Melange Thee

Active

Private limited companyfounded 20214 yrs activeStatielei 65, 2640 Mortsel, BelgiumKBO/BCE: BE 0774.837.384

The computed 12-month bankruptcy probability of Melange Thee is 3.5% (moderate). The 2024 annual accounts show negative equity (€-7k) and a net result of €-12k. Equity is shrinking by ~135.2% per year across the filed fiscal years. Its solvency ranks better than 20% of 2091 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

25 / 100

Weak

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability7▼-19

Solvency19▼-10

Growth32=

Track record94

Bankruptcy probability, 12 months

3.5% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.75 against 0.8 in 2023; short-term debt: 105.6% and cash: 23.7% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

-5.6%

Return on assets

-9.6%

Age of the figures

21 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 10

Relative position

BE, all sectors

reference

Sector 10

higher

← fewer bankruptcies more bankruptcies →

Negative equity

The 2024 annual accounts show negative equity and a net loss.

NBB · annual accounts 2024

Equity per financial year

222324

2022 to 2024 · latest year €-7k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-09-2025, 47 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 · 3 filings

Deviation from the deadline

2025

not confirmed

2024

47 d late

2023

12 d early

2022

31 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€-7k

2023 · €5k

2022: €12k 2023: €5k

2022 → 2024

Total assets

€131k▼ 7.0%

2023 · €140k

2022: €140k 2023: €140k

2022 → 2024

Net result

€-12k▼ 70.4%

2023 · €-7k

2022: €7k 2023: €-7k

2022 → 2024

Working capital

€-35k▼ 29.9%

2023 · €-27k

2022: €-23k 2023: €-27k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€12k-€5k▼ 58.7%€-7k

Operating result€9k-€-7k€-13k▼ 81.6%

Net result€7k-€-7k€-12k▼ 70.4%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €13k in 2024 against €7k in 2023; the loss grows and 2024 has the lowest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €131k

20.8%

79.2%

Fixed assets €27k▼ 17.8%

Current assets €103k▼ 3.6%

Key figures and ratios

2024 value · change against 2023

EBITDA

€-6k▼

2023 · €565

Cash flow

€-5k▼

2023 · €449

Solvency

-5.6%▼

2023 · 3.7%

Current ratio

0.75▼

2023 · 0.80

Quick ratio

0.27▼

2023 · 0.30

Debt / equity

-18.84▼

2023 · 26.24

ROA

-9.6%▼

2023 · -5.2%

Interest coverage

-31.60▼

2023 · 1.61

Debt

€138k▲

2023 · €135k

Debt ≤ 1 year

€138k▲

2023 · €134k

Staff costs

€58k▲

2023 · €45k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€140k€131k▼

Fixed assets21/28€33k€27k▼

Intangible fixed assets21€28k€22k▼

Tangible fixed assets22/27€1k€1k▲

Plant, machinery and equipment23€182€1k▲

Furniture and vehicles24€1k€251▼

Financial fixed assets28€4k€4k=

Current assets29/58€107k€103k▼

Stocks and contracts in progress3€68k€66k▼

Stocks30/36€68k€66k▼

Amounts receivable within one year40/41€1k€7k▲

Trade receivables40€541€6k▲

Other amounts receivable41€500€927▲

Cash at bank and in hand54/58€38k€31k▼

Deferred charges and accrued income490/1€1k€0▼

Equity and liabilities

Total equity and liabilities10/49€140k€131k▼

Equity10/15€5k€-7k▼

Contributions10/11€5k€5k=

Reserves13€153€0▼

Distributable reserves133€153€0▼

Profit (loss) carried forward14-€-12k

Amounts payable17/49€135k€138k▲

Amounts payable within one year42/48€134k€138k▲

Trade debts44€17k€35k▲

Suppliers440/4€17k€35k▲

Advances received on contracts in progress46-€2k

Taxes, remuneration and social security45€22k€9k▼

Taxes450/3€7k€5k▼

Remuneration and social security454/9€15k€4k▼

Other amounts payable47/48€95k€92k▼

Accrued charges and deferred income492/3€1k€0▼

Income statement Code20232024

Remuneration, social security and pensions62€45k€58k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼

Other operating charges640/8€680€505▼

Gross operating margin9900€46k€52k▲

Operating profit (loss)9901€-7k€-13k▼

Financial income75/76B€235€793▲

Recurring financial income75€235€793▲

Financial charges65/66B€351€188▼

Recurring financial charges65€351€188▼

Profit (loss) for the period before taxes9903€-7k€-12k▼

Profit (loss) for the period9904€-7k€-12k▼

Profit (loss) for the period to be appropriated9905€-7k€-12k▼

Appropriation of the result

Profit (loss) to be appropriated9906€-7k€-12k▼

Transfer from equity791/2€7k€153▼

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 4Financial 1Filings 3

2025

16-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 47 days late

2024

31-12

Financial Weakest financial yearnet €-12k

Net result drops to €-12k, the lowest in the series.

19-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 31 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2025

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.

01-07-2025 Resigned as Director

Location & real-estate footprint

Registered office, Mortsel · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Statielei 652640 Mortsel

Ground area

394 m²

Building footprint

199 m²

Volume, LiDAR