ACTIVE

MEVACO PROJECTS

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Financial year 2025 · closed on 31/12/2025

Net result

714 k €

+76.1% YoY

Gross margin

1,2 M €

+72.1% YoY

Equity

2,6 M €

+37.7% YoY

What does MEVACO PROJECTS do?

MEVACO PROJECTS is a Private limited company incorporated in 2005. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Aalter.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0877.324.616

Incorporation

09/11/2005

Legal form

Private limited company

Registered office

Stationsstraat 41
9880 Aalter · FlandreSee on map

Contributed capital

33 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

43990Other specialised construction activities n.e.c.· main 43999Other specialised construction activities n.e.c.

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,2 M €	+72.1%	722,7 k €	+36.2%	530,7 k €	-35.7%	825,9 k €	+87.1%	441,3 k €	+214%	140,3 k €	-30.8%	202,7 k €	+3.7%	195,5 k €	+103%	96,3 k €	+16.2%	82,8 k €	+21.0%	68,5 k €	-50.0%	136,9 k €	+14.9%	119,2 k €	+125%	53 k €	-89.6%	507,3 k €	+1026%	-54,8 k €	-7856%	-688,6 €	+57.4%	-1,6 k €	-141%	-671,1 €	+79.9%	-3,3 k €
EBITDA	1,2 M €	+70.8%	678,7 k €	+99.2%	340,7 k €	-54.4%	747,8 k €	+75.4%	426,5 k €	+238%	126,3 k €	-33.0%	188,5 k €	-2.3%	192,9 k €	+102%	95,6 k €	+20.3%	79,4 k €	+39.5%	56,9 k €	-57.4%	133,5 k €	+45.0%	92,1 k €	+102%	45,6 k €	-90.9%	500,6 k €	+1003%	-55,4 k €	-4726%	-1,1 k €	+44.5%	-2,1 k €	-84.1%	-1,1 k €	+73.2%	-4,2 k €
Operating result	1,1 M €	+72.8%	651,9 k €	+107%	314,6 k €	-50.4%	633,8 k €	+48.6%	426,5 k €	+238%	126,3 k €	-33.0%	188,5 k €	-2.3%	192,9 k €	+102%	95,6 k €	+20.3%	79,4 k €	+39.5%	56,9 k €	-57.4%	133,5 k €	+45.0%	92,1 k €	+102%	45,6 k €	-90.9%	500,6 k €	+1003%	-55,4 k €	-4726%	-1,1 k €	+57.3%	-2,7 k €	-139%	-1,1 k €	+78.5%	-5,2 k €
Net result	714 k €	+76.1%	405,4 k €	+122%	183 k €	-57.5%	430,5 k €	+59.8%	269,3 k €	+497%	45,1 k €	-48.1%	86,9 k €	+44.2%	60,3 k €	+473%	10,5 k €	-62.9%	28,4 k €	+316%	6,8 k €	-87.9%	56,2 k €	+67.5%	33,6 k €	+787%	-4,9 k €	-102%	319,6 k €	+631%	-60,2 k €	-5817%	-1 k €	+62.0%	-2,7 k €	-137%	-1,1 k €	+76.9%	-4,9 k €
Balance sheet
Equity	2,6 M €	+37.7%	1,9 M €	+27.2%	1,5 M €	+14.0%	1,3 M €	+49.2%	875,5 k €	+44.4%	606,2 k €	+8.0%	561,1 k €	+18.3%	474,2 k €	+14.6%	413,9 k €	+2.6%	403,4 k €	+7.6%	375 k €	+1.9%	368,2 k €	+18.0%	311,9 k €	+12.1%	278,3 k €	-1.7%	283,2 k €	+878%	-36,4 k €	-253%	23,8 k €	-4.1%	24,8 k €	-9.7%	27,5 k €	-4.0%	28,6 k €
Total assets	10,5 M €	-6.3%	11,2 M €	-3.4%	11,6 M €	+46.6%	7,9 M €	+5.4%	7,5 M €	-1.9%	7,7 M €	+6.5%	7,2 M €	+27.7%	5,6 M €	+62.2%	3,5 M €	+182%	1,2 M €	-31.1%	1,8 M €	-0.1%	1,8 M €	+0.6%	1,8 M €	-9.9%	2 M €	+18.0%	1,7 M €	+59.0%	1,1 M €	+4291%	23,9 k €	-3.5%	24,8 k €	-9.7%	27,5 k €	-4.1%	28,7 k €
Cash	410,3 k €	+58.8%	258,5 k €	+97.1%	131,1 k €	-47.6%	250,1 k €	-4.1%	260,7 k €	+117%	119,9 k €	+80.6%	66,4 k €	+17.2%	56,7 k €	-87.0%	434,5 k €	+105%	212 k €	-64.2%	591,7 k €	+56.3%	378,7 k €	+5292%	7 k €	-89.6%	67,6 k €	+13.2%	59,7 k €	+147%	24,2 k €	+1.7%	23,8 k €	+0.5%	23,6 k €	+6508%	357,8 €	-33.8%	540,1 €
Debts	7,8 M €	-15.3%	9,2 M €	-8.0%	10 M €	+53.8%	6,5 M €	-1.8%	6,6 M €	-5.8%	7 M €	+6.4%	6,6 M €	+28.6%	5,2 M €	+68.6%	3,1 M €	+270%	826,7 k €	-41.4%	1,4 M €	-0.6%	1,4 M €	-3.1%	1,5 M €	-13.4%	1,7 M €	+22.3%	1,4 M €	+27.7%	1,1 M €	+962009%	112,6 €		–		–		50 €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Mieke Pieyns

Director

Active

Ended mandates

Josef Meerschman

Manager

Ended

Mieke Pieyns

Manager

Ended

Raphaël Van De Keere

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
IMMECO● Active	0439.706.641
MEVACO BEHEER● Active	0427.139.795
NERO● Active	0890.464.453
PAPINGLO● Active	0478.920.672
WOESTIJNEGOED● Active	0848.263.515

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/07/2026	28/07/2025	19/07/2024	29/07/2023	29/07/2022	14/07/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	30/06/2022	19/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	22/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	28/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	19/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/06/2023	29/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	19/06/2021	14/07/2021	Dutch	PDF
Abridged model	31/12/2019	29/06/2020	28/07/2020	Dutch	PDF
Abridged model	31/12/2018	15/06/2019	06/08/2019	Dutch	PDF
Abridged model	31/12/2017	16/06/2018	31/07/2018	Dutch	PDF
Abridged model	31/12/2016	17/06/2017	18/07/2017	Dutch	PDF
Abridged model	31/12/2015	18/06/2016	15/07/2016	Dutch	PDF
Abridged model	31/12/2014	20/06/2015	25/08/2015	Dutch	PDF
Abridged model	31/12/2013	21/06/2014	25/08/2014	Dutch	PDF
Abridged model	31/12/2012	15/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	16/06/2012	27/08/2012	Dutch	PDF
Abridged model	31/12/2010	31/07/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	19/06/2010	07/07/2010	Dutch	PDF
Abridged model	31/12/2008	20/06/2009	27/08/2009	Dutch	PDF
Abridged model	31/12/2007	11/02/2008	13/03/2008	Dutch	PDF
Abridged model	31/12/2006	16/06/2007	02/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Mieke Pieyns

Director

Active

Ended mandates

Josef Meerschman

Manager

Ended

Mieke Pieyns

Manager

Ended

Raphaël Van De Keere

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates30/11/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/11/2010
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/04/2008
BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other29/11/2005
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025714 k €↑
2024
Annual accounts 2024405,4 k €↑
2023
Annual accounts 2023183 k €↓
2022
Annual accounts 2022430,5 k €↑
2021
Annual accounts 2021269,3 k €↑
2020
Annual accounts 202045,1 k €↓
2019
Annual accounts 201986,9 k €↑
2018
Annual accounts 201860,3 k €↑
2017
Annual accounts 201710,5 k €↓
2016
Annual accounts 201628,4 k €↑
2015
Annual accounts 20156,8 k €↓
2014
Annual accounts 201456,2 k €↑
2013
Annual accounts 201333,6 k €↑
2012
Annual accounts 2012-4,9 k €↓
2011
Annual accounts 2011319,6 k €↑
2010
Annual accounts 2010-60,2 k €↓
2009
Annual accounts 2009-1 k €↑
2008
Annual accounts 2008-2,7 k €↓
2007
Annual accounts 2007-1,1 k €↑
2006
Annual accounts 2006-4,9 k €
09/11/2005
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

MEVACO PROJECTS

Overview

What does MEVACO PROJECTS do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline