Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 38 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MERITORIUM from Tielt, company number BE0430744633, closed financial year 2025 with a result of € -4,435 after tax. For that financial year MERITORIUM recorded a gross margin of € 10,979 and equity of € -1,899. Compared with financial year 2024, the result moved from € -715 to € -4,435. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ -1,899
▼ € 4,435 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,435
▼ 520 % more loss than in 2024
Profit after tax over the fiscal year.
€ 48
▼ 95% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5,150.
People and assets in 2025
€ 4,012
▼ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 309,176
▼ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 3,548
▲ € 3,376 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 55
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 238 | - | - | |
| Gross margin | € -32,365 | € -3,836 | € 5,022 | € 10,979 | ▲ 119% |
| Profit after taxes | € -53,468 | € -5,859 | € -715 | € -4,435 | ▼ € 3,720 |
| Equity | € 43,910 | € 3,251 | € 2,536 | € -1,899 | ▼ € 4,435 |
| Total debts | € 1,327 | € 4,473 | € 320,128 | € 315,702 | ▼ 1% |
| Cash | € 37,265 | € 2,715 | € 991 | € 48 | ▼ 95% |
| Land & buildings | € 6,679 | € 5,009 | € 316,446 | € 304,222 | ▼ 4% |
| Retained profit | € 23,285 | € 0 | € -715 | € -5,150 | ▼ € 4,435 |
| Bank debt | € 0 | € 0 | € 317,356 | € 309,176 | ▼ 3% |
| Balance sheet total | € 45,237 | € 7,724 | € 322,664 | € 313,803 | ▼ 3% |
Key figures of MERITORIUM, 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 MERITORIUM?
What happened at MERITORIUM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Gent. KBO
- New annual accounts for financial year 2025: loss of € 4,435. Source: NBB ↗
- New establishment in Tielt. KBO
- Start of the company according to the CBE. KBO
In short
From € 53,468 loss in 2022 to € 4,435 loss in 2025.
Paid € 10 in corporate taxes since 2022.
Establishments
Establishment units
Physical locations of this company
Mevrouwmolenstraat 8
8700 Tielt
Charles de Kerchovelaan 101
9000 Gent
Active since 28 August 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0430.744.633
- VAT number
- BE 0430.744.633
- Registered office
- Mevrouwmolenstraat 8, 8700 Tielt
- Names & denominations
- MERITORIUM · IMMO COVA
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 April 1987
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Bemiddeling in verband met exploitatie van en handel in onroerend goed