MIARDINE
ActiveSummary
MIARDINE has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.71M and a net result of €88k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 93% of 3121 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▲+5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €600k at 30 days acceptable
Liquidity ample (current ratio 7.63 against 7.36 in 2024; short-term debt: 5.9% and cash: 1.1% of total assets), and 10.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
89.6%
Return on assets
1%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-09-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
1 d early
2023
8 d late
2022
34 d early
2021
26 d early
2020
9 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€7.71M▲ 1.2%
2024 · €7.62M
2019: €7.42M
2020: €7.48M
2021: €7.51M
2022: €7.55M
2023: €7.56M
2024: €7.62M
2019 → 2025
Total assets
€8.60M▲ 0.3%
2024 · €8.57M
2019: €8.57M
2020: €8.58M
2021: €8.57M
2022: €8.56M
2023: €8.52M
2024: €8.57M
2019 → 2025
Net result
€88k▲ 41.9%
2024 · €62k
2019: €56k
2020: €59k
2021: €33k
2022: €83k
2023: €11k
2024: €62k
2019 → 2025
Working capital
€3.37M▼ 0.3%
2024 · €3.38M
2019: €2.92M
2020: €3.04M
2021: €3.15M
2022: €3.29M
2023: €3.32M
2024: €3.38M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7.51M-€7.55M▲ 0.4%€7.56M▲ 0.1%€7.62M▲ 0.8%€7.71M▲ 1.2%
Operating result€-26k-€34k€-26k€-1k▲ 96.1%€-14k▼ 1,253%
Net result€33k-€83k▲ 154%€11k▼ 86.7%€62k▲ 463%€88k▲ 41.9%
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 stays negative: a loss of €14k in 2025 against €1k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €8.60M
Fixed assets
€4.72M ▲ 1.3%
Current assets
€3.88M ▼ 0.8%
Equity and liabilities €8.60M
Equity
€7.71M ▲ 1.2%
Provisions
€21k ▲ 38.1%
Debt
€870k ▼ 7.1%
Debt's share of the balance-sheet total falls from 10.9% to 10.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€105k▲
2024 · €105k
Cash flow
€207k▲
2024 · €168k
Current ratio
7.63▲
2024 · 7.36
Debt to equity
0.11▼
2024 · 0.12
ROE
1.1%▲
2024 · 0.8%
ROA
1.0%▲
2024 · 0.7%
Interest coverage
3.92▲
2024 · 3.41
Debt ≤ 1 year
€508k▼
2024 · €531k
Debt > 1 year
€362k▼
2024 · €405k
Income taxes
€29k▼
2024 · €30k
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 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€8.57M€8.60M▲
Fixed assets21/28€4.66M€4.72M▲
Tangible fixed assets22/27€4.66M€4.72M▲
Land and buildings22€4.64M€4.58M▼
Plant, machinery and equipment23€1k€16k▲
Furniture and vehicles24€16k€126k▲
Financial fixed assets28€900€900=
Current assets29/58€3.91M€3.88M▼
Amounts receivable within one year40/41€534k€616k▲
Trade receivables40€320€800▲
Other amounts receivable41€533k€616k▲
Current investments50/53€3.23M€3.10M▼
Cash at bank and in hand54/58€83k€94k▲
Deferred charges and accrued income490/1€63k€69k▲
Equity and liabilities
Total equity and liabilities10/49€8.57M€8.60M▲
Equity10/15€7.62M€7.71M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€753k€753k=
Reserves13€2.47M€6.89M▲
Non-distributable reserves130/1€46k€46k=
Legal reserve130€46k€46k=
Tax-exempt reserves132€46k€63k▲
Distributable reserves133€2.38M€6.78M▲
Profit (loss) carried forward14€4.33M-
Provisions and deferred taxes16€15k€21k▲
Deferred taxes168€15k€21k▲
Amounts payable17/49€936k€870k▼
Amounts payable after more than one year17€405k€362k▼
Financial debts170/4€386k€342k▼
Other amounts payable178/9€19k€20k▲
Amounts payable within one year42/48€531k€508k▼
Current portion of amounts payable after more than one year42€43k€44k▲
Trade debts44€830€2k▲
Suppliers440/4€830€2k▲
Taxes, remuneration and social security45€29k€12k▼
Taxes450/3€29k€12k▼
Other amounts payable47/48€457k€450k▼
Income statement
Code20242025
Non-recurring operating income76A-€30k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€106k€119k▲
Other operating charges640/8€23k€30k▲
Gross operating margin9900€128k€135k▲
Operating profit (loss)9901€-1k€-14k▼
Financial income75/76B€135k€167k▲
Recurring financial income75€108k€108k▼
Non-recurring financial income76B€27k€59k▲
Financial charges65/66B€42k€30k▼
Recurring financial charges65€31k€27k▼
Non-recurring financial charges66B€12k€3k▼
Profit (loss) for the period before taxes9903€91k€123k▲
Transfer from deferred taxes780€913€2k▲
Transfer to deferred taxes680-€8k
Income taxes67/77€30k€29k▼
Profit (loss) for the period9904€62k€88k▲
Transfer from tax-exempt reserves789€3k€5k▲
Transfer to tax-exempt reserves689-€23k
Profit (loss) for the period to be appropriated9905€65k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€4.33M€4.40M▲
Profit (loss) brought forward from the previous period14P€4.26M€4.33M▲
Transfer to equity691/2-€4.40M
To other reserves6921-€4.40M
The notes to these accounts (11 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
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €88k ▲41.9%
Net result €88k, the highest in the series.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
08-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
31-03
Financial
Weakest financial yearnet €11k ▼86.7%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
05-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Bilzen-Hoeselt · 1 establishment unit since 1991
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.
Groenstraat 33730 Bilzen-HoeseltGround area
3,187 m²
Building footprint
631 m²
Volume, LiDAR
3,976 m³
Parcel 73032D0122/00D000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Groenstraat 3, 3730 Bilzen-Hoeselt
since 19912.052.523.661
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73032D0122/00D000 | Flanders | 3,187 m² | 1 · 631 m² | 10.6 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
967600JSNIGHS4ZFSM72
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Of 5,167 companies in sector 01110 we hold annual accounts for 612. 153 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-04-1991
Fiscal year end31-03
Activities, NACEBEL 2025
01110Growing of cereals (except rice), leguminous crops and oil seeds
01199Crop and animal production, hunting and related service activities
01610Support activities for crop production
01620Support activities for animal production
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.