Skip to content

Mepacon

Active
Private limited company (pre-2019)founded 200719 yrs activeStenbaeten 21, 2330 Merksplas, BelgiumKBO/BCE: BE 0890.129.309
Summary

Mepacon has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For Mepacon, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €2,714 and a net result of -€3,073. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 514 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Filing: One filing cycle is missing
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 152 days later.
NBB · 10 filings
Position against the passed deadline
30-09-2025 close30-04-2026 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 04-03-2025, 57 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
57 d early
2023
8 d early
2022
11 d late
2021
40 d early
2020
3 d late
2019
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 15 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Mepacon was incorporated on 18 June 2007.1 Total assets fell from EUR 197,402 in 2018 to EUR 145,205 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€2,714▼ 53.1%
2023 · €5,787
Total assets
€145,205▼ 2.7%
2023 · €149,302
Net result
-€3,073
2023 · €2,781
Working capital
-€77,733▼ 4.1%
2023 · -€74,660
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, 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
Line20202021202220232024
Operating result-€27,009-€7,355▲ 72.8%€10,177€4,636▼ 54.4%-€414
Net result-€43,844below the sector's middle half▼ 12,541%-€18,804below the sector's middle half▲ 57.1%€8,807within the sector's middle half€2,781within the sector's middle half▼ 68.4%-€3,073below the sector's middle half
Equity€13,002below the sector's middle half▼ 77.1%-€5,801below the sector's middle half€3,005below the sector's middle half€5,787below the sector's middle half▲ 92.5%€2,714below the sector's middle half▼ 53.1%
Total assets€154,977within the sector's middle half▼ 16.3%€147,449within the sector's middle half▼ 4.9%€161,217within the sector's middle half▲ 9.3%€149,302within the sector's middle half▼ 7.4%€145,205within the sector's middle half▼ 2.7%
Debt€141,975▲ 10.6%€153,250▲ 7.9%€158,211▲ 3.2%€143,515▼ 9.3%€142,490▼ 0.7%
Working capital-€96,357below the sector's middle half▼ 50.6%-€113,213below the sector's middle half▼ 17.5%-€77,442below the sector's middle half▲ 31.6%-€74,660below the sector's middle half▲ 3.6%-€77,733below the sector's middle half▼ 4.1%
Solvency8.4%below the sector's middle half▼ 22.3pp-3.9%below the sector's middle half▼ 12.3pp1.9%below the sector's middle half▲ 5.8pp3.9%below the sector's middle half▲ 2.0pp1.9%below the sector's middle half▼ 2.0pp
Current ratio0.22below the sector's middle half▼ 0.200.16below the sector's middle half▼ 0.060.32below the sector's middle half▲ 0.160.24below the sector's middle half▼ 0.070.20below the sector's middle half▼ 0.04
Return on assets (ROA)-28.3%below the sector's middle half▼ 28.1pp-12.8%below the sector's middle half▲ 15.5pp5.5%within the sector's middle half▲ 18.2pp1.9%within the sector's middle half▼ 3.6pp-2.1%below the sector's middle half▼ 4.0pp
above within below the middle half (P25 to P75) of NACE 28, Manufacture of machinery and equipment not elsewhere classified, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0€20,000Operating result 2020: -€27,009-€27,009Net result 2020: -€43,844-€43,844Operating result 2021: -€7,355-€7,355Net result 2021: -€18,804-€18,804Operating result 2022: €10,177€10,177Net result 2022: €8,807€8,807Operating result 2023: €4,636€4,636Net result 2023: €2,781€2,781Operating result 2024: -€414-€414Net result 2024: -€3,073-€3,07320202021202220232024-€5,000€0€5,000€10,000Operating result 2022: €10,177€10,200Net result 2022: €8,807€8,810Operating result 2023: €4,636€4,640Net result 2023: €2,781€2,780Operating result 2024: -€414-€414Net result 2024: -€3,073-€3,070202220232024
The operating result turns negative in 2024: a loss of €414 after €4,636 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €145,205
Fixed assets €125,517 =
Current assets €19,688 ▼ 17.2%
Equity and liabilities €145,205
Equity €2,714 ▼ 53.1%
Debt €142,490 ▼ 0.7%
Debt's share of the balance-sheet total rises from 96.1% to 98.1%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
ROE
-113.2%▼
2023 · 48.1%
Debt ≤ 1 year
€97,420▼
2023 · €98,445
Debt > 1 year
€43,600=
2023 · €43,600
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58€149,302€145,205▼
Fixed assets21/28€125,517€125,517=
Financial fixed assets28€125,517€125,517=
Current assets29/58€23,785€19,688▼
Stocks and contracts in progress3€6,000€6,000=
Contracts in progress37€6,000€6,000=
Amounts receivable within one year40/41€15,989€12,971▼
Trade receivables40€15,989€12,971▼
Cash at bank and in hand54/58€1,433€716▼
Deferred charges and accrued income490/1€363-
Equity and liabilities
Total equity and liabilities10/49€149,302€145,205▼
Equity10/15€5,787€2,714▼
Contributions10/11€6,200€6,200=
Reserves13€3,106€3,106=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Tax-exempt reserves132€1,246€1,246=
Profit (loss) carried forward14-€3,519-€6,591▼
Amounts payable17/49€143,515€142,490▼
Amounts payable after more than one year17€43,600€43,600=
Financial debts170/4€43,600€43,600=
Amounts payable within one year42/48€98,445€97,420▼
Trade debts44€346€721▲
Suppliers440/4€346€721▲
Taxes, remuneration and social security45€1,201€1,710▲
Taxes450/3€1,201€1,710▲
Other amounts payable47/48€96,898€94,989▼
Accrued charges and deferred income492/3€1,470€1,470=
Income statement Code20232024
Other operating charges640/8€894€750▼
Gross operating margin9900€5,530€336▼
Operating profit (loss)9901€4,636-€414▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€1,855€2,659▲
Recurring financial charges65€1,855€2,659▲
Profit (loss) for the period before taxes9903€2,781-€3,073▼
Profit (loss) for the period9904€2,781-€3,073▼
Profit (loss) for the period to be appropriated9905€2,781-€3,073▼
Appropriation of the result
Profit (loss) to be appropriated9906-€3,519-€6,591▼
Profit (loss) brought forward from the previous period14P-€6,300-€3,519▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,540€1,542€900---
Other operating charges640/8--€318€894€750▼ 16.1%
Gross operating margin9900-€13,285-€5,094€11,396€5,530€336▼ 93.9%
Operating profit (loss)9901-€27,009-€7,355€10,177€4,636-€414▼ 109%
Financial income75/76B---€0--
Recurring financial income75---€0--
Financial charges65/66B--€1,371€1,855€2,659▲ 43.3%
Recurring financial charges65€1,359€1,529€1,371€1,855€2,659▲ 43.3%
Profit (loss) for the period before taxes9903-€28,368-€8,884€8,807€2,781-€3,073▼ 210%
Income taxes67/77€15,477€9,920----
Profit (loss) for the period9904-€43,844-€18,804€8,807€2,781-€3,073▼ 210%
Profit (loss) for the period to be appropriated9905-€43,844-€18,804€8,807€2,781-€3,073▼ 210%
Line20202021202220232024Change
Assets
Total assets20/58€154,977€147,449€161,217€149,302€145,205▼ 2.7%
Fixed assets21/28€127,959€126,417€125,517€125,517€125,517=
Tangible fixed assets22/27€2,442€900----
Financial fixed assets28€125,517€125,517€125,517€125,517€125,517=
Current assets29/58€27,018€21,032€35,700€23,785€19,688▼ 17.2%
Stocks and contracts in progress3€3,000€6,000€6,000€6,000€6,000=
Contracts in progress37--€6,000€6,000€6,000=
Amounts receivable within one year40/41€19,930€14,209€25,704€15,989€12,971▼ 18.9%
Trade receivables40--€25,704€15,989€12,971▼ 18.9%
Cash at bank and in hand54/58€4,088€185€3,633€1,433€716▼ 50.0%
Deferred charges and accrued income490/1--€363€363--
Equity and liabilities
Total equity and liabilities10/49€154,977€147,449€161,217€149,302€145,205▼ 2.7%
Equity10/15€13,002-€5,801€3,005€5,787€2,714▼ 53.1%
Contributions10/11--€6,200€6,200€6,200=
Reserves13€54,106€54,106€3,106€3,106€3,106=
Non-distributable reserves130/1--€1,860€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860€1,860=
Tax-exempt reserves132--€1,246€1,246€1,246=
Profit (loss) carried forward14-€47,303-€66,107-€6,300-€3,519-€6,591▼ 87.3%
Amounts payable17/49€141,975€153,250€158,211€143,515€142,490▼ 0.7%
Amounts payable after more than one year17€18,600€18,600€43,600€43,600€43,600=
Financial debts170/4--€43,600€43,600€43,600=
Amounts payable within one year42/48€123,375€134,245€113,141€98,445€97,420▼ 1.0%
Trade debts44€15,605€7,919€924€346€721▲ 108%
Suppliers440/4--€924€346€721▲ 108%
Taxes, remuneration and social security45--€3,228€1,201€1,710▲ 42.4%
Taxes450/3--€3,228€1,201€1,710▲ 42.4%
Other amounts payable47/48--€108,989€96,898€94,989▼ 2.0%
Accrued charges and deferred income492/3--€1,470€1,470€1,470=
Line20202021202220232024Change
Profit (loss) for the period9904-€43,844-€18,804€8,807€2,781-€3,073▼ 210%
+ Depreciation and write-downs630€6,540€1,542€900---
Operating cash flow (approximation)-€37,305-€17,262€9,707€2,781-€3,073▼ 210%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€3,903€3,448-€2,200-€716▲ 67.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
04-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
22-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
11-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
30-09
Financial Back to profitnet €8,807
Net result €8,807 after 3 loss-making years.
21-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
03-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
30-09
Financial Weakest financial yearnet -€43,844
Net result drops to -€43,844, the lowest in the series; recovery starts the following year.
29-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-03
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-03
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-04
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Merksplas · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
768 m²
Building footprint
169 m²
Volume, LiDAR
906 m³
Parcel 13023I0599/00V000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
MEPACON
Stenbaeten 21, 2330 MerksplasNACE 29410
since 20072.165.131.159
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13023I0599/00V000 Flanders 768 m² 1 · 169 m² 8.0 m · 2 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 (pre-2019)
Founded18-06-2007
Fiscal year end30-09
Activities, NACEBEL 2025
28240Manufacture of machinery and equipment not elsewhere classified
28299Manufacture of machinery and equipment not elsewhere classified
28410Manufacture of machinery and equipment not elsewhere classified
64210Activities of holding companies
68110Buying and selling of own real estate
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0890129309
Also 9925:BE0890129309
Registered 30-01-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.