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 13 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MESD from Manhay, company number BE1001055143, closed financial year 2025 with a result of € 3,001 after tax. For that financial year MESD recorded a gross margin of € 15,592 and equity of € 42,919. Compared with financial year 2024, the result moved from € 36,918 to € 3,001. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ 42,919
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,001
▼ 92% vs 2024
Profit after tax over the fiscal year.
€ 2,227
▼ 14% 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 € 39,919.
People and assets in 2025
€ 494
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 952
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 50,503
▲ 2% vs 2024
€ 19,461 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 33,207
▲ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,219
▲ 118% vs 2024
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 22,735 | € 15,592 | ▼ 31% |
| Profit after taxes | € 36,918 | € 3,001 | ▼ 92% |
| Equity | € 39,918 | € 42,919 | ▲ 8% |
| Total debts | € 262,109 | € 278,865 | ▲ 6% |
| Cash | € 2,602 | € 2,227 | ▼ 14% |
| Land & buildings | € 19,676 | € 34,174 | ▲ 74% |
| Retained profit | € 36,918 | € 39,919 | ▲ 8% |
| Bank debt | € 49,508 | € 50,503 | ▲ 2% |
| Balance sheet total | € 302,027 | € 321,784 | ▲ 7% |
Key figures of MESD, 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 MESD?
What happened at MESD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,001 (▼ 92% vs 2024). filed late Source: NBB ↗
- New establishment in Manhay. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,918 profit in 2024 to € 3,001 profit in 2025.
Paid € 9,082 in corporate taxes since 2024.
Best year ever: 2024, with € 36,918 profit.
Establishments
Establishment units
Physical locations of this company
Villers de Chavan,Vaux-Chavanne 4
6960 Manhay
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1001.055.143
- VAT number
- BE 1001.055.143
- Registered office
- Villers de Chavan,Vaux-Chavanne 4, 6960 Manhay
- Names & denominations
- MESD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 October 2023
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Exploitatie van bossen
Groothandel in hout
Vervaardiging van machines voor de landbouw en de bosbouw
Reparatie en onderhoud van machines
Gites, vakantiewoningen en -appartementen