MIGLIORI
ActiveMIGLIORI has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.06M and a net result of €85k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 60% of 19348 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▼-9
Solvency69▼-9
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days only on tighter terms
Liquidity ample (current ratio 2.97 against 2.96 in 2023; short-term debt: 11.4% and cash: 15.5% of total assets), but 56.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 140 days later.
NBB · 3 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline17-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 14-07-2025, 75 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 · 3 filingsDeviation from the deadline
2025
not filed
2024
75 d late
2023
435 d late
2022
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€1.06M▲ 6.0%
2023 · €1.00M
2022: €843k
2023: €1.00M
2022 → 2024
Total assets
€2.43M▲ 29.0%
2023 · €1.89M
2022: €1.60M
2023: €1.89M
2022 → 2024
Net result
€85k▼ 56.1%
2023 · €194k
2022: €118k
2023: €194k
2022 → 2024
Working capital
€546k▼ 24.8%
2023 · €725k
2022: €648k
2023: €725k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€843k-€1.00M▲ 18.8%€1.06M▲ 6.0%
Operating result€139k-€262k▲ 88.0%€121k▼ 53.6%
Net result€118k-€194k▲ 64.2%€85k▼ 56.1%
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 54% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.43M
Fixed assets
€1.61M▲ 103%
Current assets
€822k▼ 24.9%
Equity and liabilities €2.43M
Equity
€1.06M▲ 6.0%
Debt
€1.37M▲ 55.0%
The debt ratio rises from 46.9% to 56.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€183k▼
2023 · €312k
Cash flow
€146k▼
2023 · €243k
Solvency
43.6%▼
2023 · 53.1%
Current ratio
2.97▲
2023 · 2.96
Quick ratio
2.97▲
2023 · 2.96
Debt / equity
1.29▲
2023 · 0.88
ROE
8.0%▼
2023 · 19.3%
ROA
3.5%▼
2023 · 10.3%
Interest coverage
7.31▼
2023 · 30.80
Debt
€1.37M▲
2023 · €885k
Debt ≤ 1 year
€277k▼
2023 · €370k
Debt > 1 year
€1.09M▲
2023 · €509k
Income taxes
€16k▼
2023 · €58k
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€1.89M€2.43M▲
Fixed assets21/28€792k€1.61M▲
Tangible fixed assets22/27€792k€1.61M▲
Land and buildings22€790k€1.54M▲
Furniture and vehicles24€3k€70k▲
Current assets29/58€1.09M€822k▼
Amounts receivable after more than one year29€200k€200k=
Trade receivables290€200k-
Other amounts receivable291-€200k
Amounts receivable within one year40/41€121k€89k▼
Trade receivables40€121k€10k▼
Other amounts receivable41-€79k
Current investments50/53€100k€150k▲
Cash at bank and in hand54/58€616k€377k▼
Deferred charges and accrued income490/1€57k€6k▼
Equity and liabilities
Total equity and liabilities10/49€1.89M€2.43M▲
Equity10/15€1.00M€1.06M▲
Contributions10/11€29k€29k=
Reserves13€731k€731k=
Distributable reserves133€731k€731k=
Profit (loss) carried forward14€242k€302k▲
Amounts payable17/49€885k€1.37M▲
Amounts payable after more than one year17€509k€1.09M▲
Financial debts170/4€509k€1.09M▲
Amounts payable within one year42/48€370k€277k▼
Current portion of amounts payable after more than one year42€50k€87k▲
Trade debts44€14k€10k▼
Suppliers440/4€14k€10k▼
Taxes, remuneration and social security45€50k€17k▼
Taxes450/3€50k€17k▼
Remuneration and social security454/9-€63
Other amounts payable47/48€256k€164k▼
Accrued charges and deferred income492/3€7k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€50k€61k▲
Other operating charges640/8€652€27k▲
Gross operating margin9900€312k€210k▼
Operating profit (loss)9901€262k€121k▼
Financial income75/76B-€4k
Recurring financial income75-€4k
Financial charges65/66B€10k€25k▲
Recurring financial charges65€10k€25k▲
Profit (loss) for the period before taxes9903€252k€101k▼
Income taxes67/77€58k€16k▼
Profit (loss) for the period9904€194k€85k▼
Profit (loss) for the period to be appropriated9905€194k€85k▼
Appropriation of the result
Profit (loss) to be appropriated9906€277k€327k▲
Profit (loss) brought forward from the previous period14P€83k€242k▲
Profit to be distributed694/7€35k€25k▼
Directors or managers695€35k€25k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 75 days late
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 435 days late
2024
30-09
Financial
Weakest financial yearnet €85k ▼56.1%
Net result drops to €85k, the lowest in the series.
2023
30-09
Financial
Highest result since 2022net €194k ▲64.2%
Operating result €262k, net result €194k, both a record.
30-09
Financial
Equity above €1MEq €1.00M ▲18.8%
2 profitable years in a row build equity to €1.00M.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Herentals · 1 establishment unit since 2022
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.
Berteneinde(MRH) 52200 HerentalsGround area
1,588 m²
Building footprint
189 m²
Volume, LiDAR
778 m³
Parcel 13026B0038/00H000, Flanders · tallest building 8.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MIGLIORI
since 20222.333.099.230
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13026B0038/00H000 | Flanders | 1,588 m² | 1 · 189 m² | 8.7 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
984500DBN9DO00CU6516
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MPNC INVEST
BE 0697.971.913
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WALSCHOTS BEHEER
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PLAINE 17
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,380. 3,183 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-05-2022
Fiscal year end30-09
Activities, NACEBEL
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.