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MICHA PRO

Active
Private limited companyfounded 20242 yrs activeBergensesteenweg 24/8, 1600 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 1005.609.391
Summary

The computed 12-month bankruptcy probability of MICHA PRO is 2.3% (moderate). The 2025 annual accounts show equity of €23,159 and a net result of €14,305. Its solvency ranks better than 21% of 28281 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability84▲+4
Solvency44▼-7
Growth78
Track record82
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.68 against 1.25 in 2024; short-term debt: 80.9% and cash: 16% of total assets), and 80.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
19.1%
Return on assets
11.8%
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 21% of 28281 sector peers (2025).
NBB · sector comparison
Position among 28281 sector peers
Solvency
better than 21%
← 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 09-07-2026, 22 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
22 d early
2024
25 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 2 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 5 February 2024, MICHA PRO was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Turnover
€185,660
EBIT margin
7.0%
Net result
€14,305▲ 82.1%
2024 · €7,854
Working capital
-€31,054
2024 · €6,103
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Turnover€185,660-
Operating result€12,984-€23,782▲ 83.2%
Net result€7,854within the sector's middle half-€14,305within the sector's middle half▲ 82.1%
EBIT margin7.0%-
Equity€8,854below the sector's middle half-€23,159within the sector's middle half▲ 162%
Total assets€33,700below the sector's middle half-€121,199within the sector's middle half▲ 260%
Debt€24,846-€98,039▲ 295%
Working capital€6,103within the sector's middle half--€31,054below the sector's middle half
Solvency26.3%within the sector's middle half-19.1%below the sector's middle half▼ 7.2pp
Current ratio1.25within the sector's middle half-0.68below the sector's middle half▼ 0.56
Return on assets (ROA)23.3%above the sector's middle half-11.8%within the sector's middle half▼ 11.5pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000Operating result 2024: €12,984€12,984Net result 2024: €7,854€7,854Operating result 2025: €23,782€23,782Net result 2025: €14,305€14,30520242025€0€10,000€20,000Operating result 2024: €12,984€13,000Net result 2024: €7,854€7,850Operating result 2025: €23,782€23,800Net result 2025: €14,305€14,30020242025
The operating result rises in 2025; 2025 is 83% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €121,199
Fixed assets €54,213 ▲ 1,871%
Current assets €66,985 ▲ 116%
Equity and liabilities €121,199
Equity €23,159 ▲ 162%
Debt €98,039 ▲ 295%
Debt's share of the balance-sheet total rises from 73.7% to 80.9%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€31,294▲
2024 · €13,609
Cash flow
€21,817▲
2024 · €8,479
Debt to equity
4.23▲
2024 · 2.81
ROE
61.8%▼
2024 · 88.7%
Interest coverage
10.06▲
2024 · 5.77
Debt ≤ 1 year
€98,039▲
2024 · €24,846
Income taxes
€6,366▲
2024 · €2,770
Staff costs
€100▼
2024 · €277
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet Code20242025
Assets
Total assets20/58€33,700€121,199▲
Fixed assets21/28€2,751€54,213▲
Tangible fixed assets22/27€2,751€54,213▲
Plant, machinery and equipment23€2,751€4,136▲
Furniture and vehicles24-€50,077
Current assets29/58€30,949€66,985▲
Amounts receivable within one year40/41€26,868€45,415▲
Trade receivables40€25,438€43,084▲
Other amounts receivable41€1,430€2,331▲
Cash at bank and in hand54/58€4,051€19,428▲
Deferred charges and accrued income490/1€30€2,142▲
Equity and liabilities
Total equity and liabilities10/49€33,700€121,199▲
Equity10/15€8,854€23,159▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€7,854€22,159▲
Amounts payable17/49€24,846€98,039▲
Amounts payable within one year42/48€24,846€98,039▲
Trade debts44€35€88,749▲
Suppliers440/4€35€88,749▲
Taxes, remuneration and social security45€2,770€6,366▲
Taxes450/3€2,770€6,366▲
Other amounts payable47/48€22,041€2,925▼
Income statement Code20242025
Turnover70€185,660-
Goods, raw materials, services and sundry goods60/61€170,898-
Remuneration, social security and pensions62€277€100▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€625€7,512▲
Other operating charges640/8€876€283▼
Gross operating margin9900€14,762€31,677▲
Operating profit (loss)9901€12,984€23,782▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€2,360€3,111▲
Recurring financial charges65€2,360€3,111▲
Profit (loss) for the period before taxes9903€10,624€20,671▲
Income taxes67/77€2,770€6,366▲
Profit (loss) for the period9904€7,854€14,305▲
Profit (loss) for the period to be appropriated9905€7,854€14,305▲
Appropriation of the result
Profit (loss) to be appropriated9906€7,854€22,159▲
Profit (loss) brought forward from the previous period14P-€7,854

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Turnover70€185,660--
Goods, raw materials, services and sundry goods60/61€170,898--
Remuneration, social security and pensions62€277€100▼ 63.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€625€7,512▲ 1,101%
Other operating charges640/8€876€283▼ 67.6%
Gross operating margin9900€14,762€31,677▲ 115%
Operating profit (loss)9901€12,984€23,782▲ 83.2%
Financial income75/76B-€0-
Recurring financial income75-€0-
Financial charges65/66B€2,360€3,111▲ 31.8%
Recurring financial charges65€2,360€3,111▲ 31.8%
Profit (loss) for the period before taxes9903€10,624€20,671▲ 94.6%
Income taxes67/77€2,770€6,366▲ 130%
Profit (loss) for the period9904€7,854€14,305▲ 82.1%
Profit (loss) for the period to be appropriated9905€7,854€14,305▲ 82.1%
Line20242025Change
Assets
Total assets20/58€33,700€121,199▲ 260%
Fixed assets21/28€2,751€54,213▲ 1,871%
Tangible fixed assets22/27€2,751€54,213▲ 1,871%
Plant, machinery and equipment23€2,751€4,136▲ 50.3%
Furniture and vehicles24-€50,077-
Current assets29/58€30,949€66,985▲ 116%
Amounts receivable within one year40/41€26,868€45,415▲ 69.0%
Trade receivables40€25,438€43,084▲ 69.4%
Other amounts receivable41€1,430€2,331▲ 63.1%
Cash at bank and in hand54/58€4,051€19,428▲ 380%
Deferred charges and accrued income490/1€30€2,142▲ 7,046%
Equity and liabilities
Total equity and liabilities10/49€33,700€121,199▲ 260%
Equity10/15€8,854€23,159▲ 162%
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€7,854€22,159▲ 182%
Amounts payable17/49€24,846€98,039▲ 295%
Amounts payable within one year42/48€24,846€98,039▲ 295%
Trade debts44€35€88,749▲ 250,675%
Suppliers440/4€35€88,749▲ 250,675%
Taxes, remuneration and social security45€2,770€6,366▲ 130%
Taxes450/3€2,770€6,366▲ 130%
Other amounts payable47/48€22,041€2,925▼ 86.7%
Line20242025Change
Profit (loss) for the period9904€7,854€14,305▲ 82.1%
+ Depreciation and write-downs630€625€7,512▲ 1,101%
Operating cash flow (approximation)€8,479€21,817▲ 157%
Investment in fixed assets (approximation)--€58,974-
Change in cash-€15,376-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
25-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Sint-Pieters-Leeuw · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
1,814 m²
Building footprint
484 m²
Volume, LiDAR
3,771 m³
2 parcels, Brussels, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MICHA PRO
Adolphe Willemynsstraat 300, 1070 AnderlechtPlumbing work
since 20242.355.650.740
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
23077A0118/00W082 Flanders 1,638 m² 1 · 398 m² 9.5 m · 3 fl.
21001A0185/00L002 Brussels 176 m² 1 · 86 m² 11.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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

Of 7,043 companies in sector 43221 we hold annual accounts for 3,477. 2,558 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded05-02-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43240Other construction installation
43990Other specialised construction activities
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID 0208:1005609391
Also 9925:BE1005609391

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.