MELITAX
ActiveMELITAX has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €-146. Equity is growing by ~50.8% per year across the filed fiscal years. Its solvency ranks better than 34% of 7683 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency49▼-14
Growth78=
Stability94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 1.48 in 2024), and 69.2% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
30.8%
Return on assets
-0.3%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-01-2026, 12 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
12 d early
2024
11 d early
2023
27 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€15k▼ 1.0%
2024 · €15k
2023: €-231
2024: €15k
2023 → 2025
Total assets
€47k▲ 7.6%
2024 · €44k
2024: €44k
2024 → 2025
Net result
€-146
2024 · €15k
2023: €-231
2024: €15k
2023 → 2025
Working capital
€1k▼ 86.1%
2024 · €9k
2024: €9k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€-231-€15k€15k▼ 1.0%
Operating result€-231-€21k€1k▼ 93.8%
Net result€-231-€15k€-146
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 94% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €47k
Fixed assets
€13k▼ 21.4%
Current assets
€34k▲ 25.8%
Equity and liabilities €47k
Equity
€15k▼ 1.0%
Debt
€33k▲ 11.9%
The debt ratio rises from 66.6% to 69.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€5k▼
2024 · €22k
Cash flow
€3k▼
2024 · €16k
Solvency
30.8%▼
2024 · 33.4%
Current ratio
1.04▼
2024 · 1.48
Quick ratio
1.04▼
2024 · 1.48
Debt / equity
2.25▲
2024 · 1.99
ROE
-1.0%▼
2024 · 101.6%
ROA
-0.3%▼
2024 · 34.0%
Interest coverage
6.54▼
2024 · 24.04
Debt
€33k▲
2024 · €29k
Debt ≤ 1 year
€33k▲
2024 · €18k
Income taxes
€1k▼
2024 · €6k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€44k€47k▲
Fixed assets21/28€17k€13k▼
Tangible fixed assets22/27€17k€13k▼
Plant, machinery and equipment23€3k€2k▼
Other tangible fixed assets26€14k€11k▼
Current assets29/58€27k€34k▲
Amounts receivable within one year40/41€15k€34k▲
Trade receivables40€4k€21k▲
Other amounts receivable41€11k€12k▲
Cash at bank and in hand54/58€12k-
Equity and liabilities
Total equity and liabilities10/49€44k€47k▲
Equity10/15€15k€15k▼
Profit (loss) carried forward14€15k€15k▼
Amounts payable17/49€29k€33k▲
Amounts payable within one year42/48€18k€33k▲
Financial debts43-€6
Credit institutions430/8-€6
Trade debts44€754€493▼
Suppliers440/4€754€493▼
Advances received on contracts in progress46-€26k
Taxes, remuneration and social security45€17k€6k▼
Taxes450/3€17k€5k▼
Remuneration and social security454/9-€1k
Accrued charges and deferred income492/3€11k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€4k▲
Other operating charges640/8€1k€761▼
Gross operating margin9900€24k€6k▼
Operating profit (loss)9901€21k€1k▼
Financial income75/76B€299€650▲
Recurring financial income75€299€650▲
Financial charges65/66B€935€757▼
Recurring financial charges65€935€757▼
Profit (loss) for the period before taxes9903€21k€1k▼
Income taxes67/77€6k€1k▼
Profit (loss) for the period9904€15k€-146▼
Profit (loss) for the period to be appropriated9905€15k€-146▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€15k▼
Profit (loss) brought forward from the previous period14P€-231€15k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
20-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
27-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2023
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.
Braemkasteelstraat 719050 GentGround area
449 m²
Building footprint
77 m²
Parcel 44022A0456/00P000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
Braemkasteelstraat 71, 9050 Gent
since 20232.347.595.483
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44022A0456/00P000 | Flanders | 449 m² | 1 · 76 m² | 0.1 m |
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.
Similar companies · same sector, comparable size
JJ MANAGEMENT
BE 0748.846.334
Herk-de-Stad · Eq €15k
C-WEL
BE 0756.663.841
Erezée · Eq €15k
groupe d'initiative italienne
BE 0641.923.828
Brussel · Eq €15k
International Horizon Scanning Initiative
BE 0735.645.228
Brussel · Eq €15k
Int. Marine Consulting
BE 0788.781.432
Antwerpen · Eq €15k
Of 24,420 companies in sector 82990 we hold annual accounts for 9,359. 5,210 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-07-2022
Fiscal year end30-06
Activities, NACEBEL
82990Other business support services
46130Agents in the wholesale of timber and building materials
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.