MI.KA
ActiveMI.KA has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €133k and a net result of €1k. Equity is growing by ~10.8% per year across the filed fiscal years. Its solvency ranks better than 57% of 3539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
82
/ 100
Excellent▲ +19 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▲+4
Solvency62▼-13
Growth52=
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.22 against 1.69 in 2024), and 63.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
36.3%
Return on assets
0.3%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
13 d early
2023
on the day
2022
21 d early
2021
on the day
2020
1 d early
2019
13 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close07-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€133k▲ 0.8%
2024 · €132k
2019: €79k
2020: €81k
2021: €105k
2022: €121k
2023: €138k
2024: €132k
2019 → 2025
Total assets
€366k▲ 7.0%
2024 · €342k
2019: €457k
2020: €367k
2021: €347k
2022: €413k
2023: €484k
2024: €342k
2019 → 2025
Net result
€1k
2024 · €-7k
2019: €2k
2020: €2k
2021: €24k
2022: €16k
2023: €18k
2024: €-7k
2019 → 2025
Working capital
€36k▼ 48.7%
2024 · €71k
2019: €49k
2020: €29k
2021: €79k
2022: €64k
2023: €74k
2024: €71k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€105k-€121k▲ 15.0%€138k▲ 14.8%€132k▼ 4.9%€133k▲ 0.8%
Operating result€41k-€19k▼ 52.6%€21k▲ 11.0%€5k▼ 77.1%€13k▲ 159%
Net result€24k-€16k▼ 34.6%€18k▲ 13.5%€-7k€1k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 159% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €366k
Fixed assets
€163k▼ 3.3%
Current assets
€203k▲ 17.0%
Equity and liabilities €366k
Equity
€133k▲ 0.8%
Debt
€233k▲ 10.9%
The debt ratio rises from 61.5% to 63.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€61k▲
2024 · €48k
Cash flow
€49k▲
2024 · €36k
Solvency
36.3%▼
2024 · 38.5%
Current ratio
1.22▼
2024 · 1.69
Quick ratio
1.19▼
2024 · 1.64
Debt / equity
1.76▲
2024 · 1.60
ROE
0.8%▲
2024 · -5.1%
ROA
0.3%▲
2024 · -2.0%
Interest coverage
5.25▲
2024 · 4.08
Debt
€233k▲
2024 · €210k
Debt ≤ 1 year
€167k▲
2024 · €103k
Debt > 1 year
€67k▼
2024 · €108k
Staff costs
€175k▲
2024 · €151k
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€342k€366k▲
Fixed assets21/28€168k€163k▼
Tangible fixed assets22/27€168k€162k▼
Land and buildings22€132k€104k▼
Plant, machinery and equipment23€5k€27k▲
Furniture and vehicles24€15k€19k▲
Other tangible fixed assets26€15k€12k▼
Financial fixed assets28€936€936=
Current assets29/58€174k€203k▲
Stocks and contracts in progress3€5k€6k▲
Stocks30/36€5k€6k▲
Amounts receivable within one year40/41€60k€32k▼
Trade receivables40€49k€14k▼
Other amounts receivable41€11k€18k▲
Cash at bank and in hand54/58€86k€145k▲
Deferred charges and accrued income490/1€23k€20k▼
Equity and liabilities
Total equity and liabilities10/49€342k€366k▲
Equity10/15€132k€133k▲
Contributions10/11€69k€69k=
Reserves13€32k€32k=
Non-distributable reserves130/1€7k€7k=
Reserves not available under the articles1311€7k€7k=
Distributable reserves133€25k€25k=
Profit (loss) carried forward14€31k€32k▲
Amounts payable17/49€210k€233k▲
Amounts payable after more than one year17€108k€67k▼
Financial debts170/4€79k€50k▼
Advances received on contracts in progress176€29k€16k▼
Amounts payable within one year42/48€103k€167k▲
Current portion of amounts payable after more than one year42€28k€29k▲
Financial debts43€585€842▲
Credit institutions430/8€585€842▲
Trade debts44€46k€123k▲
Suppliers440/4€46k€123k▲
Taxes, remuneration and social security45€28k€14k▼
Taxes450/3€9k-
Remuneration and social security454/9€19k€14k▼
Income statement
Code20242025
Remuneration, social security and pensions62€151k€175k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€48k▲
Other operating charges640/8€2k€7k▲
Gross operating margin9900€201k€243k▲
Operating profit (loss)9901€5k€13k▲
Financial income75/76B€12€10▼
Recurring financial income75€12€10▼
Financial charges65/66B€12k€12k▼
Recurring financial charges65€12k€12k▼
Profit (loss) for the period before taxes9903€-7k€1k▲
Profit (loss) for the period9904€-7k€1k▲
Profit (loss) for the period to be appropriated9905€-7k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€32k▲
Profit (loss) brought forward from the previous period14P€38k€31k▼
Social balance
Average headcount (FTE)90873.64.0▲
The notes to these accounts (10 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
18-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Weakest financial yearnet €-7k ▼138%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
10-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €24k ▲1060%
Operating result €41k, net result €24k, both a record.
30-06
Financial
Equity above €100kEq €105k ▲29.7%
3 profitable years in a row build equity to €105k.
30-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
13-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
23-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2025
ALL IN THE FAMILY
CurrentDirector · since 25-09-2025 · Limited partnership · perm. rep.: DE COCK Dirk
25-09-2025
Appointed as Director
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2011
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.
Middelheimlaan 632020 AntwerpenGround area
1,209 m²
Building footprint
284 m²
Volume, LiDAR
3,408 m³
Parcel 11812M0181/00_000, Flanders · tallest building 15.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MI.KA
since 20112.199.662.961
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11812M0181/00_000 | Flanders | 1,209 m² | 1 · 284 m² | 15.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
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OCTOPUSSY
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Royal
BE 0862.266.652
Knokke-Heist · Eq €133k
CATE
BE 0835.645.003
Damme · Eq €133k
TICOX
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Koksijde · Eq €133k
Of 20,228 companies in sector 56111 we hold annual accounts for 11,128. 9,038 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-06-2011
Fiscal year end30-06
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 07-09-2026. Scores and ratios are computed by Checked and are not a credit decision.