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MESO studiebureau

Active
Private limited companyfounded 200718 yrs activeJan Mulsstraat 132, 1853 Grimbergen, BelgiumKBO/BCE: BE 0894.187.867
Summary

MESO studiebureau has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €68k and a net result of €-39k. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 40% of 9460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
56 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-84
Solvency69▼-11
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.75 against 2.22 in 2024; short-term debt: 40.4% and cash: 8.2% of total assets), but 55.8% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
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 2025
Solvency, return and age of the figures
Solvency
44.2%
Return on assets
-25.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
17 d late
2023
5 d early
2022
15 d late
2021
on the day
2020
2 d early
2019
24 d late
← before the deadline after the deadline →
Checked, nothing found (2)
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 months
Position in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€68k▼ 36.5%
2024 · €107k
2019: €99k 2020: €115k 2021: €120k 2022: €142k 2023: €83k 2024: €107k
2019 → 2025
Total assets
€154k▼ 21.4%
2024 · €197k
2019: €161k 2020: €197k 2021: €191k 2022: €243k 2023: €282k 2024: €197k
2019 → 2025
Net result
€-39k
2024 · €24k
2019: €-1k 2020: €16k 2021: €5k 2022: €22k 2023: €42k 2024: €24k
2019 → 2025
Working capital
€47k▼ 55.6%
2024 · €105k
2019: €98k 2020: €101k 2021: €104k 2022: €117k 2023: €81k 2024: €105k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€120k-€142k▲ 18.4%€83k▼ 41.3%€107k▲ 29.1%€68k▼ 36.5%
Operating result€9k-€36k▲ 291%€61k▲ 70.0%€36k▼ 39.9%€-37k
Net result€5k-€22k▲ 370%€42k▲ 88.7%€24k▼ 41.7%€-39k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€-25k€0€25k€50kOperating result 2021: €9k€9kNet result 2021: €5k€5kOperating result 2022: €36k€36kNet result 2022: €22k€22kOperating result 2023: €61k€61kNet result 2023: €42k€42kOperating result 2024: €36k€36kNet result 2024: €24k€24kOperating result 2025: €-37k€-37kNet result 2025: €-39k€-39k20212022202320242025€-50k€-25k€0€25k€50kOperating result 2023: €61k€61kNet result 2023: €42k€42kOperating result 2024: €36k€36kNet result 2024: €24k€24kOperating result 2025: €-37k€-37kNet result 2025: €-39k€-39k202320242025
The operating result turns negative in 2025: a loss of €37k after €36k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €154k
Fixed assets €45k ▲ 752%
Current assets €109k ▼ 43.0%
Equity and liabilities €154k
Equity €68k ▼ 36.5%
Debt €86k ▼ 3.3%
Debt's share of the balance-sheet total rises from 45.4% to 55.8%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-29k
2024 · €44k
Cash flow
€-31k
2024 · €32k
Current ratio
1.75
2024 · 2.22
Debt to equity
1.26
2024 · 0.83
ROE
-57.5%
2024 · 22.5%
ROA
-25.4%
2024 · 12.3%
Interest coverage
-15.01
2024 · 96.75
Debt ≤ 1 year
€62k
2024 · €86k
Debt > 1 year
€21k
2024 · €626
Income taxes
€533
2024 · €12k
Staff costs
€228k
2024 · €114k
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 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€197k€154k
Fixed assets21/28€5k€45k
Intangible fixed assets21-€6k
Tangible fixed assets22/27€5k€40k
Furniture and vehicles24€5k€40k
Current assets29/58€191k€109k
Amounts receivable within one year40/41€173k€91k
Trade receivables40€172k€86k
Other amounts receivable41€2k€5k
Cash at bank and in hand54/58€15k€13k
Deferred charges and accrued income490/1€3k€5k
Equity and liabilities
Total equity and liabilities10/49€197k€154k
Equity10/15€107k€68k
Contributions10/11€30k€30k=
Reserves13€77k€38k
Distributable reserves133€77k€38k
Amounts payable17/49€89k€86k
Amounts payable after more than one year17€626€21k
Financial debts170/4€626€21k
Amounts payable within one year42/48€86k€62k
Current portion of amounts payable after more than one year42€7k€6k
Trade debts44€54k€26k
Suppliers440/4€54k€26k
Taxes, remuneration and social security45€24k€30k
Taxes450/3€17k€17k
Remuneration and social security454/9€7k€13k
Accrued charges and deferred income492/3€2k€2k
Income statement Code20242025
Remuneration, social security and pensions62€114k€228k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k
Other operating charges640/8€1k€1k
Gross operating margin9900€160k€200k
Operating profit (loss)9901€36k€-37k
Financial charges65/66B€459€2k
Recurring financial charges65€459€2k
Profit (loss) for the period before taxes9903€36k€-39k
Income taxes67/77€12k€533
Profit (loss) for the period9904€24k€-39k
Profit (loss) for the period to be appropriated9905€24k€-39k
Appropriation of the result
Profit (loss) to be appropriated9906€24k€-39k
Transfer from equity791/2-€39k
Transfer to equity691/2€24k-
To other reserves6921€24k-

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
31-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Weakest financial yearnet €-39k ▼262%
Net result drops to €-39k, the lowest in the series.
17-02
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 17 days late
2024
30-06
Financial Equity above €100kEq €107k ▲29.1%
5 profitable years in a row build equity to €107k.
26-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial Highest result since 2019net €42k ▲88.7%
Operating result €61k, net result €42k, both a record.
15-02
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 15 days late
2022
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Back to profitnet €16k
Net result €16k after one loss-making year.
30-06
Financial Equity above €100kEq €115k ▲16.2%
Equity rises from €99k to €115k.
24-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
Show earlier events
2019
23-02
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2017
30-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
31-12
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.

Directors · office · real estate

Directors
3 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, Grimbergen · 1 establishment unit since 2008
establishment The establishment unit on the map
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.

Jan Mulsstraat 1321853 Grimbergen
Ground area
1,637 m²
Building footprint
1,324 m²
Volume, LiDAR
3,053 m³
Parcel 23084A0567/00H002, Flanders · tallest building 11.5 m. Linked by address, not a title deed.
1 establishment unit
MESO studiebureau
Jan Mulsstraat 132, 1853 GrimbergenEngineering and related technical consultancy, excluding land surveyors
since 20082.168.297.715
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23084A0567/00H002 Flanders 1,637 m² 1 · 1,324 m² 11.5 m
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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 2 entries · 466 EUR awarded · 466 EUR paid
Year Entries awardedpaid
2025 1 308 EUR308 EUR
2022 1 158 EUR158 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 466 EUR · 466 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 1,758 companies in sector 71122 we hold annual accounts for 770. 659 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
Founded14-12-2007
Fiscal year end30-06
Activities, NACEBEL 2025
71122Land surveying
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.