Skip to content

Groep Meuleman

Active
Private limited companyfounded 20242 yrs activeDendermondsesteenweg 2, 9260 Wichelen, BelgiumKBO/BCE: BE 1005.380.452
Summary

The computed 12-month bankruptcy probability of Groep Meuleman is 2.6% (moderate). The 2024 annual accounts show negative equity (-€35,226) and a net result of -€40,226. Its solvency ranks better than 10% of 344 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability0
Solvency0
Growth-
Track record67
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71; short-term debt: 42% of total assets), and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and 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
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-38.2%
Return on assets
-43.6%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 80
Relative position
BE, all sectors
reference
Investigation and security activities (NACE 80)
about 5% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
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 31-07-2025, 0 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts on the deadline day; the sector median for financial year 2024 is 2 days before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
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

History

On 30 January 2024, Groep Meuleman was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

Go further with this company

Is this your company? See how customers and banks see it.

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

Financials · fiscal year 2024, micro schema

Equity
-€35,226
Total assets
€92,274
Net result
-€40,226
Working capital
-€11,196

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €92,274
Fixed assets €64,734
Current assets €27,539
Key figures and ratios
2024 value
EBITDA
-€29,274
Cash flow
-€31,487
Solvency
-38.2%
Current ratio
0.71
Quick ratio
0.50
Debt to equity
-3.62
ROA
-43.6%
Interest coverage
-13.23
Debt
€127,500
Debt ≤ 1 year
€38,735
Debt > 1 year
€87,345

Peer companies

Historical observation

Of the 7,657 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.3% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.6% 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 497,662 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% 1.7%
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 75% 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 7,657 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
Filed annual accounts As filed with the NBB · 2024 · 43 lines
Balance sheet Code2024
Assets
Total assets20/58€92,274
Fixed assets21/28€64,734
Intangible fixed assets21€6,009
Tangible fixed assets22/27€58,675
Plant, machinery and equipment23€53,784
Furniture and vehicles24€4,891
Financial fixed assets28€50
Current assets29/58€27,539
Stocks and contracts in progress3€8,296
Stocks30/36€8,296
Amounts receivable within one year40/41€18,778
Trade receivables40€18,460
Other amounts receivable41€318
Deferred charges and accrued income490/1€464
Equity and liabilities
Total equity and liabilities10/49€92,274
Equity10/15-€35,226
Contributions10/11€5,000
Profit (loss) carried forward14-€40,226
Amounts payable17/49€127,500
Amounts payable after more than one year17€87,345
Financial debts170/4€87,345
Amounts payable within one year42/48€38,735
Current portion of amounts payable after more than one year42€12,863
Financial debts43€6,654
Credit institutions430/8€6,654
Trade debts44€15,661
Suppliers440/4€15,661
Taxes, remuneration and social security45€911
Taxes450/3€911
Other amounts payable47/48€2,646
Accrued charges and deferred income492/3€1,420
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,739
Other operating charges640/8€1,156
Gross operating margin9900-€28,118
Operating profit (loss)9901-€38,014
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€2,213
Recurring financial charges65€2,213
Profit (loss) for the period before taxes9903-€40,226
Profit (loss) for the period9904-€40,226
Profit (loss) for the period to be appropriated9905-€40,226
Appropriation of the result
Profit (loss) to be appropriated9906-€40,226

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,739
Other operating charges640/8€1,156
Gross operating margin9900-€28,118
Operating profit (loss)9901-€38,014
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€2,213
Recurring financial charges65€2,213
Profit (loss) for the period before taxes9903-€40,226
Profit (loss) for the period9904-€40,226
Profit (loss) for the period to be appropriated9905-€40,226
Line2024
Assets
Total assets20/58€92,274
Fixed assets21/28€64,734
Intangible fixed assets21€6,009
Tangible fixed assets22/27€58,675
Plant, machinery and equipment23€53,784
Furniture and vehicles24€4,891
Financial fixed assets28€50
Current assets29/58€27,539
Stocks and contracts in progress3€8,296
Stocks30/36€8,296
Amounts receivable within one year40/41€18,778
Trade receivables40€18,460
Other amounts receivable41€318
Deferred charges and accrued income490/1€464
Equity and liabilities
Total equity and liabilities10/49€92,274
Equity10/15-€35,226
Contributions10/11€5,000
Profit (loss) carried forward14-€40,226
Amounts payable17/49€127,500
Amounts payable after more than one year17€87,345
Financial debts170/4€87,345
Amounts payable within one year42/48€38,735
Current portion of amounts payable after more than one year42€12,863
Financial debts43€6,654
Credit institutions430/8€6,654
Trade debts44€15,661
Suppliers440/4€15,661
Taxes, remuneration and social security45€911
Taxes450/3€911
Other amounts payable47/48€2,646
Accrued charges and deferred income492/3€1,420
Line2024
Profit (loss) for the period9904-€40,226
+ Depreciation and write-downs630€8,739
Operating cash flow (approximation)-€31,487

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

2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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
1 act for this company is 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, Wichelen · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,387 m²
Building footprint
324 m²
Volume, LiDAR
1,391 m³
Parcel 42018A0360/00M000, Flanders · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Groep Meuleman
Dendermondsesteenweg 2, 9260 WichelenGeneral electrical installation work
since 20242.357.287.664
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42018A0360/00M000 Flanders 1,387 m² 1 · 324 m² 10.4 m · 1 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.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 35,660 EUR awarded · 5,330 EUR paid
Year Entries awardedpaid
2025 1 35,660 EUR5,330 EUR
Schemes
1 entry · 35,660 EUR · 5,330 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 462 companies in sector 80090 we hold annual accounts for 262. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded30-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
77399Renting and leasing of other machinery, equipment and tangible goods
80090Investigation and security activities
43211General electrical installation work
47400Retail sale of information and communication equipment
70200Business and other management consultancy
80010Investigation and private security services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1005380452
Also 9925:BE1005380452
Registered 18-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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