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NULLUS MELIOR

Active Risk: not assessed
Private limited companyfounded 200619 yrs activeKrekelstraat 119, 9800 Deinze, BelgiumKBO/BCE: BE 0885.999.780
Summary

NULLUS MELIOR is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €341k and a net result of €70k. Equity is growing by ~21.4% per year across the filed fiscal years. Its solvency ranks better than 94% of 8048 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
5 d early
2023
42 d early
2022
2 d early
2021
16 d early
2020
22 d early
2019
30 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today30-09-2026 close30-04-2027 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

History

NULLUS MELIOR was incorporated on 28 December 2006.1 Total assets rose from EUR 92,178 in 2018 to EUR 357,260 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Financials · fiscal year 2025, micro schema

Equity
€341k▲ 25.2%
2024 · €272k
Net result
€70k▲ 49.5%
2024 · €47k
Total assets
€357k▲ 21.6%
2024 · €294k
Solvency
95.4%▲ 2.8pp
2024 · 92.6%
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€28k▼ 48.6%€27k▼ 2.8%€32k▲ 16.3%€61k▲ 91.6%€73k▲ 19.9%
Net result€25k▼ 60.6%€27k▲ 6.6%€28k▲ 3.0%€47k▲ 68.6%€70k▲ 49.5%
Equity€174k▲ 16.3%€200k▲ 15.0%€226k▲ 13.4%€272k▲ 20.2%€341k▲ 25.2%
Total assets€191k▲ 15.0%€213k▲ 11.5%€239k▲ 12.0%€294k▲ 23.0%€357k▲ 21.6%
Debt€18k▲ 3.3%€14k▼ 22.8%€13k▼ 8.9%€22k▲ 74.0%€17k▼ 24.0%
Working capital€171k▲ 17.9%€196k▲ 14.4%€217k▲ 10.5%€264k▲ 21.6%€336k▲ 27.5%
Solvency90.7%▲ 1.0pp93.6%▲ 2.9pp94.8%▲ 1.2pp92.6%▼ 2.2pp95.4%▲ 2.8pp
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2021: €28k€28kNet result 2021: €25k€25kOperating result 2022: €27k€27kNet result 2022: €27k€27kOperating result 2023: €32k€32kNet result 2023: €28k€28kOperating result 2024: €61k€61kNet result 2024: €47k€47kOperating result 2025: €73k€73kNet result 2025: €70k€70k20212022202320242025€0€20k€40k€60k€80kOperating result 2023: €32k€32kNet result 2023: €28k€28kOperating result 2024: €61k€61kNet result 2024: €47k€47kOperating result 2025: €73k€73kNet result 2025: €70k€70k202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 20% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €357k
Fixed assets €5k ▼ 44.3%
Current assets €352k ▲ 23.8%
Equity and liabilities €357k
Equity €341k ▲ 25.2%
Debt €17k ▼ 24.0%
Debt's share of the balance-sheet total falls from 7.4% to 4.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
ROE
20.4%▲
2024 · 17.1%
ROA
19.5%▲
2024 · 15.8%
Debt ≤ 1 year
€16k▼
2024 · €21k
Income taxes
€16k▲
2024 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€294k€357k▲
Fixed assets21/28€9k€5k▼
Tangible fixed assets22/27€9k€5k▼
Land and buildings22€1k€853▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€7k€3k▼
Current assets29/58€284k€352k▲
Amounts receivable within one year40/41€6k€44k▲
Trade receivables40€6k€41k▲
Other amounts receivable41€164€3k▲
Current investments50/53-€139k
Cash at bank and in hand54/58€277k€167k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€294k€357k▲
Equity10/15€272k€341k▲
Contributions10/11€12k€12k=
Reserves13€260k€328k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€238k€307k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€22k€17k▼
Amounts payable within one year42/48€21k€16k▼
Trade debts44€7k€1k▼
Suppliers440/4€7k€1k▼
Taxes, remuneration and social security45€11k€9k▼
Taxes450/3€8k€9k▲
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€3k€5k▲
Accrued charges and deferred income492/3€854€511▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€1k€897▼
Gross operating margin9900€68k€80k▲
Operating profit (loss)9901€61k€73k▲
Financial income75/76B€0€15k▲
Recurring financial income75€0€15k▲
Financial charges65/66B€376€2k▲
Recurring financial charges65€376€2k▲
Profit (loss) for the period before taxes9903€61k€86k▲
Income taxes67/77€14k€16k▲
Profit (loss) for the period9904€47k€70k▲
Profit (loss) for the period to be appropriated9905€47k€70k▲
Appropriation of the result
Profit (loss) to be appropriated9906€47k€70k▲
Transfer to equity691/2€46k€69k▲
To other reserves6921€46k€69k▲
Profit to be distributed694/7€800€859▲
Return on contributions (dividend)694€800€859▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k€3k€6k€6k▼ 2.3%
Other operating charges640/8€688€1k€602€1k€897▼ 24.2%
Gross operating margin9900€32k€31k€35k€68k€80k▲ 17.3%
Operating profit (loss)9901€28k€27k€32k€61k€73k▲ 19.9%
Financial income75/76B--€6€0€15k-
Recurring financial income75--€6€0€15k-
Financial charges65/66B€414€415€385€376€2k▲ 396%
Recurring financial charges65€414€415€385€376€2k▲ 396%
Profit (loss) for the period before taxes9903€28k€27k€31k€61k€86k▲ 41.8%
Income taxes67/77€3k€122€4k€14k€16k▲ 16.2%
Profit (loss) for the period9904€25k€27k€28k€47k€70k▲ 49.5%
Profit (loss) for the period to be appropriated9905€25k€27k€28k€47k€70k▲ 49.5%
Line20212022202320242025Change
Assets
Total assets20/58€191k€213k€239k€294k€357k▲ 21.6%
Fixed assets21/28€4k€5k€10k€9k€5k▼ 44.3%
Tangible fixed assets22/27€4k€5k€10k€9k€5k▼ 44.3%
Land and buildings22€2k€1k€1k€1k€853▼ 15.2%
Plant, machinery and equipment23---€2k€1k▼ 20.1%
Furniture and vehicles24€2k€4k€9k€7k€3k▼ 55.0%
Current assets29/58€187k€208k€229k€284k€352k▲ 23.8%
Stocks and contracts in progress3€241€0----
Stocks30/36€241€0----
Amounts receivable within one year40/41€31k€27k€6k€6k€44k▲ 650%
Trade receivables40€31k€27k€6k€6k€41k▲ 626%
Other amounts receivable41--€179€164€3k▲ 1,494%
Current investments50/53----€139k-
Cash at bank and in hand54/58€147k€178k€221k€277k€167k▼ 39.4%
Deferred charges and accrued income490/1€9k€3k€2k€2k€2k▲ 19.0%
Equity and liabilities
Total equity and liabilities10/49€191k€213k€239k€294k€357k▲ 21.6%
Equity10/15€174k€200k€226k€272k€341k▲ 25.2%
Contributions10/11€12k€12k€12k€12k€12k=
Reserves13€161k€187k€214k€260k€328k▲ 26.5%
Non-distributable reserves130/1€2k€2k€2k€2k€2k=
Reserves not available under the articles1311€2k€2k€2k€2k€2k=
Tax-exempt reserves132€19k€19k€19k€19k€19k=
Distributable reserves133€140k€166k€193k€238k€307k▲ 28.8%
Profit (loss) carried forward14-€0€0€0€0-
Amounts payable17/49€18k€14k€13k€22k€17k▼ 24.0%
Amounts payable within one year42/48€16k€12k€12k€21k€16k▼ 23.4%
Trade debts44€5k€718€2k€7k€1k▼ 79.1%
Suppliers440/4€5k€718€2k€7k€1k▼ 79.1%
Taxes, remuneration and social security45€9k€8k€7k€11k€9k▼ 15.7%
Taxes450/3€6k€8k€7k€8k€9k▲ 15.9%
Remuneration and social security454/9€3k€0-€3k€0▼ 100%
Other amounts payable47/48€2k€3k€3k€3k€5k▲ 63.7%
Accrued charges and deferred income492/3€2k€2k€454€854€511▼ 40.2%
Line20212022202320242025Change
Profit (loss) for the period9904€25k€27k€28k€47k€70k▲ 49.5%
+ Depreciation and write-downs630€3k€2k€3k€6k€6k▼ 2.3%
Operating cash flow (approximation)€29k€29k€30k€52k€75k▲ 43.8%
Investment in fixed assets (approximation)-€-3k€-8k€-5k€-2k▲ 70.4%
Change in cash-€32k€42k€56k€-109k▼ 295%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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More with these figures Sector benchmark What changed Value indication

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
27-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Highest result since 2018net €70k ▲49.5%
Operating result €73k, net result €70k, both a record.
25-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
19-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Equity above €200kEq €226k ▲13.4%
5 profitable years in a row build equity to €226k.
28-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
14-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial Equity above €150kEq €174k ▲16.3%
3 profitable years in a row build equity to €174k.
08-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Equity above €100kEq €149k ▲74.6%
2 profitable years in a row build equity to €149k.
31-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Back to profitnet €5k
Net result €5k after one loss-making year.
Show earlier events
17-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
09-05
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 9 days late
2017
12-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Deinze · 1 establishment unit since 2007
seat establishment The establishment unit on the map
Ground area
638 m²
Building footprint
128 m²
Volume, LiDAR
701 m³
Parcel 44004B0268/00W000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
NULLUS MELIOR
Krekelstraat 119, 9800 DeinzeNACE 7415101
since 20072.158.487.847
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44004B0268/00W000 Flanders 638 m² 1 · 128 m² 8.1 m · 2 fl.
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.

Recognitions · licences · registrations

Legal Entity Identifier

984500A6CEB067C4A846
live in the LEI register

Similar companies · same sector, comparable size

Of 24,730 companies in sector 64210 we hold annual accounts for 19,766. 13,770 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded28-12-2006
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies

Scores and ratios are computed by Checked and are not a credit decision.