MICA
ActiveMICA has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €121k and a net result of €-26k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 15% of 969 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
22
/ 100
Critical▼ -37 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-37
Solvency27▲+3
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.34 against 1.15 in 2024), and 87.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 42
Relative position
BE, all sectors
reference
Sector 42
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
12.1%
Return on assets
-2.6%
Age of the figures
14 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 969 sector peers (2025).
NBB · sector comparisonPosition among 969 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-02-2026, 6 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 · 10 filingsDeviation from the deadline
2025
6 d late
2024
on the day
2023
14 d late
2022
on the day
2021
4 d early
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close13-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€121k▼ 17.7%
2024 · €146k
2019: €67k
2020: €75k
2021: €111k
2022: €129k
2023: €136k
2024: €146k
2019 → 2025
Total assets
€999k▼ 4.1%
2024 · €1.04M
2019: €903k
2020: €792k
2021: €836k
2022: €1.06M
2023: €1.06M
2024: €1.04M
2019 → 2025
Net result
€-26k
2024 · €11k
2019: €-60k
2020: €9k
2021: €36k
2022: €18k
2023: €7k
2024: €11k
2019 → 2025
Working capital
€248k▲ 84.9%
2024 · €134k
2019: €149k
2020: €67k
2021: €100k
2022: €218k
2023: €167k
2024: €134k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€111k-€129k▲ 15.9%€136k▲ 5.4%€146k▲ 7.9%€121k▼ 17.7%
Operating result€42k-€35k▼ 18.5%€32k▼ 7.8%€31k▼ 2.8%€-3k
Net result€36k-€18k▼ 50.7%€7k▼ 60.7%€11k▲ 54.8%€-26k
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 turns negative in 2025: a loss of €3k after €31k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €999k
Fixed assets
€15k▼ 45.7%
Current assets
€984k▼ 2.9%
Equity and liabilities €999k
Equity
€121k▼ 17.7%
Debt
€879k▼ 1.8%
The debt ratio rises from 85.9% to 87.9%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€99▼
2024 · €39k
Cash flow
€-23k▼
2024 · €19k
Solvency
12.1%▼
2024 · 14.1%
Current ratio
1.34▲
2024 · 1.15
Quick ratio
0.82▲
2024 · 0.73
Debt / equity
7.29▲
2024 · 6.11
ROE
-21.4%▼
2024 · 7.3%
ROA
-2.6%▼
2024 · 1.0%
Interest coverage
0.00▼
2024 · 2.15
Debt
€879k▼
2024 · €895k
Debt ≤ 1 year
€736k▼
2024 · €879k
Debt > 1 year
€0▼
2024 · €16k
Income taxes
€0▼
2024 · €5k
Staff costs
€67k▼
2024 · €79k
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€1.04M€999k▼
Fixed assets21/28€28k€15k▼
Tangible fixed assets22/27€28k€15k▼
Plant, machinery and equipment23€21k€8k▼
Furniture and vehicles24€0-
Other tangible fixed assets26€7k€7k▼
Current assets29/58€1.01M€984k▼
Stocks and contracts in progress3€373k€377k▲
Stocks30/36€23k€27k▲
Contracts in progress37€350k€350k=
Amounts receivable within one year40/41€458k€472k▲
Trade receivables40€448k€461k▲
Other amounts receivable41€10k€11k▲
Cash at bank and in hand54/58€111k€29k▼
Deferred charges and accrued income490/1€71k€106k▲
Equity and liabilities
Total equity and liabilities10/49€1.04M€999k▼
Equity10/15€146k€121k▼
Contributions10/11€19k€19k=
Reserves13€113k€113k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€5k€5k=
Distributable reserves133€106k€106k=
Profit (loss) carried forward14€15k€-11k▼
Amounts payable17/49€895k€879k▼
Amounts payable after more than one year17€16k€0▼
Financial debts170/4€16k€0▼
Amounts payable within one year42/48€879k€736k▼
Current portion of amounts payable after more than one year42€193k€164k▼
Financial debts43€5k€218▼
Credit institutions430/8€5k€218▼
Trade debts44€373k€344k▼
Suppliers440/4€373k€344k▼
Advances received on contracts in progress46€229€0▼
Taxes, remuneration and social security45€33k€10k▼
Taxes450/3€21k€5k▼
Remuneration and social security454/9€12k€5k▼
Other amounts payable47/48€275k€218k▼
Accrued charges and deferred income492/3€0€142k▲
Income statement
Code20242025
Remuneration, social security and pensions62€79k€67k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€3k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€16k
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A€2k€25▼
Gross operating margin9900€121k€86k▼
Operating profit (loss)9901€31k€-3k▼
Financial income75/76B€3k€90▼
Recurring financial income75€3k€90▼
Financial charges65/66B€18k€23k▲
Recurring financial charges65€18k€23k▲
Profit (loss) for the period before taxes9903€15k€-26k▼
Income taxes67/77€5k€0▼
Profit (loss) for the period9904€11k€-26k▼
Profit (loss) for the period to be appropriated9905€11k€-26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€15k€-11k▼
Profit (loss) brought forward from the previous period14P€4k€15k▲
The notes to these accounts (7 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
06-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €36k ▲315%
Operating result €42k, net result €36k, both a record.
30-06
Financial
Equity above €100kEq €111k ▲47.4%
2 profitable years in a row build equity to €111k.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2003
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.
Doornpark(BEV) 119120 Beveren-Kruibeke-ZwijndrechtGround area
26 m²
Building footprint
26 m²
Volume, LiDAR
79 m³
Parcel 46503C1244/00A000, Flanders · tallest building 3.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Doornpark(BEV) 11, 9120 Beveren-Kruibeke-Zwijndrecht
since 20032.131.616.867
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46503C1244/00A000 | Flanders | 26 m² | 1 · 26 m² | 3.1 m · 1 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.
Recognitions · licences · registrations
Recognised contractor
8 categoriesMICA BVBA38589
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BESTRATINGEN M & S VAN DORST
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Essen · Eq €121k
MTM BESTRATING
BE 0792.258.188
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KLINKERWERKEN VERTESSEN
BE 0883.448.581
Aarschot · Eq €120k
Of 2,316 companies in sector 42110 we hold annual accounts for 1,088. 749 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-04-2003
Fiscal year end30-06
Activities, NACEBEL
42110Construction of roads and motorways
43421Specialised construction activities
71340
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.