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MICHEL ENGINEERING

Active
Private limited companyfounded 2001active for 25 yearsRue Pireux 14, 4624 Fléron, BelgiumKBO/BCE: BE 0475.820.830
Summary

MICHEL ENGINEERING has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €638,483 and a net result of €56,875. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 95% of 884 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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MICHEL ENGINEERINGActiveChecked score 96/100
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Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121
1 site
Size
€139,657turnover 2025
Equity
€638,483
Profit
€56,875
Financial health
96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 126 days early
Why 96raises riskSize: turnover €139,657, total assets €641,983lowers riskLiquidity: current ratio 173.37, cash €586,251Equity €638,483 (99.5% of total assets)Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 71% of its sector peers (NACE 71, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 99.5% of total assets
Liquidity 100=
short-term debt 0.5% · cash 91.3%
Profitability 87-3
return on assets 8.9%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,819 companies, NACE 71, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024lowest value 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025highest value 05-2025: < 0.1%● unchanged vs 04-2025highest value 06-2025: < 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%● unchanged vs 07-2025highest value 09-2025: < 0.1%● unchanged vs 08-2025highest value 10-2025: < 0.1%● unchanged vs 09-2025highest value 11-2025: < 0.1%● unchanged vs 10-2025highest value 12-2025: < 0.1%● unchanged vs 11-2025highest value 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €13,000 on 30-day terms is acceptable
short-term debt: 0.5% and cash: 91.3% of total assets, and 0.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro): better than 87% on solvency, 97% on liquidity, 59% on profitability and 39% on growth.

The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 173.37, cash €586,251
NBB · annual accounts
lowers risk · Equity €638,483 (99.5% of total assets)
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
raises risk · Size: turnover €139,657, total assets €641,983
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-03-2026, 126 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
126 days early
2024
127 days early
2023
111 days early
2022
111 days early
2021
29 days early
2020
111 days early
2019
111 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 104 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 April (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Annual accounts filedfinancial year 2023 · full…

Key points

  • Positive: Among the best 5% on solvencysector median 41.4% · 884 companies 99.5% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • One director decidessole director in office 1 View

By topic

Financials

Financial year
2025
Turnover
€139,657
Profit
€56,875
Solvency
99.5%
Turnover▼ 19.9%
Net result
20182025
Go to Financials

Timeline

Events
30
Since
2003
Next accounts
by 31-07-2027
  1. 31-12-2023Highest result from 2018 to 2025
  2. 31-12-2023Equity above €500,000
  3. 30-08-2023Amendment of the articles · Legal-form change…
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Founded
10-10-2001
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
28
Purpose
“La conception,le développement,la fabrication,le montage,l’automation et la…” (deed in French)
Go to Articles of association

Key facts about MICHEL ENGINEERING

What is the company number of MICHEL ENGINEERING?
0475.820.830. In Belgium the VAT number is the company number with BE in front: BE 0475.820.830.
Where is MICHEL ENGINEERING based?
The registered office is at Rue Pireux 14, 4624 Fléron.Company details
What does MICHEL ENGINEERING do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of MICHEL ENGINEERING?
Private limited company (BV).
When was MICHEL ENGINEERING founded?
On 10-10-2001.
Is MICHEL ENGINEERING still active?
Yes, MICHEL ENGINEERING is an active enterprise in the KBO register.
What is the turnover of MICHEL ENGINEERING?
€139,657 in financial year 2025, according to the filed annual accounts.Financials
Is MICHEL ENGINEERING profitable?
In financial year 2025, MICHEL ENGINEERING made a profit of €56,875.
Where can I find the annual accounts of MICHEL ENGINEERING?
MICHEL ENGINEERING filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MICHEL ENGINEERING due?
By 31-07-2027, for financial year 2026.Timeline

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