MELSTEP
Annual accounts 2025
micro format, filed on 26-06-2026, 35 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €73,000 and €380,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €321,254 on 31-12-2025in euro
in euro
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
321,254 | 310,956 | 353,201 | 266,022 | 269,608 | 313,123 | 322,918 | 305,293 | 316,370 | 326,906 | 329,386 | 335,289 | 357,904 | 340,980 | 368,899 | 366,747 | 367,978 | 376,467 | 387,126 | 416,641 | |
21/28 |
282,926 | 289,080 | 253,829 | 256,736 | 267,488 | 278,241 | 288,993 | 286,603 | 296,040 | 303,065 | 309,423 | 318,336 | 327,248 | 336,160 | 345,072 | 353,984 | 362,897 | 371,809 | 376,001 | 384,678 | |
22/27 |
282,926 | 289,080 | 253,829 | 256,736 | 267,488 | 278,241 | 288,993 | 286,603 | 296,040 | 303,065 | 309,423 | 318,336 | 327,248 | 336,160 | 345,072 | 353,984 | 362,897 | 371,809 | 376,001 | 384,678 | |
22 |
278,064 | 281,300 | 245,260 | 255,771 | 266,282 | 276,793 | 287,305 | 284,673 | 293,869 | 303,065 | 309,423 | 318,336 | 327,248 | 336,160 | 345,072 | 353,984 | 362,897 | 371,809 | 376,001 | 384,678 | |
23 |
241 | 482 | 724 | 965 | 1,206 | 1,447 | 1,688 | 1,930 | 2,171 | - | - | - | - | - | - | - | - | - | - | - | |
24 |
4,621 | 7,298 | 7,846 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
38,327 | 21,876 | 99,372 | 9,286 | 2,120 | 34,882 | 33,925 | 18,691 | 20,330 | 23,841 | 19,963 | 16,954 | 30,656 | 4,820 | 23,826 | 12,763 | 5,081 | 4,658 | 11,125 | 31,963 | |
40/41 |
206 | 14,740 | - | 91 | 91 | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 17,498 | 2,887 | 387 | 2,516 | 7,000 | - | 452 | 441 | - | 1,758 | |
40 |
- | - | - | - | - | 12,000 | 12,000 | 12,000 | 12,000 | 12,000 | 14,998 | - | - | 16 | - | - | - | - | - | - | |
41 |
206 | 14,740 | - | 91 | 91 | - | - | - | - | - | 2,500 | 2,887 | 387 | 2,500 | 7,000 | - | 452 | 441 | - | 1,758 | |
50/53 |
- | - | - | - | 8 | 8 | 9 | 10 | 12 | 13 | 15 | 16 | 17 | 7 | 1,982 | 1,972 | 162 | - | - | - | |
54/58 |
34,545 | 5,766 | 97,162 | 5,490 | 1,204 | 22,101 | 21,184 | 5,483 | 7,171 | 10,727 | 2,451 | 2,801 | 16,578 | 2,297 | 2,309 | 8,278 | 4,467 | 4,217 | 9,875 | 30,205 | |
490/1 |
3,576 | 1,369 | 2,210 | 3,705 | 817 | 773 | 733 | 1,197 | 1,147 | 1,100 | - | 11,250 | 13,674 | - | 12,535 | 2,513 | - | - | 1,250 | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
321,254 | 310,956 | 353,201 | 266,022 | 269,608 | 313,123 | 322,918 | 305,293 | 316,370 | 326,906 | 329,386 | 335,289 | 357,904 | 340,980 | 368,899 | 366,747 | 367,978 | 376,467 | 387,126 | 416,641 | |
10/15 |
301,383 | 306,297 | 315,152 | 240,071 | 213,166 | 191,811 | 168,881 | 158,855 | 157,457 | 158,103 | 150,392 | 153,825 | 153,203 | 144,413 | 128,321 | 112,900 | 101,518 | 92,909 | 84,801 | 73,665 | |
10/11 |
65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | |
10 |
65,000 | 65,000 | 65,000 | 65,000 | 65,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | 65,000 | |
13 |
236,383 | 241,297 | 250,152 | 175,071 | 148,166 | 126,811 | 103,881 | 47,900 | 47,900 | 47,900 | 47,900 | 47,900 | 47,900 | 47,900 | 47,900 | 36,518 | 36,518 | 27,909 | 19,801 | 8,665 | |
130/1 |
6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | 6,500 | |
133 |
229,883 | 234,797 | 243,652 | 168,571 | 141,666 | 120,311 | 97,381 | 41,400 | 41,400 | 41,400 | 41,400 | 41,400 | 41,400 | 41,400 | 41,400 | 30,018 | 30,018 | 21,409 | 13,301 | 2,165 | |
14 |
- | - | - | - | - | - | - | 45,956 | 44,557 | 45,203 | 37,492 | 40,925 | 40,303 | 31,513 | 15,422 | 11,381 | - | - | - | - | |
16 |
- | - | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
160/5 |
- | - | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
164/5 |
- | - | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
17/49 |
19,871 | 4,659 | 36,549 | 24,451 | 54,942 | 119,812 | 152,537 | 146,438 | 158,913 | 168,803 | 178,995 | 181,464 | 204,701 | 196,568 | 240,577 | 253,848 | 266,459 | 283,558 | 302,325 | 342,976 | |
17 |
- | - | - | - | 2,847 | 36,702 | 900 | 7,040 | 19,221 | 29,775 | 40,551 | 50,685 | 60,215 | 83,278 | 106,634 | 128,557 | 149,357 | 169,090 | 187,814 | 205,580 | |
170/4 |
- | - | - | - | 2,847 | 36,702 | - | 6,140 | 18,321 | 29,775 | 40,551 | 50,685 | 60,215 | 83,278 | 106,634 | 128,557 | 149,357 | 169,090 | 187,814 | 205,580 | |
178/9 |
- | - | - | - | - | - | 900 | 900 | 900 | - | - | - | - | - | - | - | - | - | - | - | |
42/48 |
19,856 | 4,644 | 36,534 | 24,451 | 52,079 | 83,055 | 151,431 | 138,133 | 137,813 | 137,134 | 137,249 | 129,600 | 143,306 | 112,110 | 127,788 | 118,782 | 115,481 | 113,034 | 113,077 | 135,962 | |
42 |
- | - | - | 2,847 | 33,854 | 33,283 | 6,140 | 12,181 | 11,454 | 10,776 | 11,435 | 10,832 | 24,145 | 23,125 | 21,923 | 20,799 | 19,734 | 19,254 | 17,766 | 17,315 | |
43 |
- | - | - | - | - | - | - | - | - | - | 833 | 833 | 833 | 833 | 849 | 833 | 1,181 | 833 | 833 | 837 | |
430/8 |
- | - | - | - | - | - | - | - | - | - | 833 | 833 | 833 | 833 | 849 | 833 | 1,181 | - | - | 4 | |
439 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 833 | 833 | 833 | |
44 |
1,481 | 3,317 | 2,509 | 2,088 | 1,239 | 1,000 | 1,177 | 669 | 1,287 | 680 | - | 9,715 | 18,831 | 224 | 974 | 1,856 | - | - | - | - | |
440/4 |
1,481 | 3,317 | 2,509 | 2,088 | 1,239 | 1,000 | 1,177 | 669 | 1,287 | 680 | - | 9,715 | 18,831 | 224 | 974 | 1,856 | - | - | - | - | |
45 |
- | - | 22,521 | 2,530 | 11,388 | 11,966 | 7,288 | 2,560 | 2,348 | 2,954 | 2,336 | 2,310 | - | 3,564 | 5,578 | 2,027 | - | 1,668 | 3,199 | 1,531 | |
450/3 |
- | - | 22,521 | 2,530 | 11,388 | 11,966 | 7,288 | 200 | - | 608 | - | - | - | 3,564 | 5,578 | 2,027 | - | 1,668 | 3,199 | 1,531 | |
454/9 |
- | - | - | - | - | - | - | 2,360 | 2,348 | 2,347 | 2,336 | 2,310 | - | - | - | - | - | - | - | - | |
47/48 |
18,375 | 1,327 | 11,503 | 16,986 | 5,598 | 36,806 | 136,826 | 122,723 | 122,723 | 122,723 | 122,645 | 105,909 | 99,497 | 84,364 | 98,464 | 93,266 | 94,566 | 91,279 | 91,279 | 116,279 | |
492/3 |
15 | 15 | 15 | - | 15 | 55 | 207 | 1,265 | 1,880 | 1,895 | 1,195 | 1,180 | 1,180 | 1,180 | 6,155 | 6,509 | 1,622 | 1,434 | 1,434 | 1,434 | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 36,657 | 44,495 | 44,979 | |
9900 |
21,622 | 11,715 | 126,811 | 54,736 | 47,176 | 54,182 | 42,310 | 14,933 | 14,130 | 22,812 | 12,291 | 17,415 | 28,017 | 40,586 | 48,181 | 42,956 | 34,122 | 32,611 | 39,355 | 40,098 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,046 | 5,140 | 4,881 | |
630 |
18,804 | 15,102 | 11,388 | 10,752 | 10,752 | 10,752 | 13,512 | 9,437 | 9,437 | 9,196 | 8,912 | 8,912 | 8,912 | 8,912 | 8,912 | 8,912 | 8,913 | 8,913 | 8,677 | 8,677 | |
635/8 |
- | -1,500 | - | - | - | - | 1,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
6,518 | 6,326 | 4,031 | 3,819 | 3,820 | 3,625 | 4,543 | 2,056 | 2,841 | 2,372 | 2,788 | 3,471 | 3,432 | 3,518 | 3,812 | 3,475 | 3,614 | 3,126 | 3,058 | 4,353 | |
9901 |
-3,700 | -8,213 | 111,391 | 40,165 | 32,604 | 39,805 | 22,755 | 3,439 | 1,852 | 11,244 | 591 | 5,032 | 15,673 | 28,156 | 35,456 | 30,569 | 21,594 | 20,572 | 27,620 | 27,068 | |
75/76B |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 357 | 1,207 | 1,369 | 35 | 18 | 39 | 110 | 312 | 36 | |
75 |
- | - | - | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 357 | 1,207 | 1,369 | 35 | 18 | 39 | 110 | 312 | 36 | |
65/66B |
920 | 382 | 515 | 842 | 1,340 | 5,532 | 6,647 | 1,840 | 2,498 | 2,926 | 4,024 | 4,768 | 5,974 | 7,370 | 14,411 | 15,593 | 10,970 | 10,499 | 12,581 | 12,856 | |
65 |
920 | 382 | 515 | 842 | 1,340 | 5,532 | 6,647 | 1,840 | 2,498 | 2,926 | 4,024 | 4,768 | 5,974 | 7,370 | 14,411 | 15,593 | 10,970 | 10,499 | 12,581 | 12,856 | |
9903 |
-4,620 | -8,596 | 110,876 | 39,323 | 31,265 | 34,273 | 16,108 | 1,599 | -646 | 8,319 | -3,433 | 622 | 10,906 | 22,156 | 21,081 | 14,994 | 10,663 | 10,183 | 15,351 | 14,248 | |
67/77 |
294 | 260 | 35,795 | 12,419 | 9,909 | 11,343 | 6,082 | 200 | - | 608 | - | - | 2,115 | 6,064 | 5,659 | 3,613 | 2,054 | 2,075 | 4,215 | 4,037 | |
9904 |
-4,914 | -8,855 | 75,081 | 26,904 | 21,356 | 22,930 | 10,026 | 1,398 | -646 | 7,711 | -3,433 | 622 | 8,790 | 16,092 | 15,422 | 11,381 | 8,609 | 8,108 | 11,136 | 10,211 | |
9905 |
-4,914 | -8,855 | 75,081 | 26,904 | 21,356 | 22,930 | 10,026 | 1,398 | -646 | 7,711 | -3,433 | 622 | 8,790 | 16,092 | 15,422 | 11,381 | 8,609 | 8,108 | 11,136 | 10,211 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-4,914 | -8,855 | 75,081 | 26,904 | 21,356 | 22,930 | 55,981 | 45,956 | 44,557 | 45,203 | 37,492 | 40,925 | 40,303 | 31,513 | 26,803 | 11,381 | 8,609 | 8,108 | 11,136 | 8,665 | |
791/2 |
4,914 | 8,855 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | 75,081 | 26,904 | 21,356 | 22,930 | 55,981 | - | - | - | - | - | - | - | 11,381 | - | 8,609 | 8,108 | 11,136 | 8,665 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 6,500 | |
6921 |
- | - | 75,081 | 26,904 | 21,356 | 22,930 | 55,981 | - | - | - | - | - | - | - | 11,381 | - | 8,609 | 8,108 | 11,136 | 2,165 | |
| Document | |||||||||||||||||||||
The accounts for 5 older financial years (2001-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 26-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 26-06-2026 | 2026-00229463 | |
| 31-12-2024 | micro format | 16-06-2025 | 2025-00146172 | |
| 31-12-2023 | micro format | 21-06-2024 | 2024-00149697 | |
| 31-12-2022 | micro format | 28-06-2023 | 2023-00168207 | |
| 31-12-2021 | micro format | 24-06-2022 | 2022-20089901 | |
| 31-12-2020 | micro format | 20-07-2021 | 2021-38100428 | |
| 31-12-2019 | micro format | 17-07-2020 | 2020-31300131 | |
| 31-12-2018 | micro format | 08-08-2019 | 2019-44900391 | |
| 31-12-2017 | micro format | 27-07-2018 | 2018-38900455 | |
| 31-12-2016 | micro format | 04-09-2017 | 2017-59500464 | |
| 31-12-2015 | abbreviated format | 25-07-2016 | 2016-35200561 | |
| 31-12-2014 | abbreviated format | 27-08-2015 | 2015-49400059 | |
| 31-12-2013 | abbreviated format | 25-08-2014 | 2014-46400595 | |
| 31-12-2012 | abbreviated format | 30-08-2013 | 2013-53900215 | |
| 31-12-2011 | abbreviated format | 18-06-2012 | 2012-18600185 | |
| 31-12-2010 | abbreviated format | 06-06-2011 | 2011-14700453 | |
| 31-12-2009 | abbreviated format | 02-07-2010 | 2010-26700342 | |
| 31-12-2008 | abbreviated format | 09-06-2009 | 2009-21300113 | |
| 31-12-2007 | abbreviated format | 05-06-2008 | 2008-19700297 | |
| 31-12-2006 | abbreviated format | 14-06-2007 | 2007-22700236 | |
| 31-12-2005 | abbreviated format | 23-06-2006 | 2006-30803618 | |
| 31-12-2004 | abbreviated format | 23-06-2005 | 2005-32101356 | |
| 31-12-2003 | abbreviated format | 24-06-2004 | 2004-31005223 | |
| 31-12-2002 | abbreviated format | 26-06-2003 | 2003-31503839 | |
| 31-12-2001 | abbreviated format | 26-06-2002 | 2002-27802161 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15,103 | 6,889 | 122,780 | 50,917 | 43,357 | 50,558 | 36,267 | 12,876 | 11,289 | 20,440 | 9,503 | 13,945 | 24,585 | 37,069 | 44,369 | 39,481 | 30,507 | 29,485 | 36,297 | 35,745 | ||
| 13,890 | 6,247 | 86,470 | 37,657 | 32,108 | 33,682 | 23,538 | 10,836 | 8,791 | 16,907 | 5,479 | 9,534 | 17,702 | 25,004 | 24,334 | 20,294 | 17,522 | 17,021 | 19,813 | 18,888 | ||
| 12,650 | 50,353 | 8,482 | 0 | 0 | 0 | 15,903 | 0 | 2,412 | 2,838 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 4,721 | 0 | - | ||
| 28,779 | -91,396 | 91,672 | 4,286 | -20,898 | 918 | 15,701 | -1,688 | -3,556 | 8,277 | -350 | -13,777 | 14,281 | -12 | -5,969 | 3,811 | 250 | -5,658 | -20,330 | - | ||
| 18,472 | 17,232 | 62,838 | -15,165 | -49,960 | -48,173 | -117,505 | -119,443 | -117,483 | -113,292 | -117,286 | -112,646 | -112,650 | -107,290 | -103,962 | -106,019 | -110,400 | -108,376 | -101,952 | -103,999 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 56.1% | 62.1% | 60.2% | ||
| 93.8% | 98.5% | 89.2% | 90.2% | 79.1% | 61.3% | 52.3% | 52.0% | 49.8% | 48.4% | 45.7% | 45.9% | 42.8% | 42.4% | 34.8% | 30.8% | 27.6% | 24.7% | 21.9% | 17.7% | ||
| 1.93 | 4.71 | 2.72 | 0.38 | 0.04 | 0.42 | 0.22 | 0.14 | 0.15 | 0.17 | 0.15 | 0.13 | 0.21 | 0.04 | 0.19 | 0.11 | 0.04 | 0.04 | 0.10 | 0.24 | ||
| 0.07 | 0.02 | 0.12 | 0.10 | 0.26 | 0.62 | 0.90 | 0.92 | 1.01 | 1.07 | 1.19 | 1.18 | 1.34 | 1.36 | 1.87 | 2.25 | 2.62 | 3.05 | 3.57 | 4.66 | ||
| -1.6% | -2.9% | 23.8% | 11.2% | 10.0% | 12.0% | 5.9% | 0.9% | -0.4% | 4.9% | -2.3% | 0.4% | 5.7% | 11.1% | 12.0% | 10.1% | 8.5% | 8.7% | 13.1% | 13.9% | ||
| -1.5% | -2.8% | 21.3% | 10.1% | 7.9% | 7.3% | 3.1% | 0.5% | -0.2% | 2.4% | -1.0% | 0.2% | 2.5% | 4.7% | 4.2% | 3.1% | 2.3% | 2.2% | 2.9% | 2.5% | ||
| 16.42 | 18.02 | over 100 | 60.50 | 32.36 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4 days | - | 14 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €12,650 | €50,353 | €8,482 | - | - |
| €18,804 | €15,102 | €11,388 | €10,752 | €10,752 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on MELSTEP
The operating result for 2025 is a loss of €3,700, smaller than the loss of €8,213 in 2024.
Debt's share of the balance-sheet total rises from 1.5% to 6.2%. Equity is lower and debt is higher.