MIK DEMOLITION
ActiveMIK DEMOLITION has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €234k and a net result of €23k. Equity is growing by ~23.2% per year across the filed fiscal years. Its solvency ranks better than 48% of 719 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+8
Solvency60▲+3
Growth76▲+8
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 0.79 in 2024; short-term debt: 58.8% and cash: 15.5% of total assets), and 64.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
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
35.2%
Return on assets
3.5%
Age of the figures
9 mo
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
neutral · Filed after the deadline
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. 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
13 d late
2024
28 d early
2023
on the day
2022
on the day
2021
3 d early
2020
3 d early
2019
18 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€1.73M▼ 35.0%
2024 · €2.67M
2019: €845k
2020: €1.49M
2021: €1.63M
2022: €1.59M
2023: €2.89M
2024: €2.67M
2019 → 2025
EBIT margin
3.4%▲ 0.5pp
2024 · 2.8%
2019: -1.7%
2020: 4.2%
2021: 2.2%
2022: 1.7%
2023: 4.5%
2024: 2.8%
2019 → 2025
Net result
€23k
2024 · €-39k
2019: €-22k
2020: €53k
2021: €13k
2022: €4k
2023: €123k
2024: €-39k
2019 → 2025
Working capital
€23k
2024 · €-65k
2019: €-27k
2020: €-60k
2021: €-43k
2022: €34k
2023: €28k
2024: €-65k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.63M-€1.59M▼ 2.6%€2.89M▲ 81.8%€2.67M▼ 7.7%€1.73M▼ 35.0%
Equity€123k-€126k▲ 3.1%€250k▲ 97.6%€210k▼ 15.7%€234k▲ 11.1%
Operating result€36k-€26k▼ 26.0%€129k▲ 391%€76k▼ 41.3%€58k▼ 23.2%
Net result€13k-€4k▼ 71.1%€123k▲ 3,148%€-39k€23k
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €665k
Fixed assets
€250k▼ 40.8%
Current assets
€415k▲ 74.7%
Equity and liabilities €665k
Equity
€234k▲ 11.1%
Debt
€431k▼ 4.1%
The debt ratio falls from 68.1% to 64.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€199k▼
2024 · €302k
Cash flow
€164k▼
2024 · €187k
Solvency
35.2%▲
2024 · 31.9%
Current ratio
1.06▲
2024 · 0.79
Quick ratio
1.06▲
2024 · 0.79
Debt / equity
1.84▼
2024 · 2.14
ROE
10.0%▲
2024 · -18.6%
ROA
3.5%▲
2024 · -5.9%
Interest coverage
11.52▲
2024 · 9.66
Debt
€431k▼
2024 · €450k
Debt ≤ 1 year
€391k▲
2024 · €302k
Debt > 1 year
€40k▼
2024 · €147k
Income taxes
€42k▼
2024 · €61k
Staff costs
€979k▼
2024 · €1.44M
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€660k€665k▲
Fixed assets21/28€423k€250k▼
Tangible fixed assets22/27€422k€248k▼
Plant, machinery and equipment23€119k€100k▼
Furniture and vehicles24€196k€92k▼
Leasing and similar rights25€107k€56k▼
Financial fixed assets28€372€3k▲
Current assets29/58€237k€415k▲
Amounts receivable within one year40/41€134k€311k▲
Trade receivables40€59k€143k▲
Other amounts receivable41€75k€169k▲
Cash at bank and in hand54/58€103k€103k▼
Equity and liabilities
Total equity and liabilities10/49€660k€665k▲
Equity10/15€210k€234k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Share premium1100/10€19k€19k=
Reserves13€4k€4k=
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Profit (loss) carried forward14€188k€211k▲
Amounts payable17/49€450k€431k▼
Amounts payable after more than one year17€147k€40k▼
Financial debts170/4€147k€40k▼
Amounts payable within one year42/48€302k€391k▲
Current portion of amounts payable after more than one year42€99k€82k▼
Trade debts44€160k€216k▲
Suppliers440/4€160k€216k▲
Taxes, remuneration and social security45€25k€59k▲
Taxes450/3-€45k
Remuneration and social security454/9€25k€14k▼
Other amounts payable47/48€19k€34k▲
Income statement
Code20242025
Turnover70€2.67M€1.73M▼
Goods, raw materials, services and sundry goods60/61€890k€533k▼
Remuneration, social security and pensions62€1.44M€979k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€227k€141k▼
Other operating charges640/8€33k€21k▼
Gross operating margin9900€1.78M€1.20M▼
Operating profit (loss)9901€76k€58k▼
Financial income75/76B€18k€27k▲
Recurring financial income75€4k€11k▲
Non-recurring financial income76B€14k€16k▲
Financial charges65/66B€72k€20k▼
Recurring financial charges65€31k€17k▼
Non-recurring financial charges66B€41k€3k▼
Profit (loss) for the period before taxes9903€22k€65k▲
Income taxes67/77€61k€42k▼
Profit (loss) for the period9904€-39k€23k▲
Profit (loss) for the period to be appropriated9905€-39k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€188k€211k▲
Profit (loss) brought forward from the previous period14P€227k€188k▼
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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 13 days late
2025
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-39k ▼132%
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €123k ▲3148%
Operating result €129k, net result €123k, both a record.
30-06
Financial
Equity above €200kEq €250k ▲97.6%
4 profitable years in a row build equity to €250k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-06
Financial
Back to profitnet €53k
Net result €53k after one loss-making year.
30-06
Financial
Equity above €100kEq €109k ▲92.7%
Equity rises from €57k to €109k.
13-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
10-06-2024
KARA Murat: Resigned as Manager
18-05-2021
Zait Tanzhu Nehat: Resigned as Manager
31-12-2015
AVRAMOV ALEKSANDAR SHTEREV: Resigned as Managing director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2010
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.
Parochiestraat 481130 BrusselGround area
2,361 m²
Building footprint
273 m²
Volume, LiDAR
1,774 m³
2 parcels, Brussels · tallest building 15.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Tweetorenstraat 37, 1210 Sint-Joost-ten-Node
since 20102.189.021.566
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821B0331/00L000 | Brussels | 2,205 m² | 1 · 192 m² | 8.0 m · 2 fl. |
| 21572B0080/00D005 | Brussels | 156 m² | 1 · 81 m² | 15.5 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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DEPANNAGE DE GROOTE
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DE VOS - GODET
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Of 1,725 companies in sector 52210 we hold annual accounts for 771. 551 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-06-2010
Fiscal year end31-12
Activities, NACEBEL
43110Demolition
52210Service activities incidental to land transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.