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MenT Group

Active Risk: not assessed
Public limited companyfounded 200224 yrs activeKleine Doornstraat 120, 2610 Antwerpen, BelgiumKBO/BCE: BE 0476.675.915
Summary

MenT Group is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €17,423 and a net result of -€26,969. Equity is shrinking by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 7% of 2817 sector peers (fiscal year 2024). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 2817 sector peers (2024).
NBB · sector comparison
Position among 2817 sector peers
Solvency
better than 7%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 filings
Deviation from the deadline
2024
31 d late
2023
51 d late
2022
on the day
2021
29 d late
2020
3 d early
2019
1 d early
2018
on the day
← 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 15 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 15 January 2002, MenT Group was incorporated.1 Total assets went from EUR 312,404 in 2019 to EUR 672,311 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024

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Financials · fiscal year 2024, full schema

Equity
€17,423▼ 60.8%
2023 · €44,392
Net result
-€26,969
2023 · €16,956
Total assets
€672,311▲ 105%
2023 · €327,981
Solvency
2.6%▼ 10.9pp
2023 · 13.5%
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€40,219▲ 1,203%-€24,989€6,663€25,484▲ 282%-€8,012
Net result€32,201within the sector's middle half-€31,526below the sector's middle half-€433below the sector's middle half▲ 98.6%€16,956within the sector's middle half-€26,969below the sector's middle half
Equity€59,394below the sector's middle half▲ 118%€27,868below the sector's middle half▼ 53.1%€27,436below the sector's middle half▼ 1.6%€44,392below the sector's middle half▲ 61.8%€17,423below the sector's middle half▼ 60.8%
Total assets€335,750below the sector's middle half▲ 7.5%€305,977below the sector's middle half▼ 8.9%€321,096below the sector's middle half▲ 4.9%€327,981below the sector's middle half▲ 2.1%€672,311below the sector's middle half▲ 105%
Debt€276,355▼ 3.1%€278,109▲ 0.6%€293,660▲ 5.6%€283,589▼ 3.4%€654,889▲ 131%
Working capital-€193,328below the sector's middle half▲ 15.3%-€223,590below the sector's middle half▼ 15.7%-€223,440below the sector's middle half▲ 0.1%-€172,909within the sector's middle half▲ 22.6%-€186,788within the sector's middle half▼ 8.0%
Solvency17.7%below the sector's middle half▲ 9.0pp9.1%below the sector's middle half▼ 8.6pp8.5%below the sector's middle half▼ 0.6pp13.5%below the sector's middle half▲ 5.0pp2.6%below the sector's middle half▼ 10.9pp
Current ratio0.30below the sector's middle half▲ 0.100.19below the sector's middle half▼ 0.110.23below the sector's middle half▲ 0.040.30below the sector's middle half▲ 0.070.49within the sector's middle half▲ 0.19
Return on assets (ROA)9.6%above the sector's middle half▲ 10.0pp-10.3%below the sector's middle half▼ 19.9pp-0.1%below the sector's middle half▲ 10.2pp5.2%within the sector's middle half▲ 5.3pp-4.0%below the sector's middle half▼ 9.2pp
Staff (FTE)0within the sector's middle half4.5within the sector's middle half
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000Operating result 2020: €40,219€40,219Net result 2020: €32,201€32,201Operating result 2021: -€24,989-€24,989Net result 2021: -€31,526-€31,526Operating result 2022: €6,663€6,663Net result 2022: -€433-€433Operating result 2023: €25,484€25,484Net result 2023: €16,956€16,956Operating result 2024: -€8,012-€8,012Net result 2024: -€26,969-€26,96920202021202220232024-€40,000-€20,000€0€20,000Operating result 2022: €6,663€6,660Net result 2022: -€433-€433Operating result 2023: €25,484€25,500Net result 2023: €16,956€17,000Operating result 2024: -€8,012-€8,010Net result 2024: -€26,969-€27,000202220232024
The operating result turns negative in 2024: a loss of €8,012 after €25,484 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €672,311
Fixed assets €495,901 ▲ 94.9%
Current assets €176,410 ▲ 140%
Equity and liabilities €672,311
Equity €17,423 ▼ 60.8%
Debt €654,889 ▲ 131%
Debt's share of the balance-sheet total rises from 86.5% to 97.4%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
ROE
-154.8%▼
2023 · 38.2%
Debt ≤ 1 year
€363,199▲
2023 · €246,398
Debt > 1 year
€291,690▲
2023 · €30,033
Income taxes
€391
Staff costs
€869,435
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 56 lines
Balance sheet Code20232024
Assets
Total assets20/58€327,981€672,311▲
Fixed assets21/28€254,492€495,901▲
Intangible fixed assets21-€488,923
Tangible fixed assets22/27-€6,978
Plant, machinery and equipment23-€2,727
Furniture and vehicles24-€4,251
Financial fixed assets28€254,492-
Current assets29/58€73,489€176,410▲
Amounts receivable within one year40/41€73,204€175,303▲
Trade receivables40€72,001€125,814▲
Other amounts receivable41€1,203€49,488▲
Cash at bank and in hand54/58€3€1,108▲
Deferred charges and accrued income490/1€282-
Equity and liabilities
Total equity and liabilities10/49€327,981€672,311▲
Equity10/15€44,392€17,423▼
Contributions10/11€100,000€100,000=
Capital10€100,000€100,000=
Issued capital100€100,000€100,000=
Reserves13€10,000€10,000=
Non-distributable reserves130/1€10,000€10,000=
Legal reserve130€10,000€10,000=
Profit (loss) carried forward14-€65,608-€92,577▼
Amounts payable17/49€283,589€654,889▲
Amounts payable after more than one year17€30,033€291,690▲
Financial debts170/4€30,033€291,690▲
Amounts payable within one year42/48€246,398€363,199▲
Current portion of amounts payable after more than one year42€16,068€17,469▲
Financial debts43€100,874€108,781▲
Credit institutions430/8€100,874€108,781▲
Trade debts44€2,432€106,615▲
Suppliers440/4€2,432€106,615▲
Taxes, remuneration and social security45€1,932€62,729▲
Taxes450/3€1,932€45,735▲
Remuneration and social security454/9-€16,994
Other amounts payable47/48€125,092€67,604▼
Accrued charges and deferred income492/3€7,158-
Income statement Code20232024
Non-recurring operating income76A€115,332-
Remuneration, social security and pensions62-€869,435
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€5,212
Other operating charges640/8€450€20,761▲
Non-recurring operating charges66A€121,885-
Gross operating margin9900€147,819€887,397▲
Operating profit (loss)9901€25,484-€8,012▼
Financial income75/76B€77,312€18▼
Recurring financial income75€282€18▼
Non-recurring financial income76B€77,030-
Financial charges65/66B€85,841€18,584▼
Recurring financial charges65€8,810€18,584▲
Non-recurring financial charges66B€77,030-
Profit (loss) for the period before taxes9903€16,956-€26,578▼
Income taxes67/77-€391
Profit (loss) for the period9904€16,956-€26,969▼
Profit (loss) for the period to be appropriated9905€16,956-€26,969▼
Appropriation of the result
Profit (loss) to be appropriated9906-€65,608-€92,577▼
Profit (loss) brought forward from the previous period14P-€82,564-€65,608▲
Social balance
Average headcount (FTE)90870.04.5▲

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A---€115,332--
Remuneration, social security and pensions62----€869,435-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630----€5,212-
Other operating charges640/8--€869€450€20,761▲ 4,519%
Non-recurring operating charges66A---€121,885--
Gross operating margin9900€40,665-€24,312€7,531€147,819€887,397▲ 500%
Operating profit (loss)9901€40,219-€24,989€6,663€25,484-€8,012▼ 131%
Financial income75/76B--€294€77,312€18▼ 100.0%
Recurring financial income75€2,842€252€294€282€18▼ 93.6%
Non-recurring financial income76B---€77,030--
Financial charges65/66B--€7,389€85,841€18,584▼ 78.4%
Recurring financial charges65€10,860€6,790€7,389€8,810€18,584▲ 111%
Non-recurring financial charges66B---€77,030--
Profit (loss) for the period before taxes9903€32,201-€31,526-€433€16,956-€26,578▼ 257%
Income taxes67/77----€391-
Profit (loss) for the period9904€32,201-€31,526-€433€16,956-€26,969▼ 259%
Profit (loss) for the period to be appropriated9905€32,201-€31,526-€433€16,956-€26,969▼ 259%
Line20202021202220232024Change
Assets
Total assets20/58€335,750€305,977€321,096€327,981€672,311▲ 105%
Fixed assets21/28€254,490€254,490€254,490€254,492€495,901▲ 94.9%
Intangible fixed assets21----€488,923-
Tangible fixed assets22/27----€6,978-
Plant, machinery and equipment23----€2,727-
Furniture and vehicles24----€4,251-
Financial fixed assets28€254,490€254,490€254,490€254,492--
Current assets29/58€81,260€51,487€66,605€73,489€176,410▲ 140%
Amounts receivable within one year40/41€78,602€50,354€65,540€73,204€175,303▲ 139%
Trade receivables40--€39,040€72,001€125,814▲ 74.7%
Other amounts receivable41--€26,500€1,203€49,488▲ 4,015%
Cash at bank and in hand54/58€2,327€900€772€3€1,108▲ 37,068%
Deferred charges and accrued income490/1--€294€282--
Equity and liabilities
Total equity and liabilities10/49€335,750€305,977€321,096€327,981€672,311▲ 105%
Equity10/15€59,394€27,868€27,436€44,392€17,423▼ 60.8%
Contributions10/11€100,000€100,000€100,000€100,000€100,000=
Capital10--€100,000€100,000€100,000=
Issued capital100--€100,000€100,000€100,000=
Reserves13€10,000€10,000€10,000€10,000€10,000=
Non-distributable reserves130/1--€10,000€10,000€10,000=
Legal reserve130--€10,000€10,000€10,000=
Profit (loss) carried forward14-€50,606-€82,132-€82,564-€65,608-€92,577▼ 41.1%
Amounts payable17/49€276,355€278,109€293,660€283,589€654,889▲ 131%
Amounts payable after more than one year17---€30,033€291,690▲ 871%
Financial debts170/4---€30,033€291,690▲ 871%
Amounts payable within one year42/48€274,588€275,077€290,045€246,398€363,199▲ 47.4%
Current portion of amounts payable after more than one year42---€16,068€17,469▲ 8.7%
Financial debts43--€150,000€100,874€108,781▲ 7.8%
Credit institutions430/8--€150,000€100,874€108,781▲ 7.8%
Trade debts44€3,537€1,700€2,244€2,432€106,615▲ 4,284%
Suppliers440/4--€2,244€2,432€106,615▲ 4,284%
Taxes, remuneration and social security45--€9,450€1,932€62,729▲ 3,147%
Taxes450/3--€9,450€1,932€45,735▲ 2,268%
Remuneration and social security454/9----€16,994-
Other amounts payable47/48--€128,351€125,092€67,604▼ 46.0%
Accrued charges and deferred income492/3--€3,615€7,158--
Line20202021202220232024Change
Profit (loss) for the period9904€32,201-€31,526-€433€16,956-€26,969▼ 259%
+ Depreciation and write-downs630----€5,212-
Operating cash flow (approximation)€32,201-€31,526-€433€16,956-€21,757▼ 228%
Investment in fixed assets (approximation)-€0€0-€2-€246,621▼ 12,330,968%
Change in cash--€1,426-€128-€769€1,105▲ 244%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
29-09
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 31 days late
31-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 31 days late
2023
21-12
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 51 days late
31-03
Financial Back to profitnet €16,956
Net result €16,956 after 2 loss-making years.
2022
31-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
29-11
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
31-03
Financial Weakest financial yearnet -€31,526
Net result drops to -€31,526, the lowest in the series; recovery starts the following year.
2020
28-10
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial Back to profitnet €32,201
Net result €32,201 after one loss-making year.
2019
30-10
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
31-10
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
27-10
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
30-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 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
6 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, Antwerpen · 1 establishment unit since 2002
seat establishment The establishment unit on the map
Ground area
1,627 m²
Building footprint
131 m²
Volume, LiDAR
865 m³
Parcel 11463D0397/00N016, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Kleine Doornstraat 120, 2610 Antwerpen
NACE 74151
since 20022.101.759.475
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11463D0397/00N016 Flanders 1,627 m² 1 · 131 m² 11.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

2 owners · 1 holding

Chain of control

  1. TREQUARTISTA 51%
  2. MenT Holding 100%
  3. MenT Group

Highest known parent: TREQUARTISTA. The sources do not say who stands above it.

Owners 2

Stated earlier (1)

An older source named these owners; newer accounts no longer list them.

Holdings 1

According to the annual accounts to 31-03-2023 of MenT Group and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 10,530 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded15-01-2002
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
78100Employment placement agencies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0476675915
Also 9925:BE0476675915
Registered 04-02-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.