MIARELLI

Active

Private limited companyfounded 20214 yrs activeChemin Sous le Courtil 2, 5590 Ciney, BelgiumKBO/BCE: BE 0778.903.070

The computed 12-month bankruptcy probability of MIARELLI is 3.8% (moderate). The 2025 annual accounts show equity of €51k and a net result of €53k. Equity is growing by ~46.4% per year across the filed fiscal years. Its solvency ranks better than 44% of 13159 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

60 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100▲+33

Solvency49▼-4

Growth78=

Track record94

Bankruptcy probability, 12 months

3.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days acceptable

Liquidity tight (current ratio 1.09 against 1.36 in 2024; short-term debt: 74.9% and cash: 78.8% of total assets), and 76.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

23.9%

Return on assets

25.1%

Age of the figures

9 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

1 d early

2024

45 d late

2023

30 d late

2022

16 d late

← before the deadline after the deadline →

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 months

Position in the running window

19-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€51k▲ 12.9%

2024 · €45k

2022: €8k 2023: €26k 2024: €45k

2022 → 2025

Total assets

€212k▲ 33.8%

2024 · €158k

2022: €63k 2023: €118k 2024: €158k

2022 → 2025

Net result

€53k▲ 185%

2024 · €19k

2022: €-2k 2023: €19k 2024: €19k

2022 → 2025

Working capital

€14k▼ 63.5%

2024 · €39k

2022: €-13k 2023: €6k 2024: €39k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€8k-€26k▲ 245%€45k▲ 71.1%€51k▲ 12.9%

Operating result€-1k-€21k€25k▲ 18.1%€59k▲ 141%

Net result€-2k-€19k€19k▲ 0.2%€53k▲ 185%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen three years in a row; 2025 is 141% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €211k

18.3%

81.7%

Fixed assets €39k▲ 257%

Current assets €173k▲ 17.7%

Equity and liabilities €212k

23.9%

76.1%

Equity €51k▲ 12.9%

Debt €161k▲ 42.1%

The debt ratio rises from 71.6% to 76.1%. Equity and debt are higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€74k▲

2024 · €32k

Cash flow

€68k▲

2024 · €26k

Solvency

23.9%▼

2024 · 28.4%

Current ratio

1.09▼

2024 · 1.36

Quick ratio

1.07▼

2024 · 1.23

Debt / equity

3.18▲

2024 · 2.53

ROE

104.8%▲

2024 · 41.6%

ROA

25.1%▲

2024 · 11.8%

Interest coverage

34.04▲

2024 · -68.80

Debt

€161k▲

2024 · €113k

Debt ≤ 1 year

€158k▲

2024 · €108k

Debt > 1 year

€3k▼

2024 · €6k

Income taxes

€4k▼

2024 · €6k

Staff costs

€51k▼

2024 · €61k

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€158k€212k▲

Formation expenses20€573€298▼

Fixed assets21/28€11k€39k▲

Tangible fixed assets22/27€11k€38k▲

Plant, machinery and equipment23€11k€18k▲

Furniture and vehicles24-€21k

Financial fixed assets28€180€180=

Current assets29/58€147k€173k▲

Stocks and contracts in progress3€14k€2k▼

Stocks30/36€14k€2k▼

Amounts receivable within one year40/41€875€4k▲

Trade receivables40€875€3k▲

Other amounts receivable41-€240

Cash at bank and in hand54/58€132k€167k▲

Equity and liabilities

Total equity and liabilities10/49€158k€212k▲

Equity10/15€45k€51k▲

Contributions10/11€10k€10k=

Reserves13€1k€1k=

Non-distributable reserves130/1€1k€1k=

Reserves not available under the articles1311€1k€1k=

Profit (loss) carried forward14€34k€40k▲

Amounts payable17/49€113k€161k▲

Amounts payable after more than one year17€6k€3k▼

Financial debts170/4€6k€3k▼

Amounts payable within one year42/48€108k€158k▲

Current portion of amounts payable after more than one year42€5k€13k▲

Trade debts44€28k€39k▲

Suppliers440/4€28k€39k▲

Taxes, remuneration and social security45€71k€75k▲

Taxes450/3€23k€42k▲

Remuneration and social security454/9€48k€33k▼

Other amounts payable47/48€4k€31k▲

Income statement Code20242025

Remuneration, social security and pensions62€61k€51k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€15k▲

Other operating charges640/8€3k€9k▲

Non-recurring operating charges66A€14k€199▼

Gross operating margin9900€111k€134k▲

Operating profit (loss)9901€25k€59k▲

Financial income75/76B€68-

Recurring financial income75€68-

Financial charges65/66B€-465€2k▲

Recurring financial charges65€-465€2k▲

Profit (loss) for the period before taxes9903€25k€57k▲

Income taxes67/77€6k€4k▼

Profit (loss) for the period9904€19k€53k▲

Profit (loss) for the period to be appropriated9905€19k€53k▲

Appropriation of the result

Profit (loss) to be appropriated9906€34k€90k▲

Profit (loss) brought forward from the previous period14P€15k€37k▲

Profit to be distributed694/7-€50k

Directors or managers695-€50k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 6Financial 2Filings 4

Next filing, fiscal year 2026, expected by 31-07-2027

2026

30-07

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Highest result since 2022net €53k ▲185%

Operating result €59k, net result €53k, both a record.

14-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 45 days late

2024

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

2023

31-12

Financial Back to profitnet €19k

Net result €19k after one loss-making year.

16-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 16 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Ciney · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Chemin Sous le Courtil 25590 Ciney

Ground area

346 m²

Building footprint

58 m²

Parcel 91030C0660/00V000, Wallonia. Linked by address, not a title deed.

1 establishment unit

MIARELLI

Chemin Sous le Courtil 2, 5590 CineyFull-service restaurants

since 20222.326.182.932

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
91030C0660/00V000	Wallonia	346 m²	1 · 58 m²	-

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.

Similar companies · same sector, comparable size

Of 20,495 companies in sector 56111 we hold annual accounts for 11,455. 9,822 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded21-12-2021

Fiscal year end31-12

Activities, NACEBEL

56101Full-service restaurants

56111Full-service restaurants

56210Event catering

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries

E-mail:emilie.heck@hotmail.com

Enterprise

Phone:+32474592731

Enterprise