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DE GHEUS Michel

Active
Private limited companyfounded 2000active for 26 yearsRue de Wanzoul(VIN) 50, 4520 Wanze, BelgiumKBO/BCE: BE 0472.642.792
Summary

DE GHEUS Michel has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €589,305 and a net result of €46,311. Equity has been growing by about 25% per year since 2018. Its solvency ranks better than 56% of 22,774 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 28-08-2000 Normal situation
Activity
Retail sale of solid, liquid and gaseous fuels, excluding motor fuels NACE 47781and 2 others
Establishment units
2.095.020.351 4520 Wanze, since 30-10-2000
2.362.293.260 4520 Wanze, since 02-05-2024
Financial year end
31 December
Peppol
Reachable since 25-10-2025

Board and ownership

Board

Financial position

89 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€337,845
▼ 5.7%
Turnover
≈ €1.2m
estimated
Profit
€46,311
▼ 81.3%
Equity
€589,305
▲ 8.5%
Total assets
€1.5m
▲ 8.3%
Employees on 31-12-2025
4
=
  • 2025 accounts filed 28 days after the deadline
Net result -81%: other schema
Score breakdownraises riskLast filed accounts filed 28 days late; 2 of the last 3 accounts latelowers riskFounded in 2000Size: total assets €1.5mLiquidity: current ratio 1.12, cash €402,998Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 58% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 65=
equity 40.4% of total assets
Liquidity 56+14
short-term debt 55.2% · cash 27.7%
Profitability 73-19
return on assets 3.2%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,281 companies, NACE 47, micro)
Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.4%▼ -0.1 percentage points vs 05-2025 07-2025: 0.6%▲ +0.2 percentage points vs 06-2025 08-2025: 1.0%▲ +0.4 percentage points vs 07-2025 09-2025: 1.2%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 0.3%▼ -0.9 percentage points vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.2 percentage points vs 07-2026 09-2026: 0.2%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value
Credit of up to €50,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.12 (1.01 in 2024), below the usual 1.5. Short-term debt is 55.2% and cash 27.7% of total assets. 59.6% 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 55% of them on solvency, 62% on liquidity, 57% on profitability and 58% on growth.

The bankruptcy probability was computed on 03-11-2026 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 risk
raises risk · Last filed accounts filed 28 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Founded in 2000
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €1.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.12, cash €402,998
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
28 days late
2024
56 days late
2023
34 days late
2022
29 days late
2021
30 days late
2020
25 days late
2019
108 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 44 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025different schema filed ▼ 81.3% View
  • Positive: More equity than 95% of companies in retail tradesector median €41,218 · 22,816 companies €589,305 View

Recent changes

  1. · Gazette deed Change of role: Michel de GHEUS, from manager to statutory director
  2. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as DE GHEUS Michel: retail sale of solid, liquid and gaseous fuels, excluding motor fuels (NACE 47781). They are comparable in size and age: total assets between €1.1m and €1.9m, founded between 1993 and 2003.

CompanyTotal assetsGross margin
DE GHEUS Michel Wanze€1.5m€0.3m
ALAIN MASSUIR Blégny€1.9m€0.4m
VERKOYEN DISTRIBUTIE Pelt€1.4m€0.4m
DECOCK Maldegem€1.6m€0.3m
JANOX Poperinge€1.2m€0.3m
BASTIN BRENNSTOFFE Bütgenbach€1.6m€0.4m
MAZOUT FRESON Spa€1.1m€0.2m
Full comparison

Key facts about DE GHEUS Michel

What is the company number of DE GHEUS Michel?
The company number of DE GHEUS Michel is 0472.642.792. The VAT number is the same number with BE in front: BE 0472.642.792.
Where is DE GHEUS Michel based?
The registered office is at Rue de Wanzoul(VIN) 50, 4520 Wanze.Company details
What does DE GHEUS Michel do?
According to the KBO register, the main activity is retail sale of solid, liquid and gaseous fuels, excluding motor fuels (NACE 47781).
What is the legal form of DE GHEUS Michel?
The legal form of DE GHEUS Michel is Private limited company (BV).
When was DE GHEUS Michel founded?
DE GHEUS Michel was founded on 28-08-2000.
Is DE GHEUS Michel still active?
Yes, DE GHEUS Michel is an active enterprise in the KBO register.
How many employees does DE GHEUS Michel have?
DE GHEUS Michel had an average of 3.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of DE GHEUS Michel?
The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €337,845 and 68 comparable companies (NACE 477). It probably lies between €880,000 and €2.0m.
Is DE GHEUS Michel profitable?
In financial year 2025, DE GHEUS Michel made a profit of €46,311.
Where can I find the annual accounts of DE GHEUS Michel?
DE GHEUS Michel filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of DE GHEUS Michel due?
DE GHEUS Michel must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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