MECHON
ActiveSummary
The computed 12-month bankruptcy probability of MECHON is 1.9% (moderate). The 2025 annual accounts show equity of €82k and a net result of €8k. Equity is growing by ~26.4% per year across the filed fiscal years. Its solvency ranks better than 53% of 1309 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-25
Solvency73▼-6
Growth52=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.48 against 2.0 in 2024; short-term debt: 29.1% and cash: 48.7% of total assets), but 51.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
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
48.5%
Return on assets
4.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 3 filingsDeviation from the deadline
2025
25 d late
2024
7 d early
2023
26 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€82k▲ 8.9%
2024 · €75k
2023: €42k
2024: €75k
2023 → 2025
Total assets
€169k▲ 20.2%
2024 · €140k
2023: €119k
2024: €140k
2023 → 2025
Net result
€8k▼ 75.9%
2024 · €35k
2023: €37k
2024: €35k
2023 → 2025
Working capital
€72k▲ 66.9%
2024 · €43k
2023: €7k
2024: €43k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€42k-€75k▲ 78.2%€82k▲ 8.9%
Operating result€49k-€46k▼ 5.4%€19k▼ 58.0%
Net result€37k-€35k▼ 6.0%€8k▼ 75.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 58% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €169k
Fixed assets
€47k ▼ 11.9%
Current assets
€121k ▲ 40.1%
Equity and liabilities €169k
Equity
€82k ▲ 8.9%
Provisions
€26k
Debt
€61k ▼ 6.3%
Debt's share of the balance-sheet total falls from 46.4% to 36.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€35k▼
2024 · €61k
Cash flow
€24k▼
2024 · €50k
Current ratio
2.48▲
2024 · 2.00
Debt to equity
0.75▼
2024 · 0.87
ROE
10.2%▼
2024 · 46.1%
ROA
4.9%▼
2024 · 24.7%
Interest coverage
22.56▼
2024 · 32.92
Debt ≤ 1 year
€49k▲
2024 · €43k
Debt > 1 year
€12k▼
2024 · €22k
Income taxes
€9k▼
2024 · €10k
Staff costs
€213
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€140k€169k▲
Fixed assets21/28€54k€47k▼
Intangible fixed assets21€9k€8k▼
Tangible fixed assets22/27€45k€39k▼
Plant, machinery and equipment23€563€3k▲
Furniture and vehicles24€44k€31k▼
Other tangible fixed assets26-€5k
Current assets29/58€87k€121k▲
Amounts receivable within one year40/41€11k€37k▲
Trade receivables40€8k€37k▲
Other amounts receivable41€3k€381▼
Cash at bank and in hand54/58€73k€82k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€140k€169k▲
Equity10/15€75k€82k▲
Contributions10/11€7k€7k=
Reserves13€68k€75k▲
Distributable reserves133€68k€75k▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16-€26k
Provisions for liabilities and charges160/5-€26k
Other liabilities and charges164/5-€26k
Amounts payable17/49€65k€61k▼
Amounts payable after more than one year17€22k€12k▼
Financial debts170/4€22k€12k▼
Amounts payable within one year42/48€43k€49k▲
Current portion of amounts payable after more than one year42€9k€10k▲
Trade debts44€1k€4k▲
Suppliers440/4€1k€4k▲
Taxes, remuneration and social security45€27k€28k▲
Taxes450/3€27k€28k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€6k€7k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€213
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€16k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8-€26k
Other operating charges640/8€588€563▼
Gross operating margin9900€62k€62k▲
Operating profit (loss)9901€46k€19k▼
Financial income75/76B€8€0▼
Recurring financial income75€8€0▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€44k€18k▼
Income taxes67/77€10k€9k▼
Profit (loss) for the period9904€35k€8k▼
Profit (loss) for the period to be appropriated9905€35k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€8k▼
Transfer to equity691/2€33k€7k▼
To other reserves6921€33k€7k▼
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
The notes to these accounts (16 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Weakest financial yearnet €8k ▼75.9%
Net result drops to €8k, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Maldegem · 1 establishment unit since 2022
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.
Kleitkalseide 1189990 MaldegemGround area
978 m²
Building footprint
157 m²
Parcel 43502D1313/00R003, Flanders. Linked by address, not a title deed.
1 establishment unit
MECHON
since 20222.337.916.962
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43502D1313/00R003 | Flanders | 978 m² | 1 · 157 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
98450072B947DDF84C54
Similar companies · same sector, comparable size
MATEC E&A
BE 0763.451.069
Zonhoven · Eq €81,886
SG Consultant
BE 0773.741.878
Antwerpen · Eq €82,093
KeimOTech
BE 0803.381.516
Trooz · Eq €81,330
LBtechnics
BE 0784.243.614
Oudenburg · Eq €82,676
De Roeve Mechanical
BE 0645.948.932
Lokeren · Eq €80,803
Of 1,225 companies in sector 33200 we hold annual accounts for 676. 516 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-10-2022
Fiscal year end31-12
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.