MEERT INTERIEUR
ActiveSummary
MEERT INTERIEUR has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €901k and a net result of €117k. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 58% of 7445 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability77=
Solvency75▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.45 in 2023; short-term debt: 14.9% and cash: 2.4% of total assets), and 49.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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 2024Solvency, return and age of the figures
Solvency
50.2%
Return on assets
6.5%
Age of the figures
21 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-09-2025, 47 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
47 d late
2023
51 d early
2022
82 d early
2021
74 d early
2020
64 d early
2019
74 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€901k▲ 15.0%
2023 · €783k
2018: €555k
2019: €566k▲ +2.0% vs 2018
2020: €551k▼ -2.6% vs 2019lowest in 7 years
2021: €686k▲ +24.4% vs 2020
2022: €719k▲ +4.8% vs 2021
2023: €783k▲ +9.0% vs 2022
2024: €901k▲ +15.0% vs 2023highest in 7 years
2018 → 2024
Total assets
€1.79M▼ 3.0%
2023 · €1.85M
2018: €1.06M
2019: €1.04M▼ -1.4% vs 2018
2020: €970k▼ -7.0% vs 2019lowest in 7 years
2021: €1.70M▲ +75.8% vs 2020
2022: €1.81M▲ +6.0% vs 2021
2023: €1.85M▲ +2.4% vs 2022highest in 7 years
2024: €1.79M▼ -3.0% vs 2023
2018 → 2024
Net result
€117k▼ 4.2%
2023 · €122k
2018: €50k
2019: €11k▼ -78.4% vs 2018
2020: €-14k▼ -233% vs 2019lowest in 7 years
2021: €135k▲ +1029% vs 2020highest in 7 years
2022: €33k▼ -75.4% vs 2021
2023: €122k▲ +270% vs 2022
2024: €117k▼ -4.2% vs 2023
2018 → 2024
Working capital
€142k▼ 6.6%
2023 · €152k
2018: €246khighest in 7 years
2019: €238k▼ -3.4% vs 2018
2020: €112k▼ -52.8% vs 2019lowest in 7 years
2021: €113k▲ +0.6% vs 2020
2022: €117k▲ +3.6% vs 2021
2023: €152k▲ +30.2% vs 2022
2024: €142k▼ -6.6% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€551k-€686k▲ 24.4%€719k▲ 4.8%€783k▲ 9.0%€901k▲ 15.0%
2020: €551klowest in 5 years
2021: €686k▲ +24.4% vs 2020
2022: €719k▲ +4.8% vs 2021
2023: €783k▲ +9.0% vs 2022
2024: €901k▲ +15.0% vs 2023highest in 5 years
Operating result€-5k-€141k€46k▼ 67.3%€133k▲ 187%€155k▲ 16.6%
2020: €-5klowest in 5 years
2021: €141k▲ +3126% vs 2020
2022: €46k▼ -67.3% vs 2021
2023: €133k▲ +187% vs 2022
2024: €155k▲ +16.6% vs 2023highest in 5 years
Net result€-14k-€135k€33k▼ 75.4%€122k▲ 270%€117k▼ 4.2%
2020: €-14klowest in 5 years
2021: €135k▲ +1029% vs 2020highest in 5 years
2022: €33k▼ -75.4% vs 2021
2023: €122k▲ +270% vs 2022
2024: €117k▼ -4.2% vs 2023
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 17% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.79M
Fixed assets
€1.38M ▲ 2.0%
Current assets
€410k ▼ 16.8%
Equity and liabilities €1.79M
Equity
€901k ▲ 15.0%
Debt
€893k ▼ 16.3%
Debt's share of the balance-sheet total falls from 57.7% to 49.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€308k▲
2023 · €282k
Cash flow
€271k▼
2023 · €272k
Current ratio
1.53▲
2023 · 1.45
Quick ratio
1.34▲
2023 · 1.28
Debt to equity
0.99▼
2023 · 1.36
ROE
13.0%▼
2023 · 15.6%
ROA
6.5%▼
2023 · 6.6%
Interest coverage
27.01▼
2023 · 29.44
Debt ≤ 1 year
€267k▼
2023 · €340k
Debt > 1 year
€625k▼
2023 · €726k
Income taxes
€33k▲
2023 · €556
Staff costs
€440k▲
2023 · €330k
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 · 2024 against 2023 · 60 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.85M€1.79M▼
Fixed assets21/28€1.36M€1.38M▲
Tangible fixed assets22/27€1.36M€1.26M▼
Land and buildings22€1.18M€1.09M▼
Plant, machinery and equipment23€118k€79k▼
Furniture and vehicles24€62k€94k▲
Financial fixed assets28-€120k
Current assets29/58€493k€410k▼
Stocks and contracts in progress3€59k€52k▼
Stocks30/36€34k€39k▲
Contracts in progress37€25k€14k▼
Amounts receivable within one year40/41€179k€251k▲
Trade receivables40€117k€181k▲
Other amounts receivable41€61k€69k▲
Current investments50/53€60k€60k=
Cash at bank and in hand54/58€191k€44k▼
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.85M€1.79M▼
Equity10/15€783k€901k▲
Contributions10/11€31k€31k=
Reserves13€464k€869k▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€460k€866k▲
Profit (loss) carried forward14€288k-
Amounts payable17/49€1.07M€893k▼
Amounts payable after more than one year17€726k€625k▼
Financial debts170/4€726k€625k▼
Amounts payable within one year42/48€340k€267k▼
Current portion of amounts payable after more than one year42-€51k
Financial debts43€2k€2k▼
Credit institutions430/8€2k€2k▼
Trade debts44€237k€138k▼
Suppliers440/4€237k€138k▼
Taxes, remuneration and social security45€27k€20k▼
Taxes450/3€19k€4k▼
Remuneration and social security454/9€8k€16k▲
Other amounts payable47/48€74k€57k▼
Income statement
Code20232024
Non-recurring operating income76A€6k-
Remuneration, social security and pensions62€330k€440k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€150k€154k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4k
Other operating charges640/8€11k€21k▲
Gross operating margin9900€623k€773k▲
Operating profit (loss)9901€133k€155k▲
Financial income75/76B€50€8k▲
Recurring financial income75€50€8k▲
Financial charges65/66B€10k€11k▲
Recurring financial charges65€10k€11k▲
Profit (loss) for the period before taxes9903€123k€151k▲
Income taxes67/77€556€33k▲
Profit (loss) for the period9904€122k€117k▼
Profit (loss) for the period to be appropriated9905€122k€117k▼
Appropriation of the result
Profit (loss) to be appropriated9906€346k€406k▲
Profit (loss) brought forward from the previous period14P€224k€288k▲
Transfer to equity691/2-€406k
To other reserves6921-€406k
Profit to be distributed694/7€58k-
Return on contributions (dividend)694€58k-
Social balance
Average headcount (FTE)90876.16.0▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4k | €3k | €6k | - | - |
| Remuneration, social security and pensions62 | - | €268k | €292k | €330k | €440k | ▲ 33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €63k | €81k | €124k | €150k | €154k | ▲ 2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2k | - | - | €4k | - |
| Other operating charges640/8 | - | €11k | €12k | €11k | €21k | ▲ 87.9% |
| Non-recurring operating charges66A | - | €250 | €248 | - | - | - |
| Gross operating margin9900 | €292k | €504k | €474k | €623k | €773k | ▲ 24.0% |
| Operating profit (loss)9901 | €-5k | €141k | €46k | €133k | €155k | ▲ 16.6% |
| Financial income75/76B | - | €54 | €634 | €50 | €8k | ▲ 15,173% |
| Recurring financial income75 | €28 | €54 | €634 | €50 | €8k | ▲ 15,173% |
| Financial charges65/66B | - | €6k | €13k | €10k | €11k | ▲ 19.0% |
| Recurring financial charges65 | €4k | €6k | €13k | €10k | €11k | ▲ 19.0% |
| Profit (loss) for the period before taxes9903 | €-9k | €135k | €34k | €123k | €151k | ▲ 22.5% |
| Income taxes67/77 | €5k | €498 | €524 | €556 | €33k | ▲ 5,907% |
| Profit (loss) for the period9904 | €-14k | €135k | €33k | €122k | €117k | ▼ 4.2% |
| Profit (loss) for the period to be appropriated9905 | €-14k | €135k | €33k | €122k | €117k | ▼ 4.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €970k | €1.70M | €1.81M | €1.85M | €1.79M | ▼ 3.0% |
| Fixed assets21/28 | €515k | €1.26M | €1.38M | €1.36M | €1.38M | ▲ 2.0% |
| Tangible fixed assets22/27 | €515k | €1.26M | €1.38M | €1.36M | €1.26M | ▼ 6.9% |
| Land and buildings22 | - | €1.15M | €1.24M | €1.18M | €1.09M | ▼ 7.4% |
| Plant, machinery and equipment23 | - | €84k | €128k | €118k | €79k | ▼ 32.8% |
| Furniture and vehicles24 | - | €26k | €9k | €62k | €94k | ▲ 53.5% |
| Financial fixed assets28 | - | - | - | - | €120k | - |
| Current assets29/58 | €455k | €441k | €429k | €493k | €410k | ▼ 16.8% |
| Stocks and contracts in progress3 | €19k | €27k | €49k | €59k | €52k | ▼ 11.0% |
| Stocks30/36 | - | €22k | €29k | €34k | €39k | ▲ 14.0% |
| Contracts in progress37 | - | €5k | €20k | €25k | €14k | ▼ 45.3% |
| Amounts receivable within one year40/41 | €290k | €239k | €273k | €179k | €251k | ▲ 40.3% |
| Trade receivables40 | - | €165k | €209k | €117k | €181k | ▲ 54.6% |
| Other amounts receivable41 | - | €74k | €64k | €61k | €69k | ▲ 13.0% |
| Current investments50/53 | €64k | €64k | €60k | €60k | €60k | = |
| Cash at bank and in hand54/58 | €54k | €109k | €41k | €191k | €44k | ▼ 77.1% |
| Deferred charges and accrued income490/1 | - | €1k | €5k | €5k | €3k | ▼ 29.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €970k | €1.70M | €1.81M | €1.85M | €1.79M | ▼ 3.0% |
| Equity10/15 | €551k | €686k | €719k | €783k | €901k | ▲ 15.0% |
| Contributions10/11 | - | €31k | €31k | €31k | €31k | = |
| Reserves13 | €464k | €464k | €464k | €464k | €869k | ▲ 87.5% |
| Non-distributable reserves130/1 | - | €3k | €3k | €3k | €3k | = |
| Reserves not available under the articles1311 | - | €3k | €3k | €3k | €3k | = |
| Distributable reserves133 | - | €460k | €460k | €460k | €866k | ▲ 88.1% |
| Profit (loss) carried forward14 | €56k | €191k | €224k | €288k | - | - |
| Amounts payable17/49 | €419k | €1.02M | €1.09M | €1.07M | €893k | ▼ 16.3% |
| Amounts payable after more than one year17 | €76k | €691k | €775k | €726k | €625k | ▼ 13.9% |
| Financial debts170/4 | - | €691k | €775k | €726k | €625k | ▼ 13.9% |
| Amounts payable within one year42/48 | €342k | €328k | €312k | €340k | €267k | ▼ 21.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €51k | - |
| Financial debts43 | - | €2k | €2k | €2k | €2k | ▼ 32.0% |
| Credit institutions430/8 | - | €2k | €2k | €2k | €2k | ▼ 32.0% |
| Trade debts44 | €253k | €197k | €238k | €237k | €138k | ▼ 41.6% |
| Suppliers440/4 | - | €197k | €238k | €237k | €138k | ▼ 41.6% |
| Taxes, remuneration and social security45 | - | €21k | €23k | €27k | €20k | ▼ 26.3% |
| Taxes450/3 | - | €3k | €13k | €19k | €4k | ▼ 81.0% |
| Remuneration and social security454/9 | - | €18k | €10k | €8k | €16k | ▲ 110% |
| Other amounts payable47/48 | - | €108k | €49k | €74k | €57k | ▼ 23.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-14k | €135k | €33k | €122k | €117k | ▼ 4.2% |
| + Depreciation and write-downs630 | €63k | €81k | €124k | €150k | €154k | ▲ 2.6% |
| Operating cash flow (approximation) | €49k | €216k | €157k | €272k | €271k | ▼ 0.5% |
| Investment in fixed assets (approximation) | - | €-830k | €-237k | €-130k | €-181k | ▼ 39.3% |
| Change in cash | - | €55k | €-68k | €149k | €-147k | ▼ 198% |
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
2025
16-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 47 days late
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
10-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €135k
Net result €135k after one loss-making year.
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
18-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Hamme (Vl.) · 1 establishment unit since 1992
Ground area
4,741 m²
Building footprint
398 m²
Volume, LiDAR
1,865 m³
Parcel 42452C0057/00R000, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
MEERT EUROTRAPPEN NV
since 19922.056.528.573
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42452C0057/00R000 | Flanders | 4,741 m² | 1 · 398 m² | 6.5 m · 2 fl. |
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
2025 · 1 entry · 1,194 EUR awarded · 836 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,194 EUR | 836 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
1 live approvalInterieurbouwer duaal (so)
Legal Entity Identifier
984500685448DD9PMA59
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Of 20,018 companies in sector 43320 we hold annual accounts for 9,132. 4,656 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
Founded17-02-1992
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Scores and ratios are computed by Checked and are not a credit decision.