Mitech
ActiveMitech has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75k and a net result of €36k. Equity is growing by ~63.7% per year across the filed fiscal years. Its solvency ranks better than 71% of 16809 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+10
Growth78▲+26
Stability94
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.56 against 1.55 in 2024), and 22.3% 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 risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77.7%
Return on assets
36.9%
Age of the figures
8 mo
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 09-04-2026, 113 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
113 d early
2024
50 d early
2023
59 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
09-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€75k▲ 90.5%
2024 · €39k
2023: €25k
2024: €39k
2023 → 2025
Total assets
€97k▲ 69.7%
2024 · €57k
2023: €65k
2024: €57k
2023 → 2025
Net result
€36k▲ 132%
2024 · €15k
2023: €25k
2024: €15k
2023 → 2025
Working capital
€54k▲ 466%
2024 · €10k
2023: €-13k
2024: €10k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€25k-€39k▲ 58.5%€75k▲ 90.5%
Operating result€32k-€20k▼ 37.3%€45k▲ 126%
Net result€25k-€15k▼ 39.0%€36k▲ 132%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 126% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €97k
Fixed assets
€21k▼ 28.3%
Current assets
€75k▲ 178%
Equity and liabilities €97k
Equity
€75k▲ 90.5%
Debt
€22k▲ 23.0%
The debt ratio falls from 30.8% to 22.3%: equity grows faster than debt.
Key figures and ratios
EBITDA
€54k▲
2024 · €28k
Cash flow
€44k▲
2024 · €24k
Solvency
77.7%▲
2024 · 69.2%
Current ratio
3.56▲
2024 · 1.55
Quick ratio
3.56▲
2024 · 1.55
Debt / equity
0.29▼
2024 · 0.44
ROE
47.5%▲
2024 · 39.0%
ROA
36.9%▲
2024 · 27.0%
Interest coverage
760.99▲
2024 · 269.36
Debt
€22k▲
2024 · €18k
Debt ≤ 1 year
€21k▲
2024 · €18k
Income taxes
€9k▲
2024 · €4k
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€57k€97k▲
Fixed assets21/28€30k€21k▼
Tangible fixed assets22/27€30k€21k▼
Furniture and vehicles24€30k€21k▼
Current assets29/58€27k€75k▲
Amounts receivable within one year40/41€14k€74k▲
Trade receivables40€14k€17k▲
Other amounts receivable41-€58k
Cash at bank and in hand54/58€13k€254▼
Deferred charges and accrued income490/1€0€476▲
Equity and liabilities
Total equity and liabilities10/49€57k€97k▲
Equity10/15€39k€75k▲
Contributions10/11€500€500=
Reserves13€38k€75k▲
Distributable reserves133€38k€75k▲
Profit (loss) carried forward14€880€11▼
Amounts payable17/49€18k€22k▲
Amounts payable within one year42/48€18k€21k▲
Financial debts43€6k€0▼
Other loans439€6k€0▼
Trade debts44€385€660▲
Suppliers440/4€385€660▲
Taxes, remuneration and social security45€10k€20k▲
Taxes450/3€10k€20k▲
Other amounts payable47/48€915€0▼
Accrued charges and deferred income492/3-€400
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=
Other operating charges640/8€699€277▼
Gross operating margin9900€29k€54k▲
Operating profit (loss)9901€20k€45k▲
Financial charges65/66B€106€70▼
Recurring financial charges65€106€70▼
Profit (loss) for the period before taxes9903€20k€45k▲
Income taxes67/77€4k€9k▲
Profit (loss) for the period9904€15k€36k▲
Profit (loss) for the period to be appropriated9905€15k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€37k▲
Profit (loss) brought forward from the previous period14P€345€880▲
Transfer to equity691/2€14k€37k▲
To other reserves6921€14k€37k▲
Profit to be distributed694/7€833€0▼
Return on contributions (dividend)694€833€0▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €36k ▲132%
Operating result €45k, net result €36k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.56
Current ratio from 1.55 to 3.56.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €15k ▼39%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 1.55
Current ratio from 0.67 to 1.55; short-term debt falls from €40k to €18k.
02-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Gent · 1 establishment unit since 2023
Ground area
282 m²
Building footprint
282 m²
Volume, LiDAR
4,625 m³
Parcel 44809I0826/00P000, Flanders · tallest building 19.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Mitech
since 20232.346.284.401
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0826/00P000 | Flanders | 282 m² | 1 · 282 m² | 19.3 m · 6 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.
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FREDERIC CLOSON INFORMATIQUE
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ITWARE
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Of 3,203 companies in sector 62900 we hold annual accounts for 1,735. 1,397 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-05-2023
Fiscal year end31-12
Activities, NACEBEL
62900Other information technology and computer services
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.