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MELBEEK

Active
Private limited company (pre-2019)founded 200421 yrs activePaul Bellefroidlaan 14, 3500 Hasselt, BelgiumKBO/BCE: BE 0870.109.794
Summary

For MELBEEK, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €111,397 and a net result of €837. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 16% of 30357 sector peers (fiscal year 2022). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability69▲+31
Solvency38▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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 2022
Solvency, return and age of the figures
Solvency
12.6%
Return on assets
0.1%
Age of the figures
53 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-04-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
30-04-2023 close30-11-2023 deadline27-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-04-2022 was due by 30-11-2022 and was filed on 25-04-2023, 146 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
146 d late
2021
121 d late
2020
476 d late
2019
842 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 396 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · 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

History

MELBEEK was incorporated on 22 November 2004.1 Total assets fell from EUR 1.1 million in 2019 to EUR 881,719 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2022

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Financials · fiscal year 2022, micro schema

Equity
€111,397▲ 0.8%
2021 · €110,560
Total assets
€881,719▼ 6.5%
2021 · €943,288
Net result
€837▼ 54.5%
2021 · €1,839
Working capital
-€28,664▲ 40.8%
2021 · -€48,439
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2019202020212022
Operating result€18,342-€18,296▼ 0.3%€13,250▼ 27.6%€10,344▼ 21.9%
Net result€1,128-€1,687▲ 49.6%€1,839▲ 9.0%€837▼ 54.5%
Equity€107,034-€108,721▲ 1.6%€110,560▲ 1.7%€111,397▲ 0.8%
Total assets€1.1m-€960,090▼ 9.7%€943,288▼ 1.8%€881,719▼ 6.5%
Debt€956,572-€851,369▼ 11.0%€832,728▼ 2.2%€770,322▼ 7.5%
Working capital-€73,781--€67,724▲ 8.2%-€48,439▲ 28.5%-€28,664▲ 40.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000€20,000Operating result 2019: €18,342€18,342Net result 2019: €1,128€1,128Operating result 2020: €18,296€18,296Net result 2020: €1,687€1,687Operating result 2021: €13,250€13,250Net result 2021: €1,839€1,839Operating result 2022: €10,344€10,344Net result 2022: €837€8372019202020212022€0€5,000€10,000€15,000€20,000Operating result 2020: €18,296€18,300Net result 2020: €1,687€1,690Operating result 2021: €13,250€13,300Net result 2021: €1,839€1,840Operating result 2022: €10,344€10,300Net result 2022: €837€837202020212022
The operating result has fallen three years in a row; 2022 is 22% below 2021 and is the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €881,719
Fixed assets €716,891 ▼ 9.6%
Current assets €164,828 ▲ 9.6%
Equity and liabilities €881,719
Equity €111,397 ▲ 0.8%
Debt €770,322 ▼ 7.5%
Debt's share of the balance-sheet total falls from 88.3% to 87.4%. Equity is higher and debt is lower.
Key figures and ratios
2022 value · change against 2021
EBITDA
€86,358▼
2021 · €90,394
Cash flow
€76,851▼
2021 · €78,983
Current ratio
0.85▲
2021 · 0.76
Quick ratio
0.72▼
2021 · 0.74
Debt to equity
6.92▲
2021 · 5.67
ROE
0.8%▼
2021 · 1.7%
ROA
0.1%▼
2021 · 0.2%
Interest coverage
11.84
Debt ≤ 1 year
€193,492▼
2021 · €198,822
Debt > 1 year
€575,204▼
2021 · €627,163
Income taxes
€2,217▼
2021 · €2,390
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 49 lines
Balance sheet Code20212022
Assets
Total assets20/58€943,288€881,719▼
Fixed assets21/28€792,905€716,891▼
Tangible fixed assets22/27€792,905€716,891▼
Land and buildings22-€134,020
Furniture and vehicles24-€48,237
Assets under construction and advance payments27-€534,634
Current assets29/58€150,383€164,828▲
Stocks and contracts in progress3€2,507€26,381▲
Stocks30/36-€6,400
Contracts in progress37-€19,981
Amounts receivable within one year40/41€136,000€108,970▼
Trade receivables40-€106,976
Other amounts receivable41-€1,994
Cash at bank and in hand54/58€9,600€25,147▲
Deferred charges and accrued income490/1-€4,330
Equity and liabilities
Total equity and liabilities10/49€943,288€881,719▼
Equity10/15€110,560€111,397▲
Contributions10/11€62,000€62,000=
Capital10-€62,000
Issued capital100-€62,000
Reserves13€48,560€49,397▲
Non-distributable reserves130/1-€6,200
Legal reserve130-€6,200
Distributable reserves133-€43,197
Amounts payable17/49€832,728€770,322▼
Amounts payable after more than one year17€627,163€575,204▼
Financial debts170/4-€200,104
Other amounts payable178/9-€375,100
Amounts payable within one year42/48€198,822€193,492▼
Current portion of amounts payable after more than one year42-€54,081
Trade debts44€66,276€68,861▲
Suppliers440/4-€68,861
Other amounts payable47/48-€70,550
Accrued charges and deferred income492/3-€1,626
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77,144€76,014▼
Other operating charges640/8-€3,590
Gross operating margin9900€94,482€89,948▼
Operating profit (loss)9901€13,250€10,344▼
Financial income75/76B-€6
Recurring financial income75-€6
Financial charges65/66B-€7,296
Recurring financial charges65€9,021€7,296▼
Profit (loss) for the period before taxes9903€4,229€3,054▼
Income taxes67/77€2,390€2,217▼
Profit (loss) for the period9904€1,839€837▼
Profit (loss) for the period to be appropriated9905€1,839€837▼
Appropriation of the result
Profit (loss) to be appropriated9906-€837
Transfer to equity691/2-€837
To other reserves6921-€837

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

Line2019202020212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86,878€86,878€77,144€76,014▼ 1.5%
Other operating charges640/8---€3,590-
Gross operating margin9900€126,060€108,977€94,482€89,948▼ 4.8%
Operating profit (loss)9901€18,342€18,296€13,250€10,344▼ 21.9%
Financial income75/76B---€6-
Recurring financial income75---€6-
Financial charges65/66B---€7,296-
Recurring financial charges65€14,541€13,514€9,021€7,296▼ 19.1%
Profit (loss) for the period before taxes9903€3,801€4,782€4,229€3,054▼ 27.8%
Income taxes67/77€2,673€3,095€2,390€2,217▼ 7.2%
Profit (loss) for the period9904€1,128€1,687€1,839€837▼ 54.5%
Profit (loss) for the period to be appropriated9905€1,128€1,687€1,839€837▼ 54.5%
Line2019202020212022Change
Assets
Total assets20/58€1.1m€960,090€943,288€881,719▼ 6.5%
Fixed assets21/28€956,927€870,049€792,905€716,891▼ 9.6%
Tangible fixed assets22/27€956,927€870,049€792,905€716,891▼ 9.6%
Land and buildings22---€134,020-
Furniture and vehicles24---€48,237-
Assets under construction and advance payments27---€534,634-
Current assets29/58€106,679€90,041€150,383€164,828▲ 9.6%
Stocks and contracts in progress3€2,507€2,507€2,507€26,381▲ 952%
Stocks30/36---€6,400-
Contracts in progress37---€19,981-
Amounts receivable within one year40/41€95,515€76,820€136,000€108,970▼ 19.9%
Trade receivables40---€106,976-
Other amounts receivable41---€1,994-
Cash at bank and in hand54/58€6,529€8,438€9,600€25,147▲ 162%
Deferred charges and accrued income490/1---€4,330-
Equity and liabilities
Total equity and liabilities10/49€1.1m€960,090€943,288€881,719▼ 6.5%
Equity10/15€107,034€108,721€110,560€111,397▲ 0.8%
Contributions10/11€62,000€62,000€62,000€62,000=
Capital10---€62,000-
Issued capital100---€62,000-
Reserves13€45,034€46,721€48,560€49,397▲ 1.7%
Non-distributable reserves130/1---€6,200-
Legal reserve130---€6,200-
Distributable reserves133---€43,197-
Amounts payable17/49€956,572€851,369€832,728€770,322▼ 7.5%
Amounts payable after more than one year17€772,762€686,860€627,163€575,204▼ 8.3%
Financial debts170/4---€200,104-
Other amounts payable178/9---€375,100-
Amounts payable within one year42/48€180,460€157,765€198,822€193,492▼ 2.7%
Current portion of amounts payable after more than one year42---€54,081-
Trade debts44€38,478€27,036€66,276€68,861▲ 3.9%
Suppliers440/4---€68,861-
Other amounts payable47/48---€70,550-
Accrued charges and deferred income492/3---€1,626-
Line2019202020212022Change
Profit (loss) for the period9904€1,128€1,687€1,839€837▼ 54.5%
+ Depreciation and write-downs630€86,878€86,878€77,144€76,014▼ 1.5%
Operating cash flow (approximation)€88,006€88,565€78,983€76,851▼ 2.7%
Investment in fixed assets (approximation)-€0€0€0-
Change in cash-€1,909€1,162€15,547▲ 1,238%

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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Timeline · acts, filings and financial milestones

2023
25-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 146 days late
2022
30-04
Financial Weakest financial yearnet €837 ▼54.5%
Net result drops to €837, the lowest in the series.
31-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 121 days late
21-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 476 days late
21-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 842 days late
2021
30-04
Financial Highest result since 2019net €1,839 ▲9%
Net result €1,839, the highest in the series.
2019
15-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 136 days late
2018
27-02
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 89 days late
27-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 454 days late
27-02
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 820 days late
2015
15-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 197 days late
11-06
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 558 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
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.
Location & real-estate footprint
Registered office, Hasselt
exact location from the address register On OpenStreetMap
Ground area
2,086 m²
Building footprint
1,039 m²
Volume, LiDAR
11,663 m³
Parcel 71324E0450/00L000, Flanders · tallest building 28.8 m, ±1 floor. Linked by address, not a title deed.
9 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71324E0450/00L000 Flanders 2,086 m² 1 · 1,039 m² 28.8 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.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 40,769 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 (pre-2019)
Founded22-11-2004
Fiscal year end30-04
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
E-mail melbeek1@telenet.be
Phone 011767550
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.