Mevogra
ActiveMevogra has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.93M and a net result of €1.04M. Equity is growing by ~35.2% per year across the filed fiscal years. Its solvency ranks better than 80% of 273 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▲+8
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €360k at 30 days acceptable
Liquidity ample (current ratio 4.4 against 5.0 in 2024; short-term debt: 19.6% and cash: 37% of total assets), and 25.3% 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
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.7%
Return on assets
19.8%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
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 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
21 d early
2023
on the day
2022
13 d late
2021
on the day
2020
2 d early
2019
53 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 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.93M▲ 27.3%
2024 · €3.09M
2019: €396k
2020: €512k
2021: €1.02M
2022: €1.87M
2023: €2.53M
2024: €3.09M
2019 → 2025
Total assets
€5.26M▲ 29.0%
2024 · €4.07M
2019: €2.08M
2020: €2.08M
2021: €2.16M
2022: €2.70M
2023: €3.21M
2024: €4.07M
2019 → 2025
Net result
€1.04M▲ 89.0%
2024 · €551k
2019: €15k
2020: €116k
2021: €505k
2022: €858k
2023: €659k
2024: €551k
2019 → 2025
Working capital
€3.50M▲ 27.3%
2024 · €2.75M
2019: €696k
2020: €447k
2021: €973k
2022: €1.79M
2023: €2.25M
2024: €2.75M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.02M-€1.87M▲ 84.4%€2.53M▲ 35.2%€3.09M▲ 21.8%€3.93M▲ 27.3%
Operating result€691k-€1.16M▲ 67.1%€897k▼ 22.4%€723k▼ 19.5%€1.30M▲ 80.3%
Net result€505k-€858k▲ 70.1%€659k▼ 23.2%€551k▼ 16.3%€1.04M▲ 89.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 80% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.26M
Fixed assets
€724k▲ 14.4%
Current assets
€4.53M▲ 31.7%
Equity and liabilities €5.26M
Equity
€3.93M▲ 27.3%
Provisions
€300k=
Debt
€1.03M▲ 49.5%
The debt ratio rises from 16.9% to 19.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.43M▲
2024 · €865k
Cash flow
€1.16M▲
2024 · €693k
Solvency
74.7%▼
2024 · 75.7%
Current ratio
4.40▼
2024 · 5.00
Quick ratio
3.94▼
2024 · 4.31
Debt / equity
0.26▲
2024 · 0.22
ROE
26.5%▲
2024 · 17.9%
ROA
19.8%▲
2024 · 13.5%
Interest coverage
71.99▼
2024 · 266.30
Debt
€1.03M▲
2024 · €689k
Debt ≤ 1 year
€1.03M▲
2024 · €689k
Income taxes
€287k▲
2024 · €194k
Staff costs
€113k▼
2024 · €138k
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€4.07M€5.26M▲
Fixed assets21/28€633k€724k▲
Tangible fixed assets22/27€631k€722k▲
Land and buildings22€180k€166k▼
Plant, machinery and equipment23€26k€57k▲
Furniture and vehicles24€348k€373k▲
Other tangible fixed assets26€77k€127k▲
Financial fixed assets28€2k€2k▲
Current assets29/58€3.44M€4.53M▲
Stocks and contracts in progress3€476k€477k▲
Stocks30/36€476k€477k▲
Amounts receivable within one year40/41€641k€2.11M▲
Trade receivables40€586k€857k▲
Other amounts receivable41€55k€1.25M▲
Current investments50/53€1.50M€0▼
Cash at bank and in hand54/58€824k€1.95M▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€4.07M€5.26M▲
Equity10/15€3.09M€3.93M▲
Contributions10/11€62k€62k=
Reserves13€3.02M€3.87M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€34k€34k=
Distributable reserves133€2.99M€3.83M▲
Profit (loss) carried forward14-€0
Provisions and deferred taxes16€300k€300k=
Provisions for liabilities and charges160/5€289k€289k=
Environmental obligations163€289k€289k=
Deferred taxes168€11k€11k=
Amounts payable17/49€689k€1.03M▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€689k€1.03M▲
Current portion of amounts payable after more than one year42€746€0▼
Trade debts44€675k€328k▼
Suppliers440/4€675k€328k▼
Advances received on contracts in progress46-€473k
Taxes, remuneration and social security45€13k€28k▲
Taxes450/3€0€20k▲
Remuneration and social security454/9€13k€8k▼
Other amounts payable47/48€0€200k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€138k€113k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€142k€123k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-25k€2k▲
Other operating charges640/8€42k€14k▼
Non-recurring operating charges66A€116k€35k▼
Gross operating margin9900€1.14M€1.59M▲
Operating profit (loss)9901€723k€1.30M▲
Financial income75/76B€26k€46k▲
Recurring financial income75€26k€46k▲
Non-recurring financial income76B€0-
Financial charges65/66B€3k€20k▲
Recurring financial charges65€3k€20k▲
Profit (loss) for the period before taxes9903€746k€1.33M▲
Income taxes67/77€194k€287k▲
Profit (loss) for the period9904€551k€1.04M▲
Profit (loss) for the period to be appropriated9905€551k€1.04M▲
Appropriation of the result
Profit (loss) to be appropriated9906€551k€1.04M▲
Transfer to equity691/2€551k€842k▲
To other reserves6921€551k€842k▲
Profit to be distributed694/7-€200k
Directors or managers695-€200k
Social balance
Average headcount (FTE)90872.42.0▼
The notes to these accounts (21 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
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Highest result since 2019net €1.04M ▲89%
Operating result €1.30M, net result €1.04M, both a record.
10-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Equity above €2MEq €2.53M ▲35.2%
5 profitable years in a row build equity to €2.53M.
13-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 13 days late
2022
30-06
Financial
Liquidity doublescurrent ratio 4.62
Current ratio from 2.24 to 4.62; short-term debt falls from €783k to €494k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Equity above €1MEq €1.02M ▲98.5%
3 profitable years in a row build equity to €1.02M.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Equity above €500kEq €512k ▲29.3%
2 profitable years in a row build equity to €512k.
2019
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-01
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
8 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, Kalmthout · 1 establishment unit since 1971
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.
Brasschaatsteenweg (C) 1182920 KalmthoutGround area
2,006 m²
Building footprint
412 m²
Parcel 11662D0718/00Y000, Flanders. Linked by address, not a title deed.
1 establishment unit
Brasschaatsteenweg (C) 118, 2920 Kalmthout
since 19712.006.436.783
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11662D0718/00Y000 | Flanders | 2,006 m² | 1 · 412 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 9,000 EUR awarded · 9,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 9,000 EUR |
| 2023 | 1 | 9,000 EUR | 0 EUR |
Schemes
Subsidies voor internationaal ondernemen
Recognitions · licences · registrations
Legal Entity Identifier
894500V4GJ60GTSNZN08
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Of 37 companies in sector 16220 we hold annual accounts for 25. 11 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-07-1971
Fiscal year end30-06
Activities, NACEBEL
16220Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
46649Wholesale of other machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.