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DE MEULEMEESTER PAUL

Active
Public limited companyfounded 199531 yrs activeHemelrijkstraat 21, 9051 Gent, BelgiumKBO/BCE: BE 0456.002.443
Summary

DE MEULEMEESTER PAUL has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €362k and a net result of €55k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 76% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
89 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-3
Solvency97▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 4.29 against 3.23 in 2024; short-term debt: 13.9% and cash: 45% of total assets), and 28.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · 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
Sector 43
higher
← fewer bankruptcies more bankruptcies →
lowers risk · 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
highest failure risk from 2 to 8 years 31 years 0 40 y
lowers risk · 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
71.5%
Return on assets
10.9%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-05-2026, 85 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
85 d early
2024
28 d early
2023
27 d early
2022
34 d early
2021
79 d early
2020
17 d early
2019
14 d early
← 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 months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

Financials · fiscal year 2025, micro schema

Equity
€362k▲ 18.0%
2024 · €307k
2018: €244k 2019: €229k 2020: €262k 2021: €253k 2022: €255k 2023: €275k 2024: €307k
2018 → 2025
Total assets
€506k▲ 13.1%
2024 · €447k
2018: €382k 2019: €367k 2020: €383k 2021: €420k 2022: €405k 2023: €414k 2024: €447k
2018 → 2025
Net result
€55k▼ 2.8%
2024 · €57k
2018: €-32k 2019: €-16k 2020: €33k 2021: €16k 2022: €27k 2023: €45k 2024: €57k
2018 → 2025
Working capital
€232k▲ 20.5%
2024 · €192k
2018: €180k 2019: €170k 2020: €205k 2021: €145k 2022: €152k 2023: €173k 2024: €192k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€253k-€255k▲ 0.7%€275k▲ 8.0%€307k▲ 11.6%€362k▲ 18.0%
Operating result€19k-€37k▲ 89.5%€67k▲ 82.7%€82k▲ 21.5%€80k▼ 2.4%
Net result€16k-€27k▲ 70.9%€45k▲ 68.8%€57k▲ 25.3%€55k▼ 2.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2021: €19k€19kNet result 2021: €16k€16kOperating result 2022: €37k€37kNet result 2022: €27k€27kOperating result 2023: €67k€67kNet result 2023: €45k€45kOperating result 2024: €82k€82kNet result 2024: €57k€57kOperating result 2025: €80k€80kNet result 2025: €55k€55k20212022202320242025€0€25k€50k€75kOperating result 2023: €67k€67kNet result 2023: €45k€45kOperating result 2024: €82k€82kNet result 2024: €57k€57kOperating result 2025: €80k€80kNet result 2025: €55k€55k202320242025
The operating result falls in 2025; 2025 is 2% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €506k
Fixed assets €204k ▲ 20.7%
Current assets €302k ▲ 8.5%
Equity and liabilities €506k
Equity €362k ▲ 18.0%
Debt €144k ▲ 2.4%
Debt's share of the balance-sheet total falls from 31.4% to 28.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€100k
2024 · €96k
Cash flow
€76k
2024 · €72k
Current ratio
4.29
2024 · 3.23
Quick ratio
4.20
2024 · 3.16
Debt to equity
0.40
2024 · 0.46
ROE
15.3%
2024 · 18.5%
ROA
10.9%
2024 · 12.7%
Interest coverage
36.92
2024 · 56.07
Debt ≤ 1 year
€70k
2024 · €86k
Debt > 1 year
€74k
2024 · €55k
Income taxes
€22k
2024 · €23k
Staff costs
€371k
2024 · €356k
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 · 60 lines
Balance sheet Code20242025
Assets
Total assets20/58€447k€506k
Fixed assets21/28€169k€204k
Tangible fixed assets22/27€169k€204k
Land and buildings22€149k€142k
Plant, machinery and equipment23€11k€20k
Furniture and vehicles24€8k€5k
Leasing and similar rights25-€37k
Other tangible fixed assets26€0-
Current assets29/58€278k€302k
Stocks and contracts in progress3€6k€6k
Stocks30/36€6k€6k
Amounts receivable within one year40/41€6k€5k
Trade receivables40€4k€5k
Other amounts receivable41€2k€0
Current investments50/53-€50k
Cash at bank and in hand54/58€253k€227k
Deferred charges and accrued income490/1€13k€14k
Equity and liabilities
Total equity and liabilities10/49€447k€506k
Equity10/15€307k€362k
Contributions10/11€105k€105k=
Capital10€105k€105k=
Issued capital100€136k€136k=
Uncalled capital101€31k€31k=
Reserves13€189k€244k
Non-distributable reserves130/1€14k€14k=
Legal reserve130€14k€14k=
Distributable reserves133€175k€230k
Profit (loss) carried forward14€13k€13k=
Amounts payable17/49€141k€144k
Amounts payable after more than one year17€55k€74k
Financial debts170/4€55k€74k
Amounts payable within one year42/48€86k€70k
Current portion of amounts payable after more than one year42€13k€18k
Trade debts44€15k€9k
Suppliers440/4€15k€9k
Taxes, remuneration and social security45€20k€28k
Taxes450/3€20k€26k
Remuneration and social security454/9€0€3k
Other amounts payable47/48€38k€15k
Income statement Code20242025
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€356k€371k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€20k
Other operating charges640/8€6k€4k
Gross operating margin9900€458k€474k
Operating profit (loss)9901€82k€80k
Financial income75/76B€0€1
Recurring financial income75€0€1
Financial charges65/66B€2k€3k
Recurring financial charges65€2k€3k
Profit (loss) for the period before taxes9903€80k€77k
Income taxes67/77€23k€22k
Profit (loss) for the period9904€57k€55k
Profit (loss) for the period to be appropriated9905€57k€55k
Appropriation of the result
Profit (loss) to be appropriated9906€80k€68k
Profit (loss) brought forward from the previous period14P€24k€13k
Transfer from equity791/2€14k€0
Transfer to equity691/2€57k€55k
To other reserves6921€57k€55k
Profit to be distributed694/7€25k€0
Return on contributions (dividend)694€25k€0

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
07-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
03-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €57k ▲25.3%
Operating result €82k, net result €57k, both a record.
04-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
13-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
14-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €33k
Net result €33k after 2 loss-making years.
17-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
11-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
04-04
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.

Directors · office · real estate

Directors
9 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, Gent · 1 establishment unit since 1995
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Hemelrijkstraat 219051 Gent
Ground area
1,621 m²
Building footprint
121 m²
Volume, LiDAR
830 m³
Parcel 44062B0132/00R000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE MEULEMEESTER Paul NV
Hemelrijkstraat 21, 9051 GentWallpapering and laying of floor and wall coverings in other materials
since 19952.073.878.509
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44062B0132/00R000 Flanders 1,621 m² 1 · 121 m² 10.4 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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

2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid
Year Entries awardedpaid
2024 1 2,000 EUR2,000 EUR
Schemes
Hinderpremie bij openbare werken
1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 7,861 companies in sector 43341 we hold annual accounts for 2,663. 1,707 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded12-09-1995
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
43333Wallpapering and laying of floor and wall coverings in other materials
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers

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