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MEWE

Active
Private limited company (pre-2019)founded 200224 yrs activeNormandiëstraat 28, 1081 Koekelberg, BelgiumKBO/BCE: BE 0478.169.121
Summary

The computed 12-month bankruptcy probability of MEWE is 5.5% (elevated). The 2024 annual accounts show negative equity (-€59,246) and a net result of -€43,936. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€497total assets 2024
Equity
-€59,246
Loss
-€43,936
Turnover not published (abridged schema)
Financial health
34 Weak Checked score 2024
Bankruptcy chance 12 m
5.5%
Structure
Accounts 66 d overdue0 of 1 deed read
Why 34- 1 financial year not filed after the legal deadline; latest accounts 221 days late; 3 of the last 3 late- Loss of €43,936, the second in a row (FY 2024)+ Size: total assets €497+ Founded in 2002Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 11% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 0=
equity -11910.4% of total assets
Liquidity 50=
short-term debt 12010.4% · cash 100.0%
Profitability 0=
return on assets -8832.7%
Bankruptcy probability, 12 months
5.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 7.2% 12-2024: 7.2%● 0.0% vs 11-2024 01-2025: 7.2%● 0.0% vs 12-2024 02-2025: 7.2%● 0.0% vs 01-2025 03-2025: 3.1%▼ -56.8% vs 02-2025lowest value 04-2025: 3.2%▲ +1.6% vs 03-2025 05-2025: 3.2%● 0.0% vs 04-2025 06-2025: 3.3%▲ +2.8% vs 05-2025 07-2025: 3.4%▲ +3.4% vs 06-2025 08-2025: 3.8%▲ +12.2% vs 07-2025 09-2025: 3.9%▲ +2.6% vs 08-2025 10-2025: 4.4%▲ +12.4% vs 09-2025 11-2025: 4.5%▲ +2.4% vs 10-2025 12-2025: 5.7%▲ +28.4% vs 11-2025 01-2026: 8.9%▲ +55.7% vs 12-2025 02-2026: 8.9%● 0.0% vs 01-2026 03-2026: 9.0%▲ +0.5% vs 02-2026highest value 04-2026: 3.7%▼ -59.1% vs 03-2026 05-2026: 3.7%● 0.0% vs 04-2026 06-2026: 4.0%▲ +7.5% vs 05-2026 07-2026: 4.2%▲ +6.8% vs 06-2026 08-2026: 4.8%▲ +13.4% vs 07-2026 09-2026: 4.9%▲ +2.5% vs 08-2026 10-2026: 5.5%▲ +11.7% vs 09-2026
  • 1 financial year not filed after the legal deadline; latest accounts 221 days late; 3 of the last 3 late raises the probability
  • Size: total assets €497 lowers the probability for this profile
  • Founded in 2002 lowers the probability for this profile
  • Loss of €43,936, the second in a row (FY 2024) raises the probability
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 5%, liquidity 35%, profitability 4%, growth against the median 1%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 221 days late; 3 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
lowers risk · Size: total assets €497
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 2002
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Loss of €43,936, the second in a row (FY 2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
19222324
2019 to 2024 · latest year -€59,246
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-03-2026, 221 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
221 d late
2023
210 d late
2022
952 d late
2019
125 d late
2017
49 d late
2016
85 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 274 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2022 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€59,246 View
  • Risk: 3 loss-making years in a rowloss fiscal year 2024 -€43,936 View
  • Caution: Accounts not fileddeadline was 31-07-2026 66 d late View

By topic

Financials

Fiscal year
2024
Total assets
€497
Loss
-€43,936
Solvency
-11910.4%
Turnover▼ 80.4%
Net result
20192023
Go to Financials

Timeline

Events
11
Since
2012
  1. 09-03-2026Annual accounts filed
  2. 09-03-2026Annual accounts filed
  3. 26-02-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Founded
13-08-2002
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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