Financials
- Fiscal year
- 2025
- Total assets
- €5.3m
- Loss
- -€17,871
- Solvency
- -28.2%
Total assets▼ 9.1%
Net result
20182025
ME WE Project
ActiveSummary
ME WE Project has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1.5m) and a net result of -€17,871. Equity is shrinking by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 717 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
What they do
Artisanal bread and fresh pastry making
NACE 10712NACE 15812
2 sites
How big
€5.3mtotal assets 2025
- Equity
- -€1.5m
- Loss
- -€17,871
Who decides
- Parent
- NOVO BELGIUM HOLDING · 100%
- Holdings
- 1
Accounts filed 61 d late0 of 5 deeds read
Why 32- Higher-failure-rate region- Higher-failure-rate sector- Multiple establishment units- Annual accounts: weaker financial profile- Negative equity+ Long track record+ Lower-risk legal formFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability42▲+17
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.05 against 0.13 in 2024; short-term debt: 77.6% and cash: 1.6% of total assets), and equity is negative.
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Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← 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 dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-28.2%
Return on assets
-0.3%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€1.5m
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
61 d late
2024
30 d late
2023
75 d late
2022
32 d late
2021
317 d late
2020
121 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 104 days after the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 30 September (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- Annual accounts filedfiscal year 2024 · full…
- Annual accounts filedfiscal year 2023 · micro…
Key points
- Risk: Negative equityfiscal year 2025: debts exceed assets -€1.5m View
- Risk: 6 loss-making years in a rowloss fiscal year 2025 -€17,871 View
- Caution: Among the weakest 5% on solvencysector median 39.4% · 717 companies -28.2% View
- Positive: Result rose in 2025from -€146,548 to -€17,871 ▲ 87.8% View
- Caution: Latest accounts filed lateafter the legal deadline 61 d View
- Controlled by NOVO BELGIUM HOLDINGitself parent of 2 companies 100% View
By topic
Board & ownership
- Parent
- NOVO BELGIUM HOLDING · 100%
Network & group
- Subsidiaries
- 2
- Holdings
- 1
2 subsidiaries
Timeline
- Events
- 11
- Since
- 2017
- Next accounts
- by 31-07-2027
- 30-09-2026Annual accounts filed
- 30-08-2025Annual accounts filed
- 14-10-2024Annual accounts filed
Company details
- Sites
- 2
- Legal form
- Public limited company
- Activity
- Artisanal bread and fresh pastry makingNACE 10712
- Founded
- 19-09-1994
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?NOVO BELGIUM HOLDING · 13 companies How does this company compare with its sector?Sector benchmark
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