S.D. MISECA
ActiveThe computed 12-month bankruptcy probability of S.D. MISECA is 4.1% (elevated). The 2025 annual accounts show equity of €35k and a net result of €14k. Equity is growing by ~23.7% per year across the filed fiscal years. Its solvency ranks better than 63% of 13009 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
94
/ 100
Excellent▲ +11 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency90▲+20
Growth78=
Stability100
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.37 against 2.05 in 2024), but 54.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
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
45.7%
Return on assets
18.5%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 6 filingsDeviation from the deadline
2025
28 d late
2024
22 d late
2023
31 d late
2022
24 d late
2021
29 d late
2020
28 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€35k▲ 68.1%
2024 · €21k
2020: €12k
2021: €16k
2022: €6k
2023: €14k
2024: €21k
2020 → 2025
Total assets
€76k▲ 12.7%
2024 · €67k
2020: €71k
2021: €54k
2022: €87k
2023: €48k
2024: €67k
2020 → 2025
Net result
€14k▲ 102%
2024 · €7k
2020: €-8k
2021: €4k
2022: €-10k
2023: €8k
2024: €7k
2020 → 2025
Working capital
€42k▲ 27.6%
2024 · €33k
2020: €4k
2021: €7k
2022: €138
2023: €10k
2024: €33k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€16k-€6k▼ 63.6%€14k▲ 141%€21k▲ 51.0%€35k▲ 68.1%
Operating result€6k-€-7k€15k€14k▼ 7.2%€24k▲ 69.9%
Net result€4k-€-10k€8k€7k▼ 12.9%€14k▲ 102%
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 2025; 2025 is 70% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76k
Fixed assets
€3k▲ 2.6%
Current assets
€73k▲ 13.1%
Equity and liabilities €76k
Equity
€35k▲ 68.1%
Debt
€41k▼ 11.8%
The debt ratio falls from 69.3% to 54.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€25k▲
2024 · €15k
Cash flow
€15k▲
2024 · €9k
Solvency
45.7%▲
2024 · 30.7%
Current ratio
2.37▲
2024 · 2.05
Quick ratio
2.14▲
2024 · 1.81
Debt / equity
1.19▼
2024 · 2.26
ROE
40.5%▲
2024 · 33.8%
ROA
18.5%▲
2024 · 10.4%
Interest coverage
13.82▲
2024 · 13.11
Debt
€41k▼
2024 · €47k
Debt ≤ 1 year
€31k▼
2024 · €31k
Debt > 1 year
€10k▼
2024 · €15k
Income taxes
€8k▲
2024 · €6k
Staff costs
€8k▲
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€67k€76k▲
Fixed assets21/28€3k€3k▲
Tangible fixed assets22/27€3k€3k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24-€764
Financial fixed assets28€150€150=
Current assets29/58€65k€73k▲
Stocks and contracts in progress3€8k€7k▼
Stocks30/36€8k€7k▼
Amounts receivable within one year40/41€29k€38k▲
Trade receivables40-€8k
Other amounts receivable41€29k€30k▲
Current investments50/53€5k€5k=
Cash at bank and in hand54/58€21k€21k=
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€67k€76k▲
Equity10/15€21k€35k▲
Contributions10/11€20k€20k=
Reserves13€14k€28k▲
Distributable reserves133€14k€28k▲
Profit (loss) carried forward14€-13k€-13k▲
Amounts payable17/49€47k€41k▼
Amounts payable after more than one year17€15k€10k▼
Financial debts170/4€15k€10k▼
Amounts payable within one year42/48€31k€31k▼
Current portion of amounts payable after more than one year42€4k€5k▲
Trade debts44€14k€9k▼
Suppliers440/4€14k€9k▼
Taxes, remuneration and social security45€13k€17k▲
Taxes450/3€13k€15k▲
Remuneration and social security454/9€181€3k▲
Income statement
Code20242025
Non-recurring operating income76A€12k-
Remuneration, social security and pensions62€6k€8k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€901€476▼
Gross operating margin9900€24k€35k▲
Operating profit (loss)9901€14k€24k▲
Financial income75/76B€392€535▲
Recurring financial income75€392€535▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€13k€22k▲
Income taxes67/77€6k€8k▲
Profit (loss) for the period9904€7k€14k▲
Profit (loss) for the period to be appropriated9905€7k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€668▲
Profit (loss) brought forward from the previous period14P€-14k€-13k▲
Transfer to equity691/2€7k€14k▲
To other reserves6921€7k€14k▲
The notes to these accounts (7 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Highest result since 2020net €14k ▲102%
Operating result €24k, net result €14k, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Weakest financial yearnet €-10k ▼375%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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-Pieters-Leeuw · 2 establishment units since 2019
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.
Galgstraat 21600 Sint-Pieters-LeeuwGround area
134 m²
Building footprint
92 m²
Volume, LiDAR
749 m³
Parcel 23582E0126/00A004, Flanders · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
BELLA PIZZA
since 20192.290.733.489
S.D. MISECA
since 20192.290.733.687
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23582E0126/00A004 | Flanders | 134 m² | 1 · 92 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Ruben
BE 0729.821.664
Tienen · Eq €35k
M84U
BE 0775.876.769
Zoutleeuw · Eq €35k
LE MEKTOUB
BE 0450.558.169
Sint-Pieters-Leeuw · Eq €35k
GERO Foodservices
BE 0457.060.832
Lokeren · Eq €35k
Surf en Bite
BE 1013.066.416
Koksijde · Eq €35k
Of 20,234 companies in sector 56111 we hold annual accounts for 11,308. 9,480 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-06-2019
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
46423Wholesale of clothing, excluding workwear and underwear
46425Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.