MICAN
ActiveMICAN has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €116k and a net result of €-30k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 26% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability10▲+10
Solvency53▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 7.66 against 20.96 in 2023; short-term debt: 5.7% and cash: 11.7% of total assets), but 71.8% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
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 2024Solvency, return and age of the figures
Solvency
28.2%
Return on assets
-7.2%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-30k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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
not confirmed
2024
31 d late
2023
9 d late
2022
90 d late
2021
30 d late
2020
61 d late
2019
81 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€116k▼ 20.3%
2023 · €146k
2018: €109k
2019: €114k
2020: €139k
2021: €255k
2022: €215k
2023: €146k
2018 → 2024
Total assets
€411k▼ 4.5%
2023 · €431k
2018: €196k
2019: €222k
2020: €222k
2021: €577k
2022: €524k
2023: €431k
2018 → 2024
Net result
€-30k▲ 57.0%
2023 · €-69k
2018: €6k
2019: €5k
2020: €25k
2021: €290k
2022: €-31k
2023: €-69k
2018 → 2024
Working capital
€157k▼ 33.6%
2023 · €236k
2018: €82k
2019: €83k
2020: €98k
2021: €332k
2022: €258k
2023: €236k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€139k-€255k▲ 83.1%€215k▼ 15.6%€146k▼ 32.1%€116k▼ 20.3%
Operating result€40k-€390k▲ 881%€-30k€-69k▼ 131%€-30k▲ 56.6%
Net result€25k-€290k▲ 1,064%€-31k€-69k▼ 125%€-30k▲ 57.0%
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 €30k in 2024 against €69k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €411k
Fixed assets
€231k▲ 26.6%
Current assets
€180k▼ 27.3%
Equity and liabilities €411k
Equity
€116k▼ 20.3%
Provisions
€272k▼ 0.4%
Debt
€24k▲ 98.9%
The debt ratio rises from 2.7% to 5.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-7k▲
2023 · €-45k
Cash flow
€-6k▲
2023 · €-45k
Solvency
28.2%▼
2023 · 33.9%
Current ratio
7.66▼
2023 · 20.96
Quick ratio
7.66▼
2023 · 20.96
Debt / equity
0.20▲
2023 · 0.08
ROE
-25.5%▲
2023 · -47.3%
ROA
-7.2%▲
2023 · -16.0%
Interest coverage
-10.18▲
2023 · -37.54
Debt
€24k▲
2023 · €12k
Debt ≤ 1 year
€24k▲
2023 · €12k
Income taxes
€96▼
2023 · €121
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€431k€411k▼
Formation expenses20€0-
Fixed assets21/28€183k€231k▲
Tangible fixed assets22/27€176k€225k▲
Land and buildings22€164k€159k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€10k€65k▲
Financial fixed assets28€7k€7k=
Current assets29/58€248k€180k▼
Amounts receivable within one year40/41€129k€132k▲
Trade receivables40€804€2k▲
Other amounts receivable41€128k€130k▲
Cash at bank and in hand54/58€119k€48k▼
Equity and liabilities
Total equity and liabilities10/49€431k€411k▼
Equity10/15€146k€116k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€149k€146k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€85k€81k▼
Distributable reserves133€58k€58k=
Profit (loss) carried forward14€-65k€-91k▼
Provisions and deferred taxes16€273k€272k▼
Deferred taxes168€273k€272k▼
Amounts payable17/49€12k€24k▲
Amounts payable within one year42/48€12k€24k▲
Current portion of amounts payable after more than one year42€7k-
Trade debts44€1k€24k▲
Suppliers440/4€1k€24k▲
Taxes, remuneration and social security45€3k-
Taxes450/3€3k-
Income statement
Code20232024
Non-recurring operating income76A-€17k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€23k▼
Other operating charges640/8€34k€665▼
Gross operating margin9900€-11k€-6k▲
Operating profit (loss)9901€-69k€-30k▲
Financial income75/76B€464€2▼
Recurring financial income75€464€2▼
Financial charges65/66B€1k€667▼
Recurring financial charges65€1k€667▼
Profit (loss) for the period before taxes9903€-70k€-31k▲
Transfer from deferred taxes780€1k€1k=
Income taxes67/77€121€96▼
Profit (loss) for the period9904€-69k€-30k▲
Transfer from tax-exempt reserves789€4k€4k=
Profit (loss) for the period to be appropriated9905€-65k€-26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-65k€-91k▼
Profit (loss) brought forward from the previous period14P-€-65k
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
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
31-12
Financial
Weakest financial yearnet €-69k
Net result drops to €-69k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 20.96
Current ratio from 10.34 to 20.96; short-term debt falls from €28k to €12k.
29-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 90 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €290k ▲1064%
Operating result €390k, net result €290k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 9.63
Current ratio from 3.43 to 9.63; short-term debt falls from €40k to €38k.
31-12
Financial
Equity above €200kEq €255k ▲83.1%
4 profitable years in a row build equity to €255k.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 81 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
14-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 136 days late
2017
29-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 151 days late
2016
12-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sint-Truiden · 1 establishment unit since 1991
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.
Rasopweg 13800 Sint-TruidenGround area
1,371 m²
Building footprint
318 m²
Volume, LiDAR
993 m³
Parcel 71009A0221/00G000, Flanders · tallest building 4.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MICAN
since 19912.053.971.139
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71009A0221/00G000 | Flanders | 1,371 m² | 1 · 318 m² | 4.6 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.
Similar companies · same sector, comparable size
Adminted
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VIALMA CONSULT
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Yves Rasschaert
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HAVE A GREAT DAY
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Ukkel · Eq €116k
Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 40,816 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-05-1991
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
43320Joinery installation
68310Real estate agency activities
68311Real estate activities
77110Renting and leasing of cars and light motor vehicles
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.