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 2 of the last 2 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 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Menotex from Menen, company number BE0797533901, closed financial year 2025 with a result of € -70,320 after tax. For that financial year Menotex recorded a gross margin of € -6,077 and equity of € -139,015. Compared with financial year 2024, the result moved from € -168,695 to € -70,320. 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 July 1, 2026.
€ -139,015
▼ € 70,320 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -70,320
▲ 58 % less loss than in 2024
Profit after tax over the fiscal year.
€ 25,861
▲ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -239,015.
Debts at end 2025
€ 2.8 million
Loans from banks and other lenders, long and short.
€ 43,962
▲ € 41,404 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 24,281
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 98,860 | € -6,077 | ▼ € 104,937 |
| Profit after taxes | € -168,695 | € -70,320 | ▲ € 98,375 |
| Equity | € -68,695 | € -139,015 | ▼ € 70,320 |
| Total debts | € 3,277,827 | € 3,415,646 | ▲ 4% |
| Cash | € 24,585 | € 25,861 | ▲ 5% |
| Land & buildings | € 3,091,189 | € 3,091,189 | |
| Retained profit | € -168,695 | € -239,015 | ▼ € 70,320 |
| Bank debt | € 2,840,000 | € 2,840,000 | |
| Balance sheet total | € 3,209,131 | € 3,276,631 | ▲ 2% |
Key figures of Menotex, fiscal years 2024 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 Menotex?
What happened at Menotex in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 70,320. Source: NBB ↗
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
In short
From € 168,695 loss in 2024 to € 70,320 loss in 2025.
Management
Behind Menotex are Elise Dewinter, Gregory Minne and Robbert Desmet. Elise Dewinter is also behind Delise Cosmetics, Solomon, NOLENS, De Hostellerie and Phihold. Gregory Minne is also behind HIGHWAY REAL ESTATE, Unicus, HIGHWAY MOTORS, Woodstoxx Invest and CeCo Investments. Robbert Desmet is also behind HIGHWAY REAL ESTATE, Unicus, BELGIQA UNITED, CMI and SPECTER.
Directors
According to the 2025 annual accounts
Elise Dewinter
Director
Also active at: Delise Cosmetics, Solomon, NOLENS, De Hostellerie, Phihold, EUROBEACH, Olympia
Gregory Minne
Director
Also active at: HIGHWAY REAL ESTATE, Unicus, HIGHWAY MOTORS, Woodstoxx Invest, CeCo Investments, WOODSTOXX, Mincom
Robbert Desmet
Director
Also active at: HIGHWAY REAL ESTATE, Unicus, BELGIQA UNITED, CMI, SPECTER, HIGHWAY MOTORS, Belgiqa Sales, THE HUB GROUP +6 more
Establishments
Establishment units
Physical locations of this company
Hogeweg 245
8930 Menen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →HIGHWAY REAL ESTATE same network
€ 423,172 revenue · 2024
Unicus same network
€ 698,054 gross margin · 2025
WXX
BELGIQA UNITED same network
€ 16 million revenue · 2025
HIGHWAY MOTORS same network
€ 19,652 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0797.533.901
- VAT number
- BE 0797.533.901
- Registered office
- Hogeweg 245, 8930 Menen
- Names & denominations
- Menotex
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 January 2023
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
Handel in eigen onroerend goed
Handelsbemiddeling in de groothandel in andere specifieke goederen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Verhuur en exploitatie van terreinen
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)
+1