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MELAME IMMO

Active
Private limited companyfounded 2021active for 5 yearsBroustinlaan 39, 1090 Jette, BelgiumKBO/BCE: BE 0766.347.708
Summary

The computed 12-month bankruptcy probability of MELAME IMMO is 2.6% (moderate). The 2025 annual accounts show negative equity (-€25,564) and a net result of -€14,591. Equity is shrinking by about 100% per year across the filed financial years. The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, abbreviated format

Turnover
€0
Total assets
€161,523▼ 8.4%
2024 · €176,306
Net result
-€14,591▼ 23.1%
2024 · -€11,854
Working capital
-€25,631▼ 127%
2024 · -€11,310
Trend over the years

2021 to 2025, 5 financial years

The operating result stays negative: a loss of €14,443 in 2025 against €11,678 in 2024; the loss grows and 2025 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€14,443 2025 Net result-€14,591 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20212022202320242025
Turnover€0
Operating result-€508--€8,913▼ 1,655%-€9,412▼ 5.6%-€11,678▼ 24.1%-€14,443▼ 23.7%
Net result-€531--€9,020▼ 1,599%-€9,568▼ 6.1%-€11,854▼ 23.9%-€14,591▼ 23.1%
Equity€19,469-€10,449▼ 46.3%€881▼ 91.6%-€10,973-€25,564▼ 133%
Total assets€205,887-€197,333▼ 4.2%€188,280▼ 4.6%€176,306▼ 6.4%€161,523▼ 8.4%
Debt€186,418-€186,884▲ 0.2%€187,399▲ 0.3%€187,279▼ 0.1%€187,087▼ 0.1%
Working capital€18,324-€9,574▼ 47.8%€275▼ 97.1%-€11,310-€25,631▼ 127%
Balance-sheet composition
Assets €161,523
Fixed assets €67
Current assets €161,456
Equity and liabilities
Equity-€25,564
Debt€187,087
Equity is negative: debt (€187,087) exceeds the balance-sheet total (€161,523).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€14,174▼
2024 · -€11,409
Cash flow
-€14,322▼
2024 · -€11,585
Solvency
-15.8%▼
2024 · -6.2%
Current ratio
0.86▼
2024 · 0.94
ROA
-9.0%▼
2024 · -6.7%
Interest coverage
-95.77▼
2024 · -64.82
Debt ≤ 1 year
€187,087▼
2024 · €187,279
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,564 companies that looked in July 2024 the way this one looks now, 5.1% went bankrupt within 24 months and 89% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a small loss
5.1% went bankrupt
5.4% stopped otherwise
89% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,564 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€176,306€161,523▼
Formation expenses20€337-
Fixed assets21/28-€67
Tangible fixed assets22/27-€67
Land and buildings22-€67
Current assets29/58€175,969€161,456▼
Cash at bank and in hand54/58€175,969€161,456▼
Equity and liabilities
Total equity and liabilities10/49€176,306€161,523▼
Equity10/15-€10,973-€25,564▼
Contributions10/11€20,000€20,000=
Capital10€20,000€20,000=
Issued capital100€20,000€20,000=
Profit (loss) carried forward14-€30,973-€45,564▼
Amounts payable17/49€187,279€187,087▼
Amounts payable within one year42/48€187,279€187,087▼
Trade debts44€244-
Bills of exchange payable441€244-
Other amounts payable47/48€187,035€187,087=
Income statement Code20242025
Turnover70-€0
Goods, raw materials, services and sundry goods60/61€11,386€14,174▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€269€269=
Other operating charges640/8€23-
Gross operating margin9900-€11,386-€14,174▼
Operating profit (loss)9901-€11,678-€14,443▼
Financial charges65/66B€176€148▼
Recurring financial charges65€176€148▼
Profit (loss) for the period before taxes9903-€11,854-€14,591▼
Profit (loss) for the period9904-€11,854-€14,591▼
Profit (loss) for the period to be appropriated9905-€11,854-€14,591▼
Appropriation of the result
Profit (loss) to be appropriated9906-€11,854-€45,564▼
Profit (loss) brought forward from the previous period14P--€30,973
Transfer to equity691/2€19,119-
To contributions691€19,119-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70----€0-
Goods, raw materials, services and sundry goods60/61€85€8,280€8,348€11,386€14,174▲ 24.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€202€269-€269€269=
Other operating charges640/8€221€364€1,065€23--
Gross operating margin9900-€85-€8,280-€8,347-€11,386-€14,174▼ 24.5%
Operating profit (loss)9901-€508-€8,913-€9,412-€11,678-€14,443▼ 23.7%
Financial charges65/66B€23€107€156€176€148▼ 15.9%
Recurring financial charges65€23€107€156€176€148▼ 15.9%
Profit (loss) for the period before taxes9903-€531-€9,020-€9,568-€11,854-€14,591▼ 23.1%
Profit (loss) for the period9904-€531-€9,020-€9,568-€11,854-€14,591▼ 23.1%
Profit (loss) for the period to be appropriated9905-€531-€9,020-€9,568-€11,854-€14,591▼ 23.1%
Line20212022202320242025Change
Assets
Total assets20/58€205,887€197,333€188,280€176,306€161,523▼ 8.4%
Formation expenses20€1,145€875€606€337--
Fixed assets21/28€0---€67-
Intangible fixed assets21€0-----
Tangible fixed assets22/27----€67-
Land and buildings22----€67-
Current assets29/58€204,742€196,458€187,674€175,969€161,456▼ 8.2%
Cash at bank and in hand54/58€204,742€196,458€187,674€175,969€161,456▼ 8.2%
Equity and liabilities
Total equity and liabilities10/49€205,887€197,333€188,280€176,306€161,523▼ 8.4%
Equity10/15€19,469€10,449€881-€10,973-€25,564▼ 133%
Contributions10/11€20,000€20,000€20,000€20,000€20,000=
Capital10€20,000-€20,000€20,000€20,000=
Issued capital100€20,000-€20,000€20,000€20,000=
Profit (loss) carried forward14-€531-€9,551-€19,119-€30,973-€45,564▼ 47.1%
Amounts payable17/49€186,418€186,884€187,399€187,279€187,087▼ 0.1%
Amounts payable within one year42/48€186,418€186,884€187,399€187,279€187,087▼ 0.1%
Trade debts44€58€58€58€244--
Suppliers440/4€58€58€58---
Bills of exchange payable441---€244--
Taxes, remuneration and social security45-€364€364---
Remuneration and social security454/9-€364€364---
Other amounts payable47/48€186,360€186,462€186,977€187,035€187,087=
Line20212022202320242025Change
Profit (loss) for the period9904-€531-€9,020-€9,568-€11,854-€14,591▼ 23.1%
+ Depreciation and write-downs630€202€269-€269€269=
Operating cash flow (approximation)-€329-€8,751-€9,568-€11,585-€14,322▼ 23.6%
Change in cash--€8,284-€8,784-€11,705-€14,513▼ 24.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Public contracts: not fully processed yet. The notices from October 2017 to September 2026 are still being read.