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 2 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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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
43 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
The Meadow from Sint-Martens-Latem, company number BE0666433847, closed financial year 2025 with a result of € -2.1 million after tax. For that financial year The Meadow recorded revenue of € 161,559 and equity of € -3.1 million. Compared with financial year 2024, the result moved from € -1.6 million to € -2.1 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 June 30, 2026.
€ -3.1 million
▼ € 2.1 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.1 million
▼ 34 % more loss than in 2024
Profit after tax over the fiscal year.
€ 150,046
▲ € 134,983 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.5 million.
Debts at end 2025
€ 25 million
Loans from banks and other lenders, long and short.
€ 1.6 million
▲ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 339 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € -1,075 | € 161,559 | ▲ € 162,634 |
| Profit after taxes | € -304,348 | € -933,552 | € -1,565,613 | € -2,099,841 | ▼ € 534,228 |
| Equity | € 1,471,568 | € 538,016 | € -1,027,597 | € -3,127,438 | ▼ € 2.1 million |
| Total debts | € 9,643,700 | € 28,252,204 | € 34,008,586 | € 36,836,061 | ▲ 8% |
| Cash | € 56,000 | € 113,825 | € 15,063 | € 150,046 | ▲ € 134,983 |
| Land & buildings | - | - | - | € 32,719,651 | |
| Retained profit | € 1,071,568 | € 138,016 | € -1,427,597 | € -3,527,438 | ▼ € 2.1 million |
| Bank debt | € 5,865,665 | € 21,830,000 | € 25,000,000 | € 25,000,000 | |
| Balance sheet total | € 11,115,269 | € 28,790,220 | € 32,980,989 | € 33,708,624 | ▲ 2% |
Key figures of The Meadow, 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 The Meadow?
What happened at The Meadow in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ViBel BV stepped down as director. NBB
- Ticaconsult BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 2.1 million. Source: NBB ↗
- ViBel BV became a director. NBB
- Ticaconsult BV became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
In short
From € 304,348 loss in 2022 to € 2.1 million loss in 2025.
Management
The stake of STRACO REAL ESTATE DEVELOPMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
The MeadowThe shares are held by STRACO REAL ESTATE DEVELOPMENT (100%).
Directors
According to the 2025 annual accounts
Director · represented by Carl-Philip de Villegas de Clercamp
Also active at: NEDCO, TER DOENAERT, Immo V.V.L. Leuven, IMMOCOR, GILBO, LES FOUGERES, IMMOGRADA, VM Weggevoerdenlaan ComCo +44 more
since 2022 · until 2028
Director · represented by Erik Van Den Eynden
Also active at: NEDCO, Immo V.V.L. Leuven, IMMOCOR, GILBO, LES FOUGERES, IMMOGRADA, HANSIMMO, ODEBRECHT +16 more
since 2022 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 157
9830 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 43 companies are registered at this address.
All companies at this address →NEDCO same network
€ 771,291 revenue · 2025
PATIGNY
€ 1.2 million revenue · 2025
Immo V.V.L. Leuven same network
€ 4 million revenue · 2025
HET SWYN ofte OUDE HAVEN
€ 13,595 gross margin · 2025
IMMOCOR same network
€ -8,147 gross margin · 2025
+38 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
- 0666.433.847
- VAT number
- BE 0666.433.847
- Registered office
- Kortrijksesteenweg 157, 9830 Sint-Martens-Latem
- Names & denominations
- The Meadow
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 2016
- Peppol
- Active · Active since 15 Jul 2025
- Activities · NACE
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