ACTIVE

MEERSTEEN

Financial year 2025 · closed on 30/04/2025
Net result
1,6 M €
+264.4% YoY
Gross margin
-30,4 k €
+92.0% YoY
Equity
20,1 M €
+8.6% YoY
Workforce
4,0 ETP
+14.3% YoY

What does MEERSTEEN do?

MEERSTEEN is a Public limited company incorporated in 2006. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Herent. It employs on average 4,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0883.543.702
Incorporation
31/08/2006
Legal form
Public limited company
Registered office
Tweebruggenstraat 67
3020 Herent · FlandreSee on map
Contributed capital
3 085 000,00 €
Latest accounts
30/04/2025
Average workforce
4,0 ETP
Joint committees (1)
  • 323
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021201920182017201520142013201120102009200820072006
Income statement
Gross margin-30,4 k €-379,2 k €-3,6 k €223,5 k €7,1 k €-164,6 k €87,7 k €145,8 k €801,5 k €1,5 M €-16,7 k €52,3 k €-3,1 k €-6,3 k €-1,3 k €-11,9 k €
EBITDA-421,2 k €-719,6 k €-327 k €-194,3 k €-258,6 k €-385,1 k €-146,6 k €456,1 k €-102,7 k €573,6 k €1,4 M €-17,5 k €51,4 k €-4 k €-7,1 k €-1,6 k €-12,2 k €
Operating result-544,4 k €-831,8 k €-425,1 k €-411,1 k €-305,9 k €-426,3 k €-200,8 k €390,6 k €-127,6 k €501,3 k €1,4 M €-17,5 k €51,4 k €-4 k €-7,1 k €-1,6 k €-12,2 k €
Net result1,6 M €-968,6 k €-396,5 k €434,3 k €270,6 k €-799,7 k €17,5 M €232,1 k €-291,8 k €173,3 k €885,3 k €-227,6 k €-97,6 k €-4 k €-7,1 k €-1,7 k €-12,2 k €
Balance sheet
Equity20,1 M €18,5 M €19,4 M €19,8 M €19,4 M €19,7 M €20,5 M €3,5 M €3,3 M €3,6 M €3,4 M €2,7 M €3 M €6,1 M €6,1 M €6,1 M €6,1 M €
Total assets31,3 M €29,6 M €28,5 M €27,9 M €27,6 M €28 M €29,3 M €8,3 M €7,9 M €8 M €8,1 M €7,3 M €7 M €7 M €7 M €6,1 M €6,1 M €
Cash1,4 M €970,5 k €1,8 M €1,7 M €4,9 M €7,9 M €14,6 M €295,1 k €59,5 k €41,9 k €107,5 k €58,5 k €4,3 k €7,9 k €1,4 k €972,7 €1,5 k €
Debts11,2 M €10,8 M €9 M €8 M €8,2 M €8 M €8,7 M €4,8 M €4,6 M €4,4 M €4,7 M €4,5 M €4 M €897,1 k €895,1 k €31,3 k €8,9 k €
Other
Workforce4,0 ETP3,5 ETP3,5 ETP3,5 ETP3,5 ETP2,8 ETP2,5 ETP3,6 ETP4,0 ETP4,1 ETP2,6 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/04/2025 · 1 active · 31 ended

Active mandates

DERDEC

Director · 0505.916.762

Represented by Danielle Dereymaeker

Active

Ended mandates

Maarten Decabooter

Mandate · since 29 janvier 2021

Ended
Steven Decabooter

Mandate · since 29 janvier 2021

Ended
Tom Decaboooter

Mandate · since 29 janvier 2021

Ended
Maarten Decabooter

Manager · since 01 juillet 2016

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/05/202401/05/202301/05/202201/05/202101/05/202001/05/2019
Closing of the financial year30/04/202530/04/202430/04/202330/04/202230/04/202130/04/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date12/12/202509/12/202418/12/202315/12/202230/11/202110/11/2020
General meeting22/10/202522/10/202423/10/202322/10/202222/10/202122/10/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/04/202522/10/202512/12/2025DutchPDF
Abridged model30/04/202422/10/202409/12/2024DutchPDF
Abridged model30/04/202323/10/202318/12/2023DutchPDF
Abridged model30/04/202222/10/202215/12/2022DutchPDF
Abridged model30/04/202122/10/202130/11/2021DutchPDF
Abridged model30/04/202022/10/202010/11/2020DutchPDF
Abridged model30/04/201922/10/201922/11/2019DutchPDF
Abridged model30/04/201822/10/201816/11/2018DutchPDF
Full model30/04/201723/10/201727/11/2017DutchPDF
Abridged model31/05/201515/10/201516/10/2015DutchPDF
Abridged model31/05/201415/10/201425/11/2014DutchPDF
Abridged model31/05/201315/10/201314/11/2013DutchPDF
Abridged model15/12/201115/05/201221/05/2012DutchPDF
Abridged model15/12/201016/05/201109/06/2011DutchPDF
Abridged model15/12/200915/05/201017/06/2010DutchPDF
Abridged model15/12/200815/05/200929/05/2009DutchPDF
Abridged model15/12/200715/05/200811/07/2008DutchPDF
Abridged model15/12/200615/05/200722/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/04/2025 · 1 active · 31 ended

Active mandates

DERDEC

Director · 0505.916.762

Represented by Danielle Dereymaeker

Active

Ended mandates

Maarten Decabooter

Mandate · since 29 janvier 2021

Ended
Steven Decabooter

Mandate · since 29 janvier 2021

Ended
Tom Decaboooter

Mandate · since 29 janvier 2021

Ended
Maarten Decabooter

Manager · since 01 juillet 2016

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/11/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/02/2020
    BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Other08/12/2017
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates08/12/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office11/01/2017
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates04/04/2016
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,6 M €
  2. 2024
    Annual accounts 2024-968,6 k €
  3. 2023
    Annual accounts 2023-396,5 k €
  4. 2022
    Annual accounts 2022434,3 k €
  5. 2021
    Annual accounts 2021270,6 k €
  6. 2019
    Annual accounts 2019-799,7 k €
  7. 2018
    Annual accounts 201817,5 M €
  8. 2017
    Annual accounts 2017232,1 k €
  9. 2015
    Annual accounts 2015-291,8 k €
  10. 2014
    Annual accounts 2014173,3 k €
  11. 2013
    Annual accounts 2013885,3 k €
  12. 2011
    Annual accounts 2011-227,6 k €
  13. 2010
    Annual accounts 2010-97,6 k €
  14. 2009
    Annual accounts 2009-4 k €
  15. 2008
    Annual accounts 2008-7,1 k €
  16. 2007
    Annual accounts 2007-1,7 k €
  17. 2006
    Annual accounts 2006-12,2 k €
  18. 31/08/2006
    IncorporationPublic limited company