MEWICO
ActiveMEWICO has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €604k and a net result of €22k. Equity is growing by ~2.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-27
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 8.64 against 11.52 in 2024; short-term debt: 5.6% and cash: 17.6% of total assets), and 17.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
82.1%
Return on assets
3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
21 d late
2024
18 d late
2023
22 d late
2022
25 d early
2021
31 d early
2020
22 d early
2019
14 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€604k▲ 3.8%
2024 · €582k
2018: €497k
2019: €507k
2020: €531k
2021: €538k
2022: €551k
2023: €564k
2024: €582k
2018 → 2025
Total assets
€736k▲ 5.1%
2024 · €700k
2018: €884k
2019: €883k
2020: €753k
2021: €764k
2022: €776k
2023: €787k
2024: €700k
2018 → 2025
Net result
€22k▲ 20.6%
2024 · €18k
2018: €30k
2019: €10k
2020: €24k
2021: €7k
2022: €13k
2023: €13k
2024: €18k
2018 → 2025
Working capital
€316k▲ 7.8%
2024 · €293k
2018: €33k
2019: €83k
2020: €123k
2021: €328k
2022: €360k
2023: €392k
2024: €293k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€538k-€551k▲ 2.5%€564k▲ 2.3%€582k▲ 3.2%€604k▲ 3.8%
Operating result€9k-€18k▲ 102%€17k▼ 2.4%€24k▲ 40.1%€27k▲ 12.2%
Net result€7k-€13k▲ 91.1%€13k▼ 2.7%€18k▲ 42.5%€22k▲ 20.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 12% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €736k
Fixed assets
€378k▼ 0.2%
Current assets
€358k▲ 11.3%
Equity and liabilities €736k
Equity
€604k▲ 3.8%
Debt
€132k▲ 11.5%
The debt ratio rises from 16.9% to 17.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€50k▲
2024 · €46k
Cash flow
€45k▲
2024 · €40k
Solvency
82.1%▼
2024 · 83.1%
Current ratio
8.64▼
2024 · 11.52
Quick ratio
3.19▼
2024 · 3.43
Debt / equity
0.22▲
2024 · 0.20
ROE
3.6%▲
2024 · 3.1%
ROA
3.0%▲
2024 · 2.6%
Debt
€132k▲
2024 · €118k
Debt ≤ 1 year
€41k▲
2024 · €28k
Debt > 1 year
€90k=
2024 · €90k
Income taxes
€6k▼
2024 · €7k
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€700k€736k▲
Fixed assets21/28€379k€378k▼
Tangible fixed assets22/27€379k€378k▼
Land and buildings22€341k€325k▼
Plant, machinery and equipment23€38k€54k▲
Current assets29/58€321k€358k▲
Stocks and contracts in progress3€225k€225k=
Stocks30/36€225k€225k=
Cash at bank and in hand54/58€94k€129k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€700k€736k▲
Equity10/15€582k€604k▲
Contributions10/11€501k€501k=
Capital10€501k€501k=
Issued capital100€501k€501k=
Reserves13€31k€32k▲
Non-distributable reserves130/1€15k€17k▲
Legal reserve130€15k€17k▲
Tax-exempt reserves132€16k€16k=
Profit (loss) carried forward14€50k€71k▲
Amounts payable17/49€118k€132k▲
Amounts payable after more than one year17€90k€90k=
Financial debts170/4€90k€90k=
Amounts payable within one year42/48€28k€41k▲
Trade debts44€3k€18k▲
Suppliers440/4€3k€18k▲
Taxes, remuneration and social security45€12k€12k▲
Taxes450/3€12k€12k▲
Other amounts payable47/48€13k€11k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€23k▲
Other operating charges640/8€6k€5k▼
Gross operating margin9900€53k€56k▲
Operating profit (loss)9901€24k€27k▲
Financial income75/76B€681€134▼
Recurring financial income75€681€134▼
Financial charges65/66B€29-
Recurring financial charges65€29-
Profit (loss) for the period before taxes9903€25k€28k▲
Income taxes67/77€7k€6k▼
Profit (loss) for the period9904€18k€22k▲
Profit (loss) for the period to be appropriated9905€18k€22k▲
Appropriation of the result
Profit (loss) to be appropriated9906€51k€72k▲
Profit (loss) brought forward from the previous period14P€33k€50k▲
Transfer to equity691/2€914€1k▲
To the legal reserve6920€914€1k▲
The notes to these accounts (5 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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 21 days late
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-12
Financial
Weakest financial yearnet €7k ▼71.4%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
30-12
Financial
Liquidity times 11current ratio 17.43
Current ratio from 1.57 to 17.43; short-term debt falls from €216k to €20k.
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
30-12
Financial
Equity above €500kEq €507k ▲2.1%
2 profitable years in a row build equity to €507k.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
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
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
15-10-2024
De Rijck Ghislaine: Resigned as Managing director
15-10-2024
Meijsmans Willy: Resigned as Managing director
15-05-2023
DE RIJCK Ghislaine Nelly Marie: Resigned as Director
15-05-2023
MEIJSMANS Anneleen Madeleine Eugenie: Resigned as Director
15-05-2023
MEIJSMANS Nancy Alice Louis: Resigned as Director
15-05-2023
MEIJSMANS Willy Jean Antoine: Resigned as Director
Location & real-estate footprint
Registered office, Ternat · 1 establishment unit since 1994
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.
Bodegemstraat 1181740 TernatGround area
2,832 m²
Building footprint
252 m²
Volume, LiDAR
1,370 m³
2 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pullewouwe 99, 1730 Asse
since 19942.067.305.372
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23086D0208/00M002 | Flanders | 1,727 m² | 1 · 252 m² | 8.3 m · 2 fl. |
| 23002H0422/00B000 | Flanders | 1,105 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-12-1993
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 33 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.