Mees Development
ActiveSummary
Mees Development has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €269,497 and a net result of €178,954. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years
The operating result recovers in 2025; 2025 is 8.1 times 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
- 2025 Equity +198% on 2024. Merger absorbing CLAIRE JAMAR, effective 05-06-2025. Merger absorbing DIFFERENT, proposed with effect from 05-06-2025.
Peer companies
Historical observationOf the 513 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 96.1% are still going.
- Small
- 2 to 5 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 513 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €6,319 | - |
| Remuneration, social security and pensions62 | - | - | - | - | €546 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €135,177 | €99,141 | €109,711 | ▲ 10.7% |
| Other operating charges640/8 | €91 | €301 | €324 | €270 | €3,727 | ▲ 14× |
| Non-recurring operating charges66A | - | - | - | - | €505,964 | - |
| Gross operating margin9900 | -€2,850 | -€5,686 | €291,668 | €138,055 | €932,439 | ▲ 575% |
| Operating profit (loss)9901 | -€2,940 | -€5,987 | €156,167 | €38,645 | €312,491 | ▲ 709% |
| Financial charges65/66B | - | €6,149 | €39 | €44 | €19,470 | ▲ 448× |
| Recurring financial charges65 | - | €6,149 | €39 | €44 | €19,470 | ▲ 448× |
| Profit (loss) for the period before taxes9903 | -€2,940 | -€12,136 | €156,128 | €38,601 | €293,021 | ▲ 659% |
| Income taxes67/77 | - | - | €40,609 | €51,501 | €114,067 | ▲ 121% |
| Profit (loss) for the period9904 | -€2,940 | -€12,136 | €115,519 | -€12,900 | €178,954 | - |
| Profit (loss) for the period to be appropriated9905 | -€2,940 | -€12,136 | €115,519 | -€12,900 | €178,954 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.003m | €0.3m | €2.2m | €4.1m | €3.0m | ▼ 27.5% |
| Fixed assets21/28 | - | - | €1.8m | €2.4m | €1.8m | ▼ 24.4% |
| Tangible fixed assets22/27 | - | - | €1.8m | €1.7m | €1.8m | ▲ 3.2% |
| Land and buildings22 | - | - | €1.8m | €1.7m | €1.8m | ▲ 3.2% |
| Furniture and vehicles24 | - | - | - | €0.002m | €0.001m | ▼ 42.0% |
| Financial fixed assets28 | - | - | - | €0.6m | €0 | ▼ 100% |
| Current assets29/58 | €0.003m | €0.3m | €0.3m | €1.7m | €1.2m | ▼ 31.8% |
| Stocks and contracts in progress3 | - | €0.3m | €0.2m | €1.4m | €0.5m | ▼ 62.7% |
| Stocks30/36 | - | €0.3m | €0.2m | €1.4m | €0.5m | ▼ 62.7% |
| Amounts receivable within one year40/41 | - | - | €0.1m | €0.1m | €0.03m | ▼ 80.5% |
| Trade receivables40 | - | - | €0.1m | €0.1m | €0.03m | ▼ 80.5% |
| Cash at bank and in hand54/58 | €0.003m | €0.003m | €0.001m | €0.06m | €0.6m | ▲ 965% |
| Deferred charges and accrued income490/1 | - | - | - | €0.1m | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.003m | €0.3m | €2.2m | €4.1m | €3.0m | ▼ 27.5% |
| Equity10/15 | €60 | -€0.01m | €0.1m | €0.09m | €0.3m | ▲ 198% |
| Contributions10/11 | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Reserves13 | - | - | €0.1m | €0.09m | €0.3m | ▲ 204% |
| Distributable reserves133 | - | - | €0.1m | €0.09m | €0.3m | ▲ 204% |
| Profit (loss) carried forward14 | -€0.003m | -€0.02m | €0 | - | - | - |
| Amounts payable17/49 | €0.003m | €0.3m | €2.1m | €4.0m | €2.7m | ▼ 32.6% |
| Amounts payable after more than one year17 | - | - | - | - | €0.04m | - |
| Financial debts170/4 | - | - | - | - | €0.04m | - |
| Amounts payable within one year42/48 | €0.003m | €0.3m | €2.1m | €4.0m | €2.7m | ▼ 33.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €0.02m | - |
| Financial debts43 | - | - | - | - | €0.01m | - |
| Credit institutions430/8 | - | - | - | - | €0.01m | - |
| Trade debts44 | €0.003m | €0 | - | €1.2m | €0.03m | ▼ 97.9% |
| Suppliers440/4 | €0.003m | €0 | - | €1.2m | €0.03m | ▼ 97.9% |
| Taxes, remuneration and social security45 | - | - | €0.04m | €0.09m | €0.2m | ▲ 79.8% |
| Taxes450/3 | - | - | €0.04m | €0.09m | €0.2m | ▲ 79.8% |
| Other amounts payable47/48 | - | €0.3m | €2.0m | €2.7m | €2.4m | ▼ 8.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,940 | -€12,136 | €115,519 | -€12,900 | €178,954 | - |
| + Depreciation and write-downs630 | - | - | €135,177 | €99,141 | €109,711 | ▲ 10.7% |
| Operating cash flow (approximation) | -€2,940 | -€12,136 | €250,696 | €86,241 | €288,665 | ▲ 235% |
| Investment in fixed assets (approximation) | - | - | - | -€640,778 | €472,970 | - |
| Change in cash | - | €150 | -€2,620 | €57,202 | €557,202 | ▲ 874% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00370982 |
| 31-12-2024 | micro format | 29-07-2025 | 2025-00323674 |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00399820 |
| 31-12-2022 | micro format | 19-06-2023 | 2023-00135708 |
| 31-12-2021 | micro format | 24-06-2022 | 2022-20089448 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.