MITHUS
ActiveMITHUS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4k and a net result of €-4k. Equity is growing by ~55.2% per year across the filed fiscal years. Its solvency ranks better than 26% of 19345 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency11▼-2
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.82 against 0.8 in 2023), and 94.9% 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
5.1%
Return on assets
-5.3%
Age of the figures
20 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€4k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-07-2025, 19 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
19 d early
2023
26 d early
2022
5 d early
2021
31 d late
2020
31 d late
2019
1 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€4k▼ 51.3%
2023 · €8k
2018: €-36k
2019: €-29k
2020: €-24k
2021: €-128
2022: €13k
2023: €8k
2018 → 2024
Total assets
€79k▼ 8.8%
2023 · €87k
2018: €24k
2019: €32k
2020: €58k
2021: €86k
2022: €95k
2023: €87k
2018 → 2024
Net result
€-4k▲ 2.6%
2023 · €-4k
2018: €2k
2019: €6k
2020: €6k
2021: €24k
2022: €13k
2023: €-4k
2018 → 2024
Working capital
€-12k▲ 11.2%
2023 · €-14k
2018: €-36k
2019: €-31k
2020: €-35k
2021: €-22k
2022: €-16k
2023: €-14k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-24k-€-128▲ 99.5%€13k€8k▼ 34.5%€4k▼ 51.3%
Operating result€6k-€24k▲ 308%€14k▼ 41.0%€-4k€-4k▲ 2.8%
Net result€6k-€24k▲ 324%€13k▼ 46.2%€-4k€-4k▲ 2.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2024 against €4k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €79k
Fixed assets
€21k▼ 33.9%
Current assets
€58k▲ 5.8%
Equity and liabilities €79k
Equity
€4k▼ 51.3%
Debt
€75k▼ 4.4%
The debt ratio rises from 90.5% to 94.9%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€7k▼
2023 · €7k
Cash flow
€7k▼
2023 · €7k
Solvency
5.1%▼
2023 · 9.5%
Current ratio
0.82▲
2023 · 0.80
Quick ratio
0.79▲
2023 · 0.76
Debt / equity
18.73▲
2023 · 9.54
ROE
-105.1%▼
2023 · -52.6%
ROA
-5.3%▼
2023 · -5.0%
Interest coverage
32.94▲
2023 · 27.84
Debt
€75k▼
2023 · €79k
Debt ≤ 1 year
€71k▲
2023 · €69k
Debt > 1 year
€5k▼
2023 · €10k
Income taxes
€168▲
2023 · €165
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€87k€79k▼
Fixed assets21/28€32k€21k▼
Tangible fixed assets22/27€32k€21k▼
Plant, machinery and equipment23€475€264▼
Furniture and vehicles24€32k€21k▼
Current assets29/58€55k€58k▲
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€40€292▲
Trade receivables40€40€292▲
Current investments50/53-€5k
Cash at bank and in hand54/58€50k€48k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€87k€79k▼
Equity10/15€8k€4k▼
Contributions10/11€20k€20k=
Reserves13€304€304=
Tax-exempt reserves132€184€184=
Distributable reserves133€120€120=
Profit (loss) carried forward14€-12k€-16k▼
Amounts payable17/49€79k€75k▼
Amounts payable after more than one year17€10k€5k▼
Financial debts170/4€10k€5k▼
Amounts payable within one year42/48€69k€71k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Financial debts43-€4
Credit institutions430/8-€4
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€1k€1k▲
Taxes450/3€1k€1k▲
Other amounts payable47/48€61k€62k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€11k▼
Other operating charges640/8€850€1k▲
Gross operating margin9900€8k€8k▼
Operating profit (loss)9901€-4k€-4k▲
Financial income75/76B€176€117▼
Recurring financial income75€176€117▼
Financial charges65/66B€268€209▼
Recurring financial charges65€268€209▼
Profit (loss) for the period before taxes9903€-4k€-4k▲
Income taxes67/77€165€168▲
Profit (loss) for the period9904€-4k€-4k▲
Profit (loss) for the period to be appropriated9905€-4k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-12k€-16k▼
Profit (loss) brought forward from the previous period14P€-8k€-12k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-4k ▼134%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €24k ▲324%
Operating result €24k, net result €24k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Kortrijk · 1 establishment unit since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bruyningstraat(Kor) 258500 KortrijkGround area
676 m²
Building footprint
139 m²
Volume, LiDAR
1,115 m³
Parcel 34022E0245/00L013, Flanders · tallest building 12.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Mithus Home; Mithus Deco; Mithus Reno
since 20052.147.921.280
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0245/00L013 | Flanders | 676 m² | 1 · 139 m² | 12.8 m · 3 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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Of 11,702 companies in sector 68310 we hold annual accounts for 6,876. 1,775 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-07-2005
Fiscal year end31-12
Trade name NL
Mithus Home; Mithus Deco; Mithus Reno
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
47789Other retail sale of new goods
47890Retail trade
52623
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.