The computed 12-month bankruptcy probability of MELODICUM is 2.6% (moderate). The 2018 annual accounts show equity of €98,301 and a net result of -€178,775. The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals.
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
2 sites
Size
€7.8mtotal assets 2018
Equity
€98,301
Loss
-€178,775
Financial health
Bankruptcy probabilitywithin 12 months
2.6%
2018 figures too old to score
Structure
Accounts filed 17 days late0 of 20 deeds read
Signalsraises riskFigures for financial year 2018 (filed 09-08-2019)Liquidity: current ratio 0.14, cash €330Equity €98,301 (1.3% of total assets)lowers riskSector: Real estate activities (NACE 68)neutralFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2018 are too old to assess current financial health.
Financial strength, FY 2018
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency26
equity 1.3% of total assets
Liquidity0
short-term debt 98.7% · cash 0.0%
Profitability32
return on assets -2.3%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
2.6%Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (6,968 companies, NACE 68, small)
Last 24 months11-2024: 2.6%lowest value12-2024: 2.6%● unchanged vs 11-2024lowest value01-2025: 2.6%● unchanged vs 12-2024lowest value02-2025: 2.6%● unchanged vs 01-2025lowest value03-2025: 2.6%● unchanged vs 02-2025lowest value04-2025: 2.6%● unchanged vs 03-2025lowest value05-2025: 2.6%● unchanged vs 04-2025lowest value06-2025: 2.6%● unchanged vs 05-2025lowest value07-2025: 2.6%● unchanged vs 06-2025lowest value08-2025: 3.2%▲ +0.6 percentage points vs 07-2025highest value09-2025: 2.6%▼ -0.6 percentage points vs 08-2025lowest value10-2025: 2.6%● unchanged vs 09-2025lowest value11-2025: 2.6%● unchanged vs 10-2025lowest value12-2025: 2.6%● unchanged vs 11-2025lowest value01-2026: 2.6%● unchanged vs 12-2025lowest value02-2026: 2.6%● unchanged vs 01-2026lowest value03-2026: 2.6%● unchanged vs 02-2026lowest value04-2026: 2.6%● unchanged vs 03-2026lowest value05-2026: 2.6%● unchanged vs 04-2026lowest value06-2026: 2.6%● unchanged vs 05-2026lowest value07-2026: 2.6%● unchanged vs 06-2026lowest value08-2026: 3.2%▲ +0.6 percentage points vs 07-2026highest value09-2026: 2.6%▼ -0.6 percentage points vs 08-2026lowest value10-2026: 2.6%● unchanged vs 09-2026lowest value
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 26 days after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 August (5 of the last 5 filed years within 30 days of that day).