MIRAGE
ActiveMIRAGE has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.91M and a net result of €215k. Equity is growing by ~34.3% per year across the filed fiscal years. Its solvency ranks better than 91% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €250k at 30 days acceptable
Liquidity ample (current ratio 10.28 against 9.17 in 2024; short-term debt: 8.6% and cash: 52.7% of total assets), and 14.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.2%
Return on assets
6.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
19 d late
2023
57 d late
2022
60 d late
2021
2 d early
2020
5 d late
2019
2 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.91M▲ 0.6%
2024 · €2.90M
2018: €507k
2019: €616k
2020: €1.02M
2021: €1.25M
2022: €1.97M
2023: €2.73M
2024: €2.90M
2018 → 2025
Total assets
€3.42M▼ 1.3%
2024 · €3.46M
2018: €602k
2019: €826k
2020: €1.36M
2021: €1.65M
2022: €2.39M
2023: €3.40M
2024: €3.46M
2018 → 2025
Net result
€215k▼ 13.2%
2024 · €248k
2018: €95k
2019: €110k
2020: €403k
2021: €226k
2022: €730k
2023: €754k
2024: €248k
2018 → 2025
Working capital
€2.73M▲ 1.9%
2024 · €2.68M
2018: €475k
2019: €598k
2020: €1.00M
2021: €1.17M
2022: €1.85M
2023: €2.49M
2024: €2.68M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.25M-€1.97M▲ 58.6%€2.73M▲ 38.2%€2.90M▲ 6.2%€2.91M▲ 0.6%
Operating result€337k-€995k▲ 195%€1.13M▲ 13.6%€360k▼ 68.1%€280k▼ 22.4%
Net result€226k-€730k▲ 224%€754k▲ 3.4%€248k▼ 67.1%€215k▼ 13.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 22% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.42M
Fixed assets
€395k▼ 13.6%
Current assets
€3.03M▲ 0.6%
Equity and liabilities €3.42M
Equity
€2.91M▲ 0.6%
Debt
€506k▼ 10.7%
The debt ratio falls from 16.4% to 14.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€346k▼
2024 · €430k
Cash flow
€281k▼
2024 · €318k
Solvency
85.2%▲
2024 · 83.6%
Current ratio
10.28▲
2024 · 9.17
Quick ratio
10.06▲
2024 · 8.88
Debt / equity
0.17▼
2024 · 0.20
ROE
7.4%▼
2024 · 8.6%
ROA
6.3%▼
2024 · 7.2%
Interest coverage
32.70▼
2024 · 34.54
Debt
€506k▼
2024 · €567k
Debt ≤ 1 year
€294k▼
2024 · €328k
Debt > 1 year
€192k▼
2024 · €239k
Income taxes
€102k▼
2024 · €119k
Staff costs
€14k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.46M€3.42M▼
Fixed assets21/28€457k€395k▼
Tangible fixed assets22/27€457k€395k▼
Land and buildings22€369k€350k▼
Plant, machinery and equipment23€14k€13k▼
Furniture and vehicles24€75k€32k▼
Current assets29/58€3.01M€3.03M▲
Amounts receivable after more than one year29€35k€35k=
Other amounts receivable291€35k€35k=
Stocks and contracts in progress3€96k€66k▼
Stocks30/36€96k€66k▼
Amounts receivable within one year40/41€143k€156k▲
Trade receivables40€132k€145k▲
Other amounts receivable41€11k€11k=
Current investments50/53€453k€967k▲
Cash at bank and in hand54/58€2.28M€1.80M▼
Deferred charges and accrued income490/1€610€134▼
Equity and liabilities
Total equity and liabilities10/49€3.46M€3.42M▼
Equity10/15€2.90M€2.91M▲
Contributions10/11€248k€248k=
Reserves13€2.13M€2.14M▲
Tax-exempt reserves132€4k€4k=
Distributable reserves133€2.12M€2.14M▲
Profit (loss) carried forward14€525k€525k▲
Amounts payable17/49€567k€506k▼
Amounts payable after more than one year17€239k€192k▼
Financial debts170/4€239k€192k▼
Amounts payable within one year42/48€328k€294k▼
Financial debts43€51k€47k▼
Credit institutions430/8€51k€47k▼
Trade debts44€50k€45k▼
Suppliers440/4€50k€45k▼
Taxes, remuneration and social security45€130k€54k▼
Taxes450/3€130k€54k▼
Other amounts payable47/48€97k€149k▲
Accrued charges and deferred income492/3-€20k
Income statement
Code20242025
Non-recurring operating income76A€2k€2k▼
Remuneration, social security and pensions62-€14k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€66k▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€343€256▼
Gross operating margin9900€433k€362k▼
Operating profit (loss)9901€360k€280k▼
Financial income75/76B€20k€48k▲
Recurring financial income75€20k€48k▲
Financial charges65/66B€12k€11k▼
Recurring financial charges65€12k€11k▼
Profit (loss) for the period before taxes9903€368k€317k▼
Income taxes67/77€119k€102k▼
Profit (loss) for the period9904€248k€215k▼
Profit (loss) for the period to be appropriated9905€248k€215k▼
Appropriation of the result
Profit (loss) to be appropriated9906€773k€740k▼
Profit (loss) brought forward from the previous period14P€524k€525k▲
Transfer from equity791/2€79k€199k▲
Transfer to equity691/2€248k€215k▼
To other reserves6921€248k€215k▼
Profit to be distributed694/7€79k€199k▲
Return on contributions (dividend)694€79k€199k▲
Social balance
Average headcount (FTE)9087-1.0
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 19 days late
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 57 days late
2023
31-12
Financial
Highest result since 2018net €754k ▲3.4%
Operating result €1.13M, net result €754k, both a record.
31-12
Financial
Equity above €2MEq €2.73M ▲38.2%
6 profitable years in a row build equity to €2.73M.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 60 days late
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 5 days late
2020
31-12
Financial
Equity above €1MEq €1.02M ▲65.4%
3 profitable years in a row build equity to €1.02M.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Asse · 1 establishment unit since 1997
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Meersstraat 101730 AsseGround area
758 m²
Building footprint
118 m²
Volume, LiDAR
736 m³
Parcel 23322E0349/00F000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Meersstraat 10, 1730 Asse
since 19972.084.531.483
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322E0349/00F000 | Flanders | 758 m² | 1 · 118 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,847 EUR awarded · 2,847 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,847 EUR | 2,847 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 2,069 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-09-1997
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43213Specialised construction activities
43222Installation of electric heating, air conditioning, cooling and ventilation
45310
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.