Mechelen Feest
ActiveMechelen Feest has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €183k and a net result of €75k. Equity is shrinking by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 44% of 533 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+8
Solvency63▲+8
Growth32=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.62 against 1.41 in 2024; short-term debt: 61.8% and cash: 38% of total assets), but 61.8% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
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
38.2%
Return on assets
15.6%
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 €183k
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 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
70 d early
2024
57 d early
2023
68 d early
2022
88 d early
2021
89 d early
2020
101 d early
2019
227 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€183k▲ 67.3%
2024 · €109k
2018: €218k
2019: €218k
2020: €633k
2021: €379k
2022: €156k
2023: €77k
2024: €109k
2018 → 2025
Total assets
€479k▲ 32.5%
2024 · €361k
2018: €416k
2019: €454k
2020: €802k
2021: €675k
2022: €497k
2023: €675k
2024: €361k
2018 → 2025
Net result
€75k▲ 124%
2024 · €33k
2018: €180k
2019: €241
2020: €419k
2021: €-251k
2022: €-222k
2023: €-79k
2024: €33k
2018 → 2025
Working capital
€183k▲ 77.4%
2024 · €103k
2018: €205k
2019: €206k
2020: €628k
2021: €362k
2022: €133k
2023: €64k
2024: €103k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€379k-€156k▼ 58.9%€77k▼ 50.5%€109k▲ 41.8%€183k▲ 67.3%
Operating result€-251k-€-217k▲ 13.7%€-78k▲ 63.9%€35k€75k▲ 113%
Net result€-251k-€-222k▲ 11.5%€-79k▲ 64.3%€33k€75k▲ 124%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 113% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €479k
Equity
€183k▲ 67.3%
Debt
€296k▲ 17.4%
The debt ratio falls from 69.7% to 61.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€81k▲
2024 · €43k
Cash flow
€81k▲
2024 · €41k
Solvency
38.2%▲
2024 · 30.3%
Current ratio
1.62▲
2024 · 1.41
Quick ratio
1.62▲
2024 · 1.41
Debt / equity
1.61▼
2024 · 2.30
ROE
40.8%▲
2024 · 30.5%
ROA
15.6%▲
2024 · 9.2%
Interest coverage
96.23▲
2024 · 9.78
Debt
€296k▲
2024 · €252k
Debt ≤ 1 year
€296k▲
2024 · €252k
Staff costs
€407k▼
2024 · €475k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€361k€479k▲
Fixed assets21/28€6k-
Intangible fixed assets21€769-
Tangible fixed assets22/27€5k-
Plant, machinery and equipment23€2k-
Furniture and vehicles24€3k-
Financial fixed assets28€455-
Current assets29/58€355k€479k▲
Amounts receivable within one year40/41€212k€291k▲
Trade receivables40€51k€171k▲
Other amounts receivable41€161k€120k▼
Cash at bank and in hand54/58€141k€182k▲
Deferred charges and accrued income490/1€2k€6k▲
Equity and liabilities
Total equity and liabilities10/49€361k€479k▲
Equity10/15€109k€183k▲
Contributions10/11€2k€2k=
Capital10€2k€2k=
Reserves13€68k€68k=
Profit (loss) carried forward14€38k€113k▲
Investment grants15€1k-
Amounts payable17/49€252k€296k▲
Amounts payable within one year42/48€252k€296k▲
Trade debts44€191k€232k▲
Suppliers440/4€191k€232k▲
Taxes, remuneration and social security45€58k€61k▲
Taxes450/3€16k€15k▼
Remuneration and social security454/9€42k€45k▲
Income statement
Code20242025
Non-recurring operating income76A-€15k
Remuneration, social security and pensions62€475k€407k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€330€7k▲
Non-recurring operating charges66A€578€12k▲
Gross operating margin9900€519k€507k▼
Operating profit (loss)9901€35k€75k▲
Financial income75/76B€2k€181▼
Recurring financial income75€2k€181▼
Financial charges65/66B€4k€844▼
Recurring financial charges65€4k€844▼
Profit (loss) for the period before taxes9903€33k€75k▲
Profit (loss) for the period9904€33k€75k▲
Profit (loss) for the period to be appropriated9905€33k€75k▲
Appropriation of the result
Profit (loss) to be appropriated9906€38k€113k▲
Profit (loss) brought forward from the previous period14P€5k€38k▲
Social balance
Average headcount (FTE)90875.04.5▼
The notes to these accounts (10 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 2026, expected by
2026
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €150kEq €183k ▲67.3%
2 profitable years in a row build equity to €183k.
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €33k
Net result €33k after 3 loss-making years.
31-12
Financial
Equity above €100kEq €109k ▲41.8%
Equity rises from €77k to €109k.
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
03-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-251k ▼160%
Net result drops to €-251k, the lowest in the series; recovery starts the following year.
21-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
15-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 227 days late
2020
31-12
Financial
Highest result since 2018net €419k ▲173828%
Operating result €419k, net result €419k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 4.79
Current ratio from 1.87 to 4.79; short-term debt falls from €237k to €166k.
31-12
Financial
Equity above €500kEq €633k ▲191%
3 profitable years in a row build equity to €633k.
2019
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
15-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Mechelen · 1 establishment unit since 2006
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.
Grote Markt 212800 MechelenGround area
8,852 m²
Building footprint
1,600 m²
Volume, LiDAR
24,196 m³
2 parcels, Flanders · tallest building 30.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
MMMechelen VZW
since 20062.157.841.709
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12025E0441/00R000 | Flanders | 5,531 m² | 1 · 67 m² | 12.3 m · 4 fl. |
| 12025C0048/00C000 | Flanders | 3,321 m² | 1 · 1,534 m² | 30.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 162 EUR awarded · 162 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 162 EUR | 162 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Similar companies · same sector, comparable size
SAWND & LITE SERVICES
BE 0877.872.071
Diksmuide · Eq €183k
Imagination Productions
BE 0687.717.330
Asse · Eq €184k
AVOGADRO
BE 0442.373.943
Schaarbeek · Eq €182k
STUDIO L'EQUIPE WALLONIE
BE 0479.856.525
Wavre · Eq €184k
Fonk
BE 0458.500.786
Leuven · Eq €185k
Of 3,398 companies in sector 90393 we hold annual accounts for 939. 730 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded22-07-2003
Fiscal year end31-12
Legal name NL
MF-CCM
Activities, NACEBEL
90021Arts creation and performing arts activities
90393Specialised image, lighting and sound technical services
90391Promotion and organisation of arts and performing arts events
92313
74872
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.