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MIJNEN

Active
Public limited companyfounded 196758 yrs activeKempische steenweg 311, 3500 Hasselt, BelgiumKBO/BCE: BE 0406.218.182
Summary

MIJNEN has been active since 1967 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €233.8m and a net result of €906,670. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 88% of 3447 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200NACE 10100Business consulting NACE 70220
#2 company by equity in Hasselt, Professional and technical services sector1 site
Size
€1turnover 2025
Equity
€233.8m
Profit
€906,670
Financial health
93 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Parent
LIMBURGSE RECONVERSIE MAATSCHAPPIJ · 99.99%
Board
9 members
Holdings
14
Auditor: Ernst et Young Reviseurs d'EntreprisesAccounts 51 d early
Why 93- Liquidity: current ratio 44.53, cash €8.3m+ Size: turnover €1, total assets €248.4m+ Sector Activities of head offices; management consultancy activities (NACE 70)+ Equity €233.8m (94.1% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Better than 46% of its sector peers (NACE 70, large)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Average
Solvency 100=
equity 94.1% of total assets
Liquidity 54-1
short-term debt 0.2% · cash 3.3%
Profitability 13-1
return on assets 0.4%
Bankruptcy probability, 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 0.2% (200 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%▲ +1.9% vs 12-2024 02-2025: 0.1%▼ -3.7% vs 01-2025 03-2025: 0.1%▲ +1.9% vs 02-2025 04-2025: 0.1%▲ +13.2% vs 03-2025highest value 05-2025: 0.1%● 0.0% vs 04-2025highest value 06-2025: 0.1%▼ -10.0% vs 05-2025 07-2025: < 0.1%▼ -35.2% vs 06-2025lowest value 08-2025: < 0.1%● 0.0% vs 07-2025lowest value 09-2025: < 0.1%● 0.0% vs 08-2025lowest value 10-2025: < 0.1%● 0.0% vs 09-2025lowest value 11-2025: < 0.1%● 0.0% vs 10-2025lowest value 12-2025: < 0.1%● 0.0% vs 11-2025lowest value 01-2026: < 0.1%● 0.0% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%▲ +2.9% vs 02-2026 04-2026: < 0.1%▲ +2.8% vs 03-2026 05-2026: < 0.1%● 0.0% vs 04-2026 06-2026: < 0.1%● 0.0% vs 05-2026 07-2026: < 0.1%▲ +8.1% vs 06-2026 08-2026: < 0.1%● 0.0% vs 07-2026 09-2026: < 0.1%● 0.0% vs 08-2026 10-2026: < 0.1%● 0.0% vs 09-2026
  • Size: turnover €1, total assets €248.4m lowers the probability for this profile
  • Liquidity: current ratio 44.53, cash €8.3m raises the probability
  • Sector Activities of head offices; management consultancy activities (NACE 70) lowers the probability
  • Equity €233.8m (94.1% of total assets) lowers the probability
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 70, large). Better than this share of them on solvency 74%, liquidity 86%, profitability 5%, growth against the median 17%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: turnover €1, total assets €248.4m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 44.53, cash €8.3m
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Activities of head offices; management consultancy activities (NACE 70)
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Equity €233.8m (94.1% of total assets)
In the bankruptcy model this factor lowers the probability.
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 10-06-2026, 51 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
51 d early
2024
58 d early
2023
62 d early
2022
62 d early
2021
52 d early
2020
50 d early
2019
51 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 55 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 3 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Resignation: Koen Nulens (head of corporate…Appointment: Sarina Wolfs (head of…
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Caution: Result fell in 2025from €4.3m to €906,670 ▼ 78.7% View
  • Positive: Among the best 5% on equitysector median €1.1m · 3,447 companies €233.8m View
  • Controlled by LIMBURGSE RECONVERSIE MAATSCHAPPIJitself parent of 10 companies 99.99% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • New directorlatest change 12-11-2025 · 9 in office 1 joined View
  • Active since 1967founded 29-12-1967 58 years View

By topic

Financials

Fiscal year
2025
Turnover
€1
Profit
€906,670
Solvency
94.1%
Turnover▼ 99.9%
Net result
20182025
Go to Financials

Board & ownership

Board
9 members
Parent
LIMBURGSE RECONVERSIE MAATSCHAPPIJ · 99.99%
Auditor
Ernst et Young Reviseurs…
Go to Board & ownership

Timeline

Events
43
Since
2007
Next accounts
by 31-07-2027
  1. 10-06-2026Annual accounts filed
  2. 27-11-2025Resignation: Koen Nulens (head of corporate real…
  3. 03-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Business and other management consultancyNACE 70200
Founded
29-12-1967
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
1
Purpose
I. Het exploiteren, door het tot stand brengen en de ontginning van alle winplaatsen of…
Go to Articles of association

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