MEEUS HOUTCONSTRUCTIES
ActiveMEEUS HOUTCONSTRUCTIES has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €279k and a net result of €37k. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 20% of 7760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-1
Solvency44▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity short (current ratio 0.93 against 0.97 in 2024; short-term debt: 41.7% and cash: 0.5% of total assets), and 81.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
18.9%
Return on assets
2.5%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 7760 sector peers (2025).
NBB · sector comparisonPosition among 7760 sector peers
Solvency
better than 20%
← weakest
strongest →
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 07-05-2026, 85 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
85 d early
2024
8 d early
2023
58 d early
2022
56 d early
2021
69 d early
2020
81 d early
2019
42 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€279k▲ 15.2%
2024 · €242k
2018: €84k
2019: €110k
2020: €139k
2021: €169k
2022: €187k
2023: €210k
2024: €242k
2018 → 2025
Total assets
€1.48M▼ 2.9%
2024 · €1.52M
2018: €788k
2019: €883k
2020: €1.03M
2021: €1.03M
2022: €1.04M
2023: €1.24M
2024: €1.52M
2018 → 2025
Net result
€37k▲ 14.6%
2024 · €32k
2018: €11k
2019: €27k
2020: €32k
2021: €32k
2022: €18k
2023: €23k
2024: €32k
2018 → 2025
Working capital
€-41k▼ 116%
2024 · €-19k
2018: €-21k
2019: €-30k
2020: €-28k
2021: €-30k
2022: €-60k
2023: €81k
2024: €-19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€169k-€187k▲ 10.7%€210k▲ 12.1%€242k▲ 15.3%€279k▲ 15.2%
Operating result€58k-€39k▼ 33.8%€56k▲ 45.9%€76k▲ 35.5%€88k▲ 14.6%
Net result€32k-€18k▼ 42.6%€23k▲ 24.9%€32k▲ 41.7%€37k▲ 14.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 15% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.48M
Fixed assets
€901k▼ 1.5%
Current assets
€574k▼ 5.1%
Equity and liabilities €1.48M
Equity
€279k▲ 15.2%
Debt
€1.20M▼ 6.4%
The debt ratio falls from 84.1% to 81.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€181k▲
2024 · €161k
Cash flow
€130k▲
2024 · €116k
Solvency
18.9%▲
2024 · 15.9%
Current ratio
0.93▼
2024 · 0.97
Quick ratio
0.08▼
2024 · 0.22
Debt / equity
4.29▼
2024 · 5.28
ROE
13.2%▼
2024 · 13.3%
ROA
2.5%▲
2024 · 2.1%
Interest coverage
4.36▼
2024 · 4.56
Debt
€1.20M▼
2024 · €1.28M
Debt ≤ 1 year
€615k▼
2024 · €624k
Debt > 1 year
€553k▼
2024 · €580k
Income taxes
€10k▼
2024 · €11k
Staff costs
€391k▼
2024 · €398k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.52M€1.48M▼
Fixed assets21/28€915k€901k▼
Tangible fixed assets22/27€915k€901k▼
Land and buildings22€522k€500k▼
Plant, machinery and equipment23€179k€130k▼
Furniture and vehicles24€10k€62k▲
Leasing and similar rights25€10k€7k▼
Other tangible fixed assets26-€202k
Assets under construction and advance payments27€194k-
Financial fixed assets28€165€165=
Current assets29/58€605k€574k▼
Stocks and contracts in progress3€464k€522k▲
Stocks30/36€464k€522k▲
Amounts receivable within one year40/41€52k€35k▼
Trade receivables40€41k€32k▼
Other amounts receivable41€11k€3k▼
Cash at bank and in hand54/58€77k€7k▼
Deferred charges and accrued income490/1€11k€10k▼
Equity and liabilities
Total equity and liabilities10/49€1.52M€1.48M▼
Equity10/15€242k€279k▲
Contributions10/11€45k€45k=
Reserves13€197k€234k▲
Distributable reserves133€197k€234k▲
Amounts payable17/49€1.28M€1.20M▼
Amounts payable after more than one year17€580k€553k▼
Financial debts170/4€580k€553k▼
Amounts payable within one year42/48€624k€615k▼
Current portion of amounts payable after more than one year42€76k€81k▲
Financial debts43€311k€294k▼
Credit institutions430/8€311k€294k▼
Trade debts44€149k€127k▼
Suppliers440/4€149k€127k▼
Taxes, remuneration and social security45€34k€58k▲
Taxes450/3€7k€25k▲
Remuneration and social security454/9€27k€33k▲
Other amounts payable47/48€55k€55k▲
Accrued charges and deferred income492/3€74k€29k▼
Income statement
Code20242025
Non-recurring operating income76A€41k-
Remuneration, social security and pensions62€398k€391k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84k€93k▲
Other operating charges640/8€9k€14k▲
Non-recurring operating charges66A€91-
Gross operating margin9900€568k€585k▲
Operating profit (loss)9901€76k€88k▲
Financial income75/76B€1k€878▼
Recurring financial income75€1k€878▼
Financial charges65/66B€35k€41k▲
Recurring financial charges65€35k€41k▲
Profit (loss) for the period before taxes9903€43k€47k▲
Income taxes67/77€11k€10k▼
Profit (loss) for the period9904€32k€37k▲
Profit (loss) for the period to be appropriated9905€32k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€32k€37k▲
Transfer to equity691/2€32k€37k▲
To other reserves6921€32k€37k▲
Social balance
Average headcount (FTE)90875.55.2▼
The notes to these accounts (10 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
07-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €37k ▲14.6%
Operating result €88k, net result €37k, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €200kEq €210k ▲12.1%
6 profitable years in a row build equity to €210k.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €150kEq €169k ▲21.6%
4 profitable years in a row build equity to €169k.
11-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €110k ▲31.7%
2 profitable years in a row build equity to €110k.
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Retie · 1 establishment unit since 2013
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.
Kelderbeemd 182470 RetieGround area
3,482 m²
Building footprint
1,204 m²
Parcel 13036B0298/00F000, Flanders. Linked by address, not a title deed.
1 establishment unit
Tuinpoorten Meeus
since 20132.220.117.489
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13036B0298/00F000 | Flanders | 3,482 m² | 1 · 1,204 m² | - |
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
2022 to 2025 · 2 entries · 723 EUR awarded · 723 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 540 EUR | 540 EUR |
| 2022 | 1 | 183 EUR | 183 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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ALGEMENE SCHRIJNWERKERIJ VERBESSELT
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 6,993 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-06-2013
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.