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MECAVIC

Active Private limited companyfounded 1992active for 34 yearsRue de Brabant 143, 6200 ChâteletKBO/BCE: BE 0447.005.989 #7 company by equity in Châtelet, Manufacturing sector

Lifetime

20 annual accounts with figures on one time axis, 33 filings since 1993
peak €87,024 (2024)
€73,347▼ 15.7%
peak €60,301 (2024)
€51,234▼ 15.0%
peak €484,712 (2025)
€484,712▲ 11.8%
€16,039▼ 9.1%
Board2 names since 2021
1 directorVICARI Carmelo
Documentsfilings and deeds
06-05-202686 days before the deadline
2025micro format
Gross margin from €87,024 to €73,347Cash from €131,707 to €88,713

Key points

from the 2025 annual accounts

Equity

€484,712 ▲ 11.8%

MECAVIC has made a profit in every financial year since 2006.

Filings

33 annual accounts since 1993
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 65 to 99 days before the end of the period.

Position in the sector

96.8%

Higher solvency than 95% of companies in fabricated metal products. Sector median 44.2% · 2,343 companies.

Checked score

97
Excellent
Financially stronger than 73% of micro companies in fabricated metal products (NACE 25)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.5% across 3,709 companies (NACE 25, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 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: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025highest value 06-2025: < 0.1%▼ -0.1 percentage points vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 96.8% of total assets
72-14short-term debt 3.2% · cash 17.7%
82-3return on assets 10.2%

Score breakdown

raises risk
Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
lowers risk
Liquidity: current ratio 31.25, cash €88,713
Equity €484,712 (96.8% of total assets)
Founded in 1992
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 25, micro). It does better than 90% of them on solvency, 73% on liquidity, 66% on profitability and 61% on growth.

The bankruptcy probability was computed on 10-11-2026 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 very low class on 30-06-2025, 0.1% 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, 20,137 companies had the same profile as MECAVIC has now. Each dot stands for 51 companies, two years later.

95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of MECAVIC itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 20,137 companies, not a prediction for MECAVIC. 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

Credit of up to €45,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 31.25 (25.51 in 2024), above the usual 1.5. Short-term debt is 3.2% and cash 17.7% of total assets. 3.2% of the assets are financed with debt and provisions.

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

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 31.25, cash €88,713
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
lowers risk · Equity €484,712 (96.8% of total assets)
NBB · annual accounts
lowers risk · Founded in 1992
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 06-05-2026, 86 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
86 days early
2024
65 days early
2023
99 days early
2022
67 days early
2021
71 days early
2020
51 days early
2019
49 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 70 days before the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% 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 6 May (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VC
Director
  • VICARI Carmelo 740 sharesdeed of 27-12-2023
  • BULTEZ Chantal Dominique Victoria 10 sharesdeed of 27-12-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0447005989
Change of role: VICARI Carmelo, from manager to director Appointment: BULTEZ Chantal Dominique Victoria (alternate director) · “La société a pour objet toutes opérations se rapportant directement ou indirectement à la…” (deed in French) · VICARI Carmelo holds 740 shares · General meeting of 14-12-2023 · Gazette deed
Capital decrease of €257,400 to €18,592.01 Capital from €275,992.01 to €18,592.01 · General meeting of 21-12-2017 · Gazette deed
First establishment Rue de Brabant 143, Châtelet
All 45 events

Comparable companies

same main activity, similar in size and age
Company
MECAVIC Châtelet €500,752 €73,347 96.8% -
DIMAVO Essen €450,465 €53,309 40.8% -
MARVINIC Welkenraedt €388,575 €71,565 67.5% -
MOOR ATELIER MECANIQUE GENERALE Dalhem €622,372 €105,662 89.3% -
DAS LADDERS Aarschot €707,890 €59,882 77.1% -
SANI-FIRE Waregem €549,051 €82,078 74.9% -
K6 PROTECT Liège €482,538 €129,389 20.3% -

These companies have the same main activity as MECAVIC: manufacture of fabricated metal products, except machinery and equipment (NACE 25999). They are comparable in size and age: total assets between €389,000 and €708,000, founded between 1985 and 1995.

Official details

Source: KBO
Status
Active since 30-03-1992Normal situation
Activity
Manufacture of fabricated metal products, except machinery and equipmentNACE 25999and 1 other
Establishment unit
2.057.214.2066200 Châtelet, since 21-04-1992
Financial year end
31 December
Peppol
Reachable since 15-12-2025
Company details

Annual accounts 2025

≈ €220,000estimated
€500,752▲ 11.0%
Filing
Filed on 06-05-2026, 86 days before the end of the filing period
Financials

Insights on MECAVIC

MECAVIC files the micro format. That format states no turnover. The gross margin rose from €40,088 in 2006 to €73,347 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MECAVIC

What is the company number of MECAVIC?
The company number of MECAVIC is 0447.005.989. The VAT number is the same number with BE in front: BE 0447.005.989.
Where is MECAVIC based?
The registered office is at Rue de Brabant 143, 6200 Châtelet.Company details
What does MECAVIC do?
According to the KBO register, the main activity is manufacture of fabricated metal products, except machinery and equipment (NACE 25999).
What is the legal form of MECAVIC?
MECAVIC is a private limited company (BV).
When was MECAVIC founded?
MECAVIC was founded on 30-03-1992.
Is MECAVIC still active?
Yes, MECAVIC is an active enterprise in the KBO register.
What is the turnover of MECAVIC?
The turnover in financial year 2025 is ≈ €220,000. This figure is estimated from the gross margin of €73,347 and 2,667 comparable companies of the same size. It probably lies between €150,000 and €380,000. It is a rough estimate.Financials
Is MECAVIC profitable?
In financial year 2025, MECAVIC made a profit of €51,234.
Where can I find the annual accounts of MECAVIC?
MECAVIC filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MECAVIC due?
MECAVIC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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