MEERTEN
ActiveThe computed 12-month bankruptcy probability of MEERTEN is 1.8% (moderate). The 2025 annual accounts show negative equity (€-80k) and a net result of €-16k. Equity is shrinking by ~30.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 27172 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
20
/ 100
Critical▼ -5 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98
Solvency33▼-67
Growth32=
Stability100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.08), and equity is negative.
Credit advice for your own amount and term
Signals
Seven 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 2025Solvency, return and age of the figures
Solvency
-1157.2%
Return on assets
-227.4%
Age of the figures
14 mo
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
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€80k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-03-2026, 55 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
55 d late
2024
3 d early
2023
155 d early
2022
28 d early
2021
133 d late
2020
498 d late
2019
9 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close10-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-80k▼ 24.5%
2024 · €-64k
2019: €18k
2020: €9k
2021: €-15k
2022: €-53k
2023: €-64k
2024: €-64k
2019 → 2025
Total assets
€7k▼ 36.9%
2023 · €11k
2019: €48k
2020: €20k
2021: €50k
2022: €25k
2023: €11k
2019 → 2025
Net result
€-16k▼ 44.5%
2023 · €-11k
2019: €14k
2020: €-8k
2021: €-25k
2022: €-38k
2023: €-11k
2019 → 2025
Working capital
€-80k▼ 24.5%
2023 · €-64k
2019: €7k
2020: €3k
2021: €-20k
2022: €-57k
2023: €-64k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-15k-€-53k▼ 244%€-64k▼ 20.4%€-64k=€-80k▼ 24.5%
Operating result€-24k-€-37k▼ 54.2%€-11k▲ 71.7%€-16k
Net result€-25k-€-38k▼ 52.8%€-11k▲ 71.3%€-16k
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 €16k in 2025 against €11k in 2023; the loss grows.
Key figures and ratios
Solvency
-1157.2%
Current ratio
0.08
Quick ratio
0.01
Debt / equity
-1.09▼
2024 · -1.00
ROE
19.6%
ROA
-227.4%
Debt
€87k▲
2024 · €64k
Debt ≤ 1 year
€87k▲
2024 · €64k
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-€7k
Current assets29/58-€7k
Stocks and contracts in progress3-€6k
Stocks30/36-€6k
Amounts receivable within one year40/41-€398
Other amounts receivable41-€398
Cash at bank and in hand54/58-€216
Equity and liabilities
Total equity and liabilities10/49€0€7k▲
Equity10/15€-64k€-80k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-84k€-100k▼
Amounts payable17/49€64k€87k▲
Amounts payable within one year42/48€64k€87k▲
Trade debts44-€22k
Suppliers440/4-€22k
Other amounts payable47/48€64k€65k▲
Income statement
Code20242025
Other operating charges640/8-€963
Gross operating margin9900-€-15k
Operating profit (loss)9901-€-16k
Financial charges65/66B-€144
Recurring financial charges65-€144
Profit (loss) for the period before taxes9903-€-16k
Profit (loss) for the period9904-€-16k
Profit (loss) for the period to be appropriated9905-€-16k
Appropriation of the result
Profit (loss) to be appropriated9906€-84k€-100k▼
Profit (loss) brought forward from the previous period14P€-84k€-84k=
The notes to these accounts (3 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
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 55 days late
2025
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
03-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €-38k
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 133 days late
13-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 498 days late
2020
22-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Dilsen-Stokkem · 1 establishment unit since 2004
Ground area
2,444 m²
Building footprint
531 m²
Volume, LiDAR
2,699 m³
2 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MEERTEN
since 20042.136.615.040
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72017C0153/00C000 | Flanders | 1,432 m² | 1 · 254 m² | 6.4 m · 1 fl. |
| 72007A0098/00G003 | Flanders | 1,011 m² | 1 · 277 m² | 9.5 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.
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RICHARD RENOVATION
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FEREASTRA
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Of 19,944 companies in sector 43320 we hold annual accounts for 9,076. 4,417 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-2004
Fiscal year end30-06
Activities, NACEBEL
43320Joinery installation
45422
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.