MIC
ActiveSummary
MIC has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.71M and a net result of €29k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 69% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▲+1
Solvency80▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity short (current ratio 0.18 against 0.06 in 2024; short-term debt: 24.4% and cash: 4.5% of total assets), and 44.7% of the assets are financed with debt.
Credit check 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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
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
55.3%
Return on assets
0.9%
Age of the figures
9 mo
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
21 d early
2023
5 d early
2022
14 d early
2021
33 d early
2020
18 d early
2019
28 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
Equity
€1.71M▲ 1.7%
2024 · €1.68M
2018: €1.31Mlowest in 8 years
2019: €1.43M▲ +9.5% vs 2018
2020: €1.68M▲ +17.5% vs 2019
2021: €1.68M▼ -0.1% vs 2020
2022: €1.65M▼ -2.0% vs 2021
2023: €1.66M▲ +0.7% vs 2022
2024: €1.68M▲ +1.1% vs 2023
2025: €1.71M▲ +1.7% vs 2024highest in 8 years
2018 → 2025
Total assets
€3.09M▼ 0.6%
2024 · €3.10M
2018: €2.61Mlowest in 8 years
2019: €3.05M▲ +17.2% vs 2018
2020: €3.44M▲ +12.7% vs 2019highest in 8 years
2021: €3.41M▼ -1.0% vs 2020
2022: €3.33M▼ -2.3% vs 2021
2023: €3.31M▼ -0.6% vs 2022
2024: €3.10M▼ -6.3% vs 2023
2025: €3.09M▼ -0.6% vs 2024
2018 → 2025
Net result
€29k▲ 55.4%
2024 · €18k
2018: €150khighest in 8 years
2019: €124k▼ -17.5% vs 2018
2020: €-100k▼ -181% vs 2019lowest in 8 years
2021: €-2k▲ +98.4% vs 2020
2022: €-33k▼ -1970% vs 2021
2023: €11k▲ +134% vs 2022
2024: €18k▲ +63.9% vs 2023
2025: €29k▲ +55.4% vs 2024
2018 → 2025
Working capital
€-615k▲ 14.0%
2024 · €-715k
2018: €-551k
2019: €-514k▲ +6.8% vs 2018highest in 8 years
2020: €-683k▼ -33.0% vs 2019
2021: €-896k▼ -31.0% vs 2020lowest in 8 years
2022: €-863k▲ +3.6% vs 2021
2023: €-799k▲ +7.4% vs 2022
2024: €-715k▲ +10.5% vs 2023
2025: €-615k▲ +14.0% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.68M-€1.65M▼ 2.0%€1.66M▲ 0.7%€1.68M▲ 1.1%€1.71M▲ 1.7%
2021: €1.68M
2022: €1.65M▼ -2.0% vs 2021lowest in 5 years
2023: €1.66M▲ +0.7% vs 2022
2024: €1.68M▲ +1.1% vs 2023
2025: €1.71M▲ +1.7% vs 2024highest in 5 years
Operating result€30k-€-2k€12k€19k▲ 57.9%€28k▲ 51.2%
2021: €30khighest in 5 years
2022: €-2k▼ -107% vs 2021lowest in 5 years
2023: €12k▲ +662% vs 2022
2024: €19k▲ +57.9% vs 2023
2025: €28k▲ +51.2% vs 2024
Net result€-2k-€-33k▼ 1,970%€11k€18k▲ 63.9%€29k▲ 55.4%
2021: €-2k
2022: €-33k▼ -1970% vs 2021lowest in 5 years
2023: €11k▲ +134% vs 2022
2024: €18k▲ +63.9% vs 2023
2025: €29k▲ +55.4% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 51% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.09M
Fixed assets
€2.95M ▼ 3.6%
Current assets
€138k ▲ 199%
Equity and liabilities €3.09M
Equity
€1.71M ▲ 1.7%
Provisions
€35k ▼ 4.5%
Debt
€1.35M ▼ 3.3%
Debt's share of the balance-sheet total falls from 44.8% to 43.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€138k▲
2024 · €129k
Cash flow
€139k▲
2024 · €129k
Current ratio
0.18▲
2024 · 0.06
Debt to equity
0.79▼
2024 · 0.83
ROE
1.7%▲
2024 · 1.1%
ROA
0.9%▲
2024 · 0.6%
Interest coverage
92.93▲
2024 · 69.94
Debt ≤ 1 year
€753k▼
2024 · €761k
Debt > 1 year
€588k▼
2024 · €624k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.10M€3.09M▼
Fixed assets21/28€3.06M€2.95M▼
Tangible fixed assets22/27€3.06M€2.95M▼
Land and buildings22€3.05M€2.94M▼
Furniture and vehicles24€6k€5k▼
Current assets29/58€46k€138k▲
Amounts receivable within one year40/41€6€109▲
Other amounts receivable41€6€109▲
Cash at bank and in hand54/58€46k€138k▲
Equity and liabilities
Total equity and liabilities10/49€3.10M€3.09M▼
Equity10/15€1.68M€1.71M▲
Contributions10/11€1.40M€1.40M=
Capital10€1.40M€1.40M=
Issued capital100€1.40M€1.40M=
Reserves13€277k€306k▲
Non-distributable reserves130/1€22k€24k▲
Legal reserve130€22k€24k▲
Tax-exempt reserves132€142k€135k▼
Distributable reserves133€113k€146k▲
Provisions and deferred taxes16€36k€35k▼
Deferred taxes168€36k€35k▼
Amounts payable17/49€1.39M€1.35M▼
Amounts payable after more than one year17€624k€588k▼
Financial debts170/4€124k€88k▼
Other amounts payable178/9€500k€500k=
Amounts payable within one year42/48€761k€753k▼
Current portion of amounts payable after more than one year42€35k€36k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€126€0▼
Taxes450/3€126€0▼
Other amounts payable47/48€724k€715k▼
Accrued charges and deferred income492/3€5k€4k▼
Income statement
Code20242025
Non-recurring operating income76A€826€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€111k€110k▼
Other operating charges640/8€21k€21k▲
Gross operating margin9900€150k€159k▲
Operating profit (loss)9901€19k€28k▲
Financial income75/76B€21€341▲
Recurring financial income75€21€341▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€17k€27k▲
Transfer from deferred taxes780€2k€2k=
Profit (loss) for the period9904€18k€29k▲
Transfer from tax-exempt reserves789€6k€6k=
Profit (loss) for the period to be appropriated9905€25k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€25k€35k▲
Transfer to equity691/2€25k€35k▲
To the legal reserve6920€1k€2k▲
To other reserves6921€24k€33k▲
The notes to these accounts (14 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €6k | - | €5k | €826 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €163k | €112k | €109k | €111k | €110k | ▼ 0.6% |
| Other operating charges640/8 | €16k | €23k | €22k | €21k | €21k | ▲ 2.3% |
| Gross operating margin9900 | €209k | €134k | €143k | €150k | €159k | ▲ 6.2% |
| Operating profit (loss)9901 | €30k | €-2k | €12k | €19k | €28k | ▲ 51.2% |
| Financial income75/76B | €0 | €56 | €0 | €21 | €341 | ▲ 1,525% |
| Recurring financial income75 | €0 | €56 | €0 | €21 | €341 | ▲ 1,525% |
| Financial charges65/66B | €33k | €33k | €2k | €2k | €1k | ▼ 19.6% |
| Recurring financial charges65 | €33k | €33k | €2k | €2k | €1k | ▼ 19.6% |
| Profit (loss) for the period before taxes9903 | €-3k | €-35k | €10k | €17k | €27k | ▲ 60.9% |
| Transfer from deferred taxes780 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) for the period9904 | €-2k | €-33k | €11k | €18k | €29k | ▲ 55.4% |
| Transfer from tax-exempt reserves789 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) for the period to be appropriated9905 | €5k | €-26k | €18k | €25k | €35k | ▲ 41.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.41M | €3.33M | €3.31M | €3.10M | €3.09M | ▼ 0.6% |
| Fixed assets21/28 | €3.37M | €3.27M | €3.16M | €3.06M | €2.95M | ▼ 3.6% |
| Tangible fixed assets22/27 | €3.37M | €3.27M | €3.16M | €3.06M | €2.95M | ▼ 3.6% |
| Land and buildings22 | €3.37M | €3.27M | €3.16M | €3.05M | €2.94M | ▼ 3.6% |
| Furniture and vehicles24 | €1k | - | - | €6k | €5k | ▼ 21.9% |
| Financial fixed assets28 | €3k | - | - | - | - | - |
| Current assets29/58 | €38k | €63k | €152k | €46k | €138k | ▲ 199% |
| Amounts receivable within one year40/41 | €6k | €6k | €0 | €6 | €109 | ▲ 1,634% |
| Other amounts receivable41 | €6k | €6k | €0 | €6 | €109 | ▲ 1,634% |
| Cash at bank and in hand54/58 | €27k | €57k | €152k | €46k | €138k | ▲ 199% |
| Deferred charges and accrued income490/1 | €5k | €372 | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.41M | €3.33M | €3.31M | €3.10M | €3.09M | ▼ 0.6% |
| Equity10/15 | €1.68M | €1.65M | €1.66M | €1.68M | €1.71M | ▲ 1.7% |
| Contributions10/11 | €1.40M | €1.40M | €1.40M | €1.40M | €1.40M | = |
| Capital10 | €1.40M | €1.40M | €1.40M | €1.40M | €1.40M | = |
| Issued capital100 | €1.40M | €1.40M | €1.40M | €1.40M | €1.40M | = |
| Reserves13 | €280k | €248k | €259k | €277k | €306k | ▲ 10.3% |
| Non-distributable reserves130/1 | €20k | €20k | €21k | €22k | €24k | ▲ 7.9% |
| Legal reserve130 | €20k | €20k | €21k | €22k | €24k | ▲ 7.9% |
| Tax-exempt reserves132 | €161k | €155k | €148k | €142k | €135k | ▼ 4.5% |
| Distributable reserves133 | €99k | €73k | €90k | €113k | €146k | ▲ 29.4% |
| Provisions and deferred taxes16 | €41k | €40k | €38k | €36k | €35k | ▼ 4.5% |
| Deferred taxes168 | €41k | €40k | €38k | €36k | €35k | ▼ 4.5% |
| Amounts payable17/49 | €1.69M | €1.64M | €1.61M | €1.39M | €1.35M | ▼ 3.3% |
| Amounts payable after more than one year17 | €729k | €694k | €659k | €624k | €588k | ▼ 5.7% |
| Financial debts170/4 | €229k | €194k | €159k | €124k | €88k | ▼ 28.9% |
| Other amounts payable178/9 | €500k | €500k | €500k | €500k | €500k | = |
| Amounts payable within one year42/48 | €934k | €926k | €951k | €761k | €753k | ▼ 1.1% |
| Current portion of amounts payable after more than one year42 | €34k | €35k | €35k | €35k | €36k | ▲ 1.0% |
| Trade debts44 | €6k | €590 | €557 | €2k | €2k | ▲ 5.2% |
| Suppliers440/4 | €6k | €590 | €557 | €2k | €2k | ▲ 5.2% |
| Taxes, remuneration and social security45 | €9k | €10k | €594 | €126 | €0 | ▼ 100% |
| Taxes450/3 | €9k | €10k | €594 | €126 | €0 | ▼ 100% |
| Other amounts payable47/48 | €884k | €881k | €915k | €724k | €715k | ▼ 1.2% |
| Accrued charges and deferred income492/3 | €25k | €25k | €5k | €5k | €4k | ▼ 23.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €-33k | €11k | €18k | €29k | ▲ 55.4% |
| + Depreciation and write-downs630 | €163k | €112k | €109k | €111k | €110k | ▼ 0.6% |
| Operating cash flow (approximation) | €161k | €80k | €120k | €129k | €139k | ▲ 7.3% |
| Investment in fixed assets (approximation) | - | €-11k | €0 | €-9k | €0 | ▲ 100% |
| Change in cash | - | €30k | €95k | €-106k | €92k | ▲ 187% |
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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €11k
Net result €11k after 3 loss-making years.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-100k
Net result drops to €-100k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Sint-Pieters-Leeuw · 1 establishment unit since 2003
Ground area
2,911 m²
Building footprint
163 m²
Volume, LiDAR
713 m³
Parcel 23089B0475/00E000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
MIC
since 20032.277.746.872
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23089B0475/00E000 | Flanders | 2,911 m² | 1 · 163 m² | 7.0 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.
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 3,009 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded25-09-2003
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Scores and ratios are computed by Checked and are not a credit decision.