MELIS-VANDECRUYS

Active

Private limited companyfounded 2012active for 14 yearsVantegemstraat 9, 9230 Wetteren, BelgiumKBO/BCE: BE 0849.945.573

From 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 is growing by about 4.9% per year across the filed financial years. Its solvency ranks better than 65% of 11,221 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

MELIS-VANDECRUYSActiveChecked score 98/100

Risk analysis Report Compare

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

Company details

Who decides

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

Board & ownership

How it is doing

98 Excellent Checked score 2025

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 74 days early

Filed on 18-05-2026PDF

Financials

Why 98raises riskLiquidity: current ratio 6.92, cash €552,696lowers riskSize: total assets €19.1mFigures for financial year 2025 (filed 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 better than 85% of its sector peers (NACE 68, medium-sized)

Every signal that counts is listed under Signals.

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, 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).

Sector median 0.1% (1,722 companies, NACE 68, medium-sized)

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 ample (current ratio 6.92, compared with 0.77 in 2024, above the usual 1.5; short-term debt: 7.9% and cash: 2.9% of total assets), but 51% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 69% 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Size: total assets €19.1m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Figures for financial year 2025 (filed 19-05-2026)

NBB · annual accounts

Liquidity: current ratio 6.92, cash €552,696

NBB · annual accounts

Equity €9.4m (49.0% of total assets)

NBB · annual accounts

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 filings

Deviation 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

This company filed its last 7 accounts on average 14 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

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 months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Result rose in 2025merger with SPOORGOED ▲ 21× View
Positive: Among the best 5% on net resultsector median €10,048 · 11,212 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

Key facts about MELIS-VANDECRUYS

What is the company number of MELIS-VANDECRUYS?: 0849.945.573. In Belgium the VAT number is the company 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?: Private limited company (BV).
When was MELIS-VANDECRUYS 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?: On average 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of MELIS-VANDECRUYS?: ≈ €11.0m in financial year 2025. Estimated from the gross margin of €8.3m: probably between €8.5m and €24.0m, based on 39 comparable companies, NACE 681. 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?: By 31-07-2027, for financial year 2026.Timeline