Meander
ActiveMeander has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €184k and a net result of €5k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 85% of 13044 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
83
/ 100
Excellent▼ -11 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability14▼-16
Solvency100▲+1
Growth52=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 1.94 in 2024), and 28.1% 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 →
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
71.9%
Return on assets
2%
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 13-06-2026, 48 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
48 d early
2024
35 d early
2023
64 d early
2022
40 d early
2021
29 d late
2020
5 d early
2019
45 d late
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€184k▼ 7.6%
2024 · €199k
2018: €155k
2019: €151k
2020: €170k
2021: €180k
2022: €176k
2023: €187k
2024: €199k
2018 → 2025
Total assets
€256k▼ 6.1%
2024 · €272k
2018: €355k
2019: €345k
2020: €361k
2021: €378k
2022: €253k
2023: €257k
2024: €272k
2018 → 2025
Net result
€5k▼ 56.9%
2024 · €12k
2018: €22k
2019: €-4k
2020: €19k
2021: €33k
2022: €-5k
2023: €12k
2024: €12k
2018 → 2025
Working capital
€76k▲ 15.5%
2024 · €66k
2018: €42k
2019: €25k
2020: €45k
2021: €72k
2022: €-4k
2023: €38k
2024: €66k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€180k-€176k▼ 2.6%€187k▲ 6.6%€199k▲ 6.3%€184k▼ 7.6%
Operating result€57k-€2k▼ 96.4%€22k▲ 948%€24k▲ 10.5%€15k▼ 39.6%
Net result€33k-€-5k€12k€12k▲ 2.8%€5k▼ 56.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 40% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €256k
Fixed assets
€110k▼ 19.1%
Current assets
€145k▲ 6.9%
Equity and liabilities €256k
Equity
€184k▼ 7.6%
Debt
€72k▼ 2.1%
The debt ratio rises from 26.9% to 28.1%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€41k▼
2024 · €49k
Cash flow
€31k▼
2024 · €37k
Solvency
71.9%▼
2024 · 73.1%
Current ratio
2.10▲
2024 · 1.94
Quick ratio
2.07▲
2024 · 1.91
Debt / equity
0.39▲
2024 · 0.37
ROE
2.8%▼
2024 · 6.0%
ROA
2.0%▼
2024 · 4.4%
Interest coverage
6.83▼
2024 · 7.11
Debt
€72k▼
2024 · €73k
Debt ≤ 1 year
€69k▼
2024 · €70k
Income taxes
€4k▼
2024 · €5k
Staff costs
€126▼
2024 · €687
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€272k€256k▼
Fixed assets21/28€136k€110k▼
Tangible fixed assets22/27€136k€110k▼
Plant, machinery and equipment23€18k€10k▼
Furniture and vehicles24€6k€802▼
Other tangible fixed assets26€112k€99k▼
Current assets29/58€136k€145k▲
Stocks and contracts in progress3€2k€2k▲
Stocks30/36€2k€2k▲
Amounts receivable within one year40/41€3k€7k▲
Other amounts receivable41€3k€7k▲
Cash at bank and in hand54/58€128k€135k▲
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€272k€256k▼
Equity10/15€199k€184k▼
Contributions10/11€130k€130k=
Reserves13€67k€52k▼
Distributable reserves133€67k€52k▼
Profit (loss) carried forward14€2k€2k▲
Amounts payable17/49€73k€72k▼
Amounts payable within one year42/48€70k€69k▼
Trade debts44€16k€2k▼
Suppliers440/4€16k€2k▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Other amounts payable47/48€52k€65k▲
Accrued charges and deferred income492/3€3k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€687€126▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€26k▲
Other operating charges640/8€942€971▲
Gross operating margin9900€51k€42k▼
Operating profit (loss)9901€24k€15k▼
Financial income75/76B€5€1▼
Recurring financial income75€5€1▼
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€17k€9k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€12k€5k▼
Profit (loss) for the period to be appropriated9905€12k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€7k▼
Profit (loss) brought forward from the previous period14P€2k€2k▲
Transfer to equity691/2€12k€5k▼
To other reserves6921€12k€5k▼
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
13-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-5k ▼114%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Highest result since 2018net €33k ▲72.1%
Operating result €57k, net result €33k, both a record.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 45 days late
2019
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
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, Huldenberg · 1 establishment unit since 2007
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.
Elzasstraat 133040 HuldenbergGround area
827 m²
Building footprint
247 m²
Volume, LiDAR
1,255 m³
Parcel 24045B0801/00S000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MEANDER
since 20072.164.906.772
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24045B0801/00S000 | Flanders | 827 m² | 1 · 247 m² | 9.2 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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteHuldenberg2.164.906.772
Similar companies · same sector, comparable size
2 MIE MAAN
BE 0821.592.473
Herselt · Eq €184k
Mission locale de Molenbeek
BE 0453.729.772
Sint-Jans-Molenbeek · Eq €184k
J.O.J.C.
BE 0867.170.201
Gent · Eq €184k
STEVA
BE 0865.376.788
Blankenberge · Eq €184k
BEJA
BE 0445.060.546
Brussel · Eq €184k
Of 20,234 companies in sector 56111 we hold annual accounts for 11,312. 8,629 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-08-2007
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.