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MEIRE - DE BAL

Active
Private limited companyfounded 1993active for 32 yearsStuiver 42, 9950 Lievegem, BelgiumKBO/BCE: BE 0451.521.340
Summary

The computed 12-month bankruptcy probability of MEIRE - DE BAL is 3.4% (moderate). The annual accounts of MEIRE - DE BAL for financial year 2025 show a net loss of 66% of the equity at the start of that year. The 2025 annual accounts show equity of €39,359 and a net result of -€74,889. Equity has been growing by about 4.3% per year since 2019. Its solvency ranks better than 10% of 9,926 sector peers (NACE 43, financial year 2025). The company has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 29-11-1993 Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222
Establishment unit
2.065.436.044 9950 Lievegem, since 03-02-1994
Financial year end
30 June
Peppol
Reachable since 18-06-2025

Board and ownership

Board

Financial position

47 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.4%
Annual accounts to 30-06-2025
Gross margin
€573,932
▼ 0.1%
Turnover
≈ €1.5m
estimated
Loss
€74,889
Equity
€39,359
▼ 65.5%
Total assets
€660,329
▼ 21.0%
Employees on 30-06-2025
11
▲ 10.0%
  • 2025 accounts filed 26 days after the deadline
Score breakdownraises riskLoss of €74,889 (financial year 2025)Equity €39,359 (6.0% of total assets)Sector: Specialised construction activities (NACE 43)Size: 9.8 FTE, total assets €660,329Show the evidence

Checked score

Score 2025
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 12% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 31-8
equity 6.0% of total assets
Liquidity 32+7
short-term debt 61.7% · cash 11.4%
Profitability 5-33
return on assets -11.3%
Bankruptcy probability within 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 12-2024: 1.5%lowest value 01-2025: 1.9%▲ +0.4 percentage points vs 12-2024 02-2025: 1.6%▼ -0.3 percentage points vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.6%● unchanged vs 04-2025 06-2025: 1.6%● unchanged vs 05-2025 07-2025: 1.6%● unchanged vs 06-2025 08-2025: 1.6%● unchanged vs 07-2025 09-2025: 1.6%● unchanged vs 08-2025 10-2025: 1.6%● unchanged vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025 12-2025: 1.5%▼ -0.1 percentage points vs 11-2025 01-2026: 1.8%▲ +0.3 percentage points vs 12-2025 02-2026: 2.6%▲ +0.8 percentage points vs 01-2026 03-2026: 3.3%▲ +0.7 percentage points vs 02-2026 04-2026: 3.3%● unchanged vs 03-2026 05-2026: 3.4%▲ +0.1 percentage points vs 04-2026 06-2026: 3.4%● unchanged vs 05-2026 07-2026: 3.4%● unchanged vs 06-2026 08-2026: 3.4%● unchanged vs 07-2026 09-2026: 3.4%● unchanged vs 08-2026 10-2026: 3.4%● unchanged vs 09-2026highest value 11-2026: 3.4%● unchanged vs 10-2026highest value
Credit of up to €1,500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is tight, with a current ratio of 1.06 (1.13 in 2024), below the usual 1.5. Short-term debt is 61.7% and cash 11.4% of total assets. 94% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 11% of them on solvency, 20% on liquidity, 10% on profitability and 7% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Loss of €74,889 (financial year 2025)
NBB · annual accounts
raises risk · Equity €39,359 (6.0% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Size: 9.8 FTE, total assets €660,329
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9926 sector peers (2025).
NBB · sector comparison
Position among 9926 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-02-2026, 26 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
26 days late
2024
31 days early
2023
1 day early
2022
4 days early
2021
34 days early
2020
32 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 27 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end05-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €9,242 in 2024 -€74,889 View
  • Caution: Lower net result than 95% of companies in specialised constructionsector median €26,784 · 9,918 companies -€74,889 View

Recent changes

  1. · Gazette deed Change of role: Meire Marc, from manager to directorDirector discharge: Meire Marc
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as MEIRE - DE BAL: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €487,000 and €784,000, founded between 1986 and 1994.

CompanyTotal assetsGross margin
MEIRE - DE BAL Lievegem€660,329€573,932
Chauffage BARAL Maintenance Brussels€649,994€545,173
JACOBS VERWARMING Tielt-Winge€636,326€681,919
D.M. SYNERGIE Oupeye€783,735€628,267
DE SPIEGELEER JEAN-PAUL Zottegem€674,812€375,823
G.Vermeersch Oudenaarde€569,096€481,240
WERNER MAES Sint-Niklaas€486,791€502,712
Full comparison

Key facts about MEIRE - DE BAL

What is the company number of MEIRE - DE BAL?
The company number of MEIRE - DE BAL is 0451.521.340. The VAT number is the same number with BE in front: BE 0451.521.340.
Where is MEIRE - DE BAL based?
The registered office is at Stuiver 42, 9950 Lievegem.Company details
What does MEIRE - DE BAL do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of MEIRE - DE BAL?
MEIRE - DE BAL is a private limited company (BV).
When was MEIRE - DE BAL founded?
MEIRE - DE BAL was founded on 29-11-1993.
Is MEIRE - DE BAL still active?
Yes, MEIRE - DE BAL is an active enterprise in the KBO register.
How many employees does MEIRE - DE BAL have?
MEIRE - DE BAL had an average of 9.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MEIRE - DE BAL?
The turnover in financial year 2025 is ≈ €1.5m. This figure is estimated from the gross margin of €573,932 and 45 comparable companies (NACE 432). It probably lies between €1.2m and €1.9m.
Is MEIRE - DE BAL profitable?
In financial year 2025, MEIRE - DE BAL made a loss of €74,889.
Where can I find the annual accounts of MEIRE - DE BAL?
MEIRE - DE BAL filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MEIRE - DE BAL due?
MEIRE - DE BAL must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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