MEERZA
ActiveSummary
MEERZA has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13k and a net result of €2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 38% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▼-39
Solvency46▲+2
Growth63▲+7
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.86 against 1.2 in 2024; short-term debt: 53.6% and cash: 5.8% of total assets), but 79.4% 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.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Sector 47
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
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 22-05-2026, 70 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
70 d early
2024
21 d late
2023
56 d late
2022
21 d late
2021
30 d late
2020
10 d late
2019
3 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, micro schema
Turnover
€221k▲ 46.4%
2024 · €151k
2018: €224k
2019: €239k
2020: €253k
2021: €264k
2022: €250k
2023: €212k
2024: €151k
2018 → 2025
EBIT margin
1.6%▼ 16.1pp
2024 · 17.7%
2018: -4.7%
2019: 5.7%
2020: -12.5%
2021: 2.9%
2022: 2.5%
2023: 3.8%
2024: 17.7%
2018 → 2025
Net result
€2k▼ 91.4%
2024 · €25k
2018: €-11k
2019: €13k
2020: €-32k
2021: €7k
2022: €6k
2023: €7k
2024: €25k
2018 → 2025
Working capital
€29k▲ 224%
2024 · €9k
2018: €-17k
2019: €-3k
2020: €-34k
2021: €-30k
2022: €-26k
2023: €-18k
2024: €9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€264k-€250k▼ 5.5%€212k▼ 15.2%€151k▼ 28.7%€221k▲ 46.4%
Equity€-27k-€-22k▲ 20.5%€-15k▲ 30.8%€11k€13k▲ 20.6%
Operating result€8k-€6k▼ 17.4%€8k▲ 29.2%€27k▲ 232%€4k▼ 86.7%
Net result€7k-€6k▼ 19.7%€7k▲ 19.6%€25k▲ 284%€2k▼ 91.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 87% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €62k
Equity
€13k ▲ 20.6%
Debt
€49k ▲ 9.2%
Debt's share of the balance-sheet total falls from 81.0% to 79.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€5k▼
2024 · €28k
Cash flow
€4k▼
2024 · €27k
Current ratio
1.86▲
2024 · 1.20
Quick ratio
0.11▲
2024 · 0.03
Debt to equity
3.86▼
2024 · 4.26
ROE
17.1%▼
2024 · 240.6%
ROA
3.5%▼
2024 · 45.7%
Interest coverage
6.34▼
2024 · 23.45
Debt ≤ 1 year
€33k▼
2024 · €45k
Debt > 1 year
€16k
Income taxes
€546
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€56k€62k▲
Fixed assets21/28€2k-
Tangible fixed assets22/27€2k-
Plant, machinery and equipment23€596-
Furniture and vehicles24€1k-
Current assets29/58€54k€62k▲
Stocks and contracts in progress3€53k€58k▲
Stocks30/36€53k€58k▲
Cash at bank and in hand54/58€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€56k€62k▲
Equity10/15€11k€13k▲
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€123€123=
Non-distributable reserves130/1€123€123=
Reserves not available under the articles1311€123€123=
Profit (loss) carried forward14€4k€6k▲
Amounts payable17/49€45k€49k▲
Amounts payable after more than one year17-€16k
Other amounts payable178/9-€16k
Amounts payable within one year42/48€45k€33k▼
Financial debts43€4k-
Credit institutions430/8€4k-
Trade debts44€22k€128▼
Suppliers440/4€22k€128▼
Taxes, remuneration and social security45€8k€22k▲
Taxes450/3€2k€3k▲
Remuneration and social security454/9€6k€19k▲
Other amounts payable47/48€11k€11k=
Income statement
Code20242025
Turnover70€151k€221k▲
Goods, raw materials, services and sundry goods60/61€159k€224k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€808€1k▲
Gross operating margin9900€29k€6k▼
Operating profit (loss)9901€27k€4k▼
Financial charges65/66B€1k€831▼
Recurring financial charges65€1k€831▼
Profit (loss) for the period before taxes9903€25k€3k▼
Income taxes67/77-€546
Profit (loss) for the period9904€25k€2k▼
Profit (loss) for the period to be appropriated9905€25k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4k€6k▲
Profit (loss) brought forward from the previous period14P€-21k€4k▲
The notes to these accounts (4 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
09-09
State Gazette act
Withdrawal: SIDDIQUI WASEEM AKHTER (partner)Share transfer · Share holding4 facts ▸
State Gazette act
Withdrawal: SIDDIQUI WASEEM AKHTER (partner)
Share transfer · Share holding4 facts ▸
- General meeting, 31-12-2025
- Share transfer, SIDDIQUI WASEEM AKHTER → SIDDIQUI NADEEM AKHTER
- Member resignation, SIDDIQUI WASEEM AKHTER (partner)
- Share holding, Administrateur, 100
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Highest result since 2018net €25k ▲284%
Operating result €27k, net result €25k, both a record.
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2020
31-12
Financial
Weakest financial yearnet €-32k ▼344%
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
Show earlier events
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2012
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.
Arthur Cosynstraat 221020 BrusselGround area
53 m²
Building footprint
54 m²
Volume, LiDAR
715 m³
Parcel 21815D0193/00H008, Brussels · tallest building 14.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Meerza
since 20122.206.802.953
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0193/00H008 | Brussels | 53 m² | 1 · 54 m² | 14.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Capital and shareholders
Shareholders according to the acts
Share transfer
act of 09-09-2026 ↗
- SIDDIQUI WASEEM AKHTER to SIDDIQUI NADEEM AKHTER 5 shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.206.802.953
Similar companies · same sector, comparable size
PARMEET
BE 0837.610.539
Antwerpen · Eq €12,800
SUPERMARKET AL-SALAM
BE 0736.476.557
Antwerpen · Eq €12,753
DYW SERVICES
BE 1013.343.954
Koekelberg · Eq €12,809
AD SHOP
BE 0843.620.480
Schaarbeek · Eq €12,749
SAAD RAHMAN
BE 0861.637.538
Ukkel · Eq €12,748
Of 10,519 companies in sector 47110 we hold annual accounts for 5,857. 3,723 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
Founded24-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.