Equity
€179,669 ▲ 0.5%
MIKA CONSTRUCT has made a profit in every financial year since 2013.
MIKA CONSTRUCT
Lifetime
13 annual accounts with figures on one time axispeak €1.2m (2022)
€482,530▼ 52.2%
peak €33,944 (2024)
€914▼ 97.3%
peak €179,669 (2025)
€179,669▲ 0.5%
€105,563▼ 24.6%
Documentsfilings and deeds
10-07-202621 days before the deadline
2025micro format
Turnover from €1.0m to €482,530Gross margin from €56,390 to €20,065Result from €33,944 to €914Debts from €140,002 to €105,563
Key points
from the 2025 annual accountsTurnover
€482,530 ▼ 52.2%
Turnover fell in 2025 from €1.0m to €482,530.
Payment terms
68 days to suppliers
MIKA CONSTRUCT pays its suppliers 29 days later than in 2024. Customers pay 23 days later.
Checked score
54
Fair
Financially stronger than 39% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.4%
01-2025: 2.4%● unchanged vs 12-2024
02-2025: 2.4%● unchanged vs 01-2025
03-2025: 2.4%● unchanged vs 02-2025
04-2025: 2.4%● unchanged vs 03-2025
05-2025: 2.4%● unchanged vs 04-2025
06-2025: 2.3%▼ -0.1 percentage points vs 05-2025
07-2025: 2.5%▲ +0.2 percentage points vs 06-2025
08-2025: 2.9%▲ +0.4 percentage points vs 07-2025highest value
09-2025: 1.9%▼ -1.0 percentage point vs 08-2025
10-2025: 1.9%● unchanged vs 09-2025
11-2025: 1.9%● unchanged vs 10-2025
12-2025: 1.9%● unchanged vs 11-2025
01-2026: 1.9%● unchanged vs 12-2025
02-2026: 1.9%● unchanged vs 01-2026
03-2026: 1.8%▼ -0.1 percentage points vs 02-2026
04-2026: 1.8%● unchanged vs 03-2026
05-2026: 1.8%● unchanged vs 04-2026
06-2026: 1.8%● unchanged vs 05-2026
07-2026: 1.7%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: 1.9%▲ +0.2 percentage points vs 07-2026
09-2026: 1.9%● unchanged vs 08-2026
10-2026: 1.9%● unchanged vs 09-2026
11-2026: 1.9%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
1 of the last 3 accounts late
Sector: Construction of residential and non-residential buildings (NACE 41)
Size: turnover €482,530, total assets €285,232
lowers risk
Founded in 2012
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 41, micro). It does better than 72% of them on solvency, 31% on liquidity, 30% on profitability and 23% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 10,904 companies had the same profile as MIKA CONSTRUCT has now. Each dot stands for 28 companies, two years later.
95.1%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MIKA CONSTRUCT itself is higher: 1.9% within 12 months. It rests on far more data about MIKA CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,904 companies, not a prediction for MIKA CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.35 (2.06 in 2024), above the usual 1.5. Short-term debt is 37% and cash 1.7% of total assets. 37% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 days early
2024
29 days late
2023
71 days late
2022
290 days late
2021
61 days late
2020
92 days late
2019
52 days late
← 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 82 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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. The company usually files around 30 September (4 of the last 5 accounts filed within 82 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0508514976
First establishment
MIKA CONSTRUCT, Negen Provincieslaan 20, Ganshoren
Incorporation
published on 31-12-2012 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MIKA CONSTRUCT Ganshoren | €285,232 | €20,065 | 63.0% | - |
| Group Renovabel Schaerbeek | €262,723 | €17,950 | 55.9% | - |
| PAGGEN Voeren | €269,836 | €18,558 | 67.1% | - |
| I FAIR Dendermonde | €280,879 | €22,815 | 12.2% | - |
| A.A. CONSTRUCT Kraainem | €253,767 | €24,545 | 76.0% | - |
| TELECOM SECURITY Gerpinnes | €284,769 | €24,585 | 59.2% | - |
| WINESPOT Beersel | €246,238 | €19,984 | 16.7% | - |
These companies have the same main activity as MIKA CONSTRUCT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €246,000 and €285,000, founded between 2010 and 2014.
Official details
Source: KBO- Status
- Active since 18-12-2012Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 2 others
- Establishment unit
- 2.215.765.8521083 Ganshoren, since 11-01-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 30-12-2025
Annual accounts 2025
- €285,232▼ 10.5%
- Filing
- Filed on 10-07-2026, 21 days before the end of the filing period
Insights on MIKA CONSTRUCT
MIKA CONSTRUCT has existed since 2012. In 2015 turnover rose from €202,407 to €847,489.
Solvency rose in 2025 from 56.1% to 63.0% because of the retained profit and lower debts.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MIKA CONSTRUCT
- What is the company number of MIKA CONSTRUCT?
- The company number of MIKA CONSTRUCT is 0508.514.976. The VAT number is the same number with BE in front: BE 0508.514.976.
- Where is MIKA CONSTRUCT based?
- The registered office is at Keizer Karellaan 380, 1083 Ganshoren.Company details
- What does MIKA CONSTRUCT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of MIKA CONSTRUCT?
- Legal form of MIKA CONSTRUCT: Coöperatieve vennootschap met beperkte aansprakelijkheid.
- When was MIKA CONSTRUCT founded?
- MIKA CONSTRUCT was founded on 18-12-2012.
- Is MIKA CONSTRUCT still active?
- Yes, MIKA CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of MIKA CONSTRUCT?
- The turnover of MIKA CONSTRUCT was €482,530 in financial year 2025, according to the filed annual accounts.Financials
- Is MIKA CONSTRUCT profitable?
- In financial year 2025, MIKA CONSTRUCT made a profit of €914.
- Where can I find the annual accounts of MIKA CONSTRUCT?
- MIKA CONSTRUCT filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MIKA CONSTRUCT due?
- MIKA CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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