CLAUDIO MEREU
ActiveSummary
CLAUDIO MEREU has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.13M and a net result of €587k. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 3307 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €430k at 30 days acceptable
Liquidity ample (current ratio 34.77 against 37.17 in 2024; short-term debt: 2.9% and cash: 4.5% of total assets), and 2.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.1%
Return on assets
11.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
9 d late
2023
30 d late
2022
47 d early
2021
5 d late
2020
25 d late
2019
17 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€587k▼ 9.9%
2024 · €651k
2018: €419k
2019: €479k▲ +14.3% vs 2018
2020: €375k▼ -21.8% vs 2019lowest in 8 years
2021: €776k▲ +107% vs 2020highest in 8 years
2022: €731k▼ -5.8% vs 2021
2023: €750k▲ +2.5% vs 2022
2024: €651k▼ -13.2% vs 2023
2025: €587k▼ -9.9% vs 2024
2018 → 2025
Working capital
€5.12M▲ 13.0%
2024 · €4.53M
2018: €1.75Mlowest in 8 years
2019: €1.99M▲ +13.8% vs 2018
2020: €1.87M▼ -5.9% vs 2019
2021: €2.38M▲ +27.3% vs 2020
2022: €3.12M▲ +31.0% vs 2021
2023: €3.88M▲ +24.2% vs 2022
2024: €4.53M▲ +16.9% vs 2023
2025: €5.12M▲ +13.0% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.41M-€3.14M▲ 30.4%€3.89M▲ 23.9%€4.54M▲ 16.8%€5.13M▲ 12.9%
2021: €2.41Mlowest in 5 years
2022: €3.14M▲ +30.4% vs 2021
2023: €3.89M▲ +23.9% vs 2022
2024: €4.54M▲ +16.8% vs 2023
2025: €5.13M▲ +12.9% vs 2024highest in 5 years
Operating result€1.14M-€1.05M▼ 7.8%€1.06M▲ 0.3%€811k▼ 23.2%€761k▼ 6.1%
2021: €1.14Mhighest in 5 years
2022: €1.05M▼ -7.8% vs 2021
2023: €1.06M▲ +0.3% vs 2022
2024: €811k▼ -23.2% vs 2023
2025: €761k▼ -6.1% vs 2024lowest in 5 years
Net result€776k-€731k▼ 5.8%€750k▲ 2.5%€651k▼ 13.2%€587k▼ 9.9%
2021: €776khighest in 5 years
2022: €731k▼ -5.8% vs 2021
2023: €750k▲ +2.5% vs 2022
2024: €651k▼ -13.2% vs 2023
2025: €587k▼ -9.9% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 6% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.28M
Fixed assets
€3k ▼ 51.5%
Current assets
€5.27M ▲ 13.2%
Equity and liabilities €5.28M
Equity
€5.13M ▲ 12.9%
Debt
€152k ▲ 21.0%
Debt's share of the balance-sheet total rises from 2.7% to 2.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€765k▼
2024 · €816k
Cash flow
€590k▼
2024 · €657k
Current ratio
34.77▼
2024 · 37.17
Debt to equity
0.03▲
2024 · 0.03
ROE
11.4%▼
2024 · 14.3%
ROA
11.1%▼
2024 · 14.0%
Interest coverage
19296.65▼
2024 · 136082.79
Debt ≤ 1 year
€152k▲
2024 · €125k
Income taxes
€273k▼
2024 · €300k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.66M€5.28M▲
Fixed assets21/28€7k€3k▼
Tangible fixed assets22/27€7k€3k▼
Furniture and vehicles24€7k€3k▼
Other tangible fixed assets26€70-
Current assets29/58€4.66M€5.27M▲
Amounts receivable within one year40/41-€638k
Trade receivables40-€638k
Current investments50/53€4.40M€4.40M=
Cash at bank and in hand54/58€258k€236k▼
Deferred charges and accrued income490/1-€609
Equity and liabilities
Total equity and liabilities10/49€4.66M€5.28M▲
Equity10/15€4.54M€5.13M▲
Contributions10/11€56k€56k=
Reserves13€4.48M€5.07M▲
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Distributable reserves133€4.47M€5.06M▲
Profit (loss) carried forward14€4k€4k▲
Amounts payable17/49€125k€152k▲
Amounts payable within one year42/48€125k€152k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€104k€101k▼
Taxes450/3€102k€99k▼
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€19k€49k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€3k▼
Other operating charges640/8€34€2k▲
Gross operating margin9900€817k€767k▼
Operating profit (loss)9901€811k€761k▼
Financial income75/76B€140k€99k▼
Recurring financial income75€140k€99k▼
Financial charges65/66B€6€40▲
Recurring financial charges65€6€40▲
Profit (loss) for the period before taxes9903€951k€860k▼
Income taxes67/77€300k€273k▼
Profit (loss) for the period9904€651k€587k▼
Profit (loss) for the period to be appropriated9905€651k€587k▼
Appropriation of the result
Profit (loss) to be appropriated9906€655k€590k▼
Profit (loss) brought forward from the previous period14P€4k€4k▲
Transfer to equity691/2€651k€587k▼
To other reserves6921€651k€587k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €7k | €6k | €5k | €3k | ▼ 36.2% |
| Other operating charges640/8 | €868 | €868 | €960 | €34 | €2k | ▲ 5,638% |
| Gross operating margin9900 | €1.15M | €1.06M | €1.06M | €817k | €767k | ▼ 6.1% |
| Operating profit (loss)9901 | €1.14M | €1.05M | €1.06M | €811k | €761k | ▼ 6.1% |
| Financial income75/76B | €2k | €19k | €40k | €140k | €99k | ▼ 29.2% |
| Recurring financial income75 | €2k | €19k | €40k | €140k | €99k | ▼ 29.2% |
| Financial charges65/66B | €2k | €6k | €34 | €6 | €40 | ▲ 561% |
| Recurring financial charges65 | €2k | €6k | €34 | €6 | €40 | ▲ 561% |
| Profit (loss) for the period before taxes9903 | €1.14M | €1.06M | €1.10M | €951k | €860k | ▼ 9.5% |
| Income taxes67/77 | €365k | €333k | €345k | €300k | €273k | ▼ 8.8% |
| Profit (loss) for the period9904 | €776k | €731k | €750k | €651k | €587k | ▼ 9.9% |
| Profit (loss) for the period to be appropriated9905 | €776k | €731k | €750k | €651k | €587k | ▼ 9.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.88M | €3.45M | €4.05M | €4.66M | €5.28M | ▲ 13.1% |
| Fixed assets21/28 | €22k | €16k | €10k | €7k | €3k | ▼ 51.5% |
| Tangible fixed assets22/27 | €22k | €16k | €10k | €7k | €3k | ▼ 51.5% |
| Furniture and vehicles24 | €22k | €15k | €9k | €7k | €3k | ▼ 51.0% |
| Other tangible fixed assets26 | €330 | €210 | €140 | €70 | - | - |
| Current assets29/58 | €2.86M | €3.44M | €4.04M | €4.66M | €5.27M | ▲ 13.2% |
| Amounts receivable within one year40/41 | - | - | €5k | - | €638k | - |
| Trade receivables40 | - | - | €5k | - | €638k | - |
| Current investments50/53 | €670k | €685k | €3.90M | €4.40M | €4.40M | = |
| Cash at bank and in hand54/58 | €2.19M | €2.75M | €131k | €258k | €236k | ▼ 8.4% |
| Deferred charges and accrued income490/1 | - | - | - | - | €609 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.88M | €3.45M | €4.05M | €4.66M | €5.28M | ▲ 13.1% |
| Equity10/15 | €2.41M | €3.14M | €3.89M | €4.54M | €5.13M | ▲ 12.9% |
| Contributions10/11 | €56k | €56k | €56k | €56k | €56k | = |
| Reserves13 | €2.35M | €3.08M | €3.83M | €4.48M | €5.07M | ▲ 13.1% |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves not available under the articles1311 | €6k | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | €2.34M | €3.07M | €3.82M | €4.47M | €5.06M | ▲ 13.1% |
| Profit (loss) carried forward14 | €4k | €4k | €4k | €4k | €4k | ▲ 1.4% |
| Amounts payable17/49 | €473k | €313k | €158k | €125k | €152k | ▲ 21.0% |
| Amounts payable within one year42/48 | €473k | €313k | €158k | €125k | €152k | ▲ 21.0% |
| Trade debts44 | €5k | €6k | - | €2k | €2k | ▲ 0.1% |
| Suppliers440/4 | €5k | €6k | - | €2k | €2k | ▲ 0.1% |
| Taxes, remuneration and social security45 | €205k | €290k | €97k | €104k | €101k | ▼ 2.7% |
| Taxes450/3 | €202k | €287k | €94k | €102k | €99k | ▼ 2.8% |
| Remuneration and social security454/9 | €3k | €3k | €3k | €3k | €3k | = |
| Other amounts payable47/48 | €263k | €18k | €62k | €19k | €49k | ▲ 150% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €776k | €731k | €750k | €651k | €587k | ▼ 9.9% |
| + Depreciation and write-downs630 | €8k | €7k | €6k | €5k | €3k | ▼ 36.2% |
| Operating cash flow (approximation) | €784k | €738k | €756k | €657k | €590k | ▼ 10.1% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-2k | €0 | ▲ 100% |
| Change in cash | - | €564k | €-2.62M | €126k | €-22k | ▼ 117% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Equity above €5MEq €5.13M ▲12.9%
8 profitable years in a row build equity to €5.13M.
09-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 9 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 25.54
Current ratio from 10.96 to 25.54; short-term debt falls from €313k to €158k.
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 5 days late
2021
31-12
Financial
Highest result since 2018net €776k ▲107%
Operating result €1.14M, net result €776k, both a record.
31-12
Financial
Equity above €2MEq €2.41M ▲27.2%
4 profitable years in a row build equity to €2.41M.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
31-12
Financial
Weakest financial yearnet €375k ▼21.8%
Net result drops to €375k, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 17 days late
Show earlier events
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
23-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Schaarbeek
Ground area
110 m²
Building footprint
71 m²
Volume, LiDAR
857 m³
Parcel 21905C0063/00H003, Brussels · tallest building 17.8 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21905C0063/00H003 | Brussels | 110 m² | 1 · 71 m² | 17.8 m · 4 fl. |
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.
Similar companies · same sector, comparable size
Xavier Remy Avocat / Advocaat
BE 0767.534.670
Elsene · Eq €5.09M
PHILIPPE DE BAERE
BE 0458.694.687
Watermaal-Bosvoorde · Eq €5.17M
PUTZEYS & CO
BE 0476.832.697
Sint-Jans-Molenbeek · Eq €5.07M
VIEM
BE 0826.345.473
Bertem · Eq €5.21M
LUC MEEUS
BE 0861.411.567
Oud-Heverlee · Eq €5.00M
Of 22,056 companies in sector 69101 we hold annual accounts for 9,055. 1,211 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded21-06-2010
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Scores and ratios are computed by Checked and are not a credit decision.