Van Miegem & Zn
ActiveVan Miegem & Zn has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €134k and a net result of €5k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 88% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+1
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 6.68 against 5.0 in 2024; short-term debt: 14.9% and cash: 40% of total assets), and 15.8% 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 · 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 · 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
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
84.2%
Return on assets
3.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-09-2026, 33 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
33 d late
2024
29 d late
2023
30 d late
2022
48 d early
2021
23 d early
2020
25 d late
2019
43 d early
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€134k▲ 3.9%
2024 · €129k
2018: €150k
2019: €152k
2020: €137k
2021: €162k
2022: €119k
2023: €124k
2024: €129k
2018 → 2025
Total assets
€159k▼ 1.0%
2024 · €161k
2018: €168k
2019: €199k
2020: €188k
2021: €222k
2022: €194k
2023: €220k
2024: €161k
2018 → 2025
Net result
€5k▲ 4.3%
2024 · €5k
2018: €22k
2019: €3k
2020: €-14k
2021: €26k
2022: €-13k
2023: €16k
2024: €5k
2018 → 2025
Working capital
€134k▲ 5.5%
2024 · €127k
2018: €146k
2019: €141k
2020: €130k
2021: €157k
2022: €114k
2023: €125k
2024: €127k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€162k-€119k▼ 26.7%€124k▲ 4.7%€129k▲ 3.8%€134k▲ 3.9%
Operating result€34k-€-9k€22k€8k▼ 63.9%€8k▲ 5.5%
Net result€26k-€-13k€16k€5k▼ 70.9%€5k▲ 4.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €159k
Fixed assets
€1k▼ 31.2%
Current assets
€158k▼ 0.8%
Equity and liabilities €159k
Equity
€134k▲ 3.9%
Debt
€25k▼ 20.8%
The debt ratio falls from 19.8% to 15.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▲
2024 · €8k
Cash flow
€5k▲
2024 · €5k
Solvency
84.2%▲
2024 · 80.2%
Current ratio
6.68▲
2024 · 5.00
Quick ratio
6.24▲
2024 · 4.63
Debt / equity
0.19▼
2024 · 0.25
ROE
3.7%▲
2024 · 3.7%
ROA
3.1%▲
2024 · 3.0%
Interest coverage
12.52▼
2024 · 13.21
Debt
€25k▼
2024 · €32k
Debt ≤ 1 year
€24k▼
2024 · €32k
Income taxes
€3k▲
2024 · €3k
Staff costs
€65k▼
2024 · €66k
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€161k€159k▼
Fixed assets21/28€1k€1k▼
Tangible fixed assets22/27€1k€634▼
Furniture and vehicles24€1k€634▼
Financial fixed assets28€380€380=
Current assets29/58€159k€158k▼
Stocks and contracts in progress3€12k€11k▼
Stocks30/36€12k€11k▼
Amounts receivable within one year40/41€82k€78k▼
Trade receivables40€66k€65k▼
Other amounts receivable41€16k€13k▼
Cash at bank and in hand54/58€62k€64k▲
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€161k€159k▼
Equity10/15€129k€134k▲
Contributions10/11€6k€6k=
Reserves13€123k€128k▲
Distributable reserves133€123k€128k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€32k€25k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€32k€24k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€14k€10k▼
Suppliers440/4€14k€10k▼
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€3k€909▼
Remuneration and social security454/9€3k€5k▲
Other amounts payable47/48€11k€8k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Non-recurring operating income76A€7k€1k▼
Remuneration, social security and pensions62€66k€65k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€284€459▲
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€204€0▼
Gross operating margin9900€77k€76k▼
Operating profit (loss)9901€8k€8k▲
Financial income75/76B€151€271▲
Recurring financial income75€151€271▲
Non-recurring financial income76B€0-
Financial charges65/66B€630€714▲
Recurring financial charges65€630€714▲
Profit (loss) for the period before taxes9903€8k€8k▲
Income taxes67/77€3k€3k▲
Profit (loss) for the period9904€5k€5k▲
Profit (loss) for the period to be appropriated9905€5k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€5k▲
Transfer from equity791/2€0-
Transfer to equity691/2€5k€5k▲
To other reserves6921€5k€5k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (12 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
02-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 33 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 5.00
Current ratio from 2.32 to 5.00; short-term debt falls from €95k to €32k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €26k
Net result €26k after one loss-making year.
31-12
Financial
Equity above €150kEq €162k ▲17.9%
Equity rises from €137k to €162k.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Weakest financial yearnet €-14k ▼569%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-06
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.
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, Merelbeke-Melle · 1 establishment unit since 1992
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.
Kruisstraat 119090 Merelbeke-MelleGround area
325 m²
Building footprint
19 m²
Volume, LiDAR
3 m³
Parcel 44040C0198/00L002, Flanders · tallest building 1.3 m. Linked by address, not a title deed.
1 establishment unit
Van Miegem & Zn
since 19922.058.187.669
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44040C0198/00L002 | Flanders | 325 m² | 1 · 19 m² | 1.3 m |
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
TOITURES TUSSET
BE 0767.840.914
Houyet · Eq €134k
Dakwerken Laevens
BE 0764.391.573
Roeselare · Eq €134k
TOITURES YAKUBS
BE 0760.337.666
Schaarbeek · Eq €134k
V.A. TOITURE
BE 0658.829.938
Chaumont-Gistoux · Eq €134k
MIGUEL GARCIA BRAVO
BE 0536.260.243
Blégny · Eq €134k
Of 8,562 companies in sector 43410 we hold annual accounts for 4,354. 3,785 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-04-1992
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43410Roofing work
45220
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
45332
Sources
Crossroads Bank for EnterprisesNational Bank · 34 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.