5% of the assets are financed with debt and provisions.

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 47, micro): better than 43% on solvency, 12% on liquidity, 53% on profitability and 55% on growth.

The bankruptcy probability was computed on 25-10-2026 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 riskraises risk

Figures for financial year 2024 (filed 03-10-2025)

NBB · annual accounts

Founded in 1998

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Liquidity: current ratio 1.22, cash €6,230, halved

NBB · annual accounts

1 financial year not filed after the legal deadline; last filed accounts filed 61 days late; 3 of the last 3 late

NBB · filings

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline26-10-2026 today

2024 accounts filed 61 days late

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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

61 days late

2023

72 days late

2022

67 days late

2021

110 days late

2020

209 days late

2019

119 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 106 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-09-2025 Annual accounts filedfinancial year 2024 · full…
31-12-2024 Back to profitnet €11,140
11-10-2024 Annual accounts filedfinancial year 2023 · full…

Key points

Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
Positive: 7th oldest company in Manhay, Wholesale and retail trade sectorin the Checked rankings No. 7 View
One director decidessole director in office 1 View

By topic

Financials

Financial year: 2024
Total assets: €657,609
Profit: €11,140
Solvency: 27.5%

Total assets▼ 10.7%

Net result

20182024

Go to Financials

Board & ownership

Board: 1 member

Marc BORSUDirector

Go to Board & ownership

Timeline

Events: 32
Since: 1999

18-12-2023Resignation: Marc BORSU (director)
06-10-2023Annual accounts filed
31-12-2022Weakest financial year

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Retail sale of cars and light vans (up…NACE 47811
Founded: 11-05-1998
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 26

Annual meeting: 15 May at 20:00
Purpose: “L'achat et la vente (import,ex-port,gros,demi-gros,détail) et la location,la réparation et…” (deed in French)

Go to Articles of association

Key facts about MECABO

What is the company number of MECABO?: 0463.251.214. In Belgium the VAT number is the company number with BE in front: BE 0463.251.214.
Where is MECABO based?: The registered office is at Rue du Vicinal 5, 6960 Manhay.Company details
What does MECABO do?: According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of MECABO?: Private limited company (BV).
When was MECABO founded?: On 11-05-1998.
Is MECABO still active?: Yes, MECABO is an active enterprise in the KBO register.
How many employees does MECABO have?: On average 5.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of MECABO?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is MECABO profitable?: In financial year 2024, MECABO made a profit of €11,140.
Where can I find the annual accounts of MECABO?: MECABO filed 27 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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Overview