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MEPROM

Active
Private limited companyfounded 198342 yrs activeErnestinelaan 1, 1050 Elsene, BelgiumKBO/BCE: BE 0425.093.788
Summary

MEPROM has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €62,880 and a net result of €11,576. Equity is shrinking by ~16.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability84▲+31
Solvency92▼-8
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.6 in 2023; short-term debt: 32.6% and cash: 8.6% of total assets), and 32.6% of the assets are financed with debt.
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Signals

Five 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
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 42 years 0 50 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 2024
Solvency, return and age of the figures
Solvency
67.4%
Return on assets
12.4%
Age of the figures
21 mo
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 d early
2024
57 d early
2023
31 d late
2022
20 d early
2021
23 d late
2020
31 d late
2019
31 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 8 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 11 July (4 of the last 5 filed years within 43 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 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

On 22 December 1983, MEPROM was incorporated.1 Total assets went from EUR 172,928 in 2018 to EUR 93,234 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet

Equity
€62,880▼ 9.3%
2023 · €69,303
Total assets
€93,234▲ 6.3%
2023 · €87,728
Net result
€11,576
2023 · -€10,985
Working capital
€19,099▲ 81.7%
2023 · €10,509
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€21,594▼ 54.3%€13,707▼ 36.5%€10,526▼ 23.2%-€10,326€11,784
Net result€14,239▼ 52.8%€8,565▼ 39.8%€6,539▼ 23.7%-€10,985€11,576
Equity€96,287▼ 49.2%€88,947▼ 7.6%€95,486▲ 7.4%€69,303▼ 27.4%€62,880▼ 9.3%
Total assets€138,893▼ 35.3%€121,083▼ 12.8%€109,706▼ 9.4%€87,728▼ 20.0%€93,234▲ 6.3%
Debt€42,606▲ 69.2%€32,137▼ 24.6%€14,220▼ 55.8%€18,425▲ 29.6%€30,355▲ 64.8%
Working capital€16,708▼ 83.9%-€2,578€25,507€10,509▼ 58.8%€19,099▲ 81.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000€20,000Operating result 2020: €21,594€21,594Net result 2020: €14,239€14,239Operating result 2021: €13,707€13,707Net result 2021: €8,565€8,565Operating result 2022: €10,526€10,526Net result 2022: €6,539€6,539Operating result 2023: -€10,326-€10,326Net result 2023: -€10,985-€10,985Operating result 2024: €11,784€11,784Net result 2024: €11,576€11,57620202021202220232024-€20,000-€10,000€0€10,000Operating result 2022: €10,526€10,500Net result 2022: €6,539€6,540Operating result 2023: -€10,326-€10,300Net result 2023: -€10,985-€11,000Operating result 2024: €11,784€11,800Net result 2024: €11,576€11,600202220232024
The operating result returns to profit in 2024: €11,784 after a loss of €10,326 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €93,234
Fixed assets €43,781 ▼ 26.7%
Current assets €49,454 ▲ 76.6%
Equity and liabilities €93,234
Equity €62,880 ▼ 9.3%
Debt €30,355 ▲ 64.8%
Debt's share of the balance-sheet total rises from 21.0% to 32.6%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€21,592▲
2023 · €10,934
Cash flow
€21,384▲
2023 · €10,275
Current ratio
1.63▲
2023 · 1.60
Debt to equity
0.48▲
2023 · 0.27
ROE
18.4%▲
2023 · -15.9%
ROA
12.4%▲
2023 · -12.5%
Interest coverage
47.66▲
2023 · 17.19
Debt ≤ 1 year
€30,355▲
2023 · €17,500
Income taxes
€989▲
2023 · €132
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 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 31,371 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 · 2024 against 2023 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€87,728€93,234▲
Fixed assets21/28€59,720€43,781▼
Tangible fixed assets22/27€49,720€43,781▼
Land and buildings22€46,745€43,781▼
Furniture and vehicles24€2,974-
Financial fixed assets28€10,000-
Current assets29/58€28,008€49,454▲
Amounts receivable within one year40/41€8,925€38,634▲
Trade receivables40€3,515€6,891▲
Other amounts receivable41€5,410€31,743▲
Cash at bank and in hand54/58€16,789€8,040▼
Deferred charges and accrued income490/1€2,295€2,780▲
Equity and liabilities
Total equity and liabilities10/49€87,728€93,234▲
Equity10/15€69,303€62,880▼
Contributions10/11€18,550€18,550=
Reserves13€61,371€44,330▼
Non-distributable reserves130/1€1,855-
Reserves not available under the articles1311€1,855-
Distributable reserves133€59,516€44,330▼
Profit (loss) carried forward14-€10,618-
Amounts payable17/49€18,425€30,355▲
Amounts payable within one year42/48€17,500€30,355▲
Trade debts44€2,143€6,642▲
Suppliers440/4€2,143€6,642▲
Taxes, remuneration and social security45€4,669€1,223▼
Taxes450/3€4,669€1,223▼
Other amounts payable47/48€10,688€22,490▲
Accrued charges and deferred income492/3€925-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,260€9,808▼
Other operating charges640/8€3,242€3,307▲
Gross operating margin9900€14,176€24,898▲
Operating profit (loss)9901-€10,326€11,784▲
Financial income75/76B€108€1,235▲
Recurring financial income75€108€1,235▲
Financial charges65/66B€636€453▼
Recurring financial charges65€636€453▼
Profit (loss) for the period before taxes9903-€10,853€12,565▲
Income taxes67/77€132€989▲
Profit (loss) for the period9904-€10,985€11,576▲
Profit (loss) for the period to be appropriated9905-€10,985€11,576▲
Appropriation of the result
Profit (loss) to be appropriated9906-€10,618€958▲
Profit (loss) brought forward from the previous period14P€367-€10,618▼
Transfer from equity791/2€15,198€18,000▲
Transfer to equity691/2-€958
To other reserves6921-€958
Profit to be distributed694/7€15,198€18,000▲
Return on contributions (dividend)694€15,198€18,000▲

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

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,485€20,019€21,546€21,260€9,808▼ 53.9%
Other operating charges640/8-€3,331€3,868€3,242€3,307▲ 2.0%
Gross operating margin9900€35,279€37,056€35,940€14,176€24,898▲ 75.6%
Operating profit (loss)9901€21,594€13,707€10,526-€10,326€11,784▲ 214%
Financial income75/76B-€3€160€108€1,235▲ 1,039%
Recurring financial income75-€3€160€108€1,235▲ 1,039%
Financial charges65/66B-€591€690€636€453▼ 28.8%
Recurring financial charges65€538€591€690€636€453▼ 28.8%
Profit (loss) for the period before taxes9903€21,056€13,118€9,996-€10,853€12,565▲ 216%
Income taxes67/77€6,817€4,553€3,457€132€989▲ 652%
Profit (loss) for the period9904€14,239€8,565€6,539-€10,985€11,576▲ 205%
Profit (loss) for the period to be appropriated9905€14,239€8,565€6,539-€10,985€11,576▲ 205%
Line20202021202220232024Change
Assets
Total assets20/58€138,893€121,083€109,706€87,728€93,234▲ 6.3%
Fixed assets21/28€80,890€91,525€69,979€59,720€43,781▼ 26.7%
Tangible fixed assets22/27€80,890€91,525€69,979€49,720€43,781▼ 11.9%
Land and buildings22-€69,217€57,338€46,745€43,781▼ 6.3%
Furniture and vehicles24-€22,308€12,641€2,974--
Financial fixed assets28---€10,000--
Current assets29/58€58,003€29,559€39,727€28,008€49,454▲ 76.6%
Amounts receivable within one year40/41-€3,752€1,093€8,925€38,634▲ 333%
Trade receivables40-€3,752-€3,515€6,891▲ 96.0%
Other amounts receivable41--€1,093€5,410€31,743▲ 487%
Cash at bank and in hand54/58€54,843€21,731€27,100€16,789€8,040▼ 52.1%
Deferred charges and accrued income490/1-€4,076€11,534€2,295€2,780▲ 21.1%
Equity and liabilities
Total equity and liabilities10/49€138,893€121,083€109,706€87,728€93,234▲ 6.3%
Equity10/15€96,287€88,947€95,486€69,303€62,880▼ 9.3%
Contributions10/11-€18,550€18,550€18,550€18,550=
Reserves13€77,370€70,030€76,569€61,371€44,330▼ 27.8%
Non-distributable reserves130/1-€1,855€1,855€1,855--
Reserves not available under the articles1311-€1,855€1,855€1,855--
Distributable reserves133-€68,175€74,714€59,516€44,330▼ 25.5%
Profit (loss) carried forward14€367€367€367-€10,618--
Amounts payable17/49€42,606€32,137€14,220€18,425€30,355▲ 64.8%
Amounts payable within one year42/48€41,295€32,137€14,220€17,500€30,355▲ 73.5%
Trade debts44€697€1,185€1,703€2,143€6,642▲ 210%
Suppliers440/4-€1,185€1,703€2,143€6,642▲ 210%
Taxes, remuneration and social security45-€12,305€8,027€4,669€1,223▼ 73.8%
Taxes450/3-€12,305€8,027€4,669€1,223▼ 73.8%
Other amounts payable47/48-€18,647€4,490€10,688€22,490▲ 110%
Accrued charges and deferred income492/3---€925--
Line20202021202220232024Change
Profit (loss) for the period9904€14,239€8,565€6,539-€10,985€11,576▲ 205%
+ Depreciation and write-downs630€13,485€20,019€21,546€21,260€9,808▼ 53.9%
Operating cash flow (approximation)€27,724€28,583€28,085€10,275€21,384▲ 108%
Investment in fixed assets (approximation)--€30,654€0-€11,000€6,131▲ 156%
Change in cash--€33,112€5,369-€10,311-€8,749▲ 15.2%

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
29-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
04-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €11,576
Net result €11,576 after one loss-making year.
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial Weakest financial yearnet -€10,985
Net result drops to -€10,985, the lowest in the series; recovery starts the following year.
11-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity triplescurrent ratio 2.79
Current ratio from 0.92 to 2.79; short-term debt falls from €32,137 to €14,220.
23-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Highest result since 2018net €30,173 ▲387%
Operating result €47,241, net result €30,173, both a record.
28-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
07-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 1984
seat establishment The establishment unit on the map
Ground area
1,008 m²
Building footprint
352 m²
Volume, LiDAR
6,581 m³
2 parcels, Brussels · tallest building 26.2 m, ±7 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
Van Aastraat 8, 1050 Elsene
NACE 51478
since 19842.024.079.796
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21445E0006/00Y038 Brussels 886 m² 1 · 233 m² 26.2 m · 7 fl.
21009A0962/00F022 Brussels 121 m² 1 · 119 m² 18.2 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 holding

Owners 0

The accounts to 31-12-2023 list no shareholders, and no other source names one.

Holdings 1

According to the 2023 annual accounts of MEPROM and those 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.

Company details

Identification
Legal formPrivate limited company
Founded22-12-1983
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0425093788
Also 9925:BE0425093788
Registered 26-08-2025

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

Register as of 1 October 2026 · Peppol Directory

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