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MITBO

Active
Public limited companyfounded 2014active for 12 yearsDe Kaak 2, 2970 Schilde, BelgiumKBO/BCE: BE 0563.730.247
Summary

MITBO has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €614,123 and a net result of €793,451. Equity is shrinking by about 21% per year across the filed financial years. Its solvency ranks better than 31% of 12,650 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
7th largest employer in Schilde, Wholesale and retail trade sector1 site
Size
€3.1mtotal assets 2025
Staff
12.3 FTE
Equity
€614,123
Profit
€793,451
Turnover not published (abbreviated format)
Financial health
68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Largest shareholder
Holding Brolet - Van Campfort 17 · 50%
  • Holding Brolet - Van Campfort 17 BVManaging director · permanent representative MATHIEU BROLET
  • Holding LGS BVManaging director · permanent representative Fabien Lepièce
Accounts filed 14 days late2 of 6 deeds read
Why 68raises riskFigures for financial year 2025 (filed 18-11-2025)Sector: Retail trade (NACE 47)Equity €614,123 (19.7% of total assets)Size: 12.3 FTE, total assets €3.1mShow the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 43% of its sector peers (NACE 47, small)
Financial strength · tick = 2024
Average
Solvency 45-10
equity 19.7% of total assets
Liquidity 21-19
short-term debt 79.3% · cash 11.6%
Profitability 100=
return on assets 25.5%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,692 companies, NACE 47, small)
Last 24 months 11-2024: 0.7% 12-2024: 0.3%▼ -0.4 percentage points vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.2%▼ -0.1 percentage points vs 03-2025lowest value 05-2025: 0.2%● unchanged vs 04-2025lowest value 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.4%▲ +0.1 percentage points vs 09-2025 11-2025: 0.7%▲ +0.3 percentage points vs 10-2025 12-2025: 0.3%▼ -0.4 percentage points vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.8%▲ +0.4 percentage points vs 09-2026highest value
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 1.0, compared with 1.01 in 2024, below 1; short-term debt: 79.3% and cash: 11.6% of total assets), and 80.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, small): better than 35% on solvency, 19% on liquidity, 98% on profitability and 18% on growth.

The bankruptcy probability was computed on 22-10-2026 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.

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

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Signals

Five signals.
raises riskneutral
raises risk · Figures for financial year 2025 (filed 18-11-2025)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Equity €614,123 (19.7% of total assets)
NBB · annual accounts
raises risk · Size: 12.3 FTE, total assets €3.1m
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 14-11-2025, 14 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
14 days late
2024
1 day early
2023
4 days early
2022
3 days early
2021
2 days early
2020
10 days early
2019
7 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 2 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 29 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end23-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointments: BV Holding Brolet - Van…Permanent representatives: MATHIEU BROLET, Fabien…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Positive: Among the best 5% on net resultsector median €27,784 · 12,640 companies €793,451 View
  • Positive: 7 profitable years in a rowprofit 2025: €793,451 7 years View
  • New directorslatest change 03-11-2025 · 2 in office 2 joined View

By topic

Financials

Financial year
2025
Total assets
€3.1m
Profit
€793,451
Solvency
19.7%
Go to Financials

Board & ownership

Board
2 members
Largest shareholder
Holding Brolet - Van… · 50%
  • Holding Brolet - Van Campfort 17 BVManaging director
  • Holding LGS BVManaging director
Go to Board & ownership

Timeline

Events
14
Since
2016
Next accounts
by 31-10-2026
  1. 26-01-2024Reappointments: HOLDING LGS (director) and HOLDING BROLET…
  2. 27-10-2023Annual accounts filed
  3. 28-10-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Non-specialised retail sale with food, beverages or tobacco…NACE 47110
Founded
06-10-2014
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
17
Annual meeting
Third Friday of September at 10:00
Purpose
“Alle aankoop en alle verkoop van algemene voedingswaren,vers vlees en charcuterie,groenten…” (deed in Dutch)
Go to Articles of association

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