MITERA
ActiveSummary
MITERA has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €479,645 and a net result of €121,711. Equity is growing by ~17.4% per year across the filed fiscal years. Its solvency ranks better than 38% of 8085 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▲+4
Solvency58▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.23 in 2024; short-term debt: 46.4% and cash: 15.4% of total assets), and 66.8% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
33.2%
Return on assets
8.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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 dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
29 d late
2023
29 d late
2022
30 d late
2021
31 d late
2020
24 d late
2019
28 d late
← 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 28 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€479,645▲ 34.0%
2024 · €357,935
Total assets
€1.4m▼ 6.1%
2024 · €1.5m
Net result
€121,711▲ 58.7%
2024 · €76,692
Working capital
€302,675▲ 59.8%
2024 · €189,433
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€105,074▼ 24.5%€13,302▼ 87.3%€68,880▲ 418%€117,336▲ 70.3%€202,458▲ 72.5%
Net result€70,058▼ 24.1%€3,652▼ 94.8%€43,284▲ 1,085%€76,692▲ 77.2%€121,711▲ 58.7%
Equity€280,340▲ 33.3%€283,992▲ 1.3%€323,028▲ 13.7%€357,935▲ 10.8%€479,645▲ 34.0%
Total assets€838,232▲ 27.5%€847,451▲ 1.1%€792,975▼ 6.4%€1.5m▲ 94.3%€1.4m▼ 6.1%
Debt€557,892▲ 24.8%€563,459▲ 1.0%€469,946▼ 16.6%€1.2m▲ 152%€966,552▼ 18.3%
Working capital€258,835▲ 29.9%€245,237▼ 5.3%€287,080▲ 17.1%€189,433▼ 34.0%€302,675▲ 59.8%
Staff (FTE)2.2▲ 100%2.2=2▼ 9.1%2=2.7▲ 35.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2024 Total assets +94% on 2023. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 73% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€472,156 ▼ 7.3%
Current assets
€974,042 ▼ 5.5%
Equity and liabilities €1.4m
Equity
€479,645 ▲ 34.0%
Debt
€966,552 ▼ 18.3%
Debt's share of the balance-sheet total falls from 76.8% to 66.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€259,610▲
2024 · €153,103
Cash flow
€178,863▲
2024 · €112,459
Current ratio
1.45▲
2024 · 1.23
Quick ratio
1.44▲
2024 · 1.22
Debt to equity
2.02▼
2024 · 3.30
ROE
25.4%▲
2024 · 21.4%
ROA
8.4%▲
2024 · 5.0%
Interest coverage
15.37▼
2024 · 50.52
Debt ≤ 1 year
€671,367▼
2024 · €841,684
Debt > 1 year
€293,577▼
2024 · €339,439
Income taxes
€63,860▲
2024 · €39,047
Staff costs
€249,155▲
2024 · €194,687
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,672 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,387 | - | €9,214 | - |
| Remuneration, social security and pensions62 | €117,443 | €169,384 | €189,426 | €194,687 | €249,155 | ▲ 28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39,276 | €42,507 | €38,308 | €35,767 | €57,152 | ▲ 59.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €10,349 | - | - | - | - | - |
| Other operating charges640/8 | €683 | €1,260 | €1,086 | €2,506 | €2,385 | ▼ 4.8% |
| Non-recurring operating charges66A | - | - | - | €57,104 | - | - |
| Gross operating margin9900 | €272,824 | €226,453 | €297,700 | €407,400 | €511,151 | ▲ 25.5% |
| Operating profit (loss)9901 | €105,074 | €13,302 | €68,880 | €117,336 | €202,458 | ▲ 72.5% |
| Financial income75/76B | €382 | €2,955 | - | €3,692 | - | - |
| Recurring financial income75 | €382 | €2,955 | - | €3,692 | - | - |
| Financial charges65/66B | €4,203 | €3,202 | €1,599 | €5,290 | €16,887 | ▲ 219% |
| Recurring financial charges65 | €4,203 | €3,202 | €1,599 | €3,030 | €16,887 | ▲ 457% |
| Non-recurring financial charges66B | - | - | - | €2,260 | - | - |
| Profit (loss) for the period before taxes9903 | €101,253 | €13,056 | €67,281 | €115,738 | €185,571 | ▲ 60.3% |
| Income taxes67/77 | €31,195 | €9,405 | €23,997 | €39,047 | €63,860 | ▲ 63.5% |
| Profit (loss) for the period9904 | €70,058 | €3,652 | €43,284 | €76,692 | €121,711 | ▲ 58.7% |
| Profit (loss) for the period to be appropriated9905 | €70,058 | €3,652 | €43,284 | €76,692 | €121,711 | ▲ 58.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €838,232 | €847,451 | €792,975 | €1.5m | €1.4m | ▼ 6.1% |
| Fixed assets21/28 | €130,055 | €90,067 | €55,548 | €509,548 | €472,156 | ▼ 7.3% |
| Tangible fixed assets22/27 | €129,825 | €89,837 | €55,318 | €509,318 | €471,926 | ▼ 7.3% |
| Land and buildings22 | €5,089 | €2,545 | - | €388,238 | €378,032 | ▼ 2.6% |
| Plant, machinery and equipment23 | €3,906 | €3,865 | €3,991 | €5,968 | €11,735 | ▲ 96.6% |
| Furniture and vehicles24 | €1,695 | €968 | €1,401 | €18,369 | €16,028 | ▼ 12.7% |
| Leasing and similar rights25 | €119,135 | €82,458 | €49,926 | €96,744 | €66,130 | ▼ 31.6% |
| Financial fixed assets28 | €230 | €230 | €230 | €230 | €230 | = |
| Current assets29/58 | €708,177 | €757,384 | €737,426 | €1.0m | €974,042 | ▼ 5.5% |
| Stocks and contracts in progress3 | €5,005 | €5,005 | €5,005 | €5,005 | €5,005 | = |
| Stocks30/36 | €5,005 | €5,005 | €5,005 | €5,005 | €5,005 | = |
| Amounts receivable within one year40/41 | €440,313 | €530,060 | €511,335 | €914,673 | €746,999 | ▼ 18.3% |
| Trade receivables40 | €437,725 | €529,779 | €507,782 | €898,744 | €711,357 | ▼ 20.8% |
| Other amounts receivable41 | €2,588 | €281 | €3,554 | €15,929 | €35,642 | ▲ 124% |
| Current investments50/53 | - | - | €100,000 | - | - | - |
| Cash at bank and in hand54/58 | €261,363 | €220,149 | €118,812 | €108,132 | €222,038 | ▲ 105% |
| Deferred charges and accrued income490/1 | €1,496 | €2,170 | €2,274 | €3,307 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €838,232 | €847,451 | €792,975 | €1.5m | €1.4m | ▼ 6.1% |
| Equity10/15 | €280,340 | €283,992 | €323,028 | €357,935 | €479,645 | ▲ 34.0% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €274,140 | €277,792 | €316,828 | €351,735 | €473,445 | ▲ 34.6% |
| Non-distributable reserves130/1 | €1,860 | - | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | - | - | - | - | - |
| Distributable reserves133 | €272,280 | €277,792 | €316,828 | €351,735 | €473,445 | ▲ 34.6% |
| Amounts payable17/49 | €557,892 | €563,459 | €469,946 | €1.2m | €966,552 | ▼ 18.3% |
| Amounts payable after more than one year17 | €108,550 | €51,312 | €19,600 | €339,439 | €293,577 | ▼ 13.5% |
| Financial debts170/4 | €108,550 | €51,312 | €19,600 | €339,439 | €293,577 | ▼ 13.5% |
| Amounts payable within one year42/48 | €449,342 | €512,147 | €450,346 | €841,684 | €671,367 | ▼ 20.2% |
| Current portion of amounts payable after more than one year42 | €38,103 | €35,759 | €31,151 | €56,643 | €45,862 | ▼ 19.0% |
| Trade debts44 | €344,443 | €424,683 | €345,590 | €643,559 | €517,628 | ▼ 19.6% |
| Suppliers440/4 | €344,443 | €424,683 | €345,590 | €643,559 | €517,628 | ▼ 19.6% |
| Taxes, remuneration and social security45 | €66,796 | €49,370 | €73,604 | €99,697 | €107,877 | ▲ 8.2% |
| Taxes450/3 | €49,589 | €19,567 | €39,867 | €57,501 | €67,782 | ▲ 17.9% |
| Remuneration and social security454/9 | €17,207 | €29,802 | €33,737 | €42,196 | €40,094 | ▼ 5.0% |
| Other amounts payable47/48 | - | €2,335 | - | €41,785 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €1,608 | €1,608 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €70,058 | €3,652 | €43,284 | €76,692 | €121,711 | ▲ 58.7% |
| + Depreciation and write-downs630 | €39,276 | €42,507 | €38,308 | €35,767 | €57,152 | ▲ 59.8% |
| Operating cash flow (approximation) | €109,334 | €46,158 | €81,592 | €112,459 | €178,863 | ▲ 59.0% |
| Investment in fixed assets (approximation) | - | -€2,519 | -€3,789 | -€489,767 | -€19,759 | ▲ 96.0% |
| Change in cash | - | -€41,214 | -€101,337 | -€10,680 | €113,906 | ▲ 1,167% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
31-12
Financial
Highest result since 2018net €121,711 ▲58.7%
Operating result €202,458, net result €121,711, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €3,652 ▼94.8%
Net result drops to €3,652, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
2020
31-12
Financial
Equity above €200,000Eq €210,282 ▲78.3%
3 profitable years in a row build equity to €210,282.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
31-12
Financial
Equity above €100,000Eq €117,951 ▲29.4%
2 profitable years in a row build equity to €117,951.
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are 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, Sint-Lievens-Houtem · 1 establishment unit since 2011
Ground area
1,974 m²
Building footprint
124 m²
Volume, LiDAR
952 m³
Parcel 41036A0166/00G000, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Mitera BVBA
since 20112.202.049.656
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41036A0166/00G000 | Flanders | 1,974 m² | 1 · 124 m² | 10.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Lievens-Houtem2.202.049.656
Legal Entity Identifier
967600PY23BVDXWOWA51
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Of 757 companies in sector 46321 we hold annual accounts for 552. 420 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded16-06-2011
Fiscal year end31-12
Activities, NACEBEL 2025
46321Wholesale of meat and meat products, excluding game and poultry
46332Wholesale trade
46391Wholesale trade
47222Retail trade
55203Holiday cottages, homes and apartments
E-invoicing
Reachable via Peppol
Peppol ID
0208:0837019928
Also
9925:BE0837019928
Registered
24-12-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.