Financials
Financial year 2025
MENAPY from Lede, company number BE0677914291, closed financial year 2025 with a result of € 1.1 million after tax. For that financial year MENAPY recorded a gross margin of € 199,633 and equity of € 4.7 million. Compared with financial year 2024, the result moved from € -209,310 to € 1.1 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 14, 2026.
€ 4.7 million
▲ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.1 million
▲ still € 209,310 loss in 2024
Profit after tax over the fiscal year.
€ 970,409
▲ 82% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -12,995.
People and assets in 2025
€ 48
▼ 89% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.9 million
▼ 58% vs 2024
€ 501,965 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 70,169
▼ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,133
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 | € -366,198 | € -104,637 | € -303,781 | € 199,633 | ▲ € 503,414 |
| Profit after taxes | € -127,175 | € -424,295 | € -209,310 | € 1,122,332 | ▲ € 1.3 million |
| Equity | € 4,231,534 | € 3,807,239 | € 3,597,929 | € 4,720,260 | ▲ 31% |
| Total debts | € 5,956,192 | € 7,491,901 | € 7,959,906 | € 2,968,552 | ▼ 63% |
| Cash | € 160,264 | € 556,259 | € 533,825 | € 970,409 | ▲ 82% |
| Retained profit | € -501,721 | € -926,016 | € -1,135,326 | € -12,995 | ▲ € 1.1 million |
| Bank debt | € 5,849,247 | € 7,376,524 | € 6,864,535 | € 2,883,697 | ▼ 58% |
| Balance sheet total | € 10,187,726 | € 11,299,140 | € 11,557,835 | € 7,688,812 | ▼ 33% |
Key figures of MENAPY, 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 MENAPY?
What happened at MENAPY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1.1 million. Source: NBB ↗
- RMM Services BV became a director. NBB
- New establishment in Lede. KBO
- HOLDEN BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 127,175 loss in 2022 to € 1.1 million profit in 2025.
Paid € 418 in corporate taxes since 2022.
Best year ever: 2025, with € 1.1 million profit.
Management
The stake of Société forestière et immobilière Soforim, HOLDEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MENAPYBehind MENAPY are RMM Services BV and HOLDEN BV. The shares are held by Société forestière et immobilière Soforim (89.8%) and HOLDEN (10.2%). It owns 100% of MENAPY ITALIA SRL, 100% of MENAPY PENINSULA SL, 90% of MENAPY FRANCE SAS and 10% of SOLVLA itself.
Directors
According to the 2025 annual accounts
Director · represented by Stefan MARIEN
Also active at: ARGON, BIOVEST, Bio-Incubator Gent 2, BIOSCAPE B, BIOSCAPE C, BIOSCAPE A, The Real Factory, OBELISC +6 more
since 2020
Managing director · represented by Tom POLLYN
since 2017
Shareholders
10.2%
Participations
Establishments
Establishment units
Physical locations of this company
Stationsstraat 3
9340 Lede
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
SQUARESPACE - Squarespace, Inc., US
Domain
Domain
menapy.com
Registered
2015-10-20
Registrar
Key-Systems GmbH
Expires
2026-10-20
Website info
Features
Security
Network
Details
- Company number
- 0677.914.291
- VAT number
- BE 0677.914.291
- Registered office
- Stationsstraat 3, 9340 Lede
- Names & denominations
- MENAPY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 2017
- Peppol
- Active · Active since 24 Nov 2023
- Contact
- menapy.com [email protected] +32477062247
- Activities · NACE
Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg
Overige gespecialiseerde wetenschappelijke en technische activiteiten
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige zakelijke dienstverlening, neg
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Holdings