MECONA
ActiveSummary
MECONA has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.0m and a net result of -€171,348. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 95% of 1043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability14▼-54
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €280,000 at 30 days acceptable
Liquidity ample (current ratio 42.15 against 27.75 in 2024; short-term debt: 2% and cash: 51% of total assets), and 2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← 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
98%
Return on assets
-4.2%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
36 d early
2023
14 d early
2022
24 d early
2021
17 d late
2020
24 d late
2019
35 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
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. Usually files around 18 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#4 oldest company in Oudsbergen, Manufacturing sector#7 company by equity in Oudsbergen, Manufacturing sector
Equity
€4.0m▼ 4.1%
2024 · €4.2m
Total assets
€4.1m▼ 5.0%
2024 · €4.3m
Net result
-€171,348▼ 394%
2024 · -€34,680
Working capital
€3.4m▼ 1.5%
2024 · €3.4m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€53,214-€159,961€31,673-€67,237-€195,222▼ 190%
Net result€79,443within the sector's middle half-€128,771below the sector's middle half€59,606within the sector's middle half-€34,680below the sector's middle half-€171,348below the sector's middle half▼ 394%
Equity€4.3mabove the sector's middle half▲ 1.9%€4.2mabove the sector's middle half▼ 3.0%€4.2mabove the sector's middle half▲ 1.4%€4.2mabove the sector's middle half▼ 0.8%€4.0mabove the sector's middle half▼ 4.1%
Total assets€4.5mabove the sector's middle half▲ 3.6%€4.7mabove the sector's middle half▲ 2.8%€4.3mabove the sector's middle half▼ 8.1%€4.3mabove the sector's middle half▲ 0.2%€4.1mabove the sector's middle half▼ 5.0%
Debt€263,026▲ 42.5%€520,625▲ 97.9%€83,392▼ 84.0%€128,225▲ 53.8%€82,103▼ 36.0%
Working capital€3.7mabove the sector's middle half▼ 4.0%€3.2mabove the sector's middle half▼ 12.3%€3.3mabove the sector's middle half▲ 3.4%€3.4mabove the sector's middle half▲ 3.2%€3.4mabove the sector's middle half▼ 1.5%
Solvency94.2%above the sector's middle half▼ 1.6pp88.9%above the sector's middle half▼ 5.3pp98.1%above the sector's middle half▲ 9.2pp97.0%above the sector's middle half▼ 1.0pp98.0%above the sector's middle half▲ 1.0pp
Current ratio14.94above the sector's middle half▼ 6.767.18above the sector's middle half▼ 7.7740.86above the sector's middle half▲ 33.6827.75above the sector's middle half▼ 13.1142.15above the sector's middle half▲ 14.40
Return on assets (ROA)1.7%within the sector's middle half▲ 3.8pp-2.8%below the sector's middle half▼ 4.5pp1.4%within the sector's middle half▲ 4.1pp-0.8%below the sector's middle half▼ 2.2pp-4.2%below the sector's middle half▼ 3.4pp
Staff (FTE)21.4above the sector's middle half▼ 7.0%20.7above the sector's middle half▼ 3.3%20.6above the sector's middle half▼ 0.5%19.6above the sector's middle half▼ 4.9%19.6above the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €195,222 in 2025 against €67,237 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.1m
Fixed assets
€633,280 ▼ 15.9%
Current assets
€3.5m ▼ 2.8%
Equity and liabilities €4.1m
Equity
€4.0m ▼ 4.1%
Debt
€82,103 ▼ 36.0%
Debt's share of the balance-sheet total falls from 3.0% to 2.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€41,079▼
2024 · €84,658
Cash flow
-€17,205▼
2024 · €117,214
Quick ratio
31.47▲
2024 · 21.86
Debt to equity
0.02▼
2024 · 0.03
ROE
-4.3%▼
2024 · -0.8%
Interest coverage
-27.39▼
2024 · 45.55
Debt ≤ 1 year
€82,103▼
2024 · €128,225
Income taxes
€288▼
2024 · €319
Staff costs
€957,675▼
2024 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.1%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,611 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €920,749 | €949,040 | €944,757 | €1.1m | €957,675 | ▼ 14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €84,374 | €115,857 | €146,627 | €151,894 | €154,142 | ▲ 1.5% |
| Other operating charges640/8 | €26,349 | €28,915 | €30,392 | €31,582 | €32,243 | ▲ 2.1% |
| Gross operating margin9900 | €1.1m | €933,851 | €1.2m | €1.2m | €948,839 | ▼ 23.2% |
| Operating profit (loss)9901 | €53,214 | -€159,961 | €31,673 | -€67,237 | -€195,222 | ▼ 190% |
| Financial income75/76B | €27,556 | €33,387 | €29,988 | €34,735 | €25,662 | ▼ 26.1% |
| Recurring financial income75 | €27,556 | €28,387 | €29,988 | €34,735 | €25,662 | ▼ 26.1% |
| Non-recurring financial income76B | - | €5,000 | - | - | - | - |
| Financial charges65/66B | €706 | €1,516 | €1,676 | €1,859 | €1,500 | ▼ 19.3% |
| Recurring financial charges65 | €706 | €1,516 | €1,676 | €1,859 | €1,500 | ▼ 19.3% |
| Profit (loss) for the period before taxes9903 | €80,065 | -€128,090 | €59,985 | -€34,361 | -€171,059 | ▼ 398% |
| Income taxes67/77 | €622 | €681 | €379 | €319 | €288 | ▼ 9.7% |
| Profit (loss) for the period9904 | €79,443 | -€128,771 | €59,606 | -€34,680 | -€171,348 | ▼ 394% |
| Profit (loss) for the period to be appropriated9905 | €79,443 | -€128,771 | €59,606 | -€34,680 | -€171,348 | ▼ 394% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.5m | €4.7m | €4.3m | €4.3m | €4.1m | ▼ 5.0% |
| Fixed assets21/28 | €619,055 | €942,713 | €893,616 | €752,670 | €633,280 | ▼ 15.9% |
| Tangible fixed assets22/27 | €618,805 | €942,463 | €893,366 | €752,420 | €633,030 | ▼ 15.9% |
| Land and buildings22 | €295,121 | €267,006 | €252,830 | €238,654 | €225,024 | ▼ 5.7% |
| Plant, machinery and equipment23 | €272,087 | €576,394 | €480,562 | €394,170 | €326,883 | ▼ 17.1% |
| Furniture and vehicles24 | €51,597 | €99,063 | €159,974 | €119,596 | €81,123 | ▼ 32.2% |
| Financial fixed assets28 | €250 | €250 | €250 | €250 | €250 | = |
| Current assets29/58 | €3.9m | €3.7m | €3.4m | €3.6m | €3.5m | ▼ 2.8% |
| Stocks and contracts in progress3 | €565,000 | €674,300 | €754,450 | €755,825 | €876,200 | ▲ 15.9% |
| Stocks30/36 | €140,000 | €237,500 | €267,500 | €392,500 | €422,500 | ▲ 7.6% |
| Contracts in progress37 | €425,000 | €436,800 | €486,950 | €363,325 | €453,700 | ▲ 24.9% |
| Amounts receivable within one year40/41 | €313,020 | €372,965 | €310,686 | €380,196 | €267,506 | ▼ 29.6% |
| Trade receivables40 | €75,838 | €110,612 | €105,953 | €215,893 | €100,380 | ▼ 53.5% |
| Other amounts receivable41 | €237,182 | €262,353 | €204,733 | €164,302 | €167,126 | ▲ 1.7% |
| Current investments50/53 | €255,175 | €255,175 | €255,175 | €155,175 | €215,175 | ▲ 38.7% |
| Cash at bank and in hand54/58 | €2.8m | €2.4m | €2.1m | €2.3m | €2.1m | ▼ 7.4% |
| Deferred charges and accrued income490/1 | €11,312 | €22,649 | €7,952 | €12,179 | €12,179 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.5m | €4.7m | €4.3m | €4.3m | €4.1m | ▼ 5.0% |
| Equity10/15 | €4.3m | €4.2m | €4.2m | €4.2m | €4.0m | ▼ 4.1% |
| Contributions10/11 | €37,500 | €37,500 | €37,500 | €37,500 | €37,500 | = |
| Reserves13 | €4.2m | €4.1m | €4.2m | €4.1m | €4.0m | ▼ 4.1% |
| Non-distributable reserves130/1 | €3,750 | €3,750 | - | - | - | - |
| Reserves not available under the articles1311 | €3,750 | €3,750 | - | - | - | - |
| Tax-exempt reserves132 | €446,250 | €446,250 | €446,250 | €446,250 | €446,250 | = |
| Distributable reserves133 | €3.8m | €3.7m | €3.7m | €3.7m | €3.5m | ▼ 4.6% |
| Amounts payable17/49 | €263,026 | €520,625 | €83,392 | €128,225 | €82,103 | ▼ 36.0% |
| Amounts payable within one year42/48 | €263,026 | €520,625 | €83,392 | €128,225 | €82,103 | ▼ 36.0% |
| Trade debts44 | €224,324 | €486,165 | €47,792 | €91,225 | €41,939 | ▼ 54.0% |
| Suppliers440/4 | €224,324 | €486,165 | €47,792 | €91,225 | €41,939 | ▼ 54.0% |
| Taxes, remuneration and social security45 | €38,702 | €34,461 | €35,600 | €37,001 | €40,164 | ▲ 8.5% |
| Taxes450/3 | €6,871 | €681 | €1,823 | €751 | - | - |
| Remuneration and social security454/9 | €31,831 | €33,779 | €33,777 | €36,250 | €40,164 | ▲ 10.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €79,443 | -€128,771 | €59,606 | -€34,680 | -€171,348 | ▼ 394% |
| + Depreciation and write-downs630 | €84,374 | €115,857 | €146,627 | €151,894 | €154,142 | ▲ 1.5% |
| Operating cash flow (approximation) | €163,816 | -€12,914 | €206,234 | €117,214 | -€17,205 | ▼ 115% |
| Investment in fixed assets (approximation) | - | -€439,515 | -€97,530 | -€10,949 | -€34,752 | ▼ 217% |
| Change in cash | - | -€375,412 | -€331,704 | €175,987 | -€165,765 | ▼ 194% |
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
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet -€171,348
Net result drops to -€171,348, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €59,606
Net result €59,606 after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 40.86
Current ratio from 7.18 to 40.86; short-term debt falls from €520,625 to €83,392.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 17 days late
2021
31-12
Financial
Back to profitnet €79,443
Net result €79,443 after 3 loss-making years.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
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, Oudsbergen · 1 establishment unit since 1980
Ground area
1.1 ha
Building footprint
3,634 m²
Volume, LiDAR
22,597 m³
Parcel 71562B0693/00R000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MECONA BVBA
since 19802.016.956.335
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71562B0693/00R000 | Flanders | 1.1 ha | 1 · 3,634 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 360 EUR awarded · 360 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 360 EUR | 360 EUR |
Recognitions · licences · registrations
Recognised contractor
5 categoriesMECONA BV35288
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Of 909 companies in sector 25120 we hold annual accounts for 678. 305 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-12-1979
Fiscal year end31-12
Activities, NACEBEL 2025
25120Manufacture of fabricated metal products, except machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0420001090
Also
9925:BE0420001090
Registered
14-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.