MITFIN Consult
ActiveSummary
MITFIN Consult has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €165,526 and a net result of €99,299. Equity is growing by ~39.5% per year across the filed fiscal years. Its solvency ranks better than 43% of 9525 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability57▲+24
Solvency68▲+26
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.74 against 0.41 in 2023; short-term debt: 27.1% and cash: 1.3% of total assets), and 57.2% 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
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-12-2025, 151 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
151 d late
2023
61 d late
2022
8 d late
2021
64 d late
2020
31 d late
2019
5 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 53 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€165,526▲ 150%
2023 · €66,227
Total assets
€386,925▼ 0.6%
2023 · €389,453
Net result
€99,299▲ 21,255%
2023 · €465
Working capital
-€26,820▲ 75.7%
2023 · -€110,313
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€7,117▼ 69.5%€2,627▼ 63.1%€12,305▲ 368%€9,263▼ 24.7%€12,552▲ 35.5%
Net result€2,538within the sector's middle half▼ 84.6%€964within the sector's middle half▼ 62.0%€7,580within the sector's middle half▲ 686%€465within the sector's middle half▼ 93.9%€99,299above the sector's middle half▲ 21,255%
Equity€24,418within the sector's middle half▲ 7.7%€36,982within the sector's middle half▲ 51.5%€43,762within the sector's middle half▲ 18.3%€66,227within the sector's middle half▲ 51.3%€165,526above the sector's middle half▲ 150%
Total assets€89,585within the sector's middle half▲ 25.7%€81,188within the sector's middle half▼ 9.4%€86,710within the sector's middle half▲ 6.8%€389,453above the sector's middle half▲ 349%€386,925above the sector's middle half▼ 0.6%
Debt€65,167▲ 34.1%€44,206▼ 32.2%€42,948▼ 2.8%€323,226▲ 653%€219,399▼ 32.1%
Working capital€16,410within the sector's middle half▼ 3.6%€34,960within the sector's middle half▲ 113%€17,636within the sector's middle half▼ 49.6%-€110,313below the sector's middle half-€26,820below the sector's middle half▲ 75.7%
Solvency27.3%within the sector's middle half▼ 4.6pp45.6%within the sector's middle half▲ 18.3pp50.5%within the sector's middle half▲ 4.9pp17.0%below the sector's middle half▼ 33.5pp42.8%within the sector's middle half▲ 25.8pp
Current ratio1.34within the sector's middle half▼ 0.461.94within the sector's middle half▲ 0.601.45within the sector's middle half▼ 0.500.41below the sector's middle half▼ 1.030.74below the sector's middle half▲ 0.33
Return on assets (ROA)2.8%within the sector's middle half▼ 20.3pp1.2%within the sector's middle half▼ 1.6pp8.7%within the sector's middle half▲ 7.6pp0.1%below the sector's middle half▼ 8.6pp25.7%within the sector's middle half▲ 25.5pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
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 2024; 2024 is 36% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €386,925
Fixed assets
€308,935 ▼ 0.9%
Current assets
€77,990 ▲ 0.3%
Equity and liabilities €386,925
Equity
€165,526 ▲ 150%
Provisions
€2,000
Debt
€219,399 ▼ 32.1%
Debt's share of the balance-sheet total falls from 83.0% to 56.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15,275▲
2023 · €12,158
Cash flow
€102,022▲
2023 · €3,360
Debt to equity
1.33▼
2023 · 4.88
ROE
60.0%▲
2023 · 0.7%
Interest coverage
0.81▼
2023 · 1.67
Debt ≤ 1 year
€104,810▼
2023 · €188,108
Debt > 1 year
€108,449▼
2023 · €131,206
Income taxes
€1,067▼
2023 · €1,621
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,912 | €1,244 | €2,035 | €2,895 | €2,723 | ▼ 5.9% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €2,000 | - |
| Other operating charges640/8 | - | €2,301 | €947 | €1,310 | €1,184 | ▼ 9.6% |
| Gross operating margin9900 | €19,260 | €6,172 | €15,287 | €13,468 | €18,459 | ▲ 37.1% |
| Operating profit (loss)9901 | €7,117 | €2,627 | €12,305 | €9,263 | €12,552 | ▲ 35.5% |
| Financial income75/76B | - | €948 | €687 | €93 | €106,738 | ▲ 114,672% |
| Recurring financial income75 | €584 | €948 | €687 | €93 | €106,738 | ▲ 114,672% |
| Financial charges65/66B | - | €1,611 | €1,588 | €7,270 | €18,924 | ▲ 160% |
| Recurring financial charges65 | €1,561 | €1,611 | €1,588 | €7,270 | €18,924 | ▲ 160% |
| Profit (loss) for the period before taxes9903 | €6,140 | €1,964 | €11,404 | €2,086 | €100,366 | ▲ 4,711% |
| Income taxes67/77 | €3,602 | €1,000 | €3,824 | €1,621 | €1,067 | ▼ 34.2% |
| Profit (loss) for the period9904 | €2,538 | €964 | €7,580 | €465 | €99,299 | ▲ 21,255% |
| Profit (loss) for the period to be appropriated9905 | €2,538 | €964 | €7,580 | €465 | €99,299 | ▲ 21,255% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €89,585 | €81,188 | €86,710 | €389,453 | €386,925 | ▼ 0.6% |
| Fixed assets21/28 | €24,478 | €9,088 | €29,553 | €311,658 | €308,935 | ▼ 0.9% |
| Intangible fixed assets21 | - | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €24,478 | €9,088 | €29,553 | €26,658 | €23,935 | ▼ 10.2% |
| Land and buildings22 | - | - | €21,875 | €20,375 | €18,875 | ▼ 7.4% |
| Furniture and vehicles24 | - | €358 | €171 | - | - | - |
| Other tangible fixed assets26 | - | €8,730 | €7,507 | €6,283 | €5,060 | ▼ 19.5% |
| Financial fixed assets28 | - | - | - | €285,000 | €285,000 | = |
| Current assets29/58 | €65,107 | €72,100 | €57,157 | €77,795 | €77,990 | ▲ 0.3% |
| Amounts receivable after more than one year29 | - | €36,500 | €26,450 | €30,390 | €30,390 | = |
| Other amounts receivable291 | - | €36,500 | €26,450 | €30,390 | €30,390 | = |
| Amounts receivable within one year40/41 | €5,525 | €7,448 | €27,578 | €39,732 | €42,600 | ▲ 7.2% |
| Trade receivables40 | - | €7,435 | €27,464 | €39,546 | €42,383 | ▲ 7.2% |
| Other amounts receivable41 | - | €13 | €114 | €186 | €217 | ▲ 16.7% |
| Current investments50/53 | - | - | €264 | - | - | - |
| Cash at bank and in hand54/58 | €30,079 | €23,965 | - | €6,130 | €5,000 | ▼ 18.4% |
| Deferred charges and accrued income490/1 | - | €4,187 | €2,865 | €1,543 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €89,585 | €81,188 | €86,710 | €389,453 | €386,925 | ▼ 0.6% |
| Equity10/15 | €24,418 | €36,982 | €43,762 | €66,227 | €165,526 | ▲ 150% |
| Contributions10/11 | - | €18,600 | €18,600 | €40,600 | €40,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €16,358 | €16,522 | €23,302 | €23,767 | €123,066 | ▲ 418% |
| Provisions and deferred taxes16 | - | - | - | - | €2,000 | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €2,000 | - |
| Other liabilities and charges164/5 | - | - | - | - | €2,000 | - |
| Amounts payable17/49 | €65,167 | €44,206 | €42,948 | €323,226 | €219,399 | ▼ 32.1% |
| Amounts payable after more than one year17 | €15,975 | €4,986 | - | €131,206 | €108,449 | ▼ 17.3% |
| Financial debts170/4 | - | €4,986 | - | €131,206 | €108,449 | ▼ 17.3% |
| Amounts payable within one year42/48 | €48,696 | €37,140 | €39,521 | €188,108 | €104,810 | ▼ 44.3% |
| Current portion of amounts payable after more than one year42 | - | €10,989 | €6,676 | €24,568 | €25,347 | ▲ 3.2% |
| Financial debts43 | - | - | - | €105,000 | €31,262 | ▼ 70.2% |
| Credit institutions430/8 | - | - | - | €105,000 | €31,262 | ▼ 70.2% |
| Trade debts44 | €10,810 | €10,308 | €12,970 | €20,025 | €27,516 | ▲ 37.4% |
| Suppliers440/4 | - | €10,308 | €12,970 | €20,025 | €27,516 | ▲ 37.4% |
| Taxes, remuneration and social security45 | - | €14,243 | €17,718 | €16,336 | €16,836 | ▲ 3.1% |
| Taxes450/3 | - | €14,243 | €17,718 | €16,336 | €16,836 | ▲ 3.1% |
| Other amounts payable47/48 | - | €1,600 | €2,157 | €22,179 | €3,849 | ▼ 82.6% |
| Accrued charges and deferred income492/3 | - | €2,080 | €3,427 | €3,912 | €6,140 | ▲ 57.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,538 | €964 | €7,580 | €465 | €99,299 | ▲ 21,255% |
| + Depreciation and write-downs630 | €8,912 | €1,244 | €2,035 | €2,895 | €2,723 | ▼ 5.9% |
| Operating cash flow (approximation) | €11,451 | €2,208 | €9,615 | €3,360 | €102,022 | ▲ 2,936% |
| Investment in fixed assets (approximation) | - | €14,146 | -€22,500 | -€285,000 | €0 | ▲ 100% |
| Change in cash | - | -€6,114 | - | - | -€1,130 | - |
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
2025
29-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 151 days late
2024
31-12
Financial
Highest result since 2019net €99,299 ▲21,255%
Net result €99,299, the highest in the series.
31-12
Financial
Equity above €150,000Eq €165,526 ▲150%
6 profitable years in a row build equity to €165,526.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €465 ▼93.9%
Net result drops to €465, the lowest in the series; recovery starts the following year.
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
03-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 64 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Mettet · 1 establishment unit since 2018
Ground area
1,200 m²
Building footprint
102 m²
Volume, LiDAR
519 m³
Parcel 93005C0280/00Y002, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MITFIN CONSULT
since 20182.318.168.950
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93005C0280/00Y002 | Wallonia | 1,200 m² | 1 · 102 m² | 7.1 m · 2 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.
Structure & network
Owners and holdings
1 holdingOwners 0
No owner stated in the accounts, acts or LEI register we read.
Holdings 1
- MANTECsubsidiarySourceaccounts MANTEC 2024100%
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,516 companies in sector 82990 we hold annual accounts for 9,420. 7,089 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
Founded03-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
82100Office administrative and support services
Contact
E-mail
mitfinconsult@hotmail.com
Phone
+32496691996
E-invoicing
Reachable via Peppol
Peppol ID
0208:0715406375
Registered
26-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.