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 4 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MEERSENCO from Zonnebeke, company number BE0631954505, closed financial year 2025 with a result of € 7,665 after tax. For that financial year MEERSENCO recorded a gross margin of € 89,816 and equity of € 1 million. Compared with financial year 2024, the result moved from € 99 to € 7,665. Profitable, and profit is growing. 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 December 22, 2025.
€ 1 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,665
▲ € 7,566 vs 2024
Profit after tax over the fiscal year.
€ 13,662
▲ € 11,855 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -472,315.
Debts at end 2025
€ 251,885
▼ 16% vs 2024
€ 47,465 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 766
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 71,495 | € 56,940 | € 74,966 | € 89,816 | ▲ 20% |
| Profit after taxes | € -21,510 | € -1,794 | € 99 | € 7,665 | ▲ € 7,566 |
| Equity | € 821,715 | € 819,920 | € 1,020,020 | € 1,027,685 | ▲ 1% |
| Total debts | € 630,584 | € 650,884 | € 644,862 | € 590,206 | ▼ 8% |
| Cash | € 33,058 | € 5,634 | € 1,807 | € 13,662 | ▲ € 11,855 |
| Land & buildings | € 1,418,677 | € 1,464,344 | € 1,661,278 | € 1,603,121 | ▼ 4% |
| Retained profit | € -478,285 | € -480,080 | € -479,980 | € -472,315 | ▲ € 7,665 |
| Bank debt | € 390,436 | € 344,884 | € 298,703 | € 251,885 | ▼ 16% |
| Balance sheet total | € 1,452,299 | € 1,470,804 | € 1,664,882 | € 1,617,890 | ▼ 3% |
Key figures of MEERSENCO, 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 December 2026.
What happened to MEERSENCO?
What happened at MEERSENCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,665 (▲ € 7,566 vs 2024). Source: NBB ↗
- Geert Meersseman became a director. NBB
- New establishment in Zonnebeke. KBO
- Start of the company according to the CBE. KBO
- Katleen Cools became a director. NBB
In short
From € 21,510 loss in 2022 to € 7,665 profit in 2025.
Paid € 766 in corporate taxes since 2022.
Best year ever: 2025, with € 7,665 profit.
Management
Behind MEERSENCO are Geert Meersseman and Katleen Cools.
Directors
According to the 2025 annual accounts
Geert Meersseman
Director
since 2019
Katleen Cools
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Schipstraat 32
8980 Zonnebeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0631.954.505
- VAT number
- BE 0631.954.505
- Registered office
- Schipstraat 32, 8980 Zonnebeke
- Names & denominations
- MEERSENCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 June 2015
- Peppol
- Active · Active since 6 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen