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Michel Dal

Active
Private limited company (pre-2019)founded 201214 yrs activeFruithoflaan 35, 2600 Antwerpen, BelgiumKBO/BCE: BE 0846.289.663
Summary

Michel Dal has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €745,600 and a net result of €106,439. Equity is growing by ~16.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).

What stands out

  1. Accounts not filed 62 d latedeadline was 31-07-2026
  2. 7 profitable years in a row 7 yearsprofit 2024: €106,43920182024
  3. Total assets 2024 €847,0136 fiscal years filed20192024

Overview

What they do
Activity not known
1 site
How big
€847,013total assets 2024
Equity €745,600 · Profit €106,439
Financially healthy?
59 Fair
Bankruptcy chance 1.0% · 12 m
Who decides
Not known
Accounts 62 d overdue0 of 1 deed readActivity not knownTurnover not published (abridged schema)
Why 59- No NACE activity registered- Filed more than 90 days late+ Long track record+ Annual accounts: healthy financial profileShow the evidence

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days only on tighter terms
Liquidity ample (current ratio 8.08 against 8.06 in 2023; short-term debt: 12% and cash: 9.1% of total assets), and 12% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 14 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
88%
Return on assets
12.6%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-12-2025, 144 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
144 d late
2023
112 d late
2022
106 d late
2021
115 d late
2020
91 d late
2019
145 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 119 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Highest result since 2018net €107,729 ▲32.3%

Financials

Fiscal year 2024Total assets €847,013Profit €106,439Solvency 88.0%Liquidity 8.08
Total assets
€847,013▲ 16.1%
2018 - 2024
Net result
€106,439▼ 1.2%
2018 - 2024
Equity
€745,600▲ 16.7%
2018 - 2024
Solvency
88.0%▲ 0.4pp
2018 - 2024

Financials · fiscal year 2024, micro schema

Trend over the years7 fiscal years
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€60,700▲ 23.6%€86,907▲ 43.2%€121,755▲ 40.1%€153,892▲ 26.4%€156,565▲ 1.7%
Net result€41,942▲ 33.5%€56,768▲ 35.3%€81,414▲ 43.4%€107,729▲ 32.3%€106,439▼ 1.2%
Equity€393,250▲ 11.9%€450,018▲ 14.4%€531,432▲ 18.1%€639,161▲ 20.3%€745,600▲ 16.7%
Total assets€428,571▲ 7.8%€500,126▲ 16.7%€598,965▲ 19.8%€729,671▲ 21.8%€847,013▲ 16.1%
Debt€35,320▼ 23.5%€50,108▲ 41.9%€67,533▲ 34.8%€90,510▲ 34.0%€101,413▲ 12.0%
Working capital€367,403▲ 16.8%€434,771▲ 18.3%€523,809▲ 20.5%€639,161▲ 22.0%€717,871▲ 12.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet2024
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2020: €60,700€60,700Net result 2020: €41,942€41,942Operating result 2021: €86,907€86,907Net result 2021: €56,768€56,768Operating result 2022: €121,755€121,755Net result 2022: €81,414€81,414Operating result 2023: €153,892€153,892Net result 2023: €107,729€107,729Operating result 2024: €156,565€156,565Net result 2024: €106,439€106,43920202021202220232024€0€50,000€100,000€150,000Operating result 2022: €121,755€122,000Net result 2022: €81,414€81,400Operating result 2023: €153,892€154,000Net result 2023: €107,729Operating result 2024: €156,565€157,000Net result 2024: €106,439€106,000202220232024
The operating result has risen four years in a row; 2024 is 2% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €847,013
Fixed assets €27,729
Current assets €819,284
Equity and liabilities €847,013
Equity €745,600 ▲ 16.7%
Debt €101,413 ▲ 12.0%
Debt's share of the balance-sheet total falls from 12.4% to 12.0%. Equity and debt are higher.
Key figures and ratios2024
Key figures and ratios
2024 value · change against 2023
EBITDA
€157,035▼
2023 · €161,516
Cash flow
€106,909▼
2023 · €115,353
Current ratio
8.08▲
2023 · 8.06
Debt to equity
0.14▼
2023 · 0.14
ROE
14.3%▼
2023 · 16.9%
ROA
12.6%▼
2023 · 14.8%
Interest coverage
191.00▲
2023 · 66.68
Debt ≤ 1 year
€101,413▲
2023 · €90,510
Income taxes
€56,324▼
2023 · €57,770
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
3.2% stopped otherwise
97% still going

For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,811 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2024
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€729,671€847,013▲
Fixed assets21/28-€27,729
Tangible fixed assets22/27-€27,729
Furniture and vehicles24-€27,729
Current assets29/58€729,671€819,284▲
Amounts receivable within one year40/41€287,988€351,325▲
Other amounts receivable41€287,988€351,325▲
Current investments50/53€384,021€384,021=
Cash at bank and in hand54/58€52,442€76,919▲
Deferred charges and accrued income490/1€5,220€7,020▲
Equity and liabilities
Total equity and liabilities10/49€729,671€847,013▲
Equity10/15€639,161€745,600▲
Contributions10/11€20,000€20,000=
Reserves13€619,161€725,600▲
Non-distributable reserves130/1€2,000€2,000=
Reserves not available under the articles1311€2,000€2,000=
Distributable reserves133€617,161€723,600▲
Amounts payable17/49€90,510€101,413▲
Amounts payable within one year42/48€90,510€101,413▲
Trade debts44€1,509€1,961▲
Suppliers440/4€1,509€1,961▲
Taxes, remuneration and social security45€89,001€99,452▲
Taxes450/3€89,001€99,452▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,624€470▼
Other operating charges640/8€3,597€1,240▼
Gross operating margin9900€165,112€158,275▼
Operating profit (loss)9901€153,892€156,565▲
Financial income75/76B€14,030€7,020▼
Recurring financial income75€14,030€7,020▼
Financial charges65/66B€2,422€822▼
Recurring financial charges65€2,422€822▼
Profit (loss) for the period before taxes9903€165,499€162,763▼
Income taxes67/77€57,770€56,324▼
Profit (loss) for the period9904€107,729€106,439▼
Profit (loss) for the period to be appropriated9905€107,729€106,439▼
Appropriation of the result
Profit (loss) to be appropriated9906€107,729€106,439▼
Transfer to equity691/2€107,729€106,439▼
To other reserves6921€107,729€106,439▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,797€10,600€7,624€7,624€470▼ 93.8%
Other operating charges640/8-€3,193€2,585€3,597€1,240▼ 65.5%
Gross operating margin9900€74,407€100,700€131,964€165,112€158,275▼ 4.1%
Operating profit (loss)9901€60,700€86,907€121,755€153,892€156,565▲ 1.7%
Financial income75/76B-€4,867€7,793€14,030€7,020▼ 50.0%
Recurring financial income75€4,766€4,867€7,793€14,030€7,020▼ 50.0%
Financial charges65/66B-€2,855€2,261€2,422€822▼ 66.1%
Recurring financial charges65€433€2,855€2,261€2,422€822▼ 66.1%
Profit (loss) for the period before taxes9903€65,032€88,918€127,288€165,499€162,763▼ 1.7%
Income taxes67/77€23,090€32,151€45,874€57,770€56,324▼ 2.5%
Profit (loss) for the period9904€41,942€56,768€81,414€107,729€106,439▼ 1.2%
Profit (loss) for the period to be appropriated9905€41,942€56,768€81,414€107,729€106,439▼ 1.2%
Line20202021202220232024Change
Assets
Total assets20/58€428,571€500,126€598,965€729,671€847,013▲ 16.1%
Fixed assets21/28€25,848€15,248€7,624-€27,729-
Tangible fixed assets22/27€25,848€15,248€7,624-€27,729-
Furniture and vehicles24-€15,248€7,624-€27,729-
Current assets29/58€402,723€484,879€591,342€729,671€819,284▲ 12.3%
Amounts receivable within one year40/41€96,255€125,415€173,254€287,988€351,325▲ 22.0%
Other amounts receivable41-€125,415€173,254€287,988€351,325▲ 22.0%
Current investments50/53€190,152€171,852€354,021€384,021€384,021=
Cash at bank and in hand54/58€111,623€183,734€58,847€52,442€76,919▲ 46.7%
Deferred charges and accrued income490/1-€3,878€5,220€5,220€7,020▲ 34.5%
Equity and liabilities
Total equity and liabilities10/49€428,571€500,126€598,965€729,671€847,013▲ 16.1%
Equity10/15€393,250€450,018€531,432€639,161€745,600▲ 16.7%
Contributions10/11-€20,000€20,000€20,000€20,000=
Reserves13€373,250€430,018€511,432€619,161€725,600▲ 17.2%
Non-distributable reserves130/1-€2,000€2,000€2,000€2,000=
Reserves not available under the articles1311-€2,000€2,000€2,000€2,000=
Distributable reserves133-€428,018€509,432€617,161€723,600▲ 17.2%
Amounts payable17/49€35,320€50,108€67,533€90,510€101,413▲ 12.0%
Amounts payable within one year42/48€35,320€50,108€67,533€90,510€101,413▲ 12.0%
Trade debts44€4,803€6,431€1,509€1,509€1,961▲ 30.0%
Suppliers440/4-€6,431€1,509€1,509€1,961▲ 30.0%
Taxes, remuneration and social security45-€43,676€66,024€89,001€99,452▲ 11.7%
Taxes450/3-€43,676€66,024€89,001€99,452▲ 11.7%
Line20202021202220232024Change
Profit (loss) for the period9904€41,942€56,768€81,414€107,729€106,439▼ 1.2%
+ Depreciation and write-downs630€10,797€10,600€7,624€7,624€470▼ 93.8%
Operating cash flow (approximation)€52,738€67,368€89,038€115,353€106,909▼ 7.3%
Investment in fixed assets (approximation)-€0€0---
Change in cash-€72,111-€124,887-€6,405€24,477▲ 482%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline

13 eventsLatest 22-12-2025

History

On 31 May 2012, Michel Dal was incorporated.1 Total assets went from €401,889 in 2018 to €847,013 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Acts, filings and financial milestones

2025
22-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 144 days late
2024
20-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 112 days late
2023
31-12
Financial Highest result since 2018net €107,729 ▲32.3%
Net result €107,729, the highest in the series.
14-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 106 days late
2022
31-12
Financial Equity above €500,000Eq €531,432 ▲18.1%
5 profitable years in a row build equity to €531,432.
23-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 115 days late
2021
30-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 91 days late
2020
23-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 145 days late
2019
31-12
Financial Weakest financial yearnet €31,410 ▼46.8%
Net result drops to €31,410, the lowest in the series; recovery starts the following year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Support & recognitions

1 register with a recognitionLEI issued
LEI
active
967600QZUWLWQO89XK06
Recognitions · licences · registrations1

Legal Entity Identifier

967600QZUWLWQO89XK06
live in the LEI register

Company details

Private limited company (pre-2019) · founded 31-05-2012Year ends 31-12Peppol not found1 site

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded31-05-2012
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2012
seat establishment The establishment unit on the map
Ground area
3,147 m²
Building footprint
273 m²
Volume, LiDAR
7,173 m³
Parcel 11003A0355/02R003, Flanders · tallest building 30.1 m, ±9 floors. Linked by address, not a title deed.
9 companies at this address See who is registered here
1 establishment unit
MICHEL DAL
Fruithoflaan 35, 2600 AntwerpenDental practice
since 2012unit no. 2.210.025.927
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11003A0355/02R003 Flanders 3,146 m² 1 · 273 m² 30.1 m · 9 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

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