MITRIDATE
ActiveMITRIDATE has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €60k and a net result of €-10k. Equity is shrinking by ~19.8% per year across the filed fiscal years. Its solvency ranks better than 69% of 1991 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-66
Solvency96▼-4
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 1.96 against 27.46 in 2024; short-term debt: 21.7% and cash: 34.3% of total assets), and 29.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
70.5%
Return on assets
-11.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 04-07-2026, 27 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
27 d early
2024
6 d early
2023
28 d early
2022
12 d early
2021
20 d early
2020
30 d early
2019
25 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-10k
2024 · €564
2018: €20k
2019: €14k
2020: €-79k
2021: €388
2022: €-9k
2023: €76k
2024: €564
2018 → 2025
Working capital
€18k▼ 74.3%
2024 · €69k
2018: €243k
2019: €232k
2020: €152k
2021: €12k
2022: €12k
2023: €70k
2024: €69k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€20k▼ 30.4%€69k▲ 244%€70k▲ 0.8%€60k▼ 14.3%
Operating result€1k-€-8k€81k€688▼ 99.2%€-9k
Net result€388-€-9k€76k€564▼ 99.3%€-10k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €9k after €688 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €85k
Fixed assets
€49k▲ 4,343%
Current assets
€36k▼ 49.5%
Equity and liabilities €85k
Equity
€60k▼ 14.3%
Debt
€25k▲ 820%
The debt ratio rises from 3.7% to 29.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-1k▼
2024 · €1k
Cash flow
€-2k▼
2024 · €975
Solvency
70.5%▼
2024 · 96.3%
Current ratio
1.96▼
2024 · 27.46
Quick ratio
1.96▼
2024 · 27.46
Debt / equity
0.42▲
2024 · 0.04
ROE
-16.7%▼
2024 · 0.8%
ROA
-11.8%▼
2024 · 0.8%
Interest coverage
-0.94▼
2024 · 16.07
Debt
€25k▲
2024 · €3k
Debt ≤ 1 year
€18k▲
2024 · €3k
Debt > 1 year
€6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€72k€85k▲
Fixed assets21/28€1k€49k▲
Tangible fixed assets22/27€1k€49k▲
Furniture and vehicles24€1k€49k▲
Financial fixed assets28€80€80=
Current assets29/58€71k€36k▼
Amounts receivable within one year40/41€4k€7k▲
Trade receivables40€2k€7k▲
Other amounts receivable41€2k€126▼
Cash at bank and in hand54/58€68k€29k▼
Deferred charges and accrued income490/1€310€274▼
Equity and liabilities
Total equity and liabilities10/49€72k€85k▲
Equity10/15€70k€60k▼
Contributions10/11€5k€5k=
Reserves13€65k€65k=
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Distributable reserves133€59k€59k=
Profit (loss) carried forward14-€-10k
Amounts payable17/49€3k€25k▲
Amounts payable after more than one year17-€6k
Financial debts170/4-€6k
Amounts payable within one year42/48€3k€18k▲
Current portion of amounts payable after more than one year42-€15k
Trade debts44€484€85▼
Suppliers440/4€484€85▼
Taxes, remuneration and social security45€69€9▼
Taxes450/3€69€9▼
Other amounts payable47/48€2k€3k▲
Accrued charges and deferred income492/3€114€117▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€412€8k▲
Other operating charges640/8€71€257▲
Gross operating margin9900€1k€-836▼
Operating profit (loss)9901€688€-9k▼
Financial charges65/66B€68€1k▲
Recurring financial charges65€68€1k▲
Profit (loss) for the period before taxes9903€620€-10k▼
Income taxes67/77€56-
Profit (loss) for the period9904€564€-10k▼
Profit (loss) for the period to be appropriated9905€564€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€564€-10k▼
Transfer to equity691/2€564-
To other reserves6921€564-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 9current ratio 27.46
Current ratio from 3.15 to 27.46; short-term debt falls from €32k to €3k.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €76k
Net result €76k after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 8current ratio 42.74
Current ratio from 5.53 to 42.74; short-term debt falls from €3k to €298.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €388
Net result €388 after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-79k ▼650%
Net result drops to €-79k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 25 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 3.43
Current ratio from 1.52 to 3.43; short-term debt falls from €463k to €95k.
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 13 days late
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2021
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
22-07-2021
Resigned as Manager
Location & real-estate footprint
Registered office, Mouscron · 1 establishment unit since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koningin Astridlaan 457700 MouscronGround area
1,718 m²
Building footprint
487 m²
Parcel 54436A0516/00V003, Wallonia. Linked by address, not a title deed.
1 establishment unit
Koningin Astridlaan 45, 7700 Mouscron
since 20142.237.200.179
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54436A0516/00V003 | Wallonia | 1,718 m² | 1 · 487 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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DRIES CUMPS
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Of 3,398 companies in sector 90393 we hold annual accounts for 940. 749 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-10-2014
Fiscal year end31-12
Trade name FR
SGM bfl
Activities, NACEBEL
90393Specialised image, lighting and sound technical services
46431Wholesale of electrical household appliances and audio-video equipment
46474Wholesale trade
47552Retail sale of lighting equipment
47592Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.