Dr. Brands Michiel
The computed 12-month bankruptcy probability of Dr. Brands Michiel is 0.2% (very low). The 2025 annual accounts show equity of €7k and a net result of €354k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 2219 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €7k |
| Net result | €354k |
| Staff (FTE) | 0.8 |
| Better than sector | 8% |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 1.2% | 58.2% | |
| Net result | €354k | €60k | |
| Equity | €7k | €74k | |
| Gross operating margin | €526k | €95k | |
| Staff costs | €41k | €22k |
Show 11 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €480k |
| Net profit | €354k |
| Cash flow | €356k |
| Staff costs | €41k |
| Income taxes | €113k |
| Dividends | €652k |
| Total assets | €552k |
| Equity | €7k |
| Debt | €545k |
| of which ≤ 1y | €545k |
| of which > 1y | - |
| Working capital | €-16k |
| Employees (FTE) | 0.8 |
| 2025 | |
|---|---|
| Current ratio | 0.97 |
| Quick ratio | 0.97 |
| Working capital ratio | -3.0% |
| Solvency | 1.2% |
| Debt / equity | 80.17 |
| Long-term debt ratio | - |
| Interest coverage | 44.68 |
| Gross margin | - |
| Net margin | - |
| ROA | 64.2% |
| ROE | 5207.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €552k |
| Fixed assets | 21/28 | €23k |
| Tangible fixed assets | 22/27 | €23k |
| Current assets | 29/58 | €528k |
| Amounts receivable within one year | 40/41 | €165k |
| Cash & bank | 54/58 | €364k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €552k |
| Equity | 10/15 | €7k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €4k |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €545k |
| Amounts payable within one year | 42/48 | €545k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €526k |
| Operating result | 9901 | €478k |
| Financial income | 75 | €7 |
| Financial charges | 65 | €11k |
| Result before taxes | 9903 | €467k |
| Income taxes | 67/77 | €113k |
| Net result for the period | 9904 | €354k |
| Result to be appropriated | 9905 | €354k |
| NACE primary | Activiteiten van medisch specialisten(86220) |
| Legal form | Private limited company(610) |
| Incorporation | 15-07-2021 |
| Status | Active |
| Postal code | 3500 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71324E0490/00D002 | Flanders | 5.7 ha | 1 · 9,438 m² | 29.9 m · 5 fl. |
| 71052C0394/00A000 | Flanders | 1.3 ha | 1 · 390 m² | 7.9 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
06-01-2026 Registered office moved within Hasselt
- Trekschurenstraat 302, 3500 Hasselt → Kattendansstraat 122, 3500 Hasselt
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Hasselt",
"region": null,
"street": "Kattendansstraat",
"country": "BE",
"postcode": "3500",
"box_number": null,
"street_number": "122"
},
"old_address": {
"city": "Hasselt",
"region": null,
"street": "Trekschurenstraat",
"country": "BE",
"postcode": "3500",
"box_number": null,
"street_number": "302"
},
"effective_date": "2025-12-01",
"evidence_quote": "Het bestuur beslist dat de zetel van de vennootschap zal worden verplaatst van Trekschurenstraat 302, 3500 Hasselt naar Kattendansstraat 122, 3500 Hasselt, en dit vanaf 01/12/2025."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0771.461.487",
"name_full": "DR. BRANDS MICHIEL",
"legal_form": "BV"
}
}19-07-2021 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "3500 Hasselt, Trekschurenstraat 302",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "BRANDS Michiel Alexander Leopold",
"niss": null,
"address": "3500 Hasselt, Trekschurenstraat 302"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2500,
"holder_person_name": "BRANDS Michiel Alexander Leopold",
"is_subscriber_only": true,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 2500,
"is_anonymous_silent_partner": false
},
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "Brands Michiel",
"niss": null,
"address": null
},
"share_class": null,
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": null,
"amount_paid_in_eur": 0,
"holder_person_name": "Brands Michiel",
"is_subscriber_only": true,
"n_shares_subscribed": 0,
"amount_subscribed_eur": 0,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 2500,
"subject_company": {
"kbo": "0771.461.487",
"name_full": "Dr. Brands Michiel",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-07-14",
"post_incorporation_mandates": []
}| Legal nameNL | Dr. Brands Michiel |