The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as MiTiBel has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
Micro
under 2 years old
solvency 30% or more
a profit of 5% of the balance sheet or more
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the 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%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 11,279 companies, not a prediction for MiTiBel. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1017204257
Incorporation
Founders: Name after signing inVisible after signing in and Name hiddenVisible after signing in · 100 shares · Appointment: Hidden nameVisible after signing in (director) · published on 13-12-2024 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as MiTiBel: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €51,700 and €56,800, founded between 2024 and 2025.
MiTiBel has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €44,518 and a net result of €19,518.
Its solvency ranks better than 62% of 1,562 sector peers (NACE 70, financial year 2026).
micro format, filed on 11-09-2026, 50 days before the deadline
Abbreviated and micro format
Small companies may file abbreviated or micro-format accounts. They often leave out revenue and other detail. The law allows it, so it is not missing data.
A company files its annual accounts with the National Bank no later than seven months after its financial year ends. Repeated late filing is a warning sign.
per financial year, computed from the annual accounts
Line
Trend
2026
44,518
71.3%
3.49
0.40
43.8%
31.3%
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on MiTiBel
Debt's share of the balance-sheet total is 28.7%.
Board & ownership
Board
Directors
Many board changes in a short time are a reason to keep a close eye on the company.
1 director, since incorporation
Name hiddenVisible after signing in
Director (not named in the articles)
appointed by deed of 13-12-2024term without a fixed end
Each bar is one period in a role, from appointment to resignation or to today. An open left edge means the mandate began before its first mention. An open right edge means the mandate ended without a stated end date.
1 name, the dashed line is today
20242025202620272028
Hidden nameVisible after signing in Director (not named in the articles)
Board
Mandates as a list
Name after signing inVisible after signing in
Director (not named in the articles), appointed by deed of 13-12-2024, still in office
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Voor de helft ten laste van de overdrager en voor de andere helft ten laste van de koper(s), naar evenredigheid met verworven aantal bij…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Monday of August at 19:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
Name hiddenVisible after signing in50 shares (50%) · €12,500
Hidden nameVisible after signing in50 shares (50%) · €12,500
Network & group
No group
MiTiBel has no parent and no holdings in its annual accounts. Name after signing inVisible after signing in is the only director. MiTiBel shares no director with another company.
Timeline
Timeline
4 events since 2024
Filings
Establishments
202420252026
2026
Annual accounts 2026 filedNBB ↗micro format · 50 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1017204257
2024
IncorporationFounders: Name after signing inVisible after signing in and Name hiddenVisible after signing in · 100 shares · Appointment: Hidden nameVisible after signing in (director) · published on 13-12-20246 points ▸
Founder, Name after signing inVisible after signing in
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
74909Other professional, scientific and technical activities
82990Other business support services
85599Other education
PurposeThe purpose describes the activities the company may carry out under its articles.
“Het uitvoeren van kwaliteits-, veiligheids- en milieuaudits volgens internationale normen, waaronder, maar niet beperkt tot, ISO 9001…”
3 activities
Het uitvoeren van kwaliteits-, veiligheids- en milieuaudits volgens internationale normen, waaronder, maar niet beperkt tot, ISO 9001 (kwaliteitsmanagement), ISO 14001 (milieumanagement), ISO 45001 (veiligheid en gezondheid op het werk), IATF 16949 (kwaliteit in de automobielindustrie), ISO 27001 en andere relevante ISO-normen die van toepassing zijn op specifieke sectoren of processen
Verleent MiTiBel BV consultancy- en adviesdiensten gericht op procesoptimalisatie, naleving van regelgeving en duurzaamheidsstrategieën, inclusief trainingen en workshops die bedrijven ondersteunen bij het behalen en behouden van deze certificeringen
MiTiBel BV werkt binnen uiteenlopende sectoren zoals productie, logistiek, chemie, bouw, de medische sector en andere industrieën, waarbij de focus ligt op het verbeteren van operationele processen, compliance en risicobeheersing ten behoeve van de efficiëntie en duurzaamheid van de bedrijfsvoering