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MIK DEMOLITION

Active
Private limited companyfounded 2010active for 16 yearsParochiestraat 48, 1130 Brussel, BelgiumKBO/BCE: BE 0826.565.011
Summary

MIK DEMOLITION has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €233,797 and a net result of €23,361, of which €15,917 non-recurring income. Equity has been growing by about 23% per year since 2019. Its solvency ranks better than 48% of 889 sector peers (NACE 52, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 10-06-2010 Normal situation
Activity
Service activities incidental to land transportation NACE 52210and 1 other
Establishment unit
2.189.021.566 1210 Sint-Joost-ten-Node, since 22-06-2010
Financial year end
31 December
Peppol
Reachable since 31-12-2025

Board and ownership

Board
Shareholders
  • Kara Muratact of 20-02-2026
  • Genc Semihact of 20-02-2026
  • Kara Mikailact of 20-02-2026

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Turnover
€1.7m
▼ 35.0%
Profit
€23,361
Equity
€233,797
▲ 11.1%
Total assets
€664,806
▲ 0.7%
Staff
≈ 15 FTE
estimated
  • 2025 accounts filed 13 days after the deadline
Score breakdownraises riskSector: Warehousing and support activities for transportation (NACE 52)lowers riskFounded in 2010Size: turnover €1.7m, total assets €664,806Figures for financial year 2025 (filed on 18-08-2026)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 39% of micro companies in warehousing and transport support (NACE 52)
Financial strength · tick: 2024
Average
Solvency 60+3
equity 35.2% of total assets
Liquidity 39-8
short-term debt 58.8% · cash 15.5%
Profitability 71+8
return on assets 3.5%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (2,304 companies, NACE 52, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.4%▲ +0.1 percentage points vs 12-2024 02-2025: 0.7%▲ +0.3 percentage points vs 01-2025 03-2025: 0.8%▲ +0.1 percentage points vs 02-2025 04-2025: 1.2%▲ +0.4 percentage points vs 03-2025 05-2025: 1.3%▲ +0.1 percentage points vs 04-2025 06-2025: 1.7%▲ +0.4 percentage points vs 05-2025 07-2025: 2.8%▲ +1.1 percentage points vs 06-2025highest value 08-2025: 0.4%▼ -2.4 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.5%▲ +0.1 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 1.0%▲ +0.5 percentage points vs 07-2026 09-2026: 0.2%▼ -0.8 percentage points vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €20,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.06 (0.79 in 2024), below the usual 1.5. Short-term debt is 58.8% and cash 15.5% 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 52, micro). It does better than 44% of them on solvency, 33% on liquidity, 47% on profitability and 33% on growth.

The bankruptcy probability was computed on 04-11-2026 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).

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

Signals

Five signals.
lowers riskraises risk
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
lowers risk · Founded in 2010
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: turnover €1.7m, total assets €664,806
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 18-08-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 13 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
13 days late
2024
28 days early
2023
on the day
2022
on the day
2021
3 days early
2020
3 days early
2019
18 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 6 days before the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% 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.
Companies Code · seven months
Where today falls in the filing period
04-11-2026 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

  • Positive: Back in profit in 2025after a loss of €39,168 in 2024 €23,361 View
  • New directorslatest change 01-01-2026 · 3 in office 2 joined View
  • Higher gross margin than 84% of companies in warehousing and transport supportsector median €269,358 · 886 companies €1.2m View

Recent changes

  1. · Gazette deed Appointments: Genc Semih (director) and Kara Mikail (director)Transfer of 10 shares from Kara Murat to Genc Semih · Transfer of 10 shares from Kara Murat to Kara Mikail · Kara Murat holds 166 shares
  2. · Gazette deed Change of role: KARA Murat, from manager to directorPermanent representative: KARA Murat
  3. · Gazette deed Registered office moved within BrusselsNew seat: RUE DE LA PAROISSE 48- 1130 BRUXELLES · Previous seat: RUE DES DEUX TOURS 37- 1210 BRUXELLES
All 20 events

Comparable companies

These companies have the same main activity as MIK DEMOLITION: service activities incidental to land transportation (NACE 52210). They are comparable in size and age: total assets between €625,000 and €1.5m, founded between 2007 and 2014.

CompanyTotal assetsGross margin
MIK DEMOLITION Brussel€0.7m€1.2m
TRANS-ALL Beveren-Kruibeke-Zwijndrecht€0.7m€1.0m
CarASAP SA Elsene€1.0m€1.0m
EDE Grimbergen€0.8m€1.0m
JOYE T'REC Roeselare€0.9m€1.7m
I.S.E.T. - INTERNATIONAL SUPPORT FOR EXCEPTIONAL TRANSPORT Limbourg€0.6m€0.7m
BELGIUM RAIL SOLUTIONS Brussel€1.5m€2.2m
Full comparison

Key facts about MIK DEMOLITION

What is the company number of MIK DEMOLITION?
The company number of MIK DEMOLITION is 0826.565.011. The VAT number is the same number with BE in front: BE 0826.565.011.
Where is MIK DEMOLITION based?
The registered office is at Parochiestraat 48, 1130 Brussel.Company details
What does MIK DEMOLITION do?
According to the KBO register, the main activity is service activities incidental to land transportation (NACE 52210).
What is the legal form of MIK DEMOLITION?
The legal form of MIK DEMOLITION is Private limited company (BV).
When was MIK DEMOLITION founded?
MIK DEMOLITION was founded on 10-06-2010.
Is MIK DEMOLITION still active?
Yes, MIK DEMOLITION is an active enterprise in the KBO register.
What is the turnover of MIK DEMOLITION?
The turnover of MIK DEMOLITION was €1.7m in financial year 2025, according to the filed annual accounts.Financials
Is MIK DEMOLITION profitable?
In financial year 2025, MIK DEMOLITION made a profit of €23,361.
Where can I find the annual accounts of MIK DEMOLITION?
MIK DEMOLITION filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MIK DEMOLITION due?
MIK DEMOLITION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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