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MIMO CLEAN

Active
Private limited companyfounded 2023active for 3 yearsMiddaglijnstraat 56, 1210 Sint-Joost-ten-Node, BelgiumKBO/BCE: BE 0799.479.047

Financials · financial year 2024, micro format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 1 November 2026.

Annual accounts 2024 filed on 31-10-2025 PDF all 2 filings

Equity
€7,981▼ 66.8%
2023 · €24,019
Total assets
€19,947▼ 54.6%
2023 · €43,919
Net result
-€16,039
2023 · €14,019
Working capital
€7,981▼ 50.2%
2023 · €16,019
Trend over the years

2023 to 2024, 2 financial years

The operating result for 2024 is a loss of €14,026, after a profit of €17,070 in 2023.

Operating result-€14,026 2024 Net result-€16,039 2024

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 Remediation activities and other waste management service activities (NACE 39). 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
Line20232024
Operating result€17,070--€14,026
Net result€14,019within the sector's middle half--€16,039below the sector's middle half
Equity€24,019within the sector's middle half-€7,981within the sector's middle half▼ 66.8%
Total assets€43,919below the sector's middle half-€19,947below the sector's middle half▼ 54.6%
Debt€19,900-€11,966▼ 39.9%
Working capital€16,019within the sector's middle half-€7,981within the sector's middle half▼ 50.2%
Solvency54.7%above the sector's middle half-40.0%within the sector's middle half▼ 14.7pp
Current ratio1.81within the sector's middle half-1.67within the sector's middle half▼ 0.14
Return on assets (ROA)31.9%above the sector's middle half--80.4%below the sector's middle half▼ 112.3pp
above within below The sector band is the middle half of the companies in Remediation activities and other waste management service activities (NACE 39). 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.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €19,947
Equity €7,981 ▼ 66.8%
Debt €11,966 ▼ 39.9%
Debt's share of the balance-sheet total rises from 45.3% to 60.0%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€6,026▼
2023 · €26,170
Cash flow
-€8,039▼
2023 · €23,119
Debt to equity
1.50▲
2023 · 0.83
ROE
-201.0%▼
2023 · 58.4%
Interest coverage
-37.61▼
2023 · over 100
Debt ≤ 1 year
€11,966▼
2023 · €19,900
Income taxes
€2,804
Supplier credit
4 days▼
2023 · 52 days
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as MIMO CLEAN: remediation activities and other waste management service activities (NACE 39000). They are comparable in size and age: total assets between €17,400 and €106,000, founded between 2018 and 2023.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
MIMO CLEAN Sint-Joost-ten-Node2023€19,947€7,981-€5,516-€16,0392024
ASBESTOS VLAANDEREN Brugge2023€29,014€8,399€964€3442025
Asbestinventariseren Vlaanderen Dilsen-Stokkem2022€18,436€7,764€2,080€1,2112025
SCHEIRLINCKX AXANA BV Herzele2023€49,385€22,496-€21,720-€21,1432025
Haemers Technologies International Brussel2018€17,436€15,093-€1,948-€9702024
GH CONSTRUCT Vilvoorde2021€35,011€32,116€2,513€4432025
Les Anciennes Sablières de Châtelet Jemeppe-sur-Sambre2022€105,742-€14,938-€742-€1,8742025

They were chosen from the 134 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 3,223 companies had the same profile as MIMO CLEAN has now. Two years later, 3.4% had gone bankrupt and 87.8% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
3.4% went bankrupt
8.7% stopped otherwise
87.8% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of MIMO CLEAN itself is higher: 8.9% within 12 months. It rests on far more data about MIMO CLEAN than the profile alone.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 3.0% 3.1%
10 5.6% 6.2%

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 3,223 companies, not a prediction for MIMO CLEAN. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines

Source: Annual accounts 2024 (PDF), filed on 31-10-2025.

Balance sheet Code20232024
Assets
Total assets20/58€43,919€19,947▼
Fixed assets21/28€8,000-
Tangible fixed assets22/27€8,000-
Furniture and vehicles24€8,000-
Current assets29/58€35,919€19,947▼
Amounts receivable within one year40/41€33,371€11,004▼
Trade receivables40€31,526€6,670▼
Other amounts receivable41€1,845€4,334▲
Cash at bank and in hand54/58€2,436€8,296▲
Deferred charges and accrued income490/1€112€647▲
Equity and liabilities
Total equity and liabilities10/49€43,919€19,947▼
Equity10/15€24,019€7,981▼
Contributions10/11€10,000€10,000=
Capital10€10,000€10,000=
Issued capital100€10,000€10,000=
Profit (loss) carried forward14€14,019-€2,019▼
Amounts payable17/49€19,900€11,966▼
Amounts payable within one year42/48€19,900€11,966▼
Trade debts44€10,463€851▼
Suppliers440/4€10,463€851▼
Other amounts payable47/48€9,437€11,115▲
Income statement Code20232024
Goods, raw materials, services and sundry goods60/61€73,887€85,173▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,100€8,000▼
Other operating charges640/8€453€510▲
Gross operating margin9900€26,622-€5,516▼
Operating profit (loss)9901€17,070-€14,026▼
Financial income75/76B-€1,010
Recurring financial income75-€1,010
Financial charges65/66B€3,051€218▼
Recurring financial charges65€51€160▲
Non-recurring financial charges66B€3,000€58▼
Profit (loss) for the period before taxes9903€14,019-€13,235▼
Income taxes67/77-€2,804
Profit (loss) for the period9904€14,019-€16,039▼
Profit (loss) for the period to be appropriated9905€14,019-€16,039▼
Appropriation of the result
Profit (loss) to be appropriated9906€14,019-€2,019▼
Profit (loss) brought forward from the previous period14P-€14,019

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line20232024Change
Goods, raw materials, services and sundry goods60/61€73,887€85,173▲ 15.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,100€8,000▼ 12.1%
Other operating charges640/8€453€510▲ 12.8%
Gross operating margin9900€26,622-€5,516-
Operating profit (loss)9901€17,070-€14,026-
Financial income75/76B-€1,010-
Recurring financial income75-€1,010-
Financial charges65/66B€3,051€218▼ 92.8%
Recurring financial charges65€51€160▲ 217%
Non-recurring financial charges66B€3,000€58▼ 98.1%
Profit (loss) for the period before taxes9903€14,019-€13,235-
Income taxes67/77-€2,804-
Profit (loss) for the period9904€14,019-€16,039-
Profit (loss) for the period to be appropriated9905€14,019-€16,039-
Line20232024Change
Assets
Total assets20/58€43,919€19,947▼ 54.6%
Fixed assets21/28€8,000--
Tangible fixed assets22/27€8,000--
Furniture and vehicles24€8,000--
Current assets29/58€35,919€19,947▼ 44.5%
Amounts receivable within one year40/41€33,371€11,004▼ 67.0%
Trade receivables40€31,526€6,670▼ 78.8%
Other amounts receivable41€1,845€4,334▲ 135%
Cash at bank and in hand54/58€2,436€8,296▲ 241%
Deferred charges and accrued income490/1€112€647▲ 476%
Equity and liabilities
Total equity and liabilities10/49€43,919€19,947▼ 54.6%
Equity10/15€24,019€7,981▼ 66.8%
Contributions10/11€10,000€10,000=
Capital10€10,000€10,000=
Issued capital100€10,000€10,000=
Profit (loss) carried forward14€14,019-€2,019-
Amounts payable17/49€19,900€11,966▼ 39.9%
Amounts payable within one year42/48€19,900€11,966▼ 39.9%
Trade debts44€10,463€851▼ 91.9%
Suppliers440/4€10,463€851▼ 91.9%
Other amounts payable47/48€9,437€11,115▲ 17.8%
Line20232024Change
Profit (loss) for the period9904€14,019-€16,039-
+ Depreciation and write-downs630€9,100€8,000▼ 12.1%
Operating cash flow (approximation)€23,119-€8,039-
Change in cash-€5,860-

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 (2)
Financial year Type Filed Reference Document
31-12-2024 micro format 31-10-2025 2025-00559955 PDF
31-12-2023 micro format 31-10-2024 2024-00530901 PDF

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