MECAVIC
ActiveSummary
MECAVIC has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €484,712 and a net result of €51,234. Equity is growing by ~13.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 1910 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 31.25 against 25.51 in 2024; short-term debt: 3.2% and cash: 17.7% of total assets), and 3.2% of the assets are financed with debt.
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Signals
Five 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
96.8%
Return on assets
10.2%
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 06-05-2026, 86 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
86 d early
2024
65 d early
2023
99 d early
2022
67 d early
2021
71 d early
2020
51 d early
2019
49 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 70 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#8 oldest company in Châtelet, Manufacturing sector
Equity
€484,712▲ 11.8%
2024 · €433,478
Total assets
€500,752▲ 11.0%
2024 · €451,126
Net result
€51,234▼ 15.0%
2024 · €60,301
Working capital
€481,049▲ 12.0%
2024 · €429,590
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€44,092▼ 26.6%€48,984▲ 11.1%€56,629▲ 15.6%€84,404▲ 49.0%€72,420▼ 14.2%
Net result€28,945▼ 29.5%€35,155▲ 21.5%€38,979▲ 10.9%€60,301▲ 54.7%€51,234▼ 15.0%
Equity€299,044▲ 10.7%€334,199▲ 11.8%€373,177▲ 11.7%€433,478▲ 16.2%€484,712▲ 11.8%
Total assets€312,073▲ 5.4%€348,521▲ 11.7%€385,547▲ 10.6%€451,126▲ 17.0%€500,752▲ 11.0%
Debt€13,029▼ 49.8%€14,322▲ 9.9%€12,370▼ 13.6%€17,647▲ 42.7%€16,039▼ 9.1%
Working capital€294,427▲ 10.5%€329,894▲ 12.0%€369,087▲ 11.9%€429,590▲ 16.4%€481,049▲ 12.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €500,752
Fixed assets
€3,799 ▼ 5.2%
Current assets
€496,952 ▲ 11.1%
Equity and liabilities €500,752
Equity
€484,712 ▲ 11.8%
Debt
€16,039 ▼ 9.1%
Debt's share of the balance-sheet total falls from 3.9% to 3.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€72,628▼
2024 · €84,611
Cash flow
€51,441▼
2024 · €60,508
Current ratio
31.25▲
2024 · 25.51
Quick ratio
31.18▲
2024 · 25.48
Debt to equity
0.03▼
2024 · 0.04
ROE
10.6%▼
2024 · 13.9%
ROA
10.2%▼
2024 · 13.4%
Interest coverage
154.94▼
2024 · 220.93
Debt ≤ 1 year
€15,903▼
2024 · €17,529
Income taxes
€24,014▼
2024 · €28,965
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €151 | €207 | €207 | €207 | €207 | = |
| Other operating charges640/8 | €651 | €654 | €756 | €2,413 | €719 | ▼ 70.2% |
| Gross operating margin9900 | €44,894 | €49,846 | €57,593 | €87,024 | €73,347 | ▼ 15.7% |
| Operating profit (loss)9901 | €44,092 | €48,984 | €56,629 | €84,404 | €72,420 | ▼ 14.2% |
| Financial income75/76B | €3,280 | €3,557 | €1,673 | €5,245 | €3,296 | ▼ 37.2% |
| Recurring financial income75 | €3,280 | €3,557 | €1,673 | €5,245 | €3,296 | ▼ 37.2% |
| Financial charges65/66B | €380 | €522 | €436 | €383 | €469 | ▲ 22.4% |
| Recurring financial charges65 | €380 | €522 | €436 | €383 | €469 | ▲ 22.4% |
| Profit (loss) for the period before taxes9903 | €46,991 | €52,019 | €57,867 | €89,266 | €75,248 | ▼ 15.7% |
| Income taxes67/77 | €18,047 | €16,864 | €18,888 | €28,965 | €24,014 | ▼ 17.1% |
| Profit (loss) for the period9904 | €28,945 | €35,155 | €38,979 | €60,301 | €51,234 | ▼ 15.0% |
| Profit (loss) for the period to be appropriated9905 | €28,945 | €35,155 | €38,979 | €60,301 | €51,234 | ▼ 15.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €312,073 | €348,521 | €385,547 | €451,126 | €500,752 | ▲ 11.0% |
| Fixed assets21/28 | €4,629 | €4,422 | €4,214 | €4,007 | €3,799 | ▼ 5.2% |
| Tangible fixed assets22/27 | €4,604 | €4,397 | €4,189 | €3,982 | €3,775 | ▼ 5.2% |
| Land and buildings22 | €3,718 | €3,718 | €3,718 | €3,718 | €3,718 | = |
| Plant, machinery and equipment23 | €886 | €678 | €471 | €264 | €56 | ▼ 78.7% |
| Financial fixed assets28 | €25 | €25 | €25 | €25 | €25 | = |
| Current assets29/58 | €307,444 | €344,099 | €381,333 | €447,119 | €496,952 | ▲ 11.1% |
| Stocks and contracts in progress3 | €912 | €341 | €155 | €416 | €1,114 | ▲ 168% |
| Stocks30/36 | €912 | €341 | €155 | €416 | €1,114 | ▲ 168% |
| Amounts receivable within one year40/41 | €6,087 | €5,479 | €13,449 | €12,688 | €11,940 | ▼ 5.9% |
| Trade receivables40 | €3,869 | €4,387 | €10,068 | €12,151 | €11,504 | ▼ 5.3% |
| Other amounts receivable41 | €2,218 | €1,092 | €3,381 | €536 | €435 | ▼ 18.8% |
| Current investments50/53 | €222,354 | €254,828 | €296,413 | €300,912 | €393,789 | ▲ 30.9% |
| Cash at bank and in hand54/58 | €76,764 | €82,106 | €69,944 | €131,707 | €88,713 | ▼ 32.6% |
| Deferred charges and accrued income490/1 | €1,327 | €1,344 | €1,372 | €1,396 | €1,396 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €312,073 | €348,521 | €385,547 | €451,126 | €500,752 | ▲ 11.0% |
| Equity10/15 | €299,044 | €334,199 | €373,177 | €433,478 | €484,712 | ▲ 11.8% |
| Contributions10/11 | €6,200 | €6,200 | €8,059 | €6,200 | €6,200 | = |
| Reserves13 | €267,055 | €302,210 | €339,330 | €401,490 | €452,723 | ▲ 12.8% |
| Non-distributable reserves130/1 | €1,859 | €1,859 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,859 | €1,859 | €0 | - | - | - |
| Distributable reserves133 | €265,196 | €300,351 | €339,330 | €401,490 | €452,723 | ▲ 12.8% |
| Profit (loss) carried forward14 | €25,789 | €25,789 | €25,789 | €25,789 | €25,789 | = |
| Amounts payable17/49 | €13,029 | €14,322 | €12,370 | €17,647 | €16,039 | ▼ 9.1% |
| Amounts payable within one year42/48 | €13,017 | €14,205 | €12,246 | €17,529 | €15,903 | ▼ 9.3% |
| Trade debts44 | €5,155 | €780 | €2,581 | €2,734 | €1,781 | ▼ 34.9% |
| Suppliers440/4 | €5,155 | €780 | €2,581 | €2,734 | €1,781 | ▼ 34.9% |
| Advances received on contracts in progress46 | €0 | - | €30 | €0 | - | - |
| Taxes, remuneration and social security45 | €4,868 | €4,558 | €6,289 | €8,888 | €5,514 | ▼ 38.0% |
| Taxes450/3 | €4,868 | €4,558 | €6,289 | €8,888 | €5,514 | ▼ 38.0% |
| Other amounts payable47/48 | €2,994 | €8,868 | €3,346 | €5,907 | €8,608 | ▲ 45.7% |
| Accrued charges and deferred income492/3 | €12 | €117 | €124 | €118 | €136 | ▲ 15.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,945 | €35,155 | €38,979 | €60,301 | €51,234 | ▼ 15.0% |
| + Depreciation and write-downs630 | €151 | €207 | €207 | €207 | €207 | = |
| Operating cash flow (approximation) | €29,096 | €35,363 | €39,186 | €60,508 | €51,441 | ▼ 15.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €5,342 | -€12,163 | €61,763 | -€42,994 | ▼ 170% |
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
06-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €60,301 ▲54.7%
Operating result €84,404, net result €60,301, both a record.
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-12
Financial
Liquidity doublescurrent ratio 23.62
Current ratio from 11.31 to 23.62; short-term debt falls from €25,853 to €13,017.
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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, Châtelet · 1 establishment unit since 1992
Ground area
995 m²
Building footprint
104 m²
Volume, LiDAR
677 m³
Parcel 52013A0017/00T109, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MECAVIC
since 19922.057.214.206
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52013A0017/00T109 | Wallonia | 995 m² | 1 · 104 m² | 8.7 m · 2 fl. |
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 559 companies in sector 25999 we hold annual accounts for 353. 252 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
Founded30-03-1992
Fiscal year end31-12
Activities, NACEBEL 2025
25999Manufacture of fabricated metal products, except machinery and equipment
43230Insulation installation
Scores and ratios are computed by Checked and are not a credit decision.