MEKABIKE
ActiveSummary
MEKABIKE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €11,691 and a net result of €6,395. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 33% of 3542 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability82▼-11
Solvency45▲+7
Growth78=
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.7 against 0.95 in 2023; short-term debt: 42.5% and cash: 11.5% of total assets), and 80% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer bankruptcies
← 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
20%
Return on assets
10.9%
Age of the figures
21 mo
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 07-07-2025, 24 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
30 d early
2022
28 d late
2021
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average on the deadline day; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€11,691▲ 121%
2023 · €5,296
Total assets
€58,424▲ 48.5%
2023 · €39,332
Net result
€6,395▼ 17.4%
2023 · €7,740
Working capital
-€7,567▼ 734%
2023 · -€908
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, 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
Line2021202220232024
Operating result-€4,374-€140€9,310▲ 6,536%€9,513▲ 2.2%
Net result-€6,321below the sector's middle half--€1,123within the sector's middle half▲ 82.2%€7,740within the sector's middle half€6,395within the sector's middle half▼ 17.4%
Equity-€1,321below the sector's middle half--€2,444below the sector's middle half▼ 85.0%€5,296below the sector's middle half€11,691within the sector's middle half▲ 121%
Total assets€50,569below the sector's middle half-€35,547below the sector's middle half▼ 29.7%€39,332below the sector's middle half▲ 10.6%€58,424within the sector's middle half▲ 48.5%
Debt€51,890-€37,991▼ 26.8%€34,036▼ 10.4%€46,734▲ 37.3%
Working capital€8,129within the sector's middle half-€904within the sector's middle half▼ 88.9%-€908within the sector's middle half-€7,567within the sector's middle half▼ 734%
Solvency-2.6%below the sector's middle half--6.9%below the sector's middle half▼ 4.3pp13.5%within the sector's middle half▲ 20.3pp20.0%within the sector's middle half▲ 6.5pp
Current ratio1.43within the sector's middle half-1.06within the sector's middle half▼ 0.360.95within the sector's middle half▼ 0.110.70below the sector's middle half▼ 0.26
Return on assets (ROA)-12.5%below the sector's middle half--3.2%below the sector's middle half▲ 9.3pp19.7%above the sector's middle half▲ 22.8pp10.9%within the sector's middle half▼ 8.7pp
above
within
below
the middle half (P25 to P75) of NACE 95, Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 2% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €58,424
Fixed assets
€41,140 ▲ 95.5%
Current assets
€17,285 ▼ 5.5%
Equity and liabilities €58,424
Equity
€11,691 ▲ 121%
Debt
€46,734 ▲ 37.3%
Debt's share of the balance-sheet total falls from 86.5% to 80.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15,880▲
2023 · €12,845
Cash flow
€12,762▲
2023 · €11,276
Quick ratio
0.44▼
2023 · 0.64
Debt to equity
4.00▼
2023 · 6.43
ROE
54.7%▼
2023 · 146.1%
Interest coverage
9.32▼
2023 · 9.67
Debt ≤ 1 year
€24,851▲
2023 · €19,192
Debt > 1 year
€21,882▲
2023 · €14,844
Income taxes
€1,518▲
2023 · €344
Staff costs
€58▼
2023 · €188
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,713 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.8%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.3% 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 497,338 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% | 1.9% |
| 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 6,713 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 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €110 | - |
| Remuneration, social security and pensions62 | - | €3,019 | €188 | €58 | ▼ 68.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,010 | €2,972 | €3,535 | €6,367 | ▲ 80.1% |
| Other operating charges640/8 | €348 | €553 | €988 | €1,188 | ▲ 20.2% |
| Non-recurring operating charges66A | - | - | - | €225 | - |
| Gross operating margin9900 | -€1,017 | €6,684 | €14,022 | €17,352 | ▲ 23.8% |
| Operating profit (loss)9901 | -€4,374 | €140 | €9,310 | €9,513 | ▲ 2.2% |
| Financial income75/76B | - | €92 | €103 | €105 | ▲ 1.9% |
| Recurring financial income75 | - | €92 | €103 | €105 | ▲ 1.9% |
| Financial charges65/66B | €1,947 | €1,355 | €1,329 | €1,705 | ▲ 28.3% |
| Recurring financial charges65 | €1,947 | €1,355 | €1,329 | €1,705 | ▲ 28.3% |
| Profit (loss) for the period before taxes9903 | -€6,321 | -€1,123 | €8,084 | €7,913 | ▼ 2.1% |
| Income taxes67/77 | - | - | €344 | €1,518 | ▲ 342% |
| Profit (loss) for the period9904 | -€6,321 | -€1,123 | €7,740 | €6,395 | ▼ 17.4% |
| Profit (loss) for the period to be appropriated9905 | -€6,321 | -€1,123 | €7,740 | €6,395 | ▼ 17.4% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €50,569 | €35,547 | €39,332 | €58,424 | ▲ 48.5% |
| Fixed assets21/28 | €23,348 | €20,534 | €21,048 | €41,140 | ▲ 95.5% |
| Tangible fixed assets22/27 | €23,348 | €20,376 | €20,890 | €40,982 | ▲ 96.2% |
| Plant, machinery and equipment23 | €22,451 | €19,885 | €18,318 | €15,543 | ▼ 15.1% |
| Furniture and vehicles24 | €898 | €491 | €2,572 | €1,488 | ▼ 42.2% |
| Leasing and similar rights25 | - | - | - | €23,951 | - |
| Financial fixed assets28 | - | €158 | €158 | €158 | = |
| Current assets29/58 | €27,220 | €15,013 | €18,284 | €17,285 | ▼ 5.5% |
| Stocks and contracts in progress3 | €4,582 | €4,582 | €5,976 | €6,433 | ▲ 7.6% |
| Stocks30/36 | €4,582 | €4,582 | €5,976 | €6,433 | ▲ 7.6% |
| Amounts receivable within one year40/41 | €11,306 | €2,989 | €5,341 | €3,349 | ▼ 37.3% |
| Trade receivables40 | €11,306 | €2,170 | €5,341 | €2,666 | ▼ 50.1% |
| Other amounts receivable41 | - | €819 | - | €683 | - |
| Cash at bank and in hand54/58 | €11,333 | €7,190 | €6,405 | €6,744 | ▲ 5.3% |
| Deferred charges and accrued income490/1 | - | €251 | €562 | €759 | ▲ 35.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €50,569 | €35,547 | €39,332 | €58,424 | ▲ 48.5% |
| Equity10/15 | -€1,321 | -€2,444 | €5,296 | €11,691 | ▲ 121% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€6,321 | -€7,444 | €296 | €6,691 | ▲ 2,159% |
| Amounts payable17/49 | €51,890 | €37,991 | €34,036 | €46,734 | ▲ 37.3% |
| Amounts payable after more than one year17 | €32,799 | €23,883 | €14,844 | €21,882 | ▲ 47.4% |
| Financial debts170/4 | €32,799 | €23,883 | €14,844 | €21,882 | ▲ 47.4% |
| Amounts payable within one year42/48 | €19,091 | €14,109 | €19,192 | €24,851 | ▲ 29.5% |
| Current portion of amounts payable after more than one year42 | €8,796 | €8,916 | €9,789 | €13,736 | ▲ 40.3% |
| Trade debts44 | €8,813 | €218 | €3,323 | €4,218 | ▲ 26.9% |
| Suppliers440/4 | €8,813 | €218 | €3,323 | €4,218 | ▲ 26.9% |
| Taxes, remuneration and social security45 | €1,116 | €4,974 | €2,532 | €18 | ▼ 99.3% |
| Taxes450/3 | €1,116 | €3,474 | €1,032 | €18 | ▼ 98.2% |
| Remuneration and social security454/9 | - | €1,500 | €1,500 | - | - |
| Other amounts payable47/48 | €366 | - | €3,548 | €6,879 | ▲ 93.9% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,321 | -€1,123 | €7,740 | €6,395 | ▼ 17.4% |
| + Depreciation and write-downs630 | €3,010 | €2,972 | €3,535 | €6,367 | ▲ 80.1% |
| Operating cash flow (approximation) | -€3,311 | €1,849 | €11,276 | €12,762 | ▲ 13.2% |
| Investment in fixed assets (approximation) | - | -€158 | -€4,049 | -€26,459 | ▼ 554% |
| Change in cash | - | -€4,142 | -€785 | €339 | ▲ 143% |
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
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €7,740
Net result €7,740 after 2 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Tournai · 1 establishment unit since 2021
Ground area
555 m²
Building footprint
123 m²
Volume, LiDAR
949 m³
Parcel 57462A0009/00V000, Wallonia · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MEKABIKE
since 20212.312.207.806
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57462A0009/00V000 | Wallonia | 555 m² | 1 · 123 m² | 9.6 m · 3 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.
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Of 1,878 companies in sector 95314 we hold annual accounts for 848. 357 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
Founded22-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
95314Bodywork repair (including spraying and painting)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0761925991
Also
9925:BE0761925991
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.