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Mitlee

Active Private limited companyfounded 2023active for 2 yearsHoogleedsesteenweg 321, 8800 RoeselareKBO/BCE: BE 1002.939.517

Overview

Lifetime

2 annual accounts with figures on one time axis
peak €139,428 (2024)
€103,986▼ 25.4%
peak €38,597 (2024)
€31,195▼ 19.2%
peak €74,792 (2025)
€74,792▲ 71.6%
€103,265▼ 8.6%
Board1 name since 2023
1 director
Documentsfilings and deeds
10-07-202621 days before the deadline
2025micro format
Gross margin from €139,428 to €103,986Equity from €43,597 to €74,792Cash from €18,592 to €38,438

Key points

from the 2025 annual accounts

Turnover

≈ €520,000 estimated

The micro format states no turnover.

Position in the sector

€103,986

Higher gross margin than 80% of companies in wholesale trade. Sector median €28,660 · 13,781 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as Mitlee has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

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 39,278 companies, not a prediction for Mitlee. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 04-12-2023
  • 100 sharesdeed of 06-12-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1002939517
Incorporation Founding capital of €5,000, 100 shares · Founder: · Appointment: (statutory director) · published on 06-12-2023 · Gazette deed
First establishment Hoogleedsesteenweg 321, Roeselare
All 5 events

Comparable companies

same main activity, similar in size and age
Company
Mitlee Roeselare €178,057 €103,986 42.0% -
DIXINO Saint-Josse-ten-Noode €169,714 €130,727 61.6% -
Topdomotica Dendermonde €102,455 €61,266 90.7% -
Hohoba Leopoldsburg €363,333 €219,933 62.3% -
TRADEXPORT Braine-l'Alleud €530,686 €111,643 13.6% -
FEELDS SYNTHETIC TURF Waregem €287,476 €81,476 -24.1% 1.6
IN-AS Sint-Niklaas €119,394 €20,521 0.2% -

These companies have the same main activity as Mitlee: non-specialised wholesale trade (NACE 46900). They are comparable in size and age: total assets between €102,000 and €531,000, founded between 2023 and 2025.

Official details

Source: KBO
Status
Active since 04-12-2023Normal situation
Activity
Non-specialised wholesale tradeNACE 46900and 3 others
Joint committee
314Hairdressing and beauty care · annual accounts 2025
Establishment unit
2.354.323.9198800 Roeselare, since 04-12-2023
Financial year end
31 December
Peppol
Reachable since 13-02-2024
Company details

Annual accounts 2025

€103,986▼ 25.4%
€31,195▼ 19.2%
€74,792▲ 71.6%
€178,057▲ 13.7%
Employeeson 31-12-2025
1=
Filing
Filed on 10-07-2026, 21 days before the end of the filing period
Financials

Insights on Mitlee

Mitlee has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74,792 and a net result of €31,195.

Its solvency ranks better than 51% of 13,807 sector peers (NACE 46, financial year 2025).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 10-07-2026, 21 days before the deadline
€103,986
▼ 25.4%
€49,524
▼ 16.4%
€31,195
▼ 19.2%
-€44,912
▲ €23,496
42.0%
▲ 14.2 percentage points
0.52
▲ 0.22

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €520,000. Estimated: probably between €250,000 and €960,000.

Balance sheet

balance sheet total €178,057 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

42.0%

Higher than 51% of 13,807 companies in 2025.

0.52

Higher than 13% of 13,189 companies in 2025.

17.5%

Higher than 81% of 13,367 companies in 2025.

Mitlee Middle half of the sector 80% of the sector Micro accounts in wholesale trade (NACE 46)

Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter

Staff

€38,726

Staff costs divided by the average number of full-time equivalents.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024
Balance sheet: assets
20/58 178,057156,586
21/28 129,380126,722
22/27 129,380126,722
22 95,24783,012
23 19,54225,829
24 14,59017,881
29/58 48,67729,864
3 9,2819,281
30/36 9,2819,281
40/41 9581,991
40 9581,991
54/58 38,43818,592
Balance sheet: equity and liabilities
10/49 178,057156,586
10/15 74,79243,597
10/11 5,0005,000
13 69,79238,597
133 69,79238,597
17/49 103,265112,990
17 8,16314,718
170/4 8,16314,718
42/48 93,58998,272
42 6,5546,171
44 18,7861,259
440/4 18,7861,259
45 49,30428,990
450/3 41,46726,158
454/9 7,8372,832
47/48 18,94461,852
492/3 1,513-
Income statement
9900 103,986139,428
62 38,72663,447
630 14,99915,054
640/8 7371,634
66A 085
9901 49,52459,208
75/76B 1144
75 1144
65/66B 2,7421,904
65 2,7421,904
9903 46,79357,348
67/77 15,59818,751
9904 31,19538,597
9905 31,19538,597
Appropriation of the result
9906 31,19538,597
691/2 31,19538,597
6921 31,19538,597
Social balance sheet
9087 11
Hours worked1013 1,5561,730
Document PDFPDF

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 10-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 10-07-2026 2026-00296453 PDF
31-12-2024 micro format 08-07-2025 2025-00250257 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024
64,52374,262
46,19553,651
17,657141,018
19,846-
-44,912-68,408
42.0%27.8%
0.520.30
0.420.21
1.382.59
41.7%88.5%
17.5%24.6%
23.5339.01

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.

Social balance sheet

Item31-12-202531-12-2024
Employees at the balance-sheet date11
full-time11
part-time00
in full-time equivalents11
1-
On a permanent contract11

Source: social balance sheet in the 2024 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024
Tangible fixed assets€17,657€141,018
€14,999€15,054

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Insights on Mitlee

The operating result for 2025 is 16% lower than in 2024.

Debt's share of the balance-sheet total falls from 72.2% to 58.0%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, since incorporation
Statutory director
since 04-12-2023 term without a fixed end
listed in the 2025 annual accounts, filed on 10-07-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Statutory director
Board
Mandates as a list
    • Statutory director, from 04-12-2023 to date

See the board, name and registered office on a given date →

Control

Founder
This company
Mitlee
Equity €74,792
Profit €31,195 in 2025

Capital

Contribution
€5,000
Shares
100
Contribution per share
€50
Equity per share
€748 in 2025
Source
deed of 06-12-2023

Articles of association

deed of 06-12-2023 (in Dutch)
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.
“Handelingen die wet of statuten aan algemene vergadering voorbehouden, iedere bestuurder alleen optredend mag alle handelingen stellen nodig…”
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Algemene vergadering bepaalt wijze overeenkomstig wettelijke bepalingen, ontbinding en sluiting in één akte mogelijk indien aan wettelijke…”

Shareholders

At incorporation deed of 06-12-2023 ↗
  • 100 shares (100%) · €5,000

Network & group

No group

Mitlee has no parent and no holdings in its annual accounts. is the only director. Mitlee shares no director with another company.

At the same address

Hoogleedsesteenweg 321, 8800 Roeselare · 1 other company
LeeMit
registered office since 16-03-2023 · founded in 2023
total assets €95,947 (2025)
0799.615.936

Timeline

Timeline

5 events since 2023

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 21 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 23 days before the deadline
2024
Registered in the Peppol Directory Reachable for e-invoices through 0208:1002939517
2023
IncorporationFounding capital of €5,000, 100 shares · Founder: · Appointment: (statutory director) · published on 06-12-20235 points ▸
  • Founder,
  • Founding capital, €5,000, 100 shares
  • Director appointment, (statutory director), mentioned twice in the deed
  • Registered office clause, Hoogleedsesteenweg 321, 8800 Roeselare
  • holds all the shares
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

First establishment Hoogleedsesteenweg 321, Roeselare

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

Mitlee was incorporated on 4 December 2023 as a private limited company by one natural person, with a starting capital of €5,000.12 Since 2023, has served as statutory director.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 06-12-2023
  3. 3National Bank, annual accounts 2025

Company details

Identity

Enterprise number
1002.939.517
VAT number
BE 1002.939.517
Peppol ID
0208:1002939517
Other Peppol ID
9925:BE1002939517
Legal form
Private limited company
Status
Active, normal situation
Founded
04-12-2023
Financial year
ends on 31 December
Peppol
Reachable since 13-02-2024Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
Mitlee in Dutch
Trade name
Schoonheidssalon Jolien Ciers in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 06-12-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 06-12-2023 (in Dutch)

Activities

NACEBEL 2025
Joint committees annual accounts 2025
JC 314 Hairdressing and beauty care
Codes under NACEBEL 2008
46900 Non-specialised wholesale trade main activity
47750 Retail trade
85599 Other education
96022 Beauty treatment
PurposeThe purpose describes the activities the company may carry out under its articles.
“De aan- en verkoop,de groot- en kleinhandel,de in- en uitvoer,het vervoer,de opslag,de distributie van allerhande non-food artikelen,daarbij…”
8 activities
  1. De aan- en verkoop,de groot- en kleinhandel,de in- en uitvoer,het vervoer,de opslag,de distributie van allerhande non-food artikelen,daarbij begrepen alle producten,toebehoren,apparaten,toestellen,meubelen inbegrepen,en onderdelen voor medische,paramedische,cosmetische of esthetische doeleinden;
  2. Het uitvoeren van alle activiteiten van een schoonheidssalon in de ruimste zin van het woord,omvattende onder meer doch zonder hiertoe beperkt te zijn: het uitvoeren van gezichts- en huidverzorgingen,epilaties,manicures,pedicures en overige gespecialiseerde lichaamsverzorgingen,het aanbrengen van make-up,inclusief permanente make-up,laserontharingen;
  3. Het verstrekken van adviezen,informatie en opleiding en workshops in verband met de bovenvermelde activiteiten op alle mogelijke manieren;
  4. De aan- en verkoop,het huren en verhuren van gebouwen en materieel,het ter beschikking stellen aan collega’s die in het kader van de vennootschap werken en alles wat noodzakelijk is voor de verwezenlijking van haar voorwerp;
  5. Deelnemen aan alle ondernemingen die een gelijkaardig voorwerp nastreven;
  6. Het beleggen en investeren van middelen van de vennootschap,zoals onder andere de aankoop,de verhuring en oprichting van gebouwen,zelfs gefinancierd door leningen,en dit als bijkomstig voorwerp.
  7. Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen; alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop,het beheren van aandelen,aandelenopties,obligaties,kasbons,afgeleide producten of andere roerende waarden,van welke vorm ook,uitgegeven door Belgische of buitenlandse emittenten.
  8. Het toestaan van leningen en kredietopening aan rechtspersonen en ondernemingen of particulieren,in eender welke vorm; het zich borg stellen of aval verlenen,ten voordele van vennootschappen of particulieren in de meeste ruime zin; alle handelsoperaties en financiële operaties verrichten,behalve deze die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen hypotheekmaatschappijen en kapitalisatieondernemingen.
deed of 06-12-2023 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Hoogleedsesteenweg 321 registered office 8800 Roeselare 04-12-2023 2.354.323.919

Buildings and parcels at the address

Ground area
1,028 m²
Buildings
191 m²
Volume, LiDAR
35 m³
Tallest building
6.8 m
Buildings to scale, each on its own parcel
191 m², 6.8 m 191 m², 6.8 m

Location

registered office establishment The establishment unit on the map
2 companies at this address See who is registered here

Parcels

Cadastral parcelArea Buildings Height / floors
36504D0236/00E0021,028 m² 1 · 191 m² 6.8 m