MERAKI RETAIL
ActiveSummary
The computed 12-month bankruptcy probability of MERAKI RETAIL is 1.9% (moderate). The 2025 annual accounts show equity of €314k and a net result of €35k. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 79% of 18280 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-9
Solvency94=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 2.91 against 3.27 in 2024; short-term debt: 29.3% and cash: 53.6% of total assets), and 31.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 47
Relative position
BE, all sectors
reference
Sector 47
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
68.5%
Return on assets
7.7%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 24-02-2026, 4 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
4 d early
2024
14 d early
2023
2 d early
2022
2 d late
2021
35 d early
2020
4 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-07-2026 close24-09-2026 today28-02-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€314k▼ 17.9%
2024 · €382k
2020: €126k
2021: €175k
2022: €281k
2023: €318k
2024: €382k
2020 → 2025
Total assets
€458k▼ 17.4%
2024 · €555k
2020: €270k
2021: €333k
2022: €441k
2023: €467k
2024: €555k
2020 → 2025
Net result
€35k▼ 57.1%
2024 · €82k
2020: €101k
2021: €50k
2022: €106k
2023: €37k
2024: €82k
2020 → 2025
Working capital
€256k▼ 22.3%
2024 · €329k
2020: €113k
2021: €163k
2022: €263k
2023: €297k
2024: €329k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€175k-€281k▲ 60.5%€318k▲ 13.1%€382k▲ 20.1%€314k▼ 17.9%
Operating result€62k-€137k▲ 121%€48k▼ 64.9%€116k▲ 141%€54k▼ 54.0%
Net result€50k-€106k▲ 114%€37k▼ 65.3%€82k▲ 121%€35k▼ 57.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 54% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €458k
Fixed assets
€68k ▼ 15.4%
Current assets
€390k ▼ 17.7%
Equity and liabilities €458k
Equity
€314k ▼ 17.9%
Debt
€144k ▼ 16.3%
Debt's share of the balance-sheet total rises from 31.1% to 31.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€74k▼
2024 · €128k
Cash flow
€55k▼
2024 · €94k
Current ratio
2.91▼
2024 · 3.27
Quick ratio
2.29▼
2024 · 2.77
Debt to equity
0.46▲
2024 · 0.45
ROE
11.2%▼
2024 · 21.4%
ROA
7.7%▼
2024 · 14.7%
Interest coverage
11.10▼
2024 · 28.36
Debt ≤ 1 year
€134k▼
2024 · €145k
Debt > 1 year
€9k▼
2024 · €25k
Income taxes
€13k▼
2024 · €31k
Staff costs
€217k▲
2024 · €103k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€555k€458k▼
Fixed assets21/28€80k€68k▼
Intangible fixed assets21-€2k
Tangible fixed assets22/27€80k€66k▼
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24€23k€16k▼
Other tangible fixed assets26€53k€45k▼
Current assets29/58€474k€390k▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€73k€83k▲
Stocks30/36€73k€83k▲
Amounts receivable within one year40/41€178k€47k▼
Trade receivables40€3k€18k▲
Other amounts receivable41€176k€29k▼
Cash at bank and in hand54/58€220k€246k▲
Deferred charges and accrued income490/1€4k€15k▲
Equity and liabilities
Total equity and liabilities10/49€555k€458k▼
Equity10/15€382k€314k▼
Contributions10/11€25k€50k▲
Reserves13€357k€264k▼
Distributable reserves133€357k€264k▼
Profit (loss) carried forward14€348€0▼
Amounts payable17/49€172k€144k▼
Amounts payable after more than one year17€25k€9k▼
Financial debts170/4€25k€9k▼
Amounts payable within one year42/48€145k€134k▼
Current portion of amounts payable after more than one year42€15k€15k▲
Financial debts43€17k€16k▼
Credit institutions430/8€17k€16k▼
Trade debts44€30k€56k▲
Suppliers440/4€30k€56k▲
Advances received on contracts in progress46-€4k
Taxes, remuneration and social security45€49k€40k▼
Taxes450/3€35k€23k▼
Remuneration and social security454/9€13k€17k▲
Other amounts payable47/48€34k€3k▼
Accrued charges and deferred income492/3€2k€569▼
Income statement
Code20242025
Remuneration, social security and pensions62€103k€217k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€20k▲
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€232k€295k▲
Operating profit (loss)9901€116k€54k▼
Financial income75/76B€275€1k▲
Recurring financial income75€275€1k▲
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€112k€48k▼
Income taxes67/77€31k€13k▼
Profit (loss) for the period9904€82k€35k▼
Profit (loss) for the period to be appropriated9905€82k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€82k€-182k▼
Profit (loss) brought forward from the previous period14P€318€-217k▼
Transfer from equity791/2€18k€182k▲
Transfer to equity691/2€82k€0▼
To other reserves6921€82k€0▼
Profit to be distributed694/7€18k€0▼
Return on contributions (dividend)694€18k€0▼
Social balance
Average headcount (FTE)90873.0-
The notes to these accounts (16 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
24-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
Financial
Weakest financial yearnet €35k ▼57.1%
Net result drops to €35k, the lowest in the series.
14-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
02-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
31-07
Financial
Highest result since 2020net €106k ▲114%
Operating result €137k, net result €106k, both a record.
31-07
Financial
Equity above €200kEq €281k ▲60.5%
3 profitable years in a row build equity to €281k.
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-07
Financial
Equity above €150kEq €175k ▲39.4%
2 profitable years in a row build equity to €175k.
24-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Antwerpen · 2 establishment units since 2019
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.
Everdijstraat 412000 AntwerpenGround area
242 m²
Building footprint
242 m²
Volume, LiDAR
2,437 m³
2 parcels, Flanders · tallest building 16.5 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
SIENNA
since 20192.287.493.293
Sienna Antwerpen
since 20252.387.641.835
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44803C0733/00C000 | Flanders | 127 m² | 1 · 127 m² | 15.6 m · 2 fl. |
| 11803C1780/00A000 | Flanders | 116 m² | 1 · 116 m² | 16.5 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 2,228 EUR awarded · 2,471 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 608 EUR | 1,215 EUR |
| 2023 | 1 | 1,620 EUR | 1,256 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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IMPORT POELMANS
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Of 12,958 companies in sector 47120 we hold annual accounts for 2,190. 1,254 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-03-2019
Fiscal year end31-07
Activities, NACEBEL 2025
47120Other non-specialised retail sale
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
46421Wholesale trade
46423Wholesale of clothing, excluding workwear and underwear
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.