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MECHELE STEVE

Active
Private limited companyfounded 2007active for 19 yearsIndustriestraat(ICH) 25C, 8480 Ichtegem, BelgiumKBO/BCE: BE 0886.444.396

From the official registers: KBO 19 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

MECHELE STEVE has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €234,738 and a net result of €8,288. Equity has been stable since 2018 (±2.1% per year). Its solvency ranks better than 57% of 34,902 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 09-01-2007 Normal situation
Activity
Painting of buildings NACE 43341and 3 others
Establishment unit
2.159.560.587 8480 Ichtegem, since 15-02-2007
Financial year end
31 December
Peppol
Reachable since 20-06-2026

Board and ownership

Board
  • MECHELE SteveDirector

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€126,329
▲ 20.2%
Turnover
≈ €420,000
estimated
Profit
€8,288
▼ 90.7%
Equity
€234,738
▼ 4.8%
Total assets
€446,411
▲ 16.0%
Staff
1 FTE
=
Filed on 12-06-2026, 49 days before the deadlinePDF
Score breakdownraises riskSector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 1.53, cash €60,025Founded in 2007Equity €234,738 (52.6% of total assets)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 47% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 78-11
equity 52.6% of total assets
Liquidity 65-24
short-term debt 13.2% · cash 13.4%
Profitability 71-24
return on assets 1.9%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 1.3% 12-2024: 1.3%● unchanged vs 11-2024 01-2025: 1.3%● unchanged vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.2%▼ -0.1 percentage points vs 05-2025 07-2025: 1.4%▲ +0.2 percentage points vs 06-2025 08-2025: 1.9%▲ +0.5 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -1.8 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.53 (3.59 in 2024), above the usual 1.5. Short-term debt is 13.2% and cash 13.4% of total assets. 47.4% of the assets are financed with debt and provisions.
Calculation

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 43, micro). It does better than 57% of them on solvency, 63% on liquidity, 40% on profitability and 29% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Liquidity: current ratio 1.53, cash €60,025
NBB · annual accounts
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €234,738 (52.6% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
49 days early
2024
25 days late
2023
15 days late
2022
23 days late
2021
17 days early
2020
23 days late
2019
25 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 August (4 of the last 5 accounts filed within 33 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Result fell in 2025the 2024 profit included a one-off income of €102,339 ▼ 90.7% View
  • Positive: More equity than 87% of companies in specialised constructionsector median €57,811 · 34,914 companies €234,738 View

Comparable companies

These companies have the same main activity as MECHELE STEVE: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €398,000 and €472,000, founded between 2003 and 2009.

CompanyTotal assetsGross margin
MECHELE STEVE Ichtegem€446,411€126,329
SCHILDER- & DECORATIEWERKEN DELEU Oostrozebeke€451,561€134,589
DEKORATIE VANHOUTTE Waregem€471,866€144,040
AVIADOR Boechout€420,869€143,239
PAINTERIOR Oosterzele€401,032€105,846
MRB-Bâtiment Anderlecht€398,427€124,454
DECORATIE WIM MAERTENS Ledegem€436,722€108,754
Full comparison

Documents

Annual accounts at the NBB

All 19 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about MECHELE STEVE

What is the company number of MECHELE STEVE?
The company number of MECHELE STEVE is 0886.444.396. The VAT number is the same number with BE in front: BE 0886.444.396.
Where is MECHELE STEVE based?
The registered office is at Industriestraat(ICH) 25C, 8480 Ichtegem.Company details
What does MECHELE STEVE do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of MECHELE STEVE?
The legal form of MECHELE STEVE is Private limited company (BV).
When was MECHELE STEVE founded?
MECHELE STEVE was founded on 09-01-2007.
Is MECHELE STEVE still active?
Yes, MECHELE STEVE is an active enterprise in the KBO register.
How many employees does MECHELE STEVE have?
MECHELE STEVE had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MECHELE STEVE?
The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €126,329 and 62 comparable companies (NACE 433). It probably lies between €300,000 and €630,000.
Is MECHELE STEVE profitable?
In financial year 2025, MECHELE STEVE made a profit of €8,288.
Where can I find the annual accounts of MECHELE STEVE?
MECHELE STEVE filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of MECHELE STEVE due?
MECHELE STEVE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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