Skip to content

MISA

Active
Private limited companyfounded 1994active for 31 yearsGelatineboulevard 3, 3500 Hasselt, BelgiumKBO/BCE: BE 0454.102.332
Summary

MISA has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €550,288 and a net result of €15,740, of which €37,188 non-recurring income. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 95% of 17,021 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 19-12-1994 Normal situation
Activity
Full-service restaurants NACE 56111
Establishment unit
2.070.392.942 3500 Hasselt, since 20-02-1995
Financial year end
31 December
Peppol
Reachable since 31-03-2026

Board and ownership

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€38,037
Turnover
≈ €190,000
estimated
Profit
€15,740
Equity
€550,288
▲ 2.9%
Total assets
€553,424
▲ 1.0%
Score breakdownraises risk1 change of registered office in 24 monthsSector: Food and beverage service activities (NACE 56)lowers riskEquity €550,288 (99.4% of total assets)Founded in 1994Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 67% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 99.4% of total assets
Liquidity 72-28
short-term debt 0.6% · cash 17.9%
Profitability 72+70
return on assets 2.8%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,779 companies, NACE 56, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.2 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.4%▲ +0.2 percentage points vs 10-2025highest value 12-2025: 0.4%● unchanged vs 11-2025highest value 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.2 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €50,000 on 30-day terms is acceptable
Short-term debt is 0.6% and cash 17.9% of total assets. 0.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 56, micro). It does better than 94% of them on solvency, 76% on liquidity, 53% on profitability and 47% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Equity €550,288 (99.4% of total assets)
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
7 days early
2023
1 day early
2022
9 days late
2021
12 days late
2020
18 days late
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €73,212 in 2024 €15,740 View
  • Positive: Higher solvency than 95% of companies in food and beverage servicesector median 29.6% · 17,021 companies 99.4% View

Recent changes

  1. · Gazette deed Registered office moved from Linter to HasseltNew registered office: Gelatineboulevard 3 bus 2.03, 3500 Hasselt · Previous registered office: Sint-Truidensesteenweg 59, 3350 Linter · Appointments: DI REDA Girolamo (director) and PIJPOPS Sabrina Marcella (director)
  2. · Gazette deed Incorporation
All 20 events

Comparable companies

These companies have the same main activity as MISA: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €477,000 and €623,000, founded between 1985 and 1998.

CompanyTotal assetsGross margin
MISA Hasselt€553,424€38,037
LINSK Bruges€526,721€33,217
Complete Business Service Zelzate€622,680€44,455
Restaurant 't Hoekske Kortrijk€616,721€42,713
PICABO Ghent€477,225€43,914
EL PUEBLO Halen€620,276€47,940
HOF DE DRAECK Voeren€508,151€35,474
Full comparison

Key facts about MISA

What is the company number of MISA?
The company number of MISA is 0454.102.332. The VAT number is the same number with BE in front: BE 0454.102.332.
Where is MISA based?
The registered office is at Gelatineboulevard 3, 3500 Hasselt.Company details
What does MISA do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of MISA?
MISA is a private limited company (BV).
When was MISA founded?
MISA was founded on 19-12-1994.
Is MISA still active?
Yes, MISA is an active enterprise in the KBO register.
How many employees does MISA have?
MISA had an average of 4 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of MISA?
The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €38,037 and 60 comparable companies (NACE 56111). It probably lies between €140,000 and €250,000.
Is MISA profitable?
In financial year 2025, MISA made a profit of €15,740.
Where can I find the annual accounts of MISA?
MISA filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MISA due?
MISA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.