Equity
€94,722 ▲ 14.3%
EL MEIDA has made a profit without a break since 2020.
EL MEIDA
Lifetime
19 annual accounts with figures on one time axis, 24 filings since 2001peak €137,193 (2012)
€43,023▼ 68.5%
lowest -€18,895 (2008)
€11,861▼ 46.9%
peak €94,722 (2024)
€94,722▲ 14.3%
€6,059▼ 89.6%
peak 3.5 FTE (2015)
-not published
Board1 name since 2021
1 directorBoudraham Mohand
Documentsfilings and deeds
11-03-2026223 days late
2024micro format
Gross margin from €136,431 to €43,023Result from €22,322 to €11,861Equity from €82,861 to €94,722Debts from €58,155 to €6,059Cash from €62,660 to €26,051
Key points
from the 2024 annual accountsTurnover
≈ €210,000 estimated
The micro format states no turnover.
Liquidity
8.19 was 1.21 in 2023
Short-term debts fell from €56,683 to €6,059.
Filings
24 annual accounts 102 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
At the same address
12 companies
Position in the sector
90.1%
Higher solvency than 95% of companies in food and beverage service. Sector median 29.2% · 18,732 companies.
Checked score
54
Fair
Financially stronger than 77% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.5% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.6%
01-2025: 5.0%▲ +2.4 percentage points vs 12-2024highest value
02-2025: 0.7%▼ -4.3 percentage points vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.6%▼ -0.1 percentage points vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025lowest value
08-2025: 0.8%▲ +0.2 percentage points vs 07-2025
09-2025: 1.0%▲ +0.2 percentage points vs 08-2025
10-2025: 1.2%▲ +0.2 percentage points vs 09-2025
11-2025: 1.3%▲ +0.1 percentage points vs 10-2025
12-2025: 2.0%▲ +0.7 percentage points vs 11-2025
01-2026: 4.1%▲ +2.1 percentage points vs 12-2025
02-2026: 4.1%● unchanged vs 01-2026
03-2026: 4.2%▲ +0.1 percentage points vs 02-2026
04-2026: 1.9%▼ -2.3 percentage points vs 03-2026
05-2026: 1.8%▼ -0.1 percentage points vs 04-2026
06-2026: 1.7%▼ -0.1 percentage points vs 05-2026
07-2026: 1.7%● unchanged vs 06-2026
08-2026: 1.8%▲ +0.1 percentage points vs 07-2026
09-2026: 2.0%▲ +0.2 percentage points vs 08-2026
10-2026: 2.5%▲ +0.5 percentage points vs 09-2026
11-2026: 2.5%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 financial year not filed after the legal deadline; last filed accounts filed 223 days late; 3 of the last 3 accounts late
Size: total assets €105,081
lowers risk
Founded in 2000
Liquidity: current ratio 8.19, cash €26,051, halved
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 56, micro). It does better than 94% of them on solvency, 84% on liquidity, 69% on profitability and 60% on growth.
The bankruptcy probability was computed on 10-11-2026 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 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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, 31,368 companies had the same profile as EL MEIDA has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of EL MEIDA itself is higher: 2.5% within 12 months. It rests on far more data about EL MEIDA than the profile alone.
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 31,368 companies, not a prediction for EL MEIDA. 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 €5,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 8.19 (1.21 in 2023), above the usual 1.5. Short-term debt is 5.8% and cash 24.8% of total assets. 9.9% 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
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 102 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline10-11-2026 today
raises risk · 2024 accounts filed 223 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-03-2026, 223 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
223 days late
2023
159 days late
2022
42 days late
2021
33 days late
2020
2 days late
2019
69 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 88 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (1)
Recent changes
First establishment
Route du Condroz 6, Seraing
Incorporation
published on 23-12-2000 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EL MEIDA Seraing | €105,081 | €43,023 | 90.1% | - |
| BOUCKAERT Kluisbergen | €104,535 | €45,107 | 53.4% | - |
| LES FRANGINES Gouvy | €101,539 | €48,426 | 77.5% | - |
| LE PANORAMA Houffalize | €99,781 | €38,125 | 28.3% | - |
| BRIVAKE Ham-sur-Heure-Nalinnes | €96,738 | €48,717 | 70.3% | - |
| SHESAB Brussels | €103,076 | €49,466 | 77.6% | - |
| VISHANDEL CLAESSENS Antwerp | €101,908 | €35,817 | 20.6% | - |
These companies have the same main activity as EL MEIDA: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €96,700 and €105,000, founded between 1999 and 2002.
Official details
Source: KBO- Status
- Active since 14-12-2000Normal situation
- Registered office
- 13 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
- Activity
- Full-service restaurantsNACE 56111and 1 other
- Establishment unit
- 2.096.922.2444100 Seraing, since 06-02-2001
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on EL MEIDA
EL MEIDA files the micro format. That format states no turnover. The gross margin fell from €69,139 in 2006 to €43,023 in 2024.
The balance sheet grew most from 2014 to 2015 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 EL MEIDA
- What is the company number of EL MEIDA?
- The company number of EL MEIDA is 0473.523.415. The VAT number is the same number with BE in front: BE 0473.523.415.
- Where is EL MEIDA based?
- The registered office is at Route du Condroz 6, 4100 Seraing.Company details
- What does EL MEIDA do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of EL MEIDA?
- EL MEIDA is a private limited company (pre-2019) (BVBA).
- When was EL MEIDA founded?
- EL MEIDA was founded on 14-12-2000.
- Is EL MEIDA still active?
- Yes, EL MEIDA is an active enterprise in the KBO register.
- How many employees does EL MEIDA have?
- EL MEIDA had an average of 2.5 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of EL MEIDA?
- The turnover in financial year 2024 is ≈ €210,000. This figure is estimated from the gross margin of €43,023 and 60 comparable companies (NACE 56111). It probably lies between €160,000 and €280,000.
- Is EL MEIDA profitable?
- In financial year 2024, EL MEIDA made a profit of €11,861.
- Where can I find the annual accounts of EL MEIDA?
- EL MEIDA filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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