MENGI KINE-OSTEO
ActiveSummary
The computed 12-month bankruptcy probability of MENGI KINE-OSTEO is 2.0% (moderate). The 2025 annual accounts show equity of €203k and a net result of €65k. Equity is growing by ~24.8% per year across the filed fiscal years. The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+4
Solvency53▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity short (current ratio 0.56 against 0.38 in 2024; short-term debt: 42.6% and cash: 20.3% of total assets), and 72.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 05-11-2025, 5 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 · 7 filingsDeviation from the deadline
2025
5 d late
2024
24 d early
2023
on the day
2021
26 d late
2020
86 d late
2019
232 d late
2017
15 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€203k▲ 46.9%
2024 · €138k
2019: €54k
2020: €73k
2021: €59k
2023: €99k
2024: €138k
2019 → 2025
Total assets
€738k▲ 2.8%
2024 · €718k
2019: €243k
2020: €276k
2021: €425k
2023: €719k
2024: €718k
2019 → 2025
Net result
€65k▲ 65.6%
2024 · €39k
2019: €19k
2020: €19k
2021: €-14k
2023: €13k
2024: €39k
2019 → 2025
Working capital
€-137k▲ 34.5%
2024 · €-209k
2019: €-21k
2020: €-29k
2021: €-192k
2023: €-257k
2024: €-209k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202320242025Trend
Equity€73k-€59k▼ 19.6%€99k▲ 69.2%€138k▲ 39.5%€203k▲ 46.9%
Operating result€24k-€-10k€30k€86k▲ 184%€98k▲ 13.9%
Net result€19k-€-14k€13k€39k▲ 212%€65k▲ 65.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 14% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €738k
Fixed assets
€560k ▼ 4.9%
Current assets
€177k ▲ 38.3%
Equity and liabilities €738k
Equity
€203k ▲ 46.9%
Debt
€534k ▼ 7.8%
Debt's share of the balance-sheet total falls from 80.7% to 72.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€127k▼
2024 · €129k
Cash flow
€94k▲
2024 · €83k
Current ratio
0.56▲
2024 · 0.38
Debt to equity
2.63▼
2024 · 4.18
ROE
31.9%▲
2024 · 28.3%
ROA
8.8%▲
2024 · 5.5%
Interest coverage
12.58▼
2024 · 14.77
Debt ≤ 1 year
€315k▼
2024 · €338k
Debt > 1 year
€220k▼
2024 · €241k
Income taxes
€23k▼
2024 · €38k
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 · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€718k€738k▲
Fixed assets21/28€589k€560k▼
Tangible fixed assets22/27€439k€410k▼
Land and buildings22€421k€399k▼
Furniture and vehicles24€12k€9k▼
Other tangible fixed assets26€6k€1k▼
Financial fixed assets28€150k€150k=
Current assets29/58€128k€177k▲
Amounts receivable within one year40/41€7k€25k▲
Trade receivables40-€8k
Other amounts receivable41€7k€17k▲
Cash at bank and in hand54/58€121k€150k▲
Deferred charges and accrued income490/1€717€2k▲
Equity and liabilities
Total equity and liabilities10/49€718k€738k▲
Equity10/15€138k€203k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€130k€195k▲
Amounts payable17/49€579k€534k▼
Amounts payable after more than one year17€241k€220k▼
Financial debts170/4€241k€220k▼
Amounts payable within one year42/48€338k€315k▼
Current portion of amounts payable after more than one year42€30k€36k▲
Trade debts44€17k€22k▲
Suppliers440/4€17k€22k▲
Taxes, remuneration and social security45€25k€38k▲
Taxes450/3€25k€38k▲
Other amounts payable47/48€265k€220k▼
Accrued charges and deferred income492/3€961-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€29k▼
Other operating charges640/8€6k€10k▲
Gross operating margin9900€135k€137k▲
Operating profit (loss)9901€86k€98k▲
Financial income75/76B€118€622▲
Recurring financial income75€118€622▲
Financial charges65/66B€9k€10k▲
Recurring financial charges65€9k€10k▲
Profit (loss) for the period before taxes9903€77k€88k▲
Income taxes67/77€38k€23k▼
Profit (loss) for the period9904€39k€65k▲
Profit (loss) for the period to be appropriated9905€39k€65k▲
Appropriation of the result
Profit (loss) to be appropriated9906€130k€195k▲
Profit (loss) brought forward from the previous period14P€91k€130k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
05-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
31-03
Financial
Highest result since 2019net €65k ▲65.6%
Operating result €98k, net result €65k, both a record.
31-03
Financial
Equity above €200kEq €203k ▲46.9%
3 profitable years in a row build equity to €203k.
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Equity above €100kEq €138k ▲39.5%
2 profitable years in a row build equity to €138k.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
2021
26-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
31-03
Financial
Weakest financial yearnet €-14k ▼175%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 86 days late
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 232 days late
2017
16-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brussel · 1 establishment unit since 2013
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Blijde Inkomstlaan 51040 BrusselGround area
850 m²
Building footprint
617 m²
Volume, LiDAR
15,728 m³
2 parcels, Brussels · tallest building 32.6 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
Joseph Vandersmissenlaan 5, 1040 Etterbeek
since 20132.227.584.907
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0371/00M005 | Brussels | 551 m² | 1 · 532 m² | 32.6 m · 10 fl. |
| 21363B0318/00N023 | Brussels | 299 m² | 1 · 85 m² | 13.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
Legal Entity Identifier
254900KPCLX6RRZW3I21
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-11-2013
Fiscal year end31-03
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.