MEVISCO
ActiveSummary
MEVISCO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €23k and a net result of €-1k. Equity is shrinking by ~25.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 38% of 8093 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability31▼-67
Solvency66▲+26
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 0.94 in 2023; short-term debt: 58.8% and cash: 20.4% of total assets), and 58.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
41.2%
Return on assets
-2.1%
Age of the figures
21 mo
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 30-06-2025, 31 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
34 d early
2022
34 d early
2021
32 d early
2020
36 d early
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€23k▼ 8.4%
2023 · €25k
2018: €70k
2019: €130k
2020: €182k
2021: €109k
2022: €85k
2023: €25k
2018 → 2024
Total assets
€55k▼ 67.1%
2023 · €168k
2018: €95k
2019: €153k
2020: €202k
2021: €191k
2022: €156k
2023: €168k
2018 → 2024
Net result
€-1k
2023 · €39k
2018: €43k
2019: €60k
2020: €52k
2021: €67k
2022: €37k
2023: €39k
2018 → 2024
Working capital
€2k
2023 · €-9k
2018: €70k
2019: €129k
2020: €182k
2021: €105k
2022: €77k
2023: €-9k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€182k-€109k▼ 40.3%€85k▼ 21.3%€25k▼ 70.8%€23k▼ 8.4%
Operating result€70k-€87k▲ 23.9%€51k▼ 41.5%€59k▲ 16.2%€9k▼ 85.4%
Net result€52k-€67k▲ 27.7%€37k▼ 44.7%€39k▲ 7.2%€-1k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 85% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €55k
Fixed assets
€20k ▼ 39.5%
Current assets
€35k ▼ 74.0%
Equity and liabilities €55k
Equity
€23k ▼ 8.4%
Debt
€33k ▼ 77.3%
Debt's share of the balance-sheet total falls from 85.2% to 58.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€13k▼
2023 · €63k
Cash flow
€3k▼
2023 · €43k
Current ratio
1.08▲
2023 · 0.94
Debt to equity
1.43▼
2023 · 5.75
ROE
-5.2%▼
2023 · 158.3%
ROA
-2.1%▼
2023 · 23.5%
Interest coverage
1.74▼
2023 · 47.73
Debt ≤ 1 year
€33k▼
2023 · €143k
Income taxes
€2k▼
2023 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€168k€55k▼
Fixed assets21/28€34k€20k▼
Tangible fixed assets22/27€17k€12k▼
Plant, machinery and equipment23€12k€9k▼
Furniture and vehicles24€4k€3k▼
Financial fixed assets28€17k€8k▼
Current assets29/58€135k€35k▼
Amounts receivable within one year40/41€67k€24k▼
Trade receivables40€54k€16k▼
Other amounts receivable41€13k€8k▼
Cash at bank and in hand54/58€68k€11k▼
Equity and liabilities
Total equity and liabilities10/49€168k€55k▼
Equity10/15€25k€23k▼
Contributions10/11€19k€19k=
Reserves13€6k€4k▼
Distributable reserves133€6k€4k▼
Amounts payable17/49€143k€33k▼
Amounts payable within one year42/48€143k€33k▼
Trade debts44€12k€14k▲
Suppliers440/4€12k€14k▲
Taxes, remuneration and social security45€11k€12k▲
Taxes450/3€11k€10k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€120k€7k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€549€17k▲
Gross operating margin9900€63k€30k▼
Operating profit (loss)9901€59k€9k▼
Financial income75/76B-€82
Recurring financial income75-€82
Financial charges65/66B€1k€7k▲
Recurring financial charges65€1k€7k▲
Profit (loss) for the period before taxes9903€58k€1k▼
Income taxes67/77€18k€2k▼
Profit (loss) for the period9904€39k€-1k▼
Profit (loss) for the period to be appropriated9905€39k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€-1k▼
Transfer from equity791/2€61k€2k▼
Profit to be distributed694/7€100k€900▼
Return on contributions (dividend)694€100k€900▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-1k ▼103%
Net result drops to €-1k, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €67k ▲27.7%
Operating result €87k, net result €67k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €182k ▲40.1%
3 profitable years in a row build equity to €182k.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €130k ▲86.6%
2 profitable years in a row build equity to €130k.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Hasselt · 1 establishment unit since 2017
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.
Genkersteenweg 233500 HasseltGround area
886 m²
Building footprint
302 m²
Parcel 71323C1346/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
MEVISCO
since 20172.261.448.892
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C1346/00A000 | Flanders | 886 m² | 1 · 302 m² | - |
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.
Similar companies · same sector, comparable size
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CLADIX
BE 0476.206.256
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SALES SUPPORT TEAM
BE 0448.044.978
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 31,958 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-02-2017
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.