MELIMMO
ActiveMELIMMO has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.00M and a net result of €-93k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 79% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability33▲+4
Solvency95▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €280k at 30 days acceptable
Liquidity short (current ratio 0.81 against 0.92 in 2023; short-term debt: 15.9% and cash: 0.8% of total assets), and 29.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-10-2025, 67 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
67 d late
2023
7 d late
2022
71 d late
2021
5 d early
2020
297 d late
2019
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€4.00M▼ 2.3%
2023 · €4.09M
2018: €3.56M
2019: €3.57M
2020: €3.99M
2021: €4.28M
2022: €4.19M
2023: €4.09M
2018 → 2024
Total assets
€5.71M▼ 3.8%
2023 · €5.94M
2018: €6.31M
2019: €6.51M
2020: €7.47M
2021: €6.98M
2022: €6.42M
2023: €5.94M
2018 → 2024
Net result
€-93k▼ 6.1%
2023 · €-88k
2018: €630k
2019: €36k
2020: €422k
2021: €296k
2022: €-108k
2023: €-88k
2018 → 2024
Working capital
€-174k▼ 79.7%
2023 · €-97k
2018: €-1.12M
2019: €-747k
2020: €-366k
2021: €43k
2022: €-80k
2023: €-97k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€3.99M-€4.28M▲ 7.3%€4.19M▼ 2.3%€4.09M▼ 2.2%€4.00M▼ 2.3%
Operating result€604k-€377k▼ 37.6%€33k▼ 91.3%€68k▲ 108%€-354k
Net result€422k-€296k▼ 29.9%€-108k€-88k▲ 18.9%€-93k▼ 6.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €354k after €68k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.71M
Fixed assets
€4.97M▲ 2.4%
Current assets
€735k▼ 31.9%
Equity and liabilities €5.71M
Equity
€4.00M▼ 2.3%
Provisions
€360k▼ 4.3%
Debt
€1.35M▼ 8.1%
The debt ratio falls from 24.7% to 23.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-120k▼
2023 · €258k
Cash flow
€141k▲
2023 · €102k
Solvency
70.1%▲
2023 · 69.0%
Current ratio
0.81▼
2023 · 0.92
Quick ratio
0.81▼
2023 · 0.92
Debt / equity
0.34▼
2023 · 0.36
ROE
-2.3%▼
2023 · -2.1%
ROA
-1.6%▼
2023 · -1.5%
Interest coverage
0.49▼
2023 · 1.51
Debt
€1.35M▼
2023 · €1.47M
Debt ≤ 1 year
€910k▼
2023 · €1.18M
Debt > 1 year
€436k▲
2023 · €288k
Income taxes
€0▼
2023 · €637
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€5.94M€5.71M▼
Fixed assets21/28€4.86M€4.97M▲
Tangible fixed assets22/27€4.86M€4.97M▲
Land and buildings22€4.86M€4.97M▲
Plant, machinery and equipment23€49€33▼
Financial fixed assets28€600€600=
Current assets29/58€1.08M€735k▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€1.07M€690k▼
Trade receivables40€5k€18k▲
Other amounts receivable41€1.06M€672k▼
Cash at bank and in hand54/58€11k€43k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€5.94M€5.71M▼
Equity10/15€4.09M€4.00M▼
Contributions10/11€2.58M€2.58M=
Capital10€2.58M€2.58M=
Issued capital100€2.99M€2.99M=
Uncalled capital101€407k€407k=
Reserves13€1.51M€1.42M▼
Non-distributable reserves130/1€157k€157k=
Legal reserve130€157k€157k=
Tax-exempt reserves132€1.19M€1.14M▼
Distributable reserves133€170k€125k▼
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€376k€360k▼
Deferred taxes168€376k€360k▼
Amounts payable17/49€1.47M€1.35M▼
Amounts payable after more than one year17€288k€436k▲
Financial debts170/4€288k€436k▲
Amounts payable within one year42/48€1.18M€910k▼
Current portion of amounts payable after more than one year42€126k€172k▲
Financial debts43€132k€22k▼
Credit institutions430/8€132k€22k▼
Trade debts44€35k€52k▲
Suppliers440/4€35k€52k▲
Taxes, remuneration and social security45€3k€1k▼
Taxes450/3€3k€1k▼
Other amounts payable47/48€880k€662k▼
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20232024
Non-recurring operating income76A€9k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€190k€234k▲
Other operating charges640/8€34k€327k▲
Non-recurring operating charges66A€0€145k▲
Gross operating margin9900€293k€351k▲
Operating profit (loss)9901€68k€-354k▼
Financial income75/76B€35€0▼
Recurring financial income75€35€0▼
Financial charges65/66B€172k€-245k▼
Recurring financial charges65€172k€-245k▼
Profit (loss) for the period before taxes9903€-103k€-109k▼
Transfer from deferred taxes780€16k€16k=
Income taxes67/77€637€0▼
Profit (loss) for the period9904€-88k€-93k▼
Transfer from tax-exempt reserves789€48k€48k=
Profit (loss) for the period to be appropriated9905€-39k€-45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-39k€-45k▼
Transfer from equity791/2€44k€45k▲
Profit to be distributed694/7€4k€0▼
Return on contributions (dividend)694€4k€0▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 67 days late
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 7 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 71 days late
2022
31-12
Financial
Weakest financial yearnet €-108k ▼137%
Net result drops to €-108k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
24-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 297 days late
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 331 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
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.
14-02-2023
Van Melle Philippe: Resigned as Director
14-02-2023
Van Melle Philippe: Resigned as Managing director
25-11-2016
Huguette Lippens: Resigned as Director
07-04-2015
Huguette Lippens: Resigned as Director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1988
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.
Kalandestraat 169000 GentGround area
1,260 m²
Building footprint
652 m²
Volume, LiDAR
9,720 m³
2 parcels, Flanders · tallest building 19.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
NV MELIMMO
since 19882.040.752.910
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0621/00E002 | Flanders | 1,066 m² | 1 · 476 m² | 19.0 m · 5 fl. |
| 44803C1100/00B000 | Flanders | 194 m² | 1 · 175 m² | 18.0 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
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Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 3,447 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-05-1988
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 37 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.