MEULEN
ActiveMEULEN has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €106k and a net result of €10k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 86% of 5896 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
86
/ 100
Excellent▼ -14 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability47▼-53
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 4.46 against 3.69 in 2023), and 21.7% 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 81
Relative position
BE, all sectors
reference
Sector 81
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 · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
61 d late
2022
59 d late
2021
61 d late
2020
51 d late
2019
14 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€106k=
2023 · €106k
2018: €93k
2019: €100k
2020: €89k
2021: €92k
2022: €96k
2023: €106k
2018 → 2024
Total assets
€135k▼ 5.8%
2023 · €144k
2018: €159k
2019: €161k
2020: €132k
2021: €127k
2022: €112k
2023: €144k
2018 → 2024
Net result
€10k▼ 60.5%
2023 · €25k
2018: €14k
2019: €15k
2020: €-8k
2021: €3k
2022: €4k
2023: €25k
2018 → 2024
Working capital
€102k=
2023 · €102k
2018: €51k
2019: €61k
2020: €61k
2021: €72k
2022: €87k
2023: €102k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€89k-€92k▲ 3.6%€96k▲ 4.2%€106k▲ 10.9%€106k=
Operating result€-14k-€-645▲ 95.5%€-2k▼ 153%€22k€4k▼ 80.8%
Net result€-8k-€3k€4k▲ 18.6%€25k▲ 566%€10k▼ 60.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 81% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €135k
Fixed assets
€5k▲ 2.2%
Current assets
€131k▼ 6.0%
Equity and liabilities €135k
Equity
€106k=
Debt
€29k▼ 22.1%
The debt ratio falls from 26.2% to 21.7%: debt is paid down.
Key figures and ratios
EBITDA
€7k▼
2023 · €27k
Cash flow
€12k▼
2023 · €30k
Solvency
78.3%▲
2023 · 73.8%
Current ratio
4.46▲
2023 · 3.69
Quick ratio
4.28▲
2023 · 3.37
Debt / equity
0.28▼
2023 · 0.36
ROE
9.5%▼
2023 · 24.0%
ROA
7.4%▼
2023 · 17.7%
Interest coverage
127.79▼
2023 · 438.59
Debt
€29k▼
2023 · €38k
Debt ≤ 1 year
€29k▼
2023 · €38k
Income taxes
€36▼
2023 · €2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€144k€135k▼
Fixed assets21/28€4k€5k▲
Tangible fixed assets22/27€4k€5k▲
Plant, machinery and equipment23-€2k
Furniture and vehicles24€960€41▼
Other tangible fixed assets26€4k€3k▼
Current assets29/58€139k€131k▼
Stocks and contracts in progress3€12k€5k▼
Stocks30/36€8k€4k▼
Contracts in progress37€5k€849▼
Amounts receivable within one year40/41€106k€98k▼
Trade receivables40€4k€3k▼
Other amounts receivable41€103k€95k▼
Cash at bank and in hand54/58€20k€26k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€144k€135k▼
Equity10/15€106k€106k=
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€92k€92k▲
Amounts payable17/49€38k€29k▼
Amounts payable within one year42/48€38k€29k▼
Trade debts44€21k€19k▼
Suppliers440/4€21k€19k▼
Taxes, remuneration and social security45€2k€40▼
Taxes450/3€2k€40▼
Other amounts payable47/48€15k€10k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€29k€9k▼
Operating profit (loss)9901€22k€4k▼
Financial income75/76B€5k€6k▲
Recurring financial income75€5k€6k▲
Financial charges65/66B€61€52▼
Recurring financial charges65€61€52▼
Profit (loss) for the period before taxes9903€27k€10k▼
Income taxes67/77€2k€36▼
Profit (loss) for the period9904€25k€10k▼
Profit (loss) for the period to be appropriated9905€25k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€107k€102k▼
Profit (loss) brought forward from the previous period14P€81k€92k▲
Profit to be distributed694/7€15k€10k▼
Directors or managers695€15k€10k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Highest result since 2018net €25k ▲566%
Operating result €22k, net result €25k, both a record.
31-12
Financial
Equity above €100kEq €106k ▲10.9%
3 profitable years in a row build equity to €106k.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
20-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 51 days late
2020
31-12
Financial
Weakest financial yearnet €-8k ▼157%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
31-12
Financial
Equity above €100kEq €100k ▲7.4%
2 profitable years in a row build equity to €100k.
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
13-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 44 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2001
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.
Zandvlietse Dorpstraat 1812040 AntwerpenGround area
714 m²
Building footprint
343 m²
Volume, LiDAR
1,311 m³
Parcel 11820C0570/00R004, Flanders · tallest building 6.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Zandvlietse Dorpstraat 181, 2040 Antwerpen
since 20012.101.426.212
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11820C0570/00R004 | Flanders | 714 m² | 1 · 343 m² | 6.8 m · 1 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.
Similar companies · same sector, comparable size
THE CLEAN WAY
BE 0668.756.701
Aalst · Eq €106k
NEMETH
BE 0899.614.820
Beersel · Eq €106k
BVG WINDOW CLEANING
BE 0775.312.090
Tielt · Eq €106k
ASSAINICKEL
BE 0891.727.433
Péruwelz · Eq €106k
VERMEULEN PASCAL
BE 0871.984.765
Kluisbergen · Eq €106k
Of 6,947 companies in sector 81220 we hold annual accounts for 2,383. 1,979 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-11-2001
Fiscal year end31-12
Activities, NACEBEL
74700
81220Other building cleaning and industrial cleaning
25110Manufacture of metal structures and parts of structures
25530Machining of metals
28110
28520
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.