MIECO-EFFECT
ActiveMIECO-EFFECT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €697k and a net result of €124k. Equity is growing by ~22.7% per year across the filed fiscal years. Its solvency ranks better than 84% of 37975 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
93
/ 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability89▼-11
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 9.58 against 6.0 in 2023), and 13.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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 2024Solvency, return and age of the figures
Solvency
86.6%
Return on assets
15.4%
Age of the figures
20 mo
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
31 d early
2022
22 d early
2021
21 d early
2020
20 d early
2019
37 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€697k▲ 21.6%
2023 · €573k
2018: €212k
2019: €234k
2020: €263k
2021: €316k
2022: €433k
2023: €573k
2018 → 2024
Total assets
€805k▲ 12.6%
2023 · €715k
2018: €356k
2019: €375k
2020: €443k
2021: €504k
2022: €699k
2023: €715k
2018 → 2024
Net result
€124k▼ 23.5%
2023 · €162k
2018: €31k
2019: €22k
2020: €43k
2021: €70k
2022: €134k
2023: €162k
2018 → 2024
Working capital
€591k▲ 27.8%
2023 · €462k
2018: €130k
2019: €146k
2020: €174k
2021: €223k
2022: €325k
2023: €462k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€263k-€316k▲ 20.1%€433k▲ 36.7%€573k▲ 32.5%€697k▲ 21.6%
Operating result€64k-€107k▲ 67.1%€199k▲ 85.9%€238k▲ 19.5%€184k▼ 22.6%
Net result€43k-€70k▲ 61.0%€134k▲ 92.7%€162k▲ 20.6%€124k▼ 23.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 23% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €805k
Fixed assets
€145k▼ 9.2%
Current assets
€659k▲ 18.9%
Equity and liabilities €805k
Equity
€697k▲ 21.6%
Debt
€108k▼ 23.7%
The debt ratio falls from 19.8% to 13.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€209k▼
2023 · €255k
Cash flow
€149k▼
2023 · €178k
Solvency
86.6%▲
2023 · 80.2%
Current ratio
9.58▲
2023 · 6.00
Quick ratio
9.14▲
2023 · 5.68
Debt / equity
0.16▼
2023 · 0.25
ROE
17.7%▼
2023 · 28.2%
ROA
15.4%▼
2023 · 22.6%
Interest coverage
111.16▼
2023 · 137.19
Debt
€108k▼
2023 · €142k
Debt ≤ 1 year
€69k▼
2023 · €92k
Debt > 1 year
€39k▼
2023 · €49k
Income taxes
€59k▼
2023 · €75k
Staff costs
€383k▼
2023 · €435k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€715k€805k▲
Fixed assets21/28€160k€145k▼
Tangible fixed assets22/27€160k€145k▼
Land and buildings22€132k€128k▼
Plant, machinery and equipment23€26k€18k▼
Furniture and vehicles24€3k-
Current assets29/58€555k€659k▲
Stocks and contracts in progress3€30k€30k=
Stocks30/36€30k€30k=
Amounts receivable within one year40/41€193k€259k▲
Trade receivables40€134k€159k▲
Other amounts receivable41€59k€100k▲
Cash at bank and in hand54/58€329k€355k▲
Deferred charges and accrued income490/1€2k€15k▲
Equity and liabilities
Total equity and liabilities10/49€715k€805k▲
Equity10/15€573k€697k▲
Contributions10/11€11k€11k=
Reserves13€562k€685k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€560k€684k▲
Amounts payable17/49€142k€108k▼
Amounts payable after more than one year17€49k€39k▼
Financial debts170/4€49k€39k▼
Amounts payable within one year42/48€92k€69k▼
Current portion of amounts payable after more than one year42€10k€10k=
Trade debts44€14k€19k▲
Suppliers440/4€14k€19k▲
Taxes, remuneration and social security45€55k€39k▼
Taxes450/3€55k€39k▼
Other amounts payable47/48€13k-
Income statement
Code20232024
Non-recurring operating income76A€7k€4k▼
Remuneration, social security and pensions62€435k€383k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€25k▲
Other operating charges640/8€814€676▼
Gross operating margin9900€690k€593k▼
Operating profit (loss)9901€238k€184k▼
Financial income75/76B-€732
Recurring financial income75-€732
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€236k€183k▼
Income taxes67/77€75k€59k▼
Profit (loss) for the period9904€162k€124k▼
Profit (loss) for the period to be appropriated9905€162k€124k▼
Appropriation of the result
Profit (loss) to be appropriated9906€162k€124k▼
Transfer from equity791/2€21k-
Transfer to equity691/2€162k€124k▼
To other reserves6921€162k€124k▼
Profit to be distributed694/7€21k-
Return on contributions (dividend)694€21k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €162k ▲20.6%
Operating result €238k, net result €162k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 6.00
Current ratio from 2.57 to 6.00; short-term debt falls from €207k to €92k.
31-12
Financial
Equity above €500kEq €573k ▲32.5%
6 profitable years in a row build equity to €573k.
09-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €22k ▼28.2%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
26-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 days late
2016
10-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Diest · 2 establishment units since 2011
Ground area
1,107 m²
Building footprint
229 m²
Volume, LiDAR
1,420 m³
2 parcels, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Mieco-effect
since 20112.203.407.953
MIECO-EFFECT
since 20142.303.123.458
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24097O0244/00F000 | Flanders | 822 m² | 1 · 125 m² | 7.8 m · 2 fl. |
| 24020A1970/00M004 | Flanders | 286 m² | 1 · 104 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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 82,169 companies in sector 70200 we hold annual accounts for 52,388. 31,516 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-09-2011
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
71121Engineering and related technical consultancy, excluding land surveyors
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 09-09-2026. Scores and ratios are computed by Checked and are not a credit decision.