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MEPY

Active
Public limited companyfounded 199234 years activeSteenweg 243, 3621 Lanaken, BelgiumKBO/BCE: BE 0447.918.779
Summary

The annual accounts of MEPY for fiscal year 2024 show a net loss of 136% of the equity at the start of that year. The 2024 annual accounts show equity of €978,200 and a net result of -€81,919. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 50% of 9,735 sector peers (NACE 68, fiscal year 2024). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
€3.2mtotal assets 2024
Equity
€978,200
Loss
-€81,919
Turnover not published (abridged schema)
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
Immo-Casa · 99.95%
Accounts 69 days overdue0 of 6 deeds read
Why 56Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Figures for FY 2024 (filed 16-07-2025)+ Founded in 1992+ Sector Real estate activities (NACE 68)+ Size: total assets €3.2mShow the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 62% of its sector peers (NACE 68, small)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Average
Solvency 56+28
equity 30.9% of total assets
Liquidity 61+5
short-term debt 29.5% · cash 18.9%
Profitability 17+4
return on assets -2.6%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,962 companies)
Last 24 months 11-2024: 1.4% 12-2024: 1.8%▲ +0.4 percentage points vs 11-2024 01-2025: 3.4%▲ +1.6 percentage points vs 12-2024 02-2025: 3.4%● unchanged vs 01-2025 03-2025: 3.5%▲ +0.1 percentage points vs 02-2025highest value 04-2025: 3.1%▼ -0.4 percentage points vs 03-2025 05-2025: 3.1%● unchanged vs 04-2025 06-2025: 3.1%● unchanged vs 05-2025 07-2025: 3.1%● unchanged vs 06-2025 08-2025: 0.1%▼ -3.0 percentage points vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit up to €50,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.13 against 2.04 in 2023; short-term debt: 29.5% and cash: 18.9% of total assets), but 69.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 51% on solvency, 88% on liquidity, 10% on profitability and 99% on growth.

The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 16-07-2025)
NBB · annual accounts
lowers risk · Founded in 1992
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Sector Real estate activities (NACE 68)
KBO
lowers risk · Size: total assets €3.2m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
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 16-07-2025, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
15 days early
2023
350 days late
2022
271 days late
2021
31 days late
2020
175 days late
2019
108 days late
← 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 153 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Annual accounts filedfiscal year 2023 · abbreviated…
  3. Equity above €500,000Eq €978,200 ▲1,527%

Key points

  • Risk: 3 loss-making years in a rowloss fiscal year 2024 -€81,919 View
  • Positive: Equity rose in 2024from €60,119 to €978,200 ▲ 1,527% View
  • Caution: Among the weakest 15% on net resultsector median €13,290 · 9,730 companies -€81,919 View
  • Caution: Accounts not fileddeadline was 31-07-2026 69 days late View
  • Controlled by Immo-Casa 99.95% View

By topic

Financials

Fiscal year
2024
Total assets
€3.2m
Loss
-€81,919
Solvency
30.9%
Total assets▲ 42.4%
Net result
20182024
Go to Financials

Timeline

Events
16
Since
2016
  1. 27-04-2024Annual accounts filed
  2. 31-12-2023Weakest financial year
  3. 31-12-2023Liquidity doubles
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Development of residential building projectsNACE 68121
Founded
15-07-1992
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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