Equity
-€37,748
Debts exceed assets in financial year 2025.
MEREL
Lifetime
19 annual accounts with figures on one time axispeak €50,330 (2017)
€34,651▲ 21.5%
lowest -€45,021 (2008)
€33,942▲ 23.4%
peak -€16,871 (2007)
-€37,748▲ €33,942
€45,606▼ 39.7%
Board1 name since 2006
1 director
Documentsfilings and deeds
25-11-202567 days before the deadline
2025micro format
Gross margin from €28,520 to €34,651Equity from -€71,690 to -€37,748Debts from €75,676 to €45,606
Key points
from the 2025 annual accountsProfit
6 years
6 profitable years in a row. Profit 2025: €33,942.
Turnover
≈ €57,000 estimated
The micro format states no turnover.
Debts
€45,606 580% of the balance sheet
Suppliers 3%Taxes and wages 3%Other 94%
Filings
19 annual accounts since 2007
The last five annual accounts were filed 41 to 71 days before the end of the period.
Position in the sector
-480.4%
Lower solvency than 95% of companies in real estate. Sector median 31.0% · 19,813 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 3,795 companies had the same profile as MEREL has now. Each dot stands for 10 companies, two years later.
91.4%
were still trading
5.4%
stopped another way
2.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,795 companies, not a prediction for MEREL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0882025948
Resignation: (director)
Reappointment: (director) · “Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het oordeelkundig beheer en in…” (deed in Dutch) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 28-06-2021 · Gazette deed
First establishment
bvba MEREL, Nijverheidsstraat 14, Ronse
Incorporation
published on 04-07-2006 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MEREL Ronse | €7,858 | €34,651 | -480.4% | - |
| DUBBEL U Ghent | €16,751 | €42,830 | -322.5% | - |
| EROPOLIS Schaerbeek | €15,222 | €25,137 | -62.0% | - |
| Namur Orion Centre Ixelles | €11,631 | €44,830 | -4256.4% | - |
| Sun Boulevard Vise Visé | €9,529 | €15,093 | -352.9% | - |
| LA BOTTEGA Brussels | €2,952 | €29,223 | -5151.2% | - |
| SEVE & CO Frameries | €17,111 | €14,789 | 94.1% | - |
These companies have the same main activity as MEREL: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €2,950 and €17,100, founded between 1999 and 2015.
Official details
Source: KBO- Status
- Active since 23-06-2006Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Establishment unit
- 2.197.215.8889600 Ronse, since 24-03-2011
- Financial year end
- 30 June
- Peppol
- Reachable since 06-03-2025
Annual accounts to 30-06-2025
- €7,858▲ 97.1%
- Filing
- Filed on 25-11-2025, 67 days before the end of the filing period
Insights on MEREL
MEREL files the micro format. That format states no turnover. The gross margin rose from €3,867 in 2007 to €34,651 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MEREL
- What is the company number of MEREL?
- The company number of MEREL is 0882.025.948. The VAT number is the same number with BE in front: BE 0882.025.948.
- Where is MEREL based?
- The registered office is at Nijverheidsstraat 14, 9600 Ronse.Company details
- What does MEREL do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of MEREL?
- MEREL is a private limited company (BV).
- When was MEREL founded?
- MEREL was founded on 23-06-2006.
- Is MEREL still active?
- Yes, MEREL is an active enterprise in the KBO register.
- What is the turnover of MEREL?
- The turnover in financial year 2025 is ≈ €57,000. This figure is estimated from the gross margin of €34,651 and 51 comparable companies (NACE 682). It probably lies between €42,000 and €82,000.Financials
- Is MEREL profitable?
- In financial year 2025, MEREL made a profit of €33,942.
- Where can I find the annual accounts of MEREL?
- MEREL filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MEREL due?
- MEREL must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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