Turnover
≈ €430,000 estimated
The micro format states no turnover.
MENCINA
Lifetime
1 annual account with figurespeak €88,196 (2025)
€88,196
peak €66,314 (2025)
€66,314
peak €67,314 (2025)
€67,314
€32,306
Board1 name since 2024
1 directorATAGÜN Devrim
Documentsfilings and deeds
10-07-202621 days before the deadline
2025micro format
First year with figures
Key points
from the 2025 annual accountsStarting capital
€1,000 100 shares
Position in the sector
€66,314
Higher net result than 91% of companies in retail trade. Sector median €5,052 · 22,922 companies.
Checked score
94
Excellent
Financially stronger than 88% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
09-2025: 1.8%
10-2025: 1.8%● unchanged vs 09-2025
11-2025: 1.9%▲ +0.1 percentage points vs 10-2025
12-2025: 2.2%▲ +0.3 percentage points vs 11-2025
01-2026: 2.3%▲ +0.1 percentage points vs 12-2025
02-2026: 2.6%▲ +0.3 percentage points vs 01-2026
03-2026: 2.6%● unchanged vs 02-2026
04-2026: 2.9%▲ +0.3 percentage points vs 03-2026
05-2026: 2.9%● unchanged vs 04-2026highest value
06-2026: 2.8%▼ -0.1 percentage points vs 05-2026
07-2026: 2.8%● unchanged vs 06-2026
08-2026: 0.2%▼ -2.6 percentage points vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Sector: Retail trade (NACE 47)
lowers risk
Liquidity: current ratio 3.08, cash €70,182
Equity €67,314 (67.6% of total assets)
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 47, micro). It does better than 79% of them on solvency, 88% on liquidity and 96% on profitability.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as MENCINA has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MENCINA itself is lower: 0.2% within 12 months. It rests on far more data about MENCINA than the profile alone.
Test of the method
The method was tested on the 497,448 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 39,278 companies, not a prediction for MENCINA. 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
Credit of up to €6,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 3.08, above the usual 1.5. Short-term debt is 32.4% and cash 70.4% of total assets. 32.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 10-07-2026, 21 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
21 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1012990301
Incorporation
Founding capital of €1,000, 100 shares · Founder: ATAGÜN Devrim · Appointment: ATAGÜN Devrim (director) · published on 03-09-2024 · Gazette deed
First establishment
Lambrechtshoekenlaan 260, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MENCINA Antwerp | €99,620 | €88,196 | 67.6% | - |
| PHARMANOU Sprimont | €112,116 | €77,791 | 78.9% | - |
| CALIS CHARLOTTE Menen | €88,030 | €77,490 | 70.0% | - |
| ARTHUR PHARMA Zaventem | €93,827 | €78,727 | 65.8% | - |
| FARMARIE Destelbergen | €94,659 | €70,507 | 75.3% | - |
| JOERI MAX Peer | €92,467 | €66,416 | 70.5% | - |
| C.V.PHARMA Les Bons Villers | €137,101 | €86,342 | 71.7% | - |
These companies have the same main activity as MENCINA: retail sale of pharmaceutical products (NACE 47730). They are comparable in size and age: total assets between €88,000 and €137,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 30-08-2024Normal situation
- Activity
- Retail sale of pharmaceutical productsNACE 47730
- Establishment unit
- 2.364.030.6492170 Antwerp, since 30-08-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 27-12-2024
Annual accounts 2025
- €99,620
- Filing
- Filed on 10-07-2026, 21 days before the end of the filing period
Insights on MENCINA
MENCINA has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67,314 and a net result of €66,314.
Its solvency ranks better than 79% of 22,939 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
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 MENCINA
- What is the company number of MENCINA?
- The company number of MENCINA is 1012.990.301. The VAT number is the same number with BE in front: BE 1012.990.301.
- Where is MENCINA based?
- The registered office is at Lambrechtshoekenlaan 260, 2170 Antwerp.Company details
- What does MENCINA do?
- According to the KBO register, the main activity is retail sale of pharmaceutical products (NACE 47730).
- What is the legal form of MENCINA?
- MENCINA is a private limited company (BV).
- When was MENCINA founded?
- MENCINA was founded on 30-08-2024.
- Is MENCINA still active?
- Yes, MENCINA is an active enterprise in the KBO register.
- What is the turnover of MENCINA?
- The turnover in financial year 2025 is ≈ €430,000. This figure is estimated from the gross margin of €88,196 and 45 comparable companies (NACE 477). It probably lies between €230,000 and €580,000.Financials
- Is MENCINA profitable?
- In financial year 2025, MENCINA made a profit of €66,314.
- Where can I find the annual accounts of MENCINA?
- MENCINA filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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