Equity
MECCO-GOSSENT paid out €4.2m in dividends. That is 144% of the 2025 profit.
MECCO-GOSSENT paid out €4.2m in dividends. That is 144% of the 2025 profit.
Debts rose by €2.2m in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
MECCO-GOSSENT pays its suppliers 76 days earlier than in 2024. Customers pay 24 days earlier.
Four of the last ten came late. The 2023 accounts came latest: 439 days after the end of the period.
2 restructurings in 2026. Latest: restructuring with SPY INVEST.
Higher net result than 95% of companies in real estate. Sector median €20,526 · 5,817 companies.
The dashed line is the sector median: 0.2% across 317 companies (NACE 68, large).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 68, large). It does better than 92% of them on solvency, 88% on liquidity, 96% on profitability and 27% on growth.
The bankruptcy probability was computed on 07-11-2026 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).
In July 2024, 321 companies had the same profile as MECCO-GOSSENT has now. Each dot is one company, two years later.
That fits the bankruptcy probability of MECCO-GOSSENT itself: < 0.1% within 12 months.
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 321 companies, not a prediction for MECCO-GOSSENT. 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.
Liquidity is ample, with a current ratio of 5.09 (11.17 in 2024), above the usual 1.5. Short-term debt is 11.2% and cash 9.6% of total assets. 17.4% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 54 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Shares in 3 companies, including SPY INVEST and ETABLISSEMENTS MABERT
Board & ownership| Company | ||||
|---|---|---|---|---|
| MECCO-GOSSENT Waterloo | €5.3m | 63.0% | 82.6% | - |
| EIFFAGE REAL ESTATE BELGIUM Auderghem | €5.2m | 19.9% | 59.5% | 5.6 |
| ZONING MOTORS Genappe | €4.1m | 34.4% | 41.7% | - |
| KAIROS Antwerp | €3.7m | -69.6% | 79.9% | 7.6 |
| Management and Consulting Heusden-Zolder | €4.9m | 45.1% | 42.6% | 1.2 |
| Luc Van De Wiel Kapellen | €8.7m | 27.3% | 21.4% | 14.9 |
| BELGISCHE GRONDEN RESERVE Sint-Pieters-Leeuw | €13.0m | 36.8% | 83.9% | 3.8 |
Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as MECCO-GOSSENT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €31m and €74m, founded between 1978 and 1991.
MECCO-GOSSENT has existed since 1983. Turnover grew from €3.0m in 2008 to €5.3m 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.
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