Adèle Mc Merlin
ActiveSummary
Adèle Mc Merlin has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-8k) and a net result of €-2k. Equity is shrinking by ~99% per year across the filed fiscal years. Its solvency ranks better than 18% of 6162 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
28
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.61 against 0.69 in 2023; short-term debt: 165.2% and cash: 1.8% of total assets), and equity is negative.
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-65.2%
Return on assets
-20.1%
Age of the figures
21 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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-8k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-08-2025, 1 day 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
not confirmed
2024
1 d late
2023
29 d late
2022
31 d early
2021
31 d early
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-8k▼ 44.7%
2023 · €-5k
2018: €4k
2019: €2k
2020: €1k
2021: €-367
2022: €-2k
2023: €-5k
2018 → 2024
Total assets
€12k▲ 0.4%
2023 · €12k
2018: €21k
2019: €13k
2020: €12k
2021: €12k
2022: €12k
2023: €12k
2018 → 2024
Net result
€-2k▲ 31.7%
2023 · €-3k
2018: €-2k
2019: €-2k
2020: €-560
2021: €-1k
2022: €-1k
2023: €-3k
2018 → 2024
Working capital
€-8k▼ 44.7%
2023 · €-5k
2018: €4k
2019: €2k
2020: €1k
2021: €-367
2022: €-2k
2023: €-5k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1k-€-367€-2k▼ 403%€-5k▼ 189%€-8k▼ 44.7%
Operating result€-433-€-1k▼ 208%€-1k▼ 10.4%€-3k▼ 131%€-2k▲ 32.2%
Net result€-560-€-1k▼ 158%€-1k▼ 2.7%€-3k▼ 136%€-2k▲ 31.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2024 against €3k in 2023; the loss shrinks.
Key figures and ratios
Solvency
-65.2%▼
2023 · -45.2%
Current ratio
0.61▼
2023 · 0.69
Quick ratio
0.04▼
2023 · 0.04
Debt to equity
-2.53▲
2023 · -3.21
ROA
-20.1%▲
2023 · -29.6%
Debt
€20k▲
2023 · €17k
Debt ≤ 1 year
€20k▲
2023 · €17k
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 · 2024 against 2023 · 32 lines
Balance sheet
Code20232024
Assets
Total assets20/58€12k€12k▲
Current assets29/58€12k€12k▲
Stocks and contracts in progress3€11k€11k=
Stocks30/36€11k€11k=
Amounts receivable within one year40/41€579€579=
Other amounts receivable41€579€579=
Cash at bank and in hand54/58€171€213▲
Equity and liabilities
Total equity and liabilities10/49€12k€12k▲
Equity10/15€-5k€-8k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€118k€118k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€111k€111k=
Profit (loss) carried forward14€-185k€-187k▼
Amounts payable17/49€17k€20k▲
Amounts payable within one year42/48€17k€20k▲
Trade debts44€2k€0▼
Suppliers440/4€2k€0▼
Other amounts payable47/48€16k€20k▲
Income statement
Code20232024
Other operating charges640/8€746€537▼
Gross operating margin9900€-3k€-2k▲
Operating profit (loss)9901€-3k€-2k▲
Financial charges65/66B€99€87▼
Recurring financial charges65€99€87▼
Profit (loss) for the period before taxes9903€-3k€-2k▲
Profit (loss) for the period9904€-3k€-2k▲
Profit (loss) for the period to be appropriated9905€-3k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-185k€-187k▼
Profit (loss) brought forward from the previous period14P€-181k€-185k▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 1 day late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Wevelgem · 1 establishment unit since 1980
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.
Hugo Verriestlaan 208560 WevelgemGround area
395 m²
Building footprint
105 m²
Volume, LiDAR
618 m³
2 parcels, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Brugsesteenweg 25, 8531 Harelbeke
since 19802.017.556.943
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34017A0250/00W004 | Flanders | 290 m² | - | - |
| 34012C0558/00M005 | Flanders | 105 m² | 1 · 105 m² | 9.1 m · 2 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.
Similar companies · same sector, comparable size
VANHIMO ZEN
BE 0883.597.843
Gembloux · Eq €1,149
i-LYNX
BE 0667.565.579
Antwerpen · Eq €1,149
MOVAN
BE 0878.137.238
Zonhoven · Eq €983
VIVEZ VOS ENVIES
BE 1028.075.086
Liège · Eq €1,241
B-Ride
BE 0737.652.138
Zemst · Eq €1,533
Of 7,006 companies in sector 96999 we hold annual accounts for 602. 112 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 formPublic limited company
Founded01-05-1980
Fiscal year end31-12
Activities, NACEBEL 2025
96999Other personal services
82300Organisation of conventions and trade shows
82990Other business support services
85599Other education
90111Literary creation
Sources
Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.