Mentriks
ActiveSummary
Mentriks has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €82k and a net result of €43k. Equity is growing by ~87% per year across the filed fiscal years. Its solvency ranks better than 26% of 699 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability80▲+6
Solvency42▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.82 against 0.27 in 2023; short-term debt: 12.3% and cash: 4.1% of total assets), and 83.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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 88
Relative position
BE, all sectors
reference
Social work activities without accommodation (NACE 88)
about 62% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
16.6%
Return on assets
8.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
5 d late
2022
30 d late
2021
41 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€82k▲ 109%
2023 · €39k
2021: €17klowest in 4 years
2022: €19k▲ +7.2% vs 2021
2023: €39k▲ +109% vs 2022
2024: €82k▲ +109% vs 2023highest in 4 years
2021 → 2024
Total assets
€492k▲ 1.0%
2023 · €487k
2021: €475klowest in 4 years
2022: €483k▲ +1.7% vs 2021
2023: €487k▲ +0.8% vs 2022
2024: €492k▲ +1.0% vs 2023highest in 4 years
2021 → 2024
Net result
€43k▲ 109%
2023 · €20k
2021: €17k
2022: €1k▼ -93.6% vs 2021lowest in 4 years
2023: €20k▲ +1792% vs 2022
2024: €43k▲ +109% vs 2023highest in 4 years
2021 → 2024
Working capital
€-11k▲ 76.2%
2023 · €-45k
2021: €-48k
2022: €-56k▼ -17.4% vs 2021lowest in 4 years
2023: €-45k▲ +20.6% vs 2022
2024: €-11k▲ +76.2% vs 2023highest in 4 years
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€17k-€19k▲ 7.2%€39k▲ 109%€82k▲ 109%
2021: €17klowest in 4 years
2022: €19k▲ +7.2% vs 2021
2023: €39k▲ +109% vs 2022
2024: €82k▲ +109% vs 2023highest in 4 years
Operating result€33k-€11k▼ 65.2%€40k▲ 247%€66k▲ 64.9%
2021: €33k
2022: €11k▼ -65.2% vs 2021lowest in 4 years
2023: €40k▲ +247% vs 2022
2024: €66k▲ +64.9% vs 2023highest in 4 years
Net result€17k-€1k▼ 93.6%€20k▲ 1,792%€43k▲ 109%
2021: €17k
2022: €1k▼ -93.6% vs 2021lowest in 4 years
2023: €20k▲ +1792% vs 2022
2024: €43k▲ +109% vs 2023highest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 65% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €492k
Fixed assets
€442k ▼ 6.1%
Current assets
€50k ▲ 204%
Equity and liabilities €492k
Equity
€82k ▲ 109%
Debt
€410k ▼ 8.5%
Debt's share of the balance-sheet total falls from 92.0% to 83.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€97k▲
2023 · €71k
Cash flow
€74k▲
2023 · €52k
Current ratio
0.82▲
2023 · 0.27
Debt to equity
5.01▼
2023 · 11.46
ROE
52.2%=
2023 · 52.2%
ROA
8.7%▲
2023 · 4.2%
Interest coverage
13.59▲
2023 · 9.74
Debt ≤ 1 year
€60k▼
2023 · €61k
Debt > 1 year
€350k▼
2023 · €387k
Income taxes
€16k▲
2023 · €12k
Staff costs
€40k▲
2023 · €37k
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 · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€487k€492k▲
Fixed assets21/28€471k€442k▼
Tangible fixed assets22/27€471k€442k▼
Land and buildings22€404k€395k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€66k€45k▼
Other tangible fixed assets26€541€318▼
Current assets29/58€16k€50k▲
Amounts receivable within one year40/41€13k€29k▲
Trade receivables40€11k€26k▲
Other amounts receivable41€1k€4k▲
Cash at bank and in hand54/58€4k€20k▲
Equity and liabilities
Total equity and liabilities10/49€487k€492k▲
Equity10/15€39k€82k▲
Contributions10/11€2k€2k=
Reserves13€37k€37k=
Distributable reserves133€37k€37k=
Profit (loss) carried forward14-€43k
Amounts payable17/49€448k€410k▼
Amounts payable after more than one year17€387k€350k▼
Financial debts170/4€387k€350k▼
Amounts payable within one year42/48€61k€60k▼
Current portion of amounts payable after more than one year42€42k€37k▼
Trade debts44€5k€8k▲
Suppliers440/4€5k€8k▲
Taxes, remuneration and social security45€11k€12k▲
Taxes450/3€6k€6k▲
Remuneration and social security454/9€5k€6k▲
Other amounts payable47/48€3k€2k▼
Income statement
Code20232024
Remuneration, social security and pensions62€37k€40k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€32k▲
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A-€554
Gross operating margin9900€111k€141k▲
Operating profit (loss)9901€40k€66k▲
Financial income75/76B€80€10▼
Recurring financial income75€80€10▼
Financial charges65/66B€7k€7k▼
Recurring financial charges65€7k€7k▼
Profit (loss) for the period before taxes9903€33k€59k▲
Income taxes67/77€12k€16k▲
Profit (loss) for the period9904€20k€43k▲
Profit (loss) for the period to be appropriated9905€20k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€43k▲
Profit (loss) brought forward from the previous period14P€-410-
Transfer to equity691/2€20k-
To other reserves6921€20k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €8k | - | - | - |
| Remuneration, social security and pensions62 | €58k | €41k | €37k | €40k | ▲ 8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €27k | €31k | €32k | ▲ 1.0% |
| Other operating charges640/8 | €1k | €3k | €3k | €3k | ▼ 5.5% |
| Non-recurring operating charges66A | - | - | - | €554 | - |
| Gross operating margin9900 | €112k | €83k | €111k | €141k | ▲ 26.7% |
| Operating profit (loss)9901 | €33k | €11k | €40k | €66k | ▲ 64.9% |
| Financial income75/76B | €0 | - | €80 | €10 | ▼ 87.9% |
| Recurring financial income75 | €0 | - | €80 | €10 | ▼ 87.9% |
| Financial charges65/66B | €6k | €7k | €7k | €7k | ▼ 1.9% |
| Recurring financial charges65 | €6k | €7k | €7k | €7k | ▼ 1.9% |
| Profit (loss) for the period before taxes9903 | €27k | €5k | €33k | €59k | ▲ 79.5% |
| Income taxes67/77 | €10k | €4k | €12k | €16k | ▲ 30.0% |
| Profit (loss) for the period9904 | €17k | €1k | €20k | €43k | ▲ 109% |
| Profit (loss) for the period to be appropriated9905 | €17k | €1k | €20k | €43k | ▲ 109% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €475k | €483k | €487k | €492k | ▲ 1.0% |
| Fixed assets21/28 | €456k | €476k | €471k | €442k | ▼ 6.1% |
| Tangible fixed assets22/27 | €456k | €476k | €471k | €442k | ▼ 6.1% |
| Land and buildings22 | €433k | €418k | €404k | €395k | ▼ 2.3% |
| Plant, machinery and equipment23 | - | - | - | €2k | - |
| Furniture and vehicles24 | €22k | €57k | €66k | €45k | ▼ 32.3% |
| Other tangible fixed assets26 | €988 | €764 | €541 | €318 | ▼ 41.2% |
| Current assets29/58 | €19k | €7k | €16k | €50k | ▲ 204% |
| Amounts receivable within one year40/41 | €17k | €1k | €13k | €29k | ▲ 134% |
| Trade receivables40 | €17k | €1k | €11k | €26k | ▲ 130% |
| Other amounts receivable41 | - | - | €1k | €4k | ▲ 163% |
| Cash at bank and in hand54/58 | €1k | €5k | €4k | €20k | ▲ 443% |
| Deferred charges and accrued income490/1 | €1k | €788 | - | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €475k | €483k | €487k | €492k | ▲ 1.0% |
| Equity10/15 | €17k | €19k | €39k | €82k | ▲ 109% |
| Contributions10/11 | €2k | €2k | €2k | €2k | = |
| Capital10 | €2k | - | - | - | - |
| Issued capital100 | €2k | - | - | - | - |
| Reserves13 | €17k | €17k | €37k | €37k | = |
| Distributable reserves133 | €17k | €17k | €37k | €37k | = |
| Profit (loss) carried forward14 | €-1k | €-410 | - | €43k | - |
| Amounts payable17/49 | €458k | €465k | €448k | €410k | ▼ 8.5% |
| Amounts payable after more than one year17 | €391k | €401k | €387k | €350k | ▼ 9.6% |
| Financial debts170/4 | €391k | €401k | €387k | €350k | ▼ 9.6% |
| Amounts payable within one year42/48 | €67k | €63k | €61k | €60k | ▼ 1.1% |
| Current portion of amounts payable after more than one year42 | €36k | €33k | €42k | €37k | ▼ 10.8% |
| Financial debts43 | €4k | - | - | - | - |
| Credit institutions430/8 | €4k | - | - | - | - |
| Trade debts44 | €4k | €7k | €5k | €8k | ▲ 60.5% |
| Suppliers440/4 | €4k | €7k | €5k | €8k | ▲ 60.5% |
| Taxes, remuneration and social security45 | €15k | €16k | €11k | €12k | ▲ 10.0% |
| Taxes450/3 | €6k | €9k | €6k | €6k | ▲ 4.4% |
| Remuneration and social security454/9 | €8k | €7k | €5k | €6k | ▲ 16.8% |
| Other amounts payable47/48 | €8k | €8k | €3k | €2k | ▼ 15.8% |
| Accrued charges and deferred income492/3 | - | €814 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €1k | €20k | €43k | ▲ 109% |
| + Depreciation and write-downs630 | €20k | €27k | €31k | €32k | ▲ 1.0% |
| Operating cash flow (approximation) | €37k | €28k | €52k | €74k | ▲ 43.7% |
| Investment in fixed assets (approximation) | - | €-47k | €-26k | €-3k | ▲ 88.3% |
| Change in cash | - | €3k | €-904 | €17k | ▲ 1,928% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €43k ▲109%
Operating result €66k, net result €43k, both a record.
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €1k ▼93.6%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Nijlen · 1 establishment unit since 2017
Ground area
582 m²
Building footprint
137 m²
Volume, LiDAR
254 m³
Parcel 12026D0750/00F000, Flanders · tallest building 8.2 m. Linked by address, not a title deed.
1 establishment unit
Mentriks
since 20172.270.177.805
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12026D0750/00F000 | Flanders | 582 m² | 1 · 137 m² | 8.2 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 140 companies in sector 88109 we hold annual accounts for 36. 21 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
88109Social work activities without accommodation
Contact
Website
www.mentriks.be
Scores and ratios are computed by Checked and are not a credit decision.