MECOPLAS

Active

Public limited companyfounded 1979active for 46 yearsKoedreef 5, 8780 Oostrozebeke, BelgiumKBO/BCE: BE 0419.946.256

Summary

MECOPLAS has been active since 1979 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.3m and a net result of -€2,934. Equity remains stable across the filed financial years (±0.1% per year). Its solvency ranks better than 92% of 1,237 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

MECOPLASActiveChecked score 95/100

Risk analysis Report Compare

Activity

Forging of metal

NACE 25401Manufacture of rubber and plastic products NACE 22260

5th oldest company in Oostrozebeke, Manufacturing sector1 site

Size

€2.6mtotal assets 2025

Staff: 4.5 FTE
Equity: €2.3m
Loss: -€2,934

Turnover not published (abbreviated format)

Financial health

95 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Parent: VDK GROUP · 99.07%

VDK GROUPManaging director · permanent representative Stefan Vandekerckhove

2025 accounts 2 days early2 of 6 deeds summarised

Why 95raises riskSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskFounded in 1979Liquidity: current ratio 13.22, cash €413,806Equity €2.3m (88.9% of total assets)Show the evidence

Checked score

Score 2025

95 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 57% of its sector peers (NACE 25, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 88.9% of total assets

Liquidity 70+7

short-term debt 6.6% · cash 15.7%

Profitability 69+58

return on assets -0.1%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.5% (3,701 companies, NACE 25, micro)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.2%▲ +0.1 percentage points vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025highest value 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: < 0.1%▼ -0.2 percentage points vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026

Credit of up to €220,000 on 30-day terms is acceptable

Liquidity ample (current ratio 13.22, compared with 11.79 in 2024, above the usual 1.5; short-term debt: 6.6% and cash: 15.7% of total assets), and 11.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 25, micro): better than 90% on solvency, 70% on liquidity, 34% on profitability and 34% on growth.

The bankruptcy probability was computed on 25-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Founded in 1979

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Liquidity: current ratio 13.22, cash €413,806

NBB · annual accounts

Equity €2.3m (88.9% of total assets)

NBB · annual accounts

Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)

KBO

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

19202122232425

2019 to 2025 · latest year -€2,934

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

2 days early

2024

1 day early

2023

2 days early

2022

2 days late

2021

on the day

2020

2 days early

2019

7 days 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 2 days before the deadline; the sector median (NACE 25) for financial year 2024 is 8 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-06-2026 year end26-10-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

29-01-2026 Annual accounts filedfinancial year 2025 · abbreviated…
30-01-2025 Annual accounts filedfinancial year 2024 · abbreviated…
30-06-2024 Weakest financial yearnet -€169,607

Key points

Risk: 3 loss-making years in a rowloss financial year 2025 -€2,934 View
Positive: Result rose in 2025from -€169,607 to -€2,934 ▲ 98.3% View
Positive: Among the best 9% on solvencysector median 46.3% · 1,237 companies 88.9% View
Controlled by VDK GROUP 99.07% View
Active since 1979founded 18-12-1979 46 years View

By topic

Financials

Financial year: 2025
Total assets: €2.6m
Loss: -€2,934
Solvency: 88.9%

Total assets▼ 1.1%

Net result

20192025

Go to Financials

Board & ownership

Board: 1 member
Parent: VDK GROUP · 99.07%

VDK GROUPManaging director

Go to Board & ownership

Timeline

Events: 49
Since: 1982
Next accounts: by 31-01-2027

01-03-2024Resignations: GREFAN, Stefan Vandekerckhove and Peter Vandekerckhove
29-01-2024Annual accounts filed
08-12-2023Resignation: Geert Vandekerckhove (director)

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: Forging of metalNACE 25401
Founded: 18-12-1979
Year ends: 30-06
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 47

Annual meeting: First Saturday of December at 10:00
Purpose: “1. Het uitbaten van een werkplaats voor algemene mechaniek en het maken van vormen; 2. Het…” (deed in Dutch)

Go to Articles of association

Key facts about MECOPLAS

What is the company number of MECOPLAS?: 0419.946.256. In Belgium the VAT number is the company number with BE in front: BE 0419.946.256.
Where is MECOPLAS based?: The registered office is at Koedreef 5, 8780 Oostrozebeke.Company details
What does MECOPLAS do?: According to the KBO register, the main activity is forging of metal (NACE 25401).
What is the legal form of MECOPLAS?: Public limited company (NV).
When was MECOPLAS founded?: On 18-12-1979.
Is MECOPLAS still active?: Yes, MECOPLAS is an active enterprise in the KBO register.
How many employees does MECOPLAS have?: On average 4.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MECOPLAS?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is MECOPLAS profitable?: In financial year 2025, MECOPLAS made a loss of €2,934.
Where can I find the annual accounts of MECOPLAS?: MECOPLAS filed 45 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MECOPLAS due?: By 31-01-2027, for financial year 2026.Timeline