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BCF Mithril

Active
Private limited companyfounded 20224 yrs activeRésidence du Centre 13, 1435 Mont-Saint-Guibert, BelgiumKBO/BCE: BE 0780.985.305
Summary

BCF Mithril has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45,810 and a net result of €29,510. Equity is growing by ~33.8% per year across the filed fiscal years. Its solvency ranks better than 56% of 1012 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability100=
Solvency64▼-36
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 1.72 against 4.23 in 2024; short-term debt: 47.2% and cash: 61.9% of total assets), but 60.6% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
39.4%
Return on assets
25.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-02-2026, 153 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
153 d early
2024
70 d early
2023
90 d early
2022
96 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 102 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 30 April (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

BCF Mithril was incorporated on 27 January 2022 as a Private limited company.1 Total assets rose from EUR 26,778 in 2022 to EUR 116,394 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€29,510▲ 63.4%
2024 · €18,055
Working capital
€39,597▼ 12.6%
2024 · €45,314
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result€16,834-€19,155▲ 13.8%€22,442▲ 17.2%€35,138▲ 56.6%
Net result€11,547below the sector's middle half-€14,567below the sector's middle half▲ 26.2%€18,055within the sector's middle half▲ 23.9%€29,510within the sector's middle half▲ 63.4%
Equity€14,047below the sector's middle half-€28,614below the sector's middle half▲ 104%€45,810below the sector's middle half▲ 60.1%€45,810below the sector's middle half=
Total assets€26,778below the sector's middle half-€42,626below the sector's middle half▲ 59.2%€59,941below the sector's middle half▲ 40.6%€116,394below the sector's middle half▲ 94.2%
Debt€12,731-€14,012▲ 10.1%€14,131▲ 0.8%€70,584▲ 399%
Working capital€13,474within the sector's middle half-€28,056within the sector's middle half▲ 108%€45,314within the sector's middle half▲ 61.5%€39,597within the sector's middle half▼ 12.6%
Solvency52.5%within the sector's middle half-67.1%above the sector's middle half▲ 14.7pp76.4%above the sector's middle half▲ 9.3pp39.4%within the sector's middle half▼ 37.1pp
Current ratio2.06within the sector's middle half-3.01above the sector's middle half▲ 0.954.23above the sector's middle half▲ 1.221.72within the sector's middle half▼ 2.51
Return on assets (ROA)43.1%above the sector's middle half-34.2%above the sector's middle half▼ 8.9pp30.1%above the sector's middle half▼ 4.1pp25.4%within the sector's middle half▼ 4.8pp
Staff (FTE)0.4below the sector's middle half
above within below the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000€40,000Operating result 2022: €16,834€16,834Net result 2022: €11,547€11,547Operating result 2023: €19,155€19,155Net result 2023: €14,567€14,567Operating result 2024: €22,442€22,442Net result 2024: €18,055€18,055Operating result 2025: €35,138€35,138Net result 2025: €29,510€29,5102022202320242025€0€10,000€20,000€30,000€40,000Operating result 2023: €19,155€19,200Net result 2023: €14,567€14,600Operating result 2024: €22,442€22,400Net result 2024: €18,055€18,100Operating result 2025: €35,138€35,100Net result 2025: €29,510€29,500202320242025
The operating result has risen three years in a row; 2025 is 57% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116,394
Fixed assets €21,810 ▲ 3,535%
Current assets €94,584 ▲ 59.4%
Equity and liabilities €116,394
Equity €45,810 =
Debt €70,584 ▲ 399%
Debt's share of the balance-sheet total rises from 23.6% to 60.6%. Debt is higher.
Key figures and ratios
2025 value · change against 2024
Debt to equity
1.54▲
2024 · 0.31
ROE
64.4%▲
2024 · 39.4%
Debt ≤ 1 year
€54,987▲
2024 · €14,027
Debt > 1 year
€15,427
Income taxes
€7,562▲
2024 · €6,812
Staff costs
€12,833
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€59,941€116,394▲
Fixed assets21/28€600€21,810▲
Financial fixed assets28€600€21,810▲
Current assets29/58€59,341€94,584▲
Amounts receivable within one year40/41€18,862€21,155▲
Trade receivables40€12,268€12,146▼
Other amounts receivable41€6,594€9,009▲
Cash at bank and in hand54/58€39,878€72,082▲
Deferred charges and accrued income490/1€600€1,347▲
Equity and liabilities
Total equity and liabilities10/49€59,941€116,394▲
Equity10/15€45,810€45,810=
Contributions10/11€2,500€2,500=
Reserves13€43,310€43,310=
Distributable reserves133€43,310€43,310=
Amounts payable17/49€14,131€70,584▲
Amounts payable after more than one year17-€15,427
Financial debts170/4-€15,427
Amounts payable within one year42/48€14,027€54,987▲
Current portion of amounts payable after more than one year42-€4,999
Trade debts44€777€1,061▲
Suppliers440/4€777€1,061▲
Taxes, remuneration and social security45€10,314€16,898▲
Taxes450/3€10,058€12,135▲
Remuneration and social security454/9€256€4,762▲
Other amounts payable47/48€2,935€32,030▲
Accrued charges and deferred income492/3€104€169▲
Income statement Code20242025
Remuneration, social security and pensions62-€12,833
Other operating charges640/8€622€641▲
Gross operating margin9900€23,064€48,612▲
Operating profit (loss)9901€22,442€35,138▲
Financial income75/76B€3,315€3,069▼
Recurring financial income75€3,315€3,069▼
Financial charges65/66B€889€1,136▲
Recurring financial charges65€889€1,136▲
Profit (loss) for the period before taxes9903€24,867€37,072▲
Income taxes67/77€6,812€7,562▲
Profit (loss) for the period9904€18,055€29,510▲
Profit (loss) for the period to be appropriated9905€18,055€29,510▲
Appropriation of the result
Profit (loss) to be appropriated9906€18,055€29,510▲
Transfer to equity691/2€17,196-
To other reserves6921€17,196-
Profit to be distributed694/7€859€29,510▲
Return on contributions (dividend)694€859€29,510▲
Social balance
Average headcount (FTE)9087-0.4

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Remuneration, social security and pensions62---€12,833-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,007----
Other operating charges640/8€630€610€622€641▲ 3.0%
Gross operating margin9900€18,471€19,765€23,064€48,612▲ 111%
Operating profit (loss)9901€16,834€19,155€22,442€35,138▲ 56.6%
Financial income75/76B€1€2,000€3,315€3,069▼ 7.4%
Recurring financial income75€1€2,000€3,315€3,069▼ 7.4%
Financial charges65/66B€490€943€889€1,136▲ 27.7%
Recurring financial charges65€490€943€889€1,136▲ 27.7%
Profit (loss) for the period before taxes9903€16,346€20,212€24,867€37,072▲ 49.1%
Income taxes67/77€4,799€5,646€6,812€7,562▲ 11.0%
Profit (loss) for the period9904€11,547€14,567€18,055€29,510▲ 63.4%
Profit (loss) for the period to be appropriated9905€11,547€14,567€18,055€29,510▲ 63.4%
Line2022202320242025Change
Assets
Total assets20/58€26,778€42,626€59,941€116,394▲ 94.2%
Fixed assets21/28€600€600€600€21,810▲ 3,535%
Intangible fixed assets21€0----
Financial fixed assets28€600€600€600€21,810▲ 3,535%
Current assets29/58€26,178€42,026€59,341€94,584▲ 59.4%
Amounts receivable within one year40/41€10,477€12,778€18,862€21,155▲ 12.2%
Trade receivables40€7,477€7,278€12,268€12,146▼ 1.0%
Other amounts receivable41€3,000€5,500€6,594€9,009▲ 36.6%
Cash at bank and in hand54/58€14,522€28,039€39,878€72,082▲ 80.8%
Deferred charges and accrued income490/1€1,179€1,209€600€1,347▲ 124%
Equity and liabilities
Total equity and liabilities10/49€26,778€42,626€59,941€116,394▲ 94.2%
Equity10/15€14,047€28,614€45,810€45,810=
Contributions10/11€2,500€2,500€2,500€2,500=
Reserves13€11,547€26,114€43,310€43,310=
Distributable reserves133€11,547€26,114€43,310€43,310=
Amounts payable17/49€12,731€14,012€14,131€70,584▲ 399%
Amounts payable after more than one year17---€15,427-
Financial debts170/4---€15,427-
Amounts payable within one year42/48€12,704€13,970€14,027€54,987▲ 292%
Current portion of amounts payable after more than one year42---€4,999-
Trade debts44€1,098€508€777€1,061▲ 36.5%
Suppliers440/4€1,098€508€777€1,061▲ 36.5%
Taxes, remuneration and social security45€10,851€12,414€10,314€16,898▲ 63.8%
Taxes450/3€8,957€10,401€10,058€12,135▲ 20.6%
Remuneration and social security454/9€1,893€2,013€256€4,762▲ 1,763%
Other amounts payable47/48€755€1,048€2,935€32,030▲ 991%
Accrued charges and deferred income492/3€27€42€104€169▲ 62.4%
Line2022202320242025Change
Profit (loss) for the period9904€11,547€14,567€18,055€29,510▲ 63.4%
+ Depreciation and write-downs630€1,007----
Operating cash flow (approximation)€12,554€14,567€18,055€29,510▲ 63.4%
Investment in fixed assets (approximation)-€0€0-€21,210-
Change in cash-€13,516€11,839€32,204▲ 172%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-02
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Highest result since 2022net €29,510 ▲63.4%
Operating result €35,138, net result €29,510, both a record.
22-05
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
02-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
26-04
NBB filing Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mont-Saint-Guibert · 2 establishment units since 2022
seat establishment All 2 establishment units on the map
Ground area
3,774 m²
Building footprint
285 m²
Volume, LiDAR
1,803 m³
3 parcels, Wallonia · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
BCF Mithril
Chaussée de Louvain 431, 1380 LasneLegal and accounting activities
since 20222.327.001.096
BCF Mithril
Rue Coussin Ruelle 5, 1490 Court-Saint-EtienneLegal and accounting activities
since 20222.331.479.330
3 parcels
Wallonia 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25076F0006/00S005 Wallonia 3,200 m² 1 · 156 m² 12.8 m · 2 fl.
25023H0445/00K002 Wallonia 314 m² 1 · 77 m² 11.1 m · 3 fl.
25068B0293/00B003 Wallonia 259 m² 1 · 52 m² 8.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of BCF Mithril and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 12,174 companies in sector 69201 we hold annual accounts for 7,641. 5,817 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded27-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID 0208:0780985305
Also 9925:BE0780985305
Registered 15-02-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.