MERAL
ActiveMERAL has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €157k and a net result of €15k. Equity is growing by ~19.9% per year across the filed fiscal years. Its solvency ranks better than 94% of 36377 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
86
/ 100
Excellent▼ -14 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability46▼-26
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 10.0 against 3.23 in 2023), and 9.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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
not confirmed
2024
27 d late
2023
27 d late
2022
24 d late
2021
2 d early
2020
30 d late
2019
68 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€157k▲ 10.2%
2023 · €143k
2018: €11k
2019: €31k
2020: €83k
2021: €104k
2022: €122k
2023: €143k
2018 → 2024
Total assets
€175k▼ 13.7%
2023 · €202k
2018: €34k
2019: €50k
2020: €127k
2021: €172k
2022: €184k
2023: €202k
2018 → 2024
Net result
€15k▼ 29.1%
2023 · €21k
2018: €1k
2019: €19k
2020: €53k
2021: €21k
2022: €18k
2023: €21k
2018 → 2024
Working capital
€152k▲ 15.0%
2023 · €132k
2018: €9k
2019: €29k
2020: €65k
2021: €82k
2022: €106k
2023: €132k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€83k-€104k▲ 24.7%€122k▲ 17.7%€143k▲ 16.9%€157k▲ 10.2%
Operating result€53k-€26k▼ 52.0%€26k▲ 2.4%€27k▲ 3.4%€19k▼ 29.7%
Net result€53k-€21k▼ 61.0%€18k▼ 10.8%€21k▲ 12.5%€15k▼ 29.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 30% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €175k
Fixed assets
€6k▼ 46.3%
Current assets
€169k▼ 11.8%
Equity and liabilities €175k
Equity
€157k▲ 10.2%
Debt
€17k▼ 71.1%
The debt ratio falls from 29.5% to 9.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€24k▼
2023 · €32k
Cash flow
€20k▼
2023 · €26k
Solvency
90.1%▲
2023 · 70.5%
Current ratio
10.00▲
2023 · 3.23
Quick ratio
9.55▲
2023 · 3.15
Debt / equity
0.11▼
2023 · 0.42
ROE
9.3%▼
2023 · 14.4%
ROA
8.4%▼
2023 · 10.2%
Interest coverage
77.99▼
2023 · 105.33
Debt
€17k▼
2023 · €60k
Debt ≤ 1 year
€17k▼
2023 · €59k
Income taxes
€7k▼
2023 · €10k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€202k€175k▼
Fixed assets21/28€11k€6k▼
Tangible fixed assets22/27€11k€6k▼
Furniture and vehicles24€5k€590▼
Other tangible fixed assets26€6k€5k▼
Current assets29/58€191k€169k▼
Stocks and contracts in progress3€4k€7k▲
Stocks30/36€4k€7k▲
Amounts receivable within one year40/41€3k€6k▲
Trade receivables40€883€3k▲
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€183k€155k▼
Deferred charges and accrued income490/1€1k€245▼
Equity and liabilities
Total equity and liabilities10/49€202k€175k▼
Equity10/15€143k€157k▲
Contributions10/11€12k€12k=
Reserves13€131k€145k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€129k€144k▲
Profit (loss) carried forward14€-436€-436=
Amounts payable17/49€60k€17k▼
Amounts payable within one year42/48€59k€17k▼
Trade debts44€333€707▲
Suppliers440/4€333€707▲
Advances received on contracts in progress46-€5k
Taxes, remuneration and social security45€21k€8k▼
Taxes450/3€21k€5k▼
Remuneration and social security454/9-€3k
Other amounts payable47/48€38k€2k▼
Accrued charges and deferred income492/3€348€348=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€1k€879▼
Gross operating margin9900€33k€25k▼
Operating profit (loss)9901€27k€19k▼
Financial income75/76B€3k€3k▼
Recurring financial income75€3k€3k▼
Financial charges65/66B€307€311▲
Recurring financial charges65€307€311▲
Profit (loss) for the period before taxes9903€30k€21k▼
Income taxes67/77€10k€7k▼
Profit (loss) for the period9904€21k€15k▼
Profit (loss) for the period to be appropriated9905€21k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€20k€14k▼
Profit (loss) brought forward from the previous period14P€-436€-436=
Transfer to equity691/2€21k€15k▼
To other reserves6921€21k€15k▼
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
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 10.00
Current ratio from 3.23 to 10.00; short-term debt falls from €59k to €17k.
31-12
Financial
Equity above €150kEq €157k ▲10.2%
7 profitable years in a row build equity to €157k.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €104k ▲24.7%
4 profitable years in a row build equity to €104k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Highest result since 2018net €53k ▲173%
Operating result €53k, net result €53k, both a record.
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
2016
06-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Hasselt · 1 establishment unit since 2010
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.
Banneuxstraat 253500 HasseltGround area
306 m²
Building footprint
233 m²
Volume, LiDAR
1,174 m³
Parcel 71322A0490/00V003, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Meral bvba
since 20102.186.474.723
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71322A0490/00V003 | Flanders | 305 m² | 1 · 233 m² | 10.1 m · 1 fl. |
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.
Similar companies · same sector, comparable size
EDB
BE 0431.783.325
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ONE TOUCH B&B
BE 0811.535.751
Maasmechelen · Eq €158k
JMK Group
BE 1002.253.092
Evergem · Eq €157k
DP-Projects
BE 0822.482.103
Ingelmunster · Eq €157k
EFM PLAFOND
BE 0538.888.547
Brussel · Eq €158k
Of 4,060 companies in sector 43240 we hold annual accounts for 1,616. 1,321 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-02-2010
Fiscal year end31-12
Activities, NACEBEL
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.