Project Meiboom
ActiveSummary
Project Meiboom has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €61k and a net result of €225k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▲+4
Solvency31▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.57 in 2024; short-term debt: 93.6% and cash: 6.9% of total assets), and 94.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
5.8%
Return on assets
21.4%
Age of the figures
12 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 9194 sector peers (2025).
NBB · sector comparisonPosition among 9194 sector peers
Solvency
better than 24%
← weakest
strongest →
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 08-04-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
22 d early
2023
47 d early
2022
10 d early
2021
9 d early
2020
9 d early
2019
38 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 monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€61k▼ 5.1%
2024 · €64k
2018: €-162k
2019: €-323k
2020: €1.08M
2021: €1.46M
2022: €1.74M
2023: €363k
2024: €64k
2018 → 2025
Total assets
€1.05M▼ 48.9%
2024 · €2.05M
2018: €7.65M
2019: €7.65M
2020: €5.20M
2021: €4.04M
2022: €3.14M
2023: €3.09M
2024: €2.05M
2018 → 2025
Net result
€225k▼ 39.3%
2024 · €370k
2018: €-239k
2019: €-161k
2020: €1.40M
2021: €381k
2022: €282k
2023: €-61k
2024: €370k
2018 → 2025
Working capital
€-820k▲ 3.2%
2024 · €-848k
2018: €-113k
2019: €-273k
2020: €1.12M
2021: €1.50M
2022: €1.74M
2023: €363k
2024: €-848k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.46M-€1.74M▲ 19.3%€363k▼ 79.2%€64k▼ 82.3%€61k▼ 5.1%
Operating result€574k-€431k▼ 24.9%€-7k€513k€322k▼ 37.3%
Net result€381k-€282k▼ 26.0%€-61k€370k€225k▼ 39.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.05M
Fixed assets
€888k ▼ 2.7%
Current assets
€163k ▼ 85.7%
Equity and liabilities €1.05M
Equity
€61k ▼ 5.1%
Debt
€990k ▼ 50.3%
Debt's share of the balance-sheet total falls from 96.9% to 94.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€346k▼
2024 · €525k
Cash flow
€249k▼
2024 · €382k
Current ratio
0.17▼
2024 · 0.57
Quick ratio
0.12▲
2024 · 0.01
Debt to equity
16.24▼
2024 · 31.00
ROE
368.8%▼
2024 · 576.5%
ROA
21.4%▲
2024 · 18.0%
Interest coverage
15.56▲
2024 · 9.45
Debt ≤ 1 year
€983k▼
2024 · €1.99M
Income taxes
€75k▼
2024 · €88k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.05M€1.05M▼
Fixed assets21/28€912k€888k▼
Tangible fixed assets22/27€912k€888k▼
Land and buildings22€912k€888k▼
Current assets29/58€1.14M€163k▼
Stocks and contracts in progress3€1.13M€42k▼
Stocks30/36€1.13M€42k▼
Amounts receivable within one year40/41€10k€49k▲
Trade receivables40€8k€48k▲
Other amounts receivable41€1k€1k=
Cash at bank and in hand54/58€5k€72k▲
Equity and liabilities
Total equity and liabilities10/49€2.05M€1.05M▼
Equity10/15€64k€61k▼
Contributions10/11€60k€60k=
Profit (loss) carried forward14€4k€945▼
Amounts payable17/49€1.99M€990k▼
Amounts payable within one year42/48€1.99M€983k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€0€424▲
Suppliers440/4€0€424▲
Taxes, remuneration and social security45€58k€11k▼
Taxes450/3€58k€11k▼
Other amounts payable47/48€1.93M€972k▼
Accrued charges and deferred income492/3-€6k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€24k▲
Other operating charges640/8€115€176▲
Gross operating margin9900€526k€346k▼
Operating profit (loss)9901€513k€322k▼
Financial income75/76B€182€0▼
Recurring financial income75€182€0▼
Financial charges65/66B€56k€22k▼
Recurring financial charges65€56k€22k▼
Profit (loss) for the period before taxes9903€458k€300k▼
Income taxes67/77€88k€75k▼
Profit (loss) for the period9904€370k€225k▼
Profit (loss) for the period to be appropriated9905€370k€225k▼
Appropriation of the result
Profit (loss) to be appropriated9906€373k€229k▼
Profit (loss) brought forward from the previous period14P€3k€4k▲
Transfer from equity791/2€0-
Profit to be distributed694/7€369k€228k▼
Return on contributions (dividend)694€369k€228k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (7 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
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
08-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €370k
Net result €370k after one loss-making year.
14-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
21-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Back to profitnet €1.40M
Net result €1.40M after 2 loss-making years.
30-09
Financial
Equity above €1MEq €1.08M
Equity rises from €-323k to €1.08M.
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-04
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.
Directors · office · real estate
Directors
3 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, Roeselare · 1 establishment unit since 2015
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.
Westlaan 4668800 RoeselareGround area
1,681 m²
Building footprint
545 m²
Volume, LiDAR
5,318 m³
Parcel 36504D0814/00K000, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Project Meiboom
since 20152.242.784.510
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36504D0814/00K000 | Flanders | 1,681 m² | 1 · 545 m² | 13.9 m · 4 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.
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Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,133 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-2015
Fiscal year end30-09
Activities, NACEBEL 2025
68121Development of residential building projects
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.