Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
MIRTO from Gent, company number BE0407656257, closed financial year 2025 with a result of € -113,147 after tax. For that financial year MIRTO recorded revenue of € 6.6 million and equity of € 5.1 million. Compared with financial year 2024, the result moved from € -116,848 to € -113,147. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 5.1 million
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -113,147
▲ 3 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
317.2
▼ 4.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9.6 million
▼ 5% vs 2024
€ 30,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 269,312
▼ 13% vs 2024
Of which on lease € 28,881.
Debts at end 2025
€ 2.8 million
▼ 5% vs 2024
€ 166,470 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 530,057
▲ 11% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 54 days on average.
€ 1.3 million
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 7,104,042 | € 6,846,641 | € 6,824,280 | € 6,585,087 | ▼ 4% |
| Profit after taxes | € 34,218 | € -182,379 | € -116,848 | € -113,147 | ▲ € 3,701 |
| Equity | € 5,529,094 | € 5,340,926 | € 5,184,345 | € 5,055,657 | ▼ 2% |
| Total debts | € 2,062,064 | € 3,281,948 | € 4,722,396 | € 4,769,891 | ▲ 1% |
| Cash | € 1,897,335 | € 1,341,213 | € 1,091,162 | € 1,169,200 | ▲ 7% |
| Land & buildings | € 1,623,681 | € 3,678,257 | € 5,685,219 | € 5,518,233 | ▼ 3% |
| Retained profit | € 3,966,550 | € 3,784,170 | € 3,667,322 | € 3,554,176 | ▼ 3% |
| Bank debt | € 153,125 | € 1,030,221 | € 2,989,782 | € 2,827,360 | ▼ 5% |
| Balance sheet total | € 7,693,982 | € 8,675,927 | € 9,952,016 | € 9,854,711 | ▼ 1% |
| Employees (FTE) | 323.2 | 321 | 321.4 | 317.2 | ▼ 4.2 |
Key figures of MIRTO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MIRTO?
What happened at MIRTO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Gent. KBO
- New annual accounts for financial year 2025: loss of € 113,147. Source: NBB ↗
- Franky De Saer stepped down as director. NBB
- Petra Stofferis stepped down as director. NBB
- Johan Van Hoof stepped down as director. NBB
- Griet Van Durme stepped down as director. NBB
- Geert Van De Woestyne stepped down as director. NBB
- Luc De Muynck stepped down as director. NBB
In short
From € 34,218 profit in 2022 to € 113,147 loss in 2025.
Best year ever: 2022, with € 34,218 profit.
Pays suppliers within 54 days on average.
Management
Directors
According to the 2025 annual accounts
since 2020 · until 2026
since 2020 · until 2026
since 2020 · until 2026
Griet Van Durme
Director
since 2025 · until 2026
since 2020 · until 2026
since 2023 · until 2026
Establishments
Establishment units
Physical locations of this company
Industriepark-Drongen 21
9031 Gent
Industrielaan 40
9900 Eeklo
Active since 10 February 2006
Industriepark-Drongen 14 box 9
9031 Gent
Active since 1 June 2018
Jozef Kluyskensstraat 29
9000 Gent
Active since 18 August 2026
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0407.656.257
- VAT number
- BE 0407.656.257
- Registered office
- Industriepark-Drongen 21, 9031 Gent
- Names & denominations
- MIRTO
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 18 August 1966
- Peppol
- Active · Active since 30 Apr 2025
- Activities · NACE
Beschutte en sociale werkplaatsen
Beschutte werkplaatsen