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APOTHEKER MICHIEL

Active
Private limited companyfounded 2025active for 1 yearNeringen 3, 9920 Lievegem, BelgiumKBO/BCE: BE 1021.778.204
Summary

APOTHEKER MICHIEL has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,556 and a net result of €35,556. Its solvency ranks better than 74% of 22,726 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 01-04-2025 Normal situation
Activity
Retail trade NACE 47920and 2 others
Establishment unit
2.372.299.108 9920 Lievegem, since 01-04-2025
Financial year end
31 December
Peppol
Reachable since 06-11-2025

Board and ownership

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€45,827
Turnover
≈ €430,000
estimated
Profit
€35,556
Equity
€36,556
Total assets
€58,838
Filed on 29-05-2026, 63 days before the deadline
Score breakdownraises riskFounded in 2025Size: total assets €58,838lowers riskLiquidity: current ratio 2.42, cash €29,729Equity €36,556 (62.1% of total assets)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 86% of micro companies in retail trade (NACE 47)
Financial strength
Strong
Solvency 87
equity 62.1% of total assets
Liquidity 83
short-term debt 36.8% · cash 50.5%
Profitability 100
return on assets 60.4%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 05-2026: 1.8% 06-2026: 1.9%▲ +0.1 percentage points vs 05-2026 07-2026: 2.2%▲ +0.3 percentage points vs 06-2026 08-2026: 2.3%▲ +0.1 percentage points vs 07-2026 09-2026: 2.6%▲ +0.3 percentage points vs 08-2026highest value 10-2026: 0.4%▼ -2.2 percentage points vs 09-2026lowest value 11-2026: 0.4%● unchanged vs 10-2026lowest value
Credit of up to €3,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.42, above the usual 1.5. Short-term debt is 36.8% and cash 50.5% of total assets. 37.9% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 75% of them on solvency, 87% on liquidity and 96% on profitability.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 2.42, cash €29,729
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €58,838
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €36,556 (62.1% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
63 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Key points

  • Positive: Higher net result than 82% of companies in retail tradesector median €5,089 · 22,707 companies €35,556 View

Comparable companies

These companies have the same main activity as APOTHEKER MICHIEL: retail trade (NACE 47920). They are comparable in size and age: total assets between €36,800 and €160,000, founded between 2024 and 2025.

CompanyTotal assetsGross margin
APOTHEKER MICHIEL Lievegem€58,838€45,827
Patrick De Neve Destelbergen€36,830€34,808
AkinLab Vilvoorde€99,750€51,000
Pauline Darquennes Bornem€49,318€25,004
Cruxa Gent€53,013€22,544
TT Automotive Sint-Martens-Latem€104,419€24,243
POTAMI CARS Machelen (Brab.)€160,092€97,209
Full comparison

Key facts about APOTHEKER MICHIEL

What is the company number of APOTHEKER MICHIEL?
The company number of APOTHEKER MICHIEL is 1021.778.204. The VAT number is the same number with BE in front: BE 1021.778.204.
Where is APOTHEKER MICHIEL based?
The registered office is at Neringen 3, 9920 Lievegem.Company details
What does APOTHEKER MICHIEL do?
According to the KBO register, the main activity is retail trade (NACE 47920).
What is the legal form of APOTHEKER MICHIEL?
The legal form of APOTHEKER MICHIEL is Private limited company (BV).
When was APOTHEKER MICHIEL founded?
APOTHEKER MICHIEL was founded on 01-04-2025.
Is APOTHEKER MICHIEL still active?
Yes, APOTHEKER MICHIEL is an active enterprise in the KBO register.
What is the turnover of APOTHEKER MICHIEL?
The turnover in financial year 2025 is ≈ €430,000. This figure is estimated from the gross margin of €45,827 and 368 comparable companies (NACE 47). It probably lies between €240,000 and €710,000.Financials
Is APOTHEKER MICHIEL profitable?
In financial year 2025, APOTHEKER MICHIEL made a profit of €35,556.
Where can I find the annual accounts of APOTHEKER MICHIEL?
APOTHEKER MICHIEL filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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