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MIMO RENOVE

Active
Private limited companyfounded 20233 yrs activeGeneraal Tombeurstraat 81, 1040 Etterbeek, BelgiumKBO/BCE: BE 0803.681.622
Summary

The computed 12-month bankruptcy probability of MIMO RENOVE is 4.4% (elevated). The 2025 annual accounts show equity of €18,723 and a net result of €4,069. Its solvency ranks better than 57% of 4564 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
59 / 100
Fair
An elevated bankruptcy probability caps the score. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▼-37
Solvency72▲+5
Growth52
Track record94
Bankruptcy probability, 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.79 against 1.71 in 2024; short-term debt: 53.2% and cash: 54.7% of total assets), but 53.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
46.8%
Return on assets
10.2%
Age of the figures
12 mo
raises risk · Filed more than 90 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 03-08-2026, 95 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
95 d late
2024
71 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 83 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
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 6 July 2023, MIMO RENOVE was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€18,723▲ 27.8%
2024 · €14,653
Total assets
€39,983▲ 13.5%
2024 · €35,237
Net result
€4,069▼ 70.2%
2024 · €13,653
Working capital
€16,823▲ 14.8%
2024 · €14,653
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€17,211-€5,279▼ 69.3%
Net result€13,653within the sector's middle half-€4,069within the sector's middle half▼ 70.2%
Equity€14,653within the sector's middle half-€18,723within the sector's middle half▲ 27.8%
Total assets€35,237below the sector's middle half-€39,983below the sector's middle half▲ 13.5%
Debt€20,584-€21,261▲ 3.3%
Working capital€14,653-€16,823▲ 14.8%
Solvency41.6%within the sector's middle half-46.8%within the sector's middle half▲ 5.2pp
above within below the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000Operating result 2024: €17,211€17,211Net result 2024: €13,653€13,653Operating result 2025: €5,279€5,279Net result 2025: €4,069€4,06920242025€0€5,000€10,000€15,000Operating result 2024: €17,211€17,200Net result 2024: €13,653€13,700Operating result 2025: €5,279€5,280Net result 2025: €4,069€4,07020242025
The operating result falls in 2025; 2025 is 69% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39,983
Fixed assets €1,900
Current assets €38,083
Equity and liabilities €39,983
Equity €18,723 ▲ 27.8%
Debt €21,261 ▲ 3.3%
Debt's share of the balance-sheet total falls from 58.4% to 53.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.79▲
2024 · 1.71
Debt to equity
1.14▼
2024 · 1.40
ROE
21.7%▼
2024 · 93.2%
ROA
10.2%▼
2024 · 38.7%
Debt ≤ 1 year
€21,261▲
2024 · €20,584
Income taxes
€1,108▼
2024 · €3,413
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% 1.7%
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 75% 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 39,276 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 · 2025 against 2024 · 30 lines
Balance sheet Code20242025
Assets
Total assets20/58€35,237€39,983▲
Fixed assets21/28-€1,900
Financial fixed assets28-€1,900
Current assets29/58€35,237€38,083▲
Amounts receivable within one year40/41€17,558€16,232▼
Trade receivables40€16,845€16,232▼
Other amounts receivable41€713-
Cash at bank and in hand54/58€17,680€21,851▲
Equity and liabilities
Total equity and liabilities10/49€35,237€39,983▲
Equity10/15€14,653€18,723▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€13,653€17,723▲
Amounts payable17/49€20,584€21,261▲
Amounts payable within one year42/48€20,584€21,261▲
Trade debts44€794€363▼
Suppliers440/4€794€363▼
Taxes, remuneration and social security45€3,413€4,521▲
Taxes450/3€3,413€4,521▲
Other amounts payable47/48€16,377€16,377=
Income statement Code20242025
Other operating charges640/8-€521
Gross operating margin9900€17,211€5,800▼
Operating profit (loss)9901€17,211€5,279▼
Financial charges65/66B€145€101▼
Recurring financial charges65€145€101▼
Profit (loss) for the period before taxes9903€17,067€5,177▼
Income taxes67/77€3,413€1,108▼
Profit (loss) for the period9904€13,653€4,069▼
Profit (loss) for the period to be appropriated9905€13,653€4,069▼
Appropriation of the result
Profit (loss) to be appropriated9906€13,653€17,723▲
Profit (loss) brought forward from the previous period14P-€13,653

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Other operating charges640/8-€521-
Gross operating margin9900€17,211€5,800▼ 66.3%
Operating profit (loss)9901€17,211€5,279▼ 69.3%
Financial charges65/66B€145€101▼ 30.0%
Recurring financial charges65€145€101▼ 30.0%
Profit (loss) for the period before taxes9903€17,067€5,177▼ 69.7%
Income taxes67/77€3,413€1,108▼ 67.5%
Profit (loss) for the period9904€13,653€4,069▼ 70.2%
Profit (loss) for the period to be appropriated9905€13,653€4,069▼ 70.2%
Line20242025Change
Assets
Total assets20/58€35,237€39,983▲ 13.5%
Fixed assets21/28-€1,900-
Financial fixed assets28-€1,900-
Current assets29/58€35,237€38,083▲ 8.1%
Amounts receivable within one year40/41€17,558€16,232▼ 7.6%
Trade receivables40€16,845€16,232▼ 3.6%
Other amounts receivable41€713--
Cash at bank and in hand54/58€17,680€21,851▲ 23.6%
Equity and liabilities
Total equity and liabilities10/49€35,237€39,983▲ 13.5%
Equity10/15€14,653€18,723▲ 27.8%
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€13,653€17,723▲ 29.8%
Amounts payable17/49€20,584€21,261▲ 3.3%
Amounts payable within one year42/48€20,584€21,261▲ 3.3%
Trade debts44€794€363▼ 54.3%
Suppliers440/4€794€363▼ 54.3%
Taxes, remuneration and social security45€3,413€4,521▲ 32.5%
Taxes450/3€3,413€4,521▲ 32.5%
Other amounts payable47/48€16,377€16,377=
Line20242025Change
Profit (loss) for the period9904€13,653€4,069▼ 70.2%
Operating cash flow (approximation)€13,653€4,069▼ 70.2%
Change in cash-€4,172-

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

Next filing, fiscal year 2026, expected by 30-04-2027
2026
03-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 95 days late
2025
10-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 acts for this company are 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, Etterbeek · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
296 m²
Building footprint
199 m²
Volume, LiDAR
2,966 m³
Parcel 21364B0194/00D006, Brussels · tallest building 18.3 m, ±5 floors. Linked by address, not a title deed.
39 companies at this address See who is registered here
1 establishment unit
MIMO RENOV
Generaal Tombeurstraat 81, 1040 EtterbeekManufacture of metal structures and parts of structures
since 20232.348.252.808
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21364B0194/00D006 Brussels 296 m² 1 · 199 m² 18.3 m · 5 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, comparable size

Of 6,996 companies in sector 81220 we hold annual accounts for 2,414. 1,765 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded06-07-2023
Fiscal year end30-09
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
43350Other building finishing work
43910Bricklaying and masonry work
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803681622
Also 9925:BE0803681622

Register as of 27 September 2026 · Peppol Directory

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