MiReck
ActiveSummary
MiReck has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €118k and a net result of €-18k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 66% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability7▼-28
Solvency86▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.45 against 2.25 in 2024; short-term debt: 38.6% and cash: 10.9% of total assets), and 38.6% of the assets are financed with debt.
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Signals
Four 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-18k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 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
14 d late
2024
21 d late
2023
13 d late
2022
29 d late
2021
23 d late
2020
326 d late
2019
200 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€118k▼ 13.1%
2024 · €136k
Total assets
€192k▼ 19.2%
2024 · €238k
Net result
€-18k▼ 542%
2024 · €-3k
Working capital
€107k▼ 15.6%
2024 · €127k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€11k▲ 110%€-4k€22k€4k▼ 80.5%€-15k
Net result€12k▲ 120%€-8k€20k€-3k€-18k▼ 542%
Equity€126k▲ 10.8%€118k▼ 6.1%€138k▲ 17.3%€136k▼ 2.0%€118k▼ 13.1%
Total assets€225k▲ 25.6%€185k▼ 17.7%€249k▲ 34.6%€238k▼ 4.6%€192k▼ 19.2%
Debt€99k▲ 50.9%€67k▼ 32.4%€111k▲ 65.1%€102k▼ 7.9%€74k▼ 27.3%
Working capital€126k▲ 10.8%€117k▼ 6.7%€138k▲ 17.8%€127k▼ 7.9%€107k▼ 15.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15k after €4k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €192k
Fixed assets
€11k ▲ 24.0%
Current assets
€181k ▼ 20.8%
Equity and liabilities €192k
Equity
€118k ▼ 13.1%
Debt
€74k ▼ 27.3%
Debt's share of the balance-sheet total falls from 42.9% to 38.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-13k▼
2024 · €6k
Cash flow
€-16k▼
2024 · €-1k
Current ratio
2.45▲
2024 · 2.25
Debt to equity
0.63▼
2024 · 0.75
ROE
-15.1%▼
2024 · -2.0%
ROA
-9.3%▼
2024 · -1.2%
Interest coverage
-4.96▼
2024 · 2.10
Debt ≤ 1 year
€74k▼
2024 · €102k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €365 | €391 | €1k | €2k | ▲ 62.4% |
| Other operating charges640/8 | €2k | €2k | €535 | €568 | €1k | ▲ 78.8% |
| Gross operating margin9900 | €13k | €-2k | €23k | €6k | €-12k | ▼ 293% |
| Operating profit (loss)9901 | €11k | €-4k | €22k | €4k | €-15k | ▼ 450% |
| Financial income75/76B | €5k | €735 | €576 | €427 | €115 | ▼ 73.0% |
| Recurring financial income75 | €301 | €735 | €576 | €427 | €115 | ▼ 73.0% |
| Non-recurring financial income76B | €5k | - | - | - | - | - |
| Financial charges65/66B | €311 | €812 | €2k | €3k | €3k | ▼ 2.6% |
| Recurring financial charges65 | €311 | €812 | €2k | €3k | €3k | ▼ 2.6% |
| Profit (loss) for the period before taxes9903 | €15k | €-4k | €20k | €2k | €-18k | ▼ 956% |
| Income taxes67/77 | €3k | €3k | - | €5k | - | - |
| Profit (loss) for the period9904 | €12k | €-8k | €20k | €-3k | €-18k | ▼ 542% |
| Profit (loss) for the period to be appropriated9905 | €12k | €-8k | €20k | €-3k | €-18k | ▼ 542% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €225k | €185k | €249k | €238k | €192k | ▼ 19.2% |
| Fixed assets21/28 | - | €808 | €417 | €9k | €11k | ▲ 24.0% |
| Tangible fixed assets22/27 | - | €808 | €417 | €9k | €11k | ▲ 24.0% |
| Plant, machinery and equipment23 | - | €808 | €417 | €3k | €6k | ▲ 108% |
| Furniture and vehicles24 | - | - | - | €6k | €5k | ▼ 13.8% |
| Current assets29/58 | €225k | €184k | €249k | €229k | €181k | ▼ 20.8% |
| Stocks and contracts in progress3 | - | - | €21k | €21k | - | - |
| Contracts in progress37 | - | - | €21k | €21k | - | - |
| Amounts receivable within one year40/41 | €182k | €142k | €195k | €175k | €152k | ▼ 13.2% |
| Trade receivables40 | €145k | €110k | €159k | €139k | €119k | ▼ 14.3% |
| Other amounts receivable41 | €36k | €32k | €35k | €35k | €32k | ▼ 8.6% |
| Cash at bank and in hand54/58 | €25k | €34k | €26k | €25k | €21k | ▼ 16.4% |
| Deferred charges and accrued income490/1 | €18k | €9k | €7k | €8k | €9k | ▲ 3.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €225k | €185k | €249k | €238k | €192k | ▼ 19.2% |
| Equity10/15 | €126k | €118k | €138k | €136k | €118k | ▼ 13.1% |
| Contributions10/11 | €6k | €6k | €8k | €8k | €8k | = |
| Capital10 | €6k | €6k | - | - | - | - |
| Issued capital100 | €19k | €19k | - | - | - | - |
| Uncalled capital101 | €12k | €12k | - | - | - | - |
| Reserves13 | €2k | €2k | - | - | - | - |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Legal reserve130 | €2k | €2k | - | - | - | - |
| Profit (loss) carried forward14 | €118k | €110k | €130k | €128k | €110k | ▼ 13.9% |
| Amounts payable17/49 | €99k | €67k | €111k | €102k | €74k | ▼ 27.3% |
| Amounts payable within one year42/48 | €99k | €67k | €111k | €102k | €74k | ▼ 27.3% |
| Trade debts44 | €89k | €67k | €111k | €101k | €74k | ▼ 27.0% |
| Suppliers440/4 | €89k | €67k | €111k | €101k | €74k | ▼ 27.0% |
| Taxes, remuneration and social security45 | €10k | - | - | €515 | - | - |
| Taxes450/3 | €6k | - | - | €515 | - | - |
| Remuneration and social security454/9 | €4k | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €106 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12k | €-8k | €20k | €-3k | €-18k | ▼ 542% |
| + Depreciation and write-downs630 | - | €365 | €391 | €1k | €2k | ▲ 62.4% |
| Operating cash flow (approximation) | €12k | €-7k | €21k | €-1k | €-16k | ▼ 986% |
| Investment in fixed assets (approximation) | - | - | €0 | €-10k | €-4k | ▲ 55.6% |
| Change in cash | - | €8k | €-7k | €-1k | €-4k | ▼ 260% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 14 days late
2025
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 326 days late
2021
16-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 200 days late
16-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 566 days late
2019
31-12
Financial
Equity above €100kEq €108k ▲8%
2 profitable years in a row build equity to €108k.
31-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 518 days late
2017
11-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 42 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Antwerpen · 1 establishment unit since 2009
Ground area
176 m²
Building footprint
73 m²
Volume, LiDAR
630 m³
Parcel 11422C0083/00T008, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MiReck BVBA
since 20092.176.881.126
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11422C0083/00T008 | Flanders | 176 m² | 1 · 73 m² | 9.5 m · 3 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.
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Of 4,094 companies in sector 43240 we hold annual accounts for 1,633. 1,365 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
Founded05-03-2009
Fiscal year end31-12
Activities, NACEBEL 2025
43240Other construction installation
16230Manufacture of other builders' carpentry and joinery
46130Agents in the wholesale of timber and building materials
47522Retail trade
81220Other building cleaning and industrial cleaning
Scores and ratios are computed by Checked and are not a credit decision.