Financials
- Financial year
- 2025
- Total assets
- €147,087
- Profit
- €8,387
- Solvency
- 45.4%
Total assets▼ 8.6%
Net result
20182025
MENELAS
ActiveSummary
MENELAS has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66,822 and a net result of €8,387. Equity is growing by about 61% per year across the filed financial years. Its solvency ranks better than 63% of 16,816 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Activity
Full-service restaurants
NACE 56111
1 site
Size
€147,087total assets 2025
- Equity
- €66,822
- Profit
- €8,387
Turnover not published (micro format)
Structure
2025 accounts 46 days early3 deeds in the Belgian Official Gazette
Why 66raises riskSector: Food and beverage service activities (NACE 56)1 of the last 3 lateSize: total assets €147,087lowers riskFounded in 1988Show the evidence
Checked score
Score 2025
66
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 53% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Strong
Solvency
70+9
equity 45.4% of total assets
Liquidity
33+5
short-term debt 47.9% · cash 5.7%
Profitability
76+7
return on assets 5.7%
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.7%
12-2024: 0.7%● unchanged vs 11-2024
01-2025: 0.7%● unchanged vs 12-2024lowest value
02-2025: 0.7%● unchanged vs 01-2025lowest value
03-2025: 0.7%● unchanged vs 02-2025lowest value
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 1.0%▲ +0.3 percentage points vs 06-2025
08-2025: 1.5%▲ +0.5 percentage points vs 07-2025
09-2025: 1.9%▲ +0.4 percentage points vs 08-2025highest value
10-2025: 1.7%▼ -0.2 percentage points vs 09-2025
11-2025: 1.7%● unchanged vs 10-2025
12-2025: 1.7%● unchanged vs 11-2025
01-2026: 1.7%● unchanged vs 12-2025
02-2026: 1.7%● unchanged vs 01-2026
03-2026: 1.7%● unchanged vs 02-2026
04-2026: 1.7%● unchanged vs 03-2026
05-2026: 1.7%● unchanged vs 04-2026
06-2026: 1.6%▼ -0.1 percentage points vs 05-2026
07-2026: 1.1%▼ -0.5 percentage points vs 06-2026
08-2026: 1.1%● unchanged vs 07-2026
09-2026: 1.1%● unchanged vs 08-2026
10-2026: 1.1%● unchanged vs 09-2026
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.69, compared with 0.55 in 2024, below 1; short-term debt: 47.9% and cash: 5.7% of total assets), and 54.6% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 64% on solvency, 28% on liquidity, 59% on profitability and 61% on growth.
The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 days early
2024
39 days late
2023
16 days early
2022
18 days early
2021
22 days late
2019
31 days late
2018
64 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 July (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Annual accounts filedfinancial year 2023 · micro…
Key points
By topic
Timeline
- Events
- 38
- Since
- 1990
- Next accounts
- by 31-07-2027
- 31-12-2023Highest result from 2018 to 2025
- 13-07-2023Annual accounts filed
- 31-12-2022Weakest financial year
Company details
- Sites
- 1
- Legal form
- Coöperatieve vennootschap met beperkte aansprakelijkheid
- Activity
- Full-service restaurantsNACE 56111
- Founded
- 12-12-1988
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about MENELAS
- What is the company number of MENELAS?
- 0436.030.242. In Belgium the VAT number is the company number with BE in front: BE 0436.030.242.
- Where is MENELAS based?
- The registered office is at Oude Graanmarkt 25, 1000 Brussel.Company details
- What does MENELAS do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of MENELAS?
- Coöperatieve vennootschap met beperkte aansprakelijkheid.
- When was MENELAS founded?
- On 12-12-1988.
- Is MENELAS still active?
- Yes, MENELAS is an active enterprise in the KBO register.
- How many employees does MENELAS have?
- On average 0.7 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of MENELAS?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is MENELAS profitable?
- In financial year 2025, MENELAS made a profit of €8,387.
- Where can I find the annual accounts of MENELAS?
- MENELAS filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MENELAS due?
- By 31-07-2027, for financial year 2026.Timeline
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