MENDES

Active

Private limited companyfounded 20223 yrs activeGalileilaan 18, 2845 Niel, BelgiumKBO/BCE: BE 0797.303.673

Summary

MENDES has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17.90M and a net result of €129k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 95% of 2276 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Watch Print / PDF

Checked score

Score 2025

68 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability39▲+3

Solvency100=

Growth85▲+53

Track record94

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €20k at 30 days acceptable

Liquidity ample (current ratio 11.09 against 4.8 in 2024; short-term debt: 0.1% and cash: 0.6% of total assets), and 0.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 82

Relative position

BE, all sectors

reference

Sector 82

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

99.9%

Return on assets

0.7%

Age of the figures

9 mo

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 3 filings

Deviation from the deadline

2025

26 d late

2024

28 d late

2023

29 d late

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover

€200k▲ 100%

2024 · €100k

2024: €100k

2024 → 2025

EBIT margin

65.9%▲ 6.3pp

2024 · 59.6%

2024: 59.6%

2024 → 2025

Net result

€129k

2024 · €-116k

2023: €-3k 2024: €-116k

2023 → 2025

Working capital

€160k▲ 97.5%

2024 · €81k

2024: €81k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202320242025Trend

Turnover€100k€200k▲ 100%

Equity€17.89M-€17.77M▼ 0.6%€17.90M▲ 0.7%

Operating result€-3k-€60k€132k▲ 121%

Net result€-3k-€-116k▼ 3,447%€129k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen two years in a row; 2025 is 121% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €17.92M

99.0%

Fixed assets €17.74M =

Current assets €175k ▲ 71.9%

Equity and liabilities €17.92M

99.9%

Equity €17.90M ▲ 0.7%

Debt €16k ▼ 77.8%

Debt's share of the balance-sheet total falls from 0.4% to 0.1%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

Current ratio

11.09▲

2024 · 4.80

Debt to equity

0.00▼

2024 · 0.00

ROE

0.7%▲

2024 · -0.7%

ROA

0.7%▲

2024 · -0.6%

Debt ≤ 1 year

€16k▼

2024 · €21k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines

Balance sheet Code20242025

Assets

Total assets20/58€17.84M€17.92M▲

Fixed assets21/28€17.74M€17.74M=

Financial fixed assets28€17.74M€17.74M=

Current assets29/58€102k€175k▲

Amounts receivable within one year40/41€21k€61k▲

Trade receivables40-€61k

Other amounts receivable41€21k-

Cash at bank and in hand54/58€81k€115k▲

Deferred charges and accrued income490/1€142-

Equity and liabilities

Total equity and liabilities10/49€17.84M€17.92M▲

Equity10/15€17.77M€17.90M▲

Contributions10/11€5.71M€5.71M=

Reserves13€745k€745k=

Non-distributable reserves130/1€745k€745k=

Reserves not available under the articles1311€745k€745k=

Profit (loss) carried forward14€11.32M€11.44M▲

Amounts payable17/49€71k€16k▼

Amounts payable within one year42/48€21k€16k▼

Trade debts44€8k€9k▲

Suppliers440/4€8k€9k▲

Taxes, remuneration and social security45€13k€7k▼

Taxes450/3€13k€7k▼

Accrued charges and deferred income492/3€50k-

Income statement Code20242025

Turnover70€100k€200k▲

Goods, raw materials, services and sundry goods60/61€40k€67k▲

Other operating charges640/8€559€1k▲

Gross operating margin9900€60k€133k▲

Operating profit (loss)9901€60k€132k▲

Financial income75/76B€142€11k▲

Recurring financial income75€142€11k▲

Financial charges65/66B€176k€14k▼

Recurring financial charges65€32k€14k▼

Non-recurring financial charges66B€144k-

Profit (loss) for the period before taxes9903€-116k€129k▲

Profit (loss) for the period9904€-116k€129k▲

Profit (loss) for the period to be appropriated9905€-116k€129k▲

Appropriation of the result

Profit (loss) to be appropriated9906€11.32M€11.44M▲

Profit (loss) brought forward from the previous period14P€11.43M€11.32M▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 6Financial 3Filings 3

Next filing, fiscal year 2026, expected by 31-07-2027

2026

26-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 26 days late

2025

31-12

Financial Back to profitnet €129k

Net result €129k after 2 loss-making years.

31-12

Financial Liquidity doublescurrent ratio 11.09

Current ratio from 4.80 to 11.09; short-term debt falls from €21k to €16k.

28-08

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 28 days late

2024

31-12

Financial Weakest financial yearnet €-116k

Net result drops to €-116k, the lowest in the series; recovery starts the following year.

29-08

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 29 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 acts for this company are 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, Niel · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Galileilaan 182845 Niel

Ground area

896 m²

Building footprint

921 m²

Volume, LiDAR

14,379 m³

Parcel 11030C0269/00C000, Flanders · tallest building 18.8 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

Mendes

Galileilaan 18, 2845 NielIT consultancy

since 20222.343.318.575

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11030C0269/00C000	Flanders	896 m²	1 · 921 m²	18.8 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

62MILES

BE 0728.607.778

Antwerpen · Eq €18.04M

Futurn Holding

BE 0725.738.954

Kortrijk · Eq €18.19M

COPUS PROJECTSOURCING

BE 0768.739.450

Antwerpen · Eq €17.61M

Londerzeel · Eq €18.48M

Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 765 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded29-12-2022

Fiscal year end31-12

Activities, NACEBEL 2025

82990Other business support services

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.