Equity
€132,651 ▼ 32.6%
MICHCOM paid out €99,692 in dividends. That is 280% of the 2025 profit.
MICHCOM
Lifetime
17 annual accounts with figures on one time axispeak €81,112 (2024)
€53,125▼ 34.5%
lowest -€5,470 (2011)
€35,641▼ 36.4%
peak €196,701 (2024)
€132,651▼ 32.6%
€104,811▲ 435%
Board3 names since 2008
1 directorHadim Michaell
Documentsfilings and deeds
18-12-2025133 days before the deadline
2025micro format
Gross margin from €81,112 to €53,125Result from €56,071 to €35,641Registered office moved from Meerbeke to Nieuwenhove 22-08Dividend €99,692Equity from €196,701 to €132,651Debts from €19,582 to €104,811
Key points
from the 2025 annual accountsTurnover
≈ €110,000 estimated
The micro format states no turnover.
Debts
€104,811 ▲ 435%
Debts rose by €85,229 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Investments
€8,396 5.3 × depreciation
Green is investment, beige is depreciation. Machinery stands 56.4% higher than in 2024.
Liquidity
2.12 was 10.80 in 2024
Short-term debts rose from €19,582 to €104,811.
Filings
17 annual accounts since 2009
The last five annual accounts were filed 44 to 133 days before the end of the period.
Checked score
93
Excellent
Financially stronger than 45% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: 0.1%▲ +0.1 percentage points vs 12-2025highest value
02-2026: 0.1%● unchanged vs 01-2026highest value
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 2.12, cash €182,413
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €237,461
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 62, micro). It does better than 48% of them on solvency, 62% on liquidity, 50% on profitability and 20% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as MICHCOM has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of MICHCOM itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 34,693 companies, not a prediction for MICHCOM. 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
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.12 (10.8 in 2024), above the usual 1.5. Short-term debt is 44.1% and cash 76.8% of total assets. 44.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 18-12-2025, 133 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
133 days early
2024
47 days early
2023
63 days early
2022
60 days early
2021
44 days early
2020
67 days early
2019
66 days early
← 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 69 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 1 March (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Recent changes
Registered office moved from Meerbeke to Nieuwenhove
New registered office: Overraadstraat 39 te 9506 Nieuwenhove · Previous registered office: Eggerstraat-Zuld 64 te 9402 Meerbeke · General meeting of 30-04-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0806351496
1 director appointed, 1 manager resigning, 1 reappointment
Resignation: HADIM Michaël (manager) · Reappointment: HADIM Michaël · Appointment: Kristina Krestyanova (successor director) · Gazette deed
Registered office moved from Liedekerke to Meerbeke
New registered office: Eggerstraat-Zuid 64 te 9402 Meerbeke · Previous registered office: Ed. Schelfhoutstraat 63 te 1770 Liedekerke · General meeting of 15-12-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MICHCOM Geraardsbergen | €237,461 | €53,125 | 55.9% | - |
| Lomantis Assenede | €190,277 | €56,949 | 95.8% | - |
| DAROX CONSULTING Molenbeek-Saint-Jean | €262,367 | €52,159 | 33.5% | - |
| VINYLSCAN Genk | €241,910 | €46,684 | 36.2% | - |
| PROGRAN Rochefort | €260,134 | €46,314 | 59.7% | - |
| JOYCE IT Bertem | €286,223 | €57,702 | 87.4% | - |
| DB-HD Braine-le-Comte | €200,658 | €62,049 | 78.3% | - |
These companies have the same main activity as MICHCOM: other information technology and computer services (NACE 62900). They are comparable in size and age: total assets between €190,000 and €286,000, founded between 2007 and 2009.
Official details
Source: KBO- Status
- Active since 15-09-2008Normal situation
- Activity
- Other information technology and computer servicesNACE 62900and 1 other
- Establishment unit
- 2.173.241.3499506 Geraardsbergen, since 01-10-2008
- Financial year end
- 30 September
- Peppol
- Reachable since 01-08-2025
Annual accounts to 30-09-2025
- €237,461▲ 9.8%
- Filing
- Filed on 18-12-2025, 133 days before the end of the filing period
Insights on MICHCOM
MICHCOM files the micro format. That format states no turnover. The gross margin rose from €19,454 in 2009 to €53,125 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 MICHCOM
- What is the company number of MICHCOM?
- The company number of MICHCOM is 0806.351.496. The VAT number is the same number with BE in front: BE 0806.351.496.
- Where is MICHCOM based?
- The registered office is at Overraadstraat 39, 9506 Geraardsbergen.Company details
- What does MICHCOM do?
- According to the KBO register, the main activity is other information technology and computer services (NACE 62900).
- What is the legal form of MICHCOM?
- MICHCOM is a private limited company (BV).
- When was MICHCOM founded?
- MICHCOM was founded on 15-09-2008.
- Is MICHCOM still active?
- Yes, MICHCOM is an active enterprise in the KBO register.
- What is the turnover of MICHCOM?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €53,125 and 97 comparable companies (NACE 62). It probably lies between €92,000 and €130,000.Financials
- Is MICHCOM profitable?
- In financial year 2025, MICHCOM made a profit of €35,641.
- Where can I find the annual accounts of MICHCOM?
- MICHCOM filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MICHCOM due?
- MICHCOM must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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