MEK
ActiveMEK has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €15k and a net result of €-3k. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 81% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability3▼-18
Solvency99▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 3.91 against 3.71 in 2023; short-term debt: 25.6% and cash: 23.9% of total assets), and 25.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
74.4%
Return on assets
-13.8%
Age of the figures
21 mo
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
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 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
40 d early
2022
34 d early
2021
35 d early
2020
33 d early
2019
18 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€15k▼ 15.6%
2023 · €17k
2018: €21k
2019: €20k
2020: €20k
2021: €17k
2022: €19k
2023: €17k
2018 → 2024
Total assets
€20k▼ 17.2%
2023 · €24k
2018: €49k
2019: €28k
2020: €20k
2021: €17k
2022: €45k
2023: €24k
2018 → 2024
Net result
€-3k▼ 68.5%
2023 · €-2k
2018: €18k
2019: €5k
2020: €-372
2021: €-3k
2022: €2k
2023: €-2k
2018 → 2024
Working capital
€15k▼ 15.6%
2023 · €17k
2018: €18k
2019: €19k
2022: €19k
2023: €17k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€20k-€17k▼ 16.9%€19k▲ 12.8%€17k▼ 8.5%€15k▼ 15.6%
Operating result€-437-€-3k▼ 659%€3k€-2k€-3k▼ 32.3%
Net result€-372-€-3k▼ 814%€2k€-2k€-3k▼ 68.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2024 against €2k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €20k
Equity
€15k▼ 15.6%
Debt
€5k▼ 21.3%
The debt ratio falls from 26.9% to 25.6%. Equity and debt are lower.
Key figures and ratios
Solvency
74.4%▲
2023 · 73.1%
Current ratio
3.91▲
2023 · 3.71
Quick ratio
3.91▲
2023 · 3.71
Debt / equity
0.34▼
2023 · 0.37
ROE
-18.5%▼
2023 · -9.3%
ROA
-13.8%▼
2023 · -6.8%
Debt
€5k▼
2023 · €6k
Debt ≤ 1 year
€5k▼
2023 · €6k
Income taxes
€7▲
2023 · €-453
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€24k€20k▼
Current assets29/58€24k€20k▼
Amounts receivable within one year40/41€12k€11k▼
Trade receivables40€1k-
Other amounts receivable41€10k€11k▲
Current investments50/53-€4k
Cash at bank and in hand54/58€12k€5k▼
Equity and liabilities
Total equity and liabilities10/49€24k€20k▼
Equity10/15€17k€15k▼
Contributions10/11€20k€20k=
Profit (loss) carried forward14€-3k€-6k▼
Amounts payable17/49€6k€5k▼
Amounts payable within one year42/48€6k€5k▼
Other amounts payable47/48€6k€5k▼
Income statement
Code20232024
Other operating charges640/8€531€459▼
Gross operating margin9900€-1k€-2k▼
Operating profit (loss)9901€-2k€-3k▼
Financial income75/76B€14€24▲
Recurring financial income75€14€24▲
Financial charges65/66B€92€99▲
Recurring financial charges65€92€99▲
Profit (loss) for the period before taxes9903€-2k€-3k▼
Income taxes67/77€-453€7▲
Profit (loss) for the period9904€-2k€-3k▼
Profit (loss) for the period to be appropriated9905€-2k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-6k▼
Profit (loss) brought forward from the previous period14P€-2k€-3k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity doublescurrent ratio 3.71
Current ratio from 1.71 to 3.71; short-term debt falls from €27k to €6k.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
26-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 18 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 3.50
Current ratio from 1.66 to 3.50; short-term debt falls from €28k to €8k.
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 19 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Lummen · 1 establishment unit since 2004
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.
Sint-Trudostraat 313560 LummenGround area
1,309 m²
Building footprint
123 m²
Parcel 71035A0495/00K000, Flanders. Linked by address, not a title deed.
1 establishment unit
MEK
since 20042.139.667.768
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71035A0495/00K000 | Flanders | 1,309 m² | 1 · 122 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.
Similar companies · same sector, comparable size
PHICONIMMO
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BE 1031.276.383
Dinant · Eq €15k
Seppe Boeckx
BE 1009.188.988
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VONYX
BE 0878.910.268
Jemeppe-sur-Sambre · Eq €15k
M.D.B. Construct
BE 0649.618.304
Ninove · Eq €15k
Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 3,609 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-08-2004
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
41001General construction of residential buildings
68122Development of non-residential building projects
43240Other construction installation
43299Specialised construction activities
68203Renting and operating of own or leased non-residential real estate, excluding land
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.