Michaels & Daughters is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €62k and a net result of €57k. Its solvency ranks better than 57% of 7980 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2025, under 3 years, statistically higher risk.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, micro schema
Equity
€62k
Net result
€57k
Total assets
€104k
Solvency
60.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €104k
Equity
€62k
Debt
€41k
Debt finances 39.9% of the balance-sheet total.
Key figures and ratios
Solvency
60.1%
ROE
92.0%
ROA
55.3%
Debt
€41k
Debt ≤ 1 year
€41k
Income taxes
€20k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet
Code2025
Assets
Total assets20/58€104k
Current assets29/58€104k
Amounts receivable within one year40/41€70k
Trade receivables40€15k
Other amounts receivable41€56k
Cash at bank and in hand54/58€34k
Equity and liabilities
Total equity and liabilities10/49€104k
Equity10/15€62k
Contributions10/11€5k
Reserves13€57k
Distributable reserves133€57k
Amounts payable17/49€41k
Amounts payable within one year42/48€41k
Trade debts44€15k
Suppliers440/4€15k
Taxes, remuneration and social security45€27k
Taxes450/3€27k
Income statement
Code2025
Other operating charges640/8€400
Gross operating margin9900€78k
Operating profit (loss)9901€77k
Financial income75/76B€35
Recurring financial income75€35
Financial charges65/66B€122
Recurring financial charges65€122
Profit (loss) for the period before taxes9903€77k
Income taxes67/77€20k
Profit (loss) for the period9904€57k
Profit (loss) for the period to be appropriated9905€57k
Appropriation of the result
Profit (loss) to be appropriated9906€57k
Transfer to equity691/2€57k
To other reserves6921€57k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
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, Antwerpen · 1 establishment unit since 2025
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.
Marnixplaats 16-1e V2000 AntwerpenGround area
122 m²
Building footprint
120 m²
Volume, LiDAR
1,579 m³
Parcel 11811L3618/00D003, Flanders · tallest building 16.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Michaels & Daughters
since 20252.370.382.070
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3618/00D003 | Flanders | 122 m² | 1 · 120 m² | 16.3 m · 5 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.
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,747. 11,066 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-01-2025
Fiscal year end31-12
Activities, NACEBEL
64210Activities of holding companies
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.