MI-BOIS
ActiveMI-BOIS has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.46M and a net result of €332k. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 88% of 129 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability48▼-11
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300k at 30 days acceptable
Liquidity ample (current ratio 8.29 against 6.48 in 2024), and 18.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
81.4%
Return on assets
7.8%
Age of the figures
11 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-03-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
1 d early
2023
8 d early
2022
41 d early
2021
2 d early
2020
7 d early
2019
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€332k▼ 9.7%
2024 · €368k
2018: €310k
2019: €454k
2020: €330k
2021: €161k
2022: €327k
2023: €339k
2024: €368k
2018 → 2025
Working capital
€3.46M▲ 11.3%
2024 · €3.11M
2018: €1.57M
2019: €1.98M
2020: €2.47M
2021: €2.53M
2022: €2.69M
2023: €2.75M
2024: €3.11M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.10M-€2.42M▲ 15.6%€2.76M▲ 14.0%€3.13M▲ 13.3%€3.46M▲ 10.6%
Operating result€187k-€405k▲ 117%€417k▲ 3.0%€431k▲ 3.3%€414k▼ 3.9%
Net result€161k-€327k▲ 103%€339k▲ 3.5%€368k▲ 8.6%€332k▼ 9.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.25M
Fixed assets
€320k▼ 20.9%
Current assets
€3.93M▲ 7.1%
Equity and liabilities €4.25M
Equity
€3.46M▲ 10.6%
Debt
€790k▼ 16.6%
The debt ratio falls from 23.2% to 18.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€498k▼
2024 · €505k
Cash flow
€416k▼
2024 · €441k
Solvency
81.4%▲
2024 · 76.8%
Current ratio
8.29▲
2024 · 6.48
Quick ratio
8.22▲
2024 · 6.44
Debt / equity
0.23▼
2024 · 0.30
ROE
9.6%▼
2024 · 11.7%
ROA
7.8%▼
2024 · 9.0%
Interest coverage
58.09▼
2024 · 175.73
Debt
€790k▼
2024 · €946k
Debt ≤ 1 year
€474k▼
2024 · €566k
Debt > 1 year
€13k▼
2024 · €35k
Income taxes
€123k▼
2024 · €125k
Staff costs
€252k▲
2024 · €240k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€4.08M€4.25M▲
Fixed assets21/28€404k€320k▼
Tangible fixed assets22/27€403k€319k▼
Land and buildings22€196k€175k▼
Plant, machinery and equipment23€174k€120k▼
Furniture and vehicles24€33k€24k▼
Financial fixed assets28€2k€1k▼
Current assets29/58€3.67M€3.93M▲
Stocks and contracts in progress3€25k€31k▲
Stocks30/36€25k€31k▲
Amounts receivable within one year40/41€1.20M€1.33M▲
Trade receivables40€69k€98k▲
Other amounts receivable41€1.13M€1.24M▲
Current investments50/53€750k€1.25M▲
Cash at bank and in hand54/58€1.69M€1.32M▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€4.08M€4.25M▲
Equity10/15€3.13M€3.46M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€43k€43k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€31k€31k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€3.03M€3.36M▲
Amounts payable17/49€946k€790k▼
Amounts payable after more than one year17€35k€13k▼
Financial debts170/4€35k€13k▼
Amounts payable within one year42/48€566k€474k▼
Current portion of amounts payable after more than one year42€22k€22k▲
Trade debts44€486k€406k▼
Suppliers440/4€486k€406k▼
Taxes, remuneration and social security45€58k€46k▼
Taxes450/3€31k€20k▼
Remuneration and social security454/9€28k€27k▼
Accrued charges and deferred income492/3€345k€302k▼
Income statement
Code20242025
Remuneration, social security and pensions62€240k€252k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€84k▲
Other operating charges640/8€23k€15k▼
Gross operating margin9900€769k€765k▼
Operating profit (loss)9901€431k€414k▼
Financial income75/76B€65k€50k▼
Recurring financial income75€65k€50k▼
Financial charges65/66B€3k€9k▲
Recurring financial charges65€3k€9k▲
Profit (loss) for the period before taxes9903€493k€455k▼
Income taxes67/77€125k€123k▼
Profit (loss) for the period9904€368k€332k▼
Profit (loss) for the period to be appropriated9905€368k€332k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.03M€3.36M▲
Profit (loss) brought forward from the previous period14P€2.66M€3.03M▲
Social balance
Average headcount (FTE)90874.24.0▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
20-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-09
Financial
Weakest financial yearnet €161k ▼51.1%
Net result drops to €161k, the lowest in the series; recovery starts the following year.
30-09
Financial
Equity above €2MEq €2.10M ▲8.3%
4 profitable years in a row build equity to €2.10M.
23-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
30-09
Financial
Highest result since 2018net €454k ▲46.6%
Operating result €621k, net result €454k, both a record.
30-09
Financial
Liquidity doublescurrent ratio 5.43
Current ratio from 2.59 to 5.43; short-term debt falls from €984k to €448k.
02-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
10-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Wavre · 2 establishment units since 1982
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chaussée de Namur 2481300 WavreGround area
5,860 m²
Building footprint
1,477 m²
Volume, LiDAR
2,540 m³
2 parcels, Wallonia · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
Chaussée de Namur 248, 1300 Wavre
since 19822.020.252.058
Rue des Poiriers, Sauv. 16, 5030 Gembloux
since 19932.193.991.332
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92253D0280/00E002 | Wallonia | 4,332 m² | 1 · 925 m² | - |
| 25772K0019/00A000 | Wallonia | 1,528 m² | 1 · 552 m² | 6.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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Mape
BE 0400.229.522
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Of 619 companies in sector 31002 we hold annual accounts for 348. 126 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded12-03-1982
Fiscal year end30-09
Activities, NACEBEL
31002Manufacture of furniture
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36130
43320Joinery installation
45422
Sources
Crossroads Bank for EnterprisesNational Bank · 43 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.