MICANTO
ActiveSummary
The computed 12-month bankruptcy probability of MICANTO is 4.0% (elevated). The 2024 annual accounts show equity of €153k and a net result of €3k. Equity is growing by ~54.2% per year across the filed fiscal years. Its solvency ranks better than 77% of 18936 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability51▼-7
Solvency86▲+11
Growth35▼-17
Track record100
Bankruptcy probability, 12 months
4.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days only on tighter terms
Liquidity ample (current ratio 1.55 against 1.25 in 2023; short-term debt: 38.7% and cash: 44.2% of total assets), and 38.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-10-2025, 88 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
88 d late
2023
142 d late
2022
192 d late
2021
30 d late
2020
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€738k▼ 9.9%
2023 · €819k
2023: €819k
2024: €738k▼ -9.9% vs 2023
2023 → 2024
EBIT margin
1.6%▼ 0.6pp
2023 · 2.2%
2023: 2.2%
2024: 1.6%▼ -29.2% vs 2023
2023 → 2024
Net result
€3k▲ 20.9%
2023 · €2k
2020: €19k
2021: €11k▼ -42.1% vs 2020
2022: €108k▲ +892% vs 2021highest in 5 years
2023: €2k▼ -98.0% vs 2022lowest in 5 years
2024: €3k▲ +20.9% vs 2023
2020 → 2024
Working capital
€53k▲ 42.6%
2023 · €37k
2020: €-25klowest in 5 years
2021: €15k▲ +161% vs 2020
2022: €41k▲ +171% vs 2021
2023: €37k▼ -9.0% vs 2022
2024: €53k▲ +42.6% vs 2023highest in 5 years
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€819k€738k▼ 9.9%
2023: €819k
2024: €738k▼ -9.9% vs 2023
Equity€29k-€40k▲ 37.8%€148k▲ 272%€150k▲ 1.5%€153k▲ 1.8%
2020: €29klowest in 5 years
2021: €40k▲ +37.8% vs 2020
2022: €148k▲ +272% vs 2021
2023: €150k▲ +1.5% vs 2022
2024: €153k▲ +1.8% vs 2023highest in 5 years
Operating result€22k-€29k▲ 30.3%€143k▲ 388%€18k▼ 87.2%€12k▼ 36.2%
2020: €22k
2021: €29k▲ +30.3% vs 2020
2022: €143k▲ +388% vs 2021highest in 5 years
2023: €18k▼ -87.2% vs 2022
2024: €12k▼ -36.2% vs 2023lowest in 5 years
Net result€19k-€11k▼ 42.1%€108k▲ 892%€2k▼ 98.0%€3k▲ 20.9%
2020: €19k
2021: €11k▼ -42.1% vs 2020
2022: €108k▲ +892% vs 2021highest in 5 years
2023: €2k▼ -98.0% vs 2022lowest in 5 years
2024: €3k▲ +20.9% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 36% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €250k
Fixed assets
€100k ▼ 11.8%
Current assets
€150k ▼ 21.1%
Equity and liabilities €250k
Equity
€153k ▲ 1.8%
Debt
€97k ▼ 36.7%
Debt's share of the balance-sheet total falls from 50.4% to 38.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25k▼
2023 · €30k
Cash flow
€16k▲
2023 · €14k
Current ratio
1.55▲
2023 · 1.25
Quick ratio
1.53▲
2023 · 1.23
Debt to equity
0.63▼
2023 · 1.01
ROE
1.7%▲
2023 · 1.5%
ROA
1.1%▲
2023 · 0.7%
Interest coverage
4.84▼
2023 · 6.05
Debt ≤ 1 year
€97k▼
2023 · €153k
Income taxes
€4k▼
2023 · €11k
Staff costs
€184k▼
2023 · €237k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€303k€250k▼
Fixed assets21/28€113k€100k▼
Tangible fixed assets22/27€66k€53k▼
Plant, machinery and equipment23€25k€17k▼
Furniture and vehicles24€2k€915▼
Other tangible fixed assets26€40k€35k▼
Financial fixed assets28€47k€47k=
Current assets29/58€190k€150k▼
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€6k€18k▲
Trade receivables40€0€0=
Other amounts receivable41€6k€18k▲
Current investments50/53€19k€19k=
Cash at bank and in hand54/58€163k€110k▼
Equity and liabilities
Total equity and liabilities10/49€303k€250k▼
Equity10/15€150k€153k▲
Contributions10/11€10k€10k=
Reserves13€138k€138k=
Distributable reserves133€138k€138k=
Profit (loss) carried forward14€2k€5k▲
Amounts payable17/49€153k€97k▼
Amounts payable within one year42/48€153k€97k▼
Trade debts44€77k€29k▼
Suppliers440/4€77k€29k▼
Advances received on contracts in progress46€180€180=
Taxes, remuneration and social security45€66k€62k▼
Taxes450/3€49k€42k▼
Remuneration and social security454/9€17k€20k▲
Other amounts payable47/48€9k€6k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Turnover70€819k€738k▼
Non-recurring operating income76A-€5k
Goods, raw materials, services and sundry goods60/61€602k€551k▼
Remuneration, social security and pensions62€237k€184k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€11k€10k▼
Gross operating margin9900€278k€219k▼
Operating profit (loss)9901€18k€12k▼
Financial income75/76B€27€27▲
Recurring financial income75€27€27▲
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€13k€7k▼
Income taxes67/77€11k€4k▼
Profit (loss) for the period9904€2k€3k▲
Profit (loss) for the period to be appropriated9905€2k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€5k▲
Profit (loss) brought forward from the previous period14P-€2k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €819k | €738k | ▼ 9.9% |
| Non-recurring operating income76A | - | - | - | - | €5k | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €602k | €551k | ▼ 8.4% |
| Remuneration, social security and pensions62 | - | €160k | €326k | €237k | €184k | ▼ 22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €721 | €4k | €8k | €12k | €13k | ▲ 10.1% |
| Other operating charges640/8 | - | €8k | €6k | €11k | €10k | ▼ 3.9% |
| Non-recurring operating charges66A | - | €0 | - | - | - | - |
| Gross operating margin9900 | €130k | €201k | €482k | €278k | €219k | ▼ 21.3% |
| Operating profit (loss)9901 | €22k | €29k | €143k | €18k | €12k | ▼ 36.2% |
| Financial income75/76B | - | €13 | €72 | €27 | €27 | ▲ 0.3% |
| Recurring financial income75 | - | €13 | €72 | €27 | €27 | ▲ 0.3% |
| Financial charges65/66B | - | €15k | €6k | €5k | €5k | ▲ 2.8% |
| Recurring financial charges65 | €552 | €15k | €6k | €5k | €5k | ▲ 2.8% |
| Profit (loss) for the period before taxes9903 | €22k | €14k | €136k | €13k | €7k | ▼ 50.9% |
| Income taxes67/77 | €3k | €3k | €28k | €11k | €4k | ▼ 65.2% |
| Profit (loss) for the period9904 | €19k | €11k | €108k | €2k | €3k | ▲ 20.9% |
| Profit (loss) for the period to be appropriated9905 | €19k | €11k | €108k | €2k | €3k | ▲ 20.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €138k | €195k | €336k | €303k | €250k | ▼ 17.6% |
| Fixed assets21/28 | €66k | €77k | €112k | €113k | €100k | ▼ 11.8% |
| Tangible fixed assets22/27 | €19k | €30k | €65k | €66k | €53k | ▼ 20.1% |
| Plant, machinery and equipment23 | - | €11k | €33k | €25k | €17k | ▼ 31.3% |
| Furniture and vehicles24 | - | €3k | €2k | €2k | €915 | ▼ 39.6% |
| Other tangible fixed assets26 | - | €16k | €30k | €40k | €35k | ▼ 12.3% |
| Financial fixed assets28 | €47k | €47k | €47k | €47k | €47k | = |
| Current assets29/58 | €72k | €118k | €224k | €190k | €150k | ▼ 21.1% |
| Stocks and contracts in progress3 | - | €3k | €3k | €3k | €3k | = |
| Stocks30/36 | - | €3k | €3k | €3k | €3k | = |
| Amounts receivable within one year40/41 | €3k | €43k | €5k | €6k | €18k | ▲ 194% |
| Trade receivables40 | - | €27k | €4k | €0 | €0 | - |
| Other amounts receivable41 | - | €16k | €881 | €6k | €18k | ▲ 194% |
| Current investments50/53 | - | - | - | €19k | €19k | = |
| Cash at bank and in hand54/58 | €68k | €72k | €217k | €163k | €110k | ▼ 32.1% |
| Deferred charges and accrued income490/1 | - | €108 | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €138k | €195k | €336k | €303k | €250k | ▼ 17.6% |
| Equity10/15 | €29k | €40k | €148k | €150k | €153k | ▲ 1.8% |
| Contributions10/11 | - | €10k | €10k | €10k | €10k | = |
| Reserves13 | €19k | €30k | €138k | €138k | €138k | = |
| Distributable reserves133 | - | €30k | €138k | €138k | €138k | = |
| Profit (loss) carried forward14 | - | - | - | €2k | €5k | ▲ 121% |
| Amounts payable17/49 | €109k | €155k | €188k | €153k | €97k | ▼ 36.7% |
| Amounts payable within one year42/48 | €97k | €102k | €183k | €153k | €97k | ▼ 36.7% |
| Trade debts44 | €74k | €61k | €100k | €77k | €29k | ▼ 62.8% |
| Suppliers440/4 | - | €61k | €100k | €77k | €29k | ▼ 62.8% |
| Advances received on contracts in progress46 | - | - | - | €180 | €180 | = |
| Taxes, remuneration and social security45 | - | €36k | €74k | €66k | €62k | ▼ 5.8% |
| Taxes450/3 | - | €5k | €40k | €49k | €42k | ▼ 14.5% |
| Remuneration and social security454/9 | - | €31k | €35k | €17k | €20k | ▲ 19.1% |
| Other amounts payable47/48 | - | €6k | €9k | €9k | €6k | ▼ 39.7% |
| Accrued charges and deferred income492/3 | - | €52k | €5k | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19k | €11k | €108k | €2k | €3k | ▲ 20.9% |
| + Depreciation and write-downs630 | €721 | €4k | €8k | €12k | €13k | ▲ 10.1% |
| Operating cash flow (approximation) | €20k | €15k | €116k | €14k | €16k | ▲ 11.8% |
| Investment in fixed assets (approximation) | - | €-15k | €-43k | €-13k | €0 | ▲ 100% |
| Change in cash | - | €4k | €144k | €-54k | €-52k | ▲ 3.4% |
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
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 88 days late
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 142 days late
08-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 192 days late
2023
31-12
Financial
Weakest financial yearnet €2k ▼98%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €150k ▲1.5%
4 profitable years in a row build equity to €150k.
2022
31-12
Financial
Highest result since 2020net €108k ▲892%
Operating result €143k, net result €108k, both a record.
31-12
Financial
Equity above €100kEq €148k ▲272%
3 profitable years in a row build equity to €148k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Grâce-Hollogne · 1 establishment unit since 2020
Ground area
2,417 m²
Building footprint
370 m²
Volume, LiDAR
3,513 m³
2 parcels, Wallonia · tallest building 17.2 m, ±5 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
MICANTO
since 20202.303.350.518
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62046A0131/00E002 | Wallonia | 2,183 m² | 1 · 263 m² | 8.6 m · 2 fl. |
| 62803A1065/02E000 | Wallonia | 234 m² | 1 · 107 m² | 17.1 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLiège2.303.350.518
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 9,020 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
Founded17-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
10890Manufacture of food products
56210Event catering
Contact
E-mail
resto-incontri@hotmail.com
Phone
+32497080056
Scores and ratios are computed by Checked and are not a credit decision.