Skip to content

MESOPOTAMIA

Active
Private limited company (pre-2019)founded 2008active for 18 yearsJean-Baptiste Guissetplein 14, 9600 Ronse, BelgiumKBO/BCE: BE 0806.868.071
Summary

The annual accounts of MESOPOTAMIA for financial year 2025 show a net loss of 113% of total assets and of 88% of the equity at the start of that year. The 2025 annual accounts show equity of €4,149 and a net result of -€29,147. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 38% of 16,833 sector peers (NACE 56, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).

Financials · financial year 2025, micro format

Turnover
€48,574▼ 72.3%
2024 · €175,216
EBIT margin
-59.5%▼ 76.9pp
2024 · 17.5%
Net result
-€29,147
2024 · €29,834
Working capital
-€6,924
2024 · €18,787
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result turns negative in 2025: a loss of €28,883 after €30,636 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€48,574 2025 Operating result-€28,883 2025 Net result-€29,147 2025

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

Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Turnover€164,207-€150,470▼ 8.4%€94,499▼ 37.2%€134,846▲ 42.7%€162,644▲ 20.6%€175,216▲ 7.7%€48,574▼ 72.3%
Operating result€6,980-€20,168▲ 189%-€33,266-€5,641▲ 83.0%€9,130€30,636▲ 236%-€28,883
Net result€6,884-€20,210above the sector's middle half▲ 194%-€33,347below the sector's middle half-€6,110within the sector's middle half▲ 81.7%€8,339within the sector's middle half€29,834above the sector's middle half▲ 258%-€29,147below the sector's middle half
EBIT margin4.3%-13.4%▲ 9.2pp-35.2%▼ 48.6pp-4.2%▲ 31.0pp5.6%▲ 9.8pp17.5%▲ 11.9pp-59.5%▼ 76.9pp
Equity€14,370-€34,580within the sector's middle half▲ 141%€1,233within the sector's middle half▼ 96.4%-€4,877below the sector's middle half€3,462within the sector's middle half€33,296within the sector's middle half▲ 862%€4,149within the sector's middle half▼ 87.5%
Total assets€29,125-€65,001within the sector's middle half▲ 123%€33,724below the sector's middle half▼ 48.1%€54,765within the sector's middle half▲ 62.4%€52,507within the sector's middle half▼ 4.1%€75,496within the sector's middle half▲ 43.8%€25,898below the sector's middle half▼ 65.7%
Debt€14,755-€30,421▲ 106%€32,491▲ 6.8%€59,642▲ 83.6%€49,045▼ 17.8%€42,200▼ 14.0%€21,749▼ 48.5%
Working capital€2,855-€24,496within the sector's middle half▲ 758%-€6,290within the sector's middle half-€25,307within the sector's middle half▼ 302%-€14,382within the sector's middle half▲ 43.2%€18,787within the sector's middle half-€6,924within the sector's middle half
Solvency49.3%-53.2%within the sector's middle half▲ 3.9pp3.7%within the sector's middle half▼ 49.5pp-8.9%below the sector's middle half▼ 12.6pp6.6%within the sector's middle half▲ 15.5pp44.1%within the sector's middle half▲ 37.5pp16.0%within the sector's middle half▼ 28.1pp
Current ratio1.19-1.85within the sector's middle half▲ 0.660.80within the sector's middle half▼ 1.060.40below the sector's middle half▼ 0.390.61within the sector's middle half▲ 0.211.53within the sector's middle half▲ 0.920.66within the sector's middle half▼ 0.87
Return on assets (ROA)23.6%-31.1%above the sector's middle half▲ 7.5pp-98.9%below the sector's middle half▼ 130.0pp-11.2%below the sector's middle half▲ 87.7pp15.9%above the sector's middle half▲ 27.0pp39.5%above the sector's middle half▲ 23.6pp-112.5%below the sector's middle half▼ 152.1pp
Staff (FTE)0.31.2▲ 300%1▼ 16.7%1=0.1▼ 90.0%
above within below the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25,898
Fixed assets €12,429 ▼ 41.5%
Current assets €13,469 ▼ 75.2%
Equity and liabilities €25,898
Equity €4,149 ▼ 87.5%
Debt €21,749 ▼ 48.5%
Debt's share of the balance-sheet total rises from 55.9% to 84.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€19,804▼
2024 · €40,283
Cash flow
-€20,068▼
2024 · €39,481
Debt to equity
5.24▲
2024 · 1.27
ROE
-702.5%▼
2024 · 89.6%
Interest coverage
-70.48▼
2024 · 49.79
Debt ≤ 1 year
€20,393▼
2024 · €35,451
Debt > 1 year
€1,356▼
2024 · €6,749
Staff costs
€6,967▼
2024 · €14,216
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,294 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 89.6% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
4.1% went bankrupt
6.0% stopped otherwise
89.6% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,294 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€75,496€25,898▼
Fixed assets21/28€21,258€12,429▼
Tangible fixed assets22/27€21,158€12,079▼
Land and buildings22€1,696€1,171▼
Plant, machinery and equipment23€2,818€1,758▼
Furniture and vehicles24€16,644€9,150▼
Financial fixed assets28€100€350▲
Current assets29/58€54,238€13,469▼
Stocks and contracts in progress3€752-
Stocks30/36€752-
Amounts receivable within one year40/41€14€9,854▲
Trade receivables40€14-
Other amounts receivable41-€9,854
Cash at bank and in hand54/58€53,472€3,378▼
Deferred charges and accrued income490/1-€237
Equity and liabilities
Total equity and liabilities10/49€75,496€25,898▼
Equity10/15€33,296€4,149▼
Contributions10/11€68,600€68,600=
Profit (loss) carried forward14-€35,304-€64,451▼
Amounts payable17/49€42,200€21,749▼
Amounts payable after more than one year17€6,749€1,356▼
Financial debts170/4€6,749€1,356▼
Amounts payable within one year42/48€35,451€20,393▼
Current portion of amounts payable after more than one year42€5,339€5,393▲
Trade debts44€3,755-
Suppliers440/4€3,755-
Taxes, remuneration and social security45€2,809-
Taxes450/3€2,809-
Other amounts payable47/48€23,548€15,000▼
Income statement Code20242025
Turnover70€175,216€48,574▼
Remuneration, social security and pensions62€14,216€6,967▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,647€9,079▼
Other operating charges640/8€3,351€2,991▼
Gross operating margin9900€57,850-€9,846▼
Operating profit (loss)9901€30,636-€28,883▼
Financial income75/76B€7€17▲
Recurring financial income75€7€17▲
Financial charges65/66B€809€281▼
Recurring financial charges65€809€281▼
Profit (loss) for the period before taxes9903€29,834-€29,147▼
Profit (loss) for the period9904€29,834-€29,147▼
Profit (loss) for the period to be appropriated9905€29,834-€29,147▼
Appropriation of the result
Profit (loss) to be appropriated9906-€35,304-€64,451▼
Profit (loss) brought forward from the previous period14P-€65,138-€35,304▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Turnover70€164,207€150,470€94,499€134,846€162,644€175,216€48,574▼ 72.3%
Goods, raw materials, services and sundry goods60/61---€114,365----
Remuneration, social security and pensions62---€14,155€14,066€14,216€6,967▼ 51.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,986€3,026€3,493€8,825€9,144€9,647€9,079▼ 5.9%
Other operating charges640/8---€3,143€1,511€3,351€2,991▼ 10.7%
Gross operating margin9900€10,474€26,561-€14,985€20,481€33,851€57,850-€9,846-
Operating profit (loss)9901€6,980€20,168-€33,266-€5,641€9,130€30,636-€28,883-
Financial income75/76B---€0€1€7€17▲ 143%
Recurring financial income75€3€123€11€0€1€7€17▲ 143%
Financial charges65/66B---€469€793€809€281▼ 65.3%
Recurring financial charges65€98€81€92€469€793€809€281▼ 65.3%
Profit (loss) for the period before taxes9903€6,884€20,210-€33,347-€6,110€8,339€29,834-€29,147-
Profit (loss) for the period9904€6,884€20,210-€33,347-€6,110€8,339€29,834-€29,147-
Profit (loss) for the period to be appropriated9905€6,884€20,210-€33,347-€6,110€8,339€29,834-€29,147-
Line2019202020212022202320242025Change
Assets
Total assets20/58€29,125€65,001€33,724€54,765€52,507€75,496€25,898▼ 65.7%
Fixed assets21/28€11,515€11,784€9,223€37,804€29,932€21,258€12,429▼ 41.5%
Tangible fixed assets22/27€11,415€11,684€9,123€37,704€29,832€21,158€12,079▼ 42.9%
Land and buildings22---€3,240€2,221€1,696€1,171▼ 31.0%
Plant, machinery and equipment23---€1,958€2,624€2,818€1,758▼ 37.6%
Furniture and vehicles24---€32,506€24,986€16,644€9,150▼ 45.0%
Financial fixed assets28€100€100€100€100€100€100€350▲ 250%
Current assets29/58€17,610€53,217€24,501€16,961€22,575€54,238€13,469▼ 75.2%
Stocks and contracts in progress3€1,220€648€1,710€1,120€840€752--
Stocks30/36---€1,120€840€752--
Amounts receivable within one year40/41-€13€1,069--€14€9,854▲ 704×
Trade receivables40-----€14--
Other amounts receivable41------€9,854-
Cash at bank and in hand54/58€16,390€52,556€21,722€15,841€21,735€53,472€3,378▼ 93.7%
Deferred charges and accrued income490/1------€237-
Equity and liabilities
Total equity and liabilities10/49€29,125€65,001€33,724€54,765€52,507€75,496€25,898▼ 65.7%
Equity10/15€14,370€34,580€1,233-€4,877€3,462€33,296€4,149▼ 87.5%
Contributions10/11€68,600--€68,600€68,600€68,600€68,600=
Profit (loss) carried forward14-€54,230-€34,020-€67,367-€73,477-€65,138-€35,304-€64,451▼ 82.6%
Amounts payable17/49€14,755€30,421€32,491€59,642€49,045€42,200€21,749▼ 48.5%
Amounts payable after more than one year17---€17,374€12,088€6,749€1,356▼ 79.9%
Financial debts170/4---€17,374€12,088€6,749€1,356▼ 79.9%
Amounts payable within one year42/48€14,755€28,721€30,791€42,268€36,957€35,451€20,393▼ 42.5%
Current portion of amounts payable after more than one year42---€5,234€5,286€5,339€5,393▲ 1.0%
Trade debts44€12,531€9,833€9,574€6,403€4,930€3,755--
Suppliers440/4---€6,403€4,930€3,755--
Taxes, remuneration and social security45---€2,499€4,381€2,809--
Taxes450/3---€2,499€2,658€2,809--
Remuneration and social security454/9----€1,723---
Other amounts payable47/48---€28,131€22,359€23,548€15,000▼ 36.3%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€6,884€20,210-€33,347-€6,110€8,339€29,834-€29,147-
+ Depreciation and write-downs630€2,986€3,026€3,493€8,825€9,144€9,647€9,079▼ 5.9%
Operating cash flow (approximation)€9,871€23,236-€29,854€2,715€17,483€39,481-€20,068-
Investment in fixed assets (approximation)--€3,295-€932-€37,406-€1,272-€973-€250▲ 74.3%
Change in cash-€36,166-€30,834-€5,881€5,893€31,737-€50,094-

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

Download as CSV

Latest 10 of 17 filings with the National Bank
Financial year Type Filed Reference
30-09-2025 micro format 13-03-2026 2026-00055014
30-09-2024 micro format 28-03-2025 2025-00059206
30-09-2023 micro format 18-03-2024 2024-00044565
30-09-2022 micro format 23-03-2023 2023-00043625
30-09-2021 micro format 16-03-2022 2022-07800491
30-09-2020 micro format 23-03-2021 2021-08300241
30-09-2019 micro format 26-03-2020 2020-07600064
30-09-2018 micro format 25-03-2019 2019-08300579
30-09-2017 abbreviated format 23-03-2018 2018-07700098
30-09-2016 abbreviated format 20-03-2017 2017-07200021

Show all 17 filings

Similar companies · same sector, comparable size

Of the 20,120 active companies whose main activity is full-service restaurants (NACE 56111), figures are known for 11,698. 4,703 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.