Michaël Buysse
ActiveMichaël Buysse has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €256k and a net result of €52k. Equity is growing by ~35.9% per year across the filed fiscal years. Its solvency ranks better than 81% of 1291 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
93
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+8
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 3.12 against 1.66 in 2024), and 25.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 33
Relative position
BE, all sectors
reference
Sector 33
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
74.9%
Return on assets
15.1%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 01-03-2026, 60 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
60 d early
2024
4 d early
2023
7 d early
2022
6 d early
2021
1 d early
2020
2 d early
2019
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€256k▲ 25.2%
2024 · €204k
2018: €31k
2019: €48k
2020: €63k
2021: €88k
2022: €129k
2023: €200k
2024: €204k
2018 → 2025
Total assets
€342k▲ 12.5%
2024 · €304k
2018: €45k
2019: €99k
2020: €98k
2021: €124k
2022: €154k
2023: €298k
2024: €304k
2018 → 2025
Net result
€52k▼ 26.6%
2024 · €70k
2018: €13k
2019: €18k
2020: €14k
2021: €26k
2022: €41k
2023: €71k
2024: €70k
2018 → 2025
Working capital
€145k▲ 235%
2024 · €43k
2018: €5k
2019: €27k
2020: €34k
2021: €70k
2022: €69k
2023: €54k
2024: €43k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€88k-€129k▲ 46.2%€200k▲ 55.3%€204k▲ 1.9%€256k▲ 25.2%
Operating result€35k-€51k▲ 45.4%€83k▲ 64.5%€97k▲ 16.8%€74k▼ 24.3%
Net result€26k-€41k▲ 59.3%€71k▲ 74.8%€70k▼ 1.5%€52k▼ 26.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 24% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €342k
Fixed assets
€128k▼ 34.0%
Current assets
€213k▲ 95.5%
Equity and liabilities €342k
Equity
€256k▲ 25.2%
Debt
€86k▼ 13.6%
The debt ratio falls from 32.7% to 25.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€107k▼
2024 · €136k
Cash flow
€85k▼
2024 · €109k
Solvency
74.9%▲
2024 · 67.3%
Current ratio
3.12▲
2024 · 1.66
Quick ratio
3.02▲
2024 · 1.60
Debt / equity
0.34▼
2024 · 0.49
ROE
20.2%▼
2024 · 34.4%
ROA
15.1%▼
2024 · 23.1%
Interest coverage
19.33▼
2024 · 30.70
Debt
€86k▼
2024 · €99k
Debt ≤ 1 year
€68k▲
2024 · €66k
Debt > 1 year
€17k▼
2024 · €33k
Income taxes
€17k▼
2024 · €23k
Staff costs
€205▼
2024 · €788
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€304k€342k▲
Fixed assets21/28€194k€128k▼
Tangible fixed assets22/27€194k€128k▼
Plant, machinery and equipment23€194k€128k▼
Current assets29/58€109k€213k▲
Stocks and contracts in progress3€4k€7k▲
Stocks30/36€4k€7k▲
Amounts receivable within one year40/41€55k€59k▲
Trade receivables40€53k€56k▲
Other amounts receivable41€1k€3k▲
Cash at bank and in hand54/58€51k€148k▲
Equity and liabilities
Total equity and liabilities10/49€304k€342k▲
Equity10/15€204k€256k▲
Contributions10/11€19k€19k=
Reserves13€186k€237k▲
Distributable reserves133€186k€237k▲
Amounts payable17/49€99k€86k▼
Amounts payable after more than one year17€33k€17k▼
Financial debts170/4€33k€17k▼
Amounts payable within one year42/48€66k€68k▲
Current portion of amounts payable after more than one year42€16k€16k=
Financial debts43€7k-
Credit institutions430/8€7k-
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€646€2k▲
Taxes450/3€646€2k▲
Other amounts payable47/48€39k€46k▲
Income statement
Code20242025
Remuneration, social security and pensions62€788€205▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€33k▼
Other operating charges640/8€826€823▼
Gross operating margin9900€137k€108k▼
Operating profit (loss)9901€97k€74k▼
Financial income75/76B€841€688▼
Recurring financial income75€841€688▼
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€94k€69k▼
Income taxes67/77€23k€17k▼
Profit (loss) for the period9904€70k€52k▼
Profit (loss) for the period to be appropriated9905€70k€52k▼
Appropriation of the result
Profit (loss) to be appropriated9906€70k€52k▼
Transfer from equity791/2€66k-
Transfer to equity691/2€70k€52k▼
To other reserves6921€70k€52k▼
Profit to be distributed694/7€66k-
Return on contributions (dividend)694€66k-
The notes to these accounts (7 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
01-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €71k ▲74.8%
Net result €71k, the highest in the series.
30-09
Financial
Equity above €200kEq €200k ▲55.3%
6 profitable years in a row build equity to €200k.
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €100kEq €129k ▲46.2%
5 profitable years in a row build equity to €129k.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro 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, Lochristi · 1 establishment unit since 2017
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.
Peene 209185 LochristiGround area
4,325 m²
Building footprint
112 m²
Volume, LiDAR
755 m³
Parcel 44472C1447/00E000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Michaël Buysse
since 20172.269.971.333
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44472C1447/00E000 | Flanders | 4,325 m² | 1 · 112 m² | 10.1 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLochristi2.269.971.333
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Of 642 companies in sector 33140 we hold annual accounts for 199. 127 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-10-2017
Fiscal year end30-09
Activities, NACEBEL
33140Repair and maintenance of electrical equipment
01610Support activities for crop production
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.