Meep
ActiveSummary
The annual accounts of Meep for fiscal year 2025 show a net loss of 51% of total assets and of 78% of the equity at the start of that year. The 2025 annual accounts show equity of €88,712 and a net result of -€317,358. Equity is shrinking by ~41.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 22% of 527 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency39▼-41
Growth32=
Track record94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.73 against 5.97 in 2024; short-term debt: 15.4% and cash: 36.1% of total assets), but 85.9% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Scientific research and development (NACE 72)
about 30% fewer bankruptcies
← 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
14.1%
Return on assets
-50.6%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year -€317,358
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 527 sector peers (2025).
NBB · sector comparisonPosition among 527 sector peers
Solvency
better than 22%
← weakest
strongest →
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 31-07-2026, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
5 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 13 days before the deadline, and 32% 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. Usually files around 30 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€88,712▼ 78.2%
2024 · €406,070
Total assets
€627,312▼ 15.0%
2024 · €737,651
Net result
-€317,358▲ 18.9%
2024 · -€391,321
Working capital
€166,740▼ 59.7%
2024 · €413,818
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 72, Scientific research and development, 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
Line202320242025
Operating result€189,518--€388,410-€324,197▲ 16.5%
Net result€193,366above the sector's middle half--€391,321below the sector's middle half-€317,358below the sector's middle half▲ 18.9%
Equity€422,689above the sector's middle half-€406,070above the sector's middle half▼ 3.9%€88,712within the sector's middle half▼ 78.2%
Total assets€785,357above the sector's middle half-€737,651above the sector's middle half▼ 6.1%€627,312within the sector's middle half▼ 15.0%
Debt€362,669-€331,581▼ 8.6%€538,600▲ 62.4%
Working capital€395,576above the sector's middle half-€413,818above the sector's middle half▲ 4.6%€166,740within the sector's middle half▼ 59.7%
Solvency53.8%within the sector's middle half-55.0%within the sector's middle half▲ 1.2pp14.1%below the sector's middle half▼ 40.9pp
Current ratio5.79within the sector's middle half-5.97within the sector's middle half▲ 0.182.73within the sector's middle half▼ 3.24
Return on assets (ROA)24.6%above the sector's middle half--53.0%below the sector's middle half▼ 77.7pp-50.6%below the sector's middle half▲ 2.5pp
Staff (FTE)1-1.9▲ 90.0%2.4▲ 26.3%
above
within
below
the middle half (P25 to P75) of NACE 72, Scientific research and development, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €324,197 in 2025 against €388,410 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €627,312
Fixed assets
€363,937 ▲ 51.3%
Current assets
€263,376 ▼ 47.0%
Equity and liabilities €627,312
Equity
€88,712 ▼ 78.2%
Debt
€538,600 ▲ 62.4%
Debt's share of the balance-sheet total rises from 45.0% to 85.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€231,915▲
2024 · -€316,751
Cash flow
-€225,076▲
2024 · -€319,662
Debt to equity
6.07▲
2024 · 0.82
ROE
-357.7%▼
2024 · -96.4%
Interest coverage
-184.97▼
2024 · -105.36
Debt ≤ 1 year
€96,636▲
2024 · €83,329
Debt > 1 year
€439,415▲
2024 · €245,000
Income taxes
-€6,451▼
2024 · €18
Staff costs
€141,044▲
2024 · €107,667
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,206 companies that looked in July 2024 the way this one looks now, 4.2% went bankrupt within 24 months and 90% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a loss of 10% of the balance sheet or more
4.2%
went bankrupt
4.1%
stopped otherwise
90%
still going
A further 1.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,662 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% | 1.7% |
| 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 75% 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 1,206 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 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €72,058 | €107,667 | €141,044 | ▲ 31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €55,032 | €71,659 | €92,282 | ▲ 28.8% |
| Other operating charges640/8 | €1,973 | €480 | €1,511 | ▲ 215% |
| Non-recurring operating charges66A | - | €88 | €0 | ▼ 100% |
| Gross operating margin9900 | €318,581 | -€208,516 | -€89,361 | ▲ 57.1% |
| Operating profit (loss)9901 | €189,518 | -€388,410 | -€324,197 | ▲ 16.5% |
| Financial income75/76B | €136 | €114 | €1,642 | ▲ 1,341% |
| Recurring financial income75 | €136 | €114 | €1,642 | ▲ 1,341% |
| Financial charges65/66B | €339 | €3,006 | €1,254 | ▼ 58.3% |
| Recurring financial charges65 | €339 | €3,006 | €1,254 | ▼ 58.3% |
| Profit (loss) for the period before taxes9903 | €189,316 | -€391,303 | -€323,809 | ▲ 17.2% |
| Income taxes67/77 | -€4,050 | €18 | -€6,451 | ▼ 35,027% |
| Profit (loss) for the period9904 | €193,366 | -€391,321 | -€317,358 | ▲ 18.9% |
| Profit (loss) for the period to be appropriated9905 | €193,366 | -€391,321 | -€317,358 | ▲ 18.9% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €785,357 | €737,651 | €627,312 | ▼ 15.0% |
| Fixed assets21/28 | €307,113 | €240,504 | €363,937 | ▲ 51.3% |
| Intangible fixed assets21 | €278,316 | €216,505 | €339,373 | ▲ 56.8% |
| Tangible fixed assets22/27 | €20,797 | €15,948 | €16,538 | ▲ 3.7% |
| Plant, machinery and equipment23 | €20,797 | €15,948 | €16,538 | ▲ 3.7% |
| Financial fixed assets28 | €8,000 | €8,050 | €8,025 | ▼ 0.3% |
| Current assets29/58 | €478,244 | €497,147 | €263,376 | ▼ 47.0% |
| Amounts receivable within one year40/41 | €76,216 | €31,938 | €29,654 | ▼ 7.2% |
| Trade receivables40 | €52,399 | €385 | €1,291 | ▲ 235% |
| Other amounts receivable41 | €23,817 | €31,553 | €28,363 | ▼ 10.1% |
| Cash at bank and in hand54/58 | €394,604 | €459,295 | €226,342 | ▼ 50.7% |
| Deferred charges and accrued income490/1 | €7,425 | €5,913 | €7,379 | ▲ 24.8% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €785,357 | €737,651 | €627,312 | ▼ 15.0% |
| Equity10/15 | €422,689 | €406,070 | €88,712 | ▼ 78.2% |
| Contributions10/11 | €229,322 | €604,025 | €604,025 | = |
| Profit (loss) carried forward14 | €193,366 | -€197,955 | -€515,313 | ▼ 160% |
| Amounts payable17/49 | €362,669 | €331,581 | €538,600 | ▲ 62.4% |
| Amounts payable after more than one year17 | €280,000 | €245,000 | €439,415 | ▲ 79.4% |
| Financial debts170/4 | €280,000 | €245,000 | €439,415 | ▲ 79.4% |
| Amounts payable within one year42/48 | €82,669 | €83,329 | €96,636 | ▲ 16.0% |
| Financial debts43 | - | €304 | €415 | ▲ 36.5% |
| Credit institutions430/8 | - | €304 | €415 | ▲ 36.5% |
| Trade debts44 | €82,454 | €69,814 | €80,395 | ▲ 15.2% |
| Suppliers440/4 | €82,454 | €69,814 | €80,395 | ▲ 15.2% |
| Taxes, remuneration and social security45 | - | €11,900 | €15,736 | ▲ 32.2% |
| Taxes450/3 | - | €61 | €0 | ▼ 100% |
| Remuneration and social security454/9 | - | €11,838 | €15,736 | ▲ 32.9% |
| Other amounts payable47/48 | €215 | €1,311 | €90 | ▼ 93.1% |
| Accrued charges and deferred income492/3 | - | €3,252 | €2,550 | ▼ 21.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €193,366 | -€391,321 | -€317,358 | ▲ 18.9% |
| + Depreciation and write-downs630 | €55,032 | €71,659 | €92,282 | ▲ 28.8% |
| Operating cash flow (approximation) | €248,398 | -€319,662 | -€225,076 | ▲ 29.6% |
| Investment in fixed assets (approximation) | - | -€5,050 | -€215,715 | ▼ 4,172% |
| Change in cash | - | €64,691 | -€232,952 | ▼ 460% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€391,321
Net result drops to -€391,321, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Gent · 1 establishment unit since 2022
Ground area
7,740 m²
Building footprint
3,094 m²
Parcel 44808H0364/00L004, Flanders. Linked by address, not a title deed.
39
companies at this address
See who is registered here
1 establishment unit
Meep
since 20222.331.489.327
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0364/00L004 | Flanders | 7,740 m² | 1 · 3,094 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 13 entries · 777,488 EUR awarded · 529,897 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 7 | 600 EUR | 184,505 EUR |
| 2024 | 4 | 356,748 EUR | 174,300 EUR |
| 2023 | 2 | 420,140 EUR | 171,092 EUR |
European research
2 projects · 521,954 EUR EU contributionProgrammes
Projects
Pilot Line for Photonics-Based Medical Devices
Photonics Solutions at Pilot Scale for Accelerated Medical Device Development
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Of 1,177 companies in sector 72109 we hold annual accounts for 717. 433 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
Founded15-04-2022
Fiscal year end31-12
Activities, NACEBEL 2025
72109Other research and development on natural sciences
20590Manufacture of chemicals and chemical products
Contact
E-mail
info@meep.bioGent
E-invoicing
Reachable via Peppol
Peppol ID
0208:0784887475
Also
9925:BE0784887475
Registered
18-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.