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 22 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Mivaro from Mol, company number BE0503782861, closed financial year 2025 with a result of € 26,265 after tax. For that financial year Mivaro recorded a gross margin of € 62,012 and equity of € 154,367. Compared with financial year 2024, the result moved from € 24,081 to € 26,265. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 154,367
▲ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,265
▲ 9% vs 2024
Profit after tax over the fiscal year.
€ 7,662
▲ 59% 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 € 141,967.
Debts at end 2025
€ 297,402
▼ 12% vs 2024
€ 41,260 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 57,679 | € 63,084 | € 59,351 | € 62,012 | ▲ 4% |
| Profit after taxes | € 22,862 | € 27,198 | € 24,081 | € 26,265 | ▲ 9% |
| Equity | € 106,823 | € 134,021 | € 128,102 | € 154,367 | ▲ 21% |
| Total debts | € 416,892 | € 377,764 | € 338,465 | € 297,402 | ▼ 12% |
| Cash | € 41,336 | € 47,247 | € 4,813 | € 7,662 | ▲ 59% |
| Land & buildings | € 481,373 | € 464,097 | € 461,754 | € 442,862 | ▼ 4% |
| Retained profit | € 94,423 | € 121,621 | € 115,702 | € 141,967 | ▲ 23% |
| Dividend | € 0 | € 0 | € 30,000 | € 0 | ▼ 100% |
| Bank debt | € 416,892 | € 377,764 | € 337,938 | € 297,402 | ▼ 12% |
| Balance sheet total | € 523,715 | € 511,785 | € 466,567 | € 451,769 | ▼ 3% |
Key figures of Mivaro, 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 Mivaro?
What happened at Mivaro in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 26,265 (▲ 9% vs 2024). Source: NBB ↗
- Karolien Piet Van Kerckhoven became a director. NBB
- Marthe Nagel became a director. NBB
- New establishment in Mol. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,862 profit in 2022 to € 26,265 profit in 2025.
Paid € 33,445 in corporate taxes since 2022.
Best year ever: 2023, with € 27,198 profit.
Paid out € 30,000 in dividends to the owners in total.
A new publication or filing at Mivaro? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Mivaro are Marthe Nagel and Karolien Piet Van Kerckhoven. Marthe Nagel is also behind M. Nagel. Karolien Piet Van Kerckhoven is also behind Tandartspraktijk Van Kerckhoven.
Directors
According to the 2025 annual accounts
since 2021
since 2026
Establishments
Establishment units
Physical locations of this company
Rode-Kruislaan 9
2400 Mol
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
- 0503.782.861
- VAT number
- BE 0503.782.861
- Registered office
- Rode-Kruislaan 9, 2400 Mol
- Names & denominations
- Mivaro
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 February 2013
- Peppol
- Not registered