MISC INTERNATIONAL
ActiveSummary
The computed 12-month bankruptcy probability of MISC INTERNATIONAL is 2.1% (moderate). The 2024 annual accounts show negative equity (€-658k) and a net result of €-841. Equity remains stable across the filed fiscal years (±0.9% per year). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability37▼-30
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.23 against 0.21 in 2023; short-term debt: 212% and cash: 48.3% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-112.6%
Return on assets
-0.1%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-658k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
124 d late
2022
31 d late
2021
407 d late
2020
212 d late
2019
1137 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-658k▼ 0.1%
2023 · €-657k
2018: €-688klowest in 7 years
2019: €-684k▲ +0.6% vs 2018
2020: €-669k▲ +2.2% vs 2019
2021: €-658k▲ +1.6% vs 2020
2022: €-651k▲ +1.0% vs 2021highest in 7 years
2023: €-657k▼ -1.0% vs 2022
2024: €-658k▼ -0.1% vs 2023
2018 → 2024
Total assets
€585k▲ 0.9%
2023 · €580k
2018: €543klowest in 7 years
2019: €554k▲ +1.9% vs 2018
2020: €560k▲ +1.1% vs 2019
2021: €572k▲ +2.2% vs 2020
2022: €588k▲ +2.8% vs 2021highest in 7 years
2023: €580k▼ -1.4% vs 2022
2024: €585k▲ +0.9% vs 2023
2018 → 2024
Net result
€-841▲ 86.6%
2023 · €-6k
2018: €-34klowest in 7 years
2019: €4k▲ +112% vs 2018
2020: €15k▲ +270% vs 2019highest in 7 years
2021: €11k▼ -28.0% vs 2020
2022: €7k▼ -37.8% vs 2021
2023: €-6k▼ -192% vs 2022
2024: €-841▲ +86.6% vs 2023
2018 → 2024
Working capital
€-956k▲ 2.6%
2023 · €-981k
2018: €-1.13Mlowest in 7 years
2019: €-1.10M▲ +2.5% vs 2018
2020: €-1.06M▲ +3.3% vs 2019
2021: €-1.03M▲ +3.2% vs 2020
2022: €-995k▲ +3.1% vs 2021
2023: €-981k▲ +1.3% vs 2022
2024: €-956k▲ +2.6% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-669k-€-658k▲ 1.6%€-651k▲ 1.0%€-657k▼ 1.0%€-658k▼ 0.1%
2020: €-669klowest in 5 years
2021: €-658k▲ +1.6% vs 2020
2022: €-651k▲ +1.0% vs 2021highest in 5 years
2023: €-657k▼ -1.0% vs 2022
2024: €-658k▼ -0.1% vs 2023
Operating result€15k-€11k▼ 27.9%€7k▼ 37.9%€-5k€-1k▲ 80.0%
2020: €15khighest in 5 years
2021: €11k▼ -27.9% vs 2020
2022: €7k▼ -37.9% vs 2021
2023: €-5k▼ -179% vs 2022lowest in 5 years
2024: €-1k▲ +80.0% vs 2023
Net result€15k-€11k▼ 28.0%€7k▼ 37.8%€-6k€-841▲ 86.6%
2020: €15khighest in 5 years
2021: €11k▼ -28.0% vs 2020
2022: €7k▼ -37.8% vs 2021
2023: €-6k▼ -192% vs 2022lowest in 5 years
2024: €-841▲ +86.6% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2024 against €5k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €585k
Fixed assets
€301k ▼ 7.0%
Current assets
€283k ▲ 10.8%
Key figures and ratios
EBITDA
€22k▲
2023 · €17k
Cash flow
€22k▲
2023 · €16k
Solvency
-112.6%▲
2023 · -113.4%
Current ratio
0.23▲
2023 · 0.21
Debt to equity
-1.89▼
2023 · -1.88
ROA
-0.1%▲
2023 · -1.1%
Debt
€1.24M▲
2023 · €1.24M
Debt ≤ 1 year
€1.24M▲
2023 · €1.24M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet
Code20232024
Assets
Total assets20/58€580k€585k▲
Fixed assets21/28€324k€301k▼
Tangible fixed assets22/27€324k€301k▼
Land and buildings22€324k€301k▼
Current assets29/58€256k€283k▲
Amounts receivable within one year40/41€995€995=
Other amounts receivable41€995€995=
Cash at bank and in hand54/58€255k€282k▲
Equity and liabilities
Total equity and liabilities10/49€580k€585k▲
Equity10/15€-657k€-658k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€-725k€-726k▼
Amounts payable17/49€1.24M€1.24M▲
Amounts payable within one year42/48€1.24M€1.24M▲
Trade debts44€12k€14k▲
Suppliers440/4€12k€14k▲
Other amounts payable47/48€1.23M€1.23M=
Accrued charges and deferred income492/3-€3k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€23k=
Other operating charges640/8€9k€641▼
Gross operating margin9900€26k€22k▼
Operating profit (loss)9901€-5k€-1k▲
Financial income75/76B-€233
Recurring financial income75-€233
Financial charges65/66B€901-
Recurring financial charges65€901-
Profit (loss) for the period before taxes9903€-6k€-841▲
Profit (loss) for the period9904€-6k€-841▲
Profit (loss) for the period to be appropriated9905€-6k€-841▲
Appropriation of the result
Profit (loss) to be appropriated9906€-725k€-726k▼
Profit (loss) brought forward from the previous period14P€-719k€-725k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23k | €23k | €23k | €23k | €23k | = |
| Other operating charges640/8 | - | €4k | €15k | €9k | €641 | ▼ 92.6% |
| Gross operating margin9900 | €45k | €38k | €45k | €26k | €22k | ▼ 14.5% |
| Operating profit (loss)9901 | €15k | €11k | €7k | €-5k | €-1k | ▲ 80.0% |
| Financial income75/76B | - | - | - | - | €233 | - |
| Recurring financial income75 | - | - | - | - | €233 | - |
| Financial charges65/66B | - | €14 | - | €901 | - | - |
| Recurring financial charges65 | - | €14 | - | €901 | - | - |
| Profit (loss) for the period before taxes9903 | €15k | €11k | €7k | €-6k | €-841 | ▲ 86.6% |
| Profit (loss) for the period9904 | €15k | €11k | €7k | €-6k | €-841 | ▲ 86.6% |
| Profit (loss) for the period to be appropriated9905 | €15k | €11k | €7k | €-6k | €-841 | ▲ 86.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €560k | €572k | €588k | €580k | €585k | ▲ 0.9% |
| Fixed assets21/28 | €392k | €369k | €347k | €324k | €301k | ▼ 7.0% |
| Tangible fixed assets22/27 | €392k | €369k | €347k | €324k | €301k | ▼ 7.0% |
| Land and buildings22 | - | €369k | €347k | €324k | €301k | ▼ 7.0% |
| Current assets29/58 | €168k | €203k | €241k | €256k | €283k | ▲ 10.8% |
| Amounts receivable within one year40/41 | €995 | €995 | €995 | €995 | €995 | = |
| Other amounts receivable41 | - | €995 | €995 | €995 | €995 | = |
| Cash at bank and in hand54/58 | €167k | €202k | €240k | €255k | €282k | ▲ 10.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €560k | €572k | €588k | €580k | €585k | ▲ 0.9% |
| Equity10/15 | €-669k | €-658k | €-651k | €-657k | €-658k | ▼ 0.1% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €6k | €6k | €6k | €6k | €6k | = |
| Non-distributable reserves130/1 | - | €6k | €6k | - | - | - |
| Legal reserve130 | - | €6k | €6k | - | - | - |
| Distributable reserves133 | - | - | - | €6k | €6k | = |
| Profit (loss) carried forward14 | €-737k | €-726k | €-719k | €-725k | €-726k | ▼ 0.1% |
| Amounts payable17/49 | €1.23M | €1.23M | €1.24M | €1.24M | €1.24M | ▲ 0.5% |
| Amounts payable within one year42/48 | €1.23M | €1.23M | €1.24M | €1.24M | €1.24M | ▲ 0.2% |
| Trade debts44 | €3k | €5k | €11k | €12k | €14k | ▲ 20.6% |
| Suppliers440/4 | - | €5k | €11k | €12k | €14k | ▲ 20.6% |
| Other amounts payable47/48 | - | €1.23M | €1.23M | €1.23M | €1.23M | = |
| Accrued charges and deferred income492/3 | - | - | €3k | - | €3k | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €11k | €7k | €-6k | €-841 | ▲ 86.6% |
| + Depreciation and write-downs630 | €23k | €23k | €23k | €23k | €23k | = |
| Operating cash flow (approximation) | €38k | €34k | €29k | €16k | €22k | ▲ 33.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €35k | €38k | €14k | €28k | ▲ 93.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
02-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 124 days late
2023
11-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 407 days late
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 1137 days late
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
28-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 212 days late
2020
31-12
Financial
Highest result since 2018net €15k ▲270%
Operating result €15k, net result €15k, both a record.
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
04-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 4 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2014
29-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 1991
Ground area
1,665 m²
Building footprint
1,585 m²
Volume, LiDAR
27,322 m³
2 parcels, Brussels · tallest building 45.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Louizalaan 475, 1050 Brussel
since 19912.054.923.917
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0224/00B008 | Brussels | 1,042 m² | 1 · 1,010 m² | 45.5 m · 2 fl. |
| 21447B0139/00X013indicative | Brussels | 623 m² | 1 · 575 m² | 20.6 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded06-09-1991
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.