MIT
ActiveThe annual accounts of MIT for fiscal year 2025 show a net loss of 76% of the equity at the start of that year. The 2025 annual accounts show equity of €3k and a net result of €-10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 7709 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability2▼-47
Solvency29▼-14
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.73 against 1.23 in 2024; short-term debt: 95.9% and cash: 2.2% of total assets), and 95.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
4.1%
Return on assets
-13.5%
Age of the figures
18 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 7709 sector peers (2025).
NBB · sector comparisonPosition among 7709 sector peers
Solvency
better than 15%
← weakest
strongest →
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 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
27 d late
2023
30 d late
2022
31 d early
2021
2 d early
2020
25 d late
2019
45 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 close18-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 76.4%
2024 · €13k
2019: €-86k
2020: €-95k
2021: €-35k
2022: €-8k
2023: €9k
2024: €13k
2019 → 2025
Total assets
€71k▲ 4.4%
2024 · €68k
2019: €79k
2020: €72k
2021: €69k
2022: €62k
2023: €63k
2024: €68k
2019 → 2025
Net result
€-10k
2024 · €3k
2019: €43k
2020: €-9k
2021: €60k
2022: €27k
2023: €18k
2024: €3k
2019 → 2025
Working capital
€-18k
2024 · €13k
2019: €45k
2020: €38k
2021: €37k
2022: €-12k
2023: €9k
2024: €13k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-35k-€-8k▲ 76.0%€9k€13k▲ 34.9%€3k▼ 76.4%
Operating result€60k-€27k▼ 55.6%€18k▼ 33.7%€3k▼ 80.8%€-9k
Net result€60k-€27k▼ 55.7%€18k▼ 33.7%€3k▼ 81.7%€-10k
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 turns negative in 2025: a loss of €9k after €3k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71k
Fixed assets
€21k
Current assets
€50k
Equity and liabilities €71k
Equity
€3k▼ 76.4%
Debt
€68k▲ 22.6%
The debt ratio rises from 81.6% to 95.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-4k
Cash flow
€-4k
Solvency
4.1%▼
2024 · 18.4%
Current ratio
0.73▼
2024 · 1.23
Quick ratio
0.73▼
2024 · 1.23
Debt / equity
23.12▲
2024 · 4.44
ROE
-324.6%▼
2024 · 25.9%
ROA
-13.5%▼
2024 · 4.8%
Interest coverage
-39.21
Debt
€68k▲
2024 · €56k
Debt ≤ 1 year
€68k▲
2024 · €56k
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€68k€71k▲
Fixed assets21/28-€21k
Tangible fixed assets22/27-€21k
Furniture and vehicles24-€21k
Current assets29/58€68k€50k▼
Amounts receivable within one year40/41€66k€48k▼
Trade receivables40€66k€43k▼
Other amounts receivable41€566€5k▲
Cash at bank and in hand54/58€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€68k€71k▲
Equity10/15€13k€3k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-8k€-18k▼
Amounts payable17/49€56k€68k▲
Amounts payable within one year42/48€56k€68k▲
Trade debts44€876€90▼
Suppliers440/4€876€90▼
Other amounts payable47/48€55k€68k▲
Income statement
Code20242025
Non-recurring operating income76A-€10k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€5k
Other operating charges640/8€180€9k▲
Gross operating margin9900€4k€5k▲
Operating profit (loss)9901€3k€-9k▼
Financial charges65/66B€181€106▼
Recurring financial charges65€181€106▼
Profit (loss) for the period before taxes9903€3k€-10k▼
Profit (loss) for the period9904€3k€-10k▼
Profit (loss) for the period to be appropriated9905€3k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-18k▼
Profit (loss) brought forward from the previous period14P€-11k€-8k▲
The notes to these accounts (7 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
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €-10k ▼396%
Net result drops to €-10k, the lowest in the series.
2024
27-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2023
30-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Back to profitnet €60k
Net result €60k after one loss-making year.
2020
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2019
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
14-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
19-09
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.
Directors · office · real estate
Directors
4 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, Tienen · 1 establishment unit since 2006
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.
Begijnenstraat 613300 TienenGround area
342 m²
Building footprint
118 m²
Volume, LiDAR
570 m³
Parcel 24081A0206/00G000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
-
since 20062.156.771.739
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24081A0206/00G000 | Flanders | 342 m² | 1 · 118 m² | 7.7 m · 2 fl. |
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.
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Of 4,575 companies in sector 82300 we hold annual accounts for 1,669. 461 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-10-2006
Fiscal year end31-03
Activities, NACEBEL
82300Organisation of conventions and trade shows
77221Rental and leasing activities
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
77320Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0473/892454