MECANICAR
BankruptcyThe KBO register records for MECANICAR the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €261k and a net result of €22k.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 94% of 3539 peers (2024). A comfortable equity buffer.
NBB · sector comparisonPosition among 3539 sector peers
Solvency
better than 94%
← weakest
strongest →
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €261k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-10-2025, 75 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
75 d late
2023
13 d early
2022
12 d early
2021
31 d late
2020
61 d late
2019
143 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€261k▲ 9.3%
2023 · €238k
2018: €200k
2019: €199k
2020: €195k
2021: €101k
2022: €102k
2023: €238k
2018 → 2024
Total assets
€290k▲ 2.3%
2023 · €283k
2018: €258k
2019: €227k
2020: €264k
2021: €202k
2022: €197k
2023: €283k
2018 → 2024
Net result
€22k▼ 83.8%
2023 · €136k
2018: €14k
2019: €-379
2020: €-4k
2021: €-94k
2022: €1k
2023: €136k
2018 → 2024
Working capital
€245k▲ 5.5%
2023 · €232k
2018: €147k
2019: €157k
2020: €185k
2021: €82k
2022: €79k
2023: €232k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€195k-€101k▼ 48.1%€102k▲ 1.1%€238k▲ 133%€261k▲ 9.3%
Operating result€-3k-€-82k▼ 3,102%€2k€-15k€28k
Net result€-4k-€-94k▼ 2,090%€1k€136k▲ 11,715%€22k▼ 83.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €28k after a loss of €15k in 2023, the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €290k
Fixed assets
€19k▲ 94.9%
Current assets
€270k▼ 1.1%
Equity and liabilities €290k
Equity
€261k▲ 9.3%
Debt
€29k▼ 34.7%
The debt ratio falls from 15.8% to 10.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€32k▲
2023 · €-14k
Cash flow
€26k▼
2023 · €137k
Solvency
89.9%▲
2023 · 84.2%
Current ratio
10.50▲
2023 · 6.62
Quick ratio
6.71▲
2023 · 5.27
Debt / equity
0.11▼
2023 · 0.19
ROE
8.5%▼
2023 · 57.1%
ROA
7.6%▼
2023 · 48.1%
Interest coverage
17.84▲
2023 · -3.26
Debt
€29k▼
2023 · €45k
Debt ≤ 1 year
€26k▼
2023 · €41k
Income taxes
€6k▼
2023 · €14k
Staff costs
€101k▼
2023 · €114k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€283k€290k▲
Fixed assets21/28€10k€19k▲
Intangible fixed assets21-€2k
Tangible fixed assets22/27€10k€17k▲
Plant, machinery and equipment23€7k€9k▲
Furniture and vehicles24€558€6k▲
Other tangible fixed assets26€2k€2k▼
Financial fixed assets28€350€350=
Current assets29/58€273k€270k▼
Amounts receivable after more than one year29€126k€126k=
Other amounts receivable291€126k€126k=
Stocks and contracts in progress3€56k€98k▲
Stocks30/36€56k€98k▲
Amounts receivable within one year40/41€11k€27k▲
Trade receivables40€2k€17k▲
Other amounts receivable41€9k€9k=
Cash at bank and in hand54/58€80k€19k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€283k€290k▲
Equity10/15€238k€261k▲
Contributions10/11€17k€17k=
Reserves13€221k€221k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€220k€220k=
Profit (loss) carried forward14€33€22k▲
Amounts payable17/49€45k€29k▼
Amounts payable within one year42/48€41k€26k▼
Trade debts44€17k€11k▼
Suppliers440/4€17k€11k▼
Taxes, remuneration and social security45€23k€15k▼
Taxes450/3€5k€13k▲
Remuneration and social security454/9€18k€2k▼
Other amounts payable47/48€579€59▼
Accrued charges and deferred income492/3€3k€3k=
Income statement
Code20232024
Remuneration, social security and pensions62€114k€101k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€4k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€1k
Other operating charges640/8€2k€713▼
Gross operating margin9900€101k€135k▲
Operating profit (loss)9901€-15k€28k▲
Financial income75/76B€170k€2k▼
Recurring financial income75€6k€2k▼
Non-recurring financial income76B€164k-
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€150k€28k▼
Income taxes67/77€14k€6k▼
Profit (loss) for the period9904€136k€22k▼
Profit (loss) for the period to be appropriated9905€136k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€136k€22k▼
Profit (loss) brought forward from the previous period14P€53€33▼
Transfer to equity691/2€136k-
To other reserves6921€136k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 75 days late
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €136k ▲11715%
Net result €136k, the highest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 6.62
Current ratio from 1.86 to 6.62; short-term debt falls from €92k to €41k.
31-12
Financial
Equity above €200kEq €238k ▲133%
2 profitable years in a row build equity to €238k.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €1k
Net result €1k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-94k
Net result drops to €-94k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 143 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 directors, no change since 2025
David Gramme
CurrentDirector · since 31-03-2025
Julien Puissant
CurrentDirector · since 31-03-2025
Pierre Regnier
CurrentManaging director · since 01-03-2023
AMBROISSE André
CurrentDirector · since 28-10-2022
31-03-2025
David Gramme: Appointed as Director
31-03-2025
Julien Puissant: Appointed as Director
31-03-2025
Pierre Regnier: Appointed as Managing director
01-03-2023
Pierre Regnier: Appointed as Managing director
01-03-2023
AMBROISSE André: Resigned as Director
28-10-2022
AMBROISSE André: Appointed as Director
Location & real-estate footprint
Registered office, Flémalle · 1 establishment unit since 1992
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.
Chaussée d' Ivoz(IVR) 2904400 FlémalleGround area
771 m²
Building footprint
326 m²
Volume, LiDAR
1,540 m³
Parcel 62412C0547/00R002, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée d' Ivoz(IVR) 290, 4400 Flémalle
since 19922.056.664.373
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62412C0547/00R002 | Wallonia | 771 m² | 1 · 326 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GADISSEUR & FILS
BE 0836.821.077
Chaudfontaine · Eq €261k
BULAZAR CAR’S
BE 0758.390.837
Péruwelz · Eq €260k
N.T. CARS CONSULT
BE 0761.600.745
Namur · Eq €261k
PIKAERTS
BE 0809.334.643
Vilvoorde · Eq €260k
Tony Automotive
BE 0692.779.740
Kampenhout · Eq €260k
Of 10,620 companies in sector 47811 we hold annual accounts for 5,193. 3,682 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-1992
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
50200
50302
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:p.regnier2702@gmail.com
Phone:043382729