Skip to content

MIHEVCO

Active
Private limited companyfounded 2018active for 8 yearsIrisdreef 8, 2950 Kapellen, BelgiumKBO/BCE: BE 0698.577.172

From the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

MIHEVCO has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €18,600 and a net result of €22,117. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 31% of 15,759 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 19-06-2018 Normal situation
Activity
Activities of bailiffs NACE 69103
Establishment unit
2.276.845.564 2950 Kapellen, since 19-06-2018
Financial year end
31 December
Peppol
Reachable since 09-10-2025

Board and ownership

Financial position

94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€32,865
▼ 18.1%
Turnover
≈ €92,000
estimated
Profit
€22,117
▼ 30.3%
Equity
€18,600
=
Total assets
€52,900
▼ 8.2%
Filed on 19-03-2026, 134 days before the deadlinePDF
Score breakdownlowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 1.21, cash €15,734Figures for financial year 2025 (filed on 21-03-2026)Size: total assets €52,900Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 49% of micro companies in legal and accounting (NACE 69)
Financial strength · tick: 2024
Strong
Solvency 60+3
equity 35.2% of total assets
Liquidity 60-4
short-term debt 53.3% · cash 29.7%
Profitability 100=
return on assets 41.8%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (20,076 companies, NACE 69, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026highest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.21 (1.21 in 2024), below the usual 1.5. Short-term debt is 53.3% and cash 29.7% of total assets. 64.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro). It does better than 34% of them on solvency, 46% on liquidity, 82% on profitability and 35% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskneutral
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
lowers risk · Liquidity: current ratio 1.21, cash €15,734
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 21-03-2026)
NBB · annual accounts
lowers risk · Size: total assets €52,900
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 19-03-2026, 134 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
134 days early
2024
38 days early
2023
37 days early
2022
41 days early
2021
41 days early
2020
36 days early
2019
19 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 49 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 June (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Less equity than 81% of companies in legal and accountingsector median €86,378 · 15,764 companies €18,600 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €22,117 8 years View

Comparable companies

These companies have the same main activity as MIHEVCO: activities of bailiffs (NACE 69103). They are comparable in size and age: total assets between €38,600 and €81,200, founded between 2017 and 2020.

CompanyTotal assetsGross margin
MIHEVCO Kapellen€52,900€32,865
SEGALLEX Antwerpen€81,203€29,277
Law Management Consulting Namur€44,979€28,793
HC CONSULTANCE Dalhem€70,802€30,615
Mark Lombarts Gistel€40,708€28,389
Meskens Jon Deinze€38,616€38,032
FX PIERRARD Les Bons Villers€77,175€32,200
Full comparison

Documents

Annual accounts at the NBB

All 8 annual accounts

Articles and registers

Key facts about MIHEVCO

What is the company number of MIHEVCO?
The company number of MIHEVCO is 0698.577.172. The VAT number is the same number with BE in front: BE 0698.577.172.
Where is MIHEVCO based?
The registered office is at Irisdreef 8, 2950 Kapellen.Company details
What does MIHEVCO do?
According to the KBO register, the main activity is activities of bailiffs (NACE 69103).
What is the legal form of MIHEVCO?
The legal form of MIHEVCO is Private limited company (BV).
When was MIHEVCO founded?
MIHEVCO was founded on 19-06-2018.
Is MIHEVCO still active?
Yes, MIHEVCO is an active enterprise in the KBO register.
What is the turnover of MIHEVCO?
The turnover in financial year 2025 is ≈ €92,000. This figure is estimated from the gross margin of €32,865 and 68 comparable companies (NACE 69). It probably lies between €58,000 and €110,000.Financials
Is MIHEVCO profitable?
In financial year 2025, MIHEVCO made a profit of €22,117.
Where can I find the annual accounts of MIHEVCO?
MIHEVCO filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of MIHEVCO due?
MIHEVCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.