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Mika & Bain

Active
Private limited companyfounded 2014active for 12 yearsHeidestraat 43, 3945 Ham, BelgiumKBO/BCE: BE 0563.827.148
Summary

The annual accounts of Mika & Bain for financial year 2025 show a net loss of 52% of the equity at the start of that year. The 2025 annual accounts show equity of €96,220 and a net result of -€103,457. Equity has been growing by about 32% per year since 2018. Its solvency ranks better than 11% of 39,275 sector peers (NACE 70, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 09-10-2014 Normal situation
Activity
Business and other management consultancy NACE 70200and 2 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.236.291.844 3945 Ham, since 09-10-2014
Financial year end
31 December
Peppol
Reachable since 24-11-2023

Board and ownership

Board

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€307,252
▲ 142%
Turnover
≈ €440,000
estimated
Loss
€103,457
Equity
€96,220
▼ 51.8%
Total assets
€2.7m
▲ 118%
Employees on 31-12-2025
1
=
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLiquidity: current ratio 0.15, cash €2,682Equity €96,220 (3.6% of total assets)lowers riskSize: total assets €2.7mFigures for financial year 2025 (filed on 30-06-2026)Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 13% of small companies in head offices and management consultancy (NACE 70)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 29-12
equity 3.6% of total assets
Liquidity 31+26
short-term debt 41.3% · cash 0.1%
Profitability 39-31
return on assets -3.9%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (4,516 companies, NACE 70, small)
Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.3 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.3%▼ -0.1 percentage points vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.4%▲ +0.1 percentage points vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026highest value 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.2 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €5,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.15 (0.47 in 2024), below 1. Short-term debt is 41.3% and cash 0.1% of total assets. 96.4% 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 70, small). It does better than 7% of them on solvency, 15% on liquidity, 27% on profitability and 4% on growth.

The bankruptcy probability was computed on 02-11-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.15, cash €2,682
NBB · annual accounts
lowers risk · Size: total assets €2.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 30-06-2026)
NBB · annual accounts
raises risk · Equity €96,220 (3.6% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 39275 sector peers (2025).
NBB · sector comparison
Position among 39275 sector peers
Solvency
better than 11%
← weakest strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
31 days early
2023
15 days early
2022
21 days late
2021
13 days early
2020
2 days late
2019
14 days early
← 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 12 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 17 July (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
03-11-2026 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

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 30-06-2026 at the NBB all 11 filings

Turnover
≈ €440,000
Estimated: probably between €370,000 and €770,000
Total assets
€2.7m▲ 118%
2024 · €1.2m
Net result
-€103,457
2024 · €15,381
Working capital
-€937,230▼ 75.1%
2024 · -€535,404
Multi-year overview
2018 to 2025, 8 financial years
Operating result
-€10,261
2025
20182025
Net result
-€103,457
2025
lowest quarter of the sector
20182025
Equity
€96,220
▼ 51.8% 2025
middle half of the sector
20182025
Total assets
€2.7m
▲ 118% 2025
highest quarter of the sector
20182025
Debt
€2.6m
▲ 151% 2025
20182025
Working capital
-€937,230
▼ 75.1% 2025
lowest quarter of the sector
20182025
Solvency
3.6%
▼ 12.6pp 2025
lowest quarter of the sector
20182025
Current ratio
0.15
▼ 0.32 2025
lowest quarter of the sector
20182025
Return on assets (ROA)
-3.9%
▼ 5.1pp 2025
lowest quarter of the sector
20182025
Staff (FTE)
1
= 2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.02m--€0.003m-€396▲ 86.5%€0.07m€0.2m▲ 115%-€0.02m€0.02m-€0.01m
Net result€0.008m--€0.007m-€0.004mbelow the sector's middle half▲ 40.4%€0.06mwithin the sector's middle half€0.1mabove the sector's middle half▲ 94.3%-€0.01mbelow the sector's middle half€0.02mwithin the sector's middle half-€0.1mbelow the sector's middle half
Equity€0.04m-€0.03m▼ 18.2%€0.03mwithin the sector's middle half▼ 13.2%€0.08mwithin the sector's middle half▲ 219%€0.2mwithin the sector's middle half▲ 133%€0.2mwithin the sector's middle half▼ 5.2%€0.2mwithin the sector's middle half▲ 8.3%€0.1mwithin the sector's middle half▼ 51.8%
Total assets€0.1m-€0.2m▲ 5.1%€0.2mwithin the sector's middle half▲ 16.8%€0.3mwithin the sector's middle half▲ 58.7%€0.4mwithin the sector's middle half▲ 49.2%€0.7mabove the sector's middle half▲ 61.5%€1.2mabove the sector's middle half▲ 77.8%€2.7mabove the sector's middle half▲ 118%
Debt€0.1m-€0.1m▲ 12.8%€0.2m▲ 24.1%€0.2m▲ 31.6%€0.2m▲ 14.8%€0.5m▲ 117%€1.0m▲ 103%€2.6m▲ 151%
Working capital€0.04m-€0.03m▼ 16.0%€0.03mwithin the sector's middle half▼ 6.5%€0.2mabove the sector's middle half▲ 429%€0.2mabove the sector's middle half▲ 51.5%€0.2mabove the sector's middle half▼ 33.8%-€0.5mbelow the sector's middle half-€0.9mbelow the sector's middle half▼ 75.1%
Solvency24.9%-19.4%▼ 5.5pp14.4%below the sector's middle half▼ 5.0pp29.0%within the sector's middle half▲ 14.6pp45.4%within the sector's middle half▲ 16.4pp26.6%within the sector's middle half▼ 18.7pp16.2%below the sector's middle half▼ 10.4pp3.6%below the sector's middle half▼ 12.6pp
Current ratio1.39-1.28▼ 0.121.20within the sector's middle half▼ 0.072.33within the sector's middle half▲ 1.132.55within the sector's middle half▲ 0.221.35within the sector's middle half▼ 1.200.47below the sector's middle half▼ 0.880.15below the sector's middle half▼ 0.32
Return on assets (ROA)5.6%--4.3%▼ 9.9pp-2.2%below the sector's middle half▲ 2.1pp19.9%within the sector's middle half▲ 22.1pp25.9%within the sector's middle half▲ 6.0pp-1.4%below the sector's middle half▼ 27.4pp1.3%below the sector's middle half▲ 2.7pp-3.9%below the sector's middle half▼ 5.1pp
Staff (FTE)11=1=
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a loss of €10,261, after a profit of €21,171 in 2024.

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.7m
Fixed assets €2.5m ▲ 233%
Current assets €170,864 ▼ 64.2%
Equity and liabilities €2.7m
Equity €96,220 ▼ 51.8%
Debt €2.6m ▲ 151%
Debt's share of the balance-sheet total rises from 83.8% to 96.4%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€290,788▲
2024 · €63,429
Cash flow
€197,591▲
2024 · €57,638
Debt to equity
26.88▲
2024 · 5.16
ROE
-107.5%▼
2024 · 7.7%
Interest coverage
3.05▼
2024 · 12.23
Debt ≤ 1 year
€1.1m▲
2024 · €1.0m
Debt > 1 year
€1.5m▲
2024 · €17,479
Income taxes
€507▼
2024 · €1,069
Staff costs
€14,181▼
2024 · €62,575
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202331-12-202431-12-2025
Employees at the balance-sheet date111
full-time111
in full-time equivalents111
Average over the year, in full-time equivalents111
On a permanent contract111
Joined1--
Left0--

Source: social balance sheet in the 2023 to 2025 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€25,586€25,207€51,232€724,825€2.1m
Depreciation and write-downs of the year€384€3,506€6,391€42,258€301,048

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.2m€2.7m▲
Fixed assets21/28€0.8m€2.5m▲
Tangible fixed assets22/27€0.8m€2.5m▲
Plant, machinery and equipment23€0.7m€0.9m▲
Furniture and vehicles24€0.01m€0.03m▲
Leasing and similar rights25-€1.5m
Current assets29/58€0.5m€0.2m▼
Amounts receivable within one year40/41€0.5m€0.2m▼
Trade receivables40€0.004m€488▼
Other amounts receivable41€0.5m€0.2m▼
Cash at bank and in hand54/58€0.001m€0.003m▲
Deferred charges and accrued income490/1€0.006m€0.006m▲
Equity and liabilities
Total equity and liabilities10/49€1.2m€2.7m▲
Equity10/15€0.2m€0.1m▼
Contributions10/11€0.01m€0.01m=
Reserves13€0.2m€0.2m=
Non-distributable reserves130/1€0.002m€0.002m=
Reserves not available under the articles1311€0.002m€0.002m=
Distributable reserves133€0.2m€0.2m=
Profit (loss) carried forward14--€0.1m
Amounts payable17/49€1.0m€2.6m▲
Amounts payable after more than one year17€0.02m€1.5m▲
Financial debts170/4€0.02m€1.5m▲
Amounts payable within one year42/48€1.0m€1.1m▲
Current portion of amounts payable after more than one year42€0.07m€0.1m▲
Trade debts44€0.2m€0.004m▼
Suppliers440/4€0.2m€0.004m▼
Taxes, remuneration and social security45€0.02m€0.006m▼
Taxes450/3€0.006m€0.004m▼
Remuneration and social security454/9€0.01m€0.002m▼
Other amounts payable47/48€0.8m€1.0m▲
Accrued charges and deferred income492/3€0.001m€0.001m▲
Income statement Code20242025
Remuneration, social security and pensions62€0.06m€0.01m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.3m▲
Other operating charges640/8€0.001m€0.002m▲
Gross operating margin9900€0.1m€0.3m▲
Operating profit (loss)9901€0.02m-€0.01m▼
Financial income75/76B€463€0.003m▲
Recurring financial income75€463€0.003m▲
Financial charges65/66B€0.005m€0.1m▲
Recurring financial charges65€0.005m€0.1m▲
Profit (loss) for the period before taxes9903€0.02m-€0.1m▼
Income taxes67/77€0.001m€0.001m▼
Profit (loss) for the period9904€0.02m-€0.1m▼
Profit (loss) for the period to be appropriated9905€0.02m-€0.1m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.005m-€0.1m▼
Profit (loss) brought forward from the previous period14P-€0.01m-
Transfer to equity691/2€0.005m-
To other reserves6921€0.005m-

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62-----€26,188€62,575€14,181▼ 77.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,319€5,068€4,055€384€3,506€6,391€42,258€301,048▲ 612%
Other operating charges640/8---€1,321€1,189€1,013€825€2,283▲ 177%
Gross operating margin9900€24,571€3,770€5,786€73,313€158,485€9,201€126,829€307,252▲ 142%
Operating profit (loss)9901€16,544-€2,929-€396€71,608€153,790-€24,390€21,171-€10,261-
Financial income75/76B---€6,395€6,754€20,121€463€2,570▲ 455%
Recurring financial income75€152€280-€6,395€6,754€20,121€463€2,570▲ 455%
Financial charges65/66B---€1,991€5,050€5,256€5,185€95,259▲ 18×
Recurring financial charges65€4,580€3,525€3,259€1,991€5,050€5,256€5,185€95,259▲ 18×
Profit (loss) for the period before taxes9903€12,116-€6,173-€3,655€76,012€155,495-€9,525€16,449-€102,950-
Income taxes67/77€3,917€496€323€18,839€44,414€497€1,069€507▼ 52.5%
Profit (loss) for the period9904€8,199-€6,669-€3,978€57,173€111,081-€10,022€15,381-€103,457-
Profit (loss) for the period to be appropriated9905€8,199-€6,669-€3,978€57,173€111,081-€10,022€15,381-€103,457-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.1m€0.2m€0.2m€0.3m€0.4m€0.7m€1.2m€2.7m▲ 118%
Fixed assets21/28€0.009m€0.004m-€0.004m€0.03m€0.07m€0.8m€2.5m▲ 233%
Tangible fixed assets22/27€0.009m€0.004m-€0.004m€0.03m€0.07m€0.8m€2.5m▲ 233%
Plant, machinery and equipment23-----€0.05m€0.7m€0.9m▲ 26.0%
Furniture and vehicles24---€0.004m€0.03m€0.02m€0.01m€0.03m▲ 134%
Leasing and similar rights25-------€1.5m-
Current assets29/58€0.1m€0.2m€0.2m€0.3m€0.4m€0.6m€0.5m€0.2m▼ 64.2%
Amounts receivable after more than one year29----€0.2m€0.2m---
Other amounts receivable291----€0.2m€0.2m---
Amounts receivable within one year40/41€0.1m€0.1m€0.2m€0.3m€0.1m€0.4m€0.5m€0.2m▼ 65.5%
Trade receivables40---€0.02m€0.008m€413€0.004m€488▼ 88.1%
Other amounts receivable41---€0.2m€0.1m€0.4m€0.5m€0.2m▼ 65.3%
Cash at bank and in hand54/58-€0.001m€0.01m€0.02m€0.003m€0.02m€0.001m€0.003m▲ 295%
Deferred charges and accrued income490/1---€0.007m€0.009m€0.006m€0.006m€0.006m▲ 0.5%
Equity and liabilities
Total equity and liabilities10/49€0.1m€0.2m€0.2m€0.3m€0.4m€0.7m€1.2m€2.7m▲ 118%
Equity10/15€0.04m€0.03m€0.03m€0.08m€0.2m€0.2m€0.2m€0.1m▼ 51.8%
Contributions10/11€0.01m€0.01m-€0.01m€0.01m€0.01m€0.01m€0.01m=
Reserves13€0.02m€0.02m€0.02m€0.07m€0.2m€0.2m€0.2m€0.2m=
Non-distributable reserves130/1---€0.002m€0.002m€0.002m€0.002m€0.002m=
Reserves not available under the articles1311---€0.002m€0.002m€0.002m€0.002m€0.002m=
Distributable reserves133---€0.07m€0.2m€0.2m€0.2m€0.2m=
Profit (loss) carried forward14--€0.007m-€0.01m---€0.01m--€0.1m-
Amounts payable17/49€0.1m€0.1m€0.2m€0.2m€0.2m€0.5m€1.0m€2.6m▲ 151%
Amounts payable after more than one year17€0.01m€0.007m€0.004m€0.08m€0.08m€0.05m€0.02m€1.5m▲ 84×
Financial debts170/4---€0.08m€0.08m€0.05m€0.02m€1.5m▲ 84×
Amounts payable within one year42/48€0.1m€0.1m€0.2m€0.1m€0.2m€0.5m€1.0m€1.1m▲ 9.5%
Current portion of amounts payable after more than one year42---€0.03m€0.07m€0.07m€0.07m€0.1m▲ 60.5%
Trade debts44€0.01m€0.01m€0.03m€0.001m€0.009m€0.06m€0.2m€0.004m▼ 97.5%
Suppliers440/4---€0.001m€0.009m€0.06m€0.2m€0.004m▼ 97.5%
Taxes, remuneration and social security45---€0.04m€0.05m€0.03m€0.02m€0.006m▼ 67.9%
Taxes450/3---€0.04m€0.05m€0.02m€0.006m€0.004m▼ 29.1%
Remuneration and social security454/9----€0.002m€0.007m€0.01m€0.002m▼ 84.6%
Other amounts payable47/48---€0.05m€0.03m€0.3m€0.8m€1.0m▲ 28.4%
Accrued charges and deferred income492/3-----€0.001m€0.001m€0.001m▲ 104%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€0.008m-€0.007m-€0.004m€0.06m€0.1m-€0.01m€0.02m-€0.1m-
+ Depreciation and write-downs630€0.006m€0.005m€0.004m€384€0.004m€0.006m€0.04m€0.3m▲ 612%
Operating cash flow (approximation)€0.01m-€0.002m€77€0.06m€0.1m-€0.004m€0.06m€0.2m▲ 243%
Investment in fixed assets (approximation)-€0---€0.03m-€0.05m-€0.7m-€2.1m▼ 184%
Change in cash--€0.01m€0.004m-€0.01m€0.02m-€0.02m€0.002m-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 1,037 companies had the same profile as Mika & Bain has now. Two years later, 93.8% were still going and 2.9% had gone bankrupt.

  • Micro
  • 10 to 20 years old
  • solvency under 10%
  • a small loss
93.8% was still going
2.9% stopped otherwise
2.9% went bankrupt

Another 0.4% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Mika & Bain itself is lower: 0.2% within 12 months. It rests on far more data about Mika & Bain than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,037 companies, not a prediction for Mika & Bain. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Latest 10 of 11 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 30-06-2026 2026-00237140 PDF
31-12-2024 micro format 30-06-2025 2025-00209668 PDF
31-12-2023 micro format 16-07-2024 2024-00253539 PDF
31-12-2022 micro format 21-08-2023 2023-00342471 PDF
31-12-2021 micro format 18-07-2022 2022-20201053 PDF
31-12-2020 micro format 02-08-2021 2021-44700228 PDF
31-12-2019 micro format 17-07-2020 2020-31300455 PDF
31-12-2018 micro format 10-07-2019 2019-31000297 PDF
31-12-2017 micro format 29-06-2018 2018-25500551 PDF
31-12-2016 micro format 30-06-2017 2017-24500206 PDF

Show all 11 filings

Board & ownership

Directors

Directors
1 director, last change in 2026
CIFTCI Metin
Director (not named in the articles) · in office according to the act of 11-09-2026 · earlier manager, until 11-09-2026 · term without a fixed end · listed in the 2025 annual accounts, filed on 30-06-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 11-09-2026

Owners and capital

Capital transactions

Capital over time
  1. 11-09-2026 Converted to unavailable equity · €14,260
  2. 11-09-2026 Converted to uncalled contributions · €6,200

Mandate history

1 person, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
CIFTCI Metin
  • Manager, until 11-09-2026
  • Director (not named in the articles), since before 11-09-2026
See the board, name and registered office on a given date →

Articles of association

Board and representation

Daily managementDay-to-day management handles the everyday running of the business without the full board.
The board decides whether the delegates act alone or jointly
Board ruleThese rules set how the board is made up, meets and takes decisions.
“De algemene vergadering beslist of het mandaat van de bestuurder al dan niet ten kosteloze titel wordt uitgeoefend, Indien het mandaat van…”

Capital, shares and profit

Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
“Aandelen moeten bij hun uitgifte worden volgestort, In geval van een enige aandeelhouder-bestuurder, bepaalt deze laatste vrij, naargelang…”
Share issue ruleThe articles set how and by whom new shares are issued.
“Ten minste 15 dagen, dag van de openstelling van de intekening”
Profit allocationThe articles set how profit is distributed. A BV may only pay out after a balance-sheet and liquidity test.
“De vennootschap kan elke uitkering die hiermee in strijd is verricht van de aandeelhouders terugvorderen, ongeacht hun goede of kwade…”

Articles of association, deed of 11-09-2026 (in Dutch)

Network & group

Mika & Bain shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of Mika & Bain. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
11-09
Gazette deed Company renamed from Mc Profinity to Mika & Bain
Resignation: CIFTCI Metin (manager) · Reappointment: CIFTCI Metin (director) · Purpose change19 points ▸
  • General meeting, 18-08-2026
  • Other provision, 05-08-2026
  • Purpose change
  • Name change, Mika & Bain
  • Amendment of the articles, mentioned 2 times in the deed
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Capital conversion, “eigen vermogensrekening niet-opgevraagde inbrengen” (deed in Dutch)
  • Reserve release, “opheffen, beschikbaar voor uitkering” (deed in Dutch)
  • Other provision, “huidige inbrengen op beschikbare eigen vermogensrekening, accounting treatment of contributions” (deed in Dutch)
  • Other provision, “release from payment obligation, opheffen” (deed in Dutch)
  • Other provision, “terminology changes” (deed in Dutch)
  • Other provision, “unchanged elements” (deed in Dutch)
  • The act holds 7 more points.

Open the act in the Belgian Official Gazette

30-06
NBB filing Annual accounts 2025 filedNBB
micro format · 31 days before the deadline
2025
31-12
Financial Weakest financial yearnet -€103,457
The net result drops to -€103,457, the lowest from 2018 to 2025.
30-06
NBB filing Annual accounts 2024 filedPDF
micro format · 31 days before the deadline
2024
31-12
Financial Back to profitnet €15,381
The net result is €15,381, after one loss-making year.
16-07
NBB filing Annual accounts 2023 filedPDF
micro format · 15 days before the deadline
2023
21-08
NBB filing Annual accounts 2022 filedPDF
micro format · 21 days late
2022
31-12
Financial Highest result from 2018 to 2025net €111,081 ▲94.3%
The operating result of €153,790 and the net result of €111,081 are both a record.
31-12
Financial Equity above €150,000equity €194,318 ▲133%
After 2 profitable years in a row, equity reaches €194,318.
18-07
NBB filing Annual accounts 2021 filedPDF
micro format · 13 days before the deadline
2021
31-12
Financial Back to profitnet €57,173
The net result is €57,173, after 2 loss-making years.
02-08
NBB filing Annual accounts 2020 filedPDF
micro format · 2 days late
Show earlier events
2020
17-07
NBB filing Annual accounts 2019 filedPDF
micro format · 14 days before the deadline
2019
10-07
NBB filing Annual accounts 2018 filedPDF
micro format · 21 days before the deadline
2018
29-06
NBB filing Annual accounts 2017 filedPDF
micro format · 32 days before the deadline
2017
30-06
NBB filing Annual accounts 2016 filedPDF
micro format · 31 days before the deadline
2014
20-10
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 9 October 2014, Mika & Bain was incorporated.1 Since 2026 the company has been called Mika & Bain.2 Total assets went from €147,345 in 2018 to €2.7m in 2025 and headcount from 1 full-time equivalents in 2023 to 1 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 11-09-2026
  3. 3National Bank, annual accounts 2018, 2023 and 2025

Company details

Register details

Identity

KBO record
Name Mika & Bain in Dutch
Former name Mc Profinity until 18-08-2026 · act of 11-09-2026
Enterprise number 0563.827.148
Legal form Private limited company
Status Active, normale toestand
Founded 09-10-2014
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 11-09-2026 (in Dutch)
Name clauseThe company operates under this name according to its articles.
Mika & Bain
deed of 11-09-2026 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren in België of buitenland”
deed of 11-09-2026 (in Dutch)

Registered office and establishments

Registered office Heidestraat 43, 3945 Ham, Belgium
Establishment unit Heidestraat 43, 3945 Ham since 09-10-2014 · unit number 2.236.291.844

Activities

NACEBEL 2025
VAT activities
70200 Business and other management consultancy main activity
68203 Renting and operating of own or leased non-residential real estate, excluding land
Social security (RSZ) activities
62100 Computer programming main activity
Codes under NACEBEL 2008
VAT activities
70220 Business consulting main activity
Social security (RSZ) activities
62010 Computer programming, consultancy and related activities main activity
Joint committee 200 Aanvullend Paritair Comité voor de bedienden annual accounts 2025
PurposeThe purpose describes the activities the company may carry out under its articles.
“Verhuur van niet-residentiële gebouwen zoals kantoorgebouwen, handelspanden, tentoonstellingsruimtes, enzovoort; De uitbating van een…”
52 activities
  1. Verhuur van niet-residentiële gebouwen zoals kantoorgebouwen, handelspanden, tentoonstellingsruimtes, enzovoort;
  2. De uitbating van een bedrijvencentrum;
  3. Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering;
  4. Verhuur en lease van kantoormachines, inclusief computers;
  5. Verhuur en lease van woon- en bureelcontainers en dergelijke accommodatie;
  6. Ontwerpen en programmeren van computerprogramma's;
  7. Andere vormen van arbeidsbemiddeling;
  8. Diverse administratieve activiteiten ten behoeve van kantoren;
  9. Fotokopiëren, documentvoorbereiding en andere gespecialiseerde ondersteunende activiteiten ten behoeve van kantoren;
  10. Organisatie van congressen en beurzen;
  11. Overige zakelijke dienstverlening, niet elders genoemd;
  12. Computerconsultancy-activiteiten;
  13. Beheer van computerfaciliteiten;
  14. Overige diensten op het gebied van informatietechnologie en computer;
  15. Gegevensverwerking, webhosting en aanverwante activiteiten;
  16. Webportalen;
  17. Overige dienstverlenende activiteiten op het gebied van informatie, niet eerder genoemd;
  18. Overige financiële dienstverlening;
  19. Handel in eigen onroerend goed;
  20. Verhuur en exploitatie van eigen of geleasd residentieel onroerend goed, exclusief sociale woningen;
  21. Verhuur en exploitatie van eigen of geleasd niet-residentieel onroerend goed, exclusief terreinen;
  22. Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis;
  23. Schaten en evalueren van onroerend goed voor een vast bedrag of op contractbasis;
  24. Beheer van residentieel onroerend goed voor een vast bedrag of op contractbasis;
  25. Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis;
  26. Adviesbureaus op het gebied van public relations en communicatie;
  27. Ingenieurs en aanverwante technische adviseurs, exclusief landmeters;
  28. Verhuur en lease van machines en installaties voor de bouwnijverheid en de wegenwaterbouw;
  29. Verhuur en lease van andere machines en werktuigen en andere materiële goederen;
  30. Lease van intellectuele eigendom en vergelijkbare producten, met uitzondering van werken onder auteursrecht;
  31. Reparatie van computers en randapparatuur;
  32. Reparatie van communicatieapparatuur;
  33. Op lange termijn aanhouden van aandelen die afkomstig zijn van verschillende andere bedrijven die in meerderheid tot de financiële sector behoren;
  34. Managementactiviteiten van holdings: tussenkomen in het dagelijks bestuur, vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal, enzovoort;
  35. Op lange termijn aanhouden van aandelen die afkomstig zijn van verschillende andere bedrijven uit verscheidene economische sectoren;
  36. Overige kredietverstrekking, niet elders genoemd;
  37. Handel in eigen onroerend goed: flatgebouwen en woningen, niet voor bewoning bestemde gebouwen, grond;
  38. Verkoop van eigen handelszaken en van zelf verworven sleutelgeld (overname);
  39. Verhuur van al dan niet gemeubelde appartementen en huizen;
  40. Verhuur van appartementen in hotels;
  41. Verhuur per jaar van garageboxen en staanplaatsen voor auto's;
  42. Verhuur van handelszaken (in een stelsel van vrije geranten);
  43. Verhuur van grond en terreinen, ook indien bebouwd, voor landbouwdoeleinden;
  44. Verhuur van staanplaatsen voor caravans voor een periode van een jaar of meer;
  45. Activiteiten van hoofdkantoren;
  46. Verlenen van adviezen en hulp aan het bedrijfsleven en de overheid op het gebied van planning, organisatie, efficiëntie en toezicht, het verschaffen van informatie aan de bedrijfsleiding, enzovoort;
  47. Berekenen van de kosten en baten van de voorgestelde maatregelen op het gebied van planning, organisatie, efficiëntie, enzovoort;
  48. Algemene audit-activiteiten;
  49. Verlenen van advies op het gebied van beveiliging aan het bedrijfsleven en aan de overheid;
  50. Overige gespecialiseerde wetenschappelijke en technische activiteiten;
  51. Diverse ondersteunende activiteiten ten behoeve van voorzieningen;
  52. De verhuur, leasing, aan- en verkoop, import, export, onderhoud, beheer en exploitatie van alle soorten voertuigen, zowel nieuwe als tweedehands, waaronder begrepen, maar niet beperkt tot, personenwagens, lichte vrachtwagens, bestelwagens, vrachtwagens, opleggers, aanhangwagens, bedrijfsvoertuigen, speciale voertuigen en alle andere rollende materieel, evenals de onderdelen, accessoires en toebehoren ervan.
deed of 11-09-2026 (in Dutch)

Invoicing and payment

VAT number BE 0563.827.148
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0563827148
Other Peppol ID 9925:BE0563827148
Registered 24-11-2023

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Friday of May at 20:00
deed of 11-09-2026 (in Dutch)

Sites & property

Location
registered office establishment approximate The establishment unit on the map