Mitopia
ActiveSummary
Mitopia has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103k and a net result of €99k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 25% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability99▲+8
Solvency50▲+11
Growth85=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 0.55 in 2024; short-term debt: 25.3% and cash: 19.9% of total assets), and 74.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.5%
Return on assets
24.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
9 d early
2024
1 d early
2023
22 d early
2022
6 d early
2021
34 d early
2020
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€125k▲ 22.2%
2020 · €102k
2020: €102k
2021: €125k▲ +22.2% vs 2020
2020 → 2021
EBIT margin
44.7%▲ 24.2pp
2020 · 20.5%
2020: 20.5%
2021: 44.7%▲ +118% vs 2020
2020 → 2021
Net result
€99k▲ 33.5%
2024 · €74k
2020: €15k
2021: €43k▲ +177% vs 2020
2022: €40k▼ -7.3% vs 2021
2023: €-5k▼ -112% vs 2022lowest in 6 years
2024: €74k▲ +1686% vs 2023
2025: €99k▲ +33.5% vs 2024highest in 6 years
2020 → 2025
Working capital
€12k
2024 · €-60k
2020: €20k
2021: €60k▲ +196% vs 2020
2022: €65k▲ +8.8% vs 2021highest in 6 years
2023: €57k▼ -11.6% vs 2022
2024: €-60k▼ -204% vs 2023lowest in 6 years
2025: €12k▲ +120% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€125k-
Equity€65k-€101k▲ 54.9%€94k▼ 6.3%€56k▼ 41.1%€103k▲ 86.0%
2021: €65k
2022: €101k▲ +54.9% vs 2021
2023: €94k▼ -6.3% vs 2022
2024: €56k▼ -41.1% vs 2023lowest in 5 years
2025: €103k▲ +86.0% vs 2024highest in 5 years
Operating result€56k-€53k▼ 5.0%€-2k€109k€142k▲ 30.2%
2021: €56k
2022: €53k▼ -5.0% vs 2021
2023: €-2k▼ -104% vs 2022lowest in 5 years
2024: €109k▲ +5926% vs 2023
2025: €142k▲ +30.2% vs 2024highest in 5 years
Net result€43k-€40k▼ 7.3%€-5k€74k€99k▲ 33.5%
2021: €43k
2022: €40k▼ -7.3% vs 2021
2023: €-5k▼ -112% vs 2022lowest in 5 years
2024: €74k▲ +1686% vs 2023
2025: €99k▲ +33.5% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 30% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €406k
Fixed assets
€291k ▼ 14.0%
Current assets
€115k ▲ 59.3%
Equity and liabilities €406k
Equity
€103k ▲ 86.0%
Debt
€303k ▼ 14.7%
Debt's share of the balance-sheet total falls from 86.5% to 74.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€194k▲
2024 · €166k
Cash flow
€152k▲
2024 · €132k
Current ratio
1.12▲
2024 · 0.55
Debt to equity
2.93▼
2024 · 6.39
ROE
96.2%▼
2024 · 134.0%
ROA
24.5%▲
2024 · 18.1%
Interest coverage
15.19▲
2024 · 13.28
Debt ≤ 1 year
€103k▼
2024 · €132k
Debt > 1 year
€194k▼
2024 · €220k
Income taxes
€30k▲
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€411k€406k▼
Fixed assets21/28€338k€291k▼
Tangible fixed assets22/27€338k€291k▼
Land and buildings22€257k€227k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€45k€60k▲
Leasing and similar rights25€33k€0▼
Other tangible fixed assets26-€2k
Current assets29/58€72k€115k▲
Amounts receivable within one year40/41€30k€30k▲
Trade receivables40€29k€27k▼
Other amounts receivable41€908€3k▲
Cash at bank and in hand54/58€37k€81k▲
Deferred charges and accrued income490/1€5k€4k▼
Equity and liabilities
Total equity and liabilities10/49€411k€406k▼
Equity10/15€56k€103k▲
Contributions10/11€10k€10k=
Reserves13€46k€93k▲
Distributable reserves133€46k€93k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€355k€303k▼
Amounts payable after more than one year17€220k€194k▼
Financial debts170/4€220k€194k▼
Amounts payable within one year42/48€132k€103k▼
Current portion of amounts payable after more than one year42€38k€26k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€12k€19k▲
Taxes450/3€12k€19k▲
Other amounts payable47/48€80k€56k▼
Accrued charges and deferred income492/3€3k€6k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€52k▼
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A€722€0▼
Gross operating margin9900€169k€196k▲
Operating profit (loss)9901€109k€142k▲
Financial income75/76B€361€303▼
Recurring financial income75€361€303▼
Financial charges65/66B€12k€13k▲
Recurring financial charges65€12k€13k▲
Profit (loss) for the period before taxes9903€97k€129k▲
Income taxes67/77€22k€30k▲
Profit (loss) for the period9904€74k€99k▲
Profit (loss) for the period to be appropriated9905€74k€99k▲
Appropriation of the result
Profit (loss) to be appropriated9906€70k€99k▲
Profit (loss) brought forward from the previous period14P€-5k€0▲
Transfer from equity791/2€89k€21k▼
Transfer to equity691/2€46k€69k▲
To other reserves6921€46k€69k▲
Profit to be distributed694/7€113k€52k▼
Return on contributions (dividend)694€113k€52k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €125k | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €79k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29 | €3k | €14k | €57k | €52k | ▼ 8.0% |
| Other operating charges640/8 | €227 | €0 | €648 | €3k | €2k | ▼ 18.9% |
| Non-recurring operating charges66A | - | - | - | €722 | €0 | ▼ 100% |
| Gross operating margin9900 | €56k | €56k | €12k | €169k | €196k | ▲ 15.9% |
| Operating profit (loss)9901 | €56k | €53k | €-2k | €109k | €142k | ▲ 30.2% |
| Financial income75/76B | - | - | €171 | €361 | €303 | ▼ 15.9% |
| Recurring financial income75 | - | - | €171 | €361 | €303 | ▼ 15.9% |
| Financial charges65/66B | €64 | €1k | €2k | €12k | €13k | ▲ 2.4% |
| Recurring financial charges65 | €64 | €1k | €2k | €12k | €13k | ▲ 2.4% |
| Profit (loss) for the period before taxes9903 | €56k | €52k | €-3k | €97k | €129k | ▲ 33.6% |
| Income taxes67/77 | €13k | €12k | €1k | €22k | €30k | ▲ 33.9% |
| Profit (loss) for the period9904 | €43k | €40k | €-5k | €74k | €99k | ▲ 33.5% |
| Profit (loss) for the period to be appropriated9905 | €43k | €40k | €-5k | €74k | €99k | ▲ 33.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €73k | €158k | €142k | €411k | €406k | ▼ 1.1% |
| Fixed assets21/28 | €5k | €64k | €51k | €338k | €291k | ▼ 14.0% |
| Tangible fixed assets22/27 | €2k | €61k | €51k | €338k | €291k | ▼ 14.0% |
| Land and buildings22 | - | - | - | €257k | €227k | ▼ 11.4% |
| Plant, machinery and equipment23 | €2k | €5k | €5k | €4k | €2k | ▼ 42.1% |
| Furniture and vehicles24 | - | - | €2k | €45k | €60k | ▲ 32.8% |
| Leasing and similar rights25 | - | €56k | €44k | €33k | €0 | ▼ 100% |
| Other tangible fixed assets26 | - | - | - | - | €2k | - |
| Financial fixed assets28 | €4k | €4k | €0 | - | - | - |
| Current assets29/58 | €67k | €93k | €91k | €72k | €115k | ▲ 59.3% |
| Amounts receivable within one year40/41 | €7k | €17k | €19k | €30k | €30k | ▲ 1.8% |
| Trade receivables40 | €7k | €17k | €18k | €29k | €27k | ▼ 6.1% |
| Other amounts receivable41 | - | €26 | €2k | €908 | €3k | ▲ 250% |
| Cash at bank and in hand54/58 | €60k | €71k | €67k | €37k | €81k | ▲ 118% |
| Deferred charges and accrued income490/1 | - | €5k | €5k | €5k | €4k | ▼ 26.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €73k | €158k | €142k | €411k | €406k | ▼ 1.1% |
| Equity10/15 | €65k | €101k | €94k | €56k | €103k | ▲ 86.0% |
| Contributions10/11 | €10k | €10k | €10k | €10k | €10k | = |
| Reserves13 | €55k | €91k | €89k | €46k | €93k | ▲ 105% |
| Distributable reserves133 | €55k | €91k | €89k | €46k | €93k | ▲ 105% |
| Profit (loss) carried forward14 | - | €0 | €-5k | €0 | €0 | - |
| Amounts payable17/49 | €8k | €57k | €48k | €355k | €303k | ▼ 14.7% |
| Amounts payable after more than one year17 | - | €27k | €13k | €220k | €194k | ▼ 11.7% |
| Financial debts170/4 | - | €27k | €13k | €220k | €194k | ▼ 11.7% |
| Amounts payable within one year42/48 | €8k | €28k | €34k | €132k | €103k | ▼ 22.1% |
| Current portion of amounts payable after more than one year42 | - | €14k | €15k | €38k | €26k | ▼ 31.2% |
| Trade debts44 | €512 | €1k | €8k | €3k | €2k | ▼ 4.5% |
| Suppliers440/4 | €512 | €1k | €8k | €3k | €2k | ▼ 4.5% |
| Taxes, remuneration and social security45 | €7k | €10k | €9k | €12k | €19k | ▲ 55.5% |
| Taxes450/3 | €7k | €10k | €9k | €12k | €19k | ▲ 55.5% |
| Other amounts payable47/48 | €318 | €3k | €3k | €80k | €56k | ▼ 30.3% |
| Accrued charges and deferred income492/3 | - | €2k | €2k | €3k | €6k | ▲ 95.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43k | €40k | €-5k | €74k | €99k | ▲ 33.5% |
| + Depreciation and write-downs630 | €29 | €3k | €14k | €57k | €52k | ▼ 8.0% |
| Operating cash flow (approximation) | €43k | €42k | €9k | €132k | €152k | ▲ 15.5% |
| Investment in fixed assets (approximation) | - | €-62k | €-316 | €-344k | €-5k | ▲ 98.5% |
| Change in cash | - | €11k | €-4k | €-30k | €44k | ▲ 246% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €99k ▲33.5%
Operating result €142k, net result €99k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.12
Current ratio from 0.55 to 1.12; short-term debt falls from €132k to €103k.
31-12
Financial
Equity above €100kEq €103k ▲86%
2 profitable years in a row build equity to €103k.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €74k
Net result €74k after one loss-making year.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €101k ▲54.9%
3 profitable years in a row build equity to €101k.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 8.77
Current ratio from 2.97 to 8.77; short-term debt falls from €10k to €8k.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Meise · 1 establishment unit since 2020
Ground area
282 m²
Building footprint
64 m²
Volume, LiDAR
549 m³
Parcel 23093F0409/00R000, Flanders · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ALLEZ EN ROUTE
since 20202.300.787.936
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23093F0409/00R000 | Flanders | 282 m² | 1 · 64 m² | 9.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 433 EUR awarded · 433 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 433 EUR | 433 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,263 companies in sector 71113 we hold annual accounts for 658. 551 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
71113Urban planning and landscape architecture
Contact
Website
www.mitopia.be
E-mail
info@mitopia.be
Scores and ratios are computed by Checked and are not a credit decision.