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MICHAUX.M

Active
Private limited companyfounded 2002active for 24 yearsRue du Jonckay, Bierw. 19, 5380 Fernelmont, BelgiumKBO/BCE: BE 0477.250.292
Summary

MICHAUX.M has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €801,956 and a net result of -€1,406. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 95% of 5,789 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 28-03-2002 Normal situation
Activity
Renting and operating of own or leased residential real estate, excluding social housing NACE 68201
Establishment unit
2.099.002.794 5380 Fernelmont, since 02-05-2002
Financial year end
31 December
Peppol
Reachable since 16-12-2025

Board and ownership

Board

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€36,847
▲ 76.0%
Turnover
≈ €60,000
estimated
Loss
€1,406
▼ 90.3%
Equity
€801,956
▼ 0.2%
Total assets
€806,155
▼ 1.2%
Filed on 01-04-2026, 121 days before the deadline
Score breakdownraises riskLiquidity: current ratio 40.40, cash €6,436lowers riskSize: total assets €806,155Equity €801,956 (99.5% of total assets)Figures for financial year 2025 (filed on 03-04-2026)Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 61% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 99.5% of total assets
Liquidity 51+1
short-term debt 0.2% · cash 0.8%
Profitability 69+2
return on assets -0.2%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,625 companies, NACE 68, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025 08-2025: 0.3%● unchanged vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 0.1%▼ -0.3 percentage points vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €75,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 40.4 (4.12 in 2024), above the usual 1.5. Short-term debt is 0.2% and cash 0.8% of total assets. 0.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 (NACE 68, micro). It does better than 91% of them on solvency, 56% on liquidity, 55% on profitability and 44% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €806,155
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €801,956 (99.5% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 40.40, cash €6,436
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 03-04-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-04-2026, 121 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
121 days early
2024
65 days early
2023
6 days late
2022
2 days early
2021
29 days late
2020
31 days late
2019
102 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (4 of the last 5 accounts filed within 63 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 95% of companies in real estatesector median 38.3% · 5,789 companies 99.5% View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€1,406 View

Recent changes

  1. · Gazette deed Capital increase of €800,000 to €818,592Change of role: Monique MICHAUX, from manager to director · Appointment: Apolline GOOSSENS (director) · Reappointment: Renaud GOOSSENS (director)
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as MICHAUX.M: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €698,000 and €956,000, founded between 1997 and 2004.

CompanyTotal assetsGross margin
MICHAUX.M Fernelmont€806,155€36,847
HOUTOPIA Brecht€828,060€31,965
SIGLE M.H.M. Grâce-Hollogne€697,987€40,545
FVC Sint-Niklaas€955,952€39,682
DEN BROEBEL Halle€831,232€44,437
JAVA-Invest Bilzen-Hoeselt€857,111€29,890
MANON Overijse€780,223€39,082
Full comparison

Key facts about MICHAUX.M

What is the company number of MICHAUX.M?
The company number of MICHAUX.M is 0477.250.292. The VAT number is the same number with BE in front: BE 0477.250.292.
Where is MICHAUX.M based?
The registered office is at Rue du Jonckay, Bierw. 19, 5380 Fernelmont.Company details
What does MICHAUX.M do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of MICHAUX.M?
The legal form of MICHAUX.M is Private limited company (BV).
When was MICHAUX.M founded?
MICHAUX.M was founded on 28-03-2002.
Is MICHAUX.M still active?
Yes, MICHAUX.M is an active enterprise in the KBO register.
How many employees does MICHAUX.M have?
MICHAUX.M had an average of 5 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of MICHAUX.M?
The turnover in financial year 2025 is ≈ €60,000. This figure is estimated from the gross margin of €36,847 and 51 comparable companies (NACE 682). It probably lies between €45,000 and €87,000.
Is MICHAUX.M profitable?
In financial year 2025, MICHAUX.M made a loss of €1,406.
Where can I find the annual accounts of MICHAUX.M?
MICHAUX.M filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MICHAUX.M due?
MICHAUX.M must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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