MI-FLEURS
ActiveSummary
MI-FLEURS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €121k and a net result of €8k. Equity is growing by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-4
Solvency45=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.15 in 2024; short-term debt: 15.6% and cash: 10.4% of total assets), and 80% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
20%
Return on assets
1.3%
Age of the figures
9 mo
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
7 d early
2023
28 d early
2022
59 d late
2021
3 d early
2020
31 d early
2019
26 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€121k▼ 5.5%
2024 · €128k
2018: €29klowest in 8 years
2019: €56k▲ +90.1% vs 2018
2020: €62k▲ +11.7% vs 2019
2021: €79k▲ +27.0% vs 2020
2022: €95k▲ +20.5% vs 2021
2023: €116k▲ +22.0% vs 2022
2024: €128k▲ +10.1% vs 2023highest in 8 years
2025: €121k▼ -5.5% vs 2024
2018 → 2025
Total assets
€605k▼ 4.6%
2024 · €635k
2018: €116k
2019: €103k▼ -11.4% vs 2018lowest in 8 years
2020: €114k▲ +10.9% vs 2019
2021: €552k▲ +385% vs 2020
2022: €619k▲ +12.1% vs 2021
2023: €666k▲ +7.5% vs 2022highest in 8 years
2024: €635k▼ -4.7% vs 2023
2025: €605k▼ -4.6% vs 2024
2018 → 2025
Net result
€8k▼ 70.3%
2024 · €27k
2018: €21k
2019: €26k▲ +25.8% vs 2018
2020: €7k▼ -75.3% vs 2019lowest in 8 years
2021: €17k▲ +157% vs 2020
2022: €16k▼ -3.4% vs 2021
2023: €56k▲ +245% vs 2022highest in 8 years
2024: €27k▼ -52.3% vs 2023
2025: €8k▼ -70.3% vs 2024
2018 → 2025
Working capital
€15k▲ 10.1%
2024 · €14k
2018: €25k
2019: €54k▲ +120% vs 2018
2020: €59k▲ +9.9% vs 2019highest in 8 years
2021: €30k▼ -49.8% vs 2020
2022: €36k▲ +19.5% vs 2021
2023: €54k▲ +51.3% vs 2022
2024: €14k▼ -74.6% vs 2023lowest in 8 years
2025: €15k▲ +10.1% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€79k-€95k▲ 20.5%€116k▲ 22.0%€128k▲ 10.1%€121k▼ 5.5%
2021: €79klowest in 5 years
2022: €95k▲ +20.5% vs 2021
2023: €116k▲ +22.0% vs 2022
2024: €128k▲ +10.1% vs 2023highest in 5 years
2025: €121k▼ -5.5% vs 2024
Operating result€27k-€31k▲ 14.7%€82k▲ 161%€45k▼ 45.5%€19k▼ 57.5%
2021: €27k
2022: €31k▲ +14.7% vs 2021
2023: €82k▲ +161% vs 2022highest in 5 years
2024: €45k▼ -45.5% vs 2023
2025: €19k▼ -57.5% vs 2024lowest in 5 years
Net result€17k-€16k▼ 3.4%€56k▲ 245%€27k▼ 52.3%€8k▼ 70.3%
2021: €17k
2022: €16k▼ -3.4% vs 2021
2023: €56k▲ +245% vs 2022highest in 5 years
2024: €27k▼ -52.3% vs 2023
2025: €8k▼ -70.3% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 57% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €605k
Fixed assets
€496k ▼ 6.0%
Current assets
€110k ▲ 2.0%
Equity and liabilities €605k
Equity
€121k ▼ 5.5%
Debt
€484k ▼ 4.4%
Debt's share of the balance-sheet total rises from 79.8% to 80.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€56k▼
2024 · €75k
Cash flow
€45k▼
2024 · €57k
Current ratio
1.16▲
2024 · 1.15
Quick ratio
1.04▲
2024 · 1.01
Debt to equity
4.00▲
2024 · 3.95
ROE
6.5%▼
2024 · 20.8%
ROA
1.3%▼
2024 · 4.2%
Interest coverage
9.50▼
2024 · 11.54
Debt ≤ 1 year
€95k▲
2024 · €94k
Debt > 1 year
€379k▼
2024 · €402k
Income taxes
€6k▼
2024 · €13k
Staff costs
€58k▼
2024 · €61k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€635k€605k▼
Fixed assets21/28€527k€496k▼
Intangible fixed assets21€4k€2k▼
Tangible fixed assets22/27€522k€493k▼
Land and buildings22€518k€488k▼
Plant, machinery and equipment23€181-
Furniture and vehicles24€5k€5k▲
Financial fixed assets28€650€770▲
Current assets29/58€108k€110k▲
Stocks and contracts in progress3€13k€11k▼
Stocks30/36€13k€11k▼
Amounts receivable within one year40/41€44k€34k▼
Trade receivables40€29k€29k▼
Other amounts receivable41€15k€6k▼
Cash at bank and in hand54/58€50k€63k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€635k€605k▼
Equity10/15€128k€121k▼
Contributions10/11€27k€27k=
Reserves13€101k€94k▼
Distributable reserves133€101k€94k▼
Profit (loss) carried forward14€443€461▲
Amounts payable17/49€507k€484k▼
Amounts payable after more than one year17€402k€379k▼
Financial debts170/4€402k€379k▼
Amounts payable within one year42/48€94k€95k▲
Current portion of amounts payable after more than one year42€23k€23k▲
Trade debts44€9k€17k▲
Suppliers440/4€9k€17k▲
Taxes, remuneration and social security45€44k€37k▼
Taxes450/3€40k€32k▼
Remuneration and social security454/9€5k€5k▲
Other amounts payable47/48€17k€17k▼
Accrued charges and deferred income492/3€10k€10k▼
Income statement
Code20242025
Remuneration, social security and pensions62€61k€58k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€37k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-3k€-1k▲
Other operating charges640/8€5k€4k▼
Gross operating margin9900€138k€117k▼
Operating profit (loss)9901€45k€19k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€6k€6k▼
Recurring financial charges65€6k€6k▼
Profit (loss) for the period before taxes9903€40k€14k▼
Income taxes67/77€13k€6k▼
Profit (loss) for the period9904€27k€8k▼
Profit (loss) for the period to be appropriated9905€27k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€8k▼
Profit (loss) brought forward from the previous period14P€395€443▲
Transfer from equity791/2€15k€15k=
Transfer to equity691/2€27k€8k▼
To other reserves6921€27k€8k▼
Profit to be distributed694/7€15k€15k=
Return on contributions (dividend)694€15k€15k=
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €33k | €35k | €49k | €61k | €58k | ▼ 4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €23k | €25k | €30k | €37k | ▲ 23.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €-3k | €-1k | ▲ 65.4% |
| Other operating charges640/8 | €4k | €3k | €3k | €5k | €4k | ▼ 31.3% |
| Gross operating margin9900 | €66k | €91k | €159k | €138k | €117k | ▼ 15.3% |
| Operating profit (loss)9901 | €27k | €31k | €82k | €45k | €19k | ▼ 57.5% |
| Financial income75/76B | €197 | €475 | €800 | €2k | €1k | ▼ 41.9% |
| Recurring financial income75 | €197 | €475 | €800 | €2k | €1k | ▼ 41.9% |
| Financial charges65/66B | €2k | €6k | €6k | €6k | €6k | ▼ 8.6% |
| Recurring financial charges65 | €2k | €6k | €6k | €6k | €6k | ▼ 8.6% |
| Profit (loss) for the period before taxes9903 | €26k | €25k | €76k | €40k | €14k | ▼ 64.6% |
| Income taxes67/77 | €9k | €9k | €20k | €13k | €6k | ▼ 53.1% |
| Profit (loss) for the period9904 | €17k | €16k | €56k | €27k | €8k | ▼ 70.3% |
| Profit (loss) for the period to be appropriated9905 | €17k | €16k | €56k | €27k | €8k | ▼ 70.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €552k | €619k | €666k | €635k | €605k | ▼ 4.6% |
| Fixed assets21/28 | €477k | €513k | €499k | €527k | €496k | ▼ 6.0% |
| Intangible fixed assets21 | - | - | €3k | €4k | €2k | ▼ 49.9% |
| Tangible fixed assets22/27 | €477k | €513k | €496k | €522k | €493k | ▼ 5.7% |
| Land and buildings22 | €475k | €512k | €496k | €518k | €488k | ▼ 5.8% |
| Plant, machinery and equipment23 | €1k | €968 | €574 | €181 | - | - |
| Furniture and vehicles24 | - | - | - | €5k | €5k | ▲ 6.0% |
| Financial fixed assets28 | €650 | €650 | €650 | €650 | €770 | ▲ 18.5% |
| Current assets29/58 | €75k | €106k | €166k | €108k | €110k | ▲ 2.0% |
| Stocks and contracts in progress3 | €16k | €11k | €12k | €13k | €11k | ▼ 15.4% |
| Stocks30/36 | €16k | €11k | €12k | €13k | €11k | ▼ 15.4% |
| Amounts receivable within one year40/41 | €27k | €44k | €47k | €44k | €34k | ▼ 21.2% |
| Trade receivables40 | €22k | €37k | €36k | €29k | €29k | ▼ 0.6% |
| Other amounts receivable41 | €5k | €8k | €11k | €15k | €6k | ▼ 61.9% |
| Cash at bank and in hand54/58 | €32k | €47k | €105k | €50k | €63k | ▲ 27.0% |
| Deferred charges and accrued income490/1 | €630 | €3k | €2k | €1k | €1k | ▲ 2.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €552k | €619k | €666k | €635k | €605k | ▼ 4.6% |
| Equity10/15 | €79k | €95k | €116k | €128k | €121k | ▼ 5.5% |
| Contributions10/11 | €27k | €27k | €27k | €27k | €27k | = |
| Reserves13 | €52k | €69k | €90k | €101k | €94k | ▼ 7.0% |
| Non-distributable reserves130/1 | €3k | €3k | - | - | - | - |
| Reserves not available under the articles1311 | €3k | €3k | - | - | - | - |
| Distributable reserves133 | €50k | €66k | €90k | €101k | €94k | ▼ 7.0% |
| Profit (loss) carried forward14 | €204 | €256 | €395 | €443 | €461 | ▲ 4.0% |
| Amounts payable17/49 | €473k | €524k | €549k | €507k | €484k | ▼ 4.4% |
| Amounts payable after more than one year17 | €421k | €447k | €425k | €402k | €379k | ▼ 5.7% |
| Financial debts170/4 | €421k | €447k | €425k | €402k | €379k | ▼ 5.7% |
| Amounts payable within one year42/48 | €45k | €70k | €112k | €94k | €95k | ▲ 0.9% |
| Current portion of amounts payable after more than one year42 | €20k | €22k | €22k | €23k | €23k | ▲ 1.3% |
| Financial debts43 | - | €3 | - | - | - | - |
| Credit institutions430/8 | - | €3 | - | - | - | - |
| Trade debts44 | €2k | €14k | €9k | €9k | €17k | ▲ 86.1% |
| Suppliers440/4 | €2k | €14k | €9k | €9k | €17k | ▲ 86.1% |
| Taxes, remuneration and social security45 | €21k | €32k | €44k | €44k | €37k | ▼ 16.2% |
| Taxes450/3 | €14k | €27k | €34k | €40k | €32k | ▼ 20.1% |
| Remuneration and social security454/9 | €7k | €5k | €11k | €5k | €5k | ▲ 17.7% |
| Other amounts payable47/48 | €2k | €2k | €37k | €17k | €17k | ▼ 2.0% |
| Accrued charges and deferred income492/3 | €7k | €6k | €12k | €10k | €10k | ▼ 1.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €16k | €56k | €27k | €8k | ▼ 70.3% |
| + Depreciation and write-downs630 | €3k | €23k | €25k | €30k | €37k | ▲ 23.7% |
| Operating cash flow (approximation) | €19k | €39k | €81k | €57k | €45k | ▼ 20.5% |
| Investment in fixed assets (approximation) | - | €-59k | €-11k | €-58k | €-6k | ▲ 90.2% |
| Change in cash | - | €15k | €59k | €-56k | €13k | ▲ 124% |
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
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €56k ▲245%
Operating result €82k, net result €56k, both a record.
31-12
Financial
Equity above €100kEq €116k ▲22%
6 profitable years in a row build equity to €116k.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €7k ▼75.3%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
12-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Chastre · 1 establishment unit since 2005
Ground area
3,290 m²
Building footprint
144 m²
Volume, LiDAR
1,072 m³
2 parcels, Flanders, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MI-FLEURS
since 20052.144.873.304
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23543I0354/00A002 | Flanders | 1,876 m² | 1 · 76 m² | 9.7 m · 2 fl. |
| 25017A0626/00E000 | Wallonia | 1,414 m² | 1 · 68 m² | 9.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,387 companies in sector 47761 we hold annual accounts for 1,156. 934 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
Founded06-01-2005
Fiscal year end31-12
Activities, NACEBEL 2025
47761Retail sale of flowers, plants, seeds and fertilisers
77226Rental and leasing activities
81300Landscape service activities
Contact
E-mail
nola@mifleurs.beOverijse
Phone
0486/373432Overijse
Scores and ratios are computed by Checked and are not a credit decision.