MICAMIK
MICAMIK has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €662k and a net result of €429k. Equity is growing by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 62% of 4023 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
| Equity | €662k |
| Net result | €429k |
| Staff (FTE) | 17.2 |
| Better than sector | 62% |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 47.2% | 36.1% | |
| Net result | €429k | €42k | |
| Equity | €662k | €441k | |
| Gross operating margin | €1.20M | €324k | |
| Staff costs | €657k | €340k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema |
| Revenue | - | - | - | - |
| EBITDA | €523k | €720k | €445k | €134k |
| Net profit | €429k | €602k | €314k | €8k |
| Cash flow | €491k | €652k | €404k | €123k |
| Staff costs | €657k | €600k | €747k | €881k |
| Income taxes | €25k | €60k | €27k | €4k |
| Dividends | - | - | - | €90k |
| Total assets | €1.40M | €1.51M | €1.24M | €1.25M |
| Equity | €662k | €588k | €415k | €341k |
| Debt | €742k | €918k | €824k | €910k |
| of which ≤ 1y | €633k | €878k | €775k | €828k |
| of which > 1y | €34k | €14k | €49k | €81k |
| Working capital | €450k | €298k | €123k | €22k |
| Employees (FTE) | 17.2 | 17.1 | 18.8 | 21.3 |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 1.71 | 1.34 | 1.16 | 1.03 |
| Quick ratio | 1.14 | 0.97 | 0.71 | 0.64 |
| Working capital ratio | 32.1% | 19.8% | 9.9% | 1.8% |
| Solvency | 47.2% | 39.0% | 33.5% | 27.3% |
| Debt / equity | 1.12 | 1.56 | 1.98 | 2.66 |
| Long-term debt ratio | 0.05 | 0.02 | 0.12 | 0.24 |
| Interest coverage | 60.44 | 77.57 | 32.69 | 21.52 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 30.6% | 40.0% | 25.3% | 0.6% |
| ROE | 64.8% | 102.5% | 75.6% | 2.4% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €1.40M | €1.51M | €1.24M | €1.25M |
| Fixed assets | 21/28 | €321k | €329k | €342k | €400k |
| Tangible fixed assets | 22/27 | €310k | €315k | €323k | €385k |
| Financial fixed assets | 28 | €11k | €14k | €19k | €15k |
| Current assets | 29/58 | €1.08M | €1.18M | €897k | €851k |
| Stocks & contracts in progress | 3 | €362k | €323k | €350k | €321k |
| Amounts receivable within one year | 40/41 | €279k | €456k | €69k | €93k |
| Cash & bank | 54/58 | €350k | €374k | €452k | €413k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.40M | €1.51M | €1.24M | €1.25M |
| Equity | 10/15 | €662k | €588k | €415k | €341k |
| Contributions / capital | 10/11 | €120k | €120k | €120k | €120k |
| Reserves | 13 | €201k | €201k | €201k | €201k |
| Accumulated profits (losses) | 14 | €341k | €267k | €94k | €20k |
| Amounts payable | 17/49 | €742k | €918k | €824k | €910k |
| Amounts payable after one year | 17 | €34k | €14k | €49k | €81k |
| Amounts payable within one year | 42/48 | €633k | €878k | €775k | €828k |
| Trade debts payable within one year | 44 | €138k | €284k | €301k | €444k |
| Income statement | |||||
| Gross operating margin | 9900 | €1.20M | €1.33M | €1.20M | €1.02M |
| Operating result | 9901 | €462k | €670k | €355k | €19k |
| Financial income | 75 | €2k | €2k | €400 | €33 |
| Financial charges | 65 | €9k | €9k | €14k | €6k |
| Result before taxes | 9903 | €455k | €663k | €341k | €12k |
| Income taxes | 67/77 | €25k | €60k | €27k | €4k |
| Net result for the period | 9904 | €429k | €602k | €314k | €8k |
| Result to be appropriated | 9905 | €429k | €602k | €314k | €8k |
-
Current31-03-2023 → present
Former directors (2)
-
Mike LALEMANDirectorState Gazette act 23055723 (25-04-2023)Former- → 31-03-2023
-
Patricia CABARETDirectorState Gazette act 23055723 (25-04-2023)Former- → 31-03-2023
| NACE primary | Non-specialised retail sale with food, beverages or tobacco predominating(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 06-06-1997 |
| Status | Active |
| Postal code | 5530 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91056B0055/00E002 | Wallonia | 451 m² | - | - |
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
25-04-2023 2 directors appointed, 3 resigning
- SNC JMR CONSULTING, Bestuurder
- Valérie De Bruyn, Dagelijks bestuur
- Mike LALEMAN, Bestuurder
- Patricia CABARET, Bestuurder
- Mike LALEMAN, Bestuurder
Technical details
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"kbo": "0873.736.012",
"name": "SRL COGEFISC",
"address": "1301 Bierges, rue du Bois de Beumont, 5",
"country": "BE",
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"notary": {
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"act_meta": {
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"filing_date": "2023-04-17",
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],
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"kbo": "0460.814.435",
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"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameFR | MICAMIK |