Checked.be
Active
BE 0479.533.752Private limited company
MESA VERDE
Lange Wegel 120 ·9230 Wetteren, Belgium· 23 yrs active
Sector: Other business support services
(82990)
Conclusion
MESA VERDE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €856k and a net result of €653. Equity is shrinking by ~7% per year across the filed fiscal years. Its solvency ranks better than 26% of 2277 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €856k |
| Net result | €653 |
| Better than sector | 26% |
| Active | 23 yrs |
Financial profile
37
/ 100
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
Health
41
Profitability
0
Solvency
13
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2003, 23 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
41
/ 100
Weak
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€35k
estimate, not credit advice
Score history
36
2021
36
2022
20
2023
41
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.08 (< 1.0)
-10
Quick ratio
Quick ratio 0.08 (< 0.6)
-5
Leverage
Debt/equity 4.24 (> 3.0)
-10
Profitability
ROE 0%
+3
Interest coverage
Interest coverage 4.4× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 31-08-2025 with the NBB · fiscal year 2024 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~7%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 82, Office administrative, office support and other business support activities · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 19.1% | 44.7% | |
| Net result | €653 | €34k | |
| Equity | €856k | €341k | |
| Gross operating margin | €249k | €118k | |
| Total assets | €4.49M | €1.01M |
€238k
+14.5%
21-24
€653
-
21-24
€180k
+12.9%
21-24
€4.49M
-3.7%
21-24
€856k
-10.4%
21-24
€-3.34M
+3.7%
21-24
€15k
+40.8%
21-24
€100k
+33.3%
21-24
€3.63M
-1.9%
21-24
€3.63M
-1.9%
21-24
0.08
+27.7%
21-24
0.08
+27.7%
21-24
19.1%
-7.0%
21-24
4.24
+9.4%
21-24
0.1%
-
21-24
0.0%
-
21-24
4.43
+11.3%
21-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - |
| EBITDA | €238k | €207k | €214k | €190k |
| Net profit | €653 | €-11k | €29k | €41k |
| Cash flow | €180k | €159k | €160k | €134k |
| Staff costs | - | - | - | - |
| Income taxes | €15k | €10k | €24k | €28k |
| Dividends | €100k | €75k | - | €73k |
| Total assets | €4.49M | €4.66M | €4.41M | €4.09M |
| Equity | €856k | €955k | €1.04M | €1.01M |
| Debt | €3.63M | €3.70M | €3.37M | €3.08M |
| of which ≤ 1y | €3.63M | €3.70M | €3.37M | €3.08M |
| of which > 1y | - | - | - | - |
| Working capital | €-3.34M | €-3.47M | €-3.05M | €-2.56M |
| Employees (FTE) | - | - | - | - |
Ratios (computed)
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 0.08 | 0.06 | 0.09 | 0.17 |
| Quick ratio | 0.08 | 0.06 | 0.09 | 0.17 |
| Working capital ratio | -74.5% | -74.6% | -69.3% | -62.5% |
| Solvency | 19.1% | 20.5% | 23.6% | 24.7% |
| Debt / equity | 4.24 | 3.88 | 3.24 | 3.05 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | 4.43 | 3.98 | 4.39 | 5.62 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 0.0% | -0.2% | 0.7% | 1.0% |
| ROE | 0.1% | -1.1% | 2.8% | 4.1% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2024
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €4.49M | €4.66M | €4.41M | €4.09M |
| Fixed assets | 21/28 | €4.20M | €4.43M | €4.10M | €3.57M |
| Tangible fixed assets | 22/27 | €3.71M | €3.87M | €3.73M | €3.18M |
| Financial fixed assets | 28 | €491k | €555k | €366k | €391k |
| Current assets | 29/58 | €287k | €229k | €313k | €524k |
| Amounts receivable within one year | 40/41 | €246k | €205k | €270k | €241k |
| Cash & bank | 54/58 | €41k | €24k | €44k | €255k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.49M | €4.66M | €4.41M | €4.09M |
| Equity | 10/15 | €856k | €955k | €1.04M | €1.01M |
| Contributions / capital | 10/11 | €30k | €30k | €30k | €30k |
| Reserves | 13 | €5k | €5k | €5k | €5k |
| Accumulated profits (losses) | 14 | €821k | €921k | €1.01M | €977k |
| Amounts payable | 17/49 | €3.63M | €3.70M | €3.37M | €3.08M |
| Amounts payable within one year | 42/48 | €3.63M | €3.70M | €3.37M | €3.08M |
| Trade debts payable within one year | 44 | €12k | €9k | €14k | €53k |
| Income statement | |||||
| Gross operating margin | 9900 | €249k | €218k | €223k | €199k |
| Operating result | 9901 | €58k | €37k | €83k | €97k |
| Financial income | 75 | €11k | €14k | €19k | €6k |
| Financial charges | 65 | €54k | €52k | €49k | €34k |
| Result before taxes | 9903 | €15k | €-180 | €53k | €69k |
| Income taxes | 67/77 | €15k | €10k | €24k | €28k |
| Net result for the period | 9904 | €653 | €-11k | €29k | €41k |
| Result to be appropriated | 9905 | €653 | €-11k | €29k | €41k |
Legal Structure
| NACE primary | Other business support services(82990) |
| Legal form | Private limited company(610) |
| Incorporation | 13-02-2003 |
| Status | Active |
| Postal code | 9230 |
Establishment units
MESA VERDE
since 20032.228.393.965
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42302D0602/00E000 | Flanders | 2,654 m² | 1 · 312 m² | 7.6 m · 2 fl. |
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.
Updates
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 31 days late
2024
31-12
Financial
Back to profitnet €653
Net result €653 after one loss-making year.
22-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 53 days late
2023
31-12
Financial
Weakest financial yearnet €-11k ▼136%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
02-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 33 days late
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
02-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 33 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Other business support services82990Holdings64200Activities of holding companies64210Buying and selling of own real estate68110Organisation of conventions and trade shows82300
Names & trade names
| Legal nameNL | MESA VERDE |
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