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MEAS

Active
Private limited companyfounded 200521 yrs activeChemin de Kirchbusch 18, 4711 Lontzen, BelgiumKBO/BCE: BE 0871.591.718

MEAS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €180k and a net result of €46k. Equity is growing by ~19.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
77 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▲+7
Solvency76▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity short (current ratio 0.69 against 0.63 in 2023; short-term debt: 37.3% and cash: 14.1% of total assets), and 49.5% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 21 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
30 d early
2023
36 d early
2022
19 d early
2021
33 d early
2020
30 d early
2019
31 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, unclassified schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€46k▲ 49.9%
2023 · €31k
2018: €9k 2019: €15k 2020: €14k 2021: €3k 2022: €44k 2023: €31k
2018 → 2024
Working capital
€-42k▲ 12.1%
2023 · €-48k
2018: €6k 2019: €10k 2020: €-12k 2021: €-34k 2022: €-56k 2023: €-48k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€88k-€84k▼ 5.1%€125k▲ 48.9%€148k▲ 18.4%€180k▲ 22.1%
Operating result€37k-€23k▼ 36.1%€45k▲ 93.2%€50k▲ 10.9%€69k▲ 37.8%
Net result€14k-€3k▼ 78.9%€44k▲ 1,414%€31k▼ 29.7%€46k▲ 49.9%
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2020: €37k€37kNet result 2020: €14k€14kOperating result 2021: €23k€23kNet result 2021: €3k€3kOperating result 2022: €45k€45kNet result 2022: €44k€44kOperating result 2023: €50k€50kNet result 2023: €31k€31kOperating result 2024: €69k€69kNet result 2024: €46k€46k20202021202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 38% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €357k
Fixed assets €266k▼ 16.9%
Current assets €91k▲ 10.9%
Equity and liabilities €357k
Equity €180k▲ 22.1%
Provisions €8k=
Debt €169k▼ 31.5%
The debt ratio falls from 61.4% to 47.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€131k
2023 · €111k
Cash flow
€108k
2023 · €92k
Solvency
50.5%
2023 · 36.7%
Current ratio
0.69
2023 · 0.63
Quick ratio
0.69
2023 · 0.63
Debt / equity
0.94
2023 · 1.67
ROE
25.7%
2023 · 21.0%
ROA
13.0%
2023 · 7.7%
Interest coverage
61.29
2023 · 38.46
Debt
€169k
2023 · €247k
Debt ≤ 1 year
€133k
2023 · €130k
Debt > 1 year
€36k
2023 · €117k
Income taxes
€21k
2023 · €16k
Staff costs
€24k
2023 · €27k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€402k€357k
Fixed assets21/28€320k€266k
Intangible fixed assets21€168k€134k
Tangible fixed assets22/27€152k€131k
Land and buildings22€71k€69k
Plant, machinery and equipment23€8k€7k
Furniture and vehicles24€71k€53k
Other tangible fixed assets26€1k€1k=
Current assets29/58€82k€91k
Amounts receivable within one year40/41€30k€38k
Trade receivables40€29k€38k
Other amounts receivable41€1k-
Cash at bank and in hand54/58€49k€50k
Deferred charges and accrued income490/1€3k€3k
Equity and liabilities
Total equity and liabilities10/49€402k€357k
Equity10/15€148k€180k
Contributions10/11€19k€19k=
Reserves13€129k€162k
Tax-exempt reserves132€238€238=
Distributable reserves133€129k€161k
Provisions and deferred taxes16€8k€8k=
Provisions for liabilities and charges160/5€8k€8k=
Major repairs and maintenance162€8k€8k=
Amounts payable17/49€247k€169k
Amounts payable after more than one year17€117k€36k
Financial debts170/4€117k€36k
Amounts payable within one year42/48€130k€133k
Current portion of amounts payable after more than one year42€75k€75k
Trade debts44€5k€1k
Suppliers440/4€5k€1k
Taxes, remuneration and social security45€18k€14k
Taxes450/3€13k€9k
Remuneration and social security454/9€4k€5k
Other amounts payable47/48€32k€42k
Income statement Code20232024
Remuneration, social security and pensions62€27k€24k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€62k
Other operating charges640/8€7k€9k
Gross operating margin9900€144k€163k
Operating profit (loss)9901€50k€69k
Financial income75/76B€4€2
Recurring financial income75€4€2
Financial charges65/66B€3k€2k
Recurring financial charges65€3k€2k
Profit (loss) for the period before taxes9903€47k€67k
Income taxes67/77€16k€21k
Profit (loss) for the period9904€31k€46k
Profit (loss) for the period to be appropriated9905€31k€46k
Appropriation of the result
Profit (loss) to be appropriated9906€31k€46k
Transfer from equity791/2€8k€14k
Transfer to equity691/2€31k€46k
To other reserves6921€31k€46k
Profit to be distributed694/7€8k€14k
Return on contributions (dividend)694€8k€14k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · unclassified schema
2024
31-12
Financial Highest result since 2018net €46k ▲49.9%
Operating result €69k, net result €46k, both a record.
31-12
Financial Equity above €150kEq €180k ▲22.1%
7 profitable years in a row build equity to €180k.
25-06
NBB filing Annual accounts filed
fiscal year 2023 · unclassified schema
2023
12-07
NBB filing Annual accounts filed
fiscal year 2022 · unclassified schema
2022
31-12
Financial Equity above €100kEq €125k ▲48.9%
5 profitable years in a row build equity to €125k.
28-06
NBB filing Annual accounts filed
fiscal year 2021 · unclassified schema
2021
31-12
Financial Weakest financial yearnet €3k ▼78.9%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
01-07
NBB filing Annual accounts filed
fiscal year 2020 · unclassified schema
2020
30-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-06
NBB filing Annual accounts filed
fiscal year 2015 · full 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, Lontzen · 2 establishment units since 2005
establishment All 2 establishment units on the map
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.

Chemin de Kirchbusch 184711 Lontzen
Ground area
1,952 m²
Building footprint
386 m²
Volume, LiDAR
968 m³
2 parcels, Wallonia · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Chemin de Kirchbusch 18, 4711 Lontzen
NACE 85144
since 20052.230.644.860
MEAS PGMBH
Chemin de Rotsch 6, 4711 LontzenHuman health activities
since 20142.230.986.241
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63081B0074/00Y003 Wallonia 978 m² 1 · 134 m² 9.4 m · 2 fl.
63081D0104/00E000 Wallonia 974 m² 1 · 252 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 3,292 companies in sector 93110 we hold annual accounts for 1,492. 1,120 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-01-2005
Fiscal year end31-12
Activities, NACEBEL
93110Operation of sports facilities
86905Human health activities
86909Human health activities
86951Physiotherapy
86995Nutrition and dietetics services
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.