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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Busy address KBO
58 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MITIO from Herentals, company number BE0821839032, closed financial year 2025 with a result of € 276,481 after tax. For that financial year MITIO recorded a gross margin of € 3 million and equity of € 576,559. Compared with financial year 2024, the result moved from € 358,374 to € 276,481. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 576,559
▼ 43% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 276,481
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 329,629
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 690,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
32.9
▲ 3.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.6 million
▲ 25% vs 2024
€ 78,500 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.
€ 83,786
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 60,091
▼ 18% vs 2024
€ 14,972 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 444,900
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 353,237
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,851,104 | € 1,992,173 | € 2,614,357 | € 3,046,094 | ▲ 17% |
| Profit after taxes | € 333,692 | € 209,824 | € 358,374 | € 276,481 | ▼ 23% |
| Equity | € 619,893 | € 768,475 | € 1,009,333 | € 576,559 | ▼ 43% |
| Total debts | € 1,222,477 | € 1,701,470 | € 1,271,991 | € 1,129,419 | ▼ 11% |
| Cash | € 584,836 | € 935,093 | € 685,620 | € 329,629 | ▼ 52% |
| Retained profit | € 613,393 | € 761,975 | € 1,002,833 | € 570,059 | ▼ 43% |
| Dividend | € 240,000 | € 49,527 | € 82,582 | € 690,000 | ▲ € 607,418 |
| Bank debt | € 68,500 | € 94,174 | € 73,332 | € 60,091 | ▼ 18% |
| Balance sheet total | € 1,842,370 | € 2,469,944 | € 2,281,324 | € 1,705,979 | ▼ 25% |
| Employees (FTE) | 20.3 | 22.3 | 29.2 | 32.9 | ▲ 3.7 |
Key figures of MITIO, 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 MITIO?
What happened at MITIO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 276,481 (▼ 23% vs 2024). Source: NBB ↗
- Devoco BV BV became a director. NBB
- New establishment in Sint-Martens-Latem. KBO
- New establishment in Herentals. KBO
- Start of the company according to the CBE. KBO
In short
From € 333,692 profit in 2022 to € 276,481 profit in 2025.
Paid € 451,448 in corporate taxes since 2022.
Best year ever: 2024, with € 358,374 profit.
On average € 92,600 of value added per employee in 2025.
Management
Behind MITIO is Devoco BV BV. Devoco BV BV is also behind Projekt 2 and BiMform.
Directors
According to the 2025 annual accounts
since 2018
Establishments
Establishment units
Physical locations of this company
Atealaan(HRT) 34 box A
2200 Herentals
Xavier De Cocklaan 70 box 1
9831 Sint-Martens-Latem
Active since 7 June 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 58 companies are registered at this address.
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PACHEL
€ 256,416 gross margin · 2021
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€ -219,818 gross margin · 2024
+53 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
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Email provider
Microsoft 365
Hosting
TRANSIP-AS Amsterdam, the Netherlands, NL
DNS
TransIP DNS
Website info
Features
Security
Details
- Company number
- 0821.839.032
- VAT number
- BE 0821.839.032
- Registered office
- Atealaan(HRT) 34 bus A, 2200 Herentals
- Names & denominations
- MITIO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2009
- Peppol
- Active · Active since 2 Sept 2023
- Contact
- geonius.be
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