Summary
MEEROE has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €6.12M and a net result of €-45k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 62% of 925 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-07-2026, 19 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
19 d early
2024
17 d early
2023
21 d early
2022
37 d early
2021
29 d early
2020
18 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema, statutory accounts
Turnover
€506k▼ 56.5%
2021 · €1.16M
2019: €985k
2020: €1.08M
2021: €1.16M
2019 → 2022
EBIT margin
300.7%▲ 272.1pp
2021 · 28.6%
2019: 30.9%
2020: 28.8%
2021: 28.6%
2019 → 2022
Net result
€-45k▼ 2,494%
2024 · €-2k
2019: €1.19M
2020: €1.03M
2021: €248k
2022: €2.51M
2023: €82k
2024: €-2k
2019 → 2025
Working capital
€-3.92M
2024 · €6.13M
2019: €3.50M
2020: €2.80M
2021: €2.31M
2022: €10.22M
2023: €6.88M
2024: €6.13M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.16M-€506k▼ 56.5%
Equity€16.54M-€19.05M▲ 15.2%€16.17M▼ 15.1%€16.17M=€6.12M▼ 62.1%
Operating result€333k-€1.52M▲ 357%€-126k€-120k▲ 4.8%€-65k▲ 46.1%
Net result€248k-€2.51M▲ 911%€82k▼ 96.7%€-2k€-45k▼ 2,494%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €65k in 2025 against €120k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.33M
Fixed assets
€10.05M =
Current assets
€284k ▼ 95.4%
Equity and liabilities €10.33M
Equity
€6.12M ▼ 62.1%
Debt
€4.21M ▲ 21,561%
Debt's share of the balance-sheet total rises from 0.1% to 40.7%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-0.7%▼
2024 · 0.0%
ROA
-0.4%▼
2024 · 0.0%
Debt ≤ 1 year
€4.20M▲
2024 · €11k
Income taxes
€96▼
2024 · €3k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€16.19M€10.33M▼
Fixed assets21/28€10.05M€10.05M=
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€8k€8k▲
Furniture and vehicles24€2k€3k▲
Other tangible fixed assets26€6k€6k=
Financial fixed assets28€10.04M€10.04M=
Current assets29/58€6.14M€284k▼
Amounts receivable within one year40/41€234k€227k▼
Trade receivables40€28k€26k▼
Other amounts receivable41€206k€202k▼
Current investments50/53€5.50M-
Cash at bank and in hand54/58€400k€51k▼
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€16.19M€10.33M▼
Equity10/15€16.17M€6.12M▼
Contributions10/11€1.03M€1.03M=
Capital10€1.03M€1.03M=
Issued capital100€1.03M€1.03M=
Reserves13€10.22M€1.22M▼
Non-distributable reserves130/1€552k€552k=
Legal reserve130€552k€552k=
Tax-exempt reserves132€8k€8k=
Distributable reserves133€9.66M€664k▼
Profit (loss) carried forward14€4.91M€3.87M▼
Amounts payable17/49€19k€4.21M▲
Amounts payable within one year42/48€11k€4.20M▲
Trade debts44€11k€4k▼
Suppliers440/4€11k€4k▼
Taxes, remuneration and social security45-€10k
Taxes450/3-€10k
Other amounts payable47/48-€4.19M
Accrued charges and deferred income492/3€8k€9k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€10k€998▼
Gross operating margin9900€-108k€-62k▲
Operating profit (loss)9901€-120k€-65k▲
Financial income75/76B€122k€66k▼
Recurring financial income75€122k€66k▼
Financial charges65/66B€1k€47k▲
Recurring financial charges65€1k€47k▲
Profit (loss) for the period before taxes9903€774€-45k▼
Income taxes67/77€3k€96▼
Profit (loss) for the period9904€-2k€-45k▼
Profit (loss) for the period to be appropriated9905€-2k€-45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4.91M€4.87M▼
Profit (loss) brought forward from the previous period14P€4.92M€4.91M=
Transfer from equity791/2-€9.00M
Profit to be distributed694/7-€10.00M
Return on contributions (dividend)694-€10.00M
The notes to these accounts (8 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
31-07
State Gazette act
Reappointments: Pephil nv, Meert Louise and Meert JulienPermanent representative: Philippe Meert · Appointments: Pephil nv (managing director) and Burgerlijke CVBA Vandelanotte Bedrijfsrevisoren (statutory auditor) · Mandate compensation11 facts ▸
State Gazette act
Reappointments: Pephil nv, Meert Louise and Meert Julien
Permanent representative: Philippe Meert · Appointments: Pephil nv (managing director) and Burgerlijke CVBA Vandelanotte Bedrijfsrevisoren (statutory auditor) · Mandate compensation11 facts ▸
- General meeting, 18/06/2026
- Board meeting, 18/06/2026
- Director reappointment, Pephil nv (director)
- Director reappointment, Meert Louise (director)
- Director reappointment, Meert Julien (director)
- Permanent representative, Philippe Meert
- Director appointment, Pephil nv (managing director)
- Mandate compensation, Pephil nv
- Mandate compensation, Meert Louise
- Mandate compensation, Meert Julien
- Auditor appointment, Burgerlijke CVBA Vandelanotte Bedrijfsrevisoren
12-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-45k
Net result drops to €-45k, the lowest in the series.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
2024
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
24-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2019net €2.51M ▲911%
Operating result €1.52M, net result €2.51M, both a record.
31-12
Financial
Liquidity times 86current ratio 2261.66
Current ratio from 26.26 to 2261.66; short-term debt falls from €91k to €5k.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
02-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26098581). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Pephil nv
CurrentManaging director · since 31-07-2026 · Legal entity · perm. rep.: Philippe Meert
Meert Julien
CurrentDirector
Meert Louise
CurrentDirector
31-07-2026
Pephil nv: Appointed as Managing director
Location & real-estate footprint
Registered office, Deerlijk · 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.
Vichtestraat 1698540 DeerlijkGround area
1.8 ha
Building footprint
5,309 m²
2 parcels, Flanders. Linked by address, not a title deed.
1 establishment unit
Industrieweg 11, 9420 Erpe-Mere
since 19922.058.347.126
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41016D1016/00D000 | Flanders | 1.5 ha | 1 · 5,130 m² | - |
| 34009B0268/00B000 | Flanders | 2,583 m² | 1 · 179 m² | - |
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.
Statutory auditor
1 auditor| CALLENS VANDELANOTTECurrent Auditor | 31-07-2026 → present |
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Of 11,222 companies in sector 82100 we hold annual accounts for 3,510. 587 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
Founded31-12-1991
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 57 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.