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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
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Summary
Conclusion
the dossier summarised in one paragraphFor the legal form of MELIORE, Checked does not compute a bankruptcy probability. The 2024 annual accounts show equity of €5.41M and a net result of €2.39M. Equity is growing by ~88% per year across the filed fiscal years. Its solvency ranks better than 5% of 39 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 3 annual accounts.
Signals
3 signals · with evidenceWeak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 39 sector peers (2024).
View the sector comparison Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
2 signalsMore than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No administrative flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneFor this legal form (e.g. co-owners' association, public body or foreign branch) we don't show a bankruptcy probability: some of these forms legally cannot go bankrupt and no reliable figure is possible here.
Financials
Turnover€64.65M+198.7%
EBIT margin4.1%+4.8pp
Net result€2.39M+1082.7%
Working capital€113.13M+266.9%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 18-07-2025 with the NBB · fiscal year 2024 · verkort
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~88%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 94 · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 4.5% | 65.7% | |
| Net result | €2.39M | €62k | |
| Equity | €5.41M | €919k | |
| Staff costs | €15.13M | €616k | |
| Employees (FTE) | 36.6 | 9.6 |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P5
Weakening position over 2022-2024
· n=39-49
P95
Improving position over 2022-2024
· n=39-49
P85
Improving position over 2022-2024
· n=39-49
P95
Improving position over 2022-2024
· n=39-49
Describes the position versus peers, not a forecast.
€64.65M
+198.7%
22-24
€2.75M
-
far above sector median
€2.39M
+1082.7%
far above sector median
€2.49M
+890.8%
far above sector median
€119.23M
+238.5%
far above sector median
€5.41M
+79.3%
far above sector median
€113.13M
+266.9%
far above sector median
37
+13.0%
far above sector median
€15.13M
+147.5%
far above sector median
€112.95M
+250.8%
far above sector median
€5.35M
+36.2%
far above sector median
22.17
+150.2%
far above sector median
22.17
+150.2%
far above sector median
4.5%
-47.0%
-90% vs sector
20.86
+95.7%
far above sector median
44.2%
+559.7%
far above sector median
2.0%
+249.4%
far above sector median
3.7%
+295.9%
22-24
4.2%
-
22-24
10.74
-
far above sector median
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Revenue | €64.65M |
| EBITDA | €2.75M |
| Net profit | €2.39M |
| Cash flow | €2.49M |
| Staff costs | €15.13M |
| Income taxes | - |
| Dividends | - |
| Total assets | €119.23M |
| Equity | €5.41M |
| Debt | €112.95M |
| of which ≤ 1y | €5.35M |
| of which > 1y | - |
| Working capital | €113.13M |
| Employees (FTE) | 36.6 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 22.17 |
| Quick ratio | 22.17 |
| Working capital ratio | 94.9% |
| Solvency | 4.5% |
| Debt / equity | 20.86 |
| Long-term debt ratio | - |
| Interest coverage | 10.74 |
| Gross margin | - |
| Net margin | 3.7% |
| ROA | 2.0% |
| ROE | 44.2% |
| EBITDA margin | 4.2% |
| Days sales outstanding | 166d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €119.23M |
| Fixed assets | 21/28 | €748k |
| Tangible fixed assets | 22/27 | €243k |
| Financial fixed assets | 28 | €505k |
| Current assets | 29/58 | €118.48M |
| Amounts receivable within one year | 40/41 | €29.34M |
| Cash & bank | 54/58 | €61.18M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €119.23M |
| Equity | 10/15 | €5.41M |
| Reserves | 13 | €5.41M |
| Provisions & deferred taxes | 16 | €864k |
| Amounts payable | 17/49 | €112.95M |
| Amounts payable within one year | 42/48 | €5.35M |
| Trade debts payable within one year | 44 | €5.07M |
| Income statement | ||
| Turnover | 70 | €64.65M |
| Operating result | 9901 | €2.65M |
| Financial income | 75 | €582 |
| Financial charges | 65 | €256k |
| Result before taxes | 9903 | €2.39M |
| Net result for the period | 9904 | €2.39M |
| Result to be appropriated | 9905 | €2.39M |
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed83
/ 100
Excellent
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Directors
Directors & mandates
12 directorsCurrent directors & mandates
-
Current20-05-2026 → present
-
Current23-06-2025 → present
-
Current13-06-2024 → present
-
Current08-02-2024 → present
-
Current08-06-2023 → present
-
Current08-06-2023 → present
-
Current08-06-2023 → present
-
Current21-10-2022 → present
-
Current21-10-2022 → present
-
Current21-10-2022 → present
-
Current21-09-2022 → present
-
Current21-09-2022 → present
2 events
- 24-04-2025 Appointed· Director
- 21-09-2022 Appointed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Statutory auditor
1 auditor| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Ernst et Young Reviseurs d'EntreprisesCurrent Statutory auditor · represented by Eef Naessens |
- | 08-05-2024 → present |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Verenigingen op het vlak van milieu en mobiliteit(94994) |
| Legal form | Public-utility foundation(029) |
| Incorporation | 18-09-2022 |
| Status | Active |
| Postal code | 1000 |
Structure & network
Connections & network
13 connected companiesGroup structure
Parent · 926 subsidiaries · 5 locations
Control→
Network connections
Shared address
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Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Registered office
on the map · from the address register
seat.Municipality
exact location from the address register
Establishment units
2 locationsMELIORE
since 20222.340.435.004
MELIORE
since 20222.359.345.945
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area2,782 m²
Buildings2
Building footprint2,168 m²
Volume (LiDAR)69,759 m³
Tallest building42.2 m · ±12 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21808H0901/00N000 | Brussels | 2,342 m² | 1 · 1,841 m² | 42.2 m · 12 fl. |
| 21805E0332/00F000 | Brussels | 440 m² | 1 · 327 m² | 23.4 m · 7 fl. |
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.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
12 acts Address history · 1
03-10-2023
v3.2
All acts · 12
updated 2 months ago
2026
20-05-2026 Board meeting · Officer appointment · Mandate term · Mandate compensation
- Filing: 2026-05-12 · Meliore
- Publication: 2026-05-20 · Meliore
- Board meeting: 2026-04-16 · Meliore
- Officer appointment: date: 2026-04-16, role: Administrateur · Bertrand Badré
- Mandate term: duration: 3 years, renewable: 1 time · Bertrand Badré
- Mandate compensation: unremunerated · Bertrand Badré
- Officer appointment: role: Administratrice et Présidente · Alessandra Orofino
- Officer appointment: role: Administrateur et Vice-Président · Jay Halfon
- Officer appointment: role: Administratrice · Monica Araya
- Officer appointment: role: Administrateur · Donald Yeh
- Officer appointment: role: Administrateur · Thomas Brookes
- Power of attorney: date: 2026-04-16, scope: dépôt, publication, modifications BCE · Meliore
- Representation rule: agir seul et avec capacité de substitution · AD-Ministerie BV
- Officer appointment: role: Représentant légal · Adriaan de Leeuw
- Act object: Nomination d'un Administrateur - Composition du Conseil d'Administration
Summary:
Board meeting · Officer appointment · Mandate term · Mandate compensation
2025
18-07-2025 Ivan Cheung appointed as director
11-06-2025 Monica Eugenia Araya Salas appointed as director
14-03-2025 Rachel Susan HARRISON appointed as director
07-03-2025 Change in the board of directors
Summary:
v3.2
2024
29-07-2024 Change in the board of directors
Summary:
v3.2
08-05-2024 2 directors appointed
- Eef Naessens, Commissaris
- Christopher John (Chris) ROSE, Bestuurder
Summary:
v3.2
2023
03-10-2023 Registered office moved within Bruxelles
- Rue de la Science 23, 1040 Bruxelles → Rue aux Laines 70, 1000 Bruxelles
Summary:
v3.2
04-09-2023 Change in the board of directors
Summary:
v3.2
07-07-2023 3 directors appointed
- Sepideh GOLZARI-MUNRO, Bestuurder
- Alessandra OROFINO, Bestuurder
- Donald YEH, Bestuurder
Summary:
v3.2
2022
28-11-2022 5 directors appointed
- BROOKES Thomas Conrad Lewis, Gedelegeerd bestuurder
- NUTHALL Timothy James, Gedelegeerd bestuurder
- WARDEMANN Almuth, Gedelegeerd bestuurder
- ARAYA SALAS Monica Eugenia, Bestuurder
- HALFON Jay Robert, Bestuurder
Summary:
v3.2
26-10-2022 Incorporation of a new Fondation privee
Summary:
oprichting
Analysis
Snowflake analysis
financial profile on 5 axes71
/ 100
Strong profile, led by stability.
Health
83
Profitability
55
Solvency
36
Growth
85
Stability
94
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verdict per customer and amountSimilar
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Largest companies in this sector: this company is among the largest, so we show the sector's topCompany registry
Company registry (CBE)
Crossroads BankActivities
Verenigingen op het vlak van milieu en mobiliteit94994Verenigingen op het vlak van milieu en mobiliteit94994
Primary activity highlighted.
Names & trade names
| Legal nameFR | MELIORE |
Registered office
Wolstraat 70
1000 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.