Turnover
≈ €280,000 estimated
The accounts state no turnover.
MIC
Lifetime
20 annual accounts with figures on one time axis, 22 filings since 2004peak €381,910 (2018)
€159,383▲ 6.2%
lowest -€148,256 (2017)
€28,513▲ 55.4%
peak €1.7m (2025)
€1.7m▲ 1.7%
€1.3m▼ 3.3%
Board3 names since 2017
2 directorsMichiels Achille and 1 other
Documentsfilings and deeds
06-07-202625 days before the deadline
2025abbreviated format
Result from €18,343 to €28,513Cash from €46,002 to €137,652
Key points
from the 2025 annual accountsFilings
22 annual accounts since 2004
The last five annual accounts were filed 5 to 33 days before the end of the period.
Position in the sector
€1.7m
More equity than 81% of companies in real estate. Sector median €300,015 · 11,302 companies.
Checked score
95
Excellent
Financially stronger than 60% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%lowest value
01-2025: < 0.1%● unchanged vs 12-2024lowest value
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 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: 0.1%▲ +0.1 percentage points 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%▼ -0.1 percentage points 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
Financial strengthStrong
Score breakdown
lowers risk
Size: total assets €3.1m
Figures for financial year 2025 (filed on 06-07-2026)
Founded in 2003
Equity €1.7m (55.3% of total assets)
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 (NACE 68, small). It does better than 72% of them on solvency, 44% on liquidity, 71% on profitability and 52% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as MIC has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of MIC itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for MIC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €160,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.18 (0.06 in 2024), below 1. Short-term debt is 24.4% and cash 4.5% of total assets. 44.7% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 days early
2024
21 days early
2023
5 days early
2022
14 days early
2021
33 days early
2020
18 days early
2019
28 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed 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 10 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0860709902
Capital increase of €350,000 to €1,400,000
Capital from €1,050,000 to €1,400,000, 3,500 new shares · General meeting of 21-12-2020 · Gazette deed
Environmental permit granted
Bouwen of herbouwen, Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen · Merchtem
Capital increase of €730,000 to €1,050,000
Capital from €320,000 to €1,050,000, 7,300 new shares · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MIC Sint-Pieters-Leeuw | €3.1m | €159,383 | 55.3% | - |
| IMMODEY Deinze | €3.4m | €164,582 | 19.4% | - |
| IMMO BE Lokeren | €3.1m | €154,844 | 14.9% | - |
| BLAD Bonheiden | €3.0m | €156,552 | 82.4% | - |
| VASTGOEDPROJECTONTWIKKELING Knokke-Heist | €3.0m | €160,492 | 62.6% | - |
| MBK-INVEST Erpe-Mere | €2.8m | €200,350 | 52.7% | 0 |
| AMGL Knokke-Heist | €3.8m | €132,588 | 65.1% | - |
These companies have the same main activity as MIC: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €2.8m and €3.8m, founded between 2000 and 2005.
Official details
Source: KBO- Status
- Active since 25-09-2003Normal situation
- Activity
- Real estate agency activitiesNACE 68310
- Establishment unit
- 2.277.746.8721602 Sint-Pieters-Leeuw, since 25-09-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Annual accounts 2025
- €3.1m▼ 0.6%
- Filing
- Filed on 06-07-2026, 25 days before the end of the filing period
Insights on MIC
MIC files the abbreviated format. That format states no turnover. The gross margin rose from €32,475 in 2006 to €159,383 in 2025.
The balance sheet grew most from 2016 to 2017 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MIC
- What is the company number of MIC?
- The company number of MIC is 0860.709.902. The VAT number is the same number with BE in front: BE 0860.709.902.
- Where is MIC based?
- The registered office is at Lenniksebaan 986, 1602 Sint-Pieters-Leeuw.Company details
- What does MIC do?
- According to the KBO register, the main activity is real estate agency activities (NACE 68310).
- What is the legal form of MIC?
- MIC is a public limited company (NV).
- When was MIC founded?
- MIC was founded on 25-09-2003.
- Is MIC still active?
- Yes, MIC is an active enterprise in the KBO register.
- What is the turnover of MIC?
- The turnover in financial year 2025 is ≈ €280,000. This figure is estimated from the gross margin of €159,383 and 32 comparable companies (NACE 68310). It probably lies between €220,000 and €430,000.Financials
- Is MIC profitable?
- In financial year 2025, MIC made a profit of €28,513.
- Where can I find the annual accounts of MIC?
- MIC filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MIC due?
- MIC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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