Equity
Mitopia paid out €51,666 in dividends. That is 52% of the 2025 profit.
Mitopia paid out €51,666 in dividends. That is 52% of the 2025 profit.
The micro format states no turnover.
Of this, €102,849 falls due within a year.
Short-term debts fell from €132,044 to €102,849.
The last five annual accounts were filed 1 to 34 days before the end of the period.
Higher net result than 92% of companies in architecture and engineering. Sector median €16,690 · 11,795 companies.
The dashed line is the sector median: 0.1% across 14,829 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 26% of them on solvency, 53% on liquidity, 75% on profitability and 89% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 6,713 companies had the same profile as Mitopia has now. Each dot stands for 17 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Mitopia itself is lower: 0.1% within 12 months. It rests on far more data about Mitopia than the profile alone.
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.
| 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 6,713 companies, not a prediction for Mitopia. 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.
Liquidity is tight, with a current ratio of 1.12 (0.55 in 2024), below the usual 1.5. Short-term debt is 25.3% and cash 19.9% of total assets. 74.5% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 6 accounts on average 12 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Mitopia Meise | €406,076 | €196,438 | 25.5% | - |
| BURO BUITEN Sint-Pieters-Leeuw | €379,665 | €152,572 | 82.8% | - |
| Jan Verlinden Lubbeek | €346,054 | €159,146 | 26.4% | - |
| ARDISM Beersel | €287,406 | €184,389 | 36.5% | - |
| TUINEN COUDRON Ypres | €450,354 | €222,943 | 47.1% | - |
| ALPHA GARDEN Oostrozebeke | €542,405 | €229,683 | 17.3% | 2 |
| KN Parc & Jardin Ciney | €488,241 | €282,557 | -10.9% | - |
These companies have the same main activity as Mitopia: urban planning and landscape architecture (NACE 71113). They are comparable in size and age: total assets between €287,000 and €542,000, founded between 2018 and 2020.
Mitopia files the micro format. That format states no turnover. The gross margin rose from €20,925 in 2020 to €196,438 in 2025.
The balance sheet grew most in 2024 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 26% of 11,794 companies in 2025.
Higher than 25% of 11,521 companies in 2025.
Higher than 72% of 11,605 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||
20/58 |
406,076 | 410,541 | 142,410 | 157,705 | 72,709 | 34,117 | |
21/28 |
291,251 | 338,475 | 51,048 | 64,413 | 5,294 | 3,630 | |
22/27 |
291,251 | 338,475 | 51,048 | 60,783 | 1,664 | - | |
22 |
227,378 | 256,613 | - | - | - | - | |
23 |
2,410 | 4,163 | 4,806 | 5,074 | 1,664 | - | |
24 |
59,515 | 44,822 | 1,949 | - | - | - | |
25 |
0 | 32,877 | 44,293 | 55,709 | - | - | |
26 |
1,948 | - | - | - | - | - | |
28 |
- | - | 0 | 3,630 | 3,630 | 3,630 | |
29/58 |
114,825 | 72,066 | 91,361 | 93,291 | 67,416 | 30,487 | |
40/41 |
30,120 | 29,596 | 19,178 | 17,198 | 7,187 | 13,420 | |
40 |
26,941 | 28,688 | 17,630 | 17,171 | 7,187 | 13,420 | |
41 |
3,179 | 908 | 1,548 | 26 | - | - | |
54/58 |
80,666 | 36,975 | 66,922 | 71,351 | 60,228 | 17,067 | |
490/1 |
4,039 | 5,495 | 5,262 | 4,743 | - | - | |
| Balance sheet: equity and liabilities | |||||||
10/49 |
406,076 | 410,541 | 142,410 | 157,705 | 72,709 | 34,117 | |
10/15 |
103,368 | 55,572 | 94,319 | 100,683 | 65,020 | 23,837 | |
10/11 |
10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | |
100 |
- | - | - | - | - | 10,000 | |
13 |
93,368 | 45,572 | 89,017 | 90,683 | 55,020 | 13,837 | |
133 |
93,368 | 45,572 | 89,017 | 90,683 | 55,020 | 13,837 | |
14 |
0 | 0 | -4,698 | 0 | - | - | |
17/49 |
302,708 | 354,969 | 48,090 | 57,022 | 7,690 | 10,281 | |
17 |
194,228 | 220,050 | 12,647 | 27,205 | - | - | |
170/4 |
194,228 | 220,050 | 12,647 | 27,205 | - | - | |
42/48 |
102,849 | 132,044 | 33,943 | 28,316 | 7,690 | 10,281 | |
42 |
25,822 | 37,520 | 14,558 | 13,912 | - | - | |
44 |
2,480 | 2,595 | 7,511 | 1,297 | 512 | 5,732 | |
440/4 |
2,480 | 2,595 | 7,511 | 1,297 | 512 | 5,732 | |
45 |
18,956 | 12,193 | 8,959 | 9,880 | 6,860 | 4,549 | |
450/3 |
18,956 | 12,193 | 8,959 | 9,880 | 6,860 | 4,549 | |
47/48 |
55,592 | 79,736 | 2,914 | 3,228 | 318 | - | |
492/3 |
5,631 | 2,875 | 1,500 | 1,500 | - | - | |
| Income statement | |||||||
70 |
- | - | - | - | 124,740 | 102,039 | |
9900 |
196,438 | 169,494 | 12,464 | 55,704 | 55,976 | 20,925 | |
60/61 |
- | - | - | - | 79,382 | 85,230 | |
630 |
52,452 | 57,019 | 13,681 | 2,743 | 29 | - | |
640/8 |
2,475 | 3,051 | 648 | 0 | 227 | 53 | |
66A |
0 | 722 | - | - | - | - | |
9901 |
141,511 | 108,702 | -1,866 | 52,960 | 55,720 | 20,872 | |
75/76B |
303 | 361 | 171 | - | - | 0 | |
75 |
303 | 361 | 171 | - | - | 0 | |
65/66B |
12,772 | 12,478 | 1,759 | 1,301 | 64 | 313 | |
65 |
12,772 | 12,478 | 1,759 | 1,301 | 64 | 313 | |
9903 |
129,042 | 96,585 | -3,454 | 51,660 | 55,657 | 20,559 | |
67/77 |
29,580 | 22,097 | 1,244 | 11,996 | 12,873 | 5,098 | |
9904 |
99,462 | 74,488 | -4,698 | 39,663 | 42,783 | 15,461 | |
9905 |
99,462 | 74,488 | -4,698 | 39,663 | 42,783 | 15,461 | |
| Appropriation of the result | |||||||
9906 |
99,462 | 69,790 | -4,698 | 39,663 | 42,783 | 15,461 | |
14P |
0 | -4,698 | - | - | - | - | |
791/2 |
21,354 | 89,017 | 1,666 | - | - | - | |
691/2 |
69,150 | 45,572 | 0 | 35,663 | 41,183 | 13,837 | |
6921 |
69,150 | 45,572 | 0 | 35,663 | 41,183 | 13,837 | |
694/7 |
51,666 | 113,235 | 1,666 | 4,000 | 1,600 | 1,624 | |
694 |
51,666 | 113,235 | 1,666 | 4,000 | 1,600 | 1,624 | |
| Document | |||||||
The notes to these accounts have 10 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 22-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 22-07-2026 | 2026-00323763 | |
| 31-12-2024 | micro format | 30-07-2025 | 2025-00344397 | |
| 31-12-2023 | micro format | 09-07-2024 | 2024-00239465 | |
| 31-12-2022 | micro format | 25-07-2023 | 2023-00281115 | |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20095075 | |
| 31-12-2020 | micro format | 29-07-2021 | 2021-42200249 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| 193,963 | 165,721 | 11,816 | 55,704 | 55,749 | - | ||
| 151,914 | 131,507 | 8,984 | 42,407 | 42,812 | - | ||
| 5,228 | 345,168 | 3,946 | 61,863 | 1,693 | 3,630 | ||
| 43,692 | -29,947 | -4,430 | 11,123 | 43,161 | - | ||
| 11,976 | -59,978 | 57,418 | 64,975 | 59,726 | 20,207 | ||
| - | - | - | - | 44.7% | 20.5% | ||
| 25.5% | 13.5% | 66.2% | 63.8% | 89.4% | 69.9% | ||
| 1.12 | 0.55 | 2.69 | 3.29 | 8.77 | 2.97 | ||
| 2.93 | 6.39 | 0.51 | 0.57 | 0.12 | 0.43 | ||
| 96.2% | 134.0% | -5.0% | 39.4% | 65.8% | 64.9% | ||
| 24.5% | 18.1% | -3.3% | 25.2% | 58.8% | 45.3% | ||
| 15.19 | 13.28 | 6.72 | 42.82 | over 100 | - | ||
| - | - | - | - | 21 days | 48 days | ||
| - | - | - | - | 2 days | 25 days |
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.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Mortgages, amount registered | €43,000 | €43,000 | - | - | - |
| Carrying value of the mortgaged assets | €227,378 | €256,613 | - | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €5,228 | €345,168 | €3,946 | €61,863 | €1,693 |
| €52,452 | €57,019 | €13,681 | €2,743 | €29 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 30% higher than in 2024 and the highest since 2020. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 86.5% to 74.5%. Equity is higher and debt is lower.
Mitopia has no parent and no holdings in its annual accounts. Mitopia shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Mitopia was incorporated on 31 March 2020 as a private limited company by two natural persons.12 The board currently has 2 members. VAN dE VELDE Michiel has served longest, since 2020.3 Total assets rose from €34,117 in 2020 to €406,076 in 2025.4
| Establishment | Since | Unit number |
|---|---|---|
| ALLEZ EN ROUTE registered office Platanenlaan 35, 1861 Meise 1813005 Pre-press and pre-media services | 31-03-2020 | 2.300.787.936 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 23093F0409/00R000 | 282 m² | 1 · 64 m² | 9.3 m · 3 |
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