What does MEULEMAN & CO do?

MEULEMAN & CO is a painting contractor in Kortrijk. Private Limited, started on 27 March 2018, 1 establishment.

What is the address of MEULEMAN & CO?

The registered office of MEULEMAN & CO is located at Stasegemsesteenweg(Kor) 17, 8500 Kortrijk.

Is MEULEMAN & CO still active?

Yes. According to the CBE (29 October 2026) MEULEMAN & CO is active, legal situation “Normale toestand”, started on 27 March 2018.

Is MEULEMAN & CO registered on Peppol?

Yes, MEULEMAN & CO is registered on the Peppol network with ID 0208:0692939888.

What is the enterprise number of MEULEMAN & CO?

The enterprise number of MEULEMAN & CO is BE0692939888.

When was MEULEMAN & CO founded?

MEULEMAN & CO was founded on 27 March 2018.

Who are the directors of MEULEMAN & CO?

According to the 2025 annual accounts, the directors of MEULEMAN & CO are: KARPE BV.

Is MEULEMAN & CO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 March 2018; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did MEULEMAN & CO make in 2025?

MEULEMAN & CO recorded a loss after taxes of € 30,905 in financial year 2025.

What is the revenue of MEULEMAN & CO?

In its most recent annual accounts (2025), MEULEMAN & CO reported revenue of € 11,612,248.

How much does an employee at MEULEMAN & CO earn?

The average wage cost per full-time employee at MEULEMAN & CO was € 65,800 in 2025: staff costs of € 3.3 million for 50.2 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does MEULEMAN & CO have?

According to the 2025 annual accounts, MEULEMAN & CO has 50.2 full-time equivalents (FTE).

MEULEMAN & CO (Private Limited) - Kortrijk - BE0692939888

Dossier MEULEMAN & CO, printed on 29 October 2026 from databakkes.be/en/0692939888/meuleman-co. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 61 % of short-term debt in 2025; threshold 65 %.
Shrinking team NBB

FTE fell two years in a row, from 58.3 to 50.2.

Financials

Financial year 2025

MEULEMAN & CO from Kortrijk, company number BE0692939888, closed financial year 2025 with a result of € -30,905 after tax. For that financial year MEULEMAN & CO recorded revenue of € 11.6 million and equity of € 201,848. Compared with financial year 2024, the result moved from € -614,732 to € -30,905. The company made a loss. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.

What it is worth Growing

€ 201,848

▲ € 469,095 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -30,905

▲ 95 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 416,733

▼ 50% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -848,152.

People and assets in 2025

Full-time equivalents

50.2

▼ 3.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 1.2 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 3.3 million

▲ 2% vs 2024

€ 65,800 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.

Vehicles and equipment

€ 135,078

▼ 33% vs 2024

Of which on lease € 25,026.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 553,952

▼ 48% vs 2024

€ 68,230 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 1.4 million

▼ 11% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 61 days on average.

Taxes and wages

€ 116,442

▼ 61% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 12,588,290 Revenue 2022: € 12,588,290 First fiscal year in the series	€ 12,368,871 Revenue 2023: € 12,368,871 ▼ 2% vs 2022 (€ 12,588,290) Unfavourable step	€ 11,216,531 Revenue 2024: € 11,216,531 ▼ 9% vs 2023 (€ 12,368,871) Unfavourable step	€ 11,612,248 Revenue 2025: € 11,612,248 ▲ 4% vs 2024 (€ 11,216,531) Favourable step	▲ 4%
Profit after taxes	€ -22,109 Profit after taxes 2022: € -22,109 First fiscal year in the series	€ -244,740 Profit after taxes 2023: € -244,740 ▼ € 222,632 vs 2022 (€ -22,109) Unfavourable step	€ -614,732 Profit after taxes 2024: € -614,732 ▼ € 369,991 vs 2023 (€ -244,740) Unfavourable step	€ -30,905 Profit after taxes 2025: € -30,905 ▲ € 583,826 vs 2024 (€ -614,732) Favourable step	▲ € 583,826
Equity	€ 592,225 Equity 2022: € 592,225 First fiscal year in the series	€ 347,485 Equity 2023: € 347,485 ▼ 41% vs 2022 (€ 592,225) Unfavourable step	€ -267,247 Equity 2024: € -267,247 ▼ € 614,732 vs 2023 (€ 347,485) Unfavourable step	€ 201,848 Equity 2025: € 201,848 ▲ € 469,095 vs 2024 (€ -267,247) Favourable step	▲ € 469,095
Total debts	€ 2,940,152 Total debts 2022: € 2,940,152 First fiscal year in the series	€ 2,157,974 Total debts 2023: € 2,157,974 ▼ 27% vs 2022 (€ 2,940,152) Favourable step	€ 3,978,142 Total debts 2024: € 3,978,142 ▲ 84% vs 2023 (€ 2,157,974) Unfavourable step	€ 2,812,107 Total debts 2025: € 2,812,107 ▼ 29% vs 2024 (€ 3,978,142) Favourable step	▼ 29%
Cash	€ 604,229 Cash 2022: € 604,229 First fiscal year in the series	€ 85,559 Cash 2023: € 85,559 ▼ 86% vs 2022 (€ 604,229) Unfavourable step	€ 829,191 Cash 2024: € 829,191 ▲ € 743,633 vs 2023 (€ 85,559) Favourable step	€ 416,733 Cash 2025: € 416,733 ▼ 50% vs 2024 (€ 829,191) Unfavourable step	▼ 50%
Land & buildings	€ 71,379 Land & buildings 2022: € 71,379 First fiscal year in the series	€ 62,228 Land & buildings 2023: € 62,228 ▼ 13% vs 2022 (€ 71,379) Unchanged	€ 81,531 Land & buildings 2024: € 81,531 ▲ 31% vs 2023 (€ 62,228) Unchanged	€ 70,353 Land & buildings 2025: € 70,353 ▼ 14% vs 2024 (€ 81,531) Unchanged	▼ 14%
Retained profit	€ 42,225 Retained profit 2022: € 42,225 First fiscal year in the series	€ -202,515 Retained profit 2023: € -202,515 ▼ € 244,740 vs 2022 (€ 42,225) Unfavourable step	€ -817,247 Retained profit 2024: € -817,247 ▼ € 614,732 vs 2023 (€ -202,515) Unfavourable step	€ -848,152 Retained profit 2025: € -848,152 ▼ € 30,905 vs 2024 (€ -817,247) Unfavourable step	▼ € 30,905
Bank debt	€ 734,247 Bank debt 2022: € 734,247 First fiscal year in the series	€ 720,449 Bank debt 2023: € 720,449 ▼ 2% vs 2022 (€ 734,247) Favourable step	€ 1,061,766 Bank debt 2024: € 1,061,766 ▲ 47% vs 2023 (€ 720,449) Unfavourable step	€ 553,952 Bank debt 2025: € 553,952 ▼ 48% vs 2024 (€ 1,061,766) Favourable step	▼ 48%
Balance sheet total	€ 3,532,378 Balance sheet total 2022: € 3,532,378 First fiscal year in the series	€ 2,505,459 Balance sheet total 2023: € 2,505,459 ▼ 29% vs 2022 (€ 3,532,378) Unchanged	€ 3,710,895 Balance sheet total 2024: € 3,710,895 ▲ 48% vs 2023 (€ 2,505,459) Unchanged	€ 3,013,955 Balance sheet total 2025: € 3,013,955 ▼ 19% vs 2024 (€ 3,710,895) Unchanged	▼ 19%
Employees (FTE)	61.3 Employees (FTE) 2022: 61.3 First fiscal year in the series	58.3 Employees (FTE) 2023: 58.3 ▼ 3 vs 2022 (61.3) Unchanged	53.5 Employees (FTE) 2024: 53.5 ▼ 4.8 vs 2023 (58.3) Unchanged	50.2 Employees (FTE) 2025: 50.2 ▼ 3.3 vs 2024 (53.5) Unchanged	▼ 3.3

Key figures of MEULEMAN & CO, 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 MEULEMAN & CO?

What happened at MEULEMAN & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 9, 2026 New annual accounts for financial year 2025: loss of € 30,905. Source: NBB ↗
Mar 27, 2018 New establishment in Kortrijk. KBO
Mar 27, 2018 Start of the company according to the CBE. KBO

In short

From € 22,109 loss in 2022 to € 30,905 loss in 2025.

Paid € 23,290 in corporate taxes since 2022.

Pays suppliers within 61 days on average.

Original PDFs at the National Bank ↗

Management

KARPE BV

MEULEMAN & CO

MEULEMAN

Behind MEULEMAN & CO is KARPE BV. KARPE BV is also behind MEULEMAN.

Directors

According to the 2025 annual accounts

KARPE BV

Director · represented by Peter Meuleman

Also active at: MEULEMAN

Establishments

Establishment units

Physical locations of this company

Registered office

Stasegemsesteenweg(Kor) 17

8500 Kortrijk

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

MEULEMAN same network

€ 24,163 gross margin · 2025

MANAP

€ -3,097 gross margin · 2025

KARPE same network

€ 101,311 gross margin · 2025

MEULEMAN GROUP

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0692.939.888

VAT number

BE 0692.939.888

Registered office

Stasegemsesteenweg(Kor) 17, 8500 Kortrijk

Names & denominations

MEULEMAN & CO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

27 March 2018

Peppol

Active · Active since 15 Sept 2025

Activities · NACE

Schilderen van gebouwen

Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen

Overige werkzaamheden in verband met de afwerking van gebouwen

View on CBE Public ↗ Annual accounts (NBB) ↗

MEULEMAN & CO

Warning lights

Financials

What happened to MEULEMAN & CO?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions