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K. & T. MEYNS

Active
Private limited companyfounded 2003active for 23 yearsKersouwkensstraat 13, 8820 Torhout, BelgiumKBO/BCE: BE 0479.275.020
Summary

K. & T. MEYNS has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €716,524 and a net result of €9,607. Equity has been growing by about 9.3% per year since 2018. Its solvency ranks better than 70% of 3,715 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 21-01-2003 Normal situation
Activity
Support activities for crop production NACE 01610and 2 others
Joint committee
132 Technical farming and horticulture work · annual accounts 2025
Establishment unit
2.123.199.841 8820 Torhout, since 12-02-2003
Financial year end
31 December
Peppol
Reachable since 30-10-2025

Board and ownership

Board

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€185,457
▼ 23.1%
Turnover
≈ €510,000
estimated
Profit
€9,607
▼ 68.4%
Equity
€716,524
▲ 1.4%
Total assets
€1.3m
▲ 15.1%
Staff
0.5 FTE
▼ 61.5%
Score breakdownlowers riskSize: total assets €1.3mSector: Crop and animal production, hunting and related service activities (NACE 01)Equity €716,524 (55.6% of total assets)Figures for financial year 2025 (filed on 07-07-2026)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of micro companies in crop and animal production (NACE 01)
Financial strength · tick: 2024
Strong
Solvency 81-7
equity 55.6% of total assets
Liquidity 55-27
short-term debt 20.8% · cash 9.6%
Profitability 68-4
return on assets 0.7%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,695 companies, NACE 01, micro)
Last 24 months 12-2024: < 0.1%lowest value 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value 11-2026: < 0.1%● unchanged vs 10-2026highest value
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.56 (1.14 in 2024), below 1. Short-term debt is 20.8% and cash 9.6% of total assets. 44.4% 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 01, micro). It does better than 68% of them on solvency, 62% on liquidity, 39% on profitability and 41% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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 riskneutral
lowers risk · Size: total assets €1.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
lowers risk · Equity €716,524 (55.6% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 07-07-2026)
NBB · annual accounts
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 days early
2024
31 days early
2023
40 days early
2022
42 days early
2021
27 days early
2020
33 days early
2019
36 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 33 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% 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 30 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More equity than 92% of companies in crop and animal productionsector median €82,780 · 3,716 companies €716,524 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €9,607 8 years View

Recent changes

  1. · Gazette deed Changes of role: Meyns Koen Maximiliaan Johan (statutory director) and Meyns Tommy Hélaire Nelly (statutory director)“Transport: alle ondernemingen van vervoer, van welke aard ook, zo over de weg als per spoor, te water of in de…” (deed in Dutch)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as K. & T. MEYNS: support activities for crop production (NACE 01610). They are comparable in size and age: total assets between €1.1m and €1.7m, founded between 2001 and 2008.

CompanyTotal assetsGross margin
K. & T. MEYNS Torhout€1.3m€0.2m
VANDERSMISSEN Pepingen€1.3m€0.2m
GANFRACO Lichtervelde€1.7m€0.2m
KAPELLEHOF Langemark-Poelkapelle€1.7m€0.2m
MORLIMAT Alveringem€1.2m€0.2m
MARDEI Ypres€1.1m€0.3m
ENTREPRISE MAHIEU Frasnes-lez-Anvaing€1.2m€0.1m
Full comparison

Key facts about K. & T. MEYNS

What is the company number of K. & T. MEYNS?
The company number of K. & T. MEYNS is 0479.275.020. The VAT number is the same number with BE in front: BE 0479.275.020.
Where is K. & T. MEYNS based?
The registered office is at Kersouwkensstraat 13, 8820 Torhout.Company details
What does K. & T. MEYNS do?
According to the KBO register, the main activity is support activities for crop production (NACE 01610).
What is the legal form of K. & T. MEYNS?
K. & T. MEYNS is a private limited company (BV).
When was K. & T. MEYNS founded?
K. & T. MEYNS was founded on 21-01-2003.
Is K. & T. MEYNS still active?
Yes, K. & T. MEYNS is an active enterprise in the KBO register.
How many employees does K. & T. MEYNS have?
K. & T. MEYNS had an average of 0.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does K. & T. MEYNS fall under?
In its 2025 annual accounts, K. & T. MEYNS states joint committee 132 (Technical farming and horticulture work).
What is the turnover of K. & T. MEYNS?
The turnover in financial year 2025 is ≈ €510,000. This figure is estimated from the gross margin of €185,457 and 45 comparable companies (NACE 01). It probably lies between €340,000 and €760,000.
Is K. & T. MEYNS profitable?
In financial year 2025, K. & T. MEYNS made a profit of €9,607.
Where can I find the annual accounts of K. & T. MEYNS?
K. & T. MEYNS filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of K. & T. MEYNS due?
K. & T. MEYNS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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