MIC INSTALLATIONS
ActiveSummary
The computed 12-month bankruptcy probability of MIC INSTALLATIONS is 8.2% (elevated). The 2025 annual accounts show negative equity (€-63k) and a net result of €-33k. Equity is shrinking by ~147.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 27965 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
8.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.32 against 0.64 in 2024; short-term debt: 312.4% and cash: 42.3% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
-212.4%
Return on assets
-111.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 €-63k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
28 d early
2023
26 d early
2022
22 d late
2021
39 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
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Hiring this company for building work? Recognition, activities and what to check first.Contractor check Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-33k▼ 51.7%
2024 · €-22k
Working capital
€-63k▼ 111%
2024 · €-30k
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€-2k-€-21k▼ 778%€580€-22k€-33k▼ 51.6%
Net result€-2k-€-21k▼ 782%€438€-22k€-33k▼ 51.7%
Equity€13k-€-8k€-8k▲ 5.2%€-30k▼ 273%€-63k▼ 111%
Total assets€36k-€68k▲ 91.0%€15k▼ 78.7%€53k▲ 262%€30k▼ 43.5%
Debt€23k-€77k▲ 232%€23k▼ 70.6%€83k▲ 266%€93k▲ 12.5%
Working capital€13k-€-41k€-8k▲ 80.3%€-30k▼ 273%€-63k▼ 111%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €33k in 2025 against €22k in 2024; the loss grows and 2025 has the lowest result in the available series.
Key figures and ratios
Solvency
-212.4%▼
2024 · -56.8%
Current ratio
0.32▼
2024 · 0.64
Debt to equity
-1.47▲
2024 · -2.76
ROA
-111.7%▼
2024 · -41.6%
Debt ≤ 1 year
€93k▲
2024 · €83k
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €672 | - | - | - | - | - |
| Other operating charges640/8 | €498 | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Gross operating margin9900 | €-1k | €-21k | €965 | €-21k | €-33k | ▼ 52.5% |
| Operating profit (loss)9901 | €-2k | €-21k | €580 | €-22k | €-33k | ▼ 51.6% |
| Financial income75/76B | - | - | €0 | - | - | - |
| Recurring financial income75 | - | - | €0 | - | - | - |
| Financial charges65/66B | €4 | €132 | €142 | €123 | €192 | ▲ 55.7% |
| Recurring financial charges65 | €4 | €132 | €142 | €123 | €192 | ▲ 55.7% |
| Profit (loss) for the period before taxes9903 | €-2k | €-21k | €438 | €-22k | €-33k | ▼ 51.7% |
| Profit (loss) for the period9904 | €-2k | €-21k | €438 | €-22k | €-33k | ▼ 51.7% |
| Profit (loss) for the period to be appropriated9905 | €-2k | €-21k | €438 | €-22k | €-33k | ▼ 51.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €36k | €68k | €15k | €53k | €30k | ▼ 43.5% |
| Fixed assets21/28 | - | €32k | - | - | - | - |
| Financial fixed assets28 | - | €32k | - | - | - | - |
| Current assets29/58 | €36k | €36k | €15k | €53k | €30k | ▼ 43.5% |
| Amounts receivable within one year40/41 | €29k | €33k | €551 | €51k | €17k | ▼ 66.6% |
| Trade receivables40 | €28k | €32k | - | €47k | €14k | ▼ 69.5% |
| Other amounts receivable41 | €952 | €899 | €551 | €4k | €3k | ▼ 32.3% |
| Cash at bank and in hand54/58 | €7k | €3k | €14k | €1k | €13k | ▲ 782% |
| Deferred charges and accrued income490/1 | - | - | - | - | €14 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €36k | €68k | €15k | €53k | €30k | ▼ 43.5% |
| Equity10/15 | €13k | €-8k | €-8k | €-30k | €-63k | ▼ 111% |
| Contributions10/11 | €15k | €15k | €15k | €15k | €15k | = |
| Profit (loss) carried forward14 | €-2k | €-23k | €-23k | €-45k | €-78k | ▼ 74.0% |
| Amounts payable17/49 | €23k | €77k | €23k | €83k | €93k | ▲ 12.5% |
| Amounts payable within one year42/48 | €23k | €77k | €23k | €83k | €93k | ▲ 12.5% |
| Trade debts44 | €7k | €4k | €1k | €6k | €861 | ▼ 85.4% |
| Suppliers440/4 | €7k | €4k | €1k | €6k | €861 | ▼ 85.4% |
| Advances received on contracts in progress46 | - | €10k | - | - | - | - |
| Taxes, remuneration and social security45 | €5k | €5k | - | €5k | €3k | ▼ 35.8% |
| Remuneration and social security454/9 | €5k | €5k | - | €5k | €3k | ▼ 35.8% |
| Other amounts payable47/48 | €11k | €57k | €21k | €71k | €89k | ▲ 24.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-2k | €-21k | €438 | €-22k | €-33k | ▼ 51.7% |
| + Depreciation and write-downs630 | €672 | - | - | - | - | - |
| Operating cash flow (approximation) | €-2k | €-21k | €438 | €-22k | €-33k | ▼ 51.7% |
| Change in cash | - | €-3k | €11k | €-13k | €11k | ▲ 189% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-33k
Net result drops to €-33k, the lowest in the series.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €438
Net result €438 after 2 loss-making years.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
22-06
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 3 acts read
About the unread acts
We know of 3 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
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, Sint-Joost-ten-Node · 1 establishment unit since 2021
Ground area
342 m²
Building footprint
270 m²
Volume, LiDAR
3,651 m³
2 parcels, Brussels · tallest building 20.6 m, ±6 floors. Linked by address, not a title deed.
12
companies at this address
See who is registered here
1 establishment unit
MIC Installations SRL
since 20212.322.305.704
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21014A0504/00S010 | Brussels | 186 m² | 1 · 177 m² | 20.6 m · 6 fl. |
| 21003A0271/00V000 | Brussels | 156 m² | 1 · 94 m² | 12.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,534 companies in sector 43222 we hold annual accounts for 5,666. 2,863 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
Founded12-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
42211Civil engineering
43130Specialised construction activities
43221Plumbing work
43230Insulation installation
Scores and ratios are computed by Checked and are not a credit decision.