The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 2,333 companies had the same profile as MEAD has now. Each dot stands for 6 companies, two years later.
90.6%
were still trading
5.8%
stopped another way
2.8%
went bankrupt
Micro
10 to 20 years old
negative equity
a small loss
Another 0.8% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
The companies in ten equal groups, from the lowest to the highest expected share
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
2.9%
3.1%
10
5.6%
6.1%
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 2,333 companies, not a prediction for MEAD. 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 verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0842394520
1 director appointed, 1 resignation, 1 reappointment
Resignation: Name after signing inVisible after signing in · Reappointment: Name hiddenVisible after signing in (class A director) · Appointment: Hidden nameVisible after signing in (class B director) · General meeting of 27-02-2025 · Gazette deed
First establishment
Chaussée de Bruxelles 314A, Waterloo
Incorporation
published on 16-01-2012 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as MEAD: launderettes and laundries for private customers (NACE 96102). They are comparable in size and age: total assets between €113,000 and €181,000, founded between 2006 and 2014.
The company number of MEAD is 0842.394.520. The VAT number is the same number with BE in front: BE 0842.394.520.
Where is MEAD based?
The registered office is at Chaussée de Bruxelles 314, 1410 Waterloo.Company details
What does MEAD do?
According to the KBO register, the main activity is launderettes and laundries for private customers (NACE 96102).
What is the legal form of MEAD?
MEAD is a private limited company (BV).
When was MEAD founded?
MEAD was founded on 22-12-2011.
Is MEAD still active?
Yes, MEAD is an active enterprise in the KBO register.
What is the turnover of MEAD?
The turnover in financial year 2026 is ≈ €110,000. This figure is estimated from the gross margin of €36,290 and 51 comparable companies (NACE 96). It probably lies between €79,000 and €150,000.Financials
Is MEAD profitable?
In financial year 2026, MEAD made a loss of €3,517.
Where can I find the annual accounts of MEAD?
MEAD filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of MEAD due?
MEAD must file the annual accounts for financial year 2027 by 31-10-2027.Timeline