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M.E.S.

Active
Private limited companyfounded 198541 yrs activeWilgenlaan 40, 2940 Stabroek, BelgiumKBO/BCE: BE 0427.771.681

The annual accounts of M.E.S. for fiscal year 2025 show a net loss of 86% of total assets and of 55% of the equity at the start of that year. The 2025 annual accounts show equity of €25k and a net result of €-30k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 61% of 16941 sector peers (fiscal year 2025). The company has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
59 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency95▼-5
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.54 against 5.97 in 2024; short-term debt: 29.6% and cash: 23.4% of total assets), and 29.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 41 years 0 50 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
70.4%
Return on assets
-85.5%
Age of the figures
9 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
72 d early
2023
75 d early
2022
66 d early
2021
60 d early
2020
64 d early
2019
100 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€25k▼ 54.8%
2024 · €55k
2018: €41k 2019: €44k 2020: €43k 2021: €46k 2022: €46k 2023: €35k 2024: €55k
2018 → 2025
Total assets
€35k▼ 43.2%
2024 · €62k
2018: €45k 2019: €53k 2020: €50k 2021: €67k 2022: €54k 2023: €42k 2024: €62k
2018 → 2025
Net result
€-30k
2024 · €20k
2018: €950 2019: €4k 2020: €-1k 2021: €3k 2022: €-107 2023: €-11k 2024: €20k
2018 → 2025
Working capital
€6k▼ 84.0%
2024 · €35k
2018: €43k 2019: €44k 2020: €43k 2021: €44k 2022: €44k 2023: €34k 2024: €35k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€46k-€46k▼ 0.2%€35k▼ 24.4%€55k▲ 57.2%€25k▼ 54.8%
Operating result€4k-€406▼ 90.0%€-11k€22k€-29k
Net result€3k-€-107€-11k▼ 10,343%€20k€-30k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20kOperating result 2021: €4k€4kNet result 2021: €3k€3kOperating result 2022: €406€406Net result 2022: €-107€-107Operating result 2023: €-11k€-11kNet result 2023: €-11k€-11kOperating result 2024: €22k€22kNet result 2024: €20k€20kOperating result 2025: €-29k€-29kNet result 2025: €-30k€-30k20212022202320242025
The operating result turns negative in 2025: a loss of €29k after €22k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €35k
Fixed assets €19k▼ 3.1%
Current assets €16k▼ 62.0%
Equity and liabilities €35k
Equity €25k▼ 54.8%
Debt €10k▲ 47.6%
The debt ratio rises from 11.4% to 29.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-24k
2024 · €25k
Cash flow
€-25k
2024 · €22k
Solvency
70.4%
2024 · 88.6%
Current ratio
1.54
2024 · 5.97
Quick ratio
1.54
2024 · 5.97
Debt / equity
0.42
2024 · 0.13
ROE
-121.5%
2024 · 36.4%
ROA
-85.5%
2024 · 32.3%
Interest coverage
-18.07
2024 · 108.72
Debt
€10k
2024 · €7k
Debt ≤ 1 year
€10k
2024 · €7k
Income taxes
€0
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€62k€35k
Fixed assets21/28€20k€19k
Intangible fixed assets21€19k€15k
Tangible fixed assets22/27€260€4k
Plant, machinery and equipment23-€4k
Furniture and vehicles24€260€0
Current assets29/58€42k€16k
Amounts receivable within one year40/41€10k€7k
Trade receivables40€8k€7k
Other amounts receivable41€2k€222
Current investments50/53€0-
Cash at bank and in hand54/58€32k€8k
Deferred charges and accrued income490/1€224€495
Equity and liabilities
Total equity and liabilities10/49€62k€35k
Equity10/15€55k€25k
Contributions10/11€19k€19k=
Reserves13€25k€25k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€25k€25k=
Profit (loss) carried forward14€12k€-18k
Amounts payable17/49€7k€10k
Amounts payable within one year42/48€7k€10k
Financial debts43€443€1k
Credit institutions430/8€443€1k
Trade debts44€2k€5k
Suppliers440/4€2k€5k
Taxes, remuneration and social security45€2k€737
Taxes450/3€2k€737
Other amounts payable47/48€2k€4k
Income statement Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€5k
Other operating charges640/8€2k€520
Gross operating margin9900€27k€-23k
Operating profit (loss)9901€22k€-29k
Financial income75/76B€41€0
Recurring financial income75€41€0
Financial charges65/66B€227€1k
Recurring financial charges65€227€1k
Profit (loss) for the period before taxes9903€22k€-30k
Income taxes67/77€2k€0
Profit (loss) for the period9904€20k€-30k
Profit (loss) for the period to be appropriated9905€20k€-30k
Appropriation of the result
Profit (loss) to be appropriated9906€12k€-18k
Profit (loss) brought forward from the previous period14P€-8k€12k

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €-30k ▼251%
Net result drops to €-30k, the lowest in the series.
20-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €20k
Net result €20k after 2 loss-making years.
17-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
26-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Liquidity doublescurrent ratio 6.21
Current ratio from 3.07 to 6.21; short-term debt falls from €21k to €8k.
01-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €3k
Net result €3k after one loss-making year.
28-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
08-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 100 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
21-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Stabroek · 1 establishment unit since 1985
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Wilgenlaan 402940 Stabroek
Ground area
251 m²
Building footprint
180 m²
Volume, LiDAR
1,598 m³
Parcel 11020I0388/00D004, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Wilgenlaan 40, 2940 Stabroek
NACE 51640
since 19852.102.528.844
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11020I0388/00D004 Flanders 251 m² 1 · 180 m² 9.5 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 9,000 EUR awarded · 9,000 EUR paid
Year Entries awardedpaid
2025 1 9,000 EUR9,000 EUR
Schemes
Subsidies voor internationaal ondernemen
1 entry · 9,000 EUR · 9,000 EUR paid · Vlaams Agentschap voor Internationaal Ondernemen

Similar companies · same sector, comparable size

Of 3,211 companies in sector 62900 we hold annual accounts for 1,741. 1,194 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded09-09-1985
Fiscal year end31-12
Activities, NACEBEL
62900Other information technology and computer services
72600
46649Wholesale of other machinery and equipment
51873
85409Education
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.