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MI'H CONCEPT

Active Private limited companyfounded 2015active for 11 yearsGeorges Garnirstraat 22, 1030 SchaerbeekKBO/BCE: BE 0634.572.713

Lifetime

10 annual accounts with figures on one time axis
peak €41,641 (2017)
€403▼ 77.5%
lowest -€3,728 (2019)
-€3,089▼ €3,955
peak €44,639 (2024)
€41,549▼ 6.9%
€6,954▲ 17.3%
Board1 name since 2024
1 director
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €1,794 to €403Loss of €3,089Debts from €5,929 to €6,954Cash from €7,994 to €4,084

Key points

from the 2025 annual accounts

Turnover

≈ €5,400 estimated

The accounts state no turnover.

Filings

10 annual accounts 7 late
AprilJune31 JulyOctober20202025

The 2019 accounts came latest: 117 days after the end of the period.

Position in the sector

85.7%

Higher solvency than 90% of companies in specialised construction. Sector median 46.7% · 35,156 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,908 companies had the same profile as MI'H CONCEPT has now. Each dot stands for 18 companies, two years later.

90.9%
were still trading
7.8%
stopped another way
1.1%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 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 6,908 companies, not a prediction for MI'H CONCEPT. 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.

Credit verdict

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

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0634572713
Change of role: , from manager to director Permanent representative: · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 26-12-2023 · Gazette deed
First establishment Georges Garnirstraat 22, Schaerbeek
Incorporation published on 27-07-2015 · Gazette deed
All 19 events

Comparable companies

same main activity, similar in size and age
Company
MI'H CONCEPT Schaerbeek - - 85.7% -
P & P BATI Forest - - 39.2% -
DETECT PLUS Molenbeek-Saint-Jean - - 22.7% -
Nevermind Berchem-Sainte-Agathe - - 51.8% -
CRISCAT Anderlecht €40,645 -8.0% 64.3% -
KMV CONSTRUCT Berchem-Sainte-Agathe €465,008 -6.3% 58.8% -
ART ET RENOVATION Ohey - - -580.7% -

These companies have the same main activity as MI'H CONCEPT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €46,800 and €58,500, founded between 2014 and 2016.

Official details

Source: KBO
Status
Active since 23-07-2015Normal situation
Activity
Other specialised construction activitiesNACE 43990
Establishment unit
2.243.886.3501030 Schaerbeek, since 29-07-2015
Financial year end
31 December
Peppol
Reachable since 29-01-2026
Company details

Annual accounts 2025

€48,503▼ 4.1%
Filing
Filed on 31-08-2026
Financials

Insights on MI'H CONCEPT

MI'H CONCEPT files the micro format. That format states no turnover. The gross margin fell from €21,561 in 2016 to €403 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about MI'H CONCEPT

What is the company number of MI'H CONCEPT?
The company number of MI'H CONCEPT is 0634.572.713. The VAT number is the same number with BE in front: BE 0634.572.713.
Where is MI'H CONCEPT based?
The registered office is at Georges Garnirstraat 22, 1030 Schaerbeek.Company details
What does MI'H CONCEPT do?
According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of MI'H CONCEPT?
MI'H CONCEPT is a private limited company (BV).
When was MI'H CONCEPT founded?
MI'H CONCEPT was founded on 23-07-2015.
Is MI'H CONCEPT still active?
Yes, MI'H CONCEPT is an active enterprise in the KBO register.
What is the turnover of MI'H CONCEPT?
The turnover in financial year 2025 is ≈ €5,400. This figure is estimated from the gross margin of €403 and 201 comparable companies (NACE 43990). It probably lies between €2,900 and €10,000. It is a rough estimate. In financial year 2023 turnover was €59,190.Financials
Is MI'H CONCEPT profitable?
In financial year 2025, MI'H CONCEPT made a loss of €3,089.
Where can I find the annual accounts of MI'H CONCEPT?
MI'H CONCEPT filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MI'H CONCEPT due?
MI'H CONCEPT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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