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 52 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
30 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Meuse Finco from Liège, company number BE0778734311, closed financial year 2025 with a result of € 3.4 million after tax. For that financial year Meuse Finco recorded revenue of € 482,549 and equity of € 113,217. Compared with financial year 2024, the result moved from € 1.2 million to € 3.4 million. Profitable, and profit is growing. 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 June 15, 2026.
€ 113,217
▲ € 3.4 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.4 million
▲ 178% vs 2024
Profit after tax over the fiscal year.
€ 6.7 million
▲ 109% 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 € 51,717.
People and assets in 2025
2.6
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 244,285
▼ 4% vs 2024
€ 94,000 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.
Debts at end 2025
€ 400 million
▲ 31% vs 2024
Loans from banks and other lenders, long and short.
€ 40,378
▲ 62% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 35 days on average.
€ 611,370
▼ 27% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | - | € 533,812 | € 482,549 | ▼ 10% |
| Profit after taxes | € -3,057,220 | € 1,233,274 | € 3,432,311 | ▲ 178% |
| Equity | € -2,995,720 | € -3,319,094 | € 113,217 | ▲ € 3.4 million |
| Total debts | € 451,434,256 | € 859,081,317 | € 806,495,855 | ▼ 6% |
| Cash | € 9,581,819 | € 3,223,223 | € 6,726,410 | ▲ 109% |
| Retained profit | € -3,057,220 | € -3,380,594 | € 51,717 | ▲ € 3.4 million |
| Bank debt | € 306,000,000 | € 306,000,000 | € 400,000,000 | ▲ 31% |
| Balance sheet total | € 448,438,536 | € 855,762,223 | € 806,609,072 | ▼ 6% |
| Employees (FTE) | 0.9 | 2.1 | 2.6 | ▲ 0.5 |
Key figures of Meuse Finco, 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 Meuse Finco?
What happened at Meuse Finco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- EMMANUEL MEWISSEN stepped down as director. NBB
- Nicolas LEONARD stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.4 million (▲ 178% vs 2024). Source: NBB ↗
- EMMANUEL MEWISSEN became a director. NBB
- Nicolas LEONARD became a director. NBB
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.1 million loss in 2022 to € 3.4 million profit in 2025.
Paid € 356,362 in corporate taxes since 2022.
Best year ever: 2025, with € 3.4 million profit.
Pays suppliers within 35 days on average.
A new publication or filing at Meuse Finco? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Meuse Bidco comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Meuse FincoThe shares are held by Meuse Bidco (100%).
Directors
According to the 2025 annual accounts
EMMANUEL MEWISSEN
Director
Also active at: EURO 78, GAMES SERVICES, ODDS SPORTSBAR, CASINO DE SPA, SLOTS, PRES CARATS SPORTS, WINVEST, PARC D'ATTRACTION LIEGEOIS +17 more
since 2022 · until 2028
Nicolas LEONARD
Director
Also active at: EURO 78, GAMES SERVICES, ODDS SPORTSBAR, CASINO DE SPA, PRES CARATS SPORTS, WINVEST, PARC D'ATTRACTION LIEGEOIS, CIRCUS BELGIUM +11 more
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue des Guillemins 129
4000 Liège
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 30 companies are registered at this address.
All companies at this address →EURO 78 same network
€ 1.1 million revenue · 2025
GAMES SERVICES same network
€ 2.2 million revenue · 2025
SLOTS same network
€ 3.8 million revenue · 2025
PRES CARATS SPORTS same network
€ 1.8 million revenue · 2025
PARC D'ATTRACTION LIEGEOIS same network
€ 733,868 revenue · 2025
+25 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
- 0778.734.311
- VAT number
- BE 0778.734.311
- Registered office
- Rue des Guillemins 129, 4000 Liège
- Names & denominations
- Meuse Finco
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 2021
- Peppol
- Active · Active since 14 Nov 2025
- Contact
- [email protected] 00 32 4 228 32 00
- Activities · NACE
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