Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Back in profit in 2025, after a loss of €11,109 in 2024.
The accounts state no turnover.
Of this, €79,157 falls due within a year.
2026 accounts not filed: deadline was 31-10-2026.
Less equity than 93% of companies in specialised construction. Sector median €57,716 · 35,168 companies.
In July 2024, 3,631 companies had the same profile as MIMO has now. Each dot stands for 10 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,631 companies, not a prediction for MIMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| MIMO Bonheiden | €96,775 | €58,780 | -7.9% | - |
| 4*S- Trading Antwerp | €105,509 | €56,629 | 27.6% | - |
| RENO-ALL-BATI Evere | €85,929 | €61,025 | 40.9% | - |
| BOZONLUME Ravels | €128,215 | €42,198 | 46.8% | - |
| B & LIZ Antwerp | €72,088 | €40,939 | 52.4% | - |
| ONE BUILDING MAINTENANCE Antwerp | €123,567 | €68,832 | -1269.8% | - |
| DECOBOX Antoing | €80,713 | €46,885 | 71.2% | - |
These companies have the same main activity as MIMO: other construction installation (NACE 43240). They are comparable in size and age: total assets between €72,100 and €128,000, founded between 2007 and 2014.
MIMO files the micro format. That format states no turnover. The gross margin rose from -€5,485 in 2014 to €58,780 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €230,000. Estimated: probably between €170,000 and €340,000.
Higher than 8% of 35,156 companies in 2025.
Higher than 6% of 34,529 companies in 2025.
Higher than 95% of 34,730 companies in 2025.
Net result: top quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
96,775 | 77,218 | 92,230 | 99,174 | 89,340 | 82,195 | 102,702 | 113,994 | 165,604 | 177,235 | 192,643 | 195,622 | |
21/28 |
60,304 | 69,736 | 78,827 | 78,878 | 73,258 | 81,912 | 90,566 | 99,221 | 108,069 | 117,188 | 126,307 | 135,427 | |
22/27 |
59,887 | 69,319 | 78,752 | 78,803 | 73,258 | 81,912 | 90,566 | 99,221 | 108,069 | 117,188 | 126,307 | 135,427 | |
22 |
- | - | - | - | - | - | 90,566 | 99,221 | 107,875 | 116,529 | - | - | |
23 |
- | - | - | - | - | - | - | - | 161 | 548 | 934 | 1,321 | |
24 |
1,271 | 2,707 | 4,144 | 927 | - | - | - | - | 33 | 111 | 190 | 268 | |
26 |
58,616 | 66,612 | 74,608 | 64,604 | 73,258 | 81,912 | - | - | - | - | 125,183 | 133,837 | |
27 |
- | - | - | 13,272 | - | - | - | - | - | - | - | - | |
28 |
417 | 417 | 75 | 75 | - | - | - | - | - | - | - | - | |
29/58 |
36,471 | 7,482 | 13,404 | 20,296 | 16,082 | 283 | 12,136 | 14,774 | 57,535 | 60,047 | 66,336 | 60,195 | |
3 |
- | - | - | - | - | - | 6,977 | 9,364 | 56,476 | 57,729 | 64,396 | 56,803 | |
30/36 |
- | - | - | - | - | - | 6,977 | 9,364 | 56,476 | 57,729 | 64,396 | 56,803 | |
40/41 |
28,868 | 6,343 | 12,564 | 16,680 | 8,599 | 266 | 5,083 | 5,400 | 935 | 302 | - | 972 | |
40 |
12,049 | 4,878 | 11,049 | 11,210 | 8,059 | 266 | 5,083 | 5,400 | 935 | - | - | - | |
41 |
16,820 | 1,464 | 1,516 | 5,470 | 541 | - | - | - | - | 302 | - | 972 | |
54/58 |
7,603 | 1,139 | 839 | 3,615 | 7,483 | 17 | 76 | 10 | 125 | 2,016 | 1,374 | 1,871 | |
490/1 |
- | - | - | - | - | - | - | - | - | - | 566 | 549 | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
96,775 | 77,218 | 92,230 | 99,174 | 89,340 | 82,195 | 102,702 | 113,994 | 165,604 | 177,235 | 192,643 | 195,622 | |
10/15 |
-7,639 | -53,634 | -42,525 | -37,413 | -73,040 | -110,362 | -102,736 | -94,315 | -75,802 | -59,757 | -59,298 | -39,741 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | - | 18,600 | 18,600 | 18,600 | 18,600 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | - | 12,400 | 12,400 | |
11 |
- | - | - | - | - | 18,600 | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | 18,600 | - | - | - | - | - | - | |
14 |
-26,239 | -72,234 | -61,125 | -56,013 | -91,640 | -128,962 | -121,336 | -112,915 | -94,402 | -78,357 | -65,498 | -45,941 | |
17/49 |
104,414 | 130,852 | 134,755 | 136,587 | 162,381 | 192,557 | 205,439 | 208,310 | 241,406 | 236,992 | 251,941 | 235,363 | |
17 |
25,257 | 37,797 | 50,910 | 61,636 | 72,962 | 83,910 | 94,493 | 104,722 | 121,809 | 124,169 | 133,408 | 142,339 | |
170/4 |
25,257 | 37,797 | 50,910 | 61,636 | 72,962 | 83,910 | 94,493 | 104,722 | 121,809 | 124,169 | 133,408 | 142,339 | |
42/48 |
79,157 | 93,055 | 83,845 | 74,951 | 89,419 | 108,647 | 110,946 | 103,588 | 119,597 | 112,823 | 118,532 | 93,024 | |
42 |
12,540 | 12,121 | 11,684 | 11,326 | 10,948 | 11,449 | 10,230 | 9,888 | 2,276 | 9,240 | 8,931 | 8,633 | |
43 |
- | - | - | - | - | - | - | 20,347 | 23,997 | 19,102 | 23,252 | 23,718 | |
430/8 |
- | - | - | - | - | - | - | 20,347 | 23,997 | 19,102 | 23,252 | 23,718 | |
44 |
19,089 | 17,862 | 22,510 | 29,906 | 7,822 | 1,418 | 4,373 | 396 | 15,770 | 18,196 | 25,849 | 29,029 | |
440/4 |
19,089 | 17,862 | 22,510 | 29,906 | 7,822 | 1,418 | 4,373 | 396 | 15,770 | 18,196 | 25,849 | 29,029 | |
45 |
- | - | - | - | - | 1,761 | 1,199 | 146 | 516 | - | 5,747 | - | |
450/3 |
- | - | - | - | - | 1,761 | 1,199 | 146 | 516 | - | 5,747 | - | |
47/48 |
47,528 | 63,072 | 49,651 | 33,719 | 70,649 | 94,019 | 95,145 | 72,810 | 77,038 | 66,285 | 54,753 | 31,644 | |
| Income statement | |||||||||||||
9900 |
58,780 | 3,071 | 7,785 | 47,904 | 50,150 | 11,887 | 7,403 | -4,145 | 1,305 | 6,667 | -920 | -5,485 | |
630 |
9,432 | 9,432 | 9,459 | 8,711 | 8,654 | 8,654 | 8,654 | 8,848 | 9,119 | 9,119 | 9,119 | 29,403 | |
640/8 |
954 | 2,091 | 851 | 674 | 721 | 657 | 651 | 639 | 634 | 634 | 632 | 941 | |
66A |
353 | 261 | 100 | 100 | - | 6,977 | - | - | - | - | - | - | |
9901 |
48,041 | -8,714 | -2,625 | 38,420 | 40,775 | -4,401 | -1,903 | -13,632 | -8,448 | -3,086 | -10,671 | -35,829 | |
75/76B |
2 | - | - | - | - | 13 | - | 2,287 | 261 | 132 | - | 432 | |
75 |
2 | - | - | - | - | 13 | - | 2,287 | 261 | 132 | - | 432 | |
65/66B |
2,048 | 2,395 | 2,487 | 2,793 | 3,454 | 3,237 | 6,518 | 7,168 | 7,859 | 9,905 | 8,886 | 10,544 | |
65 |
2,048 | 2,395 | 2,487 | 2,793 | 3,454 | 3,237 | 6,518 | 7,168 | 7,859 | 9,905 | 8,886 | 10,544 | |
9903 |
45,995 | -11,109 | -5,112 | 35,627 | 37,321 | -7,625 | -8,421 | -18,513 | -16,046 | -12,859 | -19,557 | -45,941 | |
9904 |
45,995 | -11,109 | -5,112 | 35,627 | 37,321 | -7,625 | -8,421 | -18,513 | -16,046 | -12,859 | -19,557 | -45,941 | |
9905 |
45,995 | -11,109 | -5,112 | 35,627 | 37,321 | -7,625 | -8,421 | -18,513 | -16,046 | -12,859 | -19,557 | -45,941 | |
| Appropriation of the result | |||||||||||||
9906 |
-26,239 | -72,234 | -61,125 | -56,013 | -91,640 | -128,962 | -121,336 | -112,915 | -94,402 | -78,357 | -65,498 | -45,941 | |
14P |
-72,234 | -61,125 | -56,013 | -91,640 | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 07-11-2025.
2025 annual accounts filed 7 days after the deadline. Filed on 7 November 2025, deadline 31 October 2025 (7 months after the close on 31 March 2025, Companies Code art. 3:10). Source: NBB, 2025-00564002.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2025 | micro format | 07-11-2025 | 2025-00564002 | |
| 31-03-2024 | micro format | 30-10-2024 | 2024-00520077 | |
| 31-03-2023 | micro format | 31-10-2023 | 2023-00499842 | |
| 31-03-2022 | micro format | 30-10-2022 | 2022-20477553 | |
| 31-03-2021 | micro format | 28-09-2021 | 2021-68700543 | |
| 31-03-2020 | micro format | 30-10-2020 | 2020-66700544 | |
| 31-03-2019 | abbreviated format | 05-09-2019 | 2019-63600432 | |
| 31-03-2018 | abbreviated format | 23-10-2018 | 2018-70200039 | |
| 31-03-2017 | abbreviated format | 07-09-2017 | 2017-60300539 | |
| 31-03-2016 | abbreviated format | 22-09-2016 | 2016-60800005 | |
| 31-03-2015 | abbreviated format | 22-10-2015 | 2015-65300521 | |
| 31-03-2014 | abbreviated format | 02-10-2014 | 2014-63600167 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 57,473 | 718 | 6,834 | 47,131 | 49,429 | 4,253 | 6,752 | -4,784 | 672 | 6,033 | -1,552 | -6,426 | ||
| 55,427 | -1,677 | 4,347 | 44,338 | 45,975 | 1,029 | 233 | -9,665 | -6,926 | -3,740 | -10,437 | -16,538 | ||
| 0 | 342 | 9,407 | 14,331 | 0 | -0 | 0 | 0 | 0 | -0 | 0 | 164,830 | ||
| 6,464 | 299 | -2,776 | -3,867 | 7,466 | -59 | 66 | -115 | -1,891 | 642 | -496 | - | ||
| -42,686 | -85,573 | -70,441 | -54,656 | -73,337 | -108,364 | -98,810 | -88,814 | -62,062 | -52,776 | -52,197 | -32,828 | ||
| -7.9% | -69.5% | -46.1% | -37.7% | -81.8% | -134.3% | -100.0% | -82.7% | -45.8% | -33.7% | -30.8% | -20.3% | ||
| 0.46 | 0.08 | 0.16 | 0.27 | 0.18 | 0.00 | 0.11 | 0.14 | 0.48 | 0.53 | 0.56 | 0.65 | ||
| 0.46 | 0.08 | 0.16 | 0.27 | 0.18 | 0.00 | 0.05 | 0.05 | 0.01 | 0.02 | 0.02 | 0.04 | ||
| 47.5% | -14.4% | -5.5% | 35.9% | 41.8% | -9.3% | -8.2% | -16.2% | -9.7% | -7.3% | -10.2% | -23.5% | ||
| 28.07 | 0.30 | 2.75 | 16.88 | - | - | - | - | - | - | - | - |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-03-2025 | 31-03-2024 | 31-03-2023 | 31-03-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €9,407 | €14,256 |
| Financial fixed assets | - | €342 | - | €75 |
| €9,432 | €9,432 | €9,459 | €8,711 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €48,041, after a loss of €8,714 in 2024. It is the highest result since 2014.
Equity is negative. Debt (€104,414) exceeds the balance-sheet total (€96,775).
MIMO has no parent and no holdings in its annual accounts. MIMO shares no director with another company.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Piastrel registered office Rijmenamseweg 218, 2820 Bonheiden 4312001 Site preparation | 05-09-2013 | 2.216.214.626 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 12031C0055/02E000 | 487 m² | 1 · 163 m² | 6.9 m · 1 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0848.472.361
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