MECEDIS
ActiveSummary
MECEDIS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35,331 and a net result of €27,271. Equity is shrinking by ~15.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency80▲+46
Growth52▼-6
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 2.45 against 0.87 in 2024; short-term debt: 26.3% and cash: 27.5% of total assets), and 45.2% of the assets are financed with debt.
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Signals
Seven 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
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
54.8%
Return on assets
42.3%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €35,331
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
21 d late
2024
30 d late
2023
29 d late
2022
30 d late
2021
22 d late
2020
17 d early
2019
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 20 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€35,331▲ 338%
2024 · €8,060
Total assets
€64,522▼ 26.1%
2024 · €87,293
Net result
€27,271▼ 35.3%
2024 · €42,161
Working capital
€24,633
2024 · -€7,917
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€69,871▼ 5.2%€34,574▼ 50.5%€56,749▲ 64.1%€53,768▼ 5.3%€43,091▼ 19.9%
Net result€49,988▼ 7.6%€25,856▼ 48.3%€44,102▲ 70.6%€42,161▼ 4.4%€27,271▼ 35.3%
Equity€14,914▼ 61.4%€14,914=€14,914=€8,060▼ 46.0%€35,331▲ 338%
Total assets€99,430▼ 63.3%€50,062▼ 49.7%€76,312▲ 52.4%€87,293▲ 14.4%€64,522▼ 26.1%
Debt€84,515▼ 63.6%€35,148▼ 58.4%€61,398▲ 74.7%€79,233▲ 29.0%€29,191▼ 63.2%
Working capital€8,566€8,571▲ 0.1%€10,355▲ 20.8%-€7,917€24,633
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64,522
Fixed assets
€22,899 ▼ 32.6%
Current assets
€41,623 ▼ 21.9%
Equity and liabilities €64,522
Equity
€35,331 ▲ 338%
Debt
€29,191 ▼ 63.2%
Debt's share of the balance-sheet total falls from 90.8% to 45.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46,152▼
2024 · €56,507
Cash flow
€30,332▼
2024 · €44,900
Current ratio
2.45▲
2024 · 0.87
Debt to equity
0.83▼
2024 · 9.83
ROE
77.2%▼
2024 · 523.1%
ROA
42.3%▼
2024 · 48.3%
Interest coverage
37.40▼
2024 · 206.74
Debt ≤ 1 year
€16,990▼
2024 · €61,239
Debt > 1 year
€12,201▼
2024 · €17,994
Income taxes
€14,639▲
2024 · €11,355
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,679 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.8%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,679 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €502 | - | - | €6,529 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,065 | €1,764 | €2,215 | €2,739 | €3,061 | ▲ 11.8% |
| Other operating charges640/8 | €348 | €348 | €384 | €457 | €400 | ▼ 12.4% |
| Non-recurring operating charges66A | - | - | - | €1,489 | €29,271 | ▲ 1,866% |
| Gross operating margin9900 | €77,284 | €36,685 | €59,349 | €58,453 | €75,822 | ▲ 29.7% |
| Operating profit (loss)9901 | €69,871 | €34,574 | €56,749 | €53,768 | €43,091 | ▼ 19.9% |
| Financial income75/76B | - | - | €6 | €21 | €53 | ▲ 157% |
| Recurring financial income75 | - | - | €6 | €21 | €53 | ▲ 157% |
| Financial charges65/66B | €5,576 | €132 | €125 | €273 | €1,234 | ▲ 351% |
| Recurring financial charges65 | €5,576 | €132 | €125 | €273 | €1,234 | ▲ 351% |
| Profit (loss) for the period before taxes9903 | €64,295 | €34,441 | €56,630 | €53,516 | €41,910 | ▼ 21.7% |
| Income taxes67/77 | €14,307 | €8,585 | €12,528 | €11,355 | €14,639 | ▲ 28.9% |
| Profit (loss) for the period9904 | €49,988 | €25,856 | €44,102 | €42,161 | €27,271 | ▼ 35.3% |
| Profit (loss) for the period to be appropriated9905 | €49,988 | €25,856 | €44,102 | €42,161 | €27,271 | ▼ 35.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €99,430 | €50,062 | €76,312 | €87,293 | €64,522 | ▼ 26.1% |
| Fixed assets21/28 | €6,348 | €6,344 | €5,820 | €33,971 | €22,899 | ▼ 32.6% |
| Tangible fixed assets22/27 | €6,348 | €6,344 | €5,820 | €33,971 | €22,899 | ▼ 32.6% |
| Plant, machinery and equipment23 | - | - | - | €441 | €237 | ▼ 46.2% |
| Furniture and vehicles24 | €6,348 | €6,344 | €5,820 | €33,530 | €22,661 | ▼ 32.4% |
| Current assets29/58 | €93,081 | €43,719 | €70,493 | €53,321 | €41,623 | ▼ 21.9% |
| Amounts receivable after more than one year29 | €56,092 | €28,564 | €23,244 | - | - | - |
| Other amounts receivable291 | €56,092 | €28,564 | €23,244 | - | - | - |
| Amounts receivable within one year40/41 | - | - | - | €1,674 | €1,674 | = |
| Other amounts receivable41 | - | - | - | €1,674 | €1,674 | = |
| Cash at bank and in hand54/58 | €16,031 | €1,846 | €24,171 | €11,601 | €17,739 | ▲ 52.9% |
| Deferred charges and accrued income490/1 | €20,959 | €13,308 | €23,078 | €40,047 | €22,211 | ▼ 44.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €99,430 | €50,062 | €76,312 | €87,293 | €64,522 | ▼ 26.1% |
| Equity10/15 | €14,914 | €14,914 | €14,914 | €8,060 | €35,331 | ▲ 338% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €8,714 | €8,714 | €8,714 | €1,860 | €29,131 | ▲ 1,466% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €6,854 | €6,854 | €6,854 | - | €27,271 | - |
| Amounts payable17/49 | €84,515 | €35,148 | €61,398 | €79,233 | €29,191 | ▼ 63.2% |
| Amounts payable after more than one year17 | - | - | - | €17,994 | €12,201 | ▼ 32.2% |
| Financial debts170/4 | - | - | - | €17,994 | €12,201 | ▼ 32.2% |
| Amounts payable within one year42/48 | €84,515 | €35,148 | €60,138 | €61,239 | €16,990 | ▼ 72.3% |
| Current portion of amounts payable after more than one year42 | €1,659 | - | - | €4,267 | €3,956 | ▼ 7.3% |
| Trade debts44 | €3,477 | €5,466 | €4,701 | €5,883 | €1,878 | ▼ 68.1% |
| Suppliers440/4 | €3,477 | €5,466 | €4,701 | €5,883 | €1,878 | ▼ 68.1% |
| Taxes, remuneration and social security45 | €21,852 | €10,092 | €10,913 | - | €7,639 | - |
| Taxes450/3 | €21,852 | €1,507 | €10,913 | - | €7,639 | - |
| Remuneration and social security454/9 | - | €8,585 | - | - | - | - |
| Other amounts payable47/48 | €57,527 | €19,591 | €44,524 | €51,089 | €3,517 | ▼ 93.1% |
| Accrued charges and deferred income492/3 | - | - | €1,260 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €49,988 | €25,856 | €44,102 | €42,161 | €27,271 | ▼ 35.3% |
| + Depreciation and write-downs630 | €7,065 | €1,764 | €2,215 | €2,739 | €3,061 | ▲ 11.8% |
| Operating cash flow (approximation) | €57,054 | €27,620 | €46,317 | €44,900 | €30,332 | ▼ 32.4% |
| Investment in fixed assets (approximation) | - | -€1,759 | -€1,691 | -€30,891 | €8,012 | ▲ 126% |
| Change in cash | - | -€14,184 | €22,325 | -€12,571 | €6,138 | ▲ 149% |
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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial
Liquidity triplescurrent ratio 2.45
Current ratio from 0.87 to 2.45; short-term debt falls from €61,239 to €16,990.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €25,856 ▼48.3%
Net result drops to €25,856, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €54,082 ▲52.7%
Operating result €73,669, net result €54,082, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Ottignies-Louvain-la-Neuve · 2 establishment units since 2007
Ground area
2.3 ha
Building footprint
65 m²
Volume, LiDAR
623 m³
Parcel 25083F0309/00P000, Wallonia · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Rue des Coudriers 2, 1340 Ottignies-Louvain-la-Neuve
since 20072.260.373.974
Passage de la Tourette 2, 1340 Ottignies-Louvain-la-Neuve
since 20072.260.374.073
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25083F0309/00P000 | Wallonia | 2.3 ha | 1 · 65 m² | 11.4 m · 3 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.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded13-07-2007
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0890848394
Also
9925:BE0890848394
Registered
02-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.