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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
79 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MeetDistrict from Ieper, company number BE0568815225, closed financial year 2025 with a result of € -6.2 million after tax. For that financial year MeetDistrict recorded a gross margin of € -3 million and equity of € -11.9 million. Compared with financial year 2024, the result moved from € -3.5 million to € -6.2 million. 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 August 27, 2026.
€ -11.9 million
▼ € 6.2 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6.2 million
▼ 74 % more loss than in 2024
Profit after tax over the fiscal year.
€ 609,767
▲ 17% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -32.1 million.
People and assets in 2025
8.2
▼ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 434,807
▼ 40% vs 2024
€ 53,000 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.
€ 10,987
▼ 58% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4.1 million
▲ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 90,975
▼ 61% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -2,877,988 | € -4,213,232 | € -933,046 | € -2,980,643 | ▼ € 2 million |
| Profit after taxes | € -4,429,025 | € -5,961,564 | € -3,547,726 | € -6,167,602 | ▼ € 2.6 million |
| Equity | € -8,405,855 | € -14,367,420 | € -5,683,513 | € -11,851,115 | ▼ € 6.2 million |
| Total debts | € 14,671,568 | € 20,737,248 | € 14,972,650 | € 18,912,742 | ▲ 26% |
| Cash | € 224,931 | € 452,603 | € 519,908 | € 609,767 | ▲ 17% |
| Land & buildings | € 3,479,086 | € 2,941,650 | € 3,559,080 | € 2,681,296 | ▼ 25% |
| Retained profit | € -9,655,855 | € -15,617,420 | € -25,933,513 | € -32,101,115 | ▼ € 6.2 million |
| Balance sheet total | € 6,265,712 | € 6,369,828 | € 9,289,137 | € 7,447,451 | ▼ 20% |
| Employees (FTE) | 4.8 | 7.5 | 9.1 | 8.2 | ▼ 0.9 |
Key figures of MeetDistrict, fiscal years 2021 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 MeetDistrict?
What happened at MeetDistrict in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- GHEMIC BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 6.2 million. filed late Source: NBB ↗
- GHEMIC BV became a director. NBB
- New establishment in Machelen (Brab.). KBO
- New establishment in Brussel. KBO
- New establishment in Antwerpen. KBO
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 4.4 million loss in 2021 to € 6.2 million loss in 2025.
Paid € 1,742 in corporate taxes since 2021.
Management
The stake of INTERNATIONAL REAL ESTATE SERVICES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MeetDistrictBehind MeetDistrict is Opus Terrae BV. The shares are held by INTERNATIONAL REAL ESTATE SERVICES (99.9%).
Directors
According to the 2025 annual accounts
Managing director · represented by Paul Gheysens
Also active at: DOCK-SITE, R.H.R. - INDUSTRIES, GARAGE S.O.S., GHELAMCO INVEST, THE WHITE HOUSE ZOUTE, M. VAN STEENWINKEL, SAFE HOLDING BELGIUM, Zeewind +22 more
Director · represented by Michael Gheysens
Also active at: R.H.R. - INDUSTRIES, GARAGE S.O.S., GHELAMCO INVEST, SOGIMES, IMMOBILIERE NORTH SEA PROPERTIES, THE WHITE HOUSE ZOUTE, STEELCON, BELGIAN TRADING COMPANY +44 more
since 2026 · until 2031
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zwaanhofweg 10
8900 Ieper
Bischoffsheimlaan 15 box 100
1000 Brussel
Active since 1 January 2020
Posthofbrug 6-8 box 5/100
2600 Antwerpen
Active since 23 April 2018
Culliganlaan 5
1831 Machelen (Brab.)
Active since 1 April 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 79 companies are registered at this address.
All companies at this address →R.H.R. - INDUSTRIES same network
€ 233,316 gross margin · 2025
GARAGE S.O.S. same network
€ -8,977 gross margin · 2025
GHELAMCO
€ 549,961 revenue · 2024
GHELAMCO INVEST same network
€ 38.6 million revenue · 2025
SOGIMES same network
€ 4.7 million gross margin · 2025
+74 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
- 0568.815.225
- VAT number
- BE 0568.815.225
- Registered office
- Zwaanhofweg 10, 8900 Ieper
- Names & denominations
- MeetDistrict
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 2015
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Overige zakelijke dienstverlening, neg
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Diverse administratieve activiteiten ten behoeve van kantoren