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Mika

Active
Private limited companyfounded 20224 yrs activeJagerslaan(M) 1, 3630 Maasmechelen, BelgiumKBO/BCE: BE 0788.529.430
Summary

The computed 12-month bankruptcy probability of Mika is 3.1% (moderate). The 2025 annual accounts show negative equity (-€192,503) and a net result of -€71,293. Equity is shrinking by ~86.7% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability36▲+1
Solvency23▼-1
Growth32=
Track record94
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.0 in 2024; short-term debt: 101.6% and cash: 0.1% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-1.6%
Return on assets
-0.6%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€192,503
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 31-07-2026, 0 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
on the day
2024
23 d early
2023
8 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 10 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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.
Companies Code · seven months
Position in the running window
27-09-2026 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

History

On 13 July 2022, Mika was incorporated as a Private limited company.1 Total assets went from EUR 12 million in 2023 to EUR 12 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€192,503▼ 58.8%
2024 · -€121,210
Total assets
€12.0m=
2024 · €12.0m
Net result
-€71,293▲ 48.7%
2024 · -€138,839
Working capital
-€12.2m▼ 0.6%
2024 · -€12.1m
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€2,299--€5,659▼ 146%-€2,500▲ 55.8%
Net result-€2,371--€138,839▼ 5,755%-€71,293▲ 48.7%
Equity€17,629--€121,210-€192,503▼ 58.8%
Total assets€12.0m-€12.0m=€12.0m=
Debt€12.0m-€12.1m▲ 1.1%€12.2m▲ 0.6%
Working capital-€12.0m--€12.1m▼ 1.2%-€12.2m▼ 0.6%
Staff (FTE)0-00
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0Operating result 2023: -€2,299-€2,299Net result 2023: -€2,371-€2,371Operating result 2024: -€5,659-€5,659Net result 2024: -€138,839-€138,839Operating result 2025: -€2,500-€2,500Net result 2025: -€71,293-€71,293202320242025-€150,000-€100,000-€50,000€0Operating result 2023: -€2,299-€2,300Net result 2023: -€2,371-€2,370Operating result 2024: -€5,659-€5,660Net result 2024: -€138,839-€139,000Operating result 2025: -€2,500-€2,500Net result 2025: -€71,293-€71,300202320242025
The operating result stays negative: a loss of €2,500 in 2025 against €5,659 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.0m
Fixed assets €12.0m =
Current assets €15,496 ▼ 11.1%
Key figures and ratios
2025 value · change against 2024
Solvency
-1.6%▼
2024 · -1.0%
Current ratio
0.00▼
2024 · 0.00
Debt to equity
-63.42
ROA
-0.6%▲
2024 · -1.2%
Debt ≤ 1 year
€12.2m▲
2024 · €12.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 25 lines
Balance sheet Code20242025
Assets
Total assets20/58€12.0m€12.0m=
Fixed assets21/28€12.0m€12.0m=
Financial fixed assets28€12.0m€12.0m=
Current assets29/58€17,431€15,496▼
Cash at bank and in hand54/58€17,431€15,496▼
Equity and liabilities
Total equity and liabilities10/49€12.0m€12.0m=
Equity10/15-€121,210-€192,503▼
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14-€141,210-€212,503▼
Amounts payable17/49€12.1m€12.2m▲
Amounts payable within one year42/48€12.1m€12.2m▲
Trade debts44€576€1,196▲
Suppliers440/4€576€1,196▲
Other amounts payable47/48€12.1m€12.2m▲
Income statement Code20242025
Other operating charges640/8€62€1,060▲
Gross operating margin9900-€5,597-€1,439▲
Operating profit (loss)9901-€5,659-€2,500▲
Financial charges65/66B€133,180€68,793▼
Recurring financial charges65€133,180€68,793▼
Profit (loss) for the period before taxes9903-€138,839-€71,293▲
Profit (loss) for the period9904-€138,839-€71,293▲
Profit (loss) for the period to be appropriated9905-€138,839-€71,293▲
Appropriation of the result
Profit (loss) to be appropriated9906-€141,210-€212,503▼
Profit (loss) brought forward from the previous period14P-€2,371-€141,210▼
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Other operating charges640/8€62€62€1,060▲ 1,610%
Gross operating margin9900-€2,237-€5,597-€1,439▲ 74.3%
Operating profit (loss)9901-€2,299-€5,659-€2,500▲ 55.8%
Financial charges65/66B€73€133,180€68,793▼ 48.3%
Recurring financial charges65€73€133,180€68,793▼ 48.3%
Profit (loss) for the period before taxes9903-€2,371-€138,839-€71,293▲ 48.7%
Profit (loss) for the period9904-€2,371-€138,839-€71,293▲ 48.7%
Profit (loss) for the period to be appropriated9905-€2,371-€138,839-€71,293▲ 48.7%
Line202320242025Change
Assets
Total assets20/58€12.0m€12.0m€12.0m=
Fixed assets21/28€12.0m€12.0m€12.0m=
Financial fixed assets28€12.0m€12.0m€12.0m=
Current assets29/58€22,574€17,431€15,496▼ 11.1%
Cash at bank and in hand54/58€22,574€17,431€15,496▼ 11.1%
Equity and liabilities
Total equity and liabilities10/49€12.0m€12.0m€12.0m=
Equity10/15€17,629-€121,210-€192,503▼ 58.8%
Contributions10/11€20,000€20,000€20,000=
Profit (loss) carried forward14-€2,371-€141,210-€212,503▼ 50.5%
Amounts payable17/49€12.0m€12.1m€12.2m▲ 0.6%
Amounts payable within one year42/48€12.0m€12.1m€12.2m▲ 0.6%
Trade debts44-€576€1,196▲ 107%
Suppliers440/4-€576€1,196▲ 107%
Other amounts payable47/48€12.0m€12.1m€12.2m▲ 0.6%
Line202320242025Change
Profit (loss) for the period9904-€2,371-€138,839-€71,293▲ 48.7%
Operating cash flow (approximation)-€2,371-€138,839-€71,293▲ 48.7%
Investment in fixed assets (approximation)-€0€0-
Change in cash--€5,144-€1,935▲ 62.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
08-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet -€138,839
Net result drops to -€138,839, the lowest in the series; recovery starts the following year.
23-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Maasmechelen · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
7,330 m²
Building footprint
689 m²
Volume, LiDAR
3,119 m³
2 parcels, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mika
Jagerslaan(M) 1A, 3630 MaasmechelenHoldings
since 20222.335.541.452
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73048C1879/00Z005 Flanders 5,204 m² 1 · 424 m² 6.8 m · 1 fl.
73048C1878/00N002 Flanders 2,126 m² 1 · 265 m² 8.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding · 2 subsidiaries in the tree

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

All subsidiaries, including indirect ones 2

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the 2025 annual accounts of Mika and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded13-07-2022
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.