Equity
-€91,454
Debts exceed assets in financial year 2025.
MESTAG
Lifetime
14 annual accounts with figures on one time axispeak of €35,289 in 2020
€31,371▼ 11.0%
lowest -€27,679 in 2022
-€15,026▼ €2,645
peak of €14,607 in 2014
-€91,454▼ €15,026
€122,531▲ 8.3%
peak of 1 FTE in 2017
-not published
Board2 names since 2020
-
Documentsfilings and deeds
09-09-202640 days late
2025abbreviated format
Loss of €15,026Equity from -€76,427 to -€91,454Cash from €4,780 to €2,793
Key points
from the 2025 annual accountsLosses
-€78,124 in five years
Every financial year from 2021 to 2025 closed with a loss. 2022 was the heaviest.
Turnover
≈ €110,000 estimated
The accounts state no turnover.
Debts
€122,531 394% of the balance sheet
Suppliers 44%Taxes and wages 8%Other 48%
Of this, €122,461 falls due within a year.
Filings
14 annual accounts since 2012
Eight of the last ten came late. The 2024 accounts came in latest, 400 days after the end of the period.
Position in the sector
-294.3%
Lower solvency than 95% of companies in computer and electronic products. Sector median 48.2% · 182 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 6,920 companies had the same profile as MESTAG has now. Each dot stands for 18 companies, two years later.
85.3%
were still trading
8.3%
stopped another way
5.8%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,920 companies, not a prediction for MESTAG. 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
last known boardDirector, last mentioned in 2020
- deed of 22-07-2020
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0843124889
Capital increase of €50,846.47 to €70,000
Capital from €19,153.53 to €70,000 · Contribution: · Change of role: , from manager to director · General meeting of 14-07-2020 · Gazette deed
Incorporation
published on 30-01-2012 · Gazette deed
First establishment
Sinte-Aleidisvoorplein 25, Woluwe-Saint-Pierre
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MESTAG Ganshoren | €31,077 | €31,371 | -294.3% | - |
| ALTERIS TECHNOLOGIES Jalhay | €155,204 | €44,803 | 60.3% | - |
| DEMOL TANDTECHNIEK Harelbeke | €267,166 | €32,879 | 11.8% | - |
| N.D.I. Maasmechelen | €239,583 | €9,986 | 43.0% | - |
| Therakos (Belgium) Brussels | €114,519 | €2,004 | 74.3% | - |
| Audinc Belgium Essen | €37,444 | €27,539 | -42.2% | - |
| Collor Beringen | €87,142 | €24,586 | 94.8% | - |
These companies have the same main activity as MESTAG: manufacture of computer, electronic and optical products (NACE 26600). They are comparable in size and age: total assets between €37,400 and €267,000, founded between 2008 and 2023.
Official details
Source: KBO- Status
- Active since 26-01-2012Normal situation
- Activity
- Manufacture of computer, electronic and optical productsNACE 26600and 3 others
- Establishment unit
- 2.207.054.9551150 Woluwe-Saint-Pierre, since 26-01-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 22-12-2025
Insights on MESTAG
MESTAG files the abbreviated format. That format states no turnover. The gross margin rose from €8,805 in 2012 to €31,371 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MESTAG
- What is the company number of MESTAG?
- The company number of MESTAG is 0843.124.889. The VAT number is the same number with BE in front: BE 0843.124.889.
- Where is MESTAG based?
- The registered office is at Hervormingslaan 76, 1083 Ganshoren.Company details
- What does MESTAG do?
- According to the KBO register, the main activity is manufacture of computer, electronic and optical products (NACE 26600).
- What is the legal form of MESTAG?
- MESTAG is a private limited company (BV).
- When was MESTAG founded?
- MESTAG was founded on 26-01-2012.
- Is MESTAG still active?
- Yes, MESTAG is an active enterprise in the KBO register.
- What is the turnover of MESTAG?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €31,371 and 888 comparable companies of the same size. It probably lies between €60,000 and €230,000. It is a rough estimate. In financial year 2018 turnover was €231,303.Financials
- Is MESTAG profitable?
- In financial year 2025, MESTAG made a loss of €15,026.
- Where can I find the annual accounts of MESTAG?
- MESTAG filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MESTAG due?
- MESTAG must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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