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KARTONNAGEBEDRIJF MELS

Active
Private limited companyfounded 1997active for 29 yearsKapelanielaan 25, 9140 Temse, BelgiumKBO/BCE: BE 0459.786.235
Summary

KARTONNAGEBEDRIJF MELS has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €214,311 and a net result of -€20,127. Equity is growing by about 12% per year across the filed financial years. The computed 12-month bankruptcy probability is 1.4% (low).

Risk analysisFollow ReportCompare
KARTONNAGEBEDRIJF MELSActiveChecked score 62/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of paper and paper products
NACE 17210
1 site
Size
≈ €2.6mturnover 2026, estimated
Staff
14 FTE
Equity
€214,311
Loss
-€20,127
Turnover estimated from the gross margin
Financial health
62 Healthy Checked score 2026
Bankruptcy probabilitywithin 12 months
1.4%
Structure
Parent
IIke Mels · 100%
2026 accounts 158 days early2 of 5 deeds summarised
Why 62raises riskSector: Manufacture of paper and paper products (NACE 17)Equity €214,311 (21.3% of total assets)Size: 14 FTE, total assets €1.0mLiquidity: current ratio 0.88, cash €22,407, halvedShow the evidence

Checked score

Score 2026
62 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 12% of its sector peers (NACE 17, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 46-1
equity 21.3% of total assets
Liquidity 11-12
short-term debt 76.7% · cash 2.2%
Profitability 44+15
return on assets -2.0%
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (59 companies, NACE 17, small)
Last 24 months 11-2024: 0.5% 12-2024: 0.5%● unchanged vs 11-2024lowest value 01-2025: 1.2%▲ +0.7 percentage points vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.2%● unchanged vs 02-2025 04-2025: 1.2%● unchanged vs 03-2025 05-2025: 1.2%● unchanged vs 04-2025 06-2025: 1.4%▲ +0.2 percentage points vs 05-2025 07-2025: 1.4%● unchanged vs 06-2025 08-2025: 1.4%● unchanged vs 07-2025 09-2025: 1.4%● unchanged vs 08-2025 10-2025: 1.5%▲ +0.1 percentage points vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.4%▼ -0.1 percentage points vs 11-2025 01-2026: 1.6%▲ +0.2 percentage points vs 12-2025 02-2026: 2.4%▲ +0.8 percentage points vs 01-2026 03-2026: 2.8%▲ +0.4 percentage points vs 02-2026 04-2026: 3.7%▲ +0.9 percentage points vs 03-2026 05-2026: 3.7%● unchanged vs 04-2026 06-2026: 3.9%▲ +0.2 percentage points vs 05-2026highest value 07-2026: 1.4%▼ -2.5 percentage points vs 06-2026 08-2026: 1.4%● unchanged vs 07-2026 09-2026: 1.4%● unchanged vs 08-2026 10-2026: 1.4%● unchanged vs 09-2026
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.88, compared with 0.92 in 2024, below 1; short-term debt: 76.7% and cash: 2.2% of total assets), and 78.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 17, small): better than 12% on solvency, 4% on liquidity and 21% on profitability.

The bankruptcy probability was computed on 29-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
raises riskneutral
raises risk · Sector: Manufacture of paper and paper products (NACE 17)
KBO
raises risk · Equity €214,311 (21.3% of total assets)
NBB · annual accounts
raises risk · Size: 14 FTE, total assets €1.0m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.88, cash €22,407, halved
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2026 was due by 30-11-2026 and was filed on 25-06-2026, 158 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
158 days early
2024
58 days early
2023
26 days early
2022
53 days early
2021
on the day
2020
58 days early
2019
53 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 58 days before the deadline; the sector median (NACE 17) for financial year 2024 is 13 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · abbreviated…
  2. Algemene Vergadering - BoekjaarAmendment of the articles ·…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by IIke Mels 100% View
  • Caution: 2 loss-making years in a rowloss financial year 2026 -€20,127 View
  • Flemish supportawarded from 2022 to 2025 €53,448 View

By topic

Financials

Financial year
2026
Total assets
€1.0m
Loss
-€20,127
Solvency
21.3%
Total assets▼ 3.6%
Net result
20192026
Go to Financials

Timeline

Events
33
Since
1998
  1. 30-06-2024Weakest financial year
  2. 05-01-2024Annual accounts filed
  3. 09-12-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of paper and paper productsNACE 17210
Founded
10-01-1997
Year ends
30-04
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
5
Annual meeting
First Tuesday of October at 14:00
Purpose
“De bewerking, fabricatie en handel van papier, plastische stoffen en alle andere…” (deed in Dutch)
Go to Articles of association

Key facts about KARTONNAGEBEDRIJF MELS

What is the company number of KARTONNAGEBEDRIJF MELS?
0459.786.235. In Belgium the VAT number is the company number with BE in front: BE 0459.786.235.
Where is KARTONNAGEBEDRIJF MELS based?
The registered office is at Kapelanielaan 25, 9140 Temse.Company details
What does KARTONNAGEBEDRIJF MELS do?
According to the KBO register, the main activity is manufacture of paper and paper products (NACE 17210).
What is the legal form of KARTONNAGEBEDRIJF MELS?
Private limited company (BV).
When was KARTONNAGEBEDRIJF MELS founded?
On 10-01-1997.
Is KARTONNAGEBEDRIJF MELS still active?
Yes, KARTONNAGEBEDRIJF MELS is an active enterprise in the KBO register.
How many employees does KARTONNAGEBEDRIJF MELS have?
On average 14 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of KARTONNAGEBEDRIJF MELS?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is KARTONNAGEBEDRIJF MELS profitable?
In financial year 2026, KARTONNAGEBEDRIJF MELS made a loss of €20,127.
Where can I find the annual accounts of KARTONNAGEBEDRIJF MELS?
KARTONNAGEBEDRIJF MELS filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2026.

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