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!MPULS MENEN-WERVIK

Active
Private limited companyfounded 1968active for 58 yearsVolkslaan 302, 8930 Menen, BelgiumKBO/BCE: BE 0405.501.174
Summary

!MPULS MENEN-WERVIK has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62.4m and a net result of €1.2m, of which €1.2m non-recurring income. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 42% of 5,796 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active Normal situation
Activity
Real estate activities NACE 68202and 2 others
Establishment unit
2.229.617.650 8930 Menen, since 01-01-1968
Financial year end
31 December
Peppol
Reachable since 09-07-2025

Board and ownership

Auditor
VRC

Financial position

92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Turnover
€13.2m
▲ 3.3%
Profit
€1.2m
▲ 358%
Equity
€62.4m
▲ 2.8%
Total assets
€213.9m
▲ 5.8%
Staff
33.4 FTE
▲ 5.4%
Score breakdownraises riskLiquidity: current ratio 1.30, cash €9.2mlowers riskSize: turnover €13.2m, 33.4 FTE, total assets €213.9mFounded in 1968Sector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 60% of small companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency 54-1
equity 29.2% of total assets
Liquidity 55-4
short-term debt 4.8% · cash 4.3%
Profitability 56=
return on assets 0.6%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,995 companies, NACE 68, small)
Last 24 months 12-2024: 0.2%highest value 01-2025: 0.1%▼ -0.1 percentage points vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025lowest value 03-2025: 0.1%● unchanged vs 02-2025lowest value 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.2%▲ +0.1 percentage points vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €1,300,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.3 (1.92 in 2024), below the usual 1.5. Short-term debt is 4.8% and cash 4.3% of total assets. 70.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 49% of them on solvency, 80% on liquidity, 56% on profitability and 54% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.30, cash €9.2m
NBB · annual accounts
lowers risk · Size: turnover €13.2m, 33.4 FTE, total assets €213.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1968
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Sector: Real estate activities (NACE 68)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-05-2026, 79 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
79 days early
2024
77 days early
2023
70 days early
2022
69 days early
2021
73 days early
2020
58 days early
2019
53 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 68 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Result rose in 2025mostly from a one-off income of €1.2m ▲ 358% View
  • Positive: Largest company by total assets in Menen, Real estate sectorin the Checked rankings No. 1 View
  • Flemish supportawarded from 2022 to 2025 €13.1m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Board changedlatest change 26-10-2026 · 10 in office 1 joined · 1 left View
  • Positive: 6 profitable years in a rowprofit 2025: €1.2m, mostly one-off 6 years View

Recent changes

  1. · Gazette deed Resignation: Olivier Libbrecht (director)Appointment: Jason Vandamme (director)
  2. · Gazette deed Capital & shares
  3. · Gazette deed Capital & shares · Resignations & appointments
All 34 events

Comparable companies

These companies have the same main activity as !MPULS MENEN-WERVIK: real estate activities (NACE 68202). They are comparable in size and age: total assets between €129m and €304m, founded between 1923 and 1968.

CompanyTotal assetsTurnover
!MPULS MENEN-WERVIK Menen€213.9m€13.2m
Woonstroom Duffel€204.0m€16.0m
Thuisrand Antwerpen€143.4m€11.2m
Woonmaatschappij VIVUS Harelbeke€304.0m€19.5m
WM Elan Zwevegem€179.4m€11.0m
Ons Onderdak Ieper€136.8m€11.5m
LA MAISON DES HOMMES Flémalle€128.5m€10.1m
Full comparison

Key facts about !MPULS MENEN-WERVIK

What is the company number of !MPULS MENEN-WERVIK?
The company number of !MPULS MENEN-WERVIK is 0405.501.174. The VAT number is the same number with BE in front: BE 0405.501.174.
Where is !MPULS MENEN-WERVIK based?
The registered office is at Volkslaan 302, 8930 Menen.Company details
What does !MPULS MENEN-WERVIK do?
According to the KBO register, the main activity is real estate activities (NACE 68202).
What is the legal form of !MPULS MENEN-WERVIK?
The legal form of !MPULS MENEN-WERVIK is Private limited company (BV).
When was !MPULS MENEN-WERVIK founded?
!MPULS MENEN-WERVIK was founded on 01-01-1968.
Is !MPULS MENEN-WERVIK still active?
Yes, !MPULS MENEN-WERVIK is an active enterprise in the KBO register.
How many employees does !MPULS MENEN-WERVIK have?
!MPULS MENEN-WERVIK had an average of 33.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of !MPULS MENEN-WERVIK?
The turnover of !MPULS MENEN-WERVIK was €13.2m in financial year 2025, according to the filed annual accounts.
Is !MPULS MENEN-WERVIK profitable?
In financial year 2025, !MPULS MENEN-WERVIK made a profit of €1.2m.
Where can I find the annual accounts of !MPULS MENEN-WERVIK?
!MPULS MENEN-WERVIK filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of !MPULS MENEN-WERVIK due?
!MPULS MENEN-WERVIK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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