Summary
MECADI has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €33k and a net result of €31k. Its solvency ranks better than 74% of 3283 sector peers (fiscal year 2023). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Axes, FY 2023
Profitability100
Solvency87
Growth-
Track record79
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
61.7%
Return on assets
58%
Age of the figures
33 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 01-07-2024, 30 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2023
30 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€33k
Total assets
€54k
Net result
€31k
Working capital
€28k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €52k
Fixed assets
€3k
Current assets
€49k
Equity and liabilities €54k
Equity
€33k
Debt
€21k
Debt finances 38.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€46k
Cash flow
€33k
Current ratio
2.34
Debt to equity
0.62
ROE
94.0%
ROA
58.0%
Interest coverage
396.55
Debt ≤ 1 year
€21k
Income taxes
€13k
Filed annual accounts As filed with the NBB · 2023 · 38 lines
Balance sheet
Code2023
Assets
Total assets20/58€54k
Formation expenses20€2k
Fixed assets21/28€3k
Tangible fixed assets22/27€3k
Furniture and vehicles24€3k
Current assets29/58€49k
Amounts receivable within one year40/41€7k
Trade receivables40€7k
Other amounts receivable41€21
Cash at bank and in hand54/58€41k
Deferred charges and accrued income490/1€383
Equity and liabilities
Total equity and liabilities10/49€54k
Equity10/15€33k
Contributions10/11€2k
Capital10€2k
Issued capital100€2k
Reserves13€31k
Distributable reserves133€31k
Amounts payable17/49€21k
Amounts payable within one year42/48€21k
Trade debts44€237
Suppliers440/4€237
Taxes, remuneration and social security45€21k
Taxes450/3€20k
Remuneration and social security454/9€375
Income statement
Code2023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k
Other operating charges640/8€1k
Gross operating margin9900€47k
Operating profit (loss)9901€44k
Financial charges65/66B€116
Recurring financial charges65€116
Profit (loss) for the period before taxes9903€44k
Income taxes67/77€13k
Profit (loss) for the period9904€31k
Profit (loss) for the period to be appropriated9905€31k
Appropriation of the result
Profit (loss) to be appropriated9906€31k
Transfer to equity691/2€31k
To other reserves6921€31k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Malmedy · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hédomont-R. du Bois des Hêtres 104960 Malmedy1 establishment unit
MECADI
since 20232.343.928.388
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Of 7,373 companies in sector 95311 we hold annual accounts for 2,960. 1,909 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formLimited partnership
Founded22-03-2023
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filing
Scores and ratios are computed by Checked and are not a credit decision.