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MECHANIC HERITAGE

Active
Private limited companyfounded 2019active for 7 yearsAvenue Eiffel 8, 1300 Wavre, Belgium25 active companies are registered at this addressKBO/BCE: BE 0729.910.746
Summary

MECHANIC HERITAGE has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103,854 and a net result of €120,296. Equity is growing by about 34% per year across the filed financial years. Its solvency ranks better than 38% of 3,170 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Bodywork repair (including spraying and painting)
NACE 95314Other maintenance and repair of motor vehicles NACE 95319
1 site
Size
€398,551total assets 2025
Staff
12 FTE
Equity
€103,854
Profit
€120,296
Turnover not published (micro format)
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Accounts filed 27 days late0 of 1 deed read
Why 69raises riskLatest accounts 27 days late; 1 of the last 3 lateFounded in 2019Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)lowers riskLiquidity: current ratio 0.99, cash €64,480Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 63% of its sector peers (NACE 95, micro)
Financial strength · tick = 2024
Strong
Solvency 51+30
equity 26.1% of total assets
Liquidity 30+29
short-term debt 73.9% · cash 16.2%
Profitability 100+28
return on assets 30.2%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,115 companies, NACE 95, micro)
Last 24 months 11-2024: 2.6% 12-2024: 2.6%● unchanged vs 11-2024 01-2025: 2.5%▼ -0.1 percentage points vs 12-2024 02-2025: 2.6%▲ +0.1 percentage points vs 01-2025 03-2025: 2.4%▼ -0.2 percentage points vs 02-2025 04-2025: 2.5%▲ +0.1 percentage points vs 03-2025 05-2025: 2.5%● unchanged vs 04-2025 06-2025: 2.5%● unchanged vs 05-2025 07-2025: 2.6%▲ +0.1 percentage points vs 06-2025 08-2025: 3.2%▲ +0.6 percentage points vs 07-2025 09-2025: 3.3%▲ +0.1 percentage points vs 08-2025 10-2025: 4.2%▲ +0.9 percentage points vs 09-2025 11-2025: 4.3%▲ +0.1 percentage points vs 10-2025highest value 12-2025: 3.4%▼ -0.9 percentage points vs 11-2025 01-2026: 3.3%▼ -0.1 percentage points vs 12-2025 02-2026: 3.3%● unchanged vs 01-2026 03-2026: 3.3%● unchanged vs 02-2026 04-2026: 3.4%▲ +0.1 percentage points vs 03-2026 05-2026: 3.5%▲ +0.1 percentage points vs 04-2026 06-2026: 3.4%▼ -0.1 percentage points vs 05-2026 07-2026: 3.3%▼ -0.1 percentage points vs 06-2026 08-2026: 3.9%▲ +0.6 percentage points vs 07-2026 09-2026: 0.8%▼ -3.1 percentage points vs 08-2026lowest value 10-2026: 0.8%● unchanged vs 09-2026lowest value
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.99, compared with 0.66 in 2024, below 1; short-term debt: 73.9% and cash: 16.2% of total assets), and 73.9% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 95, micro): better than 36% on solvency, 22% on liquidity, 94% on profitability and 99% on growth.

The bankruptcy probability was computed on 12-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Latest accounts 27 days late; 1 of the last 3 late
NBB · filings
lowers risk · Liquidity: current ratio 0.99, cash €64,480
NBB · annual accounts
raises risk · Founded in 2019
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
27 days late
2024
105 days late
2023
22 days early
2022
112 days late
2021
47 days late
2020
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 50 days after the deadline; the sector median (NACE 95) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 September (4 of the last 5 filed years within 65 days of that day).
Companies Code · seven months
Where today falls in the filing period
13-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2020 to 2025net €120,296 ▲1,004%
  3. Equity above €100,000equity €103,854

Key points

  • Positive: Result rose in 2025from €10,896 to €120,296 ▲ 1,004% View
  • Positive: Among the best 5% on net resultsector median €8,472 · 3,169 companies €120,296 View
  • Total assets 20256 financial years filed €398,551 View

By topic

Financials

Financial year
2025
Total assets
€398,551
Profit
€120,296
Solvency
26.1%
Total assets▲ 7.8%
Net result
20202025
Go to Financials

Timeline

Events
10
Since
2021
Next accounts
by 31-07-2027
  1. 13-11-2025Annual accounts filed
  2. 09-07-2024Annual accounts filed
  3. 31-12-2023Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Bodywork repair (including spraying and painting)NACE 95314
Founded
08-07-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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