MICETT
ActiveThe computed 12-month bankruptcy probability of MICETT is 1.6% (moderate). The 2025 annual accounts show equity of €98k and a net result of €79k. Equity is growing by ~16.5% per year across the filed fiscal years. Its solvency ranks better than 19% of 640 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-3
Solvency39▲+1
Growth78=
Track record94
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.36 against 0.27 in 2024; short-term debt: 58.6% and cash: 1.7% of total assets), and 86.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
13.8%
Return on assets
11.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 640 sector peers (2025).
NBB · sector comparisonPosition among 640 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
17 d early
2024
on the day
2023
15 d early
2022
17 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€79k▼ 21.9%
2024 · €101k
2022: €-17k
2023: €108k
2024: €101k
2022 → 2025
Working capital
€-270k▲ 1.0%
2024 · €-273k
2022: €-300k
2023: €-261k
2024: €-273k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€45k-€103k▲ 130%€94k▼ 8.5%€98k▲ 4.4%
Operating result€-10k-€150k€145k▼ 3.4%€112k▼ 23.0%
Net result€-17k-€108k€101k▼ 6.5%€79k▼ 21.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €704k
Fixed assets
€555k▼ 11.6%
Current assets
€149k▲ 48.5%
Equity and liabilities €715k
Equity
€98k▲ 4.4%
Debt
€616k▼ 5.6%
The debt ratio falls from 87.4% to 86.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€195k▼
2024 · €227k
Cash flow
€163k▼
2024 · €183k
Solvency
13.8%▲
2024 · 12.6%
Current ratio
0.36▲
2024 · 0.27
Quick ratio
0.32▲
2024 · 0.23
Debt / equity
6.26▼
2024 · 6.93
ROE
80.4%▼
2024 · 107.4%
ROA
11.1%▼
2024 · 13.6%
Interest coverage
45.14▼
2024 · 57.15
Debt
€616k▼
2024 · €653k
Debt ≤ 1 year
€419k▲
2024 · €373k
Debt > 1 year
€197k▼
2024 · €280k
Income taxes
€28k▼
2024 · €40k
Staff costs
€394k▼
2024 · €450k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€747k€715k▼
Formation expenses20€19k€11k▼
Fixed assets21/28€628k€555k▼
Tangible fixed assets22/27€628k€555k▼
Plant, machinery and equipment23€185k€143k▼
Other tangible fixed assets26€443k€412k▼
Current assets29/58€100k€149k▲
Stocks and contracts in progress3€14k€15k▲
Stocks30/36€14k€15k▲
Amounts receivable within one year40/41€60k€104k▲
Trade receivables40€31k€30k▼
Other amounts receivable41€29k€74k▲
Cash at bank and in hand54/58€9k€12k▲
Deferred charges and accrued income490/1€17k€17k▼
Equity and liabilities
Total equity and liabilities10/49€747k€715k▼
Equity10/15€94k€98k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€27k€31k▲
Amounts payable17/49€653k€616k▼
Amounts payable after more than one year17€280k€197k▼
Financial debts170/4€280k€197k▼
Amounts payable within one year42/48€373k€419k▲
Current portion of amounts payable after more than one year42€83k€83k▲
Trade debts44€92k€74k▼
Suppliers440/4€92k€74k▼
Taxes, remuneration and social security45€55k€30k▼
Taxes450/3€5k€6k▲
Remuneration and social security454/9€49k€24k▼
Other amounts payable47/48€144k€232k▲
Accrued charges and deferred income492/3€59€961▲
Income statement
Code20242025
Non-recurring operating income76A€11k€474▼
Remuneration, social security and pensions62€450k€394k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€82k€84k▲
Other operating charges640/8€3k€3k▲
Non-recurring operating charges66A€29k€9k▼
Gross operating margin9900€709k€601k▼
Operating profit (loss)9901€145k€112k▼
Financial income75/76B€185€28▼
Recurring financial income75€185€28▼
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€141k€107k▼
Income taxes67/77€40k€28k▼
Profit (loss) for the period9904€101k€79k▼
Profit (loss) for the period to be appropriated9905€101k€79k▼
Appropriation of the result
Profit (loss) to be appropriated9906€137k€106k▼
Profit (loss) brought forward from the previous period14P€35k€27k▼
Profit to be distributed694/7€110k€75k▼
Return on contributions (dividend)694€110k€75k▼
Social balance
Average headcount (FTE)908710.78.8▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €108k
Net result €108k after one loss-making year.
31-12
Financial
Equity above €100kEq €103k ▲130%
Equity rises from €45k to €103k.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
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, Mons · 1 establishment unit since 2021
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.
Place de St Symphorien 247030 MonsGround area
7,205 m²
Building footprint
565 m²
Volume, LiDAR
2,461 m³
Parcel 21362B0235/02C000, Brussels · tallest building 5.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MICETT
since 20212.324.574.613
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0235/02C000 | Brussels | 7,205 m² | 1 · 565 m² | 5.7 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via establishment units: 1
1 of 1 parcel 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 site · 1 with a smileyEtterbeek2.324.574.613
Legal Entity Identifier
549300TRG4GRC5WUBQ81
Similar companies · same sector, comparable size
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BE 0453.702.652
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EEN GOEIEMORGEN
BE 0842.811.224
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BAKBOETIEK
BE 0800.975.619
Beerse · Eq €99k
LIOS
BE 0756.565.950
Kruisem · Eq €99k
L'ÎLE AUX DESSERTS
BE 0635.776.701
Dalhem · Eq €99k
Of 4,227 companies in sector 10712 we hold annual accounts for 1,870. 1,600 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-10-2021
Fiscal year end31-12
Activities, NACEBEL
10712Artisanal bread and fresh pastry making
47241Retail sale of bread and pastry (bakery outlets)
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.