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MYREAS

Active
Private limited companyfounded 20197 yrs activeTramstraat 63, 9052 Gent, BelgiumKBO/BCE: BE 0733.909.522

MYREAS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.16M and a net result of €896k. Equity is growing by ~57% per year across the filed fiscal years. Its solvency ranks better than 64% of 8601 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
89 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▼-3
Solvency92▲+7
Growth85=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €280k at 30 days acceptable
Liquidity ample (current ratio 3.04 against 2.54 in 2024; short-term debt: 32.9% and cash: 66.7% of total assets), and 32.9% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
67.1%
Return on assets
19%
Age of the figures
18 mo
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 28-09-2025, 33 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
33 d early
2024
29 d early
2023
36 d early
2022
40 d early
2021
38 d early
2020
33 d early
← before the deadline after the deadline →
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.
Companies Code · seven months
Position in the running window
31-03-2026 close17-09-2026 today31-10-2026 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

Financials · fiscal year 2025, abbreviated schema

Turnover
€11.14M▲ 19.5%
2022 · €9.32M
2020: €1.60M 2021: €6.80M 2022: €9.32M
2020 → 2023
EBIT margin
6.8%▼ 2.7pp
2022 · 9.5%
2020: 0.8% 2021: -0.1% 2022: 9.5%
2020 → 2023
Net result
€896k▲ 6.6%
2024 · €841k
2020: €9k 2021: €-8k 2022: €656k 2023: €552k 2024: €841k
2020 → 2025
Working capital
€3.16M▲ 39.4%
2024 · €2.27M
2020: €228k 2021: €470k 2022: €875k 2023: €1.43M 2024: €2.27M
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€6.80M-€9.32M▲ 37.2%€11.14M▲ 19.5%
Equity€219k-€875k▲ 299%€1.43M▲ 63.1%€2.27M▲ 58.9%€3.16M▲ 39.5%
Operating result€-6k-€882k€758k▼ 14.1%€1.07M▲ 40.9%€1.11M▲ 3.8%
Net result€-8k-€656k€552k▼ 15.8%€841k▲ 52.2%€896k▲ 6.6%
Result per fiscal year
Operating resultNet result
€-500k€0€500k€1.00MOperating result 2021: €-6k€-6kNet result 2021: €-8k€-8kOperating result 2022: €882k€882kNet result 2022: €656k€656kOperating result 2023: €758k€758kNet result 2023: €552k€552kOperating result 2024: €1.07M€1.07MNet result 2024: €841k€841kOperating result 2025: €1.11M€1.11MNet result 2025: €896k€896k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 4% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €4.71M
Equity €3.16M▲ 39.5%
Debt €1.55M▲ 1.9%
The debt ratio falls from 40.1% to 32.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.11M
2024 · €1.08M
Cash flow
€899k
2024 · €849k
Solvency
67.1%
2024 · 59.9%
Current ratio
3.04
2024 · 2.54
Quick ratio
3.04
2024 · 2.54
Debt / equity
0.49
2024 · 0.67
ROE
28.3%
2024 · 37.1%
ROA
19.0%
2024 · 22.2%
Interest coverage
978.42
2024 · 514.09
Debt
€1.55M
2024 · €1.52M
Debt ≤ 1 year
€1.55M
2024 · €1.48M
Income taxes
€292k
2024 · €290k
Staff costs
€676k
2024 · €692k
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€3.79M€4.71M
Fixed assets21/28€43k-
Tangible fixed assets22/27€43k-
Leasing and similar rights25€43k-
Current assets29/58€3.75M€4.71M
Amounts receivable within one year40/41€1.48M€1.57M
Trade receivables40€1.48M€1.56M
Other amounts receivable41€5k€10k
Cash at bank and in hand54/58€2.26M€3.14M
Equity and liabilities
Total equity and liabilities10/49€3.79M€4.71M
Equity10/15€2.27M€3.16M
Contributions10/11€218k€218k=
Profit (loss) carried forward14€2.05M€2.95M
Amounts payable17/49€1.52M€1.55M
Amounts payable after more than one year17€45k-
Financial debts170/4€45k-
Amounts payable within one year42/48€1.48M€1.55M
Current portion of amounts payable after more than one year42€107-
Trade debts44€1.41M€1.51M
Suppliers440/4€1.41M€1.51M
Taxes, remuneration and social security45€68k€42k
Taxes450/3€24k€22k
Remuneration and social security454/9€44k€20k
Income statement Code20242025
Remuneration, social security and pensions62€692k€676k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€3k
Other operating charges640/8€1k€39k
Non-recurring operating charges66A€0€0
Gross operating margin9900€1.77M€1.83M
Operating profit (loss)9901€1.07M€1.11M
Financial income75/76B€65k€81k
Recurring financial income75€65k€81k
Financial charges65/66B€2k€1k
Recurring financial charges65€2k€1k
Profit (loss) for the period before taxes9903€1.13M€1.19M
Income taxes67/77€290k€292k
Profit (loss) for the period9904€841k€896k
Profit (loss) for the period to be appropriated9905€841k€896k
Appropriation of the result
Profit (loss) to be appropriated9906€2.05M€2.95M
Profit (loss) brought forward from the previous period14P€1.21M€2.05M
Social balance
Average headcount (FTE)90875.64.6

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
28-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial Highest result since 2020net €896k ▲6.6%
Operating result €1.11M, net result €896k, both a record.
2024
02-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial Equity above €2MEq €2.27M ▲58.9%
3 profitable years in a row build equity to €2.27M.
2023
25-09
NBB filing Annual accounts filed
fiscal year 2023 · full schema
31-03
Financial Equity above €1MEq €1.43M ▲63.1%
2 profitable years in a row build equity to €1.43M.
2022
21-09
NBB filing Annual accounts filed
fiscal year 2022 · full schema
31-03
Financial Back to profitnet €656k
Net result €656k after one loss-making year.
31-03
Financial Equity above €500kEq €875k ▲299%
Equity rises from €219k to €875k.
2021
23-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema
31-03
Financial Weakest financial yearnet €-8k ▼190%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
2020
28-09
NBB filing Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
01-12-2023 COLRUYT Jozef: Resigned as Director
01-10-2020 Stefaan Vandamme: Resigned as Director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2019
establishment The establishment unit on the map
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.

Tramstraat 639052 Gent
Ground area
1.1 ha
Building footprint
3,802 m²
Volume, LiDAR
44,339 m³
2 parcels, Flanders · tallest building 20.6 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
MYREAS
Guldensporenpark 100, 9820 Merelbeke-MelleComputer programming, consultancy and related activities
since 20192.294.520.746
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44082B0132/00F000 Flanders 9,545 m² 1 · 3,366 m² 15.3 m · 3 fl.
44043A0411/00A002 Flanders 1,281 m² 1 · 436 m² 20.6 m · 6 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Connections & network

3 connected companies
CYCLES IMP, Shared address CICYCLES IMPKADONATION, Shared address KKADONATIONWV3, Shared address WWV3MYREAS MYREAS0733.909.522
Shared address / shareholder
Network connections
CYCLES IMP
Shared address
KADONATION
Shared address
WV3
Shared address

Group per the LEI register

1 parent company
Parent company:Colruyt Group
BE 0400.378.485Halle, Belgium

Recognitions · licences · registrations

Legal Entity Identifier

6994002WFYQM71MSDM13
live in the LEI register

Similar companies · same sector, comparable size

Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 15,313 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded10-09-2019
Fiscal year end31-03
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.