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Complete company report
Generated 17-08-2026
Active BE 0654.764.054Private limited company (pre-2019)Open bankruptcy

MESEL

Morisstraat 8 ·1060 Sint-Gillis (bij-Brussel), Belgium· 10 yrs active
Sector: Personenvervoer over de weg zonder dienstregeling (49320)
Conclusion Checked

A bankruptcy procedure is open for MESEL according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €71k and a net result of €-6k.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €71k
Net result €-6k
Better than sector 80%
Active 10 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health0Profitability0Solvency100Growth35Stability0
27 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 0
Solvency 100
Growth 35
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags0 events
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.
Health barometer FY 2023 · computed
0 / 100 Critical
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview8 NBB filings
Annual accounts filed on 09-09-2024 with the NBB · fiscal year 2023 · volledig
€-100k€0€100k€200k€300kRevenue 2019: €331k€331kOperating result 2019: €17k€17kNet result 2019: €26k€26kRevenue 2020: €268k€268kOperating result 2020: €42k€42kNet result 2020: €52k€52kRevenue 2021: €212k€212kOperating result 2021: €57k€57kNet result 2021: €55k€55kRevenue 2022: €84k€84kOperating result 2022: €-34k€-34kNet result 2022: €-49k€-49kRevenue 2023: €34k€34kOperating result 2023: €-5k€-5kNet result 2023: €-6k€-6k20192020202120222023
RevenueOperating resultNet result
Sector comparison
Fiscal year 2023 · NACE 49, Land transport · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 67.8% 32.0%
better than 80% of 161 sector peers
Net result €-6k €15k
better than 21% of 160 sector peers
Equity €71k €90k
better than 47% of 161 sector peers
Gross operating margin €1k €81k
better than 14% of 123 sector peers
Total assets €105k €530k
better than 31% of 161 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€34k
-59.5% 18-23
EBITDA
€-1k
+91.4% 18-23
Net profit
€-6k
+87.9% 18-23
Cash flow
€-2k
+93.9% 18-23
Total assets
€105k
-24.8% 18-23
Equity
€71k
-7.7% 18-23
Working capital
€71k
+3.6% 18-23
Staff costs
€2k
-91.8% 18-23
Show 13 other metrics
Income taxes
€14k
+4.9% 18-23
Debt
€34k
-46.0% 18-23
Debt ≤ 1y
€34k
-46.0% 18-23
Debt > 1y
€7k
-65.8% 18-23
Current ratio
3.09
+47.8% 18-23
Quick ratio
3.09
+47.8% 18-23
Solvency
67.8%
+22.8% 18-23
Debt / equity
0.47
-41.5% 18-23
ROE
-8.3%
+86.9% 18-23
ROA
-5.6%
+83.9% 18-23
Net margin
-17.4%
+70.2% 18-23
EBITDA margin
-4.4%
+78.7% 18-23
Interest coverage
-3.03
+84.3% 18-23
Figures by fiscal year
Fiscal year2023
Depositvolledig
Revenue€34k
EBITDA€-1k
Net profit€-6k
Cash flow€-2k
Staff costs-
Income taxes-
Dividends-
Total assets€105k
Equity€71k
Debt€34k
of which ≤ 1y€34k
of which > 1y-
Working capital€71k
Employees (FTE)-
Ratios (computed)
2023
Current ratio3.09
Quick ratio3.09
Working capital ratio67.4%
Solvency67.8%
Debt / equity0.47
Long-term debt ratio-
Interest coverage-3.03
Gross margin-19.0%
Net margin-17.4%
ROA-5.6%
ROE-8.3%
EBITDA margin-4.4%
Days sales outstanding18d
Days payable outstanding304d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€105k
Fixed assets 21/28€449
Tangible fixed assets 22/27€449
Current assets 29/58€104k
Amounts receivable within one year 40/41€102k
Cash & bank 54/58€207
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€105k
Equity 10/15€71k
Contributions / capital 10/11€19k
Accumulated profits (losses) 14€53k
Amounts payable 17/49€34k
Amounts payable within one year 42/48€34k
Trade debts payable within one year 44€34k
Income statement
Turnover 70€34k
Gross operating margin 9900€1k
Operating result 9901€-5k
Financial charges 65€494
Result before taxes 9903€-6k
Net result for the period 9904€-6k
Result to be appropriated 9905€-6k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 3 directors
Current directors & mandates
  • Dimitrov VASKO
    Director
    State Gazette act 25093547 (23-07-2025)
    Current
    15-07-2025 → present
Former directors (2)
  • Eyal LEVY
    Director
    State Gazette act 25012715 (24-01-2025)
    Former
    01-01-2025 → 15-07-2025
    2 events
    • 15-07-2025 Resigned· Director
    • 01-01-2025 Appointed· Director
  • Sylwia Orzel
    Director
    State Gazette act 25012715 (24-01-2025)
    Former
    - → 31-12-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates1 person
Role Name Tenure Source
Curator JEFFRY CAMBY
AVENUE ROGER VANDEN- DRIESSCHE 18, 1150 WOLUWE-SAINT-PIERRE
 13-02-2026 → present Belgian State Gazette
Legal Structure
NACE primary Personenvervoer over de weg zonder dienstregeling(49320)
Legal form Private limited company (pre-2019)(015)
Incorporation17-05-2016
StatusActive
Postal code1060
First BS signal 19-02-2026
Latest BS signal 19-02-2026
Establishment units 4 locations
MESEL
Personenvervoer over de weg zonder dienstregeling
since 20162.253.487.766
Jan De Keersmaeckerstraat 251, 1731 Asse
Personenvervoer over de weg zonder dienstregeling
since 20172.265.881.495
Mesel
Waterloose Steenweg 200, 1640 Sint-Genesius-RodePersonenvervoer over de weg volgens dienstregeling
since 20172.315.374.063
MESEL
Leuvensesteenweg 337, 1030 SchaarbeekPersonenvervoer over de weg volgens dienstregeling
since 20172.309.597.714
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 3 (60%) Brussels 2 (40%)
Parcel (capakey) Region Area Buildings Height / fl.
22552E0048/00Z025 Flanders 7,308 m² 1 · 1,453 m² 23.0 m · 4 fl.
22005A0560/00P000 Flanders 1,127 m² 1 · 315 m² 9.7 m · 2 fl.
21906D0061/00C002 Brussels 146 m² 1 · 98 m² 14.7 m · 4 fl.
23095A0048/00P000 Flanders 71 m² 1 · 71 m² 11.8 m · 3 fl.
21013B0360/00X003 Brussels 41 m² 1 · 47 m² 18.2 m · 5 fl.
Methodology
via registered seat: 1 · via establishment units: 4
5 of 5 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
19-02-2026
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · SPRL MESEL RUE MORIS 8/1ET, 1060 SAINT-GILLES · event 13-02-2026
2025
23-07-2025
State Gazette act Director changes
24-01-2025
State Gazette act Director changes
2024
09-09-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
2023
04-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
12-06-2023
State Gazette act Capital & shares
2022
04-09-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
2021
30-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
31-08-2020
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2019
10-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
23-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
26-07-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
Lifecycle & Insolvency Signals1 events
19-02-2026
Bankruptcy Opening
Date: 13-02-2026 · Tribunal de l’entreprise francophone de Bruxelles · SPRL MESEL RUE MORIS 8/1ET, 1060 SAINT-GILLES · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262026-02-19 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 13 acts read

We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 3 acts
Capital history · 1
12-06-2023
Capital change
All acts · 3 updated 1 year ago
2025
23-07-2025 1 director appointed, 1 resigning Director changes
  • Dimitrov VASKO, Bestuurder
  • Eyal LEVY, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "Eyal LEVY",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2025-07-15",
      "evidence_quote": "L\u0027assembl\u00E9e accepte la d\u00E9mission de Monsieur Eyal LEVY de ses fonctions d\u0027administrateur \u00E0 partir de ce jour, lui donne d\u00E9charge pour la p\u00E9riode \u00E9coul\u00E9",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "Dimitrov VASKO",
        "address": null,
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        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2025-07-15",
      "evidence_quote": "lui donne d\u00E9charge pour la p\u00E9riode \u00E9coul\u00E9 et nomme Monsieur Dimitrov VASKO comme administrateur \u00E0 partir de ce jour",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "board_snapshot",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "Dimitrov Vasko",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Le nouvel actionnariat se pr\u00E9sente comme tel: Monsiure Dimitrov Vasko 1860 parts sociales",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "sole_shareholder_declaration",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "Dimitrov VASKO",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "Monsieur Dimitrov VASKO d\u00E9clare avoir re\u00E7u la comptabilt\u00E9 et avoir \u00E9t\u00E9 mis au courant des dossiers en cours de la soci\u00E9t\u00E9 aupres de l\u0027ONSS et amendes divers.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": null,
    "filing_date": null,
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2025-07-15",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0654.764.054",
    "name_full": "MESEL",
    "legal_form": "S.P.R.L"
  },
  "publication_proxy": {
    "kind": null,
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
24-01-2025 1 director appointed, 1 resigning Director changes
  • Eyal LEVY, Bestuurder
  • Sylwia Orzel, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "Sylwia Orzel",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": "de_plein_droit_dissolution",
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2024-12-31",
      "evidence_quote": "L\u0027assembl\u00E9e accepte la d\u00E9mission de Madame Sylwia Orzel d\u00E9mission de ses fonctions d\u0027administrateur \u00E0 partir du 31 d\u00E9cembre 2024, lui donne d\u00E9charge pour la p\u00E9riode \u00E9coul\u00E9",
      "decharge_status": "granted",
      "mandate_duration": {
        "kind": "until_date",
        "value": "2024-12-31"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
      "role": "administrateur",
      "person": {
        "rrn": null,
        "name": "Eyal LEVY",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2025-01-01",
      "evidence_quote": "lui donne d\u00E9charge pour la p\u00E9riode \u00E9coul\u00E9 et nomme Monsieur Eyal LEVY comme administrateur \u00E0 partir de 1er janvier 2025",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_date",
        "value": "2025-01-01"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": "2025-01-24",
    "filing_date": "2025-01-17",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2024-12-15",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0654.764.054",
    "name_full": "MESEL",
    "legal_form": "S.P.R.L"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Sylwia ORZEL",
    "org_rep_person_name": null,
    "person_role_at_subject": "Administrateur"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
2023
12-06-2023 Transaction in capital or shares Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Jean Pierre NYIRINKWAYA",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 10,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Aziz AFALIAL MEROUNE",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 10,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "share_transfer",
      "after_eur": null,
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      "subscribers": [
        {
          "kbo": null,
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          "kind": "person",
          "name": "Sylwia ORZEL",
          "share_class": null,
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        },
        {
          "kbo": null,
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          "kind": "person",
          "name": "Sylwia ORZEL",
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          "liberation_pct": null,
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          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": "2023-06-12",
    "filing_date": "2023-06-02",
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": "2023-01-31",
    "unanimous": true,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2023-01-31"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0654.764.054",
    "name_full": "MESEL",
    "legal_form": "SPRL",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Sylwia ORZEL",
      "role": "g\u00E9rant_statutaire",
      "n_shares": 930,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Eyal LEVY",
      "role": "aandeelhouder",
      "n_shares": 930,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Personenvervoer over de weg zonder dienstregeling49320Overig personenvervoer te land, n.e.g.49390
Primary activity highlighted.
Names & trade names
Legal nameNL MESEL
Registered office
Morisstraat 8 bus 1ét
1060 Sint-Gillis (bij-Brussel), Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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LIFTA JERUSALEM BE 0765.989.006 · Vilvoorde
M-G SERVICES BE 0690.966.731 · Anderlecht
Vb Driver Service BE 0803.576.110 · Bekkevoort
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative