MELTEMI
InactiveChecked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency53▲+2
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days only on tighter terms
Liquidity short (current ratio 0.1 against 0.1 in 2024), and 58.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41.6%
Return on assets
-0.2%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 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 · 10 filingsDeviation from the deadline
2025
5 d late
2024
1 d late
2023
9 d late
2022
9 d early
2021
9 d early
2020
23 d early
2019
6 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
11-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k▲ 72.1%
2024 · €-20k
2018: €-10k
2019: €-21k
2020: €-42k
2021: €-40k
2022: €-43k
2023: €145k
2024: €-20k
2018 → 2025
Working capital
€-1.23M▲ 5.3%
2024 · €-1.30M
2018: €-557k
2019: €-544k
2020: €-533k
2021: €-526k
2022: €-516k
2023: €-1.03M
2024: €-1.30M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€924k-€881k▼ 4.7%€1.03M▲ 16.5%€1.01M▼ 2.0%€1,000k▼ 0.6%
Operating result€-28k-€-31k▼ 13.3%€142k€13k▼ 90.9%€-8k
Net result€-40k-€-43k▼ 8.6%€145k€-20k€-6k▲ 72.1%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8k after €13k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.40M
Fixed assets
€2.27M▼ 3.2%
Current assets
€135k▼ 6.7%
Equity and liabilities €2.40M
Equity
€1,000k▼ 0.6%
Provisions
€38k▼ 3.7%
Debt
€1.37M▼ 5.4%
The debt ratio falls from 58.1% to 56.9%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€34k▼
2024 · €45k
Cash flow
€36k▲
2024 · €11k
Solvency
41.6%▲
2024 · 40.4%
Current ratio
0.10▼
2024 · 0.10
Quick ratio
0.10▼
2024 · 0.10
Debt / equity
1.37▼
2024 · 1.44
ROE
-0.6%▲
2024 · -2.0%
ROA
-0.2%▲
2024 · -0.8%
Interest coverage
757.95▲
2024 · 1.23
Debt
€1.37M▼
2024 · €1.45M
Debt ≤ 1 year
€1.37M▼
2024 · €1.45M
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€2.49M€2.40M▼
Fixed assets21/28€2.35M€2.27M▼
Tangible fixed assets22/27€2.35M€2.27M▼
Land and buildings22€1.59M€2.23M▲
Plant, machinery and equipment23€3k€3k=
Furniture and vehicles24€41k€32k▼
Assets under construction and advance payments27€712k-
Current assets29/58€144k€135k▼
Amounts receivable within one year40/41€349-
Other amounts receivable41€349-
Current investments50/53€131k€126k▼
Cash at bank and in hand54/58€13k€8k▼
Equity and liabilities
Total equity and liabilities10/49€2.49M€2.40M▼
Equity10/15€1.01M€1,000k▼
Contributions10/11€312k€312k=
Capital10€312k€312k=
Issued capital100€312k€312k=
Reserves13€126k€121k▼
Non-distributable reserves130/1€8k€8k=
Reserves not available under the articles1311€8k€8k=
Tax-exempt reserves132€117k€113k▼
Profit (loss) carried forward14€568k€566k▼
Provisions and deferred taxes16€39k€38k▼
Deferred taxes168€39k€38k▼
Amounts payable17/49€1.45M€1.37M▼
Amounts payable within one year42/48€1.45M€1.37M▼
Current portion of amounts payable after more than one year42€2k€2k=
Trade debts44€8k€45k▲
Suppliers440/4€8k€45k▲
Taxes, remuneration and social security45€43k-
Taxes450/3€43k-
Other amounts payable47/48€1.39M€1.32M▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€42k▲
Other operating charges640/8€4k€9k▲
Gross operating margin9900€49k€44k▼
Operating profit (loss)9901€13k€-8k▼
Financial income75/76B€1k€535▼
Recurring financial income75€1k€535▼
Financial charges65/66B€36k€45▼
Recurring financial charges65€36k€45▼
Profit (loss) for the period before taxes9903€-22k€-7k▲
Transfer from deferred taxes780€1k€1k=
Profit (loss) for the period9904€-20k€-6k▲
Transfer from tax-exempt reserves789€4k€4k=
Profit (loss) for the period to be appropriated9905€-16k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€568k€566k▼
Profit (loss) brought forward from the previous period14P€584k€568k▼
The notes to these accounts (6 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
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 5 days late
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 1 day late
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 9 days late
2023
31-12
Financial
Back to profitnet €145k
Net result €145k after 5 loss-making years.
31-12
Financial
Equity above €1MEq €1.03M ▲16.5%
Equity rises from €881k to €1.03M.
22-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 6 days late
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
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Directors · office · real estate
Directors
no sitting director, last change in 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
27-06-2022
Dirk Bogaert: Resigned as Director
27-06-2022
Lydia Smet: Resigned as Director
Not every act has been read: a resignation may be missing here
7 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Temse
Ground area
1.6 ha
Building footprint
1,128 m²
Parcel 46008A1384/00A000, Flanders. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46008A1384/00A000 | Flanders | 1.6 ha | 1 · 1,128 m² | - |
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.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-09-1990
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.