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MEUSE CONDROZ LOGEMENT

Active
Private limited companyfounded 1921active for 105 yearsRue d'Amérique 28, 4500 Huy, BelgiumKBO/BCE: BE 0401.454.096
Summary

MEUSE CONDROZ LOGEMENT has been active since 1921 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €74.0m and a net result of €1.4m. Equity is growing by about 12% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Real estate activities
NACE 68202
Largest company by equity in Huy1 site
Size
€10.2mturnover 2024
Staff
42 FTE
Equity
€74.0m
Profit
€1.4m
Financial health
57 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Board
21 members
Auditor: CDP Partners2025 accounts not filed, 86 days past the deadline
Why 57raises riskCapped at 59: a confirmed filing findingFigures for financial year 2024 (filed 09-07-2025)lowers riskSize: turnover €10.2m, 42 FTE, total assets €139.7mFounded in 1921Sector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2024
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 73% of its sector peers (NACE 68, small)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 78+5
equity 53.0% of total assets
Liquidity 60-4
short-term debt 9.2% · cash 7.7%
Profitability 60+4
return on assets 1.0%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,984 companies, NACE 68, small)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026highest value
Credit of up to €1,000,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity ample (current ratio 2.36, compared with 2.97 in 2023, above the usual 1.5; short-term debt: 9.2% and cash: 7.7% of total assets), and 47% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small): better than 70% on solvency, 87% on liquidity, 59% on profitability and 75% on growth.

The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 09-07-2025)
NBB · annual accounts
lowers risk · Size: turnover €10.2m, 42 FTE, total assets €139.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1921
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 86 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline25-10-2026 today
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 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
29 days early
2023
29 days late
2022
26 days early
2021
27 days early
2020
31 days early
2019
35 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 8 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointments: Nancy Mahaux, Dominique Brugmans and…Auditor report · Approval ·…
  2. Appointments: Florian RORIVE, Dilek KELLECI and…Shareholding
  3. Annual accounts filedfinancial year 2024 · unclassified…

Key points

  • Positive: Largest company by equity in Huyin the Checked rankings No. 1 View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 86 days past the deadline View
  • Positive: Result rose in 2024from €845,707 to €1.4m ▲ 69.5% View
  • New directorslatest change 25-06-2026 · 21 in office 5 joined View
  • Positive: 4 years of growth in a rowturnover 2024: €10.2m 4 years View
  • Active since 1921founded 15-04-1921 105 years View

By topic

Financials

Financial year
2024
Turnover
€10.2m
Profit
€1.4m
Solvency
53.0%
Turnover▲ 7.8%
Net result
20182024
Go to Financials

Board & ownership

Board
21 members
Auditor
CDP Partners
  • PARENT NicolasDirector
  • ROLAND ThomasDirector
  • Xavier MERCIERDirector
  • Nancy MAHAUXManager
  • Albert DELIEGEDirector

and 16 other directors

Go to Board & ownership

Timeline

Events
76
Since
1978
  1. 12-02-2025Resignation: Michel DELHALLE (directeur gérant)
  2. 29-08-2024Annual accounts filed
  3. 01-12-2023Resignations: BAWIN Véronique, DANZE Patrick and 20…
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Real estate activitiesNACE 68202
Founded
15-04-1921
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
54
Annual meeting
Last Thursday of June
Purpose
“La gestion et la mise en location de logements d'utilité publique; L'accueil des…” (deed in French)
Go to Articles of association

Key facts about MEUSE CONDROZ LOGEMENT

What is the company number of MEUSE CONDROZ LOGEMENT?
0401.454.096. In Belgium the VAT number is the company number with BE in front: BE 0401.454.096.
Where is MEUSE CONDROZ LOGEMENT based?
The registered office is at Rue d'Amérique 28, 4500 Huy.Company details
What does MEUSE CONDROZ LOGEMENT do?
According to the KBO register, the main activity is real estate activities (NACE 68202).
What is the legal form of MEUSE CONDROZ LOGEMENT?
Private limited company (BV).
When was MEUSE CONDROZ LOGEMENT founded?
On 15-04-1921.
Is MEUSE CONDROZ LOGEMENT still active?
Yes, MEUSE CONDROZ LOGEMENT is an active enterprise in the KBO register.
How many employees does MEUSE CONDROZ LOGEMENT have?
On average 42 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of MEUSE CONDROZ LOGEMENT?
€10.2m in financial year 2024, according to the filed annual accounts.
Is MEUSE CONDROZ LOGEMENT profitable?
In financial year 2024, MEUSE CONDROZ LOGEMENT made a profit of €1.4m.
Where can I find the annual accounts of MEUSE CONDROZ LOGEMENT?
MEUSE CONDROZ LOGEMENT filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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