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MITHMA

Active
Private limited companyfounded 2024active for 2 yearsLouis Domsstraat 10, 2320 Hoogstraten, BelgiumKBO/BCE: BE 1011.775.920

From the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of MITHMA is 5.3% (elevated). The annual accounts of MITHMA for financial year 2025 show a net loss of 75% of the equity at the start of that year. The 2025 annual accounts show equity of €525 and a net result of -€1,554. The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
28-07-2026
Format
micro format
Reference
2026-00341377
Equity
€525▼ 74.8%
2024 · €2,079
Total assets
€3,409▼ 4.8%
2024 · €3,579
Net result
-€1,554▲ 19.1%
2024 · -€1,921
Working capital
€525▼ 74.8%
2024 · €2,079
Trend over the years

2024 to 2025, 2 financial years

The operating result stays negative: a loss of €1,504 in 2025 against €1,895 in 2024; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€1,504 2025 Net result-€1,554 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€1,895--€1,504▲ 20.6%
Net result-€1,921--€1,554▲ 19.1%
Equity€2,079-€525▼ 74.8%
Total assets€3,579-€3,409▼ 4.8%
Debt€1,500-€2,884▲ 92.3%
Working capital€2,079-€525▼ 74.8%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €3,409
Equity €525 ▼ 74.8%
Debt €2,884 ▲ 92.3%
Debt's share of the balance-sheet total rises from 41.9% to 84.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€2,884▲
2024 · €1,500
Ratios withheld: a balance sheet total of €3,409 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,207 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 90.2% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a loss of 10% of the balance sheet or more
4.6% went bankrupt
4.6% stopped otherwise
90.2% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 5.3% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,207 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 23 lines

Source: Annual accounts 2025 at the NBB, filed with the National Bank on 28-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€3,579€3,409▼
Current assets29/58€3,579€3,409▼
Amounts receivable within one year40/41€3,500€3,350▼
Other amounts receivable41€3,500€3,350▼
Cash at bank and in hand54/58€79€59▼
Equity and liabilities
Total equity and liabilities10/49€3,579€3,409▼
Equity10/15€2,079€525▼
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14-€1,921-€3,475▼
Amounts payable17/49€1,500€2,884▲
Amounts payable within one year42/48€1,500€2,884▲
Trade debts44€1,500€2,884▲
Suppliers440/4€1,500€2,884▲
Income statement Code20242025
Other operating charges640/8€395€120▼
Gross operating margin9900-€1,500-€1,384▲
Operating profit (loss)9901-€1,895-€1,504▲
Financial charges65/66B€26€50▲
Recurring financial charges65€26€50▲
Profit (loss) for the period before taxes9903-€1,921-€1,554▲
Profit (loss) for the period9904-€1,921-€1,554▲
Profit (loss) for the period to be appropriated9905-€1,921-€1,554▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1,921-€3,475▼
Profit (loss) brought forward from the previous period14P--€1,921

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the accounts filed with the National Bank.

Line20242025Change
Other operating charges640/8€395€120▼ 69.6%
Gross operating margin9900-€1,500-€1,384▲ 7.7%
Operating profit (loss)9901-€1,895-€1,504▲ 20.6%
Financial charges65/66B€26€50▲ 90.5%
Recurring financial charges65€26€50▲ 90.5%
Profit (loss) for the period before taxes9903-€1,921-€1,554▲ 19.1%
Profit (loss) for the period9904-€1,921-€1,554▲ 19.1%
Profit (loss) for the period to be appropriated9905-€1,921-€1,554▲ 19.1%
Line20242025Change
Assets
Total assets20/58€3,579€3,409▼ 4.8%
Current assets29/58€3,579€3,409▼ 4.8%
Amounts receivable within one year40/41€3,500€3,350▼ 4.3%
Other amounts receivable41€3,500€3,350▼ 4.3%
Cash at bank and in hand54/58€79€59▼ 25.3%
Equity and liabilities
Total equity and liabilities10/49€3,579€3,409▼ 4.8%
Equity10/15€2,079€525▼ 74.8%
Contributions10/11€4,000€4,000=
Profit (loss) carried forward14-€1,921-€3,475▼ 80.9%
Amounts payable17/49€1,500€2,884▲ 92.3%
Amounts payable within one year42/48€1,500€2,884▲ 92.3%
Trade debts44€1,500€2,884▲ 92.3%
Suppliers440/4€1,500€2,884▲ 92.3%
Line20242025Change
Profit (loss) for the period9904-€1,921-€1,554▲ 19.1%
Operating cash flow (approximation)-€1,921-€1,554▲ 19.1%
Change in cash--€20-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 28-07-2026 2026-00341377 NBB
31-12-2024 micro format 25-08-2025 2025-00397372 NBB

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.