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MENDOA

Active
Private limited companyfounded 2020active for 6 yearsJules Franquistraat 39, 1190 Vorst, BelgiumKBO/BCE: BE 0751.855.215
Summary

The computed 12-month bankruptcy probability of MENDOA is 7.4% (elevated). The 2024 annual accounts show equity of €773 and a net result of -€525. Equity has been shrinking by about 48% per year since 2021. Its solvency ranks better than 42% of 9,837 sector peers (NACE 41, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 06-08-2020 Normal situation
Activity
General construction of residential buildings NACE 41001and 2 others
Establishment unit
2.306.122.639 1190 Vorst, since 06-08-2020
Financial year end
31 December
Peppol
Reachable since 06-04-2026

Board and ownership

Board
  • ALACA KenanDirector

Financial position

33 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
7.4%
Annual accounts 2024
Gross margin
€300
Turnover
≈ €3,600
estimated
Loss
€525
▼ 72.0%
Equity
€773
▼ 40.5%
Total assets
€2,255
▼ 39.1%
  • 2025 accounts not filed, 95 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 59 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 30-09-2025)Founded in 2020lowers riskSize: total assets €2,255Show the evidence

Checked score

Score 2024
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 21% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2023
Weak
Solvency 59-1
equity 34.3% of total assets
Liquidity 30-1
short-term debt 65.7%
Profitability 0=
return on assets -23.3%
Bankruptcy probability within 12 months
7.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,453 companies, NACE 41, micro)
Last 24 months 12-2024: 9.4% 01-2025: 10.0%▲ +0.6 percentage points vs 12-2024 02-2025: 10.0%● unchanged vs 01-2025 03-2025: 10.0%● unchanged vs 02-2025 04-2025: 10.0%● unchanged vs 03-2025 05-2025: 10.0%● unchanged vs 04-2025 06-2025: 10.0%● unchanged vs 05-2025 07-2025: 10.0%● unchanged vs 06-2025highest value 08-2025: 9.2%▼ -0.8 percentage points vs 07-2025 09-2025: 9.1%▼ -0.1 percentage points vs 08-2025 10-2025: 6.2%▼ -2.9 percentage points vs 09-2025 11-2025: 6.0%▼ -0.2 percentage points vs 10-2025 12-2025: 6.0%● unchanged vs 11-2025 01-2026: 6.0%● unchanged vs 12-2025 02-2026: 6.0%● unchanged vs 01-2026 03-2026: 6.0%● unchanged vs 02-2026 04-2026: 6.1%▲ +0.1 percentage points vs 03-2026 05-2026: 6.0%▼ -0.1 percentage points vs 04-2026 06-2026: 5.9%▼ -0.1 percentage points vs 05-2026 07-2026: 5.8%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 6.6%▲ +0.8 percentage points vs 07-2026 09-2026: 6.7%▲ +0.1 percentage points vs 08-2026 10-2026: 7.4%▲ +0.7 percentage points vs 09-2026 11-2026: 7.4%● unchanged vs 10-2026
No publishable credit limit, so credit only on tighter terms
The balance sheet total is too small for a liquidity verdict.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 41% of them on solvency, 25% on liquidity, 5% on profitability and 13% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Six signals.
lowers riskraises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 59 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 30-09-2025)
NBB · annual accounts
lowers risk · Size: total assets €2,255
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 95 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 59 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
59 days late
2023
424 days late
2022
790 days late
2021
119 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 348 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2024 -€525 View
  • Caution: Less equity than 87% of companies in construction of buildingssector median €45,395 · 9,848 companies €773 View

Recent changes

  1. · Gazette deed Incorporation
All 6 events

Comparable companies

These companies have the same main activity as MENDOA: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €1,660 and €3,410, founded between 2020 and 2021.

CompanyTotal assetsGross margin
MENDOA Vorst€2,255€300
AREMA GROUP SA Liège€2,111-€1,681
Reno Polat Antwerpen€2,012-€1,066
ATJ RENOV Mons€2,267-€350
JORDY GABRIËLS Kalmthout€2,058-€36
RGV Construct Brussel€3,415-€5,087
CLE DE VOUTE Tournai€1,663-€2,631
Full comparison

Key facts about MENDOA

What is the company number of MENDOA?
The company number of MENDOA is 0751.855.215. The VAT number is the same number with BE in front: BE 0751.855.215.
Where is MENDOA based?
The registered office is at Jules Franquistraat 39, 1190 Vorst.Company details
What does MENDOA do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of MENDOA?
The legal form of MENDOA is Private limited company (BV).
When was MENDOA founded?
MENDOA was founded on 06-08-2020.
Is MENDOA still active?
Yes, MENDOA is an active enterprise in the KBO register.
What is the turnover of MENDOA?
The turnover in financial year 2024 is ≈ €3,600. This figure is estimated from the gross margin of €300 and 266 comparable companies (NACE 41001). It probably lies between €1,900 and €6,500. It is a rough estimate.Financials
Is MENDOA profitable?
In financial year 2024, MENDOA made a loss of €525.
Where can I find the annual accounts of MENDOA?
MENDOA filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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