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 54 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MEY from Hasselt, company number BE0870899256, closed financial year 2025 with a result of € 11,539 after tax. For that financial year MEY recorded a gross margin of € 334,854 and equity of € 2.4 million. Compared with financial year 2024, the result moved from € -292,916 to € 11,539. 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 January 29, 2026.
€ 2.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,539
▲ still € 292,916 loss in 2024
Profit after tax over the fiscal year.
€ 847,534
▼ 20% 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 € 2.4 million.
People and assets in 2025
3
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 252,744
▼ 2% vs 2024
€ 84,200 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.
€ 204,475
▼ 2% vs 2024
Of which on lease € 16,123.
Debts at end 2025
€ 1.2 million
▼ 46% vs 2024
€ 7,360 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 21,237
▼ 94% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,843
▼ 18% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,514,552 | € 547,603 | € 28,312 | € 334,854 | ▲ € 306,542 |
| Profit after taxes | € 972,159 | € 207,399 | € -292,916 | € 11,539 | ▲ € 304,456 |
| Equity | € 2,486,346 | € 2,693,745 | € 2,400,829 | € 2,412,368 | |
| Total debts | € 6,756,737 | € 1,948,548 | € 3,087,831 | € 2,091,838 | ▼ 32% |
| Cash | € 3,460,724 | € 637,109 | € 1,055,263 | € 847,534 | ▼ 20% |
| Retained profit | € 2,467,796 | € 2,675,195 | € 2,382,279 | € 2,393,818 | |
| Bank debt | € 5,513,310 | € 885,844 | € 2,291,680 | € 1,230,943 | ▼ 46% |
| Balance sheet total | € 9,243,084 | € 4,642,293 | € 5,488,660 | € 4,504,206 | ▼ 18% |
| Employees (FTE) | 3 | 3.3 | 3.6 | 3 | ▼ 0.6 |
Key figures of MEY, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to MEY?
What happened at MEY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,539. Source: NBB ↗
- New establishment in Hasselt. KBO
- An Vanhees became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
- Jean-Pierre Nulens became a director. NBB
In short
From € 972,159 profit in 2022 to € 11,539 profit in 2025.
Paid € 354,574 in corporate taxes since 2022.
Best year ever: 2022, with € 972,159 profit.
On average € 111,600 of value added per employee in 2025.
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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
Behind MEY are Jean-Pierre Nulens and An Vanhees.
Directors
According to the 2025 annual accounts
Jean-Pierre Nulens
Director
since 2004
An Vanhees
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Stokerijstraat 73 box 4.03
3500 Hasselt
Ridderstraat 25
3500 Hasselt
Active since 1 July 2025
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0870.899.256
- VAT number
- BE 0870.899.256
- Registered office
- Stokerijstraat 73 bus 4.03, 3500 Hasselt
- Names & denominations
- MEY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 2004
- Peppol
- Active · Active since 11 Aug 2025
- Activities · NACE
Plaatsen van vloer- en wandtegels
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Handel in onroerend goed