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MESTAN

Active
Overwinningsstraat 48 ·1060 Sint-Gillis (bij-Brussel), Belgium
BE 0766.378.687
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Age5 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The 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 78% of 1393 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

2 signals · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 78% of 1393 peers (2025). A comfortable equity buffer.
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
3.1% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate region +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€352+4245.5%
Working capital€18k+17.4%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 28-04-2026 with the NBB · fiscal year 2025 · micro
€0€3k€5k€8k€10kOperating result 2022: €2k€2kNet result 2022: €4k€4kOperating result 2023: €10k€10kNet result 2023: €6k€6kOperating result 2024: €1k€1kNet result 2024: €8€8Operating result 2025: €2k€2kNet result 2025: €352€3522022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~5.9%/year over 4 fiscal years, indicative, assuming unchanged policy.
€10k€15k€20k€25k2026: €20k (€18k - €21k)2027: €21k (€18k - €23k)2028: €22k (€18k - €25k)2022: €13k2023: €18k2024: €18k2025: €18k2022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 47, Retail trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 61.3% 23.6%
better than 78% of 1393 sector peers
Net result €352 €8k
better than 31% of 1391 sector peers
Equity €18k €26k
better than 44% of 1394 sector peers
Gross operating margin €2k €35k
better than 19% of 1388 sector peers
Total assets €30k €133k
better than 16% of 1394 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P78
2022: P33 · n=41812023: P36 · n=56302024: P53 · n=66752025: P78 · n=13932022 2025
Improving position over 2022-2025 · n=1393-6675
Net result P31
2022: P54 · n=41692023: P56 · n=56112024: P37 · n=66562025: P31 · n=13912022 2025
Weakening position over 2022-2025 · n=1391-6656
Equity P44
2022: P49 · n=41892023: P53 · n=56372024: P52 · n=66892025: P44 · n=13942022 2025
Stable position over 2022-2025 · n=1394-6689
Gross operating margin P19
2022: P35 · n=41612023: P45 · n=55862024: P32 · n=66352025: P19 · n=13882022 2025
Weakening position over 2022-2025 · n=1388-6635
Describes the position versus peers, not a forecast.
EBITDA
€2k
-76.5% -99% vs sector
Net profit
€352
+4245.5% -100% vs sector
Cash flow
€352
-94.0% -100% vs sector
Total assets
€30k
-61.1% -99% vs sector
Equity
€18k
+1.9% -98% vs sector
Working capital
€18k
+17.4% -96% vs sector
Income taxes
€147
+656.8% -99% vs sector
Dividends
€800
0.0% -98% vs sector
Debt
€12k
-80.3% -99% vs sector
Debt ≤ 1y
€12k
-80.3% -98% vs sector
Current ratio
2.58
+104.2% +26% vs sector
Quick ratio
2.58
+1048.1% +83% vs sector
Solvency
61.3%
+161.9% ≈ vs sector
Debt / equity
0.63
-80.7% +3% vs sector
ROE
1.9%
+4162.6% -76% vs sector
ROA
1.2%
+11063.8% -76% vs sector
Interest coverage
1.43
-75.3% -78% vs sector
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€2k
Net profit€352
Cash flow€352
Staff costs-
Income taxes€147
Dividends-
Total assets€30k
Equity€18k
Debt€12k
of which ≤ 1y€12k
of which > 1y-
Working capital€18k
Employees (FTE)-
Ratios (computed)
2025
Current ratio2.58
Quick ratio2.58
Working capital ratio61.3%
Solvency61.3%
Debt / equity0.63
Long-term debt ratio-
Interest coverage1.43
Gross margin-
Net margin-
ROA1.2%
ROE1.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€30k
Fixed assets 21/28€0
Tangible fixed assets 22/27€0
Current assets 29/58€30k
Stocks & contracts in progress 3€0
Amounts receivable within one year 40/41€30k
Cash & bank 54/58€46
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€30k
Equity 10/15€18k
Contributions / capital 10/11€10k
Reserves 13€8k
Amounts payable 17/49€12k
Amounts payable within one year 42/48€12k
Trade debts payable within one year 44€3k
Income statement
Gross operating margin 9900€2k
Operating result 9901€2k
Financial charges 65€1k
Result before taxes 9903€498
Income taxes 67/77€147
Net result for the period 9904€352
Result to be appropriated 9905€352
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
76 / 100 Excellent
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
MESTAN SRL
Overwinningsstraat 48, 1060 Sint-Gillis (bij-Brussel)Monteren van niet-zelfvervaardigde metalen constructiewerken
since 20212.315.821.352
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area145 m²
Buildings1
Building footprint92 m²
Volume (LiDAR)1,452 m³
Tallest building19.9 m · ±5 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21013B0115/00L002 Brussels 145 m² 1 · 92 m² 19.9 m · 5 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health76Profitability10Solvency99Growth52Stability94
66 / 100

Strong profile, led by solvency.

Health 76
Profitability 10
Solvency 99
Growth 52
Stability 94

Ask AI about this company

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Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Same sector, ranked by comparable size

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen47110Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)47113Overige vrachtbehandeling, exclusief in zeehavens52249Overige vrachtbehandeling, exclusief in zeehavens52249Logistieke diensten52250Overige vervoerondersteunende activiteiten52290
Primary activity highlighted.
Names & trade names
Legal nameFR MESTAN
Registered office
Overwinningsstraat 48
1060 Sint-Gillis (bij-Brussel), Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.