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VAN MEERBEECK

Active
Private limited companyfounded 198738 yrs activeMechelsesteenweg 175, 1933 Zaventem, BelgiumKBO/BCE: BE 0432.674.042
Summary

VAN MEERBEECK has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €110k and a net result of €17k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 89% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability85▼-15
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 6.56 against 64.19 in 2024; short-term debt: 14.8% and cash: 1.8% of total assets), and 14.8% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 38 years 0 40 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
85.2%
Return on assets
13%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €110k
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
13 d late
2024
13 d early
2023
48 d early
2022
42 d early
2021
47 d early
2020
9 d late
2019
19 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 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

Financials · fiscal year 2025, micro schema

Equity
€110k▲ 18.1%
2024 · €93k
2018: €244khighest in 8 years 2019: €222k▼ -9.0% vs 2018 2020: €49k▼ -78.0% vs 2019lowest in 8 years 2021: €58k▲ +19.1% vs 2020 2022: €50k▼ -14.7% vs 2021 2023: €66k▲ +33.9% vs 2022 2024: €93k▲ +40.2% vs 2023 2025: €110k▲ +18.1% vs 2024
2018 → 2025
Total assets
€129k▲ 36.5%
2024 · €94k
2018: €293khighest in 8 years 2019: €270k▼ -8.0% vs 2018 2020: €51k▼ -81.2% vs 2019lowest in 8 years 2021: €66k▲ +30.7% vs 2020 2022: €58k▼ -12.0% vs 2021 2023: €74k▲ +27.6% vs 2022 2024: €94k▲ +27.2% vs 2023 2025: €129k▲ +36.5% vs 2024
2018 → 2025
Net result
€17k▼ 36.9%
2024 · €27k
2018: €14k 2019: €-22k▼ -262% vs 2018 2020: €-173k▼ -688% vs 2019lowest in 8 years 2021: €9k▲ +105% vs 2020 2022: €-9k▼ -192% vs 2021 2023: €17k▲ +296% vs 2022 2024: €27k▲ +58.8% vs 2023highest in 8 years 2025: €17k▼ -36.9% vs 2024
2018 → 2025
Working capital
€106k▲ 17.0%
2024 · €91k
2018: €219khighest in 8 years 2019: €218k▼ -0.4% vs 2018 2020: €47k▼ -78.3% vs 2019lowest in 8 years 2021: €57k▲ +19.7% vs 2020 2022: €49k▼ -13.5% vs 2021 2023: €64k▲ +30.6% vs 2022 2024: €91k▲ +42.0% vs 2023 2025: €106k▲ +17.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€58k-€50k▼ 14.7%€66k▲ 33.9%€93k▲ 40.2%€110k▲ 18.1% 2021: €58k 2022: €50k▼ -14.7% vs 2021lowest in 5 years 2023: €66k▲ +33.9% vs 2022 2024: €93k▲ +40.2% vs 2023 2025: €110k▲ +18.1% vs 2024highest in 5 years
Operating result€9k-€-9k€17k€27k▲ 58.6%€17k▼ 36.9% 2021: €9k 2022: €-9k▼ -190% vs 2021lowest in 5 years 2023: €17k▲ +298% vs 2022 2024: €27k▲ +58.6% vs 2023highest in 5 years 2025: €17k▼ -36.9% vs 2024
Net result€9k-€-9k€17k€27k▲ 58.8%€17k▼ 36.9% 2021: €9k 2022: €-9k▼ -192% vs 2021lowest in 5 years 2023: €17k▲ +296% vs 2022 2024: €27k▲ +58.8% vs 2023highest in 5 years 2025: €17k▼ -36.9% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20k€30kOperating result 2021: €9k€9kNet result 2021: €9k€9kOperating result 2022: €-9k€-9kNet result 2022: €-9k€-9kOperating result 2023: €17k€17kNet result 2023: €17k€17kOperating result 2024: €27k€27kNet result 2024: €27k€27kOperating result 2025: €17k€17kNet result 2025: €17k€17k20212022202320242025€0€10k€20k€30kOperating result 2023: €17k€17kNet result 2023: €17k€17kOperating result 2024: €27k€27kNet result 2024: €27k€27kOperating result 2025: €17k€17kNet result 2025: €17k€17k202320242025
The operating result falls in 2025; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €129k
Fixed assets €4k ▲ 63.9%
Current assets €125k ▲ 35.8%
Equity and liabilities €129k
Equity €110k ▲ 18.1%
Debt €19k ▲ 1,228%
Debt's share of the balance-sheet total rises from 1.5% to 14.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€17k▼
2024 · €27k
Cash flow
€17k▼
2024 · €27k
Current ratio
6.56▼
2024 · 64.19
Debt to equity
0.17▲
2024 · 0.02
ROE
15.3%▼
2024 · 28.7%
ROA
13.0%▼
2024 · 28.2%
Interest coverage
410.03▼
2024 · 677.82
Debt ≤ 1 year
€19k▲
2024 · €1k
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 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€94k€129k▲
Fixed assets21/28€2k€4k▲
Tangible fixed assets22/27€2k€3k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24-€2k
Financial fixed assets28€597€597=
Current assets29/58€92k€125k▲
Amounts receivable within one year40/41€89k€123k▲
Trade receivables40€60k€94k▲
Other amounts receivable41€29k€29k▼
Cash at bank and in hand54/58€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€94k€129k▲
Equity10/15€93k€110k▲
Contributions10/11€149k€149k=
Reserves13€519k€519k=
Non-distributable reserves130/1€15k€15k=
Reserves not available under the articles1311€15k€15k=
Distributable reserves133€504k€504k=
Profit (loss) carried forward14€-574k€-558k▲
Amounts payable17/49€1k€19k▲
Amounts payable within one year42/48€1k€19k▲
Trade debts44€909€13k▲
Suppliers440/4€909€13k▲
Other amounts payable47/48€528€6k▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€200€411▲
Other operating charges640/8€382€445▲
Gross operating margin9900€27k€18k▼
Operating profit (loss)9901€27k€17k▼
Financial charges65/66B€40€42▲
Recurring financial charges65€40€42▲
Profit (loss) for the period before taxes9903€27k€17k▼
Profit (loss) for the period9904€27k€17k▼
Profit (loss) for the period to be appropriated9905€27k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-574k€-558k▲
Profit (loss) brought forward from the previous period14P€-601k€-574k▲

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

Accounts by statement
Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€173€200€411▲ 105%
Other operating charges640/8€82€170€185€382€445▲ 16.5%
Gross operating margin9900€9k€-8k€17k€27k€18k▼ 35.1%
Operating profit (loss)9901€9k€-9k€17k€27k€17k▼ 36.9%
Financial charges65/66B€72€49€45€40€42▲ 6.1%
Recurring financial charges65€72€49€45€40€42▲ 6.1%
Profit (loss) for the period before taxes9903€9k€-9k€17k€27k€17k▼ 36.9%
Profit (loss) for the period9904€9k€-9k€17k€27k€17k▼ 36.9%
Profit (loss) for the period to be appropriated9905€9k€-9k€17k€27k€17k▼ 36.9%
Line20212022202320242025Change
Assets
Total assets20/58€66k€58k€74k€94k€129k▲ 36.5%
Fixed assets21/28€1k€597€2k€2k€4k▲ 63.9%
Tangible fixed assets22/27--€2k€2k€3k▲ 87.4%
Plant, machinery and equipment23--€2k€2k€1k▼ 12.3%
Furniture and vehicles24----€2k-
Financial fixed assets28€1k€597€597€597€597=
Current assets29/58€65k€58k€72k€92k€125k▲ 35.8%
Amounts receivable within one year40/41€57k€54k€69k€89k€123k▲ 38.6%
Trade receivables40€28k€25k€39k€60k€94k▲ 57.9%
Other amounts receivable41€29k€29k€29k€29k€29k▼ 0.7%
Cash at bank and in hand54/58€8k€4k€3k€3k€2k▼ 35.0%
Equity and liabilities
Total equity and liabilities10/49€66k€58k€74k€94k€129k▲ 36.5%
Equity10/15€58k€50k€66k€93k€110k▲ 18.1%
Contributions10/11€149k€149k€149k€149k€149k=
Reserves13€519k€519k€519k€519k€519k=
Non-distributable reserves130/1€15k€15k€15k€15k€15k=
Reserves not available under the articles1311€15k€15k€15k€15k€15k=
Distributable reserves133€504k€504k€504k€504k€504k=
Profit (loss) carried forward14€-609k€-618k€-601k€-574k€-558k▲ 2.9%
Amounts payable17/49€8k€9k€8k€1k€19k▲ 1,228%
Amounts payable within one year42/48€8k€9k€8k€1k€19k▲ 1,228%
Trade debts44€545€545€929€909€13k▲ 1,331%
Suppliers440/4€545€545€929€909€13k▲ 1,331%
Taxes, remuneration and social security45€3k€4k€3k---
Taxes450/3€747€1k€747---
Remuneration and social security454/9€2k€2k€2k---
Other amounts payable47/48€4k€4k€4k€528€6k▲ 1,052%
Line20212022202320242025Change
Profit (loss) for the period9904€9k€-9k€17k€27k€17k▼ 36.9%
+ Depreciation and write-downs630--€173€200€411▲ 105%
Operating cash flow (approximation)€9k€-9k€17k€27k€17k▼ 35.9%
Investment in fixed assets (approximation)-€880€-2k€0€-2k-
Change in cash-€-4k€-618€162€-1k▼ 853%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
31-12
Financial Equity above €100kEq €110k ▲18.1%
3 profitable years in a row build equity to €110k.
18-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €27k ▲58.8%
Operating result €27k, net result €27k, both a record.
31-12
Financial Liquidity times 7current ratio 64.19
Current ratio from 9.07 to 64.19; short-term debt falls from €8k to €1k.
13-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €17k
Net result €17k after one loss-making year.
19-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
14-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €9k
Net result €9k after 2 loss-making years.
09-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-12
Financial Weakest financial yearnet €-173k
Net result drops to €-173k, the lowest in the series; recovery starts the following year.
Show earlier events
31-12
Financial Liquidity times 5current ratio 26.47
Current ratio from 5.55 to 26.47; short-term debt falls from €48k to €2k.
12-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
17-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
16-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 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
6 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, Zaventem · 1 establishment unit since 2004
seat establishment The establishment unit on the map
Ground area
1,746 m²
Building footprint
256 m²
Volume, LiDAR
51 m³
Parcel 23082B0426/00N000, Flanders · tallest building 3.1 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Van Meerbeeck
Mechelsesteenweg 175, 1933 ZaventemNACE 45250
since 20042.143.955.861
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23082B0426/00N000 Flanders 1,746 m² 1 · 256 m² 3.0 m
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.

Similar companies · same sector, comparable size

Of 7,863 companies in sector 43341 we hold annual accounts for 2,663. 2,244 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
Founded07-12-1987
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings

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