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MECHFLOW

Active Private limited companyfounded 2025active for 1 yearLange Lozanastraat 201, 2018 AntwerpKBO/BCE: BE 1028.162.485

Lifetime

1 annual account with figures
peak €22,600 (2025)
€22,600 
peak €16,522 (2025)
€16,522 
peak €17,522 (2025)
€17,522 
€11,542 
Board1 name since 2025
1 directorGÜLTEKIN Kaan
Documentsfilings and deeds
30-08-202630 days late
2025micro format
Incorporation 29-091 establishment registeredFirst year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €190,000 estimated

The micro format states no turnover.

2025 accounts filed 30 days after the deadline

Checked score

85
Excellent
Financially stronger than 79% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Financial strength
Strong

85equity 60.3% of total assets
81short-term debt 39.7% · cash 57.9%
100return on assets 56.8%

Score breakdown

raises risk
Founded in 2025
Size: total assets €29,064
Last filed accounts filed 30 days late
lowers risk
Liquidity: current ratio 2.52, cash €16,822
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 66% of them on solvency, 79% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 11,279 companies had the same profile as MECHFLOW has now. Each dot stands for 29 companies, two years later.

96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of MECHFLOW itself: 0.5% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 11,279 companies, not a prediction for MECHFLOW. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.52, above the usual 1.5. Short-term debt is 39.7% and cash 57.9% of total assets. 39.7% of the assets are financed with debt and provisions.

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

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 2.52, cash €16,822
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €29,064
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 30 days late
NBB · filings
raises risk · 2025 accounts filed 30 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 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 · 1 filing
Deviation from the deadline
2025
30 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Board and ownership

GK
Director, since 25-09-2025
  • GÜLTEKIN Kaan 100 sharesdeed of 29-09-2025
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1028162485
Incorporation Founding capital of €1,000, 100 shares · Founder: GÜLTEKIN Kaan · Appointment: GÜLTEKIN Kaan (director) · published on 29-09-2025 · Gazette deed
First establishment Lange Lozanastraat 201, Antwerp
All 4 events

Comparable companies

same main activity, similar in size and age
Company
MECHFLOW Antwerp €29,064 €22,600 60.3% -
LTD Projects Heist-op-den-Berg €24,859 €18,709 69.3% -
C.S. GROUP Koekelberg €30,247 €23,809 60.3% -
JCOK Londerzeel €28,405 €19,335 64.7% -
ALTAIRIO Ittre €26,109 €18,543 62.2% -
ARCOTECH Izegem €30,787 €17,947 54.4% -
Vips-security Tienen €29,620 €17,855 50.0% -

These companies have the same main activity as MECHFLOW: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €24,900 and €30,800, founded in 2025.

Official details

Source: KBO
Status
Active since 25-09-2025Normal situation
Activity
General electrical installation workNACE 43211and 5 others
Establishment unit
2.381.010.9932018 Antwerp, since 25-09-2025
Financial year end
31 December
Peppol
Reachable since 07-07-2026
Company details

Annual accounts 2025

€29,064
Filing
Filed on 30-08-2026
Financials

Insights on MECHFLOW

MECHFLOW has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,522 and a net result of €16,522.

Its solvency ranks better than 65% of 35,125 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MECHFLOW

What is the company number of MECHFLOW?
The company number of MECHFLOW is 1028.162.485. The VAT number is the same number with BE in front: BE 1028.162.485.
Where is MECHFLOW based?
The registered office is at Lange Lozanastraat 201, 2018 Antwerp.Company details
What does MECHFLOW do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of MECHFLOW?
MECHFLOW is a private limited company (BV).
When was MECHFLOW founded?
MECHFLOW was founded on 25-09-2025.
Is MECHFLOW still active?
Yes, MECHFLOW is an active enterprise in the KBO register.
What is the turnover of MECHFLOW?
The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €22,600 and 97 comparable companies (NACE 43211). It probably lies between €120,000 and €390,000. It is a rough estimate.Financials
Is MECHFLOW profitable?
In financial year 2025, MECHFLOW made a profit of €16,522.
Where can I find the annual accounts of MECHFLOW?
MECHFLOW filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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