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MIPATT

Active
Private limited companyfounded 201016 yrs activeKleine Izegemsestraat 55, 8880 Ledegem, BelgiumKBO/BCE: BE 0829.681.481
Summary

MIPATT has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€32,467) and a net result of -€3,361. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 4952 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

What they do
Landscape service activities
NACE 81300
1 site
How big
€15,787total assets 2025
Equity
-€32,467
Loss
-€3,361
Turnover not published (abridged schema)
Financially healthy?
53 Fair Checked score 2025
Bankruptcy chance 12 m
0.9%
Who decides
Accounts 15 d early0 of 2 deeds read
Why 53Capped at 59: negative equity- Negative equity -€32,467- Loss of €3,361, the second in a row (FY 2025)- Sector Services to buildings and landscape activities (NACE 81)+ Size: total assets €15,787Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 12% of its sector peers (NACE 81, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 0=
equity -205.7% of total assets
Liquidity 27+14
short-term debt 303.1% · cash 21.5%
Profitability 0=
return on assets -21.3%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.0% (7,566 companies)
  • Size: total assets €15,787 lowers the probability for this profile
  • Negative equity -€32,467 raises the probability
  • Loss of €3,361, the second in a row (FY 2025) raises the probability
  • Sector Services to buildings and landscape activities (NACE 81) raises the probability
No credit on open account
Liquidity short (current ratio 0.26 against 0.13 in 2024; short-term debt: 303.1% and cash: 21.5% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 81, micro). Better than this share of them on solvency 3%, liquidity 18%, profitability 4%, growth against the median 22%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €15,787
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Negative equity -€32,467
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Loss of €3,361, the second in a row (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Services to buildings and landscape activities (NACE 81)
In the bankruptcy model this factor raises the probability.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€32,467
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 d early
2024
24 d early
2023
26 d early
2022
7 d early
2021
16 d early
2020
3 d early
2019
30 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 17 days before 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 15 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€32,467 View
  • Risk: 4 loss-making years in a rowloss fiscal year 2025 -€3,361 View
  • Caution: Among the weakest 5% on solvencysector median 41.2% · 4,952 companies -205.7% View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View

By topic

Financials

Fiscal year
2025
Total assets
€15,787
Loss
-€3,361
Solvency
-205.7%
Total assets▲ 37.1%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 16-07-2026Annual accounts filed
  2. 07-07-2025Annual accounts filed
  3. 05-07-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Landscape service activitiesNACE 81300
Founded
28-09-2010
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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