MIRSADA SOFTWARE ENTERPRISE
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 (±2% 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).
| Equity | €329k |
| Net result | €6k |
| Better than sector | 82% |
| Active | 25 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 86.3% | 60.0% | |
| Net result | €6k | €29k | |
| Equity | €329k | €72k | |
| Gross operating margin | €56k | €55k | |
| Total assets | €381k | €141k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €52k | €136k | €128k | €100k | €92k |
| Net profit | €6k | €64k | €64k | €51k | €44k |
| Cash flow | €45k | €102k | €98k | €73k | €66k |
| Staff costs | - | - | - | - | - |
| Income taxes | €5k | €29k | €28k | €23k | €22k |
| Dividends | €33k | €73k | €21k | €42k | €19k |
| Total assets | €381k | €445k | €469k | €422k | €449k |
| Equity | €329k | €356k | €365k | €322k | €313k |
| Debt | €52k | €90k | €104k | €99k | €136k |
| of which ≤ 1y | €31k | €53k | €53k | €82k | €76k |
| of which > 1y | €21k | €36k | €51k | €18k | €60k |
| Working capital | €4k | €7k | €-7k | €-35k | €-25k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 1.13 | 1.14 | 0.86 | 0.57 | 0.68 |
| Quick ratio | 1.13 | 1.14 | 0.86 | 0.57 | 0.68 |
| Working capital ratio | 1.1% | 1.6% | -1.6% | -8.4% | -5.5% |
| Solvency | 86.3% | 79.8% | 77.8% | 76.4% | 69.7% |
| Debt / equity | 0.16 | 0.25 | 0.29 | 0.31 | 0.43 |
| Long-term debt ratio | 0.06 | 0.10 | 0.14 | 0.05 | 0.19 |
| Interest coverage | 17.64 | 31.69 | 28.60 | 30.45 | 25.31 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 1.7% | 14.3% | 13.6% | 12.1% | 9.8% |
| ROE | 2.0% | 17.9% | 17.5% | 15.8% | 14.1% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €381k | €445k | €469k | €422k | €449k |
| Fixed assets | 21/28 | €346k | €385k | €423k | €375k | €398k |
| Tangible fixed assets | 22/27 | €346k | €385k | €423k | €375k | €398k |
| Current assets | 29/58 | €35k | €61k | €46k | €46k | €52k |
| Amounts receivable within one year | 40/41 | €28k | €40k | €39k | €42k | €44k |
| Investments | 50/53 | €5k | €18k | - | - | - |
| Cash & bank | 54/58 | - | €320 | €4k | €45 | €4k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €381k | €445k | €469k | €422k | €449k |
| Equity | 10/15 | €329k | €356k | €365k | €322k | €313k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k | €6k |
| Reserves | 13 | €323k | €349k | €359k | €316k | €307k |
| Amounts payable | 17/49 | €52k | €90k | €104k | €99k | €136k |
| Amounts payable after one year | 17 | €21k | €36k | €51k | €18k | €60k |
| Amounts payable within one year | 42/48 | €31k | €53k | €53k | €82k | €76k |
| Trade debts payable within one year | 44 | €2k | €6k | €13k | €4k | €7k |
| Income statement | ||||||
| Gross operating margin | 9900 | €56k | €140k | €132k | €104k | €95k |
| Operating result | 9901 | €14k | €97k | €94k | €78k | €70k |
| Financial income | 75 | €900 | €8 | €5 | €0 | €1 |
| Financial charges | 65 | €3k | €4k | €4k | €3k | €4k |
| Result before taxes | 9903 | €12k | €93k | €92k | €74k | €66k |
| Income taxes | 67/77 | €5k | €29k | €28k | €23k | €22k |
| Net result for the period | 9904 | €6k | €64k | €64k | €51k | €44k |
| Result to be appropriated | 9905 | €6k | €64k | €64k | €51k | €44k |
| NACE primary | Other information technology and computer services(62900) |
| Legal form | Private limited company(610) |
| Incorporation | 08-02-2001 |
| Status | Active |
| Postal code | 2390 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11049C0280/00N000 | Flanders | 2,146 m² | 1 · 110 m² | 10.2 m · 2 fl. |
| 11049C0280/00M000 | Flanders | 2,145 m² | 1 · 147 m² | 12.1 m · 3 fl. |
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
31-01-2024 Board composition published
Technical details
{
"events": [
{
"kind": "board_snapshot",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Misljencevic Pajo",
"address": "2390 Malle, Jagersweg 20 A",
"birth_date": "1957-09-06",
"profession": null,
"birth_place": "Zinajevac, Joegoslavi\u00EB"
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": "2020-01-01",
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "board_snapshot",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Misljencevic Mirsada",
"address": "2390 Malle, Jagersweg 20 A",
"birth_date": "1960-10-14",
"profession": null,
"birth_place": "Izacic, Joegoslavi\u00EB"
},
"reason": null,
"subkind": null,
"via_org": null,
"statutory": "statutair",
"compensated": null,
"effective_date": "2020-01-01",
"evidence_quote": "",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": "Alvin Wittens",
"firm_city": null,
"firm_name": null,
"office_city": "Wijnegem",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-31",
"filing_date": "2024-01-27",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-12-28",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0474.036.624",
"name_full": "MIRSADA SOFTWARE ENTERPRISE",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Alvin Wittens",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"afschrift akte",
"co\u00F6rdinatie der statuten (elektronisch neergelegd)"
],
"corrected_publication_numac": null
}| Legal nameNL | MIRSADA SOFTWARE ENTERPRISE |
| AbbreviationNL | M.S.E. |