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 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MIPAL from Roeselare, company number BE0472359118, closed financial year 2025 with a result of € -31,141 after tax. For that financial year MIPAL recorded a gross margin of € 92,318 and equity of € 362,221. Compared with financial year 2024, the result moved from € 113,523 to € -31,141. 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 July 16, 2026.
€ 362,221
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -31,141
▼ still € 113,523 profit in 2024
Profit after tax over the fiscal year.
€ 112,318
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 343,621.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 69,435
▼ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 200,000
Loans from banks and other lenders, long and short.
€ 13,090
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,180
▼ 51% 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 | € 140,023 | € 174,834 | € 262,086 | € 92,318 | ▼ 65% |
| Profit after taxes | € 22,699 | € 66,366 | € 113,523 | € -31,141 | ▼ € 144,664 |
| Equity | € 847,974 | € 914,340 | € 393,362 | € 362,221 | ▼ 8% |
| Total debts | € 422,411 | € 336,161 | € 752,649 | € 585,209 | ▼ 22% |
| Cash | € 138,102 | € 88,465 | € 360,506 | € 112,318 | ▼ 69% |
| Land & buildings | € 998,195 | € 953,739 | € 604,525 | € 675,329 | ▲ 12% |
| Retained profit | € 194,874 | € 261,240 | € 374,762 | € 343,621 | ▼ 8% |
| Bank debt | € 255,000 | € 225,000 | € 200,000 | € 200,000 | |
| Balance sheet total | € 1,270,385 | € 1,250,501 | € 1,146,011 | € 947,431 | ▼ 17% |
Key figures of MIPAL, 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 MIPAL?
What happened at MIPAL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 31,141 (▼ € 144,664 vs 2024). Source: NBB ↗
- Patrick Linden became a director. NBB
- New establishment in Roeselare. KBO
- Anna Van Tornout became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 22,699 profit in 2022 to € 31,141 loss in 2025.
Paid € 69,925 in corporate taxes since 2022.
Best year ever: 2024, with € 113,523 profit.
Management
Behind MIPAL are Patrick Linden and Anna Van Tornout. The same people are also behind REVAPREVENT.
Directors
According to the 2025 annual accounts
since 2023
since 2010
Establishments
Establishment units
Physical locations of this company
Koning Albert I-laan 25
8800 Roeselare
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0472.359.118
- VAT number
- BE 0472.359.118
- Registered office
- Koning Albert I-laan 25, 8800 Roeselare
- Names & denominations
- MIPAL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 July 2000
- Peppol
- Active · Active since 18 Nov 2025
- Activities · NACE
Activiteiten van hoofdkantoren
Verhuur van niet-residentiële gebouwen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen