Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MIKADO from Mechelen, company number BE0448506719, closed financial year 2025 with a result of € 1,505 after tax. For that financial year MIKADO recorded a gross margin of € 17,706 and equity of € 154,822. Compared with financial year 2024, the result moved from € 4,606 to € 1,505. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 17, 2026.
€ 154,822
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,505
▼ 67% vs 2024
Profit after tax over the fiscal year.
€ 12,431
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 136,230.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 51,285
▲ 11% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1,696
▼ 43% vs 2024
Loans from banks and other lenders, long and short.
€ 3,737
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,752
▲ 139% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 15,217 | € -8,770 | € 21,398 | € 17,706 | ▼ 17% |
| Profit after taxes | € -4,484 | € -22,280 | € 4,606 | € 1,505 | ▼ 67% |
| Equity | € 170,992 | € 148,712 | € 153,317 | € 154,822 | ▲ 1% |
| Total debts | € 107,719 | € 76,039 | € 77,388 | € 41,809 | ▼ 46% |
| Cash | € 38,501 | € 13,038 | € 18,782 | € 12,431 | ▼ 34% |
| Retained profit | € 152,400 | € 130,120 | € 134,725 | € 136,230 | ▲ 1% |
| Bank debt | € 10,646 | € 6,839 | € 2,959 | € 1,696 | ▼ 43% |
| Balance sheet total | € 278,711 | € 224,751 | € 230,705 | € 196,631 | ▼ 15% |
Key figures of MIKADO, 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 MIKADO?
What happened at MIKADO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,505 (▼ 67% vs 2024). filed late Source: NBB ↗
- Jozef Maria Baeckens became a director. NBB
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,484 loss in 2022 to € 1,505 profit in 2025.
Paid € 8,078 in corporate taxes since 2022.
Best year ever: 2024, with € 4,606 profit.
Management
Behind MIKADO is Jozef Maria Baeckens.
Directors
According to the 2025 annual accounts
Jozef Maria Baeckens
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Zennegatvaart 15
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.506.719
- VAT number
- BE 0448.506.719
- Registered office
- Zennegatvaart 15, 2800 Mechelen
- Names & denominations
- MIKADO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 1992
- Peppol
- Active · Active since 18 Mar 2026
- Activities · NACE
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