MIC Rénovation & Construction
ActiveThe computed 12-month bankruptcy probability of MIC Rénovation & Construction is 3.4% (moderate). The 2025 annual accounts show equity of €5k and a net result of €-3k. Equity is shrinking by ~26.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 72% of 27619 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency92▼-8
Growth32=
Track record94
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 1.82 against 2.88 in 2024; short-term debt: 32.8% and cash: 7.5% of total assets), and 32.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.1%
Return on assets
-44.6%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
22232425
2022 to 2025 · latest year €-3k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
26 d late
2024
29 d late
2023
28 d late
2022
25 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k▼ 39.9%
2024 · €8k
2022: €8k
2023: €11k
2024: €8k
2022 → 2025
Total assets
€7k▼ 28.4%
2024 · €10k
2022: €13k
2023: €14k
2024: €10k
2022 → 2025
Net result
€-3k▲ 11.5%
2024 · €-4k
2022: €3k
2023: €3k
2024: €-4k
2022 → 2025
Working capital
€2k▼ 48.9%
2024 · €4k
2022: €8k
2023: €6k
2024: €4k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€8k-€11k▲ 39.9%€8k▼ 31.1%€5k▼ 39.9%
Operating result€4k-€4k▲ 3.9%€-3k€-3k▲ 11.6%
Net result€3k-€3k▲ 4.1%€-4k€-3k▲ 11.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €3k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7k
Fixed assets
€3k▼ 31.9%
Current assets
€4k▼ 25.8%
Equity and liabilities €7k
Equity
€5k▼ 39.9%
Debt
€2k▲ 17.7%
The debt ratio rises from 20.0% to 32.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▲
2024 · €-2k
Cash flow
€-2k▲
2024 · €-2k
Solvency
67.1%▼
2024 · 80.0%
Current ratio
1.82▼
2024 · 2.88
Quick ratio
0.40▼
2024 · 1.22
Debt / equity
0.49▲
2024 · 0.25
ROE
-66.4%▼
2024 · -45.1%
ROA
-44.6%▼
2024 · -36.1%
Interest coverage
-41.79▲
2024 · -51.42
Debt
€2k▲
2024 · €2k
Debt ≤ 1 year
€2k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€10k€7k▼
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Plant, machinery and equipment23€4k€3k▼
Current assets29/58€6k€4k▼
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€199€396▲
Other amounts receivable41€199€396▲
Cash at bank and in hand54/58€2k€528▼
Equity and liabilities
Total equity and liabilities10/49€10k€7k▼
Equity10/15€8k€5k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€3k€-304▼
Amounts payable17/49€2k€2k▲
Amounts payable within one year42/48€2k€2k▲
Trade debts44€489€834▲
Suppliers440/4€489€834▲
Other amounts payable47/48€1k€1k=
Accrued charges and deferred income492/3€6€8▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€49€50▲
Gross operating margin9900€-2k€-2k▲
Operating profit (loss)9901€-3k€-3k▲
Financial charges65/66B€42€42=
Recurring financial charges65€42€42=
Profit (loss) for the period before taxes9903€-4k€-3k▲
Profit (loss) for the period9904€-4k€-3k▲
Profit (loss) for the period to be appropriated9905€-4k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-304▼
Profit (loss) brought forward from the previous period14P€6k€3k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-4k ▼209%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Highest result since 2022net €3k ▲4.1%
Operating result €4k, net result €3k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Huy · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Bauduin-Pierre 34500 HuyGround area
985 m²
Building footprint
582 m²
Volume, LiDAR
3,839 m³
Parcel 61322A0323/00F002, Wallonia · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MIC Rénovation & Construction
since 20212.325.022.197
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61322A0323/00F002 | Wallonia | 985 m² | 1 · 582 m² | 9.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 8,564 companies in sector 43410 we hold annual accounts for 4,354. 1,384 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-11-2021
Fiscal year end31-12
Abbreviation FR
MIC RECO
Activities, NACEBEL
43410Roofing work
43421Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.