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MITUTOR

Active Risk: not assessed
Private limited companyfounded 20224 yrs activeVlamingveld 39, 8490 Jabbeke, BelgiumKBO/BCE: BE 0787.258.730
Summary

MITUTOR is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €434,411 and a net result of €357,289. Its solvency ranks better than 27% of 6167 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
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 08-06-2026, 53 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
53 d early
2024
76 d early
2023
29 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 53 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 8 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MITUTOR was incorporated on 14 June 2022 as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, abbreviated schema

Equity
€434,411▲ 399%
2023 · €87,122
Net result
€357,289
2023 · -€12,878
Total assets
€1.6m▲ 0.5%
2023 · €1.6m
Solvency
26.7%▲ 21.3pp
2023 · 5.4%
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€55,882-€147,682▲ 164%
Net result-€12,878below the sector's middle half-€357,289above the sector's middle half
Equity€87,122below the sector's middle half-€434,411within the sector's middle half▲ 399%
Total assets€1.6mwithin the sector's middle half-€1.6mwithin the sector's middle half▲ 0.5%
Debt€1.5m-€1.2m▼ 22.2%
Working capital-€81,394within the sector's middle half--€80,402within the sector's middle half▲ 1.2%
Solvency5.4%below the sector's middle half-26.7%within the sector's middle half▲ 21.3pp
Current ratio0.45within the sector's middle half-0.54within the sector's middle half▲ 0.09
Return on assets (ROA)-0.8%below the sector's middle half-22.0%above the sector's middle half▲ 22.8pp
Staff (FTE)0within the sector's middle half-0within the sector's middle half
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000€400,000Operating result 2023: €55,882€55,882Net result 2023: -€12,878-€12,878Operating result 2024: €147,682€147,682Net result 2024: €357,289€357,28920232024-€100,000€0€100,000€200,000€300,000€400,000Operating result 2023: €55,882€55,900Net result 2023: -€12,878-€12,900Operating result 2024: €147,682€148,000Net result 2024: €357,289€357,00020232024
The operating result rises in 2024; 2024 is 164% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.6m
Fixed assets €1.5m ▼ 1.2%
Current assets €93,147 ▲ 39.4%
Equity and liabilities €1.6m
Equity €434,411 ▲ 399%
Debt €1.2m ▼ 22.2%
Debt's share of the balance-sheet total falls from 94.6% to 73.3%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
ROE
82.2%▲
2023 · -14.8%
Debt ≤ 1 year
€173,549▲
2023 · €148,198
Debt > 1 year
€986,194▼
2023 · €1.4m
Income taxes
€7,947
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.6m€1.6m▲
Fixed assets21/28€1.6m€1.5m▼
Tangible fixed assets22/27€451,325€433,087▼
Land and buildings22€451,325€433,087▼
Financial fixed assets28€1.1m€1.1m=
Current assets29/58€66,804€93,147▲
Amounts receivable within one year40/41€30,044€2,329▼
Trade receivables40€30,044€2,277▼
Other amounts receivable41-€53
Cash at bank and in hand54/58€36,760€90,817▲
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.6m▲
Equity10/15€87,122€434,411▲
Contributions10/11€100,000€100,000=
Reserves13-€334,411
Distributable reserves133-€334,411
Profit (loss) carried forward14-€12,878€0▲
Amounts payable17/49€1.5m€1.2m▼
Amounts payable after more than one year17€1.4m€986,194▼
Financial debts170/4€1.4m€986,194▼
Amounts payable within one year42/48€148,198€173,549▲
Current portion of amounts payable after more than one year42€141,905€145,877▲
Trade debts44€4,249€1,266▼
Suppliers440/4€4,249€1,266▼
Taxes, remuneration and social security45€2,044€16,406▲
Taxes450/3€2,044€16,406▲
Other amounts payable47/48-€10,000
Accrued charges and deferred income492/3€32,356€32,080▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,550€18,238▼
Other operating charges640/8€100€1,285▲
Gross operating margin9900€77,531€167,205▲
Operating profit (loss)9901€55,882€147,682▲
Financial income75/76B-€271,251
Recurring financial income75-€271,251
Financial charges65/66B€68,759€53,697▼
Recurring financial charges65€68,759€53,697▼
Profit (loss) for the period before taxes9903-€12,878€365,236▲
Income taxes67/77-€7,947
Profit (loss) for the period9904-€12,878€357,289▲
Profit (loss) for the period to be appropriated9905-€12,878€357,289▲
Appropriation of the result
Profit (loss) to be appropriated9906-€12,878€344,411▲
Profit (loss) brought forward from the previous period14P--€12,878
Transfer to equity691/2-€334,411
To other reserves6921-€334,411
Profit to be distributed694/7-€10,000
Directors or managers695-€10,000
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,550€18,238▼ 15.4%
Other operating charges640/8€100€1,285▲ 1,185%
Gross operating margin9900€77,531€167,205▲ 116%
Operating profit (loss)9901€55,882€147,682▲ 164%
Financial income75/76B-€271,251-
Recurring financial income75-€271,251-
Financial charges65/66B€68,759€53,697▼ 21.9%
Recurring financial charges65€68,759€53,697▼ 21.9%
Profit (loss) for the period before taxes9903-€12,878€365,236▲ 2,936%
Income taxes67/77-€7,947-
Profit (loss) for the period9904-€12,878€357,289▲ 2,874%
Profit (loss) for the period to be appropriated9905-€12,878€357,289▲ 2,874%
Line20232024Change
Assets
Total assets20/58€1.6m€1.6m▲ 0.5%
Fixed assets21/28€1.6m€1.5m▼ 1.2%
Tangible fixed assets22/27€451,325€433,087▼ 4.0%
Land and buildings22€451,325€433,087▼ 4.0%
Financial fixed assets28€1.1m€1.1m=
Current assets29/58€66,804€93,147▲ 39.4%
Amounts receivable within one year40/41€30,044€2,329▼ 92.2%
Trade receivables40€30,044€2,277▼ 92.4%
Other amounts receivable41-€53-
Cash at bank and in hand54/58€36,760€90,817▲ 147%
Equity and liabilities
Total equity and liabilities10/49€1.6m€1.6m▲ 0.5%
Equity10/15€87,122€434,411▲ 399%
Contributions10/11€100,000€100,000=
Reserves13-€334,411-
Distributable reserves133-€334,411-
Profit (loss) carried forward14-€12,878€0▲ 100%
Amounts payable17/49€1.5m€1.2m▼ 22.2%
Amounts payable after more than one year17€1.4m€986,194▼ 27.0%
Financial debts170/4€1.4m€986,194▼ 27.0%
Amounts payable within one year42/48€148,198€173,549▲ 17.1%
Current portion of amounts payable after more than one year42€141,905€145,877▲ 2.8%
Trade debts44€4,249€1,266▼ 70.2%
Suppliers440/4€4,249€1,266▼ 70.2%
Taxes, remuneration and social security45€2,044€16,406▲ 703%
Taxes450/3€2,044€16,406▲ 703%
Other amounts payable47/48-€10,000-
Accrued charges and deferred income492/3€32,356€32,080▼ 0.9%
Line20232024Change
Profit (loss) for the period9904-€12,878€357,289▲ 2,874%
+ Depreciation and write-downs630€21,550€18,238▼ 15.4%
Operating cash flow (approximation)€8,672€375,527▲ 4,230%
Investment in fixed assets (approximation)-€0-
Change in cash-€54,057-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €357,289
Net result €357,289 after one loss-making year.
31-12
Financial Equity above €200,000Eq €434,411 ▲399%
Equity rises from €87,122 to €434,411.
02-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are 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, Jabbeke · 1 establishment unit since 2022
seat establishment approximate The establishment unit on the map
Ground area
2,159 m²
Building footprint
427 m²
Volume, LiDAR
2,837 m³
Parcel 31012B0698/00C000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MITUTOR
Vlamingveld 39, 8490 JabbekeHoldings
since 20222.332.597.107
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31012B0698/00C000 Flanders 2,159 m² 1 · 427 m² 8.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 1

According to the 2024 annual accounts of MITUTOR and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 13,719 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-06-2022
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0787258730
Registered 05-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.