MYLECKE
ActiveSummary
MYLECKE has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69.54M and a net result of €3.81M. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 65% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability22▲+8
Solvency75▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 1.82 against 1.64 in 2024; short-term debt: 19.8% and cash: 0% of total assets), but 50.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.8%
Return on assets
2.7%
Age of the figures
13 mo
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 31-08-2025 was due by 31-03-2026 and was filed on 24-03-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
3 d early
2023
2 d early
2022
on the day
2021
on the day
2020
1 d early
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-08-2026 close24-09-2026 today31-03-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€69.54M▼ 6.0%
2024 · €73.94M
2018: €52.19M
2019: €57.43M
2020: €62.57M
2021: €71.71M
2022: €71.76M
2023: €71.77M
2024: €73.94M
2018 → 2025
Total assets
€139.51M▼ 7.2%
2024 · €150.37M
2018: €103.63M
2019: €108.63M
2020: €109.56M
2021: €130.84M
2022: €137.40M
2023: €140.11M
2024: €150.37M
2018 → 2025
Net result
€3.81M
2024 · €-6.04M
2018: €674k
2019: €5.24M
2020: €5.14M
2021: €9.14M
2022: €49k
2023: €8k
2024: €-6.04M
2018 → 2025
Working capital
€22.70M▲ 8.8%
2024 · €20.86M
2018: €-28.93M
2019: €-23.22M
2020: €-17.49M
2021: €665k
2022: €9.78M
2023: €-97k
2024: €20.86M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€71.71M-€71.76M▲ 0.1%€71.77M=€73.94M▲ 3.0%€69.54M▼ 6.0%
Operating result€302k-€489k▲ 62.0%€527k▲ 7.7%€-2.46M€-1.37M▲ 44.4%
Net result€9.14M-€49k▼ 99.5%€8k▼ 83.9%€-6.04M€3.81M
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.37M in 2025 against €2.46M in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €139.51M
Fixed assets
€89.13M ▼ 8.3%
Current assets
€50.39M ▼ 5.3%
Equity and liabilities €139.51M
Equity
€69.54M ▼ 6.0%
Debt
€69.98M ▼ 8.4%
Debt's share of the balance-sheet total falls from 50.8% to 50.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-1.15M▲
2024 · €-2.25M
Cash flow
€4.02M▲
2024 · €-5.83M
Current ratio
1.82▲
2024 · 1.64
Debt to equity
1.01▼
2024 · 1.03
ROE
5.5%▲
2024 · -8.2%
ROA
2.7%▲
2024 · -4.0%
Interest coverage
-0.19▲
2024 · -0.37
Debt ≤ 1 year
€27.69M▼
2024 · €32.36M
Debt > 1 year
€41.95M▼
2024 · €43.83M
Income taxes
€819▼
2024 · €261k
Staff costs
€224k▼
2024 · €226k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 62 lines
Balance sheet
Code20242025
Assets
Total assets20/58€150.37M€139.51M▼
Fixed assets21/28€97.15M€89.13M▼
Tangible fixed assets22/27€2.44M€2.23M▼
Land and buildings22€2.41M€2.20M▼
Furniture and vehicles24€3k€9k▲
Other tangible fixed assets26€24k€24k=
Financial fixed assets28€94.71M€86.89M▼
Current assets29/58€53.22M€50.39M▼
Amounts receivable within one year40/41€40.33M€40.00M▼
Trade receivables40€1.52M€1.71M▲
Other amounts receivable41€38.81M€38.29M▼
Current investments50/53€12.00M€10.11M▼
Cash at bank and in hand54/58€4k€14k▲
Deferred charges and accrued income490/1€889k€259k▼
Equity and liabilities
Total equity and liabilities10/49€150.37M€139.51M▼
Equity10/15€73.94M€69.54M▼
Contributions10/11€52.84M€52.84M=
Capital10€52.84M€52.84M=
Issued capital100€52.84M€52.84M=
Revaluation surpluses12€8.21M€0▼
Reserves13€18.94M€18.94M=
Non-distributable reserves130/1€947k€947k=
Legal reserve130€947k€947k=
Distributable reserves133€17.99M€17.99M=
Profit (loss) carried forward14€-6.04M€-2.23M▲
Amounts payable17/49€76.43M€69.98M▼
Amounts payable after more than one year17€43.83M€41.95M▼
Financial debts170/4€43.83M€41.95M▼
Amounts payable within one year42/48€32.36M€27.69M▼
Financial debts43€19.29M€16.53M▼
Credit institutions430/8€12.42M€9.95M▼
Other loans439€6.87M€6.57M▼
Trade debts44€818k€1.08M▲
Suppliers440/4€818k€1.08M▲
Taxes, remuneration and social security45€49k€109k▲
Taxes450/3€2k€3k▲
Remuneration and social security454/9€47k€106k▲
Other amounts payable47/48€12.21M€9.98M▼
Accrued charges and deferred income492/3€239k€332k▲
Income statement
Code20242025
Non-recurring operating income76A-€29k
Remuneration, social security and pensions62€226k€224k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€214k€214k=
Other operating charges640/8€920k€21k▼
Non-recurring operating charges66A€290k€18k▼
Gross operating margin9900€-810k€-890k▼
Operating profit (loss)9901€-2.46M€-1.37M▲
Financial income75/76B€2.94M€11.30M▲
Recurring financial income75€2.69M€3.09M▲
Non-recurring financial income76B€250k€8.21M▲
Financial charges65/66B€6.26M€6.12M▼
Recurring financial charges65€6.01M€6.12M▲
Non-recurring financial charges66B€250k€0▼
Profit (loss) for the period before taxes9903€-5.78M€3.81M▲
Income taxes67/77€261k€819▼
Profit (loss) for the period9904€-6.04M€3.81M▲
Profit (loss) for the period to be appropriated9905€-6.04M€3.81M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6.04M€-2.23M▲
Profit (loss) brought forward from the previous period14P-€-6.04M
Transfer to equity691/2€0-
To the legal reserve6920€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)90875.04.4▼
The notes to these accounts (24 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
State Gazette act
General meeting · Registered-office move
Director resignation · Director discharge · Peter Timmermans
03-08
State Gazette act
General meeting · Name change
Registered-office move · Purpose change · Peter Timmermans
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-08
Financial
Back to profitnet €3.81M
Net result €3.81M after one loss-making year.
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-08
Financial
Weakest financial yearnet €-6.04M ▼76710%
Net result drops to €-6.04M, the lowest in the series; recovery starts the following year.
23-05
State Gazette act
Merger · Accounting effect
Capital · Corporate purpose
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-04
State Gazette act
Merger · Capital
Corporate purpose · Board composition
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
02-09
State Gazette act
General meeting · Capital increase
Capital · Corporate purpose · Jean VINCKE
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Show earlier events
2021
31-08
Financial
Highest result since 2018net €9.14M ▲78%
Net result €9.14M, the highest in the series.
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
06-01
State Gazette act
Merger · Capital
Corporate purpose · Accounting effect
06-01
State Gazette act
Merger · Capital
Corporate purpose · Accounting effect
06-01
State Gazette act
Merger · Capital
Corporate purpose · Accounting effect
2019
18-12
State Gazette act
General meeting · Statutes amendment
Capital decrease · Capital · Vincent Vroninks
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-10
State Gazette act
General meeting · Capital increase
Share issue · Capital
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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-Martens-Latem · 2 establishment units since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kortrijksesteenweg 489830 Sint-Martens-LatemGround area
9,101 m²
Building footprint
1,688 m²
Volume, LiDAR
4,855 m³
2 parcels, Flanders · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
MYLECKE
since 20072.166.403.938
MYLECKE
since 20192.295.977.924
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44064B0246/00F000 | Flanders | 7,043 m² | 1 · 1,509 m² | 13.4 m · 1 fl. |
| 45017B1280/00M000 | Flanders | 2,058 m² | 1 · 179 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Recognitions · licences · registrations
Legal Entity Identifier
96760027ZBNYDKSRKQ63
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Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 280 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-10-2007
Fiscal year end31-08
Activities, NACEBEL 2025
68121Development of residential building projects
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:caroline@lifetreegroup.be