MEERSSEN
ActiveSummary
MEERSSEN has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €554k and a net result of €258k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 1736 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-4
Solvency57▲+4
Growth72=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 0.0 in 2024; short-term debt: 10.2% of total assets), and 68% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
32%
Return on assets
14.9%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €554k
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
8 d early
2023
12 d early
2022
14 d early
2021
16 d early
2020
37 d early
2019
38 d early
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.14M▼ 5.3%
2019 · €1.20M
2018: €978k
2019: €1.20M
2018 → 2020
EBIT margin
-9.4%▼ 12.5pp
2019 · 3.1%
2018: -4.4%
2019: 3.1%
2018 → 2020
Net result
€258k▼ 19.5%
2024 · €321k
2018: €-64k
2019: €197
2020: €-150k
2021: €-199k
2022: €60k
2023: €21k
2024: €321k
2018 → 2025
Working capital
€67k
2024 · €-154k
2018: €-452k
2019: €-1.23M
2020: €-290k
2021: €-386k
2022: €-210k
2023: €-74k
2024: €-154k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€44k-€104k▲ 139%€125k▲ 20.1%€446k▲ 258%€554k▲ 24.3%
Operating result€-158k-€106k€126k▲ 19.7%€413k▲ 227%€350k▼ 15.3%
Net result€-199k-€60k€21k▼ 65.4%€321k▲ 1,439%€258k▼ 19.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.73M
Fixed assets
€1.49M ▼ 7.1%
Current assets
€244k ▲ 177,016%
Equity and liabilities €1.73M
Equity
€554k ▲ 24.3%
Debt
€1.18M ▲ 1.9%
Debt's share of the balance-sheet total falls from 72.1% to 68.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€463k▼
2024 · €529k
Cash flow
€371k▼
2024 · €437k
Current ratio
1.38▲
2024 · 0.00
Debt to equity
2.12▼
2024 · 2.59
ROE
46.6%▼
2024 · 72.0%
ROA
14.9%▼
2024 · 20.1%
Interest coverage
8.26▲
2024 · 5.64
Debt ≤ 1 year
€177k▲
2024 · €155k
Debt > 1 year
€1.00M=
2024 · €1.00M
Income taxes
€37k▲
2024 · €308
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.60M€1.73M▲
Fixed assets21/28€1.60M€1.49M▼
Tangible fixed assets22/27€1.60M€1.49M▼
Land and buildings22€1.53M€1.43M▼
Plant, machinery and equipment23€29k€22k▼
Other tangible fixed assets26€39k€36k▼
Financial fixed assets28€500€500=
Current assets29/58€138€244k▲
Amounts receivable within one year40/41-€243k
Trade receivables40-€111k
Other amounts receivable41-€133k
Deferred charges and accrued income490/1€138€601▲
Equity and liabilities
Total equity and liabilities10/49€1.60M€1.73M▲
Equity10/15€446k€554k▲
Contributions10/11€220k€220k=
Reserves13€22k€22k=
Distributable reserves133€22k€22k=
Profit (loss) carried forward14€204k€312k▲
Amounts payable17/49€1.15M€1.18M▲
Amounts payable after more than one year17€1.00M€1.00M=
Financial debts170/4€1.00M€1.00M=
Amounts payable within one year42/48€155k€177k▲
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45€29k€23k▼
Taxes450/3€29k€23k▼
Other amounts payable47/48€121k€150k▲
Income statement
Code20242025
Non-recurring operating income76A€848-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€115k€113k▼
Other operating charges640/8€22k€23k▲
Gross operating margin9900€551k€487k▼
Operating profit (loss)9901€413k€350k▼
Financial income75/76B€2k€863▼
Recurring financial income75€2k€863▼
Financial charges65/66B€94k€56k▼
Recurring financial charges65€94k€56k▼
Profit (loss) for the period before taxes9903€322k€295k▼
Income taxes67/77€308€37k▲
Profit (loss) for the period9904€321k€258k▼
Profit (loss) for the period to be appropriated9905€321k€258k▼
Appropriation of the result
Profit (loss) to be appropriated9906€204k€462k▲
Profit (loss) brought forward from the previous period14P€-117k€204k▲
Profit to be distributed694/7-€150k
Directors or managers695-€150k
The notes to these accounts (9 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity times 1547current ratio 1.38
Current ratio from 0.00 to 1.38.
31-12
Financial
Equity above €500kEq €554k ▲24.3%
4 profitable years in a row build equity to €554k.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €321k ▲1439%
Operating result €413k, net result €321k, both a record.
31-12
Financial
Equity above €200kEq €446k ▲258%
3 profitable years in a row build equity to €446k.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €60k
Net result €60k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €104k ▲139%
Equity rises from €44k to €104k.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €-199k
Net result drops to €-199k, the lowest in the series; recovery starts the following year.
Show earlier events
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €197
Net result €197 after one loss-making year.
15-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Wingene · 1 establishment unit since 1994
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.
Heremeersstraat 38750 WingeneGround area
1,159 m²
Building footprint
225 m²
Volume, LiDAR
998 m³
Parcel 37018A0514/00Z000, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Heremeersstraat 3, 8750 Wingene
since 19942.065.639.051
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37018A0514/00Z000 | Flanders | 1,159 m² | 1 · 225 m² | 6.5 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
2025 · 1 entry · 1,482 EUR awarded · 1,482 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,482 EUR | 1,482 EUR |
Schemes
Subsidie in het kader van land- en tuinbouwbeleid
Recognitions · licences · registrations
Food safety, FASFC
1 siteWingene2.065.639.051
Similar companies · same sector, comparable size
Ancyvan
BE 0413.034.413
Kortemark · Eq €548k
JIMALA
BE 0460.275.490
Bree · Eq €542k
KRIVA
BE 0458.874.435
Kortemark · Eq €538k
Ter Maene
BE 0871.615.472
Jabbeke · Eq €572k
HEEREVELD HOEVE
BE 0818.453.930
Riemst · Eq €575k
Of 902 companies in sector 01461 we hold annual accounts for 295. 247 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-02-1994
Fiscal year end31-12
Activities, NACEBEL 2025
01461Pig breeding farms
52100Warehousing and storage
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.