Skip to content

MISOU

Active
Public limited companyfounded 197947 yrs activeRue du Château 6, 6032 Charleroi, BelgiumKBO/BCE: BE 0419.318.231
Summary

MISOU has been active since 1979 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €352,848 and a net result of €937. Equity is shrinking by ~3.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability67▲+25
Solvency78▲+5
Growth54▼-1
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity ample (current ratio 2.49 against 2.44 in 2023; short-term debt: 5.2% and cash: 10% of total assets), and 47.4% of the assets are financed with debt.
Credit check for your own amount and term

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

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 47 years 0 50 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 d early
2024
35 d early
2023
35 d early
2022
18 d early
2021
33 d early
2020
22 d early
2019
36 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 31 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 30 March 1979, MISOU was incorporated.1 Revenue went from EUR 176,891 in 2018 to EUR 227,246 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

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

Financials · fiscal year 2024, full schema

Turnover
€227,246▼ 1.1%
2023 · €229,667
EBIT margin
8.3%▲ 18.7pp
2023 · -10.4%
Net result
€937
2023 · -€42,914
Working capital
€52,558▼ 31.9%
2023 · €77,211
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€185,712▲ 0.8%€197,672▲ 6.4%€214,819▲ 8.7%€229,667▲ 6.9%€227,246▼ 1.1%
Operating result€13,463-€8,192€49,634-€23,831€18,936
Net result-€4,537▲ 91.8%-€26,187▼ 477%€31,634-€42,914€937
EBIT margin7.2%▲ 27.6pp-4.1%▼ 11.4pp23.1%▲ 27.2pp-10.4%▼ 33.5pp8.3%▲ 18.7pp
Equity€389,378▼ 1.2%€363,191▼ 6.7%€394,825▲ 8.7%€351,911▼ 10.9%€352,848▲ 0.3%
Total assets€739,692▼ 4.3%€684,818▼ 7.4%€695,233▲ 1.5%€734,348▲ 5.6%€670,455▼ 8.7%
Debt€350,314▼ 7.6%€321,627▼ 8.2%€300,408▼ 6.6%€382,437▲ 27.3%€317,607▼ 17.0%
Working capital€50,029▲ 3,441%€36,176▼ 27.7%€37,753▲ 4.4%€77,211▲ 105%€52,558▼ 31.9%
Result per fiscal year
Operating resultNet result
-€50,000-€25,000€0€25,000€50,000Operating result 2020: €13,463€13,463Net result 2020: -€4,537-€4,537Operating result 2021: -€8,192-€8,192Net result 2021: -€26,187-€26,187Operating result 2022: €49,634€49,634Net result 2022: €31,634€31,634Operating result 2023: -€23,831-€23,831Net result 2023: -€42,914-€42,914Operating result 2024: €18,936€18,936Net result 2024: €937€93720202021202220232024-€50,000-€25,000€0€25,000€50,000Operating result 2022: €49,634€49,600Net result 2022: €31,634€31,600Operating result 2023: -€23,831-€23,800Net result 2023: -€42,914-€42,900Operating result 2024: €18,936€18,900Net result 2024: €937€937202220232024
The operating result returns to profit in 2024: €18,936 after a loss of €23,831 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €670,455
Fixed assets €582,715 ▼ 3.4%
Current assets €87,740 ▼ 33.0%
Equity and liabilities €670,455
Equity €352,848 ▲ 0.3%
Debt €317,607 ▼ 17.0%
Debt's share of the balance-sheet total falls from 52.1% to 47.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€68,880▲
2023 · €30,858
Cash flow
€50,881▲
2023 · €11,775
Current ratio
2.49▲
2023 · 2.44
Debt to equity
0.90▼
2023 · 1.09
ROE
0.3%▲
2023 · -12.2%
ROA
0.1%▲
2023 · -5.8%
Interest coverage
3.83▲
2023 · 1.71
Debt ≤ 1 year
€35,182▼
2023 · €53,692
Debt > 1 year
€282,425▼
2023 · €328,745
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 14,732 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€734,348€670,455▼
Fixed assets21/28€603,445€582,715▼
Tangible fixed assets22/27€603,445€582,715▼
Land and buildings22€603,445€582,715▼
Current assets29/58€130,903€87,740▼
Amounts receivable within one year40/41€21,452€21,004▼
Trade receivables40€21,452€21,004▼
Cash at bank and in hand54/58€109,451€66,736▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€734,348€670,455▼
Equity10/15€351,911€352,848▲
Contributions10/11€570,783€570,783=
Capital10€570,783€570,783=
Issued capital100€570,783€570,783=
Reserves13€78,212€78,212=
Non-distributable reserves130/1€78,212€78,212=
Legal reserve130€78,212€78,212=
Profit (loss) carried forward14-€297,084-€296,147▲
Amounts payable17/49€382,437€317,607▼
Amounts payable after more than one year17€328,745€282,425▼
Financial debts170/4€88,834€88,834=
Other amounts payable178/9€239,911€193,591▼
Amounts payable within one year42/48€53,692€35,182▼
Trade debts44€22,276€2,418▼
Suppliers440/4€22,276€2,418▼
Other amounts payable47/48€31,416€32,764▲
Income statement Code20232024
Turnover70€229,667€227,246▼
Goods, raw materials, services and sundry goods60/61€159,400€121,638▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54,689€49,944▼
Other operating charges640/8€39,409€38,510▼
Gross operating margin9900€70,267€107,390▲
Operating profit (loss)9901-€23,831€18,936▲
Financial income75/76B€16,000€1▼
Recurring financial income75€16,000€1▼
Non-recurring financial income76B€16,000-
Financial charges65/66B€35,083€18,000▼
Recurring financial charges65€18,000€18,000=
Non-recurring financial charges66B€17,083-
Profit (loss) for the period before taxes9903-€42,914€937▲
Profit (loss) for the period9904-€42,914€937▲
Profit (loss) for the period to be appropriated9905-€42,914€937▲
Appropriation of the result
Profit (loss) to be appropriated9906-€297,084-€296,147▲
Profit (loss) brought forward from the previous period14P-€254,170-€297,084▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€185,712€197,672€214,819€229,667€227,246▼ 1.1%
Non-recurring operating income76A-€79----
Goods, raw materials, services and sundry goods60/61-€119,269€83,962€159,400€121,638▼ 23.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64,017€53,125€47,295€54,689€49,944▼ 8.7%
Other operating charges640/8-€33,549€33,927€39,409€38,510▼ 2.3%
Gross operating margin9900€110,628€78,482€130,856€70,267€107,390▲ 52.8%
Operating profit (loss)9901€13,463-€8,192€49,634-€23,831€18,936▲ 179%
Financial income75/76B-€5-€16,000€1▼ 100.0%
Recurring financial income75-€5-€16,000€1▼ 100.0%
Non-recurring financial income76B-€5-€16,000--
Financial charges65/66B-€18,000€18,000€35,083€18,000▼ 48.7%
Recurring financial charges65€18,000€18,000€18,000€18,000€18,000=
Non-recurring financial charges66B---€17,083--
Profit (loss) for the period before taxes9903-€4,537-€26,187€31,634-€42,914€937▲ 102%
Profit (loss) for the period9904-€4,537-€26,187€31,634-€42,914€937▲ 102%
Profit (loss) for the period to be appropriated9905-€4,537-€26,187€31,634-€42,914€937▲ 102%
Line20202021202220232024Change
Assets
Total assets20/58€739,692€684,818€695,233€734,348€670,455▼ 8.7%
Fixed assets21/28€644,802€607,677€624,885€603,445€582,715▼ 3.4%
Tangible fixed assets22/27€644,802€607,677€624,885€603,445€582,715▼ 3.4%
Land and buildings22-€607,677€624,885€603,445€582,715▼ 3.4%
Current assets29/58€94,890€77,141€70,348€130,903€87,740▼ 33.0%
Amounts receivable within one year40/41€28,128€17,284€19,456€21,452€21,004▼ 2.1%
Trade receivables40-€17,284€19,456€21,452€21,004▼ 2.1%
Cash at bank and in hand54/58€65,812€58,907€49,942€109,451€66,736▼ 39.0%
Deferred charges and accrued income490/1-€950€950€0--
Equity and liabilities
Total equity and liabilities10/49€739,692€684,818€695,233€734,348€670,455▼ 8.7%
Equity10/15€389,378€363,191€394,825€351,911€352,848▲ 0.3%
Contributions10/11€570,783€570,783€570,783€570,783€570,783=
Capital10-€570,783€570,783€570,783€570,783=
Issued capital100-€570,783€570,783€570,783€570,783=
Reserves13€78,212€78,212€78,212€78,212€78,212=
Non-distributable reserves130/1-€78,212€78,212€78,212€78,212=
Legal reserve130-€78,212€78,212€78,212€78,212=
Profit (loss) carried forward14-€259,617-€285,804-€254,170-€297,084-€296,147▲ 0.3%
Amounts payable17/49€350,314€321,627€300,408€382,437€317,607▼ 17.0%
Amounts payable after more than one year17€305,453€280,662€267,813€328,745€282,425▼ 14.1%
Financial debts170/4-€88,834€88,834€88,834€88,834=
Other amounts payable178/9-€191,828€178,979€239,911€193,591▼ 19.3%
Amounts payable within one year42/48€44,861€40,965€32,595€53,692€35,182▼ 34.5%
Current portion of amounts payable after more than one year42-€5,714----
Trade debts44€4,058€3,995€2,339€22,276€2,418▼ 89.1%
Suppliers440/4-€3,995€2,339€22,276€2,418▼ 89.1%
Other amounts payable47/48-€31,256€30,256€31,416€32,764▲ 4.3%
Line20202021202220232024Change
Profit (loss) for the period9904-€4,537-€26,187€31,634-€42,914€937▲ 102%
+ Depreciation and write-downs630€64,017€53,125€47,295€54,689€49,944▼ 8.7%
Operating cash flow (approximation)€59,480€26,938€78,929€11,775€50,881▲ 332%
Investment in fixed assets (approximation)--€16,000-€64,503-€33,249-€29,214▲ 12.1%
Change in cash--€6,905-€8,965€59,509-€42,715▼ 172%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
25-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
26-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Back to profitnet €937
Net result €937 after one loss-making year.
26-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
13-07
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Back to profitnet €31,634
Net result €31,634 after 4 loss-making years.
28-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
09-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Liquidity doublescurrent ratio 2.12
Current ratio from 1.02 to 2.12; short-term debt falls from €74,917 to €44,861.
25-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Weakest financial yearnet -€55,386
Net result drops to -€55,386, the lowest in the series; recovery starts the following year.
20-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
13-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
06-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Charleroi · 1 establishment unit since 1979
seat establishment The establishment unit on the map
Ground area
220 m²
Building footprint
107 m²
Volume, LiDAR
1,280 m³
Parcel 52050A0395/00P000, Wallonia · tallest building 13.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Château 6, 6032 Charleroi
NACE 4520002
since 19792.016.008.606
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
52050A0395/00P000 Wallonia 220 m² 1 · 107 m² 13.5 m · 4 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
Founded30-03-1979
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.