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MEYER-TECH

Active
Private limited company (pre-2019)· 20 yrs active
Livornostraat 13-5 ·1060 Sint-Gillis (bij-Brussel), Belgium
KBO/BCE: BE 0881.313.690
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Age20 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of MEYER-TECH is 4.5% (elevated). The 2024 annual accounts show negative equity (€-13k) and a net result of €-787. Equity is shrinking by ~9.6% per year across the filed fiscal years. The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
4.5% Elevated
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +No NACE activity registered +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence
Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 10 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 30-08-2025 30 d late 2025-00447743
31-12-2023 31-07-2024 29-08-2024 29 d late 2024-00390084
31-12-2022 31-07-2023 28-09-2023 59 d late 2023-00456754
31-12-2021 31-07-2022 29-08-2022 29 d late 2022-20333070
31-12-2020 31-07-2021 26-10-2021 87 d late 2021-72900162
31-12-2019 31-07-2020 23-09-2020 54 d late 2020-54700236
31-12-2018 31-07-2019 28-11-2019 120 d late 2019-74500038
31-12-2017 31-07-2018 02-06-2018 59 d early 2018-16000119
31-12-2016 31-07-2017 24-06-2017 37 d early 2017-21500141
31-12-2015 31-07-2016 08-06-2016 53 d early 2016-16800420

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Long-established
Founded in 2006, 20 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-787+12.3%
Working capital€-12k-6.7%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 30-08-2025 with the NBB · fiscal year 2024 · micro
€-15k€-10k€-5k€0Operating result 2020: €-660€-660Net result 2020: €-15k€-15kOperating result 2021: €-2k€-2kNet result 2021: €-2k€-2kOperating result 2022: €-700€-700Net result 2022: €-803€-803Operating result 2023: €-897€-897Net result 2023: €-897€-897Operating result 2024: €-786€-786Net result 2024: €-787€-78720202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile Too volatile to project: the yearly deviation from the trend is ~152% of the level (threshold 35%). We therefore deliberately show no projection line.
€-15k€-10k€-5k€02018: €-13k2019: €-14k2020: €-15k2021: €-2k2022: €-8032023: €-8972024: €-7872018201920202021202220232024
How do we compute this?

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).

Net profit
€-787
+12.3% 18-24
Total assets
€1k
0.0% 18-24
Equity
€-13k
-6.5% 18-24
Working capital
€-12k
-6.7% 18-24
Debt
€14k
+5.9% 18-24
Debt ≤ 1y
€14k
+6.1% 18-24
Current ratio
0.09
-5.7% 18-24
Quick ratio
0.09
-5.7% 18-24
Solvency
-1002.1%
-6.5% 18-24
Debt / equity
-1.10
+0.6% 18-24
ROE
6.1%
-17.7% 18-24
ROA
-61.4%
+12.3% 18-24
Figures by fiscal year
Fiscal year2024
Depositmicro
Revenue-
EBITDA-
Net profit€-787
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€1k
Equity€-13k
Debt€14k
of which ≤ 1y€14k
of which > 1y-
Working capital€-12k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.09
Quick ratio0.09
Working capital ratio-975.1%
Solvency-1002.1%
Debt / equity-1.10
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-61.4%
ROE6.1%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€1k
Fixed assets 21/28€1
Financial fixed assets 28€1
Current assets 29/58€1k
Cash & bank 54/58€1k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1k
Equity 10/15€-13k
Contributions / capital 10/11€6k
Accumulated profits (losses) 14€-19k
Amounts payable 17/49€14k
Amounts payable within one year 42/48€14k
Income statement
Gross operating margin 9900€-786
Operating result 9901€-786
Financial charges 65€0
Result before taxes 9903€-787
Net result for the period 9904€-787
Result to be appropriated 9905€-787
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
18 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Locations & real estate

Registered office

on the map · from the address register
Sint-Gillis (bij-Brussel) exact location from the address register
Parcels1
Ground area390 m²
Buildings1
Building footprint388 m²
Volume (LiDAR)4,976 m³
Tallest building25.5 m · ±6 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21013B0040/00K020 Brussels 390 m² 1 · 388 m² 25.5 m · 6 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health18Profitability31Solvency33Growth58Stability100
48 / 100

Mixed profile: strong on stability, weaker on health.

All 5 axes are computed from data Checked has read.

Health 18
Profitability 31
Solvency 33
Growth 58
Stability 100

Ask AI about this company

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AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameFR MEYER-TECH
Registered office
Livornostraat 13-5
1060 Sint-Gillis (bij-Brussel), Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.