MELAGOM
ActiveMELAGOM has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27k and a net result of €3k. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 25% of 11238 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70=
Solvency34▲+1
Growth68=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.4 against 0.59 in 2024; short-term debt: 53.5% and cash: 5.1% of total assets), and 91% 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 · 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 46
Relative position
BE, all sectors
reference
Sector 46
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
9%
Return on assets
1.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
31 d late
2024
68 d late
2023
63 d late
2022
61 d late
2021
72 d late
2020
on the day
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€510k▲ 34.9%
2022 · €378k
2020: €159k
2021: €274k
2022: €378k
2020 → 2023
EBIT margin
1.4%▼ 0.4pp
2022 · 1.7%
2020: 6.2%
2021: 0.8%
2022: 1.7%
2020 → 2023
Net result
€3k▲ 8.2%
2024 · €3k
2020: €8k
2021: €368
2022: €4k
2023: €3k
2024: €3k
2020 → 2025
Working capital
€-98k▼ 35.0%
2024 · €-73k
2020: €6k
2021: €3k
2022: €16k
2023: €-20k
2024: €-73k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€274k-€378k▲ 37.6%€510k▲ 34.9%
Equity€14k-€18k▲ 32.0%€21k▲ 14.4%€24k▲ 14.9%€27k▲ 14.0%
Operating result€2k-€7k▲ 184%€7k▲ 6.9%€10k▲ 47.2%€14k▲ 39.2%
Net result€368-€4k▲ 1,103%€3k▼ 40.5%€3k▲ 18.1%€3k▲ 8.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 39% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €303k
Fixed assets
€239k▲ 15.7%
Current assets
€64k▼ 37.6%
Equity and liabilities €303k
Equity
€27k▲ 14.0%
Debt
€276k▼ 3.4%
The debt ratio falls from 92.2% to 91.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€80k▲
2024 · €58k
Cash flow
€69k▲
2024 · €51k
Solvency
9.0%▲
2024 · 7.8%
Current ratio
0.40▼
2024 · 0.59
Quick ratio
0.25▼
2024 · 0.53
Debt / equity
10.08▼
2024 · 11.90
ROE
12.3%▼
2024 · 13.0%
ROA
1.1%▲
2024 · 1.0%
Interest coverage
7.32▼
2024 · 7.45
Debt
€276k▼
2024 · €286k
Debt ≤ 1 year
€162k▼
2024 · €176k
Debt > 1 year
€114k▲
2024 · €110k
Staff costs
€53k▲
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€303k▼
Formation expenses20€39-
Fixed assets21/28€207k€239k▲
Tangible fixed assets22/27€206k€239k▲
Plant, machinery and equipment23€57k€54k▼
Furniture and vehicles24€47k€74k▲
Leasing and similar rights25€66k€79k▲
Other tangible fixed assets26€36k€32k▼
Financial fixed assets28€175€175=
Current assets29/58€103k€64k▼
Stocks and contracts in progress3€10k€23k▲
Stocks30/36€10k€23k▲
Amounts receivable within one year40/41€63k€21k▼
Trade receivables40€44k€10k▼
Other amounts receivable41€19k€11k▼
Cash at bank and in hand54/58€28k€16k▼
Deferred charges and accrued income490/1€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€310k€303k▼
Equity10/15€24k€27k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€19k€22k▲
Amounts payable17/49€286k€276k▼
Amounts payable after more than one year17€110k€114k▲
Financial debts170/4€88k€96k▲
Other amounts payable178/9€22k€18k▼
Amounts payable within one year42/48€176k€162k▼
Current portion of amounts payable after more than one year42€33k€35k▲
Trade debts44€125k€97k▼
Suppliers440/4€125k€97k▼
Taxes, remuneration and social security45€18k€30k▲
Taxes450/3€13k€15k▲
Remuneration and social security454/9€5k€15k▲
Income statement
Code20242025
Remuneration, social security and pensions62€49k€53k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€66k▲
Other operating charges640/8€948€4k▲
Gross operating margin9900€107k€138k▲
Operating profit (loss)9901€10k€14k▲
Financial income75/76B€603-
Recurring financial income75€603-
Financial charges65/66B€8k€11k▲
Recurring financial charges65€8k€11k▲
Profit (loss) for the period before taxes9903€3k€3k▲
Profit (loss) for the period9904€3k€3k▲
Profit (loss) for the period to be appropriated9905€3k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€22k▲
Profit (loss) brought forward from the previous period14P€16k€19k▲
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
02-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 63 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
11-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 72 days late
2021
31-12
Financial
Weakest financial yearnet €368 ▼95.7%
Net result drops to €368, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Momignies · 1 establishment unit since 2020
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.
Les Aisements (MGS) 9996590 MomigniesGround area
1,584 m²
Building footprint
166 m²
Volume, LiDAR
953 m³
2 parcels, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Les Aisements (MGS) 1, 6590 Momignies
since 20202.300.175.945
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56051B0101/00L003 | Wallonia | 895 m² | 1 · 104 m² | 8.3 m · 2 fl. |
| 56051B0101/00C003indicative | Wallonia | 690 m² | 1 · 62 m² | 6.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
CARACTERE AUTOMOBILE
BE 0454.560.410
Ferrières · Eq €28k
Belimpo
BE 0403.808.327
Hoogstraten · Eq €28k
AUTOLAND
BE 0445.637.497
Namur · Eq €28k
SCP
BE 0667.705.438
Antwerpen · Eq €27k
JDE PARTS
BE 0790.318.287
Ottignies-Louvain-la-Neuve · Eq €26k
Of 1,747 companies in sector 46720 we hold annual accounts for 1,083. 387 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-03-2020
Fiscal year end31-12
Activities, NACEBEL
95315Tyre services
45310
46720Wholesale of motor vehicle parts and accessories
43120Site preparation
47820Retail sale of motor vehicle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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:degrelleg@hotmail.com
Phone:+32484818187