Equity
€444,505 ▼ 16.1%
MECAWA paid out €600,000 in dividends. That is 116% of the 2025 profit.
MECAWA
Lifetime
6 annual accounts with figures on one time axispeak €2.7m (2020)
€1.9m▲ 14.2%
lowest -€41,334 (2021)
€515,613▲ 29.3%
peak €529,601 (2024)
€444,505▼ 16.1%
€1.1m▲ 10.9%
peak 22 FTE (2021)
17.7 FTE▲ 4.1%
Board1 name since 2019
1 director
Owners
99.9%
Documentsfilings and deeds
31-03-2026122 days before the deadline
2025financial year
Gross margin from €1.7m to €1.9mResult from €398,657 to €515,613Dividend €600,000Equity from €529,601 to €444,505Cash from €429,770 to €650,980
Key points
from the 2025 annual accountsTurnover
≈ €3.3m estimated
The accounts state no turnover.
Debts
€1.1m 71% of the balance sheet
Financial debts 5%Suppliers 27%Taxes and wages 10%Other 57%
Of this, €1.0m falls due within a year.
Staff
19 employees on 31-12-2025
In 2025, 4 people joined and 2 left.
Filings
6 annual accounts since 2020
The last five annual accounts were filed 103 to 147 days before the end of the period.
Position in the sector
€444,505
Less equity than 80% of companies in fabricated metal products. Sector median €2.5m · 451 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,683 companies had the same profile as MECAWA has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
1.2%
stopped another way
1.3%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,683 companies, not a prediction for MECAWA. 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
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Signals
Board and ownership
Director, , since 03-07-2019
- 99.9%score equity €2.6m (2025) · 30-06-2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0729732978
Incorporation
Founding capital of €553,275.75, 25,430 shares · Demerger: MEUNIER GROUP splits off to MECAWA · Founder: · published on 12-07-2019 · Gazette deed
First establishment
Rue Mandenne 34, Momignies
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MECAWA Momignies | €1.5m | €1.9m | 28.9% | 17.7 |
| BATTISTEEL Charleroi | €1.8m | €1.4m | 28.7% | 21.6 |
| BV-FERRONNERIE Leuze-en-Hainaut | €1.4m | €1.2m | 30.3% | 18.5 |
| SKIALL Willebroek | €2.0m | €1.3m | 62.8% | 14.3 |
| SMEETS LASWERKEN Hechtel-Eksel | €2.2m | €1.7m | 32.5% | 15.7 |
| SLD Ans | €2.1m | €1.0m | 71.5% | 11.4 |
| Bemepro Menen | €2.0m | €1.0m | 1.5% | 19.3 |
These companies have the same main activity as MECAWA: forging of metal (NACE 25401). They are comparable in size and age: total assets between €1.4m and €2.2m, founded between 2011 and 2021.
Official details
Source: KBO- Status
- Active since 03-07-2019Normal situation
- Activity
- Forging of metalNACE 25401
- Establishment unit
- 2.291.071.8036590 Momignies, since 03-07-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 30-06-2025
Annual accounts 2025
- €1.5m▲ 1.5%
- Employeeson 31-12-2025
- 19▲ 11.8%
- Filing
- Filed on 31-03-2026, 122 days before the end of the filing period
Insights on MECAWA
MECAWA has existed since 2019. The gross margin fell from €2.7m in 2020 to €1.3m in 2021.
Solvency fell in 2025 from 34.9% to 28.9% because of the dividend.
holds all the shares.
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 MECAWA
- What is the company number of MECAWA?
- The company number of MECAWA is 0729.732.978. The VAT number is the same number with BE in front: BE 0729.732.978.
- Where is MECAWA based?
- The registered office is at Rue Mandenne 34, 6590 Momignies.Company details
- What does MECAWA do?
- According to the KBO register, the main activity is forging of metal (NACE 25401).
- What is the legal form of MECAWA?
- MECAWA is a private limited company (BV).
- When was MECAWA founded?
- MECAWA was founded on 03-07-2019.
- Is MECAWA still active?
- Yes, MECAWA is an active enterprise in the KBO register.
- How many employees does MECAWA have?
- MECAWA had an average of 17.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of MECAWA?
- The turnover in financial year 2025 is ≈ €3.3m. This figure is estimated from the gross margin of €1.9m and 1,585 comparable companies of the same size. It probably lies between €2.2m and €5.4m. It is a rough estimate.
- Is MECAWA profitable?
- In financial year 2025, MECAWA made a profit of €515,613.
- Where can I find the annual accounts of MECAWA?
- MECAWA filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MECAWA due?
- MECAWA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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