Checked.be
Active
BE 0478.860.789Public limited company
MECHELEN ZUID PROJECTS
Medialaan 50 ·1800 Vilvoorde, Belgium· 23 yrs active
Sector: Activiteiten van holdings
(64210)
Conclusion
MECHELEN ZUID PROJECTS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €307k and a net result of €51k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 37% of 1415 sector peers (fiscal year 2024). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 7 annual accounts.
Key figures
| Equity | €307k |
| Net result | €51k |
| Better than sector | 37% |
| Active | 23 yrs |
Financial profile
73
/ 100
Strong profile, led by stability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
Health
-
Profitability
84
Solvency
61
Growth
46
Stability
100
Bankruptcy probability (12 mo)
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2002, 23 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.
Financial overview
Annual accounts filed on 07-07-2025 with the NBB · fiscal year 2024 · verkort
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~3.6%/year over 7 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 64, Financial services · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 25.5% | 37.4% | |
| Net result | €51k | €45k | |
| Equity | €307k | €365k | |
| Gross operating margin | €225k | €65k | |
| Total assets | €1.20M | €1.41M |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€51k
+15.8%
18-24
€1.20M
+15.0%
18-24
€307k
+20.1%
18-24
€18k
+5.2%
18-24
€146k
+46.0%
18-24
€898k
+13.3%
18-24
€28k
-96.0%
18-24
€794k
-2.8%
18-24
Show 3 other metrics
25.5%
+4.5%
18-24
16.7%
-3.6%
18-24
4.3%
+0.7%
18-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | verkort |
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €51k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | €18k |
| Dividends | - |
| Total assets | €1.20M |
| Equity | €307k |
| Debt | €898k |
| of which ≤ 1y | €28k |
| of which > 1y | €794k |
| Working capital | n/a |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 25.5% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 4.3% |
| ROE | 16.7% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
Balance-sheet composition 2024
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.20M |
| Fixed assets | 21/28 | €1.03M |
| Tangible fixed assets | 22/27 | €1.03M |
| Current assets | 29/58 | €176k |
| Amounts receivable within one year | 40/41 | €174k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.20M |
| Equity | 10/15 | €307k |
| Contributions / capital | 10/11 | €192k |
| Reserves | 13 | €19k |
| Accumulated profits (losses) | 14 | €96k |
| Amounts payable | 17/49 | €898k |
| Amounts payable after one year | 17 | €794k |
| Amounts payable within one year | 42/48 | €28k |
| Trade debts payable within one year | 44 | €26k |
| Income statement | ||
| Gross operating margin | 9900 | €225k |
| Operating result | 9901 | €123k |
| Financial charges | 65 | €54k |
| Result before taxes | 9903 | €69k |
| Income taxes | 67/77 | €18k |
| Net result for the period | 9904 | €51k |
| Result to be appropriated | 9905 | €51k |
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
Current directors & mandates
-
Lien StandaertDirectorState Gazette act 24017921 (29-01-2024)Current29-01-2024 → present
-
Hans OngenaDirectorState Gazette act 21036416 (23-03-2021)Current23-03-2021 → present
Historic, not recently confirmed (3)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
Philippe Van der BekenDirectorState Gazette act 19078217 (13-06-2019)Not recently confirmedlast confirmed in an act from 2019
-
Isabella Van BambostGevolmachtigdeState Gazette act 18105089 (06-07-2018)Not recently confirmedlast confirmed in an act from 2018
2 events
- 06-07-2018 Appointed· Gevolmachtigde
- 11-07-2016 Appointed· Gevolmachtigde
-
Jesse VerbistGevolmachtigdeState Gazette act 18105089 (06-07-2018)Not recently confirmedlast confirmed in an act from 2018
2 events
- 06-07-2018 Appointed· Gevolmachtigde
- 11-07-2016 Appointed· Gevolmachtigde
Permanent representatives (1)
These people represent a legal-person director (a management company, for instance). They hold no board mandate of their own and do not count as directors.
-
Frederic PoesenVertegenwoordiger commissarisState Gazette act 25092923 (22-07-2025)Permanent representative11-07-2016 → present
3 events
- 22-07-2025 Appointed· Vertegenwoordiger commissaris
- 22-07-2022 Appointed· Vertegenwoordiger commissaris
- 11-07-2016 Appointed· Vaste vertegenwoordiger
Former directors (5)
-
Jorn BruyninckxDirectorState Gazette act 19078217 (13-06-2019)Former13-06-2019 → 29-01-2024
2 events
- 29-01-2024 Resigned· Director
- 13-06-2019 Appointed· Director
-
Thomas De MeesterDirectorState Gazette act 19015946 (31-01-2019)Former31-01-2019 → 23-03-2021
2 events
- 23-03-2021 Resigned· Director
- 31-01-2019 Appointed· Director
-
Dominique PrinceDirectorState Gazette act 08196874 (22-12-2008)Former22-12-2008 → 13-06-2019
2 events
- 13-06-2019 Resigned· Director
- 22-12-2008 Appointed· Director
-
Emmanuel Vander SticheleDirectorState Gazette act 18105089 (06-07-2018)Former06-07-2018 → 31-01-2019
2 events
- 31-01-2019 Resigned· Director
- 06-07-2018 Appointed· Director
-
Kim CornilleDirectorState Gazette act 17157501 (09-11-2017)Former- → 09-11-2017
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Statutory auditor
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Philippe Van der BekenCurrent Statutory auditor |
- | 22-07-2025 → present |
Show 3 earlier auditors
| Frederic Poesen Commissaris revisor succeeded by KPMG Bedrijfsrevisoren BV in 2022 |
- | 01-08-2019 → 22-07-2022 |
| KPMG Bedrijfsrevisoren Burg. CVBA Statutory auditor succeeded by Frederic Poesen in 2019 |
- | 11-07-2016 → 01-08-2019 |
| KPMG Bedrijfsrevisoren BV Statutory auditor succeeded by Philippe Van der Beken in 2025 |
- | 22-07-2022 → 22-07-2025 |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Legal Structure
| NACE primary | Activiteiten van holdings(64210) |
| Legal form | Public limited company(014) |
| Incorporation | 27-11-2002 |
| Status | Active |
| Postal code | 1800 |
Establishment units
MECHELEN ZUID PROJECTS
since 20022.114.730.850
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23645C0156/00V002 | Flanders | 9,561 m² | 1 · 3,846 m² | 20.5 m · 5 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
22-07-2025
State Gazette act
Director changes
07-07-2025
NBB filing
Annual accounts filed
2024
18-07-2024
NBB filing
Annual accounts filed
29-01-2024
State Gazette act
Director changes
2023
24-07-2023
NBB filing
Annual accounts filed
2022
22-07-2022
State Gazette act
Director changes
14-07-2022
NBB filing
Annual accounts filed
2021
12-07-2021
NBB filing
Annual accounts filed
23-03-2021
State Gazette act
Director changes
25-02-2021
State Gazette act
Statutes amendment
2020
28-07-2020
NBB filing
Annual accounts filed
2019
01-08-2019
State Gazette act
Director changes
23-07-2019
NBB filing
Annual accounts filed
13-06-2019
State Gazette act
Director changes
31-01-2019
State Gazette act
Director changes
2018
20-07-2018
NBB filing
Annual accounts filed
06-07-2018
State Gazette act
Director changes
2017
09-11-2017
State Gazette act
Director changes
27-07-2017
NBB filing
Annual accounts filed
2016
11-07-2016
State Gazette act
Director changes
27-06-2016
NBB filing
Annual accounts filed
29-01-2016
State Gazette act
Capital & shares
2008
22-12-2008
State Gazette act
Director changes
Belgian State Gazette reading coverage
We know of 22 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
Capital history · 1
29-01-2016
v3.2
All acts · 13
updated 1 year ago
2025
22-07-2025 3 directors appointed
- Philippe Van der Beken, Commissaris
- KPMG Bedrijfsrevisoren BV, Commissaris
- Frederic Poesen, Vertegenwoordiger commissaris
Summary:
v3.2
Technical details
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}2024
29-01-2024 1 director appointed, 1 resigning
- Lien Standaert, Bestuurder
- Jorn Bruyninckx, Bestuurder
Summary:
v3.2
Technical details
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}2022
22-07-2022 2 directors appointed
- KPMG Bedrijfsrevisoren BV, Commissaris
- Frederic Poesen, Vertegenwoordiger commissaris
Summary:
v3.2
Technical details
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}2021
23-03-2021 1 director appointed, 1 resigning
- Hans Ongena, Bestuurder
- Thomas De Meester, Bestuurder
Summary:
v3.2
Technical details
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"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Thomas De Meester",
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},
{
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"name": "Hans Ongena",
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}
],
"schema": "v3.2",
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"subject_company": {
"kbo": "0478.860.789",
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}25-02-2021 Articles of association amended
Summary:
v3.2
Technical details
{
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},
"name_change": {
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"old": "",
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"seat_change": {
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"object_change": {
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},
"subject_company": {
"kbo": "0478.860.789",
"name_full": "MECHELEN ZUID PROJECTS"
},
"legal_form_change": {
"new": "Naamloze vennootschap",
"old": "Naamloze vennootschap",
"changed": false
}
}2019
01-08-2019 Frederic Poesen appointed as commissaris revisor
- Frederic Poesen, Commissaris revisor
Summary:
v3.2
Technical details
{
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}13-06-2019 2 directors appointed, 1 resigning
- Jorn Bruyninckx, Bestuurder
- Philippe Van der Beken, Bestuurder
- Dominique Prince, Bestuurder
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
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"rrn": null,
"name": "Dominique Prince",
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}
}31-01-2019 1 director appointed, 1 resigning
- Thomas De Meester, Bestuurder
- Emmanuel Vander Stichele, Bestuurder
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Emmanuel Vander Stichele",
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},
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}2018
06-07-2018 3 directors appointed
- Emmanuel Vander Stichele, Bestuurder
- Jesse Verbist, Gevolmachtigde
- Isabella Van Bambost, Gevolmachtigde
Summary:
v3.2
Technical details
{
"events": [
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"rrn": null,
"name": "Emmanuel Vander Stichele",
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},
{
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{
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],
"schema": "v3.2",
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},
"subject_company": {
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}
}2017
09-11-2017 Kim Cornille resigns as director
- Kim Cornille, Bestuurder
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Kim Cornille",
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],
"schema": "v3.2",
"act_meta": {
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"subject_company": {
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}
}2016
11-07-2016 4 directors appointed
- KPMG Bedrijfsrevisoren Burg. CVBA, Commissaris
- Frederic Poesen, Vaste vertegenwoordiger
- Jesse Verbist, Gevolmachtigde
- Isabella Van Bambost, Gevolmachtigde
Summary:
v3.2
Technical details
{
"events": [
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"role": "commissaris",
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},
{
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}
},
{
"kind": "director_in",
"role": "gevolmachtigde",
"person": {
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}
},
{
"kind": "director_in",
"role": "gevolmachtigde",
"person": {
"rrn": null,
"name": "Isabella Van Bambost",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0478.860.789",
"name_full": "Mechelen Zuid Projects"
}
}29-01-2016 Capital increase of €130,200 to €192,200
- €62.000 → €192.200
- Inbreng in geld · Apport en numéraire
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "capital_increase",
"after_eur": 192200,
"delta_eur": 130200,
"before_eur": 62000,
"contribution_type": "geld"
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0478.860.789",
"name_full": "MECHELEN ZUID PROJECTS"
}
}2008
22-12-2008 Dominique Prince appointed as director
- Dominique Prince, Bestuurder
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Dominique Prince",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0478.860.789",
"name_full": "Mechelen Zuid Projects"
}
}Credit advice
Company registry (CBE)
Activities
Holdings64200Activiteiten van holdings64210Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed, exclusief terreinen68203Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen68203
Primary activity highlighted.
Names & trade names
| Legal nameNL | MECHELEN ZUID PROJECTS |
| AbbreviationNL | MZP |
Registered office
Medialaan 50
1800 Vilvoorde, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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