Meeus Renaat
ActiveMeeus Renaat has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €80k and a net result of €32k. Equity is growing by ~49% per year across the filed fiscal years. Its solvency ranks better than 50% of 1632 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability92▲+74
Solvency71▲+10
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days only on tighter terms
Liquidity ample (current ratio 1.99 against 1.65 in 2023; short-term debt: 39.5% and cash: 3.4% of total assets), but 53.6% of the assets are financed with debt.
Credit advice 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 33
Relative position
BE, all sectors
reference
Sector 33
higher
← 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
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-12-2025, 127 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
127 d late
2023
92 d late
2022
100 d late
2021
31 d late
2020
88 d late
2019
10 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€80k▲ 65.8%
2023 · €48k
2018: €17k
2019: €-13k
2020: €13k
2021: €31k
2022: €57k
2023: €48k
2018 → 2024
Total assets
€173k▲ 27.0%
2023 · €136k
2018: €57k
2019: €29k
2020: €48k
2021: €116k
2022: €150k
2023: €136k
2018 → 2024
Net result
€32k
2023 · €-9k
2018: €-6k
2019: €-31k
2020: €26k
2021: €18k
2022: €26k
2023: €-9k
2018 → 2024
Working capital
€68k▲ 89.2%
2023 · €36k
2018: €22k
2019: €-7k
2020: €12k
2021: €32k
2022: €43k
2023: €36k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€13k-€31k▲ 142%€57k▲ 83.4%€48k▼ 15.6%€80k▲ 65.8%
Operating result€29k-€26k▼ 8.4%€35k▲ 30.7%€-10k€44k
Net result€26k-€18k▼ 28.9%€26k▲ 41.9%€-9k€32k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €44k after a loss of €10k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €173k
Fixed assets
€37k▼ 18.2%
Current assets
€136k▲ 49.4%
Equity and liabilities €173k
Equity
€80k▲ 65.8%
Debt
€93k▲ 5.6%
The debt ratio falls from 64.5% to 53.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€56k▲
2023 · €3k
Cash flow
€44k▲
2023 · €3k
Solvency
46.4%▲
2023 · 35.5%
Current ratio
1.99▲
2023 · 1.65
Quick ratio
1.99▲
2023 · 1.65
Debt / equity
1.16▼
2023 · 1.82
ROE
39.7%▲
2023 · -18.5%
ROA
18.4%▲
2023 · -6.6%
Interest coverage
21.94▲
2023 · 0.89
Debt
€93k▲
2023 · €88k
Debt ≤ 1 year
€68k▲
2023 · €55k
Debt > 1 year
€24k▼
2023 · €33k
Income taxes
€15k▲
2023 · €357
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€136k€173k▲
Fixed assets21/28€45k€37k▼
Tangible fixed assets22/27€45k€36k▼
Furniture and vehicles24€6k€7k▲
Leasing and similar rights25€34k€26k▼
Other tangible fixed assets26€5k€4k▼
Financial fixed assets28€500€500=
Current assets29/58€91k€136k▲
Amounts receivable within one year40/41€85k€130k▲
Trade receivables40€6k-
Other amounts receivable41€79k€130k▲
Cash at bank and in hand54/58€6k€6k▲
Deferred charges and accrued income490/1€242€231▼
Equity and liabilities
Total equity and liabilities10/49€136k€173k▲
Equity10/15€48k€80k▲
Contributions10/11€9k€9k=
Reserves13€48k€71k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€46k€69k▲
Profit (loss) carried forward14€-9k-
Amounts payable17/49€88k€93k▲
Amounts payable after more than one year17€33k€24k▼
Financial debts170/4€25k€16k▼
Other amounts payable178/9€8k€8k=
Amounts payable within one year42/48€55k€68k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Financial debts43€293-
Credit institutions430/8€293-
Trade debts44€7k€45k▲
Suppliers440/4€7k€45k▲
Advances received on contracts in progress46€36k-
Taxes, remuneration and social security45€4k€16k▲
Taxes450/3€961€16k▲
Remuneration and social security454/9€4k-
Accrued charges and deferred income492/3€1-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k▼
Other operating charges640/8€734€1k▲
Gross operating margin9900€3k€57k▲
Operating profit (loss)9901€-10k€44k▲
Financial income75/76B€4k€6k▲
Recurring financial income75€4k€6k▲
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€-9k€47k▲
Income taxes67/77€357€15k▲
Profit (loss) for the period9904€-9k€32k▲
Profit (loss) for the period to be appropriated9905€-9k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€23k▲
Profit (loss) brought forward from the previous period14P-€-9k
Transfer to equity691/2-€23k
To other reserves6921-€23k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 127 days late
2024
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
08-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 100 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
31-12
Financial
Back to profitnet €26k
Net result €26k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.61
Current ratio from 0.69 to 1.61; short-term debt falls from €22k to €19k.
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 10 days late
2019
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 98 days late
2016
01-07
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.
Directors · office · real estate
Directors
4 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, Tongeren-Borgloon · 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.
Herckensstraat 463700 Tongeren-BorgloonGround area
1,373 m²
Building footprint
174 m²
Parcel 73063B0313/00G000, Flanders. Linked by address, not a title deed.
1 establishment unit
Techno-Mec
since 20132.219.905.178
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73063B0313/00G000 | Flanders | 1,373 m² | 1 · 174 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 · 3 entries · 3,116 EUR awarded · 3,116 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,485 EUR | 1,485 EUR |
| 2023 | 1 | 1,238 EUR | 1,631 EUR |
| 2022 | 1 | 393 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 3,717 companies in sector 33120 we hold annual accounts for 1,341. 1,108 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-06-2013
Fiscal year end31-12
Activities, NACEBEL
33120Repair and maintenance of machinery
33130Repair, maintenance and installation of machinery and equipment
33140Repair and maintenance of electrical equipment
33200Installation of industrial machinery and equipment
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:renaat@wenger.com
Phone:0468110453