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MEETERN

Active
Private limited companyfounded 20196 yrs activeTervurenlaan 259, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0735.747.671
Summary

The computed 12-month bankruptcy probability of MEETERN is 3.7% (moderate). The 2024 annual accounts show negative equity (-€56,622) and a net result of -€26,696. Equity is shrinking by ~57.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 2278 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.06; short-term debt: 906.8% and cash: 42.5% of total assets), and equity is negative.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024
Solvency, return and age of the figures
Solvency
-806.8%
Return on assets
-380.4%
Age of the figures
21 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2021222324
2020 to 2024 · latest year -€56,622
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-08-2025, 6 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
6 d late
2023
85 d late
2022
427 d late
2021
29 d late
2020
41 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 118 days after the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MEETERN was incorporated on 7 October 2019 as a Private limited company.1 Total assets fell from EUR 7,868 in 2020 to EUR 7,018 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€56,622▼ 89.2%
2023 · -€29,926
Total assets
€7,018▲ 64.4%
2023 · €4,269
Net result
-€26,696▼ 337%
2023 · -€6,107
Working capital
-€59,838▼ 95.2%
2023 · -€30,654
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, 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
Line20202021202220232024
Operating result-€3,061--€8,277▼ 170%-€16,759▼ 102%-€5,429▲ 67.6%-€26,494▼ 388%
Net result-€3,198below the sector's middle half--€8,576below the sector's middle half▼ 168%-€17,045below the sector's middle half▼ 98.8%-€6,107below the sector's middle half▲ 64.2%-€26,696below the sector's middle half▼ 337%
Equity€1,802below the sector's middle half--€6,774below the sector's middle half-€23,819below the sector's middle half▼ 252%-€29,926below the sector's middle half▼ 25.6%-€56,622below the sector's middle half▼ 89.2%
Total assets€7,868below the sector's middle half-€11,990below the sector's middle half▲ 52.4%€7,424below the sector's middle half▼ 38.1%€4,269below the sector's middle half▼ 42.5%€7,018below the sector's middle half▲ 64.4%
Debt€6,066-€18,764▲ 209%€31,243▲ 66.5%€34,195▲ 9.4%€63,640▲ 86.1%
Working capital-€2,024below the sector's middle half--€13,892below the sector's middle half▼ 586%-€26,137below the sector's middle half▼ 88.1%-€30,654below the sector's middle half▼ 17.3%-€59,838below the sector's middle half▼ 95.2%
Solvency22.9%below the sector's middle half--56.5%below the sector's middle half▼ 79.4pp-320.8%below the sector's middle half▼ 264.3pp-806.8%below the sector's middle half
Current ratio0.67below the sector's middle half-0.26below the sector's middle half▼ 0.410.16below the sector's middle half▼ 0.100.06below the sector's middle half
Return on assets (ROA)-40.6%below the sector's middle half--71.5%below the sector's middle half▼ 30.9pp-229.6%below the sector's middle half▼ 158.1pp-380.4%below the sector's middle half
above within below the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, 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
-€30,000-€20,000-€10,000€0Operating result 2020: -€3,061-€3,061Net result 2020: -€3,198-€3,198Operating result 2021: -€8,277-€8,277Net result 2021: -€8,576-€8,576Operating result 2022: -€16,759-€16,759Net result 2022: -€17,045-€17,045Operating result 2023: -€5,429-€5,429Net result 2023: -€6,107-€6,107Operating result 2024: -€26,494-€26,494Net result 2024: -€26,696-€26,69620202021202220232024-€30,000-€20,000-€10,000€0Operating result 2022: -€16,759-€16,800Net result 2022: -€17,045-€17,000Operating result 2023: -€5,429-€5,430Net result 2023: -€6,107-€6,110Operating result 2024: -€26,494-€26,500Net result 2024: -€26,696-€26,700202220232024
The operating result stays negative: a loss of €26,494 in 2024 against €5,429 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €7,018
Fixed assets €3,216 ▲ 341%
Current assets €3,802 ▲ 7.4%
Key figures and ratios
2024 value · change against 2023
EBITDA
-€24,684▼
2023 · -€3,840
Cash flow
-€24,886▼
2023 · -€4,518
Debt to equity
-1.12
Interest coverage
-121.87▼
2023 · -5.66
Debt ≤ 1 year
€63,640▲
2023 · €34,195
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.3% went bankrupt
8.2% stopped otherwise
82% still going

A further 2.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.7% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 6,038 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 33 lines
Balance sheet Code20232024
Assets
Total assets20/58€4,269€7,018▲
Fixed assets21/28€729€3,216▲
Tangible fixed assets22/27€554€3,041▲
Furniture and vehicles24€554€3,041▲
Financial fixed assets28€175€175=
Current assets29/58€3,541€3,802▲
Amounts receivable within one year40/41€37€820▲
Trade receivables40-€484
Other amounts receivable41€37€336▲
Cash at bank and in hand54/58€3,504€2,982▼
Equity and liabilities
Total equity and liabilities10/49€4,269€7,018▲
Equity10/15-€29,926-€56,622▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€34,926-€61,622▼
Amounts payable17/49€34,195€63,640▲
Amounts payable within one year42/48€34,195€63,640▲
Trade debts44€1,500€307▼
Suppliers440/4€1,500€307▼
Taxes, remuneration and social security45€326€326=
Taxes450/3€326€326=
Other amounts payable47/48€32,369€63,007▲
Income statement Code20232024
Remuneration, social security and pensions62€223-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,589€1,810▲
Other operating charges640/8€384€387▲
Gross operating margin9900-€3,232-€24,296▼
Operating profit (loss)9901-€5,429-€26,494▼
Financial charges65/66B€678€203▼
Recurring financial charges65€678€203▼
Profit (loss) for the period before taxes9903-€6,107-€26,696▼
Profit (loss) for the period9904-€6,107-€26,696▼
Profit (loss) for the period to be appropriated9905-€6,107-€26,696▼
Appropriation of the result
Profit (loss) to be appropriated9906-€34,926-€61,622▼
Profit (loss) brought forward from the previous period14P-€28,819-€34,926▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€8,579€3,119€223--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€452€1,487€2,041€1,589€1,810▲ 13.9%
Other operating charges640/8-€1,043€348€384€387▲ 0.8%
Gross operating margin9900€757€2,831-€11,252-€3,232-€24,296▼ 652%
Operating profit (loss)9901-€3,061-€8,277-€16,759-€5,429-€26,494▼ 388%
Financial income75/76B-€4----
Recurring financial income75-€4----
Financial charges65/66B-€303€287€678€203▼ 70.1%
Recurring financial charges65€138€303€287€678€203▼ 70.1%
Profit (loss) for the period before taxes9903-€3,198-€8,576-€17,045-€6,107-€26,696▼ 337%
Profit (loss) for the period9904-€3,198-€8,576-€17,045-€6,107-€26,696▼ 337%
Profit (loss) for the period to be appropriated9905-€3,198-€8,576-€17,045-€6,107-€26,696▼ 337%
Line20202021202220232024Change
Assets
Total assets20/58€7,868€11,990€7,424€4,269€7,018▲ 64.4%
Fixed assets21/28€3,825€7,118€2,318€729€3,216▲ 341%
Tangible fixed assets22/27€3,650€4,183€2,143€554€3,041▲ 449%
Furniture and vehicles24-€4,183€2,143€554€3,041▲ 449%
Financial fixed assets28€175€2,935€175€175€175=
Current assets29/58€4,043€4,872€5,107€3,541€3,802▲ 7.4%
Amounts receivable within one year40/41€1,544€1,491€1,888€37€820▲ 2,112%
Trade receivables40--€416-€484-
Other amounts receivable41-€1,491€1,472€37€336▲ 806%
Cash at bank and in hand54/58€2,499€3,381€3,218€3,504€2,982▼ 14.9%
Equity and liabilities
Total equity and liabilities10/49€7,868€11,990€7,424€4,269€7,018▲ 64.4%
Equity10/15€1,802-€6,774-€23,819-€29,926-€56,622▼ 89.2%
Contributions10/11-€5,000€5,000€5,000€5,000=
Profit (loss) carried forward14-€3,198-€11,774-€28,819-€34,926-€61,622▼ 76.4%
Amounts payable17/49€6,066€18,764€31,243€34,195€63,640▲ 86.1%
Amounts payable within one year42/48€6,066€18,764€31,243€34,195€63,640▲ 86.1%
Trade debts44-€892€721€1,500€307▼ 79.5%
Suppliers440/4-€892€721€1,500€307▼ 79.5%
Taxes, remuneration and social security45-€10-€326€326=
Taxes450/3---€326€326=
Remuneration and social security454/9-€10----
Other amounts payable47/48-€17,861€30,522€32,369€63,007▲ 94.7%
Line20202021202220232024Change
Profit (loss) for the period9904-€3,198-€8,576-€17,045-€6,107-€26,696▼ 337%
+ Depreciation and write-downs630€452€1,487€2,041€1,589€1,810▲ 13.9%
Operating cash flow (approximation)-€2,746-€7,088-€15,005-€4,518-€24,886▼ 451%
Investment in fixed assets (approximation)--€4,780€2,760€0-€4,298-
Change in cash-€882-€162€285-€522▼ 283%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
06-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
31-12
Financial Weakest financial yearnet -€26,696
Net result drops to -€26,696, the lowest in the series.
24-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 85 days late
30-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 427 days late
2022
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
10-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 41 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Sint-Pieters-Woluwe · 2 establishment units since 2019
seat establishment All 2 establishment units on the map
Ground area
2,087 m²
Building footprint
328 m²
Volume, LiDAR
6,262 m³
2 parcels, Brussels, Wallonia · tallest building 27.4 m, ±8 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
2 establishment units
Meetern
Tervurenlaan 259, 1150 Sint-Pieters-WoluweComputing infrastructure, data processing, hosting and other information service activities
since 20192.300.050.736
MEETERN
Avenue des Combattants 31, 1340 Ottignies-Louvain-la-NeuveComputing infrastructure, data processing, hosting and other information service activities
since 20212.316.692.075
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
25083F0081/00D003 Wallonia 1,262 m² 1 · 114 m² 11.1 m · 3 fl.
21019A0201/00Z006 Brussels 825 m² 1 · 214 m² 27.4 m · 8 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 2,727 companies in sector 63100 we hold annual accounts for 1,274. 182 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
Founded07-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
63100Computing infrastructure, data processing, hosting and related activities
73300Public relations and communication consultancy
82300Organisation of conventions and trade shows
Contact
Website www.meetern.comOttignies-Louvain-la-Neuve
E-mail elisecogels@gmail.comOttignies-Louvain-la-Neuve
Phone +322495683298Ottignies-Louvain-la-Neuve
E-invoicing
Reachable via Peppol
Peppol ID 0208:0735747671
Also 9925:BE0735747671
Registered 19-01-2026

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.