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Mendi Construct

Active Private limited companyfounded 2024active for 2 yearsWetterse steenweg 45, 9860 OosterzeleKBO/BCE: BE 1009.235.609

Lifetime

2 annual accounts with figures on one time axis
peak €50,260 (2025)
€30,584▼ 39.1%
peak €35,713 (2025)
€16,866▼ 52.8%
peak €53,579 (2026)
€53,579▲ 45.9%
€52,226▲ 132%
Board1 name since 2024
1 director
Documentsfilings and deeds
11-09-202650 days before the deadline
2026micro format
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

Key points

from the 2026 annual accounts

Turnover

≈ €210,000 estimated

The micro format states no turnover.

Investments

€19,200 4.2 × depreciation
20252026

Green is investment, beige is depreciation.

Liquidity

1.55 was 2.19 in 2025

Short-term debts rose from €22,502 to €52,226.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 100 sharesdeed of 13-05-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1009235609
First establishment Spoorweglaan 5, Wetteren
Incorporation Founding capital of €1,000, 100 shares · Founder: · Appointment: (director) · published on 13-05-2024 · Gazette deed
All 5 events

Comparable companies

same main activity, similar in size and age
Company
Mendi Construct Oosterzele €105,806 €30,584 50.6% -
Bram Gysbrechts Lier €87,795 €32,138 38.0% -
BD ONDERNEMINGEN Sint-Niklaas €68,616 €40,177 63.7% -
SJ-TECH Berlare €106,865 €21,874 38.2% -
HAESAERT NIELS Lievegem €120,049 €37,482 68.7% -
GANDRA DIAS Nivelles €72,917 €33,294 22.6% -
VISTAPLAN PROJECTS Bruges €74,567 €38,225 93.0% -

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.

Official details

Source: KBO
Status
Active since 08-05-2024Normal situation
Activity
General construction of other non-residential buildingsNACE 41003and 1 other
Establishment unit
2.360.039.3959230 Wetteren, since 14-05-2024
Financial year end
31 March
Peppol
Reachable since 17-02-2025
Company details

Annual accounts to 31-03-2026

€105,806▲ 78.7%
Filing
Filed on 11-09-2026, 50 days before the end of the filing period
Financials

Insights on Mendi Construct

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.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Mendi Construct

What is the company number of Mendi Construct?
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

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