Mista
ActiveSummary
Mista has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.26M and a net result of €169k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 38% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-1
Solvency64▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.08 in 2024; short-term debt: 5.5% and cash: 6% of total assets), but 61.3% of the assets are financed with debt.
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Signals
Four 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
38.7%
Return on assets
5.2%
Age of the figures
12 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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-04-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
on the day
2023
4 d early
2022
2 d early
2021
75 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
History
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€1.26M▲ 15.5%
2024 · €1.09M
Total assets
€3.26M▼ 2.4%
2024 · €3.34M
Net result
€169k▼ 9.1%
2024 · €186k
Working capital
€96k▲ 361%
2024 · €21k
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
Line20212022202320242025
Operating result€346k▲ 154%€149k▼ 56.8%€244k▲ 63.5%€277k▲ 13.5%€250k▼ 9.8%
Net result€252k▲ 176%€92k▼ 63.3%€158k▲ 70.8%€186k▲ 18.0%€169k▼ 9.1%
Equity€655k▲ 38.1%€747k▲ 14.1%€905k▲ 21.1%€1.09M▲ 20.6%€1.26M▲ 15.5%
Total assets€881k▲ 67.2%€3.26M▲ 271%€3.33M▲ 2.2%€3.34M▲ 0.1%€3.26M▼ 2.4%
Debt€226k▲ 329%€2.52M▲ 1,014%€2.43M▼ 3.5%€2.25M▼ 7.6%€2.00M▼ 11.1%
Working capital€576k▲ 54.6%€147k▼ 74.5%€108k▼ 26.4%€21k▼ 80.8%€96k▲ 361%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.26M
Fixed assets
€2.98M ▼ 2.3%
Current assets
€276k ▼ 3.9%
Equity and liabilities €3.26M
Equity
€1.26M ▲ 15.5%
Debt
€2.00M ▼ 11.1%
Debt's share of the balance-sheet total falls from 67.3% to 61.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€319k▼
2024 · €344k
Cash flow
€238k▼
2024 · €253k
Current ratio
1.53▲
2024 · 1.08
Debt to equity
1.58▼
2024 · 2.06
ROE
13.4%▼
2024 · 17.1%
ROA
5.2%▼
2024 · 5.6%
Interest coverage
13.69▲
2024 · 13.61
Debt ≤ 1 year
€180k▼
2024 · €266k
Debt > 1 year
€1.82M▼
2024 · €1.98M
Income taxes
€58k▼
2024 · €66k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23k | €201k | €59k | €66k | €69k | ▲ 3.8% |
| Other operating charges640/8 | - | €4k | €4k | €5k | €5k | ▼ 11.4% |
| Gross operating margin9900 | €370k | €355k | €307k | €349k | €324k | ▼ 7.2% |
| Operating profit (loss)9901 | €346k | €149k | €244k | €277k | €250k | ▼ 9.8% |
| Financial income75/76B | - | €1k | €351 | €49 | €0 | ▼ 100% |
| Recurring financial income75 | - | €1k | €351 | €49 | €0 | ▼ 100% |
| Financial charges65/66B | - | €18k | €27k | €25k | €23k | ▼ 7.7% |
| Recurring financial charges65 | €4k | €18k | €27k | €25k | €23k | ▼ 7.7% |
| Profit (loss) for the period before taxes9903 | €342k | €132k | €218k | €252k | €227k | ▼ 10.0% |
| Income taxes67/77 | €90k | €40k | €60k | €66k | €58k | ▼ 12.4% |
| Profit (loss) for the period9904 | €252k | €92k | €158k | €186k | €169k | ▼ 9.1% |
| Profit (loss) for the period to be appropriated9905 | €252k | €92k | €158k | €186k | €169k | ▼ 9.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €881k | €3.26M | €3.33M | €3.34M | €3.26M | ▼ 2.4% |
| Fixed assets21/28 | €78k | €2.90M | €2.94M | €3.05M | €2.98M | ▼ 2.3% |
| Tangible fixed assets22/27 | €78k | €2.90M | €2.94M | €3.05M | €2.98M | ▼ 2.3% |
| Land and buildings22 | - | €2.85M | €2.90M | €2.89M | €2.85M | ▼ 1.4% |
| Furniture and vehicles24 | - | €20k | €0 | €111k | €84k | ▼ 24.6% |
| Other tangible fixed assets26 | - | €35k | €35k | €48k | €48k | = |
| Current assets29/58 | €802k | €362k | €396k | €287k | €276k | ▼ 3.9% |
| Amounts receivable within one year40/41 | €242k | €1k | €97k | €48k | €80k | ▲ 65.8% |
| Trade receivables40 | - | €1k | €97k | €46k | €78k | ▲ 68.8% |
| Other amounts receivable41 | - | - | - | €2k | €2k | ▲ 6.6% |
| Cash at bank and in hand54/58 | €560k | €361k | €296k | €235k | €194k | ▼ 17.2% |
| Deferred charges and accrued income490/1 | - | - | €4k | €4k | €1k | ▼ 69.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €881k | €3.26M | €3.33M | €3.34M | €3.26M | ▼ 2.4% |
| Equity10/15 | €655k | €747k | €905k | €1.09M | €1.26M | ▲ 15.5% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €95k | €95k | €95k | €95k | €95k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €93k | €93k | €93k | €93k | = |
| Profit (loss) carried forward14 | €547k | €639k | €797k | €984k | €1.15M | ▲ 17.2% |
| Amounts payable17/49 | €226k | €2.52M | €2.43M | €2.25M | €2.00M | ▼ 11.1% |
| Amounts payable after more than one year17 | - | €2.30M | €2.14M | €1.98M | €1.82M | ▼ 8.3% |
| Financial debts170/4 | - | €2.30M | €2.14M | €1.98M | €1.82M | ▼ 8.3% |
| Amounts payable within one year42/48 | €226k | €215k | €288k | €266k | €180k | ▼ 32.4% |
| Current portion of amounts payable after more than one year42 | - | €158k | €160k | €162k | €163k | ▲ 1.1% |
| Trade debts44 | €12k | €6k | €11k | €41k | €8k | ▼ 80.8% |
| Suppliers440/4 | - | €6k | €11k | €41k | €8k | ▼ 80.8% |
| Taxes, remuneration and social security45 | - | €45k | €107k | €63k | €9k | ▼ 86.4% |
| Taxes450/3 | - | €45k | €105k | €63k | €9k | ▼ 86.4% |
| Remuneration and social security454/9 | - | - | €2k | €0 | - | - |
| Other amounts payable47/48 | - | €6k | €10k | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €252k | €92k | €158k | €186k | €169k | ▼ 9.1% |
| + Depreciation and write-downs630 | €23k | €201k | €59k | €66k | €69k | ▲ 3.8% |
| Operating cash flow (approximation) | €275k | €294k | €217k | €253k | €238k | ▼ 5.7% |
| Investment in fixed assets (approximation) | - | €-3.02M | €-96k | €-179k | €0 | ▲ 100% |
| Change in cash | - | €-199k | €-65k | €-61k | €-40k | ▲ 33.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Equity above €1MEq €1.09M ▲20.6%
7 profitable years in a row build equity to €1.09M.
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Highest result since 2018net €252k ▲176%
Operating result €346k, net result €252k, both a record.
30-09
Financial
Equity above €500kEq €655k ▲38.1%
4 profitable years in a row build equity to €655k.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet €91k ▼54.9%
Net result drops to €91k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity doublescurrent ratio 8.09
Current ratio from 4.01 to 8.09; short-term debt falls from €181k to €53k.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
11-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 7 days late
2017
24-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
3 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 2010
Ground area
2,748 m²
Building footprint
284 m²
Volume, LiDAR
1,464 m³
Parcel 34033C0211/00Z000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mista
since 20102.222.901.884
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34033C0211/00Z000 | Flanders | 2,748 m² | 1 · 284 m² | 8.4 m · 2 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.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 25,318 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded28-01-2010
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.