Equity
€27,269 from €73,170 in 2023
Equity fell by 63% in 2 years.
MEMO
Lifetime
19 annual accounts with figures on one time axis, 20 filings since 2005peak €72,696 (2007)
€9,065▼ 50.5%
lowest -€1,359 (2009)
€1,394▼ 81.9%
peak €73,170 (2023)
€27,269▲ 5.4%
€5,951▼ 89.8%
Board4 names since 2013
1 director
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €18,328 to €9,065Result from €7,705 to €1,394Resignation: (director) 04-09Debts from €58,621 to €5,951Cash from €72,696 to €23,771
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 17,035 companies had the same profile as MEMO 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
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 17,035 companies, not a prediction for MEMO. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0866578204
Resignation: (director)
Director discharge: · General meeting of 25-06-2025 · Gazette deed
Resignation: (manager)
Director discharge: (manager) · General meeting of 30-04-2019 · Gazette deed
Resignation: (director)
Transfer of shares from · General meeting of 27-12-2014 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MEMO Leuven | - | - | 82.1% | - |
| MAC BILLY'S Sint-Truiden | - | - | -110.4% | - |
| MUSYIL Mechelen | - | - | -102.5% | - |
| PACITTI & CO Uccle | €123,134 | 2.1% | 79.3% | - |
| ARTHUR'S Ixelles | €92,438 | 4.4% | -54.3% | - |
| RAZA & BROTHERS Knokke-Heist | - | - | -64.2% | - |
| JVE SERVICES Verviers | - | - | -5.8% | - |
These companies have the same main activity as MEMO: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €29,000 and €39,800, founded between 2000 and 2007.
Official details
Source: KBO- Status
- Active since 29-07-2004Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Establishment unit
- 2.151.308.0653010 Leuven, since 27-01-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 18-12-2025
Annual accounts 2025
- ≈ €100,000estimated
- €33,220▼ 60.7%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on MEMO
MEMO files the micro format. That format states no turnover. The gross margin fell from €72,096 in 2006 to €9,065 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 MEMO
- What is the company number of MEMO?
- The company number of MEMO is 0866.578.204. The VAT number is the same number with BE in front: BE 0866.578.204.
- Where is MEMO based?
- The registered office is at Diestsesteenweg 161, 3010 Leuven.Company details
- What does MEMO do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of MEMO?
- MEMO is a private limited company (pre-2019) (BVBA).
- When was MEMO founded?
- MEMO was founded on 29-07-2004.
- Is MEMO still active?
- Yes, MEMO is an active enterprise in the KBO register.
- What is the turnover of MEMO?
- The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €9,065 and 133 comparable companies (NACE 56112). It probably lies between €63,000 and €170,000. It is a rough estimate.Financials
- Is MEMO profitable?
- In financial year 2025, MEMO made a profit of €1,394.
- Where can I find the annual accounts of MEMO?
- MEMO filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MEMO due?
- MEMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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