Equity
€1.0m ▲ 12.7%
MENA has made a profit without a break since 2015.
MENA
Lifetime
12 annual accounts with figures on one time axispeak €318,053 (2014)
€261,617▼ 0.3%
lowest -€91,634 (2014)
€116,287▲ 4.6%
peak €1.0m (2025)
€1.0m▲ 12.7%
€720,200▼ 7.5%
Board4 names since 2020
1 director
Owners2 names in the annual accounts
100% and 1 other
Documentsfilings and deeds
08-01-202623 days before the deadline
2025abbreviated format
Equity from €919,001 to €1.0mCash from €49,333 to €25,529
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, 17,811 companies had the same profile as MENA has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
Test of the method
The method was tested on the 497,762 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 17,811 companies, not a prediction for MENA. 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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Signals
Board and ownership
Director, , since 31-07-2020
Auditor,
- 100%score equity €18.7m (2025) · 30-06-2025 annual accounts of
- consolidatesannual accounts 30-06-2025
Recent changes
Reappointment: (statutory auditor)
Permanent representative: · General meeting of 11-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 9925:BE0501941346
1 statutory auditor appointed
(statutory auditor) · Permanent representatives: and · General meeting of 02-08-2023 · Gazette deed
Amendment of the articles · Legal-form change
Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 04-11-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MENA Veurne | €1.8m | €261,617 | 59.0% | - |
| SOLIPAT Wevelgem | €2.0m | €242,805 | 17.2% | 0 |
| IMMO-GASTRO Bruges | €1.9m | €276,786 | 24.4% | - |
| Box & Foam Ypres | €1.8m | €242,267 | 35.5% | - |
| IMMO TONICKX Deerlijk | €1.7m | €287,441 | -129.8% | 0 |
| RECYSMET Sint-Gillis-Waas | €1.7m | €270,025 | 27.2% | - |
| MILLON INVEST Herent | €1.8m | €243,061 | 28.9% | - |
These companies have the same main activity as MENA: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €1.7m and €2m, founded between 2010 and 2014.
Official details
Source: KBO- Status
- Active since 12-12-2012Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203and 1 other
- Establishment unit
- 2.214.897.8028630 Veurne, since 12-12-2012
- Financial year end
- 30 June
- Peppol
- Reachable since 19-11-2025
Annual accounts to 30-06-2025
- €1.8m▲ 3.4%
- Filing
- Filed on 08-01-2026, 23 days before the end of the filing period
Insights on MENA
MENA files the abbreviated format. That format states no turnover. The gross margin fell from €318,053 in 2014 to €261,617 in 2025.
holds all the shares.
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 MENA
- What is the company number of MENA?
- The company number of MENA is 0501.941.346. The VAT number is the same number with BE in front: BE 0501.941.346.
- Where is MENA based?
- The registered office is at Ondernemingenstraat 5, 8630 Veurne.Company details
- What does MENA do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of MENA?
- MENA is a private limited company (BV).
- When was MENA founded?
- MENA was founded on 12-12-2012.
- Is MENA still active?
- Yes, MENA is an active enterprise in the KBO register.
- What is the turnover of MENA?
- The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €261,617 and 39 comparable companies (NACE 68203). It probably lies between €270,000 and €360,000.Financials
- Is MENA profitable?
- In financial year 2025, MENA made a profit of €116,287.
- Where can I find the annual accounts of MENA?
- MENA filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MENA due?
- MENA must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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