MERABOUW
ActiveThe computed 12-month bankruptcy probability of MERABOUW is 1.9% (moderate). The 2025 annual accounts show equity of €27k and a net result of €1k. Equity is growing by ~27.8% per year across the filed fiscal years. Its solvency ranks better than 42% of 7376 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-5
Solvency61▲+8
Growth52=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.32 in 2024; short-term debt: 63.7% and cash: 10.4% of total assets), and 63.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
36.3%
Return on assets
1.4%
Age of the figures
9 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 31-08-2026, 31 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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
30 d late
2022
31 d late
2021
31 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€27k▼ 20.6%
2024 · €34k
2021: €10k
2022: €18k
2023: €26k
2024: €34k
2021 → 2025
Total assets
€74k▼ 38.1%
2024 · €119k
2021: €18k
2022: €44k
2023: €60k
2024: €119k
2021 → 2025
Net result
€1k▼ 85.1%
2024 · €7k
2021: €8k
2022: €8k
2023: €8k
2024: €7k
2021 → 2025
Working capital
€22k▼ 16.6%
2024 · €27k
2021: €10k
2022: €10k
2023: €19k
2024: €27k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€18k▲ 77.0%€26k▲ 43.1%€34k▲ 27.0%€27k▼ 20.6%
Operating result€11k-€13k▲ 15.5%€13k▼ 1.8%€11k▼ 11.0%€3k▼ 75.3%
Net result€8k-€8k▼ 4.8%€8k▼ 0.9%€7k▼ 10.3%€1k▼ 85.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 75% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €74k
Fixed assets
€4k▼ 36.8%
Current assets
€69k▼ 38.1%
Equity and liabilities €74k
Equity
€27k▼ 20.6%
Debt
€47k▼ 44.9%
The debt ratio falls from 71.7% to 63.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5k▼
2024 · €14k
Cash flow
€4k▼
2024 · €9k
Solvency
36.3%▲
2024 · 28.3%
Current ratio
1.48▲
2024 · 1.32
Quick ratio
1.19▼
2024 · 1.32
Debt / equity
1.76▼
2024 · 2.53
ROE
4.0%▼
2024 · 21.3%
ROA
1.4%▼
2024 · 6.0%
Interest coverage
6.50▼
2024 · 15.39
Debt
€47k▼
2024 · €85k
Debt ≤ 1 year
€47k▼
2024 · €85k
Income taxes
€1k▼
2024 · €3k
Staff costs
€121k▼
2024 · €130k
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€119k€74k▼
Fixed assets21/28€7k€4k▼
Tangible fixed assets22/27€7k€4k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€5k€3k▼
Current assets29/58€112k€69k▼
Stocks and contracts in progress3-€13k
Stocks30/36-€13k
Amounts receivable within one year40/41€84k€47k▼
Trade receivables40€84k€34k▼
Other amounts receivable41€229€13k▲
Cash at bank and in hand54/58€25k€8k▼
Deferred charges and accrued income490/1€3k€906▼
Equity and liabilities
Total equity and liabilities10/49€119k€74k▼
Equity10/15€34k€27k▼
Contributions10/11€2k€2k=
Reserves13€16k€8k▼
Distributable reserves133€16k€8k▼
Profit (loss) carried forward14€16k€17k▲
Amounts payable17/49€85k€47k▼
Amounts payable within one year42/48€85k€47k▼
Trade debts44€27k€29k▲
Suppliers440/4€27k€29k▲
Advances received on contracts in progress46€43k-
Taxes, remuneration and social security45€15k€10k▼
Taxes450/3€12k€6k▼
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48-€8k
Income statement
Code20242025
Remuneration, social security and pensions62€130k€121k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€146k€127k▼
Operating profit (loss)9901€11k€3k▼
Financial income75/76B€4€403▲
Recurring financial income75€4€403▲
Financial charges65/66B€883€809▼
Recurring financial charges65€883€809▼
Profit (loss) for the period before taxes9903€10k€2k▼
Income taxes67/77€3k€1k▼
Profit (loss) for the period9904€7k€1k▼
Profit (loss) for the period to be appropriated9905€7k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€17k▲
Profit (loss) brought forward from the previous period14P€9k€16k▲
Transfer from equity791/2-€8k
Profit to be distributed694/7-€8k
Return on contributions (dividend)694-€8k
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €1k ▼85.1%
Net result drops to €1k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Gent · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Logboekstraat 39000 GentGround area
1,056 m²
Building footprint
640 m²
Volume, LiDAR
869 m³
Parcel 44813T0235/00A000, Flanders · tallest building 34.0 m. Linked by address, not a title deed.
1 establishment unit
MERABOUW
since 20202.308.236.546
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44813T0235/00A000 | Flanders | 1,056 m² | 1 · 640 m² | 34.0 m |
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.
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BOUWERS
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Of 29,810 companies in sector 41001 we hold annual accounts for 16,041. 12,203 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-10-2020
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43320Joinery installation
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.