Skip to content
Checked.be
Complete company report
Generated 02-08-2026
Active BE 0764.433.343Private limited company

MITTO

Tuinwijkstraat 9 ·9160 Lokeren, Belgium· 5 yrs active
Conclusion Checked

The computed 12-month bankruptcy probability of MITTO is 3.8% (moderate). The 2025 annual accounts show negative equity (€-36k) and a net result of €13k. Equity is growing by ~4.5% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €-36k
Net result €13k
Active 5 yrs
Board 1
Snowflake analysis 5 axes · computed by Checked
Health16Profitability0Solvency33Growth78Stability94
44 / 100

Fragile profile, watch profitability in particular.

Health 16
Profitability 0
Solvency 33
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
3.8% Moderate
0%0,5%1,5%4%10%≥25%
Young company +No NACE activity registered +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
16 / 100 Critical
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview4 NBB filings
Annual accounts filed on 18-03-2026 with the NBB · fiscal year 2025 · micro
€-75k€-50k€-25k€0€25kOperating result 2022: €-67k€-67kNet result 2022: €-67k€-67kOperating result 2024: €-115€-115Net result 2024: €-235€-235Operating result 2025: €13k€13kNet result 2025: €13k€13k2022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~4.5%/year over 4 fiscal years, indicative, assuming unchanged policy.
€-50k€-40k€-30k2026: €-41k (€-45k - €-37k)2027: €-39k (€-46k - €-32k)2028: €-37k (€-46k - €-28k)2022: €-49k2023: €-49k2024: €-49k2025: €-36k2022202320242025202620272028
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).

EBITDA
€16k
- 22-25
Net profit
€13k
- 22-25
Cash flow
€16k
- 22-25
Total assets
€9k
-10.2% 22-25
Equity
€-36k
+27.1% 22-25
Working capital
€-42k
+27.4% 22-25
Staff costs
€2k
- 22-25
Debt
€44k
-24.4% 22-25
Debt ≤ 1y
€44k
-24.4% 22-25
Current ratio
0.06
+214.8% 22-25
Quick ratio
0.06
+214.8% 22-25
Solvency
-417.9%
+18.8% 22-25
Debt / equity
-1.24
-3.8% 22-25
ROE
-37.2%
- 22-25
ROA
155.4%
- 22-25
Interest coverage
128.07
- 22-25
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€16k
Net profit€13k
Cash flow€16k
Staff costs-
Income taxes-
Dividends-
Total assets€9k
Equity€-36k
Debt€44k
of which ≤ 1y€44k
of which > 1y-
Working capital€-42k
Employees (FTE)-
Ratios (computed)
2025
Current ratio0.06
Quick ratio0.06
Working capital ratio-488.0%
Solvency-417.9%
Debt / equity-1.24
Long-term debt ratio-
Interest coverage128.07
Gross margin-
Net margin-
ROA155.4%
ROE-37.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€9k
Fixed assets 21/28€6k
Tangible fixed assets 22/27€6k
Current assets 29/58€3k
Amounts receivable within one year 40/41€3k
Cash & bank 54/58€27
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€9k
Equity 10/15€-36k
Contributions / capital 10/11€19k
Accumulated profits (losses) 14€-54k
Amounts payable 17/49€44k
Amounts payable within one year 42/48€44k
Trade debts payable within one year 44€44k
Income statement
Gross operating margin 9900€16k
Operating result 9901€13k
Financial charges 65€124
Result before taxes 9903€13k
Net result for the period 9904€13k
Result to be appropriated 9905€13k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 3 directors
Current directors & mandates
  • Seltan Sahin
    Director
    State Gazette act 25074502 (13-06-2025)
    Current
    27-05-2025 → present
Former directors (2)
  • Kanat Tekin
    Director
    State Gazette act 26016288 (02-02-2026)
    Former
    - → 31-12-2025
  • Kanat Muhammet
    Director
    State Gazette act 25074502 (13-06-2025)
    Former
    - → 27-05-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary -
Legal form Private limited company(610)
Incorporation26-02-2021
StatusActive
Postal code9160
Establishment units 1 location
Tuinwijkstraat 9, 9160 Lokeren
Algemene bouw van residentiële gebouwen
since 20252.377.662.614
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46014A0624/00T009 Flanders 105 m² 1 · 55 m² 9.5 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 7 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
18-03-2026
NBB filing Annual accounts filed
fiscal year 2025 · micro
02-02-2026
State Gazette act Director changes
v3.2
2025
13-06-2025
State Gazette act Capital & shares
v3.2
04-03-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2023
07-12-2023
NBB filing Annual accounts filed
fiscal year 2023 · micro
2022
02-12-2022
NBB filing Annual accounts filed
fiscal year 2022 · micro
2021
02-03-2021
State Gazette act Incorporation
oprichting
Belgisch Staatsblad, acts 3 acts
Capital history · 1
13-06-2025
v3.2
All acts · 3 updated 6 months ago
2026
02-02-2026 Kanat Tekin resigns as director Director changes
  • Kanat Tekin, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Kanat Tekin",
        "address": null,
        "birth_date": null
      },
      "effective_date": "2025-12-31",
      "evidence_quote": "Het ontslag van de heer Kanat Tekin, met ingang vanaf 31 december 2025, wonende te Tuiwijkstraat 9 - 9160 Lokeren."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0764.433.343",
    "name_full": "MITTO",
    "legal_form": "BV"
  }
}
2025
13-06-2025 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "amount": null,
      "currency": null,
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "amount_type": "onbekend",
      "effective_date": "2025-05-27",
      "evidence_quote": "De Heer Kanat Muhammet draagt al zijn aandelen over aan de heer Seltan Sahin.",
      "contribution_type": null
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0764.433.343",
    "name_full": "MITTO",
    "legal_form": "BV"
  }
}
2021
02-03-2021 Incorporation of a new BV Incorporation
Summary: oprichting
Technical details 
{
  "kind": "oprichting",
  "seat": "8930 Menen, Rijselstraat 85/0001",
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "founders": [
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "KANAT Tekin",
        "niss": null,
        "address": "8930 Menen, Moeskroenstraat 3/0101"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 9300,
      "holder_person_name": "KANAT Tekin",
      "is_subscriber_only": false,
      "n_shares_subscribed": 50,
      "amount_subscribed_eur": 9300,
      "is_anonymous_silent_partner": false
    },
    {
      "org": null,
      "kind": "natural_person",
      "person": {
        "dob": null,
        "name": "KANAT Muhammet",
        "niss": null,
        "address": "8930 Menen, Moeskroenstraat 3/0101"
      },
      "share_class": "Ordinary",
      "partner_role": null,
      "holder_org_kbo": null,
      "holder_org_name": null,
      "contribution_type": "cash",
      "amount_paid_in_eur": 9300,
      "holder_person_name": "KANAT Muhammet",
      "is_subscriber_only": false,
      "n_shares_subscribed": 50,
      "amount_subscribed_eur": 9300,
      "is_anonymous_silent_partner": false
    }
  ],
  "capital_eur": 18600,
  "subject_company": {
    "kbo": "0764.433.343",
    "name_full": "MITTO",
    "legal_form": "BV"
  },
  "initial_directors": [],
  "incorporation_date": "2021-02-24",
  "post_incorporation_mandates": []
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL MITTO
Registered office
Tuinwijkstraat 9
9160 Lokeren, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative