Checked.be
Active
BE 0405.844.931Public limited company
MITRA
Atzerath 40 ·4783 Sankt Vith, Belgium· 58 yrs active
Sector: Freight transport by road
(49410)
Conclusion
MITRA has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €146k and a net result of €1k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 95% of 1747 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Based on the State Gazette, CBE and 5 annual accounts.
Key figures
| Equity | €146k |
| Net result | €1k |
| Better than sector | 95% |
| Active | 58 yrs |
Financial profile
68
/ 100
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Health
86
Profitability
4
Solvency
100
Growth
52
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1968, 58 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
86
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€13k
estimate, not credit advice
Score history
86
2021
86
2022
94
2023
86
2024
86
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 82.79 (≥ 1.5)
+10
Quick ratio
Quick ratio 82.79 (≥ 1.0)
+5
Leverage
Debt/equity 0.01 (< 1.0)
+10
Profitability
ROE 1%
+3
Interest coverage
Interest coverage 149.8× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 18-08-2026 with the NBB · fiscal year 2025 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 5 fiscal years (±1.4%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 49, Land transport and transport via pipelines · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 98.4% | 40.3% | |
| Net result | €1k | €29k | |
| Equity | €146k | €313k | |
| Gross operating margin | €9k | €466k | |
| Total assets | €149k | €876k |
€6k
+170.8%
21-25
€1k
-15.1%
21-25
€6k
-3.2%
21-25
€149k
+1.1%
21-25
€146k
+0.8%
21-25
€95k
+6.6%
21-25
€399
+26.6%
21-25
€1k
+61.4%
21-25
€1k
+65.1%
21-25
82.79
-35.2%
21-25
82.79
-35.2%
21-25
98.4%
-0.3%
21-25
0.01
+60.2%
21-25
0.7%
-15.8%
21-25
0.7%
-16.0%
21-25
149.81
+170.8%
21-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | - | - | - | - | - |
| EBITDA | €6k | €2k | €8k | €7k | €11k |
| Net profit | €1k | €1k | €3k | €2k | €7k |
| Cash flow | €6k | €6k | €8k | €7k | €12k |
| Staff costs | - | - | - | - | - |
| Income taxes | €399 | €315 | - | - | - |
| Dividends | - | - | - | - | - |
| Total assets | €149k | €147k | €150k | €147k | €145k |
| Equity | €146k | €145k | €144k | €141k | €139k |
| Debt | €1k | €745 | €5k | €5k | €5k |
| of which ≤ 1y | €1k | €703 | €4k | €4k | €5k |
| of which > 1y | - | - | - | - | - |
| Working capital | €95k | €89k | €83k | €75k | €68k |
| Employees (FTE) | - | - | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 82.79 | 127.69 | 19.46 | 17.84 | 15.56 |
| Quick ratio | 82.79 | 127.69 | 19.46 | 17.84 | 15.56 |
| Working capital ratio | 63.8% | 60.5% | 55.4% | 51.3% | 47.2% |
| Solvency | 98.4% | 98.6% | 96.1% | 96.1% | 95.9% |
| Debt / equity | 0.01 | 0.01 | 0.03 | 0.03 | 0.03 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 149.81 | 55.33 | 180.63 | 166.95 | 299.32 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 0.7% | 0.9% | 1.9% | 1.5% | 5.0% |
| ROE | 0.7% | 0.9% | 1.9% | 1.6% | 5.2% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €149k | €147k | €150k | €147k | €145k |
| Fixed assets | 21/28 | €53k | €58k | €62k | €67k | €72k |
| Tangible fixed assets | 22/27 | €53k | €58k | €62k | €67k | €72k |
| Current assets | 29/58 | €96k | €90k | €87k | €80k | €73k |
| Amounts receivable within one year | 40/41 | €8k | €749 | €29 | €415 | €4k |
| Cash & bank | 54/58 | €88k | €89k | €87k | €79k | €69k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €149k | €147k | €150k | €147k | €145k |
| Equity | 10/15 | €146k | €145k | €144k | €141k | €139k |
| Contributions / capital | 10/11 | €100k | €100k | €100k | €100k | €100k |
| Reserves | 13 | €10k | €10k | €10k | €10k | €10k |
| Accumulated profits (losses) | 14 | €36k | €35k | €34k | €31k | €29k |
| Provisions & deferred taxes | 16 | €1k | €1k | €1k | €1k | €1k |
| Amounts payable | 17/49 | €1k | €745 | €5k | €5k | €5k |
| Amounts payable within one year | 42/48 | €1k | €703 | €4k | €4k | €5k |
| Trade debts payable within one year | 44 | €761 | €387 | €4k | €4k | €4k |
| Income statement | ||||||
| Gross operating margin | 9900 | €9k | €4k | €9k | €9k | €12k |
| Operating result | 9901 | €2k | €-2k | €3k | €2k | €6k |
| Financial income | 75 | - | €4k | - | - | €1k |
| Financial charges | 65 | €42 | €42 | €42 | €42 | €36 |
| Result before taxes | 9903 | €1k | €2k | €3k | €2k | €7k |
| Income taxes | 67/77 | €399 | €315 | - | - | - |
| Net result for the period | 9904 | €1k | €1k | €3k | €2k | €7k |
| Result to be appropriated | 9905 | €1k | €1k | €3k | €2k | €7k |
Legal Structure
| NACE primary | Freight transport by road(49410) |
| Legal form | Public limited company(014) |
| Incorporation | 01-01-1968 |
| Status | Active |
| Postal code | 4783 |
Establishment units
John-Cockerill-Straße 4, 4780 Sankt Vith
since 19642.004.720.675
Updates
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 18 days late
2025
31-12
Financial
Weakest financial yearnet €1k ▼15.1%
Net result drops to €1k, the lowest in the series.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
2024
31-12
Financial
Liquidity times 7current ratio 127.69
Current ratio from 19.46 to 127.69; short-term debt falls from €4k to €703.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 24 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Freight transport by road49410
Names & trade names
| Legal nameFR | MITRA |
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