MELCHIOR D.
ActiveSummary
The computed 12-month bankruptcy probability of MELCHIOR D. is 2.2% (moderate). The 2025 annual accounts show equity of €204,149 and a net result of €57,448. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 14% of 7967 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+16
Solvency38▲+5
Growth52=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity short (current ratio 0.85 against 0.8 in 2024; short-term debt: 33.6% and cash: 0.7% of total assets), and 87.1% of the assets are financed with debt.
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Signals
Six 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
12.9%
Return on assets
3.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 7967 sector peers (2025).
NBB · sector comparisonPosition among 7967 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
on the day
2024
69 d late
2023
203 d late
2022
31 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 76 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 19 September (3 of the last 4 filed years within 50 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#1 company by total assets in Burdinne, Construction sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€57,448
2024 · -€5,506
Working capital
-€81,262▲ 36.0%
2024 · -€127,057
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€133,065-€52,172▼ 60.8%€49,952▼ 4.3%€121,224▲ 143%
Net result€111,449above the sector's middle half-€5,959within the sector's middle half▼ 94.7%-€5,506below the sector's middle half€57,448within the sector's middle half
Equity€146,449above the sector's middle half-€152,207within the sector's middle half▲ 3.9%€146,701within the sector's middle half▼ 3.6%€204,149within the sector's middle half▲ 39.2%
Total assets€1.9mabove the sector's middle half-€1.7mwithin the sector's middle half▼ 11.7%€1.9mwithin the sector's middle half▲ 10.1%€1.6mabove the sector's middle half▼ 14.6%
Debt€1.8m-€1.5m▼ 13.0%€1.7m▲ 10.3%€1.4m▼ 19.1%
Working capital-€132,529below the sector's middle half--€493below the sector's middle half▲ 99.6%-€127,057below the sector's middle half▼ 25,672%-€81,262below the sector's middle half▲ 36.0%
Solvency7.7%below the sector's middle half-9.0%below the sector's middle half▲ 1.4pp7.9%below the sector's middle half▼ 1.1pp12.9%below the sector's middle half▲ 5.0pp
Current ratio0.78below the sector's middle half-1.00below the sector's middle half▲ 0.220.80below the sector's middle half▼ 0.200.85below the sector's middle half▲ 0.05
Return on assets (ROA)5.8%within the sector's middle half-0.4%below the sector's middle half▼ 5.5pp-0.3%below the sector's middle half▼ 0.6pp3.6%within the sector's middle half▲ 3.9pp
Staff (FTE)5-6within the sector's middle half▲ 20.0%5.1within the sector's middle half▼ 15.0%5.1within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2023 Net result -95% on 2022. The accounts now follow the full schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 143% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€1.1m ▼ 16.0%
Current assets
€452,036 ▼ 10.8%
Equity and liabilities €1.6m
Equity
€204,149 ▲ 39.2%
Provisions
€13,484 ▼ 25.0%
Debt
€1.4m ▼ 19.1%
Debt's share of the balance-sheet total falls from 91.1% to 86.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€376,638▲
2024 · €264,916
Cash flow
€312,862▲
2024 · €209,458
Debt to equity
6.71▼
2024 · 11.55
ROE
28.1%▲
2024 · -3.8%
Interest coverage
6.66▲
2024 · 4.67
Debt ≤ 1 year
€533,298▼
2024 · €633,785
Debt > 1 year
€836,748▼
2024 · €1.1m
Income taxes
€7,512▲
2024 · €548
Staff costs
€214,874▼
2024 · €251,735
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,542 companies that looked in July 2024 the way this one looks now, 3.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
3.5%
went bankrupt
1.2%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.2% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 2,542 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
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €187,636 | €250,003 | €251,735 | €214,874 | ▼ 14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €193,905 | €151,688 | €214,964 | €255,414 | ▲ 18.8% |
| Other operating charges640/8 | €10,683 | €136,574 | €1,719 | €6,682 | ▲ 289% |
| Non-recurring operating charges66A | - | - | - | €12,337 | - |
| Gross operating margin9900 | €525,290 | €590,437 | €518,370 | €610,531 | ▲ 17.8% |
| Operating profit (loss)9901 | €133,065 | €52,172 | €49,952 | €121,224 | ▲ 143% |
| Financial income75/76B | - | €1 | €1,848 | €300 | ▼ 83.8% |
| Recurring financial income75 | - | €1 | €1,848 | €300 | ▼ 83.8% |
| Financial charges65/66B | €21,616 | €46,214 | €56,758 | €56,564 | ▼ 0.3% |
| Recurring financial charges65 | €21,616 | €46,214 | €56,758 | €56,564 | ▼ 0.3% |
| Profit (loss) for the period before taxes9903 | €111,449 | €5,959 | -€4,958 | €64,960 | ▲ 1,410% |
| Income taxes67/77 | - | - | €548 | €7,512 | ▲ 1,271% |
| Profit (loss) for the period9904 | €111,449 | €5,959 | -€5,506 | €57,448 | ▲ 1,143% |
| Profit (loss) for the period to be appropriated9905 | €111,449 | €5,959 | -€5,506 | €57,448 | ▲ 1,143% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1.9m | €1.7m | €1.9m | €1.6m | ▼ 14.6% |
| Fixed assets21/28 | €1.4m | €1.2m | €1.4m | €1.1m | ▼ 16.0% |
| Tangible fixed assets22/27 | €1.4m | €1.2m | €1.4m | €1.1m | ▼ 16.0% |
| Land and buildings22 | - | €340,357 | €322,520 | €304,684 | ▼ 5.5% |
| Plant, machinery and equipment23 | €77,918 | €91,488 | €71,287 | €27,787 | ▼ 61.0% |
| Furniture and vehicles24 | €21,785 | €66,633 | €113,374 | €99,412 | ▼ 12.3% |
| Leasing and similar rights25 | €990,317 | €659,956 | €845,118 | €703,760 | ▼ 16.7% |
| Assets under construction and advance payments27 | €344,393 | - | - | - | - |
| Current assets29/58 | €476,946 | €529,533 | €506,728 | €452,036 | ▼ 10.8% |
| Amounts receivable within one year40/41 | €452,889 | €522,400 | €503,471 | €440,296 | ▼ 12.5% |
| Trade receivables40 | €389,500 | €436,569 | €454,255 | €403,481 | ▼ 11.2% |
| Other amounts receivable41 | €63,389 | €85,831 | €49,216 | €36,815 | ▼ 25.2% |
| Cash at bank and in hand54/58 | €17,296 | - | €3,257 | €11,740 | ▲ 260% |
| Deferred charges and accrued income490/1 | €6,760 | €7,133 | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1.9m | €1.7m | €1.9m | €1.6m | ▼ 14.6% |
| Equity10/15 | €146,449 | €152,207 | €146,701 | €204,149 | ▲ 39.2% |
| Contributions10/11 | €35,000 | €35,000 | €35,000 | €35,000 | = |
| Profit (loss) carried forward14 | €111,449 | €117,207 | €111,701 | €169,149 | ▲ 51.4% |
| Provisions and deferred taxes16 | - | - | €17,978 | €13,484 | ▼ 25.0% |
| Provisions for liabilities and charges160/5 | - | - | €17,978 | €13,484 | ▼ 25.0% |
| Pensions and similar obligations160 | - | - | €17,978 | €13,484 | ▼ 25.0% |
| Amounts payable17/49 | €1.8m | €1.5m | €1.7m | €1.4m | ▼ 19.1% |
| Amounts payable after more than one year17 | €1.2m | €1.0m | €1.1m | €836,748 | ▼ 21.1% |
| Financial debts170/4 | €1.2m | €1.0m | €1.1m | €836,748 | ▼ 21.1% |
| Amounts payable within one year42/48 | €609,475 | €530,026 | €633,785 | €533,298 | ▼ 15.9% |
| Current portion of amounts payable after more than one year42 | €216,528 | €222,535 | €291,738 | €290,614 | ▼ 0.4% |
| Financial debts43 | €5,113 | €6,255 | - | €30,000 | - |
| Credit institutions430/8 | €5,113 | €6,255 | - | €30,000 | - |
| Trade debts44 | €270,500 | €279,038 | €256,873 | €148,801 | ▼ 42.1% |
| Suppliers440/4 | €270,500 | €279,038 | €256,873 | €148,801 | ▼ 42.1% |
| Taxes, remuneration and social security45 | €80,932 | €22,198 | €77,920 | €56,629 | ▼ 27.3% |
| Taxes450/3 | €47,142 | - | €61,104 | €41,344 | ▼ 32.3% |
| Remuneration and social security454/9 | €33,790 | €22,198 | €16,816 | €15,285 | ▼ 9.1% |
| Other amounts payable47/48 | €36,402 | - | €7,254 | €7,254 | = |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €111,449 | €5,959 | -€5,506 | €57,448 | ▲ 1,143% |
| + Depreciation and write-downs630 | €193,905 | €151,688 | €214,964 | €255,414 | ▲ 18.8% |
| Operating cash flow (approximation) | €305,354 | €157,647 | €209,458 | €312,862 | ▲ 49.4% |
| Investment in fixed assets (approximation) | - | €124,291 | -€408,829 | -€38,758 | ▲ 90.5% |
| Change in cash | - | - | - | €8,483 | - |
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
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €57,448
Net result €57,448 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €204,149 ▲39.2%
Equity rises from €146,701 to €204,149.
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 69 days late
19-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 203 days late
2024
31-12
Financial
Weakest financial yearnet -€5,506
Net result drops to -€5,506, the lowest in the series; recovery starts the following year.
2023
31-12
Financial
Equity above €150,000Eq €152,207 ▲3.9%
2 profitable years in a row build equity to €152,207.
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Burdinne · 1 establishment unit since 2022
Ground area
2,233 m²
Building footprint
232 m²
Volume, LiDAR
1,982 m³
Parcel 61010B0838/00F000, Wallonia · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MELCHIOR D.
since 20222.328.244.478
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61010B0838/00F000 | Wallonia | 2,233 m² | 1 · 231 m² | 10.6 m · 3 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
Food safety, FASFC
1 siteBurdinne2.328.244.478
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Of 8,464 companies in sector 43120 we hold annual accounts for 3,234. 2,596 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
Founded11-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
49410Freight transport by road
01110Growing of cereals (except rice), leguminous crops and oil seeds
01130Growing of vegetables, melons, roots and tubers
01500Mixed farming
01610Support activities for crop production
E-invoicing
Reachable via Peppol
Peppol ID
0208:0781870577
Also
9925:BE0781870577
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.