MEUSE LOISIRS
ActiveSummary
MEUSE LOISIRS has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-386k) and a net result of €-206k. Equity is shrinking by ~120.2% per year across the filed fiscal years. Its solvency ranks better than 8% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
28
/ 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
Profitability9▲+1
Solvency11▼-7
Growth32=
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.03 in 2024; short-term debt: 114.4% and cash: 0.6% of total assets), and equity is negative.
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
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
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
-14.4%
Return on assets
-7.7%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year €-386k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 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 · 3 filingsDeviation from the deadline
2025
5 d late
2024
12 d late
2023
28 d late
← 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-206k▲ 8.1%
2024 · €-225k
2023: €-155k
2024: €-225k
2023 → 2025
Working capital
€-3.04M▼ 14.4%
2024 · €-2.66M
2023: €-2.29M
2024: €-2.66M
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€45k-€-179k€-386k▼ 115%
Operating result€-56k-€-94k▼ 68.6%€-103k▼ 9.1%
Net result€-155k-€-225k▼ 45.2%€-206k▲ 8.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €103k in 2025 against €94k 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 €2.67M
Fixed assets
€2.65M ▲ 7.0%
Current assets
€16k ▼ 79.1%
Key figures and ratios
EBITDA
€-31k▼
2024 · €-22k
Cash flow
€-134k▲
2024 · €-153k
Solvency
-14.4%▼
2024 · -7.0%
Current ratio
0.01▼
2024 · 0.03
Debt to equity
-7.93▲
2024 · -15.28
ROA
-7.7%▲
2024 · -8.8%
Interest coverage
-0.30▼
2024 · -0.17
Debt
€3.06M▲
2024 · €2.74M
Debt ≤ 1 year
€3.06M▲
2024 · €2.73M
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.56M€2.67M▲
Formation expenses20€1k€778▼
Fixed assets21/28€2.48M€2.65M▲
Tangible fixed assets22/27€2.48M€2.65M▲
Land and buildings22€2.10M€2.03M▼
Assets under construction and advance payments27€380k€625k▲
Current assets29/58€77k€16k▼
Amounts receivable within one year40/41€33k€1k▼
Other amounts receivable41€33k€1k▼
Cash at bank and in hand54/58€43k€15k▼
Equity and liabilities
Total equity and liabilities10/49€2.56M€2.67M▲
Equity10/15€-179k€-386k▼
Contributions10/11€200k€200k=
Capital10€200k€200k=
Issued capital100€200k€200k=
Profit (loss) carried forward14€-379k€-586k▼
Amounts payable17/49€2.74M€3.06M▲
Amounts payable within one year42/48€2.73M€3.06M▲
Financial debts43€2.00M€2.00M=
Credit institutions430/8€2.00M€2.00M=
Trade debts44€10k€5k▼
Suppliers440/4€10k€5k▼
Taxes, remuneration and social security45-€107
Taxes450/3-€107
Other amounts payable47/48€725k€1.05M▲
Accrued charges and deferred income492/3€4k€67▼
Income statement
Code20242025
Operating income70/76A€60k€60k=
Other operating income74€60k€60k=
Operating charges60/66A€154k€163k▲
Services and other goods61€5k€14k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€72k€72k=
Other operating charges640/8€77k€77k▼
Operating profit (loss)9901€-94k€-103k▼
Financial charges65/66B€130k€103k▼
Recurring financial charges65€130k€103k▼
Debt charges650€130k€103k▼
Profit (loss) for the period before taxes9903€-225k€-206k▲
Profit (loss) for the period9904€-225k€-206k▲
Profit (loss) for the period to be appropriated9905€-225k€-206k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-379k€-586k▼
Profit (loss) brought forward from the previous period14P€-155k€-379k▼
The notes to these accounts (12 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
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 5 days late
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 12 days late
2024
31-12
Financial
Weakest financial yearnet €-225k
Net result drops to €-225k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 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, Herve
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.
Avenue du Parc 224650 HerveGround area
1.4 ha
Building footprint
8,952 m²
Volume, LiDAR
62,224 m³
Parcel 63014A0644/00C000, Wallonia · tallest building 15.7 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63014A0644/00C000 | Wallonia | 1.4 ha | 1 · 8,952 m² | 15.7 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.
Similar companies · same sector, comparable size
VS IMMO
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ZENITH
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BREM
BE 0451.125.917
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TENERGA ENERGY SERVICES
BE 0698.885.097
Sint-Lambrechts-Woluwe · Eq €45,438
AX-IMMO PARTNERS
BE 0458.986.677
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Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 3,217 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.