MESTAN
ActiveThe computed 12-month bankruptcy probability of MESTAN is 3.1% (moderate). The 2025 annual accounts show equity of €18k and a net result of €352. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 73% of 18281 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability32▼-35
Solvency86▲+38
Growth52=
Track record94
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.58 against 1.27 in 2024; short-term debt: 38.7% and cash: 0.2% of total assets), and 38.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61.3%
Return on assets
1.2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
on the day
2022
4 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€18k▲ 1.9%
2024 · €18k
2022: €13k
2023: €18k
2024: €18k
2022 → 2025
Total assets
€30k▼ 61.1%
2024 · €77k
2022: €195k
2023: €199k
2024: €77k
2022 → 2025
Net result
€352▲ 4,245%
2024 · €8
2022: €4k
2023: €6k
2024: €8
2022 → 2025
Working capital
€18k▲ 17.4%
2024 · €16k
2022: €-954
2023: €10k
2024: €16k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€13k-€18k▲ 37.9%€18k=€18k▲ 1.9%
Operating result€2k-€10k▲ 312%€1k▼ 87.3%€2k▲ 32.7%
Net result€4k-€6k▲ 47.9%€8▼ 99.9%€352▲ 4,245%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 33% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €30k
Equity
€18k▲ 1.9%
Debt
€12k▼ 80.3%
The debt ratio falls from 76.6% to 38.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2k▼
2024 · €7k
Cash flow
€352▼
2024 · €6k
Solvency
61.3%▲
2024 · 23.4%
Current ratio
2.58▲
2024 · 1.27
Quick ratio
2.58▲
2024 · 0.23
Debt / equity
0.63▼
2024 · 3.27
ROE
1.9%▲
2024 · 0.0%
ROA
1.2%▲
2024 · 0.0%
Interest coverage
1.43▼
2024 · 5.78
Debt
€12k▼
2024 · €59k
Debt ≤ 1 year
€12k▼
2024 · €59k
Income taxes
€147▲
2024 · €19
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€77k€30k▼
Fixed assets21/28€2k€0▼
Tangible fixed assets22/27€2k€0▼
Furniture and vehicles24€2k€0▼
Current assets29/58€75k€30k▼
Stocks and contracts in progress3€62k€0▼
Stocks30/36€62k€0▼
Amounts receivable within one year40/41€13k€30k▲
Trade receivables40€13k€22k▲
Other amounts receivable41-€8k
Cash at bank and in hand54/58-€46
Equity and liabilities
Total equity and liabilities10/49€77k€30k▼
Equity10/15€18k€18k▲
Contributions10/11€10k€10k=
Reserves13€8k€8k▲
Distributable reserves133€8k€8k▲
Amounts payable17/49€59k€12k▼
Amounts payable within one year42/48€59k€12k▼
Financial debts43€10k€0▼
Credit institutions430/8€10k€0▼
Trade debts44-€3k
Suppliers440/4-€3k
Taxes, remuneration and social security45€15k€6k▼
Taxes450/3€15k€6k▼
Other amounts payable47/48€34k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€0▼
Other operating charges640/8€231€646▲
Gross operating margin9900€7k€2k▼
Operating profit (loss)9901€1k€2k▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€27€498▲
Income taxes67/77€19€147▲
Profit (loss) for the period9904€8€352▲
Profit (loss) for the period to be appropriated9905€8€352▲
Appropriation of the result
Profit (loss) to be appropriated9906€8€352▲
Transfer to equity691/2€8€352▲
To other reserves6921€8€352▲
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
2026
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Liquidity doublescurrent ratio 2.58
Current ratio from 1.27 to 2.58; short-term debt falls from €59k to €12k.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €8 ▼99.9%
Net result drops to €8, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2022net €6k ▲47.9%
Operating result €10k, net result €6k, both a record.
04-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2021
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.
Overwinningsstraat 481060 Sint-Gillis (bij-Brussel)Ground area
145 m²
Building footprint
92 m²
Volume, LiDAR
1,452 m³
Parcel 21013B0115/00L002, Brussels · tallest building 19.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
MESTAN SRL
since 20212.315.821.352
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0115/00L002 | Brussels | 145 m² | 1 · 92 m² | 19.9 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
GINGER G
BE 0772.321.027
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FOOD ITALY
BE 0649.680.759
Clavier · Eq €18k
DE RATTERY
BE 0867.683.707
Bilzen-Hoeselt · Eq €18k
BEL-ICIOUS
BE 0782.757.237
Brussel · Eq €18k
ORIENT PLUS
BE 0544.980.840
Liège · Eq €18k
Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 4,081 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-04-2021
Fiscal year end30-09
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
52249Warehousing and support activities for transportation
52250Logistics services
52290Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.