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Menten - Eckhardt

Active
Private limited companyfounded 2020active for 6 yearsLindekensstraat(NDW) 16, 2200 Herentals, BelgiumKBO/BCE: BE 0742.655.556

Financials · financial year 2026, micro format

Annual accounts 2026 filed on 16-10-2026 at the NBB all 6 filings

Turnover
≈ €27,000
Estimated: probably between €13,000 and €55,000
Total assets
€15,568▼ 29.5%
2025 · €22,081
Net result
€1,930
2025 · -€10,841
Working capital
€7,052▲ 46.8%
2025 · €4,802
Trend over the years

2021 to 2026, 5 financial years 2020 to 2026, 6 financial years

The operating result for 2026 is a profit of €4,160, after a loss of €6,061 in 2025.

Operating result€4,160 2026 Net result€1,930 2026

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212023202420252026
Operating result-€3,665--€1,028▲ 72.0%€24,439--€1,333-€6,061▼ 355%€4,160
Net result-€3,737below the sector's middle half--€1,165below the sector's middle half▲ 68.8%€18,006within the sector's middle half--€1,781below the sector's middle half-€10,841below the sector's middle half▼ 509%€1,930
Equity€1,263below the sector's middle half-€239below the sector's middle half▼ 81.1%€18,190below the sector's middle half-€16,408below the sector's middle half▼ 9.8%€5,568below the sector's middle half▼ 66.1%€7,498▲ 34.7%
Total assets€1,811below the sector's middle half-€739below the sector's middle half▼ 59.2%€30,263below the sector's middle half-€29,494below the sector's middle half▼ 2.5%€22,081below the sector's middle half▼ 25.1%€15,568▼ 29.5%
Debt€548-€500▼ 8.8%€12,073-€13,085▲ 8.4%€16,513▲ 26.2%€8,070▼ 51.1%
Working capital€1,263within the sector's middle half-€239within the sector's middle half▼ 81.1%€16,785within the sector's middle half-€15,323within the sector's middle half▼ 8.7%€4,802within the sector's middle half▼ 68.7%€7,052▲ 46.8%
Solvency60.1%within the sector's middle half-55.6%within the sector's middle half▼ 4.5pp25.2%within the sector's middle half▼ 30.4pp48.2%▲ 22.9pp
Current ratio2.39within the sector's middle half-2.17within the sector's middle half▼ 0.221.29within the sector's middle half▼ 0.881.87▲ 0.58
Return on assets (ROA)59.5%above the sector's middle half--6.0%below the sector's middle half▼ 65.5pp-49.1%below the sector's middle half▼ 43.1pp12.4%▲ 61.5pp
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €15,568
Fixed assets €446 ▼ 41.7%
Current assets €15,121 ▼ 29.1%
Equity and liabilities €15,568
Equity €7,498 ▲ 34.7%
Debt €8,070 ▼ 51.1%
Debt's share of the balance-sheet total falls from 74.8% to 51.8%. Equity is higher and debt is lower.
Key figures and ratios
2026 value · change against 2025
EBITDA
€4,479▲
2025 · -€5,741
Cash flow
€2,250▲
2025 · -€10,521
Debt to equity
1.08▼
2025 · 2.97
ROE
25.7%▲
2025 · -194.7%
Interest coverage
2.25▲
2025 · -1.29
Debt ≤ 1 year
€8,070▼
2025 · €16,513
Income taxes
€238▼
2025 · €316
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item202130-06-202330-06-202430-06-202530-06-2026
Tangible fixed assets-€1,597---
Financial fixed assets----€0
Depreciation and write-downs of the year-€193€319€319€319

Source: notes to the 2021 to 2026 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as Menten - Eckhardt: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €15,600 and €19,400, founded between 2019 and 2020.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
Menten - Eckhardt Herentals2020€15,568€7,498€5,915€1,9302026
VDS-Works Mol2019€19,439-€2,540€5,915€3,7272025
SILKSOLAR Oosterzele2020€15,563€3,700€6,565€4,4722025
DIGILOOP Sint-Jans-Molenbeek2019€16,854-€5,183€5,128€5,1282025
TSDesign Grez-Doiceau2019€16,146€2,341€6,613€3,8412025
WannaGoPeak Sint-Gillis-Waas2019€16,825€15,630€6,349€5,7942025
LEMONNIER INVEST Ukkel2020€17,292€10,986€6,378-€1,8372025

They were chosen from the 54,693 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 26,972 companies had the same profile as Menten - Eckhardt has now. Two years later, 1.6% had gone bankrupt and 94.9% were still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Menten - Eckhardt itself is lower: < 0.1% within 12 months. It rests on far more data about Menten - Eckhardt than the profile alone.

Test of the method

The method was tested on the 497,445 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 3.0% 3.1%
10 5.6% 6.2%

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 26,972 companies, not a prediction for Menten - Eckhardt. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2026 against 2025 · 41 lines

Source: Annual accounts 2026 at the NBB, filed on 16-10-2026.

Balance sheet Code20252026
Assets
Total assets20/58€22,081€15,568▼
Fixed assets21/28€766€446▼
Tangible fixed assets22/27€766€446▼
Plant, machinery and equipment23€766€446▼
Current assets29/58€21,315€15,121▼
Amounts receivable within one year40/41€17,505€9,506▼
Trade receivables40€12,760€0▼
Other amounts receivable41€4,745€9,506▲
Cash at bank and in hand54/58€3,538€5,615▲
Deferred charges and accrued income490/1€273€0▼
Equity and liabilities
Total equity and liabilities10/49€22,081€15,568▼
Equity10/15€5,568€7,498▲
Contributions10/11€5,000€5,000=
Reserves13€568€2,498▲
Distributable reserves133€568€2,498▲
Amounts payable17/49€16,513€8,070▼
Amounts payable within one year42/48€16,513€8,070▼
Financial debts43€1,683€1,685▲
Credit institutions430/8€1,683€1,685▲
Trade debts44€7,207€1,263▼
Suppliers440/4€7,207€1,263▼
Taxes, remuneration and social security45€1,885€2,414▲
Taxes450/3€1,885€2,414▲
Other amounts payable47/48€5,739€2,708▼
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€319€319=
Other operating charges640/8€1,334€1,436▲
Non-recurring operating charges66A€0-
Gross operating margin9900-€4,407€5,915▲
Operating profit (loss)9901-€6,061€4,160▲
Financial income75/76B€0€0▲
Recurring financial income75€0€0▲
Financial charges65/66B€4,464€1,992▼
Recurring financial charges65€4,464€1,992▼
Profit (loss) for the period before taxes9903-€10,525€2,169▲
Income taxes67/77€316€238▼
Profit (loss) for the period9904-€10,841€1,930▲
Profit (loss) for the period to be appropriated9905-€10,841€1,930▲
Appropriation of the result
Profit (loss) to be appropriated9906-€10,841€1,930▲
Transfer from equity791/2€10,841€0▼
Transfer to equity691/2-€1,930
To other reserves6921-€1,930

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line202020212023202420252026Change
Goods, raw materials, services and sundry goods60/61-€927-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€193€319€319€319=
Other operating charges640/8-€101€1,701€614€1,334€1,436▲ 7.6%
Non-recurring operating charges66A---€274€0--
Gross operating margin9900-€3,615-€927€26,333-€126-€4,407€5,915-
Operating profit (loss)9901-€3,665-€1,028€24,439-€1,333-€6,061€4,160-
Financial income75/76B--€0-€0€0▲ 833%
Recurring financial income75--€0-€0€0▲ 833%
Financial charges65/66B-€137€2,477€156€4,464€1,992▼ 55.4%
Recurring financial charges65€72€137€2,477€156€4,464€1,992▼ 55.4%
Profit (loss) for the period before taxes9903-€3,737-€1,165€21,962-€1,489-€10,525€2,169-
Income taxes67/77--€3,956€292€316€238▼ 24.4%
Profit (loss) for the period9904-€3,737-€1,165€18,006-€1,781-€10,841€1,930-
Profit (loss) for the period to be appropriated9905-€3,737-€1,165€18,006-€1,781-€10,841€1,930-
Line202020212023202420252026Change
Assets
Total assets20/58€1,811€739€30,263€29,494€22,081€15,568▼ 29.5%
Fixed assets21/28--€1,405€1,085€766€446▼ 41.7%
Tangible fixed assets22/27--€1,405€1,085€766€446▼ 41.7%
Plant, machinery and equipment23--€1,405€1,085€766€446▼ 41.7%
Current assets29/58€1,811€739€28,858€28,409€21,315€15,121▼ 29.1%
Amounts receivable within one year40/41€759€172€27,646€28,042€17,505€9,506▼ 45.7%
Trade receivables40--€20,922€20,922€12,760€0▼ 100%
Other amounts receivable41-€172€6,724€7,120€4,745€9,506▲ 100%
Cash at bank and in hand54/58€1,052€566€1,212€367€3,538€5,615▲ 58.7%
Deferred charges and accrued income490/1----€273€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€1,811€739€30,263€29,494€22,081€15,568▼ 29.5%
Equity10/15€1,263€239€18,190€16,408€5,568€7,498▲ 34.7%
Contributions10/11-€5,000€5,000€5,000€5,000€5,000=
Reserves13--€13,190€11,408€568€2,498▲ 340%
Distributable reserves133--€13,190€11,408€568€2,498▲ 340%
Profit (loss) carried forward14-€3,737-€4,762€0----
Amounts payable17/49€548€500€12,073€13,085€16,513€8,070▼ 51.1%
Amounts payable within one year42/48€548€500€12,073€13,085€16,513€8,070▼ 51.1%
Financial debts43----€1,683€1,685▲ 0.1%
Credit institutions430/8----€1,683€1,685▲ 0.1%
Trade debts44€48-€612€1,003€7,207€1,263▼ 82.5%
Suppliers440/4--€612€1,003€7,207€1,263▼ 82.5%
Taxes, remuneration and social security45--€10,081€8,702€1,885€2,414▲ 28.1%
Taxes450/3--€8,106€8,702€1,885€2,414▲ 28.1%
Remuneration and social security454/9--€1,975€0---
Other amounts payable47/48-€500€1,380€3,380€5,739€2,708▼ 52.8%
Line202020212023202420252026Change
Profit (loss) for the period9904-€3,737-€1,165€18,006-€1,781-€10,841€1,930-
+ Depreciation and write-downs630--€193€319€319€319=
Operating cash flow (approximation)-€3,737-€1,165€18,198-€1,462-€10,521€2,250-
Investment in fixed assets (approximation)---€0€0€0-
Change in cash--€485--€845€3,172€2,077▼ 34.5%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference Document
30-06-2026 micro format 16-10-2026 2026-00560359 NBB
30-06-2025 micro format 12-01-2026 2026-00005650 PDF
30-06-2024 micro format 05-02-2025 2025-00028394 PDF
30-06-2023 micro format 31-01-2024 2024-00017068 PDF
31-12-2021 abbreviated format 31-08-2022 2022-20394183 PDF
31-12-2020 micro format 30-06-2021 2021-31700316 PDF

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