Skip to content

Mendebra

Active
Limited partnershipfounded 2016active for 10 yearsVijvermeerspark 20, 9000 Gent, BelgiumKBO/BCE: BE 0656.706.331
Summary

Mendebra is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For Mendebra, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €72,310 and a net result of €30,847. Equity is growing by about 51% per year across the filed financial years. Its solvency ranks better than 25% of 8,838 sector peers (NACE 64, financial year 2023). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activities of holding companies
NACE 64210
1 site
Size
€303,319total assets 2023
Equity
€72,310
Profit
€30,847
Turnover not published (micro format)
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
Structure
2024 accounts not filed, 451 days past the deadline1 of 4 deeds summarised
Signalsraises riskTwo or more financial years not filedneutralLatest accounts filed on timeShow the evidence

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.
Filing: At least two filing cycles are missing
Bankruptcy probability, 12 months

This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.

Credit check for your own amount and term

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

Signals

Two signals.
raises riskneutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline25-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-07-2024, 0 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
on the day
2022
31 days early
2021
50 days early
2017
29 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 13 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Ingrid DE BRAEKELEIR (manager)Reappointment: Yves MENGÉ (manager) ·…
  2. Annual accounts filedfinancial year 2023 · micro…
  3. Highest result from 2021 to 2023net €30,847 ▲85.8%

Financials · financial year 2023, micro format

2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 25 October 2026.

Equity
€72,310▲ 67.9%
2022 · €43,063
Net result
€30,847▲ 85.8%
2022 · €16,604
Total assets
€303,319▲ 5.0%
2022 · €288,997
Solvency
23.8%▲ 8.9pp
2022 · 14.9%
Trend over the years

2021 to 2023, 3 financial years 2021 to 2023, 3 financial years

The operating result has risen two years in a row; 2023 is 9% above 2022 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€27,170 2023 Net result€30,847 2023

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202120222023
Operating result€13,256-€25,023▲ 88.8%€27,170▲ 8.6%
Net result€7,538within the sector's middle half-€16,604within the sector's middle half▲ 120%€30,847within the sector's middle half▲ 85.8%
Equity€28,059below the sector's middle half-€43,063within the sector's middle half▲ 53.5%€72,310within the sector's middle half▲ 67.9%
Total assets€300,497within the sector's middle half-€288,997within the sector's middle half▼ 3.8%€303,319within the sector's middle half▲ 5.0%
Debt€272,438-€245,934▼ 9.7%€231,009▼ 6.1%
Working capital€3,724within the sector's middle half-€12,849within the sector's middle half▲ 245%€38,696within the sector's middle half▲ 201%
Solvency9.3%below the sector's middle half-14.9%below the sector's middle half▲ 5.6pp23.8%below the sector's middle half▲ 8.9pp
Current ratio1.09within the sector's middle half-1.32within the sector's middle half▲ 0.231.79within the sector's middle half▲ 0.47
Return on assets (ROA)2.5%within the sector's middle half-5.7%within the sector's middle half▲ 3.2pp10.2%within the sector's middle half▲ 4.4pp
above within below the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €303,319
Fixed assets €215,619 ▼ 8.7%
Current assets €87,700 ▲ 65.9%
Equity and liabilities €303,319
Equity €72,310 ▲ 67.9%
Debt €231,009 ▼ 6.1%
Debt's share of the balance-sheet total falls from 85.1% to 76.2%. Equity is higher and debt is lower.
Key figures and ratios
2023 value · change against 2022
ROE
42.7%▲
2022 · 38.6%
Debt ≤ 1 year
€49,005▲
2022 · €40,023
Debt > 1 year
€182,005▼
2022 · €205,911
Income taxes
€11,229▲
2022 · €5,750
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 41 lines
Balance sheet Code20222023
Assets
Total assets20/58€288,997€303,319▲
Fixed assets21/28€236,125€215,619▼
Tangible fixed assets22/27€236,125€215,619▼
Land and buildings22€236,125€215,619▼
Current assets29/58€52,872€87,700▲
Amounts receivable within one year40/41€11,381€11,125▼
Trade receivables40€11,381€11,125▼
Cash at bank and in hand54/58€41,336€76,407▲
Deferred charges and accrued income490/1€155€169▲
Equity and liabilities
Total equity and liabilities10/49€288,997€303,319▲
Equity10/15€43,063€72,310▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€42,063€71,310▲
Amounts payable17/49€245,934€231,009▼
Amounts payable after more than one year17€205,911€182,005▼
Financial debts170/4€39,261€26,305▼
Advances received on contracts in progress176€166,650€152,850▼
Other amounts payable178/9-€2,850
Amounts payable within one year42/48€40,023€49,005▲
Current portion of amounts payable after more than one year42€12,585€12,957▲
Trade debts44€153€153=
Suppliers440/4€153€153=
Taxes, remuneration and social security45€6,356€14,743▲
Taxes450/3€6,356€14,743▲
Other amounts payable47/48€20,929€21,152▲
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,506€20,506=
Other operating charges640/8€1,101€1,313▲
Gross operating margin9900€46,630€48,989▲
Operating profit (loss)9901€25,023€27,170▲
Financial income75/76B-€17,511
Recurring financial income75-€17,511
Financial charges65/66B€2,670€2,604▼
Recurring financial charges65€2,670€2,604▼
Profit (loss) for the period before taxes9903€22,353€42,076▲
Income taxes67/77€5,750€11,229▲
Profit (loss) for the period9904€16,604€30,847▲
Profit (loss) for the period to be appropriated9905€16,604€30,847▲
Appropriation of the result
Profit (loss) to be appropriated9906€43,663€72,910▲
Profit (loss) brought forward from the previous period14P€27,059€42,063▲
Profit to be distributed694/7€1,600€1,600=
Return on contributions (dividend)694€1,600€1,600=

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,506€20,506€20,506=
Other operating charges640/8€1,903€1,101€1,313▲ 19.3%
Gross operating margin9900€35,666€46,630€48,989▲ 5.1%
Operating profit (loss)9901€13,256€25,023€27,170▲ 8.6%
Financial income75/76B--€17,511-
Recurring financial income75--€17,511-
Financial charges65/66B€2,974€2,670€2,604▼ 2.5%
Recurring financial charges65€2,974€2,670€2,604▼ 2.5%
Profit (loss) for the period before taxes9903€10,282€22,353€42,076▲ 88.2%
Income taxes67/77€2,744€5,750€11,229▲ 95.3%
Profit (loss) for the period9904€7,538€16,604€30,847▲ 85.8%
Profit (loss) for the period to be appropriated9905€7,538€16,604€30,847▲ 85.8%
Line202120222023Change
Assets
Total assets20/58€300,497€288,997€303,319▲ 5.0%
Fixed assets21/28€256,631€236,125€215,619▼ 8.7%
Tangible fixed assets22/27€256,631€236,125€215,619▼ 8.7%
Land and buildings22€256,631€236,125€215,619▼ 8.7%
Current assets29/58€43,866€52,872€87,700▲ 65.9%
Amounts receivable within one year40/41€11,533€11,381€11,125▼ 2.2%
Trade receivables40€11,533€11,381€11,125▼ 2.2%
Cash at bank and in hand54/58€32,191€41,336€76,407▲ 84.8%
Deferred charges and accrued income490/1€141€155€169▲ 9.2%
Equity and liabilities
Total equity and liabilities10/49€300,497€288,997€303,319▲ 5.0%
Equity10/15€28,059€43,063€72,310▲ 67.9%
Contributions10/11€1,000€1,000€1,000=
Profit (loss) carried forward14€27,059€42,063€71,310▲ 69.5%
Amounts payable17/49€272,438€245,934€231,009▼ 6.1%
Amounts payable after more than one year17€232,296€205,911€182,005▼ 11.6%
Financial debts170/4€51,846€39,261€26,305▼ 33.0%
Advances received on contracts in progress176€180,450€166,650€152,850▼ 8.3%
Other amounts payable178/9--€2,850-
Amounts payable within one year42/48€40,142€40,023€49,005▲ 22.4%
Current portion of amounts payable after more than one year42€12,221€12,585€12,957▲ 3.0%
Trade debts44€137€153€153=
Suppliers440/4€137€153€153=
Taxes, remuneration and social security45€8,003€6,356€14,743▲ 132%
Taxes450/3€8,003€6,356€14,743▲ 132%
Other amounts payable47/48€19,781€20,929€21,152▲ 1.1%
Line202120222023Change
Profit (loss) for the period9904€7,538€16,604€30,847▲ 85.8%
+ Depreciation and write-downs630€20,506€20,506€20,506=
Operating cash flow (approximation)€28,044€37,110€51,353▲ 38.4%
Investment in fixed assets (approximation)-€0€0-
Change in cash-€9,145€35,071▲ 283%

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

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2023 micro format 31-07-2024 2024-00328673
31-12-2022 micro format 30-06-2023 2023-00180029
31-12-2021 micro format 11-06-2022 2022-20060580
31-12-2017 micro format 29-08-2018 2018-53200172

Similar companies · same sector, comparable size

Of the 24,459 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 19,994. 11,637 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, last change in 2025
Yves MENGÉ
Manager · since 31-12-2025
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
3 of this company's 4 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

2 people since 2025, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Yves MENGÉ
  • Manager, since before 31-12-2025
Ingrid DE BRAEKELEIR
  • Manager, until 31-12-2025
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Capital over the years
  1. 25-06-2026 Capital stated in the deed · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

Mendebra was incorporated on 16 June 2016.1 Total assets went from €300,497 in 2021 to €303,319 in 2023.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2021 and 2023

Acts, filings and financial milestones

2026
25-06
Gazette deed Resignation: Ingrid DE BRAEKELEIR (manager)
Reappointment: Yves MENGÉ (manager) · Director discharge · Amendment of the articles10 facts ▸
  • General meeting, 19-05-2026
  • Director resignation, Ingrid DE BRAEKELEIR (manager)
  • Director discharge, Ingrid DE BRAEKELEIR (manager)
  • Director reappointment, Yves MENGÉ (manager)
  • Amendment of the articles (2 times)
  • Capital
  • Director in office, Yves MENGÉ (statutory manager)
  • Non substantive, “page furniture” (deed in Dutch)
  • Registered office clause, “tot nader order, Vijvermeerspark 20, 9000 GENT” (deed in Dutch)
  • Power of attorney, NV DKF FIDUCIAIRE 5.0
2024
31-07
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Highest result from 2021 to 2023net €30,847 ▲85.8%
Operating result €27,170, net result €30,847, both a record.
30-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
11-06
NBB filing Annual accounts filed
financial year 2021 · micro format
2018
29-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 29 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 4 deeds read
About the unread acts

Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formLimited partnership
Founded16-06-2016
Financial year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0656706331
Also 9925:BE0656706331
Registered 26-09-2025

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

Register as of 24 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2016
registered office establishment The establishment unit on the map
Ground area
432 m²
Building footprint
117 m²
Building volume
780 m³
Parcel 44062A0154/00H002, Flanders · tallest building 9.1 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Vijvermeerspark 20, 9000 Gent
Activities of holding companies
since 2016unit no. 2.255.426.578
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
44062A0154/00H002 Flanders 432 m² 1 · 117 m² 9.1 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het opbouwen en beheren van een patrimonium, zowel roerend als onroerend; Het optreden als aandeelhouder zowel in meerderheidsparticipatie…” (deed in Dutch)
3 activities (deed in Dutch)
  1. Het opbouwen en beheren van een patrimonium, zowel roerend als onroerend
  2. Het optreden als aandeelhouder zowel in meerderheidsparticipatie als in minderheidsparticipatie
  3. Het optreden als manager

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
MENDEBRA
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, bestuurs- en uitbatingszetels, agentschappen en bijhuizen, bureaus en stapelhuizen in België en buitenland bij eenvoudige…” (deed in Dutch)

deed of 25-06-2026

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
The sole manager
Board ruleHow the board is made up, meets and takes decisions.
“Bepaalde of onbepaalde duur, zaakvoerders” (deed in Dutch)
1 more provision on this in the deed

deed of 25-06-2026

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Andersluidende of meer specifieke bepalingen in een door alle vennoten ondertekende aandeelhoudersovereenkomst, voorafgaandelijke instemming…” (deed in Dutch)
Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
One provision in the deed

deed of 25-06-2026

Meetings and financial year

Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
“Aandelen zijn ondeelbaar ten opzichte van de vennootschap, 1” (deed in Dutch)
“Bijzondere regels in statuten voor specifieke beslissingen, gewone meerderheid” (deed in Dutch)
“Drie vierden (3/4) van de stemmen” (deed in Dutch)
“Bij staken van stemmen is het voorstel verworpen, unanimiteit” (deed in Dutch)

deed of 25-06-2026

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
One provision in the deed
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 25-06-2026

Other provisionsOther rules from the articles that fall under none of the themes above.

“Gecommanditeerde vennoten, uitdrukkelijk en mits een geschreven arbeidsovereenkomst” (deed in Dutch)
“Commanditaire vennoten, individuele onderzoeksbevoegdheid” (deed in Dutch)
“Individuele onderzoeks- en controlebevoegdheid voor elke vennoot, zoals een commissaris” (deed in Dutch)
11 more provisions in the deed, see the deed of 25-06-2026

deed of 25-06-2026