micala management
ActiveSummary
micala management has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €108,159 and a net result of €7,617. Equity is growing by ~44.3% per year across the filed fiscal years. Its solvency ranks better than 20% of 7859 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability46▼-18
Solvency36▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 3.01 against 1.79 in 2024; short-term debt: 4.6% and cash: 3.1% of total assets), but 89.1% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
10.9%
Return on assets
0.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 7859 sector peers (2025).
NBB · sector comparisonPosition among 7859 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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
3 d late
2024
25 d late
2023
20 d late
2022
428 d late
2021
31 d late
2020
26 d late
2019
18 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 79 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 25 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€170,690▼ 88.3%
2018 · €1.5m
EBIT margin
33.4%▲ 32.0pp
2018 · 1.4%
Net result
€7,617▼ 64.3%
2024 · €21,344
Working capital
€91,362▲ 60.4%
2024 · €56,950
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result€45,144€82,356▲ 82.4%€73,852▼ 10.3%€46,702▼ 36.8%€33,081▼ 29.2%
Net result€28,190within the sector's middle half€71,022above the sector's middle half▲ 152%€27,726within the sector's middle half▼ 61.0%€21,344within the sector's middle half▼ 23.0%€7,617within the sector's middle half▼ 64.3%
EBIT margin
Equity-€19,549below the sector's middle half▲ 60.7%€51,472within the sector's middle half€79,198within the sector's middle half▲ 53.9%€100,542within the sector's middle half▲ 26.9%€108,159within the sector's middle half▲ 7.6%
Total assets€977,357within the sector's middle half▼ 7.5%€1.0mabove the sector's middle half▲ 6.6%€1.0mabove the sector's middle half▼ 2.6%€1.0mabove the sector's middle half▲ 1.0%€987,969above the sector's middle half▼ 3.6%
Debt€996,906▼ 9.9%€990,844▼ 0.6%€935,848▼ 5.6%€924,662▼ 1.2%€879,810▼ 4.9%
Working capital-€21,406within the sector's middle half-€34,606below the sector's middle half▼ 61.7%€68,262within the sector's middle half€56,950within the sector's middle half▼ 16.6%€91,362within the sector's middle half▲ 60.4%
Solvency-2.0%below the sector's middle half▲ 2.7pp4.9%below the sector's middle half▲ 6.9pp7.8%below the sector's middle half▲ 2.9pp9.8%below the sector's middle half▲ 2.0pp10.9%below the sector's middle half▲ 1.1pp
Current ratio0.50below the sector's middle half▼ 0.860.45below the sector's middle half▼ 0.052.15within the sector's middle half▲ 1.691.79within the sector's middle half▼ 0.363.01within the sector's middle half▲ 1.22
Return on assets (ROA)2.9%within the sector's middle half▲ 4.2pp6.8%within the sector's middle half▲ 3.9pp2.7%within the sector's middle half▼ 4.1pp2.1%within the sector's middle half▼ 0.6pp0.8%within the sector's middle half▼ 1.3pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 29% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €987,969
Fixed assets
€851,207 ▼ 5.0%
Current assets
€136,762 ▲ 5.9%
Equity and liabilities €987,969
Equity
€108,159 ▲ 7.6%
Debt
€879,810 ▼ 4.9%
Debt's share of the balance-sheet total falls from 90.2% to 89.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€77,931▼
2024 · €96,164
Cash flow
€52,467▼
2024 · €70,806
Debt to equity
8.13▼
2024 · 9.20
ROE
7.0%▼
2024 · 21.2%
Interest coverage
3.18▼
2024 · 5.09
Debt ≤ 1 year
€45,400▼
2024 · €72,197
Debt > 1 year
€834,410▼
2024 · €852,465
Income taxes
€3,944▼
2024 · €9,452
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,105 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 98% are still going.
- Small
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.0%
went bankrupt
0.9%
stopped otherwise
98%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 4,105 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €41,800 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41,265 | €42,628 | €42,181 | €49,462 | €44,850 | ▼ 9.3% |
| Other operating charges640/8 | €4,324 | €4,201 | €8,371 | €5,139 | €5,470 | ▲ 6.4% |
| Gross operating margin9900 | €90,733 | €129,184 | €124,404 | €101,303 | €83,400 | ▼ 17.7% |
| Operating profit (loss)9901 | €45,144 | €82,356 | €73,852 | €46,702 | €33,081 | ▼ 29.2% |
| Financial income75/76B | - | €635 | €3,450 | €2,977 | €2,953 | ▼ 0.8% |
| Recurring financial income75 | - | €635 | €3,450 | €2,977 | €2,953 | ▼ 0.8% |
| Financial charges65/66B | €10,022 | €9,651 | €8,519 | €18,884 | €24,473 | ▲ 29.6% |
| Recurring financial charges65 | €10,022 | €9,651 | €8,519 | €18,884 | €24,473 | ▲ 29.6% |
| Profit (loss) for the period before taxes9903 | €35,122 | €73,340 | €68,783 | €30,795 | €11,561 | ▼ 62.5% |
| Income taxes67/77 | €6,932 | €2,318 | €41,057 | €9,452 | €3,944 | ▼ 58.3% |
| Profit (loss) for the period9904 | €28,190 | €71,022 | €27,726 | €21,344 | €7,617 | ▼ 64.3% |
| Profit (loss) for the period to be appropriated9905 | €28,190 | €71,022 | €27,726 | €21,344 | €7,617 | ▼ 64.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €977,357 | €1.0m | €1.0m | €1.0m | €987,969 | ▼ 3.6% |
| Fixed assets21/28 | €955,835 | €1.0m | €887,370 | €896,057 | €851,207 | ▼ 5.0% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €955,835 | €921,359 | €887,370 | €896,057 | €851,207 | ▼ 5.0% |
| Land and buildings22 | €661,631 | €645,312 | €637,039 | €621,773 | €604,629 | ▼ 2.8% |
| Plant, machinery and equipment23 | €263,651 | €249,943 | €235,494 | €223,406 | €208,876 | ▼ 6.5% |
| Furniture and vehicles24 | €30,553 | €26,104 | €14,838 | €50,879 | €37,702 | ▼ 25.9% |
| Financial fixed assets28 | - | €92,175 | - | - | - | - |
| Current assets29/58 | €21,522 | €28,781 | €127,676 | €129,147 | €136,762 | ▲ 5.9% |
| Amounts receivable after more than one year29 | - | - | €104,096 | €107,074 | €102,398 | ▼ 4.4% |
| Other amounts receivable291 | - | - | €104,096 | €107,074 | €102,398 | ▼ 4.4% |
| Amounts receivable within one year40/41 | €8,818 | €22,937 | €19,427 | €12,930 | €1,871 | ▼ 85.5% |
| Trade receivables40 | €8,818 | €22,937 | €19,427 | €12,930 | €1,871 | ▼ 85.5% |
| Cash at bank and in hand54/58 | €12,704 | €5,195 | €3,895 | €7,224 | €30,429 | ▲ 321% |
| Deferred charges and accrued income490/1 | - | €649 | €257 | €1,919 | €2,064 | ▲ 7.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €977,357 | €1.0m | €1.0m | €1.0m | €987,969 | ▼ 3.6% |
| Equity10/15 | -€19,549 | €51,472 | €79,198 | €100,542 | €108,159 | ▲ 7.6% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | €18,600 | - | - | - | - | - |
| Issued capital100 | €18,600 | - | - | - | - | - |
| Reserves13 | - | - | €27,726 | €49,070 | €56,687 | ▲ 15.5% |
| Distributable reserves133 | - | - | €27,726 | €49,070 | €56,687 | ▲ 15.5% |
| Profit (loss) carried forward14 | -€38,149 | €32,872 | €32,872 | €32,872 | €32,872 | = |
| Amounts payable17/49 | €996,906 | €990,844 | €935,848 | €924,662 | €879,810 | ▼ 4.9% |
| Amounts payable after more than one year17 | €953,978 | €927,456 | €876,434 | €852,465 | €834,410 | ▼ 2.1% |
| Financial debts170/4 | €953,978 | €927,456 | €876,434 | €852,465 | €834,410 | ▼ 2.1% |
| Amounts payable within one year42/48 | €42,928 | €63,388 | €59,414 | €72,197 | €45,400 | ▼ 37.1% |
| Current portion of amounts payable after more than one year42 | €25,933 | €26,921 | €27,122 | €23,970 | €18,055 | ▼ 24.7% |
| Trade debts44 | €2,716 | €18,134 | €2,647 | €1,435 | €5,138 | ▲ 258% |
| Suppliers440/4 | €2,716 | €18,134 | €2,647 | €1,435 | €5,138 | ▲ 258% |
| Taxes, remuneration and social security45 | €12,349 | €18,332 | €29,646 | €36,023 | €22,207 | ▼ 38.4% |
| Taxes450/3 | - | €18,332 | €29,646 | €36,023 | €22,207 | ▼ 38.4% |
| Remuneration and social security454/9 | €12,349 | - | - | - | - | - |
| Other amounts payable47/48 | €1,930 | €0 | - | €10,769 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,190 | €71,022 | €27,726 | €21,344 | €7,617 | ▼ 64.3% |
| + Depreciation and write-downs630 | €41,265 | €42,628 | €42,181 | €49,462 | €44,850 | ▼ 9.3% |
| Operating cash flow (approximation) | €69,455 | €113,650 | €69,907 | €70,806 | €52,467 | ▼ 25.9% |
| Investment in fixed assets (approximation) | - | -€100,327 | €83,983 | -€58,149 | €0 | ▲ 100% |
| Change in cash | - | -€7,509 | -€1,300 | €3,329 | €23,205 | ▲ 597% |
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
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Equity above €100,000Eq €100,542 ▲26.9%
4 profitable years in a row build equity to €100,542.
01-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 428 days late
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Liquidity times 5current ratio 2.15
Current ratio from 0.45 to 2.15; short-term debt falls from €63,388 to €59,414.
2022
31-12
Financial
Highest result since 2018net €71,022 ▲152%
Operating result €82,356, net result €71,022, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-12
Financial
Back to profitnet €28,190
Net result €28,190 after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
31-12
Financial
Weakest financial yearnet -€13,952
Net result drops to -€13,952, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 18 days late
Show earlier events
2019
31-12
Financial
Liquidity doublescurrent ratio 3.06
Current ratio from 1.35 to 3.06.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
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, Lasne · 1 establishment unit since 2008
Ground area
2,795 m²
Building footprint
156 m²
Volume, LiDAR
868 m³
Parcel 25051F0217/00L000, Wallonia · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
MICALA MANAGEMENT
since 20082.168.412.333
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25051F0217/00L000 | Wallonia | 2,795 m² | 1 · 156 m² | 7.6 m · 2 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 11,218 companies in sector 82100 we hold annual accounts for 3,517. 2,618 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
Founded15-01-2008
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
69209Other tax advisory services
70200Business and other management consultancy
72200Scientific research and development
Contact
Phone
0475/925114Lasne
E-invoicing
Reachable via Peppol
Peppol ID
0208:0895147276
Registered
14-02-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.