Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MENQ from Braine-le-Château, company number BE0433228427, closed financial year 2025 with a result of € 21,458 after tax. For that financial year MENQ recorded a gross margin of € -5,090 and equity of € 816,237. Compared with financial year 2024, the result moved from € 258,999 to € 21,458. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 816,237
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 21,458
▼ 92% vs 2024
Profit after tax over the fiscal year.
€ 9,526
▼ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 200,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 150
▼ € 35,510 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -18,838 | € -15,331 | € 331,515 | € -5,090 | ▼ € 336,605 |
| Profit after taxes | € 13,124 | € 5,785 | € 258,999 | € 21,458 | ▼ 92% |
| Equity | € 1,179,995 | € 985,780 | € 994,779 | € 816,237 | ▼ 18% |
| Total debts | € 100,378 | € 201,544 | € 286,038 | € 200,150 | ▼ 30% |
| Cash | € 48,460 | € 22,840 | € 153,917 | € 9,526 | ▼ 94% |
| Land & buildings | € 53,795 | € 46,825 | - | - | |
| Retained profit | € 938,954 | € 744,739 | € 753,738 | € 575,196 | ▼ 24% |
| Dividend | € 100,000 | € 200,000 | € 250,000 | € 200,000 | ▼ 20% |
| Balance sheet total | € 1,280,373 | € 1,187,324 | € 1,280,817 | € 1,016,387 | ▼ 21% |
Key figures of MENQ, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MENQ?
What happened at MENQ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Anne VERHEUGEN stepped down as director. NBB
- Quentin VERHEUGEN stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 21,458 (▼ 92% vs 2024). Source: NBB ↗
- Anne VERHEUGEN became a director. NBB
- Quentin VERHEUGEN became a director. NBB
- New establishment in Morlanwelz. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,124 profit in 2022 to € 21,458 profit in 2025.
Paid € 117,218 in corporate taxes since 2022.
Best year ever: 2024, with € 258,999 profit.
Paid out € 750,000 in dividends to the owners in total.
Management
Directors
According to the 2025 annual accounts
Anne VERHEUGEN
Managing director
since 2023 · until 2029
Quentin VERHEUGEN
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Chaussée d'Ophain(W-B) 88
1440 Braine-le-Château
Rue du Trichon(CAR) 97
7141 Morlanwelz
Active since 18 February 1988
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0433.228.427
- VAT number
- BE 0433.228.427
- Registered office
- Chaussée d'Ophain(W-B) 88, 1440 Braine-le-Château
- Names & denominations
- MENQ
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 January 1988
- Peppol
- Active · Active since 23 Dec 2025