The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 39,274 companies had the same profile as MEYS CONSTRUCT has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Micro
2 to 5 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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
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 39,274 companies, not a prediction for MEYS CONSTRUCT. 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
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0780589187
Incorporation
Founders: Name hiddenVisible after signing in and Hidden nameVisible after signing in · 100 shares · Appointments: Name after signing inVisible after signing in (director) and Name hiddenVisible after signing in (director) · published on 20-01-2022 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as MEYS CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €214,000 and €289,000, founded between 2021 and 2022.
The company number of MEYS CONSTRUCT is 0780.589.187. The VAT number is the same number with BE in front: BE 0780.589.187.
Where is MEYS CONSTRUCT based?
The registered office is at Rue Grand'Mazures 17, 7534 Tournai.Company details
What does MEYS CONSTRUCT do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of MEYS CONSTRUCT?
MEYS CONSTRUCT is a private limited company (BV).
When was MEYS CONSTRUCT founded?
MEYS CONSTRUCT was founded on 18-01-2022.
Is MEYS CONSTRUCT still active?
Yes, MEYS CONSTRUCT is an active enterprise in the KBO register.
How many employees does MEYS CONSTRUCT have?
MEYS CONSTRUCT had an average of 0.3 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
Which joint committee does MEYS CONSTRUCT fall under?
In its 2022 annual accounts, MEYS CONSTRUCT states joint committee 124 (Construction).
What is the turnover of MEYS CONSTRUCT?
The turnover in financial year 2025 is ≈ €480,000. This figure is estimated from the gross margin of €91,871 and 111 comparable companies (NACE 41001). It probably lies between €350,000 and €790,000.
Is MEYS CONSTRUCT profitable?
In financial year 2025, MEYS CONSTRUCT made a profit of €31,744.
Where can I find the annual accounts of MEYS CONSTRUCT?
MEYS CONSTRUCT filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MEYS CONSTRUCT due?
MEYS CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline