MECELEC
ActiveMECELEC has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €165k and a net result of €25k. Equity is growing by ~28.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2026
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability87▼-5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 16.58 against 13.45 in 2025; short-term debt: 5.9% and cash: 68.8% of total assets), and 6.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 33
Relative position
BE, all sectors
reference
Sector 33
higher
← 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 2026Solvency, return and age of the figures
Solvency
93.9%
Return on assets
14.4%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 11-09-2026, 50 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2026
50 d early
2025
45 d early
2024
38 d early
2023
35 d early
2022
33 d early
2021
31 d early
2020
44 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€165k▼ 17.4%
2025 · €199k
2020: €46k
2021: €75k
2022: €58k
2023: €115k
2024: €159k
2025: €199k
2020 → 2026
Total assets
€175k▼ 18.5%
2025 · €215k
2020: €96k
2021: €145k
2022: €110k
2023: €155k
2024: €193k
2025: €215k
2020 → 2026
Net result
€25k▼ 37.0%
2025 · €40k
2020: €21k
2021: €29k
2022: €-18k
2023: €57k
2024: €57k
2025: €40k
2020 → 2026
Working capital
€162k▼ 14.8%
2025 · €190k
2020: €37k
2021: €56k
2022: €40k
2023: €98k
2024: €143k
2025: €190k
2020 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€58k-€115k▲ 99.0%€159k▲ 38.6%€199k▲ 25.1%€165k▼ 17.4%
Operating result€-17k-€68k€72k▲ 6.7%€51k▼ 30.0%€35k▼ 30.7%
Net result€-18k-€57k€57k▲ 0.3%€40k▼ 30.3%€25k▼ 37.0%
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; 2026 is 31% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €175k
Fixed assets
€3k▼ 71.3%
Current assets
€173k▼ 16.1%
Equity and liabilities €175k
Equity
€165k▼ 17.4%
Debt
€11k▼ 32.3%
The debt ratio falls from 7.3% to 6.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€42k▼
2025 · €65k
Cash flow
€32k▼
2025 · €54k
Solvency
93.9%▲
2025 · 92.7%
Current ratio
16.58▲
2025 · 13.45
Quick ratio
15.92▲
2025 · 13.08
Debt / equity
0.06▼
2025 · 0.08
ROE
15.3%▼
2025 · 20.1%
ROA
14.4%▼
2025 · 18.6%
Interest coverage
117.04▲
2025 · 113.76
Debt
€11k▼
2025 · €16k
Debt ≤ 1 year
€10k▼
2025 · €15k
Income taxes
€10k▼
2025 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€215k€175k▼
Fixed assets21/28€9k€3k▼
Tangible fixed assets22/27€9k€3k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€8k€1k▼
Financial fixed assets28€40€40=
Current assets29/58€206k€173k▼
Stocks and contracts in progress3€6k€7k▲
Stocks30/36€6k€7k▲
Amounts receivable within one year40/41€30k€23k▼
Trade receivables40€28k€23k▼
Other amounts receivable41€2k€77▼
Cash at bank and in hand54/58€167k€121k▼
Deferred charges and accrued income490/1€2k€23k▲
Equity and liabilities
Total equity and liabilities10/49€215k€175k▼
Equity10/15€199k€165k▼
Contributions10/11€22k€22k=
Reserves13€177k€142k▼
Distributable reserves133€177k€142k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€16k€11k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€15k€10k▼
Current portion of amounts payable after more than one year42€6k€0▼
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€107€5k▲
Taxes450/3€107€5k▲
Other amounts payable47/48€5k€3k▼
Accrued charges and deferred income492/3€458€254▼
Income statement
Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€7k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-929€-885▲
Other operating charges640/8€868€956▲
Gross operating margin9900€65k€42k▼
Operating profit (loss)9901€51k€35k▼
Financial income75/76B€10€0▼
Recurring financial income75€10€0▼
Financial charges65/66B€569€361▼
Recurring financial charges65€569€361▼
Profit (loss) for the period before taxes9903€50k€35k▼
Income taxes67/77€10k€10k▼
Profit (loss) for the period9904€40k€25k▼
Profit (loss) for the period to be appropriated9905€40k€25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€25k▼
Transfer from equity791/2€0€60k▲
Transfer to equity691/2€40k€25k▼
To other reserves6921€40k€25k▼
Profit to be distributed694/7€0€60k▲
Return on contributions (dividend)694€0€60k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
11-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 13.45
Current ratio from 6.16 to 13.45; short-term debt falls from €28k to €15k.
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2020net €57k ▲0.3%
Operating result €72k, net result €57k, both a record.
31-03
Financial
Equity above €150kEq €159k ▲38.6%
2 profitable years in a row build equity to €159k.
2023
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €57k
Net result €57k after one loss-making year.
31-03
Financial
Equity above €100kEq €115k ▲99%
Equity rises from €58k to €115k.
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Weakest financial yearnet €-18k ▼160%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
17-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Antwerpen · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Monnikenhofstraat 2312040 AntwerpenGround area
1,403 m²
Building footprint
152 m²
Volume, LiDAR
775 m³
Parcel 11819C0129/00K000, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MECELEC
since 20192.285.364.837
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11819C0129/00K000 | Flanders | 1,403 m² | 1 · 152 m² | 6.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 3,717 companies in sector 33120 we hold annual accounts for 1,341. 1,129 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-02-2019
Fiscal year end31-03
Activities, NACEBEL
33120Repair and maintenance of machinery
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:mecelec@telenet.be