MAMERI
ActiveSummary
MAMERI has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61,428 and a net result of €14,703. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 81% of 28051 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability92▲+23
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 3.63 against 4.04 in 2024; short-term debt: 23.8% and cash: 72.4% of total assets), and 23.8% of the assets are financed with debt.
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Signals
Five 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
76.2%
Return on assets
18.2%
Age of the figures
9 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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
1 d early
2023
26 d early
2022
14 d early
2021
11 d early
2020
2 d late
2019
24 d late
← 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 13 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€61,428▲ 10.2%
2024 · €55,725
Total assets
€80,587▲ 15.3%
2024 · €69,870
Net result
€14,703▲ 15,149%
2024 · €96
Working capital
€50,333▲ 16.9%
2024 · €43,070
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€5,939▼ 55.3%€3,041▼ 48.8%€10,718▲ 252%€406▼ 96.2%€20,888▲ 5,051%
Net result€4,005▼ 58.2%€2,026▼ 49.4%€7,473▲ 269%€96▼ 98.7%€14,703▲ 15,149%
Equity€52,629▲ 8.2%€54,655▲ 3.8%€58,129▲ 6.4%€55,725▼ 4.1%€61,428▲ 10.2%
Total assets€62,845▲ 11.0%€61,442▼ 2.2%€76,669▲ 24.8%€69,870▼ 8.9%€80,587▲ 15.3%
Debt€10,216▲ 28.2%€6,787▼ 33.6%€18,540▲ 173%€14,145▼ 23.7%€19,159▲ 35.4%
Working capital€51,435▲ 7.2%€51,619▲ 0.4%€55,295▲ 7.1%€43,070▼ 22.1%€50,333▲ 16.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 5,051% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80,587
Fixed assets
€11,095 ▼ 12.3%
Current assets
€69,492 ▲ 21.5%
Equity and liabilities €80,587
Equity
€61,428 ▲ 10.2%
Debt
€19,159 ▲ 35.4%
Debt's share of the balance-sheet total rises from 20.2% to 23.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€23,280▲
2024 · €2,862
Cash flow
€17,095▲
2024 · €2,552
Current ratio
3.63▼
2024 · 4.04
Quick ratio
3.60▲
2024 · 3.56
Debt to equity
0.31▲
2024 · 0.25
ROE
23.9%▲
2024 · 0.2%
ROA
18.2%▲
2024 · 0.1%
Interest coverage
129.67▲
2024 · 14.32
Debt ≤ 1 year
€19,159▲
2024 · €14,145
Income taxes
€6,086▲
2024 · €324
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €486 | €648 | €921 | €2,456 | €2,392 | ▼ 2.6% |
| Other operating charges640/8 | €915 | €921 | €998 | €1,113 | €1,279 | ▲ 14.9% |
| Gross operating margin9900 | €7,340 | €4,610 | €12,637 | €3,975 | €24,559 | ▲ 518% |
| Operating profit (loss)9901 | €5,939 | €3,041 | €10,718 | €406 | €20,888 | ▲ 5,051% |
| Financial income75/76B | €13 | €5 | €194 | €336 | €188 | ▼ 44.2% |
| Recurring financial income75 | €13 | €5 | €194 | €336 | €188 | ▼ 44.2% |
| Financial charges65/66B | €74 | €91 | €174 | €321 | €287 | ▼ 10.6% |
| Recurring financial charges65 | €74 | €91 | €174 | €200 | €180 | ▼ 10.1% |
| Non-recurring financial charges66B | - | - | - | €121 | €107 | ▼ 11.3% |
| Profit (loss) for the period before taxes9903 | €5,879 | €2,955 | €10,738 | €421 | €20,789 | ▲ 4,840% |
| Income taxes67/77 | €1,874 | €929 | €3,265 | €324 | €6,086 | ▲ 1,776% |
| Profit (loss) for the period9904 | €4,005 | €2,026 | €7,473 | €96 | €14,703 | ▲ 15,149% |
| Transfer from tax-exempt reserves789 | €1,000 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €5,005 | €2,026 | €7,473 | €96 | €14,703 | ▲ 15,149% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €62,845 | €61,442 | €76,669 | €69,870 | €80,587 | ▲ 15.3% |
| Fixed assets21/28 | €1,194 | €3,037 | €2,834 | €12,656 | €11,095 | ▼ 12.3% |
| Tangible fixed assets22/27 | €1,144 | €2,987 | €2,784 | €12,606 | €11,045 | ▼ 12.4% |
| Land and buildings22 | - | - | - | €10,201 | €9,248 | ▼ 9.3% |
| Plant, machinery and equipment23 | €380 | €1,549 | €1,177 | €811 | €1,292 | ▲ 59.4% |
| Furniture and vehicles24 | €382 | €1,135 | €1,383 | €1,450 | €441 | ▼ 69.6% |
| Other tangible fixed assets26 | €383 | €303 | €224 | €144 | €64 | ▼ 55.4% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €61,651 | €58,406 | €73,835 | €57,215 | €69,492 | ▲ 21.5% |
| Stocks and contracts in progress3 | €8,776 | €1,492 | €956 | €6,810 | €480 | ▼ 92.9% |
| Stocks30/36 | €8,776 | €1,492 | €956 | €6,810 | €480 | ▼ 92.9% |
| Amounts receivable within one year40/41 | €5,484 | €10,329 | €2,609 | €12,919 | €8,431 | ▼ 34.7% |
| Trade receivables40 | €4,221 | €8,058 | €2,584 | €11,155 | €8,431 | ▼ 24.4% |
| Other amounts receivable41 | €1,263 | €2,271 | €25 | €1,764 | - | - |
| Cash at bank and in hand54/58 | €45,342 | €44,620 | €67,522 | €35,645 | €58,320 | ▲ 63.6% |
| Deferred charges and accrued income490/1 | €2,049 | €1,965 | €2,749 | €1,841 | €2,261 | ▲ 22.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €62,845 | €61,442 | €76,669 | €69,870 | €80,587 | ▲ 15.3% |
| Equity10/15 | €52,629 | €54,655 | €58,129 | €55,725 | €61,428 | ▲ 10.2% |
| Contributions10/11 | €14,683 | €14,683 | €14,683 | €14,683 | €14,683 | = |
| Reserves13 | €35,360 | €36,860 | €43,446 | €41,042 | €46,745 | ▲ 13.9% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €33,500 | €35,000 | €41,586 | €39,182 | €44,885 | ▲ 14.6% |
| Profit (loss) carried forward14 | €2,586 | €3,112 | - | - | - | - |
| Amounts payable17/49 | €10,216 | €6,787 | €18,540 | €14,145 | €19,159 | ▲ 35.4% |
| Amounts payable within one year42/48 | €10,216 | €6,787 | €18,540 | €14,145 | €19,159 | ▲ 35.4% |
| Trade debts44 | €2,430 | €3,801 | €3,289 | €1,808 | €1,182 | ▼ 34.6% |
| Suppliers440/4 | €2,430 | €3,801 | €3,289 | €1,808 | €1,182 | ▼ 34.6% |
| Taxes, remuneration and social security45 | €3,818 | €150 | €1,234 | €407 | €4,016 | ▲ 887% |
| Taxes450/3 | €3,818 | €150 | €1,234 | €407 | €4,016 | ▲ 887% |
| Other amounts payable47/48 | €3,967 | €2,836 | €14,017 | €11,930 | €13,961 | ▲ 17.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,005 | €2,026 | €7,473 | €96 | €14,703 | ▲ 15,149% |
| + Depreciation and write-downs630 | €486 | €648 | €921 | €2,456 | €2,392 | ▼ 2.6% |
| Operating cash flow (approximation) | €4,491 | €2,674 | €8,395 | €2,552 | €17,095 | ▲ 570% |
| Investment in fixed assets (approximation) | - | -€2,491 | -€718 | -€12,278 | -€831 | ▲ 93.2% |
| Change in cash | - | -€723 | €22,902 | -€31,877 | €22,675 | ▲ 171% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €14,703 ▲15,149%
Operating result €20,888, net result €14,703, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €96 ▼98.7%
Net result drops to €96, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-06
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
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2000
Ground area
473 m²
Building footprint
44 m²
Volume, LiDAR
402 m³
Parcel 92108B0218/00F007, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Raymond Museu(SS) 15, 5002 Namur
since 20002.093.696.795
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92108B0218/00F007 | Wallonia | 473 m² | 1 · 44 m² | 10.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 22,832 companies in sector 43211 we hold annual accounts for 10,328. 8,707 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-02-2000
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43310Plastering work
Scores and ratios are computed by Checked and are not a credit decision.