MEULEMAN - LOETERS
ActiveMEULEMAN - LOETERS has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €298k and a net result of €81k. Equity is growing by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 64% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability86▲+2
Solvency75▲+16
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 3.98 against 1.73 in 2023; short-term debt: 12.6% and cash: 5.8% of total assets), and 49.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
30 d late
2022
on the day
2021
1 d early
2020
1 d early
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€298k▲ 37.4%
2023 · €217k
2018: €74k
2019: €206k
2020: €180k
2021: €315k
2022: €239k
2023: €217k
2018 → 2024
Total assets
€594k▼ 6.5%
2023 · €635k
2018: €403k
2019: €265k
2020: €366k
2021: €353k
2022: €795k
2023: €635k
2018 → 2024
Net result
€81k▲ 4.5%
2023 · €78k
2018: €86k
2019: €132k
2020: €98k
2021: €135k
2022: €109k
2023: €78k
2018 → 2024
Working capital
€223k▲ 81.4%
2023 · €123k
2018: €51k
2019: €189k
2020: €149k
2021: €287k
2022: €157k
2023: €123k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€180k-€315k▲ 75.3%€239k▼ 24.1%€217k▼ 9.4%€298k▲ 37.4%
Operating result€133k-€179k▲ 34.4%€122k▼ 31.5%€106k▼ 13.7%€109k▲ 3.1%
Net result€98k-€135k▲ 37.4%€109k▼ 19.4%€78k▼ 29.0%€81k▲ 4.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 3% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €594k
Fixed assets
€297k▼ 13.6%
Current assets
€297k▲ 2.0%
Equity and liabilities €594k
Equity
€298k▲ 37.4%
Debt
€297k▼ 29.1%
The debt ratio falls from 65.9% to 49.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€159k▲
2023 · €155k
Cash flow
€131k▲
2023 · €127k
Solvency
50.1%▲
2023 · 34.1%
Current ratio
3.98▲
2023 · 1.73
Quick ratio
3.97▲
2023 · 1.72
Debt / equity
1.00▼
2023 · 1.93
ROE
27.2%▼
2023 · 35.8%
ROA
13.6%▲
2023 · 12.2%
Interest coverage
30.98▲
2023 · 26.79
Debt
€297k▼
2023 · €419k
Debt ≤ 1 year
€75k▼
2023 · €169k
Debt > 1 year
€220k▼
2023 · €249k
Income taxes
€25k▲
2023 · €23k
Staff costs
€177k▼
2023 · €183k
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€635k€594k▼
Fixed assets21/28€344k€297k▼
Tangible fixed assets22/27€344k€297k▼
Plant, machinery and equipment23€316k€275k▼
Furniture and vehicles24€28k€22k▼
Current assets29/58€291k€297k▲
Stocks and contracts in progress3€2k€850▼
Stocks30/36€2k€850▼
Amounts receivable within one year40/41€102k€123k▲
Trade receivables40€86k€114k▲
Other amounts receivable41€17k€8k▼
Current investments50/53€107k€132k▲
Cash at bank and in hand54/58€72k€34k▼
Deferred charges and accrued income490/1€9k€7k▼
Equity and liabilities
Total equity and liabilities10/49€635k€594k▼
Equity10/15€217k€298k▲
Contributions10/11€19k€19k=
Reserves13€198k€279k▲
Distributable reserves133€198k€279k▲
Amounts payable17/49€419k€297k▼
Amounts payable after more than one year17€249k€220k▼
Financial debts170/4€249k€220k▼
Amounts payable within one year42/48€169k€75k▼
Current portion of amounts payable after more than one year42€28k€29k▲
Trade debts44€25k€29k▲
Suppliers440/4€25k€29k▲
Taxes, remuneration and social security45€16k€17k▲
Taxes450/3€16k€17k▲
Other amounts payable47/48€100k-
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62€183k€177k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€50k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€340k€337k▼
Operating profit (loss)9901€106k€109k▲
Financial income75/76B€624€2k▲
Recurring financial income75€624€2k▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€100k€105k▲
Income taxes67/77€23k€25k▲
Profit (loss) for the period9904€78k€81k▲
Profit (loss) for the period to be appropriated9905€78k€81k▲
Appropriation of the result
Profit (loss) to be appropriated9906€78k€81k▲
Transfer from equity791/2€22k-
Transfer to equity691/2-€81k
To other reserves6921-€81k
Profit to be distributed694/7€100k-
Return on contributions (dividend)694€100k-
The notes to these accounts (8 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
31-12
Financial
Liquidity doublescurrent ratio 3.98
Current ratio from 1.73 to 3.98; short-term debt falls from €169k to €75k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €78k ▼29%
Net result drops to €78k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €135k ▲37.4%
Net result €135k, the highest in the series.
31-12
Financial
Liquidity times 5current ratio 9.51
Current ratio from 1.87 to 9.51; short-term debt falls from €171k to €34k.
31-12
Financial
Equity above €200kEq €315k ▲75.3%
4 profitable years in a row build equity to €315k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Liquidity times 6current ratio 7.53
Current ratio from 1.18 to 7.53; short-term debt falls from €282k to €29k.
31-12
Financial
Equity above €200kEq €206k ▲177%
2 profitable years in a row build equity to €206k.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Oostkamp · 1 establishment unit since 1992
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.
Brugsestraat 18020 OostkampGround area
417 m²
Building footprint
410 m²
Volume, LiDAR
3,960 m³
Parcel 31403H0745/00M000, Flanders · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MEULEMAN-LOETERS BV
since 19922.058.067.905
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31403H0745/00M000 | Flanders | 417 m² | 1 · 410 m² | 15.4 m · 4 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
2022 to 2024 · 3 entries · 6,462 EUR awarded · 8,412 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 4,650 EUR | 4,650 EUR |
| 2023 | 1 | 270 EUR | 2,220 EUR |
| 2022 | 1 | 1,542 EUR | 1,542 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,750 companies in sector 68310 we hold annual accounts for 6,907. 4,966 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-06-1992
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.