MIPPA

Active

Private limited companyfounded 2025active for 1 yearNieuwbrugkaai 40, 9000 Gent, BelgiumKBO/BCE: BE 1023.090.078

Summary

MIPPA has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,394 and a net result of €19,394. Its solvency ranks better than 62% of 15,633 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

MIPPAActiveChecked score 97/100

Risk analysis Report Compare

Activity

Activities of lawyers

NACE 69101

1 site

Size

€29,853total assets 2025

Equity: €20,394
Profit: €19,394

Turnover not published (micro format)

Financial health

97 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Structure

Accounts 28 days early

Why 97raises riskFounded in 2025lowers riskSector: Legal and accounting activities (NACE 69)Liquidity: current ratio 2.43, cash €12,689Figures for financial year 2025 (filed 03-07-2026)Show the evidence

Checked score

Score 2025

97 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 75% of its sector peers (NACE 69, micro)

Every signal that counts is listed under Signals.

Financial strength

Strong

Solvency 93

equity 68.3% of total assets

Liquidity 86

short-term debt 31.7% · cash 42.5%

Profitability 100

return on assets 65.0%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Sector median < 0.1% (20,017 companies, NACE 69, micro)

Last 24 months 06-2026: 0.3% 07-2026: 0.3%● unchanged vs 06-2026highest value 08-2026: < 0.1%▼ -0.3 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026

Credit of up to €1,500 on 30-day terms is acceptable

Liquidity ample (current ratio 2.43; short-term debt: 31.7% and cash: 42.5% of total assets), and 31.7% of the assets are financed with debt.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro): better than 65% on solvency, 78% on liquidity and 82% on profitability.

The bankruptcy probability was computed on 10-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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