MEGAFIN
ActiveMEGAFIN has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €193k and a net result of €21k. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 89% of 2113 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
98
/ 100
Excellent▼ -2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▼-10
Solvency100=
Growth56▼-3
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 6.6 against 9.27 in 2024), and 17.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 41
Relative position
BE, all sectors
reference
Sector 41
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
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
82.2%
Return on assets
9.1%
Age of the figures
8 mo
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
58 d early
2023
58 d early
2022
54 d early
2021
48 d early
2020
51 d early
2019
50 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
08-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€249k▼ 18.6%
2024 · €306k
2018: €377k
2019: €460k
2020: €413k
2021: €453k
2022: €449k
2023: €391k
2024: €306k
2018 → 2025
EBIT margin
12.2%▼ 3.3pp
2024 · 15.5%
2018: 4.9%
2019: 8.6%
2020: 11.4%
2021: 7.6%
2022: 7.2%
2023: 7.5%
2024: 15.5%
2018 → 2025
Net result
€21k▼ 39.5%
2024 · €35k
2018: €13k
2019: €29k
2020: €35k
2021: €16k
2022: €23k
2023: €20k
2024: €35k
2018 → 2025
Working capital
€163k▼ 35.9%
2024 · €254k
2018: €117k
2019: €147k
2020: €185k
2021: €209k
2022: €202k
2023: €231k
2024: €254k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€453k-€449k▼ 0.9%€391k▼ 12.9%€306k▼ 21.7%€249k▼ 18.6%
Equity€226k-€228k▲ 1.1%€248k▲ 8.8%€278k▲ 12.0%€193k▼ 30.6%
Operating result€35k-€32k▼ 6.6%€29k▼ 8.8%€48k▲ 61.1%€31k▼ 35.8%
Net result€16k-€23k▲ 42.3%€20k▼ 12.4%€35k▲ 76.0%€21k▼ 39.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 36% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €235k
Fixed assets
€43k▲ 66.5%
Current assets
€192k▼ 32.6%
Equity and liabilities €235k
Equity
€193k▼ 30.6%
Debt
€42k▲ 29.8%
The debt ratio rises from 10.4% to 17.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€40k▼
2024 · €55k
Cash flow
€31k▼
2024 · €42k
Solvency
82.2%▼
2024 · 89.6%
Current ratio
6.60▼
2024 · 9.27
Quick ratio
6.55▼
2024 · 9.19
Debt / equity
0.22▲
2024 · 0.12
ROE
11.0%▼
2024 · 12.7%
ROA
9.1%▼
2024 · 11.4%
Interest coverage
92.73▼
2024 · 734.38
Debt
€42k▲
2024 · €32k
Debt ≤ 1 year
€29k▼
2024 · €31k
Debt > 1 year
€13k
Income taxes
€9k▼
2024 · €12k
Staff costs
€20k▼
2024 · €49k
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€310k€235k▼
Fixed assets21/28€26k€43k▲
Tangible fixed assets22/27€26k€43k▲
Land and buildings22€1k€680▼
Plant, machinery and equipment23€769€556▼
Furniture and vehicles24€24k€42k▲
Financial fixed assets28€149€149=
Current assets29/58€284k€192k▼
Stocks and contracts in progress3€3k€1k▼
Stocks30/36€3k€1k▼
Amounts receivable within one year40/41€25k€46k▲
Trade receivables40€17k€30k▲
Other amounts receivable41€8k€16k▲
Cash at bank and in hand54/58€251k€142k▼
Deferred charges and accrued income490/1€6k€2k▼
Equity and liabilities
Total equity and liabilities10/49€310k€235k▼
Equity10/15€278k€193k▼
Contributions10/11€15k€15k=
Reserves13€263k€178k▼
Distributable reserves133€263k€178k▼
Profit (loss) carried forward14€33€33=
Amounts payable17/49€32k€42k▲
Amounts payable after more than one year17-€13k
Financial debts170/4-€13k
Amounts payable within one year42/48€31k€29k▼
Current portion of amounts payable after more than one year42-€4k
Trade debts44€11k€13k▲
Suppliers440/4€11k€13k▲
Taxes, remuneration and social security45€7k€3k▼
Taxes450/3€345-
Remuneration and social security454/9€7k€3k▼
Other amounts payable47/48€12k€8k▼
Accrued charges and deferred income492/3€2k€22▼
Income statement
Code20242025
Turnover70€306k€249k▼
Non-recurring operating income76A-€2k
Goods, raw materials, services and sundry goods60/61€208k€194k▼
Remuneration, social security and pensions62€49k€20k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€9k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€107k€62k▼
Operating profit (loss)9901€48k€31k▼
Financial charges65/66B€74€429▲
Recurring financial charges65€74€429▲
Profit (loss) for the period before taxes9903€47k€30k▼
Income taxes67/77€12k€9k▼
Profit (loss) for the period9904€35k€21k▼
Profit (loss) for the period to be appropriated9905€35k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€21k▼
Profit (loss) brought forward from the previous period14P€33€33=
Transfer from equity791/2-€106k
Transfer to equity691/2€30k€21k▼
To other reserves6921€30k€21k▼
Profit to be distributed694/7€6k€106k▲
Return on contributions (dividend)694-€106k
Directors or managers695€6k-
Social balance
Average headcount (FTE)90871.21.0▼
The notes to these accounts (11 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
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €35k ▲76%
Operating result €48k, net result €35k, both a record.
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
10-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €200kEq €211k ▲15.4%
3 profitable years in a row build equity to €211k.
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
no sitting director, last change in 2016
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-08-2016
Resigned as Manager
Not every act has been read: a resignation may be missing here
6 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Riemst · 1 establishment unit since 1994
Ground area
2,145 m²
Building footprint
330 m²
Volume, LiDAR
1,196 m³
2 parcels, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Visésteenweg 292, 3770 Riemst
since 19942.065.240.559
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73102B0842/00F002 | Flanders | 1,234 m² | 1 · 119 m² | 7.6 m · 2 fl. |
| 73102C0321/00K000 | Flanders | 911 m² | 1 · 211 m² | 9.7 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,523 companies in sector 41001 we hold annual accounts for 15,846. 12,050 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-10-1993
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43310Plastering work
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.