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Mitrovic Isolatie

Active
Private limited companyfounded 2023active for 3 yearsBoterlaarbaan 270, 2100 Antwerpen, BelgiumKBO/BCE: BE 0802.623.332

From the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of Mitrovic Isolatie is 6.5% (elevated). The 2024 annual accounts show equity of €51,246 and a net result of €20,602. Its solvency ranks better than 33% of 35,970 sector peers (NACE 43, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 12-06-2023 Normal situation
Activity
Insulation installation NACE 43230
Establishment unit
2.345.902.141 2100 Antwerpen, since 12-06-2023
Financial year end
31 December
Peppol
Reachable since 07-06-2025

Board and ownership

Financial position

37 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.5%
Annual accounts 2024
Gross margin
€70,637
▲ 83.3%
Turnover
≈ €280,000
estimated
Profit
€20,602
▼ 24.6%
Equity
€51,246
▲ 67.2%
Total assets
€161,067
▲ 299%
2025 accounts not filed, 93 days past the deadline
Filed on 10-12-2025PDF
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 132 days late; 1 of the last 3 accounts lateFigures for financial year 2024 (filed on 10-12-2025)Founded in 2023Size: total assets €161,067Show the evidence

Checked score

Score 2024
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 54% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2023
Strong
Solvency 57-43
equity 31.8% of total assets
Liquidity 38-53
short-term debt 34.0% · cash 2.0%
Profitability 85-15
return on assets 12.8%
Bankruptcy probability within 12 months
6.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 0.5%lowest value 12-2024: 0.5%● unchanged vs 11-2024 01-2025: 0.6%▲ +0.1 percentage points vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.7%▲ +0.1 percentage points vs 06-2025 08-2025: 1.1%▲ +0.4 percentage points vs 07-2025 09-2025: 1.3%▲ +0.2 percentage points vs 08-2025 10-2025: 2.0%▲ +0.7 percentage points vs 09-2025 11-2025: 2.0%● unchanged vs 10-2025 12-2025: 2.5%▲ +0.5 percentage points vs 11-2025 01-2026: 4.4%▲ +1.9 percentage points vs 12-2025 02-2026: 4.4%● unchanged vs 01-2026 03-2026: 4.4%● unchanged vs 02-2026 04-2026: 4.5%▲ +0.1 percentage points vs 03-2026 05-2026: 4.4%▼ -0.1 percentage points vs 04-2026 06-2026: 4.3%▼ -0.1 percentage points vs 05-2026 07-2026: 4.3%● unchanged vs 06-2026 08-2026: 4.9%▲ +0.6 percentage points vs 07-2026 09-2026: 5.1%▲ +0.2 percentage points vs 08-2026 10-2026: 6.5%▲ +1.4 percentage points vs 09-2026highest value
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 1.66 (4.14 in 2023), above the usual 1.5. Short-term debt is 34% and cash 2% of total assets. However, 68.2% of the assets are financed with debt and provisions.
Calculation

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 43, micro). It does better than 34% of them on solvency, 26% on liquidity, 68% on profitability and 87% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 132 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 10-12-2025)
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €161,067
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 2 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 132 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: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 2 filings
Deviation from the deadline
2025
not filed
2024
132 days late
2023
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 81 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Comparable companies

These companies have the same main activity as Mitrovic Isolatie: insulation installation (NACE 43230). They are comparable in size and age: total assets between €130,000 and €196,000, founded between 2022 and 2023.

CompanyTotal assetsGross margin
Mitrovic Isolatie Antwerpen€161,067€70,637
Profill Kampenhout€141,421€62,557
LEVEL ART Ukkel€168,863€56,777
DRG RENO Liège€129,809€75,762
IPVL Mechelen€142,142€87,165
Fire Protection Projects Nijlen€195,784€111,215
CARDISOL Kluisbergen€177,461€53,042
Full comparison

Documents

Annual accounts at the NBB

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Mitrovic Isolatie

What is the company number of Mitrovic Isolatie?
The company number of Mitrovic Isolatie is 0802.623.332. The VAT number is the same number with BE in front: BE 0802.623.332.
Where is Mitrovic Isolatie based?
The registered office is at Boterlaarbaan 270, 2100 Antwerpen.Company details
What does Mitrovic Isolatie do?
According to the KBO register, the main activity is insulation installation (NACE 43230).
What is the legal form of Mitrovic Isolatie?
The legal form of Mitrovic Isolatie is Private limited company (BV).
When was Mitrovic Isolatie founded?
Mitrovic Isolatie was founded on 12-06-2023.
Is Mitrovic Isolatie still active?
Yes, Mitrovic Isolatie is an active enterprise in the KBO register.
What is the turnover of Mitrovic Isolatie?
The turnover in financial year 2024 is ≈ €280,000. This figure is estimated from the gross margin of €70,637 and 108 comparable companies (NACE 432). It probably lies between €200,000 and €400,000.Financials
Is Mitrovic Isolatie profitable?
In financial year 2024, Mitrovic Isolatie made a profit of €20,602.
Where can I find the annual accounts of Mitrovic Isolatie?
Mitrovic Isolatie filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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