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MENDY

Active Private limited companyfounded 2021active for 5 yearsTiensesteenweg 53, 3390 Tielt-WingeKBO/BCE: BE 0768.456.665

Lifetime

5 annual accounts with figures on one time axis
peak €169,847 (2024)
€143,297▼ 15.6%
lowest -€37,219 (2023)
€16,694▼ 76.1%
peak €3,273 (2025)
€3,273▲ €16,694
€209,208▼ 27.6%
Board1 name since 2021
1 director
Documentsfilings and deeds
10-07-202621 days before the deadline
2025micro format
Gross margin from €169,847 to €143,297Result from €69,751 to €16,694Equity from -€13,421 to €3,273Debts from €289,089 to €209,208Cash from €86,695 to €49,730

Key points

from the 2025 annual accounts

Result

€16,694 ▼ 76.1%
€69,8002024€16,7002025

The result fell in 2025 from €69,751 to €16,694.

Turnover

≈ €750,000 estimated

The micro format states no turnover.

Debts

€209,208 98% of the balance sheet
Financial debts 7%Suppliers 29%Taxes and wages 5%Other 59%

Of this, €194,036 falls due within a year.

Staff

8 employees on 31-12-2025
129202114112022253020233837202445392025

In 2025, 45 people joined and 39 left.

Filings

5 annual accounts 4 late
AprilJune31 JulyOctober20222024

The 2022 accounts came latest: 72 days after the end of the period.

Position in the sector

€143,297

Higher gross margin than 85% of companies in retail trade. Sector median €33,252 · 25,179 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,154 companies had the same profile as MENDY has now. Each dot stands for 6 companies, two years later.

95.9%
were still trading
2.3%
stopped another way
1.7%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • 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 2,154 companies, not a prediction for MENDY. 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.

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Signals

Board and ownership

Director, since 12-05-2021
  • 60 sharesdeed of 19-05-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0768456665
Incorporation Founding capital of €6,000, 60 shares · Founder: · Appointment: (director) · published on 19-05-2021 · Gazette deed
First establishment Tiensesteenweg 53, Tielt-Winge
All 10 events

Comparable companies

same main activity, similar in size and age
Company
MENDY Tielt-Winge €212,481 €143,297 1.5% -
DRG MANAGEMENT Braine-le-Comte €223,361 €150,703 -4.6% -
Boucherie ALBERT Bouillon €240,389 €156,387 6.9% -
Slagerij Van Oycke Galmaarden €244,134 €127,991 13.3% -
RIF SALAM Dilbeek €223,767 €109,605 66.2% -
ELBARRAKA AYA Vilvoorde €170,196 €158,317 29.8% -
BODDEZ-ROOSENS Middelkerke €177,125 €141,383 28.5% -

These companies have the same main activity as MENDY: retail sale of meat and meat products, excluding game and poultry (NACE 47221). They are comparable in size and age: total assets between €170,000 and €244,000, founded between 2020 and 2022.

Official details

Source: KBO
Status
Active since 17-05-2021Normal situation
Activity
Retail sale of meat and meat products, excluding game and poultryNACE 47221and 8 others
Joint committee
201Independent retail · annual accounts 2023
Establishment unit
2.318.196.5653390 Tielt-Winge, since 17-05-2021
Financial year end
31 December
Peppol
Reachable since 12-01-2026
Company details

Annual accounts 2025

€212,481▼ 22.9%
Employeeson 31-12-2025
8▲ 300%
Filing
Filed on 10-07-2026, 21 days before the end of the filing period
Financials

Insights on MENDY

MENDY files the micro format. That format states no turnover. The gross margin rose from €7,365 in 2021 to €143,297 in 2025.

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 MENDY

What is the company number of MENDY?
The company number of MENDY is 0768.456.665. The VAT number is the same number with BE in front: BE 0768.456.665.
Where is MENDY based?
The registered office is at Tiensesteenweg 53, 3390 Tielt-Winge.Company details
What does MENDY do?
According to the KBO register, the main activity is retail sale of meat and meat products, excluding game and poultry (NACE 47221).
What is the legal form of MENDY?
MENDY is a private limited company (BV).
When was MENDY founded?
MENDY was founded on 17-05-2021.
Is MENDY still active?
Yes, MENDY is an active enterprise in the KBO register.
How many employees does MENDY have?
MENDY had an average of 5.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does MENDY fall under?
In its 2023 annual accounts, MENDY states joint committee 201 (Independent retail).
What is the turnover of MENDY?
The turnover in financial year 2025 is ≈ €750,000. This figure is estimated from the gross margin of €143,297 and 43 comparable companies (NACE 472). It probably lies between €470,000 and €1.2m.
Is MENDY profitable?
In financial year 2025, MENDY made a profit of €16,694.
Where can I find the annual accounts of MENDY?
MENDY filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MENDY due?
MENDY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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