De Gucht Michael
ActiveSummary
The computed 12-month bankruptcy probability of De Gucht Michael is 2.6% (moderate). The 2025 annual accounts show equity of €9k and a net result of €16k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 60% of 4603 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+92
Solvency74▲+74
Growth57=
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.94 against 0.58 in 2024; short-term debt: 51.2% and cash: 54% of total assets), but 51.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 d early
2024
3 d early
2023
16 d early
2022
on the day
2021
54 d early
2020
38 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€155k▼ 8.9%
2021 · €170k
2020: €184k
2021: €170k
2020 → 2023
EBIT margin
7.3%▼ 18.1pp
2021 · 25.4%
2020: -21.1%
2021: 25.4%
2020 → 2023
Net result
€16k
2024 · €-11k
2020: €-44k
2021: €38k
2022: €-11k
2023: €9k
2024: €-11k
2020 → 2025
Working capital
€9k
2024 · €-15k
2020: €-56k
2021: €-4k
2022: €-54k
2023: €-75k
2024: €-15k
2020 → 2025
Multi-year overview
Available amounts per fiscal year
Line20212022202320242025Trend
Turnover€170k-€155k
Equity€6k-€-5k€4k€-7k€9k
Operating result€43k-€-6k€11k€-9k€19k
Net result€38k-€-11k€9k€-11k€16k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €19k after a loss of €9k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €19k
Fixed assets
€135 ▼ 98.2%
Current assets
€19k ▼ 6.6%
Equity and liabilities €19k
Equity
€9k
Debt
€10k
Debt finances 51.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€19k▲
2024 · €1k
Cash flow
€16k▲
2024 · €-82
Current ratio
1.94▲
2024 · 0.58
Debt to equity
1.05▲
2024 · -4.85
ROE
177.8%
ROA
86.7%▲
2024 · -39.0%
Interest coverage
31.86▲
2024 · 0.94
Debt ≤ 1 year
€10k▼
2024 · €35k
Income taxes
€2k▲
2024 · €0
Staff costs
€500
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€28k€19k▼
Fixed assets21/28€8k€135▼
Tangible fixed assets22/27€7k€0▼
Furniture and vehicles24€7k€0▼
Leasing and similar rights25€0-
Financial fixed assets28€135€135=
Current assets29/58€20k€19k▼
Amounts receivable within one year40/41€9k€8k▼
Trade receivables40€7k€7k▼
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€11k€10k▼
Deferred charges and accrued income490/1€284€294▲
Equity and liabilities
Total equity and liabilities10/49€28k€19k▼
Equity10/15€-7k€9k▲
Contributions10/11€12k€12k=
Profit (loss) carried forward14€-20k€-3k▲
Amounts payable17/49€35k€10k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€35k€10k▼
Current portion of amounts payable after more than one year42€8k€0▼
Trade debts44€2k€0▼
Suppliers440/4€2k€0▼
Taxes, remuneration and social security45€572€2k▲
Taxes450/3€323€2k▲
Remuneration and social security454/9€249€50▼
Other amounts payable47/48€24k€8k▼
Income statement
Code20242025
Non-recurring operating income76A€33k€16k▼
Remuneration, social security and pensions62-€500
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€0▼
Other operating charges640/8€1k€540▼
Non-recurring operating charges66A€50k€23k▼
Gross operating margin9900€53k€43k▼
Operating profit (loss)9901€-9k€19k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€1k€587▼
Recurring financial charges65€1k€587▼
Profit (loss) for the period before taxes9903€-11k€18k▲
Income taxes67/77€0€2k▲
Profit (loss) for the period9904€-11k€16k▲
Profit (loss) for the period to be appropriated9905€-11k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€-3k▲
Profit (loss) brought forward from the previous period14P€-9k€-20k▼
The notes to these accounts (8 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
30-06
Financial
Liquidity triplescurrent ratio 1.94
Current ratio from 0.58 to 1.94; short-term debt falls from €35k to €10k.
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
08-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
10-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 38 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Niklaas · 1 establishment unit since 2019
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.
Waterjufferstraat 329111 Sint-NiklaasGround area
292 m²
Building footprint
99 m²
Volume, LiDAR
599 m³
Parcel 46002B1439/00H000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Waterjufferstraat 32, 9111 Sint-Niklaas
since 20192.288.056.586
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46002B1439/00H000 | Flanders | 292 m² | 1 · 99 m² | 8.4 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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Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 3,751 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-04-2019
Fiscal year end30-06
Activities, NACEBEL 2025
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.