MEA BALANCEERTECHNIEKEN
ActiveThe annual accounts of MEA BALANCEERTECHNIEKEN for fiscal year 2024 show a net loss of 92% of total assets and of 65% of the equity at the start of that year. The 2024 annual accounts show equity of €88k and a net result of €-161k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 65% of 482 sector peers (fiscal year 2024). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (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
Profitability0=
Solvency76▼-24
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.99 against 3.99 in 2023; short-term debt: 37.3% and cash: 56% of total assets), and 49.4% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← 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
50.6%
Return on assets
-92.4%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-161k
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 04-07-2025, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
44 d early
2022
45 d early
2021
66 d early
2020
75 d early
2019
44 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€88k▼ 64.6%
2023 · €250k
2018: €279k
2019: €308k
2020: €322k
2021: €359k
2022: €366k
2023: €250k
2018 → 2024
Total assets
€175k▼ 46.1%
2023 · €324k
2018: €508k
2019: €548k
2020: €618k
2021: €605k
2022: €567k
2023: €324k
2018 → 2024
Net result
€-161k▼ 38.7%
2023 · €-116k
2018: €16k
2019: €29k
2020: €38k
2021: €37k
2022: €7k
2023: €-116k
2018 → 2024
Working capital
€64k▼ 70.1%
2023 · €215k
2018: €189k
2019: €204k
2020: €197k
2021: €272k
2022: €314k
2023: €215k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€322k-€359k▲ 11.6%€366k▲ 2.0%€250k▼ 31.8%€88k▼ 64.6%
Operating result€21k-€58k▲ 174%€15k▼ 74.7%€-115k€-160k▼ 39.8%
Net result€38k-€37k▼ 1.8%€7k▼ 80.9%€-116k€-161k▼ 38.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €160k in 2024 against €115k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €175k
Fixed assets
€45k▲ 22.7%
Current assets
€130k▼ 54.9%
Equity and liabilities €175k
Equity
€88k▼ 64.6%
Debt
€86k▲ 16.2%
The debt ratio rises from 22.9% to 49.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-133k▼
2023 · €-81k
Cash flow
€-134k▼
2023 · €-83k
Solvency
50.6%▼
2023 · 77.1%
Current ratio
1.99▼
2023 · 3.99
Quick ratio
1.99▼
2023 · 3.99
Debt / equity
0.98▲
2023 · 0.30
ROE
-182.5%▼
2023 · -46.6%
ROA
-92.4%▼
2023 · -35.9%
Interest coverage
-106.45▼
2023 · -55.15
Debt
€86k▲
2023 · €74k
Debt ≤ 1 year
€65k▼
2023 · €72k
Debt > 1 year
€21k▲
2023 · €2k
Income taxes
€295▼
2023 · €309
Staff costs
€64k▲
2023 · €40k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€324k€175k▼
Fixed assets21/28€37k€45k▲
Intangible fixed assets21€15k€8k▼
Tangible fixed assets22/27€21k€37k▲
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24€17k€6k▼
Leasing and similar rights25-€27k
Current assets29/58€287k€130k▼
Amounts receivable within one year40/41€44k€26k▼
Trade receivables40€31k€25k▼
Other amounts receivable41€13k€2k▼
Cash at bank and in hand54/58€243k€98k▼
Deferred charges and accrued income490/1€0€5k▲
Equity and liabilities
Total equity and liabilities10/49€324k€175k▼
Equity10/15€250k€88k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€188k€26k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€182k€20k▼
Amounts payable17/49€74k€86k▲
Amounts payable after more than one year17€2k€21k▲
Financial debts170/4€2k€21k▲
Amounts payable within one year42/48€72k€65k▼
Current portion of amounts payable after more than one year42€8k€8k▼
Trade debts44€47k€26k▼
Suppliers440/4€47k€26k▼
Taxes, remuneration and social security45€8k€21k▲
Taxes450/3€6k€7k▲
Remuneration and social security454/9€2k€14k▲
Other amounts payable47/48€9k€10k▲
Accrued charges and deferred income492/3€56€21▼
Income statement
Code20232024
Non-recurring operating income76A€5k€3k▼
Remuneration, social security and pensions62€40k€64k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€27k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€-40k€-67k▼
Operating profit (loss)9901€-115k€-160k▼
Financial income75/76B€0€325▲
Recurring financial income75€0€325▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-116k€-161k▼
Income taxes67/77€309€295▼
Profit (loss) for the period9904€-116k€-161k▼
Profit (loss) for the period to be appropriated9905€-116k€-161k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-116k€-161k▼
Transfer from equity791/2€116k€161k▲
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)90870.00.7▲
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-161k
Net result drops to €-161k, the lowest in the series.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
17-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €38k ▲30.9%
Net result €38k, the highest in the series.
17-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
01-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
02-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Evergem · 1 establishment unit since 1990
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.
Delori-Maeslaan 159940 EvergemGround area
5,007 m²
Building footprint
2,492 m²
Volume, LiDAR
2 m³
Parcel 44019A1786/00A000, Flanders · tallest building 0.2 m. Linked by address, not a title deed.
1 establishment unit
M.E.A. BALANCEERTECHNIEKEN
since 19902.049.901.592
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44019A1786/00A000 | Flanders | 5,007 m² | 1 · 2,492 m² | 0.2 m |
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
2024 · 1 entry · 3,750 EUR awarded · 3,750 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 3,750 EUR | 3,750 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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JM Mechanisatie
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MARCQ BAPTISTE
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Of 3,713 companies in sector 33120 we hold annual accounts for 1,342. 1,115 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-09-1990
Fiscal year end31-12
Activities, NACEBEL
33120Repair and maintenance of machinery
46643Wholesale of electrical equipment, including installation materials
Sources
Crossroads Bank for EnterprisesNational Bank · 34 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.