MIB
ActiveSummary
The computed 12-month bankruptcy probability of MIB is 5.5% (elevated). The 2025 annual accounts show negative equity (€-122k) and a net result of €-167k. Equity is shrinking by ~95.4% per year across the filed fiscal years. Its solvency ranks better than 15% of 3705 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability18▼-52
Solvency2▼-29
Growth32▼-26
Track record94
Bankruptcy probability, 12 months
5.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.57 against 0.8 in 2024; short-term debt: 92.2% and cash: 18.8% of total assets), and equity is negative.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
-22.8%
Return on assets
-31.2%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-122k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 5 filingsDeviation from the deadline
2025
25 d late
2024
31 d late
2023
13 d late
2022
32 d late
2021
4 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, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-167k
2024 · €8k
Working capital
€-212k▼ 148%
2024 · €-86k
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€32k-€-146k€-159k▼ 8.7%€7k€-137k
Net result€2k-€-161k€-171k▼ 6.2%€8k€-167k
Equity€369k-€207k▼ 43.7%€36k▼ 82.5%€45k▲ 23.3%€-122k
Total assets€1.54M-€1.30M▼ 15.0%€971k▼ 25.6%€802k▼ 17.4%€534k▼ 33.3%
Debt€1.17M-€1.10M▼ 6.0%€935k▼ 14.8%€757k▼ 19.0%€656k▼ 13.3%
Working capital€13k-€-60k€-121k▼ 102%€-86k▲ 29.4%€-212k▼ 148%
Staff (FTE)10.7-8.4▼ 21.5%11.9▲ 41.7%11.3▼ 5.0%9.9▼ 12.4%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €137k after €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €534k
Fixed assets
€254k ▼ 44.2%
Current assets
€281k ▼ 19.0%
Key figures and ratios
EBITDA
€64k▼
2024 · €213k
Cash flow
€35k▼
2024 · €214k
Solvency
-22.8%▼
2024 · 5.6%
Current ratio
0.57▼
2024 · 0.80
Quick ratio
0.52▼
2024 · 0.72
Debt to equity
-5.39▼
2024 · 16.90
ROA
-31.2%▼
2024 · 1.1%
Interest coverage
2.15▼
2024 · 19.02
Debt ≤ 1 year
€493k▲
2024 · €432k
Debt > 1 year
€163k▼
2024 · €324k
Income taxes
€0
Staff costs
€409k▼
2024 · €444k
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 | €417k | €315k | €418k | €444k | €409k | ▼ 7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €287k | €269k | €275k | €206k | €201k | ▼ 2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €0 | - | - | - | - | - |
| Other operating charges640/8 | €7k | €16k | €24k | €25k | €25k | ▼ 3.5% |
| Gross operating margin9900 | €743k | €453k | €558k | €682k | €497k | ▼ 27.1% |
| Operating profit (loss)9901 | €32k | €-146k | €-159k | €7k | €-137k | ▼ 2,162% |
| Financial income75/76B | - | €1 | €193 | €13k | €537 | ▼ 95.9% |
| Recurring financial income75 | - | €1 | €193 | €13k | €537 | ▼ 95.9% |
| Financial charges65/66B | €30k | €15k | €12k | €11k | €30k | ▲ 167% |
| Recurring financial charges65 | €30k | €15k | €12k | €11k | €30k | ▲ 167% |
| Profit (loss) for the period before taxes9903 | €2k | €-161k | €-171k | €8k | €-167k | ▼ 2,064% |
| Income taxes67/77 | €449 | €-313 | €0 | - | €0 | - |
| Profit (loss) for the period9904 | €2k | €-161k | €-171k | €8k | €-167k | ▼ 2,064% |
| Profit (loss) for the period to be appropriated9905 | €2k | €-161k | €-171k | €8k | €-167k | ▼ 2,064% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.54M | €1.30M | €971k | €802k | €534k | ▼ 33.3% |
| Formation expenses20 | €35k | €17k | €1k | €252 | €0 | ▼ 100% |
| Fixed assets21/28 | €1.12M | €892k | €640k | €455k | €254k | ▼ 44.2% |
| Intangible fixed assets21 | €25k | €12k | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €1.09M | €879k | €640k | €454k | €253k | ▼ 44.2% |
| Plant, machinery and equipment23 | €1.07M | €861k | €627k | €446k | €250k | ▼ 44.0% |
| Furniture and vehicles24 | €23k | €18k | €13k | €8k | €3k | ▼ 59.9% |
| Financial fixed assets28 | €198 | €198 | €198 | €198 | €198 | = |
| Current assets29/58 | €383k | €396k | €330k | €347k | €281k | ▼ 19.0% |
| Stocks and contracts in progress3 | €27k | €24k | €29k | €36k | €24k | ▼ 33.6% |
| Stocks30/36 | €27k | €24k | €29k | €36k | €24k | ▼ 33.6% |
| Amounts receivable within one year40/41 | €21k | €120k | €124k | €128k | €120k | ▼ 5.7% |
| Trade receivables40 | €0 | €0 | €86 | €160 | €70 | ▼ 56.3% |
| Other amounts receivable41 | €21k | €120k | €124k | €128k | €120k | ▼ 5.7% |
| Cash at bank and in hand54/58 | €271k | €214k | €143k | €148k | €100k | ▼ 32.1% |
| Deferred charges and accrued income490/1 | €63k | €37k | €34k | €35k | €36k | ▲ 2.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.54M | €1.30M | €971k | €802k | €534k | ▼ 33.3% |
| Equity10/15 | €369k | €207k | €36k | €45k | €-122k | ▼ 372% |
| Contributions10/11 | €367k | €367k | €367k | €367k | €367k | = |
| Profit (loss) carried forward14 | €2k | €-160k | €-331k | €-322k | €-489k | ▼ 51.7% |
| Amounts payable17/49 | €1.17M | €1.10M | €935k | €757k | €656k | ▼ 13.3% |
| Amounts payable after more than one year17 | €797k | €641k | €483k | €324k | €163k | ▼ 49.7% |
| Financial debts170/4 | €797k | €641k | €483k | €324k | €163k | ▼ 49.7% |
| Amounts payable within one year42/48 | €370k | €456k | €451k | €432k | €493k | ▲ 14.0% |
| Current portion of amounts payable after more than one year42 | €167k | €169k | €171k | €173k | €174k | ▲ 1.1% |
| Trade debts44 | €168k | €252k | €221k | €201k | €257k | ▲ 27.9% |
| Suppliers440/4 | €168k | €252k | €221k | €201k | €257k | ▲ 27.9% |
| Taxes, remuneration and social security45 | €34k | €35k | €59k | €59k | €61k | ▲ 4.2% |
| Taxes450/3 | €443 | €514 | €197 | €1k | €90 | ▼ 92.4% |
| Remuneration and social security454/9 | €34k | €34k | €59k | €58k | €61k | ▲ 6.2% |
| Other amounts payable47/48 | €122 | €114 | €668 | €343 | €471 | ▲ 37.3% |
| Accrued charges and deferred income492/3 | €899 | €756 | €610 | €463 | €315 | ▼ 32.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €-161k | €-171k | €8k | €-167k | ▼ 2,064% |
| + Depreciation and write-downs630 | €287k | €269k | €275k | €206k | €201k | ▼ 2.2% |
| Operating cash flow (approximation) | €289k | €108k | €104k | €214k | €35k | ▼ 83.8% |
| Investment in fixed assets (approximation) | - | €-42k | €-24k | €-21k | €-252 | ▲ 98.8% |
| Change in cash | - | €-57k | €-72k | €5k | €-48k | ▼ 1,029% |
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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 31 days late
2024
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 13 days late
2023
31-12
Financial
Weakest financial yearnet €-171k
Net result drops to €-171k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 32 days late
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · full 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Seraing · 1 establishment unit since 2020
Ground area
1,337 m²
Building footprint
413 m²
Volume, LiDAR
1,638 m³
Parcel 62019B0108/00E000, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
MIB
since 20202.309.772.314
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62019B0108/00E000 | Wallonia | 1,337 m² | 1 · 413 m² | 8.3 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSeraing2.309.772.314
Similar companies · same sector, comparable size
P&P FOODS
BE 0785.405.535
Asse · Eq €44,805
Seoudfood
BE 1021.113.555
Antwerpen · Eq €44,778
Binômes
BE 0694.977.383
Andenne · Eq €44,743
AU NADOR
BE 0726.626.406
Charleroi · Eq €44,742
Food&Fun Factory
BE 0841.482.522
Herstal · Eq €44,738
Of 21,861 companies in sector 56112 we hold annual accounts for 9,773. 8,430 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
Founded06-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.