MICHALON - BIGARD

Active

Private limited companyfounded 1992active for 34 yearsRue des Héritages 18, 5336 Assesse, BelgiumKBO/BCE: BE 0448.327.466

Summary

The computed 12-month bankruptcy probability of MICHALON - BIGARD is 4.0% (moderate). The 2024 annual accounts show equity of €179,462 and a net result of €6,817. Equity is growing by about 6.5% per year across the filed financial years. The company has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

MICHALON - BIGARDActiveChecked score 50/100

Risk analysis Report Compare

Activity

Activity not known

Size

€197,389total assets 2024

Equity: €179,462
Profit: €6,817

Turnover not published (micro format)

Financial health

50 Fair Checked score 2024

Bankruptcy probabilitywithin 12 months: 4.0%

Structure

DE BUYSER CapucineDirector
DE BUYSER MaximeDirector

2025 accounts not filed, 87 days past the deadline2 of 5 deeds summarised

Why 50raises risk1 change of registered office in 24 monthsFigures for financial year 2024 (filed 03-07-2025)lowers riskFounded in 1992Size: total assets €197,389Show the evidence

Checked score

Score 2024

50 / 100

Fair

Probability in this band: 1.5% to 4.2%

Financially better than 61% of its sector peers (no NACE code, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2023

Strong

Solvency 100=

equity 90.9% of total assets

Liquidity 53+3

short-term debt 6.6% · cash 2.7%

Profitability 73-2

return on assets 3.5%

Bankruptcy probability, 12 months

4.0% Moderate

0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.0%▼ -0.1 percentage points vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 0.9%▼ -0.1 percentage points vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025lowest value 05-2025: 2.3%▲ +1.4 percentage points vs 04-2025 06-2025: 2.8%▲ +0.5 percentage points vs 05-2025 07-2025: 2.8%● unchanged vs 06-2025 08-2025: 0.9%▼ -1.9 percentage points vs 07-2025 09-2025: 0.9%● unchanged vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 1.1%▲ +0.2 percentage points vs 04-2026 06-2026: 1.4%▲ +0.3 percentage points vs 05-2026 07-2026: 1.5%▲ +0.1 percentage points vs 06-2026 08-2026: 1.7%▲ +0.2 percentage points vs 07-2026 09-2026: 2.3%▲ +0.6 percentage points vs 08-2026 10-2026: 4.0%▲ +1.7 percentage points vs 09-2026highest value

Credit of up to €8,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance

Liquidity ample (current ratio 7.51, compared with 5.45 in 2023, above the usual 1.5; short-term debt: 6.6% and cash: 2.7% of total assets), and 9.1% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 81% on solvency, 48% on liquidity, 54% on profitability and 59% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.

lowers riskraises riskneutral

1 change of registered office in 24 months

Belgian Official Gazette

Founded in 1992

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Figures for financial year 2024 (filed 03-07-2025)

NBB · annual accounts

Size: total assets €197,389

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Annual accounts not filed

The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.

NBB · 10 filings

Position against the passed deadline

31-12-2025 year end31-07-2026 deadline26-10-2026 today

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

30 days early

2023

63 days late

2022

30 days late

2021

31 days late

2020

110 days late

2019

151 days late

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 6 accounts on average 59 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

01-07-2025 Annual accounts filedfinancial year 2024 · micro…
25-04-2025 Appointments: DE BUYSER Maxime (director) and…Resignation: Proesmans Jean (director) ·…
02-10-2024 Annual accounts filedfinancial year 2023 · micro…

Key points

Caution: 2025 accounts not fileddeadline was 31-07-2026 87 days past the deadline View
Positive: 7 profitable years in a rowprofit 2024: €6,817 7 years View
Active since 1992founded 29-09-1992 34 years View

By topic

Financials

Financial year: 2024
Total assets: €197,389
Profit: €6,817
Solvency: 90.9%

Go to Financials

Board & ownership

Board: 2 members

DE BUYSER CapucineDirector
DE BUYSER MaximeDirector

Go to Board & ownership

Network & group

Connected companies: 1

Go to Network & group

Timeline

Events: 37
Since: 1994

31-12-2023Liquidity more than doubled
28-12-2023Appointment: Jean PROESMANS (director)
30-08-2023Annual accounts filed

Go to Timeline

Company details

Legal form: Private limited company
Founded: 29-09-1992
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 26

See the provisions in the deeds

Go to Articles of association

Key facts about MICHALON - BIGARD

What is the company number of MICHALON - BIGARD?: 0448.327.466. In Belgium the VAT number is the company number with BE in front: BE 0448.327.466.
Where is MICHALON - BIGARD based?: The registered office is at Rue des Héritages 18, 5336 Assesse.Company details
What is the legal form of MICHALON - BIGARD?: Private limited company (BV).
When was MICHALON - BIGARD founded?: On 29-09-1992.
Is MICHALON - BIGARD still active?: Yes, MICHALON - BIGARD is an active enterprise in the KBO register.
What is the turnover of MICHALON - BIGARD?: €35,933 in financial year 2018, according to the filed annual accounts.Financials
Is MICHALON - BIGARD profitable?: In financial year 2024, MICHALON - BIGARD made a profit of €6,817.
Where can I find the annual accounts of MICHALON - BIGARD?: MICHALON - BIGARD filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2024.