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MELGO

Active Private limited companyfounded 2007active for 19 yearsKapellestraat 10, 9190 StekeneKBO/BCE: BE 0886.863.575

Lifetime

19 annual accounts with figures on one time axis
peak €83,198 (2022)
€81,572▲ 33.5%
lowest -€10,779 (2014)
€44,266▲ 29.3%
peak €167,909 (2025)
€167,909▲ 34.9%
€15,265▼ 32.7%
peak 1.2 FTE (2016)
-not published
Board2 names since 2007
1 director
Documentsfilings and deeds
16-06-202645 days before the deadline
2025micro format
Gross margin from €61,118 to €81,572Result from €34,242 to €44,266Dividend €859Equity from €124,502 to €167,909Debts from €22,695 to €15,265Cash from €84,601 to €124,709

Key points

from the 2025 annual accounts

Equity

€167,909 ▲ 34.9%

MELGO has made a profit without a break since 2015.

Liquidity

9.90 was 5.59 in 2024

Short-term debts fell from €16,306 to €13,968.

Filings

19 annual accounts since 2007
AprilJune31 JulyOctober2010201520202025

The last five annual accounts were filed 9 to 45 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 34,691 companies had the same profile as MELGO has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,691 companies, not a prediction for MELGO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 15-06-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0886863575
Company renamed to MELGO New name: MELGO · Resignation: (director) · “diensten in verband met land-,tuin-en akkerbouw; het kweken en vetmesten van schapen,varkens,runderen,kippen…” (deed in Dutch) · General meeting of 15-06-2023 · Gazette deed
Incorporation published on 08-02-2007 · Gazette deed
First establishment Kapellestraat 10, Stekene
All 30 events

Comparable companies

same main activity, similar in size and age
Company
MELGO Stekene €183,174 €81,572 91.7% -
CONSEIL-IMMO Dinant €206,595 €63,188 44.8% -
Bureau d'Expertises Immobilières VANCAUWENBERGHE Bernissart €186,228 €59,509 96.4% -
AGECI EXPERTISE Mont-Saint-Guibert €221,035 €115,693 31.4% -
SOBEGEX Court-Saint-Etienne €226,935 €119,664 75.6% -
EUROHOUSE Auderghem €132,507 €74,436 44.4% 3.6
DE GROOTE & PARTNERS Merelbeke-Melle €166,354 €53,278 73.1% -

These companies have the same main activity as MELGO: real estate appraisal on a fee or contract basis (NACE 68322). They are comparable in size and age: total assets between €133,000 and €227,000, founded between 2001 and 2011.

Official details

Source: KBO
Status
Active since 31-01-2007Normal situation
Activity
Real estate appraisal on a fee or contract basisNACE 68322and 6 others
Joint committee
145Horticulture · annual accounts 2022
Establishment unit
2.159.207.7269190 Stekene, since 26-01-2007
Financial year end
31 December
Peppol
Reachable since 05-06-2024
Company details

Annual accounts 2025

≈ €170,000estimated
€183,174▲ 24.4%
Filing
Filed on 16-06-2026, 45 days before the end of the filing period
Financials

Insights on MELGO

MELGO files the micro format. That format states no turnover. The gross margin rose from €7,020 in 2007 to €81,572 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MELGO

What is the company number of MELGO?
The company number of MELGO is 0886.863.575. The VAT number is the same number with BE in front: BE 0886.863.575.
Where is MELGO based?
The registered office is at Kapellestraat 10, 9190 Stekene.Company details
What does MELGO do?
According to the KBO register, the main activity is real estate appraisal on a fee or contract basis (NACE 68322).
What is the legal form of MELGO?
MELGO is a private limited company (BV).
When was MELGO founded?
MELGO was founded on 31-01-2007.
Is MELGO still active?
Yes, MELGO is an active enterprise in the KBO register.
How many employees does MELGO have?
MELGO had an average of 0.1 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
Which joint committee does MELGO fall under?
In its 2022 annual accounts, MELGO states joint committee 145 (Horticulture).
What is the turnover of MELGO?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €81,572 and 32 comparable companies (NACE 683). It probably lies between €110,000 and €240,000.
Is MELGO profitable?
In financial year 2025, MELGO made a profit of €44,266.
Where can I find the annual accounts of MELGO?
MELGO filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MELGO due?
MELGO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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