Skip to content

D.S.B. MIHALI

Active
Private limited companyfounded 2011active for 15 yearsVerheydenstraat 19, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0832.722.630

From the official registers: KBO 15 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of D.S.B. MIHALI is 1.9% (moderate). The 2025 annual accounts show equity of €167,167 and a net result of €21,740. Equity has been growing by about 10% per year since 2018. Its solvency ranks better than 27% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 12-01-2011 Normal situation
Activity
General electrical installation work NACE 43211and 1 other
Establishment unit
2.196.067.528 1070 Anderlecht, since 12-01-2011
Financial year end
31 December
Peppol
Reachable since 12-03-2026

Board and ownership

Board

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.9%
Annual accounts 2025
Gross margin
€68,861
▼ 12.0%
Turnover
≈ €250,000
estimated
Profit
€21,740
▲ 17×
Equity
€167,167
▲ 14.9%
Total assets
€654,856
▼ 11.1%
Filed on 09-09-2026, 40 days after the deadlineat the National Bank
Score breakdownraises riskLiquidity: current ratio 0.41, cash €10, halvedLast filed accounts filed 40 days late; 2 of the last 3 accounts lateSector: Specialised construction activities (NACE 43)lowers riskFounded in 2011Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 39% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 51+6
equity 25.5% of total assets
Liquidity 50+5
short-term debt 9.5% · cash 0.0%
Profitability 53+16
return on assets 3.3%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.7%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 0.9%▲ +0.2 percentage points vs 06-2025 08-2025: 1.5%▲ +0.6 percentage points vs 07-2025 09-2025: 1.8%▲ +0.3 percentage points vs 08-2025 10-2025: 2.7%▲ +0.9 percentage points vs 09-2025 11-2025: 2.4%▼ -0.3 percentage points vs 10-2025 12-2025: 2.4%● unchanged vs 11-2025 01-2026: 2.4%● unchanged vs 12-2025 02-2026: 2.4%● unchanged vs 01-2026 03-2026: 2.4%● unchanged vs 02-2026 04-2026: 2.4%● unchanged vs 03-2026 05-2026: 2.2%▼ -0.2 percentage points vs 04-2026 06-2026: 2.1%▼ -0.1 percentage points vs 05-2026 07-2026: 2.0%▼ -0.1 percentage points vs 06-2026 08-2026: 3.0%▲ +1.0 percentage point vs 07-2026 09-2026: 3.1%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 1.9%▼ -1.2 percentage points vs 09-2026
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.41 (0.67 in 2024), below 1. Short-term debt is 9.5% and cash 0% of total assets. 74.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 27% of them on solvency, 43% on liquidity, 25% on profitability and 62% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 0.41, cash €10, halved
NBB · annual accounts
raises risk · Last filed accounts filed 40 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 2011
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 2025 accounts filed 40 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
40 days late
2024
61 days late
2023
22 days late
2022
25 days late
2021
18 days late
2020
1 day early
2019
20 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 26 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 8 profitable years in a rowprofit 2025: €21,740 8 years View
  • Positive: More equity than 80% of companies in specialised constructionsector median €57,811 · 34,914 companies €167,167 View

Comparable companies

These companies have the same main activity as D.S.B. MIHALI: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €587,000 and €688,000, founded between 2010 and 2012.

CompanyTotal assetsGross margin
D.S.B. MIHALI Sint-Jans-Molenbeek€654,856€68,861
DEVILLE PHILIPPE SANITAIR EN ELECTRICITEITSWERKEN Halle€637,560€68,394
HOOKED Assenede€600,454€65,618
DE LOOSE THOMAS Dendermonde€586,518€72,676
Electricité Générale ORBAN J. Rendeux€590,909€76,853
DB Infra Waregem€687,513€78,754
Schuermans Technische Service Hasselt€615,899€80,345
Full comparison

Documents

Annual accounts at the NBB

All 15 annual accounts

Articles and registers

Key facts about D.S.B. MIHALI

What is the company number of D.S.B. MIHALI?
The company number of D.S.B. MIHALI is 0832.722.630. The VAT number is the same number with BE in front: BE 0832.722.630.
Where is D.S.B. MIHALI based?
The registered office is at Verheydenstraat 19, 1080 Sint-Jans-Molenbeek.Company details
What does D.S.B. MIHALI do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of D.S.B. MIHALI?
The legal form of D.S.B. MIHALI is Private limited company (BV).
When was D.S.B. MIHALI founded?
D.S.B. MIHALI was founded on 12-01-2011.
Is D.S.B. MIHALI still active?
Yes, D.S.B. MIHALI is an active enterprise in the KBO register.
What is the turnover of D.S.B. MIHALI?
The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €68,861 and 42 comparable companies (NACE 43211). It probably lies between €170,000 and €410,000.Financials
Is D.S.B. MIHALI profitable?
In financial year 2025, D.S.B. MIHALI made a profit of €21,740.
Where can I find the annual accounts of D.S.B. MIHALI?
D.S.B. MIHALI filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of D.S.B. MIHALI due?
D.S.B. MIHALI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.