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MEDNES

Active
Private limited companyfounded 2019active for 7 yearsVrijheidslaan 73, 1081 Koekelberg, Belgium16 active companies are registered at this addressKBO/BCE: BE 0727.678.261

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of MEDNES is 7.6% (elevated). The 2025 annual accounts show negative equity (-€15,234) and a net result of -€5,029. Equity has been shrinking by about 71% per year since 2019. Its solvency ranks better than 5% of 9,883 sector peers (NACE 43, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.

Overview

Official details

KBO
Status
Active since 03-06-2019 Normal situation
Legal form
Private limited company
Registered office
Vrijheidslaan 73, 1081 Koekelberg
Activity
Other specialised construction activities NACE 43990and 2 others
Establishment unit
2.289.751.613 1160 Oudergem, since 03-06-2019
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • HASROUF YASSINEDirector · since 03-06-2019
  • Mootassim Billah Mohamed YounesDirector · since 03-06-2019

Financial position

31 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
7.6%
Annual accounts 2025
Gross margin
-€1,127
▲ 84.9%
Loss
€5,029
▼ 57.2%
Equity
-€15,234
▼ 49.3%
Total assets
€9,084
▼ 30.2%
Turnover not published (abbreviated or micro format)2025 accounts filed 77 days after the deadline
Filed on 16-10-2026at the National Bank
Score breakdownraises riskLast filed accounts filed 77 days late; 2 of the last 3 accounts lateEx-officio strike-off in the KBOLiquidity: current ratio 0.04lowers riskSize: total assets €9,084Show the evidence

Checked score

Score 2025
31 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 4% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -167.7% of total assets
Liquidity 0-2
short-term debt 267.7%
Profitability 0=
return on assets -55.4%
Bankruptcy probability within 12 months
7.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 10.6%highest value 12-2024: 7.7%▼ -2.9 percentage points vs 11-2024 01-2025: 7.8%▲ +0.1 percentage points vs 12-2024 02-2025: 7.8%● unchanged vs 01-2025 03-2025: 7.9%▲ +0.1 percentage points vs 02-2025 04-2025: 7.9%● unchanged vs 03-2025 05-2025: 7.8%▼ -0.1 percentage points vs 04-2025 06-2025: 7.8%● unchanged vs 05-2025 07-2025: 6.3%▼ -1.5 percentage points vs 06-2025 08-2025: 6.3%● unchanged vs 07-2025 09-2025: 5.7%▼ -0.6 percentage points vs 08-2025 10-2025: 5.7%● unchanged vs 09-2025 11-2025: 5.7%● unchanged vs 10-2025 12-2025: 5.7%● unchanged vs 11-2025 01-2026: 5.6%▼ -0.1 percentage points vs 12-2025 02-2026: 5.6%● unchanged vs 01-2026 03-2026: 5.5%▼ -0.1 percentage points vs 02-2026 04-2026: 5.5%● unchanged vs 03-2026 05-2026: 5.4%▼ -0.1 percentage points vs 04-2026 06-2026: 5.3%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 5.5%▲ +0.2 percentage points vs 06-2026 08-2026: 6.1%▲ +0.6 percentage points vs 07-2026 09-2026: 6.2%▲ +0.1 percentage points vs 08-2026 10-2026: 7.6%▲ +1.4 percentage points vs 09-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.04 (0.06 in 2024), below 1. Short-term debt is 267.7% of total assets. Equity is negative.
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 43, micro). It does better than 3% of them on solvency, 1% on liquidity, 4% on profitability and 9% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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Signals

Seven signals.
lowers riskraises risk
lowers risk · Size: total assets €9,084
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Last filed accounts filed 77 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Liquidity: current ratio 0.04
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€15,234
raises risk · 2025 accounts filed 77 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-10-2026, 77 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filings
Deviation from the deadline
2025
77 days late
2024
41 days early
2023
37 days late
2022
32 days late
2021
25 days late
2020
41 days late
2019
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 33 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Searched, nothing found (1)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 September (4 of the last 5 filed years within 45 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€15,234 View
  • Risk: 5 loss-making years in a rowloss in financial year 2025 -€5,029 View
  • Caution: Lower solvency than 95% of companies in specialised constructionsector median 44.0% · 9,883 companies -167.7% View

Documents

Annual accounts at the NBB

All 7 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about MEDNES

What is the company number of MEDNES?
The company number of MEDNES is 0727.678.261. The VAT number is the same number with BE in front: BE 0727.678.261.
Where is MEDNES based?
The registered office is at Vrijheidslaan 73, 1081 Koekelberg.Company details
What does MEDNES do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of MEDNES?
The legal form of MEDNES is Private limited company (BV).
When was MEDNES founded?
MEDNES was founded on 03-06-2019.
Is MEDNES still active?
Yes, MEDNES is an active enterprise in the KBO register.
What is the turnover of MEDNES?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it. In financial year 2021 turnover was €65,445.Financials
Is MEDNES profitable?
In financial year 2025, MEDNES made a loss of €5,029.
Where can I find the annual accounts of MEDNES?
MEDNES filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of MEDNES due?
MEDNES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as MEDNES: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €7,090 and €13,800, founded between 2019 and 2020.

CompanyTotal assetsGross margin
MEDNES Koekelberg€9,084-€1,127
MF SOLID CONSTRUCT Anderlecht€7,428€797
rework Halen€7,090€810
LUX DAR TRANS Sint-Jans-Molenbeek€10,702-€1,666
RESACH Jette€13,767€88
BASSIN Merelbeke-Melle€8,823€482
K&CO Sint-Pieters-Leeuw€8,689€1,216
Full comparison

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