MENSAERT
ActiveMENSAERT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €86k. Equity is shrinking by ~32.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 10% of 16941 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
65
/ 100
Healthy▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency14▲+2
Growth58=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.03 against 1.02 in 2024), and 97.1% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
2.9%
Return on assets
83.3%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 16941 sector peers (2025).
NBB · sector comparisonPosition among 16941 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 16-03-2026, 137 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
137 d early
2024
147 d early
2023
75 d early
2022
126 d early
2021
117 d early
2020
53 d early
2019
53 d early
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k=
2024 · €3k
2019: €99k
2020: €165k
2021: €242k
2022: €89k
2023: €89k
2024: €3k
2019 → 2025
Total assets
€103k▼ 47.6%
2024 · €198k
2019: €147k
2020: €214k
2021: €268k
2022: €188k
2023: €192k
2024: €198k
2019 → 2025
Net result
€86k▼ 6.5%
2024 · €92k
2019: €86k
2020: €68k
2021: €70k
2022: €70k
2023: €72k
2024: €92k
2019 → 2025
Working capital
€3k=
2024 · €3k
2019: €90k
2020: €172k
2021: €251k
2022: €103k
2023: €106k
2024: €3k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€242k-€89k▼ 63.1%€89k=€3k▼ 96.6%€3k=
Operating result€88k-€88k▼ 0.4%€91k▲ 3.8%€115k▲ 26.2%€109k▼ 5.0%
Net result€70k-€70k▼ 0.5%€72k▲ 4.0%€92k▲ 27.2%€86k▼ 6.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €103k
Equity
€3k=
Debt
€100k▼ 48.4%
The debt ratio falls from 98.5% to 97.1%: debt is paid down.
Key figures and ratios
EBITDA
€109k▼
2024 · €115k
Cash flow
€86k▼
2024 · €92k
Solvency
2.9%▲
2024 · 1.5%
Current ratio
1.03▲
2024 · 1.02
Quick ratio
1.03▲
2024 · 1.02
Debt / equity
33.50▼
2024 · 64.86
ROA
83.3%▲
2024 · 46.7%
Interest coverage
524.85▼
2024 · 878.56
Debt
€100k▼
2024 · €195k
Debt ≤ 1 year
€100k▼
2024 · €195k
Income taxes
€23k▼
2024 · €25k
A ratio outside any meaningful range has been withheld (balance sheet total €103k, equity €3k).
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€198k€103k▼
Fixed assets21/28€0-
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Current assets29/58€198k€103k▼
Amounts receivable within one year40/41€100k€23k▼
Trade receivables40€18k€19k▲
Other amounts receivable41€82k€4k▼
Cash at bank and in hand54/58€94k€79k▼
Deferred charges and accrued income490/1€5k€2k▼
Equity and liabilities
Total equity and liabilities10/49€198k€103k▼
Equity10/15€3k€3k=
Contributions10/11€3k€3k=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14€0€0=
Amounts payable17/49€195k€100k▼
Amounts payable within one year42/48€195k€100k▼
Financial debts43€0€12▲
Credit institutions430/8€0€12▲
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€15k€10k▼
Taxes450/3€15k€10k▼
Other amounts payable47/48€178k€89k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€210€0▼
Other operating charges640/8€887€843▼
Gross operating margin9900€116k€110k▼
Operating profit (loss)9901€115k€109k▼
Financial income75/76B€3k€0▼
Recurring financial income75€3k€0▼
Financial charges65/66B€131€208▲
Recurring financial charges65€131€208▲
Profit (loss) for the period before taxes9903€118k€109k▼
Income taxes67/77€25k€23k▼
Profit (loss) for the period9904€92k€86k▼
Profit (loss) for the period to be appropriated9905€92k€86k▼
Appropriation of the result
Profit (loss) to be appropriated9906€92k€86k▼
Transfer from equity791/2€86k€0▼
Profit to be distributed694/7€178k€86k▼
Return on contributions (dividend)694€178k€86k▼
The notes to these accounts (3 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
16-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
06-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €92k ▲27.2%
Net result €92k, the highest in the series.
17-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 23.49
Current ratio from 6.07 to 23.49; short-term debt falls from €34k to €11k.
31-12
Financial
Equity above €200kEq €242k ▲46.1%
3 profitable years in a row build equity to €242k.
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €68k ▼21.4%
Net result drops to €68k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €165k ▲67.9%
2 profitable years in a row build equity to €165k.
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Oostkamp · 1 establishment unit since 2018
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.
Azaleastraat 338020 OostkampGround area
1,208 m²
Building footprint
140 m²
Volume, LiDAR
852 m³
Parcel 31403H0468/00D006, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mensaert
since 20182.278.348.470
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31403H0468/00D006 | Flanders | 1,208 m² | 1 · 140 m² | 8.5 m · 2 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
TECHALLY
BE 0727.648.567
Incourt · Eq €3k
Increment
BE 0728.601.444
Rotselaar · Eq €3k
WHIZZKIDZ
BE 0730.666.158
Oostende · Eq €3k
SmarTIC
BE 0732.626.944
Eghezée · Eq €3k
HARIKRISHNATECH
BE 0733.908.829
Sint-Lambrechts-Woluwe · Eq €3k
Of 29,889 companies in sector 62200 we hold annual accounts for 18,319. 4,244 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-08-2018
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62010Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.