Equity
€331,922 from €576,186 in 2008
Equity fell by 42% in 17 years.
MITIMO
Lifetime
19 annual accounts with figures on one time axis, 21 filings since 2005peak €80,312 (2013)
€41,834▲ 17.0%
lowest -€32,241 (2017)
-€9,399▲ €914
peak €576,186 (2008)
€331,922▼ 2.8%
€388,475▲ 38.7%
Board6 names since 2015
2 directors and 1 other
Owners
37.27%
Documentsfilings and deeds
29-04-20261 day before the deadline
2025micro format
Gross margin from €35,768 to €41,834Loss of €9,3993 directors appointed, 1 resignation 28-03Debts from €280,026 to €388,475Investments €187,467
Key points
from the 2025 annual accountsLosses
-€58,658 in five years
Every financial year from 2021 to 2025 closed with a loss. 2022 was the heaviest.
Investments
€187,467 4.3 × depreciation
Green is investment, beige is depreciation. Land and buildings stand 33.2% higher than in 2024.
Liquidity
1.12 was 0.70 in 2024
Short-term debts fell from €269,216 to €128,489.
At the same address
20 companies
Position in the sector
-€9,399
Lower net result than 87% of companies in office administrative support. Sector median €15,201 · 10,252 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 8,613 companies had the same profile as MITIMO has now. Each dot stands for 22 companies, two years later.
94.1%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 8,613 companies, not a prediction for MITIMO. 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
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Signals
Board and ownership
Director, since 08-01-2021
Director, since 08-01-2021
- 37.27%score equity €150,714 (2025) · 2025 annual accounts of
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0866447649
3 directors appointed, 1 resignation
Resignation: · Appointments: , and · General meeting of 10-03-2025 · Gazette deed
3 directors appointed
, and · Permanent representative: · General meeting of 08-01-2021 · Gazette deed
3 directors reappointed
, and (managing director) · Permanent representative: · General meeting of 31-03-2015 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MITIMO Herstal | €720,397 | €41,834 | 46.1% | - |
| A & D GROUP Ninove | €786,868 | €45,934 | 38.3% | - |
| MATKAT Brasschaat | €744,088 | €43,348 | 51.0% | - |
| VCG VASTGOED Geel | €867,153 | €46,776 | 47.1% | - |
| LRP Bilzen-Hoeselt | €883,524 | €37,197 | 96.7% | - |
| VANDENBROUCKE-DECORTE Nieuwpoort | €559,733 | €41,948 | 47.4% | 0 |
| Service Mandate Aalst | €762,951 | €50,500 | 48.8% | - |
These companies have the same main activity as MITIMO: other business support services (NACE 82990). They are comparable in size and age: total assets between €560,000 and €884,000, founded between 2002 and 2007.
Official details
Source: KBO- Status
- Active since 19-07-2004Normal situation
- Registered office
- 21 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 12 November 2026.
- Activity
- Other business support servicesNACE 82990and 1 other
- Establishment unit
- 2.138.736.4694040 Herstal, since 19-07-2004
- Financial year end
- 30 September
- Peppol
- Reachable since 22-12-2025
Annual accounts to 30-09-2025
- ≈ €110,000estimated
- €720,397▲ 15.9%
- Filing
- Filed on 29-04-2026, 1 day before the end of the filing period
Insights on MITIMO
MITIMO files the micro format. That format states no turnover. The gross margin rose from €39,520 in 2007 to €41,834 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MITIMO
- What is the company number of MITIMO?
- The company number of MITIMO is 0866.447.649. The VAT number is the same number with BE in front: BE 0866.447.649.
- Where is MITIMO based?
- The registered office is at Rue Pierre Joseph Antoine 79, 4040 Herstal.Company details
- What does MITIMO do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of MITIMO?
- MITIMO is a public limited company (NV).
- When was MITIMO founded?
- MITIMO was founded on 19-07-2004.
- Is MITIMO still active?
- Yes, MITIMO is an active enterprise in the KBO register.
- What is the turnover of MITIMO?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €41,834 and 41 comparable companies (NACE 82990). It probably lies between €67,000 and €140,000.Financials
- Is MITIMO profitable?
- In financial year 2025, MITIMO made a loss of €9,399.
- Where can I find the annual accounts of MITIMO?
- MITIMO filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MITIMO due?
- MITIMO must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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