MEUNIER ET FILS
BankruptcySummary
The KBO register records for MEUNIER ET FILS the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €67k and a net result of €12k.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 27-11-2024, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
27 d late
2023
14 d late
2021
247 d late
2020
282 d late
2019
13 d early
2018
7 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€145k▲ 23.7%
2020 · €117k
2019: €60klowest value
2020: €117k▲ +94.1% vs 2019
2023: €145khighest value
2019 → 2023
EBIT margin
6.6%▲ 2.4pp
2020 · 4.2%
2019: 5.3%
2020: 4.2%▼ -22.2% vs 2019lowest value
2023: 6.6%highest value
2019 → 2023
Net result
€12k▲ 86.3%
2023 · €7k
2019: €1klowest value
2020: €3k▲ +84.3% vs 2019
2021: €5k▲ +84.1% vs 2020
2023: €7k
2024: €12k▲ +86.3% vs 2023highest value
2019 → 2024
Working capital
€67k▲ 35.5%
2023 · €49k
2019: €32k
2020: €32k▼ -1.1% vs 2019lowest value
2021: €39k▲ +23.3% vs 2020
2023: €49k
2024: €67k▲ +35.5% vs 2023highest value
2019 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120232024Trend
Turnover€60k-€117k▲ 94.1%€145k
2019: €60klowest value
2020: €117k▲ +94.1% vs 2019
2023: €145khighest value
Equity€36k-€38k▲ 7.7%€44k▲ 13.2%€55k▲ 25.9%€67k▲ 22.7%
2019: €36klowest value
2020: €38k▲ +7.7% vs 2019
2021: €44k▲ +13.2% vs 2020
2023: €55k
2024: €67k▲ +22.7% vs 2023highest value
Operating result€3k-€5k▲ 51.1%€9k▲ 85.1%€10k▲ 5.9%€24k▲ 154%
2019: €3klowest value
2020: €5k▲ +51.1% vs 2019
2021: €9k▲ +85.1% vs 2020
2023: €10k
2024: €24k▲ +154% vs 2023highest value
Net result€1k-€3k▲ 84.3%€5k▲ 84.1%€7k▲ 31.8%€12k▲ 86.3%
2019: €1klowest value
2020: €3k▲ +84.3% vs 2019
2021: €5k▲ +84.1% vs 2020
2023: €7k
2024: €12k▲ +86.3% vs 2023highest value
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 154% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €104k
Fixed assets
€536 ▼ 92.1%
Current assets
€104k ▲ 8.6%
Equity and liabilities €104k
Equity
€67k ▲ 22.7%
Debt
€37k ▼ 22.1%
Debt's share of the balance-sheet total falls from 46.4% to 35.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€24k▲
2023 · €13k
Cash flow
€13k▲
2023 · €10k
Current ratio
2.80▲
2023 · 2.06
Debt to equity
0.55▼
2023 · 0.87
ROE
18.5%▲
2023 · 12.2%
ROA
11.9%▲
2023 · 6.5%
Interest coverage
3.56▼
2023 · 13.08
Debt ≤ 1 year
€37k▼
2023 · €46k
Income taxes
€5k▲
2023 · €2k
Staff costs
€2k▼
2023 · €4k
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 · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€102k€104k▲
Fixed assets21/28€7k€536▼
Tangible fixed assets22/27€7k€361▼
Plant, machinery and equipment23€496€361▼
Furniture and vehicles24€6k-
Financial fixed assets28€175€175=
Current assets29/58€95k€104k▲
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€95k€103k▲
Trade receivables40€85k€103k▲
Other amounts receivable41€10k-
Cash at bank and in hand54/58€212€573▲
Equity and liabilities
Total equity and liabilities10/49€102k€104k▲
Equity10/15€55k€67k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€969€969=
Non-distributable reserves130/1€969€969=
Legal reserve130€969€969=
Profit (loss) carried forward14€35k€48k▲
Amounts payable17/49€47k€37k▼
Amounts payable after more than one year17€1k-
Financial debts170/4€1k-
Amounts payable within one year42/48€46k€37k▼
Current portion of amounts payable after more than one year42€518€1k▲
Financial debts43€6k€6k▲
Credit institutions430/8€6k€6k▲
Trade debts44€31k€4k▼
Suppliers440/4€31k€4k▼
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45€3k€10k▲
Taxes450/3€3k€10k▲
Other amounts payable47/48€6k€14k▲
Income statement
Code20232024
Turnover70€145k-
Goods, raw materials, services and sundry goods60/61€111k-
Remuneration, social security and pensions62€4k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€135▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€16k-
Other operating charges640/8€800€876▲
Gross operating margin9900€34k€27k▼
Operating profit (loss)9901€10k€24k▲
Financial income75/76B€52-
Recurring financial income75€52-
Financial charges65/66B€1k€7k▲
Recurring financial charges65€1k€7k▲
Profit (loss) for the period before taxes9903€9k€17k▲
Income taxes67/77€2k€5k▲
Profit (loss) for the period9904€7k€12k▲
Profit (loss) for the period to be appropriated9905€7k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€48k▲
Profit (loss) brought forward from the previous period14P€29k€35k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €60k | €117k | - | €145k | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €111k | - | - |
| Remuneration, social security and pensions62 | - | - | €13k | €4k | €2k | ▼ 57.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €5k | €4k | €135 | ▼ 96.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €16k | - | - |
| Other operating charges640/8 | - | - | €122 | €800 | €876 | ▲ 9.6% |
| Gross operating margin9900 | €11k | €18k | €27k | €34k | €27k | ▼ 20.7% |
| Operating profit (loss)9901 | €3k | €5k | €9k | €10k | €24k | ▲ 154% |
| Financial income75/76B | - | - | - | €52 | - | - |
| Recurring financial income75 | €1 | €1 | - | €52 | - | - |
| Financial charges65/66B | - | - | €3k | €1k | €7k | ▲ 576% |
| Recurring financial charges65 | €1k | €1k | €3k | €1k | €7k | ▲ 576% |
| Profit (loss) for the period before taxes9903 | €2k | €4k | €6k | €9k | €17k | ▲ 103% |
| Income taxes67/77 | €401 | €776 | €997 | €2k | €5k | ▲ 162% |
| Profit (loss) for the period9904 | €1k | €3k | €5k | €7k | €12k | ▲ 86.3% |
| Profit (loss) for the period to be appropriated9905 | €1k | €3k | €5k | €7k | €12k | ▲ 86.3% |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €58k | €65k | €70k | €102k | €104k | ▲ 1.9% |
| Fixed assets21/28 | €4k | €18k | €13k | €7k | €536 | ▼ 92.1% |
| Tangible fixed assets22/27 | €3k | €18k | €13k | €7k | €361 | ▼ 94.5% |
| Plant, machinery and equipment23 | - | - | €0 | €496 | €361 | ▼ 27.2% |
| Furniture and vehicles24 | - | - | €13k | €6k | - | - |
| Financial fixed assets28 | €175 | €175 | €175 | €175 | €175 | = |
| Current assets29/58 | €55k | €47k | €57k | €95k | €104k | ▲ 8.6% |
| Stocks and contracts in progress3 | €3k | €4k | €3k | €0 | - | - |
| Stocks30/36 | - | - | €3k | €0 | - | - |
| Amounts receivable within one year40/41 | €48k | €43k | €49k | €95k | €103k | ▲ 8.2% |
| Trade receivables40 | - | - | €45k | €85k | €103k | ▲ 21.5% |
| Other amounts receivable41 | - | - | €4k | €10k | - | - |
| Cash at bank and in hand54/58 | €2k | €37 | €5k | €212 | €573 | ▲ 170% |
| Deferred charges and accrued income490/1 | - | - | €336 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €58k | €65k | €70k | €102k | €104k | ▲ 1.9% |
| Equity10/15 | €36k | €38k | €44k | €55k | €67k | ▲ 22.7% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | - | €19k | €19k | €19k | = |
| Issued capital100 | - | - | €19k | €19k | €19k | = |
| Reserves13 | €969 | €969 | €969 | €969 | €969 | = |
| Non-distributable reserves130/1 | - | - | €969 | €969 | €969 | = |
| Legal reserve130 | - | - | €969 | €969 | €969 | = |
| Profit (loss) carried forward14 | €16k | €19k | €24k | €35k | €48k | ▲ 35.3% |
| Amounts payable17/49 | €23k | €27k | €27k | €47k | €37k | ▼ 22.1% |
| Amounts payable after more than one year17 | - | €12k | €8k | €1k | - | - |
| Financial debts170/4 | - | - | €8k | €1k | - | - |
| Amounts payable within one year42/48 | €22k | €15k | €17k | €46k | €37k | ▼ 20.1% |
| Current portion of amounts payable after more than one year42 | - | - | €3k | €518 | €1k | ▲ 129% |
| Financial debts43 | - | - | €5k | €6k | €6k | ▲ 6.0% |
| Credit institutions430/8 | - | - | €5k | €6k | €6k | ▲ 6.0% |
| Trade debts44 | €12k | €5k | €5k | €31k | €4k | ▼ 88.1% |
| Suppliers440/4 | - | - | €5k | €31k | €4k | ▼ 88.1% |
| Advances received on contracts in progress46 | - | - | - | - | €2k | - |
| Taxes, remuneration and social security45 | - | - | €4k | €3k | €10k | ▲ 179% |
| Taxes450/3 | - | - | €2k | €3k | €10k | ▲ 179% |
| Remuneration and social security454/9 | - | - | €2k | - | - | - |
| Other amounts payable47/48 | - | - | - | €6k | €14k | ▲ 155% |
| Accrued charges and deferred income492/3 | - | - | €1k | - | - | - |
| Line | 2019 | 2020 | 2021 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1k | €3k | €5k | €7k | €12k | ▲ 86.3% |
| + Depreciation and write-downs630 | €2k | €3k | €5k | €4k | €135 | ▼ 96.4% |
| Operating cash flow (approximation) | €4k | €6k | €10k | €10k | €13k | ▲ 20.9% |
| Investment in fixed assets (approximation) | - | €-18k | €0 | - | €6k | - |
| Change in cash | - | €-2k | €5k | - | €361 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
27-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
31-03
Financial
Highest result since 2019net €12k ▲86.3%
Operating result €24k, net result €12k, both a record.
2023
14-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 247 days late
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 282 days late
2019
18-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
24-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
06-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 6 days late
2016
23-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
10-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 10 days late
2014
16-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Mettet · 1 establishment unit since 2008
Ground area
981 m²
Building footprint
149 m²
Volume, LiDAR
837 m³
Parcel 93074E0092/00G000, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Meuelec
since 20082.167.644.944
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93074E0092/00G000 | Wallonia | 981 m² | 1 · 149 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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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Of 22,832 companies in sector 43211 we hold annual accounts for 10,326. 8,752 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded06-03-2007
Fiscal year end31-03
Abbreviation FR
MEUELEC
Activities, NACEBEL 2025
43211General electrical installation work
43120Site preparation
43230Insulation installation
43331Floor and wall tiling
43350Other building finishing work
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.