Equity
€2.6m ▲ 37.7%
MEVACO PROJECTS has made a profit without a break since 2013.
MEVACO PROJECTS
Part of the group
9 companies
Lifetime
20 annual accounts with figures on one time axispeak €1.2m (2025)
€1.2m▲ 72.1%
lowest -€60,186 (2010)
€714,014▲ 76.1%
peak €2.6m (2025)
€2.6m▲ 37.7%
€7.9m▼ 15.2%
Board1 name since 2021
-
Owners
100%
Documentsfilings and deeds
22-07-20269 days before the deadline
2025abbreviated format
Gross margin from €722,714 to €1.2mResult from €405,400 to €714,014Equity from €1.9m to €2.6mDebts from €9.3m to €7.9mCash from €258,459 to €410,335
Key points
from the 2025 annual accountsResult
€714,014 ▲ 76.1%
The result rose in 2025 from €405,400 to €714,014.
Turnover
≈ €3.5m estimated
The abbreviated format states no turnover.
Debts
€7.9m 75% of the balance sheet
Financial debts 96%Suppliers 0%Taxes and wages 0%Other 3%
Of this, €200,214 falls due within a year.
Filings
20 annual accounts since 2006
The 2018 accounts came 6 days late. The other nine of the last ten were filed on time.
Position in the sector
€714,014
Higher net result than 95% of companies in specialised construction. Sector median €38,620 · 9,269 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 377 companies had the same profile as MEVACO PROJECTS has now. Each dot is one company, two years later.
97.3%
were still trading
2.4%
stopped another way
0.3%
went bankrupt
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 377 companies, not a prediction for MEVACO PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Board and ownership
last known boardDirector, until 2023
- 100%equity €11.3m (2025) · 2025 annual accounts of
Recent changes
Environmental permit granted
Bouwen of herbouwen · Gent
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0877324616
Change of role: , from manager to director
Director discharge: · General meeting of 22-11-2023 · Gazette deed
First establishment
Stationsstraat 41, Aalter
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MEVACO PROJECTS Aalter | €10.5m | €1.2m | 24.8% | - |
| Groupe Broers Old Perwez | €11.3m | €1.2m | 22.7% | 3.7 |
| FIERS REAL ESTATE Sint-Martens-Latem | €12.6m | €1.2m | 61.1% | - |
| DJNG PROJECTS Kasterlee | €10.4m | €1.9m | 42.2% | 7.7 |
| Bouwwerken De Ruyck Ninove | €8.5m | €2.3m | 19.8% | 26.5 |
| RESINIT Ghent | €7.9m | €1.9m | 73.5% | 8.9 |
| A.S. RENTING Zwalm | €7.7m | €2.6m | 49.0% | 7.1 |
These companies have the same main activity as MEVACO PROJECTS: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €7.7m and €13m, founded between 1995 and 2009.
Official details
Source: KBO- Status
- Active since 09-11-2005Normal situation
- Activity
- Other specialised construction activitiesNACE 43990
- Establishment unit
- 2.193.829.9949880 Aalter, since 07-12-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 24-09-2025
Annual accounts 2025
- €10.5m▼ 6.3%
- Filing
- Filed on 22-07-2026, 9 days before the end of the filing period
Insights on MEVACO PROJECTS
MEVACO PROJECTS files the abbreviated format. That format states no turnover. The gross margin rose from -€3,346 in 2006 to €1.2m in 2025.
holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MEVACO PROJECTS
- What is the company number of MEVACO PROJECTS?
- The company number of MEVACO PROJECTS is 0877.324.616. The VAT number is the same number with BE in front: BE 0877.324.616.
- Where is MEVACO PROJECTS based?
- The registered office is at Stationsstraat 41, 9880 Aalter.Company details
- What does MEVACO PROJECTS do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of MEVACO PROJECTS?
- MEVACO PROJECTS is a private limited company (BV).
- When was MEVACO PROJECTS founded?
- MEVACO PROJECTS was founded on 09-11-2005.
- Is MEVACO PROJECTS still active?
- Yes, MEVACO PROJECTS is an active enterprise in the KBO register.
- What is the turnover of MEVACO PROJECTS?
- The turnover in financial year 2025 is ≈ €3.5m. This figure is estimated from the gross margin of €1.2m and 67 comparable companies (NACE 43). It probably lies between €2.7m and €4.7m.Financials
- Is MEVACO PROJECTS profitable?
- In financial year 2025, MEVACO PROJECTS made a profit of €714,014.
- Where can I find the annual accounts of MEVACO PROJECTS?
- MEVACO PROJECTS filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MEVACO PROJECTS due?
- MEVACO PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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