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MEERTENS

Active
Private limited companyfounded 1989active for 36 yearsKoninginnelaan(E) 76, 3630 Maasmechelen, BelgiumKBO/BCE: BE 0438.851.259

From the official registers: KBO 36 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

MEERTENS has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €507,275 and a net result of -€36,184. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 68% of 13,716 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 16-11-1989 Normal situation
Activity
Wholesale of electrical household appliances and audio-video equipment NACE 46431and 3 others
Establishment unit
2.045.856.791 3630 Maasmechelen, since 04-12-1989
Financial year end
31 December
Peppol
Reachable since 26-03-2025

Board and ownership

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€10,234
▼ 92.7%
Turnover
≈ €100,000
estimated
Loss
€36,184
Equity
€507,275
▼ 6.7%
Total assets
€802,812
▼ 15.8%
Staff
≈ 0 FTE
estimated
Filed on 28-07-2026, 3 days before the deadlineat the National Bank
Score breakdownraises riskLoss of €36,184 (financial year 2025)lowers riskFounded in 1989Size: total assets €802,812Liquidity: current ratio 4.37, cash €288,627Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 88+6
equity 63.2% of total assets
Liquidity 95+10
short-term debt 8.2% · cash 36.0%
Profitability 17-50
return on assets -4.5%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €45,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.37 (3.27 in 2024), above the usual 1.5. Short-term debt is 8.2% and cash 36% of total assets. 36.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 69% of them on solvency, 92% on liquidity, 21% on profitability and 29% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Loss of €36,184 (financial year 2025)
NBB · annual accounts
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €802,812
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 4.37, cash €288,627
NBB · annual accounts
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 days early
2024
3 days early
2023
20 days early
2022
13 days early
2021
13 days early
2020
30 days late
2019
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €33,184 in 2024 -€36,184 View
  • Caution: Lower net result than 93% of companies in wholesale tradesector median €5,660 · 13,722 companies -€36,184 View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Comparable companies

These companies have the same main activity as MEERTENS: wholesale of electrical household appliances and audio-video equipment (NACE 46431). They are comparable in size and age: total assets between €469,000 and €1.7m, founded between 1987 and 1996.

CompanyTotal assetsGross margin
MEERTENS Maasmechelen€0.8m€0.01m
Yucco Zaventem€0.5m€0.02m
SENELTEC Dison€0.7m€0.01m
WALIM Ukkel€0.7m€0.02m
KENNES Bekkevoort€0.5m€0.006m
GREEN HILL ESTATE Oostende€1.7m€0.009m
ELECTRO CAILLET Antwerpen€0.5m€0.005m
Full comparison

Documents

Annual accounts at the NBB

All 36 annual accounts

Articles and registers

Key facts about MEERTENS

What is the company number of MEERTENS?
The company number of MEERTENS is 0438.851.259. The VAT number is the same number with BE in front: BE 0438.851.259.
Where is MEERTENS based?
The registered office is at Koninginnelaan(E) 76, 3630 Maasmechelen.Company details
What does MEERTENS do?
According to the KBO register, the main activity is wholesale of electrical household appliances and audio-video equipment (NACE 46431).
What is the legal form of MEERTENS?
The legal form of MEERTENS is Private limited company (BV).
When was MEERTENS founded?
MEERTENS was founded on 16-11-1989.
Is MEERTENS still active?
Yes, MEERTENS is an active enterprise in the KBO register.
How many employees does MEERTENS have?
MEERTENS had an average of 0.9 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of MEERTENS?
The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €10,234 and 41 comparable companies (NACE 464). It probably lies between €57,000 and €410,000. It is a rough estimate.
Is MEERTENS profitable?
In financial year 2025, MEERTENS made a loss of €36,184.
Where can I find the annual accounts of MEERTENS?
MEERTENS filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of MEERTENS due?
MEERTENS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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