MITZLAVV
ActiveSummary
MITZLAVV has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €112,153 and a net result of €41,828. Equity is growing by ~4.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+28
Solvency100=
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 3.62 against 3.15 in 2023; short-term debt: 23.3% and cash: 77.4% of total assets), and 23.3% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
42 d early
2023
42 d early
2022
38 d early
2021
44 d early
2020
43 d early
2019
42 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 42 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% 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 19 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€112,153▲ 59.5%
2023 · €70,325
Total assets
€146,304▲ 59.0%
2023 · €92,010
Net result
€41,828▲ 1,767%
2023 · €2,240
Working capital
€89,554▲ 91.9%
2023 · €46,676
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€12,598▼ 241%€3,176€4,270▲ 34.4%€2,626▼ 38.5%€46,433▲ 1,668%
Net result-€13,294below the sector's middle half▼ 235%€2,532within the sector's middle half€3,927within the sector's middle half▲ 55.1%€2,240within the sector's middle half▼ 43.0%€41,828above the sector's middle half▲ 1,767%
Equity€61,627within the sector's middle half▼ 17.7%€64,159within the sector's middle half▲ 4.1%€68,085within the sector's middle half▲ 6.1%€70,325within the sector's middle half▲ 3.3%€112,153above the sector's middle half▲ 59.5%
Total assets€117,070within the sector's middle half▼ 3.7%€88,986within the sector's middle half▼ 24.0%€81,234within the sector's middle half▼ 8.7%€92,010within the sector's middle half▲ 13.3%€146,304within the sector's middle half▲ 59.0%
Debt€55,443▲ 18.8%€24,828▼ 55.2%€13,148▼ 47.0%€21,685▲ 64.9%€34,151▲ 57.5%
Working capital€42,292within the sector's middle half▼ 8.3%€29,745within the sector's middle half▼ 29.7%€37,398within the sector's middle half▲ 25.7%€46,676within the sector's middle half▲ 24.8%€89,554above the sector's middle half▲ 91.9%
Solvency52.6%within the sector's middle half▼ 9.0pp72.1%above the sector's middle half▲ 19.5pp83.8%above the sector's middle half▲ 11.7pp76.4%above the sector's middle half▼ 7.4pp76.7%above the sector's middle half▲ 0.2pp
Current ratio1.77within the sector's middle half▼ 0.222.20within the sector's middle half▲ 0.433.84above the sector's middle half▲ 1.653.15within the sector's middle half▼ 0.693.62within the sector's middle half▲ 0.47
Return on assets (ROA)-11.4%below the sector's middle half▼ 8.1pp2.8%within the sector's middle half▲ 14.2pp4.8%within the sector's middle half▲ 2.0pp2.4%within the sector's middle half▼ 2.4pp28.6%above the sector's middle half▲ 26.2pp
above
within
below
the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 1,668% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €146,304
Fixed assets
€22,600 ▼ 4.4%
Current assets
€123,705 ▲ 81.0%
Equity and liabilities €146,304
Equity
€112,153 ▲ 59.5%
Debt
€34,151 ▲ 57.5%
Debt's share of the balance-sheet total falls from 23.6% to 23.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€53,246▲
2023 · €9,664
Cash flow
€48,641▲
2023 · €9,278
Debt to equity
0.30▼
2023 · 0.31
ROE
37.3%▲
2023 · 3.2%
Interest coverage
169.70▲
2023 · 25.04
Debt ≤ 1 year
€34,151▲
2023 · €21,685
Income taxes
€4,291
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,371 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,133 | €4,952 | €6,971 | €7,038 | €6,813 | ▼ 3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €0 | -€17,183 | €0 | €3,400 | - |
| Other operating charges640/8 | - | €3,029 | €17,870 | €4,731 | €743 | ▼ 84.3% |
| Gross operating margin9900 | €3,635 | €11,158 | €11,928 | €14,395 | €57,389 | ▲ 299% |
| Operating profit (loss)9901 | -€12,598 | €3,176 | €4,270 | €2,626 | €46,433 | ▲ 1,668% |
| Financial income75/76B | - | €0 | €0 | €0 | €0 | ▼ 100% |
| Recurring financial income75 | €218 | €0 | €0 | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | €645 | €343 | €386 | €314 | ▼ 18.7% |
| Recurring financial charges65 | €914 | €645 | €343 | €386 | €314 | ▼ 18.7% |
| Profit (loss) for the period before taxes9903 | -€13,294 | €2,532 | €3,927 | €2,240 | €46,120 | ▲ 1,959% |
| Income taxes67/77 | - | - | - | - | €4,291 | - |
| Profit (loss) for the period9904 | -€13,294 | €2,532 | €3,927 | €2,240 | €41,828 | ▲ 1,767% |
| Profit (loss) for the period to be appropriated9905 | -€13,294 | €2,532 | €3,927 | €2,240 | €41,828 | ▲ 1,767% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €117,070 | €88,986 | €81,234 | €92,010 | €146,304 | ▲ 59.0% |
| Fixed assets21/28 | €19,659 | €34,413 | €30,688 | €23,649 | €22,600 | ▼ 4.4% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €19,659 | €34,413 | €30,688 | €23,649 | €22,600 | ▼ 4.4% |
| Plant, machinery and equipment23 | - | €360 | €209 | €58 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €0 | - | - | €1,607 | - |
| Other tangible fixed assets26 | - | €34,053 | €30,479 | €23,592 | €20,992 | ▼ 11.0% |
| Current assets29/58 | €97,410 | €54,573 | €50,546 | €68,361 | €123,705 | ▲ 81.0% |
| Stocks and contracts in progress3 | €12,282 | €0 | - | - | - | - |
| Stocks30/36 | - | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €13,639 | €10,885 | €17,833 | €20,213 | €10,112 | ▼ 50.0% |
| Trade receivables40 | - | €9,415 | €14,224 | €20,213 | €9,395 | ▼ 53.5% |
| Other amounts receivable41 | - | €1,470 | €3,609 | €0 | €718 | - |
| Cash at bank and in hand54/58 | €63,456 | €43,688 | €32,549 | €48,090 | €113,196 | ▲ 135% |
| Deferred charges and accrued income490/1 | - | €0 | €164 | €58 | €396 | ▲ 583% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €117,070 | €88,986 | €81,234 | €92,010 | €146,304 | ▲ 59.0% |
| Equity10/15 | €61,627 | €64,159 | €68,085 | €70,325 | €112,153 | ▲ 59.5% |
| Contributions10/11 | - | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Reserves13 | €5,000 | €5,000 | €5,000 | €5,000 | €46,000 | ▲ 820% |
| Non-distributable reserves130/1 | - | €5,000 | €5,000 | €0 | - | - |
| Reserves not available under the articles1311 | - | €5,000 | €5,000 | €0 | - | - |
| Distributable reserves133 | - | - | - | €5,000 | €46,000 | ▲ 820% |
| Profit (loss) carried forward14 | €6,627 | €9,159 | €13,085 | €15,325 | €16,153 | ▲ 5.4% |
| Amounts payable17/49 | €55,443 | €24,828 | €13,148 | €21,685 | €34,151 | ▲ 57.5% |
| Amounts payable within one year42/48 | €55,118 | €24,828 | €13,148 | €21,685 | €34,151 | ▲ 57.5% |
| Trade debts44 | €557 | €8,111 | €1,008 | €1,319 | €4,422 | ▲ 235% |
| Suppliers440/4 | - | €8,111 | €1,008 | €1,319 | €4,422 | ▲ 235% |
| Taxes, remuneration and social security45 | - | €6,424 | €3,570 | €4,256 | €7,943 | ▲ 86.6% |
| Taxes450/3 | - | €4,695 | €1,822 | €2,466 | €6,124 | ▲ 148% |
| Remuneration and social security454/9 | - | €1,729 | €1,748 | €1,790 | €1,820 | ▲ 1.6% |
| Other amounts payable47/48 | - | €10,292 | €8,571 | €16,110 | €21,785 | ▲ 35.2% |
| Accrued charges and deferred income492/3 | - | €0 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,294 | €2,532 | €3,927 | €2,240 | €41,828 | ▲ 1,767% |
| + Depreciation and write-downs630 | €9,133 | €4,952 | €6,971 | €7,038 | €6,813 | ▼ 3.2% |
| Operating cash flow (approximation) | -€4,161 | €7,484 | €10,897 | €9,278 | €48,641 | ▲ 424% |
| Investment in fixed assets (approximation) | - | -€19,706 | -€3,245 | €0 | -€5,763 | - |
| Change in cash | - | -€19,768 | -€11,139 | €15,541 | €65,106 | ▲ 319% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €41,828 ▲1,767%
Operating result €46,433, net result €41,828, both a record.
31-12
Financial
Equity above €100,000Eq €112,153 ▲59.5%
4 profitable years in a row build equity to €112,153.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €2,532
Net result €2,532 after 3 loss-making years.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Antwerpen · 1 establishment unit since 2001
Ground area
289 m²
Building footprint
145 m²
Volume, LiDAR
2,212 m³
Parcel 11806F1317/00M009, Flanders · tallest building 19.5 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Marialei 18, 2018 Antwerpen
since 20012.116.624.627
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11806F1317/00M009 | Flanders | 289 m² | 1 · 145 m² | 19.5 m · 6 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.
Similar companies · same sector, comparable size
Bram NELIS
BE 0862.483.814
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MOMBAERTS - VANDEBROEK
BE 0438.781.973
Leuven · Eq €112,564
SISERA
BE 0898.706.879
Mechelen · Eq €111,066
SIM OFFICE
BE 0869.595.102
Nivelles · Eq €113,264
Boonen Design Studio
BE 0864.548.528
Hasselt · Eq €113,584
Of 3,835 companies in sector 74111 we hold annual accounts for 1,006. 786 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
Founded05-10-2001
Fiscal year end31-12
Activities, NACEBEL 2025
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
46423Wholesale of clothing, excluding workwear and underwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0475787869
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.