MIFLO
ActiveMIFLO has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198k and a net result of €21. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 41% of 16408 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
83
/ 100
Excellent▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-15
Solvency88▼-10
Growth52=
Stability100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 3.22 in 2024), and 47.4% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
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 2025Solvency, return and age of the figures
Solvency
52.6%
Return on assets
0%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
2 d early
2023
7 d early
2022
30 d early
2021
30 d early
2020
on the day
2019
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€198k▼ 13.0%
2024 · €228k
2018: €136k
2019: €157k
2020: €175k
2021: €195k
2022: €213k
2023: €215k
2024: €228k
2018 → 2025
Total assets
€377k▼ 5.5%
2024 · €399k
2018: €221k
2019: €211k
2020: €209k
2021: €363k
2022: €387k
2023: €399k
2024: €399k
2018 → 2025
Net result
€21▼ 99.7%
2024 · €7k
2018: €18k
2019: €22k
2020: €18k
2021: €19k
2022: €18k
2023: €32k
2024: €7k
2018 → 2025
Working capital
€33k▼ 47.3%
2024 · €63k
2018: €15k
2019: €32k
2020: €55k
2021: €57k
2022: €77k
2023: €83k
2024: €63k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€195k-€213k▲ 9.1%€215k▲ 1.2%€228k▲ 5.9%€198k▼ 13.0%
Operating result€29k-€34k▲ 18.0%€55k▲ 62.7%€18k▼ 68.0%€9k▼ 49.7%
Net result€19k-€18k▼ 8.2%€32k▲ 81.4%€7k▼ 79.2%€21▼ 99.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 50% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €377k
Fixed assets
€292k▼ 5.4%
Current assets
€86k▼ 5.8%
Equity and liabilities €377k
Equity
€198k▼ 13.0%
Debt
€179k▲ 4.5%
The debt ratio rises from 42.9% to 47.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€47k▼
2024 · €51k
Cash flow
€38k▼
2024 · €40k
Solvency
52.6%▼
2024 · 57.1%
Current ratio
1.63▼
2024 · 3.22
Quick ratio
1.63▼
2024 · 3.22
Debt / equity
0.90▲
2024 · 0.75
ROE
0.0%▼
2024 · 3.0%
ROA
0.0%▼
2024 · 1.7%
Interest coverage
14.24▼
2024 · 18.04
Debt
€179k▲
2024 · €171k
Debt ≤ 1 year
€53k▲
2024 · €28k
Debt > 1 year
€94k▼
2024 · €114k
Income taxes
€6k▼
2024 · €8k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€399k€377k▼
Fixed assets21/28€308k€292k▼
Tangible fixed assets22/27€307k€291k▼
Land and buildings22€288k€277k▼
Plant, machinery and equipment23€6k€6k▼
Furniture and vehicles24€10k€8k▼
Other tangible fixed assets26€4k€631▼
Financial fixed assets28€744€744=
Current assets29/58€91k€86k▼
Amounts receivable within one year40/41€6k€11k▲
Other amounts receivable41€6k€11k▲
Cash at bank and in hand54/58€43k€29k▼
Deferred charges and accrued income490/1€42k€45k▲
Equity and liabilities
Total equity and liabilities10/49€399k€377k▼
Equity10/15€228k€198k▼
Contributions10/11€6k€6k=
Reserves13€106k€76k▼
Distributable reserves133€106k€76k▼
Profit (loss) carried forward14€116k€116k=
Amounts payable17/49€171k€179k▲
Amounts payable after more than one year17€114k€94k▼
Financial debts170/4€114k€94k▼
Amounts payable within one year42/48€28k€53k▲
Current portion of amounts payable after more than one year42€20k€21k▲
Trade debts44€7k€3k▼
Suppliers440/4€7k€3k▼
Taxes, remuneration and social security45€581€529▼
Taxes450/3€581€529▼
Other amounts payable47/48-€28k
Accrued charges and deferred income492/3€29k€33k▲
Income statement
Code20242025
Remuneration, social security and pensions62€384-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33k€38k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€54k€49k▼
Operating profit (loss)9901€18k€9k▼
Financial income75/76B€203€200▼
Recurring financial income75€203€200▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€15k€6k▼
Income taxes67/77€8k€6k▼
Profit (loss) for the period9904€7k€21▼
Profit (loss) for the period to be appropriated9905€7k€21▼
Appropriation of the result
Profit (loss) to be appropriated9906€122k€116k▼
Profit (loss) brought forward from the previous period14P€116k€116k=
Transfer from equity791/2-€30k
Transfer to equity691/2€7k-
To other reserves6921€7k-
Profit to be distributed694/7-€30k
Return on contributions (dividend)694-€30k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €21 ▼99.7%
Net result drops to €21, the lowest in the series.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €32k ▲81.4%
Operating result €55k, net result €32k, both a record.
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €200kEq €213k ▲9.1%
5 profitable years in a row build equity to €213k.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Liquidity triplescurrent ratio 5.74
Current ratio from 2.21 to 5.74; short-term debt falls from €26k to €12k.
23-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €150kEq €157k ▲16.2%
2 profitable years in a row build equity to €157k.
06-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kuurne · 1 establishment unit since 2000
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.
Weggevoerdenplein 108520 KuurneGround area
195 m²
Building footprint
201 m²
Volume, LiDAR
1,245 m³
Parcel 34023C0296/00R000, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MILFO
since 20002.100.841.044
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023C0296/00R000 | Flanders | 195 m² | 1 · 201 m² | 11.2 m · 2 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.
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ROOS
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BE 0476.442.620
Gistel · Eq €199k
KATHY SOINS
BE 0545.958.560
La Louvière · Eq €199k
Les soins de Marie
BE 0508.652.954
Quévy · Eq €199k
OTV / Diensten & Service
BE 0808.565.868
Willebroek · Eq €198k
Of 5,969 companies in sector 86940 we hold annual accounts for 1,796. 1,363 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-11-1999
Fiscal year end30-09
Activities, NACEBEL
86906Human health activities
86940Nursing and midwifery
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.