MiToCo
ActiveSummary
The computed 12-month bankruptcy probability of MiToCo is 1.7% (moderate). The 2025 annual accounts show equity of €3k and a net result of €20k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 1526 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+4
Solvency26▼-15
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
1.3%
Return on assets
7.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 1526 sector peers (2025).
NBB · sector comparisonPosition among 1526 sector peers
Solvency
better than 24%
← 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 12-06-2026, 49 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
49 d early
2024
51 d early
2023
34 d early
2022
53 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 92.6%
2024 · €45k
2022: €9k
2023: €23k▲ +169% vs 2022
2024: €45k▲ +98.5% vs 2023highest in 4 years
2025: €3k▼ -92.6% vs 2024lowest in 4 years
2022 → 2025
Total assets
€263k▼ 6.7%
2024 · €281k
2022: €312k
2023: €314k▲ +0.6% vs 2022highest in 4 years
2024: €281k▼ -10.5% vs 2023
2025: €263k▼ -6.7% vs 2024lowest in 4 years
2022 → 2025
Net result
€20k▼ 12.7%
2024 · €23k
2022: €8klowest in 4 years
2023: €16k▲ +111% vs 2022
2024: €23k▲ +41.0% vs 2023highest in 4 years
2025: €20k▼ -12.7% vs 2024
2022 → 2025
Working capital
€1k▼ 90.8%
2024 · €14k
2022: €-25klowest in 4 years
2023: €-22k▲ +9.3% vs 2022
2024: €14k▲ +161% vs 2023highest in 4 years
2025: €1k▼ -90.8% vs 2024
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€9k-€23k▲ 169%€45k▲ 98.5%€3k▼ 92.6%
2022: €9k
2023: €23k▲ +169% vs 2022
2024: €45k▲ +98.5% vs 2023highest in 4 years
2025: €3k▼ -92.6% vs 2024lowest in 4 years
Operating result€12k-€32k▲ 164%€41k▲ 28.9%€35k▼ 14.7%
2022: €12klowest in 4 years
2023: €32k▲ +164% vs 2022
2024: €41k▲ +28.9% vs 2023highest in 4 years
2025: €35k▼ -14.7% vs 2024
Net result€8k-€16k▲ 111%€23k▲ 41.0%€20k▼ 12.7%
2022: €8klowest in 4 years
2023: €16k▲ +111% vs 2022
2024: €23k▲ +41.0% vs 2023highest in 4 years
2025: €20k▼ -12.7% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €263k
Fixed assets
€236k ▼ 5.7%
Current assets
€26k ▼ 14.3%
Equity and liabilities €263k
Equity
€3k ▼ 92.6%
Debt
€259k ▲ 9.9%
Debt's share of the balance-sheet total rises from 83.8% to 98.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€52k▼
2024 · €58k
Cash flow
€36k▼
2024 · €39k
Current ratio
1.05▼
2024 · 1.79
Debt to equity
76.70▲
2024 · 5.18
ROE
583.1%▲
2024 · 49.6%
ROA
7.5%▼
2024 · 8.0%
Interest coverage
5.47▲
2024 · 4.90
Debt ≤ 1 year
€25k▲
2024 · €17k
Debt > 1 year
€234k▲
2024 · €218k
Income taxes
€6k▼
2024 · €7k
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 · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€281k€263k▼
Fixed assets21/28€251k€236k▼
Tangible fixed assets22/27€250k€236k▼
Land and buildings22€244k€231k▼
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€250€250=
Current assets29/58€31k€26k▼
Amounts receivable within one year40/41€19k€13k▼
Trade receivables40€9k€9k=
Other amounts receivable41€10k€4k▼
Cash at bank and in hand54/58€10k€12k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€281k€263k▼
Equity10/15€45k€3k▼
Contributions10/11€3k€3k=
Reserves13€43k€880▼
Distributable reserves133€43k€880▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€236k€259k▲
Amounts payable after more than one year17€218k€234k▲
Financial debts170/4€218k€234k▲
Amounts payable within one year42/48€17k€25k▲
Current portion of amounts payable after more than one year42€14k€14k▲
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Other amounts payable47/48€0€3k▲
Accrued charges and deferred income492/3€459€126▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€17k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€59k€53k▼
Operating profit (loss)9901€41k€35k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€12k€9k▼
Recurring financial charges65€12k€9k▼
Profit (loss) for the period before taxes9903€30k€26k▼
Income taxes67/77€7k€6k▼
Profit (loss) for the period9904€23k€20k▼
Profit (loss) for the period to be appropriated9905€23k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€20k▼
Transfer from equity791/2-€43k
Transfer to equity691/2€23k€880▼
To other reserves6921€23k€880▼
Profit to be distributed694/7€0€62k▲
Return on contributions (dividend)694€0€62k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44k | €21k | €16k | €17k | ▲ 2.9% |
| Other operating charges640/8 | €556 | €863 | €2k | €1k | ▼ 17.3% |
| Gross operating margin9900 | €57k | €54k | €59k | €53k | ▼ 10.0% |
| Operating profit (loss)9901 | €12k | €32k | €41k | €35k | ▼ 14.7% |
| Financial income75/76B | - | €249 | €0 | - | - |
| Recurring financial income75 | - | €249 | €0 | - | - |
| Financial charges65/66B | €769 | €11k | €12k | €9k | ▼ 19.2% |
| Recurring financial charges65 | €769 | €11k | €12k | €9k | ▼ 19.2% |
| Profit (loss) for the period before taxes9903 | €11k | €21k | €30k | €26k | ▼ 12.9% |
| Income taxes67/77 | €4k | €5k | €7k | €6k | ▼ 13.5% |
| Profit (loss) for the period9904 | €8k | €16k | €23k | €20k | ▼ 12.7% |
| Profit (loss) for the period to be appropriated9905 | €8k | €16k | €23k | €20k | ▼ 12.7% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €312k | €314k | €281k | €263k | ▼ 6.7% |
| Fixed assets21/28 | €299k | €294k | €251k | €236k | ▼ 5.7% |
| Tangible fixed assets22/27 | €299k | €293k | €250k | €236k | ▼ 5.7% |
| Land and buildings22 | €259k | €258k | €244k | €231k | ▼ 5.5% |
| Plant, machinery and equipment23 | €4k | €3k | €2k | €3k | ▲ 64.1% |
| Furniture and vehicles24 | €37k | €33k | €4k | €2k | ▼ 48.7% |
| Financial fixed assets28 | €250 | €250 | €250 | €250 | = |
| Current assets29/58 | €13k | €21k | €31k | €26k | ▼ 14.3% |
| Amounts receivable within one year40/41 | €11k | €13k | €19k | €13k | ▼ 33.6% |
| Trade receivables40 | €8k | €9k | €9k | €9k | = |
| Other amounts receivable41 | €3k | €4k | €10k | €4k | ▼ 63.2% |
| Cash at bank and in hand54/58 | €918 | €5k | €10k | €12k | ▲ 19.2% |
| Deferred charges and accrued income490/1 | €1k | €2k | €1k | €1k | ▲ 5.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €312k | €314k | €281k | €263k | ▼ 6.7% |
| Equity10/15 | €9k | €23k | €45k | €3k | ▼ 92.6% |
| Contributions10/11 | €3k | €3k | €3k | €3k | = |
| Reserves13 | €6k | €20k | €43k | €880 | ▼ 98.0% |
| Distributable reserves133 | €6k | €20k | €43k | €880 | ▼ 98.0% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €304k | €291k | €236k | €259k | ▲ 9.9% |
| Amounts payable after more than one year17 | €266k | €248k | €218k | €234k | ▲ 7.2% |
| Financial debts170/4 | €266k | €248k | €218k | €234k | ▲ 7.2% |
| Amounts payable within one year42/48 | €38k | €43k | €17k | €25k | ▲ 46.4% |
| Current portion of amounts payable after more than one year42 | €16k | €17k | €14k | €14k | ▲ 4.1% |
| Trade debts44 | €4k | €4k | €2k | €4k | ▲ 154% |
| Suppliers440/4 | €4k | €4k | €2k | €4k | ▲ 154% |
| Taxes, remuneration and social security45 | €3k | €5k | €2k | €3k | ▲ 82.3% |
| Taxes450/3 | €3k | €5k | €2k | €3k | ▲ 82.3% |
| Other amounts payable47/48 | €14k | €17k | €0 | €3k | - |
| Accrued charges and deferred income492/3 | - | €60 | €459 | €126 | ▼ 72.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8k | €16k | €23k | €20k | ▼ 12.7% |
| + Depreciation and write-downs630 | €44k | €21k | €16k | €17k | ▲ 2.9% |
| Operating cash flow (approximation) | €52k | €37k | €39k | €36k | ▼ 6.2% |
| Investment in fixed assets (approximation) | - | €-15k | €27k | €-2k | ▼ 108% |
| Change in cash | - | €4k | €5k | €2k | ▼ 63.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €23k ▲41%
Operating result €41k, net result €23k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 1.79
Current ratio from 0.48 to 1.79; short-term debt falls from €43k to €17k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
2 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, Kontich · 1 establishment unit since 2021
Ground area
305 m²
Building footprint
88 m²
Volume, LiDAR
593 m³
Parcel 11024B0164/00K005, Flanders · tallest building 8.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MiToCo
since 20212.316.921.412
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0164/00K005 | Flanders | 305 m² | 1 · 88 m² | 8.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 1,443 companies in sector 77110 we hold annual accounts for 727. 206 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
77110Renting and leasing of cars and light motor vehicles
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.