Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 1.4 to 0.8.
Financials
Financial year 2025
MECASEAT from Wevelgem, company number BE0434927412, closed financial year 2025 with a result of € -322,920 after tax. For that financial year MECASEAT recorded revenue of € 99,435 and equity of € 14.5 million. Compared with financial year 2024, the result moved from € -3.4 million to € -322,920. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 14.5 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -322,920
▲ 91 % less loss than in 2024
Profit after tax over the fiscal year.
€ 3.4 million
▲ 274% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 10.1 million.
People and assets in 2025
0.8
▼ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 132,568
▼ 19% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 51,342
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 30 days on average.
€ 28,929
▲ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 142,800 | € 130,650 | € 120,000 | € 99,435 | ▼ 17% |
| Profit after taxes | € 5,250,240 | € 199,896 | € -3,442,762 | € -322,920 | ▲ € 3.1 million |
| Equity | € 36,739,144 | € 21,939,040 | € 14,796,278 | € 14,473,358 | ▼ 2% |
| Total debts | € 15,770,734 | € 15,315,975 | € 4,046,293 | € 328,335 | ▼ 92% |
| Cash | € 7,056,050 | € 301,442 | € 902,611 | € 3,373,600 | ▲ 274% |
| Retained profit | € 32,319,304 | € 17,519,200 | € 10,376,438 | € 10,053,518 | ▼ 3% |
| Dividend | € 15,400,000 | € 15,000,000 | € 3,700,000 | € 0 | ▼ 100% |
| Balance sheet total | € 52,524,878 | € 37,270,015 | € 18,857,571 | € 14,816,693 | ▼ 21% |
| Employees (FTE) | 1.6 | 1.4 | 1.3 | 0.8 | ▼ 0.5 |
Key figures of MECASEAT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MECASEAT?
What happened at MECASEAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- LJB MANAGEMENT BV stepped down as director. NBB
- Souad Khalil stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 322,920. Source: NBB ↗
- LJB MANAGEMENT BV became a director. NBB
- Souad Khalil became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 5.3 million profit in 2022 to € 322,920 loss in 2025.
Paid € 4,896 in corporate taxes since 2022.
Best year ever: 2022, with € 5.3 million profit.
Paid out € 34.1 million in dividends to the owners in total.
Management
It owns 100% of Sedac-Mecobel, 100% of Société de Participation en Mobilier de Collectivités, 99.9% of S.N.Meral S.A. and 0% of Industria de Ferragens de Agueda SA itself.
Directors
According to the 2025 annual accounts
since 2025 · until 2028
Souad Khalil
Chairman of the board
since 2025 · until 2028
Establishments
Establishment units
Physical locations of this company
Vlamingstraat 7
8560 Wevelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
DNS
Cloudflare DNS
Domain
Domain
sedac-meral.com
Registered
1999-09-22
Registrar
NameWeb BVBA
Expires
2026-09-22
Website info
Features
Security
Details
- Company number
- 0434.927.412
- VAT number
- BE 0434.927.412
- Registered office
- Vlamingstraat 7, 8560 Wevelgem
- Names & denominations
- MECASEAT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 July 1988
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- sedac-meral.com
- Activities · NACE
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