Miatex
ActiveSummary
Miatex has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65k and a net result of €-20k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 38% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability11▲+6
Solvency45▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.4 against 1.44 in 2024; short-term debt: 70.5% and cash: 0.5% of total assets), and 79.5% 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.
+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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
20.5%
Return on assets
-6.3%
Age of the figures
9 mo
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 €-20k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
44 d early
2023
40 d early
2022
35 d early
2021
41 d early
2020
31 d early
2019
37 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 31-12-2026 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, micro schema
Equity
€65k▼ 23.6%
2024 · €86k
Total assets
€319k▼ 13.9%
2024 · €371k
Net result
€-20k▲ 49.2%
2024 · €-40k
Working capital
€90k▼ 20.0%
2024 · €113k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€27k€35k▲ 32.5%€41k▲ 15.9%€-27k€-11k▲ 60.7%
Net result€20k€26k▲ 29.0%€22k▼ 13.5%€-40k€-20k▲ 49.2%
Equity€78k▲ 34.7%€103k▲ 33.2%€126k▲ 21.6%€86k▼ 31.8%€65k▼ 23.6%
Total assets€412k▲ 12.2%€402k▼ 2.5%€418k▲ 3.9%€371k▼ 11.2%€319k▼ 13.9%
Debt€335k▲ 8.1%€299k▼ 10.8%€292k▼ 2.2%€285k▼ 2.4%€254k▼ 11.0%
Working capital€147k▲ 41.2%€141k▼ 4.3%€139k▼ 1.2%€113k▼ 18.8%€90k▼ 20.0%
Staff (FTE)2.3▲ 15.0%2▼ 13.0%2.5▲ 25.0%2.5=2▼ 20.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €27k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €319k
Fixed assets
€4k ▲ 24.3%
Current assets
€315k ▼ 14.2%
Equity and liabilities €319k
Equity
€65k ▼ 23.6%
Debt
€254k ▼ 11.0%
Debt's share of the balance-sheet total rises from 76.9% to 79.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-10k▲
2024 · €-27k
Cash flow
€-19k▲
2024 · €-39k
Current ratio
1.40▼
2024 · 1.44
Quick ratio
0.03▼
2024 · 0.03
Debt to equity
3.88▲
2024 · 3.33
ROE
-31.0%▲
2024 · -46.6%
ROA
-6.3%▲
2024 · -10.8%
Interest coverage
-1.05▲
2024 · -2.13
Debt ≤ 1 year
€225k▼
2024 · €255k
Income taxes
€223▲
2024 · €198
Staff costs
€68k▼
2024 · €72k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €52k | €67k | €69k | €72k | €68k | ▼ 5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €384 | €561 | €602 | €776 | ▲ 28.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €-33k | - | - | - | - | - |
| Other operating charges640/8 | €2k | €3k | €2k | €2k | €1k | ▼ 38.3% |
| Gross operating margin9900 | €53k | €105k | €113k | €47k | €59k | ▲ 25.3% |
| Operating profit (loss)9901 | €27k | €35k | €41k | €-27k | €-11k | ▲ 60.7% |
| Financial income75/76B | €154 | €214 | €30 | €152 | €211 | ▲ 39.2% |
| Recurring financial income75 | €154 | €214 | €30 | €152 | €211 | ▲ 39.2% |
| Financial charges65/66B | €7k | €6k | €12k | €13k | €10k | ▼ 24.2% |
| Recurring financial charges65 | €7k | €6k | €12k | €13k | €10k | ▼ 24.2% |
| Profit (loss) for the period before taxes9903 | €20k | €30k | €30k | €-40k | €-20k | ▲ 49.6% |
| Income taxes67/77 | €196 | €4k | €7k | €198 | €223 | ▲ 12.7% |
| Profit (loss) for the period9904 | €20k | €26k | €22k | €-40k | €-20k | ▲ 49.2% |
| Profit (loss) for the period to be appropriated9905 | €20k | €26k | €22k | €-40k | €-20k | ▲ 49.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €412k | €402k | €418k | €371k | €319k | ▼ 13.9% |
| Fixed assets21/28 | €4k | €3k | €4k | €3k | €4k | ▲ 24.3% |
| Tangible fixed assets22/27 | €4k | €3k | €4k | €3k | €3k | ▲ 8.8% |
| Plant, machinery and equipment23 | €4k | €3k | €4k | €3k | €3k | ▲ 8.8% |
| Financial fixed assets28 | - | - | - | - | €500 | - |
| Current assets29/58 | €409k | €399k | €414k | €368k | €315k | ▼ 14.2% |
| Stocks and contracts in progress3 | €300k | €280k | €386k | €359k | €308k | ▼ 14.2% |
| Stocks30/36 | €300k | €280k | €386k | €359k | €308k | ▼ 14.2% |
| Amounts receivable within one year40/41 | €3k | €8k | €9k | €6k | €3k | ▼ 46.3% |
| Trade receivables40 | €3k | €8k | €6k | €3k | €3k | ▼ 9.2% |
| Other amounts receivable41 | - | - | €3k | €2k | €52 | ▼ 97.9% |
| Cash at bank and in hand54/58 | €104k | €106k | €17k | €1k | €2k | ▲ 43.5% |
| Deferred charges and accrued income490/1 | €986 | €5k | €3k | €1k | €2k | ▲ 63.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €412k | €402k | €418k | €371k | €319k | ▼ 13.9% |
| Equity10/15 | €78k | €103k | €126k | €86k | €65k | ▼ 23.6% |
| Contributions10/11 | €20k | €20k | €20k | €20k | €20k | = |
| Reserves13 | €74k | €83k | €106k | €106k | €106k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €72k | €81k | €106k | €106k | €106k | = |
| Profit (loss) carried forward14 | €-17k | - | - | €-40k | €-60k | ▼ 50.8% |
| Amounts payable17/49 | €335k | €299k | €292k | €285k | €254k | ▼ 11.0% |
| Amounts payable after more than one year17 | €62k | €19k | - | €10k | - | - |
| Financial debts170/4 | €62k | €19k | - | €10k | - | - |
| Amounts payable within one year42/48 | €262k | €258k | €275k | €255k | €225k | ▼ 11.6% |
| Current portion of amounts payable after more than one year42 | €36k | €42k | €19k | €12k | €10k | ▼ 12.7% |
| Financial debts43 | €100k | €75k | €135k | €113k | €100k | ▼ 11.5% |
| Credit institutions430/8 | €100k | €75k | €135k | €113k | €100k | ▼ 11.5% |
| Trade debts44 | €870 | €937 | €70 | €11k | €10k | ▼ 11.3% |
| Suppliers440/4 | €870 | €937 | €70 | €11k | €10k | ▼ 11.3% |
| Taxes, remuneration and social security45 | €21k | €39k | €24k | €25k | €22k | ▼ 13.2% |
| Taxes450/3 | €21k | €39k | €24k | €25k | €22k | ▼ 13.2% |
| Other amounts payable47/48 | €103k | €100k | €97k | €94k | €83k | ▼ 11.4% |
| Accrued charges and deferred income492/3 | €12k | €22k | €17k | €20k | €29k | ▲ 43.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €26k | €22k | €-40k | €-20k | ▲ 49.2% |
| + Depreciation and write-downs630 | €5k | €384 | €561 | €602 | €776 | ▲ 28.9% |
| Operating cash flow (approximation) | €25k | €26k | €23k | €-39k | €-19k | ▲ 50.4% |
| Investment in fixed assets (approximation) | - | €0 | €-1k | €0 | €-2k | - |
| Change in cash | - | €2k | €-89k | €-16k | €517 | ▲ 103% |
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
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-40k
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €26k ▲29%
Net result €26k, the highest in the series.
31-12
Financial
Equity above €100kEq €103k ▲33.2%
2 profitable years in a row build equity to €103k.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €20k
Net result €20k after 2 loss-making years.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Moorslede · 1 establishment unit since 2015
Ground area
607 m²
Building footprint
475 m²
Volume, LiDAR
2,209 m³
Parcel 36012A0350/00F010, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Miatex
since 20152.247.146.837
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36012A0350/00F010 | Flanders | 607 m² | 1 · 475 m² | 10.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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Of 6,498 companies in sector 47716 we hold annual accounts for 2,438. 1,874 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
Founded02-11-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
95290Repair and maintenance of other personal and household goods
Contact
E-mail
info@miatex.beMoorslede
Phone
051777773Moorslede
Scores and ratios are computed by Checked and are not a credit decision.