MEYER - ANTWERP
ActiveSummary
MEYER - ANTWERP has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €776,529 and a net result of €34,993. Equity is growing by ~40.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71▼-3
Solvency68▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 1.78 against 1.61 in 2023; short-term debt: 33.5% and cash: 24% of total assets), but 56.9% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 19-06-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 d early
2024
21 d early
2023
27 d late
2022
13 d late
2021
33 d early
2020
31 d late
2019
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
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. Usually files around 10 July (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€776,529▲ 4.7%
2023 · €741,536
Total assets
€1.8m▼ 5.3%
2023 · €1.9m
Net result
€34,993▼ 58.1%
2023 · €83,481
Working capital
€468,724▲ 8.2%
2023 · €433,057
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€29,443▼ 35.5%€93,074▲ 216%€499,380▲ 437%€140,341▼ 71.9%€68,237▼ 51.4%
Net result€5,540within the sector's middle half▼ 75.5%€53,675within the sector's middle half▲ 869%€355,282above the sector's middle half▲ 562%€83,481within the sector's middle half▼ 76.5%€34,993within the sector's middle half▼ 58.1%
Equity€249,098within the sector's middle half▲ 2.3%€302,773within the sector's middle half▲ 21.5%€658,056within the sector's middle half▲ 117%€741,536within the sector's middle half▲ 12.7%€776,529within the sector's middle half▲ 4.7%
Total assets€1.2mwithin the sector's middle half▼ 11.0%€2.0mwithin the sector's middle half▲ 70.4%€2.5mwithin the sector's middle half▲ 24.0%€1.9mwithin the sector's middle half▼ 24.7%€1.8mwithin the sector's middle half▼ 5.3%
Debt€945,924▼ 14.0%€1.7m▲ 83.2%€1.9m▲ 7.7%€1.2m▼ 37.8%€1.0m▼ 11.6%
Working capital€124,746within the sector's middle half▼ 20.2%€767,150within the sector's middle half▲ 515%€404,980within the sector's middle half▼ 47.2%€433,057within the sector's middle half▲ 6.9%€468,724within the sector's middle half▲ 8.2%
Solvency20.8%within the sector's middle half▲ 2.7pp14.9%below the sector's middle half▼ 6.0pp26.1%within the sector's middle half▲ 11.2pp39.0%within the sector's middle half▲ 12.9pp43.1%within the sector's middle half▲ 4.1pp
Current ratio1.35within the sector's middle half=2.30within the sector's middle half▲ 0.941.31within the sector's middle half▼ 0.991.61within the sector's middle half▲ 0.311.78within the sector's middle half▲ 0.17
Return on assets (ROA)0.5%within the sector's middle half▼ 1.2pp2.6%within the sector's middle half▲ 2.2pp14.1%above the sector's middle half▲ 11.4pp4.4%within the sector's middle half▼ 9.7pp1.9%within the sector's middle half▼ 2.4pp
Staff (FTE)5within the sector's middle half▲ 25.0%5.7within the sector's middle half▲ 14.0%6.1within the sector's middle half▲ 7.0%5.5within the sector's middle half▼ 9.8%6within the sector's middle half▲ 9.1%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 51% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.8m
Fixed assets
€730,547 ▼ 4.0%
Current assets
€1.1m ▼ 6.1%
Equity and liabilities €1.8m
Equity
€776,529 ▲ 4.7%
Debt
€1.0m ▼ 11.6%
Debt's share of the balance-sheet total falls from 61.0% to 56.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€150,123▼
2023 · €218,675
Cash flow
€116,880▼
2023 · €161,814
Quick ratio
1.71▲
2023 · 1.56
Debt to equity
1.32▼
2023 · 1.57
ROE
4.5%▼
2023 · 11.3%
Interest coverage
9.57▼
2023 · 10.28
Debt ≤ 1 year
€603,133▼
2023 · €708,088
Debt > 1 year
€389,447▼
2023 · €452,715
Income taxes
€17,839▼
2023 · €35,909
Staff costs
€328,184▲
2023 · €311,310
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,040 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €4,823 | €7,228 | - | - | - |
| Remuneration, social security and pensions62 | - | €247,014 | €287,957 | €311,310 | €328,184 | ▲ 5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €43,072 | €41,888 | €71,399 | €78,334 | €81,887 | ▲ 4.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €5,109 | €5,846 | -€12,408 | - | - |
| Other operating charges640/8 | - | €7,356 | €6,089 | €6,131 | €6,559 | ▲ 7.0% |
| Gross operating margin9900 | €252,329 | €394,441 | €870,671 | €523,708 | €484,867 | ▼ 7.4% |
| Operating profit (loss)9901 | €29,443 | €93,074 | €499,380 | €140,341 | €68,237 | ▼ 51.4% |
| Financial income75/76B | - | €1,505 | €180 | €312 | €280 | ▼ 10.4% |
| Recurring financial income75 | €241 | €1,505 | €180 | €312 | €280 | ▼ 10.4% |
| Financial charges65/66B | - | €19,833 | €20,399 | €21,264 | €15,685 | ▼ 26.2% |
| Recurring financial charges65 | €18,765 | €19,833 | €20,399 | €21,264 | €15,685 | ▼ 26.2% |
| Profit (loss) for the period before taxes9903 | €10,919 | €74,746 | €479,160 | €119,389 | €52,832 | ▼ 55.7% |
| Income taxes67/77 | €5,379 | €21,071 | €123,878 | €35,909 | €17,839 | ▼ 50.3% |
| Profit (loss) for the period9904 | €5,540 | €53,675 | €355,282 | €83,481 | €34,993 | ▼ 58.1% |
| Profit (loss) for the period to be appropriated9905 | €5,540 | €53,675 | €355,282 | €83,481 | €34,993 | ▼ 58.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €2.0m | €2.5m | €1.9m | €1.8m | ▼ 5.3% |
| Fixed assets21/28 | €718,497 | €676,609 | €797,307 | €761,194 | €730,547 | ▼ 4.0% |
| Intangible fixed assets21 | €66,640 | €56,086 | €171,855 | €130,925 | €113,730 | ▼ 13.1% |
| Tangible fixed assets22/27 | €649,419 | €618,085 | €623,015 | €627,831 | €614,378 | ▼ 2.1% |
| Land and buildings22 | - | €606,401 | €612,136 | €610,763 | €593,020 | ▼ 2.9% |
| Plant, machinery and equipment23 | - | €1,332 | €834 | €335 | €57 | ▼ 83.0% |
| Furniture and vehicles24 | - | €10,352 | €10,045 | €16,733 | €21,302 | ▲ 27.3% |
| Financial fixed assets28 | €2,438 | €2,438 | €2,438 | €2,438 | €2,438 | = |
| Current assets29/58 | €476,525 | €1.4m | €1.7m | €1.1m | €1.1m | ▼ 6.1% |
| Stocks and contracts in progress3 | €37,032 | €33,671 | €32,583 | €38,029 | €41,526 | ▲ 9.2% |
| Stocks30/36 | - | €33,671 | €32,583 | €38,029 | €41,526 | ▲ 9.2% |
| Amounts receivable within one year40/41 | €255,339 | €1.2m | €1.3m | €650,398 | €583,528 | ▼ 10.3% |
| Trade receivables40 | - | €1.2m | €1.3m | €623,370 | €530,204 | ▼ 14.9% |
| Other amounts receivable41 | - | €4 | €271 | €27,028 | €53,324 | ▲ 97.3% |
| Cash at bank and in hand54/58 | €178,745 | €96,503 | €341,104 | €355,575 | €431,796 | ▲ 21.4% |
| Deferred charges and accrued income490/1 | - | €54,865 | €76,545 | €97,144 | €15,007 | ▼ 84.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €2.0m | €2.5m | €1.9m | €1.8m | ▼ 5.3% |
| Equity10/15 | €249,098 | €302,773 | €658,056 | €741,536 | €776,529 | ▲ 4.7% |
| Contributions10/11 | - | €306,487 | €306,487 | €306,487 | €306,487 | = |
| Reserves13 | €8,602 | €8,602 | €347,710 | €432,710 | €467,710 | ▲ 8.1% |
| Tax-exempt reserves132 | - | €124 | €124 | €124 | €124 | = |
| Distributable reserves133 | - | €8,478 | €347,586 | €432,586 | €467,586 | ▲ 8.1% |
| Profit (loss) carried forward14 | -€65,991 | -€12,316 | €3,858 | €2,339 | €2,332 | ▼ 0.3% |
| Amounts payable17/49 | €945,924 | €1.7m | €1.9m | €1.2m | €1.0m | ▼ 11.6% |
| Amounts payable after more than one year17 | €594,145 | €539,754 | €530,430 | €452,715 | €389,447 | ▼ 14.0% |
| Financial debts170/4 | - | €539,754 | €530,430 | €452,715 | €389,447 | ▼ 14.0% |
| Amounts payable within one year42/48 | €351,779 | €592,120 | €1.3m | €708,088 | €603,133 | ▼ 14.8% |
| Current portion of amounts payable after more than one year42 | - | €54,391 | €81,315 | €77,715 | €63,268 | ▼ 18.6% |
| Financial debts43 | - | €41,230 | €6,769 | €6,899 | €6,867 | ▼ 0.5% |
| Credit institutions430/8 | - | €41,230 | €6,769 | €6,899 | €6,867 | ▼ 0.5% |
| Trade debts44 | €183,727 | €338,093 | €1.0m | €564,174 | €463,666 | ▼ 17.8% |
| Suppliers440/4 | - | €338,093 | €1.0m | €564,174 | €463,666 | ▼ 17.8% |
| Taxes, remuneration and social security45 | - | €156,223 | €212,858 | €59,301 | €69,332 | ▲ 16.9% |
| Taxes450/3 | - | €108,206 | €188,009 | €24,128 | €39,281 | ▲ 62.8% |
| Remuneration and social security454/9 | - | €48,017 | €24,849 | €35,173 | €30,051 | ▼ 14.6% |
| Other amounts payable47/48 | - | €2,183 | €2,183 | - | - | - |
| Accrued charges and deferred income492/3 | - | €601,232 | €13,802 | - | €33,294 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,540 | €53,675 | €355,282 | €83,481 | €34,993 | ▼ 58.1% |
| + Depreciation and write-downs630 | €43,072 | €41,888 | €71,399 | €78,334 | €81,887 | ▲ 4.5% |
| Operating cash flow (approximation) | €48,612 | €95,563 | €426,682 | €161,814 | €116,880 | ▼ 27.8% |
| Investment in fixed assets (approximation) | - | €0 | -€192,098 | -€42,221 | -€51,239 | ▼ 21.4% |
| Change in cash | - | -€82,242 | €244,601 | €14,471 | €76,221 | ▲ 427% |
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
Next filing, fiscal year 2026, expected by
2026
19-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
13-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 13 days late
2022
31-12
Financial
Highest result since 2018net €355,282 ▲562%
Operating result €499,380, net result €355,282, both a record.
31-12
Financial
Equity above €500,000Eq €658,056 ▲117%
5 profitable years in a row build equity to €658,056.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €5,540 ▼75.5%
Net result drops to €5,540, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
31-12
Financial
Equity above €200,000Eq €243,558 ▲101%
2 profitable years in a row build equity to €243,558.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Antwerpen · 2 establishment units since 1966
Ground area
1.5 ha
Building footprint
6,535 m²
Volume, LiDAR
54,221 m³
2 parcels, Brussels, Flanders · tallest building 32.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
MEYER ANTWERP BVBA
since 19662.000.697.254
Louizalaan 500, 1050 Brussel
since 20252.374.271.473
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0270/00X000 | Flanders | 1.4 ha | 1 · 5,314 m² | 8.4 m · 2 fl. |
| 21822R0227/00T003 | Brussels | 1,218 m² | 1 · 1,221 m² | 32.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 2,363 EUR awarded · 630 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 630 EUR |
| 2022 | 1 | 2,363 EUR | 0 EUR |
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Of 2,501 companies in sector 46649 we hold annual accounts for 1,762. 1,411 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
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL 2025
46492Wholesale trade
46649Wholesale of other machinery and equipment
46620Wholesale of machine tools
Contact
Website
www.meyer.be
E-mail
info@meyer.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0404902546
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.