BURY MICHEL
ActiveBURY MICHEL has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €493k and a net result of €163k. Equity is shrinking by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 92% of 14038 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
97
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+91
Solvency100=
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 13.72 against 2.44 in 2024; short-term debt: 4% and cash: 37.9% of total assets), and 9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
91%
Return on assets
30%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €493k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
30 d late
2024
29 d late
2023
14 d late
2022
23 d late
2021
9 d late
2020
31 d late
2019
70 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€163k
2024 · €-29k
2018: €23k
2019: €66k
2020: €4k
2021: €50k
2022: €-11k
2023: €-41k
2024: €-29k
2018 → 2025
Working capital
€279k▲ 328%
2024 · €65k
2018: €156k
2019: €211k
2020: €205k
2021: €225k
2022: €170k
2023: €113k
2024: €65k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€424k-€410k▼ 3.3%€365k▼ 10.9%€333k▼ 8.9%€493k▲ 48.0%
Operating result€64k-€-11k€-44k▼ 301%€-26k▲ 41.0%€190k
Net result€50k-€-11k€-41k▼ 286%€-29k▲ 29.5%€163k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €190k after a loss of €26k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €542k
Fixed assets
€241k▼ 10.1%
Current assets
€301k▲ 173%
Equity and liabilities €542k
Equity
€493k▲ 48.0%
Provisions
€27k
Debt
€22k▼ 51.4%
The debt ratio falls from 11.9% to 4.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€199k▲
2024 · €-3k
Cash flow
€172k▲
2024 · €-7k
Solvency
91.0%▲
2024 · 88.1%
Current ratio
13.72▲
2024 · 2.44
Quick ratio
13.72▲
2024 · 2.36
Debt / equity
0.04▼
2024 · 0.14
ROE
33.0%▲
2024 · -8.7%
ROA
30.0%▲
2024 · -7.7%
Interest coverage
378.70▲
2024 · -1.13
Debt
€22k▼
2024 · €45k
Debt ≤ 1 year
€22k▼
2024 · €45k
Income taxes
€164▲
2024 · €139
Staff costs
€38k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€378k€542k▲
Fixed assets21/28€268k€241k▼
Intangible fixed assets21€32k-
Tangible fixed assets22/27€233k€238k▲
Land and buildings22€202k€215k▲
Furniture and vehicles24€31k€23k▼
Financial fixed assets28€3k€3k=
Current assets29/58€110k€301k▲
Stocks and contracts in progress3€4k-
Stocks30/36€4k-
Amounts receivable within one year40/41€83k€94k▲
Trade receivables40€41k€42k▲
Other amounts receivable41€42k€52k▲
Cash at bank and in hand54/58€21k€205k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€378k€542k▲
Equity10/15€333k€493k▲
Contributions10/11€31k€32k▲
Reserves13€231k€312k▲
Non-distributable reserves130/1€183k€183k=
Reserves not available under the articles1311€183k€183k=
Tax-exempt reserves132-€81k
Distributable reserves133€48k€48k=
Profit (loss) carried forward14€68k€149k▲
Investment grants15€3k-
Provisions and deferred taxes16-€27k
Deferred taxes168-€27k
Amounts payable17/49€45k€22k▼
Amounts payable within one year42/48€45k€22k▼
Current portion of amounts payable after more than one year42€5k-
Trade debts44€2k-
Suppliers440/4€2k-
Taxes, remuneration and social security45€18k€22k▲
Taxes450/3€4k€4k▲
Remuneration and social security454/9€14k€18k▲
Other amounts payable47/48€20k-
Income statement
Code20242025
Non-recurring operating income76A€138-
Remuneration, social security and pensions62€9k€38k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€9k▼
Other operating charges640/8€8k€2k▼
Gross operating margin9900€13k€239k▲
Operating profit (loss)9901€-26k€190k▲
Financial income75/76B€104€292▲
Recurring financial income75€104€292▲
Financial charges65/66B€3k€525▼
Recurring financial charges65€3k€525▼
Profit (loss) for the period before taxes9903€-29k€190k▲
Transfer from deferred taxes780-€37
Transfer to deferred taxes680-€27k
Income taxes67/77€139€164▲
Profit (loss) for the period9904€-29k€163k▲
Transfer from tax-exempt reserves789-€110
Transfer to tax-exempt reserves689-€81k
Profit (loss) for the period to be appropriated9905€-29k€81k▲
Appropriation of the result
Profit (loss) to be appropriated9906€68k€149k▲
Profit (loss) brought forward from the previous period14P€97k€68k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial
Back to profitnet €163k
Net result €163k after 3 loss-making years.
31-12
Financial
Liquidity times 6current ratio 13.72
Current ratio from 2.44 to 13.72; short-term debt falls from €45k to €22k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 14 days late
2023
31-12
Financial
Weakest financial yearnet €-41k
Net result drops to €-41k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 23 days late
2022
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 9 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 70 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hannut · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Impasse Farine (TROG) 104280 HannutGround area
2,097 m²
Building footprint
92 m²
Volume, LiDAR
543 m³
Parcel 64069A0145/00A002, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Impasse Farine (TROG) 10, 4280 Hannut
since 20102.194.195.626
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64069A0145/00A002 | Wallonia | 2,097 m² | 1 · 92 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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IMMO GLOBAL
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BLANCHE
BE 0425.765.266
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ECOLAW
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Sint-Gillis (bij-Brussel) · Eq €493k
RN LIEGE
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Liège · Eq €493k
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 5,033 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-10-1996
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.