LIBEER MICHAEL
ActiveSummary
LIBEER MICHAEL has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €72,101 and a net result of €24,243. Equity is growing by ~28% per year across the filed fiscal years. Its solvency ranks better than 77% of 31942 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days only on tighter terms
Liquidity ample (current ratio 5.04 against 5.92 in 2024; short-term debt: 19.2% and cash: 54.5% of total assets), and 19.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
80.8%
Return on assets
27.2%
Age of the figures
15 mo
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-05-2026, 98 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
98 d late
2024
on the day
2023
on the day
2022
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 25 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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. Usually files around 31 January (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€72,101▲ 1.0%
2024 · €71,387
Total assets
€89,281▲ 4.3%
2024 · €85,619
Net result
€24,243▼ 16.5%
2024 · €29,048
Working capital
€69,397▼ 0.9%
2024 · €70,008
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€17,735-€20,516▲ 15.7%€32,658▲ 59.2%€32,715▲ 0.2%
Net result€13,475within the sector's middle half-€16,465within the sector's middle half▲ 22.2%€29,048within the sector's middle half▲ 76.4%€24,243within the sector's middle half▼ 16.5%
Equity€25,875below the sector's middle half-€42,340below the sector's middle half▲ 63.6%€71,387within the sector's middle half▲ 68.6%€72,101within the sector's middle half▲ 1.0%
Total assets€45,167below the sector's middle half-€53,095below the sector's middle half▲ 17.6%€85,619within the sector's middle half▲ 61.3%€89,281within the sector's middle half▲ 4.3%
Debt€19,292-€10,756▼ 44.2%€14,232▲ 32.3%€17,181▲ 20.7%
Working capital€23,779within the sector's middle half-€40,527within the sector's middle half▲ 70.4%€70,008within the sector's middle half▲ 72.7%€69,397within the sector's middle half▼ 0.9%
Solvency57.3%within the sector's middle half-79.7%above the sector's middle half▲ 22.5pp83.4%above the sector's middle half▲ 3.6pp80.8%above the sector's middle half▼ 2.6pp
Current ratio2.23within the sector's middle half-4.77above the sector's middle half▲ 2.545.92above the sector's middle half▲ 1.155.04above the sector's middle half▼ 0.88
Return on assets (ROA)29.8%above the sector's middle half-31.0%above the sector's middle half▲ 1.2pp33.9%above the sector's middle half▲ 2.9pp27.2%within the sector's middle half▼ 6.8pp
Staff (FTE)0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 0% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89,281
Fixed assets
€2,703 ▲ 96.0%
Current assets
€86,578 ▲ 2.8%
Equity and liabilities €89,281
Equity
€72,101 ▲ 1.0%
Debt
€17,181 ▲ 20.7%
Debt's share of the balance-sheet total rises from 16.6% to 19.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33,291▲
2024 · €33,092
Cash flow
€24,819▼
2024 · €29,481
Debt to equity
0.24▲
2024 · 0.20
ROE
33.6%▼
2024 · 40.7%
Interest coverage
192.52▲
2024 · 108.96
Debt ≤ 1 year
€17,181▲
2024 · €14,232
Income taxes
€8,332▲
2024 · €4,204
Staff costs
€379
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,970 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €379 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,322 | €1,607 | €433 | €576 | ▲ 32.9% |
| Other operating charges640/8 | €577 | €1,044 | €1,001 | €1,531 | ▲ 52.9% |
| Gross operating margin9900 | €19,634 | €23,168 | €34,093 | €35,201 | ▲ 3.3% |
| Operating profit (loss)9901 | €17,735 | €20,516 | €32,658 | €32,715 | ▲ 0.2% |
| Financial income75/76B | €291 | €789 | €897 | €32 | ▼ 96.4% |
| Recurring financial income75 | €291 | €789 | €897 | €32 | ▼ 96.4% |
| Financial charges65/66B | €42 | €75 | €304 | €173 | ▼ 43.1% |
| Recurring financial charges65 | €42 | €75 | €304 | €173 | ▼ 43.1% |
| Profit (loss) for the period before taxes9903 | €17,983 | €21,231 | €33,252 | €32,574 | ▼ 2.0% |
| Income taxes67/77 | €4,509 | €4,766 | €4,204 | €8,332 | ▲ 98.2% |
| Profit (loss) for the period9904 | €13,475 | €16,465 | €29,048 | €24,243 | ▼ 16.5% |
| Profit (loss) for the period to be appropriated9905 | €13,475 | €16,465 | €29,048 | €24,243 | ▼ 16.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €45,167 | €53,095 | €85,619 | €89,281 | ▲ 4.3% |
| Fixed assets21/28 | €2,096 | €1,813 | €1,380 | €2,703 | ▲ 96.0% |
| Tangible fixed assets22/27 | €2,096 | €1,813 | €1,380 | €2,703 | ▲ 96.0% |
| Plant, machinery and equipment23 | €451 | €1,578 | €1,380 | €1,115 | ▼ 19.2% |
| Furniture and vehicles24 | €1,644 | €235 | €0 | €1,589 | - |
| Current assets29/58 | €43,071 | €51,282 | €84,240 | €86,578 | ▲ 2.8% |
| Amounts receivable within one year40/41 | €20,874 | €21,973 | €48,457 | €32,839 | ▼ 32.2% |
| Trade receivables40 | €7,461 | €16,220 | €22,773 | €27,372 | ▲ 20.2% |
| Other amounts receivable41 | €13,412 | €5,753 | €25,684 | €5,467 | ▼ 78.7% |
| Current investments50/53 | - | - | - | €4,000 | - |
| Cash at bank and in hand54/58 | €21,907 | €28,633 | €34,886 | €48,621 | ▲ 39.4% |
| Deferred charges and accrued income490/1 | €291 | €676 | €896 | €1,118 | ▲ 24.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €45,167 | €53,095 | €85,619 | €89,281 | ▲ 4.3% |
| Equity10/15 | €25,875 | €42,340 | €71,387 | €72,101 | ▲ 1.0% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €13,000 | €29,000 | €58,000 | €59,701 | ▲ 2.9% |
| Distributable reserves133 | €13,000 | €29,000 | €58,000 | €59,701 | ▲ 2.9% |
| Profit (loss) carried forward14 | €475 | €940 | €987 | - | - |
| Amounts payable17/49 | €19,292 | €10,756 | €14,232 | €17,181 | ▲ 20.7% |
| Amounts payable within one year42/48 | €19,292 | €10,756 | €14,232 | €17,181 | ▲ 20.7% |
| Trade debts44 | €5,717 | €4,894 | €6,651 | €8,732 | ▲ 31.3% |
| Suppliers440/4 | €5,717 | €4,894 | €6,651 | €8,732 | ▲ 31.3% |
| Taxes, remuneration and social security45 | €13,576 | €5,862 | €7,581 | €8,449 | ▲ 11.4% |
| Taxes450/3 | €13,576 | €5,862 | €7,581 | €8,449 | ▲ 11.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,475 | €16,465 | €29,048 | €24,243 | ▼ 16.5% |
| + Depreciation and write-downs630 | €1,322 | €1,607 | €433 | €576 | ▲ 32.9% |
| Operating cash flow (approximation) | €14,797 | €18,072 | €29,481 | €24,819 | ▼ 15.8% |
| Investment in fixed assets (approximation) | - | -€1,324 | -€0 | -€1,900 | ▼ 1,899,900% |
| Change in cash | - | €6,726 | €6,253 | €13,734 | ▲ 120% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 98 days late
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2022net €29,048 ▲76.4%
Net result €29,048, the highest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Liquidity doublescurrent ratio 4.77
Current ratio from 2.23 to 4.77; short-term debt falls from €19,292 to €10,756.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Gent · 1 establishment unit since 2021
Ground area
9,488 m²
Building footprint
1,591 m²
Volume, LiDAR
69,089 m³
Parcel 44032A0454/00V000, Flanders · tallest building 48.7 m, ±15 floors. Linked by address, not a title deed.
1 establishment unit
LIBEER MICHAEL
since 20212.321.313.235
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44032A0454/00V000 | Flanders | 9,488 m² | 1 · 1,591 m² | 48.7 m · 15 fl. |
Linked by address, not proof of ownership
Good to know
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 82,642 companies in sector 70200 we hold annual accounts for 52,629. 39,805 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-08-2021
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0772543830
Also
9925:BE0772543830
Registered
25-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.