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MENASUD

Active
Public limited companyfounded 199729 yrs activeCourte rue des Fontaines 62, 1300 Wavre, BelgiumKBO/BCE: BE 0460.716.544
Summary

MENASUD has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4,147 and a net result of €5,532. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 15408 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Risk analysisWatch ReportCompare
MENASUDActiveChecked score 64/100
Risk analysis ReportCompare

Overview

Activity
Contract catering and other food service activities
NACE 56220Limited-service restaurants NACE 56102Limited-service restaurants, excluding mobile food services NACE 56112
1 site
Size
€44,862total assets 2025
Equity
€4,147
Profit
€5,532
Turnover not published (abridged schema)
Financial health
64 Healthy Checked score 2025
Bankruptcy chance 12 m
1.5%
Structure
Board
2 members
Accounts filed 5 d late1 of 9 deeds read
Why 64- 1 change of registered office in 24 months- Sector Food and beverage service activities (NACE 56)- Equity €4,147 (9.2% of total assets)+ Liquidity: current ratio 0.66, cash €13,482Show the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 58% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Average
Solvency 34+12
equity 9.2% of total assets
Liquidity 38-1
short-term debt 90.8% · cash 30.1%
Profitability 84+84
return on assets 12.3%
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (23,482 companies)
Last 24 months 11-2024: 1.4% 12-2024: 1.3%▼ -9.7% vs 11-2024 01-2025: 1.3%● 0.0% vs 12-2024 02-2025: 1.3%● 0.0% vs 01-2025 03-2025: 1.3%● 0.0% vs 02-2025 04-2025: 1.3%▼ -1.0% vs 03-2025 05-2025: 1.3%● 0.0% vs 04-2025 06-2025: 1.3%● 0.0% vs 05-2025 07-2025: 1.3%▼ -0.2% vs 06-2025 08-2025: 1.3%▼ -1.0% vs 07-2025 09-2025: 1.2%▼ -4.0% vs 08-2025 10-2025: 1.5%▲ +19.5% vs 09-2025 11-2025: 1.8%▲ +22.7% vs 10-2025highest value 12-2025: 0.5%▼ -73.1% vs 11-2025lowest value 01-2026: 0.5%● 0.0% vs 12-2025lowest value 02-2026: 0.5%▲ +2.9% vs 01-2026 03-2026: 0.5%● 0.0% vs 02-2026 04-2026: 1.0%▲ +103% vs 03-2026 05-2026: 1.0%● 0.0% vs 04-2026 06-2026: 1.0%● 0.0% vs 05-2026 07-2026: 1.1%▲ +4.6% vs 06-2026 08-2026: 1.2%▲ +17.2% vs 07-2026 09-2026: 1.2%▼ -4.4% vs 08-2026 10-2026: 1.5%▲ +22.9% vs 09-2026
  • 1 change of registered office in 24 months raises the probability
  • Sector Food and beverage service activities (NACE 56) raises the probability
  • Equity €4,147 (9.2% of total assets) raises the probability
  • Liquidity: current ratio 0.66, cash €13,482 lowers the probability
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 32%, liquidity 32%, profitability 71%, growth against the median 97%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Equity €4,147 (9.2% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.66, cash €13,482
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 05-11-2025, 5 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 filings
Deviation from the deadline
2025
5 d late
2024
2 d early
2023
29 d late
2022
10 d early
2021
23 d early
2020
53 d early
2019
51 d early
← 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 15 days before 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 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 29 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close03-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Resignations: Karine Puttemans (director) and Frank…Appointments: Fayt Elodie (director) and…
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Back to profitnet €5,532

Key points

  • Caution: Board changedlatest change 01-02-2026 · 2 in office 2 joined · 2 left View
  • Active since 1997founded 23-05-1997 29 years View
  • Total assets 20256 fiscal years filed €44,862 View

By topic

Financials

Fiscal year
2025
Total assets
€44,862
Profit
€5,532
Solvency
9.2%
Total assets▼ 1.7%
Net result
20192025
Go to Financials

Timeline

Events
15
Since
2016
Next accounts
by 31-10-2026
  1. 04-03-2026Resignations: Karine Puttemans (director) and Frank Boden…
  2. 05-11-2025Annual accounts filed
  3. 31-03-2025Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Contract catering and other food service activitiesNACE 56220
Founded
23-05-1997
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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