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Mereg Elektro-Hydro

Active
Private limited companyfounded 2014active for 12 yearsLangendijkstraat 13, 3690 Zutendaal, BelgiumKBO/BCE: BE 0555.752.491
Summary

The computed 12-month bankruptcy probability of Mereg Elektro-Hydro is 1.9% (moderate). The 2025 annual accounts show equity of €136,899 and a net result of €4,505. Equity is shrinking by about 4.6% per year across the filed financial years. Its solvency ranks better than 13% of 2,435 sector peers (NACE 43, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.

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Mereg Elektro-HydroActiveChecked score 52/100
Risk analysis ReportCompare

Overview

Activity
Electrical installation work in industrial facilities
NACE 43212Wholesale trade NACE 46610
2nd largest company by total assets in Zutendaal, Construction sector1 site
Size
€1.2mtotal assets 2025
Staff
5.9 FTE
Equity
€136,899
Profit
€4,505
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Structure
2025 accounts filed 38 days late1 of 2 deeds summarised
Why 52raises riskEquity €136,899 (11.0% of total assets)Last filed accounts filed 38 days late; 2 of the last 3 lateSector: Specialised construction activities (NACE 43)lowers riskFounded in 2014Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 20% of its sector peers (NACE 43, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 36-2
equity 11.0% of total assets
Liquidity 7-5
short-term debt 89.0% · cash 4.8%
Profitability 33+30
return on assets 0.4%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,639 companies, NACE 43, micro)
Last 24 months 11-2024: 1.9% 12-2024: 1.9%● unchanged vs 11-2024 01-2025: 1.6%▼ -0.3 percentage points vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025lowest value 05-2025: 1.6%● unchanged vs 04-2025 06-2025: 1.7%▲ +0.1 percentage points vs 05-2025 07-2025: 1.9%▲ +0.2 percentage points vs 06-2025 08-2025: 2.7%▲ +0.8 percentage points vs 07-2025 09-2025: 3.3%▲ +0.6 percentage points vs 08-2025 10-2025: 4.4%▲ +1.1 percentage points vs 09-2025 11-2025: 4.3%▼ -0.1 percentage points vs 10-2025 12-2025: 4.3%● unchanged vs 11-2025 01-2026: 4.2%▼ -0.1 percentage points vs 12-2025 02-2026: 4.2%● unchanged vs 01-2026 03-2026: 4.1%▼ -0.1 percentage points vs 02-2026 04-2026: 4.0%▼ -0.1 percentage points vs 03-2026 05-2026: 3.8%▼ -0.2 percentage points vs 04-2026 06-2026: 3.8%● unchanged vs 05-2026 07-2026: 4.1%▲ +0.3 percentage points vs 06-2026 08-2026: 4.8%▲ +0.7 percentage points vs 07-2026highest value 09-2026: 4.7%▼ -0.1 percentage points vs 08-2026 10-2026: 1.9%▼ -2.8 percentage points vs 09-2026
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.11, compared with 1.15 in 2024, below the usual 1.5; short-term debt: 89% and cash: 4.8% of total assets), and 89% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 14% on solvency, 5% on liquidity, 17% on profitability and 44% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises risk
raises risk · Equity €136,899 (11.0% of total assets)
NBB · annual accounts
raises risk · Last filed accounts filed 38 days late; 2 of the last 3 late
NBB · filings
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2014
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 2435 sector peers (2025).
NBB · sector comparison
Position among 2435 sector peers
Solvency
better than 13%
← weakest strongest →
raises risk · 2025 accounts filed 38 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-09-2026, 38 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
38 days late
2024
68 days late
2023
28 days late
2022
87 days late
2021
94 days late
2020
87 days late
2019
118 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 74 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Back to profitnet €4,505
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Back in profit in 2025after -€122,184 in 2024 €4,505 View
  • Caution: Among the weakest 13% on solvencysector median 42.5% · 2,435 companies 11.0% View
  • Board2 directors in office 2 View

By topic

Financials

Financial year
2025
Total assets
€1.2m
Profit
€4,505
Solvency
11.0%
Go to Financials

Timeline

Events
17
Since
2016
Next accounts
by 31-07-2027
  1. 31-12-2024Weakest financial year
  2. 28-08-2024Annual accounts filed
  3. 21-08-2024Amendment of the articles · Legal-form change…
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Electrical installation work in industrial facilitiesNACE 43212
Founded
07-07-2014
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
34
Annual meeting
First Monday of June at 16:00
Purpose
“Deontwikkeling,bouw,montage,herstelling,exploitatieenhetonderhoudvanelektrischeinstallatie…” (deed in Dutch)
Go to Articles of association

Key facts about Mereg Elektro-Hydro

What is the company number of Mereg Elektro-Hydro?
0555.752.491. In Belgium the VAT number is the company number with BE in front: BE 0555.752.491.
Where is Mereg Elektro-Hydro based?
The registered office is at Langendijkstraat 13, 3690 Zutendaal.Company details
What does Mereg Elektro-Hydro do?
According to the KBO register, the main activity is electrical installation work in industrial facilities (NACE 43212).
What is the legal form of Mereg Elektro-Hydro?
Private limited company (BV).
When was Mereg Elektro-Hydro founded?
On 07-07-2014.
Is Mereg Elektro-Hydro still active?
Yes, Mereg Elektro-Hydro is an active enterprise in the KBO register.
How many employees does Mereg Elektro-Hydro have?
On average 5.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Mereg Elektro-Hydro?
€1.6m in financial year 2023, according to the filed annual accounts.
Is Mereg Elektro-Hydro profitable?
In financial year 2025, Mereg Elektro-Hydro made a profit of €4,505.
Where can I find the annual accounts of Mereg Elektro-Hydro?
Mereg Elektro-Hydro filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Mereg Elektro-Hydro due?
By 31-07-2027, for financial year 2026.Timeline

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