MIC-R
ActiveSummary
The computed 12-month bankruptcy probability of MIC-R is 2.0% (moderate). The 2024 annual accounts show equity of €62,412 and a net result of €1,971. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 25% of 4838 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
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Signals
This company filed its last 5 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
History
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Financials · fiscal year 2024, full schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 1,599 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a profit under 5% of the balance sheet
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 1,599 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,850 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,906 | €4,688 | €3,207 | €1,025 | €1,033 | ▲ 0.7% |
| Other operating charges640/8 | - | €14,690 | €3,251 | €2,159 | €2,979 | ▲ 38.0% |
| Gross operating margin9900 | €65,366 | €28,662 | €10,860 | €2,461 | €6,517 | ▲ 165% |
| Operating profit (loss)9901 | €53,971 | €9,285 | €4,402 | -€723 | €2,506 | ▲ 447% |
| Financial income75/76B | - | €0 | €1 | - | - | - |
| Recurring financial income75 | €1 | €0 | €1 | - | - | - |
| Financial charges65/66B | - | €283 | €186 | €100 | €140 | ▲ 40.0% |
| Recurring financial charges65 | €5,157 | €283 | €186 | €100 | €140 | ▲ 40.0% |
| Profit (loss) for the period before taxes9903 | €48,815 | €9,002 | €4,217 | -€823 | €2,366 | ▲ 387% |
| Income taxes67/77 | €10,142 | €2,679 | €1,020 | -€671 | €395 | ▲ 159% |
| Profit (loss) for the period9904 | €38,673 | €6,323 | €3,197 | -€152 | €1,971 | ▲ 1,397% |
| Profit (loss) for the period to be appropriated9905 | €38,673 | €6,323 | €3,197 | -€152 | €1,971 | ▲ 1,397% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €957,387 | €723,129 | €960,584 | €949,610 | €1.0m | ▲ 7.1% |
| Fixed assets21/28 | €8,594 | €3,906 | €370,136 | €379,549 | €389,371 | ▲ 2.6% |
| Tangible fixed assets22/27 | €8,594 | €3,906 | €1,628 | €603 | €15,038 | ▲ 2,395% |
| Plant, machinery and equipment23 | - | - | €423 | €277 | €131 | ▼ 52.6% |
| Furniture and vehicles24 | - | €3,906 | €1,205 | €325 | €14,906 | ▲ 4,480% |
| Financial fixed assets28 | - | - | €368,508 | €378,946 | €374,333 | ▼ 1.2% |
| Current assets29/58 | €948,793 | €719,223 | €590,448 | €570,062 | €627,503 | ▲ 10.1% |
| Stocks and contracts in progress3 | €851,009 | €687,152 | €554,984 | €529,617 | €622,663 | ▲ 17.6% |
| Stocks30/36 | - | €687,152 | €554,984 | €529,617 | €622,663 | ▲ 17.6% |
| Amounts receivable within one year40/41 | €12,000 | - | €2,428 | €38,885 | €3,472 | ▼ 91.1% |
| Trade receivables40 | - | - | €1,799 | €37,223 | €3,472 | ▼ 90.7% |
| Other amounts receivable41 | - | - | €629 | €1,662 | - | - |
| Cash at bank and in hand54/58 | €85,365 | €31,779 | €32,736 | €1,560 | €72 | ▼ 95.4% |
| Deferred charges and accrued income490/1 | - | €292 | €300 | - | €1,295 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €957,387 | €723,129 | €960,584 | €949,610 | €1.0m | ▲ 7.1% |
| Equity10/15 | €51,073 | €57,396 | €60,593 | €60,441 | €62,412 | ▲ 3.3% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Outside capital11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Other1109/19 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Profit (loss) carried forward14 | €38,673 | €44,996 | €48,193 | €48,041 | €50,012 | ▲ 4.1% |
| Amounts payable17/49 | €906,314 | €665,733 | €899,991 | €889,169 | €954,461 | ▲ 7.3% |
| Amounts payable within one year42/48 | €906,314 | €665,733 | €899,991 | €889,169 | €954,461 | ▲ 7.3% |
| Trade debts44 | €125,505 | €251 | €1,743 | €39,636 | €3,752 | ▼ 90.5% |
| Suppliers440/4 | - | €251 | €1,743 | €39,636 | €3,752 | ▼ 90.5% |
| Taxes, remuneration and social security45 | - | €4,165 | €3,692 | - | €1,761 | - |
| Taxes450/3 | - | €4,165 | €3,692 | - | €1,761 | - |
| Other amounts payable47/48 | - | €661,317 | €894,556 | €849,534 | €948,948 | ▲ 11.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,673 | €6,323 | €3,197 | -€152 | €1,971 | ▲ 1,397% |
| + Depreciation and write-downs630 | €3,906 | €4,688 | €3,207 | €1,025 | €1,033 | ▲ 0.7% |
| Operating cash flow (approximation) | €42,579 | €11,010 | €6,403 | €873 | €3,004 | ▲ 244% |
| Investment in fixed assets (approximation) | - | €0 | -€369,437 | -€10,438 | -€10,855 | ▼ 4.0% |
| Change in cash | - | -€53,587 | €957 | -€31,176 | -€1,488 | ▲ 95.2% |
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
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616A0092/00V000 | Brussels | 197 m² | 1 · 128 m² | 11.6 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
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