Equity
€3.7m ▲ 7.1%
MEB BELGIUM has made a profit without a break since 2011.
MEB BELGIUM
Lifetime
19 annual accounts with figures on one time axispeak €1.0m (2023)
€997,349▲ 3.1%
lowest -€146,763 (2008)
€247,802▼ 6.6%
peak €3.7m (2025)
€3.7m▲ 7.1%
€384,196▲ 7.5%
peak 12.8 FTE (2025)
12.8 FTE▲ 25.5%
Board8 names since 2018
3 directorsSophie BEGOUIN (épouse Belin) and 2 others
Owners3 names in the annual accounts
consolidatesSTITCH SAS
Documentsfilings and deeds
30-10-20251 days before the deadline
2025financial year
Staff from 10.2 FTE to 12.8 FTE2 directors appointed, 1 resignation, 1 reappointment 19-05Investments €87,664Cash from €111,188 to €150,530
Key points
from the 2025 annual accountsTurnover
≈ €3.6m estimated
The accounts state no turnover.
Investments
€77,410 1.7 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 10.6% higher than in 2024.
Staff
13 employees on 31-03-2025
In 2025, 9 people joined and 8 left.
Filings
19 annual accounts 7 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
Position in the sector
90.7%
Higher solvency than 95% of companies in retail trade. Sector median 36.2% · 5,061 companies.
Checked score
72
Healthy
Financially stronger than 74% of small companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 3,699 companies (NACE 47, small).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.2%▲ +0.1 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.4%▲ +0.2 percentage points vs 10-2025
12-2025: 0.1%▼ -0.3 percentage points vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026lowest value
05-2026: 0.2%▲ +0.1 percentage points vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.3%▲ +0.1 percentage points vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.4%▲ +0.1 percentage points vs 08-2026
10-2026: 0.5%▲ +0.1 percentage points vs 09-2026
11-2026: 0.6%▲ +0.1 percentage points vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Founded in 2006
Equity €3.7m (90.7% of total assets)
Profit of €247,802 (financial year 2025)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small). It does better than 95% of them on solvency, 72% on liquidity, 70% on profitability and 60% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as MEB BELGIUM has now. Each dot stands for 51 companies, two years later.
95.0%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of MEB BELGIUM itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 20,137 companies, not a prediction for MEB BELGIUM. 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 of up to €260,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 9.86 (10.3 in 2024), above the usual 1.5. Short-term debt is 9% and cash 3.6% of total assets. 9.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
not filed
2025
1 day early
2024
on the day
2023
on the day
2022
9 days late
2021
3 days early
2020
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 1 day after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0881410492
Registered office moved within Brussels
New registered office: Boulevard de Waterloo 26 à 1000 Bruxelles · Previous registered office: Boulevard de Waterloo 14 à 1000 Bruxelles · Resignation: Virginie ANDRIEU (managing director) · General meeting of 03-02-2026 · Gazette deed
2 directors appointed, 1 resignation, 1 reappointment
Reappointment: Sophie BEGOUIN (épouse Belin) · Resignation: Barbara WERSCHINE (épouse HERNOT) · Appointments: Virginie ANDRIEU (managing director) and Sophie BEGOUIN (épouse Belin) (chair of the board) · General meeting of 11-09-2024 · Gazette deed
New establishment in Antwerp
Schuttershofstraat 46
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MEB BELGIUM Brussels | - | - | 90.7% | 12.8 |
| HACKETT RETAIL BELGIUM Brussels | €4.9m | 2.1% | 24.2% | 17.6 |
| LES BOURGEOISES Uccle | - | - | 91.4% | 9.2 |
| CWF Belgique Brussels | - | - | 2.9% | 15.4 |
| CONDOR SAFETY Menen | - | - | 26.6% | 11.1 |
| RUSSELLSTORE Knokke-Heist | - | - | 84.0% | 10.9 |
| MDT Belgique Waterloo | €2.4m | 2.4% | 87.8% | 15.2 |
These companies have the same main activity as MEB BELGIUM: retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716). They are comparable in size and age: total assets between €2.7m and €3.9m, founded between 2004 and 2010.
Official details
Source: KBO- Status
- Active since 19-05-2006Normal situation
- Registered office
- 10 active companies are registered at this addressSource: KBO register, as of 7 November 2026.
- Activity
- Retail sale of clothing and accessories for women, men, children and babies (general range)NACE 47716and 8 others
- Joint committee
- 201Independent retail · annual accounts 31-03-2025
- Establishment units
- 2.154.750.2781000 Brussels, since 23-06-2006
- 2.231.229.0388300 Knokke-Heist, since 01-09-2007and 2 others
- Financial year end
- 31 March
- Peppol
- Reachable since 16-04-2026
Annual accounts to 31-03-2025
- €4.1m▲ 7.1%
- Employeeson 31-03-2025
- 13▲ 8.3%
- Filing
- Filed on 30-10-2025
Insights on MEB BELGIUM
MEB BELGIUM has existed since 2006. The present size dates from 2009. The gross margin rose that year from €125,257 to €419,936 and staff from 3.3 to 5.8 full-time equivalents.
In April 2026, the Official Gazette published the appointment of Frédéric GALHAUT as managing director.
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 MEB BELGIUM
- What is the company number of MEB BELGIUM?
- The company number of MEB BELGIUM is 0881.410.492. The VAT number is the same number with BE in front: BE 0881.410.492.
- Where is MEB BELGIUM based?
- The registered office is at Waterloolaan 26, 1000 Brussels.Company details
- What does MEB BELGIUM do?
- According to the KBO register, the main activity is retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716).
- What is the legal form of MEB BELGIUM?
- MEB BELGIUM is a public limited company (NV).
- When was MEB BELGIUM founded?
- MEB BELGIUM was founded on 19-05-2006.
- Is MEB BELGIUM still active?
- Yes, MEB BELGIUM is an active enterprise in the KBO register.
- How many employees does MEB BELGIUM have?
- MEB BELGIUM had an average of 12.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does MEB BELGIUM fall under?
- In its 31-03-2025 annual accounts, MEB BELGIUM states joint committee 201 (Independent retail).
- What is the turnover of MEB BELGIUM?
- The turnover in financial year 2025 is ≈ €3.6m. This figure is estimated from the gross margin of €997,349 and 47 comparable companies (NACE 477). It probably lies between €2.7m and €5.6m.
- Is MEB BELGIUM profitable?
- In financial year 2025, MEB BELGIUM made a profit of €247,802.
- Where can I find the annual accounts of MEB BELGIUM?
- MEB BELGIUM filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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