Equity
€130,506 ▲ 3.8%
MEP has made a profit without a break since 2019.
MEP
Lifetime
17 annual accounts with figures on one time axispeak €55,056 (2022)
€40,213▲ 18.0%
lowest -€12,655 (2018)
€4,752▲ 436%
peak €130,506 (2025)
€130,506▲ 3.8%
€190,457▼ 11.6%
Board1 name since 2022
1 directorHOFFMAN Monique
Documentsfilings and deeds
14-11-202514 days late
2025abbreviated format
Gross margin from €34,067 to €40,213Result from €886 to €4,752Change of role: HOFFMAN Monique, from manager to director 10-01Cash from €516 to €1,861
Key points
from the 2025 annual accountsChecked score
69
Healthy
Financially stronger than 50% of micro companies in wholesale trade (NACE 46)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,888 companies (NACE 46, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.4%
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.5%▲ +0.1 percentage points vs 09-2025
11-2025: 0.9%▲ +0.4 percentage points vs 10-2025highest value
12-2025: 0.3%▼ -0.6 percentage points vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026lowest value
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.7%▲ +0.4 percentage points vs 09-2026
11-2026: 0.7%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Figures for financial year 2025 (filed on 15-11-2025)
Liquidity: current ratio 1.16, cash €1,861
lowers risk
Size: total assets €320,963
Founded in 2007
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 46, micro). It does better than 49% of them on solvency, 44% on liquidity, 55% on profitability and 52% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-03-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 10,904 companies had the same profile as MEP has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of MEP itself: 0.7% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for MEP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.16 (1.03 in 2024), below the usual 1.5. Short-term debt is 18.8% and cash 0.6% of total assets. 59.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 14 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 14-11-2025, 14 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2026
not filed
2025
14 days late
2024
on the day
2023
on the day
2022
9 days late
2021
2 days early
2020
10 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 5 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0893146405
Change of role: HOFFMAN Monique, from manager to director
Director discharge: HOFFMAN Monique (manager) · General meeting of 16-04-2024 · Gazette deed
Incorporation
published on 08-11-2007 · Gazette deed
First establishment
Terbiest 273, Sint-Truiden
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MEP Sint-Truiden | €320,963 | €40,213 | 40.7% | - |
| ABALONE Bruges | €299,653 | €48,043 | 14.2% | - |
| A.H.G. Antwerp | €276,008 | €39,297 | 24.2% | - |
| ROISIN BOISSONS SERVICES Honnelles | €310,987 | €41,054 | 47.2% | - |
| GEERKENS DRANKENHAL Oudsbergen | €193,665 | €55,856 | 71.2% | - |
| Halen Breweries Halen | €231,993 | €43,513 | -90.5% | - |
| BC & L Peer | €441,070 | €77,070 | 49.5% | - |
These companies have the same main activity as MEP: wholesale of beverages, general range (NACE 46349). They are comparable in size and age: total assets between €194,000 and €441,000, founded between 2000 and 2010.
Official details
Source: KBO- Status
- Active since 29-10-2007Normal situation
- Activity
- Wholesale of beverages, general rangeNACE 46349and 2 others
- Establishment unit
- 2.171.056.7703800 Sint-Truiden, since 29-10-2007
- Financial year end
- 31 March
- Peppol
- Reachable since 02-12-2025
Insights on MEP
MEP files the abbreviated format. That format states no turnover. The gross margin rose from €27,689 in 2009 to €40,213 in 2025.
The balance sheet grew most from 2015 to 2017 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MEP
- What is the company number of MEP?
- The company number of MEP is 0893.146.405. The VAT number is the same number with BE in front: BE 0893.146.405.
- Where is MEP based?
- The registered office is at Terbiest 273, 3800 Sint-Truiden.Company details
- What does MEP do?
- According to the KBO register, the main activity is wholesale of beverages, general range (NACE 46349).
- What is the legal form of MEP?
- MEP is a private limited company (BV).
- When was MEP founded?
- MEP was founded on 29-10-2007.
- Is MEP still active?
- Yes, MEP is an active enterprise in the KBO register.
- What is the turnover of MEP?
- The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €40,213 and 34 comparable companies (NACE 463). It probably lies between €160,000 and €680,000.Financials
- Is MEP profitable?
- In financial year 2025, MEP made a profit of €4,752.
- Where can I find the annual accounts of MEP?
- MEP filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
Next steps
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