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MELCOL

Active
Public limited companyfounded 20197 yrs activeBrusselsesteenweg 282, 9090 Merelbeke-Melle, BelgiumKBO/BCE: BE 0718.893.823
Summary

The computed 12-month bankruptcy probability of MELCOL is 1.9% (moderate). The 2025 annual accounts show equity of €35,969 and a net result of -€5,002. Equity is shrinking by ~8.7% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability37=
Solvency26=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity ample (current ratio 7.02; short-term debt: 14.2% and cash: 0.5% of total assets), but 98.8% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
202122232425
2020 to 2025 · latest year -€5,002
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
on the day
2024
1 d early
2023
on the day
2022
2 d early
2021
30 d early
2020
42 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 13 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
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

MELCOL was incorporated on 18 January 2019.1 Total assets rose from EUR 2.3 million in 2020 to EUR 3.1 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€35,969▼ 12.2%
2024 · €40,971
Total assets
€3.1m▲ 4.1%
2024 · €2.9m
Net result
-€5,002▲ 9.7%
2024 · -€5,538
Working capital
€2.6m▼ 10.7%
2024 · €2.9m
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
Line20212022202320242025
Operating result-€3,104▲ 29.7%€27,544-€2,996-€3,859▼ 28.8%-€4,012▼ 4.0%
Net result-€3,493▲ 40.4%-€2,970▲ 15.0%-€4,163▼ 40.2%-€5,538▼ 33.0%-€5,002▲ 9.7%
Equity€53,642▼ 6.1%€50,672▼ 5.5%€46,509▼ 8.2%€40,971▼ 11.9%€35,969▼ 12.2%
Total assets€2.3m▲ 1.8%€2.7m▲ 16.0%€2.8m▲ 3.3%€2.9m▲ 5.5%€3.1m▲ 4.1%
Debt€2.3m▲ 2.0%€2.6m▲ 16.5%€2.7m▲ 3.5%€2.9m▲ 5.8%€3.0m▲ 4.3%
Working capital€53,642▼ 6.1%€2.7m▲ 4,920%€2.8m▲ 3.2%€2.9m▲ 5.7%€2.6m▼ 10.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000€30,000Operating result 2021: -€3,104-€3,104Net result 2021: -€3,493-€3,493Operating result 2022: €27,544€27,544Net result 2022: -€2,970-€2,970Operating result 2023: -€2,996-€2,996Net result 2023: -€4,163-€4,163Operating result 2024: -€3,859-€3,859Net result 2024: -€5,538-€5,538Operating result 2025: -€4,012-€4,012Net result 2025: -€5,002-€5,00220212022202320242025-€6,000-€4,000-€2,000€0Operating result 2023: -€2,996-€3,000Net result 2023: -€4,163-€4,160Operating result 2024: -€3,859-€3,860Net result 2024: -€5,538-€5,540Operating result 2025: -€4,012-€4,010Net result 2025: -€5,002-€5,000202320242025
The operating result stays negative: a loss of €4,012 in 2025 against €3,859 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €3.1m
Equity €35,969 ▼ 12.2%
Debt €3.0m ▲ 4.3%
Debt's share of the balance-sheet total rises from 98.6% to 98.8%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
7.02
Quick ratio
0.03▼
2024 · 65.81
Debt to equity
83.96▲
2024 · 70.64
ROE
-13.9%▼
2024 · -13.5%
ROA
-0.2%▲
2024 · -0.2%
Debt ≤ 1 year
€435,352▲
2024 · €97
Debt > 1 year
€2.6m▼
2024 · €2.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 818 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 94% are still going.

  • Small
  • 5 to 10 years old
  • solvency under 10%
  • a small loss
1.8% went bankrupt
3.3% stopped otherwise
94% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.9% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 818 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 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.9m€3.1m▲
Current assets29/58€2.9m€3.1m▲
Stocks and contracts in progress3€2.9m€3.0m▲
Stocks30/36€2.9m€3.0m▲
Amounts receivable within one year40/41-€351
Other amounts receivable41-€351
Cash at bank and in hand54/58€6,099€13,772▲
Deferred charges and accrued income490/1€296€310▲
Equity and liabilities
Total equity and liabilities10/49€2.9m€3.1m▲
Equity10/15€40,971€35,969▼
Contributions10/11€63,000€63,000=
Capital10€63,000€63,000=
Issued capital100€63,000€63,000=
Profit (loss) carried forward14-€22,029-€27,031▼
Amounts payable17/49€2.9m€3.0m▲
Amounts payable after more than one year17€2.9m€2.6m▼
Financial debts170/4€2.9m€2.6m▼
Amounts payable within one year42/48€97€435,352▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€97€227▲
Suppliers440/4€97€227▲
Advances received on contracts in progress46-€430,000
Other amounts payable47/48-€5,125
Accrued charges and deferred income492/3€18,612€14,821▼
Income statement Code20242025
Other operating charges640/8€1,315€1,302▼
Gross operating margin9900-€2,544-€2,710▼
Operating profit (loss)9901-€3,859-€4,012▼
Financial income75/76B-€1,169
Recurring financial income75-€1,169
Financial charges65/66B€1,680€2,159▲
Recurring financial charges65€1,680€2,159▲
Profit (loss) for the period before taxes9903-€5,538-€5,002▲
Profit (loss) for the period9904-€5,538-€5,002▲
Profit (loss) for the period to be appropriated9905-€5,538-€5,002▲
Appropriation of the result
Profit (loss) to be appropriated9906-€22,029-€27,031▼
Profit (loss) brought forward from the previous period14P-€16,491-€22,029▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8-€14,463€1,075€1,315€1,302▼ 1.0%
Gross operating margin9900-€2,310€42,008-€1,922-€2,544-€2,710▼ 6.5%
Operating profit (loss)9901-€3,104€27,544-€2,996-€3,859-€4,012▼ 4.0%
Financial income75/76B----€1,169-
Recurring financial income75----€1,169-
Financial charges65/66B-€30,514€1,166€1,680€2,159▲ 28.5%
Recurring financial charges65€389€30,514€1,166€1,680€2,159▲ 28.5%
Profit (loss) for the period before taxes9903-€3,493-€2,970-€4,163-€5,538-€5,002▲ 9.7%
Profit (loss) for the period9904-€3,493-€2,970-€4,163-€5,538-€5,002▲ 9.7%
Profit (loss) for the period to be appropriated9905-€3,493-€2,970-€4,163-€5,538-€5,002▲ 9.7%
Line20212022202320242025Change
Assets
Total assets20/58€2.3m€2.7m€2.8m€2.9m€3.1m▲ 4.1%
Current assets29/58€2.3m€2.7m€2.8m€2.9m€3.1m▲ 4.1%
Stocks and contracts in progress3€2.3m€2.7m€2.8m€2.9m€3.0m▲ 3.8%
Stocks30/36-€2.7m€2.8m€2.9m€3.0m▲ 3.8%
Amounts receivable within one year40/41----€351-
Other amounts receivable41----€351-
Cash at bank and in hand54/58€25,337€12,570€0€6,099€13,772▲ 126%
Deferred charges and accrued income490/1--€282€296€310▲ 4.5%
Equity and liabilities
Total equity and liabilities10/49€2.3m€2.7m€2.8m€2.9m€3.1m▲ 4.1%
Equity10/15€53,642€50,672€46,509€40,971€35,969▼ 12.2%
Contributions10/11€63,000€63,000€63,000€63,000€63,000=
Capital10-€63,000€63,000€63,000€63,000=
Issued capital100-€63,000€63,000€63,000€63,000=
Profit (loss) carried forward14-€9,358-€12,328-€16,491-€22,029-€27,031▼ 22.7%
Amounts payable17/49€2.3m€2.6m€2.7m€2.9m€3.0m▲ 4.3%
Amounts payable after more than one year17-€2.6m€2.7m€2.9m€2.6m▼ 10.6%
Financial debts170/4-€2.6m€2.7m€2.9m€2.6m▼ 10.6%
Amounts payable within one year42/48€2.3m€0€4,126€97€435,352▲ 447,885%
Financial debts43-€0€4,123€0--
Credit institutions430/8-€0€4,123€0--
Trade debts44€543€0€3€97€227▲ 134%
Suppliers440/4-€0€3€97€227▲ 134%
Advances received on contracts in progress46----€430,000-
Other amounts payable47/48-€0--€5,125-
Accrued charges and deferred income492/3---€18,612€14,821▼ 20.4%
Line20212022202320242025Change
Profit (loss) for the period9904-€3,493-€2,970-€4,163-€5,538-€5,002▲ 9.7%
Operating cash flow (approximation)-€3,493-€2,970-€4,163-€5,538-€5,002▲ 9.7%
Change in cash--€12,767-€12,570€6,099€7,673▲ 25.8%

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

Next filing, fiscal year 2026, expected by 30-04-2027
2026
30-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
29-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Liquidity times 45current ratio 30203.76
Current ratio from 674.36 to 30203.76; short-term debt falls from €4,126 to €97.
30-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
19-03
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.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Merelbeke-Melle · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
160 m²
Building footprint
206 m²
Parcel 44040C0169/00Z000, Flanders. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
MELCOL
Brusselsesteenweg 282, 9090 Merelbeke-MelleReal estate development
since 20192.285.019.496
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44040C0169/00Z000 Flanders 160 m² 1 · 205 m² -
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.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded18-01-2019
Fiscal year end30-09
E-invoicing
Reachable via Peppol
Peppol ID 0208:0718893823
Registered 19-06-2026

Register as of 27 September 2026 · Peppol Directory

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