MI CASA
ActiveSummary
MI CASA has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.1m and a net result of €318,958. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 73% of 851 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
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Signals
This company filed its last 7 accounts on average 74 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
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History
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Financials · fiscal year 2025, full schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 20,134 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €19.4m | €24.9m | €20.2m | €15.1m | ▼ 25.0% |
| Turnover70 | €15.7m | €18.9m | €25.0m | €19.8m | €15.1m | ▼ 23.9% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | - | €280,719 | -€481,718 | -€68,068 | -€15,645 | ▲ 77.0% |
| Own construction capitalised72 | - | €0 | - | €8,814 | €0 | ▼ 100% |
| Other operating income74 | - | €149,956 | €280,270 | €423,079 | €60,367 | ▼ 85.7% |
| Non-recurring operating income76A | - | €74,500 | €52,246 | €0 | - | - |
| Operating charges60/66A | - | €18.9m | €24.9m | €21.5m | €14.9m | ▼ 30.8% |
| Goods for resale, raw materials and consumables60 | - | €12.9m | €19.1m | €15.0m | €9.8m | ▼ 34.7% |
| Purchases600/8 | - | €12.9m | €16.9m | €15.1m | €9.7m | ▼ 35.5% |
| Change in stocks: decrease (increase)609 | - | -€72,334 | €2.2m | -€46,900 | €88,438 | ▲ 289% |
| Services and other goods61 | - | €2.9m | €3.8m | €3.7m | €3.0m | ▼ 18.2% |
| Remuneration, social security and pensions62 | - | €2.6m | €2.6m | €2.2m | €2.1m | ▼ 4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €98,449 | €113,681 | €115,430 | €103,011 | €102,741 | ▼ 0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €250,439 | -€694,250 | €0 | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €17,450 | -€15,550 | €218,909 | -€154,809 | ▼ 171% |
| Other operating charges640/8 | - | €39,328 | €123,376 | €308,250 | €43,881 | ▼ 85.8% |
| Non-recurring operating charges66A | - | €119,118 | €10,843 | €13,468 | €2,837 | ▼ 78.9% |
| Operating profit (loss)9901 | €505,731 | €568,539 | -€46,536 | -€1.4m | €233,852 | ▲ 117% |
| Financial income75/76B | - | €225,692 | €319,353 | €260,454 | €120,305 | ▼ 53.8% |
| Recurring financial income75 | €196,430 | €225,692 | €319,353 | €260,454 | €120,305 | ▼ 53.8% |
| Income from financial fixed assets750 | - | - | - | - | €2 | - |
| Income from current assets751 | - | €68,112 | €102,202 | €78,128 | €52,290 | ▼ 33.1% |
| Other financial income752/9 | - | €157,580 | €217,151 | €182,326 | €68,013 | ▼ 62.7% |
| Financial charges65/66B | - | €67,524 | €101,134 | €28,038 | €34,390 | ▲ 22.7% |
| Recurring financial charges65 | €63,285 | €67,524 | €101,134 | €28,038 | €34,390 | ▲ 22.7% |
| Debt charges650 | €60,821 | €64,151 | €94,659 | €21,289 | €24,739 | ▲ 16.2% |
| Other financial charges652/9 | - | €3,373 | €6,475 | €6,748 | €9,651 | ▲ 43.0% |
| Profit (loss) for the period before taxes9903 | €638,875 | €726,707 | €171,683 | -€1.1m | €319,766 | ▲ 129% |
| Income taxes67/77 | €773 | €499 | €572 | €344 | €808 | ▲ 135% |
| Taxes670/3 | - | €499 | €572 | €344 | €808 | ▲ 135% |
| Profit (loss) for the period9904 | €638,102 | €726,208 | €171,110 | -€1.1m | €318,958 | ▲ 128% |
| Transfer from tax-exempt reserves789 | - | - | €148,293 | €0 | - | - |
| Transfer to tax-exempt reserves689 | - | €148,293 | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €638,102 | €577,916 | €319,403 | -€1.1m | €318,958 | ▲ 128% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.4m | €10.0m | €7.0m | €6.5m | €5.6m | ▼ 13.6% |
| Fixed assets21/28 | €400,872 | €401,155 | €356,809 | €208,265 | €235,091 | ▲ 12.9% |
| Intangible fixed assets21 | €45,742 | €29,266 | €14,616 | €4,194 | €20,586 | ▲ 391% |
| Tangible fixed assets22/27 | €348,246 | €371,419 | €341,695 | €203,708 | €207,542 | ▲ 1.9% |
| Plant, machinery and equipment23 | - | €94,473 | €169,401 | €169,233 | €112,249 | ▼ 33.7% |
| Furniture and vehicles24 | - | €143,343 | €64,189 | €32,386 | €95,008 | ▲ 193% |
| Other tangible fixed assets26 | - | €133,603 | €108,105 | €2,088 | €285 | ▼ 86.3% |
| Financial fixed assets28 | €6,884 | €470 | €498 | €363 | €6,963 | ▲ 1,818% |
| Other financial fixed assets284/8 | - | €470 | €498 | €363 | €6,963 | ▲ 1,818% |
| Amounts receivable and cash guarantees285/8 | - | €470 | €498 | €363 | €6,963 | ▲ 1,818% |
| Current assets29/58 | €8.0m | €9.6m | €6.7m | €6.3m | €5.4m | ▼ 14.5% |
| Stocks and contracts in progress3 | €3.1m | €3.8m | €1.9m | €1.8m | €1.7m | ▼ 5.6% |
| Stocks30/36 | - | €3.0m | €1.5m | €1.6m | €1.5m | ▼ 5.6% |
| Raw materials and consumables30/31 | - | €312,143 | €344,762 | €412,283 | €377,884 | ▼ 8.3% |
| Work in progress32 | - | €285,270 | €254,150 | €233,529 | €114,068 | ▼ 51.2% |
| Property held for sale35 | - | €2.4m | €923,723 | €923,723 | €989,146 | ▲ 7.1% |
| Contracts in progress37 | - | €829,779 | €348,061 | €279,992 | €264,347 | ▼ 5.6% |
| Amounts receivable within one year40/41 | €2.1m | €3.3m | €4.5m | €3.6m | €3.2m | ▼ 12.0% |
| Trade receivables40 | - | €1.3m | €1.3m | €1.1m | €695,480 | ▼ 38.2% |
| Other amounts receivable41 | - | €2.1m | €3.2m | €2.5m | €2.5m | ▼ 0.1% |
| Cash at bank and in hand54/58 | €2.2m | €2.3m | €212,260 | €763,697 | €350,840 | ▼ 54.1% |
| Deferred charges and accrued income490/1 | - | €109,475 | €66,399 | €80,198 | €113,894 | ▲ 42.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.4m | €10.0m | €7.0m | €6.5m | €5.6m | ▼ 13.6% |
| Equity10/15 | €3.1m | €3.8m | €4.0m | €2.8m | €3.1m | ▲ 11.3% |
| Contributions10/11 | €83,172 | €83,172 | €83,172 | €83,172 | €83,172 | = |
| Capital10 | - | €83,172 | €83,172 | €83,172 | €83,172 | = |
| Issued capital100 | - | €83,172 | €83,172 | €83,172 | €83,172 | = |
| Reserves13 | €3.1m | €3.7m | €3.9m | €2.7m | €3.1m | ▲ 11.6% |
| Non-distributable reserves130/1 | - | €8,317 | €8,317 | €8,317 | €8,317 | = |
| Legal reserve130 | - | €8,317 | €8,317 | €8,317 | €8,317 | = |
| Tax-exempt reserves132 | - | €2.5m | €2.3m | €2.3m | €2.3m | = |
| Distributable reserves133 | - | €1.2m | €1.6m | €434,841 | €753,799 | ▲ 73.4% |
| Provisions and deferred taxes16 | €28,550 | €46,000 | €1,200 | €1,200 | €9,744 | ▲ 712% |
| Provisions for liabilities and charges160/5 | - | €46,000 | €1,200 | €1,200 | €9,744 | ▲ 712% |
| Other liabilities and charges164/5 | - | €46,000 | €1,200 | €1,200 | €9,744 | ▲ 712% |
| Amounts payable17/49 | €5.3m | €6.2m | €3.1m | €3.7m | €2.5m | ▼ 33.0% |
| Amounts payable after more than one year17 | €746,040 | €740,000 | €0 | - | €58,900 | - |
| Financial debts170/4 | - | €0 | - | - | €58,900 | - |
| Credit institutions173 | - | €0 | - | - | €58,900 | - |
| Other amounts payable178/9 | - | €740,000 | €0 | - | - | - |
| Amounts payable within one year42/48 | €4.5m | €5.3m | €2.9m | €3.4m | €2.3m | ▼ 32.1% |
| Current portion of amounts payable after more than one year42 | - | €6,040 | €0 | - | €19,429 | - |
| Financial debts43 | - | - | - | - | €30,973 | - |
| Credit institutions430/8 | - | - | - | - | €30,973 | - |
| Trade debts44 | €1.0m | €991,589 | €1.1m | €2.3m | €1.6m | ▼ 30.0% |
| Suppliers440/4 | - | €991,589 | €1.1m | €2.3m | €1.6m | ▼ 30.0% |
| Advances received on contracts in progress46 | - | €2.3m | €1.3m | €832,949 | €500,000 | ▼ 40.0% |
| Taxes, remuneration and social security45 | - | €332,157 | €138,169 | €274,920 | €114,605 | ▼ 58.3% |
| Taxes450/3 | - | €146,511 | €572 | €138,735 | €6,455 | ▼ 95.3% |
| Remuneration and social security454/9 | - | €185,646 | €137,597 | €136,185 | €108,149 | ▼ 20.6% |
| Other amounts payable47/48 | - | €1.7m | €291,558 | €60,161 | €80,204 | ▲ 33.3% |
| Accrued charges and deferred income492/3 | - | €98,130 | €233,155 | €258,790 | €84,807 | ▼ 67.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €638,102 | €726,208 | €171,110 | -€1.1m | €318,958 | ▲ 128% |
| + Depreciation and write-downs630 | €98,449 | €113,681 | €115,430 | €103,011 | €102,741 | ▼ 0.3% |
| Operating cash flow (approximation) | €736,551 | €839,890 | €286,540 | -€1.0m | €421,699 | ▲ 141% |
| Investment in fixed assets (approximation) | - | -€113,964 | -€71,084 | €45,534 | -€129,568 | ▼ 385% |
| Change in cash | - | €157,611 | -€2.1m | €551,437 | -€412,857 | ▼ 175% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
11-09
State Gazette act
Other statement · DemergerAppointment: Mia Deplancke Bedrijfsrevisoren & C° (statutory auditor) · Capital increase · Share issue28 facts ▸
- Other statement, waiver of reading of split proposal, aandeelhouders erkennen volledig in kennis te zijn gesteld
- Other statement, no objections to split proposal, besluiten zich aan te sluiten bij het besluit erin vervat
- Other statement, eenparig en uitdrukkelijk, waiver of interim figures report
- Other statement, eenparig en uitdrukkelijk, waiver of board report on split proposal
- Other statement, eenparig en uitdrukkelijk, waiver of auditor report on split proposal
- Other statement, eenparig en uitdrukkelijk, waiver of notification of significant changes
- Demerger, partiele splitsing, ondernemingsrechtbank te Gent afdeling Kortrijk
- Other statement, assets to be transferred
- Capital increase
- Share issue, gewone aandelen, 2322
- Other statement, no special benefit, artikel 12:59, 8° WVV
- Other statement, 31-12-2025
- +16 further facts in this act
25-06
State Gazette act
RestructuringPermanent representatives: Ruben CREMMERY and Sofie DENOO · Share issue · Accounting effect29 facts ▸
- Board composition, CR77 BV (director)
- Permanent representative, Ruben CREMMERY (permanent representative)
- Board composition, JEMA BV (director)
- Permanent representative, Sofie DENOO (permanent representative)
- Other statement, Partieel te Splitsen Vennootschap, aanduiding in splitsingsvoorstel
- Other statement, benaming in voorstel, Verkrijgende Vennootschap
- Board composition, CR77 BV (director)
- Board composition, JEMA BV (director)
- Permanent representative, Ruben CREMMERY (permanent representative)
- Permanent representative, Sofie DENOO (permanent representative)
- Share issue, 2322, aandeelhouders van de Partieel te Splitsen Vennootschap
- Other statement, wijze van uitreiking aandelen, binnen 4 weken na bekendmaking van het splitsingsbesluit in de Bijlagen bij het Belgisch Staatsblad
- +17 further facts in this act
Show earlier events
About the unread acts
Of the 22 Belgian State Gazette acts we know for this company, 2 have been read. The other 20 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Statutory auditor 1
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34453F0113/00G002 | Flanders | 7,340 m² | 1 · 1,856 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Mandate history
- Statutory auditor
| Name | Functions and periods |
|---|---|
| Mia Deplancke Bedrijfsrevisoren & C° |
|
Articles of association
Full purpose (8 activities)
- Handel,de aan- en verkoop,de klein- en groothandel,de in- en uitvoer,de commissiehandel,de vertegenwoordiging en de consignatie van alle materialen in relatie met de bouw,evenals de aan- en verkoop,de promotie,het in waarde brengen,het huren en verhuren van gronden en gebouwen en alles in verband met het beroep van makelaar in onroerende goederen;
- Het vervaardigen,het kopen en verkopen,het plaatsen en installeren en herstellen van alle materialen en voorwerpen op basis van hout,cement,beton,steen,kunststoffen en zo meer,die in verband staan met de bouw,binnenhuisinrichting;het doen en laten doen van alle studies hiervoor;deze studies gebruiken of afstaan aan derden;het bouwen van sleutel op de deur;de fabricatie van geprefabriceerde woningen;
- Het overnemen van de handelsvertegenwoordiging van alle artikelen,materialen,gereedschappen,en zo meer met betrekking tot de bouwsector en alles wat ermee verband houdt;
- Groot- en kleinhandel in alle bouwmaterialen,de in- en uitvoer van menigvuldige producten,bouwproducten en bouwmaterialen,producten van bosontginning,gezaagd hout,half afgewerkte producten van hout of verbeterd hout of dergelijke producten met kunststof.
- Het vervoer van goederen langs onder meer de weg,het water,de lucht of gewoon per container of anders;
- De groot- en kleinhandel in bouwstoffen,hout en houtproducten,luiken,sanitair,elektrische waren,onderdelen van geprefabriceerde huizen en uitneembare houten paviljoenen,veranda's,pergola's,verwarmings- en afkoelingsinstallaties;
- Het tewerkstellen en het begeleiden van werkzoekenden uit kansengroepen die problemen hebben bij het inschakelen in het arbeidscircuit.
- Haar patrimonium,te bewaren,te beheren in de ruimste zin van het woord en het oordeelkundig uit te breiden ook door het verwerven van rechten op onroerende goederen welke hoegenaamd ook.Binnen het kader van haar voorwerp zal de vennootschap mogen overgaan tot het aankopen,opschikken,uitrusten,valoriseren,bouwen,verhuren of in huur nemen van onroerende goederen,al dan niet gemeubeld.
Structure & network
Owners and holdings
2 ownersChain of control
Highest known parent: Jema. The sources do not say who stands above it.
Owners 2
- VALORESparentSourceaccounts VALORES 202598.98%
-
12.78%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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.
Acquisitions and mergers
1 transactionCapital and shareholders
- VALORES
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 11-09-2026 Capital increase · 2,322 new shares · in kind
- 11-09-2026 Capital increase of 199,505.62 EUR · to 282,677.72 EUR · 2,322 new shares · in kind
- 11-09-2026 Capital increase of 199,505.62 EUR · to 282,677.72 EUR · 2,322 new shares · in kind
Public money · subsidies and aid
Flemish government
2022 to 2025 · 14 entries · 84,577 EUR awarded · 81,179 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 8,570 EUR | 8,570 EUR |
| 2024 | 2 | 14,059 EUR | 14,059 EUR |
| 2023 | 5 | 18,657 EUR | 55,050 EUR |
| 2022 | 5 | 43,291 EUR | 3,500 EUR |
Recognitions · licences · registrations
Recognised contractor
4 categoriesDual-learning approval
6 live approvals · 17 endedShow 17 ended approvals
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.