MICHEL PETEIN
ActiveSummary
MICHEL PETEIN has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €19k. Equity is growing by ~23.7% per year across the filed fiscal years. Its solvency ranks better than 62% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+1
Solvency93▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 3.07 against 4.77 in 2024; short-term debt: 32.3% and cash: 55.3% of total assets), and 32.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.7%
Return on assets
31.9%
Age of the figures
9 mo
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 26-02-2026, 155 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
155 d early
2024
65 d early
2023
142 d early
2022
146 d early
2021
49 d early
2020
29 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€19k▲ 16.7%
2024 · €16k
2020: €11k
2021: €10k
2022: €12k
2023: €14k
2024: €16k
2020 → 2025
Working capital
€40k▼ 22.6%
2024 · €51k
2020: €6k
2021: €18k
2022: €30k
2023: €45k
2024: €51k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€38k▲ 43.9%€52k▲ 35.8%€54k▲ 5.1%€40k▼ 25.9%
Operating result€17k-€18k▲ 6.8%€20k▲ 8.7%€26k▲ 28.2%€29k▲ 12.8%
Net result€10k-€12k▲ 10.7%€14k▲ 17.4%€16k▲ 19.4%€19k▲ 16.7%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €59k
Fixed assets
€458 ▼ 84.3%
Current assets
€59k ▼ 9.3%
Equity and liabilities €59k
Equity
€40k ▼ 25.9%
Debt
€19k ▲ 40.5%
Debt's share of the balance-sheet total rises from 20.1% to 32.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€31k▲
2024 · €31k
Cash flow
€21k▼
2024 · €22k
Current ratio
3.07▼
2024 · 4.77
Debt to equity
0.48▲
2024 · 0.25
ROE
47.2%▲
2024 · 30.0%
ROA
31.9%▲
2024 · 23.9%
Interest coverage
226.00▲
2024 · 132.92
Debt ≤ 1 year
€19k▲
2024 · €14k
Income taxes
€10k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€68k€59k▼
Fixed assets21/28€3k€458▼
Tangible fixed assets22/27€3k€458▼
Furniture and vehicles24€3k€458▼
Current assets29/58€65k€59k▼
Amounts receivable within one year40/41€32k€25k▼
Trade receivables40€31k€24k▼
Other amounts receivable41€1k€1k▼
Cash at bank and in hand54/58€32k€33k▲
Deferred charges and accrued income490/1€678€1k▲
Equity and liabilities
Total equity and liabilities10/49€68k€59k▼
Equity10/15€54k€40k▼
Contributions10/11€5k€5k=
Reserves13€49k€35k▼
Distributable reserves133€49k€35k▼
Amounts payable17/49€14k€19k▲
Amounts payable within one year42/48€14k€19k▲
Current portion of amounts payable after more than one year42€2k-
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€9k€6k▼
Taxes450/3€9k€6k▼
Other amounts payable47/48-€12k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€2k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5k-
Other operating charges640/8€518€293▼
Gross operating margin9900€36k€32k▼
Operating profit (loss)9901€26k€29k▲
Financial income75/76B€6€36▲
Recurring financial income75€6€36▲
Financial charges65/66B€232€138▼
Recurring financial charges65€232€138▼
Profit (loss) for the period before taxes9903€25k€29k▲
Income taxes67/77€9k€10k▲
Profit (loss) for the period9904€16k€19k▲
Profit (loss) for the period to be appropriated9905€16k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€19k▼
Profit (loss) brought forward from the previous period14P€14k-
Transfer from equity791/2-€33k
Transfer to equity691/2€16k€19k▲
To other reserves6921€16k€19k▲
Profit to be distributed694/7€14k€33k▲
Return on contributions (dividend)694€14k€33k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €19k ▲16.7%
Operating result €29k, net result €19k, both a record.
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
12-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €10k ▼4.3%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Flobecq · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
André Nouilleplein 47880 FlobecqGround area
1,104 m²
Building footprint
104 m²
Volume, LiDAR
971 m³
Parcel 51019C1341/00D000, Wallonia · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Michel PETEIN
since 20192.292.785.139
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51019C1341/00D000 | Wallonia | 1,104 m² | 1 · 104 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 36,733 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-08-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
74999Other professional, scientific and technical activities
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:michel.petein@gmail.com
Phone:0496559588