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MIRLE

Active
Private limited company (pre-2019)founded 199531 yrs activeNekkerspoelstraat 277, 2800 Mechelen, BelgiumKBO/BCE: BE 0455.787.657
Summary

MIRLE has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€296,463) and a net result of -€8,383. Equity is shrinking by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 9574 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64=
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.01 in 2024; short-term debt: 234.5% and cash: 2.6% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-134.5%
Return on assets
-3.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 31 years 0 40 y
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 -€296,463
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-09-2026, 50 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 filings
Deviation from the deadline
2025
50 d late
2024
30 d late
2023
30 d late
2022
47 d late
2021
22 d late
2020
28 d late
2019
32 d late
← 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 34 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% 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 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 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

History

On 3 August 1995, MIRLE was incorporated.1 Total assets went from EUR 291,582 in 2018 to EUR 220,484 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€296,463▼ 2.9%
2024 · -€288,081
Total assets
€220,484▼ 3.9%
2024 · €229,397
Net result
-€8,383▼ 6.1%
2024 · -€7,902
Working capital
-€511,258▲ 0.4%
2024 · -€513,088
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€10,451▼ 4.4%-€10,417▲ 0.3%-€10,244▲ 1.7%-€7,778▲ 24.1%-€8,311▼ 6.8%
Net result-€10,729below the sector's middle half▼ 1.9%-€10,695below the sector's middle half▲ 0.3%-€10,332below the sector's middle half▲ 3.4%-€7,902below the sector's middle half▲ 23.5%-€8,383below the sector's middle half▼ 6.1%
Equity-€259,152below the sector's middle half▼ 4.3%-€269,847below the sector's middle half▼ 4.1%-€280,179below the sector's middle half▼ 3.8%-€288,081below the sector's middle half▼ 2.8%-€296,463below the sector's middle half▼ 2.9%
Total assets€266,345within the sector's middle half▼ 2.8%€252,230within the sector's middle half▼ 5.3%€239,350within the sector's middle half▼ 5.1%€229,397within the sector's middle half▼ 4.2%€220,484within the sector's middle half▼ 3.9%
Debt€525,497▲ 0.6%€522,077▼ 0.7%€519,529▼ 0.5%€517,478▼ 0.4%€516,947▼ 0.1%
Working capital-€508,908below the sector's middle half▼ 2.6%-€515,521below the sector's middle half▼ 1.3%-€518,683below the sector's middle half▼ 0.6%-€513,088below the sector's middle half▲ 1.1%-€511,258below the sector's middle half▲ 0.4%
Solvency-97.3%below the sector's middle half▼ 6.6pp-107.0%below the sector's middle half▼ 9.7pp-117.1%below the sector's middle half▼ 10.1pp-125.6%below the sector's middle half▼ 8.5pp-134.5%below the sector's middle half▼ 8.9pp
Current ratio0.00below the sector's middle half=0.00below the sector's middle half=0.00below the sector's middle half=0.01below the sector's middle half▲ 0.010.01below the sector's middle half=
Return on assets (ROA)-4.0%below the sector's middle half▼ 0.2pp-4.2%below the sector's middle half▼ 0.2pp-4.3%below the sector's middle half▼ 0.1pp-3.4%below the sector's middle half▲ 0.9pp-3.8%below the sector's middle half▼ 0.4pp
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2021: -€10,451-€10,451Net result 2021: -€10,729-€10,729Operating result 2022: -€10,417-€10,417Net result 2022: -€10,695-€10,695Operating result 2023: -€10,244-€10,244Net result 2023: -€10,332-€10,332Operating result 2024: -€7,778-€7,778Net result 2024: -€7,902-€7,902Operating result 2025: -€8,311-€8,311Net result 2025: -€8,383-€8,38320212022202320242025-€15,000-€10,000-€5,000€0Operating result 2023: -€10,244-€10,200Net result 2023: -€10,332-€10,300Operating result 2024: -€7,778-€7,780Net result 2024: -€7,902-€7,900Operating result 2025: -€8,311-€8,310Net result 2025: -€8,383-€8,380202320242025
The operating result stays negative: a loss of €8,311 in 2025 against €7,778 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €220,484
Fixed assets €214,794 ▼ 4.5%
Current assets €5,689 ▲ 29.6%
Key figures and ratios
2025 value · change against 2024
EBITDA
€5,289▼
2024 · €5,719
Cash flow
€5,217▼
2024 · €5,595
Debt to equity
-1.74▲
2024 · -1.80
Interest coverage
73.30▲
2024 · 46.26
Debt ≤ 1 year
€516,947▼
2024 · €517,478
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,795 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a small loss
2.1% went bankrupt
6.0% stopped otherwise
90% still going

A further 1.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 2,795 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 27 lines
Balance sheet Code20242025
Assets
Total assets20/58€229,397€220,484▼
Fixed assets21/28€225,007€214,794▼
Tangible fixed assets22/27€225,007€214,794▼
Land and buildings22€224,694€214,666▼
Other tangible fixed assets26€313€128▼
Current assets29/58€4,390€5,689▲
Cash at bank and in hand54/58€4,390€5,689▲
Equity and liabilities
Total equity and liabilities10/49€229,397€220,484▼
Equity10/15-€288,081-€296,463▼
Contributions10/11€18,592€18,592=
Profit (loss) carried forward14-€306,673-€315,055▼
Amounts payable17/49€517,478€516,947▼
Amounts payable within one year42/48€517,478€516,947▼
Trade debts44-€2,437
Suppliers440/4-€2,437
Other amounts payable47/48€517,478€514,510▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,497€13,599▲
Other operating charges640/8€2,814€2,882▲
Gross operating margin9900€8,532€8,171▼
Operating profit (loss)9901-€7,778-€8,311▼
Financial charges65/66B€124€72▼
Recurring financial charges65€124€72▼
Profit (loss) for the period before taxes9903-€7,902-€8,383▼
Profit (loss) for the period9904-€7,902-€8,383▼
Profit (loss) for the period to be appropriated9905-€7,902-€8,383▼
Appropriation of the result
Profit (loss) to be appropriated9906-€306,673-€315,055▼
Profit (loss) brought forward from the previous period14P-€298,771-€306,673▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,479€13,497€13,497€13,497€13,599▲ 0.8%
Other operating charges640/8€2,406€2,408€2,412€2,814€2,882▲ 2.4%
Gross operating margin9900€5,434€5,487€5,666€8,532€8,171▼ 4.2%
Operating profit (loss)9901-€10,451-€10,417-€10,244-€7,778-€8,311▼ 6.8%
Financial charges65/66B€278€278€88€124€72▼ 41.6%
Recurring financial charges65€278€278€88€124€72▼ 41.6%
Profit (loss) for the period before taxes9903-€10,729-€10,695-€10,332-€7,902-€8,383▼ 6.1%
Profit (loss) for the period9904-€10,729-€10,695-€10,332-€7,902-€8,383▼ 6.1%
Profit (loss) for the period to be appropriated9905-€10,729-€10,695-€10,332-€7,902-€8,383▼ 6.1%
Line20212022202320242025Change
Assets
Total assets20/58€266,345€252,230€239,350€229,397€220,484▼ 3.9%
Fixed assets21/28€264,900€252,001€238,504€225,007€214,794▼ 4.5%
Tangible fixed assets22/27€264,900€252,001€238,504€225,007€214,794▼ 4.5%
Land and buildings22€264,032€251,318€238,006€224,694€214,666▼ 4.5%
Other tangible fixed assets26€868€683€498€313€128▼ 59.1%
Current assets29/58€1,444€229€846€4,390€5,689▲ 29.6%
Cash at bank and in hand54/58€1,444€229€846€4,390€5,689▲ 29.6%
Equity and liabilities
Total equity and liabilities10/49€266,345€252,230€239,350€229,397€220,484▼ 3.9%
Equity10/15-€259,152-€269,847-€280,179-€288,081-€296,463▼ 2.9%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Profit (loss) carried forward14-€277,744-€288,439-€298,771-€306,673-€315,055▼ 2.7%
Amounts payable17/49€525,497€522,077€519,529€517,478€516,947▼ 0.1%
Amounts payable after more than one year17€15,144€6,327----
Financial debts170/4€15,144€6,327----
Amounts payable within one year42/48€510,352€515,750€519,529€517,478€516,947▼ 0.1%
Current portion of amounts payable after more than one year42€8,817€8,817€6,046---
Trade debts44----€2,437-
Suppliers440/4----€2,437-
Other amounts payable47/48€501,535€506,932€513,482€517,478€514,510▼ 0.6%
Line20212022202320242025Change
Profit (loss) for the period9904-€10,729-€10,695-€10,332-€7,902-€8,383▼ 6.1%
+ Depreciation and write-downs630€13,479€13,497€13,497€13,497€13,599▲ 0.8%
Operating cash flow (approximation)€2,750€2,802€3,165€5,595€5,217▼ 6.8%
Investment in fixed assets (approximation)--€597€0€0-€3,387-
Change in cash--€1,216€617€3,544€1,299▼ 63.4%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
19-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 50 days late
2025
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
16-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 47 days late
2022
22-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial Weakest financial yearnet -€10,729
Net result drops to -€10,729, the lowest in the series; recovery starts the following year.
28-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
01-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2019
07-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 7 days late
2018
08-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 8 days late
2017
17-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 48 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Mechelen · 1 establishment unit since 1995
seat establishment The establishment unit on the map
Ground area
1,320 m²
Building footprint
302 m²
Volume, LiDAR
2,430 m³
2 parcels, Flanders · tallest building 13.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Lindenstraat 107, 1800 Vilvoorde
Manufacture of basic metals
since 19952.072.825.464
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12402C0212/00G002 Flanders 924 m² 1 · 210 m² 13.8 m · 3 fl.
23066A0088/00Z003 Flanders 396 m² 1 · 93 m² 8.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 11,573 companies in sector 71121 we hold annual accounts for 6,570. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded03-08-1995
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Not found in the Peppol register

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Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.