Financials
Financial year 2025
MITHAS from Nazareth-De Pinte, company number BE0822095982, closed financial year 2025 with a result of € 29,763 after tax. For that financial year MITHAS recorded a gross margin of € 74,004 and equity of € 86,409. Compared with financial year 2024, the result moved from € 8,708 to € 29,763. Profitable, and profit is growing. 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 31, 2026.
€ 86,409
▲ 36% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 29,763
▲ 242% vs 2024
Profit after tax over the fiscal year.
€ 42,001
▲ 89% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 6,700 paid out
23 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 8,559
▼ 73% vs 2024
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 7,869
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 118,646
▼ 12% vs 2024
€ 17,689 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 4,160
▼ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,263
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 76,008 | € 77,464 | € 67,315 | € 74,004 | ▲ 10% |
| Profit after taxes | € 4,381 | € 407 | € 8,708 | € 29,763 | ▲ 242% |
| Equity | € 66,531 | € 54,638 | € 63,346 | € 86,409 | ▲ 36% |
| Total debts | € 204,484 | € 190,009 | € 181,251 | € 149,514 | ▼ 18% |
| Cash | € 47,966 | € 31,664 | € 22,243 | € 42,001 | ▲ 89% |
| Land & buildings | € 196,860 | € 186,530 | € 176,201 | € 166,197 | ▼ 6% |
| Retained profit | € 60,331 | € 48,438 | € 57,146 | € 80,209 | ▲ 40% |
| Dividend | € 3,000 | € 12,300 | € 0 | € 6,700 | |
| Bank debt | € 167,303 | € 151,778 | € 135,582 | € 118,646 | ▼ 12% |
| Balance sheet total | € 271,014 | € 244,647 | € 244,596 | € 235,923 | ▼ 4% |
Key figures of MITHAS, 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 MITHAS?
What happened at MITHAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 29,763 (▲ 242% vs 2024). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Nazareth-De Pinte. KBO
In short
From € 4,381 profit in 2022 to € 29,763 profit in 2025.
Paid € 24,535 in corporate taxes since 2022.
Best year ever: 2025, with € 29,763 profit.
Paid out € 22,000 in dividends to the owners in total.
Management
Behind MITHAS is Kris Philippaerts.
Directors
According to the 2025 annual accounts
Kris Philippaerts
Director
Establishments
Establishment units
Physical locations of this company
Jubileumlaan 5
9840 Nazareth-De Pinte
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Kris PHILIPPAERTS(oprichter) 99%
- Hannelore Roza Stefanie BREEMEERSCH(oprichter) 1%
Details
- Company number
- 0822.095.982
- VAT number
- BE 0822.095.982
- Registered office
- Jubileumlaan 5, 9840 Nazareth-De Pinte
- Names & denominations
- MITHAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 January 2010
- Peppol
- Active · Active since 25 Sept 2025
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