MEGACHARGE
ActiveSummary
The computed 12-month bankruptcy probability of MEGACHARGE is 2.6% (moderate). The 2024 annual accounts show equity of €100k and a net result of €50k. Its solvency ranks better than 14% of 36375 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability75▼-3
Solvency35▼-6
Growth78
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days only on tighter terms
Liquidity tight (current ratio 1.09 against 1.12 in 2023; short-term debt: 88.6% and cash: 8.2% of total assets), and 90.2% 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.
+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 36375 sector peers (2024).
NBB · sector comparisonPosition among 36375 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-06-2025, 59 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
59 d early
2023
58 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€100k▲ 99.1%
2023 · €50k
2023: €50k
2024: €100k▲ +99.1% vs 2023
2023 → 2024
Total assets
€1.02M▲ 218%
2023 · €321k
2023: €321k
2024: €1.02M▲ +218% vs 2023
2023 → 2024
Net result
€50k▲ 119%
2023 · €23k
2023: €23k
2024: €50k▲ +119% vs 2023
2023 → 2024
Working capital
€79k▲ 176%
2023 · €29k
2023: €29k
2024: €79k▲ +176% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€50k-€100k▲ 99.1%
2023: €50k
2024: €100k▲ +99.1% vs 2023
Operating result€29k-€68k▲ 133%
2023: €29k
2024: €68k▲ +133% vs 2023
Net result€23k-€50k▲ 119%
2023: €23k
2024: €50k▲ +119% vs 2023
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 2024; 2024 is 133% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.02M
Fixed assets
€37k ▼ 21.4%
Current assets
€984k ▲ 260%
Equity and liabilities €1.02M
Equity
€100k ▲ 99.1%
Debt
€921k ▲ 240%
Debt's share of the balance-sheet total rises from 84.4% to 90.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€81k▲
2023 · €39k
Cash flow
€62k▲
2023 · €32k
Current ratio
1.09▼
2023 · 1.12
Quick ratio
1.03▲
2023 · 0.91
Debt to equity
9.22▲
2023 · 5.39
ROE
49.8%▲
2023 · 45.2%
ROA
4.9%▼
2023 · 7.1%
Interest coverage
16.49▼
2023 · 21.08
Debt ≤ 1 year
€905k▲
2023 · €245k
Debt > 1 year
€17k▼
2023 · €26k
Income taxes
€14k▲
2023 · €5k
Staff costs
€113k▲
2023 · €25k
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 · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€321k€1.02M▲
Fixed assets21/28€47k€37k▼
Tangible fixed assets22/27€47k€37k▼
Land and buildings22€4k€3k▼
Plant, machinery and equipment23€43k€34k▼
Current assets29/58€273k€984k▲
Stocks and contracts in progress3€51k€50k▼
Stocks30/36€51k€50k▼
Amounts receivable within one year40/41€164k€767k▲
Trade receivables40€164k€725k▲
Other amounts receivable41-€42k
Cash at bank and in hand54/58€53k€84k▲
Deferred charges and accrued income490/1€5k€83k▲
Equity and liabilities
Total equity and liabilities10/49€321k€1.02M▲
Equity10/15€50k€100k▲
Contributions10/11€30k€30k=
Reserves13€20k€70k▲
Distributable reserves133€20k€70k▲
Amounts payable17/49€271k€921k▲
Amounts payable after more than one year17€26k€17k▼
Financial debts170/4€26k€17k▼
Amounts payable within one year42/48€245k€905k▲
Current portion of amounts payable after more than one year42€10k€9k▼
Financial debts43-€250k
Credit institutions430/8-€250k
Trade debts44€159k€575k▲
Suppliers440/4€159k€575k▲
Taxes, remuneration and social security45€44k€40k▼
Taxes450/3€41k€19k▼
Remuneration and social security454/9€3k€21k▲
Other amounts payable47/48€32k€30k▼
Income statement
Code20232024
Remuneration, social security and pensions62€25k€113k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€13k▲
Other operating charges640/8€865€25k▲
Gross operating margin9900€65k€219k▲
Operating profit (loss)9901€29k€68k▲
Financial income75/76B€0€2▲
Recurring financial income75€0€2▲
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€28k€64k▲
Income taxes67/77€5k€14k▲
Profit (loss) for the period9904€23k€50k▲
Profit (loss) for the period to be appropriated9905€23k€50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€50k▲
Transfer to equity691/2€20k€50k▲
To other reserves6921€20k€50k▲
Profit to be distributed694/7€2k-
Return on contributions (dividend)694€2k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €25k | €113k | ▲ 350% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10k | €13k | ▲ 30.4% |
| Other operating charges640/8 | €865 | €25k | ▲ 2,761% |
| Gross operating margin9900 | €65k | €219k | ▲ 236% |
| Operating profit (loss)9901 | €29k | €68k | ▲ 133% |
| Financial income75/76B | €0 | €2 | ▲ 400% |
| Recurring financial income75 | €0 | €2 | ▲ 400% |
| Financial charges65/66B | €2k | €5k | ▲ 165% |
| Recurring financial charges65 | €2k | €5k | ▲ 165% |
| Profit (loss) for the period before taxes9903 | €28k | €64k | ▲ 131% |
| Income taxes67/77 | €5k | €14k | ▲ 183% |
| Profit (loss) for the period9904 | €23k | €50k | ▲ 119% |
| Profit (loss) for the period to be appropriated9905 | €23k | €50k | ▲ 119% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €321k | €1.02M | ▲ 218% |
| Fixed assets21/28 | €47k | €37k | ▼ 21.4% |
| Tangible fixed assets22/27 | €47k | €37k | ▼ 21.4% |
| Land and buildings22 | €4k | €3k | ▼ 20.7% |
| Plant, machinery and equipment23 | €43k | €34k | ▼ 21.5% |
| Current assets29/58 | €273k | €984k | ▲ 260% |
| Stocks and contracts in progress3 | €51k | €50k | ▼ 3.7% |
| Stocks30/36 | €51k | €50k | ▼ 3.7% |
| Amounts receivable within one year40/41 | €164k | €767k | ▲ 368% |
| Trade receivables40 | €164k | €725k | ▲ 342% |
| Other amounts receivable41 | - | €42k | - |
| Cash at bank and in hand54/58 | €53k | €84k | ▲ 56.7% |
| Deferred charges and accrued income490/1 | €5k | €83k | ▲ 1,729% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €321k | €1.02M | ▲ 218% |
| Equity10/15 | €50k | €100k | ▲ 99.1% |
| Contributions10/11 | €30k | €30k | = |
| Reserves13 | €20k | €70k | ▲ 247% |
| Distributable reserves133 | €20k | €70k | ▲ 247% |
| Amounts payable17/49 | €271k | €921k | ▲ 240% |
| Amounts payable after more than one year17 | €26k | €17k | ▼ 36.3% |
| Financial debts170/4 | €26k | €17k | ▼ 36.3% |
| Amounts payable within one year42/48 | €245k | €905k | ▲ 270% |
| Current portion of amounts payable after more than one year42 | €10k | €9k | ▼ 4.1% |
| Financial debts43 | - | €250k | - |
| Credit institutions430/8 | - | €250k | - |
| Trade debts44 | €159k | €575k | ▲ 262% |
| Suppliers440/4 | €159k | €575k | ▲ 262% |
| Taxes, remuneration and social security45 | €44k | €40k | ▼ 9.2% |
| Taxes450/3 | €41k | €19k | ▼ 54.1% |
| Remuneration and social security454/9 | €3k | €21k | ▲ 533% |
| Other amounts payable47/48 | €32k | €30k | ▼ 4.3% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €23k | €50k | ▲ 119% |
| + Depreciation and write-downs630 | €10k | €13k | ▲ 30.4% |
| Operating cash flow (approximation) | €32k | €62k | ▲ 92.9% |
| Investment in fixed assets (approximation) | - | €-2k | - |
| Change in cash | - | €30k | - |
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
2026
15-09
State Gazette act
Incorporation · Name clause
Registered office clause · Corporate purpose
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
State Gazette actNBB filing
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Vilvoorde · 1 establishment unit since 2022
Ground area
8.0 ha
Building footprint
3.4 ha
Volume, LiDAR
339,894 m³
2 parcels, Flanders · tallest building 27.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MEGACHARGE
since 20222.333.196.527
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23644I0371/00F003 | Flanders | 7.7 ha | 1 · 3.1 ha | 27.6 m · 3 fl. |
| 23643E0153/00K002 | Flanders | 2,545 m² | 1 · 2,630 m² | 8.0 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 489,417 EUR awarded · 188,004 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 460,857 EUR | 184,720 EUR |
| 2024 | 3 | 0 EUR | 3,284 EUR |
| 2023 | 1 | 20,000 EUR | 0 EUR |
| 2022 | 1 | 8,560 EUR | 0 EUR |
Schemes
Ontwikkelingsproject
Subsidie vergroening mobiliteit - omschakeling naar zero-emissie en alternatieve brandstoffen
Subsidies laadpalen (Relance)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,815 companies in sector 43211 we hold annual accounts for 10,325. 8,811 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
Founded16-06-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43240Other construction installation
77229Renting and leasing of other personal and household goods
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.