MEYPAND
ActiveThe computed 12-month bankruptcy probability of MEYPAND is 1.7% (moderate). The 2024 annual accounts show equity of €46k and a net result of €-31k. Equity is shrinking by ~21.3% per year across the filed fiscal years. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability17▼-15
Solvency30▼-4
Growth58=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity short (current ratio 0.12 against 0.07 in 2023; short-term debt: 10.2% and cash: 1.2% of total assets), and 94.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
5.4%
Return on assets
-3.7%
Age of the figures
21 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
192021222324
2019 to 2024 · latest year €-31k
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 10-07-2025, 21 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
26 d late
2022
23 d late
2021
45 d early
2020
55 d late
2019
21 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€46k▼ 40.7%
2023 · €77k
2019: €166k
2020: €154k
2021: €126k
2022: €98k
2023: €77k
2019 → 2024
Total assets
€844k▼ 2.4%
2023 · €865k
2019: €575k
2020: €575k
2021: €800k
2022: €894k
2023: €865k
2019 → 2024
Net result
€-31k▼ 50.1%
2023 · €-21k
2019: €-34k
2020: €-12k
2021: €-28k
2022: €-28k
2023: €-21k
2019 → 2024
Working capital
€-76k▼ 65.3%
2023 · €-46k
2019: €23k
2020: €-32k
2021: €-72k
2022: €-15k
2023: €-46k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€154k-€126k▼ 18.2%€98k▼ 22.3%€77k▼ 21.3%€46k▼ 40.7%
Operating result€-8k-€-17k▼ 113%€-18k▼ 8.3%€-15k▲ 20.7%€-26k▼ 77.1%
Net result€-12k-€-28k▼ 144%€-28k▲ 0.1%€-21k▲ 25.5%€-31k▼ 50.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €26k in 2024 against €15k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €844k
Fixed assets
€833k▼ 3.2%
Current assets
€10k▲ 185%
Equity and liabilities €844k
Equity
€46k▼ 40.7%
Debt
€798k▲ 1.3%
The debt ratio rises from 91.1% to 94.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2k▼
2023 · €13k
Cash flow
€-4k▼
2023 · €6k
Solvency
5.4%▼
2023 · 8.9%
Current ratio
0.12▲
2023 · 0.07
Quick ratio
0.12▲
2023 · 0.07
Debt / equity
17.43▲
2023 · 10.20
ROE
-68.6%▼
2023 · -27.1%
ROA
-3.7%▼
2023 · -2.4%
Interest coverage
0.37▼
2023 · 2.01
Debt
€798k▲
2023 · €788k
Debt ≤ 1 year
€86k▲
2023 · €49k
Debt > 1 year
€712k▼
2023 · €738k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€865k€844k▼
Fixed assets21/28€861k€833k▼
Tangible fixed assets22/27€861k€833k▼
Land and buildings22€859k€832k▼
Furniture and vehicles24€2k€2k▼
Current assets29/58€4k€10k▲
Amounts receivable within one year40/41€225€0▼
Other amounts receivable41€225€0▼
Cash at bank and in hand54/58€3k€10k▲
Deferred charges and accrued income490/1-€119
Equity and liabilities
Total equity and liabilities10/49€865k€844k▼
Equity10/15€77k€46k▼
Contributions10/11€200k€200k=
Profit (loss) carried forward14€-123k€-154k▼
Amounts payable17/49€788k€798k▲
Amounts payable after more than one year17€738k€712k▼
Financial debts170/4€738k€712k▼
Amounts payable within one year42/48€49k€86k▲
Current portion of amounts payable after more than one year42€26k€27k▲
Trade debts44€338€106▼
Suppliers440/4€338€106▼
Other amounts payable47/48€23k€59k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€28k▲
Other operating charges640/8€5k€6k▲
Gross operating margin9900€18k€8k▼
Operating profit (loss)9901€-15k€-26k▼
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€-21k€-31k▼
Profit (loss) for the period9904€-21k€-31k▼
Profit (loss) for the period to be appropriated9905€-21k€-31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-123k€-154k▼
Profit (loss) brought forward from the previous period14P€-102k€-123k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 55 days late
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Hasselt
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.
Meybroekstraat 773510 HasseltGround area
808 m²
Building footprint
204 m²
Volume, LiDAR
1,393 m³
Parcel 71028B0403/00B002, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71028B0403/00B002 | Flanders | 808 m² | 1 · 204 m² | 9.8 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded14-06-2018
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.