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MIRPOL

Active
Private limited companyfounded 201411 yrs activeCanadastraat 28, 1190 Vorst, BelgiumKBO/BCE: BE 0506.936.054
Summary

The computed 12-month bankruptcy probability of MIRPOL is 1.6% (moderate). The 2025 annual accounts show equity of €61k and a net result of €2k. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 78% of 27965 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability71▼-19
Solvency98▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 3.74 against 3.46 in 2024; short-term debt: 26.7% and cash: 62.2% of total assets), and 26.7% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five 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 →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
73.3%
Return on assets
2.1%
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 11 years 0 20 y
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
49 d early
2024
23 d early
2023
21 d early
2022
7 d early
2021
23 d late
2020
25 d early
2019
15 d early
← 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 months
Position in the running window
25-09-2026 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, micro schema

Equity
€61k▲ 1.5%
2024 · €60k
2019: €30klowest in 7 years 2020: €30k▲ +1.1% vs 2019 2021: €39k▲ +29.2% vs 2020 2022: €40k▲ +1.3% vs 2021 2023: €47k▲ +18.4% vs 2022 2024: €60k▲ +29.1% vs 2023 2025: €61k▲ +1.5% vs 2024highest in 7 years
2019 → 2025
Total assets
€84k▼ 1.0%
2024 · €85k
2019: €45klowest in 7 years 2020: €48k▲ +5.5% vs 2019 2021: €63k▲ +32.2% vs 2020 2022: €62k▼ -1.9% vs 2021 2023: €71k▲ +14.9% vs 2022 2024: €85k▲ +18.5% vs 2023highest in 7 years 2025: €84k▼ -1.0% vs 2024
2019 → 2025
Net result
€2k▼ 87.6%
2024 · €14k
2019: €-8klowest in 7 years 2020: €2k▲ +124% vs 2019 2021: €10k▲ +380% vs 2020 2022: €1k▼ -86.0% vs 2021 2023: €8k▲ +499% vs 2022 2024: €14k▲ +78.5% vs 2023highest in 7 years 2025: €2k▼ -87.6% vs 2024
2019 → 2025
Working capital
€61k▲ 3.2%
2024 · €59k
2019: €29k 2020: €21k▼ -29.8% vs 2019lowest in 7 years 2021: €31k▲ +48.6% vs 2020 2022: €34k▲ +9.8% vs 2021 2023: €43k▲ +29.0% vs 2022 2024: €59k▲ +36.8% vs 2023 2025: €61k▲ +3.2% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€39k-€40k▲ 1.3%€47k▲ 18.4%€60k▲ 29.1%€61k▲ 1.5% 2021: €39klowest in 5 years 2022: €40k▲ +1.3% vs 2021 2023: €47k▲ +18.4% vs 2022 2024: €60k▲ +29.1% vs 2023 2025: €61k▲ +1.5% vs 2024highest in 5 years
Operating result€12k-€2k▼ 78.6%€12k▲ 377%€20k▲ 71.8%€4k▼ 81.9% 2021: €12k 2022: €2k▼ -78.6% vs 2021lowest in 5 years 2023: €12k▲ +377% vs 2022 2024: €20k▲ +71.8% vs 2023highest in 5 years 2025: €4k▼ -81.9% vs 2024
Net result€10k-€1k▼ 86.0%€8k▲ 499%€14k▲ 78.5%€2k▼ 87.6% 2021: €10k 2022: €1k▼ -86.0% vs 2021lowest in 5 years 2023: €8k▲ +499% vs 2022 2024: €14k▲ +78.5% vs 2023highest in 5 years 2025: €2k▼ -87.6% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20kOperating result 2021: €12k€12kNet result 2021: €10k€10kOperating result 2022: €2k€2kNet result 2022: €1k€1kOperating result 2023: €12k€12kNet result 2023: €8k€8kOperating result 2024: €20k€20kNet result 2024: €14k€14kOperating result 2025: €4k€4kNet result 2025: €2k€2k20212022202320242025€0€10k€20kOperating result 2023: €12k€12kNet result 2023: €8k€8.1kOperating result 2024: €20k€20kNet result 2024: €14k€14kOperating result 2025: €4k€3.7kNet result 2025: €2k€1.8k202320242025
The operating result falls in 2025; 2025 is 82% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €84k
Fixed assets €125 ▼ 88.4%
Current assets €84k ▲ 0.1%
Equity and liabilities €84k
Equity €61k ▲ 1.5%
Debt €22k ▼ 7.4%
Debt's share of the balance-sheet total falls from 28.6% to 26.7%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€5k▼
2024 · €23k
Cash flow
€3k▼
2024 · €17k
Current ratio
3.74▲
2024 · 3.46
Debt to equity
0.36▼
2024 · 0.40
ROE
2.9%▼
2024 · 24.0%
ROA
2.1%▼
2024 · 17.1%
Interest coverage
34.12▼
2024 · 36.87
Debt ≤ 1 year
€22k▼
2024 · €24k
Income taxes
€2k▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€85k€84k▼
Fixed assets21/28€1k€125▼
Intangible fixed assets21€25-
Tangible fixed assets22/27€926-
Furniture and vehicles24€926-
Financial fixed assets28€125€125=
Current assets29/58€83k€84k▲
Amounts receivable within one year40/41€46k€30k▼
Trade receivables40€39k€19k▼
Other amounts receivable41€7k€11k▲
Cash at bank and in hand54/58€35k€52k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€85k€84k▼
Equity10/15€60k€61k▲
Contributions10/11€6k€8k▲
Reserves13€54k€53k▼
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€52k€53k▲
Amounts payable17/49€24k€22k▼
Amounts payable within one year42/48€24k€22k▼
Trade debts44€2k€750▼
Suppliers440/4€2k€750▼
Taxes, remuneration and social security45€6k€4k▼
Taxes450/3€311€1k▲
Remuneration and social security454/9€6k€3k▼
Other amounts payable47/48€16k€18k▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€951▼
Other operating charges640/8€799€642▼
Gross operating margin9900€23k€5k▼
Operating profit (loss)9901€20k€4k▼
Financial income75/76B€94€61▼
Recurring financial income75€94€61▼
Financial charges65/66B€615€136▼
Recurring financial charges65€615€136▼
Profit (loss) for the period before taxes9903€20k€4k▼
Income taxes67/77€5k€2k▼
Profit (loss) for the period9904€14k€2k▼
Profit (loss) for the period to be appropriated9905€14k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€2k▼
Transfer to equity691/2€14k€919▼
To other reserves6921€14k€919▼
Profit to be distributed694/7€846€880▲
Return on contributions (dividend)694€846€880▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k€2k€2k€951▼ 59.1%
Other operating charges640/8€639€802€739€799€642▼ 19.6%
Gross operating margin9900€14k€6k€15k€23k€5k▼ 77.5%
Operating profit (loss)9901€12k€2k€12k€20k€4k▼ 81.9%
Financial income75/76B-€122€13€94€61▼ 35.1%
Recurring financial income75-€122€13€94€61▼ 35.1%
Financial charges65/66B€727€754€600€615€136▼ 77.9%
Recurring financial charges65€727€754€600€615€136▼ 77.9%
Profit (loss) for the period before taxes9903€11k€2k€11k€20k€4k▼ 81.8%
Income taxes67/77€1k€500€3k€5k€2k▼ 66.2%
Profit (loss) for the period9904€10k€1k€8k€14k€2k▼ 87.6%
Profit (loss) for the period to be appropriated9905€10k€1k€8k€14k€2k▼ 87.6%
Line20212022202320242025Change
Assets
Total assets20/58€63k€62k€71k€85k€84k▼ 1.0%
Fixed assets21/28€8k€6k€3k€1k€125▼ 88.4%
Intangible fixed assets21€100€75€50€25--
Tangible fixed assets22/27€8k€6k€3k€926--
Plant, machinery and equipment23€1k€695€267---
Furniture and vehicles24€7k€5k€3k€926--
Financial fixed assets28€125€125€125€125€125=
Current assets29/58€55k€56k€68k€83k€84k▲ 0.1%
Amounts receivable within one year40/41€30k€38k€36k€46k€30k▼ 36.1%
Trade receivables40€29k€36k€34k€39k€19k▼ 51.6%
Other amounts receivable41€1k€2k€2k€7k€11k▲ 50.4%
Cash at bank and in hand54/58€23k€16k€31k€35k€52k▲ 48.3%
Deferred charges and accrued income490/1€2k€2k€1k€2k€2k▼ 7.1%
Equity and liabilities
Total equity and liabilities10/49€63k€62k€71k€85k€84k▼ 1.0%
Equity10/15€39k€40k€47k€60k€61k▲ 1.5%
Contributions10/11€6k€6k€6k€6k€8k▲ 30.0%
Reserves13€33k€33k€41k€54k€53k▼ 1.7%
Non-distributable reserves130/1€2k€2k€2k€2k--
Reserves not available under the articles1311€2k€2k€2k€2k--
Distributable reserves133€31k€31k€39k€52k€53k▲ 1.8%
Amounts payable17/49€24k€23k€25k€24k€22k▼ 7.4%
Amounts payable within one year42/48€24k€23k€25k€24k€22k▼ 7.4%
Trade debts44€4k€126€547€2k€750▼ 52.8%
Suppliers440/4€4k€126€547€2k€750▼ 52.8%
Taxes, remuneration and social security45€7k€7k€9k€6k€4k▼ 36.1%
Taxes450/3€368€2k€3k€311€1k▲ 292%
Remuneration and social security454/9€6k€5k€6k€6k€3k▼ 53.9%
Other amounts payable47/48€14k€16k€15k€16k€18k▲ 7.6%
Line20212022202320242025Change
Profit (loss) for the period9904€10k€1k€8k€14k€2k▼ 87.6%
+ Depreciation and write-downs630€2k€2k€2k€2k€951▼ 59.1%
Operating cash flow (approximation)€12k€4k€11k€17k€3k▼ 83.6%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€-7k€14k€4k€17k▲ 279%

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
12-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
08-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2019net €14k ▲78.5%
Operating result €20k, net result €14k, both a record.
10-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
23-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
06-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €2k
Net result €2k after one loss-making year.
16-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
13-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
02-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 2 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, Vorst · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
74 m²
Building footprint
53 m²
Volume, LiDAR
663 m³
Parcel 21007A0027/00B009, Brussels · tallest building 16.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MIRPOL
Canadastraat 28, 1190 VorstManufacture of fabricated metal products, except machinery and equipment
since 20142.237.839.092
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21007A0027/00B009 Brussels 74 m² 1 · 53 m² 16.1 m · 4 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.

Similar companies · same sector, comparable size

Of 15,529 companies in sector 43990 we hold annual accounts for 7,420. 6,180 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
Founded17-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities

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