Mich-Hel.Be
ActiveMich-Hel.Be has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €413k and a net result of €102k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 76% of 10310 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88=
Solvency89▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.56 against 2.29 in 2024; short-term debt: 27.5% and cash: 43.1% of total assets), and 36.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
63.6%
Return on assets
15.6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-01-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
15 d early
2023
27 d early
2022
33 d early
2021
25 d early
2020
24 d early
2019
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€413k▲ 9.8%
2024 · €376k
2019: €150k
2020: €197k
2021: €281k
2022: €292k
2023: €357k
2024: €376k
2019 → 2025
Total assets
€650k▼ 3.4%
2024 · €673k
2019: €272k
2020: €310k
2021: €406k
2022: €456k
2023: €590k
2024: €673k
2019 → 2025
Net result
€102k▼ 0.2%
2024 · €102k
2019: €23k
2020: €65k
2021: €84k
2022: €51k
2023: €64k
2024: €102k
2019 → 2025
Working capital
€278k▲ 7.4%
2024 · €259k
2019: €82k
2020: €120k
2021: €198k
2022: €224k
2023: €237k
2024: €259k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€281k-€292k▲ 3.8%€357k▲ 22.0%€376k▲ 5.6%€413k▲ 9.8%
Operating result€118k-€72k▼ 38.6%€87k▲ 21.1%€143k▲ 63.5%€141k▼ 1.5%
Net result€84k-€51k▼ 38.7%€64k▲ 25.2%€102k▲ 58.0%€102k▼ 0.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €650k
Fixed assets
€193k▼ 9.6%
Current assets
€457k▼ 0.6%
Equity and liabilities €650k
Equity
€413k▲ 9.8%
Debt
€236k▼ 20.2%
The debt ratio falls from 44.0% to 36.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€192k▼
2024 · €198k
Cash flow
€153k▼
2024 · €156k
Solvency
63.6%▲
2024 · 56.0%
Current ratio
2.56▲
2024 · 2.29
Quick ratio
2.50▲
2024 · 2.24
Debt / equity
0.57▼
2024 · 0.79
ROE
24.6%▼
2024 · 27.0%
ROA
15.6%▲
2024 · 15.1%
Interest coverage
36.59▼
2024 · 37.61
Debt
€236k▼
2024 · €296k
Debt ≤ 1 year
€178k▼
2024 · €200k
Debt > 1 year
€57k▼
2024 · €96k
Income taxes
€42k▼
2024 · €43k
Staff costs
€135k▲
2024 · €135k
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€673k€650k▼
Fixed assets21/28€213k€193k▼
Intangible fixed assets21€215-
Tangible fixed assets22/27€213k€193k▼
Land and buildings22€93k€90k▼
Plant, machinery and equipment23€113k€97k▼
Furniture and vehicles24€8k€6k▼
Current assets29/58€459k€457k▼
Stocks and contracts in progress3€10k€10k=
Stocks30/36€10k€10k=
Amounts receivable within one year40/41€6k€6k▲
Trade receivables40€6k€4k▼
Other amounts receivable41-€2k
Current investments50/53€158k€160k▲
Cash at bank and in hand54/58€284k€280k▼
Deferred charges and accrued income490/1€1k€100▼
Equity and liabilities
Total equity and liabilities10/49€673k€650k▼
Equity10/15€376k€413k▲
Contributions10/11€10k€10k=
Reserves13€366k€403k▲
Distributable reserves133€366k€403k▲
Amounts payable17/49€296k€236k▼
Amounts payable after more than one year17€96k€57k▼
Financial debts170/4€96k€57k▼
Amounts payable within one year42/48€200k€178k▼
Current portion of amounts payable after more than one year42€41k€39k▼
Trade debts44€52k€50k▼
Suppliers440/4€52k€50k▼
Taxes, remuneration and social security45€29k€28k▼
Taxes450/3€8k€10k▲
Remuneration and social security454/9€21k€18k▼
Other amounts payable47/48€79k€62k▼
Accrued charges and deferred income492/3-€852
Income statement
Code20242025
Remuneration, social security and pensions62€135k€135k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€55k€52k▼
Other operating charges640/8€256€448▲
Gross operating margin9900€333k€328k▼
Operating profit (loss)9901€143k€141k▼
Financial income75/76B€7k€8k▲
Recurring financial income75€7k€8k▲
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€144k€144k▼
Income taxes67/77€43k€42k▼
Profit (loss) for the period9904€102k€102k▼
Profit (loss) for the period to be appropriated9905€102k€102k▼
Appropriation of the result
Profit (loss) to be appropriated9906€102k€102k▼
Transfer from equity791/2€32k€65k▲
Transfer to equity691/2€102k€102k▼
To other reserves6921€102k€102k▼
Profit to be distributed694/7€32k€65k▲
Return on contributions (dividend)694€32k€65k▲
Social balance
Average headcount (FTE)90875.55.5=
The notes to these accounts (10 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
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
16-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Highest result since 2019net €102k ▲58%
Operating result €143k, net result €102k, both a record.
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
06-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €200kEq €281k ▲42.5%
3 profitable years in a row build equity to €281k.
07-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €150kEq €197k ▲32%
2 profitable years in a row build equity to €197k.
09-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
10-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2007
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.
Keizerstraat(HSD) 1129120 Beveren-Kruibeke-ZwijndrechtGround area
771 m²
Building footprint
372 m²
Volume, LiDAR
1,732 m³
Parcel 46009B0538/00D000, Flanders · tallest building 11.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Slagerij De Smedt-De Roeck
since 20072.165.018.620
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46009B0538/00D000 | Flanders | 771 m² | 1 · 372 m² | 11.2 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 4,254 EUR awarded · 4,254 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 176 EUR | 176 EUR |
| 2024 | 1 | 1,796 EUR | 1,796 EUR |
| 2023 | 1 | 147 EUR | 147 EUR |
| 2022 | 2 | 2,135 EUR | 2,135 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeveren-Kruibeke-Zwijndrecht2.165.018.620
Dual-learning approval
12 endedLegal Entity Identifier
9845000EEJ350062A520
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Of 3,043 companies in sector 47221 we hold annual accounts for 1,562. 1,134 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-07-2007
Fiscal year end30-06
Activities, NACEBEL
47221Retail sale of meat and meat products, excluding game and poultry
52220
Sources
Crossroads Bank for EnterprisesNational Bank · 17 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.