MERYS
ActiveThe computed 12-month bankruptcy probability of MERYS is 2.9% (moderate). The 2024 annual accounts show equity of €30k and a net result of €-14k. Equity is growing by ~46.2% per year across the filed fiscal years. Its solvency ranks better than 27% of 26056 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
2
/ 100
Critical▼ -56 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency15▼-7
Growth78=
Stability100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.99 against 1.1 in 2023), and 93.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
6.7%
Return on assets
-3.1%
Age of the figures
20 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
31 d late
2022
26 d early
2021
33 d late
2020
152 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€30k▼ 31.6%
2023 · €44k
2019: €-8k
2020: €7k
2021: €21k
2022: €32k
2023: €44k
2019 → 2024
Total assets
€447k▲ 31.5%
2023 · €340k
2019: €110k
2020: €152k
2021: €238k
2022: €230k
2023: €340k
2019 → 2024
Net result
€-14k
2023 · €11k
2019: €-21k
2020: €16k
2021: €13k
2022: €12k
2023: €11k
2019 → 2024
Working capital
€-2k
2023 · €29k
2019: €-8k
2020: €7k
2021: €12k
2022: €17k
2023: €29k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€7k-€21k▲ 183%€32k▲ 56.2%€44k▲ 34.3%€30k▼ 31.6%
Operating result€16k-€17k▲ 6.2%€22k▲ 26.1%€22k▲ 2.8%€-1k
Net result€16k-€13k▼ 13.9%€12k▼ 13.2%€11k▼ 4.8%€-14k
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 €1k after €22k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €447k
Fixed assets
€32k▲ 124%
Current assets
€415k▲ 27.4%
Equity and liabilities €447k
Equity
€30k▼ 31.6%
Debt
€417k▲ 40.8%
The debt ratio rises from 87.2% to 93.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€4k▼
2023 · €26k
Cash flow
€-9k▼
2023 · €14k
Solvency
6.7%▼
2023 · 12.8%
Current ratio
0.99▼
2023 · 1.10
Quick ratio
0.60▲
2023 · 0.50
Debt / equity
14.02▲
2023 · 6.80
ROE
-46.3%▼
2023 · 25.5%
ROA
-3.1%▼
2023 · 3.3%
Interest coverage
0.70▼
2023 · 7.92
Debt
€417k▲
2023 · €296k
Debt ≤ 1 year
€417k▲
2023 · €296k
Income taxes
€10k▲
2023 · €9k
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€340k€447k▲
Fixed assets21/28€14k€32k▲
Tangible fixed assets22/27€6k€24k▲
Furniture and vehicles24€6k€24k▲
Financial fixed assets28€8k€8k=
Current assets29/58€325k€415k▲
Amounts receivable after more than one year29€75k€214k▲
Other amounts receivable291€75k€214k▲
Stocks and contracts in progress3€176k€166k▼
Stocks30/36€176k€166k▼
Amounts receivable within one year40/41€67k€33k▼
Trade receivables40€53k€32k▼
Other amounts receivable41€14k€1k▼
Cash at bank and in hand54/58€765€2k▲
Deferred charges and accrued income490/1€7k-
Equity and liabilities
Total equity and liabilities10/49€340k€447k▲
Equity10/15€44k€30k▼
Contributions10/11€13k€13k=
Outside capital11€13k-
Other1109/19€13k-
Profit (loss) carried forward14€31k€17k▼
Amounts payable17/49€296k€417k▲
Amounts payable within one year42/48€296k€417k▲
Trade debts44€180k€280k▲
Suppliers440/4€180k€280k▲
Advances received on contracts in progress46€11k€11k=
Taxes, remuneration and social security45€105k€122k▲
Taxes450/3€105k€122k▲
Other amounts payable47/48-€4k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k▲
Other operating charges640/8€17k€27k▲
Gross operating margin9900€43k€31k▼
Operating profit (loss)9901€22k€-1k▼
Financial income75/76B€636€2k▲
Recurring financial income75€636€2k▲
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€20k€-4k▼
Income taxes67/77€9k€10k▲
Profit (loss) for the period9904€11k€-14k▼
Profit (loss) for the period to be appropriated9905€11k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€17k▼
Profit (loss) brought forward from the previous period14P€20k€31k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 33 days late
2021
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 152 days late
2020
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brussel · 2 establishment units since 2018
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.
Middelweg 126E1130 BrusselGround area
5.4 ha
Building footprint
2.4 ha
Volume, LiDAR
427,500 m³
2 parcels, Brussels · tallest building 33.2 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Middelweg 126e, 1130 Brussel
since 20182.277.850.901
Lambermontlaan 1, 1000 Brussel
since 20252.385.609.090
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21813F0608/00M000 | Brussels | 4.0 ha | 1 · 2.1 ha | 30.4 m · 6 fl. |
| 21821B0501/00E000 | Brussels | 1.3 ha | 1 · 3,375 m² | 33.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GLOB.COM
BE 0700.452.044
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Margaux JOACHIM
BE 0833.123.496
Waremme · Eq €30k
A to Z TEXTILE
BE 0845.206.827
Brussel · Eq €30k
EMIGJORN
BE 0799.129.352
Raeren · Eq €30k
SOBELLO
BE 0861.768.289
Heist-op-den-Berg · Eq €30k
Of 2,200 companies in sector 47711 we hold annual accounts for 889. 659 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-04-2018
Fiscal year end31-12
Activities, NACEBEL
47711Retail sale of women's outerwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
47712Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.