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 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 4 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
MECREA from Wortegem-Petegem, company number BE0842068381, closed financial year 2024 with a result of € -126,011 after tax. For that financial year MECREA recorded a gross margin of € 127,992 and equity of € -493,539. Compared with financial year 2023, the result moved from € -2.2 million to € -126,011. The company made a loss. 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 October 31, 2025.
€ -493,539
▼ € 126,011 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -126,011
▲ 94 % less loss than in 2023
Profit after tax over the fiscal year.
€ 176,452
▲ 139% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.5 million.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
€ 149,785
▼ 5% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 3 million
Loans from banks and other lenders, long and short.
€ 4,029
▼ 82% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 16,382
▼ 66% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 207,179 | € 200,736 | € 434,328 | € 127,992 | ▼ 71% |
| Profit after taxes | € -41,851 | € 13,213 | € -2,170,549 | € -126,011 | ▲ € 2 million |
| Equity | € 1,789,808 | € 1,803,021 | € -367,528 | € -493,539 | ▼ € 126,011 |
| Total debts | € 8,600,976 | € 8,415,155 | € 7,937,882 | € 7,930,536 | |
| Cash | € 61,732 | € 270,368 | € 73,786 | € 176,452 | ▲ 139% |
| Land & buildings | € 3,786,620 | € 3,706,671 | € 3,610,793 | € 3,626,760 | |
| Retained profit | € -210,192 | € -196,979 | € -2,367,528 | € -2,493,539 | ▼ € 126,011 |
| Bank debt | € 3,000,000 | € 3,000,000 | € 3,000,000 | € 3,000,000 | |
| Balance sheet total | € 10,390,784 | € 10,218,176 | € 7,570,354 | € 7,436,997 | ▼ 2% |
Key figures of MECREA, fiscal years 2021 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 MECREA?
What happened at MECREA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 126,011. filed late Source: NBB ↗
- Lieselore Depaepe became a director. NBB
- New establishment in Wortegem-Petegem. KBO
- Start of the company according to the CBE. KBO
- Guy Vande Vyvere became a director. NBB
In short
From € 41,851 loss in 2021 to € 126,011 loss in 2024.
Paid € 31,424 in corporate taxes since 2021.
Best year ever: 2022, with € 13,213 profit.
A new publication or filing at MECREA? 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 MECREA are Guy Vande Vyvere and Lieselore Depaepe. It owns 60% of MOERMAN, 60% of VISION FUSED PRODUCTS, 60% of WARO, 40% of IMMO BRUSH and 34% of P.D.C. BRUSH itself.
Directors
According to the 2024 annual accounts
Guy Vande Vyvere
Director
Also active at: Vybros Real Estate, MOERMAN, DEMOTRA, AGRIMAT, BELFI, VYTECH MENEN, VYTECH DUFFEL, IMMAN L4 +28 more
since 2011
since 2012
Establishments
Establishment units
Physical locations of this company
Kasteelstraat (W.) 14
9790 Wortegem-Petegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0842.068.381
- VAT number
- BE 0842.068.381
- Registered office
- Kasteelstraat (W.) 14, 9790 Wortegem-Petegem
- Names & denominations
- MECREA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 December 2011
- Peppol
- Active · Active since 10 Oct 2025
- Activities · NACE
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