MERBRALAN
ActiveMERBRALAN has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39k and a net result of €25k. Equity is growing by ~32.5% per year across the filed fiscal years. Its solvency ranks better than 18% of 10331 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+16
Solvency33▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.57 against 0.56 in 2024; short-term debt: 92.4% of total assets), and 92.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 · 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
7.6%
Return on assets
4.9%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 10331 sector peers (2025).
NBB · sector comparisonPosition among 10331 sector peers
Solvency
better than 18%
← weakest
strongest →
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 09-06-2026, 52 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
52 d early
2024
50 d early
2023
41 d early
2022
24 d early
2021
24 d early
2020
46 d early
2019
46 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.70M
EBIT margin
3.2%
Net result
€25k
2024 · €-21k
2018: €-27k
2019: €-34k
2020: €7k
2021: €-29k
2022: €52k
2023: €48k
2024: €-21k
2018 → 2025
Working capital
€-207k▲ 21.1%
2024 · €-262k
2018: €-17k
2019: €-68k
2020: €-55k
2021: €-81k
2022: €-56k
2023: €-335k
2024: €-262k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.70M
Equity€-65k-€-13k▲ 80.4%€35k€14k▼ 60.7%€39k▲ 186%
Operating result€-29k-€56k€55k▼ 1.3%€-12k€65k
Net result€-29k-€52k€48k▼ 9.0%€-21k€25k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €65k after a loss of €12k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €518k
Fixed assets
€246k▼ 21.1%
Current assets
€272k▼ 16.8%
Equity and liabilities €518k
Equity
€39k▲ 186%
Debt
€479k▼ 23.4%
The debt ratio falls from 97.9% to 92.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€117k▲
2024 · €45k
Cash flow
€78k▲
2024 · €36k
Solvency
7.6%▲
2024 · 2.1%
Current ratio
0.57▲
2024 · 0.56
Quick ratio
0.50▼
2024 · 0.51
Debt / equity
12.24▼
2024 · 45.70
ROE
65.1%▲
2024 · -154.5%
ROA
4.9%▲
2024 · -3.3%
Interest coverage
34.25▲
2024 · 5.31
Debt
€479k▼
2024 · €625k
Debt ≤ 1 year
€479k▼
2024 · €589k
Income taxes
€13k▲
2024 · €320
Staff costs
€386k▲
2024 · €377k
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€638k€518k▼
Fixed assets21/28€311k€246k▼
Intangible fixed assets21€294k€226k▼
Tangible fixed assets22/27€17k€20k▲
Plant, machinery and equipment23€15k€18k▲
Other tangible fixed assets26€2k€2k▼
Current assets29/58€327k€272k▼
Stocks and contracts in progress3€27k€32k▲
Stocks30/36€27k€32k▲
Amounts receivable within one year40/41€301k€240k▼
Trade receivables40€300k€240k▼
Other amounts receivable41€80-
Equity and liabilities
Total equity and liabilities10/49€638k€518k▼
Equity10/15€14k€39k▲
Contributions10/11€19k€20k▲
Profit (loss) carried forward14€-5k€19k▲
Amounts payable17/49€625k€479k▼
Amounts payable within one year42/48€589k€479k▼
Trade debts44€314k€321k▲
Suppliers440/4€314k€321k▲
Taxes, remuneration and social security45€59k€120k▲
Taxes450/3€1k€48k▲
Remuneration and social security454/9€58k€72k▲
Other amounts payable47/48€216k€38k▼
Accrued charges and deferred income492/3€36k-
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€377k€386k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€52k▼
Other operating charges640/8€699€408▼
Gross operating margin9900€422k€504k▲
Operating profit (loss)9901€-12k€65k▲
Financial charges65/66B€8k€27k▲
Recurring financial charges65€8k€3k▼
Non-recurring financial charges66B€20€23k▲
Profit (loss) for the period before taxes9903€-21k€38k▲
Income taxes67/77€320€13k▲
Profit (loss) for the period9904€-21k€25k▲
Profit (loss) for the period to be appropriated9905€-21k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€21k▲
Profit (loss) brought forward from the previous period14P€16k€-5k▼
Transfer to equity691/2-€2k
To contributions691-€2k
Social balance
Average headcount (FTE)908710.09.0▼
The notes to these accounts (14 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
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €52k
Net result €52k after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
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, Aalter · 2 establishment units since 2018
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.
Groendreef 109880 AalterGround area
2.0 ha
Building footprint
1.0 ha
Volume, LiDAR
72,550 m³
3 parcels, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Buurtslagers
since 20182.279.620.457
Buurtslagers
since 20232.347.452.359
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44503H0052/00C000 | Flanders | 1.4 ha | 1 · 9,001 m² | 11.4 m · 3 fl. |
| 13029G0228/00N000 | Flanders | 3,969 m² | 1 · 1,027 m² | 7.5 m · 2 fl. |
| 44066C1146/00Z000 | Flanders | 1,932 m² | 1 · 192 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 479 EUR awarded · 479 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 479 EUR | 479 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Food safety, FASFC
2 sites · 2 with a smileyEvergem2.347.452.359
Olen2.279.620.457
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Of 3,043 companies in sector 47221 we hold annual accounts for 1,562. 1,257 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-02-2018
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47221Retail sale of meat and meat products, excluding game and poultry
47120Other non-specialised retail sale
47222Retail trade
47910Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:lien.scherrens@meatandmore.be
Phone:092167316