MERIT CONSULTING
ActiveMERIT CONSULTING has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €740k and a net result of €106k. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 81% of 13935 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▼-1
Solvency98▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 5.0 against 5.26 in 2024; short-term debt: 17.6% and cash: 65.6% of total assets), and 27% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
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
73%
Return on assets
10.5%
Age of the figures
9 mo
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
6 d early
2023
140 d early
2022
130 d early
2021
86 d early
2020
60 d early
2019
16 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€740k▲ 3.2%
2024 · €717k
2018: €597k
2019: €677k
2020: €717k
2021: €681k
2022: €813k
2023: €688k
2024: €717k
2018 → 2025
Total assets
€1.01M▲ 8.3%
2024 · €936k
2018: €769k
2019: €857k
2020: €929k
2021: €911k
2022: €999k
2023: €902k
2024: €936k
2018 → 2025
Net result
€106k▲ 1.5%
2024 · €105k
2018: €94k
2019: €102k
2020: €151k
2021: €127k
2022: €150k
2023: €112k
2024: €105k
2018 → 2025
Working capital
€712k▲ 9.0%
2024 · €653k
2018: €457k
2019: €546k
2020: €600k
2021: €573k
2022: €716k
2023: €608k
2024: €653k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€681k-€813k▲ 19.3%€688k▼ 15.3%€717k▲ 4.1%€740k▲ 3.2%
Operating result€173k-€223k▲ 29.1%€150k▼ 32.8%€146k▼ 2.4%€143k▼ 2.3%
Net result€127k-€150k▲ 18.1%€112k▼ 25.2%€105k▼ 6.5%€106k▲ 1.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 2% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.01M
Fixed assets
€124k▼ 4.5%
Current assets
€890k▲ 10.4%
Equity and liabilities €1.01M
Equity
€740k▲ 3.2%
Debt
€274k▲ 25.1%
The debt ratio rises from 23.4% to 27.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€151k▼
2024 · €154k
Cash flow
€114k▲
2024 · €113k
Solvency
73.0%▼
2024 · 76.6%
Current ratio
5.00▼
2024 · 5.26
Quick ratio
5.00▼
2024 · 5.26
Debt / equity
0.37▲
2024 · 0.31
ROE
14.4%▼
2024 · 14.6%
ROA
10.5%▼
2024 · 11.2%
Interest coverage
11.22▲
2024 · 10.65
Debt
€274k▲
2024 · €219k
Debt ≤ 1 year
€178k▲
2024 · €153k
Income taxes
€43k▼
2024 · €45k
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€936k€1.01M▲
Fixed assets21/28€130k€124k▼
Tangible fixed assets22/27€130k€124k▼
Land and buildings22€115k€110k▼
Furniture and vehicles24€354€1k▲
Other tangible fixed assets26€14k€13k▼
Current assets29/58€806k€890k▲
Amounts receivable within one year40/41€50k€50k▲
Trade receivables40€50k€50k▲
Other amounts receivable41-€77
Current investments50/53€126k€168k▲
Cash at bank and in hand54/58€625k€665k▲
Deferred charges and accrued income490/1€6k€7k▲
Equity and liabilities
Total equity and liabilities10/49€936k€1.01M▲
Equity10/15€717k€740k▲
Contributions10/11€6k€6k=
Reserves13€703k€726k▲
Distributable reserves133€703k€726k▲
Profit (loss) carried forward14€7k€7k=
Amounts payable17/49€219k€274k▲
Amounts payable within one year42/48€153k€178k▲
Trade debts44€1k€9k▲
Suppliers440/4€1k€9k▲
Taxes, remuneration and social security45€15k€34k▲
Taxes450/3€15k€27k▲
Remuneration and social security454/9-€7k
Other amounts payable47/48€137k€135k▼
Accrued charges and deferred income492/3€66k€96k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€157k€153k▼
Operating profit (loss)9901€146k€143k▼
Financial income75/76B€18k€20k▲
Recurring financial income75€18k€20k▲
Financial charges65/66B€14k€13k▼
Recurring financial charges65€14k€13k▼
Profit (loss) for the period before taxes9903€150k€150k▼
Income taxes67/77€45k€43k▼
Profit (loss) for the period9904€105k€106k▲
Profit (loss) for the period to be appropriated9905€105k€106k▲
Appropriation of the result
Profit (loss) to be appropriated9906€112k€114k▲
Profit (loss) brought forward from the previous period14P€7k€7k=
Transfer from equity791/2€76k€84k▲
Transfer to equity691/2€105k€106k▲
To other reserves6921€105k€106k▲
Profit to be distributed694/7€76k€84k▲
Return on contributions (dividend)694€76k€84k▲
The notes to these accounts (5 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
13-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €151k ▲48.4%
Net result €151k, the highest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 3 days late
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro 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, Kapelle-op-den-Bos · 1 establishment unit since 2004
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.
Vroonbaan 861880 Kapelle-op-den-BosGround area
1,167 m²
Building footprint
168 m²
Volume, LiDAR
1,033 m³
Parcel 23056B0151/00C000, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MERIT CONSULTING
since 20042.137.139.830
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23056B0151/00C000 | Flanders | 1,167 m² | 1 · 168 m² | 10.0 m · 2 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 378 EUR awarded · 378 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 378 EUR | 378 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
8945003W9HP6P4IW0F59
Similar companies · same sector, comparable size
BEXIM
BE 0421.301.880
Charleroi · Eq €740k
MUNTHOF
BE 0738.421.903
Brussel · Eq €741k
MIM-INVEST
BE 0831.700.665
Middelkerke · Eq €738k
D-VEM
BE 0524.913.421
Beernem · Eq €742k
AM-BEHEER
BE 0689.842.422
Temse · Eq €738k
Of 9,697 companies in sector 68121 we hold annual accounts for 7,378. 4,304 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-05-2004
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
70111
68122Development of non-residential building projects
70112
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.