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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MENDES EUROPE from Wevelgem, company number BE0449850465, closed financial year 2025 with a result of € -8,417 after tax. For that financial year MENDES EUROPE recorded a gross margin of € -5,378 and equity of € -7,652. Compared with financial year 2024, the result moved from € -7,230 to € -8,417. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ -7,652
▼ € 8,417 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,417
▼ 16 % more loss than in 2024
Profit after tax over the fiscal year.
€ 782
▼ 76% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -63,056.
People and assets in 2025
€ 2,768
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 9,243
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,964
▲ 12% 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 | € 9,084 | € 129 | € -3,026 | € -5,378 | ▼ € 2,352 |
| Profit after taxes | € 4,655 | € -3,105 | € -7,230 | € -8,417 | ▼ € 1,187 |
| Equity | € 11,100 | € 7,996 | € 765 | € -7,652 | ▼ € 8,417 |
| Total debts | € 35,698 | € 49,131 | € 24,057 | € 17,998 | ▼ 25% |
| Cash | € 4,948 | € 5,501 | € 3,311 | € 782 | ▼ 76% |
| Retained profit | € -44,304 | € -47,409 | € -54,639 | € -63,056 | ▼ € 8,417 |
| Balance sheet total | € 46,799 | € 57,127 | € 24,822 | € 10,347 | ▼ 58% |
Key figures of MENDES EUROPE, 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 MENDES EUROPE?
What happened at MENDES EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,417. filed late Source: NBB ↗
- LANDER VANRAES became a director. NBB
- PIETER VANRAES became a director. NBB
- PHILIPPE VANRAES became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,655 profit in 2022 to € 8,417 loss in 2025.
Paid € 3,183 in corporate taxes since 2022.
Best year ever: 2022, with € 4,655 profit.
Management
Behind MENDES EUROPE are LANDER VANRAES, PIETER VANRAES and PHILIPPE VANRAES. The same people are also behind BOWLRENT.
Establishments
Establishment units
Physical locations of this company
Hoogstraat 61
8560 Wevelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.850.465
- VAT number
- BE 0449.850.465
- Registered office
- Hoogstraat 61, 8560 Wevelgem
- Names & denominations
- MENDES EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 April 1993
- Peppol
- Active · Active since 5 Oct 2025
- Contact
- [email protected]
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