Merlet Advies
ActiveMerlet Advies has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €22k and a net result of €-10k. Equity is shrinking by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 73% of 37968 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-81
Solvency100=
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 4.04 against 3.77 in 2023; short-term debt: 22.4% and cash: 6.4% of total assets), and 22.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
77.6%
Return on assets
-33.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
347 d late
2022
26 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€22k▼ 30.2%
2023 · €32k
2022: €27k
2023: €32k
2022 → 2024
Total assets
€28k▼ 30.9%
2023 · €41k
2022: €42k
2023: €41k
2022 → 2024
Net result
€-10k
2023 · €4k
2022: €22k
2023: €4k
2022 → 2024
Working capital
€19k▼ 27.0%
2023 · €26k
2022: €25k
2023: €26k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€27k-€32k▲ 15.1%€22k▼ 30.2%
Operating result€28k-€5k▼ 82.6%€-10k
Net result€22k-€4k▼ 81.6%€-10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €10k after €5k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €28k
Fixed assets
€3k▼ 46.3%
Current assets
€26k▼ 28.7%
Equity and liabilities €28k
Equity
€22k▼ 30.2%
Debt
€6k▼ 33.3%
The debt ratio falls from 23.2% to 22.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-7k▼
2023 · €7k
Cash flow
€-7k▼
2023 · €6k
Solvency
77.6%▲
2023 · 76.8%
Current ratio
4.04▲
2023 · 3.77
Quick ratio
4.04▲
2023 · 3.77
Debt / equity
0.29▼
2023 · 0.30
ROE
-43.2%▼
2023 · 13.1%
ROA
-33.5%▼
2023 · 10.1%
Interest coverage
-55.61▼
2023 · 72.27
Debt
€6k▼
2023 · €10k
Debt ≤ 1 year
€6k▼
2023 · €10k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€41k€28k▼
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€5k€3k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€1k€374▼
Current assets29/58€36k€26k▼
Amounts receivable within one year40/41€26k€24k▼
Trade receivables40€8k€9k▲
Other amounts receivable41€17k€14k▼
Cash at bank and in hand54/58€10k€2k▼
Deferred charges and accrued income490/1-€220
Equity and liabilities
Total equity and liabilities10/49€41k€28k▼
Equity10/15€32k€22k▼
Contributions10/11€5k€5k=
Reserves13€22k€16k▼
Distributable reserves133€22k€16k▼
Profit (loss) carried forward14€4k€607▼
Amounts payable17/49€10k€6k▼
Amounts payable within one year42/48€10k€6k▼
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45€7k€3k▼
Taxes450/3€7k€3k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€563€505▼
Gross operating margin9900€7k€-7k▼
Operating profit (loss)9901€5k€-10k▼
Financial income75/76B€333€213▼
Recurring financial income75€333€213▼
Financial charges65/66B€92€130▲
Recurring financial charges65€92€130▲
Profit (loss) for the period before taxes9903€5k€-10k▼
Income taxes67/77€1k-
Profit (loss) for the period9904€4k€-10k▼
Profit (loss) for the period to be appropriated9905€4k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-5k▼
Profit (loss) brought forward from the previous period14P-€4k
Transfer from equity791/2-€6k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
13-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 347 days late
2024
31-12
Financial
Weakest financial yearnet €-10k ▼330%
Net result drops to €-10k, the lowest in the series.
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Vosselaar · 1 establishment unit since 2022
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.
Charlottapad 42350 VosselaarGround area
985 m²
Building footprint
151 m²
Volume, LiDAR
995 m³
Parcel 13046C0011/02D017, Flanders · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Merlet Advies
since 20222.335.266.882
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13046C0011/02D017 | Flanders | 985 m² | 1 · 151 m² | 11.4 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
2023 to 2024 · 2 entries · 1,105 EUR awarded · 1,105 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 470 EUR | 470 EUR |
| 2023 | 1 | 635 EUR | 635 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 31,634 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-09-2022
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
82990Other business support services
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.