MECI
InactiveMECI was declared bankrupt on 27-06-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 12-12-2023, published in the Belgian State Gazette on 27-12-2023.
Summary
Inactive; last annual accounts for fiscal year 2019.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 09-11-2020, 101 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
101 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2019 accounts 101 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Financials · fiscal year 2019, micro schema
Equity
€22,798▲ 272%
2018 · €6,129
Total assets
€170,398▲ 100%
2018 · €85,129
Net result
€16,668▲ 374%
2018 · €3,514
Working capital
€11,974
2018 · -€9,359
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
Line20182019
Operating result€2,595-€19,508▲ 652%
Net result€3,514-€16,668▲ 374%
Equity€6,129-€22,798▲ 272%
Total assets€85,129-€170,398▲ 100%
Debt€79,000-€147,601▲ 86.8%
Working capital-€9,359-€11,974
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2019; 2019 is 652% above 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €170,398
Fixed assets
€10,823 ▼ 30.1%
Current assets
€159,575 ▲ 129%
Equity and liabilities €170,398
Equity
€22,798 ▲ 272%
Debt
€147,601 ▲ 86.8%
Debt's share of the balance-sheet total falls from 92.8% to 86.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24,172▲
2018 · €7,260
Cash flow
€21,333▲
2018 · €8,178
Current ratio
1.08▲
2018 · 0.88
ROE
73.1%▲
2018 · 57.3%
ROA
9.8%▲
2018 · 4.1%
Debt ≤ 1 year
€147,601▲
2018 · €79,000
Income taxes
€2,294
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,664 | €4,664 | = |
| Gross operating margin9900 | €8,017 | €24,663 | ▲ 208% |
| Operating profit (loss)9901 | €2,595 | €19,508 | ▲ 652% |
| Recurring financial income75 | €1,065 | - | - |
| Recurring financial charges65 | €147 | €545 | ▲ 272% |
| Profit (loss) for the period before taxes9903 | €3,514 | €18,963 | ▲ 440% |
| Income taxes67/77 | - | €2,294 | - |
| Profit (loss) for the period9904 | €3,514 | €16,668 | ▲ 374% |
| Profit (loss) for the period to be appropriated9905 | €3,514 | €16,668 | ▲ 374% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €85,129 | €170,398 | ▲ 100% |
| Fixed assets21/28 | €15,488 | €10,823 | ▼ 30.1% |
| Tangible fixed assets22/27 | €13,488 | €8,823 | ▼ 34.6% |
| Financial fixed assets28 | €2,000 | €2,000 | = |
| Current assets29/58 | €69,641 | €159,575 | ▲ 129% |
| Amounts receivable within one year40/41 | €36,104 | €110,627 | ▲ 206% |
| Cash at bank and in hand54/58 | €33,538 | €29,029 | ▼ 13.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €85,129 | €170,398 | ▲ 100% |
| Equity10/15 | €6,129 | €22,798 | ▲ 272% |
| Contributions10/11 | €18,600 | €18,600 | = |
| Reserves13 | - | €1,860 | - |
| Profit (loss) carried forward14 | -€12,471 | €2,338 | ▲ 119% |
| Amounts payable17/49 | €79,000 | €147,601 | ▲ 86.8% |
| Amounts payable within one year42/48 | €79,000 | €147,601 | ▲ 86.8% |
| Trade debts44 | €71,203 | €123,978 | ▲ 74.1% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €3,514 | €16,668 | ▲ 374% |
| + Depreciation and write-downs630 | €4,664 | €4,664 | = |
| Operating cash flow (approximation) | €8,178 | €21,333 | ▲ 161% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€4,509 | - |
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
2023
27-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 12-12-2023
15-12
KBO administration
Address struck
2022
04-07
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 27-06-2022
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
SignalNBB filing
0 of 9 acts read
About the unread acts
We know of 9 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
9 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | POL MASSART CHAUSSEE DE LA HULPE, 110/5,
1000 FR BRUXELLES-VILLE |
27-06-2022 → 12-12-2023 |
Identification & contact
Identification
Legal formBVBA
Fiscal year end31-12
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.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.