MIFICO
ActiveMIFICO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €339k and a net result of €330k. Equity is growing by ~29.4% per year across the filed fiscal years. Its solvency ranks better than 80% of 6144 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-07-2025, 23 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
23 d early
2023
20 d early
2022
38 d early
2021
27 d early
2020
30 d late
2019
14 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€339k▼ 42.0%
2023 · €585k
2018: €41k
2019: €100k
2020: €207k
2021: €269k
2022: €357k
2023: €585k
2018 → 2024
Net result
€330k▲ 44.9%
2023 · €228k
2018: €29k
2019: €61k
2020: €107k
2021: €138k
2022: €202k
2023: €228k
2018 → 2024
Total assets
€402k▼ 34.5%
2023 · €615k
2018: €117k
2019: €160k
2020: €302k
2021: €402k
2022: €512k
2023: €615k
2018 → 2024
Solvency
84.4%▼ 10.8pp
2023 · 95.2%
2018: 34.7%
2019: 62.9%
2020: 68.4%
2021: 66.8%
2022: 69.8%
2023: 95.2%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€207k-€269k▲ 30.1%€357k▲ 32.8%€585k▲ 63.8%€339k▼ 42.0%
Operating result€154k-€194k▲ 26.3%€278k▲ 43.5%€297k▲ 6.8%€-131k
Net result€107k-€138k▲ 29.0%€202k▲ 46.3%€228k▲ 12.9%€330k▲ 44.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €131k after €297k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €402k
Fixed assets
€116k▼ 58.9%
Current assets
€287k▼ 13.9%
Equity and liabilities €402k
Equity
€339k▼ 42.0%
Debt
€63k▲ 111%
The debt ratio rises from 4.8% to 15.6%: debt grows while equity shrinks.
Key figures and ratios
Solvency
84.4%▼
2023 · 95.2%
ROE
97.2%▲
2023 · 39.0%
ROA
82.1%▲
2023 · 37.1%
Debt
€63k▲
2023 · €30k
Debt ≤ 1 year
€61k▲
2023 · €19k
Debt > 1 year
€0▼
2023 · €10k
Income taxes
€261▼
2023 · €74k
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€615k€402k▼
Fixed assets21/28€282k€116k▼
Tangible fixed assets22/27€107k€113k▲
Land and buildings22€14k€12k▼
Plant, machinery and equipment23€4k€4k▲
Furniture and vehicles24€89k€97k▲
Financial fixed assets28€175k€3k▼
Current assets29/58€333k€287k▼
Amounts receivable within one year40/41€3k€9k▲
Other amounts receivable41€3k€9k▲
Cash at bank and in hand54/58€329k€277k▼
Deferred charges and accrued income490/1€945€1k▲
Equity and liabilities
Total equity and liabilities10/49€615k€402k▼
Equity10/15€585k€339k▼
Contributions10/11€19k€1k▼
Reserves13€566k€338k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€566k€338k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€30k€63k▲
Amounts payable after more than one year17€10k€0▼
Financial debts170/4€10k€0▼
Amounts payable within one year42/48€19k€61k▲
Current portion of amounts payable after more than one year42€12k€10k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€808€2k▲
Taxes450/3€808€0▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€3k€48k▲
Accrued charges and deferred income492/3€796€2k▲
Income statement
Code20232024
Non-recurring operating income76A€13k€10k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€25k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€314k€-105k▼
Operating profit (loss)9901€297k€-131k▼
Financial income75/76B€5k€462k▲
Recurring financial income75€5k€20k▲
Non-recurring financial income76B-€441k
Financial charges65/66B€1k€359▼
Recurring financial charges65€1k€359▼
Profit (loss) for the period before taxes9903€301k€330k▲
Income taxes67/77€74k€261▼
Profit (loss) for the period9904€228k€330k▲
Profit (loss) for the period to be appropriated9905€228k€330k▲
Appropriation of the result
Profit (loss) to be appropriated9906€228k€330k▲
Transfer from equity791/2-€228k
Transfer to equity691/2€228k€0▼
To other reserves6921€228k€0▼
Profit to be distributed694/7€0€558k▲
Return on contributions (dividend)694€0€558k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €330k ▲44.9%
Net result €330k, the highest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity times 8current ratio 17.77
Current ratio from 2.11 to 17.77; short-term debt falls from €131k to €19k.
31-12
Financial
Equity above €500kEq €585k ▲63.8%
6 profitable years in a row build equity to €585k.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Equity above €200kEq €207k ▲106%
3 profitable years in a row build equity to €207k.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 14 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 3.33
Current ratio from 1.50 to 3.33; short-term debt falls from €31k to €31k.
31-12
Financial
Equity above €100kEq €100k ▲148%
2 profitable years in a row build equity to €100k.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Lievegem · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bredestraat 1179920 LievegemGround area
1,924 m²
Building footprint
297 m²
Volume, LiDAR
1,277 m³
Parcel 44036A1541/00F000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Bredestraat 117, 9920 Lievegem
since 20172.264.139.257
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44036A1541/00F000 | Flanders | 1,924 m² | 1 · 297 m² | 7.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Legal Entity Identifier
69940074A1K59JIJI348
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Of 24,636 companies in sector 64210 we hold annual accounts for 19,688. 13,717 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-04-2017
Fiscal year end31-12
Activities, NACEBEL
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.