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MIKAR

Active
Private limited companyfounded 2018active for 8 yearsMoretusstraat 63, 2660 Antwerpen, BelgiumKBO/BCE: BE 0689.692.566
Summary

MIKAR has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €403,993 and a net result of €59,698. Equity has been growing by about 17% per year since 2018. Its solvency ranks better than 72% of 9,883 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 01-02-2018 Normal situation
Activity
Bricklaying and masonry work NACE 43910and 2 others
Establishment unit
2.274.370.579 2660 Antwerpen, since 01-02-2018
Financial year end
31 December
Peppol
Reachable since 04-11-2025

Board and ownership

Board

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€202,293
▲ 11.5%
Turnover
≈ €880,000
estimated
Profit
€59,698
▼ 16.1%
Equity
€403,993
▲ 17.3%
Total assets
€639,016
▼ 11.8%
Employees on 31-12-2025
1
=
Filed on 28-06-2026, 33 days before the deadline
Score breakdownlowers riskLiquidity: current ratio 2.90, cash €310,969Figures for financial year 2025 (filed on 28-06-2026)Equity €403,993 (63.2% of total assets)Size: total assets €639,016Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 70% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 88+16
equity 63.2% of total assets
Liquidity 89+51
short-term debt 28.3% · cash 48.7%
Profitability 80+4
return on assets 9.3%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.7%▲ +0.1 percentage points vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.3%▼ -0.5 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.2%▼ -0.1 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.4%▲ +0.1 percentage points vs 07-2026 09-2026: 0.6%▲ +0.2 percentage points vs 08-2026 10-2026: 0.1%▼ -0.5 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.9 (1.95 in 2024), above the usual 1.5. Short-term debt is 28.3% and cash 48.7% of total assets. 36.8% 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 43, micro). It does better than 69% of them on solvency, 86% on liquidity, 60% on profitability and 65% on growth.

The bankruptcy probability was computed on 01-11-2026 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 riskneutral
lowers risk · Liquidity: current ratio 2.90, cash €310,969
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 28-06-2026)
NBB · annual accounts
lowers risk · Equity €403,993 (63.2% of total assets)
NBB · annual accounts
lowers risk · Size: total assets €639,016
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 28-06-2026, 33 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
33 days early
2024
26 days early
2023
17 days early
2022
28 days early
2021
19 days early
2020
25 days early
2019
17 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 24 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 5 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 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: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €59,698 8 years View

Comparable companies

These companies have the same main activity as MIKAR: bricklaying and masonry work (NACE 43910). They are comparable in size and age: total assets between €442,000 and €789,000, founded between 2017 and 2018.

CompanyTotal assetsGross margin
MIKAR Antwerpen€639,016€202,293
KIDA Wijnegem€486,195€163,923
Bouwwerken Dirk Coenen Herselt€441,729€197,106
IDW Electrics Asse€789,047€196,985
BOUWWERKEN CORYN Pittem€543,027€176,136
VEROLI CONSTRUCT Zwevegem€558,652€159,573
Algemene Bouwwerken Lieven Cool Roeselare€656,389€141,191
Full comparison

Key facts about MIKAR

What is the company number of MIKAR?
The company number of MIKAR is 0689.692.566. The VAT number is the same number with BE in front: BE 0689.692.566.
Where is MIKAR based?
The registered office is at Moretusstraat 63, 2660 Antwerpen.Company details
What does MIKAR do?
According to the KBO register, the main activity is bricklaying and masonry work (NACE 43910).
What is the legal form of MIKAR?
The legal form of MIKAR is Private limited company (BV).
When was MIKAR founded?
MIKAR was founded on 01-02-2018.
Is MIKAR still active?
Yes, MIKAR is an active enterprise in the KBO register.
How many employees does MIKAR have?
MIKAR had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of MIKAR?
The turnover in financial year 2025 is ≈ €880,000. This figure is estimated from the gross margin of €202,293 and 81 comparable companies (NACE 439). It probably lies between €540,000 and €1.5m.
Is MIKAR profitable?
In financial year 2025, MIKAR made a profit of €59,698.
Where can I find the annual accounts of MIKAR?
MIKAR filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MIKAR due?
MIKAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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