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MeetDistrict Gent

Active
Public limited companyfounded 2015active for 11 yearsZwaanhofweg 10, 8900 Ieper, Belgium88 active companies are registered at this addressKBO/BCE: BE 0627.806.863
Summary

The computed 12-month bankruptcy probability of MeetDistrict Gent is 2.9% (moderate). The 2024 annual accounts show equity of €1.9m and a net result of -€889,627. Equity is shrinking by about 22% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 17% of 2,286 sector peers (NACE 82, financial year 2024). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Office administrative and support services
NACE 82100Other business support services NACE 82990
3rd largest company by total assets in Ypres, Administrative and support services sector2 sites
Size
€23.6mtotal assets 2024
Staff
3 FTE
Equity
€1.9m
Loss
-€889,627
Turnover not published (abbreviated format)
Financial health
49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.9%
Structure
Parent
GHELAMCO INVEST · 79.99%
  • GHEMICDirector · permanent representative Michael Gheysens
Accounts 73 days overdue1 of 10 deeds read
Why 49raises riskLiquidity: current ratio 0.20, cash €347,520Figures for financial year 2024 (filed 08-10-2025)1 financial year not filed after the legal deadline; latest accounts 69 days late; 2 of the last 3 latelowers riskSector: Office administrative, office support and other business support activities (NACE 82)Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 17% of its sector peers (NACE 82, micro)
Financial strength · tick = 2023
Weak
Solvency 33-3
equity 8.2% of total assets
Liquidity 26-3
short-term debt 51.9% · cash 1.5%
Profitability 26-13
return on assets -3.8%
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,623 companies, NACE 82, micro)
Last 24 months 11-2024: 2.1% 12-2024: 2.3%▲ +0.2 percentage points vs 11-2024 01-2025: 3.1%▲ +0.8 percentage points vs 12-2024 02-2025: 3.1%● unchanged vs 01-2025 03-2025: 3.1%● unchanged vs 02-2025 04-2025: 2.8%▼ -0.3 percentage points vs 03-2025 05-2025: 2.3%▼ -0.5 percentage points vs 04-2025 06-2025: 2.5%▲ +0.2 percentage points vs 05-2025 07-2025: 2.4%▼ -0.1 percentage points vs 06-2025 08-2025: 2.9%▲ +0.5 percentage points vs 07-2025 09-2025: 3.4%▲ +0.5 percentage points vs 08-2025 10-2025: 4.8%▲ +1.4 percentage points vs 09-2025highest value 11-2025: 1.2%▼ -3.6 percentage points vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026lowest value 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.4%▲ +0.2 percentage points vs 05-2026 07-2026: 1.5%▲ +0.1 percentage points vs 06-2026 08-2026: 1.9%▲ +0.4 percentage points vs 07-2026 09-2026: 2.1%▲ +0.2 percentage points vs 08-2026 10-2026: 2.9%▲ +0.8 percentage points vs 09-2026
Credit of up to €90,000 on 30-day terms, only on tighter conditions
Liquidity insufficient (current ratio 0.2, compared with 0.17 in 2023; short-term debt: 51.9% and cash: 1.5% of total assets), and 91.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 82, micro): better than 19% on solvency, 14% on liquidity, 18% on profitability and 17% on growth.

The bankruptcy probability was computed on 11-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Eight signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.20, cash €347,520
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 08-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 69 days late; 2 of the last 3 late
NBB · filings
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€889,627
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 2286 sector peers (2024).
NBB · sector comparison
Position among 2286 sector peers
Solvency
better than 17%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 73 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline12-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
69 days late
2023
266 days late
2022
4 days early
2021
18 days early
2020
18 days early
2019
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 47 days after the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Michael Gheysens (director)Appointment: GHEMIC BV (director) ·…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Risk: 7 loss-making years in a rowloss financial year 2024 -€889,627 View
  • Caution: Among the weakest 5% on net resultsector median €33,891 · 2,281 companies -€889,627 View
  • Caution: Accounts not fileddeadline was 31-07-2026 73 days late View
  • Caution: Board changedlatest change 30-01-2026 · 1 in office 1 joined · 1 left View
  • Controlled by GHELAMCO INVESTultimately: GHELAMCO GROUP 79.99% View
  • Positive: Result rose in 2024from -€1.7m to -€889,627 ▲ 46.3% View

By topic

Financials

Financial year
2024
Total assets
€23.6m
Loss
-€889,627
Solvency
8.2%
Go to Financials

Timeline

Events
14
Since
2016
  1. 27-07-2023Annual accounts filed
  2. 13-07-2022Annual accounts filed
  3. 13-07-2021Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Office administrative and support servicesNACE 82100
Founded
01-04-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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