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Mystic Engineering

Active
Private limited companyfounded 2018active for 7 yearsBronstraat 36, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0713.877.735
Summary

The computed 12-month bankruptcy probability of Mystic Engineering is 1.8% (moderate). The 2024 annual accounts show negative equity (-€21,333) and a net result of -€53,019. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 7% of 9,456 sector peers (NACE 82, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 26-11-2018 Normal situation
Activity
Other business support services NACE 82990and 3 others
Establishment unit
2.282.171.260 1060 Sint-Gillis (bij-Brussel), since 26-11-2018
Financial year end
31 December
Peppol
Reachable since 18-10-2025

Board and ownership

Board

Financial position

52 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.8%
Annual accounts 2024
Gross margin
-€46,503
▼ 3,757%
Loss
€53,019
▲ 798%
Equity
-€21,333
Total assets
€22,891
▼ 64.3%
  • Negative equity on 31-12-2024
  • 2025 accounts not filed, 95 days past the deadline
Turnover not published (micro format)
Score breakdownraises riskFigures for financial year 2024 (filed on 18-08-2025)1 financial year not filed after the legal deadline; last filed accounts filed 18 days late; 1 of the last 3 accounts latelowers riskSector: Office administrative, office support and other business support activities (NACE 82)Size: total assets €22,891Show the evidence

Checked score

Score 2024
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 9% of micro companies in office administrative support (NACE 82)
Financial strength · tick: 2023
Weak
Solvency 0-74
equity -93.2% of total assets
Liquidity 40-3
short-term debt 187.9% · cash 31.8%
Profitability 0-7
return on assets -231.6%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,669 companies, NACE 82, micro)
Last 24 months 12-2024: 0.4%lowest value 01-2025: 0.7%▲ +0.3 percentage points vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 1.8%▲ +1.1 percentage points vs 03-2025 05-2025: 1.8%● unchanged vs 04-2025 06-2025: 1.8%● unchanged vs 05-2025 07-2025: 1.7%▼ -0.1 percentage points vs 06-2025 08-2025: 2.4%▲ +0.7 percentage points vs 07-2025highest value 09-2025: 0.9%▼ -1.5 percentage points vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.8%▼ -0.1 percentage points vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.1%▲ +0.3 percentage points vs 07-2026 09-2026: 1.3%▲ +0.2 percentage points vs 08-2026 10-2026: 1.8%▲ +0.5 percentage points vs 09-2026 11-2026: 1.8%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.47 (1.84 in 2023), below 1. Short-term debt is 187.9% and cash 31.8% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 4% of them on solvency, 24% on liquidity, 5% on profitability and 3% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
raises risk · Figures for financial year 2024 (filed on 18-08-2025)
NBB · annual accounts
lowers risk · Size: total assets €22,891
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 18 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
192021222324
2019 to 2024 · latest year -€21,333
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 95 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 18 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-08-2025, 18 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
18 days late
2023
218 days late
2022
24 days early
2021
48 days early
2020
22 days early
2019
7 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 23 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€21,333 View
  • Caution: Lower net result than 95% of companies in office administrative supportsector median €14,038 · 9,456 companies -€53,019 View
  • Caution: 2 loss-making years in a rowloss in financial year 2024 -€53,019 View

Recent changes

  1. · Gazette deed Resignation: Thomas VINCKE (manager)Reappointment: Thomas VINCKE (administrateur non statutaire)
  2. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as Mystic Engineering: other business support services (NACE 82990). They are comparable in size and age: total assets between €19,900 and €29,700, founded between 2017 and 2019.

CompanyTotal assetsGross margin
Mystic Engineering Sint-Gillis (bij-Brussel)€22,891-€46,503
A.DEM INTERIORS Ukkel€29,741-€13,283
Rochtus Vastgoed Antwerpen€26,067-€9,079
TETRA Zulte€19,912-€4,770
Art is Life Gavere€24,087-€9,225
Bruynooghe Michael De Panne€23,822-€2,825
Cospen Invest Balen€27,198-€7,086
Full comparison

Key facts about Mystic Engineering

What is the company number of Mystic Engineering?
The company number of Mystic Engineering is 0713.877.735. The VAT number is the same number with BE in front: BE 0713.877.735.
Where is Mystic Engineering based?
The registered office is at Bronstraat 36, 1060 Sint-Gillis (bij-Brussel).Company details
What does Mystic Engineering do?
According to the KBO register, the main activity is other business support services (NACE 82990).
What is the legal form of Mystic Engineering?
The legal form of Mystic Engineering is Private limited company (BV).
When was Mystic Engineering founded?
Mystic Engineering was founded on 26-11-2018.
Is Mystic Engineering still active?
Yes, Mystic Engineering is an active enterprise in the KBO register.
What is the turnover of Mystic Engineering?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
Is Mystic Engineering profitable?
In financial year 2024, Mystic Engineering made a loss of €53,019.
Where can I find the annual accounts of Mystic Engineering?
Mystic Engineering filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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