MISPLON
ActiveMISPLON has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €373k and a net result of €10k. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 27% of 7689 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability14▼-21
Solvency32▲+2
Growth52=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity short (current ratio 0.74 against 0.72 in 2024), and 74.7% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
25.3%
Return on assets
0.7%
Age of the figures
18 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-10-2025, 3 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
3 d early
2024
3 d early
2023
12 d early
2022
34 d early
2021
32 d early
2020
26 d early
2019
21 d early
← 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 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€373k▲ 2.9%
2024 · €363k
2019: €59k
2020: €136k
2021: €209k
2022: €327k
2023: €337k
2024: €363k
2019 → 2025
Total assets
€1.48M▼ 0.6%
2024 · €1.49M
2019: €369k
2020: €528k
2021: €587k
2022: €1.03M
2023: €1.01M
2024: €1.49M
2019 → 2025
Net result
€10k▼ 59.6%
2024 · €26k
2019: €39k
2020: €77k
2021: €73k
2022: €118k
2023: €10k
2024: €26k
2019 → 2025
Working capital
€-112k▲ 5.4%
2024 · €-118k
2019: €-78k
2020: €-33k
2021: €-55k
2022: €-63k
2023: €100k
2024: €-118k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€209k-€327k▲ 56.6%€337k▲ 3.0%€363k▲ 7.6%€373k▲ 2.9%
Operating result€82k-€134k▲ 64.0%€23k▼ 82.5%€63k▲ 170%€55k▼ 12.5%
Net result€73k-€118k▲ 61.0%€10k▼ 91.6%€26k▲ 159%€10k▼ 59.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.48M
Fixed assets
€1.16M▼ 2.2%
Current assets
€314k▲ 5.8%
Equity and liabilities €1.48M
Equity
€373k▲ 2.9%
Debt
€1.10M▼ 1.7%
The debt ratio falls from 75.6% to 74.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€264k▼
2024 · €348k
Cash flow
€219k▼
2024 · €310k
Solvency
25.3%▲
2024 · 24.4%
Current ratio
0.74▲
2024 · 0.72
Quick ratio
0.71▼
2024 · 0.72
Debt / equity
2.96▼
2024 · 3.09
ROE
2.8%▼
2024 · 7.1%
ROA
0.7%▼
2024 · 1.7%
Interest coverage
6.44▼
2024 · 11.27
Debt
€1.10M▼
2024 · €1.12M
Debt ≤ 1 year
€426k▲
2024 · €415k
Debt > 1 year
€677k▼
2024 · €707k
Income taxes
€4k▼
2024 · €7k
Staff costs
€78k▲
2024 · €69k
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€1.49M€1.48M▼
Fixed assets21/28€1.19M€1.16M▼
Intangible fixed assets21€0€0▼
Tangible fixed assets22/27€1.19M€1.16M▼
Land and buildings22€773k€752k▼
Plant, machinery and equipment23€168k€162k▼
Furniture and vehicles24€185k€185k▲
Other tangible fixed assets26€63k€64k▲
Current assets29/58€297k€314k▲
Stocks and contracts in progress3-€14k
Stocks30/36-€14k
Amounts receivable within one year40/41€185k€171k▼
Trade receivables40€164k€156k▼
Other amounts receivable41€21k€16k▼
Cash at bank and in hand54/58€112k€129k▲
Equity and liabilities
Total equity and liabilities10/49€1.49M€1.48M▼
Equity10/15€363k€373k▲
Contributions10/11€20k€20k=
Outside capital11€20k€20k=
Other1109/19€20k€20k=
Reserves13€343k€353k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€341k€351k▲
Amounts payable17/49€1.12M€1.10M▼
Amounts payable after more than one year17€707k€677k▼
Financial debts170/4€707k€677k▼
Amounts payable within one year42/48€415k€426k▲
Current portion of amounts payable after more than one year42€128k€139k▲
Trade debts44€81k€77k▼
Suppliers440/4€81k€77k▼
Taxes, remuneration and social security45€24k€20k▼
Taxes450/3€14k€9k▼
Remuneration and social security454/9€10k€11k▲
Other amounts payable47/48€182k€190k▲
Income statement
Code20242025
Non-recurring operating income76A€3k-
Remuneration, social security and pensions62€69k€78k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€284k€209k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€878
Provisions for liabilities and charges: additions (uses and reversals)635/8€-94k-
Other operating charges640/8€6k€11k▲
Gross operating margin9900€328k€354k▲
Operating profit (loss)9901€63k€55k▼
Financial income75/76B-€43
Recurring financial income75-€43
Financial charges65/66B€31k€41k▲
Recurring financial charges65€31k€41k▲
Profit (loss) for the period before taxes9903€32k€14k▼
Income taxes67/77€7k€4k▼
Profit (loss) for the period9904€26k€10k▼
Profit (loss) for the period to be appropriated9905€26k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€26k€10k▼
Transfer to equity691/2€26k€10k▼
To other reserves6921€26k€10k▼
The notes to these accounts (12 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
28-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
19-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €10k ▼91.6%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
2022
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Highest result since 2019net €118k ▲61%
Operating result €134k, net result €118k, both a record.
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Equity above €200kEq €209k ▲54.2%
3 profitable years in a row build equity to €209k.
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Equity above €100kEq €136k ▲131%
2 profitable years in a row build equity to €136k.
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Dentergem · 1 establishment unit since 2018
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.
Adamstraat(Mar) 108720 DentergemGround area
5,403 m²
Building footprint
362 m²
Volume, LiDAR
1,382 m³
2 parcels, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Boerderijstraat(Wak) 6A, 8720 Dentergem
since 20182.273.821.837
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37016A0055/00D003 | Flanders | 2,969 m² | 1 · 189 m² | 6.2 m · 1 fl. |
| 37006A0269/00F000 | Flanders | 2,435 m² | 1 · 173 m² | 6.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,388 EUR awarded · 1,799 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,498 EUR | 908 EUR |
| 2024 | 1 | 387 EUR | 387 EUR |
| 2023 | 1 | 234 EUR | 373 EUR |
| 2022 | 1 | 269 EUR | 131 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
8 categoriesMISPLON BV39134
Similar companies · same sector, comparable size
DE SMIDT Frères
BE 0451.789.871
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DE JAEGER CHRISTIAN
BE 0474.628.126
Evergem · Eq €374k
BRO TECH
BE 0784.656.358
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Grondwerken Dieter Depuydt
BE 0607.844.263
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JME CONSTRUCT
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Lontzen · Eq €374k
Of 8,403 companies in sector 43120 we hold annual accounts for 3,206. 2,316 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-01-2018
Fiscal year end31-03
Activities, NACEBEL
43120Site preparation
42219Civil engineering
43110Demolition
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.