Equity
MICDA paid out €1,718 in dividends in a year with a loss of €4,730.
MICDA paid out €1,718 in dividends in a year with a loss of €4,730.
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Nine of the last ten came late. The 2016 accounts came latest: 31 days after the end of the period.
In July 2024, 12,322 companies had the same profile as MICDA has now. Each dot stands for 31 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for MICDA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| MICDA Quaregnon | €60,975 | -€4,492 | 88.4% | - |
| GeMMa CONSULT Manage | €78,823 | -€27,724 | 74.9% | - |
| INVESTORE Antwerp | €63,432 | -€992 | 100.0% | - |
| Advieskantoor KENNIS Mol | €59,667 | -€1,941 | 93.5% | - |
| Globalpoint Ghent | €59,347 | -€33,531 | 99.4% | - |
| RADIUS Antwerp | €56,572 | -€28,789 | 35.3% | - |
| 3S GROUP Schaerbeek | €67,028 | -€6,145 | 3.2% | - |
These companies have the same main activity as MICDA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €56,600 and €78,800, founded between 2005 and 2007.
MICDA files the micro format. That format states no turnover. The gross margin fell from €27,749 in 2006 to -€4,492 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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