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MIRCOR

Active
Private limited companyfounded 197649 yrs activeRue Saint-Joseph 35, 6927 Tellin, BelgiumKBO/BCE: BE 0417.050.807

MIRCOR has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €531k and a net result of €14k. Equity is shrinking by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 1281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
94 / 100
Excellent▲ +16 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▲+13
Solvency100=
Growth22=
Stability100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 9.65 against 4.74 in 2024), and 1.3% 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 riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 49 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
98.7%
Return on assets
2.5%
Age of the figures
8 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies more bankruptcies →
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 d early
2024
129 d early
2023
22 d early
2022
39 d early
2021
26 d late
2020
60 d late
2019
9 d early
← 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 months
Position in the running window
11-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover
€138k▼ 27.0%
2020 · €189k
2018: €214k 2019: €275k 2020: €189k
2018 → 2021
EBIT margin
13.6%▲ 7.2pp
2020 · 6.4%
2018: 16.9% 2019: 41.7% 2020: 6.4%
2018 → 2021
Net result
€14k
2024 · €-19k
2018: €29k 2019: €75k 2020: €-1k 2021: €14k 2022: €-109k 2023: €-48k 2024: €-19k
2018 → 2025
Working capital
€60k▼ 34.9%
2024 · €92k
2018: €136k 2019: €233k 2020: €255k 2021: €287k 2022: €36k 2023: €80k 2024: €92k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€138k-
Equity€706k-€597k▼ 15.4%€536k▼ 10.2%€517k▼ 3.5%€531k▲ 2.7%
Operating result€19k-€-97k€-43k▲ 56.1%€-9k▲ 79.3%€18k
Net result€14k-€-109k€-48k▲ 55.5%€-19k▲ 61.7%€14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-150k€-100k€-50k€0Operating result 2021: €19k€19kNet result 2021: €14k€14kOperating result 2022: €-97k€-97kNet result 2022: €-109k€-109kOperating result 2023: €-43k€-43kNet result 2023: €-48k€-48kOperating result 2024: €-9k€-9kNet result 2024: €-19k€-19kOperating result 2025: €18k€18kNet result 2025: €14k€14k20212022202320242025
The operating result returns to profit in 2025: €18k after a loss of €9k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €538k
Fixed assets €471k▼ 10.0%
Current assets €66k▼ 42.7%
Equity and liabilities €538k
Equity €531k▲ 2.7%
Debt €7k▼ 94.4%
The debt ratio falls from 19.1% to 1.3%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€81k
2024 · €54k
Cash flow
€76k
2024 · €44k
Solvency
98.7%
2024 · 80.9%
Current ratio
9.65
2024 · 4.74
Quick ratio
9.65
2024 · 4.74
Debt / equity
0.01
2024 · 0.24
ROE
2.6%
2024 · -3.6%
ROA
2.5%
2024 · -2.9%
Interest coverage
15.26
2024 · 11.12
Debt
€7k
2024 · €122k
Debt ≤ 1 year
€7k
2024 · €24k
Income taxes
€14
Staff costs
€25k
2024 · €21k
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€640k€538k
Fixed assets21/28€524k€471k
Intangible fixed assets21€551-
Tangible fixed assets22/27€523k€471k
Land and buildings22€251k€240k
Plant, machinery and equipment23€11k€16k
Furniture and vehicles24€46k€32k
Other tangible fixed assets26€215k€183k
Current assets29/58€116k€66k
Amounts receivable within one year40/41€4k€621
Trade receivables40€1k-
Other amounts receivable41€2k€621
Current investments50/53€100k-
Cash at bank and in hand54/58€11k€63k
Deferred charges and accrued income490/1€1k€2k
Equity and liabilities
Total equity and liabilities10/49€640k€538k
Equity10/15€517k€531k
Contributions10/11€19k€19k=
Reserves13€106k€106k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€104k€104k=
Profit (loss) carried forward14€393k€407k
Amounts payable17/49€122k€7k
Amounts payable after more than one year17€96k-
Financial debts170/4€96k-
Amounts payable within one year42/48€24k€7k
Current portion of amounts payable after more than one year42€15k-
Trade debts44€6k€2k
Suppliers440/4€6k€2k
Taxes, remuneration and social security45-€3k
Taxes450/3-€1k
Remuneration and social security454/9-€2k
Other amounts payable47/48€4k€2k
Accrued charges and deferred income492/3€2k-
Income statement Code20242025
Remuneration, social security and pensions62€21k€25k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€63k€63k
Other operating charges640/8€8k€8k
Gross operating margin9900€83k€114k
Operating profit (loss)9901€-9k€18k
Financial income75/76B€2k€1k
Recurring financial income75€2k€1k
Financial charges65/66B€11k€5k
Recurring financial charges65€5k€5k
Non-recurring financial charges66B€6k-
Profit (loss) for the period before taxes9903€-19k€14k
Income taxes67/77-€14
Profit (loss) for the period9904€-19k€14k
Profit (loss) for the period to be appropriated9905€-19k€14k
Appropriation of the result
Profit (loss) to be appropriated9906€393k€407k
Profit (loss) brought forward from the previous period14P€412k€393k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €14k
Net result €14k after 3 loss-making years.
31-12
Financial Liquidity doublescurrent ratio 9.65
Current ratio from 4.74 to 9.65; short-term debt falls from €24k to €7k.
24-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
09-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €-109k ▼897%
Net result drops to €-109k, the lowest in the series; recovery starts the following year.
26-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial Back to profitnet €14k
Net result €14k after one loss-making year.
31-12
Financial Liquidity triplescurrent ratio 15.81
Current ratio from 4.67 to 15.81; short-term debt falls from €69k to €19k.
29-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
22-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Highest result since 2018net €75k ▲158%
Operating result €115k, net result €75k, both a record.
31-12
Financial Liquidity triplescurrent ratio 5.25
Current ratio from 2.04 to 5.25; short-term debt falls from €131k to €55k.
29-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
16-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
16-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 directors, last change in 2022
CORNEMILLOT Gilles
Director · since 01-04-2022
Current
HALLEZ Nathalie Marie Jeanine
Director · since 01-04-2022
Current
01-04-2022 CORNEMILLOT Gilles: Appointed as Director
01-04-2022 HALLEZ Nathalie Marie Jeanine: Appointed as Director
31-03-2022 WELS Catherine Georgette Mattijs Ghislaine: Resigned as Manager
Not every act has been read: a resignation may be missing here
4 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Tellin · 1 establishment unit since 2002
exact location from the address register On OpenStreetMap
Ground area
2,277 m²
Building footprint
287 m²
Volume, LiDAR
1,879 m³
2 parcels, Wallonia · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
HOTEL BEAU SITE
Place Communale, Mirwart 5, 6870 Saint-HubertNACE 55232
since 20022.013.723.562
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
84068B0651/00M000 Wallonia 2,055 m² 1 · 178 m² 7.6 m · 2 fl.
84041A0003/00R000indicative Wallonia 222 m² 1 · 109 m² 10.1 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels 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

Of 2,991 companies in sector 55203 we hold annual accounts for 687. 418 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded16-11-1976
Fiscal year end31-12
Activities, NACEBEL
55203Holiday cottages, homes and apartments
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers

Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.