Equity
-€56,219
Debts exceed assets in financial year 2025.
MECATOM
Overview
Lifetime
3 annual accounts with figures on one time axispeak €30,695 (2023)
-€25,828▲ €16,516
lowest -€50,273 (2024)
-€39,852▲ €10,421
peak €33,906 (2023)
-€56,219▼ €39,852
€169,319▼ 6.1%
Board1 name since 2023
1 directorBELLICANO Thomas Angelo
Documentsfilings and deeds
27-10-202688 days late
2025abbreviated format
Gross margin from -€42,344 to -€25,828Loss of €39,852Equity from -€16,367 to -€56,219Investments €27,000Cash from €533 to €10
Key points
from the 2025 annual accountsLosses
-€90,125 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
Debts
€169,319 150% of the balance sheet
Financial debts 16%Suppliers 68%Taxes and wages 5%Other 10%
Of this, €147,743 falls due within a year.
Investments
€27,000 3.0 × depreciation
Green is investment, beige is depreciation.
Filings
3 annual accounts 88 days
Latest accounts filed late: after the legal deadline.
Position in the sector
-49.7%
Lower solvency than 93% of companies in wholesale trade. Sector median 42.9% · 9,902 companies.
Turnover not published (abbreviated or micro format)
Checked score
34
Weak
Financially stronger than 4% of micro companies in wholesale trade (NACE 46)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
4.8% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,888 companies (NACE 46, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.1%lowest value
01-2025: 2.1%● unchanged vs 12-2024
02-2025: 2.3%▲ +0.2 percentage points vs 01-2025
03-2025: 2.3%● unchanged vs 02-2025
04-2025: 2.4%▲ +0.1 percentage points vs 03-2025
05-2025: 2.4%● unchanged vs 04-2025
06-2025: 2.4%● unchanged vs 05-2025
07-2025: 2.5%▲ +0.1 percentage points vs 06-2025
08-2025: 2.8%▲ +0.3 percentage points vs 07-2025
09-2025: 3.1%▲ +0.3 percentage points vs 08-2025
10-2025: 4.0%▲ +0.9 percentage points vs 09-2025
11-2025: 5.1%▲ +1.1 percentage points vs 10-2025
12-2025: 5.1%● unchanged vs 11-2025
01-2026: 5.1%● unchanged vs 12-2025
02-2026: 5.1%● unchanged vs 01-2026
03-2026: 5.1%● unchanged vs 02-2026
04-2026: 5.1%● unchanged vs 03-2026
05-2026: 5.1%● unchanged vs 04-2026
06-2026: 5.0%▼ -0.1 percentage points vs 05-2026
07-2026: 4.9%▼ -0.1 percentage points vs 06-2026
08-2026: 5.8%▲ +0.9 percentage points vs 07-2026
09-2026: 6.3%▲ +0.5 percentage points vs 08-2026highest value
10-2026: 4.8%▼ -1.5 percentage points vs 09-2026
11-2026: 4.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 88 days late; 2 of the last 3 accounts late
Liquidity: current ratio 0.39, cash €10, halved
Negative equity -€56,219
lowers risk
Size: total assets €113,100
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 6% of them on solvency, 1% on liquidity, 6% on profitability and 2% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as MECATOM has now. Each dot stands for 20 companies, two years later.
84.8%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MECATOM itself: 4.8% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for MECATOM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.39 (0.84 in 2024), below 1. Short-term debt is 130.6% and cash 0% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year -€56,219
raises risk · 2025 accounts filed 88 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-10-2026, 88 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filingsDeviation from the deadline
2025
88 days late
2024
92 days late
2023
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 70 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 October (3 of the last 3 accounts filed within 57 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0799259115
Incorporation
Founding capital of €10,000, 100 shares · Appointment: BELLICANO Thomas Angelo (director) · Registered office clause: Clos Laurent Pâques numéro 8, 4420 Saint-Nicolas · published on 09-03-2023 · Gazette deed
First establishment
Clos Laurent Pâques 8, Saint-Nicolas
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MECATOM Saint-Nicolas | €113,100 | -€25,828 | -49.7% | - |
| POLY DISPENSING SYSTEMS BENELUX Brussels | €69,498 | -€27,173 | -24.9% | - |
| Naturence Kortrijk | €37,946 | -€2,106 | -10.8% | - |
| ATLAS PACK & FOOD Sint-Genesius-Rode | €66,494 | -€16,439 | -61.6% | - |
| RUBBERINDUSTRIE Beringen | €38,859 | -€11,248 | -3.7% | - |
| MESSNER-SYSTEMPACK Raeren | €24,031 | €288 | 21.2% | - |
| LYB CLCS Sales BE Bornem | €410,568 | - | -0.4% | - |
These companies have the same main activity as MECATOM: wholesale trade (NACE 46869). They are comparable in size and age: total assets between €24,000 and €411,000, founded between 2020 and 2025.
Official details
Source: KBO- Status
- Active since 07-03-2023Normal situation
- Activity
- Wholesale tradeNACE 46869and 2 others
- Establishment unit
- 2.342.574.4474420 Saint-Nicolas, since 07-03-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 09-12-2025
Annual accounts 2025
- -€25,828▲ 39.0%
- €39,852▼ 20.7%
- -€56,219▼ 243%
- €113,100▼ 31.0%
- Filing
- Filed on 27-10-2026
Insights on MECATOM
MECATOM files the abbreviated format. That format states no turnover. The gross margin fell from €30,695 in 2023 to -€25,828 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 27-10-2026, 88 days late-€25,828
▲ €16,516
-€34,750
▲ €10,786
-€25,828
▲ €16,516
-€30,930
▲ €16,150
-49.7%
▼ 39.7 percentage points
0.39
▼ 0.45
Money flows
no detail for 2025Balance sheet
balance sheet total €113,100 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
-49.7%
Higher than 7% of 9,902 companies in 2025.
0.39
Higher than 6% of 9,665 companies in 2025.
-35.2%
Lower than 95% of 9,780 companies in 2025.
MECATOM
Middle half of the sector
80% of the sector
Abbreviated accounts in wholesale trade (NACE 46)
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
113,100 | 163,936 | 47,630 | |
21/28 |
55,461 | 37,383 | - | |
21 |
33,393 | - | - | |
22/27 |
22,068 | 37,383 | - | |
24 |
22,068 | 28,383 | - | |
27 |
- | 9,000 | - | |
29/58 |
57,638 | 126,553 | 47,630 | |
40/41 |
55,053 | 118,817 | 44,138 | |
40 |
55,053 | 118,817 | 44,138 | |
41 |
- | - | 0 | |
54/58 |
10 | 533 | 3,492 | |
490/1 |
2,576 | 7,203 | - | |
| Balance sheet: equity and liabilities | ||||
10/49 |
113,100 | 163,936 | 47,630 | |
10/15 |
-56,219 | -16,367 | 33,906 | |
10/11 |
10,000 | 10,000 | 10,000 | |
10 |
10,000 | - | 10,000 | |
100 |
10,000 | - | 10,000 | |
101 |
- | - | 0 | |
11 |
- | 10,000 | - | |
1109/19 |
- | 10,000 | - | |
14 |
-66,219 | -26,367 | 23,906 | |
17/49 |
169,319 | 180,303 | 13,725 | |
17 |
21,558 | 30,162 | - | |
170/4 |
21,558 | 30,162 | - | |
42/48 |
147,743 | 150,141 | 13,725 | |
42 |
7,003 | 6,560 | - | |
43 |
6,111 | 19,551 | - | |
430/8 |
6,111 | 19,551 | - | |
44 |
114,697 | 102,641 | 0 | |
440/4 |
114,697 | 102,641 | 0 | |
45 |
9,206 | 9,312 | 13,725 | |
450/3 |
9,206 | 9,312 | 13,725 | |
47/48 |
10,726 | 12,078 | - | |
492/3 |
18 | - | - | |
| Income statement | ||||
70 |
- | - | 94,656 | |
76A |
21,375 | - | - | |
9900 |
-25,828 | -42,344 | 30,695 | |
60/61 |
- | - | 64,760 | |
630 |
8,922 | 3,192 | - | |
9901 |
-34,750 | -45,536 | 30,695 | |
75/76B |
0 | 93 | - | |
75 |
0 | 93 | - | |
65/66B |
5,103 | 4,190 | 0 | |
65 |
5,103 | 4,190 | 0 | |
9903 |
-39,852 | -49,633 | 30,695 | |
67/77 |
- | 639 | 6,790 | |
9904 |
-39,852 | -50,273 | 23,906 | |
9905 |
-39,852 | -50,273 | 23,906 | |
| Appropriation of the result | ||||
9906 |
-66,219 | -26,367 | 23,906 | |
14P |
-26,367 | 23,906 | - | |
| Document | ||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 88 days after the deadline. Filed on 27 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00568892.
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| -25,828 | -42,344 | - | ||
| -30,930 | -47,081 | - | ||
| 27,000 | 40,575 | - | ||
| -523 | -2,959 | - | ||
| -90,105 | -23,588 | 33,906 | ||
| - | - | 32.4% | ||
| -49.7% | -10.0% | 71.2% | ||
| 0.39 | 0.84 | 3.47 | ||
| - | - | 0.40 | ||
| - | - | 70.5% | ||
| -35.2% | -30.7% | 50.2% | ||
| -5.06 | -10.11 | - | ||
| - | - | 170 days | ||
| - | - | 0 days |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | €40,575 | - |
| Intangible fixed assets | €27,000 | - | - |
| €8,922 | €3,192 | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on MECATOM
The operating result for 2025 is a loss of €34,750, smaller than the loss of €45,536 in 2024.
Equity is negative. Debt (€169,319) exceeds the balance-sheet total (€113,100).
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 07-03-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 27-10-2026
Mandates through the years
1 name, the dashed line is todayBELLICANO Thomas Angelo
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- BELLICANO Thomas Angelo
- Director (not named in the articles), from 07-03-2023 to date
Control
Capital
- Contribution
- €10,000
- Shares
- 100
- Contribution per share
- €100
- Equity per share
- -€562 in 2025
- Source
- deed of 09-03-2023
Articles of association
deed of 09-03-2023 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs au prorata si plusieurs”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 09-03-2023 ↗
- BELLICANO Thomas Angelo 100 shares (100%) · €10,000 in cash
Network & group
No group
MECATOM has no parent and no holdings in its annual accounts. BELLICANO Thomas Angelo is the only director. MECATOM shares no director with another company.
At the same address
Clos Laurent Pâques 8, 4420 Saint-Nicolas · 1 other company| Alonso Iglesias, Christine (sole trader)
establishment since 01-10-2011 |
founded in 2011 0839.012.980 |
Timeline
Timeline
7 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBabbreviated format · 88 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0799259115
Annual accounts 2024 filed PDFmicro format · 92 days late
2024
Weakest financial year net -€50,273 The net result drops to -€50,273, the lowest from 2023 to 2025. It recovers the following year.
Annual accounts 2023 filed PDFmicro format · 30 days late
2023
IncorporationFounding capital of €10,000, 100 shares · Appointment: BELLICANO Thomas Angelo (director) · Registered office clause: Clos Laurent Pâques numéro 8, 4420 Saint-Nicolas · published on 09-03-20236 points ▸
- Registered office clause, Clos Laurent Pâques numéro 8, 4420 Saint-Nicolas
- Board rule, 1
- Director appointment, BELLICANO Thomas Angelo (director (not named in the articles))
- Power of attorney, BELLICANO Thomas Angelo
- Founding capital, €10,000, 100 shares
- 100 shares
- The deed holds 6 more points.
First establishment Clos Laurent Pâques 8, Saint-Nicolas
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 7 March 2023, MECATOM was incorporated as a private limited company by one natural person, with a starting capital of €10,000.12 BELLICANO Thomas Angelo has served as director since 2023.3 Total assets went from €47,630 in 2023 to €113,100 in 2025.4
Company details
Identity
- Enterprise number
- 0799.259.115
- VAT number
- BE 0799.259.115
- Peppol ID
- 0208:0799259115
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 07-03-2023
- Financial year
- ends on 31 December
- Peppol
- Reachable since 09-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- MECATOM in French
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 09-03-2023 (in French)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Région Wallonne”deed of 09-03-2023 (in French)
Activities
NACEBEL 202546869
Wholesale trade main activity
25530
Machining of metals
Codes under NACEBEL 2008
46769
Wholesale trade main activity
25620
Manufacture of fabricated metal products, except machinery and equipment
46699
Wholesale trade
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Toutes opérations se rapportant directement ou indirectement à la mécanique générale et à la mécanique industrielle; L’entretien,la…”deed of 09-03-2023 (in French)
5 activities
- Toutes opérations se rapportant directement ou indirectement à la mécanique générale et à la mécanique industrielle
- L’entretien,la réparation,la maintenance de toutes machines,outillages,produits,appareils,équipements de génie civil et industriels,que ce soit dans le domaine public ou privé,dans le domaine du bâtiment ou non
- Le commerce de gros et de détail en machines et matériels pour le bâtiment,le génie civil,la construction,l’extraction
- La location et la location-bail de machines et matériel pour le bâtiment et le génie civil avec ou sans opérateur
- Le commerce,ce mot étant pris dans son acception la plus large,comprenant notamment l’achat,la vente,l’échange,le négoce,la fabrication,la transformation,la location,la mise à disposition,l’importation,l’exportation,…,tant en gros,qu’en demi-gros et au détail,de produits et marchandises.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Clos Laurent Pâques 8 registered office 4420 Saint-Nicolas | 07-03-2023 | 2.342.574.447 |
Buildings and parcels at the address
- Ground area
- 655 m²
- Buildings
- 123 m²
- Volume, LiDAR
- 613 m³
- Tallest building
- 7.4 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 62073B0914/00T006 | 655 m² | 1 · 123 m² | 7.4 m · 2 |
Contact
E-mail
thomas.bellicano@mecatom.be