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Stal Mishagen

Active
Private limited companyfounded 2025active for 1 yearMishagen 60, 2930 Brasschaat, BelgiumKBO/BCE: BE 1021.041.497
Summary

Stal Mishagen has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13,413 and a net result of €8,413. Its solvency ranks better than 25% of 3,714 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 14-03-2025 Normal situation
Activity
Raising of horses and other equines NACE 01430
Establishment unit
2.371.327.128 2930 Brasschaat, since 14-03-2025
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Board

Financial position

84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€19,857
Turnover
≈ €74,000
estimated
Profit
€8,413
Equity
€13,413
Total assets
€153,820
Score breakdownraises riskFounded in 2025Equity €13,413 (8.7% of total assets)lowers riskSector: Crop and animal production, hunting and related service activities (NACE 01)Size: total assets €153,820Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 33% of micro companies in crop and animal production (NACE 01)
Financial strength
Weak
Solvency 34
equity 8.7% of total assets
Liquidity 17
short-term debt 91.3% · cash 13.9%
Profitability 76
return on assets 5.5%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (5,694 companies, NACE 01, micro)
Last 24 months 04-2026: 0.4% 05-2026: 0.5%▲ +0.1 percentage points vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026highest value 08-2026: 0.2%▼ -0.3 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.74, below 1. Short-term debt is 91.3% and cash 13.9% of total assets. 91.3% 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 01, micro). It does better than 22% of them on solvency, 14% on liquidity and 63% on profitability.

The bankruptcy probability was computed on 03-11-2026 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

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Crop and animal production, hunting and related service activities (NACE 01)
KBO
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €153,820
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €13,413 (8.7% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 3714 sector peers (2025).
NBB · sector comparison
Position among 3714 sector peers
Solvency
better than 25%
← weakest strongest →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
16 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Recent changes

  1. · Gazette deed IncorporationStarting capital €5,000 · Appointment: VERMEIREN André Maria Alfons (director)
All 2 events

Comparable companies

These companies have the same main activity as Stal Mishagen: raising of horses and other equines (NACE 01430). They are comparable in size and age: total assets between €86,800 and €186,000, founded between 2023 and 2025.

CompanyTotal assetsGross margin
Stal Mishagen Brasschaat€153,820€19,857
AUXEY DURESSES Mont-de-l'Enclus€166,503€13,203
TEAM d'HOGE RIELEN Kasterlee€185,546€41,557
Global Horse Partners Bonheiden€172,108€76,044
OG Horses Wuustwezel€86,838€35,564
Stal 't Bergske Kasterlee€151,652€22,982
K.L. STABLES Hamoir€136,150€54,931
Full comparison

Key facts about Stal Mishagen

What is the company number of Stal Mishagen?
The company number of Stal Mishagen is 1021.041.497. The VAT number is the same number with BE in front: BE 1021.041.497.
Where is Stal Mishagen based?
The registered office is at Mishagen 60, 2930 Brasschaat.Company details
What does Stal Mishagen do?
According to the KBO register, the main activity is raising of horses and other equines (NACE 01430).
What is the legal form of Stal Mishagen?
The legal form of Stal Mishagen is Private limited company (BV).
When was Stal Mishagen founded?
Stal Mishagen was founded on 14-03-2025.
Is Stal Mishagen still active?
Yes, Stal Mishagen is an active enterprise in the KBO register.
What is the turnover of Stal Mishagen?
The turnover in financial year 2025 is ≈ €74,000. This figure is estimated from the gross margin of €19,857 and 33 comparable companies (NACE 01). It probably lies between €35,000 and €170,000. It is a rough estimate.Financials
Is Stal Mishagen profitable?
In financial year 2025, Stal Mishagen made a profit of €8,413.
Where can I find the annual accounts of Stal Mishagen?
Stal Mishagen filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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