Equity
€362,221 from €1.0m in 2010
Equity fell by 65% in 15 years.
MIPAL
Lifetime
20 annual accounts with figures on one time axis, 26 filings since 2000peak €462,205 (2010)
€92,318▼ 64.8%
lowest -€31,141 (2025)
-€31,141▼ €144,664
peak €1.0m (2010)
€362,221▼ 7.9%
€585,209▼ 22.2%
peak 1.7 FTE (2009)
0 FTE
Board2 names since 2010
2 directors and 1 other
Documentsfilings and deeds
16-07-202615 days before the deadline
2025abbreviated format
Gross margin from €262,086 to €92,318Loss of €31,141Debts from €752,649 to €585,209Investments €134,193Cash from €360,506 to €112,318
Key points
from the 2025 annual accountsResult
-€31,141 -€31,141
From profit to loss in 2025, after a profit of €113,523 in 2024.
Turnover
≈ €180,000 estimated
The abbreviated format states no turnover.
Investments
€134,193 1.9 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 11.7% higher than in 2024.
Filings
26 annual accounts since 2000
The last five annual accounts were filed 15 to 33 days before the end of the period.
Position in the sector
-€31,141
Lower net result than 89% of companies in head offices and management consultancy. Sector median €43,533 · 10,631 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 8,613 companies had the same profile as MIPAL has now. Each dot stands for 22 companies, two years later.
94.1%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 8,613 companies, not a prediction for MIPAL. 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 17-12-2010
Director, since 24-11-2023
- all the sharesdeed of 06-12-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0472359118
Legal-form change · Resignations & appointments
Resignation: (manager) · Reappointment: (director) · Appointment: (director) · Gazette deed
First establishment
Koning Albert I-laan 25, Roeselare
Incorporation
published on 20-07-2000 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MIPAL Roeselare | €0.9m | €92,318 | 38.2% | 0 |
| LERI Roeselare | €1.0m | €89,890 | 49.1% | 0 |
| VERMEESCH ERWIN Koksijde | €1.0m | €142,010 | 92.9% | 0 |
| MILDIJ Hamont-Achel | €1.3m | €119,647 | 29.3% | 0 |
| R.A.P. MANAGEMENT Ixelles | €1.0m | €66,156 | 19.1% | 0 |
| ESFE Ghent | €1.0m | €97,026 | 50.9% | 1 |
| Finance Management Hamont-Achel | €1.6m | €105,725 | 16.4% | 0.1 |
These companies have the same main activity as MIPAL: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €974,000 and €1.6m, founded between 1993 and 2007.
Official details
Source: KBO- Status
- Active since 11-07-2000Normal situation
- Activity
- Activities of head officesNACE 70100and 1 other
- Establishment unit
- 2.196.873.4208800 Roeselare, since 17-12-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 18-11-2025
Annual accounts 2025
- €947,431▼ 17.3%
- Filing
- Filed on 16-07-2026, 15 days before the end of the filing period
Insights on MIPAL
MIPAL files the abbreviated format. That format states no turnover. The gross margin fell from €423,270 in 2006 to €92,318 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MIPAL
- What is the company number of MIPAL?
- The company number of MIPAL is 0472.359.118. The VAT number is the same number with BE in front: BE 0472.359.118.
- Where is MIPAL based?
- The registered office is at Koning Albert I-laan 25, 8800 Roeselare.Company details
- What does MIPAL do?
- According to the KBO register, the main activity is activities of head offices (NACE 70100).
- What is the legal form of MIPAL?
- MIPAL is a private limited company (BV).
- When was MIPAL founded?
- MIPAL was founded on 11-07-2000.
- Is MIPAL still active?
- Yes, MIPAL is an active enterprise in the KBO register.
- What is the turnover of MIPAL?
- The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €92,318 and 67 comparable companies (NACE 70). It probably lies between €130,000 and €280,000.Financials
- Is MIPAL profitable?
- In financial year 2025, MIPAL made a loss of €31,141.
- Where can I find the annual accounts of MIPAL?
- MIPAL filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MIPAL due?
- MIPAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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