MECANCO

Active

Private limited companyfounded 1990active for 36 yearsHollestraat 7, 1570 Pajottegem, BelgiumKBO/BCE: BE 0439.521.648

Summary

The computed 12-month bankruptcy probability of MECANCO is 2.7% (moderate). For MECANCO, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €2.1m and a net result of -€165,317. Equity remains stable across the filed financial years (±0.4% per year). Its solvency ranks better than 60% of 504 sector peers (NACE 28, financial year 2024). The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals.

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MECANCOActive

Risk analysis Report Compare

Activity

Manufacture of machinery and equipment not elsewhere classified

NACE 28410

2nd largest company by total assets in Pajottegem, Manufacturing sector1 site

Size

€3.3mtotal assets 2024

Equity: €2.1m
Loss: -€165,317

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 2.7%

2024 figures too old to score

Structure

Van Derstichelen JimmyDirector

2025 accounts not filed, 179 days past the deadline1 of 2 deeds summarised

Signalsraises riskFigures for financial year 2024 (filed 30-04-2025)Loss of €165,317 (financial year 2024)1 financial year not filed after the legal deadline; 1 of the last 3 lateAnnual accounts not filedlowers riskFounded in 1990neutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2024 are too old to assess current financial health.

Filing: One filing cycle is missing

Financial strength, FY 2024 · tick = 2023

Average

Solvency 88-4

equity 63.5% of total assets

Liquidity 51-7

short-term debt 14.2% · cash 3.3%

Profitability 12-57

return on assets -5.0%

Bankruptcy probability, 12 months

2.7% Moderate

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (291 companies, NACE 28, small)

Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%▲ +0.1 percentage points vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.4%▲ +0.1 percentage points vs 01-2026 03-2026: 0.3%▼ -0.1 percentage points vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%▲ +0.2 percentage points vs 04-2026 06-2026: 0.7%▲ +0.1 percentage points vs 05-2026 07-2026: 0.9%▲ +0.2 percentage points vs 06-2026 08-2026: 1.0%▲ +0.1 percentage points vs 07-2026 09-2026: 1.3%▲ +0.3 percentage points vs 08-2026 10-2026: 2.7%▲ +1.4 percentage points vs 09-2026highest value

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Signals

Six signals.

lowers riskraises riskneutral

Figures for financial year 2024 (filed 30-04-2025)

NBB · annual accounts

Loss of €165,317 (financial year 2024)

NBB · annual accounts

Founded in 1990

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

KBO

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

NBB · filings

Annual accounts not filed

The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 179 days later.

NBB · 10 filings

Position against the passed deadline

30-09-2025 year end30-04-2026 deadline26-10-2026 today

Latest accounts filed on time

The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 30-04-2025, 0 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

on the day

2023

73 days late

2022

2 days late

2021

1 day early

2020

1 day early

2019

on the day

← 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 12 days after the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-04-2025 Annual accounts filedfinancial year 2024 · micro…
30-09-2024 Weakest financial yearnet -€165,317
12-07-2024 Annual accounts filedfinancial year 2023 · micro…

Key points

Risk: 2025 accounts not fileddeadline was 30-04-2026 179 days past the deadline View
Caution: Among the weakest 5% on net resultsector median €11,504 · 504 companies -€165,317 View
Caution: From profit to loss in 2024after €748 in 2023 -€165,317 View

By topic

Financials

Financial year: 2024
Total assets: €3.3m
Loss: -€165,317
Solvency: 63.5%

Total assets▼ 2.3%

Net result

20192024

Go to Financials

Board & ownership

Board: 1 member

Van Derstichelen JimmyDirector

Go to Board & ownership

Timeline

Events: 38
Since: 1992

05-01-2024Resignation: Van Derstichelen Jimmy (zaakvoerder,thans bestuurder)
30-09-2023Back to profit
02-05-2023Annual accounts filed

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Manufacture of machinery and equipment not elsewhere classifiedNACE 28410
Founded: 19-01-1990
Year ends: 30-09
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 26

Who signs: Each director alone
Annual meeting: Second Saturday of March at 14:00
Purpose: “Vervaardiging van metalen constructiewerken en delen daarvan; Vervaardiging van metalen…” (deed in Dutch)

Go to Articles of association

Key facts about MECANCO

What is the company number of MECANCO?: 0439.521.648. In Belgium the VAT number is the company number with BE in front: BE 0439.521.648.
Where is MECANCO based?: The registered office is at Hollestraat 7, 1570 Pajottegem.Company details
What does MECANCO do?: According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28410).
What is the legal form of MECANCO?: Private limited company (BV).
When was MECANCO founded?: On 19-01-1990.
Is MECANCO still active?: Yes, MECANCO is an active enterprise in the KBO register.
What is the turnover of MECANCO?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is MECANCO profitable?: In financial year 2024, MECANCO made a loss of €165,317.
Where can I find the annual accounts of MECANCO?: MECANCO filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2024.