Mignot & de Block Belgium
ActiveSummary
Mignot & de Block Belgium has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €312k and a net result of €71k. Equity is growing by ~34.3% per year across the filed fiscal years. Its solvency ranks better than 74% of 9038 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75▼-1
Solvency92▲+14
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 3.02 against 2.13 in 2023; short-term debt: 33.1% and cash: 23.7% of total assets), and 33.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2025, 14 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
14 d early
2023
50 d late
2022
102 d late
2021
106 d late
2020
95 d late
2019
125 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€312k▲ 29.3%
2023 · €241k
2019: €35k
2020: €87k
2021: €132k
2022: €172k
2023: €241k
2019 → 2024
Total assets
€467k▲ 2.7%
2023 · €454k
2019: €75k
2020: €230k
2021: €312k
2022: €317k
2023: €454k
2019 → 2024
Net result
€71k▲ 2.4%
2023 · €69k
2019: €16k
2020: €52k
2021: €45k
2022: €40k
2023: €69k
2019 → 2024
Working capital
€312k▲ 29.3%
2023 · €241k
2019: €35k
2020: €87k
2021: €132k
2022: €172k
2023: €241k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€87k-€132k▲ 51.8%€172k▲ 30.6%€241k▲ 40.2%€312k▲ 29.3%
Operating result€89k-€72k▼ 18.7%€69k▼ 4.6%€118k▲ 70.1%€101k▼ 14.2%
Net result€52k-€45k▼ 13.7%€40k▼ 10.4%€69k▲ 71.5%€71k▲ 2.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 14% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €467k
Equity
€312k ▲ 29.3%
Debt
€154k ▼ 27.4%
Debt's share of the balance-sheet total falls from 46.9% to 33.1%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
3.02▲
2023 · 2.13
Debt to equity
0.49▼
2023 · 0.88
ROE
22.7%▼
2023 · 28.7%
ROA
15.2%▼
2023 · 15.2%
Debt ≤ 1 year
€154k▼
2023 · €213k
Income taxes
€27k▼
2023 · €45k
Staff costs
€640k▲
2023 · €611k
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 · 2024 against 2023 · 30 lines
Balance sheet
Code20232024
Assets
Total assets20/58€454k€467k▲
Current assets29/58€454k€467k▲
Amounts receivable within one year40/41€380k€355k▼
Trade receivables40-€9k
Other amounts receivable41€380k€345k▼
Cash at bank and in hand54/58€74k€110k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€454k€467k▲
Equity10/15€241k€312k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€223k€294k▲
Amounts payable17/49€213k€154k▼
Amounts payable within one year42/48€213k€154k▼
Trade debts44€58k€34k▼
Suppliers440/4€58k€34k▼
Taxes, remuneration and social security45€155k€121k▼
Taxes450/3€45k€0▼
Remuneration and social security454/9€110k€121k▲
Income statement
Code20232024
Remuneration, social security and pensions62€611k€640k▲
Gross operating margin9900€728k€741k▲
Operating profit (loss)9901€118k€101k▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€114k€98k▼
Income taxes67/77€45k€27k▼
Profit (loss) for the period9904€69k€71k▲
Profit (loss) for the period to be appropriated9905€69k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€223k€294k▲
Profit (loss) brought forward from the previous period14P€154k€223k▲
Social balance
Average headcount (FTE)90877.07.0=
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2019net €71k ▲2.4%
Net result €71k, the highest in the series.
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 50 days late
2023
31-12
Financial
Equity above €200kEq €241k ▲40.2%
5 profitable years in a row build equity to €241k.
10-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 102 days late
2022
31-12
Financial
Equity above €150kEq €172k ▲30.6%
4 profitable years in a row build equity to €172k.
14-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 106 days late
2021
31-12
Financial
Equity above €100kEq €132k ▲51.8%
3 profitable years in a row build equity to €132k.
03-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 95 days late
2020
03-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 125 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Aalst · 1 establishment unit since 2018
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.
Ninovesteenweg 1989320 AalstGround area
3,791 m²
Building footprint
1,152 m²
Volume, LiDAR
12,635 m³
Parcel 41342B0950/00K002, Flanders · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Mignot & de Block Belgium
since 20182.283.326.847
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0950/00K002 | Flanders | 3,791 m² | 1 · 1,152 m² | 14.4 m · 4 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.
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Of 103 companies in sector 46350 we hold annual accounts for 67. 45 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 formPrivate limited company
Founded21-12-2018
Fiscal year end31-12
Activities, NACEBEL 2025
46350Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.