Méconium
ActiveSummary
Méconium has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €577,214 and a net result of -€30,934. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 87% of 2021 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability13▼-58
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 7.28 against 5.14 in 2024; short-term debt: 12.6% and cash: 81.5% of total assets), and 12.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% fewer 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
87.4%
Return on assets
-4.7%
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
2 d early
2023
30 d late
2022
26 d late
2021
26 d late
2020
32 d early
2019
26 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 9 days after the deadline; the sector median for financial year 2024 is 4 days before the deadline, and 38% 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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€30,934
2024 · €11,749
Working capital
€521,127▼ 15.4%
2024 · €615,978
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€45,329▲ 239%€42,288▼ 6.7%€228,157▲ 440%€19,548▼ 91.4%-€32,627
Net result€31,518above the sector's middle half▲ 420%€28,606above the sector's middle half▼ 9.2%€151,940above the sector's middle half▲ 431%€11,749within the sector's middle half▼ 92.3%-€30,934below the sector's middle half
Equity€445,853above the sector's middle half▲ 7.6%€474,458above the sector's middle half▲ 6.4%€626,398above the sector's middle half▲ 32.0%€638,147above the sector's middle half▲ 1.9%€577,214above the sector's middle half▼ 9.5%
Total assets€495,818above the sector's middle half▼ 7.7%€586,047above the sector's middle half▲ 18.2%€762,391above the sector's middle half▲ 30.1%€787,455above the sector's middle half▲ 3.3%€660,649above the sector's middle half▼ 16.1%
Debt€49,965▼ 59.3%€111,588▲ 123%€135,992▲ 21.9%€149,308▲ 9.8%€83,435▼ 44.1%
Working capital€420,605▲ 9.2%€416,628▼ 0.9%€583,514▲ 40.1%€615,978▲ 5.6%€521,127▼ 15.4%
Solvency89.9%above the sector's middle half▲ 12.8pp81.0%above the sector's middle half▼ 9.0pp82.2%above the sector's middle half▲ 1.2pp81.0%above the sector's middle half▼ 1.1pp87.4%above the sector's middle half▲ 6.3pp
Staff (FTE)1.7=1.7=1.7=1.7=1.7=
above
within
below
the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €32,627 after €19,548 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €660,649
Fixed assets
€56,536 ▲ 150%
Current assets
€604,113 ▼ 21.0%
Equity and liabilities €660,649
Equity
€577,214 ▼ 9.5%
Debt
€83,435 ▼ 44.1%
Debt's share of the balance-sheet total falls from 19.0% to 12.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€18,220▼
2024 · €40,963
Cash flow
-€16,527▼
2024 · €33,164
Current ratio
7.28▲
2024 · 5.14
Debt to equity
0.14▼
2024 · 0.23
ROE
-5.4%▼
2024 · 1.8%
ROA
-4.7%▼
2024 · 1.5%
Interest coverage
-46.01▼
2024 · 85.49
Debt ≤ 1 year
€82,985▼
2024 · €148,858
Income taxes
-€253▼
2024 · €10,319
Staff costs
€69,078▼
2024 · €71,310
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,916 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,916 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €44,871 | €49,463 | €55,089 | €71,310 | €69,078 | ▼ 3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,838 | €15,693 | €21,710 | €21,416 | €14,407 | ▼ 32.7% |
| Other operating charges640/8 | €1,773 | €3,344 | €2,042 | €1,769 | €2,346 | ▲ 32.6% |
| Gross operating margin9900 | €99,812 | €110,788 | €306,998 | €114,042 | €53,204 | ▼ 53.3% |
| Operating profit (loss)9901 | €45,329 | €42,288 | €228,157 | €19,548 | -€32,627 | ▼ 267% |
| Financial income75/76B | - | - | - | €2,999 | €1,837 | ▼ 38.8% |
| Recurring financial income75 | - | - | - | €2,999 | €1,837 | ▼ 38.8% |
| Financial charges65/66B | €456 | €422 | €438 | €479 | €396 | ▼ 17.3% |
| Recurring financial charges65 | €456 | €422 | €438 | €479 | €396 | ▼ 17.3% |
| Profit (loss) for the period before taxes9903 | €44,873 | €41,866 | €227,720 | €22,068 | -€31,186 | ▼ 241% |
| Income taxes67/77 | €13,356 | €13,260 | €75,780 | €10,319 | -€253 | ▼ 102% |
| Profit (loss) for the period9904 | €31,518 | €28,606 | €151,940 | €11,749 | -€30,934 | ▼ 363% |
| Profit (loss) for the period to be appropriated9905 | €31,518 | €28,606 | €151,940 | €11,749 | -€30,934 | ▼ 363% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €495,818 | €586,047 | €762,391 | €787,455 | €660,649 | ▼ 16.1% |
| Fixed assets21/28 | €25,248 | €57,830 | €42,885 | €22,619 | €56,536 | ▲ 150% |
| Tangible fixed assets22/27 | €24,998 | €57,580 | €42,635 | €22,369 | €56,286 | ▲ 152% |
| Plant, machinery and equipment23 | €14,061 | €12,938 | €13,089 | €7,834 | €5,162 | ▼ 34.1% |
| Furniture and vehicles24 | €10,937 | €44,642 | €29,546 | €14,535 | €51,125 | ▲ 252% |
| Financial fixed assets28 | €250 | €250 | €250 | €250 | €250 | = |
| Current assets29/58 | €470,570 | €528,216 | €719,506 | €764,836 | €604,113 | ▼ 21.0% |
| Amounts receivable within one year40/41 | €1,291 | €5,756 | €5,183 | €186,165 | €65,896 | ▼ 64.6% |
| Trade receivables40 | €1,291 | €3,376 | €3,277 | €186,165 | €65,896 | ▼ 64.6% |
| Other amounts receivable41 | - | €2,380 | €1,907 | - | - | - |
| Cash at bank and in hand54/58 | €468,147 | €520,905 | €712,653 | €577,404 | €538,217 | ▼ 6.8% |
| Deferred charges and accrued income490/1 | €1,132 | €1,555 | €1,669 | €1,268 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €495,818 | €586,047 | €762,391 | €787,455 | €660,649 | ▼ 16.1% |
| Equity10/15 | €445,853 | €474,458 | €626,398 | €638,147 | €577,214 | ▼ 9.5% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €49,370 | €77,970 | €227,970 | €239,670 | €209,670 | ▼ 12.5% |
| Non-distributable reserves130/1 | €30,620 | €59,220 | €209,220 | €220,920 | €190,920 | ▼ 13.6% |
| Reserves not available under the articles1311 | €620 | €620 | €620 | €620 | €620 | = |
| Own shares acquired1312 | €30,000 | €58,600 | €208,600 | €220,300 | €190,300 | ▼ 13.6% |
| Tax-exempt reserves132 | €18,750 | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Profit (loss) carried forward14 | €390,283 | €390,288 | €392,228 | €392,277 | €361,344 | ▼ 7.9% |
| Amounts payable17/49 | €49,965 | €111,588 | €135,992 | €149,308 | €83,435 | ▼ 44.1% |
| Amounts payable within one year42/48 | €49,965 | €111,588 | €135,992 | €148,858 | €82,985 | ▼ 44.3% |
| Trade debts44 | €5,018 | €16,419 | €16,627 | €10,691 | €30,529 | ▲ 186% |
| Suppliers440/4 | €5,018 | €16,419 | €16,627 | €10,691 | €30,529 | ▲ 186% |
| Taxes, remuneration and social security45 | €30,369 | €48,839 | €97,612 | €117,835 | €28,553 | ▼ 75.8% |
| Taxes450/3 | €27,461 | €44,757 | €93,956 | €111,097 | €24,622 | ▼ 77.8% |
| Remuneration and social security454/9 | €2,908 | €4,082 | €3,657 | €6,738 | €3,931 | ▼ 41.7% |
| Other amounts payable47/48 | €14,579 | €46,330 | €21,752 | €20,332 | €23,903 | ▲ 17.6% |
| Accrued charges and deferred income492/3 | - | - | - | €450 | €450 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,518 | €28,606 | €151,940 | €11,749 | -€30,934 | ▼ 363% |
| + Depreciation and write-downs630 | €7,838 | €15,693 | €21,710 | €21,416 | €14,407 | ▼ 32.7% |
| Operating cash flow (approximation) | €39,355 | €44,298 | €173,650 | €33,164 | -€16,527 | ▼ 150% |
| Investment in fixed assets (approximation) | - | -€48,275 | -€6,765 | -€1,150 | -€48,324 | ▼ 4,101% |
| Change in cash | - | €52,758 | €191,748 | -€135,250 | -€39,186 | ▲ 71.0% |
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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €151,940 ▲431%
Operating result €228,157, net result €151,940, both a record.
31-12
Financial
Equity above €500,000Eq €626,398 ▲32%
5 profitable years in a row build equity to €626,398.
26-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 26 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 9.42
Current ratio from 4.14 to 9.42; short-term debt falls from €122,842 to €49,965.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial
Back to profitnet €112,017
Net result €112,017 after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Hamois · 1 establishment unit since 2013
Ground area
325 m²
Building footprint
114 m²
Parcel 91092A0410/00R000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Méconium Sprl
since 20132.216.460.193
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91092A0410/00R000 | Wallonia | 325 m² | 1 · 114 m² | - |
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.
Similar companies · same sector, comparable size
JEAN D'ART
BE 0419.118.588
Lievegem · Eq €579,663
DENKMAL 15
BE 0872.489.957
Brugge · Eq €564,947
KUNSTGIETERIJ DE CLERCQ - GINSBERG
BE 0538.536.179
Gent · Eq €527,023
BRONS ATELIER
BE 0882.089.492
Zottegem · Eq €633,650
CELIDOR PROUVKENS CASTLE
BE 0704.877.125
Sint-Jans-Molenbeek · Eq €508,668
Of 6,649 companies in sector 90111 we hold annual accounts for 384. 154 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
Founded04-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
90111Literary creation
47690Retail sale of other cultural and recreation goods
47784Retail sale of souvenirs and religious articles
85599Other education
90120Visual arts creation
Contact
E-mail
stephanehalleux@hotmail.com
Phone
0494/844786
E-invoicing
Reachable via Peppol
Peppol ID
0208:0503867191
Registered
04-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.