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MIBRO PROJECTS

Active
Private limited company·Schilderen van gebouwen· 3 yrs active
Massemsesteenweg 206 ·9230 Wetteren, Belgium
KBO/BCE: BE 0792.273.432
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Age3 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of MIBRO PROJECTS is 2.6% (moderate). The 2025 annual accounts show equity of €37k and a net result of €6k. Its solvency ranks better than 35% of 2873 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Signals

1 signal · with evidence
Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-09-2025, 37 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-03. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-03-2025, that is 31-10-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-03-2025 31-10-2025 24-09-2025 37 d early 2025-00515401
31-03-2024 31-10-2024 25-09-2024 36 d early 2024-00472831

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.6% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€459k+6.0%
EBIT margin3.4%-6.9pp
Net result€6k-79.9%
Working capital€23k+2306.0%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 24-09-2025 with the NBB · fiscal year 2025 · micro
€0€200k€400kRevenue 2024: €433k€433kOperating result 2024: €45k€45kNet result 2024: €29k€29kRevenue 2025: €459k€459kOperating result 2025: €16k€16kNet result 2025: €6k€6k20242025
RevenueOperating resultNet result
Sector comparison
Fiscal year 2025 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 29.4% 43.4%
better than 35% of 2873 sector peers
Net result €6k €13k
better than 34% of 2872 sector peers
Equity €37k €44k
better than 44% of 2873 sector peers
Gross operating margin €54k €39k
better than 60% of 2870 sector peers
Total assets €127k €115k
better than 54% of 2873 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€459k
+6.0% 24-25
EBITDA
€53k
-25.7% 24-25
Net profit
€6k
-79.9% 24-25
Cash flow
€43k
-21.8% 24-25
Total assets
€127k
-11.0% 24-25
Equity
€37k
+18.2% 24-25
Working capital
€23k
+2306.0% 24-25
Income taxes
€2k
-68.5% 24-25
Debt
€89k
-19.3% 24-25
Debt ≤ 1y
€53k
-1.6% 24-25
Debt > 1y
€36k
-36.2% 24-25
Current ratio
1.44
+41.3% 24-25
Quick ratio
1.44
+41.3% 24-25
Solvency
29.4%
+32.7% 24-25
Debt / equity
2.40
-31.7% 24-25
ROE
15.4%
-83.0% 24-25
ROA
4.5%
-77.5% 24-25
Net margin
1.2%
-81.1% 24-25
EBITDA margin
11.5%
-29.9% 24-25
Interest coverage
6.46
-15.9% 24-25
Figures by fiscal year
Fiscal year2025
Depositmicro
Revenue€459k
EBITDA€53k
Net profit€6k
Cash flow€43k
Staff costs-
Income taxes€2k
Dividends-
Total assets€127k
Equity€37k
Debt€89k
of which ≤ 1y€53k
of which > 1y€36k
Working capital€23k
Employees (FTE)-
Ratios (computed)
2025
Current ratio1.44
Quick ratio1.44
Working capital ratio18.5%
Solvency29.4%
Debt / equity2.40
Long-term debt ratio0.97
Interest coverage6.46
Gross margin11.7%
Net margin1.2%
ROA4.5%
ROE15.4%
EBITDA margin11.5%
Days sales outstanding20d
Days payable outstanding15d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€127k
Fixed assets 21/28€50k
Tangible fixed assets 22/27€48k
Financial fixed assets 28€2k
Current assets 29/58€77k
Amounts receivable within one year 40/41€41k
Cash & bank 54/58€35k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€127k
Equity 10/15€37k
Contributions / capital 10/11€3k
Accumulated profits (losses) 14€34k
Amounts payable 17/49€89k
Amounts payable after one year 17€36k
Amounts payable within one year 42/48€53k
Trade debts payable within one year 44€16k
Income statement
Turnover 70€459k
Gross operating margin 9900€54k
Operating result 9901€16k
Financial income 75€500
Financial charges 65€8k
Result before taxes 9903€8k
Income taxes 67/77€2k
Net result for the period 9904€6k
Result to be appropriated 9905€6k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
86 / 100 Excellent
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Massemsesteenweg 2069230 Wetteren

Establishment units

1 location
MIBRO PROJECTS SRL
Massemsesteenweg 206, 9230 WetterenBouw van autowegen en andere wegen
since 20222.337.000.610
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area492 m²
Buildings1
Building footprint138 m²
Volume (LiDAR)588 m³
Tallest building9.1 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42012A0076/00W004 Flanders 491 m² 1 · 138 m² 9.1 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health86Profitability55Solvency56Growth53Stability94
69 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 86
Profitability 55
Solvency 56
Growth 53
Stability 94

Ask AI about this company

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Comparable size, same sector

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Schilderen van gebouwen43341Schilderen van gebouwen43341Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Overige reiniging van gebouwen; industriële reiniging81220Overige reiniging van gebouwen; industriële reiniging81220
Primary activity highlighted.
Names & trade names
Legal nameNL MIBRO PROJECTS
Registered office
Massemsesteenweg 206
9230 Wetteren, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.