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 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MIPA FROST from Oostrozebeke, company number BE0806376440, closed financial year 2025 with a result of € 2,675 after tax. For that financial year MIPA FROST recorded a gross margin of € 448,695 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € -13,783 to € 2,675. 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 November 7, 2025.
€ 1.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,675
▲ still € 13,783 loss in 2024
Profit after tax over the fiscal year.
€ 304,151
▼ 1% 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 € 832,049.
People and assets in 2025
€ 890,260
▼ 18% vs 2024
Of which on lease € 869,777.
Debts at end 2025
€ 2.1 million
▼ 13% vs 2024
€ 337,590 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 363,173
▲ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,789
▲ € 12,217 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 | € -80,836 | € 332,001 | € 450,522 | € 448,695 | |
| Profit after taxes | € -319,868 | € -1,355,876 | € -13,783 | € 2,675 | ▲ € 16,458 |
| Equity | € 2,429,033 | € 1,073,157 | € 1,059,374 | € 1,062,049 | |
| Total debts | € 5,926,377 | € 6,044,756 | € 5,563,471 | € 5,443,985 | ▼ 2% |
| Cash | € 567,049 | € 541,320 | € 308,001 | € 304,151 | ▼ 1% |
| Land & buildings | € 743,538 | € 459,458 | € 444,819 | € 518,529 | ▲ 17% |
| Retained profit | € 2,199,033 | € 843,157 | € 829,374 | € 832,049 | |
| Bank debt | € 3,789,112 | € 3,081,427 | € 2,362,562 | € 2,066,211 | ▼ 13% |
| Balance sheet total | € 9,148,934 | € 8,044,154 | € 7,549,086 | € 7,416,034 | ▼ 2% |
Key figures of MIPA FROST, 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 October 2026.
What happened to MIPA FROST?
What happened at MIPA FROST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,675. filed late Source: NBB ↗
- New establishment in Oostrozebeke. KBO
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 319,868 loss in 2022 to € 2,675 profit in 2025.
Paid € 193,626 in corporate taxes since 2022.
Best year ever: 2025, with € 2,675 profit.
Management
Behind MIPA FROST is PASCAL BRAECKE. It owns 100% of Sempervirens, 100% of Grimex, 100% of Unique-Elements and 100% of Studio Pascal Lebrun itself.
Directors
According to the 2025 annual accounts
PASCAL BRAECKE
Director
Also active at: GRIMEX, STUDIO PASCAL LEBRUN, BRAECKE TRADING COMPANY, UNIQUE-ELEMENTS, SEMPERVIRENS
Establishments
Establishment units
Physical locations of this company
Bosstraat 18
8780 Oostrozebeke
Europastraat 44
8531 Harelbeke
Active since 12 September 2008
Vaartstraat 1 B
8780 Oostrozebeke
Active since 22 June 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0806.376.440
- VAT number
- BE 0806.376.440
- Registered office
- Bosstraat 18, 8780 Oostrozebeke
- Names & denominations
- MIPA FROST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 September 2008
- Peppol
- Active · Active since 25 Apr 2025
- Activities · NACE
Opslag
Handelsbemiddeling in de groothandel in andere specifieke goederen
Verhuur en lease van personenauto’s en andere lichte motorvoertuigen
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Diensten in verband met vervoer te land
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)
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