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Mivalti

Active
Non-profit associationfounded 1976active for 50 yearsGruuthusestraat 36, 8700 Tielt, BelgiumKBO/BCE: BE 0416.406.548

From the official registers: KBO 20 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Mivalti has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.1m and a net result of €470,626. Equity has been growing by about 7.2% per year since 2018. Its solvency ranks better than 50% of 601 sector peers (NACE 87, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 25-05-1976 Normal situation
Activity
Residential care activities NACE 87202
Establishment units
2.154.996.243 8700 Tielt, since 10-07-2006
2.344.536.520 8700 Tielt, since 01-04-2023
Financial year end
31 December
Peppol
Reachable since 18-03-2026

Board and ownership

Board
  • Dubaere PhilippeDirector · since 08-04-2013
  • Dusselier HélèneDirector · since 08-04-2013
  • Maes JanDirector · since 08-04-2013
  • Van Hulle StefaanDirector · since 08-04-2013
and 3 other directors
Auditor
VRC BEDRIJFSREVISOREN

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€1.7m
▲ 4.6%
Operating revenue
€13.5m
▲ 7.4%
Surplus
€470,626
▲ 26.9%
Equity
€8.1m
▲ 6.2%
Total assets
€16.0m
▲ 18.2%
Staff
134.9 FTE
▲ 1.4%
Filed on 16-06-2026, 45 days before the deadlinePDF
Score breakdownraises riskLiquidity: current ratio 2.13, cash €1.1mlowers riskLegal form: non-profit associationSector: Residential care activities (NACE 87)Founded in 1976Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 68% of medium-sized companies in residential care (NACE 87)
Financial strength · tick: 2024
Strong
Solvency 76-6
equity 50.8% of total assets
Liquidity 56=
short-term debt 14.7% · cash 6.9%
Profitability 82+1
return on assets 2.9%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (536 companies, NACE 87, medium-sized)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026lowest value 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026highest value 08-2026: < 0.1%● unchanged vs 07-2026highest value 09-2026: < 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%● unchanged vs 09-2026highest value
Credit of up to €160,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.13 (2.53 in 2024), above the usual 1.5. Short-term debt is 14.7% and cash 6.9% of total assets. 49.2% 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 87, medium-sized). It does better than 55% of them on solvency, 62% on liquidity, 88% on profitability and 67% 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

Five signals.
lowers riskraises riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Sector: Residential care activities (NACE 87)
KBO
raises risk · Liquidity: current ratio 2.13, cash €1.1m
NBB · annual accounts
lowers risk · Founded in 1976
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 days early
2024
37 days early
2023
43 days early
2022
54 days early
2021
45 days early
2020
39 days early
2019
41 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 32 days before the deadline. In the sector (NACE 87), the median for financial year 2024 was 27 days before the deadline, and 25% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 7 years of growth in a rowturnover 2025: €1.7m 7 years View
  • Positive: 2nd largest company by equity in Tielt, Health and social work sectorin the Checked rankings No. 2 View
  • Flemish supportawarded from 2022 to 2025 €11.8m View
  • Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
  • Positive: Result rose in 2025from €370,928 to €470,626 ▲ 26.9% View

Comparable companies

These companies have the same main activity as Mivalti: residential care activities (NACE 87202). They are comparable in size and age: total assets between €12m and €17m, founded between 1968 and 1983.

CompanyTotal assetsTurnover
Mivalti Tielt€16.0m€1.7m
Ons Tehuis-Brabant Kampenhout€14.2m€1.5m
Duinhelm Oostende€12.0m€1.3m
Kerckstede Staden€11.5m€2.1m
Martine Van Camp Diest€17.3m€1.7m
Huis in de Stad Tienen€13.4m€1.4m
Mozaïek vzw Gent€12.7m€1.3m
Full comparison

Documents

Annual accounts at the NBB

All 20 annual accounts

Articles and registers

Key facts about Mivalti

What is the company number of Mivalti?
The company number of Mivalti is 0416.406.548. The VAT number is the same number with BE in front: BE 0416.406.548.
Where is Mivalti based?
The registered office is at Gruuthusestraat 36, 8700 Tielt.Company details
What does Mivalti do?
According to the KBO register, the main activity is residential care activities (NACE 87202).
What is the legal form of Mivalti?
The legal form of Mivalti is Non-profit association (VZW).
When was Mivalti founded?
Mivalti was founded on 25-05-1976.
Is Mivalti still active?
Yes, Mivalti is an active enterprise in the KBO register.
How many employees does Mivalti have?
Mivalti had an average of 134.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Mivalti?
The turnover of Mivalti was €1.7m in financial year 2025, according to the filed annual accounts.
Is Mivalti profitable?
In financial year 2025, Mivalti made a profit of €470,626.
Where can I find the annual accounts of Mivalti?
Mivalti filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of Mivalti due?
Mivalti must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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