Equity
€2.3m ▲ 24.6%
MICHAS has made a profit in every financial year since 2007.
MICHAS
Lifetime
19 annual accounts with figures on one time axis, 29 filings since 1997peak €483,220 (2024)
€447,807▼ 7.3%
peak €463,953 (2025)
€463,953▲ 60.7%
peak €2.3m (2025)
€2.3m▲ 24.6%
€413,241▲ 58.0%
Board1 name since 2022
1 director
Documentsfilings and deeds
10-01-202621 days before the deadline
2025micro format
Result from €288,780 to €463,953Equity from €1.9m to €2.3mDebts from €261,601 to €413,241Cash from €253,886 to €164,566
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 20,137 companies had the same profile as MICHAS has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for MICHAS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0458544932
First establishment
Varendonksesteenweg 59, Herselt
Incorporation
published on 27-07-1996 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MICHAS Herselt | €2.8m | €447,807 | 85.0% | - |
| GEUSENS Genk | €2.3m | €347,207 | 95.0% | - |
| ROSHI Wielsbeke | €3.6m | €293,037 | 59.7% | - |
| DOKTER LUC ENGELS Wemmel | €1.6m | €375,918 | 88.3% | - |
| IMMO WAGLAS Sint-Niklaas | €3.9m | €402,927 | 94.8% | - |
| TECHNET CAPITAL Etterbeek | €1.7m | €647,535 | 88.5% | - |
| BRAEKEN AGRI SERVICE Oudsbergen | €1.9m | €492,048 | 65.1% | 3.2 |
These companies have the same main activity as MICHAS: other professional, scientific and technical activities (NACE 74999). They are comparable in size and age: total assets between €1.6m and €3.9m, founded between 1983 and 2005.
Official details
Source: KBO- Status
- Active since 25-06-1996Normal situation
- Activity
- Other professional, scientific and technical activitiesNACE 74999
- Establishment unit
- 2.077.514.7222230 Herselt, since 25-07-1996
- Financial year end
- 30 June
- Peppol
- Reachable since 22-12-2025
Annual accounts to 30-06-2025
- ≈ €900,000estimated
- €2.8m▲ 28.7%
- Filing
- Filed on 10-01-2026, 21 days before the end of the filing period
Insights on MICHAS
MICHAS files the micro format. That format states no turnover. The gross margin rose from €60,691 in 2007 to €447,807 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MICHAS
- What is the company number of MICHAS?
- The company number of MICHAS is 0458.544.932. The VAT number is the same number with BE in front: BE 0458.544.932.
- Where is MICHAS based?
- The registered office is at Varendonksesteenweg 59, 2230 Herselt.Company details
- What does MICHAS do?
- According to the KBO register, the main activity is other professional, scientific and technical activities (NACE 74999).
- What is the legal form of MICHAS?
- MICHAS is a private limited company (pre-2019) (BVBA).
- When was MICHAS founded?
- MICHAS was founded on 25-06-1996.
- Is MICHAS still active?
- Yes, MICHAS is an active enterprise in the KBO register.
- What is the turnover of MICHAS?
- The turnover in financial year 2025 is ≈ €900,000. This figure is estimated from the gross margin of €447,807 and 878 comparable companies of the same size. It probably lies between €630,000 and €1.3m. It is a rough estimate.Financials
- Is MICHAS profitable?
- In financial year 2025, MICHAS made a profit of €463,953.
- Where can I find the annual accounts of MICHAS?
- MICHAS filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MICHAS due?
- MICHAS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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