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MENAR

Active Private limited companyfounded 2014active for 12 yearsNieuwstraat 76, 1000 BrusselsKBO/BCE: BE 0555.923.430

Lifetime

11 annual accounts with figures on one time axis
peak €33,853 (2016)
€11,754▲ €16,573
lowest -€19,610 (2018)
€11,559▲ €16,592
peak €28,394 (2017)
-€4,587▲ €11,559
€26,672▼ 38.0%
Board3 names since 2017
- 
Documentsfilings and deeds
26-08-202626 days late
2025micro format
Gross margin from -€4,818 to €11,754Back to profit: €11,559Equity from -€16,146 to -€4,587Debts from €43,053 to €26,672Cash from €908 to €305

Key points

from the 2025 annual accounts

Equity

-€4,587
202020212022202320242025

Debts exceed assets in financial year 2025.

Debts

€26,672 121% of the balance sheet
Suppliers 1%Taxes and wages 0%Other 98%

Position in the sector

-20.8%

Lower solvency than 90% of companies in office administrative support. Sector median 50.2% · 10,252 companies.

2025 accounts filed 26 days after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,633 companies had the same profile as MENAR has now. Each dot stands for 10 companies, two years later.

91.8%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3,633 companies, not a prediction for MENAR. 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

Board and ownership

last known board
Manager, until 2021
  • 186 sharesdeed of 02-04-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0555923430
Registered office moved from Zaventem to Brussels New registered office: Nieuwstraat 76, bus 2, 1000 Brussel · Previous registered office: Excelsiorlaan 31, 1930 Zaventem · General meeting of 22-10-2024 · Gazette deed
Resignation: (manager) Transfer of shares from to · Director discharge: holds 186 shares · General meeting of 28-02-2021 · Gazette deed
Registered office moved from Leuven to Zaventem New registered office: Excelsiorlaan 31, 1930 Zaventem · Previous registered office: Parijsstraat 59, 3000 LEUVEN · General meeting of 15-12-2019 · Gazette deed
All 23 events

Comparable companies

same main activity, similar in size and age
Company
MENAR Brussels €22,085 €11,754 -20.8% -
FDconsult Ixelles €23,861 €12,287 -5.7% -
groupe d'initiative italienne Brussels €20,704 €8,685 70.3% -
THE WAY TO BE Etterbeek €28,711 €9,079 66.5% -
B&R CONSULTING Etterbeek €19,611 €10,690 -7.5% -
Y&U Woluwe-Saint-Lambert €14,513 €10,023 47.5% -
POLYBE Beveren-Kruibeke-Zwijndrecht €18,185 €12,833 22.0% -

These companies have the same main activity as MENAR: other business support services (NACE 82990). They are comparable in size and age: total assets between €14,500 and €28,700, founded between 2011 and 2018.

Official details

Source: KBO
Status
Active since 11-07-2014Normal situation
Activity
Other business support servicesNACE 82990
Establishment unit
2.237.916.1971200 Woluwe-Saint-Lambert, since 01-11-2014
Financial year end
31 December
Peppol
Reachable since 10-03-2026
Company details

Annual accounts 2025

≈ €69,000estimated
€22,085▼ 17.9%
Filing
Filed on 26-08-2026
Financials

Insights on MENAR

MENAR files the micro format. That format states no turnover. The gross margin rose from €625 in 2015 to €11,754 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 MENAR

What is the company number of MENAR?
The company number of MENAR is 0555.923.430. The VAT number is the same number with BE in front: BE 0555.923.430.
Where is MENAR based?
The registered office is at Nieuwstraat 76, 1000 Brussels.Company details
What does MENAR do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of MENAR?
MENAR is a private limited company (BV).
When was MENAR founded?
MENAR was founded on 11-07-2014.
Is MENAR still active?
Yes, MENAR is an active enterprise in the KBO register.
What is the turnover of MENAR?
The turnover in financial year 2025 is ≈ €69,000. This figure is estimated from the gross margin of €11,754 and 44 comparable companies (NACE 82990). It probably lies between €36,000 and €130,000. It is a rough estimate.Financials
Is MENAR profitable?
In financial year 2025, MENAR made a profit of €11,559.
Where can I find the annual accounts of MENAR?
MENAR filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MENAR due?
MENAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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