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MENADSWORK

Active
Private limited companyfounded 2010active for 15 yearsVeldkantvoetweg 129, 2540 Hove, BelgiumKBO/BCE: BE 0831.131.533
Summary

MENADSWORK has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €460,702 and a net result of €114,219. Equity has been growing by about 34% per year since 2018. Its solvency ranks better than 53% of 8,583 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 17-11-2010 Normal situation
Activity
Advertising agencies NACE 73110and 2 others
Establishment unit
2.194.386.359 2540 Hove, since 01-01-2011
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€177,615
▲ 10.6%
Turnover
≈ €330,000
estimated
Profit
€114,219
▲ 24.1%
Equity
€460,702
▼ 13.7%
Total assets
€805,924
▲ 18.2%
Filed on 29-06-2026, 32 days before the deadline
Score breakdownlowers riskSize: total assets €805,924Liquidity: current ratio 2.16, cash €280,605Figures for financial year 2025 (filed on 29-06-2026)Equity €460,702 (57.2% of total assets)Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 53% of micro companies in advertising and market research (NACE 73)
Financial strength · tick: 2024
Strong
Solvency 82-18
equity 57.2% of total assets
Liquidity 73-20
short-term debt 42.8% · cash 34.8%
Profitability 86=
return on assets 14.2%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,227 companies, NACE 73, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.16 (4.26 in 2024), above the usual 1.5. Short-term debt is 42.8% and cash 34.8% of total assets. 42.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 73, micro). It does better than 55% of them on solvency, 65% on liquidity, 63% on profitability and 28% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Size: total assets €805,924
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.16, cash €280,605
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 29-06-2026)
NBB · annual accounts
lowers risk · Equity €460,702 (57.2% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
31 days early
2023
34 days early
2022
31 days early
2021
31 days early
2020
31 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 32 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 92% of companies in advertising and market researchsector median €14,898 · 8,584 companies €114,219 View
  • Positive: 8 profitable years in a rowprofit 2025: €114,219 8 years View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View

Recent changes

  1. · Gazette deed Capital decrease of €11,000Change of role: Vincent De Wit, from manager to director
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as MENADSWORK: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €774,000 and €1m, founded between 2008 and 2012.

CompanyTotal assetsGross margin
MENADSWORK Hove€0.8m€0.2m
METALSIGN Lille€1.0m€0.2m
Impact Visual Communication Lier€0.9m€0.2m
BAS JESPERS Antwerpen€1.0m€0.2m
OVERDRUK Erpe-Mere€0.8m€0.2m
EXEDOS Tournai€0.8m€0.2m
YOBU Beersel€0.8m€0.2m
Full comparison

Key facts about MENADSWORK

What is the company number of MENADSWORK?
The company number of MENADSWORK is 0831.131.533. The VAT number is the same number with BE in front: BE 0831.131.533.
Where is MENADSWORK based?
The registered office is at Veldkantvoetweg 129, 2540 Hove.Company details
What does MENADSWORK do?
According to the KBO register, the main activity is advertising agencies (NACE 73110).
What is the legal form of MENADSWORK?
The legal form of MENADSWORK is Private limited company (BV).
When was MENADSWORK founded?
MENADSWORK was founded on 17-11-2010.
Is MENADSWORK still active?
Yes, MENADSWORK is an active enterprise in the KBO register.
What is the turnover of MENADSWORK?
The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €177,615 and 38 comparable companies (NACE 73). It probably lies between €250,000 and €650,000.Financials
Is MENADSWORK profitable?
In financial year 2025, MENADSWORK made a profit of €114,219.
Where can I find the annual accounts of MENADSWORK?
MENADSWORK filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MENADSWORK due?
MENADSWORK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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