Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 48 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MELIS-VANDECRUYS from Wetteren, company number BE0849945573, closed financial year 2025 with a result of € 5.1 million after tax. For that financial year MELIS-VANDECRUYS recorded a gross margin of € 8.3 million and equity of € 9.4 million. Compared with financial year 2024, the result moved from € 241,671 to € 5.1 million. 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 May 18, 2026.
€ 9.4 million
▲ 118% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5.1 million
▲ € 4.8 million vs 2024
Profit after tax over the fiscal year.
€ 552,696
▲ 194% 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 € 8.3 million.
People and assets in 2025
0
▼ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 998
▼ 98% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 15,438
▲ € 11,738 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7.7 million
▼ 50% vs 2024
€ 1.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 137,040
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 221,816
▲ 215% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 2,417,193 | - | - | - | |
| Gross margin | - | € 2,259,322 | € 2,383,634 | € 8,307,499 | ▲ 249% |
| Profit after taxes | € 235,201 | € 422,814 | € 241,671 | € 5,061,856 | ▲ € 4.8 million |
| Equity | € 5,235,665 | € 4,058,479 | € 4,300,150 | € 9,362,006 | ▲ 118% |
| Total debts | € 12,470,465 | € 17,125,125 | € 15,567,738 | € 8,105,077 | ▼ 48% |
| Cash | € 237,924 | € 977,330 | € 187,949 | € 552,696 | ▲ 194% |
| Land & buildings | € 14,707,159 | € 18,690,095 | € 17,220,870 | € 7,411,136 | ▼ 57% |
| Retained profit | € 3,834,739 | € 2,780,386 | € 3,144,891 | € 8,329,580 | ▲ 165% |
| Dividend | € 0 | € 1,600,000 | € 0 | € 0 | |
| Bank debt | € 12,114,818 | € 16,720,640 | € 15,309,989 | € 7,729,807 | ▼ 50% |
| Balance sheet total | € 18,187,437 | € 21,713,793 | € 20,332,283 | € 19,124,922 | ▼ 6% |
| Employees (FTE) | 1 | 1 | 1 | 0 | ▼ 1 |
Key figures of MELIS-VANDECRUYS, 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 MELIS-VANDECRUYS?
What happened at MELIS-VANDECRUYS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5.1 million (▲ € 4.8 million vs 2024). Source: NBB ↗
- M.Melis BV became a director. NBB
- Ann Steenbrugghe became a director. NBB
- New establishment in Wetteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 235,201 profit in 2022 to € 5.1 million profit in 2025.
Paid € 1.1 million in corporate taxes since 2022.
Best year ever: 2025, with € 5.1 million profit.
On average € 2.4 million of value added per employee in 2024.
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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 Fedrus International, KOIBA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MELIS-VANDECRUYSBehind MELIS-VANDECRUYS are M.Melis BV and Ann Steenbrugghe. The shares are held by Fedrus International (50%) and KOIBA (50%).
Directors
According to the 2025 annual accounts
since 2023
Ann Steenbrugghe
Director
Owns 0.1% via KOIBA
Also active at: SPOORGOED, KOIBA, Fedrus International, TRANTES
since 2023
Shareholders
KOIBA · holding of Ann Steenbrugghe
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vantegemstraat 9
9230 Wetteren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0849.945.573
- VAT number
- BE 0849.945.573
- Registered office
- Vantegemstraat 9, 9230 Wetteren
- Names & denominations
- MELIS-VANDECRUYS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 October 2012
- Peppol
- Active · Active since 14 Oct 2025
- Contact
- 09/321.99.21
- Activities · NACE
Handel in eigen onroerend goed
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen