MECAPIERRE
ActiveSummary
MECAPIERRE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.27M and a net result of €43k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 95% of 677 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-2
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200k at 30 days acceptable
Liquidity ample (current ratio 18.76 against 10.13 in 2024; short-term debt: 3.6% and cash: 55.1% of total assets), and 3.6% of the assets are financed with debt.
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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
96.4%
Return on assets
1.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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
3 d late
2024
1 d early
2023
on the day
2022
11 d late
2021
8 d late
2020
9 d late
2019
17 d late
← 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€43k▼ 43.8%
2024 · €76k
Working capital
€1.52M▲ 5.5%
2024 · €1.44M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€50k▼ 13.0%€66k▲ 31.5%€58k▼ 12.3%€79k▲ 35.2%€34k▼ 56.2%
Net result€41k▼ 13.7%€53k▲ 29.4%€49k▼ 7.6%€76k▲ 55.4%€43k▼ 43.8%
Equity€2.40M▲ 1.3%€2.41M▲ 0.4%€2.31M▼ 4.2%€2.28M▼ 1.5%€2.27M▼ 0.4%
Total assets€2.47M▲ 1.9%€2.48M=€2.51M▲ 1.4%€2.43M▼ 3.1%€2.35M▼ 3.4%
Debt€71k▲ 27.7%€63k▼ 11.6%€201k▲ 219%€158k▼ 21.3%€86k▼ 45.8%
Working capital€1.52M▲ 7.2%€1.59M▲ 4.7%€1.56M▼ 1.9%€1.44M▼ 7.5%€1.52M▲ 5.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 56% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.35M
Fixed assets
€743k ▼ 10.7%
Current assets
€1.61M ▲ 0.4%
Equity and liabilities €2.35M
Equity
€2.27M ▼ 0.4%
Debt
€86k ▼ 45.8%
Debt's share of the balance-sheet total falls from 6.5% to 3.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€123k▼
2024 · €158k
Cash flow
€132k▼
2024 · €155k
Current ratio
18.76▲
2024 · 10.13
Quick ratio
17.52▲
2024 · 9.22
Debt to equity
0.04▼
2024 · 0.07
ROE
1.9%▼
2024 · 3.3%
ROA
1.8%▼
2024 · 3.1%
Interest coverage
69.99▼
2024 · 1752.85
Debt ≤ 1 year
€86k▼
2024 · €158k
Income taxes
€10k▼
2024 · €38k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €26k | €16k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €72k | €72k | €72k | €79k | €89k | ▲ 12.1% |
| Other operating charges640/8 | €2k | €2k | €7k | €7k | €8k | ▲ 3.4% |
| Non-recurring operating charges66A | €29 | €899 | €-1 | €0 | €7 | ▲ 5,085% |
| Gross operating margin9900 | €150k | €157k | €137k | €165k | €131k | ▼ 20.8% |
| Operating profit (loss)9901 | €50k | €66k | €58k | €79k | €34k | ▼ 56.2% |
| Financial income75/76B | €5k | €5k | €10k | €35k | €20k | ▼ 43.0% |
| Recurring financial income75 | €5k | €5k | €10k | €29k | €20k | ▼ 31.9% |
| Non-recurring financial income76B | €0 | €5 | €1 | €6k | €0 | ▼ 100.0% |
| Financial charges65/66B | €805 | €23 | €181 | €90 | €2k | ▲ 1,856% |
| Recurring financial charges65 | €805 | €23 | €181 | €90 | €2k | ▲ 1,856% |
| Profit (loss) for the period before taxes9903 | €55k | €72k | €68k | €113k | €53k | ▼ 53.7% |
| Income taxes67/77 | €14k | €19k | €19k | €38k | €10k | ▼ 73.7% |
| Profit (loss) for the period9904 | €41k | €53k | €49k | €76k | €43k | ▼ 43.8% |
| Profit (loss) for the period to be appropriated9905 | €41k | €53k | €49k | €76k | €43k | ▼ 43.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.47M | €2.48M | €2.51M | €2.43M | €2.35M | ▼ 3.4% |
| Fixed assets21/28 | €886k | €823k | €751k | €832k | €743k | ▼ 10.7% |
| Intangible fixed assets21 | €710 | €355 | - | - | - | - |
| Tangible fixed assets22/27 | €885k | €823k | €751k | €832k | €743k | ▼ 10.7% |
| Land and buildings22 | €855k | €800k | €744k | €691k | €636k | ▼ 8.0% |
| Plant, machinery and equipment23 | €1k | €4k | €3k | €2k | €1k | ▼ 39.2% |
| Furniture and vehicles24 | €29k | €20k | €4k | €139k | €106k | ▼ 23.6% |
| Current assets29/58 | €1.59M | €1.65M | €1.76M | €1.60M | €1.61M | ▲ 0.4% |
| Amounts receivable after more than one year29 | - | - | €31k | €117k | €74k | ▼ 36.8% |
| Other amounts receivable291 | - | - | €31k | €117k | €74k | ▼ 36.8% |
| Stocks and contracts in progress3 | €138k | €216k | €202k | €144k | €106k | ▼ 25.9% |
| Stocks30/36 | €138k | €216k | €202k | €144k | €106k | ▼ 25.9% |
| Amounts receivable within one year40/41 | €165k | €160k | €157k | €81k | €129k | ▲ 58.9% |
| Trade receivables40 | €154k | €138k | €150k | €81k | €118k | ▲ 45.4% |
| Other amounts receivable41 | €11k | €22k | €7k | €162 | €11k | ▲ 6,790% |
| Cash at bank and in hand54/58 | €1.29M | €1.28M | €1.37M | €1.26M | €1.30M | ▲ 3.1% |
| Deferred charges and accrued income490/1 | - | €114 | - | €1k | €2k | ▲ 29.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.47M | €2.48M | €2.51M | €2.43M | €2.35M | ▼ 3.4% |
| Equity10/15 | €2.40M | €2.41M | €2.31M | €2.28M | €2.27M | ▼ 0.4% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €400k | €418k | €321k | €291k | €286k | ▼ 1.6% |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Tax-exempt reserves132 | €19k | €19k | €19k | €19k | €19k | = |
| Distributable reserves133 | €375k | €393k | €296k | €266k | €262k | ▼ 1.8% |
| Profit (loss) carried forward14 | €1.88M | €1.87M | €1.87M | €1.87M | €1.87M | = |
| Investment grants15 | €67k | €62k | €57k | €52k | €47k | ▼ 9.8% |
| Amounts payable17/49 | €71k | €63k | €201k | €158k | €86k | ▼ 45.8% |
| Amounts payable within one year42/48 | €71k | €63k | €201k | €158k | €86k | ▼ 45.8% |
| Trade debts44 | €46k | €13k | €32k | €24k | €18k | ▼ 28.0% |
| Suppliers440/4 | €46k | €13k | €32k | €24k | €18k | ▼ 28.0% |
| Taxes, remuneration and social security45 | €7k | €11k | €12k | €27k | €21k | ▼ 24.0% |
| Taxes450/3 | €3k | €11k | €12k | €27k | €21k | ▼ 24.0% |
| Remuneration and social security454/9 | €4k | - | - | - | - | - |
| Other amounts payable47/48 | €18k | €39k | €156k | €106k | €47k | ▼ 55.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41k | €53k | €49k | €76k | €43k | ▼ 43.8% |
| + Depreciation and write-downs630 | €72k | €72k | €72k | €79k | €89k | ▲ 12.1% |
| Operating cash flow (approximation) | €113k | €125k | €121k | €155k | €132k | ▼ 15.2% |
| Investment in fixed assets (approximation) | - | €-9k | €0 | €-160k | €0 | ▲ 100% |
| Change in cash | - | €-8k | €93k | €-112k | €39k | ▲ 135% |
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
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 3 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 11 days late
2022
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 8 days late
2021
31-12
Financial
Weakest financial yearnet €41k ▼13.7%
Net result drops to €41k, the lowest in the series; recovery starts the following year.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 9 days late
2020
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 17 days late
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 13 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 21 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Sprimont · 1 establishment unit since 1991
Ground area
1,933 m²
Parcel 62067E0823/00T000, Wallonia. Linked by address, not a title deed.
1 establishment unit
MECAPIERRE SA
since 19912.051.062.921
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62067E0823/00T000 | Wallonia | 1,933 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,983 companies in sector 25110 we hold annual accounts for 2,145. 1,002 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded28-12-1990
Fiscal year end31-12
Activities, NACEBEL 2025
25110Manufacture of metal structures and parts of structures
25530Machining of metals
Scores and ratios are computed by Checked and are not a credit decision.