Equity
-€34,710
Debts exceed assets in financial year 2025.
THE MEXICAN
Lifetime
20 annual accounts with figures on one time axis, 23 filings since 2003peak €159,374 (2019)
€47,894▼ 5.7%
lowest -€57,508 (2023)
€5,483▲ 31.1%
peak €42,191 (2017)
-€34,710▲ €5,483
€70,610▼ 15.1%
peak 2.7 FTE (2018)
-not published
Board1 name since 2021
1 directorPEREZ T'SEYEN Kristina Anneleen
Documentsfilings and deeds
15-06-202646 days before the deadline
2025micro format
Result from €4,181 to €5,483Equity from -€40,192 to -€34,710Debts from €83,215 to €70,610
Key points
from the 2025 annual accountsTurnover
≈ €240,000 estimated
The micro format states no turnover.
Debts
€70,610 197% of the balance sheet
Financial debts 35%Suppliers 30%Taxes and wages 19%Other 16%
Of this, €45,457 falls due within a year.
Staff
1 employees on 31-12-2025
In 2025, 11 people joined and 10 left.
Filings
23 annual accounts since 2003
Six of the last ten came late. The 2017 accounts came latest: 142 days after the end of the period.
Position in the sector
-96.7%
Lower solvency than 90% of companies in food and beverage service. Sector median 29.5% · 17,153 companies.
Checked score
54
Fair
Financially stronger than 31% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.7%
01-2025: 2.7%● unchanged vs 12-2024
02-2025: 2.7%● unchanged vs 01-2025
03-2025: 2.6%▼ -0.1 percentage points vs 02-2025
04-2025: 2.6%● unchanged vs 03-2025
05-2025: 2.5%▼ -0.1 percentage points vs 04-2025
06-2025: 2.4%▼ -0.1 percentage points vs 05-2025
07-2025: 2.7%▲ +0.3 percentage points vs 06-2025
08-2025: 3.3%▲ +0.6 percentage points vs 07-2025highest value
09-2025: 1.0%▼ -2.3 percentage points vs 08-2025
10-2025: 1.0%● unchanged vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 1.0%● unchanged vs 02-2026
04-2026: 1.1%▲ +0.1 percentage points vs 03-2026
05-2026: 1.0%▼ -0.1 percentage points vs 04-2026
06-2026: 1.0%● unchanged vs 05-2026
07-2026: 1.0%● unchanged vs 06-2026
08-2026: 1.0%● unchanged vs 07-2026
09-2026: 1.0%● unchanged vs 08-2026
10-2026: 1.0%● unchanged vs 09-2026lowest value
11-2026: 1.0%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Sector: Food and beverage service activities (NACE 56)
Negative equity -€34,710
lowers risk
Founded in 2002
Size: total assets €35,900
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 9% of them on solvency, 11% on liquidity, 44% on profitability and 60% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,794 companies had the same profile as THE MEXICAN has now. Each dot stands for 10 companies, two years later.
91.5%
were still trading
5.3%
stopped another way
2.7%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of THE MEXICAN itself: 1.0% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 3,794 companies, not a prediction for THE MEXICAN. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.1 (0.16 in 2024), below 1. Short-term debt is 126.6% and cash 9.2% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 17153 sector peers (2025).
NBB · sector comparisonPosition among 17153 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 days early
2024
6 days late
2023
48 days early
2022
4 days late
2021
3 days late
2020
32 days early
2019
48 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 August (4 of the last 5 accounts filed within 49 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Change of role: PEREZ T'SEYEN Kristina Anneleen, from manager to director
Director discharge: PEREZ T'SEYEN Kristina Anneleen · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0478156847
Resignation: PEREZ DEL OLMO Alejandro (manager)
General meeting of 28-12-2017 · Gazette deed
First establishment
Tiensestraat 21, Leuven
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| THE MEXICAN Leuven | €35,900 | €47,894 | -96.7% | - |
| S.V.D. Brussels | €32,612 | €48,824 | 1.0% | - |
| THE COOKING COMPANY Bruges | €36,855 | €51,012 | -87.7% | - |
| MARKET ADVICE DESPLENTER Ghent | €39,939 | €54,080 | 10.6% | 0.9 |
| TRIKI Bastogne | €33,470 | €46,908 | 41.9% | - |
| PRÊT-À-GOÛTER Heusden-Zolder | €41,508 | €44,333 | -888.8% | - |
| DE MESSINC Bornem | €37,900 | €57,137 | -50.3% | - |
These companies have the same main activity as THE MEXICAN: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €32,600 and €41,500, founded between 1999 and 2004.
Official details
Source: KBO- Status
- Active since 08-08-2002Normal situation
- Activity
- Full-service restaurantsNACE 56111and 2 others
- Joint committee
- 302Hotels and catering · annual accounts 2023
- Establishment unit
- 2.114.545.4613000 Leuven, since 18-10-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 30-10-2023
Annual accounts 2025
- €35,900▼ 16.6%
- Employeeson 31-12-2025
- 1
- Filing
- Filed on 15-06-2026, 46 days before the end of the filing period
Insights on THE MEXICAN
THE MEXICAN files the micro format. That format states no turnover. The gross margin rose from -€11,967 in 2006 to €47,894 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 THE MEXICAN
- What is the company number of THE MEXICAN?
- The company number of THE MEXICAN is 0478.156.847. The VAT number is the same number with BE in front: BE 0478.156.847.
- Where is THE MEXICAN based?
- The registered office is at Tiensestraat 21, 3000 Leuven.Company details
- What does THE MEXICAN do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of THE MEXICAN?
- THE MEXICAN is a private limited company (BV).
- When was THE MEXICAN founded?
- THE MEXICAN was founded on 08-08-2002.
- Is THE MEXICAN still active?
- Yes, THE MEXICAN is an active enterprise in the KBO register.
- How many employees does THE MEXICAN have?
- THE MEXICAN had an average of 1.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does THE MEXICAN fall under?
- In its 2023 annual accounts, THE MEXICAN states joint committee 302 (Hotels and catering).
- What is the turnover of THE MEXICAN?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €47,894 and 60 comparable companies (NACE 56111). It probably lies between €180,000 and €320,000.
- Is THE MEXICAN profitable?
- In financial year 2025, THE MEXICAN made a profit of €5,483.
- Where can I find the annual accounts of THE MEXICAN?
- THE MEXICAN filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of THE MEXICAN due?
- THE MEXICAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.