MEISNER
ActiveSummary
The computed 12-month bankruptcy probability of MEISNER is 2.2% (moderate). The 2024 annual accounts show equity of €59k and a net result of €53k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 29% of 36375 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency53▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.09 in 2023; short-term debt: 72.5% and cash: 60.3% of total assets), and 72.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
27.5%
Return on assets
24.8%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
27 d early
2023
30 d early
2022
35 d early
2021
33 d early
2020
22 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€59k▲ 0.3%
2023 · €59k
2019: €49klowest in 6 years
2020: €75k▲ +53.8% vs 2019
2021: €118k▲ +56.6% vs 2020highest in 6 years
2022: €105k▼ -10.6% vs 2021
2023: €59k▼ -44.1% vs 2022
2024: €59k▲ +0.3% vs 2023
2019 → 2024
Total assets
€214k▲ 21.4%
2023 · €176k
2019: €74klowest in 6 years
2020: €96k▲ +30.3% vs 2019
2021: €136k▲ +41.6% vs 2020
2022: €144k▲ +5.7% vs 2021
2023: €176k▲ +22.4% vs 2022
2024: €214k▲ +21.4% vs 2023highest in 6 years
2019 → 2024
Net result
€53k▼ 0.9%
2023 · €54k
2019: €30k
2020: €26k▼ -13.0% vs 2019lowest in 6 years
2021: €42k▲ +61.9% vs 2020
2022: €99k▲ +132% vs 2021highest in 6 years
2023: €54k▼ -45.6% vs 2022
2024: €53k▼ -0.9% vs 2023
2019 → 2024
Working capital
€22k▲ 112%
2023 · €11k
2019: €40k
2020: €61k▲ +51.4% vs 2019
2021: €106k▲ +74.9% vs 2020highest in 6 years
2022: €61k▼ -42.6% vs 2021
2023: €11k▼ -82.6% vs 2022lowest in 6 years
2024: €22k▲ +112% vs 2023
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€75k-€118k▲ 56.6%€105k▼ 10.6%€59k▼ 44.1%€59k▲ 0.3%
2020: €75k
2021: €118k▲ +56.6% vs 2020highest in 5 years
2022: €105k▼ -10.6% vs 2021
2023: €59k▼ -44.1% vs 2022lowest in 5 years
2024: €59k▲ +0.3% vs 2023
Operating result€35k-€57k▲ 62.5%€131k▲ 131%€73k▼ 44.4%€73k▼ 0.2%
2020: €35klowest in 5 years
2021: €57k▲ +62.5% vs 2020
2022: €131k▲ +131% vs 2021highest in 5 years
2023: €73k▼ -44.4% vs 2022
2024: €73k▼ -0.2% vs 2023
Net result€26k-€42k▲ 61.9%€99k▲ 132%€54k▼ 45.6%€53k▼ 0.9%
2020: €26klowest in 5 years
2021: €42k▲ +61.9% vs 2020
2022: €99k▲ +132% vs 2021highest in 5 years
2023: €54k▼ -45.6% vs 2022
2024: €53k▼ -0.9% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 0% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €214k
Fixed assets
€36k ▼ 24.3%
Current assets
€178k ▲ 38.6%
Equity and liabilities €214k
Equity
€59k ▲ 0.3%
Debt
€155k ▲ 31.9%
Debt's share of the balance-sheet total rises from 66.7% to 72.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€85k▼
2023 · €86k
Cash flow
€65k▼
2023 · €67k
Current ratio
1.14▲
2023 · 1.09
Quick ratio
1.12▲
2023 · 1.06
Debt to equity
2.63▲
2023 · 2.00
ROE
90.3%▼
2023 · 91.4%
ROA
24.8%▼
2023 · 30.4%
Interest coverage
52.97▼
2023 · 57.04
Debt ≤ 1 year
€155k▲
2023 · €118k
Income taxes
€19k▲
2023 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€176k€214k▲
Fixed assets21/28€48k€36k▼
Tangible fixed assets22/27€48k€36k▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€30k€22k▼
Other tangible fixed assets26€11k€10k▼
Current assets29/58€128k€178k▲
Stocks and contracts in progress3€3k€3k▲
Stocks30/36€3k€3k▲
Amounts receivable within one year40/41€24k€30k▲
Trade receivables40€12k€30k▲
Other amounts receivable41€12k-
Cash at bank and in hand54/58€82k€129k▲
Deferred charges and accrued income490/1€18k€15k▼
Equity and liabilities
Total equity and liabilities10/49€176k€214k▲
Equity10/15€59k€59k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€40k€40k▲
Amounts payable17/49€118k€155k▲
Amounts payable within one year42/48€118k€155k▲
Trade debts44€14k€18k▲
Suppliers440/4€14k€18k▲
Taxes, remuneration and social security45€4k€9k▲
Taxes450/3-€5k
Remuneration and social security454/9€4k€4k▲
Other amounts payable47/48€100k€128k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€12k▼
Other operating charges640/8€10k€4k▼
Gross operating margin9900€95k€89k▼
Operating profit (loss)9901€73k€73k▼
Financial income75/76B€326€480▲
Recurring financial income75€326€480▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€72k€72k▼
Income taxes67/77€18k€19k▲
Profit (loss) for the period9904€54k€53k▼
Profit (loss) for the period to be appropriated9905€54k€53k▼
Appropriation of the result
Profit (loss) to be appropriated9906€140k€93k▼
Profit (loss) brought forward from the previous period14P€86k€40k▼
Profit to be distributed694/7€100k€53k▼
Return on contributions (dividend)694€100k€53k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €5k | €7k | €13k | €12k | ▼ 9.3% |
| Other operating charges640/8 | - | €3k | €9k | €10k | €4k | ▼ 53.9% |
| Gross operating margin9900 | €42k | €65k | €147k | €95k | €89k | ▼ 6.8% |
| Operating profit (loss)9901 | €35k | €57k | €131k | €73k | €73k | ▼ 0.2% |
| Financial income75/76B | - | €104 | €77 | €326 | €480 | ▲ 47.3% |
| Recurring financial income75 | €635 | €104 | €77 | €326 | €480 | ▲ 47.3% |
| Financial charges65/66B | - | €502 | €304 | €2k | €2k | ▲ 6.0% |
| Recurring financial charges65 | €509 | €502 | €304 | €2k | €2k | ▲ 6.0% |
| Profit (loss) for the period before taxes9903 | €35k | €56k | €131k | €72k | €72k | ▼ 0.1% |
| Income taxes67/77 | €9k | €14k | €32k | €18k | €19k | ▲ 2.2% |
| Profit (loss) for the period9904 | €26k | €42k | €99k | €54k | €53k | ▼ 0.9% |
| Profit (loss) for the period to be appropriated9905 | €26k | €42k | €99k | €54k | €53k | ▼ 0.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €96k | €136k | €144k | €176k | €214k | ▲ 21.4% |
| Fixed assets21/28 | €14k | €12k | €44k | €48k | €36k | ▼ 24.3% |
| Tangible fixed assets22/27 | €14k | €12k | €44k | €48k | €36k | ▼ 24.3% |
| Plant, machinery and equipment23 | - | €10k | €5k | €8k | €5k | ▼ 35.7% |
| Furniture and vehicles24 | - | €2k | €27k | €30k | €22k | ▼ 26.2% |
| Other tangible fixed assets26 | - | - | €12k | €11k | €10k | ▼ 11.2% |
| Current assets29/58 | €82k | €125k | €100k | €128k | €178k | ▲ 38.6% |
| Stocks and contracts in progress3 | €3k | €4k | €3k | €3k | €3k | ▲ 3.0% |
| Stocks30/36 | - | €4k | €3k | €3k | €3k | ▲ 3.0% |
| Amounts receivable within one year40/41 | €26k | €74k | €23k | €24k | €30k | ▲ 24.8% |
| Trade receivables40 | - | €64k | €9k | €12k | €30k | ▲ 146% |
| Other amounts receivable41 | - | €10k | €14k | €12k | - | - |
| Cash at bank and in hand54/58 | €52k | €44k | €72k | €82k | €129k | ▲ 56.6% |
| Deferred charges and accrued income490/1 | - | €3k | €1k | €18k | €15k | ▼ 18.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €96k | €136k | €144k | €176k | €214k | ▲ 21.4% |
| Equity10/15 | €75k | €118k | €105k | €59k | €59k | ▲ 0.3% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €56k | €99k | €86k | €40k | €40k | ▲ 0.4% |
| Amounts payable17/49 | €21k | €19k | €39k | €118k | €155k | ▲ 31.9% |
| Amounts payable within one year42/48 | €21k | €19k | €39k | €118k | €155k | ▲ 31.9% |
| Trade debts44 | €11k | €4k | €7k | €14k | €18k | ▲ 31.3% |
| Suppliers440/4 | - | €4k | €7k | €14k | €18k | ▲ 31.3% |
| Taxes, remuneration and social security45 | - | €15k | €12k | €4k | €9k | ▲ 139% |
| Taxes450/3 | - | €10k | €6k | - | €5k | - |
| Remuneration and social security454/9 | - | €4k | €5k | €4k | €4k | ▲ 2.5% |
| Other amounts payable47/48 | - | - | €20k | €100k | €128k | ▲ 28.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €26k | €42k | €99k | €54k | €53k | ▼ 0.9% |
| + Depreciation and write-downs630 | €4k | €5k | €7k | €13k | €12k | ▼ 9.3% |
| Operating cash flow (approximation) | €31k | €48k | €106k | €67k | €65k | ▼ 2.5% |
| Investment in fixed assets (approximation) | - | €-2k | €-40k | €-17k | €0 | ▲ 100% |
| Change in cash | - | €-7k | €28k | €10k | €47k | ▲ 365% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €99k ▲132%
Operating result €131k, net result €99k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €118k ▲56.6%
3 profitable years in a row build equity to €118k.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €26k ▼13%
Net result drops to €26k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
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, Antwerpen · 1 establishment unit since 2018
Ground area
662 m²
Building footprint
179 m²
Volume, LiDAR
1,106 m³
Parcel 11012A0009/00Z009, Flanders · tallest building 11.8 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
MEISNER
since 20182.281.769.602
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11012A0009/00Z009 | Flanders | 662 m² | 1 · 178 m² | 11.8 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
5 categoriesMEISNER BV43154
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Of 4,096 companies in sector 43240 we hold annual accounts for 1,633. 1,351 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
Founded07-11-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
Scores and ratios are computed by Checked and are not a credit decision.