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MITCHAUX

Active
Private limited company (pre-2019)founded 199234 yrs activeGellenberg(LUB) 23, 3210 Lubbeek, BelgiumKBO/BCE: BE 0446.644.616

MITCHAUX has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €646k and a net result of €150k. Equity is growing by ~26.3% per year across the filed fiscal years. Its solvency ranks better than 80% of 1259 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2025
93 / 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 4.71 against 4.58 in 2024), and 20.5% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 75
Relative position
BE, all sectors
reference
Sector 75
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 34 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
79.5%
Return on assets
18.5%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-02-2026, 8 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
8 d late
2024
3 d early
2023
on the day
2022
32 d early
2021
on the day
2020
2 d early
2019
44 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€646k▲ 17.4%
2024 · €550k
2019: €159k 2020: €214k 2021: €299k 2022: €406k 2023: €437k 2024: €550k
2019 → 2025
Total assets
€813k▲ 11.7%
2024 · €727k
2019: €399k 2020: €428k 2021: €549k 2022: €627k 2023: €717k 2024: €727k
2019 → 2025
Net result
€150k▼ 5.5%
2024 · €159k
2019: €46k 2020: €55k 2021: €85k 2022: €107k 2023: €126k 2024: €159k
2019 → 2025
Working capital
€578k▲ 20.2%
2024 · €481k
2019: €121k 2020: €191k 2021: €271k 2022: €381k 2023: €376k 2024: €481k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€299k-€406k▲ 35.6%€437k▲ 7.7%€550k▲ 25.9%€646k▲ 17.4%
Operating result€127k-€157k▲ 23.6%€179k▲ 14.3%€191k▲ 6.9%€215k▲ 12.4%
Net result€85k-€107k▲ 25.1%€126k▲ 18.4%€159k▲ 26.4%€150k▼ 5.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200kOperating result 2021: €127k€127kNet result 2021: €85k€85kOperating result 2022: €157k€157kNet result 2022: €107k€107kOperating result 2023: €179k€179kNet result 2023: €126k€126kOperating result 2024: €191k€191kNet result 2024: €159k€159kOperating result 2025: €215k€215kNet result 2025: €150k€150k20212022202320242025
The operating result has risen four years in a row; 2025 is 12% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €813k
Fixed assets €79k▼ 29.6%
Current assets €734k▲ 19.3%
Equity and liabilities €813k
Equity €646k▲ 17.4%
Debt €167k▼ 5.8%
The debt ratio falls from 24.3% to 20.5%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€264k
2024 · €238k
Cash flow
€199k
2024 · €206k
Solvency
79.5%
2024 · 75.7%
Current ratio
4.71
2024 · 4.58
Quick ratio
4.67
2024 · 4.55
Debt / equity
0.26
2024 · 0.32
ROE
23.3%
2024 · 28.9%
ROA
18.5%
2024 · 21.9%
Interest coverage
111.25
2024 · 53.77
Debt
€167k
2024 · €177k
Debt ≤ 1 year
€156k
2024 · €134k
Debt > 1 year
€11k
2024 · €42k
Income taxes
€74k
2024 · €61k
Staff costs
€32k
2024 · €32k
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€727k€813k
Fixed assets21/28€112k€79k
Tangible fixed assets22/27€112k€79k
Land and buildings22€44k€22k
Plant, machinery and equipment23€39k€43k
Furniture and vehicles24€20k€8k
Other tangible fixed assets26€8k€6k
Current assets29/58€615k€734k
Amounts receivable after more than one year29€44k€45k
Other amounts receivable291€44k€45k
Stocks and contracts in progress3€5k€7k
Stocks30/36€5k€7k
Amounts receivable within one year40/41€64k€29k
Trade receivables40€8k€8k
Other amounts receivable41€56k€21k
Current investments50/53€250k€250k=
Cash at bank and in hand54/58€243k€395k
Deferred charges and accrued income490/1€10k€9k
Equity and liabilities
Total equity and liabilities10/49€727k€813k
Equity10/15€550k€646k
Contributions10/11€19k€19k=
Reserves13€532k€627k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€530k€626k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€177k€167k
Amounts payable after more than one year17€42k€11k
Financial debts170/4€42k€11k
Amounts payable within one year42/48€134k€156k
Current portion of amounts payable after more than one year42€37k€32k
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€11k€27k
Suppliers440/4€11k€27k
Taxes, remuneration and social security45€40k€42k
Taxes450/3€33k€33k
Remuneration and social security454/9€8k€8k
Other amounts payable47/48€46k€55k
Income statement Code20242025
Remuneration, social security and pensions62€32k€32k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€49k
Other operating charges640/8€2k€5k
Gross operating margin9900€272k€301k
Operating profit (loss)9901€191k€215k
Financial income75/76B€33k€12k
Recurring financial income75€11k€12k
Non-recurring financial income76B€23k€0
Financial charges65/66B€4k€2k
Recurring financial charges65€4k€2k
Profit (loss) for the period before taxes9903€220k€224k
Income taxes67/77€61k€74k
Profit (loss) for the period9904€159k€150k
Profit (loss) for the period to be appropriated9905€159k€150k
Appropriation of the result
Profit (loss) to be appropriated9906€159k€150k
Transfer from equity791/2€45k€54k
Transfer to equity691/2€158k€150k
To other reserves6921€158k€150k
Profit to be distributed694/7€46k€55k
Return on contributions (dividend)694€45k€54k
Employees696€990€816

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
08-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 8 days late
2025
28-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial Highest result since 2019net €159k ▲26.4%
Net result €159k, the highest in the series.
30-06
Financial Equity above €500kEq €550k ▲25.9%
6 profitable years in a row build equity to €550k.
31-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
30-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial Equity above €200kEq €214k ▲34.4%
2 profitable years in a row build equity to €214k.
2019
18-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
13-12
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
20-12
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
16-12
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
1 act for this company is 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, Lubbeek · 1 establishment unit since 1992
establishment The establishment unit on the map
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.

Gellenberg(LUB) 233210 Lubbeek
Ground area
2,204 m²
Building footprint
314 m²
Volume, LiDAR
1,874 m³
Parcel 24066C0346/00T000, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Gellenberg(LUB) 23, 3210 Lubbeek
NACE 85200
since 19922.301.111.895
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24066C0346/00T000 Flanders 2,204 m² 1 · 314 m² 10.2 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.

Similar companies · same sector, comparable size

Of 6,072 companies in sector 75000 we hold annual accounts for 1,944. 1,224 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded12-02-1992
Fiscal year end30-06
Activities, NACEBEL
75000Veterinary services
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.