MICHAEL MEEREMANS
ActiveThe computed 12-month bankruptcy probability of MICHAEL MEEREMANS is 2.2% (moderate). The 2025 annual accounts show equity of €106k and a net result of €35k. Its solvency ranks better than 79% of 27711 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+2
Growth52
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.82 against 3.61 in 2024; short-term debt: 24.6% and cash: 83.9% of total assets), and 25.5% 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.
−lowers risk+raises risk○neutral
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 · 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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.5%
Return on assets
24.8%
Age of the figures
9 mo
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 22-07-2026, 9 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
9 d early
2024
on the day
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€106k▲ 46.3%
2024 · €72k
2024: €72k
2024 → 2025
Total assets
€142k▲ 44.3%
2024 · €98k
2024: €98k
2024 → 2025
Net result
€35k▼ 49.0%
2024 · €69k
2024: €69k
2024 → 2025
Working capital
€98k▲ 50.2%
2024 · €65k
2024: €65k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€72k-€106k▲ 46.3%
Operating result€86k-€44k▼ 48.4%
Net result€69k-€35k▼ 49.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 48% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €142k
Fixed assets
€9k▲ 11.1%
Current assets
€133k▲ 47.1%
Equity and liabilities €142k
Equity
€106k▲ 46.3%
Debt
€36k▲ 38.6%
The debt ratio falls from 26.5% to 25.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€47k▼
2024 · €90k
Cash flow
€37k▼
2024 · €73k
Solvency
74.5%▲
2024 · 73.5%
Current ratio
3.82▲
2024 · 3.61
Quick ratio
3.70▲
2024 · 3.48
Debt / equity
0.34▼
2024 · 0.36
ROE
33.2%▼
2024 · 95.4%
ROA
24.8%▼
2024 · 70.1%
Interest coverage
247.05▼
2024 · 358.97
Debt
€36k▲
2024 · €26k
Debt ≤ 1 year
€35k▲
2024 · €25k
Income taxes
€10k▼
2024 · €18k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€98k€142k▲
Fixed assets21/28€8k€9k▲
Tangible fixed assets22/27€8k€9k▲
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€1k€4k▲
Other tangible fixed assets26€2k€2k▼
Current assets29/58€90k€133k▲
Stocks and contracts in progress3€3k€4k▲
Stocks30/36€3k€4k▲
Amounts receivable within one year40/41€7k€6k▼
Trade receivables40€5k€6k▲
Other amounts receivable41€2k€283▼
Cash at bank and in hand54/58€77k€119k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€98k€142k▲
Equity10/15€72k€106k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€67k€101k▲
Amounts payable17/49€26k€36k▲
Amounts payable within one year42/48€25k€35k▲
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45€18k€29k▲
Taxes450/3€18k€29k▲
Other amounts payable47/48€2k€2k=
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€92k€48k▼
Operating profit (loss)9901€86k€44k▼
Financial income75/76B€1k€723▼
Recurring financial income75€1k€723▼
Financial charges65/66B€252€188▼
Recurring financial charges65€252€188▼
Profit (loss) for the period before taxes9903€87k€45k▼
Income taxes67/77€18k€10k▼
Profit (loss) for the period9904€69k€35k▼
Profit (loss) for the period to be appropriated9905€69k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€69k€102k▲
Profit (loss) brought forward from the previous period14P-€67k
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €106k ▲46.3%
2 profitable years in a row build equity to €106k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Pepingen · 1 establishment unit since 2023
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.
Dorekensstraat(BE) 241674 PepingenGround area
953 m²
Building footprint
209 m²
Volume, LiDAR
893 m³
Parcel 23007B0141/00S000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MICHAEL MEEREMANS
since 20232.345.981.721
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23007B0141/00S000 | Flanders | 953 m² | 1 · 209 m² | 6.6 m · 1 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.
Similar companies · same sector, comparable size
MMS DEBOUCHAGE
BE 0502.435.848
Ukkel · Eq €106k
DAMOTECHNIC
BE 0684.766.352
Ichtegem · Eq €106k
Hmitech
BE 0849.537.480
Schaarbeek · Eq €105k
SaniCV Technics
BE 0691.976.125
Duffel · Eq €106k
Werner Meir
BE 0881.544.413
Lille · Eq €105k
Of 7,042 companies in sector 43221 we hold annual accounts for 3,469. 3,058 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-06-2023
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 2 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.