Summary
Menco is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €116,921 and a net result of €1,968. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 83% of 5565 sector peers (fiscal year 2025). The company has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
41 d early
2023
8 d late
2022
11 d early
2021
37 d early
2020
32 d early
2019
21 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 20 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€116,921▲ 1.7%
2024 · €114,953
Net result
€1,968▼ 40.0%
2024 · €3,282
Total assets
€132,265▼ 2.9%
2024 · €136,196
Solvency
88.4%▲ 4.0pp
2024 · 84.4%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€11,437€5,787▼ 49.4%€1,009▼ 82.6%€3,773▲ 274%€2,792▼ 26.0%
Net result€11,331€4,974▼ 56.1%€598▼ 88.0%€3,282▲ 449%€1,968▼ 40.0%
Equity€106,099▲ 12.0%€111,073▲ 4.7%€111,671▲ 0.5%€114,953▲ 2.9%€116,921▲ 1.7%
Total assets€106,951▲ 7.8%€141,404▲ 32.2%€138,480▼ 2.1%€136,196▼ 1.6%€132,265▼ 2.9%
Debt€852▼ 80.8%€30,331▲ 3,461%€26,809▼ 11.6%€21,243▼ 20.8%€15,345▼ 27.8%
Working capital€70,079▲ 19.3%€78,141▲ 11.5%€70,225▼ 10.1%€73,506▲ 4.7%€75,389▲ 2.6%
Solvency99.2%▲ 3.7pp78.6%▼ 20.7pp80.6%▲ 2.1pp84.4%▲ 3.8pp88.4%▲ 4.0pp
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €132,265
Fixed assets
€51,625 ▼ 7.6%
Current assets
€80,641 ▲ 0.4%
Equity and liabilities €132,265
Equity
€116,921 ▲ 1.7%
Debt
€15,345 ▼ 27.8%
Debt's share of the balance-sheet total falls from 15.6% to 11.6%. Equity is higher and debt is lower.
Key figures and ratios
ROE
1.7%▼
2024 · 2.9%
ROA
1.5%▼
2024 · 2.4%
Debt ≤ 1 year
€5,251▼
2024 · €6,804
Debt > 1 year
€10,093▼
2024 · €14,439
Income taxes
€452
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €2,295 | €4,261 | €4,261 | €4,261 | = |
| Other operating charges640/8 | €798 | €714 | €2,269 | €995 | €1,005 | ▲ 0.9% |
| Gross operating margin9900 | €12,235 | €8,795 | €7,539 | €9,030 | €8,058 | ▼ 10.8% |
| Operating profit (loss)9901 | €11,437 | €5,787 | €1,009 | €3,773 | €2,792 | ▼ 26.0% |
| Financial income75/76B | - | - | €100 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | €100 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | €106 | €813 | €511 | €491 | €371 | ▼ 24.4% |
| Recurring financial charges65 | €106 | €813 | €511 | €491 | €371 | ▼ 24.4% |
| Profit (loss) for the period before taxes9903 | €11,331 | €4,974 | €598 | €3,282 | €2,420 | ▼ 26.3% |
| Income taxes67/77 | - | - | - | - | €452 | - |
| Profit (loss) for the period9904 | €11,331 | €4,974 | €598 | €3,282 | €1,968 | ▼ 40.0% |
| Profit (loss) for the period to be appropriated9905 | €11,331 | €4,974 | €598 | €3,282 | €1,968 | ▼ 40.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €106,951 | €141,404 | €138,480 | €136,196 | €132,265 | ▼ 2.9% |
| Fixed assets21/28 | €36,020 | €55,812 | €60,148 | €55,886 | €51,625 | ▼ 7.6% |
| Tangible fixed assets22/27 | €36,020 | €55,812 | €60,148 | €55,886 | €51,625 | ▼ 7.6% |
| Land and buildings22 | €36,020 | €36,020 | €36,020 | €36,020 | €36,020 | = |
| Plant, machinery and equipment23 | - | €19,792 | €24,127 | €19,866 | €15,604 | ▼ 21.5% |
| Current assets29/58 | €70,931 | €85,592 | €78,333 | €80,310 | €80,641 | ▲ 0.4% |
| Amounts receivable within one year40/41 | €70,786 | €75,854 | €78,321 | €79,566 | €80,076 | ▲ 0.6% |
| Trade receivables40 | €22,546 | €21,646 | €21,646 | €21,646 | €21,646 | = |
| Other amounts receivable41 | €48,241 | €54,208 | €56,675 | €57,920 | €58,430 | ▲ 0.9% |
| Cash at bank and in hand54/58 | €144 | €9,737 | €12 | €744 | €564 | ▼ 24.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €106,951 | €141,404 | €138,480 | €136,196 | €132,265 | ▼ 2.9% |
| Equity10/15 | €106,099 | €111,073 | €111,671 | €114,953 | €116,921 | ▲ 1.7% |
| Contributions10/11 | €64,500 | €64,500 | €64,500 | €64,500 | €64,500 | = |
| Capital10 | €64,500 | €64,500 | €64,500 | €64,500 | €64,500 | = |
| Issued capital100 | €64,500 | €64,500 | €64,500 | €64,500 | €64,500 | = |
| Reserves13 | €46,157 | €46,157 | €46,157 | €46,157 | €46,157 | = |
| Non-distributable reserves130/1 | €6,450 | €6,450 | €6,450 | €6,450 | €6,450 | = |
| Legal reserve130 | €6,450 | €6,450 | €6,450 | €6,450 | €6,450 | = |
| Distributable reserves133 | €39,707 | €39,707 | €39,707 | €39,707 | €39,707 | = |
| Profit (loss) carried forward14 | -€4,558 | €416 | €1,014 | €4,296 | €6,264 | ▲ 45.8% |
| Amounts payable17/49 | €852 | €30,331 | €26,809 | €21,243 | €15,345 | ▼ 27.8% |
| Amounts payable after more than one year17 | - | €22,880 | €18,701 | €14,439 | €10,093 | ▼ 30.1% |
| Financial debts170/4 | - | €22,880 | €18,701 | €14,439 | €10,093 | ▼ 30.1% |
| Amounts payable within one year42/48 | €852 | €7,451 | €8,108 | €6,804 | €5,251 | ▼ 22.8% |
| Current portion of amounts payable after more than one year42 | - | €4,099 | €4,179 | €4,262 | €4,346 | ▲ 2.0% |
| Trade debts44 | €852 | €2,158 | €3,476 | €2,089 | €0 | ▼ 100% |
| Suppliers440/4 | €852 | €2,158 | €3,476 | €2,089 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | - | €452 | - |
| Taxes450/3 | - | - | - | - | €452 | - |
| Other amounts payable47/48 | - | €1,193 | €453 | €453 | €453 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,331 | €4,974 | €598 | €3,282 | €1,968 | ▼ 40.0% |
| + Depreciation and write-downs630 | - | €2,295 | €4,261 | €4,261 | €4,261 | = |
| Operating cash flow (approximation) | €11,331 | €7,269 | €4,859 | €7,543 | €6,229 | ▼ 17.4% |
| Investment in fixed assets (approximation) | - | -€22,087 | -€8,597 | €0 | €0 | - |
| Change in cash | - | €9,593 | -€9,726 | €732 | -€180 | ▼ 125% |
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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €11,331
Net result €11,331 after one loss-making year.
31-12
Financial
Liquidity times 6current ratio 83.29
Current ratio from 14.27 to 83.29; short-term debt falls from €4,428 to €852.
31-12
Financial
Equity above €100,000Eq €106,099 ▲12%
Equity rises from €94,768 to €106,099.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€507
Net result drops to -€507, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity times 8current ratio 36.11
Current ratio from 4.46 to 36.11; short-term debt falls from €16,322 to €1,688.
Show earlier events
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aartselaar · 1 establishment unit since 1948
Ground area
4,877 m²
Building footprint
1,989 m²
Volume, LiDAR
13,564 m³
Parcel 11001B0278/00T000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kapellestraat 9, 2630 Aartselaar
since 19482.004.775.511
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11001B0278/00T000 | Flanders | 4,877 m² | 1 · 1,989 m² | 9.9 m · 2 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.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 12,688 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
47512Retail sale of household textiles and bedding
66300Activities auxiliary to financial services and insurance activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0404595314
Also
9925:BE0404595314
Registered
14-05-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.