Financials
- Financial year
- 2024
- Total assets
- €7.4m
- Loss
- -€126,011
- Solvency
- -6.6%
Total assets▼ 1.8%
Net result
20182024
MECREA
ActiveSummary
MECREA has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€493,539) and a net result of -€126,011. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 8,093 sector peers (NACE 70, financial year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Activity
Business and other management consultancy
NACE 70200
7th largest company by total assets in Wortegem-Petegem, Professional and technical services sector1 site
Size
€7.4mtotal assets 2024
- Equity
- -€493,539
- Loss
- -€126,011
Turnover not published (abbreviated format)
Structure
- Holdings
- 5
2025 accounts not filed, 88 days past the deadline5 deeds in the Belgian Official Gazette
Why 52raises riskCapped at 59: negative equityLiquidity: current ratio 0.23, cash €176,452Figures for financial year 2024 (filed 04-11-2025)lowers riskSize: total assets €7.4mSector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
Score 2024
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 6% of its sector peers (NACE 70, small)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency
18-2
equity -6.6% of total assets
Liquidity
11+1
short-term debt 77.2% · cash 2.4%
Profitability
21+5
return on assets -1.7%
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.1%
12-2024: 1.1%● unchanged vs 11-2024
01-2025: 1.1%● unchanged vs 12-2024
02-2025: 1.1%● unchanged vs 01-2025
03-2025: 1.1%● unchanged vs 02-2025
04-2025: 1.2%▲ +0.1 percentage points vs 03-2025
05-2025: 1.1%▼ -0.1 percentage points vs 04-2025
06-2025: 1.2%▲ +0.1 percentage points vs 05-2025
07-2025: 1.3%▲ +0.1 percentage points vs 06-2025
08-2025: 1.4%▲ +0.1 percentage points vs 07-2025
09-2025: 1.4%● unchanged vs 08-2025
10-2025: 1.6%▲ +0.2 percentage points vs 09-2025highest value
11-2025: 1.6%● unchanged vs 10-2025
12-2025: 0.4%▼ -1.2 percentage points vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025lowest value
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.5%▲ +0.1 percentage points vs 04-2026
06-2026: 0.5%● unchanged vs 05-2026
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026
08-2026: 0.8%▲ +0.2 percentage points vs 07-2026
09-2026: 0.9%▲ +0.1 percentage points vs 08-2026
10-2026: 1.1%▲ +0.2 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.23, compared with 0.25 in 2023, below 1; short-term debt: 77.2% and cash: 2.4% of total assets), and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, small): better than 3% on solvency, 5% on liquidity, 10% on profitability and 7% on growth.
The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Seven signals.
lowers riskraises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€493,539
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 88 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline27-10-2026 today
raises risk · 2024 accounts filed 92 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
92 days late
2023
31 days late
2022
32 days late
2021
31 days late
2020
31 days late
2019
54 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 45 days after the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (1)
- General meeting · Director reappointmentGazette deed
- Annual accounts filedfinancial year 2024 · abbreviated…
- Annual accounts filedfinancial year 2023 · abbreviated…
Key points
- Risk: Negative equityfinancial year 2024: debts exceed assets -€493,539 View
- Positive: Result rose in 2024from -€2.2m to -€126,011 ▲ 94.2% View
- Caution: Among the weakest 5% on net resultsector median €45,732 · 8,094 companies -€126,011 View
- Caution: 2025 accounts not fileddeadline was 31-07-2026 88 days past the deadline View
- Caution: 2 loss-making years in a rowloss financial year 2024 -€126,011 View
- Heads a groupcompanies controlled 5 View
By topic
Network & group
- Subsidiaries, all levels
- 5
5 subsidiaries
Timeline
- Events
- 18
- Since
- 2013
- 31-12-2023Weakest financial year
- 21-12-2023General meeting · Director resignation
- 01-09-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Business and other management consultancyNACE 70200
- Founded
- 23-12-2011
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about MECREA
- What is the company number of MECREA?
- 0842.068.381. In Belgium the VAT number is the company number with BE in front: BE 0842.068.381.
- Where is MECREA based?
- The registered office is at Kasteelstraat (W.) 14, 9790 Wortegem-Petegem.Company details
- What does MECREA do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of MECREA?
- Private limited company (BV).
- When was MECREA founded?
- On 23-12-2011.
- Is MECREA still active?
- Yes, MECREA is an active enterprise in the KBO register.
- How many employees does MECREA have?
- On average 1 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of MECREA?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is MECREA profitable?
- In financial year 2024, MECREA made a loss of €126,011.
- Where can I find the annual accounts of MECREA?
- MECREA filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Companies related to MECREA
Subsidiaries and holdings
- MOERMAN60.02%
- VISION FUSED PRODUCTS60%
- WARO60%
- IMMO BRUSH40%
- P.D.C. BRUSH34%
Comparable companies
- ANRECOWortegem-Petegem
- ANTOON REYNVOETWortegem-Petegem
- AUXITASWortegem-Petegem
- B. Bekaert ConsultancyWortegem-Petegem
- BALTOWortegem-Petegem
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