Meyvis
ActiveSummary
Meyvis has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€130,573) and a net result of €65,846. Equity is shrinking by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 8061 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▲+80
Solvency3▲+3
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.64 against 0.58 in 2024; short-term debt: 122.3% and cash: 1.5% of total assets), and equity is negative.
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Signals
Five 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
-22.3%
Return on assets
11.2%
Age of the figures
18 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 8061 sector peers (2025).
NBB · sector comparisonPosition among 8061 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
5 d early
2021
10 d late
2020
30 d late
2019
on the day
← 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 5 days after 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 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 31 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close01-10-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#3 oldest company in Bornem, Construction sector
Equity
-€130,573▲ 33.5%
2024 · -€196,419
Total assets
€586,488▼ 2.1%
2024 · €599,355
Net result
€65,846
2024 · -€77,861
Working capital
-€260,892▲ 20.9%
2024 · -€329,697
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 43, Specialised construction activities, 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
Line20212022202320242025
Operating result-€79,462▼ 56.0%€37,675€2,151▼ 94.3%-€77,021€67,484
Net result-€91,150below the sector's middle half▼ 56.1%€29,484within the sector's middle half€1,356below the sector's middle half▼ 95.4%-€77,861below the sector's middle half€65,846within the sector's middle half
Equity-€149,399below the sector's middle half▼ 156%-€119,915below the sector's middle half▲ 19.7%-€118,558below the sector's middle half▲ 1.1%-€196,419below the sector's middle half▼ 65.7%-€130,573below the sector's middle half▲ 33.5%
Total assets€488,200within the sector's middle half▼ 18.5%€641,777within the sector's middle half▲ 31.5%€709,507within the sector's middle half▲ 10.6%€599,355within the sector's middle half▼ 15.5%€586,488within the sector's middle half▼ 2.1%
Debt€637,599▼ 2.9%€761,692▲ 19.5%€828,065▲ 8.7%€795,775▼ 3.9%€717,061▼ 9.9%
Working capital-€253,418below the sector's middle half-€220,455below the sector's middle half▲ 13.0%-€225,223below the sector's middle half▼ 2.2%-€329,697below the sector's middle half▼ 46.4%-€260,892below the sector's middle half▲ 20.9%
Solvency-30.6%below the sector's middle half▼ 20.9pp-18.7%below the sector's middle half▲ 11.9pp-16.7%below the sector's middle half▲ 2.0pp-32.8%below the sector's middle half▼ 16.1pp-22.3%below the sector's middle half▲ 10.5pp
Current ratio0.60below the sector's middle half▼ 0.490.71below the sector's middle half▲ 0.110.73below the sector's middle half▲ 0.020.58below the sector's middle half▼ 0.140.64below the sector's middle half▲ 0.05
Return on assets (ROA)-18.7%below the sector's middle half▼ 8.9pp4.6%within the sector's middle half▲ 23.3pp0.2%below the sector's middle half▼ 4.4pp-13.0%below the sector's middle half▼ 13.2pp11.2%within the sector's middle half▲ 24.2pp
Staff (FTE)6.3within the sector's middle half▼ 18.2%5.8within the sector's middle half▼ 7.9%4.8within the sector's middle half▼ 17.2%4.7within the sector's middle half▼ 2.1%4.5within the sector's middle half▼ 4.3%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, 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 returns to profit in 2025: €67,484 after a loss of €77,021 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €586,488
Fixed assets
€130,319 ▼ 3.3%
Current assets
€456,168 ▼ 1.8%
Equity and liabilities
Equity-€130,573
Debt€717,061
Equity is negative: debt (€717,061) exceeds the balance-sheet total (€586,488).
Key figures and ratios
EBITDA
€74,032▲
2024 · -€63,980
Cash flow
€72,394▲
2024 · -€64,820
Quick ratio
0.58▲
2024 · 0.50
Interest coverage
75.22▲
2024 · -109.18
Debt ≤ 1 year
€717,061▼
2024 · €794,260
Income taxes
€664▼
2024 · €839
Staff costs
€355,256▲
2024 · €297,791
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,795 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
2.7%
went bankrupt
5.3%
stopped otherwise
92%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,341 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 3,795 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €305,756 | €293,817 | €297,791 | €355,256 | ▲ 19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,366 | €4,899 | €5,192 | €13,041 | €6,548 | ▼ 49.8% |
| Other operating charges640/8 | - | €3,361 | €7,135 | €27,395 | €3,137 | ▼ 88.5% |
| Non-recurring operating charges66A | - | - | - | - | €4,740 | - |
| Gross operating margin9900 | €134,130 | €351,692 | €308,295 | €261,206 | €437,165 | ▲ 67.4% |
| Operating profit (loss)9901 | -€79,462 | €37,675 | €2,151 | -€77,021 | €67,484 | ▲ 188% |
| Financial income75/76B | - | €4,486 | €1,562 | €585 | €11 | ▼ 98.2% |
| Recurring financial income75 | €4,343 | €4,486 | €1,562 | €355 | €11 | ▼ 97.0% |
| Non-recurring financial income76B | - | - | - | €230 | - | - |
| Financial charges65/66B | - | €12,090 | €1,695 | €586 | €984 | ▲ 67.9% |
| Recurring financial charges65 | €15,386 | €12,090 | €1,695 | €586 | €984 | ▲ 67.9% |
| Profit (loss) for the period before taxes9903 | -€90,506 | €30,071 | €2,017 | -€77,022 | €66,510 | ▲ 186% |
| Income taxes67/77 | €644 | €587 | €661 | €839 | €664 | ▼ 20.8% |
| Profit (loss) for the period9904 | -€91,150 | €29,484 | €1,356 | -€77,861 | €65,846 | ▲ 185% |
| Profit (loss) for the period to be appropriated9905 | -€91,150 | €29,484 | €1,356 | -€77,861 | €65,846 | ▲ 185% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €488,200 | €641,777 | €709,507 | €599,355 | €586,488 | ▼ 2.1% |
| Fixed assets21/28 | €104,019 | €104,267 | €111,217 | €134,792 | €130,319 | ▼ 3.3% |
| Intangible fixed assets21 | €2,328 | €1,530 | €5,915 | €3,130 | €2,617 | ▼ 16.4% |
| Tangible fixed assets22/27 | €6,500 | €7,547 | €10,111 | €36,471 | €32,511 | ▼ 10.9% |
| Plant, machinery and equipment23 | - | - | €3,046 | €7,812 | €5,321 | ▼ 31.9% |
| Furniture and vehicles24 | - | €4,003 | €4,552 | €27,177 | €26,482 | ▼ 2.6% |
| Other tangible fixed assets26 | - | €3,544 | €2,513 | €1,482 | €709 | ▼ 52.2% |
| Financial fixed assets28 | €95,191 | €95,191 | €95,191 | €95,191 | €95,191 | = |
| Current assets29/58 | €384,181 | €537,510 | €598,290 | €464,563 | €456,168 | ▼ 1.8% |
| Stocks and contracts in progress3 | €35,000 | €44,260 | €45,189 | €64,620 | €39,634 | ▼ 38.7% |
| Stocks30/36 | - | €44,260 | €45,189 | €64,620 | €39,634 | ▼ 38.7% |
| Amounts receivable within one year40/41 | €324,800 | €476,465 | €433,164 | €306,195 | €400,327 | ▲ 30.7% |
| Trade receivables40 | - | €215,660 | €208,109 | €105,918 | €225,431 | ▲ 113% |
| Other amounts receivable41 | - | €260,805 | €225,054 | €200,277 | €174,896 | ▼ 12.7% |
| Cash at bank and in hand54/58 | €18,993 | €7,473 | €111,458 | €83,129 | €8,660 | ▼ 89.6% |
| Deferred charges and accrued income490/1 | - | €9,313 | €8,479 | €10,619 | €7,547 | ▼ 28.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €488,200 | €641,777 | €709,507 | €599,355 | €586,488 | ▼ 2.1% |
| Equity10/15 | -€149,399 | -€119,915 | -€118,558 | -€196,419 | -€130,573 | ▲ 33.5% |
| Contributions10/11 | - | €143,200 | €143,200 | €143,200 | €143,200 | = |
| Reserves13 | €56,502 | €56,502 | €56,502 | €56,502 | €56,502 | = |
| Non-distributable reserves130/1 | - | €1,966 | €1,966 | €1,966 | €1,966 | = |
| Reserves not available under the articles1311 | - | - | €1,966 | €1,966 | €1,966 | = |
| Other1319 | - | €1,966 | - | - | - | - |
| Distributable reserves133 | - | €54,537 | €54,537 | €54,537 | €54,537 | = |
| Profit (loss) carried forward14 | -€349,102 | -€319,617 | -€318,261 | -€396,122 | -€330,275 | ▲ 16.6% |
| Amounts payable17/49 | €637,599 | €761,692 | €828,065 | €795,775 | €717,061 | ▼ 9.9% |
| Amounts payable within one year42/48 | €637,599 | €757,964 | €823,512 | €794,260 | €717,061 | ▼ 9.7% |
| Trade debts44 | €132,163 | €239,897 | €151,987 | €208,664 | €213,726 | ▲ 2.4% |
| Suppliers440/4 | - | €239,897 | €151,987 | €208,664 | €213,726 | ▲ 2.4% |
| Taxes, remuneration and social security45 | - | €86,492 | €5,652 | €30,378 | €34,071 | ▲ 12.2% |
| Taxes450/3 | - | €587 | €514 | €839 | €776 | ▼ 7.5% |
| Remuneration and social security454/9 | - | €85,905 | €5,138 | €29,539 | €33,295 | ▲ 12.7% |
| Other amounts payable47/48 | - | €431,576 | €665,873 | €555,218 | €469,264 | ▼ 15.5% |
| Accrued charges and deferred income492/3 | - | €3,728 | €4,553 | €1,514 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€91,150 | €29,484 | €1,356 | -€77,861 | €65,846 | ▲ 185% |
| + Depreciation and write-downs630 | €3,366 | €4,899 | €5,192 | €13,041 | €6,548 | ▼ 49.8% |
| Operating cash flow (approximation) | -€87,784 | €34,384 | €6,548 | -€64,820 | €72,394 | ▲ 212% |
| Investment in fixed assets (approximation) | - | -€5,148 | -€12,141 | -€36,616 | -€2,075 | ▲ 94.3% |
| Change in cash | - | -€11,521 | €103,986 | -€28,329 | -€74,469 | ▼ 163% |
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
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Back to profitnet €65,846
Net result €65,846 after one loss-making year.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Back to profitnet €29,484
Net result €29,484 after 2 loss-making years.
2021
10-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 10 days late
31-03
Financial
Weakest financial yearnet -€91,150
Net result drops to -€91,150, the lowest in the series; recovery starts the following year.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
10-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Bornem · 1 establishment unit since 1976
Ground area
3,806 m²
Parcel 12015D0524/00B000, Flanders. Linked by address, not a title deed.
1 establishment unit
MEYVIS
since 19762.011.910.157
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12015D0524/00B000 | Flanders | 3,806 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 owner · 1 holdingChain of control
- IMMO DE BUERSTEDE
- Meyvis
Highest known parent: IMMO DE BUERSTEDE. The sources do not say who stands above it.
Owners 1
-
99%
Holdings 1
-
99%
According to the annual accounts to 31-03-2025 of Meyvis and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Subsidies and aid
Flemish government
2022 to 2023 · 3 entries · 4,219 EUR awarded · 4,219 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
| 2022 | 2 | 2,219 EUR | 2,219 EUR |
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Company details
Identification
Legal formPrivate limited company (pre-2019)
Founded16-12-1975
Fiscal year end31-03
Activities, NACEBEL 2025
43333Wallpapering and laying of floor and wall coverings in other materials
47530Retail trade
Contact
Website
www.meyvis.beBornem
E-mail
info@meyvis.beBornem
Phone
03 887 71 53Bornem
Fax
03 877 02 65Bornem
E-invoicing
Reachable via Peppol
Peppol ID
0208:0415879085
Also
9925:BE0415879085
Registered
22-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.