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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Tight liquidity NBB
Cash and receivables cover 40 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
103 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Meurop 2020 from Aalst, company number BE0704594142, closed financial year 2025 with a result of € -28,129 after tax. For that financial year Meurop 2020 recorded a gross margin of € -181,249 and equity of € -1 million. Compared with financial year 2024, the result moved from € -363,370 to € -28,129. 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 July 24, 2026.
€ -1 million
▼ € 28,129 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,129
▲ 92 % less loss than in 2024
Profit after tax over the fiscal year.
€ 619,854
▲ € 583,842 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.1 million.
Debts at end 2025
€ 5 million
▲ 8% vs 2024
€ 365,706 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 86,749
▲ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,763
▼ 92% vs 2024
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 | € 18,900 | € 33,853 | € 23,704 | € -181,249 | ▼ € 204,953 |
| Profit after taxes | € -85,535 | € -272,922 | € -363,370 | € -28,129 | ▲ € 335,241 |
| Equity | € -360,448 | € -633,370 | € -996,740 | € -1,024,869 | ▼ € 28,129 |
| Total debts | € 5,383,893 | € 5,782,845 | € 6,396,058 | € 7,459,310 | ▲ 17% |
| Cash | € 53,220 | € 44,661 | € 36,012 | € 619,854 | ▲ € 583,842 |
| Retained profit | € -421,948 | € -694,870 | € -1,058,240 | € -1,086,369 | ▼ € 28,129 |
| Bank debt | € 4,625,000 | € 4,625,000 | € 4,625,000 | € 4,990,706 | ▲ 8% |
| Balance sheet total | € 5,786,450 | € 5,912,479 | € 6,162,323 | € 6,434,441 | ▲ 4% |
Key figures of Meurop 2020, 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 Meurop 2020?
What happened at Meurop 2020 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- KoncKwent BV stepped down as director. NBB
- Paul Lievens stepped down as director. NBB
- Purec BV stepped down as director. NBB
- JDN BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 28,129. Source: NBB ↗
- Julie De Nul stepped down as director. NBB
- JDN BV became a director. NBB
- KoncKwent BV became a director. NBB
In short
From € 85,535 loss in 2022 to € 28,129 loss in 2025.
Paid € 36,860 in corporate taxes since 2022.
Management
The stake of CoGiVa, PSR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Meurop 2020The shares are held by CoGiVa (50%) and PSR (50%).
Directors
According to the 2025 annual accounts
Director · represented by Peter Breesch
Also active at: DIMA IMMO, CoGiVa Groep, CoGiVa, CoYoTTo
since 2024 · until 2030
Paul Lievens
Director
Also active at: Lummerzheim & Co, Jan De Nul, Jan De Nul Dredging, MEST EN AFVALVERWERKING, Envisan, Vlaamse Bagger Maatschappij, SCK INVEST, PSR +13 more
since 2024 · until 2030
Julie De Nul
Director
Also active at: DOCK-SITE, Lummerzheim & Co, LAMBRECHTS, Algemene Ondernemingen Soetaert, Jan De Nul, Jan De Nul Dredging, MEST EN AFVALVERWERKING, Envisan +18 more
since 2024 · until 2026
Director · represented by Paul Cordier
Also active at: DIMA IMMO, CoGiVa Groep, CoGiVa, CoYoTTo
since 2024 · until 2030
Director · represented by Julie De Nul
Also active at: DOCK-SITE, Lummerzheim & Co, LAMBRECHTS, Algemene Ondernemingen Soetaert, Jan De Nul, Jan De Nul Dredging, Envisan, Vlaamse Bagger Maatschappij +17 more
since 2026 · until 2030
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Tragel 60
9308 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 103 companies are registered at this address.
All companies at this address →DOCK-SITE same network
€ 1.5 million gross margin · 2025
Lummerzheim & Co same network
€ 4.5 million gross margin · 2025
LAMBRECHTS same network
€ -5,255 gross margin · 2025
Jan De Nul same network
€ 1.7 billion revenue · 2025
Jan De Nul Dredging same network
€ 70.4 million revenue · 2025
+98 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
- 0704.594.142
- VAT number
- BE 0704.594.142
- Registered office
- Tragel 60, 9308 Aalst
- Names & denominations
- Meurop 2020
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 September 2018
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
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