MENA-PHOENIX
ActiveSummary
The computed 12-month bankruptcy probability of MENA-PHOENIX is 1.6% (moderate). The 2025 annual accounts show equity of €45,521 and a net result of €29,450. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 66% of 831 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency70▲+9
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.11 in 2024; short-term debt: 55% and cash: 28.9% of total assets), and 55% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45%
Return on assets
29.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €45,521
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
28 d late
2023
23 d late
2022
30 d late
2021
26 d late
2020
25 d late
2019
28 d late
← 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 27 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€29,450
2024 · -€10,404
Working capital
€27,127▲ 778%
2024 · €3,090
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€4,033-€25,872▼ 542%€18,152-€9,778€37,739
Net result-€11,329below the sector's middle half-€26,710below the sector's middle half▼ 136%€17,370within the sector's middle half-€10,404within the sector's middle half€29,450
Equity€35,815within the sector's middle half▼ 24.0%€9,105within the sector's middle half▼ 74.6%€26,475within the sector's middle half▲ 191%€16,071within the sector's middle half▼ 39.3%€45,521▲ 183%
Total assets€63,864below the sector's middle half▼ 19.0%€46,373below the sector's middle half▼ 27.4%€60,378below the sector's middle half▲ 30.2%€44,591below the sector's middle half▼ 26.1%€101,049▲ 127%
Debt€28,049▼ 11.6%€37,268▲ 32.9%€33,903▼ 9.0%€28,520▼ 15.9%€55,528▲ 94.7%
Working capital€13,351within the sector's middle half▼ 57.0%-€8,613within the sector's middle half€9,375within the sector's middle half€3,090within the sector's middle half▼ 67.0%€27,127▲ 778%
Solvency56.1%above the sector's middle half▼ 3.7pp19.6%within the sector's middle half▼ 36.4pp43.8%within the sector's middle half▲ 24.2pp36.0%within the sector's middle half▼ 7.8pp45.0%▲ 9.0pp
Current ratio1.48within the sector's middle half▼ 0.500.77within the sector's middle half▼ 0.711.28within the sector's middle half▲ 0.511.11within the sector's middle half▼ 0.171.49▲ 0.38
Return on assets (ROA)-17.7%below the sector's middle half▼ 34.1pp-57.6%below the sector's middle half▼ 39.9pp28.8%above the sector's middle half▲ 86.4pp-23.3%below the sector's middle half▼ 52.1pp29.1%▲ 52.5pp
Staff (FTE)3.9within the sector's middle half▲ 62.5%4.5within the sector's middle half▲ 15.4%3.9within the sector's middle half▼ 13.3%4.4within the sector's middle half▲ 12.8%3.5▼ 20.5%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €37,739 after a loss of €9,778 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €101,049
Fixed assets
€18,394 ▲ 41.7%
Current assets
€82,655 ▲ 161%
Equity and liabilities €101,049
Equity
€45,521 ▲ 183%
Debt
€55,528 ▲ 94.7%
Debt's share of the balance-sheet total falls from 64.0% to 55.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€41,049▲
2024 · -€5,658
Cash flow
€32,759▲
2024 · -€6,284
Quick ratio
1.46▲
2024 · 1.07
Debt to equity
1.22▼
2024 · 1.77
ROE
64.7%▲
2024 · -64.7%
Interest coverage
20.15▲
2024 · -9.02
Debt ≤ 1 year
€55,528▲
2024 · €28,520
Income taxes
€6,252
Staff costs
€73,173▼
2024 · €100,363
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €104,954 | €121,134 | €116,946 | €100,363 | €73,173 | ▼ 27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,149 | €4,746 | €4,465 | €4,120 | €3,310 | ▼ 19.7% |
| Other operating charges640/8 | €809 | €1,175 | €2,567 | €1,182 | €1,725 | ▲ 45.9% |
| Non-recurring operating charges66A | - | - | - | - | €2,665 | - |
| Gross operating margin9900 | €116,880 | €101,182 | €142,129 | €95,886 | €118,611 | ▲ 23.7% |
| Operating profit (loss)9901 | -€4,033 | -€25,872 | €18,152 | -€9,778 | €37,739 | ▲ 486% |
| Financial income75/76B | €399 | €568 | - | €1 | - | - |
| Recurring financial income75 | €399 | €568 | - | €1 | - | - |
| Financial charges65/66B | €1,518 | €1,405 | €782 | €627 | €2,037 | ▲ 225% |
| Recurring financial charges65 | €1,518 | €1,405 | €782 | €627 | €2,037 | ▲ 225% |
| Profit (loss) for the period before taxes9903 | -€5,152 | -€26,710 | €17,370 | -€10,404 | €35,702 | ▲ 443% |
| Income taxes67/77 | €6,178 | - | - | - | €6,252 | - |
| Profit (loss) for the period9904 | -€11,329 | -€26,710 | €17,370 | -€10,404 | €29,450 | ▲ 383% |
| Profit (loss) for the period to be appropriated9905 | -€11,329 | -€26,710 | €17,370 | -€10,404 | €29,450 | ▲ 383% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €63,864 | €46,373 | €60,378 | €44,591 | €101,049 | ▲ 127% |
| Fixed assets21/28 | €22,463 | €17,718 | €17,101 | €12,981 | €18,394 | ▲ 41.7% |
| Tangible fixed assets22/27 | €22,463 | €17,718 | €17,101 | €12,981 | €18,394 | ▲ 41.7% |
| Plant, machinery and equipment23 | €18,201 | €15,766 | €13,331 | €10,896 | €16,173 | ▲ 48.4% |
| Furniture and vehicles24 | €4,262 | €1,952 | €3,770 | €2,085 | €2,221 | ▲ 6.5% |
| Current assets29/58 | €41,401 | €28,655 | €43,278 | €31,610 | €82,655 | ▲ 161% |
| Stocks and contracts in progress3 | €1,628 | €1,353 | €4,097 | €952 | €1,713 | ▲ 79.9% |
| Stocks30/36 | €1,628 | €1,353 | €4,097 | €952 | €1,713 | ▲ 79.9% |
| Amounts receivable within one year40/41 | €9,651 | €8,765 | €539 | €11,297 | €50,994 | ▲ 351% |
| Trade receivables40 | - | - | - | €3,662 | €8,359 | ▲ 128% |
| Other amounts receivable41 | €9,651 | €8,765 | €539 | €7,635 | €42,635 | ▲ 458% |
| Cash at bank and in hand54/58 | €27,804 | €18,538 | €35,025 | €19,361 | €29,155 | ▲ 50.6% |
| Deferred charges and accrued income490/1 | €2,317 | - | €3,617 | - | €793 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €63,864 | €46,373 | €60,378 | €44,591 | €101,049 | ▲ 127% |
| Equity10/15 | €35,815 | €9,105 | €26,475 | €16,071 | €45,521 | ▲ 183% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Outside capital11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Other1109/19 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €23,415 | €1,306 | €14,075 | €3,671 | €33,121 | ▲ 802% |
| Non-distributable reserves130/1 | €1,306 | €1,306 | €1,306 | €1,306 | €1,306 | = |
| Reserves not available under the articles1311 | €1,306 | €1,306 | €1,306 | €1,306 | €1,306 | = |
| Distributable reserves133 | €22,109 | - | €12,769 | €2,365 | €31,815 | ▲ 1,245% |
| Profit (loss) carried forward14 | - | -€4,601 | - | - | - | - |
| Amounts payable17/49 | €28,049 | €37,268 | €33,903 | €28,520 | €55,528 | ▲ 94.7% |
| Amounts payable within one year42/48 | €28,049 | €37,268 | €33,903 | €28,520 | €55,528 | ▲ 94.7% |
| Trade debts44 | €20,321 | €27,150 | €28,527 | €22,051 | €45,544 | ▲ 107% |
| Suppliers440/4 | €20,321 | €27,150 | €28,527 | €22,051 | €45,544 | ▲ 107% |
| Taxes, remuneration and social security45 | €7,628 | €10,018 | €5,376 | €6,469 | €9,985 | ▲ 54.4% |
| Taxes450/3 | - | €4,396 | - | €1,517 | €7,078 | ▲ 367% |
| Remuneration and social security454/9 | €7,628 | €5,622 | €5,376 | €4,952 | €2,907 | ▼ 41.3% |
| Other amounts payable47/48 | €100 | €100 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€11,329 | -€26,710 | €17,370 | -€10,404 | €29,450 | ▲ 383% |
| + Depreciation and write-downs630 | €15,149 | €4,746 | €4,465 | €4,120 | €3,310 | ▼ 19.7% |
| Operating cash flow (approximation) | €3,819 | -€21,964 | €21,835 | -€6,284 | €32,759 | ▲ 621% |
| Investment in fixed assets (approximation) | - | €0 | -€3,848 | €0 | -€8,722 | - |
| Change in cash | - | -€9,266 | €16,487 | -€15,665 | €9,795 | ▲ 163% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
31-12
Financial
Back to profitnet €29,450
Net result €29,450 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 23 days late
2023
31-12
Financial
Back to profitnet €17,370
Net result €17,370 after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet -€26,710
Net result drops to -€26,710, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 26 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 1.53
Current ratio from 0.63 to 1.53; short-term debt falls from €40,663 to €24,255.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 23 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 24 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 6 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Mons · 1 establishment unit since 2013
Ground area
97 m²
Building footprint
76 m²
Volume, LiDAR
815 m³
Parcel 53403E0758/00V004, Wallonia · tallest building 11.9 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
MENA-PHOENIX
since 20132.224.612.846
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53403E0758/00V004 | Wallonia | 97 m² | 1 · 76 m² | 11.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteMons2.224.612.846
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Of 21,835 companies in this sector we hold annual accounts for 9,786. 8,427 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded27-11-2013
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0542496452
Also
9925:BE0542496452
Registered
20-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.