Skip to content

MELSTEEN

Active
Public limited companyfounded 198738 yrs activeHendrik Consciencestraat 1B, 2800 Mechelen, BelgiumKBO/BCE: BE 0432.843.791
Summary

MELSTEEN has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €90,947. Equity is shrinking by ~5.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability60▲+6
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75,000 at 30 days acceptable
Liquidity ample (current ratio 65.45 against 2.24 in 2024; short-term debt: 0.2% and cash: 0.8% of total assets), and 0.6% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 38 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99.4%
Return on assets
8.9%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.0m
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 30-04-2026, 92 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
92 d early
2024
41 d early
2023
76 d early
2022
68 d early
2021
59 d early
2020
36 d early
2019
92 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 66 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 24 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 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

MELSTEEN was incorporated on 11 December 1987.1 Total assets fell from EUR 3.6 million in 2018 to EUR 1 million in 2025 and headcount from 0.5 full-time equivalents in 2018 to 0.5 in 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2020 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity
€1.0m▲ 9.8%
2024 · €925,250
Total assets
€1.0m▲ 7.2%
2024 · €953,526
Net result
€90,947▲ 44.4%
2024 · €62,997
Working capital
€120,861▲ 305%
2024 · €29,835
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
Line20212022202320242025
Operating result€24,665▼ 97.2%€82,203▲ 233%€78,678▼ 4.3%€84,840▲ 7.8%€121,177▲ 42.8%
Net result€17,557▼ 97.8%€60,745▲ 246%€57,322▼ 5.6%€62,997▲ 9.9%€90,947▲ 44.4%
Equity€934,186▼ 6.5%€924,932▼ 1.0%€862,254▼ 6.8%€925,250▲ 7.3%€1.0m▲ 9.8%
Total assets€1.0m▼ 16.2%€1.0m▼ 0.9%€1.0m▲ 0.7%€953,526▼ 7.0%€1.0m▲ 7.2%
Debt€93,011▼ 59.0%€93,372▲ 0.4%€163,116▲ 74.7%€28,275▼ 82.7%€6,180▼ 78.1%
Working capital€36,398▼ 62.8%€25,291▼ 30.5%-€37,387€29,835€120,861▲ 305%
Staff (FTE)
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2021: €24,665€24,665Net result 2021: €17,557€17,557Operating result 2022: €82,203€82,203Net result 2022: €60,745€60,745Operating result 2023: €78,678€78,678Net result 2023: €57,322€57,322Operating result 2024: €84,840€84,840Net result 2024: €62,997€62,997Operating result 2025: €121,177€121,177Net result 2025: €90,947€90,94720212022202320242025€0€50,000€100,000Operating result 2023: €78,678€78,700Net result 2023: €57,322€57,300Operating result 2024: €84,840€84,800Net result 2024: €62,997€63,000Operating result 2025: €121,177€121,000Net result 2025: €90,947€90,900202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 43% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets €899,641 =
Current assets €122,737 ▲ 128%
Equity and liabilities €1.0m
Equity €1.0m ▲ 9.8%
Debt €6,180 ▼ 78.1%
Debt's share of the balance-sheet total falls from 3.0% to 0.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Current ratio
65.45▲
2024 · 2.24
Debt to equity
0.01▼
2024 · 0.03
ROE
8.9%▲
2024 · 6.8%
ROA
8.9%▲
2024 · 6.6%
Debt ≤ 1 year
€1,875▼
2024 · €24,050
Income taxes
€30,554▲
2024 · €21,819
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 20,134 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€953,526€1.0m▲
Fixed assets21/28€899,641€899,641=
Tangible fixed assets22/27€899,641€899,641=
Land and buildings22€899,641€899,641=
Current assets29/58€53,885€122,737▲
Amounts receivable within one year40/41-€115,000
Other amounts receivable41-€115,000
Cash at bank and in hand54/58€53,885€7,737▼
Equity and liabilities
Total equity and liabilities10/49€953,526€1.0m▲
Equity10/15€925,250€1.0m▲
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€6,150€6,150=
Non-distributable reserves130/1€6,150€6,150=
Legal reserve130€6,150€6,150=
Profit (loss) carried forward14€857,600€948,547▲
Amounts payable17/49€28,275€6,180▼
Amounts payable within one year42/48€24,050€1,875▼
Trade debts44€1,331€0▼
Suppliers440/4€1,331€0▼
Taxes, remuneration and social security45€22,719€1,875▼
Taxes450/3€22,719€1,875▼
Accrued charges and deferred income492/3€4,225€4,305▲
Income statement Code20242025
Other operating charges640/8€2,899€812▼
Gross operating margin9900€87,739€121,989▲
Operating profit (loss)9901€84,840€121,177▲
Financial income75/76B-€797
Recurring financial income75-€797
Financial charges65/66B€24€474▲
Recurring financial charges65€24€474▲
Profit (loss) for the period before taxes9903€84,816€121,501▲
Income taxes67/77€21,819€30,554▲
Profit (loss) for the period9904€62,997€90,947▲
Profit (loss) for the period to be appropriated9905€62,997€90,947▲
Appropriation of the result
Profit (loss) to be appropriated9906€857,600€948,547▲
Profit (loss) brought forward from the previous period14P€794,604€857,600▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,045-----
Other operating charges640/8€5,289€2,804€2,819€2,899€812▼ 72.0%
Gross operating margin9900€31,999€85,007€81,497€87,739€121,989▲ 39.0%
Operating profit (loss)9901€24,665€82,203€78,678€84,840€121,177▲ 42.8%
Financial income75/76B-€1,001€8-€797-
Recurring financial income75-€1,001€8-€797-
Financial charges65/66B€945€492€370€24€474▲ 1,857%
Recurring financial charges65€945€492€370€24€474▲ 1,857%
Profit (loss) for the period before taxes9903€23,720€82,712€78,316€84,816€121,501▲ 43.3%
Income taxes67/77€6,163€21,967€20,994€21,819€30,554▲ 40.0%
Profit (loss) for the period9904€17,557€60,745€57,322€62,997€90,947▲ 44.4%
Profit (loss) for the period to be appropriated9905€17,557€60,745€57,322€62,997€90,947▲ 44.4%
Line20212022202320242025Change
Assets
Total assets20/58€1.0m€1.0m€1.0m€953,526€1.0m▲ 7.2%
Fixed assets21/28€899,641€899,641€899,641€899,641€899,641=
Tangible fixed assets22/27€899,641€899,641€899,641€899,641€899,641=
Land and buildings22€899,641€899,641€899,641€899,641€899,641=
Current assets29/58€127,557€118,663€125,729€53,885€122,737▲ 128%
Amounts receivable within one year40/41-€7,455--€115,000-
Other amounts receivable41-€7,455--€115,000-
Cash at bank and in hand54/58€127,557€111,010€120,162€53,885€7,737▼ 85.6%
Deferred charges and accrued income490/1-€198€5,567---
Equity and liabilities
Total equity and liabilities10/49€1.0m€1.0m€1.0m€953,526€1.0m▲ 7.2%
Equity10/15€934,186€924,932€862,254€925,250€1.0m▲ 9.8%
Contributions10/11€61,500€61,500€61,500€61,500€61,500=
Capital10€61,500€61,500€61,500€61,500€61,500=
Issued capital100€61,500€61,500€61,500€61,500€61,500=
Reserves13€76,150€6,150€6,150€6,150€6,150=
Non-distributable reserves130/1€6,150€6,150€6,150€6,150€6,150=
Legal reserve130€6,150€6,150€6,150€6,150€6,150=
Distributable reserves133€70,000-----
Profit (loss) carried forward14€796,536€857,282€794,604€857,600€948,547▲ 10.6%
Amounts payable17/49€93,011€93,372€163,116€28,275€6,180▼ 78.1%
Amounts payable within one year42/48€91,159€93,372€163,116€24,050€1,875▼ 92.2%
Financial debts43-€126----
Credit institutions430/8-€126----
Trade debts44€1,579€1,246€125€1,331€0▼ 100%
Suppliers440/4€1,579€1,246€125€1,331€0▼ 100%
Taxes, remuneration and social security45€10,730€25,500€78,991€22,719€1,875▼ 91.7%
Taxes450/3€10,730€25,500€78,991€22,719€1,875▼ 91.7%
Other amounts payable47/48€78,850€66,500€84,000---
Accrued charges and deferred income492/3€1,852--€4,225€4,305▲ 1.9%
Line20212022202320242025Change
Profit (loss) for the period9904€17,557€60,745€57,322€62,997€90,947▲ 44.4%
+ Depreciation and write-downs630€2,045-----
Operating cash flow (approximation)€19,602€60,745€57,322€62,997€90,947▲ 44.4%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€16,547€9,153-€66,278-€46,148▲ 30.4%

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Liquidity times 29current ratio 65.45
Current ratio from 2.24 to 65.45; short-term debt falls from €24,050 to €1,875.
31-12
Financial Equity above €1mEq €1.0m ▲9.8%
7 profitable years in a row build equity to €1.0m.
20-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Liquidity triplescurrent ratio 2.24
Current ratio from 0.77 to 2.24; short-term debt falls from €163,116 to €24,050.
16-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
24-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
02-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Highest result since 2018net €783,180 ▲1,587%
Operating result €874,980, net result €783,180, both a record.
30-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Back to profitnet €46,430
Net result €46,430 after one loss-making year.
Show earlier events
31-12
Financial Liquidity times 44current ratio 1679.44
Current ratio from 38.00 to 1679.44; short-term debt falls from €36,642 to €831.
20-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts

We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
10 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, Mechelen · 1 establishment unit since 1988
seat establishment The establishment unit on the map
Ground area
1,691 m²
Building footprint
659 m²
Parcel 12403D0088/00X000, Flanders. Linked by address, not a title deed.
23 companies at this address See who is registered here
1 establishment unit
MELSTEEN
Hendrik Consciencestraat 1B, 2800 MechelenInsurance, reinsurance and pension funding, except compulsory social security
since 19882.034.506.110
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12403D0088/00X000 Flanders 1,691 m² 1 · 659 m² -
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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. SECURIPOINT 100%
  2. MELSTEEN

Highest known parent: SECURIPOINT. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Recognitions · licences · registrations

Legal Entity Identifier

967600K6D7802H3ZM661
no longer live in the LEI register

Identification & contact

Identification
Legal formPublic limited company
Founded11-12-1987
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0432843791
Registered 09-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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