MAGAZIJN MEERHOUT
ActiveThe computed 12-month bankruptcy probability of MAGAZIJN MEERHOUT is 1.9% (moderate). The 2025 annual accounts show equity of €45k and a net result of €-36k. Equity is growing by ~47.9% per year across the filed fiscal years. Its solvency ranks better than 48% of 13306 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-80
Solvency54▼-22
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.86 against 1.51 in 2024; short-term debt: 71.4% and cash: 42.3% of total assets), and 71.4% 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
28.6%
Return on assets
-23%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-09-2026, 47 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
47 d late
2024
27 d late
2023
70 d late
2022
31 d late
2021
2 d early
2020
20 d late
2019
92 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€45k▼ 44.6%
2024 · €81k
2019: €-7k
2020: €-12k
2021: €30k
2022: €35k
2023: €66k
2024: €81k
2019 → 2025
Total assets
€157k▼ 1.8%
2024 · €160k
2019: €8k
2020: €83k
2021: €119k
2022: €121k
2023: €137k
2024: €160k
2019 → 2025
Net result
€-36k
2024 · €15k
2019: €-22k
2020: €-11k
2021: €43k
2022: €5k
2023: €31k
2024: €15k
2019 → 2025
Working capital
€-16k
2024 · €40k
2019: €-11k
2020: €-71k
2021: €-25k
2022: €-11k
2023: €24k
2024: €40k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€30k-€35k▲ 15.8%€66k▲ 88.5%€81k▲ 22.1%€45k▼ 44.6%
Operating result€43k-€7k▼ 84.4%€38k▲ 463%€24k▼ 36.9%€-32k
Net result€43k-€5k▼ 88.7%€31k▲ 549%€15k▼ 52.9%€-36k
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 €32k after €24k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €157k
Fixed assets
€60k▲ 47.2%
Current assets
€97k▼ 18.7%
Equity and liabilities €157k
Equity
€45k▼ 44.6%
Debt
€112k▲ 42.1%
The debt ratio rises from 49.4% to 71.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-21k▼
2024 · €35k
Cash flow
€-26k▼
2024 · €26k
Solvency
28.6%▼
2024 · 50.6%
Current ratio
0.86▼
2024 · 1.51
Quick ratio
0.72▼
2024 · 1.26
Debt / equity
2.50▲
2024 · 0.98
ROE
-80.6%▼
2024 · 18.1%
ROA
-23.0%▼
2024 · 9.2%
Interest coverage
-4.53▼
2024 · 10.30
Debt
€112k▲
2024 · €79k
Debt ≤ 1 year
€112k▲
2024 · €79k
Income taxes
€141▼
2024 · €6k
Staff costs
€390k▲
2024 · €378k
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€160k€157k▼
Fixed assets21/28€41k€60k▲
Intangible fixed assets21€25k€20k▼
Tangible fixed assets22/27€16k€41k▲
Plant, machinery and equipment23€12k€8k▼
Furniture and vehicles24€4k€3k▼
Other tangible fixed assets26-€30k
Current assets29/58€119k€97k▼
Stocks and contracts in progress3€19k€16k▼
Stocks30/36€19k€16k▼
Amounts receivable within one year40/41€13k€14k▲
Trade receivables40€1k€2k▲
Other amounts receivable41€12k€12k▼
Cash at bank and in hand54/58€87k€67k▼
Equity and liabilities
Total equity and liabilities10/49€160k€157k▼
Equity10/15€81k€45k▼
Contributions10/11€19k€19k=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€60k€24k▼
Amounts payable17/49€79k€112k▲
Amounts payable within one year42/48€79k€112k▲
Trade debts44€43k€72k▲
Suppliers440/4€43k€72k▲
Taxes, remuneration and social security45€35k€27k▼
Taxes450/3€19k€10k▼
Remuneration and social security454/9€16k€17k▲
Other amounts payable47/48€2k€13k▲
Income statement
Code20242025
Remuneration, social security and pensions62€378k€390k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▼
Other operating charges640/8€5k€5k▲
Gross operating margin9900€418k€375k▼
Operating profit (loss)9901€24k€-32k▼
Financial income75/76B€147€187▲
Recurring financial income75€147€187▲
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€21k€-36k▼
Income taxes67/77€6k€141▼
Profit (loss) for the period9904€15k€-36k▼
Profit (loss) for the period to be appropriated9905€15k€-36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€60k€24k▼
Profit (loss) brought forward from the previous period14P€45k€60k▲
The notes to these accounts (10 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
16-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 47 days late
2025
31-12
Financial
Weakest financial yearnet €-36k ▼347%
Net result drops to €-36k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 70 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €43k
Net result €43k after 2 loss-making years.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
12-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
13-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
14-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Meerhout · 1 establishment unit since 2015
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.
Gasthuisstraat 12450 MeerhoutGround area
998 m²
Building footprint
438 m²
Volume, LiDAR
3,025 m³
Parcel 13021B0881/00F000, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Magazijn
since 20152.240.697.030
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13021B0881/00F000 | Flanders | 998 m² | 1 · 438 m² | 11.2 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMeerhout2.240.697.030
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Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 4,094 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-03-2015
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.