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 42 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MELIORARE from Turnhout, company number BE0451505801, closed financial year 2025 with a result of € -10,165 after tax. For that financial year MELIORARE recorded a gross margin of € 251,076 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 108,725 to € -10,165. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 1.5 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,165
▼ still € 108,725 profit in 2024
Profit after tax over the fiscal year.
€ 176,785
▲ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 689,373.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 2.1 million
▲ 16% vs 2024
€ 165,053 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 3,550
▲ € 3,413 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 247,320 | € 301,380 | € 351,423 | € 251,076 | ▼ 29% |
| Profit after taxes | € -104,087 | € 52,826 | € 108,725 | € -10,165 | ▼ € 118,890 |
| Equity | € 1,348,796 | € 1,399,395 | € 1,505,894 | € 1,493,502 | ▼ 1% |
| Total debts | € 2,397,293 | € 2,292,251 | € 2,232,041 | € 2,616,272 | ▲ 17% |
| Cash | € 108,690 | € 99,148 | € 113,523 | € 176,785 | ▲ 56% |
| Land & buildings | € 3,471,623 | € 3,324,000 | € 3,191,201 | € 3,051,824 | ▼ 4% |
| Retained profit | € 537,987 | € 590,813 | € 699,538 | € 689,373 | ▼ 1% |
| Bank debt | € 2,076,647 | € 1,941,263 | € 1,822,066 | € 2,105,706 | ▲ 16% |
| Balance sheet total | € 3,746,089 | € 3,691,646 | € 3,737,935 | € 4,109,775 | ▲ 10% |
Key figures of MELIORARE, 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 MELIORARE?
What happened at MELIORARE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 10,165 (▼ € 118,890 vs 2024). Source: NBB ↗
- John Glenisson stepped down as director. NBB
- John Glenisson became a director. NBB
- New establishment in Turnhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 104,087 loss in 2022 to € 10,165 loss in 2025.
Best year ever: 2024, with € 108,725 profit.
Management
Behind MELIORARE is Ghislenus Glenisson. It owns 100% of PP41 itself.
Directors
According to the 2025 annual accounts
John Glenisson
Director
Also active at: G. Glenisson, Centrhalpark, FORUM 74, PP41, DOMUS 85, DOMUS 85 PROJECTS, Caesar 25
since 2025 · until 2026
Establishments
Establishment units
Physical locations of this company
Leopoldstraat 2A box 1
2300 Turnhout
Patersstraat 19
2300 Turnhout
Active since 20 December 1993
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →G. Glenisson same network
€ 177,204 gross margin · 2025
SWM9
€ 213,624 gross margin · 2025
Centrhalpark same network
€ 9,972 gross margin · 2025
Driezenhof
FORUM 74 same network
€ 111,381 gross margin · 2025
+5 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
- 0451.505.801
- VAT number
- BE 0451.505.801
- Registered office
- Leopoldstraat 2A bus 1, 2300 Turnhout
- Names & denominations
- MELIORARE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 December 1993
- Peppol
- Active · Active since 28 Jul 2025
- Activities · NACE
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