C-MEC SERVICES
Open bankruptcySummary
A bankruptcy procedure is open for C-MEC SERVICES according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-70k) and a net result of €287k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 12-10-2023, 73 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
not confirmed
2024
not filed
2023
not filed
2022
73 d late
2021
225 d late
2020
136 d late
2019
118 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Equity
€-70k▲ 80.3%
2021 · €-357k
2018: €1.26M
2019: €1.26M
2020: €1.19M
2021: €-357k
2018 → 2022
Total assets
€2.21M▲ 27.9%
2021 · €1.73M
2018: €1.26M
2019: €1.26M
2020: €3.04M
2021: €1.73M
2018 → 2022
Net result
€287k
2021 · €-443k
2018: €-2k
2019: €-2k
2020: €-68k
2021: €-443k
2018 → 2022
Working capital
€-118k▲ 71.4%
2021 · €-412k
2018: €1.26M
2019: €1.26M
2020: €1.18M
2021: €-412k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€1.26M-€1.26M▼ 0.2%€1.19M▼ 5.4%€-357k€-70k▲ 80.3%
Operating result€-1k-€-33k▼ 2,341%€-61k▼ 87.3%€-412k▼ 575%€376k
Net result€-2k-€-2k▼ 21.1%€-68k▼ 3,284%€-443k▼ 553%€287k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €376k after a loss of €412k in 2021, the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €2.21M
Fixed assets
€60k ▼ 17.3%
Current assets
€2.15M ▲ 29.8%
Key figures and ratios
EBITDA
€400k▲
2021 · €-400k
Cash flow
€311k▲
2021 · €-431k
Solvency
-3.2%▲
2021 · -20.6%
Current ratio
0.95▲
2021 · 0.80
Debt to equity
-32.42▼
2021 · -5.85
ROA
13.0%▲
2021 · -25.6%
Interest coverage
4.24▲
2021 · -6.08
Debt
€2.28M▲
2021 · €2.09M
Debt ≤ 1 year
€2.27M▲
2021 · €2.07M
Debt > 1 year
€12k▼
2021 · €17k
Income taxes
€5▼
2021 · €209
Staff costs
€73k▼
2021 · €150k
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 · 2022 against 2021 · 53 lines
Balance sheet
Code20212022
Assets
Total assets20/58€1.73M€2.21M▲
Fixed assets21/28€72k€60k▼
Intangible fixed assets21€24k€17k▼
Tangible fixed assets22/27€48k€43k▼
Furniture and vehicles24€22k€24k▲
Leasing and similar rights25€25k€19k▼
Current assets29/58€1.66M€2.15M▲
Amounts receivable after more than one year29€296k€142k▼
Other amounts receivable291€296k€142k▼
Amounts receivable within one year40/41€1.28M€1.99M▲
Trade receivables40€1.11M€1.49M▲
Other amounts receivable41€167k€499k▲
Cash at bank and in hand54/58€28k€3k▼
Deferred charges and accrued income490/1€59k€15k▼
Equity and liabilities
Total equity and liabilities10/49€1.73M€2.21M▲
Equity10/15€-357k€-70k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€117k€117k=
Non-distributable reserves130/1€117k€117k=
Legal reserve130€117k€117k=
Profit (loss) carried forward14€-535k€-248k▲
Amounts payable17/49€2.09M€2.28M▲
Amounts payable after more than one year17€17k€12k▼
Financial debts170/4€17k€12k▼
Amounts payable within one year42/48€2.07M€2.27M▲
Current portion of amounts payable after more than one year42€5k€5k▲
Trade debts44€1.56M€1.19M▼
Suppliers440/4€1.56M€1.19M▼
Taxes, remuneration and social security45€17k€28k▲
Taxes450/3€4k€15k▲
Remuneration and social security454/9€13k€13k▼
Other amounts payable47/48€491k€1.05M▲
Income statement
Code20212022
Non-recurring operating income76A-€464k
Remuneration, social security and pensions62€150k€73k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€24k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€194k
Other operating charges640/8€3k€5k▲
Non-recurring operating charges66A-€606k
Gross operating margin9900€-247k€1.28M▲
Operating profit (loss)9901€-412k€376k▲
Financial income75/76B€35k€5k▼
Recurring financial income75€35k€5k▼
Financial charges65/66B€66k€94k▲
Recurring financial charges65€66k€94k▲
Profit (loss) for the period before taxes9903€-443k€287k▲
Income taxes67/77€209€5▼
Profit (loss) for the period9904€-443k€287k▲
Profit (loss) for the period to be appropriated9905€-443k€287k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-535k€-248k▲
Profit (loss) brought forward from the previous period14P€-92k€-535k▼
Social balance
Average headcount (FTE)90872.41.2▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-08
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · C-MEC SERVICES NV RING- LAAN 17, 8500 KORTRIJK · event 07-08-2025
13-08
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · C-MEC SERVICES NV RING- LAAN 17, 8500 KORTRIJK · event 07-08-2025
2023
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 73 days late
13-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 225 days late
2022
31-12
Financial
Back to profitnet €287k
Net result €287k after 4 loss-making years.
2021
31-12
Financial
Weakest financial yearnet €-443k
Net result drops to €-443k, the lowest in the series.
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 136 days late
2020
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 118 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
06-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 37 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
24-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
20-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 20 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 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, Kortrijk · 1 establishment unit since 2001
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.
Ringlaan(Kor) 178500 KortrijkGround area
7.7 ha
Building footprint
2.9 ha
Volume, LiDAR
121,869 m³
2 parcels, Flanders · tallest building 13.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DEPREZ METAALWERKEN NV
since 20012.053.251.161
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352B0962/00W000 | Flanders | 4.9 ha | 1 · 1.5 ha | - |
| 34016B0669/00M000 | Flanders | 2.8 ha | 1 · 1.4 ha | 13.6 m · 3 fl. |
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.
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | Laurence MONTAGNE President Rooseveltplein 5 B2,
8500 KORTRIJK |
07-08-2025 → present |
| Curator | ELLEN DE GEETER DOORNIKSEWIJK 134, 8500 KORTRIJK- |
07-08-2025 → present |
| Curator | ELLEN
DE GEETER DOORNIKSEWIJK 134, 8500 KORTRIJK- |
07-08-2025 → present |
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Of 200 companies in sector 25220 we hold annual accounts for 175. 138 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 formPublic limited company
Founded20-04-1991
Fiscal year end31-12
Activities, NACEBEL 2025
25220Manufacture of fabricated metal products, except machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.