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MENDA CONSTRUCT

Active
Private limited companyfounded 200917 yrs activeKapelstraat 9, 3900 Pelt, BelgiumKBO/BCE: BE 0811.578.907
Summary

The annual accounts of MENDA CONSTRUCT for fiscal year 2025 show a net loss of 86% of total assets and of 52% of the equity at the start of that year. The 2025 annual accounts show equity of €2,069 and a net result of -€2,214. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
59 / 100
Fair
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Age of the figures
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€2,214
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 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
74 d early
2024
64 d early
2023
64 d early
2022
62 d early
2021
65 d early
2020
61 d early
2019
63 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 65 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 28 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 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

History

On 6 May 2009, MENDA CONSTRUCT was incorporated.1 Total assets went from EUR 1,530 in 2018 to EUR 2,581 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€2,069▼ 51.7%
2024 · €4,283
Total assets
€2,581▼ 40.4%
2024 · €4,333
Net result
-€2,214▲ 34.4%
2024 · -€3,376
Working capital
€2,069▼ 51.7%
2024 · €4,283
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-€2,700▲ 24.4%€46,715-€4,406-€3,519▲ 20.1%-€2,768▲ 21.3%
Net result-€2,555▲ 25.4%€43,216-€4,024-€3,376▲ 16.1%-€2,214▲ 34.4%
Equity-€31,533▼ 8.8%€11,683€7,659▼ 34.4%€4,283▼ 44.1%€2,069▼ 51.7%
Total assets€199▼ 9.2%€16,313▲ 8,114%€8,245▼ 49.5%€4,333▼ 47.4%€2,581▼ 40.4%
Debt€31,732▲ 8.7%€4,630▼ 85.4%€586▼ 87.4%€50▼ 91.5%€512▲ 924%
Working capital-€31,533▼ 8.8%€11,683€7,659▼ 34.4%€4,283▼ 44.1%€2,069▼ 51.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2021: -€2,700-€2,700Net result 2021: -€2,555-€2,555Operating result 2022: €46,715€46,715Net result 2022: €43,216€43,216Operating result 2023: -€4,406-€4,406Net result 2023: -€4,024-€4,024Operating result 2024: -€3,519-€3,519Net result 2024: -€3,376-€3,376Operating result 2025: -€2,768-€2,768Net result 2025: -€2,214-€2,21420212022202320242025-€6,000-€4,000-€2,000€0Operating result 2023: -€4,406-€4,410Net result 2023: -€4,024-€4,020Operating result 2024: -€3,519-€3,520Net result 2024: -€3,376-€3,380Operating result 2025: -€2,768-€2,770Net result 2025: -€2,214-€2,210202320242025
The operating result stays negative: a loss of €2,768 in 2025 against €3,519 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €2,581
Equity €2,069 ▼ 51.7%
Debt €512 ▲ 924%
Debt's share of the balance-sheet total rises from 1.2% to 19.8%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€512▲
2024 · €50
Ratios withheld: a balance sheet total of €2,581 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,815 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
1.9% went bankrupt
9.8% stopped otherwise
88% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 4,815 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 25 lines
Balance sheet Code20242025
Assets
Total assets20/58€4,333€2,581▼
Current assets29/58€4,333€2,581▼
Cash at bank and in hand54/58€4,333€2,581▼
Equity and liabilities
Total equity and liabilities10/49€4,333€2,581▼
Equity10/15€4,283€2,069▼
Contributions10/11€8,060€8,060=
Profit (loss) carried forward14-€3,777-€5,991▼
Amounts payable17/49€50€512▲
Amounts payable within one year42/48€50€512▲
Trade debts44-€462
Suppliers440/4-€462
Other amounts payable47/48€50€50=
Income statement Code20242025
Other operating charges640/8€482€524▲
Gross operating margin9900-€3,036-€2,244▲
Operating profit (loss)9901-€3,519-€2,768▲
Financial income75/76B€194€603▲
Recurring financial income75€194€603▲
Non-recurring financial income76B€194€603▲
Financial charges65/66B€51€50▼
Recurring financial charges65€51€50▼
Profit (loss) for the period before taxes9903-€3,376-€2,214▲
Profit (loss) for the period9904-€3,376-€2,214▲
Profit (loss) for the period to be appropriated9905-€3,376-€2,214▲
Appropriation of the result
Profit (loss) to be appropriated9906-€3,777-€5,991▼
Profit (loss) brought forward from the previous period14P-€401-€3,777▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€50,404----
Other operating charges640/8€491€540€446€482€524▲ 8.6%
Gross operating margin9900-€2,209€47,255-€3,959-€3,036-€2,244▲ 26.1%
Operating profit (loss)9901-€2,700€46,715-€4,406-€3,519-€2,768▲ 21.3%
Financial income75/76B€194€478€382€194€603▲ 212%
Recurring financial income75€194€478€382€194€603▲ 212%
Non-recurring financial income76B€194€478€382€194€603▲ 212%
Financial charges65/66B€48€96-€51€50▼ 2.9%
Recurring financial charges65€48€96-€51€50▼ 2.9%
Profit (loss) for the period before taxes9903-€2,555€47,097-€4,024-€3,376-€2,214▲ 34.4%
Income taxes67/77-€3,880----
Profit (loss) for the period9904-€2,555€43,216-€4,024-€3,376-€2,214▲ 34.4%
Profit (loss) for the period to be appropriated9905-€2,555€43,216-€4,024-€3,376-€2,214▲ 34.4%
Line20212022202320242025Change
Assets
Total assets20/58€199€16,313€8,245€4,333€2,581▼ 40.4%
Current assets29/58€199€16,313€8,245€4,333€2,581▼ 40.4%
Cash at bank and in hand54/58€151€16,313€8,245€4,333€2,581▼ 40.4%
Deferred charges and accrued income490/1€48-----
Equity and liabilities
Total equity and liabilities10/49€199€16,313€8,245€4,333€2,581▼ 40.4%
Equity10/15-€31,533€11,683€7,659€4,283€2,069▼ 51.7%
Contributions10/11€6,200€6,200€8,060€8,060€8,060=
Reserves13€101€1,860----
Non-distributable reserves130/1€101€1,860----
Reserves not available under the articles1311€101€1,860----
Profit (loss) carried forward14-€37,834€3,623-€401-€3,777-€5,991▼ 58.6%
Amounts payable17/49€31,732€4,630€586€50€512▲ 924%
Amounts payable within one year42/48€31,732€4,630€586€50€512▲ 924%
Trade debts44€756€700€536-€462-
Suppliers440/4€756€700€536-€462-
Taxes, remuneration and social security45-€3,880----
Taxes450/3-€3,880----
Other amounts payable47/48€30,976€50€50€50€50=
Line20212022202320242025Change
Profit (loss) for the period9904-€2,555€43,216-€4,024-€3,376-€2,214▲ 34.4%
Operating cash flow (approximation)-€2,555€43,216-€4,024-€3,376-€2,214▲ 34.4%
Change in cash-€16,162-€8,068-€3,912-€1,752▲ 55.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
18-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
28-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Liquidity times 6current ratio 86.66
Current ratio from 14.08 to 86.66; short-term debt falls from €586 to €50.
28-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity quadruplescurrent ratio 14.08
Current ratio from 3.52 to 14.08; short-term debt falls from €4,630 to €586.
30-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Back to profitnet €43,216
Net result €43,216 after 4 loss-making years.
31-12
Financial Liquidity times 563current ratio 3.52
Current ratio from 0.01 to 3.52; short-term debt falls from €31,732 to €4,630.
27-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
29-05
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-05
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-05
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
02-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated 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, Pelt · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
897 m²
Building footprint
143 m²
Parcel 72502D0580/00T000, Flanders. Linked by address, not a title deed.
1 establishment unit
Menda Construct
Kapelstraat 9, 3900 PeltConstruction of residential and non-residential buildings
since 20092.178.107.383
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72502D0580/00T000 Flanders 897 m² 1 · 143 m² -
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.

Identification & contact

Identification
Legal formPrivate limited company
Founded06-05-2009
Fiscal year end31-12
Contact
E-mail Menda.construct@hotmail.com
Phone 0476/880307
E-invoicing
Reachable via Peppol
Peppol ID 0208:0811578907
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.