Financials
- Fiscal year
- 2023
- Total assets
- €30,766
- Profit
- €6,086
- Solvency
- -83.4%
Total assets▼ 11.4%
Net result
20192023
MICHELET
ActiveSummary
The computed 12-month bankruptcy probability of MICHELET is 4.3% (elevated). For MICHELET, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€25,658) and a net result of €6,086. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 5% of 33,653 sector peers (NACE 43, fiscal year 2023). The company has been active since 2004 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Overview
Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
€30,766total assets 2023
- Equity
- -€25,658
- Profit
- €6,086
Financial health
- Bankruptcy probabilitywithin 12 months
- 4.3%
2023 figures too old to score
Structure
Accounts 615 days overdue0 of 5 deeds read
Signals- Figures for FY 2023 (filed 02-02-2024)- 2 financial years not filed after the legal deadline; latest accounts 1 days late- Two or more financial years not filed- Administrative warnings in the KBO publications+ Liquidity: current ratio 0.54, cash €14,584+ Founded in 2004Latest accounts filed on timeShow the evidence
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Average
Solvency
0=
equity -83.4% of total assets
Liquidity
50+2
short-term debt 183.4% · cash 47.4%
Profitability
87+73
return on assets 19.8%
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%lowest value
12-2024: 0.4%● unchanged vs 11-2024
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.6%▲ +0.2 percentage points vs 01-2025
03-2025: 0.7%▲ +0.1 percentage points vs 02-2025
04-2025: 0.9%▲ +0.2 percentage points vs 03-2025
05-2025: 1.0%▲ +0.1 percentage points vs 04-2025
06-2025: 1.3%▲ +0.3 percentage points vs 05-2025
07-2025: 2.4%▲ +1.1 percentage points vs 06-2025
08-2025: 2.4%● unchanged vs 07-2025
09-2025: 2.6%▲ +0.2 percentage points vs 08-2025
10-2025: 2.3%▼ -0.3 percentage points vs 09-2025
11-2025: 2.3%● unchanged vs 10-2025
12-2025: 2.3%● unchanged vs 11-2025
01-2026: 2.3%● unchanged vs 12-2025
02-2026: 3.4%▲ +1.1 percentage points vs 01-2026
03-2026: 4.3%▲ +0.9 percentage points vs 02-2026highest value
04-2026: 4.3%● unchanged vs 03-2026highest value
05-2026: 4.3%● unchanged vs 04-2026highest value
06-2026: 4.3%● unchanged vs 05-2026highest value
07-2026: 4.3%● unchanged vs 06-2026highest value
08-2026: 4.3%● unchanged vs 07-2026highest value
09-2026: 4.3%● unchanged vs 08-2026highest value
10-2026: 4.3%● unchanged vs 09-2026highest value
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Signals
Seven signals.
−lowers risk+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2024 close31-01-2025 deadline08-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 31-01-2024, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
on the day
2022
on the day
2021
19 days early
2020
26 days late
2019
20 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawal
- Annual accounts filedfiscal year 2023 · micro…
- Back to profitnet €6,086
- Annual accounts filedfiscal year 2022 · micro…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2010
- 12-01-2022Annual accounts filed
- 30-06-2021Back to profit
- 26-02-2021Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Installation of electric heating, air conditioning, cooling and…NACE 43222
- Founded
- 08-11-2004
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
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