MENETIA
ActiveSummary
The computed 12-month bankruptcy probability of MENETIA is 2.4% (moderate). The 2024 annual accounts show equity of €22k and a net result of €13k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 69% of 2090 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+52
Solvency76▲+19
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.04 against 1.47 in 2023; short-term debt: 48.8% and cash: 64.4% of total assets), and 48.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
51.2%
Return on assets
29%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €22k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
28 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
72 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€22k▲ 131%
2023 · €10k
2018: €-5klowest in 7 years
2019: €5k▲ +215% vs 2018
2020: €9k▲ +64.0% vs 2019
2021: €7k▼ -20.5% vs 2020
2022: €8k▲ +18.3% vs 2021
2023: €10k▲ +15.3% vs 2022
2024: €22k▲ +131% vs 2023highest in 7 years
2018 → 2024
Total assets
€44k▲ 44.9%
2023 · €30k
2018: €32k
2019: €19k▼ -40.0% vs 2018lowest in 7 years
2020: €25k▲ +32.2% vs 2019
2021: €46k▲ +81.2% vs 2020highest in 7 years
2022: €37k▼ -18.8% vs 2021
2023: €30k▼ -19.1% vs 2022
2024: €44k▲ +44.9% vs 2023
2018 → 2024
Net result
€13k▲ 890%
2023 · €1k
2018: €12k
2019: €10k▼ -13.6% vs 2018
2020: €3k▼ -65.7% vs 2019
2021: €-2k▼ -152% vs 2020lowest in 7 years
2022: €1k▲ +171% vs 2021
2023: €1k▼ -1.2% vs 2022
2024: €13k▲ +890% vs 2023highest in 7 years
2018 → 2024
Working capital
€22k▲ 132%
2023 · €10k
2018: €-14klowest in 7 years
2019: €683▲ +105% vs 2018
2020: €7k▲ +929% vs 2019
2021: €7k▼ -0.3% vs 2020
2022: €8k▲ +18.5% vs 2021
2023: €10k▲ +15.4% vs 2022
2024: €22k▲ +132% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€9k-€7k▼ 20.5%€8k▲ 18.3%€10k▲ 15.3%€22k▲ 131%
2020: €9k
2021: €7k▼ -20.5% vs 2020lowest in 5 years
2022: €8k▲ +18.3% vs 2021
2023: €10k▲ +15.3% vs 2022
2024: €22k▲ +131% vs 2023highest in 5 years
Operating result€4k-€-2k€2k€2k▼ 0.2%€13k▲ 605%
2020: €4k
2021: €-2k▼ -143% vs 2020lowest in 5 years
2022: €2k▲ +204% vs 2021
2023: €2k▼ -0.2% vs 2022
2024: €13k▲ +605% vs 2023highest in 5 years
Net result€3k-€-2k€1k€1k▼ 1.2%€13k▲ 890%
2020: €3k
2021: €-2k▼ -152% vs 2020lowest in 5 years
2022: €1k▲ +171% vs 2021
2023: €1k▼ -1.2% vs 2022
2024: €13k▲ +890% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 605% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €44k
Fixed assets
€90 =
Current assets
€44k ▲ 45.0%
Equity and liabilities €44k
Equity
€22k ▲ 131%
Debt
€21k ▲ 4.2%
Debt's share of the balance-sheet total falls from 67.9% to 48.8%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.04▲
2023 · 1.47
Quick ratio
1.92▲
2023 · 1.30
Debt to equity
0.95▼
2023 · 2.12
ROE
56.7%▲
2023 · 13.3%
ROA
29.0%▲
2023 · 4.3%
Debt ≤ 1 year
€21k▲
2023 · €20k
Income taxes
€5
Staff costs
€62k▲
2023 · €56k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€30k€44k▲
Fixed assets21/28€90€90=
Financial fixed assets28€90€90=
Current assets29/58€30k€44k▲
Stocks and contracts in progress3€3k€3k▼
Stocks30/36€3k€3k▼
Amounts receivable within one year40/41€3k€6k▲
Trade receivables40€3k€6k▲
Other amounts receivable41-€151
Cash at bank and in hand54/58€18k€28k▲
Deferred charges and accrued income490/1€6k€7k▲
Equity and liabilities
Total equity and liabilities10/49€30k€44k▲
Equity10/15€10k€22k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13-€2k
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Profit (loss) carried forward14€-9k€2k▲
Amounts payable17/49€20k€21k▲
Amounts payable within one year42/48€20k€21k▲
Trade debts44€5k€7k▲
Suppliers440/4€5k€7k▲
Taxes, remuneration and social security45€10k€8k▼
Taxes450/3€2k€1k▼
Remuneration and social security454/9€8k€7k▼
Other amounts payable47/48€6k€6k▲
Income statement
Code20232024
Remuneration, social security and pensions62€56k€62k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€60k€77k▲
Operating profit (loss)9901€2k€13k▲
Financial income75/76B€0€17▲
Recurring financial income75€0€17▲
Financial charges65/66B€611€665▲
Recurring financial charges65€611€665▲
Profit (loss) for the period before taxes9903€1k€13k▲
Income taxes67/77-€5
Profit (loss) for the period9904€1k€13k▲
Profit (loss) for the period to be appropriated9905€1k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€4k▲
Profit (loss) brought forward from the previous period14P€-10k€-9k▲
Transfer to equity691/2-€2k
To the legal reserve6920-€2k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €12k | €39k | €56k | €62k | ▲ 11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €2k | - | - | - | - |
| Other operating charges640/8 | - | €2k | €1k | €2k | €1k | ▼ 49.8% |
| Gross operating margin9900 | €16k | €13k | €42k | €60k | €77k | ▲ 27.5% |
| Operating profit (loss)9901 | €4k | €-2k | €2k | €2k | €13k | ▲ 605% |
| Financial income75/76B | - | €0 | €1 | €0 | €17 | ▲ 9,105% |
| Recurring financial income75 | €6 | €0 | €1 | €0 | €17 | ▲ 9,105% |
| Financial charges65/66B | - | €2 | €600 | €611 | €665 | ▲ 8.8% |
| Recurring financial charges65 | €797 | €2 | €600 | €611 | €665 | ▲ 8.8% |
| Profit (loss) for the period before taxes9903 | €3k | €-2k | €1k | €1k | €13k | ▲ 890% |
| Income taxes67/77 | - | - | - | - | €5 | - |
| Profit (loss) for the period9904 | €3k | €-2k | €1k | €1k | €13k | ▲ 890% |
| Profit (loss) for the period to be appropriated9905 | €3k | €-2k | €1k | €1k | €13k | ▲ 890% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €25k | €46k | €37k | €30k | €44k | ▲ 44.9% |
| Fixed assets21/28 | €2k | €90 | €90 | €90 | €90 | = |
| Tangible fixed assets22/27 | €2k | €0 | - | - | - | - |
| Financial fixed assets28 | €90 | €90 | €90 | €90 | €90 | = |
| Current assets29/58 | €23k | €46k | €37k | €30k | €44k | ▲ 45.0% |
| Stocks and contracts in progress3 | €2k | €2k | €2k | €3k | €3k | ▼ 22.7% |
| Stocks30/36 | - | €2k | €2k | €3k | €3k | ▼ 22.7% |
| Amounts receivable within one year40/41 | €46 | €9k | €22k | €3k | €6k | ▲ 144% |
| Trade receivables40 | - | €5k | €10k | €3k | €6k | ▲ 138% |
| Other amounts receivable41 | - | €4k | €11k | - | €151 | - |
| Cash at bank and in hand54/58 | €21k | €17k | €9k | €18k | €28k | ▲ 57.2% |
| Deferred charges and accrued income490/1 | - | €17k | €4k | €6k | €7k | ▲ 6.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €25k | €46k | €37k | €30k | €44k | ▲ 44.9% |
| Equity10/15 | €9k | €7k | €8k | €10k | €22k | ▲ 131% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | - | €19k | €19k | €19k | €19k | = |
| Issued capital100 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | - | - | - | - | €2k | - |
| Non-distributable reserves130/1 | - | - | - | - | €2k | - |
| Legal reserve130 | - | - | - | - | €2k | - |
| Profit (loss) carried forward14 | €-10k | €-12k | €-10k | €-9k | €2k | ▲ 121% |
| Amounts payable17/49 | €16k | €39k | €29k | €20k | €21k | ▲ 4.2% |
| Amounts payable within one year42/48 | €16k | €39k | €29k | €20k | €21k | ▲ 4.2% |
| Financial debts43 | - | - | €13k | - | - | - |
| Credit institutions430/8 | - | - | €13k | - | - | - |
| Trade debts44 | €2k | €28k | €10k | €5k | €7k | ▲ 50.7% |
| Suppliers440/4 | - | €28k | €10k | €5k | €7k | ▲ 50.7% |
| Taxes, remuneration and social security45 | - | €5k | €5k | €10k | €8k | ▼ 21.8% |
| Taxes450/3 | - | - | €914 | €2k | €1k | ▼ 44.2% |
| Remuneration and social security454/9 | - | €5k | €5k | €8k | €7k | ▼ 16.0% |
| Other amounts payable47/48 | - | €7k | €831 | €6k | €6k | ▲ 11.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €-2k | €1k | €1k | €13k | ▲ 890% |
| + Depreciation and write-downs630 | €3k | €2k | - | - | - | - |
| Operating cash flow (approximation) | €6k | €-24 | €1k | €1k | €13k | ▲ 890% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-4k | €-8k | €9k | €10k | ▲ 17.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Highest result since 2018net €13k ▲890%
Operating result €13k, net result €13k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
11-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 72 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Agatha-Berchem · 2 establishment units since 2015
Ground area
3.6 ha
Building footprint
1.6 ha
Volume, LiDAR
79,083 m³
2 parcels, Brussels · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
2 establishment units
Menetia
since 20152.243.347.902
Menetia
since 20152.243.348.001
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0334/00G007 | Brussels | 3.6 ha | 1 · 1.6 ha | 12.8 m · 2 fl. |
| 21342B0005/00G004 | Brussels | 416 m² | 1 · 84 m² | 9.9 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Agatha-Berchem2.243.347.902
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Of 611 companies in sector 10520 we hold annual accounts for 236. 181 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-06-2015
Fiscal year end31-12
Activities, NACEBEL 2025
10520Manufacture of food products
56112Limited-service restaurants, excluding mobile food services
47110Non-specialised retail sale with food, beverages or tobacco predominating
47241Retail sale of bread and pastry (bakery outlets)
47252Retail sale of beverages, general range
Contact
E-mail
info@delicesdubasilix.be
E-mail
brothersicecream@outlook.comSint-Agatha-Berchem
Scores and ratios are computed by Checked and are not a credit decision.