MICHEL DE MEY
MICHEL DE MEY has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139k and a net result of €-2k. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 63% of 531 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
| Equity | €139k |
| Net result | €-2k |
| Better than sector | 63% |
| Active | 21 yrs |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 57.3% | 42.7% | |
| Net result | €-2k | €9k | |
| Equity | €139k | €64k | |
| Gross operating margin | €33k | €40k | |
| Staff costs | €920 | €53k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €21k | €53k | €42k | €57k |
| Net profit | €-2k | €21k | €2k | €26k |
| Cash flow | €15k | €40k | €37k | €50k |
| Staff costs | €920 | €3k | - | - |
| Income taxes | €234 | €9k | €702 | €3k |
| Dividends | - | €859 | - | - |
| Total assets | €242k | €244k | €242k | €266k |
| Equity | €139k | €141k | €123k | €122k |
| Debt | €103k | €102k | €120k | €145k |
| of which ≤ 1y | €64k | €53k | €81k | €77k |
| of which > 1y | €39k | €48k | €38k | €67k |
| Working capital | €9k | €11k | €-34k | €-43k |
| Employees (FTE) | - | 0.2 | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 1.15 | 1.22 | 0.58 | 0.44 |
| Quick ratio | 1.15 | 1.22 | 0.58 | 0.44 |
| Working capital ratio | 3.9% | 4.7% | -14.2% | -16.2% |
| Solvency | 57.3% | 58.0% | 50.6% | 45.7% |
| Debt / equity | 0.74 | 0.72 | 0.98 | 1.19 |
| Long-term debt ratio | 0.28 | 0.34 | 0.31 | 0.55 |
| Interest coverage | 3.15 | 8.80 | 8.00 | 11.97 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -0.7% | 8.5% | 0.7% | 9.6% |
| ROE | -1.2% | 14.6% | 1.4% | 21.1% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €242k | €244k | €242k | €266k |
| Fixed assets | 21/28 | €169k | €180k | €195k | €232k |
| Tangible fixed assets | 22/27 | €168k | €179k | €195k | €232k |
| Financial fixed assets | 28 | €454 | €589 | €384 | €384 |
| Current assets | 29/58 | €73k | €64k | €47k | €34k |
| Amounts receivable within one year | 40/41 | €72k | €59k | €45k | €22k |
| Cash & bank | 54/58 | - | €3k | - | €11k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €242k | €244k | €242k | €266k |
| Equity | 10/15 | €139k | €141k | €123k | €122k |
| Contributions / capital | 10/11 | €12k | €12k | €12k | €12k |
| Reserves | 13 | €66k | €66k | €45k | €44k |
| Accumulated profits (losses) | 14 | €46k | €48k | €49k | €49k |
| Amounts payable | 17/49 | €103k | €102k | €120k | €145k |
| Amounts payable after one year | 17 | €39k | €48k | €38k | €67k |
| Amounts payable within one year | 42/48 | €64k | €53k | €81k | €77k |
| Trade debts payable within one year | 44 | €19k | €17k | €30k | €33k |
| Income statement | |||||
| Gross operating margin | 9900 | €33k | €58k | €44k | €59k |
| Operating result | 9901 | €4k | €34k | €7k | €33k |
| Financial income | 75 | €938 | €939 | €942 | €941 |
| Financial charges | 65 | €7k | €6k | €5k | €5k |
| Result before taxes | 9903 | €-1k | €29k | €2k | €29k |
| Income taxes | 67/77 | €234 | €9k | €702 | €3k |
| Net result for the period | 9904 | €-2k | €21k | €2k | €26k |
| Result to be appropriated | 9905 | €-2k | €21k | €2k | €26k |
| NACE primary | Manufacture of other builders' carpentry and joinery(16230) |
| Legal form | Private limited company(610) |
| Incorporation | 08-09-2004 |
| Status | Active |
| Postal code | 6120 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56058A0117/00H002 | Wallonia | 1,309 m² | 1 · 133 m² | 8.7 m · 2 fl. |
| 56058A0100/00P000 | Wallonia | 538 m² | 1 · 133 m² | 7.9 m · 2 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
19-02-2024 Registered office moved within Ham-sur-Heure-Nalinnes
- Rue Docteur Paul Maître(NAL) 4 : 6120 Ham-sur-heure-Nalinnes → 6120 Ham-sur-Heure-Nalinnes (section de Nalinnes), rue Docteur Paul Maître, 2
Technical details
{
"events": [
{
"kind": "zetel_clause_amendment_no_move",
"seat_type": "siege_social",
"new_address": {
"raw": "6120 Ham-sur-Heure-Nalinnes (section de Nalinnes), rue Docteur Paul Ma\u00EEtre, 2",
"city": "Ham-sur-Heure-Nalinnes",
"region": "waals_gewest",
"street": "Rue Docteur Paul Ma\u00EEtre",
"country": "BE",
"postcode": "6120",
"box_number": null,
"street_number": "2",
"locality_suffix": "(NAL)"
},
"old_address": {
"raw": "Rue Docteur Paul Ma\u00EEtre(NAL) 4 : 6120 Ham-sur-heure-Nalinnes",
"city": "Ham-sur-heure-Nalinnes",
"region": "waals_gewest",
"street": "Rue Docteur Paul Ma\u00EEtre",
"country": "BE",
"postcode": "6120",
"box_number": null,
"street_number": "4",
"locality_suffix": "(NAL)"
},
"effective_date": null,
"evidence_quote": "L\u2019assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de transf\u00E9rer le si\u00E8ge \u00E0 6120 Ham-sur-Heure-Nalinnes (section de Nalinnes), rue Docteur Paul Ma\u00EEtre, 2.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "act_body",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Anne Maufroid",
"firm_city": null,
"firm_name": null,
"office_city": "Ham-sur-Heure",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-02-19",
"filing_date": "2024-02-15",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e g\u00E9n\u00E9rale extraordinaire",
"date": "2023-12-20",
"unanimous": true
},
"subject_company": {
"kbo": "0867.129.520",
"name_full": "MICHEL DE MEY",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Anne Maufroid",
"org_rep_person_name": null,
"person_role_at_subject": "notaire"
},
"co_filed_documents": [
"l\u2019exp\u00E9dition de l\u2019acte du 20/12/2023",
"les statuts coordonn\u00E9s du 20/12/2023"
]
}| Legal nameFR | MICHEL DE MEY |