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MEES S.

Active Private limited companyfounded 1990active for 36 yearsWaterstraat 37, 2940 StabroekKBO/BCE: BE 0441.012.874 #9 oldest company in Stabroek, Construction sector

Lifetime

20 annual accounts with figures on one time axis, 35 filings since 1991
peak €494,170 (2007)
€7,846▼ 68.8%
lowest -€106,027 (2014)
€725▼ 96.8%
peak €156,542 (2007)
€103,672▲ 0.7%
€34,989▲ 79.3%
peak 7.9 FTE (2006)
0 FTE 
Board2 names since 2014
- 
Documentsfilings and deeds
19-05-202673 days before the deadline
2025abbreviated format
Gross margin from €25,183 to €7,846Result from €22,460 to €725Debts from €19,517 to €34,989Investments €25,169

Key points

from the 2025 annual accounts

Investments

€35,864 4.0 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Filings

35 annual accounts since 1991
AprilJune31 JulyOctober200020102020

The last five annual accounts were filed 33 to 124 days before the end of the period.

Position in the sector

74.8%

Higher solvency than 84% of companies in civil engineering. Sector median 38.5% · 529 companies.

Checked score

96
Excellent
Financially stronger than 64% of micro companies in civil engineering (NACE 42)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.8% across 1,866 companies (NACE 42, micro).

Fewer than 1 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: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026highest value 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value 11-2026: < 0.1%● unchanged vs 10-2026highest value

Financial strength
Strong

100=equity 74.8% of total assets
98-2short-term debt 9.4% · cash 38.8%
69-23return on assets 0.5%

Score breakdown

lowers risk
Liquidity: current ratio 6.45, cash €53,760
Founded in 1990
Equity €103,672 (74.8% of total assets)
Figures for financial year 2025 (filed on 19-05-2026)
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 42, micro). It does better than 84% of them on solvency, 96% on liquidity, 37% on profitability and 39% on growth.

The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 17,041 companies had the same profile as MEES S. has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of MEES S. itself: < 0.1% 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.

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 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 17,041 companies, not a prediction for MEES S.. 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 €9,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 6.45 (6.6 in 2024), above the usual 1.5. Short-term debt is 9.4% and cash 38.8% of total assets. 25.2% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 6.45, cash €53,760
NBB · annual accounts
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €103,672 (74.8% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 19-05-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
73 days early
2024
119 days early
2023
124 days early
2022
33 days early
2021
79 days early
2020
74 days early
2019
78 days early
← 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 83 days before the deadline. In the sector (NACE 42), the median for financial year 2024 was 2 days before the deadline, and 41% of those companies filed late.

Searched, nothing found (2)
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 13 May (4 of the last 5 accounts filed within 44 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
MS
Director, until 2024
MS
Director, until 2024
  • Comb GCVannual accounts 2022
  • Silas Meesannual accounts 2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0441012874
Changes of role: MEES Silas (director) and MEES Sander (director) Legal-form conversion: to private limited company · General meeting of 29-12-2023 · Gazette deed
Appointment: Mees Silas (manager) General meeting of 31-01-2020 · Gazette deed
Registered office moved from Kapellen to Stabroek New registered office: Waterstraat 37-2940 Stabroek · Previous registered office: ERTBRANDSTRAAT 37, 2950 KAPELLEN · Gazette deed
All 48 events

Comparable companies

same main activity, similar in size and age
Company
MEES S. Stabroek €138,661 €7,846 74.8% 0
TONY BEELEN Bilzen-Hoeselt €208,822 €31,426 63.2% 0.1
NICOLAS JANSSENS Kapellen €157,262 €10,916 55.9% -
BELSTONE Dilsen-Stokkem €93,680 €7,222 23.9% -
ARTEMISIA Hannut €98,058 €10,192 67.4% -
GOOSSENS - SERRE Geetbets €112,618 €11,952 99.1% -
BATMANU SERVICES Sombreffe €90,034 €9,446 94.8% -

These companies have the same main activity as MEES S.: construction of roads and motorways (NACE 42110). They are comparable in size and age: total assets between €90,000 and €209,000, founded between 1980 and 2000.

Official details

Source: KBO
Status
Active since 05-07-1990Normal situation
Activity
Construction of roads and motorwaysNACE 42110and 1 other
Joint committee
124Construction · annual accounts 2021
Establishment unit
2.049.006.5212940 Stabroek, since 26-07-1990
Financial year end
31 December
Peppol
Reachable since 01-07-2025
Company details

Annual accounts 2025

≈ €53,000estimated
€138,661▲ 13.2%
Filing
Filed on 19-05-2026, 73 days before the end of the filing period
Financials

Insights on MEES S.

MEES S. files the abbreviated format. That format states no turnover. The gross margin fell from €430,717 in 2006 to €7,846 in 2025.

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 MEES S.

What is the company number of MEES S.?
The company number of MEES S. is 0441.012.874. The VAT number is the same number with BE in front: BE 0441.012.874.
Where is MEES S. based?
The registered office is at Waterstraat 37, 2940 Stabroek.Company details
What does MEES S. do?
According to the KBO register, the main activity is construction of roads and motorways (NACE 42110).
What is the legal form of MEES S.?
MEES S. is a private limited company (BV).
When was MEES S. founded?
MEES S. was founded on 05-07-1990.
Is MEES S. still active?
Yes, MEES S. is an active enterprise in the KBO register.
How many employees does MEES S. have?
MEES S. had an average of 0.8 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
Which joint committee does MEES S. fall under?
In its 2021 annual accounts, MEES S. states joint committee 124 (Construction).
What is the turnover of MEES S.?
The turnover in financial year 2025 is ≈ €53,000. This figure is estimated from the gross margin of €7,846 and 2,728 comparable companies of the same size. It probably lies between €22,000 and €130,000. It is a rough estimate.
Is MEES S. profitable?
In financial year 2025, MEES S. made a profit of €725.
Where can I find the annual accounts of MEES S.?
MEES S. filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MEES S. due?
MEES S. must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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