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MIRSADA SOFTWARE ENTERPRISE

Active
Private limited companyfounded 200125 yrs activeJagersweg 20A, 2390 Malle, BelgiumKBO/BCE: BE 0474.036.624

MIRSADA SOFTWARE ENTERPRISE has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €329k and a net result of €6k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 82% of 16619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
78 / 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-80
Solvency81=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.14 in 2024), and 13.7% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 25 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
86.3%
Return on assets
1.7%
Age of the figures
8 mo
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 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
53 d early
2024
70 d early
2023
50 d early
2022
46 d early
2021
62 d early
2020
71 d early
2019
67 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
05-09-2026 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
€329k▼ 7.5%
2024 · €356k
2022: €322k 2023: €365k 2024: €356k
2022 → 2025
Total assets
€381k▼ 14.4%
2024 · €445k
2022: €422k 2023: €469k 2024: €445k
2022 → 2025
Net result
€6k▼ 89.9%
2024 · €64k
2022: €51k 2023: €64k 2024: €64k
2022 → 2025
Working capital
€4k▼ 44.1%
2024 · €7k
2022: €-35k 2023: €-7k 2024: €7k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2022202320242025Trend
Equity€322k-€365k▲ 13.3%€356k▼ 2.6%€329k▼ 7.5%
Operating result€78k-€94k▲ 21.8%€97k▲ 2.7%€14k▼ 85.9%
Net result€51k-€64k▲ 24.9%€64k▼ 0.1%€6k▼ 89.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2022: €78k€78kNet result 2022: €51k€51kOperating result 2023: €94k€94kNet result 2023: €64k€64kOperating result 2024: €97k€97kNet result 2024: €64k€64kOperating result 2025: €14k€14kNet result 2025: €6k€6k2022202320242025
The operating result falls in 2025; 2025 is 86% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €381k
Fixed assets €346k▼ 10.0%
Current assets €35k▼ 42.1%
Equity and liabilities €381k
Equity €329k▼ 7.5%
Debt €52k▼ 41.8%
The debt ratio falls from 20.2% to 13.7%: debt falls faster than equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€52k
2024 · €136k
Cash flow
€45k
2024 · €102k
Solvency
86.3%
2024 · 79.8%
Current ratio
1.13
2024 · 1.14
Quick ratio
1.13
2024 · 1.14
Debt / equity
0.16
2024 · 0.25
ROE
2.0%
2024 · 17.9%
ROA
1.7%
2024 · 14.3%
Interest coverage
17.64
2024 · 31.69
Debt
€52k
2024 · €90k
Debt ≤ 1 year
€31k
2024 · €53k
Debt > 1 year
€21k
2024 · €36k
Income taxes
€5k
2024 · €29k
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
Total assets 20/58€445k€381k
Fixed assets 21/28€385k€346k
Tangible fixed assets 22/27€385k€346k
Current assets 29/58€61k€35k
Amounts receivable within one year 40/41€40k€28k
Investments 50/53€18k€5k
Cash & bank 54/58€320-
Total equity & liabilities 10/49€445k€381k
Equity 10/15€356k€329k
Contributions / capital 10/11€6k€6k=
Reserves 13€349k€323k
Amounts payable 17/49€90k€52k
Amounts payable after one year 17€36k€21k
Amounts payable within one year 42/48€53k€31k
Trade debts payable within one year 44€6k€2k
Income statement Code20242025
Gross operating margin 9900€140k€56k
Operating result 9901€97k€14k
Financial income 75€8€900
Financial charges 65€4k€3k
Result before taxes 9903€93k€12k
Income taxes 67/77€29k€5k
Net result for the period 9904€64k€6k
Result to be appropriated 9905€64k€6k

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Weakest financial yearnet €6k ▼89.9%
Net result drops to €6k, the lowest in the series.
22-05
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
11-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
31-01
State Gazette act Director changes
Alvin Wittens
2023
31-12
Financial Highest result since 2022net €64k ▲24.9%
Net result €64k, the highest in the series.
15-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
21-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
25-05
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
03-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
28-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
17-05
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Comparable companies · same sector, comparable size

Similar companies · same sector, comparable size

Of 3,216 companies in sector 62900 we hold annual accounts for 1,686. 1,207 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded08-02-2001
Fiscal year end31-12
Abbreviation NL M.S.E.
Activities, NACEBEL
62900Other information technology and computer services
72600
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers

Data from official sources, last processed on 01-08-2026. Scores and ratios are computed by Checked and are not a credit decision.