BERT MEEUS

Active

Public limited companyfounded 198837 yrs activeTer Stratenweg 23, 2520 Ranst, BelgiumKBO/BCE: BE 0436.060.035

Summary

BERT MEEUS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of €272,349. Equity is growing by ~23.1% per year across the filed fiscal years. Its solvency ranks better than 43% of 2062 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysis Watch Report Compare

BERT MEEUSActiveChecked score 70/100

Risk analysis Report Compare

Checked score

Score 2025

70 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability76▼-9

Solvency63▼-6

Growth78=

Track record100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €130,000 at 30 days acceptable

Liquidity tight (current ratio 1.47 against 1.79 in 2024; short-term debt: 25.6% and cash: 7.2% of total assets), and 62% of the assets are financed with debt.

Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Specialised construction activities (NACE 43)

about 85% more bankruptcies

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

38%

Return on assets

5.5%

Age of the figures

12 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

A punctual record breaks

This company filed 9 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-07-2026, 70 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.

NBB · 10 filings

Deviation from the deadline

2025

70 d late

2024

14 d early

2023

22 d early

2022

24 d early

2021

10 d early

2020

67 d early

2019

85 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

27-09-2026 today30-09-2026 close30-04-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

BERT MEEUS was incorporated on 21 December 1988.¹ Total assets rose from EUR 1.2 million in 2018 to EUR 4.9 million in 2025 and headcount from 12.3 to 16.1 full-time equivalents.²

Go further with this company

How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidy mirror

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Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, full schema

In the rankings #5 employer in Ranst, Construction sector #5 company by total assets in Ranst, Construction sector #6 company by equity in Ranst, Construction sector

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€272,349▼ 44.5%

2024 · €491,086

Working capital

€594,708▼ 35.6%

2024 · €923,664

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20212022202320242025

Operating result€286,048▲ 112%€255,692▼ 10.6%€363,873▲ 42.3%€724,846▲ 99.2%€335,244▼ 53.7%

Net result€220,334▲ 82.9%€190,523▼ 13.5%€267,595▲ 40.5%€491,086▲ 83.5%€272,349▼ 44.5%

Equity€806,252▲ 28.8%€951,275▲ 18.0%€1.2m▲ 28.1%€1.7m▲ 36.4%€1.9m▲ 12.2%

Total assets€3.0m▲ 81.0%€3.1m▲ 3.0%€3.2m▲ 2.3%€3.8m▲ 18.6%€4.9m▲ 30.3%

Debt€2.2m▲ 113%€2.2m▼ 2.4%€2.0m▼ 9.2%€2.1m▲ 7.5%€3.0m▲ 44.6%

Working capital€307,120▼ 23.7%-€101,257€102,842€923,664▲ 798%€594,708▼ 35.6%

Staff (FTE)15.8▲ 9.0%15.5▼ 1.9%15.4▼ 0.6%15.7▲ 1.9%16.1▲ 2.5%

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 54% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €4.9m

62.3%

37.7%

Fixed assets €3.1m ▲ 82.4%

Current assets €1.8m ▼ 11.5%

Equity and liabilities €4.9m

38.0%

62.0%

Equity €1.9m ▲ 12.2%

Provisions €1,018 ▼ 17.7%

Debt €3.0m ▲ 44.6%

Debt's share of the balance-sheet total rises from 55.8% to 62.0%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€632,482▼

2024 · €1.3m

Cash flow

€569,587▼

2024 · €1.0m

Current ratio

1.47▼

2024 · 1.79

Quick ratio

1.25▼

2024 · 1.57

Debt to equity

1.63▲

2024 · 1.26

ROE

14.6%▼

2024 · 29.5%

ROA

5.5%▼

2024 · 13.0%

Interest coverage

14.73▼

2024 · 75.97

Debt ≤ 1 year

€1.3m▲

2024 · €1.2m

Debt > 1 year

€1.8m▲

2024 · €936,817

Income taxes

€55,000▼

2024 · €237,798

Staff costs

€977,732▲

2024 · €908,037

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

Small
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more

0.2% went bankrupt

4.7% stopped otherwise

95% still going

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group	Expected	Actual
1	0.2%	0.2%
2	0.3%	0.4%
3	0.5%	0.5%
4	0.6%	0.7%
5	0.8%	0.9%
6	1.2%	1.3%
7	1.5%	1.6%
8	1.7%	1.7%
9	2.7%	2.8%
10	5.3%	5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 20,082 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 64 lines

Balance sheet Code20242025

Assets

Total assets20/58€3.8m€4.9m▲

Fixed assets21/28€1.7m€3.1m▲

Tangible fixed assets22/27€1.7m€3.1m▲

Land and buildings22€1.4m€2.6m▲

Plant, machinery and equipment23€209,648€307,322▲

Furniture and vehicles24€73,719€126,764▲

Current assets29/58€2.1m€1.8m▼

Stocks and contracts in progress3€255,295€281,730▲

Stocks30/36€142,450€121,332▼

Contracts in progress37€112,845€160,398▲

Amounts receivable within one year40/41€617,856€769,058▲

Trade receivables40€488,398€665,708▲

Other amounts receivable41€129,458€103,349▼

Current investments50/53€703,603€400,000▼

Cash at bank and in hand54/58€489,217€351,060▼

Deferred charges and accrued income490/1€24,432€47,651▲

Equity and liabilities

Total equity and liabilities10/49€3.8m€4.9m▲

Equity10/15€1.7m€1.9m▲

Contributions10/11€171,420€171,420=

Capital10€171,420€171,420=

Issued capital100€171,420€171,420=

Reserves13€1.4m€1.6m▲

Non-distributable reserves130/1€17,142€17,142=

Legal reserve130€17,142€17,142=

Tax-exempt reserves132€502,159€497,003▼

Distributable reserves133€844,758€1.1m▲

Profit (loss) carried forward14€127,477€127,482=

Provisions and deferred taxes16€1,236€1,018▼

Deferred taxes168€1,236€1,018▼

Amounts payable17/49€2.1m€3.0m▲

Amounts payable after more than one year17€936,817€1.8m▲

Financial debts170/4€936,817€1.8m▲

Amounts payable within one year42/48€1.2m€1.3m▲

Current portion of amounts payable after more than one year42€84,417€137,156▲

Trade debts44€722,456€904,160▲

Suppliers440/4€722,456€904,160▲

Taxes, remuneration and social security45€357,040€209,819▼

Taxes450/3€195,209€11,054▼

Remuneration and social security454/9€161,831€198,766▲

Other amounts payable47/48€2,827€3,656▲

Income statement Code20242025

Remuneration, social security and pensions62€908,037€977,732▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€539,330€297,237▼

Other operating charges640/8€16,920€18,943▲

Gross operating margin9900€2.2m€1.6m▼

Operating profit (loss)9901€724,846€335,244▼

Financial income75/76B€20,460€34,820▲

Recurring financial income75€20,460€34,820▲

Financial charges65/66B€16,642€42,934▲

Recurring financial charges65€16,642€42,934▲

Profit (loss) for the period before taxes9903€728,665€327,130▼

Transfer from deferred taxes780€219€219=

Income taxes67/77€237,798€55,000▼

Profit (loss) for the period9904€491,086€272,349▼

Transfer from tax-exempt reserves789€656€215,656▲

Transfer to tax-exempt reserves689-€210,500

Profit (loss) for the period to be appropriated9905€491,742€277,505▼

Appropriation of the result

Profit (loss) to be appropriated9906€618,977€404,982▼

Profit (loss) brought forward from the previous period14P€127,235€127,477▲

Transfer from equity791/2€47,000€70,000▲

Transfer to equity691/2€491,500€277,500▼

To other reserves6921€491,500€277,500▼

Profit to be distributed694/7€47,000€70,000▲

Return on contributions (dividend)694€47,000€70,000▲

Social balance

Average headcount (FTE)908715.716.1▲

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Non-recurring operating income76A	€109,349	-	€21,245	-	-	-
Remuneration, social security and pensions62	€717,324	€734,430	€911,324	€908,037	€977,732	▲ 7.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€304,549	€292,033	€253,404	€539,330	€297,237	▼ 44.9%
Other operating charges640/8	€12,565	€15,476	€21,491	€16,920	€18,943	▲ 12.0%
Gross operating margin9900	€1.3m	€1.3m	€1.6m	€2.2m	€1.6m	▼ 25.6%
Operating profit (loss)9901	€286,048	€255,692	€363,873	€724,846	€335,244	▼ 53.7%
Financial income75/76B	€28	€10,501	€11,467	€20,460	€34,820	▲ 70.2%
Recurring financial income75	€28	€10,501	€11,467	€20,460	€34,820	▲ 70.2%
Financial charges65/66B	€27,827	€26,323	€21,064	€16,642	€42,934	▲ 158%
Recurring financial charges65	€27,827	€26,323	€21,064	€16,642	€42,934	▲ 158%
Profit (loss) for the period before taxes9903	€258,249	€239,870	€354,276	€728,665	€327,130	▼ 55.1%
Transfer from deferred taxes780	€220	€219	€219	€219	€219	=
Income taxes67/77	€38,135	€49,565	€86,900	€237,798	€55,000	▼ 76.9%
Profit (loss) for the period9904	€220,334	€190,523	€267,595	€491,086	€272,349	▼ 44.5%
Transfer from tax-exempt reserves789	€42,460	€656	€656	€656	€215,656	▲ 32,763%
Transfer to tax-exempt reserves689	€215,000	-	€189,450	-	€210,500	-
Profit (loss) for the period to be appropriated9905	€47,794	€191,179	€78,801	€491,742	€277,505	▼ 43.6%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€3.0m	€3.1m	€3.2m	€3.8m	€4.9m	▲ 30.3%
Fixed assets21/28	€1.8m	€2.2m	€2.1m	€1.7m	€3.1m	▲ 82.4%
Tangible fixed assets22/27	€1.8m	€2.2m	€2.1m	€1.7m	€3.1m	▲ 82.4%
Land and buildings22	€1.4m	€1.9m	€1.8m	€1.4m	€2.6m	▲ 88.3%
Plant, machinery and equipment23	€241,443	€292,804	€287,958	€209,648	€307,322	▲ 46.6%
Furniture and vehicles24	€128,197	€24,234	€46,129	€73,719	€126,764	▲ 72.0%
Current assets29/58	€1.3m	€940,528	€1.0m	€2.1m	€1.8m	▼ 11.5%
Stocks and contracts in progress3	€168,018	€318,276	€255,220	€255,295	€281,730	▲ 10.4%
Stocks30/36	€62,526	€211,052	€146,103	€142,450	€121,332	▼ 14.8%
Contracts in progress37	€105,492	€107,225	€109,117	€112,845	€160,398	▲ 42.1%
Amounts receivable within one year40/41	€677,248	€463,067	€652,655	€617,856	€769,058	▲ 24.5%
Trade receivables40	€485,573	€252,097	€584,853	€488,398	€665,708	▲ 36.3%
Other amounts receivable41	€191,675	€210,969	€67,802	€129,458	€103,349	▼ 20.2%
Current investments50/53	-	-	-	€703,603	€400,000	▼ 43.1%
Cash at bank and in hand54/58	€354,695	€122,521	€79,340	€489,217	€351,060	▼ 28.2%
Deferred charges and accrued income490/1	€60,575	€36,665	€52,006	€24,432	€47,651	▲ 95.0%
Equity and liabilities
Total equity and liabilities10/49	€3.0m	€3.1m	€3.2m	€3.8m	€4.9m	▲ 30.3%
Equity10/15	€806,252	€951,275	€1.2m	€1.7m	€1.9m	▲ 12.2%
Contributions10/11	€171,420	€171,420	€171,420	€171,420	€171,420	=
Capital10	€171,420	€171,420	€171,420	€171,420	€171,420	=
Issued capital100	€171,420	€171,420	€171,420	€171,420	€171,420	=
Reserves13	€607,577	€653,421	€920,215	€1.4m	€1.6m	▲ 14.8%
Non-distributable reserves130/1	€17,142	€17,142	€17,142	€17,142	€17,142	=
Legal reserve130	€17,142	€17,142	€17,142	€17,142	€17,142	=
Tax-exempt reserves132	€314,678	€314,021	€502,815	€502,159	€497,003	▼ 1.0%
Distributable reserves133	€275,758	€322,258	€400,258	€844,758	€1.1m	▲ 24.6%
Profit (loss) carried forward14	€27,254	€126,434	€127,235	€127,477	€127,482	=
Provisions and deferred taxes16	€1,893	€1,674	€1,455	€1,236	€1,018	▼ 17.7%
Deferred taxes168	€1,893	€1,674	€1,455	€1,236	€1,018	▼ 17.7%
Amounts payable17/49	€2.2m	€2.2m	€2.0m	€2.1m	€3.0m	▲ 44.6%
Amounts payable after more than one year17	€1.3m	€1.1m	€1.0m	€936,817	€1.8m	▲ 90.8%
Financial debts170/4	€1.3m	€1.1m	€1.0m	€936,817	€1.8m	▲ 90.8%
Amounts payable within one year42/48	€953,416	€1.0m	€936,378	€1.2m	€1.3m	▲ 7.5%
Current portion of amounts payable after more than one year42	€181,162	€142,462	€91,866	€84,417	€137,156	▲ 62.5%
Trade debts44	€565,634	€729,301	€585,736	€722,456	€904,160	▲ 25.2%
Suppliers440/4	€565,634	€729,301	€585,736	€722,456	€904,160	▲ 25.2%
Taxes, remuneration and social security45	€113,676	€121,672	€211,017	€357,040	€209,819	▼ 41.2%
Taxes450/3	€6,809	€6,745	€50,900	€195,209	€11,054	▼ 94.3%
Remuneration and social security454/9	€106,867	€114,927	€160,117	€161,831	€198,766	▲ 22.8%
Other amounts payable47/48	€92,943	€48,351	€47,759	€2,827	€3,656	▲ 29.3%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€220,334	€190,523	€267,595	€491,086	€272,349	▼ 44.5%
+ Depreciation and write-downs630	€304,549	€292,033	€253,404	€539,330	€297,237	▼ 44.9%
Operating cash flow (approximation)	€524,883	€482,556	€520,999	€1.0m	€569,587	▼ 44.7%
Investment in fixed assets (approximation)	-	-€702,752	-€224,815	-€77,958	-€1.7m	▼ 2,054%
Change in cash	-	-€232,175	-€43,181	€409,877	-€138,157	▼ 134%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

All 14Financial 4Filings 10

Next filing, fiscal year 2026, expected by 30-04-2027

2026

09-07

NBB filing Annual accounts filed

fiscal year 2025 · full schema · 70 days late

2025

16-04

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

30-09

Financial Highest result since 2018net €491,086 ▲83.5%

Operating result €724,846, net result €491,086, both a record.

08-04

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

30-09

Financial Equity above €1mEq €1.2m ▲28.1%

6 profitable years in a row build equity to €1.2m.

06-04

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

20-04

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

22-02

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

05-02

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2019

30-09

Financial Weakest financial yearnet €99,813 ▼38.8%

Net result drops to €99,813, the lowest in the series; recovery starts the following year.

30-09

Financial Equity above €500,000Eq €545,069 ▲14.7%

2 profitable years in a row build equity to €545,069.

28-01

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

01-03

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

08-02

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

0 of 4 acts read

About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Ranst · 1 establishment unit since 1988

seat establishment The establishment unit on the map

Ground area

9,779 m²

Building footprint

3,432 m²

Parcel 11031C0363/00F000, Flanders. Linked by address, not a title deed.

1 establishment unit

BERT MEEUS NV

Ter Stratenweg 23, 2520 RanstNACE 451

since 19882.041.373.413

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11031C0363/00F000	Flanders	9,779 m²	1 · 3,432 m²	-

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 5 entries · 6,678 EUR awarded · 5,256 EUR paid

Year	Entries	awarded	paid
2025	1	3,214 EUR	2,100 EUR
2024	1	308 EUR	0 EUR
2023	2	2,156 EUR	2,156 EUR
2022	1	1,000 EUR	1,000 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

3 entries · 5,178 EUR · 3,756 EUR paid · Fonds voor Innoveren en Ondernemen

Stagebonus (stopgezet)

2 entries · 1,500 EUR · 1,500 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Recognised contractor

15 categories

BERT MEEUS NV27222

category D, class 1 · category D1, class 1 · category D10, class 1 · category D11, class 1 · category D12, class 5 · category D14, class 1 · category D20, class 5 · category D22, class 5 · category D24, class 1 · category D4, class 1 · category D5, class 1 · category D8, class 1 · category G5, class 1 · category P1, class 1 · category P2, class 1

decision 08-07-2024

Dual-learning approval

3 ended

Dakdekker leien en pannen (so)

discontinued · 2021 to 2025

Dakafdichter (so)

ended · 2017 to 2022

Dakdekker (so)

ended · 2017 to 2022

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BE 0440.145.517

Haacht · Eq €1,841,314

Of 8,574 companies in sector 43410 we hold annual accounts for 4,367. 1,362 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPublic limited company

Founded21-12-1988

Fiscal year end30-09

Activities, NACEBEL 2025

43410Roofing work

E-invoicing

Reachable via Peppol

Peppol ID 0208:0436060035

Also 9925:BE0436060035

Registered 30-09-2025

Scores and ratios are computed by Checked and are not a credit decision.