MIMAFI is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.81M and a net result of €107k. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 10% of 2385 sector peers (fiscal year 2025). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 2385 sector peers (2025).
NBB · sector comparisonPosition among 2385 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2023
40 d late
2022
77 d late
2021
143 d late
2020
31 d late
2019
4 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€1.81M▲ 6.3%
2024 · €1.71M
2018: €965k
2019: €1.16M
2020: €1.78M
2021: €1.93M
2022: €1.58M
2023: €1.44M
2024: €1.71M
2018 → 2025
Net result
€107k▼ 60.1%
2024 · €268k
2018: €-32k
2019: €128k
2020: €614k
2021: €157k
2022: €-350k
2023: €-143k
2024: €268k
2018 → 2025
Total assets
€22.95M▲ 15.4%
2024 · €19.89M
2018: €3.29M
2019: €3.99M
2020: €7.83M
2021: €15.15M
2022: €23.07M
2023: €24.19M
2024: €19.89M
2018 → 2025
Solvency
7.9%▼ 0.7pp
2024 · 8.6%
2018: 29.3%
2019: 29.1%
2020: 22.7%
2021: 12.8%
2022: 6.9%
2023: 6.0%
2024: 8.6%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.93M-€1.58M▼ 18.1%€1.44M▼ 9.1%€1.71M▲ 18.6%€1.81M▲ 6.3%
Operating result€203k-€-111k€-135k▼ 22.0%€1.02M€646k▼ 36.6%
Net result€157k-€-350k€-143k▲ 59.1%€268k€107k▼ 60.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22.95M
Fixed assets
€13.40M▲ 65.1%
Current assets
€9.55M▼ 18.9%
Equity and liabilities €22.95M
Equity
€1.81M▲ 6.3%
Provisions
€191k▼ 36.3%
Debt
€20.94M▲ 17.1%
The debt ratio rises from 89.9% to 91.3%. Equity and debt are higher.
Key figures and ratios
Solvency
7.9%▼
2024 · 8.6%
ROE
5.9%▼
2024 · 15.7%
ROA
0.5%▼
2024 · 1.3%
Debt
€20.94M▲
2024 · €17.88M
Debt ≤ 1 year
€4.15M▼
2024 · €5.80M
Debt > 1 year
€16.55M▲
2024 · €11.89M
Income taxes
€160k▲
2024 · €23k
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€19.89M€22.95M▲
Fixed assets21/28€8.12M€13.40M▲
Tangible fixed assets22/27€3.79M€8.02M▲
Land and buildings22€3.78M€8.01M▲
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€1k€1k▼
Financial fixed assets28€4.33M€5.39M▲
Current assets29/58€11.77M€9.55M▼
Amounts receivable after more than one year29€3.40M€3.83M▲
Other amounts receivable291€3.40M€3.83M▲
Stocks and contracts in progress3€4.75M€1.77M▼
Stocks30/36€4.75M€1.77M▼
Amounts receivable within one year40/41€3.06M€3.79M▲
Trade receivables40€0-
Other amounts receivable41€3.06M€3.79M▲
Cash at bank and in hand54/58€545k€126k▼
Deferred charges and accrued income490/1€27k€31k▲
Equity and liabilities
Total equity and liabilities10/49€19.89M€22.95M▲
Equity10/15€1.71M€1.81M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.65M€1.75M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€899k€573k▼
Distributable reserves133€741k€1.17M▲
Provisions and deferred taxes16€300k€191k▼
Provisions for liabilities and charges160/5€0-
Other liabilities and charges164/5€0-
Deferred taxes168€300k€191k▼
Amounts payable17/49€17.88M€20.94M▲
Amounts payable after more than one year17€11.89M€16.55M▲
Financial debts170/4€11.89M€16.55M▲
Amounts payable within one year42/48€5.80M€4.15M▼
Current portion of amounts payable after more than one year42€154k€347k▲
Financial debts43€1.41M€0▼
Credit institutions430/8€1.41M€0▼
Trade debts44€236k€16k▼
Suppliers440/4€236k€16k▼
Advances received on contracts in progress46€1.91M€0▼
Taxes, remuneration and social security45€71k€195k▲
Taxes450/3€71k€195k▲
Other amounts payable47/48€2.03M€3.60M▲
Accrued charges and deferred income492/3€196k€241k▲
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€71k€163k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-108k€0▲
Other operating charges640/8€50k€89k▲
Gross operating margin9900€1.03M€898k▼
Operating profit (loss)9901€1.02M€646k▼
Financial income75/76B€95k€72k▼
Recurring financial income75€95k€72k▼
Financial charges65/66B€828k€559k▼
Recurring financial charges65€828k€559k▼
Profit (loss) for the period before taxes9903€286k€159k▼
Transfer from deferred taxes780€90k€109k▲
Transfer to deferred taxes680€85k€0▼
Income taxes67/77€23k€160k▲
Profit (loss) for the period9904€268k€107k▼
Transfer from tax-exempt reserves789€270k€326k▲
Transfer to tax-exempt reserves689€255k€0▼
Profit (loss) for the period to be appropriated9905€283k€433k▲
Appropriation of the result
Profit (loss) to be appropriated9906€283k€433k▲
Transfer from equity791/2€0-
Transfer to equity691/2€283k€433k▲
To other reserves6921€283k€433k▲
The notes to these accounts (19 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 31 days late
2024
31-12
Financial
Back to profitnet €268k
Net result €268k after 2 loss-making years.
09-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 40 days late
2023
16-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 77 days late
2022
31-12
Financial
Weakest financial yearnet €-350k ▼323%
Net result drops to €-350k, the lowest in the series; recovery starts the following year.
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 143 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €614k ▲379%
Net result €614k, the highest in the series.
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 4 days late
2019
31-12
Financial
Back to profitnet €128k
Net result €128k after one loss-making year.
31-12
Financial
Equity above €1MEq €1.16M ▲20.4%
Equity rises from €965k to €1.16M.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
27-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
24-11-2023
Busschop Jordi: Resigned as Director
24-11-2023
Verdonck Marnik: Resigned as Director
22-03-2018
Go-Up bvba: Resigned as Director
22-03-2018
Jef Kegels: Resigned as Managing director
22-03-2018
Mt-Cino bvba: Resigned as Director
18-05-2015
Claessens Filip Greta Joël: Resigned as Director
18-05-2015
Verdonck Marnik Bart: Resigned as Managing director
07-05-2013
Andrea Ghys: Resigned as Director
07-05-2013
Michel Sels: Resigned as Director
07-05-2013
Michel Sels: Resigned as Managing director
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2000
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.
Leuvenstraat 32000 AntwerpenGround area
3,727 m²
Building footprint
721 m²
Volume, LiDAR
12,603 m³
Parcel 11811L3973/00B002, Flanders · tallest building 21.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Leuvenstraat 3, 2000 Antwerpen
since 20002.033.629.744
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3973/00B002 | Flanders | 3,727 m² | 1 · 721 m² | 21.3 m · 6 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Connections & network
24 connected companiesNetwork connections
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,760. 11,206 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-01-1988
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.