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MIRRORS PROJECT

Active
Private limited companyfounded 2025active for 1 yearAvenue Circulaire 98, 6200 Châtelet, BelgiumKBO/BCE: BE 1024.697.409
Summary

MIRRORS PROJECT has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8,485 and a net result of €4,985. Its solvency ranks better than 36% of 22,576 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Activity
Retail sale of clothing and accessories for women, men, children and babies (general range)
NACE 47716
1 site
Size
€49,226total assets 2025
Equity
€8,485
Profit
€4,985
Turnover not published (micro format)
Financial health
65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Structure
Board
5 members
2025 accounts filed 28 days late
Why 65raises riskFounded in 2025Size: total assets €49,226Equity €8,485 (17.2% of total assets)lowers riskLiquidity: current ratio 1.57, cash €10,385Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 57% of its sector peers (NACE 47, micro)
Financial strength
Strong
Solvency 42
equity 17.2% of total assets
Liquidity 57
short-term debt 41.0% · cash 21.1%
Profitability 81
return on assets 10.1%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,246 companies, NACE 47, micro)
Last 24 months 07-2026: 1.8%highest value 08-2026: 1.8%● unchanged vs 07-2026highest value 09-2026: 1.2%▼ -0.6 percentage points vs 08-2026lowest value 10-2026: 1.3%▲ +0.1 percentage points vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 1.57, above the usual 1.5; short-term debt: 41% and cash: 21.1% of total assets), but 82.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 33% on solvency, 63% on liquidity and 74% on profitability.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Founded in 2025
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 1.57, cash €10,385
NBB · annual accounts
raises risk · Size: total assets €49,226
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €8,485 (17.2% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filing
Deviation from the deadline
2025
28 days late
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2025.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Appointment: Despeghel Lina (director)Gazette deed
  3. IncorporationAppointments: DESPEGHEL Robin Marc Nathan…

Key points

  • Founded 16 months agofounded 25-06-2025 16 months View
  • Board5 directors in office 5 View
  • Total assets 2025first financial year filed €49,226 View

By topic

Financials

Financial year
2025
Total assets
€49,226
Profit
€4,985
Solvency
17.2%
Go to Financials

Board & ownership

Board
5 members
  • DESPEGHEL Marc Denis Désiré Camille GhislainDirector
  • DESPEGHEL Robin Marc NathanDirector
  • LOOZEN CamilleDirector
  • VERHEYEN Nathalie CélineDirector
  • Despeghel LinaDirector
Go to Board & ownership

Company details

Sites
1
Legal form
Private limited company
Activity
Retail sale of clothing and accessories for women…NACE 47716
Founded
25-06-2025
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
13
Who signs
Each director alone
Annual meeting
First Friday of June
Purpose
“L’exploitation de magasins, physiques ou en ligne, spécialisés dans la vente au détail de…” (deed in French)
Statutory auditor
No statutory auditor
Go to Articles of association

Key facts about MIRRORS PROJECT

What is the company number of MIRRORS PROJECT?
1024.697.409. In Belgium the VAT number is the company number with BE in front: BE 1024.697.409.
Where is MIRRORS PROJECT based?
The registered office is at Avenue Circulaire 98, 6200 Châtelet.Company details
What does MIRRORS PROJECT do?
According to the KBO register, the main activity is retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716).
What is the legal form of MIRRORS PROJECT?
Private limited company (BV).
When was MIRRORS PROJECT founded?
On 25-06-2025.
Is MIRRORS PROJECT still active?
Yes, MIRRORS PROJECT is an active enterprise in the KBO register.
What is the turnover of MIRRORS PROJECT?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is MIRRORS PROJECT profitable?
In financial year 2025, MIRRORS PROJECT made a profit of €4,985.
Where can I find the annual accounts of MIRRORS PROJECT?
MIRRORS PROJECT filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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