MERIT PROPERTIES

Active

Public limited companyfounded 1995active for 31 years't Kloosterhof 58, 8200 Brugge, BelgiumKBO/BCE: BE 0454.335.330

Summary

MERIT PROPERTIES has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123,162 and a net result of €3,986. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 95% of 9,368 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisFollow Report Compare

MERIT PROPERTIESActiveChecked score 71/100

Risk analysis Report Compare

Activity

General construction of residential buildings

NACE 41001

1 site

Size

≈ €76,000turnover 2025, estimated

Equity: €123,162
Profit: €3,986

Turnover estimated from the gross margin

Financial health

71 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.6%

Structure

2025 accounts 53 days early5 deeds in the Belgian Official Gazette

Why 71raises riskSector: Construction of residential and non-residential buildings (NACE 41)Liquidity: current ratio 233.97, cash €11, halvedSize: total assets €123,690lowers riskFounded in 1995Show the evidence

Checked score

Score 2025

71 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 53% of its sector peers (NACE 41, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 99.6% of total assets

Liquidity 50-11

short-term debt 0.4% · cash 0.0%

Profitability 46-23

return on assets 3.2%

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,451 companies, NACE 41, micro)

Last 24 months 11-2024: 0.6%highest value 12-2024: 0.2%▼ -0.4 percentage points vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025lowest value 08-2025: 0.2%● unchanged vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025lowest value 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.5%▲ +0.3 percentage points vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.6%▲ +0.1 percentage points vs 09-2026

Credit of up to €8,000 on 30-day terms is acceptable

short-term debt: 0.4% and cash: 0% of total assets, and 0.4% 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 41, micro): better than 92% on solvency, 52% on liquidity, 27% on profitability and 43% on growth.

The bankruptcy probability was computed on 31-10-2026 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

Five signals.

lowers riskraises riskneutral

Founded in 1995

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Sector: Construction of residential and non-residential buildings (NACE 41)

KBO

Liquidity: current ratio 233.97, cash €11, halved

NBB · annual accounts

Size: total assets €123,690

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-12-2025, 53 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

53 days early

2024

71 days early

2023

27 days early

2022

26 days early

2021

27 days early

2020

5 days early

2018

28 days early

← 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 34 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 4 January (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

30-06-2026 year end31-10-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

09-12-2025 Annual accounts filedfinancial year 2025 · micro…
21-11-2024 Annual accounts filedfinancial year 2024 · micro…
30-06-2024 Back to profitnet €15,080

Key points

Positive: Among the best 5% on solvencysector median 43.0% · 9,368 companies 99.6% View
Positive: Filed on time since financial year 2017accounts within the deadline every year 8 years View
Active since 1995founded 20-01-1995 31 years View

By topic

Financials

Financial year: 2025
Total assets: €123,690
Profit: €3,986
Solvency: 99.6%

Total assets▲ 3.0%

Net result

20182025

Go to Financials

Timeline

Events: 35
Since: 1997
Next accounts: by 31-01-2027

30-06-2024Liquidity more than 9 times
04-01-2024Annual accounts filed
30-06-2023Weakest financial year

Go to Timeline

Company details

Sites: 1

Legal form: Public limited company
Activity: General construction of residential buildingsNACE 41001
Founded: 20-01-1995
Year ends: 30-06
Peppol: Reachable for e-invoices

Go to Company details

Key facts about MERIT PROPERTIES

What is the company number of MERIT PROPERTIES?: 0454.335.330. In Belgium the VAT number is the company number with BE in front: BE 0454.335.330.
Where is MERIT PROPERTIES based?: The registered office is at 't Kloosterhof 58, 8200 Brugge.Company details
What does MERIT PROPERTIES do?: According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of MERIT PROPERTIES?: Public limited company (NV).
When was MERIT PROPERTIES founded?: On 20-01-1995.
Is MERIT PROPERTIES still active?: Yes, MERIT PROPERTIES is an active enterprise in the KBO register.
What is the turnover of MERIT PROPERTIES?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is MERIT PROPERTIES profitable?: In financial year 2025, MERIT PROPERTIES made a profit of €3,986.
Where can I find the annual accounts of MERIT PROPERTIES?: MERIT PROPERTIES filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MERIT PROPERTIES due?: By 31-01-2027, for financial year 2026.Timeline