MIKADO
ActiveMIKADO has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €178k and a net result of €97k. Equity is growing by ~97.5% per year across the filed fiscal years. Its solvency ranks better than 34% of 16527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▲+6
Solvency69▲+19
Growth78=
Track record94
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.35 against 1.3 in 2024; short-term debt: 19.2% and cash: 43.3% of total assets), but 56.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
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 dateAge against the risk zone
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
43.7%
Return on assets
23.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
2 d early
2024
on the day
2023
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€178k▲ 119%
2024 · €81k
2023: €19k
2024: €81k
2023 → 2025
Total assets
€407k▲ 22.9%
2024 · €331k
2023: €275k
2024: €331k
2023 → 2025
Net result
€97k▲ 55.9%
2024 · €62k
2023: €17k
2024: €62k
2023 → 2025
Working capital
€105k▲ 396%
2024 · €21k
2023: €-19k
2024: €21k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€19k-€81k▲ 320%€178k▲ 119%
Operating result€25k-€87k▲ 255%€125k▲ 43.2%
Net result€17k-€62k▲ 264%€97k▲ 55.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 43% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €407k
Fixed assets
€223k▼ 6.1%
Current assets
€184k▲ 96.7%
Equity and liabilities €407k
Equity
€178k▲ 119%
Debt
€229k▼ 8.4%
The debt ratio falls from 75.4% to 56.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€145k▲
2024 · €105k
Cash flow
€117k▲
2024 · €80k
Solvency
43.7%▲
2024 · 24.6%
Current ratio
2.35▲
2024 · 1.30
Quick ratio
2.35▲
2024 · 1.30
Debt / equity
1.29▼
2024 · 3.07
ROE
54.3%▼
2024 · 76.2%
ROA
23.7%▲
2024 · 18.7%
Interest coverage
69.81▲
2024 · 61.79
Debt
€229k▼
2024 · €250k
Debt ≤ 1 year
€78k▲
2024 · €72k
Debt > 1 year
€150k▼
2024 · €175k
Income taxes
€26k▲
2024 · €23k
Staff costs
€25k▼
2024 · €37k
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€331k€407k▲
Fixed assets21/28€238k€223k▼
Tangible fixed assets22/27€238k€221k▼
Land and buildings22€235k€216k▼
Plant, machinery and equipment23€1k€838▼
Furniture and vehicles24€2k€4k▲
Financial fixed assets28-€2k
Current assets29/58€93k€184k▲
Amounts receivable within one year40/41€2k€2k▲
Trade receivables40€1k€909▼
Other amounts receivable41€371€1k▲
Cash at bank and in hand54/58€91k€176k▲
Deferred charges and accrued income490/1€862€6k▲
Equity and liabilities
Total equity and liabilities10/49€331k€407k▲
Equity10/15€81k€178k▲
Contributions10/11€3k€3k=
Reserves13€78k€78k=
Distributable reserves133€78k€78k=
Profit (loss) carried forward14-€97k
Amounts payable17/49€250k€229k▼
Amounts payable after more than one year17€175k€150k▼
Financial debts170/4€150k€150k=
Other amounts payable178/9€25k-
Amounts payable within one year42/48€72k€78k▲
Trade debts44€26k€42k▲
Suppliers440/4€26k€42k▲
Taxes, remuneration and social security45€30k€29k▼
Taxes450/3€24k€26k▲
Remuneration and social security454/9€6k€3k▼
Other amounts payable47/48€16k€8k▼
Accrued charges and deferred income492/3€3k€656▼
Income statement
Code20242025
Remuneration, social security and pensions62€37k€25k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€20k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€143k€171k▲
Operating profit (loss)9901€87k€125k▲
Financial income75/76B€0€10▲
Recurring financial income75€0€10▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€85k€123k▲
Income taxes67/77€23k€26k▲
Profit (loss) for the period9904€62k€97k▲
Profit (loss) for the period to be appropriated9905€62k€97k▲
Appropriation of the result
Profit (loss) to be appropriated9906€62k€97k▲
Transfer to equity691/2€62k-
To other reserves6921€62k-
The notes to these accounts (8 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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2023net €97k ▲55.9%
Operating result €125k, net result €97k, both a record.
30-06
Financial
Equity above €150kEq €178k ▲119%
3 profitable years in a row build equity to €178k.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Liquidity doublescurrent ratio 1.30
Current ratio from 0.60 to 1.30.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Herent · 1 establishment unit since 2021
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.
Schoolstraat 383020 HerentGround area
149 m²
Building footprint
145 m²
Volume, LiDAR
1,374 m³
Parcel 24423G0300/00P002, Flanders · tallest building 13.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MIKADO
since 20212.325.117.813
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24423G0300/00P002 | Flanders | 149 m² | 1 · 145 m² | 13.8 m · 3 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.
Similar companies · same sector, comparable size
NELISSEN MARIE-ANNE
BE 0632.631.723
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Christophe Tylleman
BE 0830.364.837
Heuvelland · Eq €172k
LES TROIS TERRILS
BE 0718.792.368
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Slootmaeckers - De Loof
BE 0782.964.697
Gent · Eq €187k
BISELLE
BE 0652.692.709
Waasmunster · Eq €189k
Of 5,524 companies in sector 86931 we hold annual accounts for 550. 373 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2021
Fiscal year end30-06
Activities, NACEBEL
86904Human health activities
86931Psychology services
68201Renting and operating of own or leased residential real estate, excluding social housing
82100Office administrative and support services
82110Office administrative, office support and other business support activities
86909Human health activities
86995Nutrition and dietetics services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.