MenCSol
ActiveMenCSol has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €125k and a net result of €46k. Equity is growing by ~29.1% per year across the filed fiscal years. Its solvency ranks better than 56% of 2281 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability98=
Solvency89▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.92 against 2.76 in 2023; short-term debt: 33.5% and cash: 89.3% of total assets), and 36.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
33 d early
2022
31 d early
2021
37 d early
2020
36 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€125k▲ 58.0%
2023 · €79k
2019: €35k
2020: €50k
2021: €17k
2022: €48k
2023: €79k
2019 → 2024
Total assets
€196k▲ 43.2%
2023 · €137k
2019: €102k
2020: €79k
2021: €71k
2022: €104k
2023: €137k
2019 → 2024
Net result
€46k▲ 45.3%
2023 · €32k
2019: €23k
2020: €15k
2021: €-33k
2022: €31k
2023: €32k
2019 → 2024
Working capital
€127k▲ 51.5%
2023 · €84k
2019: €25k
2020: €40k
2021: €44k
2022: €55k
2023: €84k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€50k-€17k▼ 65.9%€48k▲ 183%€79k▲ 66.4%€125k▲ 58.0%
Operating result€23k-€-31k€35k€48k▲ 39.3%€68k▲ 39.9%
Net result€15k-€-33k€31k€32k▲ 2.7%€46k▲ 45.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 40% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €196k
Fixed assets
€4k▼ 36.0%
Current assets
€193k▲ 46.8%
Equity and liabilities €196k
Equity
€125k▲ 58.0%
Debt
€71k▲ 22.9%
The debt ratio falls from 42.1% to 36.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€70k▲
2023 · €50k
Cash flow
€48k▲
2023 · €34k
Solvency
63.8%▲
2023 · 57.9%
Current ratio
2.92▲
2023 · 2.76
Quick ratio
2.92▲
2023 · 2.76
Debt / equity
0.57▼
2023 · 0.73
ROE
36.7%▼
2023 · 39.9%
ROA
23.4%▲
2023 · 23.1%
Interest coverage
24.97▼
2023 · 32.38
Debt
€71k▲
2023 · €58k
Debt ≤ 1 year
€66k▲
2023 · €48k
Debt > 1 year
€5k▼
2023 · €10k
Income taxes
€19k▲
2023 · €15k
Staff costs
€0▼
2023 · €143
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€137k€196k▲
Fixed assets21/28€6k€4k▼
Tangible fixed assets22/27€6k€4k▼
Land and buildings22€5k€4k▼
Furniture and vehicles24€642€196▼
Current assets29/58€131k€193k▲
Amounts receivable within one year40/41€15k€15k▲
Trade receivables40€13k€14k▲
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€116k€175k▲
Deferred charges and accrued income490/1€0€2k▲
Equity and liabilities
Total equity and liabilities10/49€137k€196k▲
Equity10/15€79k€125k▲
Contributions10/11€12k€12k=
Reserves13€69k€115k▲
Distributable reserves133€69k€115k▲
Profit (loss) carried forward14€-2k€-2k=
Amounts payable17/49€58k€71k▲
Amounts payable after more than one year17€10k€5k▼
Financial debts170/4€10k€5k▼
Amounts payable within one year42/48€48k€66k▲
Current portion of amounts payable after more than one year42€15k€20k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€3k€3k▲
Other amounts payable47/48€27k€39k▲
Accrued charges and deferred income492/3€50€34▼
Income statement
Code20232024
Remuneration, social security and pensions62€143€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€483€1k▲
Gross operating margin9900€51k€71k▲
Operating profit (loss)9901€48k€68k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€47k€65k▲
Income taxes67/77€15k€19k▲
Profit (loss) for the period9904€32k€46k▲
Profit (loss) for the period to be appropriated9905€32k€46k▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€44k▲
Profit (loss) brought forward from the previous period14P€-2k€-2k=
Transfer to equity691/2€32k€46k▲
To other reserves6921€32k€46k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €46k ▲45.3%
Operating result €68k, net result €46k, both a record.
31-12
Financial
Equity above €100kEq €125k ▲58%
3 profitable years in a row build equity to €125k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-33k ▼325%
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity doublescurrent ratio 3.94
Current ratio from 1.58 to 3.94; short-term debt falls from €43k to €14k.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Landen · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hannuitsesteenweg 4123401 LandenGround area
2,146 m²
Building footprint
288 m²
Volume, LiDAR
1,651 m³
2 parcels, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MenCSol
since 20192.283.752.657
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24118A0305/00Z000 | Flanders | 1,405 m² | 1 · 116 m² | 8.6 m · 2 fl. |
| 24118A1457/00A000 | Flanders | 741 m² | 1 · 171 m² | 9.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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TOF
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Of 3,152 companies in sector 63920 we hold annual accounts for 1,522. 1,256 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2019
Fiscal year end31-12
Activities, NACEBEL
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
43211General electrical installation work
82100Office administrative and support services
82110Office administrative, office support and other business support activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.