MISALA
The computed 12-month bankruptcy probability of MISALA is 8.0% (elevated). The 2024 annual accounts show negative equity (€-31k) and a net result of €-44k. Equity is shrinking by ~154% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-31k |
| Net result | €-44k |
| Active | 3 yrs |
| Locations | 1 |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →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).
Show 8 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €-41k |
| Net profit | €-44k |
| Cash flow | €-41k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €8k |
| Equity | €-31k |
| Debt | €39k |
| of which ≤ 1y | €39k |
| of which > 1y | - |
| Working capital | €-37k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.04 |
| Quick ratio | 0.04 |
| Working capital ratio | -483.8% |
| Solvency | -404.4% |
| Debt / equity | -1.25 |
| Long-term debt ratio | - |
| Interest coverage | -560.02 |
| Gross margin | - |
| Net margin | - |
| ROA | -571.0% |
| ROE | 141.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (18 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €8k |
| Fixed assets | 21/28 | €6k |
| Tangible fixed assets | 22/27 | €6k |
| Current assets | 29/58 | €2k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €8k |
| Equity | 10/15 | €-31k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-34k |
| Amounts payable | 17/49 | €39k |
| Amounts payable within one year | 42/48 | €39k |
| Trade debts payable within one year | 44 | €121 |
| Income statement | ||
| Gross operating margin | 9900 | €-41k |
| Operating result | 9901 | €-44k |
| Financial charges | 65 | €73 |
| Result before taxes | 9903 | €-44k |
| Net result for the period | 9904 | €-44k |
| Result to be appropriated | 9905 | €-44k |
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 10-10-2022 |
| Status | Active |
| Postal code | 1410 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25762H0211/00D000 | Wallonia | 985 m² | 1 · 127 m² | 9.8 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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.
25-02-2026 Registered office moved to waterloo
- Avenue des Nations-Unies 59 1410 waterloo
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Avenue des Nations-Unies 59\n1410 waterloo",
"city": "waterloo",
"region": "waals_gewest",
"street": "Avenue des Nations-Unies",
"country": "BE",
"postcode": "1410",
"box_number": null,
"street_number": "59",
"locality_suffix": null
},
"old_address": null,
"effective_date": "2025-09-22",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": true,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Bruxelles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2026-02-25",
"filing_date": null,
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2025-09-22",
"unanimous": null
},
"subject_company": {
"kbo": "0792.262.148",
"name_full": "MISALA",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "SALAVRACOS Mike",
"org_rep_person_name": null,
"person_role_at_subject": "administrateur"
},
"co_filed_documents": []
}24-04-2025 Registered office moved from Bruxelles to waterloo
- Avenue Jean Monnet 18, 1200 Bruxelles → Avenue de la roseraie 17, 1410 waterloo
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "waterloo",
"region": null,
"street": "Avenue de la roseraie",
"country": "BE",
"postcode": "1410",
"box_number": null,
"street_number": "17"
},
"old_address": {
"city": "Bruxelles",
"region": null,
"street": "Avenue Jean Monnet",
"country": "BE",
"postcode": "1200",
"box_number": "229",
"street_number": "18"
},
"effective_date": "2025-03-11",
"evidence_quote": "L\u0027Assembl\u00E9e G\u00E9n\u00E9rale d\u00E9cide de transf\u00E9rer le si\u00E8ge social de la soci\u00E9t\u00E9 \u00E0 l\u0027adresse suivante et ce \u00E0 partir de ce jour: Avenue de la roseraie 17 1410 waterloo"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0792.262.148",
"name_full": "MISALA",
"legal_form": "SRL"
}
}12-10-2022 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "1200 Woluwe-Saint-Lambert, Avenue Jean Monnet 18 bte 229",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1992-06-30",
"name": "SALAVRACOS Mike",
"niss": null,
"address": "1200 Woluwe-Saint-Lambert, avenue Jean Monnet 18 bo\u00EEte 229"
},
"share_class": "actions",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 3000,
"holder_person_name": "SALAVRACOS Mike",
"is_subscriber_only": true,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 3000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 3000,
"subject_company": {
"kbo": "0792.262.148",
"name_full": "MISALA",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2022-10-10",
"post_incorporation_mandates": []
}| Legal nameFR | MISALA |