Mitrovic Isolatie
ActiveThe computed 12-month bankruptcy probability of Mitrovic Isolatie is 3.0% (moderate). The 2024 annual accounts show equity of €51k and a net result of €21k. Its solvency ranks better than 33% of 36374 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
83
/ 100
Excellent▼ -2 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency65▼-35
Growth52
Stability94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.66 against 4.14 in 2023), but 68.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 2024Solvency, return and age of the figures
Solvency
31.8%
Return on assets
12.8%
Age of the figures
20 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-12-2025, 132 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
132 d late
2023
30 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€51k▲ 67.2%
2023 · €31k
2023: €31k
2023 → 2024
Total assets
€161k▲ 299%
2023 · €40k
2023: €40k
2023 → 2024
Net result
€21k▼ 24.6%
2023 · €27k
2023: €27k
2023 → 2024
Working capital
€36k▲ 18.4%
2023 · €31k
2023: €31k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€31k-€51k▲ 67.2%
Operating result€38k-€35k▼ 8.2%
Net result€27k-€21k▼ 24.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 8% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €161k
Fixed assets
€70k▲ 175,187%
Current assets
€91k▲ 125%
Equity and liabilities €161k
Equity
€51k▲ 67.2%
Debt
€110k▲ 1,025%
The debt ratio rises from 24.2% to 68.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€63k
Cash flow
€48k
Solvency
31.8%▼
2023 · 75.8%
Current ratio
1.66▼
2023 · 4.14
Quick ratio
1.66▼
2023 · 4.14
Debt / equity
2.14▲
2023 · 0.32
ROE
40.2%▼
2023 · 89.1%
ROA
12.8%▼
2023 · 67.6%
Interest coverage
21.56
Debt
€110k▲
2023 · €10k
Debt ≤ 1 year
€55k▲
2023 · €10k
Debt > 1 year
€55k
Income taxes
€12k▲
2023 · €11k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€40k€161k▲
Fixed assets21/28€40€70k▲
Tangible fixed assets22/27-€70k
Furniture and vehicles24-€70k
Financial fixed assets28€40-
Current assets29/58€40k€91k▲
Amounts receivable within one year40/41€13k€83k▲
Trade receivables40€6k€54k▲
Other amounts receivable41€7k€29k▲
Cash at bank and in hand54/58€21k€3k▼
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€40k€161k▲
Equity10/15€31k€51k▲
Contributions10/11€5k€5k=
Reserves13€26k€26k=
Distributable reserves133€26k€26k=
Profit (loss) carried forward14-€21k
Amounts payable17/49€10k€110k▲
Amounts payable after more than one year17-€55k
Financial debts170/4-€55k
Amounts payable within one year42/48€10k€55k▲
Current portion of amounts payable after more than one year42-€18k
Trade debts44€3k€22k▲
Suppliers440/4€3k€22k▲
Taxes, remuneration and social security45€6k€15k▲
Taxes450/3€6k€15k▲
Other amounts payable47/48€2k-
Income statement
Code20232024
Non-recurring operating income76A-€130
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€27k
Other operating charges640/8€314€8k▲
Gross operating margin9900€39k€71k▲
Operating profit (loss)9901€38k€35k▼
Financial income75/76B€0€41▲
Recurring financial income75€0€41▲
Financial charges65/66B€355€3k▲
Recurring financial charges65€355€3k▲
Profit (loss) for the period before taxes9903€38k€32k▼
Income taxes67/77€11k€12k▲
Profit (loss) for the period9904€27k€21k▼
Profit (loss) for the period to be appropriated9905€27k€21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€21k▼
Transfer to equity691/2€26k-
To other reserves6921€26k-
Profit to be distributed694/7€2k-
Return on contributions (dividend)694€2k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 132 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2023
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.
Boterlaarbaan 2702100 AntwerpenGround area
312 m²
Building footprint
89 m²
Volume, LiDAR
429 m³
Parcel 11345B0231/00N012, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Mitrovic Isolatie
since 20232.345.902.141
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11345B0231/00N012 | Flanders | 312 m² | 1 · 89 m² | 8.4 m · 2 fl. |
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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Of 4,245 companies in sector 43230 we hold annual accounts for 1,230. 1,020 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-06-2023
Fiscal year end31-12
Activities, NACEBEL
43230Insulation installation
43291Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.