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MEMI'S WORK

Active
Private limited companyfounded 201511 yrs activeOrchideestraat 38, 9041 Gent, BelgiumKBO/BCE: BE 0633.663.683
Summary

The computed 12-month bankruptcy probability of MEMI'S WORK is 4.5% (elevated). The 2025 annual accounts show negative equity (-€11,420) and a net result of €3,261. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 8% of 785 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

What they do
Logistics services
NACE 52250
1 site
How big
€89,912total assets 2025
Equity
-€11,420
Profit
€3,261
Turnover not published (abridged schema)
Financially healthy?
36 Weak Checked score 2025
Bankruptcy chance 12 m
4.5%
Who decides
Accounts 28 d early0 of 7 deeds read
Why 36- 2 of the last 3 late- Sector Warehousing and support activities for transportation (NACE 52)- 1 change of registered office in 24 months- Negative equity -€11,420Show the evidence

Checked score

Score 2025
36 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 14% of its sector peers (NACE 52, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency 12
equity -12.7% of total assets
Liquidity 4
short-term debt 112.7% · cash 2.8%
Profitability 47
return on assets 3.6%
Bankruptcy probability, 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (2,276 companies)
  • 2 of the last 3 late raises the probability
  • Sector Warehousing and support activities for transportation (NACE 52) raises the probability
  • 1 change of registered office in 24 months raises the probability
  • Negative equity -€11,420 raises the probability
No credit on open account
Liquidity short (current ratio 0.89; short-term debt: 112.7% and cash: 2.8% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 52, micro). Better than this share of them on solvency 10%, liquidity 5%, profitability 28%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Sector Warehousing and support activities for transportation (NACE 52)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Negative equity -€11,420
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 785 sector peers (2025).
NBB · sector comparison
Position among 785 sector peers
Solvency
better than 8%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-04-2026, 28 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
28 d early
2023
48 d late
2022
125 d late
2020
32 d early
2019
44 d early
2018
40 d early
2017
50 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days before the deadline; the sector median for financial year 2023 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Back to profitnet €3,261
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€11,420 View
  • Caution: Among the weakest 9% on solvencysector median 36.5% · 785 companies -12.7% View
  • Total assets 20254 fiscal years filed €89,912 View

By topic

Financials

Fiscal year
2025
Total assets
€89,912
Profit
€3,261
Solvency
-12.7%
Total assets▲ 43.3%
Net result
20182025
Go to Financials

Timeline

Events
11
Since
2017
  1. 02-04-2026Annual accounts filed
  2. 30-09-2025Back to profit
  3. 17-09-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Logistics servicesNACE 52250
Founded
08-07-2015
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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