MEAN
ActiveSummary
For MEAN, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €115,764 and a net result of €13,479. Equity is shrinking by ~8.2% per year across the filed fiscal years. Its solvency ranks better than 92% of 4456 sector peers (fiscal year 2023). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability83▲+75
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2023Solvency, return and age of the figures
Solvency
94.7%
Return on assets
11%
Age of the figures
33 mo
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 · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 25-03-2025, 237 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
237 d late
2022
582 d late
2021
107 d late
2020
277 d late
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 246 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€13,479
2022 · -€9,115
Working capital
€76,769▼ 23.8%
2022 · €100,711
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222023
Operating result€24,715▼ 57.8%-€24,466-€12,736▲ 47.9%-€8,121▲ 36.2%€18,977
Net result€7,006▼ 77.0%-€27,596below the sector's middle half-€14,020below the sector's middle half▲ 49.2%-€9,115below the sector's middle half▲ 35.0%€13,479within the sector's middle half
Equity€153,015▲ 4.8%€125,420within the sector's middle half▼ 18.0%€111,400within the sector's middle half▼ 11.2%€102,285within the sector's middle half▼ 8.2%€115,764within the sector's middle half▲ 13.2%
Total assets€275,766▼ 24.2%€166,202below the sector's middle half▼ 39.7%€128,224below the sector's middle half▼ 22.9%€109,073below the sector's middle half▼ 14.9%€122,193below the sector's middle half▲ 12.0%
Debt€122,751▼ 43.7%€40,783▼ 66.8%€16,824▼ 58.7%€6,788▼ 59.7%€6,429▼ 5.3%
Working capital€132,118▲ 10.6%€126,260within the sector's middle half▼ 4.4%€116,001within the sector's middle half▼ 8.1%€100,711within the sector's middle half▼ 13.2%€76,769within the sector's middle half▼ 23.8%
Solvency55.5%▲ 15.4pp75.5%above the sector's middle half▲ 20.0pp86.9%above the sector's middle half▲ 11.4pp93.8%above the sector's middle half▲ 6.9pp94.7%above the sector's middle half▲ 1.0pp
Current ratio5.49▲ 3.425.78above the sector's middle half▲ 0.2911.92above the sector's middle half▲ 6.1415.84above the sector's middle half▲ 3.9212.94above the sector's middle half▼ 2.90
Return on assets (ROA)2.5%▼ 5.8pp-16.6%below the sector's middle half▼ 19.1pp-10.9%below the sector's middle half▲ 5.7pp-8.4%below the sector's middle half▲ 2.6pp11.0%within the sector's middle half▲ 19.4pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2023: €18,977 after a loss of €8,121 in 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €122,193
Fixed assets
€38,996 ▲ 2,377%
Current assets
€83,198 ▼ 22.6%
Equity and liabilities €122,193
Equity
€115,764 ▲ 13.2%
Debt
€6,429 ▼ 5.3%
Debt's share of the balance-sheet total falls from 6.2% to 5.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26,695▲
2022 · -€6,772
Cash flow
€21,197▲
2022 · -€7,766
Quick ratio
12.02▼
2022 · 15.11
Debt to equity
0.06▼
2022 · 0.07
ROE
11.6%▲
2022 · -8.9%
Interest coverage
214.13▲
2022 · -23.53
Debt ≤ 1 year
€6,429▼
2022 · €6,788
Income taxes
€5,551▲
2022 · €710
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,327 | €13,785 | €13,535 | €1,349 | €7,718 | ▲ 472% |
| Other operating charges640/8 | - | €1,934 | €1,614 | €1,341 | €3,579 | ▲ 167% |
| Gross operating margin9900 | €45,063 | -€8,747 | €2,413 | -€5,431 | €30,275 | ▲ 657% |
| Operating profit (loss)9901 | €24,715 | -€24,466 | -€12,736 | -€8,121 | €18,977 | ▲ 334% |
| Financial income75/76B | - | - | - | €4 | €177 | ▲ 3,852% |
| Recurring financial income75 | €51 | - | - | €4 | €177 | ▲ 3,852% |
| Financial charges65/66B | - | €3,134 | €609 | €288 | €125 | ▼ 56.7% |
| Recurring financial charges65 | €2,475 | €3,134 | €609 | €288 | €125 | ▼ 56.7% |
| Profit (loss) for the period before taxes9903 | €22,290 | -€27,600 | -€13,345 | -€8,405 | €19,030 | ▲ 326% |
| Income taxes67/77 | €15,283 | -€4 | €675 | €710 | €5,551 | ▲ 682% |
| Profit (loss) for the period9904 | €7,006 | -€27,596 | -€14,020 | -€9,115 | €13,479 | ▲ 248% |
| Profit (loss) for the period to be appropriated9905 | €7,006 | -€27,596 | -€14,020 | -€9,115 | €13,479 | ▲ 248% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €275,766 | €166,202 | €128,224 | €109,073 | €122,193 | ▲ 12.0% |
| Fixed assets21/28 | €114,190 | €13,514 | €1,598 | €1,574 | €38,996 | ▲ 2,377% |
| Tangible fixed assets22/27 | €114,190 | €13,514 | €1,598 | €1,574 | €38,996 | ▲ 2,377% |
| Furniture and vehicles24 | - | €13,514 | €1,598 | €1,574 | €38,996 | ▲ 2,377% |
| Current assets29/58 | €161,575 | €152,688 | €126,626 | €107,499 | €83,198 | ▼ 22.6% |
| Stocks and contracts in progress3 | €3,538 | €3,487 | €3,487 | €4,914 | €5,916 | ▲ 20.4% |
| Stocks30/36 | - | €3,487 | €3,487 | €4,914 | €5,916 | ▲ 20.4% |
| Amounts receivable within one year40/41 | €340 | €16,433 | €15,491 | €30,821 | €34,483 | ▲ 11.9% |
| Trade receivables40 | - | €340 | - | - | - | - |
| Other amounts receivable41 | - | €16,093 | €15,491 | €30,821 | €34,483 | ▲ 11.9% |
| Cash at bank and in hand54/58 | €157,171 | €132,124 | €107,435 | €71,032 | €42,303 | ▼ 40.4% |
| Deferred charges and accrued income490/1 | - | €644 | €212 | €733 | €495 | ▼ 32.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €275,766 | €166,202 | €128,224 | €109,073 | €122,193 | ▲ 12.0% |
| Equity10/15 | €153,015 | €125,420 | €111,400 | €102,285 | €115,764 | ▲ 13.2% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €90,143 | €90,143 | €90,143 | €90,143 | €103,622 | ▲ 15.0% |
| Non-distributable reserves130/1 | - | €2,400 | €2,400 | €2,400 | €2,400 | = |
| Reserves not available under the articles1311 | - | €2,400 | €2,400 | €2,400 | €2,400 | = |
| Distributable reserves133 | - | €87,743 | €87,743 | €87,743 | €101,222 | ▲ 15.4% |
| Profit (loss) carried forward14 | €56,672 | €29,077 | €15,057 | €5,942 | €5,942 | = |
| Amounts payable17/49 | €122,751 | €40,783 | €16,824 | €6,788 | €6,429 | ▼ 5.3% |
| Amounts payable after more than one year17 | €93,293 | €14,354 | €6,199 | - | - | - |
| Financial debts170/4 | - | €14,354 | €6,199 | - | - | - |
| Amounts payable within one year42/48 | €29,457 | €26,429 | €10,625 | €6,788 | €6,429 | ▼ 5.3% |
| Current portion of amounts payable after more than one year42 | - | €8,029 | €8,154 | €6,199 | - | - |
| Trade debts44 | €2,721 | €4,958 | €1,796 | €589 | €931 | ▲ 58.2% |
| Suppliers440/4 | - | €4,958 | €1,796 | €589 | €931 | ▲ 58.2% |
| Taxes, remuneration and social security45 | - | €13,441 | €675 | - | €5,498 | - |
| Taxes450/3 | - | €13,441 | €675 | - | €5,498 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,006 | -€27,596 | -€14,020 | -€9,115 | €13,479 | ▲ 248% |
| + Depreciation and write-downs630 | €18,327 | €13,785 | €13,535 | €1,349 | €7,718 | ▲ 472% |
| Operating cash flow (approximation) | €25,333 | -€13,810 | -€485 | -€7,766 | €21,197 | ▲ 373% |
| Investment in fixed assets (approximation) | - | €86,891 | -€1,619 | -€1,325 | -€45,139 | ▼ 3,307% |
| Change in cash | - | -€25,047 | -€24,689 | -€36,404 | -€28,728 | ▲ 21.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
25-03
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 237 days late
04-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 582 days late
2023
31-12
Financial
Back to profitnet €13,479
Net result €13,479 after 3 loss-making years.
2022
15-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 107 days late
04-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 277 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 11.92
Current ratio from 5.78 to 11.92; short-term debt falls from €26,429 to €10,625.
2020
31-12
Financial
Weakest financial yearnet -€27,596
Net result drops to -€27,596, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 5.49
Current ratio from 2.07 to 5.49; short-term debt falls from €111,888 to €29,457.
31-12
Financial
Equity above €150,000Eq €153,015 ▲4.8%
2 profitable years in a row build equity to €153,015.
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 57 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
Show earlier events
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
2015
29-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Wavre · 1 establishment unit since 2011
Ground area
3,333 m²
Building footprint
261 m²
Volume, LiDAR
1,909 m³
2 parcels, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MEAN
since 20112.201.516.255
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25086C0370/00C000 | Wallonia | 2,144 m² | 1 · 207 m² | 10.3 m · 3 fl. |
| 25006D0069/00B002 | Wallonia | 1,190 m² | 1 · 54 m² | 5.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 40,845 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded04-07-2011
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0837851356
Also
9925:BE0837851356
Registered
08-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.