MECANO
ActiveSummary
MECANO has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €378k and a net result of €-9k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 86% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability31▼-60
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 12.99 against 6.4 in 2024; short-term debt: 5.4% and cash: 1.1% of total assets), and 11.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
88.6%
Return on assets
-2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
2 d early
2022
54 d early
2021
4 d early
2020
31 d late
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€378k▼ 2.2%
2024 · €386k
2018: €273klowest in 8 years
2019: €281k▲ +3.0% vs 2018
2020: €288k▲ +2.2% vs 2019
2021: €300k▲ +4.3% vs 2020
2022: €312k▲ +4.2% vs 2021
2023: €302k▼ -3.3% vs 2022
2024: €386k▲ +28.0% vs 2023highest in 8 years
2025: €378k▼ -2.2% vs 2024
2018 → 2025
Total assets
€427k▼ 8.2%
2024 · €464k
2018: €535khighest in 8 years
2019: €492k▼ -8.1% vs 2018
2020: €482k▼ -2.1% vs 2019
2021: €481k▼ -0.1% vs 2020
2022: €480k▼ -0.3% vs 2021
2023: €463k▼ -3.6% vs 2022
2024: €464k▲ +0.4% vs 2023
2025: €427k▼ -8.2% vs 2024lowest in 8 years
2018 → 2025
Net result
€-9k
2024 · €85k
2018: €13k
2019: €8k▼ -34.1% vs 2018
2020: €6k▼ -24.9% vs 2019
2021: €12k▲ +96.3% vs 2020
2022: €13k▲ +2.8% vs 2021
2023: €18k▲ +44.1% vs 2022
2024: €85k▲ +366% vs 2023highest in 8 years
2025: €-9k▼ -110% vs 2024lowest in 8 years
2018 → 2025
Working capital
€276k▲ 1.7%
2024 · €271k
2018: €21klowest in 8 years
2019: €26k▲ +22.6% vs 2018
2020: €36k▲ +39.1% vs 2019
2021: €51k▲ +43.8% vs 2020
2022: €65k▲ +27.2% vs 2021
2023: €44k▼ -32.1% vs 2022
2024: €271k▲ +513% vs 2023
2025: €276k▲ +1.7% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€300k-€312k▲ 4.2%€302k▼ 3.3%€386k▲ 28.0%€378k▼ 2.2%
2021: €300klowest in 5 years
2022: €312k▲ +4.2% vs 2021
2023: €302k▼ -3.3% vs 2022
2024: €386k▲ +28.0% vs 2023highest in 5 years
2025: €378k▼ -2.2% vs 2024
Operating result€20k-€19k▼ 4.9%€20k▲ 8.4%€114k▲ 462%€-13k
2021: €20k
2022: €19k▼ -4.9% vs 2021
2023: €20k▲ +8.4% vs 2022
2024: €114k▲ +462% vs 2023highest in 5 years
2025: €-13k▼ -111% vs 2024lowest in 5 years
Net result€12k-€13k▲ 2.8%€18k▲ 44.1%€85k▲ 366%€-9k
2021: €12k
2022: €13k▲ +2.8% vs 2021
2023: €18k▲ +44.1% vs 2022
2024: €85k▲ +366% vs 2023highest in 5 years
2025: €-9k▼ -110% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €13k after €114k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €427k
Fixed assets
€127k ▼ 10.7%
Current assets
€299k ▼ 7.0%
Equity and liabilities €427k
Equity
€378k ▼ 2.2%
Provisions
€26k ▼ 5.2%
Debt
€23k ▼ 54.7%
Debt's share of the balance-sheet total falls from 10.9% to 5.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5k▼
2024 · €132k
Cash flow
€9k▼
2024 · €102k
Current ratio
12.99▲
2024 · 6.40
Debt to equity
0.06▼
2024 · 0.13
ROE
-2.3%▼
2024 · 21.9%
ROA
-2.0%▼
2024 · 18.2%
Interest coverage
1.75▼
2024 · 34.42
Debt ≤ 1 year
€23k▼
2024 · €50k
Income taxes
€2k▼
2024 · €40k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€464k€427k▼
Fixed assets21/28€143k€127k▼
Tangible fixed assets22/27€132k€117k▼
Land and buildings22€113k€104k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€16k€10k▼
Financial fixed assets28€11k€11k=
Current assets29/58€322k€299k▼
Amounts receivable within one year40/41€14k€19k▲
Trade receivables40€14k€5k▼
Other amounts receivable41€0€13k▲
Current investments50/53€224k€275k▲
Cash at bank and in hand54/58€76k€5k▼
Deferred charges and accrued income490/1€8k€1k▼
Equity and liabilities
Total equity and liabilities10/49€464k€427k▼
Equity10/15€386k€378k▼
Contributions10/11€12k€12k=
Reserves13€314k€307k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€85k€77k▼
Distributable reserves133€230k€230k=
Profit (loss) carried forward14€60k€59k▼
Provisions and deferred taxes16€27k€26k▼
Deferred taxes168€27k€26k▼
Amounts payable17/49€51k€23k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€50k€23k▼
Current portion of amounts payable after more than one year42€15k€4k▼
Trade debts44€14k€476▼
Suppliers440/4€14k€476▼
Taxes, remuneration and social security45€22k€15k▼
Taxes450/3€22k€15k▼
Other amounts payable47/48€0€4k▲
Accrued charges and deferred income492/3€476€0▼
Income statement
Code20242025
Non-recurring operating income76A€107k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€18k▲
Other operating charges640/8€4k€2k▼
Non-recurring operating charges66A-€24
Gross operating margin9900€136k€7k▼
Operating profit (loss)9901€114k€-13k▼
Financial income75/76B€5k€8k▲
Recurring financial income75€5k€8k▲
Non-recurring financial income76B€0-
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€115k€-8k▼
Transfer from deferred taxes780€34k€1k▼
Transfer to deferred taxes680€26k€0▼
Income taxes67/77€40k€2k▼
Profit (loss) for the period9904€85k€-9k▼
Transfer from tax-exempt reserves789€70k€7k▼
Transfer to tax-exempt reserves689€77k€0▼
Profit (loss) for the period to be appropriated9905€77k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€137k€59k▼
Profit (loss) brought forward from the previous period14P€60k€60k=
Transfer from equity791/2€0-
Transfer to equity691/2€77k€0▼
To other reserves6921€77k€0▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €895 | €9k | €107k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21k | €31k | €26k | €17k | €18k | ▲ 1.6% |
| Other operating charges640/8 | €3k | €3k | €3k | €4k | €2k | ▼ 51.7% |
| Non-recurring operating charges66A | - | - | - | - | €24 | - |
| Gross operating margin9900 | €44k | €52k | €50k | €136k | €7k | ▼ 95.2% |
| Operating profit (loss)9901 | €20k | €19k | €20k | €114k | €-13k | ▼ 111% |
| Financial income75/76B | €130 | €1k | €8k | €5k | €8k | ▲ 56.0% |
| Recurring financial income75 | €130 | €1k | €1k | €5k | €8k | ▲ 56.0% |
| Non-recurring financial income76B | - | - | €7k | €0 | - | - |
| Financial charges65/66B | €4k | €3k | €3k | €4k | €3k | ▼ 31.1% |
| Recurring financial charges65 | €4k | €3k | €3k | €4k | €3k | ▼ 31.1% |
| Profit (loss) for the period before taxes9903 | €16k | €16k | €25k | €115k | €-8k | ▼ 107% |
| Transfer from deferred taxes780 | €4k | €4k | €4k | €34k | €1k | ▼ 95.9% |
| Transfer to deferred taxes680 | - | - | - | €26k | €0 | ▼ 100% |
| Income taxes67/77 | €8k | €8k | €11k | €40k | €2k | ▼ 94.8% |
| Profit (loss) for the period9904 | €12k | €13k | €18k | €85k | €-9k | ▼ 110% |
| Transfer from tax-exempt reserves789 | €6k | €6k | €6k | €70k | €7k | ▼ 89.3% |
| Transfer to tax-exempt reserves689 | - | - | - | €77k | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €19k | €19k | €24k | €77k | €-1k | ▼ 102% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €481k | €480k | €463k | €464k | €427k | ▼ 8.2% |
| Fixed assets21/28 | €400k | €381k | €381k | €143k | €127k | ▼ 10.7% |
| Tangible fixed assets22/27 | €400k | €381k | €381k | €132k | €117k | ▼ 11.6% |
| Land and buildings22 | €387k | €370k | €354k | €113k | €104k | ▼ 7.3% |
| Plant, machinery and equipment23 | €8k | €8k | €4k | €3k | €2k | ▼ 31.2% |
| Furniture and vehicles24 | €4k | €3k | €23k | €16k | €10k | ▼ 37.7% |
| Financial fixed assets28 | - | - | - | €11k | €11k | = |
| Current assets29/58 | €82k | €99k | €82k | €322k | €299k | ▼ 7.0% |
| Amounts receivable within one year40/41 | €11k | €90 | €607 | €14k | €19k | ▲ 34.9% |
| Trade receivables40 | €11k | - | - | €14k | €5k | ▼ 60.9% |
| Other amounts receivable41 | - | €90 | €607 | €0 | €13k | - |
| Current investments50/53 | €37k | €53k | €62k | €224k | €275k | ▲ 22.8% |
| Cash at bank and in hand54/58 | €33k | €35k | €17k | €76k | €5k | ▼ 93.9% |
| Deferred charges and accrued income490/1 | €1k | €10k | €2k | €8k | €1k | ▼ 87.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €481k | €480k | €463k | €464k | €427k | ▼ 8.2% |
| Equity10/15 | €300k | €312k | €302k | €386k | €378k | ▼ 2.2% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €228k | €240k | €230k | €314k | €307k | ▼ 2.4% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €0 | - | - |
| Tax-exempt reserves132 | €90k | €83k | €77k | €85k | €77k | ▼ 8.8% |
| Distributable reserves133 | €135k | €154k | €150k | €230k | €230k | = |
| Profit (loss) carried forward14 | €60k | €60k | €60k | €60k | €59k | ▼ 2.1% |
| Provisions and deferred taxes16 | €44k | €40k | €36k | €27k | €26k | ▼ 5.2% |
| Deferred taxes168 | €44k | €40k | €36k | €27k | €26k | ▼ 5.2% |
| Amounts payable17/49 | €138k | €128k | €125k | €51k | €23k | ▼ 54.7% |
| Amounts payable after more than one year17 | €107k | €94k | €88k | €0 | - | - |
| Financial debts170/4 | €107k | €94k | €88k | €0 | - | - |
| Amounts payable within one year42/48 | €31k | €34k | €37k | €50k | €23k | ▼ 54.2% |
| Current portion of amounts payable after more than one year42 | €13k | €13k | €21k | €15k | €4k | ▼ 76.1% |
| Trade debts44 | €693 | €4k | €3k | €14k | €476 | ▼ 96.5% |
| Suppliers440/4 | €693 | €4k | €3k | €14k | €476 | ▼ 96.5% |
| Taxes, remuneration and social security45 | €16k | €17k | €14k | €22k | €15k | ▼ 33.4% |
| Taxes450/3 | €10k | €17k | €14k | €22k | €15k | ▼ 33.4% |
| Remuneration and social security454/9 | €6k | - | - | - | - | - |
| Other amounts payable47/48 | €1k | - | €192 | €0 | €4k | - |
| Accrued charges and deferred income492/3 | - | - | - | €476 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12k | €13k | €18k | €85k | €-9k | ▼ 110% |
| + Depreciation and write-downs630 | €21k | €31k | €26k | €17k | €18k | ▲ 1.6% |
| Operating cash flow (approximation) | €34k | €43k | €45k | €102k | €9k | ▼ 91.2% |
| Investment in fixed assets (approximation) | - | €-12k | €-26k | €221k | €-2k | ▼ 101% |
| Change in cash | - | €3k | €-19k | €59k | €-72k | ▼ 221% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 12.99
Current ratio from 6.40 to 12.99; short-term debt falls from €50k to €23k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €85k ▲366%
Operating result €114k, net result €85k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 6.40
Current ratio from 2.19 to 6.40.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are 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, Leuven · 1 establishment unit since 2002
Ground area
1,082 m²
Building footprint
246 m²
Volume, LiDAR
1,920 m³
2 parcels, Brussels, Flanders · tallest building 17.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Generaal Lemanstraat 77, 1040 Etterbeek
since 20022.091.869.138
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24051C0137/00Z000 | Flanders | 865 m² | 1 · 145 m² | 8.2 m · 2 fl. |
| 21005A0314/00V023 | Brussels | 217 m² | 1 · 101 m² | 17.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
ELEVATE-IT
BE 0708.925.983
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LEGOREUS
BE 0890.513.844
Antwerpen · Eq €377,763
BMR - ENGINEERING
BE 0827.693.971
Rijkevorsel · Eq €377,752
PONO
BE 0800.970.669
Antwerpen · Eq €377,734
VRG CONSULTING
BE 0878.802.083
Rijkevorsel · Eq €377,630
Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 13,045 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-03-1999
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.