Limited partnership · founded 1987 · active for 39 yearsKoningin Astridlaan 37E, 2950 Kapellen, BelgiumKBO/BCE: BE 0431.385.229
Summary
Michel Beirens Advisory has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2011 annual accounts show equity of €265,526 and a net result of €37,408. Equity is growing by about 5.1% per year across the filed financial years. The computed 12-month bankruptcy probability is 1.1% (low).
Signalsraises riskFigures for financial year 2007 (filed 04-08-2008)1 change of registered office in 24 monthslowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Legal form: limited partnershipneutralNo filing for yearsLatest 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 2011 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2011 · tick = 2010
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
Solvency80+5
equity 55.0% of total assets
Liquidity52-2
short-term debt 12.4% · cash 2.4%
Profitability57+10
return on assets 7.7%
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.
1.1%Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.1% (48,325 companies, NACE 70, micro)
Last 24 months11-2024: 0.5%lowest value12-2024: 0.5%● unchanged vs 11-2024lowest value01-2025: 0.5%● unchanged vs 12-2024lowest value02-2025: 0.5%● unchanged vs 01-2025lowest value03-2025: 0.5%● unchanged vs 02-2025lowest value04-2025: 0.5%● unchanged vs 03-2025lowest value05-2025: 0.5%● unchanged vs 04-2025lowest value06-2025: 0.5%● unchanged vs 05-2025lowest value07-2025: 0.5%● unchanged vs 06-2025lowest value08-2025: 0.5%● unchanged vs 07-2025lowest value09-2025: 0.5%● unchanged vs 08-2025lowest value10-2025: 0.5%● unchanged vs 09-2025lowest value11-2025: 0.5%● unchanged vs 10-2025lowest value12-2025: 0.5%● unchanged vs 11-2025lowest value01-2026: 0.5%● unchanged vs 12-2025lowest value02-2026: 0.5%● unchanged vs 01-2026lowest value03-2026: 0.5%● unchanged vs 02-2026lowest value04-2026: 0.5%● unchanged vs 03-2026lowest value05-2026: 0.5%● unchanged vs 04-2026lowest value06-2026: 0.5%● unchanged vs 05-2026lowest value07-2026: 0.5%● unchanged vs 06-2026lowest value08-2026: 0.5%● unchanged vs 07-2026lowest value09-2026: 1.1%▲ +0.6 percentage points vs 08-2026highest value10-2026: 1.1%● unchanged vs 09-2026highest value