MEULIN
The computed 12-month bankruptcy probability of MEULIN is 0.6% (low). The 2025 annual accounts show equity of €53k and a net result of €31k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 36% of 1329 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €53k |
| Net result | €31k |
| Better than sector | 36% |
| Active | 6 yrs |
Strong profile, led by profitability.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 8.6% | 22.9% | |
| Net result | €31k | €10k | |
| Equity | €53k | €44k | |
| Gross operating margin | €4k | €40k | |
| Total assets | €612k | €291k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €-400 |
| Net profit | €31k |
| Cash flow | €53k |
| Staff costs | - |
| Income taxes | €5k |
| Dividends | - |
| Total assets | €612k |
| Equity | €53k |
| Debt | €559k |
| of which ≤ 1y | €224k |
| of which > 1y | €334k |
| Working capital | €-76k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.66 |
| Quick ratio | 0.66 |
| Working capital ratio | -12.5% |
| Solvency | 8.6% |
| Debt / equity | 10.62 |
| Long-term debt ratio | 6.35 |
| Interest coverage | -0.03 |
| Gross margin | - |
| Net margin | - |
| ROA | 5.0% |
| ROE | 58.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €612k |
| Fixed assets | 21/28 | €464k |
| Tangible fixed assets | 22/27 | €464k |
| Current assets | 29/58 | €148k |
| Amounts receivable within one year | 40/41 | €123k |
| Cash & bank | 54/58 | €21k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €612k |
| Equity | 10/15 | €53k |
| Contributions / capital | 10/11 | €20k |
| Reserves | 13 | €33k |
| Amounts payable | 17/49 | €559k |
| Amounts payable after one year | 17 | €334k |
| Amounts payable within one year | 42/48 | €224k |
| Trade debts payable within one year | 44 | €7k |
| Income statement | ||
| Gross operating margin | 9900 | €4k |
| Operating result | 9901 | €-22k |
| Financial income | 75 | €73k |
| Financial charges | 65 | €14k |
| Result before taxes | 9903 | €36k |
| Income taxes | 67/77 | €5k |
| Net result for the period | 9904 | €31k |
| Result to be appropriated | 9905 | €31k |
| NACE primary | Real estate activities(68110) |
| Legal form | Private limited company(610) |
| Incorporation | 07-10-2019 |
| Status | Active |
| Postal code | 3300 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24057C0078/00F003 | Flanders | 2,026 m² | 1 · 313 m² | 9.6 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
25-08-2025 Transaction in capital or shares
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0735.791.619",
"name_full": "MEULIN"
}
}18-03-2025 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": "proposal",
"notary": {
"name": "Peter Meulemeester",
"firm_city": null,
"firm_name": null,
"office_city": "Leuven",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-03-18",
"filing_date": "2025-03-10",
"act_kind_objet": "MEDEDELING - NEERLEGGING VAN EEN FUSIEVOORSTEL"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2025-03-10",
"unanimous": null
},
"conversion": null,
"detected_kind": "merger_absorption",
"report_waiver": null,
"restructuring": {
"parties": [
{
"kbo": "0735.791.619",
"name": "MEULIN",
"role": "acquiring",
"address": "Keibergstraat 24 - 3300 Tienen",
"is_foreign": false,
"legal_form": "BV",
"is_new_company": false,
"jurisdiction_country": null
},
{
"kbo": "0806.561.928",
"name": "PM ASSIST COMM. V",
"role": "absorbed",
"address": "Keibergstraat 24 - 3300 Tienen",
"is_foreign": false,
"legal_form": "Gewone commanditaire vennootschap",
"is_new_company": false,
"jurisdiction_country": null
}
],
"exchange_ratio": null,
"legal_articles": [
"12:7",
"12:50"
],
"is_cross_border": false,
"is_silent_merger": true,
"balance_basis_date": null,
"exchange_ratio_text": null,
"new_shares_issued_n": 0,
"real_estate_included": true,
"patrimony_description": "De gehele patrimoine van PM ASSIST COMM. V, zowel activa als passiva, wordt overgedragen aan MEULIN BV. De verrichting omvat alle activiteiten en goederen van PM ASSIST, inclusief roerende en onroerende goederen, en alle handelingen die rechtstreeks of onrechtstreeks verband houden met haar voorwerp.",
"equity_transferred_eur": null,
"accounting_effective_date": "2025-01-01"
},
"subject_company": {
"kbo": "0735.791.619",
"name_full": "MEULIN",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Peter Meulemeester",
"org_rep_person_name": null
},
"summary_narrative": "De bestuursorganen van MEULIN BV en PM ASSIST COMM. V hebben een fusievoorstel opgesteld overeenkomstig artikelen 12:7 en 12:50 van het Wetboek van Vennootschappen en Verenigingen. Het voorstel voorziet in een met een fusie door overneming gelijkgestelde verrichting waarbij PM ASSIST COMM. V wordt overgenomen door MEULIN BV. Aangezien MEULIN al de enige aandeelhouder van PM ASSIST is, wordt de fusie uitgevoerd zonder uitgifte van nieuwe aandelen, en is er geen ruilverhouding vereist. De handelingen van PM ASSIST worden boekhoudkundig geacht vanaf 1 januari 2025 voor rekening van MEULIN.",
"co_filed_documents": [],
"detected_real_type": "fusion_proposal",
"referenced_correction": null,
"should_reroute_to_category": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | MEULIN |