Financials
- Financial year
- 2022
- Turnover
- €89,098
- Loss
- -€3,810
- Solvency
- 6.7%
Turnover▼ 8.6%
Net result
20182022
MICHEL AUDENAERT
ActiveSummary
The computed 12-month bankruptcy probability of MICHEL AUDENAERT is 8.9% (elevated). For MICHEL AUDENAERT, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €15,931 and a net result of -€3,810. Equity is growing by about 6.3% per year across the filed financial years. Its solvency ranks better than 12% of 8,670 sector peers (NACE 46, financial year 2022). The company has been active since 2000 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).
Overview
Activity
Wholesale of construction materials, general range
NACE 46831
1 site
Size
€89,098turnover 2022
- Equity
- €15,931
- Loss
- -€3,810
Financial health
- Bankruptcy probabilitywithin 12 months
- 8.9%
2022 figures too old to score
Structure
- AudenaertAttanasio MichelDirector
Accounts 812 days overdue
Signalsraises riskFigures for financial year 2022 (filed 28-12-2023)3 financial years not filed after the legal deadline; latest accounts 144 days late; 3 of the last 3 lateLiquidity: current ratio 1.06, cash €1,911Two or more financial years not filedFiled more than 90 days lateAdministrative warnings in the KBO publicationslowers riskFounded in 2000Show the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Weak
Solvency
32+1
equity 6.7% of total assets
Liquidity
1=
short-term debt 93.3% · cash 0.8%
Profitability
34-3
return on assets -1.6%
Bankruptcy probability, 12 months
8.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 7.3%lowest value
12-2024: 8.1%▲ +0.8 percentage points vs 11-2024
01-2025: 12.1%▲ +4.0 percentage points vs 12-2024
02-2025: 12.1%● unchanged vs 01-2025
03-2025: 12.1%● unchanged vs 02-2025
04-2025: 11.2%▼ -0.9 percentage points vs 03-2025
05-2025: 11.2%● unchanged vs 04-2025
06-2025: 11.2%● unchanged vs 05-2025
07-2025: 11.2%● unchanged vs 06-2025
08-2025: 13.5%▲ +2.3 percentage points vs 07-2025
09-2025: 13.5%● unchanged vs 08-2025
10-2025: 13.5%● unchanged vs 09-2025
11-2025: 13.5%● unchanged vs 10-2025
12-2025: 13.5%● unchanged vs 11-2025
01-2026: 14.0%▲ +0.5 percentage points vs 12-2025highest value
02-2026: 9.5%▼ -4.5 percentage points vs 01-2026
03-2026: 9.5%● unchanged vs 02-2026
04-2026: 9.5%● unchanged vs 03-2026
05-2026: 9.5%● unchanged vs 04-2026
06-2026: 9.5%● unchanged vs 05-2026
07-2026: 9.5%● unchanged vs 06-2026
08-2026: 8.9%▼ -0.6 percentage points vs 07-2026
09-2026: 8.9%● unchanged vs 08-2026
10-2026: 8.9%● unchanged vs 09-2026
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Signals
Seven signals.
lowers riskraises risk
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 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.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 year end31-07-2024 deadline21-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 22-12-2023, 144 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
144 days late
2021
214 days late
2020
515 days late
2019
875 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 437 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Strikeout withdrawnStrikeout withdrawal
- Resignation: AudenaertAttanasio Michel (manager)Appointment: AudenaertAttanasio Michel (director) ·…
- Annual accounts filedfinancial year 2022 · abbreviated…
- Strikeout withdrawnevent 02-03-2023
Key points
By topic
Board & ownership
- Board
- 1 member
- AudenaertAttanasio MichelDirector
Timeline
- Events
- 27
- Since
- 2002
- 02-03-2023Annual accounts filed
- 31-12-2022Weakest financial year
- 28-12-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Wholesale of construction materials, general rangeNACE 46831
- Founded
- 25-05-2000
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
Articles of association
- Provisions read
- 11
- Who signs
- Each director alone
- Purpose
- “De aankoop, de handel in en de verkoop (groot- en kleinhandel) van sanitaire toestellen…” (deed in Dutch)
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