MECHART
ActiveMECHART has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €40k and a net result of €-270. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 16% of 9692 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency12=
Growth58▼-20
Stability94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity tight (current ratio 1.01 against 1.01 in 2023), and 99.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
0.8%
Return on assets
0%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
21222324
2021 to 2024 · latest year -€270
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 9692 sector peers (2024).
NBB · sector comparisonPosition among 9692 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
36 d early
2022
30 d late
2021
113 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€40k▼ 0.7%
2023 · €40k
2021: €40k
2022: €45k
2023: €40k
2021 → 2024
Total assets
€5.10M▲ 3.3%
2023 · €4.93M
2021: €4.53M
2022: €4.75M
2023: €4.93M
2021 → 2024
Net result
€-270▲ 94.7%
2023 · €-5k
2021: €-22k
2022: €5k
2023: €-5k
2021 → 2024
Working capital
€40k▼ 0.7%
2023 · €40k
2021: €40k
2022: €45k
2023: €40k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€40k-€45k▲ 13.4%€40k▼ 11.3%€40k▼ 0.7%
Operating result€-19k-€6k€-5k€958
Net result€-22k-€5k€-5k€-270▲ 94.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €958 after a loss of €5k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €5.10M
Equity
€40k▼ 0.7%
Debt
€5.06M▲ 3.3%
The debt ratio stays at 99.2%.
Key figures and ratios
Solvency
0.8%▼
2023 · 0.8%
Current ratio
1.01=
2023 · 1.01
Quick ratio
0.02▼
2023 · 0.03
ROE
-0.7%▲
2023 · -12.8%
ROA
0.0%▲
2023 · -0.1%
Debt
€5.06M▲
2023 · €4.89M
Debt ≤ 1 year
€5.06M▲
2023 · €4.89M
A ratio outside any meaningful range has been withheld (balance sheet total €5.10M, equity €40k).
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€4.93M€5.10M▲
Current assets29/58€4.93M€5.10M▲
Stocks and contracts in progress3€4.79M€4.99M▲
Stocks30/36€4.79M€4.99M▲
Amounts receivable within one year40/41€107k€107k=
Trade receivables40€107k-
Other amounts receivable41-€107k
Cash at bank and in hand54/58€32k-
Equity and liabilities
Total equity and liabilities10/49€4.93M€5.10M▲
Equity10/15€40k€40k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Profit (loss) carried forward14€-21k€-22k▼
Amounts payable17/49€4.89M€5.06M▲
Amounts payable within one year42/48€4.89M€5.06M▲
Financial debts43€3.00M€3.01M▲
Credit institutions430/8€3.00M€3.01M▲
Trade debts44€123k€125k▲
Suppliers440/4€123k€125k▲
Advances received on contracts in progress46€60k€60k=
Other amounts payable47/48€1.71M€1.86M▲
Income statement
Code20232024
Other operating charges640/8€960€1k▲
Non-recurring operating charges66A€50-
Gross operating margin9900€-4k€2k▲
Operating profit (loss)9901€-5k€958▲
Financial charges65/66B€172€1k▲
Recurring financial charges65€172€1k▲
Profit (loss) for the period before taxes9903€-5k€-270▲
Profit (loss) for the period9904€-5k€-270▲
Profit (loss) for the period to be appropriated9905€-5k€-270▲
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€-22k▼
Profit (loss) brought forward from the previous period14P€-16k€-21k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
21-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 113 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Lanaken · 1 establishment unit since 2021
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.
Europark 1203620 LanakenGround area
1.1 ha
Building footprint
3,600 m²
Volume, LiDAR
29,231 m³
Parcel 73042C0294/00C000, Flanders · tallest building 9.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MECHART
since 20212.338.342.079
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73042C0294/00C000 | Flanders | 1.1 ha | 1 · 3,600 m² | 9.1 m · 3 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.
Similar companies · same sector, comparable size
MEDCOO INVEST
BE 0685.778.221
Gavere · Eq €40k
GK Bouwcoördinatie
BE 0787.299.906
Kinrooi · Eq €40k
C&K Project
BE 0824.017.869
Peer · Eq €40k
NSS CONSTRUCT
BE 1008.685.479
Overijse · Eq €40k
SPACE INVEST
BE 0755.719.179
Oudenaarde · Eq €40k
Of 1,286 companies in sector 68122 we hold annual accounts for 896. 435 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-05-2021
Fiscal year end31-12
Activities, NACEBEL
68122Development of non-residential building projects
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.