Joris Meuninck
ActiveJoris Meuninck has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €178k and a net result of €19k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 53% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-3
Solvency74▲+7
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days only on tighter terms
Liquidity ample (current ratio 1.89 against 1.63 in 2023; short-term debt: 42% and cash: 0.1% of total assets), but 50.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-05-2026, 277 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
277 d late
2023
30 d late
2022
2 d early
2021
12 d late
2020
31 d early
2019
41 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€178k▲ 1.2%
2023 · €176k
2019: €65k
2020: €108k
2021: €172k
2022: €186k
2023: €176k
2019 → 2024
Total assets
€362k▼ 13.8%
2023 · €420k
2019: €192k
2020: €340k
2021: €414k
2022: €391k
2023: €420k
2019 → 2024
Net result
€19k▼ 39.4%
2023 · €32k
2019: €29k
2020: €60k
2021: €64k
2022: €14k
2023: €32k
2019 → 2024
Working capital
€136k▲ 4.8%
2023 · €129k
2019: €52k
2020: €91k
2021: €109k
2022: €126k
2023: €129k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€108k-€172k▲ 59.0%€186k▲ 8.3%€176k▼ 5.5%€178k▲ 1.2%
Operating result€73k-€84k▲ 15.4%€24k▼ 71.8%€48k▲ 104%€29k▼ 41.0%
Net result€60k-€64k▲ 6.5%€14k▼ 77.5%€32k▲ 125%€19k▼ 39.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 41% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €362k
Fixed assets
€74k▼ 11.5%
Current assets
€288k▼ 14.4%
Equity and liabilities €362k
Equity
€178k▲ 1.2%
Debt
€184k▼ 24.7%
The debt ratio falls from 58.1% to 50.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€56k▼
2023 · €82k
Cash flow
€47k▼
2023 · €66k
Solvency
49.2%▲
2023 · 41.9%
Current ratio
1.89▲
2023 · 1.63
Quick ratio
1.60▲
2023 · 1.48
Debt / equity
1.03▼
2023 · 1.39
ROE
11.0%▼
2023 · 18.3%
ROA
5.4%▼
2023 · 7.7%
Interest coverage
8.30▼
2023 · 10.44
Debt
€184k▼
2023 · €244k
Debt ≤ 1 year
€152k▼
2023 · €207k
Debt > 1 year
€32k▼
2023 · €37k
Income taxes
€9k▼
2023 · €14k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€420k€362k▼
Fixed assets21/28€84k€74k▼
Intangible fixed assets21€4k€3k▼
Tangible fixed assets22/27€80k€71k▼
Land and buildings22€736-
Plant, machinery and equipment23€11k€8k▼
Furniture and vehicles24€68k€36k▼
Other tangible fixed assets26€464€28k▲
Current assets29/58€336k€288k▼
Amounts receivable after more than one year29€168k€168k=
Other amounts receivable291€168k€168k=
Stocks and contracts in progress3€31k€44k▲
Stocks30/36€31k€44k▲
Amounts receivable within one year40/41€115k€62k▼
Trade receivables40€81k€55k▼
Other amounts receivable41€34k€7k▼
Cash at bank and in hand54/58€7k€432▼
Deferred charges and accrued income490/1€16k€14k▼
Equity and liabilities
Total equity and liabilities10/49€420k€362k▼
Equity10/15€176k€178k▲
Contributions10/11€19k€19k=
Reserves13€157k€159k▲
Distributable reserves133€157k€159k▲
Profit (loss) carried forward14€391€430▲
Amounts payable17/49€244k€184k▼
Amounts payable after more than one year17€37k€32k▼
Financial debts170/4€37k€32k▼
Amounts payable within one year42/48€207k€152k▼
Current portion of amounts payable after more than one year42€24k€22k▼
Financial debts43€63k€53k▼
Credit institutions430/8€60k€53k▼
Other loans439€3k-
Trade debts44€36k€44k▲
Suppliers440/4€36k€44k▲
Advances received on contracts in progress46€25k-
Taxes, remuneration and social security45€11k€8k▼
Taxes450/3€11k€8k▼
Other amounts payable47/48€48k€25k▼
Accrued charges and deferred income492/3€832€142▼
Income statement
Code20232024
Non-recurring operating income76A€6k-
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€27k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€103▲
Other operating charges640/8€1k€1k▼
Non-recurring operating charges66A-€6k
Gross operating margin9900€83k€63k▼
Operating profit (loss)9901€48k€29k▼
Financial income75/76B€5k€6k▲
Recurring financial income75€5k€6k▲
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€46k€28k▼
Income taxes67/77€14k€9k▼
Profit (loss) for the period9904€32k€19k▼
Profit (loss) for the period to be appropriated9905€32k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€20k▼
Profit (loss) brought forward from the previous period14P€233€391▲
Transfer from equity791/2€42k€17k▼
Transfer to equity691/2€32k€19k▼
To other reserves6921€32k€19k▼
Profit to be distributed694/7€42k€17k▼
Return on contributions (dividend)694€42k€17k▼
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
2026
04-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 277 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €14k ▼77.5%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
31-12
Financial
Highest result since 2019net €64k ▲6.5%
Operating result €84k, net result €64k, both a record.
31-12
Financial
Equity above €150kEq €172k ▲59%
3 profitable years in a row build equity to €172k.
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Equity above €100kEq €108k ▲67%
2 profitable years in a row build equity to €108k.
12-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
2019
25-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 25 days late
2018
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
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, Aalter · 2 establishment units 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.
Léon Bekaertlaan 389880 AalterGround area
1,489 m²
Building footprint
300 m²
Volume, LiDAR
1,340 m³
2 parcels, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Joris Meuninck
since 20152.250.964.578
Bloomilly
since 20242.363.451.520
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44001B0553/00A002 | Flanders | 1,398 m² | 1 · 209 m² | 3.4 m · 1 fl. |
| 44502D0254/00S000 | Flanders | 92 m² | 1 · 92 m² | 10.8 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 5,215 EUR awarded · 5,215 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 345 EUR | 345 EUR |
| 2024 | 1 | 161 EUR | 161 EUR |
| 2023 | 1 | 3,959 EUR | 3,959 EUR |
| 2022 | 1 | 750 EUR | 750 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteAalter2.363.451.520
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Of 7,042 companies in sector 43221 we hold annual accounts for 3,468. 2,938 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-12-2015
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:joris@jorismeuninck.be
Phone:0479643884