MICCICHE CONSTRUCTION
ActiveSummary
MICCICHE CONSTRUCTION has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €47k and a net result of €5k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 20% of 9982 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability32▼-19
Solvency38▼-2
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.63 in 2023; short-term debt: 60.7% and cash: 13.9% of total assets), and 87.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 41
Relative position
BE, all sectors
reference
Sector 41
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 2024Solvency, return and age of the figures
Solvency
12.6%
Return on assets
1.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 9982 sector peers (2024).
NBB · sector comparisonPosition among 9982 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
48 d late
2022
121 d late
2021
102 d late
2020
76 d late
2019
32 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€47k▲ 11.0%
2023 · €42k
2018: €22k
2019: €21k
2020: €22k
2021: €23k
2022: €25k
2023: €42k
2018 → 2024
Total assets
€374k▲ 31.2%
2023 · €285k
2018: €275k
2019: €210k
2020: €220k
2021: €276k
2022: €232k
2023: €285k
2018 → 2024
Net result
€5k▼ 73.6%
2023 · €18k
2018: €132
2019: €-1k
2020: €1k
2021: €125
2022: €2k
2023: €18k
2018 → 2024
Working capital
€93k▼ 15.2%
2023 · €109k
2018: €11k
2019: €22k
2020: €62k
2021: €95k
2022: €93k
2023: €109k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€22k-€23k▲ 0.6%€25k▲ 9.4%€42k▲ 72.0%€47k▲ 11.0%
Operating result€10k-€15k▲ 46.4%€15k▼ 5.2%€40k▲ 178%€27k▼ 32.1%
Net result€1k-€125▼ 91.2%€2k▲ 1,584%€18k▲ 740%€5k▼ 73.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 32% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €374k
Fixed assets
€54k ▲ 1,524%
Current assets
€320k ▲ 13.5%
Equity and liabilities €374k
Equity
€47k ▲ 11.0%
Debt
€327k ▲ 34.7%
The debt ratio rises from 85.1% to 87.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€31k▼
2023 · €45k
Cash flow
€9k▼
2023 · €22k
Current ratio
1.41▼
2023 · 1.63
Quick ratio
1.39▼
2023 · 1.63
Debt / equity
6.95▲
2023 · 5.72
ROE
9.9%▼
2023 · 41.8%
ROA
1.3%▼
2023 · 6.2%
Interest coverage
1.41▼
2023 · 2.99
Debt ≤ 1 year
€227k▲
2023 · €172k
Debt > 1 year
€95k▲
2023 · €62k
Income taxes
€4k▼
2023 · €9k
Staff costs
€136k▲
2023 · €133k
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 · 58 lines
Balance sheet
Code20232024
Assets
Total assets20/58€285k€374k▲
Formation expenses20€0-
Fixed assets21/28€3k€54k▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€3k€54k▲
Land and buildings22€0-
Plant, machinery and equipment23€921€47k▲
Furniture and vehicles24€2k€7k▲
Financial fixed assets28€420€420=
Current assets29/58€282k€320k▲
Stocks and contracts in progress3-€5k
Stocks30/36-€5k
Amounts receivable within one year40/41€228k€260k▲
Trade receivables40€186k€224k▲
Other amounts receivable41€42k€36k▼
Cash at bank and in hand54/58€49k€52k▲
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€285k€374k▲
Equity10/15€42k€47k▲
Contributions10/11€12k€12k=
Reserves13€26k€31k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€25k€29k▲
Profit (loss) carried forward14€4k€4k=
Amounts payable17/49€243k€327k▲
Amounts payable after more than one year17€62k€95k▲
Financial debts170/4€62k€95k▲
Amounts payable within one year42/48€172k€227k▲
Current portion of amounts payable after more than one year42€11k€22k▲
Financial debts43€31€0▼
Credit institutions430/8€31€0▼
Trade debts44€130k€140k▲
Suppliers440/4€130k€140k▲
Taxes, remuneration and social security45€32k€65k▲
Taxes450/3€23k€55k▲
Remuneration and social security454/9€9k€10k▲
Other amounts payable47/48-€348
Accrued charges and deferred income492/3€8k€5k▼
Income statement
Code20232024
Non-recurring operating income76A-€6k
Remuneration, social security and pensions62€133k€136k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€7k€3k▼
Non-recurring operating charges66A-€6k
Gross operating margin9900€186k€176k▼
Operating profit (loss)9901€40k€27k▼
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€15k€22k▲
Recurring financial charges65€15k€22k▲
Profit (loss) for the period before taxes9903€27k€9k▼
Income taxes67/77€9k€4k▼
Profit (loss) for the period9904€18k€5k▼
Profit (loss) for the period to be appropriated9905€18k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€8k▼
Profit (loss) brought forward from the previous period14P€788€4k▲
Transfer to equity691/2€15k€5k▼
To other reserves6921€15k€5k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 48 days late
2023
31-12
Financial
Highest result since 2018net €18k ▲740%
Operating result €40k, net result €18k, both a record.
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 121 days late
2022
10-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 102 days late
2021
15-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 76 days late
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2019
31-12
Financial
Weakest financial yearnet €-1k ▼981%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
05-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 36 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 58 days late
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, La Louvière · 1 establishment unit since 2015
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.
Rue du Moulin à Eau(S-V) 27100 La LouvièreGround area
1,040 m²
Building footprint
246 m²
Volume, LiDAR
1,873 m³
Parcel 55038C0347/00B000, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MICCICHE CONSTRUCTION
since 20152.247.216.420
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55038C0347/00B000 | Wallonia | 1,040 m² | 1 · 246 m² | 10.4 m · 3 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
ALGEMENE BOUWWERKEN PUYENBROECK
BE 0891.251.044
Wuustwezel · Eq €47k
ACH CONSTRUCT
BE 0693.760.628
Brussel · Eq €47k
THUYS
BE 0779.519.615
Maldegem · Eq €47k
MA-CONSULTING
BE 0759.908.589
Ternat · Eq €47k
FEYFER PATRIMOINE
BE 0832.042.838
Libin · Eq €47k
Of 29,797 companies in sector 41001 we hold annual accounts for 16,049. 13,041 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded24-09-2015
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.