MEGA ÖL · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of MEGA ÖL is 2.7% (moderate). The 2022 annual accounts show equity of €23k and a net result of €5k. Equity is growing by ~23.7% per year across the filed fiscal years. Its solvency ranks better than 91% of 3686 sector peers (fiscal year 2022). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Signals

Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide

Annual accounts not filed

The financial year that closed on 31-12-2023 was due at the National Bank by 31-07-2024. Nothing is on record today, 757 days later. 3 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.

Latest accounts filed on time

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 04-07-2023, 27 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2022, that is 31-07-2023.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	nothing on record	not filed	-
31-12-2023	31-07-2024	nothing on record	not filed	-
31-12-2022	31-07-2023	04-07-2023	27 d early	2023-00221354
31-12-2021	31-07-2022	15-06-2022	46 d early	2022-20083603
31-12-2020	31-07-2021	23-06-2021	38 d early	2021-25000600
31-12-2019	31-07-2020	24-06-2020	37 d early	2020-20900224
31-12-2018	31-07-2019	16-07-2019	15 d early	2019-34000436
31-12-2017	31-07-2018	25-06-2018	36 d early	2018-24800175
31-12-2016	31-07-2017	31-08-2017	31 d late	2017-56700255
31-12-2015	31-07-2016	14-06-2016	47 d early	2016-18900054
31-12-2014	31-07-2015	24-06-2015	37 d early	2015-23000068

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Established

Founded in 2009, 17 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

2.7% Moderate

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Annual accounts: weaker financial profile +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€5k

Working capital€17k+30.3%

CSV export

Annual accounts & ratios

Source: NBB · 2022

Annual accounts filed on 04-07-2023 with the NBB · fiscal year 2022 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Net result: growth of ~62.8%/year over 5 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2022 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	72.4%	16.6%	better than 91% of 3686 sector peers
Net result	€5k	€658	better than 61% of 3667 sector peers
Equity	€23k	€10k	better than 63% of 3692 sector peers
Gross operating margin	€10k	€34k	better than 30% of 3652 sector peers
Total assets	€32k	€73k	better than 26% of 3687 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P91

Stable position over 2020-2022 · n=1437-3686

Net result P61

Stable position over 2020-2022 · n=1429-3667

Equity P63

Stable position over 2020-2022 · n=1441-3692

Gross operating margin P30

Stable position over 2020-2022 · n=1423-3652

Describes the position versus peers, not a forecast.

EBITDA

€9k

+4487.4% 18-22

Net profit

€5k

- 18-22

Cash flow

€6k

- 18-22

Total assets

€32k

-10.8% 18-22

Equity

€23k

+27.6% 18-22

Working capital

€17k

+30.3% 18-22

Income taxes

€2k

+378.7% 18-22

Debt

€9k

-50.1% 18-22

Show 9 other metrics

Debt ≤ 1y

€9k

-50.1% 18-22

Debt > 1y

€2k

-62.0% 18-22

Current ratio

2.89

+67.7% 18-22

Quick ratio

2.81

+67.5% 18-22

Solvency

72.4%

+42.9% 18-22

Debt / equity

0.38

-60.9% 18-22

ROE

21.6%

- 18-22

ROA

15.6%

- 18-22

Interest coverage

16.31

+2638.5% 18-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	micro
Revenue	-
EBITDA	€9k
Net profit	€5k
Cash flow	€6k
Staff costs	-
Income taxes	€2k
Dividends	-
Total assets	€32k
Equity	€23k
Debt	€9k
of which ≤ 1y	€9k
of which > 1y	-
Working capital	€17k
Employees (FTE)	-

Ratios (computed)

	2022
Current ratio	2.89
Quick ratio	2.81
Working capital ratio	52.2%
Solvency	72.4%
Debt / equity	0.38
Long-term debt ratio	-
Interest coverage	16.31
Gross margin	-
Net margin	-
ROA	15.6%
ROE	21.6%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2022

Assets

Fixed assets €6k · 20.2% Current assets €25k · 79.8%

Equity & liabilities

Equity €23k · 72.4% Debt €9k · 27.6%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€32k
Fixed assets	21/28	€6k
Tangible fixed assets	22/27	€6k
Current assets	29/58	€25k
Stocks & contracts in progress	3	€691
Amounts receivable within one year	40/41	€5k
Cash & bank	54/58	€17k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€32k
Equity	10/15	€23k
Contributions / capital	10/11	€14k
Reserves	13	€9k
Accumulated profits (losses)	14	€0
Amounts payable	17/49	€9k
Amounts payable within one year	42/48	€9k
Trade debts payable within one year	44	€2k
Income statement
Gross operating margin	9900	€10k
Operating result	9901	€8k
Financial income	75	€48
Financial charges	65	€560
Result before taxes	9903	€7k
Income taxes	67/77	€2k
Net result for the period	9904	€5k
Result to be appropriated	9905	€5k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2022 · computed

100 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2022. Indicative, not credit advice.

Directors

Directors & mandates

2 directors

Current directors & mandates

Ivan lliev
Director
State Gazette act 25080440 (26-06-2025)

Current
21-05-2025 → present
2 events
- 21-05-2025 Appointed· Director
- 21-05-2025 Appointed· Daily management

Former directors (1)

Marjorie Dumord
Director
State Gazette act 25080440 (26-06-2025)

Former
- → 21-05-2025
2 events
- 21-05-2025 Resigned· Director
- 21-05-2025 Resigned· Daily management

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Cateringdiensten op contractbasis en overige diensten in verband met maaltijden(56220)
Legal form	Private limited company(610)
Incorporation	14-01-2009
Status	Active
Postal code	8500

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Gasstraat(Kor) 258500 Kortrijk

Establishment units

1 location

Neemmee

Paul Jansonstraat 25, 8930 MenenVerkoop aan de toog of via telefoon, fax, internet van eetwaren en dranken : snelbuffetten (snackbars, sandwichbars, enz)

since 20092.178.530.819

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels2

Ground area258 m²

Buildings2

Building footprint199 m²

Volume (LiDAR)949 m³

Tallest building13.4 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)