MYTE
ActiveSummary
The computed 12-month bankruptcy probability of MYTE is 3.6% (moderate). The 2024 annual accounts show equity of €33,355 and a net result of -€7,298. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 90% of 6718 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability50▼-17
Solvency100▲+2
Growth68▼-17
Track record100
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 3.8 against 2.27 in 2023; short-term debt: 14.8% and cash: 46.1% of total assets), and 14.8% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
85.2%
Return on assets
-18.6%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€7,298
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-10-2025, 63 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
63 d late
2023
212 d late
2022
101 d late
2021
89 d late
2020
83 d late
2019
56 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 101 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€126,746▲ 1,335%
2018 · €8,831
EBIT margin
11.1%▲ 27.1pp
2018 · -16.0%
Net result
-€7,298▼ 1,041%
2023 · -€640
Working capital
€16,192▼ 1.0%
2023 · €16,348
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 49, Land transport and transport via pipelines, 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
Turnover€126,746
Operating result-€6,695▼ 39.1%€13,562€14,122▲ 4.1%-€2,342-€6,906▼ 195%
Net result€3,406within the sector's middle half€15,914within the sector's middle half▲ 367%€10,197within the sector's middle half▼ 35.9%-€640within the sector's middle half-€7,298below the sector's middle half▼ 1,041%
EBIT margin11.1%
Equity€15,182below the sector's middle half▲ 28.9%€31,096below the sector's middle half▲ 105%€41,293within the sector's middle half▲ 32.8%€40,654within the sector's middle half▼ 1.5%€33,355within the sector's middle half▼ 18.0%
Total assets€19,263below the sector's middle half▲ 24.7%€56,086below the sector's middle half▲ 191%€57,463within the sector's middle half▲ 2.5%€55,378within the sector's middle half▼ 3.6%€39,140below the sector's middle half▼ 29.3%
Debt€4,081▲ 11.3%€24,990▲ 512%€16,170▼ 35.3%€14,725▼ 8.9%€5,784▼ 60.7%
Working capital€3,779within the sector's middle half€5,217within the sector's middle half▲ 38.0%€22,921within the sector's middle half▲ 339%€16,348within the sector's middle half▼ 28.7%€16,192within the sector's middle half▼ 1.0%
Solvency78.8%above the sector's middle half▲ 2.6pp55.4%within the sector's middle half▼ 23.4pp71.9%above the sector's middle half▲ 16.4pp73.4%above the sector's middle half▲ 1.6pp85.2%above the sector's middle half▲ 11.8pp
Current ratio2.12within the sector's middle half▲ 1.701.22within the sector's middle half▼ 0.902.79above the sector's middle half▲ 1.572.27within the sector's middle half▼ 0.523.80above the sector's middle half▲ 1.53
Return on assets (ROA)17.7%above the sector's middle half▲ 49.4pp28.4%above the sector's middle half▲ 10.7pp17.7%above the sector's middle half▼ 10.6pp-1.2%within the sector's middle half▼ 18.9pp-18.6%below the sector's middle half▼ 17.5pp
above
within
below
the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6,906 in 2024 against €2,342 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €39,140
Fixed assets
€17,164 ▼ 34.4%
Current assets
€21,976 ▼ 24.8%
Equity and liabilities €39,140
Equity
€33,355 ▼ 18.0%
Debt
€5,784 ▼ 60.7%
Debt's share of the balance-sheet total falls from 26.6% to 14.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€2,082▼
2023 · €5,070
Cash flow
€1,690▼
2023 · €6,772
Debt to equity
0.17▼
2023 · 0.36
ROE
-21.9%▼
2023 · -1.6%
Interest coverage
34.23▼
2023 · 41.89
Debt ≤ 1 year
€5,784▼
2023 · €12,878
Income taxes
€331▲
2023 · €1
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,592 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
3.0%
went bankrupt
9.5%
stopped otherwise
87%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.6% 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 3,592 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 |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | €126,746 | - | - | - |
| Non-recurring operating income76A | - | - | - | €1,820 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €105,589 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,913 | €2,808 | €5,457 | €7,412 | €8,989 | ▲ 21.3% |
| Other operating charges640/8 | - | €1,376 | €1,577 | €2,405 | €640 | ▼ 73.4% |
| Gross operating margin9900 | -€2,744 | €17,746 | €21,156 | €7,475 | €2,722 | ▼ 63.6% |
| Operating profit (loss)9901 | -€6,695 | €13,562 | €14,122 | -€2,342 | -€6,906 | ▼ 195% |
| Financial income75/76B | - | €3,667 | - | €1,824 | - | - |
| Recurring financial income75 | €248 | €3,667 | - | €4 | - | - |
| Non-recurring financial income76B | - | €3,667 | - | €1,820 | - | - |
| Financial charges65/66B | - | €151 | €173 | €121 | €61 | ▼ 49.7% |
| Recurring financial charges65 | €147 | €151 | €173 | €121 | €61 | ▼ 49.7% |
| Non-recurring financial charges66B | - | - | - | €121 | - | - |
| Profit (loss) for the period before taxes9903 | €3,406 | €17,078 | €13,949 | -€639 | -€6,967 | ▼ 991% |
| Income taxes67/77 | - | €1,165 | €3,752 | €1 | €331 | ▲ 43,466% |
| Profit (loss) for the period9904 | €3,406 | €15,914 | €10,197 | -€640 | -€7,298 | ▼ 1,041% |
| Profit (loss) for the period to be appropriated9905 | €3,406 | €15,914 | €10,197 | -€640 | -€7,298 | ▼ 1,041% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €19,263 | €56,086 | €57,463 | €55,378 | €39,140 | ▼ 29.3% |
| Fixed assets21/28 | €12,101 | €27,193 | €21,737 | €26,152 | €17,164 | ▼ 34.4% |
| Intangible fixed assets21 | €11,553 | €9,870 | €8,186 | €6,625 | €5,125 | ▼ 22.6% |
| Tangible fixed assets22/27 | €548 | €17,324 | €13,551 | €19,427 | €11,939 | ▼ 38.5% |
| Furniture and vehicles24 | - | €17,324 | €13,551 | €19,427 | €11,939 | ▼ 38.5% |
| Financial fixed assets28 | - | - | - | €100 | €100 | = |
| Current assets29/58 | €7,162 | €28,893 | €35,726 | €29,226 | €21,976 | ▼ 24.8% |
| Amounts receivable within one year40/41 | €3,301 | €3,573 | €5,592 | €12,008 | €3,942 | ▼ 67.2% |
| Trade receivables40 | - | €771 | €2,187 | €7,774 | - | - |
| Other amounts receivable41 | - | €2,802 | €3,405 | €4,234 | €3,942 | ▼ 6.9% |
| Cash at bank and in hand54/58 | €3,861 | €25,320 | €28,617 | €17,219 | €18,034 | ▲ 4.7% |
| Deferred charges and accrued income490/1 | - | - | €1,518 | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €19,263 | €56,086 | €57,463 | €55,378 | €39,140 | ▼ 29.3% |
| Equity10/15 | €15,182 | €31,096 | €41,293 | €40,654 | €33,355 | ▼ 18.0% |
| Contributions10/11 | €18,100 | €18,100 | €18,100 | €18,100 | €18,100 | = |
| Capital10 | - | €18,100 | €18,100 | €18,100 | - | - |
| Issued capital100 | - | €18,600 | €18,600 | €18,600 | - | - |
| Uncalled capital101 | - | €500 | €500 | €500 | - | - |
| Outside capital11 | - | - | - | - | €18,100 | - |
| Other1109/19 | - | - | - | - | €18,100 | - |
| Reserves13 | - | €646 | €1,156 | €1,156 | €1,156 | = |
| Non-distributable reserves130/1 | - | €646 | €1,156 | €1,156 | - | - |
| Legal reserve130 | - | €646 | €1,156 | €1,156 | - | - |
| Distributable reserves133 | - | - | - | - | €1,156 | - |
| Profit (loss) carried forward14 | -€2,918 | €12,350 | €22,038 | €21,398 | €14,100 | ▼ 34.1% |
| Amounts payable17/49 | €4,081 | €24,990 | €16,170 | €14,725 | €5,784 | ▼ 60.7% |
| Amounts payable within one year42/48 | €3,383 | €23,676 | €12,805 | €12,878 | €5,784 | ▼ 55.1% |
| Trade debts44 | €1,573 | €2,801 | €7,811 | €9,204 | €1,169 | ▼ 87.3% |
| Suppliers440/4 | - | €2,801 | €7,811 | €9,204 | €1,169 | ▼ 87.3% |
| Taxes, remuneration and social security45 | - | €1,165 | €3,675 | €3,674 | €4,197 | ▲ 14.3% |
| Taxes450/3 | - | €1,165 | €3,675 | €3,674 | €4,197 | ▲ 14.3% |
| Other amounts payable47/48 | - | €19,709 | €1,319 | - | €418 | - |
| Accrued charges and deferred income492/3 | - | €1,315 | €3,365 | €1,847 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,406 | €15,914 | €10,197 | -€640 | -€7,298 | ▼ 1,041% |
| + Depreciation and write-downs630 | €1,913 | €2,808 | €5,457 | €7,412 | €8,989 | ▲ 21.3% |
| Operating cash flow (approximation) | €5,318 | €18,721 | €15,654 | €6,772 | €1,690 | ▼ 75.0% |
| Investment in fixed assets (approximation) | - | -€17,900 | €0 | -€11,827 | €0 | ▲ 100% |
| Change in cash | - | €21,459 | €3,297 | -€11,398 | €816 | ▲ 107% |
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
2025
02-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 63 days late
28-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 212 days late
2024
31-12
Financial
Weakest financial yearnet -€7,298
Net result drops to -€7,298, the lowest in the series.
2023
09-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 101 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 2.79
Current ratio from 1.22 to 2.79; short-term debt falls from €23,676 to €12,805.
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 89 days late
2021
31-12
Financial
Highest result since 2018net €15,914 ▲367%
Net result €15,914, the highest in the series.
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 83 days late
2020
31-12
Financial
Back to profitnet €3,406
Net result €3,406 after 2 loss-making years.
31-12
Financial
Liquidity times 5current ratio 2.12
Current ratio from 0.41 to 2.12; short-term debt falls from €3,468 to €3,383.
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 56 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2018
Ground area
801 m²
Building footprint
441 m²
Volume, LiDAR
8,413 m³
Parcel 21562A0329/00R012, Brussels · tallest building 22.6 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
MYTE
since 20182.284.420.571
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0329/00R012 | Brussels | 801 m² | 1 · 441 m² | 22.6 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.
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Of 6,969 companies in sector 49320 we hold annual accounts for 2,716. 2,202 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
Founded24-05-2018
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47812Retail trade
95313Repair and fitting of specific motor vehicle parts
46180Agents specialised in the wholesale of other particular products
46713Wholesale trade
46720Wholesale of motor vehicle parts and accessories
46730Wholesale trade
47300Retail sale of automotive fuel
71201Architectural and engineering activities; technical testing and analysis
Contact
E-mail
ABDELDY@HOTMAIL.COMSint-Gillis (bij-Brussel)
Phone
0499895218Sint-Gillis (bij-Brussel)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0696766638
Also
9925:BE0696766638
Registered
26-12-2025
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.