13 annual accounts with figures on one time axis, 29 filings since 1990
peak €8.5m (2018)
€8.5m▲ 16.5%
lowest -€51,245 (2017)
€4.7m▲ €4.8m
peak €6.9m (2018)
€6.9m▲ 216%
€1.5m▼ 70.2%
peak 5.8 FTE (2007)
0.7 FTE▼ 58.8%
Board6 names since 2019
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Documentsfilings and deeds
30-08-201930 days late
2018financial year
Turnover from €402,533 to €537,250Back to profit: €4.7mStaff from 1.7 FTE to 0.7 FTEEquity from €2.2m to €6.9mDebts from €5.0m to €1.5mCash from €18,245 to €711,892
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The latest figures are for FY 2018. They are too old for a current score.
Filing: Five or more annual filings are missing. This points to a standstill, not an imminent failure.
Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months12-2024: 0.2%highest value01-2025: 0.2%● unchanged vs 12-2024highest value02-2025: 0.2%● unchanged vs 01-2025highest value03-2025: 0.2%● unchanged vs 02-2025highest value04-2025: 0.2%● unchanged vs 03-2025highest value05-2025: 0.2%● unchanged vs 04-2025highest value06-2025: 0.2%● unchanged vs 05-2025highest value07-2025: 0.2%● unchanged vs 06-2025highest value08-2025: 0.2%● unchanged vs 07-2025highest value09-2025: 0.2%● unchanged vs 08-2025highest value10-2025: 0.2%● unchanged vs 09-2025highest value11-2025: 0.2%● unchanged vs 10-2025highest value12-2025: 0.2%● unchanged vs 11-2025highest value01-2026: 0.2%● unchanged vs 12-2025highest value02-2026: 0.2%● unchanged vs 01-2026highest value03-2026: 0.2%● unchanged vs 02-2026highest value04-2026: 0.2%● unchanged vs 03-2026highest value05-2026: 0.2%● unchanged vs 04-2026highest value06-2026: 0.2%● unchanged vs 05-2026highest value07-2026: 0.2%● unchanged vs 06-2026highest value08-2026: 0.2%● unchanged vs 07-2026highest value09-2026: 0.2%● unchanged vs 08-2026highest value10-2026: 0.2%● unchanged vs 09-2026highest value11-2026: 0.2%● unchanged vs 10-2026highest value
Financial strength, FY 2018
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
Strong
100equity 81.7% of total assets
60short-term debt 3.4% · cash 8.4%
33return on assets 55.9%
Credit check for an amount and term of your choice
31-12-2019 year end31-07-2020 deadline09-11-2026 today
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 30-08-2019, 30 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as DE JOHAN MICHIELSENS HANDELSONDERNEMING: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €2.3m and €36m, founded between 1985 and 2002.
Insights on DE JOHAN MICHIELSENS HANDELSONDERNEMING
DE JOHAN MICHIELSENS HANDELSONDERNEMING has existed since 1990. The balance sheet total grew from €4.5m in 2006 to €8.5m in 2018, while staff fell from 4.9 to 0.7 full-time equivalents.
Solvency rose in 2018 from 30.1% to 81.7% because of the retained profit and lower debts.
Key facts about DE JOHAN MICHIELSENS HANDELSONDERNEMING
What is the company number of DE JOHAN MICHIELSENS HANDELSONDERNEMING?
The company number of DE JOHAN MICHIELSENS HANDELSONDERNEMING is 0440.906.372. The VAT number is the same number with BE in front: BE 0440.906.372.
Where is DE JOHAN MICHIELSENS HANDELSONDERNEMING based?
The registered office is at Dijkstraat 23, 2880 Bornem.Company details
What does DE JOHAN MICHIELSENS HANDELSONDERNEMING do?
According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
What is the legal form of DE JOHAN MICHIELSENS HANDELSONDERNEMING?
DE JOHAN MICHIELSENS HANDELSONDERNEMING is a general partnership (VOF).
When was DE JOHAN MICHIELSENS HANDELSONDERNEMING founded?
DE JOHAN MICHIELSENS HANDELSONDERNEMING was founded on 22-05-1990.
Is DE JOHAN MICHIELSENS HANDELSONDERNEMING still active?
Yes, DE JOHAN MICHIELSENS HANDELSONDERNEMING is an active enterprise in the KBO register.
How many employees does DE JOHAN MICHIELSENS HANDELSONDERNEMING have?
DE JOHAN MICHIELSENS HANDELSONDERNEMING had an average of 0.7 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of DE JOHAN MICHIELSENS HANDELSONDERNEMING?
The turnover of DE JOHAN MICHIELSENS HANDELSONDERNEMING was €537,250 in financial year 2018, according to the filed annual accounts.
Is DE JOHAN MICHIELSENS HANDELSONDERNEMING profitable?
In financial year 2018, DE JOHAN MICHIELSENS HANDELSONDERNEMING made a profit of €4.7m.
Where can I find the annual accounts of DE JOHAN MICHIELSENS HANDELSONDERNEMING?
DE JOHAN MICHIELSENS HANDELSONDERNEMING filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2018.