MIA
ActiveSummary
MIA has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €140k and a net result of €-17k. Equity is shrinking by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability3▼-7
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
short-term debt: 0.5% and cash: 3.4% of total assets, and 0.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-17k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
20 d late
2024
26 d late
2023
27 d late
2022
29 d late
2021
19 d late
2020
53 d late
2019
75 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, abbreviated schema
Turnover
€115k
EBIT margin
37.3%
Net result
€-17k▲ 0.3%
2024 · €-17k
2018: €33khighest in 8 years
2019: €-75k▼ -326% vs 2018lowest in 8 years
2020: €-42k▲ +43.9% vs 2019
2021: €-19k▲ +54.0% vs 2020
2022: €22k▲ +215% vs 2021
2023: €-12k▼ -155% vs 2022
2024: €-17k▼ -42.5% vs 2023
2025: €-17k▲ +0.3% vs 2024
2018 → 2025
Working capital
€139k▼ 11.6%
2024 · €157k
2018: €64k
2019: €-14k▼ -122% vs 2018
2020: €-71k▼ -400% vs 2019lowest in 8 years
2021: €120k▲ +270% vs 2020
2022: €187k▲ +55.4% vs 2021highest in 8 years
2023: €175k▼ -6.4% vs 2022
2024: €157k▼ -10.0% vs 2023
2025: €139k▼ -11.6% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€165k-€187k▲ 13.4%€175k▼ 6.6%€157k▼ 10.0%€140k▼ 11.1%
2021: €165k
2022: €187k▲ +13.4% vs 2021highest in 5 years
2023: €175k▼ -6.6% vs 2022
2024: €157k▼ -10.0% vs 2023
2025: €140k▼ -11.1% vs 2024lowest in 5 years
Operating result€-17k-€25k€-15k€-22k▼ 42.2%€-20k▲ 7.4%
2021: €-17k
2022: €25k▲ +248% vs 2021highest in 5 years
2023: €-15k▼ -161% vs 2022
2024: €-22k▼ -42.2% vs 2023lowest in 5 years
2025: €-20k▲ +7.4% vs 2024
Net result€-19k-€22k€-12k€-17k▼ 42.5%€-17k▲ 0.3%
2021: €-19klowest in 5 years
2022: €22k▲ +215% vs 2021highest in 5 years
2023: €-12k▼ -155% vs 2022
2024: €-17k▼ -42.5% vs 2023
2025: €-17k▲ +0.3% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €20k in 2025 against €22k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €141k
Fixed assets
€894
Current assets
€140k
Equity and liabilities €141k
Equity
€140k ▼ 11.1%
Debt
€768 ▼ 7.5%
Debt's share of the balance-sheet total stays at 0.5%.
Key figures and ratios
EBITDA
€-20k
Cash flow
€-17k
Debt to equity
0.01▲
2024 · 0.01
ROE
-12.5%▼
2024 · -11.1%
ROA
-12.4%▼
2024 · -11.1%
Interest coverage
-16.87
Debt ≤ 1 year
€768▼
2024 · €830
Income taxes
€58▼
2024 · €174
A ratio outside any meaningful range has been withheld (balance sheet total €141k, equity €140k).
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 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€158k€141k▼
Fixed assets21/28-€894
Tangible fixed assets22/27-€894
Furniture and vehicles24-€894
Current assets29/58€158k€140k▼
Amounts receivable within one year40/41€151k€135k▼
Other amounts receivable41€151k€135k▼
Cash at bank and in hand54/58€7k€5k▼
Equity and liabilities
Total equity and liabilities10/49€158k€141k▼
Equity10/15€157k€140k▼
Contributions10/11€19k€19k=
Reserves13€315k€315k=
Distributable reserves133€315k€315k=
Profit (loss) carried forward14€-177k€-194k▼
Amounts payable17/49€830€768▼
Amounts payable within one year42/48€830€768▼
Trade debts44€482€710▲
Suppliers440/4€482€710▲
Taxes, remuneration and social security45€347€58▼
Taxes450/3€347€58▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€255
Other operating charges640/8€1k€768▼
Non-recurring operating charges66A€215-
Gross operating margin9900€-20k€-19k▲
Operating profit (loss)9901€-22k€-20k▲
Financial income75/76B€6k€4k▼
Recurring financial income75€6k€4k▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-17k€-17k▼
Income taxes67/77€174€58▼
Profit (loss) for the period9904€-17k€-17k▲
Profit (loss) for the period to be appropriated9905€-17k€-17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-177k€-194k▼
Profit (loss) brought forward from the previous period14P€-159k€-177k▼
The notes to these accounts (6 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23k | €2k | €265 | - | €255 | - |
| Other operating charges640/8 | €2k | €2k | €578 | €1k | €768 | ▼ 40.6% |
| Non-recurring operating charges66A | - | - | - | €215 | - | - |
| Gross operating margin9900 | €8k | €30k | €-15k | €-20k | €-19k | ▲ 5.6% |
| Operating profit (loss)9901 | €-17k | €25k | €-15k | €-22k | €-20k | ▲ 7.4% |
| Financial income75/76B | €0 | €2k | €5k | €6k | €4k | ▼ 32.7% |
| Recurring financial income75 | €0 | €2k | €5k | €6k | €4k | ▼ 32.7% |
| Financial charges65/66B | €1k | €1k | €2k | €1k | €1k | ▼ 19.9% |
| Recurring financial charges65 | €1k | €1k | €2k | €1k | €1k | ▼ 19.9% |
| Profit (loss) for the period before taxes9903 | €-18k | €26k | €-12k | €-17k | €-17k | ▼ 0.4% |
| Income taxes67/77 | €991 | €4k | €173 | €174 | €58 | ▼ 66.7% |
| Profit (loss) for the period9904 | €-19k | €22k | €-12k | €-17k | €-17k | ▲ 0.3% |
| Profit (loss) for the period to be appropriated9905 | €-19k | €22k | €-12k | €-17k | €-17k | ▲ 0.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €200k | €189k | €176k | €158k | €141k | ▼ 11.1% |
| Fixed assets21/28 | €45k | €265 | - | - | €894 | - |
| Tangible fixed assets22/27 | €45k | €265 | - | - | €894 | - |
| Plant, machinery and equipment23 | €2k | - | - | - | - | - |
| Furniture and vehicles24 | €43k | €265 | - | - | €894 | - |
| Current assets29/58 | €156k | €188k | €176k | €158k | €140k | ▼ 11.6% |
| Amounts receivable within one year40/41 | €46k | €45k | €161k | €151k | €135k | ▼ 10.9% |
| Other amounts receivable41 | €46k | €45k | €161k | €151k | €135k | ▼ 10.9% |
| Cash at bank and in hand54/58 | €110k | €143k | €15k | €7k | €5k | ▼ 28.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €200k | €189k | €176k | €158k | €141k | ▼ 11.1% |
| Equity10/15 | €165k | €187k | €175k | €157k | €140k | ▼ 11.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €315k | €315k | €315k | €315k | €315k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | - | - | - |
| Distributable reserves133 | €314k | €314k | €314k | €315k | €315k | = |
| Profit (loss) carried forward14 | €-169k | €-147k | €-159k | €-177k | €-194k | ▼ 9.9% |
| Amounts payable17/49 | €35k | €1k | €2k | €830 | €768 | ▼ 7.5% |
| Amounts payable within one year42/48 | €35k | €1k | €2k | €830 | €768 | ▼ 7.5% |
| Current portion of amounts payable after more than one year42 | €32k | - | - | - | - | - |
| Trade debts44 | €1k | €554 | €483 | €482 | €710 | ▲ 47.1% |
| Suppliers440/4 | €1k | €554 | €483 | €482 | €710 | ▲ 47.1% |
| Taxes, remuneration and social security45 | €2k | €898 | €1k | €347 | €58 | ▼ 83.3% |
| Taxes450/3 | €2k | €898 | €1k | €347 | €58 | ▼ 83.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-19k | €22k | €-12k | €-17k | €-17k | ▲ 0.3% |
| + Depreciation and write-downs630 | €23k | €2k | €265 | - | €255 | - |
| Operating cash flow (approximation) | €4k | €25k | €-12k | €-17k | €-17k | ▲ 1.7% |
| Investment in fixed assets (approximation) | - | €42k | - | - | - | - |
| Change in cash | - | €33k | €-128k | €-8k | €-2k | ▲ 76.9% |
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
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-12
Financial
Back to profitnet €22k
Net result €22k after 3 loss-making years.
31-12
Financial
Liquidity times 30current ratio 129.67
Current ratio from 4.39 to 129.67; short-term debt falls from €35k to €1k.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 19 days late
2021
31-12
Financial
Liquidity times 8current ratio 4.39
Current ratio from 0.54 to 4.39; short-term debt falls from €153k to €35k.
22-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 53 days late
2020
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 75 days late
2019
31-12
Financial
Weakest financial yearnet €-75k
Net result drops to €-75k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 22 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 24 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 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, Brasschaat · 1 establishment unit since 2011
Ground area
5,566 m²
Building footprint
908 m²
Volume, LiDAR
3,207 m³
2 parcels, Flanders · tallest building 18.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MIA
since 20112.196.190.460
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322E0218/00N000 | Flanders | 3,740 m² | 1 · 636 m² | 10.7 m · 1 fl. |
| 11322E0221/00W000 | Flanders | 1,826 m² | 1 · 273 m² | 18.9 m |
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 82,632 companies in sector 70200 we hold annual accounts for 52,575. 40,877 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
Founded25-01-2011
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
63920Other information service activities
64210Activities of holding companies
73300Public relations and communication consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.