MEULEMEESTER
ActiveSummary
The computed 12-month bankruptcy probability of MEULEMEESTER is 1.8% (moderate). The 2025 annual accounts show negative equity (€-150k) and a net result of €11k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 13% of 13305 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-2
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.55 against 0.76 in 2024; short-term debt: 36% and cash: 12.7% of total assets), and equity is negative.
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
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 2025Solvency, return and age of the figures
Solvency
-64.2%
Return on assets
4.7%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 13305 sector peers (2025).
NBB · sector comparisonPosition among 13305 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
9 d early
2023
8 d early
2022
6 d early
2021
3 d early
2020
15 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-150k▲ 6.8%
2024 · €-161k
2018: €-225k
2019: €-251k
2020: €-236k
2021: €-193k
2022: €-182k
2023: €-169k
2024: €-161k
2018 → 2025
Total assets
€233k▲ 65.3%
2024 · €141k
2018: €93k
2019: €77k
2020: €70k
2021: €161k
2022: €143k
2023: €142k
2024: €141k
2018 → 2025
Net result
€11k▲ 23.7%
2024 · €9k
2018: €4k
2019: €-25k
2020: €15k
2021: €43k
2022: €10k
2023: €13k
2024: €9k
2018 → 2025
Working capital
€-37k▼ 248%
2024 · €-11k
2018: €-9k
2019: €-32k
2020: €-27k
2021: €6k
2022: €-6k
2023: €-13k
2024: €-11k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-193k-€-182k▲ 5.4%€-169k▲ 7.1%€-161k▲ 5.2%€-150k▲ 6.8%
Operating result€46k-€12k▼ 73.6%€15k▲ 21.2%€11k▼ 27.7%€15k▲ 37.1%
Net result€43k-€10k▼ 75.8%€13k▲ 24.3%€9k▼ 32.1%€11k▲ 23.7%
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 2025; 2025 is 37% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €233k
Fixed assets
€186k ▲ 74.7%
Current assets
€47k ▲ 36.0%
Key figures and ratios
EBITDA
€41k▲
2024 · €30k
Cash flow
€37k▲
2024 · €29k
Solvency
-64.2%▲
2024 · -113.9%
Current ratio
0.55▼
2024 · 0.76
Quick ratio
0.43▼
2024 · 0.51
Debt to equity
-2.56▼
2024 · -1.88
ROA
4.7%▼
2024 · 6.2%
Interest coverage
11.11▼
2024 · 17.64
Debt
€383k▲
2024 · €301k
Debt ≤ 1 year
€84k▲
2024 · €45k
Debt > 1 year
€299k▲
2024 · €255k
Income taxes
€120=
2024 · €120
Staff costs
€41k▲
2024 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€141k€233k▲
Fixed assets21/28€107k€186k▲
Tangible fixed assets22/27€107k€186k▲
Plant, machinery and equipment23€20k€16k▼
Furniture and vehicles24€3k€27k▲
Other tangible fixed assets26€84k€144k▲
Current assets29/58€34k€47k▲
Stocks and contracts in progress3€11k€11k▼
Stocks30/36€11k€11k▼
Amounts receivable within one year40/41€7k€2k▼
Trade receivables40€7k€2k▼
Other amounts receivable41€77€85▲
Cash at bank and in hand54/58€13k€30k▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€141k€233k▲
Equity10/15€-161k€-150k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-179k€-168k▲
Amounts payable17/49€301k€383k▲
Amounts payable after more than one year17€255k€299k▲
Financial debts170/4€8k€52k▲
Other amounts payable178/9€247k€247k=
Amounts payable within one year42/48€45k€84k▲
Current portion of amounts payable after more than one year42€12k€23k▲
Trade debts44€26k€40k▲
Suppliers440/4€26k€40k▲
Advances received on contracts in progress46-€32
Taxes, remuneration and social security45€5k€7k▲
Taxes450/3€4k€3k▼
Remuneration and social security454/9€1k€4k▲
Other amounts payable47/48€2k€14k▲
Accrued charges and deferred income492/3€1k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€23k€41k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€26k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€57k€84k▲
Operating profit (loss)9901€11k€15k▲
Financial income75/76B€0€68▲
Recurring financial income75€0€68▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€9k€11k▲
Income taxes67/77€120€120=
Profit (loss) for the period9904€9k€11k▲
Profit (loss) for the period to be appropriated9905€9k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-179k€-168k▲
Profit (loss) brought forward from the previous period14P€-188k€-179k▲
The notes to these accounts (9 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
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €43k ▲190%
Operating result €46k, net result €43k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.15
Current ratio from 0.52 to 1.15; short-term debt falls from €56k to €39k.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-25k ▼700%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Ichtegem · 1 establishment unit since 2019
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.
Dorpstraat(BEK) 18480 IchtegemGround area
455 m²
Building footprint
177 m²
Volume, LiDAR
1,399 m³
Parcel 35001A0201/00C000, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Meulemeester
since 20192.284.391.570
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35001A0201/00C000 | Flanders | 455 m² | 1 · 177 m² | 11.0 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteIchtegem2.284.391.570
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Knokke-Heist
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-07-2011
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
56220Contract catering and other food service activities
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:nathaliemeulemeester@me.be