MEL AUTO
ActiveSummary
The computed 12-month bankruptcy probability of MEL AUTO is 15.1% (high). For MEL AUTO, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €2,333 and a net result of -€2,931. Equity is shrinking by ~42.6% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2024. The company has been active since 2019 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability0=
Solvency41▼-16
Growth32=
Track record92
Bankruptcy probability, 12 months
15.1%
High
0%0.5%1.5%4%10%≥ 25%
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Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2023Solvency, return and age of the figures
Solvency
15.9%
Return on assets
-20%
Age of the figures
39 mo
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 · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filingsPosition against the passed deadline
30-06-2024 close31-01-2025 deadline28-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 19-12-2023, 43 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
43 d early
2022
47 d early
2021
64 d early
2020
75 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 57 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
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Financials · fiscal year 2023, micro schema
Equity
€2,333▼ 55.7%
2022 · €5,264
Total assets
€14,635▼ 10.5%
2022 · €16,353
Net result
-€2,931▲ 27.5%
2022 · -€4,045
Working capital
€2,133▼ 57.9%
2022 · €5,064
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2020202120222023
Operating result€10,198--€2,191-€3,988▼ 82.0%-€2,865▲ 28.2%
Net result€8,048--€2,240-€4,045▼ 80.6%-€2,931▲ 27.5%
Equity€11,548-€9,309▼ 19.4%€5,264▼ 43.4%€2,333▼ 55.7%
Total assets€41,892-€20,183▼ 51.8%€16,353▼ 19.0%€14,635▼ 10.5%
Debt€30,343-€10,875▼ 64.2%€11,089▲ 2.0%€12,302▲ 10.9%
Working capital€11,348-€9,109▼ 19.7%€5,064▼ 44.4%€2,133▼ 57.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2,865 in 2023 against €3,988 in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €14,635
Fixed assets
€200 =
Current assets
€14,435 ▼ 10.6%
Equity and liabilities €14,635
Equity
€2,333 ▼ 55.7%
Debt
€12,302 ▲ 10.9%
Debt's share of the balance-sheet total rises from 67.8% to 84.1%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.17▼
2022 · 1.46
Debt to equity
5.27▲
2022 · 2.11
ROE
-125.7%▼
2022 · -76.8%
ROA
-20.0%▲
2022 · -24.7%
Debt ≤ 1 year
€12,302▲
2022 · €11,089
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,096 | - | - | - | - |
| Gross operating margin9900 | €11,294 | -€2,191 | -€3,988 | -€2,865 | ▲ 28.2% |
| Operating profit (loss)9901 | €10,198 | -€2,191 | -€3,988 | -€2,865 | ▲ 28.2% |
| Financial charges65/66B | - | - | €57 | €67 | ▲ 17.0% |
| Recurring financial charges65 | €85 | €49 | €57 | €67 | ▲ 17.0% |
| Profit (loss) for the period before taxes9903 | €10,113 | -€2,240 | -€4,045 | -€2,931 | ▲ 27.5% |
| Income taxes67/77 | €2,065 | - | - | - | - |
| Profit (loss) for the period9904 | €8,048 | -€2,240 | -€4,045 | -€2,931 | ▲ 27.5% |
| Profit (loss) for the period to be appropriated9905 | €8,048 | -€2,240 | -€4,045 | -€2,931 | ▲ 27.5% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €41,892 | €20,183 | €16,353 | €14,635 | ▼ 10.5% |
| Fixed assets21/28 | €200 | €200 | €200 | €200 | = |
| Financial fixed assets28 | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €41,692 | €19,983 | €16,153 | €14,435 | ▼ 10.6% |
| Amounts receivable within one year40/41 | €41,595 | €17,949 | €15,249 | €13,593 | ▼ 10.9% |
| Trade receivables40 | - | - | €14,900 | €13,593 | ▼ 8.8% |
| Other amounts receivable41 | - | - | €349 | - | - |
| Cash at bank and in hand54/58 | €97 | €2,035 | €727 | €842 | ▲ 15.8% |
| Deferred charges and accrued income490/1 | - | - | €177 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €41,892 | €20,183 | €16,353 | €14,635 | ▼ 10.5% |
| Equity10/15 | €11,548 | €9,309 | €5,264 | €2,333 | ▼ 55.7% |
| Contributions10/11 | €3,500 | - | €3,500 | €3,500 | = |
| Profit (loss) carried forward14 | €8,048 | €5,809 | €1,764 | -€1,167 | ▼ 166% |
| Amounts payable17/49 | €30,343 | €10,875 | €11,089 | €12,302 | ▲ 10.9% |
| Amounts payable within one year42/48 | €30,343 | €10,875 | €11,089 | €12,302 | ▲ 10.9% |
| Trade debts44 | €16,045 | €54 | €268 | €1,432 | ▲ 434% |
| Suppliers440/4 | - | - | €268 | €1,432 | ▲ 434% |
| Other amounts payable47/48 | - | - | €10,821 | €10,871 | ▲ 0.5% |
| Line | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,048 | -€2,240 | -€4,045 | -€2,931 | ▲ 27.5% |
| + Depreciation and write-downs630 | €1,096 | - | - | - | - |
| Operating cash flow (approximation) | €9,145 | -€2,240 | -€4,045 | -€2,931 | ▲ 27.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - |
| Change in cash | - | €1,938 | -€1,308 | €115 | ▲ 109% |
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
10-06
KBO administration
Address struck
Louizalaan 54 1050 Die Sitzadresse Avenue Louise / Louizalaan
Bruxelles · event 26-05-2025
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Weakest financial yearnet -€4,045
Net result drops to -€4,045, the lowest in the series; recovery starts the following year.
2021
28-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
17-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalFinancial 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, Brussel
Ground area
1,625 m²
Building footprint
1,286 m²
Volume, LiDAR
34,999 m³
Parcel 21807G0001/00L000, Brussels · tallest building 33.9 m, ±9 floors. Linked by address, not a title deed.
376
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0001/00L000 | Brussels | 1,625 m² | 1 · 1,286 m² | 33.9 m · 9 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded05-07-2019
Fiscal year end30-06
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.