MEERSMAN
ActiveSummary
MEERSMAN has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-53k) and a net result of €4k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 8093 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability55▲+1
Solvency17=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.02 against 1.17 in 2023; short-term debt: 15.1% and cash: 2.4% of total assets), and equity is negative.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
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
-7.5%
Return on assets
0.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 8093 sector peers (2024).
NBB · sector comparisonPosition among 8093 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2025, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
14 d early
2023
23 d early
2022
11 d early
2021
31 d early
2020
1 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€-53k▲ 7.5%
2023 · €-58k
2018: €45k
2019: €-79k
2020: €-142k
2021: €-69k
2022: €-64k
2023: €-58k
2018 → 2024
Total assets
€712k▼ 6.9%
2023 · €764k
2018: €715k
2019: €604k
2020: €675k
2021: €706k
2022: €700k
2023: €764k
2018 → 2024
Net result
€4k▼ 34.0%
2023 · €7k
2018: €-26k
2019: €-124k
2020: €-64k
2021: €74k
2022: €4k
2023: €7k
2018 → 2024
Working capital
€2k▼ 89.8%
2023 · €23k
2018: €-30k
2019: €34k
2020: €-61k
2021: €24k
2022: €15k
2023: €23k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-142k-€-69k▲ 51.7%€-64k▲ 6.1%€-58k▲ 10.2%€-53k▲ 7.5%
Operating result€-69k-€86k€14k▼ 83.5%€17k▲ 19.5%€18k▲ 5.2%
Net result€-64k-€74k€4k▼ 94.3%€7k▲ 57.6%€4k▼ 34.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 5% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €712k
Fixed assets
€602k ▼ 0.6%
Current assets
€110k ▼ 30.9%
Key figures and ratios
EBITDA
€32k▲
2023 · €31k
Cash flow
€18k▼
2023 · €21k
Solvency
-7.5%▲
2023 · -7.6%
Current ratio
1.02▼
2023 · 1.17
Debt to equity
-14.31▼
2023 · -14.22
ROA
0.6%▼
2023 · 0.9%
Interest coverage
4.20▲
2023 · 4.15
Debt
€765k▼
2023 · €822k
Debt ≤ 1 year
€108k▼
2023 · €136k
Debt > 1 year
€658k▼
2023 · €686k
Income taxes
€6k▲
2023 · €3k
Staff costs
€76k▲
2023 · €75k
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 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€764k€712k▼
Fixed assets21/28€606k€602k▼
Tangible fixed assets22/27€374k€361k▼
Land and buildings22€369k€357k▼
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€3k€1k▼
Financial fixed assets28€232k€241k▲
Current assets29/58€159k€110k▼
Amounts receivable within one year40/41€129k€91k▼
Trade receivables40€88k€58k▼
Other amounts receivable41€40k€33k▼
Cash at bank and in hand54/58€29k€17k▼
Deferred charges and accrued income490/1€823€2k▲
Equity and liabilities
Total equity and liabilities10/49€764k€712k▼
Equity10/15€-58k€-53k▲
Contributions10/11€19k€19k=
Reserves13€19k€19k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€17k€17k=
Profit (loss) carried forward14€-95k€-91k▲
Amounts payable17/49€822k€765k▼
Amounts payable after more than one year17€686k€658k▼
Financial debts170/4€286k€262k▼
Other amounts payable178/9€400k€396k▼
Amounts payable within one year42/48€136k€108k▼
Current portion of amounts payable after more than one year42€22k€24k▲
Financial debts43€20k€0▼
Credit institutions430/8€20k€0▼
Trade debts44€27k€12k▼
Suppliers440/4€27k€12k▼
Advances received on contracts in progress46€262€262=
Taxes, remuneration and social security45€64k€42k▼
Taxes450/3€18k€26k▲
Remuneration and social security454/9€45k€16k▼
Other amounts payable47/48€3k€29k▲
Income statement
Code20232024
Remuneration, social security and pensions62€75k€76k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▲
Other operating charges640/8€3k€5k▲
Gross operating margin9900€110k€113k▲
Operating profit (loss)9901€17k€18k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€7k€8k▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€9k€10k▲
Income taxes67/77€3k€6k▲
Profit (loss) for the period9904€7k€4k▼
Profit (loss) for the period to be appropriated9905€7k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-95k€-91k▲
Profit (loss) brought forward from the previous period14P€-102k€-95k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €74k
Net result €74k after 3 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 1.42
Current ratio from 0.35 to 1.42; short-term debt falls from €94k to €57k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-124k
Net result drops to €-124k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 1.34
Current ratio from 0.50 to 1.34.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Beveren-Kruibeke-Zwijndrecht · 2 establishment units since 1996
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.
Snoeckstraat(MEL) 319120 Beveren-Kruibeke-ZwijndrechtGround area
7,089 m²
Building footprint
412 m²
2 parcels, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
2 establishment units
Meersman BVBA
since 19962.077.426.333
Gilbert Decockstraat 12, 8300 Knokke-Heist
since 20212.315.865.595
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013D0278/00H000 | Flanders | 6,086 m² | 1 · 205 m² | 0.1 m |
| 46016E0042/00C000 | Flanders | 1,003 m² | 1 · 207 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.
Similar companies · same sector, comparable size
TWN Belgium
BE 0680.613.960
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FINVISION CFO SERVICES
BE 0846.232.948
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Evolve Marketing
BE 0670.523.485
Gent · Eq €45,038
ARTICLE XXII
BE 1000.386.932
Antwerpen · Eq €45,037
CHALLENGE ASBL
BE 0550.747.588
Libramont-Chevigny · Eq €45,040
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 37,515 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 formPrivate limited company
Founded18-07-1996
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
70200Business and other management consultancy
55100Hotels and similar accommodation
55203Holiday cottages, homes and apartments
55204Guest rooms (bed and breakfast)
56210Event catering
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.