MERAM PNEUS
ActiveSummary
MERAM PNEUS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €224k and a net result of €8k. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 72% of 6537 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▲+33
Solvency79▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.18 against 3.43 in 2023; short-term debt: 18.3% and cash: 4.7% of total assets), and 46.4% of the assets are financed with debt.
Credit check 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 47
Relative position
BE, all sectors
reference
Sector 47
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 31-08-2025, 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
28 d late
2022
23 d late
2021
18 d late
2020
31 d late
2019
67 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€8k
2023 · €-6k
2018: €17k
2019: €14k
2020: €53k
2021: €14k
2022: €53k
2023: €-6k
2018 → 2024
Working capital
€90k▼ 19.8%
2023 · €113k
2018: €52k
2019: €66k
2020: €123k
2021: €110k
2022: €171k
2023: €113k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€155k-€169k▲ 9.0%€222k▲ 31.2%€216k▼ 2.5%€224k▲ 3.6%
Operating result€77k-€22k▼ 71.6%€69k▲ 218%€484▼ 99.3%€23k▲ 4,602%
Net result€53k-€14k▼ 73.6%€53k▲ 278%€-6k€8k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 4,602% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €419k
Fixed assets
€251k ▲ 14.7%
Current assets
€167k ▲ 4.9%
Equity and liabilities €419k
Equity
€224k ▲ 3.6%
Debt
€194k ▲ 20.0%
Debt's share of the balance-sheet total rises from 42.8% to 46.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€78k▲
2023 · €20k
Cash flow
€63k▲
2023 · €14k
Current ratio
2.18▼
2023 · 3.43
Quick ratio
0.70▼
2023 · 0.86
Debt to equity
0.87▲
2023 · 0.75
ROE
3.5%▲
2023 · -2.6%
ROA
1.8%▲
2023 · -1.5%
Interest coverage
6.07▲
2023 · 2.51
Debt ≤ 1 year
€77k▲
2023 · €46k
Debt > 1 year
€118k▲
2023 · €116k
Income taxes
€3k▲
2023 · €162
Staff costs
€96k▼
2023 · €98k
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 · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€378k€419k▲
Fixed assets21/28€219k€251k▲
Tangible fixed assets22/27€218k€251k▲
Plant, machinery and equipment23€49k€53k▲
Furniture and vehicles24€169k€197k▲
Financial fixed assets28€861€861=
Current assets29/58€159k€167k▲
Stocks and contracts in progress3€119k€114k▼
Stocks30/36€119k€114k▼
Amounts receivable within one year40/41€21k€25k▲
Trade receivables40€16k€13k▼
Other amounts receivable41€4k€12k▲
Cash at bank and in hand54/58€13k€20k▲
Deferred charges and accrued income490/1€7k€8k▲
Equity and liabilities
Total equity and liabilities10/49€378k€419k▲
Equity10/15€216k€224k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€196k€204k▲
Amounts payable17/49€162k€194k▲
Amounts payable after more than one year17€116k€118k▲
Financial debts170/4€116k€118k▲
Amounts payable within one year42/48€46k€77k▲
Current portion of amounts payable after more than one year42€28k€37k▲
Trade debts44€6k€16k▲
Suppliers440/4€6k€16k▲
Taxes, remuneration and social security45€12k€13k▲
Taxes450/3€5k€3k▼
Remuneration and social security454/9€7k€11k▲
Other amounts payable47/48€190€10k▲
Income statement
Code20232024
Non-recurring operating income76A€2k€1k▼
Remuneration, social security and pensions62€98k€96k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€55k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€123k€178k▲
Operating profit (loss)9901€484€23k▲
Financial income75/76B€2k€467▼
Recurring financial income75€2k€467▼
Financial charges65/66B€8k€13k▲
Recurring financial charges65€8k€13k▲
Profit (loss) for the period before taxes9903€-5k€10k▲
Income taxes67/77€162€3k▲
Profit (loss) for the period9904€-6k€8k▲
Profit (loss) for the period to be appropriated9905€-6k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€196k€204k▲
Profit (loss) brought forward from the previous period14P€202k€196k▼
Social balance
Average headcount (FTE)90872.32.5▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 31 days late
2024
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €-6k ▼111%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Equity above €200kEq €222k ▲31.2%
5 profitable years in a row build equity to €222k.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €53k ▲276%
Operating result €77k, net result €53k, both a record.
31-12
Financial
Equity above €150kEq €155k ▲51.7%
3 profitable years in a row build equity to €155k.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
2019
31-12
Financial
Equity above €100kEq €102k ▲15.9%
2 profitable years in a row build equity to €102k.
Show earlier events
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Brussel · 1 establishment unit since 2005
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.
Van Gulickstraat 31020 BrusselGround area
189 m²
Building footprint
107 m²
Volume, LiDAR
1,340 m³
Parcel 21815D0264/00F008, Brussels · tallest building 18.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Meram Pneus
since 20052.148.344.122
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0264/00F008 | Brussels | 189 m² | 1 · 107 m² | 18.8 m · 5 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
C.P.S.
BE 0778.674.131
Ath · Eq €224k
TTG
BE 0541.495.372
Huy · Eq €226k
Coup de Poing
BE 0447.631.145
Durbuy · Eq €227k
BANDENSERVICE BART BALEN
BE 0471.375.161
Balen · Eq €220k
SV AWANS PNEUS
BE 0841.704.434
Awans · Eq €230k
Of 2,445 companies in sector 47820 we hold annual accounts for 778. 561 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
Founded19-04-2005
Fiscal year end31-12
Activities, NACEBEL 2025
95315Tyre services
47820Retail sale of motor vehicle parts and accessories
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.