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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
Higher gross margin than 85% of companies in retail trade. Sector median €33,252 · 25,179 companies.
Checked score
Checked score
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.
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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.
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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.
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Score breakdown
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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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Registered in the Peppol Directory
Reachable for e-invoices through 0208:0768456665
Incorporation
Founding capital of €6,000, 60 shares · Founder: Hidden nameVisible after signing in · Appointment: Name after signing inVisible after signing in (director) · published on 19-05-2021 · Gazette deed
First establishment
Tiensesteenweg 53, Tielt-Winge
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 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.
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