Melfi
ActiveMelfi has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €40k and a net result of €9k. Equity is growing by ~24.9% per year across the filed fiscal years. Its solvency ranks better than 81% of 2090 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▲+68
Solvency91▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity ample (current ratio 3.26 against 2.14 in 2023; short-term debt: 28.1% and cash: 50.2% of total assets), and 34.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
65.7%
Return on assets
15.6%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 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 filingsDeviation from the deadline
2025
not confirmed
2024
91 d late
2023
71 d late
2022
157 d late
2021
115 d late
2020
90 d late
2019
32 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9k
2023 · €-2k
2018: €-16k
2019: €8k
2020: €22k
2021: €14k
2022: €-4k
2023: €-2k
2018 → 2024
Working capital
€39k▲ 42.7%
2023 · €27k
2018: €-11k
2019: €455
2020: €20k
2021: €29k
2022: €24k
2023: €27k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€22k-€37k▲ 64.1%€33k▼ 11.5%€31k▼ 6.3%€40k▲ 31.1%
Operating result€24k-€17k▼ 29.4%€-3k€-1k▲ 50.2%€12k
Net result€22k-€14k▼ 34.6%€-4k€-2k▲ 51.5%€9k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €12k after a loss of €1k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €61k
Fixed assets
€5k▼ 30.9%
Current assets
€56k▲ 9.7%
Equity and liabilities €61k
Equity
€40k▲ 31.1%
Debt
€21k▼ 24.7%
The debt ratio falls from 47.6% to 34.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15k▲
2023 · €697
Cash flow
€12k▲
2023 · €-49
Solvency
65.7%▲
2023 · 52.4%
Current ratio
3.26▲
2023 · 2.14
Quick ratio
3.10▲
2023 · 1.97
Debt / equity
0.52▼
2023 · 0.91
ROE
23.7%▲
2023 · -6.7%
ROA
15.6%▲
2023 · -3.5%
Interest coverage
26.59▲
2023 · 0.66
Debt
€21k▼
2023 · €28k
Debt ≤ 1 year
€17k▼
2023 · €24k
Income taxes
€2k▲
2023 · €-303
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€58k€61k▲
Fixed assets21/28€7k€5k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€7k€5k▼
Land and buildings22€3k€3k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€734€363▼
Current assets29/58€51k€56k▲
Stocks and contracts in progress3€4k€3k▼
Stocks30/36€4k€3k▼
Amounts receivable within one year40/41€36k€22k▼
Trade receivables40€29k€16k▼
Other amounts receivable41€6k€6k▼
Cash at bank and in hand54/58€11k€31k▲
Deferred charges and accrued income490/1€183€76▼
Equity and liabilities
Total equity and liabilities10/49€58k€61k▲
Equity10/15€31k€40k▲
Contributions10/11€6k€6k=
Reserves13€500€500=
Non-distributable reserves130/1€500€500=
Reserves not available under the articles1311€500€500=
Profit (loss) carried forward14€24k€33k▲
Amounts payable17/49€28k€21k▼
Amounts payable within one year42/48€24k€17k▼
Current portion of amounts payable after more than one year42€2k€2k=
Trade debts44€16k€9k▼
Suppliers440/4€16k€9k▼
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€2k€3k▲
Remuneration and social security454/9€4k€2k▼
Other amounts payable47/48€0€0=
Accrued charges and deferred income492/3€4k€4k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€619€287▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€1k€17k▲
Operating profit (loss)9901€-1k€12k▲
Financial income75/76B€0€23▲
Recurring financial income75€0€23▲
Financial charges65/66B€1k€553▼
Recurring financial charges65€1k€553▼
Profit (loss) for the period before taxes9903€-2k€12k▲
Income taxes67/77€-303€2k▲
Profit (loss) for the period9904€-2k€9k▲
Profit (loss) for the period to be appropriated9905€-2k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€33k▲
Profit (loss) brought forward from the previous period14P€26k€24k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
23-03
State Gazette act
Capital & shares · Resignations & appointmentsGeneral meeting · Director resignation · Director appointment4 facts ▸
State Gazette act
Capital & shares · Resignations & appointments
General meeting · Director resignation · Director appointment4 facts ▸
- General meeting, 09/03/2026
- Director resignation, Nittoli Antonio (administrateur)
- Director appointment, Nittoli Enzo (administrateur)
- Share transfer, Nittoli Antonio → Nittoli Enzo
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 91 days late
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after 2 loss-making years.
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
04-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 157 days late
2022
23-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 115 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 90 days late
2020
31-12
Financial
Highest result since 2018net €22k ▲189%
Operating result €24k, net result €22k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.26
Current ratio from 1.02 to 2.26; short-term debt falls from €26k to €15k.
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 32 days late
2019
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2025
Nittoli Enzo
CurrentDirector · since 02-07-2025
02-07-2025
Nittoli Enzo: Appointed as Director
02-07-2025
Nittoli Antonio: Resigned as Director
31-08-2023
Nittoli Enzo: Resigned as Director
12-09-2018
Jean-Yves VERRAES: Resigned as Managing director
Location & real-estate footprint
Registered office, Herstal · 1 establishment unit since 1996
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.
Rue du Grand Puits 754040 HerstalGround area
157 m²
Building footprint
42 m²
Parcel 62051C0751/00G000, Wallonia. Linked by address, not a title deed.
1 establishment unit
QUATTRO STRAGIONI
since 19962.075.581.155
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62051C0751/00G000 | Wallonia | 157 m² | 1 · 41 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Capital and shareholders
Transfer of 747 shares from Nittoli Antonio to Nittoli Enzo
Recognitions · licences · registrations
Food safety, FASFC
1 siteHerstal2.075.581.155
Similar companies · same sector, comparable size
Pasta & zo
BE 0646.747.795
Kapellen · Eq €46k
Pasta Gianni & Fils
BE 0715.763.790
La Louvière · Eq €60k
GOFFARD SISTERS
BE 0567.743.275
Ans · Eq €26k
SBL YELENA
BE 0563.384.116
Sint-Jans-Molenbeek · Eq €22k
PASTIFICIO BELMONTESE
BE 0865.997.687
Soumagne · Eq €21k
Of 63 companies in sector 10730 we hold annual accounts for 39. 19 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-02-1996
Fiscal year end31-12
Activities, NACEBEL
10730Manufacture of food products
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
47252Retail sale of beverages, general range
47279Other retail sale of food
47299Retail trade
52250Logistics services
52272
55302
55522
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.