MEVAC
ActiveMEVAC has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €590k and a net result of €-58k. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 87% of 7744 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability9▼-60
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 4.35 against 3.8 in 2024; short-term debt: 20.1% and cash: 19.8% of total assets), and 20.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
on the day
2021
on the day
2020
1 d early
2019
4 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€590k▼ 8.9%
2024 · €648k
2019: €502k
2020: €515k
2021: €695k
2022: €622k
2023: €647k
2024: €648k
2019 → 2025
Total assets
€745k▼ 11.9%
2024 · €846k
2019: €890k
2020: €917k
2021: €1.14M
2022: €811k
2023: €835k
2024: €846k
2019 → 2025
Net result
€-58k
2024 · €1k
2019: €69k
2020: €63k
2021: €180k
2022: €80k
2023: €24k
2024: €1k
2019 → 2025
Working capital
€501k▼ 10.0%
2024 · €557k
2019: €510k
2020: €554k
2021: €568k
2022: €575k
2023: €556k
2024: €557k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€695k-€622k▼ 10.5%€647k▲ 3.9%€648k▲ 0.2%€590k▼ 8.9%
Operating result€244k-€112k▼ 54.2%€35k▼ 68.9%€10k▼ 71.5%€-56k
Net result€180k-€80k▼ 55.5%€24k▼ 69.7%€1k▼ 95.3%€-58k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €56k after €10k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €745k
Fixed assets
€95k▲ 4.2%
Current assets
€651k▼ 13.9%
Equity and liabilities €745k
Equity
€590k▼ 8.9%
Debt
€155k▼ 21.8%
The debt ratio falls from 23.5% to 20.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-32k▼
2024 · €32k
Cash flow
€-33k▼
2024 · €23k
Solvency
79.2%▲
2024 · 76.5%
Current ratio
4.35▲
2024 · 3.80
Quick ratio
3.04▲
2024 · 3.00
Debt / equity
0.26▼
2024 · 0.31
ROE
-9.8%▼
2024 · 0.2%
ROA
-7.7%▼
2024 · 0.1%
Interest coverage
-16.92▼
2024 · 9.22
Debt
€155k▼
2024 · €199k
Debt ≤ 1 year
€150k▼
2024 · €199k
Income taxes
€462▼
2024 · €7k
Staff costs
€395k▲
2024 · €389k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€846k€745k▼
Fixed assets21/28€91k€95k▲
Tangible fixed assets22/27€91k€95k▲
Land and buildings22€19k€32k▲
Plant, machinery and equipment23€61k€57k▼
Furniture and vehicles24€11k€5k▼
Current assets29/58€756k€651k▼
Stocks and contracts in progress3€160k€196k▲
Stocks30/36€80k€92k▲
Contracts in progress37€80k€104k▲
Amounts receivable within one year40/41€373k€306k▼
Trade receivables40€182k€129k▼
Other amounts receivable41€191k€177k▼
Cash at bank and in hand54/58€185k€148k▼
Deferred charges and accrued income490/1€38k€907▼
Equity and liabilities
Total equity and liabilities10/49€846k€745k▼
Equity10/15€648k€590k▼
Contributions10/11€65k€65k=
Capital10€65k€65k=
Issued capital100€65k€65k=
Reserves13€583k€583k=
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Distributable reserves133€576k€576k=
Profit (loss) carried forward14-€-58k
Amounts payable17/49€199k€155k▼
Amounts payable within one year42/48€199k€150k▼
Trade debts44€160k€102k▼
Suppliers440/4€160k€102k▼
Taxes, remuneration and social security45€28k€33k▲
Taxes450/3€2k€9k▲
Remuneration and social security454/9€26k€24k▼
Other amounts payable47/48€12k€14k▲
Accrued charges and deferred income492/3-€6k
Income statement
Code20242025
Remuneration, social security and pensions62€389k€395k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€25k▲
Other operating charges640/8€17k€2k▼
Gross operating margin9900€437k€365k▼
Operating profit (loss)9901€10k€-56k▼
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€8k€-57k▼
Income taxes67/77€7k€462▼
Profit (loss) for the period9904€1k€-58k▼
Profit (loss) for the period to be appropriated9905€1k€-58k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€-58k▼
Transfer to equity691/2€1k-
To other reserves6921€1k-
Social balance
Average headcount (FTE)90877.25.9▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €-58k ▼5162%
Net result drops to €-58k, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Highest result since 2019net €180k ▲184%
Operating result €244k, net result €180k, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
03-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Herselt · 1 establishment unit since 1996
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.
Aarschotsesteenweg(RAM) 2002230 HerseltGround area
1,053 m²
Building footprint
137 m²
Volume, LiDAR
909 m³
Parcel 13034G0855/00A002, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MEVAC NV
since 19962.042.793.571
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13034G0855/00A002 | Flanders | 1,053 m² | 1 · 137 m² | 11.2 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 3,315 EUR awarded · 3,315 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 3,315 EUR | 3,315 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
2 endedSimilar companies · same sector, comparable size
WOONIDEE PAUL & ZOON
BE 0877.017.679
Sint-Niklaas · Eq €590k
BRAVA
BE 0825.737.442
Heusden-Zolder · Eq €590k
VANDER EECKT LANDER
BE 0647.966.136
Halle · Eq €589k
DERAM BELGIUM
BE 0825.322.916
Temse · Eq €591k
Bontinck
BE 0807.579.537
Lokeren · Eq €591k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 5,610 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-03-1989
Fiscal year end30-06
Activities, NACEBEL
43240Other construction installation
43320Joinery installation
45250
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.