MEULEMAN PROJECTEN
ActiveThe annual accounts of MEULEMAN PROJECTEN for fiscal year 2025 show a net loss of 55% of total assets and of 107% of the equity at the start of that year. The 2025 annual accounts show equity of €3k and a net result of €-14k. Equity is shrinking by ~25.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 36% of 14038 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
35
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency39▼-37
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.58 against 0.83 in 2024; short-term debt: 86.2% and cash: 6.1% of total assets), and 86.2% 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.
−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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 2025Solvency, return and age of the figures
Solvency
13.8%
Return on assets
-55.2%
Age of the figures
18 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
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 2025Net result per financial year
202122232425
2020 to 2025 · latest year €-14k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 16-10-2025, 15 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
15 d early
2024
6 d early
2023
4 d early
2022
1 d late
2021
20 d late
2020
17 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 73.2%
2024 · €13k
2020: €5k
2021: €27k
2022: €19k
2023: €19k
2024: €13k
2020 → 2025
Total assets
€25k▼ 0.7%
2024 · €25k
2020: €85k
2021: €69k
2022: €63k
2023: €52k
2024: €25k
2020 → 2025
Net result
€-14k▼ 133%
2024 · €-6k
2020: €-9k
2021: €22k
2022: €-8k
2023: €-330
2024: €-6k
2020 → 2025
Working capital
€-9k▼ 329%
2024 · €-2k
2020: €25k
2021: €1k
2022: €-3k
2023: €281
2024: €-2k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€19k▼ 29.1%€19k▼ 1.7%€13k▼ 31.5%€3k▼ 73.2%
Operating result€27k-€-8k€-153▲ 98.0%€-6k▼ 3,661%€-14k▼ 136%
Net result€22k-€-8k€-330▲ 95.8%€-6k▼ 1,683%€-14k▼ 133%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2025 against €6k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25k
Fixed assets
€12k▼ 16.4%
Current assets
€12k▲ 22.4%
Equity and liabilities €25k
Equity
€3k▼ 73.2%
Debt
€21k▲ 75.1%
The debt ratio rises from 48.9% to 86.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-10k▼
2024 · €-2k
Cash flow
€-10k▼
2024 · €-2k
Solvency
13.8%▼
2024 · 51.1%
Current ratio
0.58▼
2024 · 0.83
Quick ratio
0.58▼
2024 · 0.83
Debt / equity
6.25▲
2024 · 0.96
ROE
-400.7%▼
2024 · -46.1%
ROA
-55.2%▼
2024 · -23.6%
Interest coverage
-154.40▼
2024 · -18.85
Debt
€21k▲
2024 · €12k
Debt ≤ 1 year
€21k▲
2024 · €12k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€25k€25k▼
Fixed assets21/28€15k€12k▼
Tangible fixed assets22/27€15k€12k▼
Plant, machinery and equipment23€15k€11k▼
Furniture and vehicles24-€1k
Current assets29/58€10k€12k▲
Amounts receivable within one year40/41€10k€11k▲
Trade receivables40€10k€10k▲
Other amounts receivable41€83€486▲
Cash at bank and in hand54/58€334€2k▲
Equity and liabilities
Total equity and liabilities10/49€25k€25k▼
Equity10/15€13k€3k▼
Contributions10/11€14k€19k▲
Profit (loss) carried forward14€-1k€-15k▼
Amounts payable17/49€12k€21k▲
Amounts payable within one year42/48€12k€21k▲
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€432€0▼
Taxes450/3€432€0▼
Other amounts payable47/48€9k€20k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€384€451▲
Gross operating margin9900€-2k€-10k▼
Operating profit (loss)9901€-6k€-14k▼
Financial charges65/66B€120€65▼
Recurring financial charges65€120€65▼
Profit (loss) for the period before taxes9903€-6k€-14k▼
Profit (loss) for the period9904€-6k€-14k▼
Profit (loss) for the period to be appropriated9905€-6k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1k€-15k▼
Profit (loss) brought forward from the previous period14P€4k€-1k▼
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
Next filing, fiscal year 2026, expected by
2025
16-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series.
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
01-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2021
20-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 20 days late
31-03
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
2020
17-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 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, Grimbergen · 1 establishment unit 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.
Priesterlindestraat 11850 GrimbergenGround area
988 m²
Building footprint
136 m²
Volume, LiDAR
771 m³
Parcel 23402D0556/00T000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Priesterlindestraat 1, 1850 Grimbergen
since 20182.276.356.210
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23402D0556/00T000 | Flanders | 988 m² | 1 · 136 m² | 8.1 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.
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FOX INVEST
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DEGE.IN
BE 0807.406.620
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Huysentruyt Projects
BE 1029.374.292
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 1,773 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-04-2018
Fiscal year end31-03
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
43990Other specialised construction activities
43995Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.