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DE JOHAN MICHIELSENS HANDELSONDERNEMING

Active Risk: very low
General partnershipfounded 1990active for 36 yearsDijkstraat(WEE) 23, 2880 Bornem, BelgiumKBO/BCE: BE 0440.906.372
Summary

DE JOHAN MICHIELSENS HANDELSONDERNEMING has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2018 annual accounts show equity of €6.9m and a net result of €4.7m. The computed 12-month bankruptcy probability is 0.2% (very low).

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DE JOHAN MICHIELSENS HANDELSONDERNEMINGActive
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Overview

Activity
Buying and selling of own real estate
NACE 68110
1 site
Size
€537,250turnover 2018
Staff
0.7 FTE
Equity
€6.9m
Profit
€4.7m
Financial health
Bankruptcy probabilitywithin 12 months
0.2%
2018 figures too old to score
Structure
  • WITVENManager · permanent representative Chabot Isabelle
2019 accounts not filed, 2281 days past the deadline3 of 13 deeds summarised
Signalsraises riskFigures for financial year 2018 (filed 05-09-2019)lowers riskSector: Real estate activities (NACE 68)Legal form: general partnershipEquity €6.9m (81.7% of total assets)neutralNo filing for yearsA punctual record breaksShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2018 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2018
Strong
Solvency 100
equity 81.7% of total assets
Liquidity 60
short-term debt 3.4% · cash 8.4%
Profitability 33
return on assets 55.9%
Bankruptcy probability, 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 0.2% (26,621 companies, NACE 68, micro)
Last 24 months 11-2024: 0.2%highest value 12-2024: 0.2%● unchanged vs 11-2024highest value 01-2025: 0.2%● unchanged vs 12-2024highest value 02-2025: 0.2%● unchanged vs 01-2025highest value 03-2025: 0.2%● unchanged vs 02-2025highest value 04-2025: 0.2%● unchanged vs 03-2025highest value 05-2025: 0.2%● unchanged vs 04-2025highest value 06-2025: 0.2%● unchanged vs 05-2025highest value 07-2025: 0.2%● unchanged vs 06-2025highest value 08-2025: 0.2%● unchanged vs 07-2025highest value 09-2025: 0.2%● unchanged vs 08-2025highest value 10-2025: 0.2%● unchanged vs 09-2025highest value 11-2025: 0.2%● unchanged vs 10-2025highest value 12-2025: 0.2%● unchanged vs 11-2025highest value 01-2026: 0.2%● unchanged vs 12-2025highest value 02-2026: 0.2%● unchanged vs 01-2026highest value 03-2026: 0.2%● unchanged vs 02-2026highest value 04-2026: 0.2%● unchanged vs 03-2026highest value 05-2026: 0.2%● unchanged vs 04-2026highest value 06-2026: 0.2%● unchanged vs 05-2026highest value 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.2%● unchanged vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value
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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2018 (filed 05-09-2019)
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Legal form: general partnership
KBO
lowers risk · Equity €6.9m (81.7% of total assets)
NBB · annual accounts
neutral · No filing for years
The last filed financial year closed on 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2019 year end31-07-2020 deadline29-10-2026 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.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Chabot Isabelle (manager)Appointment: Witven (manager) · Permanent…
  2. Appointment: Isabelle Chabot (manager)Correction
  3. Resignation: Johan MICHIELSENS (manager)Gazette deed

Key points

  • Risk: 2019 accounts not fileddeadline was 31-07-2020 2281 days past the deadline View
  • Active since 1990founded 22-05-1990 36 years View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2018
Turnover
€537,250
Profit
€4.7m
Solvency
81.7%
Go to Financials

Timeline

Events
32
Since
1991
  1. 30-08-2019Annual accounts filed
  2. 25-07-2018Annual accounts filed
  3. 23-06-2017Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
General partnership
Activity
Buying and selling of own real estateNACE 68110
Founded
22-05-1990
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about DE JOHAN MICHIELSENS HANDELSONDERNEMING

What is the company number of DE JOHAN MICHIELSENS HANDELSONDERNEMING?
0440.906.372. In Belgium the VAT number is the company number with BE in front: BE 0440.906.372.
Where is DE JOHAN MICHIELSENS HANDELSONDERNEMING based?
The registered office is at Dijkstraat(WEE) 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?
General partnership (VOF).
When was DE JOHAN MICHIELSENS HANDELSONDERNEMING 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?
On average 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?
€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.

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