MIK & CO
ActiveSummary
MIK & CO has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €95k and a net result of €10k. Equity is growing by ~29.3% per year across the filed fiscal years. Its solvency ranks better than 33% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35▼-8
Solvency45▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 4.29 against 5.07 in 2024; short-term debt: 22.8% and cash: 16.4% of total assets), but 80.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
19.8%
Return on assets
2.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
55 d late
2023
43 d early
2022
22 d late
2021
30 d late
2020
27 d late
2019
92 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€10k▼ 11.0%
2024 · €11k
2018: €837
2019: €1k
2020: €5k
2021: €6k
2022: €13k
2023: €19k
2024: €11k
2018 → 2025
Working capital
€358k▼ 2.6%
2024 · €367k
2018: €6k
2019: €11k
2020: €181k
2021: €189k
2022: €353k
2023: €360k
2024: €367k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€55k▲ 31.2%€74k▲ 35.3%€85k▲ 15.1%€95k▲ 11.6%
Operating result€8k-€16k▲ 110%€29k▲ 76.9%€31k▲ 6.8%€42k▲ 35.5%
Net result€6k-€13k▲ 110%€19k▲ 48.8%€11k▼ 42.3%€10k▼ 11.0%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 36% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €478k
Fixed assets
€11k ▲ 82.5%
Current assets
€467k ▲ 2.0%
Equity and liabilities €478k
Equity
€95k ▲ 11.6%
Debt
€383k ▲ 1.2%
Debt's share of the balance-sheet total falls from 81.7% to 80.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€47k▲
2024 · €32k
Cash flow
€15k▲
2024 · €12k
Current ratio
4.29▼
2024 · 5.07
Quick ratio
2.33▲
2024 · 1.81
Debt to equity
4.04▼
2024 · 4.46
ROE
10.4%▼
2024 · 13.1%
ROA
2.1%▼
2024 · 2.4%
Interest coverage
1.65▼
2024 · 2.61
Debt ≤ 1 year
€109k▲
2024 · €90k
Debt > 1 year
€274k▼
2024 · €288k
Income taxes
€4k▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€464k€478k▲
Fixed assets21/28€6k€11k▲
Tangible fixed assets22/27€6k€11k▲
Plant, machinery and equipment23€3k€8k▲
Furniture and vehicles24€3k€3k▲
Current assets29/58€458k€467k▲
Stocks and contracts in progress3€294k€213k▼
Stocks30/36€180k€153k▼
Contracts in progress37€114k€60k▼
Amounts receivable within one year40/41€142k€176k▲
Trade receivables40€142k€175k▲
Other amounts receivable41€209€209=
Cash at bank and in hand54/58€20k€78k▲
Deferred charges and accrued income490/1€920-
Equity and liabilities
Total equity and liabilities10/49€464k€478k▲
Equity10/15€85k€95k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€64k€74k▲
Amounts payable17/49€379k€383k▲
Amounts payable after more than one year17€288k€274k▼
Financial debts170/4€288k€274k▼
Amounts payable within one year42/48€90k€109k▲
Current portion of amounts payable after more than one year42€12k€29k▲
Trade debts44€13k-
Suppliers440/4€13k-
Taxes, remuneration and social security45€20k€23k▲
Taxes450/3€15k€23k▲
Remuneration and social security454/9€6k-
Other amounts payable47/48€45k€57k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€909€5k▲
Other operating charges640/8€296-
Gross operating margin9900€32k€47k▲
Operating profit (loss)9901€31k€42k▲
Financial income75/76B€196€28▼
Recurring financial income75€196€28▼
Financial charges65/66B€12k€28k▲
Recurring financial charges65€12k€28k▲
Profit (loss) for the period before taxes9903€19k€14k▼
Income taxes67/77€8k€4k▼
Profit (loss) for the period9904€11k€10k▼
Profit (loss) for the period to be appropriated9905€11k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€64k€74k▲
Profit (loss) brought forward from the previous period14P€53k€64k▲
The notes to these accounts (6 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €19k ▲48.8%
Net result €19k, the highest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
31-12
Financial
Liquidity times 5current ratio 5.82
Current ratio from 1.16 to 5.82; short-term debt falls from €68k to €38k.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 92 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
12-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Brussel · 1 establishment unit since 2008
Ground area
76 m²
Building footprint
76 m²
Volume, LiDAR
1,033 m³
Parcel 21806F0059/00N002, Brussels · tallest building 17.5 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Eedgenotenstraat 117, 1000 Brussel
since 20082.170.573.057
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0059/00N002 | Brussels | 76 m² | 1 · 76 m² | 17.5 m · 5 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 1,804 companies in sector 46831 we hold annual accounts for 1,397. 772 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-04-2008
Fiscal year end31-12
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
42220Construction of utility projects for electricity and telecommunications
46431Wholesale of electrical household appliances and audio-video equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.