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MIRMIL

Active
Private limited companyfounded 199828 yrs activeZevenhoek(Voo) 27, 9400 Ninove, BelgiumKBO/BCE: BE 0463.340.987

MIRMIL has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.08M and a net result of €189k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 76% of 397 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
82 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-10
Solvency88▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity ample (current ratio 3.58 against 3.32 in 2024; short-term debt: 19% and cash: 19.8% of total assets), and 36.9% 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 riskneutral
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
elevated failure risk from 2 to 8 years 28 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
63.1%
Return on assets
11.1%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies more bankruptcies →
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 12-03-2026, 141 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
141 d early
2024
125 d early
2023
75 d early
2022
125 d early
2021
128 d early
2020
92 d early
2019
49 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 months
Position in the running window
17-09-2026 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

Financials · fiscal year 2025, abbreviated schema

Equity
€1.08M▲ 17.8%
2024 · €914k
2018: €488k 2019: €512k 2020: €538k 2021: €539k 2022: €590k 2023: €625k 2024: €914k
2018 → 2025
Total assets
€1.71M▲ 3.8%
2024 · €1.64M
2018: €1.04M 2019: €894k 2020: €1.08M 2021: €1.05M 2022: €957k 2023: €1.26M 2024: €1.64M
2018 → 2025
Net result
€189k▼ 39.4%
2024 · €312k
2018: €86k 2019: €23k 2020: €27k 2021: €101k 2022: €102k 2023: €110k 2024: €312k
2018 → 2025
Working capital
€838k▲ 5.0%
2024 · €797k
2018: €476k 2019: €481k 2020: €555k 2021: €548k 2022: €563k 2023: €679k 2024: €797k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€539k-€590k▲ 9.5%€625k▲ 5.8%€914k▲ 46.2%€1.08M▲ 17.8%
Operating result€146k-€141k▼ 3.4%€172k▲ 22.2%€474k▲ 176%€292k▼ 38.5%
Net result€101k-€102k▲ 1.5%€110k▲ 8.2%€312k▲ 183%€189k▼ 39.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200k€400kOperating result 2021: €146k€146kNet result 2021: €101k€101kOperating result 2022: €141k€141kNet result 2022: €102k€102kOperating result 2023: €172k€172kNet result 2023: €110k€110kOperating result 2024: €474k€474kNet result 2024: €312k€312kOperating result 2025: €292k€292kNet result 2025: €189k€189k20212022202320242025
The operating result falls in 2025; 2025 is 38% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.71M
Fixed assets €544k▲ 8.4%
Current assets €1.16M▲ 1.7%
Equity and liabilities €1.71M
Equity €1.08M▲ 17.8%
Debt €629k▼ 13.8%
The debt ratio falls from 44.4% to 36.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€438k
2024 · €573k
Cash flow
€336k
2024 · €411k
Solvency
63.1%
2024 · 55.6%
Current ratio
3.58
2024 · 3.32
Quick ratio
3.58
2024 · 3.32
Debt / equity
0.58
2024 · 0.80
ROE
17.6%
2024 · 34.2%
ROA
11.1%
2024 · 19.0%
Interest coverage
23.55
2024 · 27.99
Debt
€629k
2024 · €730k
Debt ≤ 1 year
€324k
2024 · €344k
Debt > 1 year
€269k
2024 · €299k
Income taxes
€84k
2024 · €141k
Staff costs
€714k
2024 · €713k
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€1.64M€1.71M
Fixed assets21/28€502k€544k
Tangible fixed assets22/27€499k€541k
Land and buildings22€2k€1k
Plant, machinery and equipment23€27k€37k
Furniture and vehicles24€470k€483k
Assets under construction and advance payments27-€19k
Financial fixed assets28€3k€3k=
Current assets29/58€1.14M€1.16M
Amounts receivable within one year40/41€224k€574k
Trade receivables40€174k€516k
Other amounts receivable41€50k€57k
Current investments50/53-€250k
Cash at bank and in hand54/58€918k€338k
Equity and liabilities
Total equity and liabilities10/49€1.64M€1.71M
Equity10/15€914k€1.08M
Contributions10/11€19k€19k=
Reserves13€895k€1.06M
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€893k€1.06M
Amounts payable17/49€730k€629k
Amounts payable after more than one year17€299k€269k
Financial debts170/4€299k€269k
Amounts payable within one year42/48€344k€324k
Current portion of amounts payable after more than one year42€128k€164k
Trade debts44€83k€126k
Suppliers440/4€83k€126k
Taxes, remuneration and social security45€44k€28k
Taxes450/3€44k€28k
Other amounts payable47/48€89k€6k
Accrued charges and deferred income492/3€86k€36k
Income statement Code20242025
Remuneration, social security and pensions62€713k€714k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€99k€147k
Other operating charges640/8€8k€8k
Gross operating margin9900€1.29M€1.16M
Operating profit (loss)9901€474k€292k
Financial income75/76B€9€12
Recurring financial income75€9€12
Financial charges65/66B€20k€19k
Recurring financial charges65€20k€19k
Profit (loss) for the period before taxes9903€454k€273k
Transfer to deferred taxes680-€1
Income taxes67/77€141k€84k
Profit (loss) for the period9904€312k€189k
Profit (loss) for the period to be appropriated9905€312k€189k
Appropriation of the result
Profit (loss) to be appropriated9906€312k€189k
Transfer from equity791/2€23k€27k
Transfer to equity691/2€312k€189k
To the legal reserve6920-€189k
To other reserves6921€312k-
Profit to be distributed694/7€23k€27k
Return on contributions (dividend)694€23k€27k
Social balance
Average headcount (FTE)908711.811.9

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
12-03
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Equity above €1MEq €1.08M ▲17.8%
8 profitable years in a row build equity to €1.08M.
28-03
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Highest result since 2018net €312k ▲183%
Operating result €474k, net result €312k, both a record.
17-05
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-03
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
12-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Weakest financial yearnet €23k ▼72.8%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €500kEq €512k ▲4.8%
2 profitable years in a row build equity to €512k.
27-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-05
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
5 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, Ninove · 1 establishment unit since 1998
establishment The establishment unit on the map
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.

Zevenhoek(Voo) 279400 Ninove
Ground area
1,161 m²
Building footprint
349 m²
Volume, LiDAR
1,451 m³
Parcel 41073B0334/00D000, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MIRMIL
Zevenhoek(Voo) 27, 9400 NinoveNACE 4523001
since 19982.087.058.334
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41073B0334/00D000 Flanders 1,161 m² 1 · 349 m² 6.5 m · 1 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

2022 to 2025 · 4 entries · 7,726 EUR awarded · 7,727 EUR paid
Year Entries awardedpaid
2025 1 2,738 EUR2,897 EUR
2024 1 1,148 EUR1,602 EUR
2023 1 2,862 EUR2,313 EUR
2022 1 978 EUR915 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 7,726 EUR · 7,727 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

2 categories
MIRMIL BV34246
category H, class 1 · category H1, class 4
decision 13-07-2022

Similar companies · same sector, comparable size

Of 169 companies in sector 42120 we hold annual accounts for 68. 37 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded12-05-1998
Fiscal year end31-12
Activities, NACEBEL
42120Civil engineering
43320Joinery installation
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.