Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
24 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MEUCO from Izegem, company number BE0422039575, closed financial year 2025 with a result of € 356,127 after tax. For that financial year MEUCO recorded a gross margin of € 1.2 million and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 451,885 to € 356,127. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ 1.7 million
▲ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 356,127
▼ 21% vs 2024
Profit after tax over the fiscal year.
€ 38,973
▼ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 212,594 paid out
60 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
10.5
▲ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 431,348
€ 41,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,784
▲ € 3,644 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.8 million
▲ 12% vs 2024
€ 234,833 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 617,162
▲ 222% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 80,249
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,327,181 | € 1,203,048 | € 1,266,669 | € 1,180,853 | ▼ 7% |
| Profit after taxes | € 598,725 | € 449,284 | € 451,885 | € 356,127 | ▼ 21% |
| Equity | € 934,298 | € 1,183,582 | € 1,515,466 | € 1,658,999 | ▲ 9% |
| Total debts | € 2,977,380 | € 2,630,816 | € 2,065,066 | € 2,747,839 | ▲ 33% |
| Cash | € 124,725 | € 76,465 | € 42,696 | € 38,973 | ▼ 9% |
| Land & buildings | € 2,800,318 | € 2,686,612 | € 2,572,906 | € 2,459,201 | ▼ 4% |
| Retained profit | € 872,298 | € 1,121,582 | € 1,453,466 | € 1,596,999 | ▲ 10% |
| Dividend | € 300,000 | € 200,000 | € 120,000 | € 212,594 | ▲ 77% |
| Bank debt | € 2,301,667 | € 2,096,667 | € 1,647,037 | € 1,837,833 | ▲ 12% |
| Balance sheet total | € 3,911,678 | € 3,814,398 | € 3,580,532 | € 4,406,837 | ▲ 23% |
| Employees (FTE) | 9.8 | 9.8 | 9.8 | 10.5 | ▲ 0.7 |
Key figures of MEUCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MEUCO?
What happened at MEUCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 356,127 (▼ 21% vs 2024). Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 598,725 profit in 2022 to € 356,127 profit in 2025.
Paid € 515,840 in corporate taxes since 2022.
Best year ever: 2022, with € 598,725 profit.
On average € 112,500 of value added per employee in 2025.
A new publication or filing at MEUCO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MEUCO are Unic Mona NV and Matthecou BV. Unic Mona NV is also behind MEIRSCHAERT IMMO, Unic Aalter, EVERCO, GB GENTBRUGGE and AARTCO.
Directors
According to the 2025 annual accounts
Managing director · represented by Pascal Vanhonsebrouck
Also active at: MEIRSCHAERT IMMO, Unic Aalter, EVERCO, GB GENTBRUGGE, AARTCO, UNIC WAASLAND, GEMA, Velga +3 more
Managing director · represented by Joris Mattheeuws
Establishments
Establishment units
Physical locations of this company
Gentsestraat 61
8870 Izegem
Bertje Santensweg 1
8760 Tielt
Active since 10 December 1981
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.
All companies at this address →MEIRSCHAERT IMMO same network
€ 72,574 gross margin · 2025
Unic Aalter same network
€ 748,818 gross margin · 2025
UNIC-MONA same network
€ 4.3 million gross margin · 2025
VARIA
€ 737,012 gross margin · 2025
EVERCO same network
€ 1.2 million gross margin · 2025
+19 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0422.039.575
- VAT number
- BE 0422.039.575
- Registered office
- Gentsestraat 61, 8870 Izegem
- Names & denominations
- MEUCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 October 1981
- Peppol
- Active · Active since 18 Mar 2026
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Supermarkten (verkoopsoppervlakte tussen 400 m2 en minder dan 2.500 m2)
Niet-gespecialiseerde detailhandel in algemene voedingsmiddelen (verkoopsoppervlakte minder dan 100 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte < 100 m²)