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MEAD

Active Private limited companyfounded 2011active for 14 yearsChaussée de Bruxelles 314, 1410 WaterlooKBO/BCE: BE 0842.394.520

Lifetime

14 annual accounts with figures on one time axis
peak €56,444 (2024)
€36,290▲ 3.3%
lowest -€29,431 (2021)
-€3,517▲ €4,467
peak €19,135 (2020)
-€4,719▼ €3,517
€139,191▼ 2.2%
peak 0.5 FTE (2013)
-not published
Board3 names since 2019
2 directors and 1 other
Documentsfilings and deeds
29-10-20262 days before the deadline
2026micro format
Loss of €3,517Equity from -€1,202 to -€4,719Cash from €9,850 to €66

Key points

from the 2026 annual accounts

Equity

-€4,719
202120222023202420252026

Debts exceed assets in financial year 2026.

Losses

-€11,501 in two years
-7,9842025-3,5172026

The 2025 and 2026 financial years closed with a loss. 2025 was the heaviest.

Turnover

≈ €110,000 estimated

The micro format states no turnover.

Debts

€139,191 104% of the balance sheet
Financial debts 44%Suppliers 15%Taxes and wages 18%Other 22%

Of this, €82,348 falls due within a year.

Filings

14 annual accounts since 2013
deadline201520202025

Two of the last ten came late. The 2021 accounts came latest: 2 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

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

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Signals

Board and ownership

Director
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0842394520
1 director appointed, 1 resignation, 1 reappointment Resignation: · Reappointment: (class A director) · Appointment: (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
All 24 events

Comparable companies

same main activity, similar in size and age
Company
MEAD Waterloo - - -3.5% -
Community Invest Nazareth-De Pinte €83,417 25.1% 86.8% -
Jeli Group Pittem - - 15.1% -
GHARRAFI TAILORING Tubize - - 84.1% -
WAAN Hasselt €111,780 -13.1% 53.7% -
AGILUS Tremelo - - 82.3% -
DECULEM De Panne - - 39.7% -

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.

Official details

Source: KBO
Status
Active since 22-12-2011Normal situation
Activity
Launderettes and laundries for private customersNACE 96102and 4 others
Establishment unit
2.207.958.0451410 Waterloo, since 01-01-2012
Financial year end
31 March
Peppol
Reachable since 15-12-2025
Company details

Annual accounts to 31-03-2026

€134,472▼ 4.7%
Filing
Filed on 29-10-2026, 2 days before the end of the filing period
Financials

Insights on MEAD

MEAD files the micro format. That format states no turnover. The gross margin rose from €8,753 in 2013 to €36,290 in 2026.

The balance sheet grew most from 2022 to 2024 through fixed assets.

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 MEAD

What is the company number of MEAD?
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

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