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Ignace Meert Schilderwerken

Active
Private limited companyfounded 2022active for 4 yearsGeraardsbergsesteenweg 182A, 9090 Merelbeke-Melle, BelgiumKBO/BCE: BE 0791.992.429
Summary

The computed 12-month bankruptcy probability of Ignace Meert Schilderwerken is 1.6% (moderate). The 2025 annual accounts show equity of €9,645 and a net result of €8,105. Equity has been growing by about 38% per year since 2023. Its solvency ranks better than 28% of 34,954 sector peers (NACE 43, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 06-10-2022 Normal situation
Activity
Painting of buildings NACE 43341and 3 others
Joint committee
124 Paritair Comité voor het bouwbedrijf · annual accounts 2023
Establishment unit
2.336.536.394 9090 Merelbeke-Melle, since 06-10-2022
Financial year end
31 December
Peppol
Reachable since 05-10-2025

Board and ownership

Board

Financial position

56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.6%
Annual accounts 2025
Gross margin
€15,641
▲ 18.3%
Turnover
≈ €160,000
estimated
Profit
€8,105
Equity
€9,645
▲ 526%
Total assets
€36,681
▲ 61.1%
Score breakdownraises riskFounded in 2022Size: total assets €36,681Sector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed on 29-07-2026)Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 55% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 51+19
equity 26.3% of total assets
Liquidity 17-17
short-term debt 71.9% · cash 4.4%
Profitability 96+96
return on assets 22.1%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 2.9% 01-2025: 2.8%▼ -0.1 percentage points vs 12-2024 02-2025: 2.8%● unchanged vs 01-2025 03-2025: 2.9%▲ +0.1 percentage points vs 02-2025 04-2025: 3.0%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 2.9%▼ -0.1 percentage points vs 04-2025 06-2025: 2.8%▼ -0.1 percentage points vs 05-2025 07-2025: 2.7%▼ -0.1 percentage points vs 06-2025 08-2025: 1.6%▼ -1.1 percentage points vs 07-2025 09-2025: 1.6%● unchanged vs 08-2025 10-2025: 1.6%● unchanged vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.5%▼ -0.1 percentage points vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.6%▲ +0.1 percentage points vs 03-2026 05-2026: 1.7%▲ +0.1 percentage points vs 04-2026 06-2026: 1.4%▼ -0.3 percentage points vs 05-2026lowest value 07-2026: 1.5%▲ +0.1 percentage points vs 06-2026 08-2026: 1.7%▲ +0.2 percentage points vs 07-2026 09-2026: 1.7%● unchanged vs 08-2026 10-2026: 1.6%▼ -0.1 percentage points vs 09-2026 11-2026: 1.6%● unchanged vs 10-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.78 (0.96 in 2024), below 1. Short-term debt is 71.9% and cash 4.4% of total assets. 73.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 28% of them on solvency, 9% on liquidity, 82% on profitability and 99% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2022
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €36,681
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 29-07-2026)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 29-07-2026, 2 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
2 days early
2024
24 days early
2023
29 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 1 day after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (3 of the last 3 accounts filed within 32 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2022.
KBO publications

Key points

  • Caution: Less equity than 83% of companies in specialised constructionsector median €57,775 · 34,966 companies €9,645 View

Recent changes

  1. · Gazette deed IncorporationStarting capital €2,500 · Appointment: Meert,Ignace (director)
All 6 events

Comparable companies

These companies have the same main activity as Ignace Meert Schilderwerken: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €29,800 and €38,000, founded between 2021 and 2024.

CompanyTotal assetsGross margin
Ignace Meert Schilderwerken Merelbeke-Melle€36,681€15,641
SVC-PROJECTS Zwevegem€34,248€17,241
Roosen schilder- en decoratiewerken Lummen€38,046€14,149
Laurence de la Marck Flémalle€32,426€12,609
Macerti Zottegem€29,773€17,930
SCHILDERWERKEN BRYSSINCK Wachtebeke€30,976€13,274
S.C. Total Construct Sint-Lievens-Houtem€31,895€13,236
Full comparison

Key facts about Ignace Meert Schilderwerken

What is the company number of Ignace Meert Schilderwerken?
The company number of Ignace Meert Schilderwerken is 0791.992.429. The VAT number is the same number with BE in front: BE 0791.992.429.
Where is Ignace Meert Schilderwerken based?
The registered office is at Geraardsbergsesteenweg 182A, 9090 Merelbeke-Melle.Company details
What does Ignace Meert Schilderwerken do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of Ignace Meert Schilderwerken?
The legal form of Ignace Meert Schilderwerken is Private limited company (BV).
When was Ignace Meert Schilderwerken founded?
Ignace Meert Schilderwerken was founded on 06-10-2022.
Is Ignace Meert Schilderwerken still active?
Yes, Ignace Meert Schilderwerken is an active enterprise in the KBO register.
How many employees does Ignace Meert Schilderwerken have?
Ignace Meert Schilderwerken had an average of 0.3 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does Ignace Meert Schilderwerken fall under?
In its 2023 annual accounts, Ignace Meert Schilderwerken states joint committee 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of Ignace Meert Schilderwerken?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €15,641 and 162 comparable companies (NACE 433). It probably lies between €92,000 and €330,000. It is a rough estimate.
Is Ignace Meert Schilderwerken profitable?
In financial year 2025, Ignace Meert Schilderwerken made a profit of €8,105.
Where can I find the annual accounts of Ignace Meert Schilderwerken?
Ignace Meert Schilderwerken filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Ignace Meert Schilderwerken due?
Ignace Meert Schilderwerken must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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