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MITA

Active
Private limited companyfounded 2023active for 3 yearsJasmijnlaan 11, 8400 Oostende, BelgiumKBO/BCE: BE 0805.490.671
Summary

MITA has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6,790 and a net result of €1,790. Its solvency ranks better than 20% of 11,207 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (6 days) Filed on 6 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00035028.

Turnover
≈ €150,000
Estimated: probably between €93,000 and €190,000
Total assets
€298,512
Net result
€1,790
Working capital
-€20,871

Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €298,512
Fixed assets €292,260
Current assets €6,252
Equity and liabilities €298,512
Equity €6,790
Debt €291,722
Debt finances 97.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€65,632
Cash flow
€64,809
Current ratio
0.23
Debt to equity
42.97
ROE
26.4%
ROA
0.6%
Interest coverage
over 100
Debt ≤ 1 year
€27,122
Debt > 1 year
€264,600
Income taxes
€735

Peer companies

Historical observation

Of the 2,135 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92.1% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
5.2% went bankrupt
2.4% stopped otherwise
92.1% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.8% 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 497,445 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
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 74.5% 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 2,135 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 · 2025 · 40 lines
Balance sheet Code2025
Assets
Total assets20/58€298,512
Fixed assets21/28€292,260
Tangible fixed assets22/27€292,260
Land and buildings22€292,260
Current assets29/58€6,252
Amounts receivable within one year40/41€5,546
Trade receivables40€2,458
Other amounts receivable41€3,088
Cash at bank and in hand54/58€705
Equity and liabilities
Total equity and liabilities10/49€298,512
Equity10/15€6,790
Contributions10/11€5,000
Reserves13€1,790
Distributable reserves133€1,790
Amounts payable17/49€291,722
Amounts payable after more than one year17€264,600
Financial debts170/4€264,600
Amounts payable within one year42/48€27,122
Current portion of amounts payable after more than one year42€18,900
Trade debts44€128
Suppliers440/4€128
Taxes, remuneration and social security45€6,377
Taxes450/3€4,877
Remuneration and social security454/9€1,500
Other amounts payable47/48€1,718
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63,019
Other operating charges640/8€4,739
Gross operating margin9900€70,371
Operating profit (loss)9901€2,613
Financial income75/76B€549
Recurring financial income75€549
Financial charges65/66B€638
Recurring financial charges65€638
Profit (loss) for the period before taxes9903€2,525
Income taxes67/77€735
Profit (loss) for the period9904€1,790
Profit (loss) for the period to be appropriated9905€1,790
Appropriation of the result
Profit (loss) to be appropriated9906€1,790
Transfer to equity691/2€1,790
To other reserves6921€1,790

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63,019
Other operating charges640/8€4,739
Gross operating margin9900€70,371
Operating profit (loss)9901€2,613
Financial income75/76B€549
Recurring financial income75€549
Financial charges65/66B€638
Recurring financial charges65€638
Profit (loss) for the period before taxes9903€2,525
Income taxes67/77€735
Profit (loss) for the period9904€1,790
Profit (loss) for the period to be appropriated9905€1,790
Line2025
Assets
Total assets20/58€298,512
Fixed assets21/28€292,260
Tangible fixed assets22/27€292,260
Land and buildings22€292,260
Current assets29/58€6,252
Amounts receivable within one year40/41€5,546
Trade receivables40€2,458
Other amounts receivable41€3,088
Cash at bank and in hand54/58€705
Equity and liabilities
Total equity and liabilities10/49€298,512
Equity10/15€6,790
Contributions10/11€5,000
Reserves13€1,790
Distributable reserves133€1,790
Amounts payable17/49€291,722
Amounts payable after more than one year17€264,600
Financial debts170/4€264,600
Amounts payable within one year42/48€27,122
Current portion of amounts payable after more than one year42€18,900
Trade debts44€128
Suppliers440/4€128
Taxes, remuneration and social security45€6,377
Taxes450/3€4,877
Remuneration and social security454/9€1,500
Other amounts payable47/48€1,718
Line2025
Profit (loss) for the period9904€1,790
+ Depreciation and write-downs630€63,019
Operating cash flow (approximation)€64,809

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

Filings with the National Bank (1)
Financial year Type Filed Reference
30-06-2025 abbreviated format 06-02-2026 2026-00035028

Similar companies · same sector, comparable size

Of the 11,699 active companies whose main activity is real estate agency activities (NACE 68310), figures are known for 7,110. 2,600 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.