Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 3 fiscal years.
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Busy address KBO
60 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Mechanic Works from Antwerpen, company number BE0775765022, closed financial year 2024 with a result of € 39,974 after tax. For that financial year Mechanic Works recorded a gross margin of € 48,279 and equity of € -1,258. Compared with financial year 2023, the result moved from € -44,183 to € 39,974. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2025.
€ -1,258
▲ € 39,974 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 39,974
▲ still € 44,183 loss in 2023
Profit after tax over the fiscal year.
€ 3,898
▼ 30% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -1,458.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
€ 39,541
▼ 7% vs 2023
€ 42 is repaid this year. At this pace the long-term loan is gone in ≈ 213 years.
€ 11,667
▼ 76% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 15,446
▲ € 13,464 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 9,291 | € -35,014 | € 48,279 | ▲ € 83,293 |
| Profit after taxes | € 2,751 | € -44,183 | € 39,974 | ▲ € 84,157 |
| Equity | € 2,951 | € -41,232 | € -1,258 | ▲ € 39,974 |
| Total debts | € 86,801 | € 118,036 | € 105,827 | ▼ 10% |
| Cash | - | € 5,606 | € 3,898 | ▼ 30% |
| Retained profit | € 2,751 | € -41,432 | € -1,458 | ▲ € 39,974 |
| Bank debt | € 40,000 | € 42,673 | € 39,541 | ▼ 7% |
| Balance sheet total | € 89,752 | € 76,804 | € 104,569 | ▲ 36% |
Key figures of Mechanic Works, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Mechanic Works?
What happened at Mechanic Works in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 39,974. filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Stijn Verdonck became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,751 profit in 2022 to € 39,974 profit in 2024.
Paid € 796 in corporate taxes since 2022.
Best year ever: 2024, with € 39,974 profit.
A new publication or filing at Mechanic Works? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Mechanic Works is Stijn Verdonck.
Directors
According to the 2024 annual accounts
Stijn Verdonck
Administrator-manager
since 2021
Establishments
Establishment units
Physical locations of this company
Franklin Rooseveltplaats 12
2060 Antwerpen
Kruiningenstraat 17
2100 Antwerpen
Active since 14 October 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 60 companies are registered at this address.
All companies at this address →Standaard Uitgeverij
€ 32.5 million revenue · 2025
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€ 205,555 gross margin · 2024
OPEN PRODUCTS, NETWORKS & SOFTWARE
€ 976,904 gross margin · 2025
STEAM
FlowDynamic
+55 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0775.765.022
- VAT number
- BE 0775.765.022
- Registered office
- Franklin Rooseveltplaats 12, 2060 Antwerpen
- Names & denominations
- Mechanic Works
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 2021
- Peppol
- Active · Active since 14 Jul 2025
- Activities · NACE
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