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MikeWise

Active
Private limited companyfounded 2020active for 5 yearsNeptunusstraat 12, 8870 Izegem, BelgiumKBO/BCE: BE 0760.473.367

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 27-01-2026 PDF all 4 filings

Equity
-€20,745▼ 105%
2024 · -€10,143
Net result
-€10,601▲ 43.0%
2024 · -€18,611
Total assets
€45,885▼ 27.6%
2024 · €63,393
Solvency
-45.2%▼ 29.2pp
2024 · -16.0%
Trend over the years

2022 to 2025, 4 financial years

The operating result for 2025 is a loss of €9,086, smaller than the loss of €17,082 in 2024.

Operating result-€9,086 2025 Net result-€10,601 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€10,908-€2,515▼ 76.9%-€17,082-€9,086▲ 46.8%
Net result€5,019within the sector's middle half-€1,248below the sector's middle half▼ 75.1%-€18,611below the sector's middle half-€10,601below the sector's middle half▲ 43.0%
Equity€8,419below the sector's middle half-€8,467below the sector's middle half▲ 0.6%-€10,143below the sector's middle half-€20,745below the sector's middle half▼ 105%
Total assets€65,182below the sector's middle half-€61,297below the sector's middle half▼ 6.0%€63,393below the sector's middle half▲ 3.4%€45,885below the sector's middle half▼ 27.6%
Debt€56,763-€52,829▼ 6.9%€73,536▲ 39.2%€66,630▼ 9.4%
Working capital€54,347within the sector's middle half-€55,054within the sector's middle half▲ 1.3%€17,516within the sector's middle half▼ 68.2%€11,508within the sector's middle half▼ 34.3%
Solvency12.9%below the sector's middle half-13.8%below the sector's middle half▲ 0.9pp-16.0%below the sector's middle half▼ 29.8pp-45.2%below the sector's middle half▼ 29.2pp
Current ratio9.04above the sector's middle half-21.02above the sector's middle half▲ 11.993.55within the sector's middle half▼ 17.483.31within the sector's middle half▼ 0.24
Return on assets (ROA)7.7%within the sector's middle half-2.0%within the sector's middle half▼ 5.7pp-29.4%below the sector's middle half▼ 31.4pp-23.1%below the sector's middle half▲ 6.3pp
above within below The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45,885
Fixed assets €29,388 ▼ 24.7%
Current assets €16,497 ▼ 32.4%
Equity and liabilities
Equity-€20,745
Debt€66,630
Equity is negative. Debt (€66,630) exceeds the balance-sheet total (€45,885).
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€4,989▼
2024 · €6,872
Debt > 1 year
€61,641▼
2024 · €66,584
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Securities and guarantees

on own assets and for others
Item30-06-202230-06-202330-06-202430-06-2025
Pledge on other assets, amount secured--€25,000-
Carrying value of the other pledged assets--€37,035-

Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item30-06-202230-06-202330-06-202430-06-2025
Tangible fixed assets€5,896€1,195€45,107€0
Depreciation and write-downs of the year€1,824€1,774€9,595€9,618

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as MikeWise: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €45,100 and €57,600, founded between 2019 and 2021.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
MikeWise Izegem2020€45,885-€20,745€1,204-€10,601-2025
Ikosphera Wezembeek-Oppem2021€45,817-€8,714-€36,393-€53,105-2025
FLAVOR GROUP Pajottegem2021€52,986-€29,234-€8,480-€29,27902025
INITING Hasselt2020€45,154€15,343-€4,915-€5,501-2025
TU Brugge2020€56,202€18,431€1,667€76,683-2025
CERACO Torhout2019€57,553€57,553-€1,232-€181-2025
GewELF Kortrijk2019€45,145€20,031-€5,703-€6,891-2025

They were chosen from the 20,097 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines

Source: Annual accounts 2025 (PDF), filed on 27-01-2026.

Balance sheet Code20242025
Assets
Total assets20/58€63,393€45,885▼
Fixed assets21/28€39,005€29,388▼
Tangible fixed assets22/27€39,005€29,388▼
Plant, machinery and equipment23€1,444€1,246▼
Furniture and vehicles24€37,561€28,142▼
Current assets29/58€24,387€16,497▼
Amounts receivable after more than one year29€13,750€9,500▼
Trade receivables290€13,750-
Other amounts receivable291-€9,500
Amounts receivable within one year40/41€5,462€1,151▼
Trade receivables40€5,136€98▼
Other amounts receivable41€325€1,053▲
Cash at bank and in hand54/58€5,176€5,285▲
Deferred charges and accrued income490/1-€561
Equity and liabilities
Total equity and liabilities10/49€63,393€45,885▼
Equity10/15-€10,143-€20,745▼
Contributions10/11€5,000€5,000=
Reserves13€3,467€3,467=
Distributable reserves133€3,467€3,467=
Profit (loss) carried forward14-€18,611-€29,212▼
Amounts payable17/49€73,536€66,630▼
Amounts payable after more than one year17€66,584€61,641▼
Financial debts170/4€66,584€61,641▼
Amounts payable within one year42/48€6,872€4,989▼
Current portion of amounts payable after more than one year42€4,692€4,944▲
Trade debts44€1,460€45▼
Suppliers440/4€1,460€45▼
Taxes, remuneration and social security45€720€0▼
Taxes450/3€0-
Remuneration and social security454/9€720€0▼
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€80€0▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,595€9,618▲
Other operating charges640/8€299€673▲
Gross operating margin9900-€7,188€1,204▲
Operating profit (loss)9901-€17,082-€9,086▲
Financial income75/76B€1€0▼
Recurring financial income75€1€0▼
Financial charges65/66B€1,529€1,515▼
Recurring financial charges65€1,529€1,515▼
Profit (loss) for the period before taxes9903-€18,611-€10,601▲
Income taxes67/77€0-
Profit (loss) for the period9904-€18,611-€10,601▲
Profit (loss) for the period to be appropriated9905-€18,611-€10,601▲
Appropriation of the result
Profit (loss) to be appropriated9906-€18,611-€29,212▼
Profit (loss) brought forward from the previous period14P--€18,611
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-

The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,824€1,774€9,595€9,618▲ 0.2%
Other operating charges640/8€316€281€299€673▲ 125%
Gross operating margin9900€13,049€4,569-€7,188€1,204-
Operating profit (loss)9901€10,908€2,515-€17,082-€9,086▲ 46.8%
Financial income75/76B€3,085€0€1€0▼ 100%
Recurring financial income75€1,252€0€1€0▼ 100%
Non-recurring financial income76B€1,833€0---
Financial charges65/66B€7,833€570€1,529€1,515▼ 0.9%
Recurring financial charges65€7,833€570€1,529€1,515▼ 0.9%
Profit (loss) for the period before taxes9903€6,161€1,945-€18,611-€10,601▲ 43.0%
Income taxes67/77€1,141€697€0--
Profit (loss) for the period9904€5,019€1,248-€18,611-€10,601▲ 43.0%
Profit (loss) for the period to be appropriated9905€5,019€1,248-€18,611-€10,601▲ 43.0%
Line2022202320242025Change
Assets
Total assets20/58€65,182€61,297€63,393€45,885▼ 27.6%
Fixed assets21/28€4,072€3,493€39,005€29,388▼ 24.7%
Tangible fixed assets22/27€4,072€3,493€39,005€29,388▼ 24.7%
Plant, machinery and equipment23€1,840€1,642€1,444€1,246▼ 13.7%
Furniture and vehicles24€2,232€1,851€37,561€28,142▼ 25.1%
Current assets29/58€61,110€57,804€24,387€16,497▼ 32.4%
Amounts receivable after more than one year29-€15,000€13,750€9,500▼ 30.9%
Trade receivables290-€15,000€13,750--
Other amounts receivable291---€9,500-
Amounts receivable within one year40/41€1,062€2,937€5,462€1,151▼ 78.9%
Trade receivables40€1,062€2,120€5,136€98▼ 98.1%
Other amounts receivable41-€818€325€1,053▲ 224%
Cash at bank and in hand54/58€60,048€39,866€5,176€5,285▲ 2.1%
Deferred charges and accrued income490/1---€561-
Equity and liabilities
Total equity and liabilities10/49€65,182€61,297€63,393€45,885▼ 27.6%
Equity10/15€8,419€8,467-€10,143-€20,745▼ 105%
Contributions10/11€5,000€5,000€5,000€5,000=
Reserves13€3,419€3,467€3,467€3,467=
Distributable reserves133€3,419€3,467€3,467€3,467=
Profit (loss) carried forward14€0€0-€18,611-€29,212▼ 57.0%
Amounts payable17/49€56,763€52,829€73,536€66,630▼ 9.4%
Amounts payable after more than one year17€50,000€50,000€66,584€61,641▼ 7.4%
Financial debts170/4€50,000€50,000€66,584€61,641▼ 7.4%
Amounts payable within one year42/48€6,763€2,749€6,872€4,989▼ 27.4%
Current portion of amounts payable after more than one year42--€4,692€4,944▲ 5.4%
Trade debts44€3,181€0€1,460€45▼ 96.9%
Suppliers440/4€3,181€0€1,460€45▼ 96.9%
Taxes, remuneration and social security45€1,982€1,549€720€0▼ 100%
Taxes450/3€1,982€829€0--
Remuneration and social security454/9-€720€720€0▼ 100%
Other amounts payable47/48€1,600€1,200€0--
Accrued charges and deferred income492/3-€80€80€0▼ 100%
Line2022202320242025Change
Profit (loss) for the period9904€5,019€1,248-€18,611-€10,601▲ 43.0%
+ Depreciation and write-downs630€1,824€1,774€9,595€9,618▲ 0.2%
Operating cash flow (approximation)€6,844€3,022-€9,016-€984▲ 89.1%
Investment in fixed assets (approximation)--€1,195-€45,107€0-
Change in cash--€20,182-€34,690€109-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference Document
30-06-2025 micro format 27-01-2026 2026-00017471 PDF
30-06-2024 micro format 02-12-2024 2024-00607873 PDF
30-06-2023 micro format 18-12-2023 2023-00529419 PDF
30-06-2022 micro format 10-01-2023 2023-20555632 PDF

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