For MICHEL AUBRY, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €190,895 and a net result of €25,000. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 90% of 14,770 sector peers (NACE 46, financial year 2023). The company has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Signalsraises riskFigures for financial year 2023 (filed 31-01-2024)2 financial years not filed after the legal deadline; latest accounts 1 days lateTwo or more financial years not filedlowers riskLiquidity: current ratio 8.04, cash €206,188Equity €190,895 (87.7% of total assets)neutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency100=
equity 87.7% of total assets
Liquidity99+3
short-term debt 12.3% · cash 94.8%
Profitability83-1
return on assets 11.5%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
1.3%Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.4% (26,862 companies, NACE 46, micro)
Last 24 months11-2024: 0.1%12-2024: 0.1%● unchanged vs 11-202401-2025: 0.1%● unchanged vs 12-202402-2025: < 0.1%▼ -0.1 percentage points vs 01-2025lowest value03-2025: < 0.1%● unchanged vs 02-202504-2025: 0.1%▲ +0.1 percentage points vs 03-202505-2025: 0.1%● unchanged vs 04-202506-2025: 0.2%▲ +0.1 percentage points vs 05-202507-2025: 0.4%▲ +0.2 percentage points vs 06-202508-2025: 0.4%● unchanged vs 07-202509-2025: 0.5%▲ +0.1 percentage points vs 08-202510-2025: 0.4%▼ -0.1 percentage points vs 09-202511-2025: 0.4%● unchanged vs 10-202512-2025: 0.4%● unchanged vs 11-202501-2026: 0.4%● unchanged vs 12-202502-2026: 1.3%▲ +0.9 percentage points vs 01-2026highest value03-2026: 1.3%● unchanged vs 02-2026highest value04-2026: 1.3%● unchanged vs 03-2026highest value05-2026: 1.3%● unchanged vs 04-2026highest value06-2026: 1.3%● unchanged vs 05-2026highest value07-2026: 1.3%● unchanged vs 06-2026highest value08-2026: 1.3%● unchanged vs 07-2026highest value09-2026: 1.3%● unchanged vs 08-2026highest value10-2026: 1.3%● unchanged vs 09-2026highest value
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 7 days before the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
Annual accounts filedfinancial year 2023 · micro…
Highest result from 2019 to 2023net €25,000 ▲0.3%
Annual accounts filedfinancial year 2022 · micro…
Key points
Risk: Accounts not fileddeadline was 31-01-2025629 days lateView
Positive: Among the best 10% on solvencysector median 38.5% · 14,770 companies87.7%View