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MITAX

Active Private limited companyfounded 2023active for 3 yearsLouis Mettewielaan 260, 1080 Molenbeek-Saint-JeanKBO/BCE: BE 0799.564.169

Overview

Lifetime

3 annual accounts with figures on one time axis
peak €41,194 (2025)
€41,194▲ 210%
lowest -€2,452 (2023)
€5,975▲ 14×
peak €5,943 (2025)
€5,943▲ €5,975
€11,450▲ 39.9%
Board1 name since 2023
1 directorBAHRANI Nabil
Documentsfilings and deeds
27-05-202665 days before the deadline
2025micro format
Gross margin from €13,304 to €41,194Result from €420 to €5,975Equity from -€32 to €5,943Debts from €8,184 to €11,450Cash from €2,961 to €8,231

Key points

from the 2025 annual accounts

Turnover

≈ €100,000 estimated

The micro format states no turnover.

Investments

€1,742 1.8 × depreciation
202320242025

Green is investment, beige is depreciation.

Liquidity

1.18 was 0.61 in 2024

Short-term debts rose from €8,184 to €11,450.

Filings

3 annual accounts 2 late
AprilJune31 JulyOctober202320242025

The 2023 accounts came latest: 61 days after the end of the period.

Position in the sector

€5,943

Less equity than 89% of companies in legal and accounting. Sector median €86,410 · 15,829 companies.

Checked score

96
Excellent
Financially stronger than 67% of micro companies in legal and accounting (NACE 69)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: < 0.1% across 20,107 companies (NACE 69, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.5%▲ +0.1 percentage points vs 02-2025 04-2025: 0.6%▲ +0.1 percentage points vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 1.0%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.9 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: < 0.1%▼ -0.1 percentage points vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

59+34equity 34.2% of total assets
65+20short-term debt 65.8% · cash 47.3%
100+25return on assets 34.4%

Score breakdown

lowers risk
Sector: Legal and accounting activities (NACE 69)
Liquidity: current ratio 1.18, cash €8,231
Figures for financial year 2025 (filed on 27-05-2026)
Size: total assets €17,393
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro). It does better than 33% of them on solvency, 52% on liquidity, 82% on profitability and 99% on growth.

The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as MITAX has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of MITAX itself is lower: < 0.1% within 12 months. It rests on far more data about MITAX than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for MITAX. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €500 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.18 (0.61 in 2024), below the usual 1.5. Short-term debt is 65.8% and cash 47.3% of total assets. 65.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
lowers risk · Liquidity: current ratio 1.18, cash €8,231
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 27-05-2026)
NBB · annual accounts
lowers risk · Size: total assets €17,393
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 27-05-2026, 65 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
65 days early
2024
25 days late
2023
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 7 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 August (3 of the last 3 accounts filed within 90 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Board and ownership

BN
Director, since 15-03-2023
  • BAHRANI Nabil 100 sharesdeed of 17-03-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0799564169
First establishment Louis Mettewielaan 260, Molenbeek-Saint-Jean
Incorporation Founding capital of €2,000, 100 shares · Appointment: BAHRANI Nabil (director) · published on 17-03-2023 · Gazette deed
All 8 events

Comparable companies

same main activity, similar in size and age
Company
MITAX Molenbeek-Saint-Jean €17,393 €41,194 34.2% -
FULL AUDIT Anderlecht €17,784 €33,607 54.1% -
FISCOLOOF Lubbeek €25,476 €37,321 43.9% -
KVB Consulting Watermael-Boitsfort €29,308 €37,747 6.8% -
SAMBRE COMPTA Incourt €17,573 €23,797 23.8% -
FISKAVAT Zwevegem €31,482 €38,632 22.0% -
STACQUEZ O CONSULTING Ixelles €22,302 €70,011 13.5% -

These companies have the same main activity as MITAX: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €17,600 and €31,500, founded between 2021 and 2023.

Official details

Source: KBO
Status
Active since 15-03-2023Normal situation
Registered office
24 active companies are registered at this address5 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Certified accountants and tax accountantsNACE 69201and 1 other
Establishment unit
2.342.802.0021080 Molenbeek-Saint-Jean, since 17-03-2023
Financial year end
31 December
Peppol
Reachable since 10-04-2025
Company details

Annual accounts 2025

€41,194▲ 210%
€5,975▲ 14×
€5,943
€17,393▲ 113%
Filing
Filed on 27-05-2026, 65 days before the end of the filing period
Financials

Insights on MITAX

MITAX files the micro format. That format states no turnover. The gross margin rose from -€1,954 in 2023 to €41,194 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 27-05-2026, 65 days before the deadline
€41,194
▲ 210%
€6,111
▲ 13×
€5,975
▲ 14×
€2,095
▲ €5,318
34.2%
▲ 34.6 percentage points
1.18
▲ 0.58

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

Turnover ≈ €100,000. Estimated: probably between €73,000 and €140,000.

Balance sheet

balance sheet total €17,393 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

34.2%

Higher than 30% of 15,824 companies in 2025.

1.18

Higher than 26% of 15,596 companies in 2025.

34.4%

Higher than 71% of 15,713 companies in 2025.

MITAX Middle half of the sector 80% of the sector Micro accounts in legal and accounting (NACE 69)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023
Balance sheet: assets
20/58 17,3938,1525,268
20 459551735
21/28 3,3892,6403,377
22/27 3,3892,6403,377
24 1,9042,6403,377
26 1,485--
29/58 13,5454,9601,155
40/41 5,3141,9991,087
40 5,3141,999-
41 --1,087
54/58 8,2312,96168
Balance sheet: equity and liabilities
10/49 17,3938,1525,268
10/15 5,943-32-452
10/11 2,0002,0002,000
14 3,943-2,032-2,452
17/49 11,4508,1845,720
42/48 11,4508,1845,720
44 1,439775919
440/4 1,439775919
45 7,8402,640-
450/3 6,6161,840-
454/9 1,224801-
47/48 2,1714,7684,801
Income statement
9900 41,19413,304-1,954
62 33,95811,826-
630 994921491
640/8 13183-
9901 6,111474-2,445
65/66B 137548
65 137548
9903 5,975420-2,452
9904 5,975420-2,452
9905 5,975420-2,452
Appropriation of the result
9906 3,943-2,032-2,452
14P -2,032-2,452-
Document PDFPDFPDF

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 27-05-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 27-05-2026 2026-00121776 PDF
31-12-2024 micro format 25-08-2025 2025-00398826 PDF
31-12-2023 micro format 30-09-2024 2024-00499539 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023
7,1051,395-1,954
6,9681,341-1,961
1,7421843,868
5,2692,893-
2,095-3,224-4,565
34.2%-0.4%-8.6%
1.180.610.20
1.93--
100.5%--
34.4%5.2%-46.6%
52.0325.93-260.52

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item202520242023
Tangible fixed assets€1,742€184€3,868
€994€921€491

Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)

Insights on MITAX

The operating result for 2025 is nearly 13 times that of 2024 and the highest since 2023. It is the second rise in a row.

Debt's share of the balance-sheet total is 65.8%.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
since 15-03-2023 term without a fixed end
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 17-03-2023

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
BAHRANI Nabil
Director (not named in the articles)
Board
Mandates as a list
  • BAHRANI Nabil
    • Director (not named in the articles), from 15-03-2023 to date

See the board, name and registered office on a given date →

Control

Founder
BAHRANI Nabil
This company
MITAX
Equity €5,943
Profit €5,975 in 2025

Capital

Contribution
€2,000
Shares
100
Contribution per share
€20
Equity per share
€59.43 in 2025
Source
deed of 17-03-2023

Articles of association

deed of 17-03-2023 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
1 director
“Qualité des administrateurs, Si aucune qualité ne forme la majorité des professionnels membres, la qualité du président de l'organe de…”
“L’organe d’administration peut accomplir tous les actes nécessaires ou utiles à l’accomplissement de l’objet, sous réserve de ceux que la…”
“Rémunération des administrateurs, L’assemblée générale décide si le mandat d’administrateur est ou non exercé gratuitement”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Monday of June at 18:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

At incorporation deed of 17-03-2023 ↗

Network & group

No group

MITAX has no parent and no holdings in its annual accounts. BAHRANI Nabil is the only director. MITAX shares no director with another company.

At the same address

Louis Mettewielaan 260, 1080 Molenbeek-Saint-Jean · 23 other companies
PIT STOP
registered office since 18-05-1999 · founded in 1999
total assets €3.1m (2025)
0466.067.182
DAY FOOD
registered office since 16-12-2013 · founded in 2013
total assets €2.5m (2025)
0543.317.388
P CENTRALE
registered office since 24-03-2021 · founded in 2021
total assets €1.6m (2025)
0765.622.186
MG-MANSORY
registered office since 16-03-2023 · founded in 2023 · accounts filed late
3.2 FTE (2024)
0799.582.579
BELLE NATURE FERMIER
registered office since 03-03-2021 · founded in 2021 · negative equity (2025)
total assets €133,341 (2025)
0764.583.001
N&S IMMO
registered office since 05-05-2025 · founded in 2025
total assets €81,350 (2025)
1022.978.430
Y & O
establishment since 21-10-2024 · founded in 2022 · negative equity (2025)
total assets €45,422 (2025)
0780.747.258
BF-A CONSULTING
registered office since 01-07-2024 · founded in 2024
total assets €42,651 (2025)
1004.526.456
LIVE & EVENT
registered office since 24-04-2007 · founded in 2007
total assets €31,555 (2025)
0888.974.712
SAGOU
registered office since 19-07-2024 · founded in 2024 · negative equity (2025)
total assets €4,238 (2025)
1011.755.728
and 13 more

Timeline

Timeline

8 events since 2023

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFmicro format · 65 days before the deadline
2025
Highest result from 2023 to 2025 net €5,975 ▲1,321% The operating result of €6,111 and the net result of €5,975 are both a record.
Annual accounts 2024 filed PDFmicro format · 25 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0799564169
2024
Back to profit net €420 The net result is €420, after one loss-making year.
Annual accounts 2023 filed PDFmicro format · 61 days late
2023
First establishment Louis Mettewielaan 260, Molenbeek-Saint-Jean
IncorporationFounding capital of €2,000, 100 shares · Appointment: BAHRANI Nabil (director) · published on 17-03-20232 points ▸
  • Founding capital, €2,000, 100 shares
  • Director appointment, BAHRANI Nabil (director (not named in the articles))
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 15 March 2023, MITAX was incorporated as a private limited company by one natural person, with a starting capital of €2,000.12 BAHRANI Nabil has served as director since 2023.2 Total assets went from €5,268 in 2023 to €17,393 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 17-03-2023
  3. 3National Bank, annual accounts 2023 and 2025

Company details

Identity

Enterprise number
0799.564.169
VAT number
BE 0799.564.169
Peppol ID
0208:0799564169
Other Peppol ID
9925:BE0799564169
Legal form
Private limited company
Status
Active, normal situation
Founded
15-03-2023
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Monday of June at 18:00
deed of 17-03-2023 (in French)
Peppol
Reachable since 10-04-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
MITAX in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 17-03-2023 (in French)

Activities

NACEBEL 2025
VAT activities
Social security (RSZ) activities
Codes under NACEBEL 2008
VAT activities
69201 Accountants main activity
70220 Business consulting
Social security (RSZ) activities
69202 Legal and accounting activities main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Les services juridiques en rapport avec les activités du professionnel; Fournir des conseils, des consultations en matière statistique…”
9 activities
  1. Les services juridiques en rapport avec les activités du professionnel
  2. Fournir des conseils, des consultations en matière statistique, économique, financière et administrative
  3. Mener toutes sortes d'études et d'activités à cet égard, à l'exception des conseils en investissement et des activités pour lesquelles une reconnaissance supplémentaire est requise et/ou qui sont réservées par la loi à d'autres professions
  4. Fournir des conseils et une assistance en matière sociale, notamment l'accomplissement des formalités y relatives tel que le calcul des salaires
  5. Exercer les activités d'ordre juridique et économique compatibles avec la déontologie de la profession
  6. Exercer l'activité de syndic immobilier
  7. Exercer la fonction de liquidateur dans d'autres sociétés
  8. Exercer des mandats d'administrateurs dans d'autres sociétés inscrites au registre public de l'Institut
  9. Activités d'expert-comptable ainsi que l'exercice de toutes les activités jugées compatibles par l'Institut en raison de cette qualité
deed of 17-03-2023 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Louis Mettewielaan 260 registered office 1080 Molenbeek-Saint-Jean 17-03-2023 2.342.802.002

Buildings and parcels at the address

Ground area
4,232 m²
Buildings
2,812 m²
Volume, LiDAR
29,326 m³
Tallest building
32.9 m
Buildings to scale, each on its own parcel
2,812 m², 32.9 m 2,812 m², 32.9 m

Location

registered office establishment The establishment unit on the map
24 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
21524C0070/00C0024,232 m² 1 · 2,812 m² 32.9 m · 1

Contact

E-mail bahrani@mitax.Be establishment in Sint-Jans-Molenbeek