Gross margin from €50,260 to €30,584Result from €35,713 to €16,866Equity from €36,713 to €53,579Debts from €22,502 to €52,226Investments €19,200Cash from €25,039 to €218
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
XXVisible after signing in
HiddenVisible after signing in
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
XXVisible after signing in
Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
XXVisible after signing in
XXVisible after signing in
XXVisible after signing in
Score breakdown
Visible after signing inVisible after signing in
Comparable companies, two years later
In July 2024, 39,326 companies had the same profile as Mendi Construct has now. Each dot stands for 99 companies, two years later.
95.7%
were still trading
2.4%
stopped another way
1.8%
went bankrupt
Micro
2 to 5 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
The companies in ten equal groups, from the lowest to the highest expected share
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
2.9%
3.1%
10
5.6%
6.1%
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 39,326 companies, not a prediction for Mendi Construct. 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 verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
Visible after signing inVisible after signing in
Credit check for an amount and term of your choice
Incorporation
Founding capital of €1,000, 100 shares · Founder: Name after signing inVisible after signing in · Appointment: Name hiddenVisible after signing in (director) · published on 13-05-2024 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as Mendi Construct: general construction of other non-residential buildings (NACE 41003). They are comparable in size and age: total assets between €68,600 and €120,000, founded between 2022 and 2024.
The 2026 annual accounts show equity of €53,579 and a net result of €16,866. Its solvency ranks better than 49% of 413 sector peers (NACE 41, financial year 2026).
The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
The company number of Mendi Construct is 1009.235.609. The VAT number is the same number with BE in front: BE 1009.235.609.
Where is Mendi Construct based?
The registered office is at Wetterse steenweg 45, 9860 Oosterzele.Company details
What does Mendi Construct do?
According to the KBO register, the main activity is general construction of other non-residential buildings (NACE 41003).
What is the legal form of Mendi Construct?
Mendi Construct is a private limited company (BV).
When was Mendi Construct founded?
Mendi Construct was founded on 08-05-2024.
Is Mendi Construct still active?
Yes, Mendi Construct is an active enterprise in the KBO register.
What is the turnover of Mendi Construct?
The turnover in financial year 2026 is ≈ €210,000. This figure is estimated from the gross margin of €30,584 and 181 comparable companies (NACE 410). It probably lies between €120,000 and €380,000.Financials
Is Mendi Construct profitable?
In financial year 2026, Mendi Construct made a profit of €16,866.
Where can I find the annual accounts of Mendi Construct?
Mendi Construct filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of Mendi Construct due?
Mendi Construct must file the annual accounts for financial year 2027 by 31-10-2027.Timeline