Starting capital
€500 100 shares
MITCHTECH
Lifetime
1 annual account with figurespeak €75,714 (2025)
€75,714
peak €43,588 (2025)
€43,588
peak €21,988 (2025)
€21,988
€28,325
Board1 name since 2024
1 directorBOURJLATE Nouh
Documentsfilings and deeds
14-05-202614 days late
2025micro format
First year with figures
Key points
from the 2025 annual accountsPosition in the sector
€43,588
Higher net result than 81% of companies in civil engineering. Sector median €12,006 · 1,259 companies.
2025 accounts filed 14 days after the deadline
Checked score
50
Fair
Financially stronger than 51% of micro companies in civil engineering (NACE 42)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.8% across 1,866 companies (NACE 42, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
09-2025: 1.8%lowest value
10-2025: 1.8%● unchanged vs 09-2025
11-2025: 2.2%▲ +0.4 percentage points vs 10-2025
12-2025: 2.3%▲ +0.1 percentage points vs 11-2025
01-2026: 2.5%▲ +0.2 percentage points vs 12-2025
02-2026: 2.5%● unchanged vs 01-2026
03-2026: 2.8%▲ +0.3 percentage points vs 02-2026
04-2026: 2.9%▲ +0.1 percentage points vs 03-2026
05-2026: 2.8%▼ -0.1 percentage points vs 04-2026
06-2026: 2.8%● unchanged vs 05-2026
07-2026: 3.0%▲ +0.2 percentage points vs 06-2026
08-2026: 3.2%▲ +0.2 percentage points vs 07-2026
09-2026: 3.2%● unchanged vs 08-2026
10-2026: 3.7%▲ +0.5 percentage points vs 09-2026highest value
11-2026: 3.7%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Size: turnover €75,714, total assets €50,313
Liquidity: current ratio 1.78, cash €3
Sector: Civil engineering (NACE 42)
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 42, micro). It does better than 50% of them on solvency, 13% on liquidity and 91% on profitability.
The bankruptcy probability was computed on 10-11-2026 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 30-09-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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 MITCHTECH 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
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of MITCHTECH itself is higher: 3.7% within 12 months. It rests on far more data about MITCHTECH than the profile alone.
Test of the method
The method was tested on the 497,448 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.
| 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 MITCHTECH. 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 €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.78, above the usual 1.5. Short-term debt is 56.3% and cash 0% of total assets. However, 56.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
raises risk
raises risk · 2025 accounts filed 14 days late
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 14-05-2026, 14 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
14 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1012226771
Incorporation
Founding capital of €500, 100 shares · Founder: BOURJLATE Nouh (comparant) · Appointment: BOURJLATE Nouh (director) · published on 07-08-2024 · Gazette deed
First establishment
Romeinsesteenweg 15, Vilvoorde
Comparable companies
same main activity, similar in size and ageGrey: the largest companies of the sector (civil engineering (NACE 42)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as MITCHTECH: construction of utility projects for electricity and telecommunications (NACE 42220). They are comparable in size and age: total assets between €41,300 and €64,400, founded in 2024.
Official details
Source: KBO- Status
- Active since 05-08-2024Normal situation
- Activity
- Construction of utility projects for electricity and telecommunicationsNACE 42220and 2 others
- Establishment unit
- 2.362.629.0971800 Vilvoorde, since 05-08-2024
- Financial year end
- 30 September
- Peppol
- Reachable since 08-01-2026
Insights on MITCHTECH
The computed 12-month bankruptcy probability of MITCHTECH is 3.7% (moderate). The 2025 annual accounts show equity of €21,988 and a net result of €43,588.
Its solvency ranks better than 49% of 1,263 sector peers (NACE 42, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MITCHTECH
- What is the company number of MITCHTECH?
- The company number of MITCHTECH is 1012.226.771. The VAT number is the same number with BE in front: BE 1012.226.771.
- Where is MITCHTECH based?
- The registered office is at Romeinsesteenweg 15, 1800 Vilvoorde.Company details
- What does MITCHTECH do?
- According to the KBO register, the main activity is construction of utility projects for electricity and telecommunications (NACE 42220).
- What is the legal form of MITCHTECH?
- MITCHTECH is a private limited company (BV).
- When was MITCHTECH founded?
- MITCHTECH was founded on 05-08-2024.
- Is MITCHTECH still active?
- Yes, MITCHTECH is an active enterprise in the KBO register.
- What is the turnover of MITCHTECH?
- The turnover of MITCHTECH was €75,714 in financial year 2025, according to the filed annual accounts.Financials
- Is MITCHTECH profitable?
- In financial year 2025, MITCHTECH made a profit of €43,588.
- Where can I find the annual accounts of MITCHTECH?
- MITCHTECH filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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