Mielalex
ActiveSummary
Mielalex has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,924 and a net result of €18,369. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 13085 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
What they do
Activities of notaries
NACE 69102
1 site
How big
€96,869total assets 2025
- Equity
- €19,924
- Profit
- €18,369
Turnover not published (abridged schema)
Who decides
- Holdings
- 1
Accounts filed 25 d late1 of 4 deeds read
Why 71- Limited track record- Weak solvency vs sector+ Lower-failure-rate sector+ Annual accounts: healthy financial profileFiled after the deadlineShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability92▲+9
Solvency46▲+20
Growth78▲+20
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.54 against 0.97 in 2024; short-term debt: 79.4% and cash: 33.5% of total assets), and 79.4% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer 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
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
20.6%
Return on assets
19%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 13085 sector peers (2025).
NBB · sector comparisonPosition among 13085 sector peers
Solvency
better than 21%
← weakest
strongest →
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
4 d early
2023
30 d late
2022
6 d early
2021
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 9 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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. Usually files around 30 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Registered officeRegistered-office move
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €96,869Profit €18,369Solvency 20.6%Liquidity 0.54
Total assets
€96,869▼ 13.9%
2021 - 2025
Net result
€18,369▲ 47.2%
2021 - 2025
Equity
€19,924▲ 1,182%
2021 - 2025
Solvency
20.6%▲ 19.2pp
2021 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€14,253-€37,564▲ 164%€44,981▲ 19.7%€16,014▼ 64.4%€26,160▲ 63.3%
Net result€11,388within the sector's middle half-€29,737within the sector's middle half▲ 161%€35,452within the sector's middle half▲ 19.2%€12,477within the sector's middle half▼ 64.8%€18,369within the sector's middle half▲ 47.2%
Equity€12,388below the sector's middle half-€42,125within the sector's middle half▲ 240%€77,578within the sector's middle half▲ 84.2%€1,555below the sector's middle half▼ 98.0%€19,924below the sector's middle half▲ 1,182%
Total assets€21,691below the sector's middle half-€63,796below the sector's middle half▲ 194%€95,802within the sector's middle half▲ 50.2%€112,570within the sector's middle half▲ 17.5%€96,869within the sector's middle half▼ 13.9%
Debt€9,303-€21,671▲ 133%€18,225▼ 15.9%€111,015▲ 509%€76,946▼ 30.7%
Working capital€12,388within the sector's middle half-€32,866within the sector's middle half▲ 165%€68,318within the sector's middle half▲ 108%-€3,414below the sector's middle half-€35,399below the sector's middle half▼ 937%
Solvency57.1%within the sector's middle half-66.0%within the sector's middle half▲ 8.9pp81.0%above the sector's middle half▲ 14.9pp1.4%below the sector's middle half▼ 79.6pp20.6%below the sector's middle half▲ 19.2pp
Current ratio2.33within the sector's middle half-2.52within the sector's middle half▲ 0.194.75above the sector's middle half▲ 2.230.97below the sector's middle half▼ 3.780.54below the sector's middle half▼ 0.43
Return on assets (ROA)52.5%above the sector's middle half-46.6%above the sector's middle half▼ 5.9pp37.0%above the sector's middle half▼ 9.6pp11.1%within the sector's middle half▼ 25.9pp19.0%within the sector's middle half▲ 7.9pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 63% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96,869
Fixed assets
€55,323 ▲ 1,014%
Current assets
€41,547 ▼ 61.4%
Equity and liabilities €96,869
Equity
€19,924 ▲ 1,182%
Debt
€76,946 ▼ 30.7%
Debt's share of the balance-sheet total falls from 98.6% to 79.4%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€28,305▲
2024 · €20,305
Cash flow
€20,515▲
2024 · €16,768
Debt to equity
3.86▼
2024 · 71.42
ROE
92.2%▼
2024 · 802.6%
Interest coverage
188.71▲
2024 · 153.40
Debt ≤ 1 year
€76,946▼
2024 · €111,015
Income taxes
€7,640▲
2024 · €3,405
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,468 | €0 | €4,291 | €2,145 | ▼ 50.0% |
| Other operating charges640/8 | - | - | - | €387 | €776 | ▲ 100% |
| Gross operating margin9900 | €14,253 | €39,032 | €44,981 | €20,693 | €29,081 | ▲ 40.5% |
| Operating profit (loss)9901 | €14,253 | €37,564 | €44,981 | €16,014 | €26,160 | ▲ 63.3% |
| Financial charges65/66B | €12 | €90 | €69 | €132 | €150 | ▲ 13.3% |
| Recurring financial charges65 | €12 | €90 | €69 | €132 | €150 | ▲ 13.3% |
| Profit (loss) for the period before taxes9903 | €14,242 | €37,474 | €44,912 | €15,882 | €26,010 | ▲ 63.8% |
| Income taxes67/77 | €2,854 | €7,736 | €9,459 | €3,405 | €7,640 | ▲ 124% |
| Profit (loss) for the period9904 | €11,388 | €29,737 | €35,452 | €12,477 | €18,369 | ▲ 47.2% |
| Profit (loss) for the period to be appropriated9905 | €11,388 | €29,737 | €35,452 | €12,477 | €18,369 | ▲ 47.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €21,691 | €63,796 | €95,802 | €112,570 | €96,869 | ▼ 13.9% |
| Fixed assets21/28 | - | €9,259 | €9,259 | €4,968 | €55,323 | ▲ 1,014% |
| Tangible fixed assets22/27 | - | €9,259 | €9,259 | €4,968 | €2,823 | ▼ 43.2% |
| Plant, machinery and equipment23 | - | €9,259 | €9,259 | €4,968 | €2,823 | ▼ 43.2% |
| Financial fixed assets28 | - | - | - | - | €52,500 | - |
| Current assets29/58 | €21,691 | €54,537 | €86,543 | €107,602 | €41,547 | ▼ 61.4% |
| Amounts receivable within one year40/41 | - | - | €8,297 | €15,010 | €9,075 | ▼ 39.5% |
| Trade receivables40 | - | - | €8,297 | €8,415 | €9,075 | ▲ 7.8% |
| Other amounts receivable41 | - | - | - | €6,595 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €21,691 | €54,537 | €75,246 | €92,592 | €32,467 | ▼ 64.9% |
| Deferred charges and accrued income490/1 | - | - | €3,000 | €0 | €5 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €21,691 | €63,796 | €95,802 | €112,570 | €96,869 | ▼ 13.9% |
| Equity10/15 | €12,388 | €42,125 | €77,578 | €1,555 | €19,924 | ▲ 1,182% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €10,000 | €40,000 | €76,500 | €0 | - | - |
| Distributable reserves133 | €10,000 | €40,000 | €76,500 | €0 | - | - |
| Profit (loss) carried forward14 | €1,388 | €1,125 | €78 | €555 | €18,924 | ▲ 3,313% |
| Amounts payable17/49 | €9,303 | €21,671 | €18,225 | €111,015 | €76,946 | ▼ 30.7% |
| Amounts payable within one year42/48 | €9,303 | €21,671 | €18,225 | €111,015 | €76,946 | ▼ 30.7% |
| Trade debts44 | - | €25 | €1,397 | €644 | €10,757 | ▲ 1,571% |
| Suppliers440/4 | - | €25 | €1,397 | €644 | €10,757 | ▲ 1,571% |
| Taxes, remuneration and social security45 | €9,303 | €21,146 | €16,776 | €21,569 | €10,298 | ▼ 52.3% |
| Taxes450/3 | €9,303 | €18,096 | €16,776 | €21,569 | €9,298 | ▼ 56.9% |
| Remuneration and social security454/9 | - | €3,050 | €0 | - | €1,000 | - |
| Other amounts payable47/48 | - | €500 | €52 | €88,802 | €55,891 | ▼ 37.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,388 | €29,737 | €35,452 | €12,477 | €18,369 | ▲ 47.2% |
| + Depreciation and write-downs630 | - | €1,468 | €0 | €4,291 | €2,145 | ▼ 50.0% |
| Operating cash flow (approximation) | €11,388 | €31,205 | €35,452 | €16,768 | €20,515 | ▲ 22.3% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | -€52,500 | - |
| Change in cash | - | €32,846 | €20,709 | €17,346 | -€60,125 | ▼ 447% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
DuoSeny
BE 0704.733.902
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FORMACOMED
BE 0704.733.704
Sprimont · Eq €19,856
PIETER HERMAN
BE 0647.509.246
Antwerpen · Eq €20,000
Joël et Manon TONDEUR, notaires associés
BE 0735.840.119
Bastogne · Eq €20,000
Notaris Erik Houben
BE 0752.840.160
Antwerpen · Eq €20,000
Of 2,259 companies in this sector we hold annual accounts for 1,756. 777 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
1 holding
Directors
Directors
No directors read yet: 1 of 4 Gazette acts processed. See the function holders in the CBE →
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
15%
According to the 2025 annual accounts of Mielalex and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 1 of 4 Gazette acts processed.
Timeline
7 eventsLatest 18-09-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-09
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Registered-office move, Latemstraat 33, 9830 Sint-Martens-Latem
- General meeting, 24-08-2026
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
27-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2021net €35,452 ▲19.2%
Operating result €44,981, net result €35,452, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 22-10-2021Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded22-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
69102Activities of notaries
E-invoicing
Reachable via Peppol
Peppol ID
0208:0776388592
Also
9925:BE0776388592
Registered
24-11-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Sint-Martens-Latem · 1 establishment unit since 2021
Ground area
3,441 m²
Building footprint
676 m²
Volume, LiDAR
11,172 m³
2 parcels, Flanders · tallest building 29.8 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Mielalex
since 2021unit no. 2.323.548.193
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44064B0410/00E000 | Flanders | 2,852 m² | 1 · 145 m² | - |
| 44804D2709/00D007 | Flanders | 589 m² | 1 · 532 m² | 29.8 m · 7 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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