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 22,632 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow Report Compare

APOTHEKER MICHIELActiveChecked score 88/100

Risk analysis Report Compare

Activity

Retail trade

NACE 47920

1 site

Size

≈ €430,000turnover 2025, estimated

Equity: €36,556
Profit: €35,556

Turnover estimated from the gross margin

Financial health

88 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.4%

Structure

SICHIEN Michiel Marie AnthonyDirector

2025 accounts 63 days early

Why 88raises 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 better than 86% of its sector peers (NACE 47, micro)

Every signal that counts is listed under Signals.

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, 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% (40,259 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

Credit of up to €3,000 on 30-day terms is acceptable

Liquidity ample (current ratio 2.42, above the usual 1.5; short-term debt: 36.8% and cash: 50.5% of total assets), and 37.9% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 75% on solvency, 87% on liquidity and 96% on profitability.

The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 2.42, cash €29,729

NBB · annual accounts

Founded in 2025

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Size: total assets €58,838

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Equity €36,556 (62.1% of total assets)

NBB · annual accounts

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)

No strike-offs in the KBO publications

Searched since incorporation in 2025.

KBO publications · our coverage

29-05-2026 Annual accounts filedfinancial year 2025 · micro…
03-04-2025 IncorporationAppointment: SICHIEN Michiel Marie Anthony…

Key points

Positive: Among the best 18% on net resultsector median €5,089 · 22,613 companies €35,556 View
One director decidessole director in office 1 View
Total assets 2025first financial year filed €58,838 View

By topic

Financials

Financial year: 2025
Total assets: €58,838
Profit: €35,556
Solvency: 62.1%

Go to Financials

Board & ownership

Board: 1 member

SICHIEN Michiel Marie AnthonyDirector

Go to Board & ownership

Timeline

Events: 2
Since: 2025

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Retail tradeNACE 47920
Founded: 01-04-2025
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 12

Annual meeting: Third Friday of May at 18:00
Purpose: “De uitbating van één of meerdere apotheken,de groothandel,de aan- en verkoop,de bereiding…” (deed in Dutch)

Go to Articles of association

Key facts about APOTHEKER MICHIEL

What is the company number of APOTHEKER MICHIEL?: 1021.778.204. In Belgium the VAT number is the company 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?: Private limited company (BV).
When was APOTHEKER MICHIEL 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?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.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.