MELIS-VANDECRUYS
ActiveFrom the official registers: KBO 13 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
MELIS-VANDECRUYS has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.4m and a net result of €5.1m, of which €6.2m non-recurring income. Equity has been growing by about 4.9% per year since 2018. Its solvency ranks better than 65% of 11,235 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 25-10-2012 Normal situation
- Legal form
- Private limited company
- Registered office
- Vantegemstraat 9, 9230 Wetteren
- Activity
- Buying and selling of own real estate NACE 68110and 2 others
- Establishment unit
- 2.213.957.593 9230 Wetteren, since 25-10-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 14-10-2025
Board and ownership
Board
- Ann SteenbruggheDirector · since 22-12-2023
- M.MelisDirector · since 22-12-2023 · permanent representative Melis Renaat
- Auditor
- BV Baker Tilly Bedrijfsrevisoren
Shareholders
- KOIBAconsolidatedLEI register
- Fedrus International50%annual accounts 2025
- Holdings
- Shares in 1 company SPOORGOED
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- €8.3m
- ▲ 249%
- Turnover
- ≈ €11.0m
- estimated
- Profit
- €5.1m
- ▲ 21×
- Equity
- €9.4m
- ▲ 118%
- Total assets
- €19.1m
- ▼ 5.9%
Net result +1,995%: merger2025 accounts filed 74 days before the deadline
Filed on 18-05-2026PDF
Score breakdownraises riskLiquidity: current ratio 6.92, cash €552,696lowers riskSize: total assets €19.1mFigures for financial year 2025 (filed on 19-05-2026)Equity €9.4m (49.0% of total assets)Show the evidence
Checked score
Score 2025
98
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 85% of medium-sized companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency
74+28
equity 49.0% of total assets
Liquidity
54+3
short-term debt 7.9% · cash 2.9%
Profitability
100+51
return on assets 26.5%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.2%▲ +0.1 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.2%▼ -0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.3%▲ +0.1 percentage points vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: < 0.1%▼ -0.3 percentage points vs 05-2026lowest value
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €900,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.92 (0.77 in 2024), above the usual 1.5. Short-term debt is 7.9% and cash 2.9% of total assets. However, 51% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, medium-sized). It does better than 69% of them on solvency, 79% on liquidity, 99% on profitability and 94% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises riskneutral
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 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
74 days early
2024
22 days early
2023
23 days early
2022
6 days early
2021
12 days early
2020
4 days early
2019
45 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 14 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
- Result rose in 2025merger with SPOORGOED ▲ 21× View
- Positive: Higher net result than 95% of companies in real estatesector median €10,020 · 11,226 companies €5.1m View
- Positive: 8 profitable years in a rowprofit 2025: €5.1m, mostly one-off 8 years View
- Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 18-05-2026
- Annual accounts 2024filed on 09-07-2025
- Annual accounts 2023filed on 08-07-2024
- Annual accounts 2022filed on 25-07-2023
Acts in the Belgian Official Gazette
- Amendment of the articles · Resignations & appointments · Restructuringact of 02-01-2026
- Capital & shares · Restructuringact of 04-11-2025
- Legal-form change · Resignations & appointmentsact of 28-12-2023
- Resignations & appointmentsact of 06-11-2023
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about MELIS-VANDECRUYS
- What is the company number of MELIS-VANDECRUYS?
- The company number of MELIS-VANDECRUYS is 0849.945.573. The VAT number is the same number with BE in front: BE 0849.945.573.
- Where is MELIS-VANDECRUYS based?
- The registered office is at Vantegemstraat 9, 9230 Wetteren.Company details
- What does MELIS-VANDECRUYS do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of MELIS-VANDECRUYS?
- The legal form of MELIS-VANDECRUYS is Private limited company (BV).
- When was MELIS-VANDECRUYS founded?
- MELIS-VANDECRUYS was founded on 25-10-2012.
- Is MELIS-VANDECRUYS still active?
- Yes, MELIS-VANDECRUYS is an active enterprise in the KBO register.
- How many employees does MELIS-VANDECRUYS have?
- MELIS-VANDECRUYS had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of MELIS-VANDECRUYS?
- The turnover in financial year 2025 is ≈ €11.0m. This figure is estimated from the gross margin of €8.3m and 39 comparable companies (NACE 681). It probably lies between €8.5m and €24.0m. In financial year 2022 turnover was €2.4m.
- Is MELIS-VANDECRUYS profitable?
- In financial year 2025, MELIS-VANDECRUYS made a profit of €5.1m.
- Where can I find the annual accounts of MELIS-VANDECRUYS?
- MELIS-VANDECRUYS filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of MELIS-VANDECRUYS due?
- MELIS-VANDECRUYS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Companies linked to MELIS-VANDECRUYS
Comparable companies
These companies have the same main activity as MELIS-VANDECRUYS: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €8.1m and €39m, founded between 2008 and 2015.
| Company | Total assets | Gross margin |
|---|---|---|
| MELIS-VANDECRUYS Wetteren | €19.1m | €8.3m |
| Abaco Belgium Brussel | €22.8m | €7.2m |
| Compagnie Immobilière du Régent Ukkel | €28.7m | €3.0m |
| SHOPPING PROMENADE KAPELLEN Brasschaat | €18.1m | €2.3m |
| MY BREEX Gent | €8.1m | €2.9m |
| Solbus Etterbeek | €23.4m | €2.0m |
| EQUITERRE Leuven | €38.8m | €2.6m |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.KOIBA · 15 companies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.