M.E.L.
ActiveM.E.L. has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €55k and a net result of €-12k. Equity is growing by ~25.4% per year across the filed fiscal years. Its solvency ranks better than 46% of 17964 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-1
Solvency35▼-1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity short (current ratio 0.19 against 0.33 in 2024), and 70.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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 · 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 2025Solvency, return and age of the figures
Solvency
29.5%
Return on assets
-6.6%
Age of the figures
8 mo
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
9 d early
2023
15 d early
2022
12 d early
2021
11 d early
2020
10 d early
2019
11 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€55k▼ 18.2%
2024 · €67k
2018: €-26k
2019: €-11k
2020: €19k
2021: €54k
2022: €67k
2023: €67k
2024: €67k
2018 → 2025
Total assets
€185k▼ 17.4%
2024 · €224k
2018: €345k
2019: €351k
2020: €344k
2021: €332k
2022: €296k
2023: €273k
2024: €224k
2018 → 2025
Net result
€-12k
2024 · €70
2018: €6k
2019: €15k
2020: €30k
2021: €35k
2022: €13k
2024: €70
2018 → 2025
Working capital
€-106k▼ 16.2%
2024 · €-91k
2018: €-130k
2019: €-126k
2020: €-99k
2021: €-94k
2022: €-86k
2023: €-84k
2024: €-91k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€67k▲ 24.2%€67k=€67k▲ 0.1%€55k▼ 18.2%
Operating result€56k-€26k▼ 53.2%€4k▼ 86.4%€4k▲ 21.4%€-10k
Net result€35k-€13k▼ 63.0%€70€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10k after €4k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €185k
Fixed assets
€161k▼ 10.4%
Current assets
€24k▼ 45.3%
Equity and liabilities €185k
Equity
€55k▼ 18.2%
Debt
€131k▼ 17.1%
The debt ratio rises from 70.2% to 70.5%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€9k▼
2024 · €21k
Cash flow
€7k▼
2024 · €17k
Solvency
29.5%▼
2024 · 29.8%
Current ratio
0.19▼
2024 · 0.33
Quick ratio
0.19▼
2024 · 0.33
Debt / equity
2.39▲
2024 · 2.36
ROE
-22.3%▼
2024 · 0.1%
ROA
-6.6%▼
2024 · 0.0%
Interest coverage
5.54▼
2024 · 9.87
Debt
€131k▼
2024 · €158k
Debt ≤ 1 year
€131k▼
2024 · €136k
Income taxes
€700▼
2024 · €2k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€224k€185k▼
Fixed assets21/28€180k€161k▼
Tangible fixed assets22/27€180k€161k▼
Land and buildings22€163k€152k▼
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€10k€5k▼
Current assets29/58€45k€24k▼
Amounts receivable within one year40/41€35k€21k▼
Trade receivables40€28k€169▼
Other amounts receivable41€7k€21k▲
Cash at bank and in hand54/58€10k€3k▼
Equity and liabilities
Total equity and liabilities10/49€224k€185k▼
Equity10/15€67k€55k▼
Contributions10/11€19k€19k=
Reserves13€48k€48k=
Distributable reserves133€48k€48k=
Profit (loss) carried forward14-€-12k
Amounts payable17/49€158k€131k▼
Amounts payable after more than one year17€21k-
Financial debts170/4€21k-
Amounts payable within one year42/48€136k€131k▼
Current portion of amounts payable after more than one year42€21k€21k▲
Trade debts44€14k€53▼
Suppliers440/4€14k€53▼
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Other amounts payable47/48€100k€108k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€19k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€24k€12k▼
Operating profit (loss)9901€4k€-10k▼
Financial income75/76B€7-
Recurring financial income75€7-
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€2k€-11k▼
Income taxes67/77€2k€700▼
Profit (loss) for the period9904€70€-12k▼
Profit (loss) for the period to be appropriated9905€70€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€70€-12k▼
Transfer to equity691/2€70-
To other reserves6921€70-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-12k ▼17491%
Net result drops to €-12k, the lowest in the series.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €35k ▲17.1%
Operating result €56k, net result €35k, both a record.
21-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Lebbeke · 1 establishment unit since 2011
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.
Brusselsesteenweg 199280 LebbekeGround area
192 m²
Building footprint
123 m²
Volume, LiDAR
932 m³
Parcel 42011A0886/00E000, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
M.E.L. BVBA
since 20112.204.405.964
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42011A0886/00E000 | Flanders | 192 m² | 1 · 123 m² | 10.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 519 companies in sector 47714 we hold annual accounts for 263. 225 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-10-2011
Fiscal year end31-12
Activities, NACEBEL
47714Retail trade
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.