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MELMAT

Active
Private limited companyfounded 20242 yrs activeZilverbergstraat 100, 8792 Waregem, BelgiumKBO/BCE: BE 1004.940.487
Summary

The computed 12-month bankruptcy probability of MELMAT is 6.3% (elevated). The 2025 annual accounts show negative equity (-€13,937) and a net result of -€11,207. Its solvency ranks better than 17% of 13484 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-45
Solvency0▼-19
Growth32
Track record82
Bankruptcy probability, 12 months
6.3% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.03 against 0.04 in 2024; short-term debt: 130% and cash: 3.1% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 2025
Solvency, return and age of the figures
Solvency
-30%
Return on assets
-24.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€13,937
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 2 filings
Deviation from the deadline
2025
25 d late
2024
24 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 25 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MELMAT was incorporated on 19 January 2024 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€13,937▼ 410%
2024 · -€2,730
Total assets
€46,521▲ 0.9%
2024 · €46,105
Net result
-€11,207▼ 114%
2024 · -€5,230
Working capital
-€58,925▼ 25.4%
2024 · -€46,997
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result-€5,011--€10,763▼ 115%
Net result-€5,230--€11,207▼ 114%
Equity-€2,730--€13,937▼ 410%
Total assets€46,105-€46,521▲ 0.9%
Debt€48,835-€60,458▲ 23.8%
Working capital-€46,997--€58,925▼ 25.4%
Staff (FTE)0.5-1.6▲ 220%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2024: -€5,011-€5,011Net result 2024: -€5,230-€5,230Operating result 2025: -€10,763-€10,763Net result 2025: -€11,207-€11,20720242025-€15,000-€10,000-€5,000€0Operating result 2024: -€5,011-€5,010Net result 2024: -€5,230-€5,230Operating result 2025: -€10,763-€10,800Net result 2025: -€11,207-€11,20020242025
The operating result stays negative: a loss of €10,763 in 2025 against €5,011 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €46,521
Fixed assets €44,988 ▲ 1.6%
Current assets €1,533 ▼ 16.6%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€2,733▼
2024 · €1,178
Cash flow
-€3,177▼
2024 · €959
Solvency
-30.0%▼
2024 · -5.9%
Current ratio
0.03▼
2024 · 0.04
Debt to equity
-4.34▲
2024 · -17.89
ROA
-24.1%▼
2024 · -11.3%
Interest coverage
-5.56▼
2024 · 4.87
Debt ≤ 1 year
€60,458▲
2024 · €48,835
Staff costs
€13,722▲
2024 · €3,838
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€46,105€46,521▲
Fixed assets21/28€44,266€44,988▲
Tangible fixed assets22/27€44,266€44,988▲
Plant, machinery and equipment23€4,585€3,475▼
Furniture and vehicles24€23,557€19,365▼
Other tangible fixed assets26€16,124€22,148▲
Current assets29/58€1,839€1,533▼
Amounts receivable within one year40/41€100€100=
Trade receivables40€100€100=
Cash at bank and in hand54/58€1,739€1,433▼
Equity and liabilities
Total equity and liabilities10/49€46,105€46,521▲
Equity10/15-€2,730-€13,937▼
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14-€5,230-€16,437▼
Amounts payable17/49€48,835€60,458▲
Amounts payable within one year42/48€48,835€60,458▲
Trade debts44€8,405€14,308▲
Suppliers440/4€8,405€14,308▲
Taxes, remuneration and social security45€2,003€6,459▲
Taxes450/3€1,174€1,598▲
Remuneration and social security454/9€829€4,861▲
Other amounts payable47/48€38,427€39,690▲
Income statement Code20242025
Remuneration, social security and pensions62€3,838€13,722▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,189€8,030▲
Other operating charges640/8€1,262€1,953▲
Gross operating margin9900€6,278€12,942▲
Operating profit (loss)9901-€5,011-€10,763▼
Financial income75/76B€23€48▲
Recurring financial income75€23€48▲
Financial charges65/66B€242€492▲
Recurring financial charges65€242€492▲
Profit (loss) for the period before taxes9903-€5,230-€11,207▼
Profit (loss) for the period9904-€5,230-€11,207▼
Profit (loss) for the period to be appropriated9905-€5,230-€11,207▼
Appropriation of the result
Profit (loss) to be appropriated9906-€5,230-€16,437▼
Profit (loss) brought forward from the previous period14P--€5,230

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Remuneration, social security and pensions62€3,838€13,722▲ 258%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,189€8,030▲ 29.7%
Other operating charges640/8€1,262€1,953▲ 54.8%
Gross operating margin9900€6,278€12,942▲ 106%
Operating profit (loss)9901-€5,011-€10,763▼ 115%
Financial income75/76B€23€48▲ 113%
Recurring financial income75€23€48▲ 113%
Financial charges65/66B€242€492▲ 103%
Recurring financial charges65€242€492▲ 103%
Profit (loss) for the period before taxes9903-€5,230-€11,207▼ 114%
Profit (loss) for the period9904-€5,230-€11,207▼ 114%
Profit (loss) for the period to be appropriated9905-€5,230-€11,207▼ 114%
Line20242025Change
Assets
Total assets20/58€46,105€46,521▲ 0.9%
Fixed assets21/28€44,266€44,988▲ 1.6%
Tangible fixed assets22/27€44,266€44,988▲ 1.6%
Plant, machinery and equipment23€4,585€3,475▼ 24.2%
Furniture and vehicles24€23,557€19,365▼ 17.8%
Other tangible fixed assets26€16,124€22,148▲ 37.4%
Current assets29/58€1,839€1,533▼ 16.6%
Amounts receivable within one year40/41€100€100=
Trade receivables40€100€100=
Cash at bank and in hand54/58€1,739€1,433▼ 17.6%
Equity and liabilities
Total equity and liabilities10/49€46,105€46,521▲ 0.9%
Equity10/15-€2,730-€13,937▼ 410%
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14-€5,230-€16,437▼ 214%
Amounts payable17/49€48,835€60,458▲ 23.8%
Amounts payable within one year42/48€48,835€60,458▲ 23.8%
Trade debts44€8,405€14,308▲ 70.2%
Suppliers440/4€8,405€14,308▲ 70.2%
Taxes, remuneration and social security45€2,003€6,459▲ 222%
Taxes450/3€1,174€1,598▲ 36.1%
Remuneration and social security454/9€829€4,861▲ 486%
Other amounts payable47/48€38,427€39,690▲ 3.3%
Line20242025Change
Profit (loss) for the period9904-€5,230-€11,207▼ 114%
+ Depreciation and write-downs630€6,189€8,030▲ 29.7%
Operating cash flow (approximation)€959-€3,177▼ 431%
Investment in fixed assets (approximation)--€8,752-
Change in cash--€306-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
25-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
24-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 24 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Waregem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
3,883 m²
Building footprint
215 m²
Volume, LiDAR
1,114 m³
Parcel 34010A0494/00F000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
MELMAT
Zilverbergstraat 100, 8792 WaregemFull-service restaurants
since 20242.355.160.790
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34010A0494/00F000 Flanders 3,883 m² 1 · 215 m² 9.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Waregem2.355.160.790
1 permission
Toelating · Eetgelegenheid · since 15-02-2024

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,501 companies in sector 56111 we hold annual accounts for 11,453. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded19-01-2024
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants

Scores and ratios are computed by Checked and are not a credit decision.