E. VICTOR-MEYER SA
ActiveE. VICTOR-MEYER SA has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €7.58M and a net result of €11k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 56% of 6537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability56▲+21
Solvency63=
Growth59▲+13
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €440k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.28 in 2023; short-term debt: 46.8% and cash: 1.8% of total assets), and 62.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 2024Solvency, return and age of the figures
Solvency
37.8%
Return on assets
0.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
30 d early
2022
11 d early
2021
24 d early
2020
18 d early
2019
33 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€12.25M▼ 17.7%
2023 · €14.89M
2018: €15.05M
2019: €15.28M
2020: €15.08M
2021: €16.56M
2022: €17.00M
2023: €14.89M
2018 → 2024
EBIT margin
4.0%▲ 6.9pp
2023 · -2.9%
2018: 0.7%
2019: 1.3%
2020: 0.7%
2021: 0.4%
2022: 3.1%
2023: -2.9%
2018 → 2024
Net result
€11k
2023 · €-772k
2018: €-13k
2019: €-6k
2020: €64k
2021: €125k
2022: €348k
2023: €-772k
2018 → 2024
Working capital
€2.62M▼ 2.1%
2023 · €2.67M
2018: €2.14M
2019: €2.12M
2020: €2.99M
2021: €2.85M
2022: €3.43M
2023: €2.67M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€15.08M-€16.56M▲ 9.8%€17.00M▲ 2.6%€14.89M▼ 12.4%€12.25M▼ 17.7%
Equity€5.93M-€8.18M▲ 38.0%€8.46M▲ 3.4%€7.62M▼ 9.9%€7.58M▼ 0.5%
Operating result€104k-€59k▼ 42.8%€531k▲ 795%€-430k€489k
Net result€64k-€125k▲ 96.0%€348k▲ 179%€-772k€11k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €489k after a loss of €430k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €20.03M
Fixed assets
€8.05M▲ 1.5%
Current assets
€11.99M▼ 1.0%
Equity and liabilities €20.03M
Equity
€7.58M▼ 0.5%
Provisions
€0▼ 100%
Debt
€12.45M▲ 0.3%
The debt ratio rises from 62.0% to 62.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.60M▲
2023 · €754k
Cash flow
€1.12M▲
2023 · €413k
Solvency
37.8%▼
2023 · 38.0%
Current ratio
1.28▼
2023 · 1.28
Quick ratio
0.23▲
2023 · 0.23
Debt / equity
1.64▲
2023 · 1.63
ROE
0.1%▲
2023 · -10.1%
ROA
0.1%▲
2023 · -3.9%
Interest coverage
3.43▲
2023 · 2.15
Debt
€12.45M▲
2023 · €12.42M
Debt ≤ 1 year
€9.37M▼
2023 · €9.44M
Debt > 1 year
€2.97M▲
2023 · €2.85M
Income taxes
€2k▼
2023 · €2k
Staff costs
€1.33M▼
2023 · €1.46M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€20.03M€20.03M=
Fixed assets21/28€7.93M€8.05M▲
Intangible fixed assets21€69k€44k▼
Tangible fixed assets22/27€7.79M€7.93M▲
Land and buildings22€5.10M€5.59M▲
Plant, machinery and equipment23€1.41M€1.18M▼
Furniture and vehicles24€107k€56k▼
Leasing and similar rights25€1.06M€1.11M▲
Assets under construction and advance payments27€114k-
Financial fixed assets28€69k€69k=
Affiliated companies280/1€62k€62k=
Participating interests280€62k€62k=
Other financial fixed assets284/8€7k€7k=
Amounts receivable and cash guarantees285/8€7k€7k=
Current assets29/58€12.11M€11.99M▼
Stocks and contracts in progress3€9.93M€9.79M▼
Stocks30/36€9.93M€9.79M▼
Raw materials and consumables30/31€9.93M€9.79M▼
Amounts receivable within one year40/41€1.74M€1.78M▲
Trade receivables40€1.74M€1.78M▲
Current investments50/53€120k-
Other investments51/53€120k-
Cash at bank and in hand54/58€209k€367k▲
Deferred charges and accrued income490/1€108k€49k▼
Equity and liabilities
Total equity and liabilities10/49€20.03M€20.03M=
Equity10/15€7.62M€7.58M▼
Contributions10/11€4.70M€4.70M=
Capital10€4.70M€4.70M=
Issued capital100€4.70M€4.70M=
Reserves13€191k€187k▼
Non-distributable reserves130/1€147k€148k▲
Legal reserve130€147k€148k▲
Tax-exempt reserves132€44k€38k▼
Distributable reserves133€496€496=
Profit (loss) carried forward14€2.54M€2.55M▲
Investment grants15€186k€139k▼
Provisions and deferred taxes16€3k-
Deferred taxes168€3k-
Amounts payable17/49€12.42M€12.45M▲
Amounts payable after more than one year17€2.85M€2.97M▲
Financial debts170/4€2.85M€2.97M▲
Leasing and similar obligations172€649k€852k▲
Credit institutions173€2.20M€2.11M▼
Amounts payable within one year42/48€9.44M€9.37M▼
Current portion of amounts payable after more than one year42€1.22M€842k▼
Financial debts43€5.50M€6.30M▲
Credit institutions430/8€5.50M€6.30M▲
Trade debts44€2.44M€1.89M▼
Suppliers440/4€2.44M€1.89M▼
Taxes, remuneration and social security45€226k€284k▲
Taxes450/3€85k€141k▲
Remuneration and social security454/9€141k€143k▲
Other amounts payable47/48€54k€58k▲
Accrued charges and deferred income492/3€133k€117k▼
Income statement
Code20232024
Operating income70/76A€15.02M€12.97M▼
Turnover70€14.89M€12.25M▼
Other operating income74€128k€223k▲
Non-recurring operating income76A€10k€492k▲
Operating charges60/66A€15.45M€12.48M▼
Goods for resale, raw materials and consumables60€8.94M€6.93M▼
Purchases600/8€9.17M€6.80M▼
Change in stocks: decrease (increase)609€-232k€137k▲
Services and other goods61€3.56M€2.80M▼
Remuneration, social security and pensions62€1.46M€1.33M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.18M€1.11M▼
Other operating charges640/8€304k€303k▼
Non-recurring operating charges66A€3k€12k▲
Operating profit (loss)9901€-430k€489k▲
Financial income75/76B€81k€57k▼
Recurring financial income75€81k€57k▼
Income from current assets751€1k€1k▲
Other financial income752/9€79k€56k▼
Financial charges65/66B€426k€537k▲
Recurring financial charges65€426k€537k▲
Debt charges650€351k€465k▲
Other financial charges652/9€75k€71k▼
Profit (loss) for the period before taxes9903€-776k€10k▲
Transfer from deferred taxes780€6k€3k▼
Income taxes67/77€2k€2k▼
Taxes670/3€2k€2k▼
Profit (loss) for the period9904€-772k€11k▲
Transfer from tax-exempt reserves789€11k€5k▼
Profit (loss) for the period to be appropriated9905€-761k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.54M€2.55M▲
Profit (loss) brought forward from the previous period14P€3.30M€2.54M▼
Transfer to equity691/2-€814
To the legal reserve6920-€814
Social balance
Average headcount (FTE)908724.823.4▼
The notes to these accounts (90 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
31-07
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor appointment2 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor appointment2 facts ▸
- General meeting, 05/06/2026
- Auditor appointment, TKS AUDIT (commissaire)
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-772k ▼322%
Net result drops to €-772k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €348k ▲179%
Operating result €531k, net result €348k, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €64k
Net result €64k after 2 loss-making years.
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 33 days late
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
02-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 2 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Malmedy · 3 establishment units since 1980
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.
Avenue de Norvège 454960 MalmedyGround area
7.0 ha
Building footprint
5,032 m²
Volume, LiDAR
35,387 m³
3 parcels, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
Avenue de Norvège 45, 4960 Malmedy
since 19802.128.698.157
E VICTOR MEYER
since 20122.269.879.578
E VICTOR MEYER
since 20172.269.879.677
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62049B0378/00A000 | Wallonia | 6.0 ha | 1 · 361 m² | - |
| 63008B0230/00D000 | Wallonia | 6,733 m² | 1 · 4,164 m² | 11.3 m · 3 fl. |
| 62049B0390/00R000 | Wallonia | 2,768 m² | 1 · 508 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
1 auditor| TKS AUDITCurrent Commissaire · represented by Alain KOHNEN | 31-07-2026 → present |
Recognitions · licences · registrations
Legal Entity Identifier
549300GRNWEMH1NHJ768
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Of 380 companies in sector 47529 we hold annual accounts for 271. 44 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-02-1980
Fiscal year end31-12
Activities, NACEBEL
23700Cutting, shaping and finishing of stone
26700
47529Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 45 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.