Skip to content

Meyvaert

Active
Public limited companyfounded 196858 yrs activeZeilschipstraat 9, 9000 Gent, BelgiumKBO/BCE: BE 0400.098.274
Summary

Meyvaert has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.5m and a net result of €395,782. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 49% of 2393 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisWatch ReportCompare
MeyvaertActiveChecked score 83/100
Risk analysis ReportCompare

Overview

Activity
Joinery installation
NACE 43320Manufacture of other non-metallic mineral products NACE 23120Manufacture of computer, electronic and optical products NACE 26120
#6 company by staff growth in Ghent, Construction sector1 site
Size
€22.0mturnover 2025
Staff
41.1 FTE
Equity
€5.5m
Profit
€395,782
Financial health
83 Excellent Checked score 2025
Bankruptcy chance 12 m
0.4%
Structure
Parent
HAERENS GROUP · 100%
Holdings
4
Auditor: AuditcoAccounts 16 d early1 of 21 deeds read
Why 83- Liquidity: current ratio 1.70, cash €88,439, halved- Sector Specialised construction activities (NACE 43)+ Founded in 1968+ Size: turnover €22.0m, 41.1 FTE, total assets €13.2mShow the evidence

Checked score

Score 2025
83 / 100
Excellent
Probability in this band: under 0.55%
Better than 44% of its sector peers (NACE 43, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 67+6
equity 41.9% of total assets
Liquidity 22-1
short-term debt 55.5% · cash 0.7%
Profitability 61-33
return on assets 3.0%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (2,633 companies)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● 0.0% vs 11-2024 01-2025: 0.4%● 0.0% vs 12-2024 02-2025: 0.4%▼ -3.6% vs 01-2025 03-2025: 0.4%▲ +1.3% vs 02-2025 04-2025: 0.4%▲ +2.1% vs 03-2025 05-2025: 0.4%▲ +2.9% vs 04-2025 06-2025: 0.4%▲ +3.0% vs 05-2025highest value 07-2025: 0.3%▼ -31.1% vs 06-2025 08-2025: 0.3%● 0.0% vs 07-2025 09-2025: 0.3%● 0.0% vs 08-2025 10-2025: 0.3%● 0.0% vs 09-2025 11-2025: 0.3%● 0.0% vs 10-2025 12-2025: 0.3%● 0.0% vs 11-2025 01-2026: 0.3%● 0.0% vs 12-2025 02-2026: 0.3%▼ -3.9% vs 01-2026lowest value 03-2026: 0.3%▲ +1.9% vs 02-2026 04-2026: 0.3%▲ +1.8% vs 03-2026 05-2026: 0.3%▲ +5.0% vs 04-2026 06-2026: 0.3%▲ +2.4% vs 05-2026 07-2026: 0.3%▲ +2.3% vs 06-2026 08-2026: 0.4%▲ +25.6% vs 07-2026 09-2026: 0.4%● 0.0% vs 08-2026 10-2026: 0.4%● 0.0% vs 09-2026
  • Liquidity: current ratio 1.70, cash €88,439, halved raises the probability
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Founded in 1968 lowers the probability for this profile
  • Size: turnover €22.0m, 41.1 FTE, total assets €13.2m lowers the probability for this profile
Credit up to €450,000 at 30 days acceptable
Liquidity ample (current ratio 1.7 against 1.51 in 2024; short-term debt: 55.5% and cash: 0.7% of total assets), but 58.1% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, small). Better than this share of them on solvency 56%, liquidity 14%, profitability 30%, growth against the median 77%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 1.70, cash €88,439, halved
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Founded in 1968
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Size: turnover €22.0m, 41.1 FTE, total assets €13.2m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
16 d early
2024
37 d early
2023
19 d early
2022
47 d early
2021
40 d early
2020
51 d early
2019
37 d early
← 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 35 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 24 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Appointments: Conscius Bedrijfsrevisoren BV (statutory auditor)…Resignation: Conscius Bedrijfsrevisoren BV (statutory…
  2. Annual accounts filedfiscal year 2025 · full…
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Positive: Turnover rose in 2025from €7.3m to €22.0m ▲ 200% View
  • Positive: Among the best 9% on equitysector median €458,220 · 2,393 companies €5.5m View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €395,782 8 years View
  • Controlled by HAERENS GROUPultimately: HAERENS GLASS 100% View
  • Active since 1968founded 01-01-1968 58 years View
  • Flemish supportawarded 2022 - 2025 €97,881 View

By topic

Financials

Fiscal year
2025
Turnover
€22.0m
Profit
€395,782
Solvency
41.9%
Turnover▲ 200%
Net result
20182025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 18-08-2026Appointments: Conscius Bedrijfsrevisoren BV (statutory auditor) and…
  2. 15-07-2026Annual accounts filed
  3. 24-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Joinery installationNACE 43320
Founded
01-01-1968
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure