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MIMALAGEO

Active
Private limited companyfounded 20242 yrs activeRue Charles Sambon 21, 1300 Wavre, BelgiumKBO/BCE: BE 1010.137.412
Summary

The computed 12-month bankruptcy probability of MIMALAGEO is 7.9% (elevated). The 2024 annual accounts show negative equity (-€8,683) and a net result of -€12,183. Its solvency ranks better than 24% of 18930 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability5
Solvency17
Growth-
Track record67
Bankruptcy probability, 12 months
7.9% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71; short-term debt: 23.8% and cash: 7.6% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-7.6%
Return on assets
-10.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
3 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 3 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 7 June 2024, MIMALAGEO was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
-€8,683
Total assets
€114,318
Net result
-€12,183
Working capital
-€7,883

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €114,318
Fixed assets €95,000
Current assets €19,318
Key figures and ratios
2024 value
EBITDA
-€1,559
Cash flow
-€7,183
Solvency
-7.6%
Current ratio
0.71
Quick ratio
0.47
Debt to equity
-14.17
ROA
-10.7%
Interest coverage
-0.28
Debt
€123,002
Debt ≤ 1 year
€27,201
Debt > 1 year
€95,801
Staff costs
€25,530

Peer companies

Historical observation

Of the 7,663 companies that looked in July 2024 the way this one looks now, 8.2% went bankrupt within 24 months and 84% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.2% went bankrupt
5.4% stopped otherwise
84% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 7.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,663 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 37 lines
Balance sheet Code2024
Assets
Total assets20/58€114,318
Fixed assets21/28€95,000
Intangible fixed assets21€95,000
Current assets29/58€19,318
Stocks and contracts in progress3€6,487
Stocks30/36€6,487
Amounts receivable within one year40/41€4,113
Trade receivables40€4,113
Cash at bank and in hand54/58€8,718
Equity and liabilities
Total equity and liabilities10/49€114,318
Equity10/15-€8,683
Contributions10/11€3,500
Profit (loss) carried forward14-€12,183
Amounts payable17/49€123,002
Amounts payable after more than one year17€95,801
Financial debts170/4€95,801
Amounts payable within one year42/48€27,201
Current portion of amounts payable after more than one year42€3,200
Trade debts44€9,405
Suppliers440/4€9,405
Taxes, remuneration and social security45€11,151
Taxes450/3€7,682
Remuneration and social security454/9€3,469
Other amounts payable47/48€3,445
Income statement Code2024
Remuneration, social security and pensions62€25,530
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,000
Other operating charges640/8€2,915
Gross operating margin9900€26,886
Operating profit (loss)9901-€6,559
Financial income75/76B€10
Recurring financial income75€10
Financial charges65/66B€5,635
Recurring financial charges65€5,635
Profit (loss) for the period before taxes9903-€12,183
Profit (loss) for the period9904-€12,183
Profit (loss) for the period to be appropriated9905-€12,183
Appropriation of the result
Profit (loss) to be appropriated9906-€12,183

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€25,530
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,000
Other operating charges640/8€2,915
Gross operating margin9900€26,886
Operating profit (loss)9901-€6,559
Financial income75/76B€10
Recurring financial income75€10
Financial charges65/66B€5,635
Recurring financial charges65€5,635
Profit (loss) for the period before taxes9903-€12,183
Profit (loss) for the period9904-€12,183
Profit (loss) for the period to be appropriated9905-€12,183
Line2024
Assets
Total assets20/58€114,318
Fixed assets21/28€95,000
Intangible fixed assets21€95,000
Current assets29/58€19,318
Stocks and contracts in progress3€6,487
Stocks30/36€6,487
Amounts receivable within one year40/41€4,113
Trade receivables40€4,113
Cash at bank and in hand54/58€8,718
Equity and liabilities
Total equity and liabilities10/49€114,318
Equity10/15-€8,683
Contributions10/11€3,500
Profit (loss) carried forward14-€12,183
Amounts payable17/49€123,002
Amounts payable after more than one year17€95,801
Financial debts170/4€95,801
Amounts payable within one year42/48€27,201
Current portion of amounts payable after more than one year42€3,200
Trade debts44€9,405
Suppliers440/4€9,405
Taxes, remuneration and social security45€11,151
Taxes450/3€7,682
Remuneration and social security454/9€3,469
Other amounts payable47/48€3,445
Line2024
Profit (loss) for the period9904-€12,183
+ Depreciation and write-downs630€5,000
Operating cash flow (approximation)-€7,183

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
28-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Wavre · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
72 m²
Building footprint
104 m²
Volume, LiDAR
1,167 m³
Parcel 25112M0694/00D000, Wallonia · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
/LA SCEP
Rue Charles Sambon 21, 1300 WavreLimited-service restaurants
since 20242.360.935.458
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25112M0694/00D000 Wallonia 72 m² 1 · 104 m² 13.8 m · 4 fl.
Linked by address, not proof of ownership
Good to know
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 and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,506 companies in sector 56111 we hold annual accounts for 11,454. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded07-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
56220Contract catering and other food service activities
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010137412
Registered 01-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.