MISIL
ActiveMISIL has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €367k and a net result of €36k. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 29% of 31487 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
76
/ 100
Excellent▼ -5 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▼-25
Solvency67▲+21
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.8 against 1.76 in 2024), but 71.4% 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 risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
28.6%
Return on assets
2.8%
Age of the figures
17 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 19-12-2025, 49 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
49 d late
2024
49 d late
2023
119 d late
2022
238 d late
2021
47 d late
2020
151 d late
2019
22 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close12-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€367k▲ 11.0%
2024 · €331k
2019: €139k
2020: €239k
2021: €242k
2022: €241k
2023: €289k
2024: €331k
2019 → 2025
Total assets
€1.28M▼ 16.8%
2024 · €1.54M
2019: €1.11M
2020: €1.55M
2021: €1.69M
2022: €1.59M
2023: €1.75M
2024: €1.54M
2019 → 2025
Net result
€36k▼ 26.2%
2024 · €49k
2019: €-46k
2020: €108k
2021: €108k
2022: €-867
2023: €49k
2024: €49k
2019 → 2025
Working capital
€329k▲ 1.7%
2024 · €324k
2019: €20k
2020: €-60k
2021: €-60k
2022: €-272k
2023: €314k
2024: €324k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€242k-€241k▼ 0.4%€289k▲ 20.2%€331k▲ 14.3%€367k▲ 11.0%
Operating result€134k-€25k▼ 81.7%€18k▼ 25.2%€68k▲ 271%€58k▼ 14.5%
Net result€108k-€-867€49k€49k▲ 1.3%€36k▼ 26.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.28M
Fixed assets
€770k▼ 2.8%
Current assets
€512k▼ 31.7%
Equity and liabilities €1.28M
Equity
€367k▲ 11.0%
Provisions
€12k▼ 5.0%
Debt
€904k▼ 24.6%
The debt ratio falls from 77.8% to 70.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€80k▼
2024 · €91k
Cash flow
€58k▼
2024 · €72k
Solvency
28.6%▲
2024 · 21.4%
Current ratio
2.80▲
2024 · 1.76
Quick ratio
2.80▲
2024 · 1.76
Debt / equity
2.46▼
2024 · 3.63
ROE
9.9%▼
2024 · 14.9%
ROA
2.8%▼
2024 · 3.2%
Interest coverage
3.63▼
2024 · 4.02
Debt
€904k▼
2024 · €1.20M
Debt ≤ 1 year
€183k▼
2024 · €426k
Debt > 1 year
€720k▼
2024 · €770k
Income taxes
€21k▲
2024 · €19k
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
Assets
Total assets20/58€1.54M€1.28M▼
Fixed assets21/28€792k€770k▼
Tangible fixed assets22/27€792k€770k▼
Land and buildings22€787k€769k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€5k€1k▼
Financial fixed assets28€379€219▼
Current assets29/58€750k€512k▼
Amounts receivable within one year40/41€648k€493k▼
Trade receivables40€240k€53k▼
Other amounts receivable41€408k€440k▲
Cash at bank and in hand54/58€9k€9k=
Deferred charges and accrued income490/1€94k€10k▼
Equity and liabilities
Total equity and liabilities10/49€1.54M€1.28M▼
Equity10/15€331k€367k▲
Contributions10/11€50k€50k=
Reserves13€281k€317k▲
Non-distributable reserves130/1€5k€0▼
Other1319€5k€0▼
Tax-exempt reserves132€82k€80k▼
Distributable reserves133€193k€237k▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€12k€12k▼
Deferred taxes168€12k€12k▼
Amounts payable17/49€1.20M€904k▼
Amounts payable after more than one year17€770k€720k▼
Financial debts170/4€770k€720k▼
Amounts payable within one year42/48€426k€183k▼
Current portion of amounts payable after more than one year42€49k€50k▲
Financial debts43-€3k
Credit institutions430/8-€3k
Trade debts44€61k€12k▼
Suppliers440/4€61k€12k▼
Taxes, remuneration and social security45€28k€23k▼
Taxes450/3€28k€23k▼
Other amounts payable47/48€288k€94k▼
Accrued charges and deferred income492/3€3k€1k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€22k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€93k€82k▼
Operating profit (loss)9901€68k€58k▼
Financial income75/76B€22k€20k▼
Recurring financial income75€22k€20k▼
Financial charges65/66B€23k€22k▼
Recurring financial charges65€23k€22k▼
Profit (loss) for the period before taxes9903€68k€56k▼
Transfer from deferred taxes780€631€631=
Income taxes67/77€19k€21k▲
Profit (loss) for the period9904€49k€36k▼
Transfer from tax-exempt reserves789€3k€3k=
Profit (loss) for the period to be appropriated9905€52k€39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€52k€39k▼
Transfer to equity691/2€44k€39k▼
To other reserves6921€44k€39k▼
Profit to be distributed694/7€8k€0▼
Directors or managers695€8k€0▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 49 days late
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 49 days late
27-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 119 days late
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 238 days late
31-03
Financial
Back to profitnet €49k
Net result €49k after one loss-making year.
31-03
Financial
Liquidity quadruplescurrent ratio 1.50
Current ratio from 0.41 to 1.50.
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 47 days late
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 151 days late
2020
31-03
Financial
Back to profitnet €108k
Net result €108k after one loss-making year.
31-03
Financial
Equity above €200kEq €239k ▲72.5%
Equity rises from €139k to €239k.
2019
22-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 22 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
16-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 46 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kortrijk · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tobergse(Bel) 1A8510 KortrijkGround area
2,452 m²
Building footprint
319 m²
Volume, LiDAR
4 m³
Parcel 34005B0213/00A006, Flanders · tallest building 0.3 m. Linked by address, not a title deed.
1 establishment unit
Misil
since 20112.203.943.235
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34005B0213/00A006 | Flanders | 2,452 m² | 1 · 319 m² | 0.3 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
STEVENS SUSTAINABLE SOLUTIONS
BE 0898.476.851
Meise · Eq €367k
A.L.M. Management & Consulting
BE 0534.683.596
Mol · Eq €367k
BTG INVEST
BE 0829.347.921
Sainte-Ode · Eq €367k
TAMGEST
BE 0471.350.417
Tournai · Eq €367k
BENOVE CONSULTING
BE 0836.464.058
Gent · Eq €367k
Of 82,201 companies in sector 70200 we hold annual accounts for 52,400. 36,793 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2005
Fiscal year end31-03
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.