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HOEDAERT - MICHIELS

Active
Private limited companyfounded 1996active for 30 yearsLestpolder(Gri) 112, 9506 Geraardsbergen, BelgiumKBO/BCE: BE 0457.394.887
Summary

HOEDAERT - MICHIELS has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €712,518 and a net result of €11,060. Equity has been stable since 2018 (±1.7% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 22-02-1996 Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.075.692.904 9506 Geraardsbergen, since 14-03-1996
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
  • HOEDAERT KRISTOFDirector
  • MICHIELS ARLETTEDirector

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€62,222
▼ 14.9%
Turnover
≈ €190,000
estimated
Profit
€11,060
▼ 36.6%
Equity
€712,518
▼ 3.0%
Total assets
€826,720
▼ 2.3%
Score breakdownlowers riskSize: total assets €826,720Equity €712,518 (86.2% of total assets)Figures for financial year 2025 (filed on 24-07-2026)No main activity registeredShow the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 56% of micro companies without a NACE code
Financial strength · tick: 2024
Strong
Solvency 100=
equity 86.2% of total assets
Liquidity 61+2
short-term debt 4.6% · cash 9.1%
Profitability 70-1
return on assets 1.3%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €65,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.72 (2.62 in 2024), above the usual 1.5. Short-term debt is 4.6% and cash 9.1% of total assets. 13.8% 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 (no NACE code, micro). It does better than 81% of them on solvency, 58% on liquidity, 50% on profitability and 35% on growth.

The bankruptcy probability was computed on 02-11-2026 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 riskneutral
lowers risk · Size: total assets €826,720
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 · Equity €712,518 (86.2% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 24-07-2026)
NBB · annual accounts
lowers risk · No main activity registered
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
7 days early
2024
7 days early
2023
1 day early
2022
5 days early
2021
30 days late
2020
31 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

The company filed its last 7 accounts on average 10 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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 26 July (4 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

  • Positive: 8 profitable years in a rowprofit 2025: €11,060 8 years View
  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Incorporation
All 15 events

Key facts about HOEDAERT - MICHIELS

What is the company number of HOEDAERT - MICHIELS?
The company number of HOEDAERT - MICHIELS is 0457.394.887. The VAT number is the same number with BE in front: BE 0457.394.887.
Where is HOEDAERT - MICHIELS based?
The registered office is at Lestpolder(Gri) 112, 9506 Geraardsbergen.Company details
What is the legal form of HOEDAERT - MICHIELS?
The legal form of HOEDAERT - MICHIELS is Private limited company (BV).
When was HOEDAERT - MICHIELS founded?
HOEDAERT - MICHIELS was founded on 22-02-1996.
Is HOEDAERT - MICHIELS still active?
Yes, HOEDAERT - MICHIELS is an active enterprise in the KBO register.
What is the turnover of HOEDAERT - MICHIELS?
The turnover in financial year 2025 is ≈ €190,000. This figure is estimated from the gross margin of €62,222 and 2,666 comparable companies of the same size. It probably lies between €120,000 and €320,000. It is a rough estimate.Financials
Is HOEDAERT - MICHIELS profitable?
In financial year 2025, HOEDAERT - MICHIELS made a profit of €11,060.
Where can I find the annual accounts of HOEDAERT - MICHIELS?
HOEDAERT - MICHIELS filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of HOEDAERT - MICHIELS due?
HOEDAERT - MICHIELS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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