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MEUBINEX

Active
Public limited companyfounded 1980active for 46 yearsHeirweg 72, 8520 Kuurne, BelgiumKBO/BCE: BE 0420.793.027
Summary

MEUBINEX has been active since 1980 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €575,864 and a net result of -€191,722. Equity is shrinking by about 13% per year across the filed financial years. Its solvency ranks better than 83% of 191 sector peers (NACE 13, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Manufacture of textiles
NACE 13930
#8 oldest company in Kuurne, Manufacturing sector1 site
Size
€705,948total assets 2025
Staff
7.3 FTE
Equity
€575,864
Loss
-€191,722
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
VAMECO CONSULT · 99.84%
Holdings
1
Accounts filed 25 days late0 of 4 deeds read
Why 87raises riskLoss of €191,722, the second in a row (financial year 2025)Size: 7.3 FTE, total assets €705,948lowers riskLiquidity: current ratio 8.03, cash €127,843Equity €575,864 (81.6% of total assets)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 46% of its sector peers (NACE 13, micro)
Financial strength · tick = 2024
Average
Solvency 100=
equity 81.6% of total assets
Liquidity 71+8
short-term debt 12.0% · cash 18.1%
Profitability 0-7
return on assets -27.2%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (494 companies, NACE 13, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 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: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity ample (current ratio 8.03, compared with 4.42 in 2024; short-term debt: 12% and cash: 18.1% of total assets), and 18.4% of the assets are financed with debt.
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 13, micro): better than 88% on solvency, 74% on liquidity, 6% on profitability and 16% on growth.

The bankruptcy probability was computed on 10-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €191,722, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 8.03, cash €127,843
NBB · annual accounts
lowers risk · Equity €575,864 (81.6% of total assets)
NBB · annual accounts
raises risk · Size: 7.3 FTE, total assets €705,948
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€191,722
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are in a legal situation other than normal, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
25 days late
2024
29 days early
2023
9 days early
2022
5 days early
2021
23 days early
2020
17 days early
2019
2 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 9 days before the deadline; the sector median (NACE 13) for financial year 2024 is 13 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
11-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet -€191,722
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2025 -€191,722 View
  • Caution: Result fell in 2025from -€93,505 to -€191,722 ▼ 105% View
  • Caution: Among the weakest 17% on net resultsector median €97,448 · 192 companies -€191,722 View
  • Controlled by VAMECO CONSULT 99.84% View
  • Active since 1980founded 01-10-1980 46 years View

By topic

Financials

Financial year
2025
Total assets
€705,948
Loss
-€191,722
Solvency
81.6%
Total assets▼ 29.4%
Net result
20182025
Go to Financials

Timeline

Events
49
Since
1982
Next accounts
by 31-07-2027
  1. 22-07-2024Annual accounts filed
  2. 26-07-2023Annual accounts filed
  3. 08-07-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of textilesNACE 13930
Founded
01-10-1980
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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