Michaël Liekens
ActiveMichaël Liekens has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €165k and a net result of €52k. Equity is growing by ~50.3% per year across the filed fiscal years. Its solvency ranks better than 64% of 7002 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (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
Profitability96▼-4
Solvency95▲+7
Growth78=
Track record94
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.96 against 2.3 in 2024; short-term debt: 30.1% and cash: 62.9% of total assets), and 30.2% 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 · 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
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
69.8%
Return on assets
22%
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 21-01-2026, 10 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
10 d early
2024
3 d early
2023
2 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, micro schema
Equity
€165k▲ 45.9%
2024 · €113k
2023: €51k
2024: €113k
2023 → 2025
Total assets
€236k▲ 31.1%
2024 · €180k
2023: €108k
2024: €180k
2023 → 2025
Net result
€52k▼ 16.1%
2024 · €62k
2023: €50k
2024: €62k
2023 → 2025
Working capital
€139k▲ 59.9%
2024 · €87k
2023: €51k
2024: €87k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€51k-€113k▲ 121%€165k▲ 45.9%
Operating result€67k-€63k▼ 6.7%€66k▲ 5.2%
Net result€50k-€62k▲ 23.4%€52k▼ 16.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 5% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €236k
Fixed assets
€26k▼ 0.5%
Current assets
€210k▲ 36.4%
Equity and liabilities €236k
Equity
€165k▲ 45.9%
Debt
€71k▲ 6.1%
The debt ratio falls from 37.3% to 30.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€72k▲
2024 · €67k
Cash flow
€58k▼
2024 · €67k
Solvency
69.8%▲
2024 · 62.7%
Current ratio
2.96▲
2024 · 2.30
Quick ratio
2.96▲
2024 · 2.30
Debt / equity
0.43▼
2024 · 0.59
ROE
31.5%▼
2024 · 54.7%
ROA
22.0%▼
2024 · 34.3%
Interest coverage
334.29▼
2024 · 531.39
Debt
€71k▲
2024 · €67k
Debt ≤ 1 year
€71k▲
2024 · €67k
Income taxes
€14k▼
2024 · €17k
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€180k€236k▲
Fixed assets21/28€26k€26k▼
Tangible fixed assets22/27€26k€26k▼
Furniture and vehicles24€26k€26k▼
Current assets29/58€154k€210k▲
Amounts receivable within one year40/41€34k€61k▲
Trade receivables40€34k€53k▲
Other amounts receivable41-€8k
Current investments50/53€30k-
Cash at bank and in hand54/58€89k€148k▲
Deferred charges and accrued income490/1€550€1k▲
Equity and liabilities
Total equity and liabilities10/49€180k€236k▲
Equity10/15€113k€165k▲
Contributions10/11€1k€1k=
Reserves13€112k€164k▲
Distributable reserves133€112k€164k▲
Amounts payable17/49€67k€71k▲
Amounts payable within one year42/48€67k€71k▲
Current portion of amounts payable after more than one year42-€17k
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€46k€38k▼
Taxes450/3€26k€19k▼
Remuneration and social security454/9€20k€19k▼
Other amounts payable47/48€20k€15k▼
Accrued charges and deferred income492/3-€112
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€7k▲
Other operating charges640/8€20k€19k▼
Gross operating margin9900€88k€92k▲
Operating profit (loss)9901€63k€66k▲
Financial income75/76B€16k-
Recurring financial income75€0-
Non-recurring financial income76B€16k-
Financial charges65/66B€127€217▲
Recurring financial charges65€127€217▲
Profit (loss) for the period before taxes9903€78k€66k▼
Income taxes67/77€17k€14k▼
Profit (loss) for the period9904€62k€52k▼
Profit (loss) for the period to be appropriated9905€62k€52k▼
Appropriation of the result
Profit (loss) to be appropriated9906€62k€52k▼
Transfer to equity691/2€62k€52k▼
To other reserves6921€62k€52k▼
The notes to these accounts (5 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
21-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Equity above €150kEq €165k ▲45.9%
3 profitable years in a row build equity to €165k.
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2023net €62k ▲23.4%
Net result €62k, the highest in the series.
30-06
Financial
Equity above €100kEq €113k ▲121%
2 profitable years in a row build equity to €113k.
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Hasselt · 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.
Demergalmstraat 23500 HasseltGround area
298 m²
Building footprint
74 m²
Volume, LiDAR
5 m³
Parcel 71323C1319/00M000, Flanders · tallest building 2.2 m. Linked by address, not a title deed.
1 establishment unit
Michaël Liekens
since 20212.320.003.141
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C1319/00M000 | Flanders | 298 m² | 1 · 74 m² | 2.2 m |
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
Legal Entity Identifier
98450099XD4O94E38A25
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Of 9,863 companies in sector 73110 we hold annual accounts for 3,754. 2,903 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-07-2021
Fiscal year end30-06
Activities, NACEBEL
73110Advertising agencies
47400Retail sale of information and communication equipment
47410Retail trade
59203Motion picture, video and television programme production, sound recording and music publishing activities
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.