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MICH-CONSTRUCT

Active Private limited companyfounded 2018active for 8 yearsTer Walle 7, 9880 AalterKBO/BCE: BE 0700.857.167

Lifetime

7 annual accounts with figures on one time axis
peak €48,778 (2020)
€37,021▲ 183%
lowest -€57,905 (2019)
€17,893▲ 712%
peak €31,247 (2025)
€31,247▲ 134%
€35,622▲ 10.3%
Board1 name since 2018
1 director
Documentsfilings and deeds
13-07-202618 days before the deadline
2025micro format
Gross margin from €13,087 to €37,021Result from €2,203 to €17,893Equity from €13,354 to €31,247

Key points

from the 2025 annual accounts

Equity

€31,247 ▲ 134%

MICH-CONSTRUCT has made a profit without a break since 2022.

Turnover

≈ €230,000 estimated

The micro format states no turnover.

Filings

7 annual accounts 1 late
AprilJune31 JulyOctober202020222024

The 2019 accounts came 153 days late. The other six were filed on time.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,973 companies had the same profile as MICH-CONSTRUCT has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 26,973 companies, not a prediction for MICH-CONSTRUCT. 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.

Credit verdict

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Signals

Board and ownership

Director
  • founderdeed of 17-08-2018
  • founderdeed of 17-08-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0700857167
Registered office moved within Aalter New registered office: Ter Walle 7, 9880 Aalter · Previous registered office: Geuzestraat 28, 9910 Aalter · General meeting of 01-10-2024 · Gazette deed
Change of role: , from manager to director Director discharge: · Gazette deed
Registered office moved from Ruiselede to Knesselare New registered office: Geuzestraat 28, 9910 Knesselare · Previous registered office: Brandstraat 23, 8755 Ruiselede · Gazette deed
All 15 events

Comparable companies

same main activity, similar in size and age
Company
MICH-CONSTRUCT Aalter €66,869 €37,021 46.7% -
D&P Metaalschrijnwerken Rijkevorsel €60,213 €38,262 88.7% -
ABSOLUUT HOUT Zoersel €60,338 €37,039 31.8% -
S&S PROJECTS Damme €71,934 €30,103 2.2% -
VanGer Bonheiden €56,373 €33,097 74.8% -
ENGELEN Jorn Kinrooi €74,543 €35,394 52.2% -
AD Gyproc & Schilderwerken Beringen €69,115 €47,629 27.4% -

These companies have the same main activity as MICH-CONSTRUCT: joinery installation (NACE 43320). They are comparable in size and age: total assets between €56,400 and €74,500, founded between 2017 and 2019.

Official details

Source: KBO
Status
Active since 14-08-2018Normal situation
Activity
Joinery installationNACE 43320and 2 others
Establishment unit
2.280.097.5399880 Aalter, since 14-08-2018
Financial year end
31 December
Peppol
Reachable since 18-06-2025
Company details

Annual accounts 2025

€66,869▲ 46.5%
Filing
Filed on 13-07-2026, 18 days before the end of the filing period
Financials

Insights on MICH-CONSTRUCT

MICH-CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from -€44,323 in 2019 to €37,021 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.

Key facts about MICH-CONSTRUCT

What is the company number of MICH-CONSTRUCT?
The company number of MICH-CONSTRUCT is 0700.857.167. The VAT number is the same number with BE in front: BE 0700.857.167.
Where is MICH-CONSTRUCT based?
The registered office is at Ter Walle 7, 9880 Aalter.Company details
What does MICH-CONSTRUCT do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of MICH-CONSTRUCT?
MICH-CONSTRUCT is a private limited company (BV).
When was MICH-CONSTRUCT founded?
MICH-CONSTRUCT was founded on 14-08-2018.
Is MICH-CONSTRUCT still active?
Yes, MICH-CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of MICH-CONSTRUCT?
The turnover in financial year 2025 is ≈ €230,000. This figure is estimated from the gross margin of €37,021 and 35 comparable companies (NACE 43320). It probably lies between €160,000 and €370,000. In financial year 2023 turnover was €301,880.Financials
Is MICH-CONSTRUCT profitable?
In financial year 2025, MICH-CONSTRUCT made a profit of €17,893.
Where can I find the annual accounts of MICH-CONSTRUCT?
MICH-CONSTRUCT filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MICH-CONSTRUCT due?
MICH-CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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