MIH-PROJECTS
ActiveMIH-PROJECTS has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €39k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 85% of 16935 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
90
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 7.66 against 10.96 in 2024), and 11.9% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
88.1%
Return on assets
41.3%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-03-2026, 123 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
123 d early
2024
76 d early
2023
34 d early
2022
11 d early
2021
31 d early
2020
29 d early
2019
22 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€84k▼ 34.2%
2024 · €128k
2018: €42k
2019: €88k
2020: €140k
2021: €107k
2022: €157k
2023: €200k
2024: €128k
2018 → 2025
Total assets
€95k▼ 32.0%
2024 · €140k
2018: €58k
2019: €109k
2020: €154k
2021: €118k
2022: €171k
2023: €206k
2024: €140k
2018 → 2025
Net result
€39k▼ 12.5%
2024 · €45k
2018: €28k
2019: €46k
2020: €53k
2021: €60k
2022: €50k
2023: €43k
2024: €45k
2018 → 2025
Working capital
€76k▼ 39.2%
2024 · €124k
2018: €37k
2019: €82k
2020: €132k
2021: €101k
2022: €153k
2023: €199k
2024: €124k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€107k-€157k▲ 46.8%€200k▲ 27.4%€128k▼ 36.2%€84k▼ 34.2%
Operating result€77k-€63k▼ 17.7%€54k▼ 13.8%€57k▲ 3.7%€49k▼ 12.5%
Net result€60k-€50k▼ 17.0%€43k▼ 13.9%€45k▲ 4.5%€39k▼ 12.5%
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 2025; 2025 is 13% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €95k
Fixed assets
€8k▲ 151%
Current assets
€87k▼ 36.5%
Equity and liabilities €95k
Equity
€84k▼ 34.2%
Debt
€11k▼ 9.0%
The debt ratio rises from 8.9% to 11.9%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€51k▼
2024 · €57k
Cash flow
€41k▼
2024 · €46k
Solvency
88.1%▼
2024 · 91.1%
Current ratio
7.66▼
2024 · 10.96
Quick ratio
7.66▼
2024 · 10.96
Debt / equity
0.14▲
2024 · 0.10
ROE
46.9%▲
2024 · 35.3%
ROA
41.3%▲
2024 · 32.1%
Interest coverage
577.06▲
2024 · 493.95
Debt
€11k▼
2024 · €12k
Debt ≤ 1 year
€11k▼
2024 · €12k
Income taxes
€11k▼
2024 · €12k
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€140k€95k▼
Fixed assets21/28€3k€8k▲
Tangible fixed assets22/27€3k€8k▲
Plant, machinery and equipment23€109€5k▲
Furniture and vehicles24€3k€3k▼
Financial fixed assets28€220€220=
Current assets29/58€137k€87k▼
Amounts receivable within one year40/41€41k€33k▼
Trade receivables40€38k€29k▼
Other amounts receivable41€3k€5k▲
Cash at bank and in hand54/58€94k€50k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€140k€95k▼
Equity10/15€128k€84k▼
Contributions10/11€19k€19k=
Reserves13€109k€65k▼
Distributable reserves133€109k€65k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€12k€11k▼
Amounts payable within one year42/48€12k€11k▼
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45€8k€7k▼
Taxes450/3€6k€4k▼
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€2k€2k▼
Income statement
Code20242025
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€875€1k▲
Other operating charges640/8€563€2k▲
Non-recurring operating charges66A€840€0▼
Gross operating margin9900€59k€53k▼
Operating profit (loss)9901€57k€49k▼
Financial income75/76B€773€768▼
Recurring financial income75€773€768▼
Financial charges65/66B€116€88▼
Recurring financial charges65€116€88▼
Profit (loss) for the period before taxes9903€57k€50k▼
Income taxes67/77€12k€11k▼
Profit (loss) for the period9904€45k€39k▼
Profit (loss) for the period to be appropriated9905€45k€39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€39k▼
Transfer from equity791/2€118k€83k▼
Transfer to equity691/2€45k€39k▼
To other reserves6921€45k€39k▼
Profit to be distributed694/7€118k€83k▼
Return on contributions (dividend)694€118k€83k▼
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
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 34.57
Current ratio from 12.10 to 34.57; short-term debt falls from €14k to €6k.
31-12
Financial
Equity above €200kEq €200k ▲27.4%
6 profitable years in a row build equity to €200k.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €157k ▲46.8%
5 profitable years in a row build equity to €157k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €60k ▲14.2%
Operating result €77k, net result €60k, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €140k ▲59.2%
3 profitable years in a row build equity to €140k.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
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, Kapelle-op-den-Bos · 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.
Veldstraat 1801880 Kapelle-op-den-BosGround area
249 m²
Building footprint
195 m²
Volume, LiDAR
859 m³
Parcel 23056A0109/00T000, Flanders · tallest building 9.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MIH-Projects
since 20172.263.238.444
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23056A0109/00T000 | Flanders | 249 m² | 1 · 195 m² | 9.7 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.
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Of 29,889 companies in sector 62200 we hold annual accounts for 18,318. 15,533 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-2017
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
81230Other cleaning activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.
Contact details
1 entryE-mail:info@mihprojects.be