Summary
For the legal form of MECHO LTD, Checked does not compute a bankruptcy probability. The 2014 annual accounts show equity of €7,185 and a net result of €6,850. Equity is growing by ~3% per year across the filed fiscal years. The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2014 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2014 · tick = 2013
Profitability100▲+100
Solvency95▲+68
Growth85▲+30
Track record100
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Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-03-2014. Since then, 11 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 6 filingsPosition against the passed deadline
31-03-2015 close31-10-2015 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-03-2014 was due by 31-10-2014 and was filed on 11-12-2014, 41 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2014, abbreviated schema
Turnover
€64,995▼ 45.3%
2013 · €118,860
EBIT margin
11.2%▲ 16.6pp
2013 · -5.4%
Net result
€6,850
2013 · -€6,381
Working capital
€7,185▲ 2,513%
2013 · €275
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20102011201220132014
Turnover€17,010-€70,903▲ 317%€41,700▼ 41.2%€118,860▲ 185%€64,995▼ 45.3%
Operating result€2,309--€3,348€3,229-€6,412€7,294
Net result€1,716--€2,700€3,065-€6,381€6,850
EBIT margin13.6%--4.7%▼ 18.3pp7.7%▲ 12.5pp-5.4%▼ 13.1pp11.2%▲ 16.6pp
Equity€6,351-€3,651▼ 42.5%€6,716▲ 83.9%€335▼ 95.0%€7,185▲ 2,045%
Total assets€8,803-€14,392▲ 63.5%€20,648▲ 43.5%€15,081▼ 27.0%€10,298▼ 31.7%
Debt€2,452-€10,741▲ 338%€13,932▲ 29.7%€14,746▲ 5.8%€3,113▼ 78.9%
Working capital€5,964-€3,442▼ 42.3%€6,656▲ 93.4%€275▼ 95.9%€7,185▲ 2,513%
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 2014: €7,294 after a loss of €6,412 in 2013, the highest result in the available series.
Balance-sheet composition
2014 in colour, 2013 as the grey bar beneath
Equity and liabilities €10,298
Equity
€7,185 ▲ 2,045%
Debt
€3,113 ▼ 78.9%
Debt's share of the balance-sheet total falls from 97.8% to 30.2%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
3.31▲
2013 · 1.02
ROE
95.3%
ROA
66.5%▲
2013 · -42.3%
Debt ≤ 1 year
€3,113▼
2013 · €14,746
Income taxes
€242
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €17,010 | €70,903 | €41,700 | €118,860 | €64,995 | ▼ 45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €149 | €178 | €149 | - | - | - |
| Gross operating margin9900 | €2,833 | -€1,661 | €3,550 | €10,410 | €7,294 | ▼ 29.9% |
| Operating profit (loss)9901 | €2,309 | -€3,348 | €3,229 | -€6,412 | €7,294 | ▲ 214% |
| Recurring financial income75 | - | €289 | €456 | €84 | €7 | ▼ 91.7% |
| Recurring financial charges65 | €22 | €31 | €33 | €53 | €209 | ▲ 294% |
| Profit (loss) for the period before taxes9903 | €2,287 | -€3,090 | €3,652 | -€6,381 | €7,092 | ▲ 211% |
| Income taxes67/77 | €571 | -€390 | €587 | - | €242 | - |
| Profit (loss) for the period9904 | €1,716 | -€2,700 | €3,065 | -€6,381 | €6,850 | ▲ 207% |
| Profit (loss) for the period to be appropriated9905 | €1,716 | -€2,700 | €3,065 | -€6,381 | €6,850 | ▲ 207% |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8,803 | €14,392 | €20,648 | €15,081 | €10,298 | ▼ 31.7% |
| Fixed assets21/28 | €387 | €209 | €60 | €60 | - | - |
| Tangible fixed assets22/27 | €387 | €209 | €60 | €60 | - | - |
| Current assets29/58 | €8,416 | €14,183 | €20,588 | €15,021 | €10,298 | ▼ 31.4% |
| Amounts receivable within one year40/41 | €8,349 | €12,729 | €19,361 | €14,280 | €8,556 | ▼ 40.1% |
| Cash at bank and in hand54/58 | €67 | €1,454 | €1,227 | €741 | €1,742 | ▲ 135% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8,803 | €14,392 | €20,648 | €15,081 | €10,298 | ▼ 31.7% |
| Equity10/15 | €6,351 | €3,651 | €6,716 | €335 | €7,185 | ▲ 2,045% |
| Contributions10/11 | €1,500 | €1,500 | €1,500 | €1,500 | €1,500 | = |
| Reserves13 | €4,851 | €2,151 | €5,216 | €5,216 | €5,685 | ▲ 9.0% |
| Profit (loss) carried forward14 | - | - | - | -€6,381 | - | - |
| Amounts payable17/49 | €2,452 | €10,741 | €13,932 | €14,746 | €3,113 | ▼ 78.9% |
| Amounts payable within one year42/48 | €2,452 | €10,741 | €13,932 | €14,746 | €3,113 | ▼ 78.9% |
| Trade debts44 | €266 | €10,170 | €13,068 | €13,882 | - | - |
| Line | 2010 | 2011 | 2012 | 2013 | 2014 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,716 | -€2,700 | €3,065 | -€6,381 | €6,850 | ▲ 207% |
| + Depreciation and write-downs630 | €149 | €178 | €149 | - | - | - |
| Operating cash flow (approximation) | €1,865 | -€2,522 | €3,214 | -€6,381 | €6,850 | ▲ 207% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - |
| Change in cash | - | €1,387 | -€227 | -€486 | €1,001 | ▲ 306% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2014
11-12
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 41 days late
28-05
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 209 days late
31-03
Financial
Back to profitnet €6,850
Net result €6,850 after one loss-making year.
31-03
Financial
Liquidity triplescurrent ratio 3.31
Current ratio from 1.02 to 3.31; short-term debt falls from €14,746 to €3,113.
2013
31-03
Financial
Weakest financial yearnet -€6,381
Net result drops to -€6,381, the lowest in the series; recovery starts the following year.
2012
11-10
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
31-03
Financial
Back to profitnet €3,065
Net result €3,065 after one loss-making year.
2011
13-10
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
13-10
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema · 347 days late
2009
02-10
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, LONDON · 1 establishment unit since 2008
Cannot be placed on the map
The registered office is abroad (United Kingdom). The address register our map runs on (BOSA BEST) covers Belgian addresses only.
TOOLEY STREET 122-126SE1 2TU LONDONUnited KingdomGround area
2,428 m²
Building footprint
1,794 m²
Volume, LiDAR
15,760 m³
2 parcels, Brussels, Flanders · tallest building 40.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MECHO LIMITED
since 20082.173.941.729
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306D0325/00F000 | Brussels | 2,312 m² | 1 · 1,725 m² | 40.0 m · 1 fl. |
| 44807G0552/54C000 | Flanders | 116 m² | 1 · 70 m² | 1.6 m |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formForeign entity
Founded15-07-2008
Fiscal year end31-03
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Branches
1 branchBranch