Missing Link Group
Missing Link Group has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27k and a net result of €24k. Equity is shrinking by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 28% of 49 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
| Equity | €27k |
| Net result | €24k |
| Better than sector | 28% |
| Active | 12 yrs |
Mixed profile: strong on profitability, weaker on solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 20.5% | 52.6% | |
| Net result | €24k | €58k | |
| Equity | €27k | €554k | |
| Gross operating margin | €35k | €66k | |
| Total assets | €129k | €1.12M |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | full schema | full schema | full schema | full schema |
| Revenue | - | - | - | - | - |
| EBITDA | €34k | €57k | €30k | €31k | €51k |
| Net profit | €24k | €40k | €16k | €24k | €36k |
| Cash flow | €24k | €41k | €20k | €24k | €37k |
| Staff costs | - | - | - | - | - |
| Income taxes | €10k | €16k | €10k | €6k | €14k |
| Dividends | €53k | €53k | €18k | €18k | €18k |
| Total assets | €129k | €124k | €120k | €86k | €106k |
| Equity | €27k | €56k | €69k | €70k | €64k |
| Debt | €103k | €68k | €51k | €16k | €42k |
| of which ≤ 1y | €103k | €68k | €51k | €16k | €42k |
| of which > 1y | - | - | - | - | - |
| Working capital | €-56k | €-27k | €-14k | €27k | €22k |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 0.46 | 0.61 | 0.73 | 2.75 | 1.52 |
| Quick ratio | 0.46 | 0.61 | 0.73 | 2.75 | 1.52 |
| Working capital ratio | -43.1% | -21.6% | -11.4% | 31.9% | 20.5% |
| Solvency | 20.5% | 44.9% | 57.3% | 81.6% | 60.3% |
| Debt / equity | 3.87 | 1.23 | 0.75 | 0.23 | 0.66 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 116.05 | 748.56 | 364.38 | 201.16 | 288.03 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 18.3% | 32.1% | 13.6% | 27.5% | 33.5% |
| ROE | 89.3% | 71.6% | 23.7% | 33.7% | 55.7% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €129k | €124k | €120k | €86k | €106k |
| Fixed assets | 21/28 | €82k | €83k | €83k | €43k | €42k |
| Tangible fixed assets | 22/27 | €25k | €26k | €26k | €3k | €2k |
| Financial fixed assets | 28 | €57k | €57k | €57k | €40k | €40k |
| Current assets | 29/58 | €47k | €42k | €38k | €43k | €64k |
| Amounts receivable within one year | 40/41 | €20k | €25k | €11k | €5k | €24k |
| Cash & bank | 54/58 | €26k | €17k | €27k | €37k | €40k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €129k | €124k | €120k | €86k | €106k |
| Equity | 10/15 | €27k | €56k | €69k | €70k | €64k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €50 | €50 | €50 | €50 | €50 |
| Accumulated profits (losses) | 14 | €8k | €37k | €50k | €51k | €46k |
| Amounts payable | 17/49 | €103k | €68k | €51k | €16k | €42k |
| Amounts payable within one year | 42/48 | €103k | €68k | €51k | €16k | €42k |
| Trade debts payable within one year | 44 | €4k | €3k | €7k | €5k | €7k |
| Income statement | ||||||
| Gross operating margin | 9900 | €35k | €58k | €31k | €32k | €52k |
| Operating result | 9901 | €34k | €56k | €27k | €30k | €50k |
| Financial income | 75 | €14 | - | - | - | €2 |
| Financial charges | 65 | €295 | €76 | €83 | €154 | €176 |
| Result before taxes | 9903 | €34k | €56k | €26k | €30k | €50k |
| Income taxes | 67/77 | €10k | €16k | €10k | €6k | €14k |
| Net result for the period | 9904 | €24k | €40k | €16k | €24k | €36k |
| Result to be appropriated | 9905 | €24k | €40k | €16k | €24k | €36k |
| NACE primary | Water collection, treatment and supply(36000) |
| Legal form | Private limited company(610) |
| Incorporation | 11-02-2014 |
| Status | Active |
| Postal code | 1090 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21464D0172/00R002 | Brussels | 174 m² | 1 · 65 m² | 11.9 m · 4 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
27-10-2023 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": null,
"notary": {
"name": "Pamela Carrette",
"firm_city": null,
"firm_name": null,
"office_city": "Jette",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2023-10-27",
"filing_date": "2023-10-25",
"act_kind_objet": "STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS), MODIFICATION FORME JURIDIQUE, DIVERS, DEMISSIONS, NOMINATIONS"
},
"decision": {
"body": "algemene_vergadering",
"act_date": "2023-10-24",
"unanimous": true
},
"conversion": null,
"detected_kind": "other",
"report_waiver": null,
"restructuring": null,
"subject_company": {
"kbo": "0545.939.259",
"name_full": "Missing Link Group",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Pamela Carrette",
"org_rep_person_name": null
},
"summary_narrative": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale extraordinaire des actionnaires de la soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e \u00ABMissing Link Group\u00BB a pris entre autre les r\u00E9solutions suivantes : adapter les statuts aux dispositions du Code des soci\u00E9t\u00E9s et des associations et de conserver la forme l\u00E9gale de la soci\u00E9t\u00E9 \u00E0 responsabilit\u00E9 limit\u00E9e (en abr\u00E9g\u00E9 SRL).",
"co_filed_documents": [],
"detected_real_type": "other",
"referenced_correction": null,
"should_reroute_to_category": "statutes"
}| Legal nameFR | Missing Link Group |