Michels Marleen
ActiveMichels Marleen has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29k and a net result of €9k. Equity is growing by ~31.6% per year across the filed fiscal years. Its solvency ranks better than 38% of 16527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-13
Solvency73▲+5
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.39 in 2024; short-term debt: 51.9% and cash: 40% of total assets), but 52% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 86
Relative position
BE, all sectors
reference
Sector 86
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
48%
Return on assets
14.4%
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 19-05-2026, 73 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
73 d early
2024
76 d early
2023
119 d early
2022
49 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€29k▲ 42.9%
2024 · €20k
2022: €16k
2023: €3k
2024: €20k
2022 → 2025
Total assets
€61k▲ 27.7%
2024 · €48k
2022: €42k
2023: €22k
2024: €48k
2022 → 2025
Net result
€9k▼ 50.4%
2024 · €18k
2022: €12k
2023: €-14k
2024: €18k
2022 → 2025
Working capital
€18k▲ 75.2%
2024 · €11k
2022: €16k
2023: €-6k
2024: €11k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€16k-€3k▼ 83.3%€20k▲ 646%€29k▲ 42.9%
Operating result€16k-€-13k€21k€13k▼ 39.9%
Net result€12k-€-14k€18k€9k▼ 50.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 40% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €61k
Fixed assets
€11k▲ 8.8%
Current assets
€50k▲ 32.6%
Equity and liabilities €61k
Equity
€29k▲ 42.9%
Debt
€32k▲ 16.2%
The debt ratio falls from 57.1% to 52.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€15k▼
2024 · €23k
Cash flow
€11k▼
2024 · €19k
Solvency
48.0%▲
2024 · 42.9%
Current ratio
1.58▲
2024 · 1.39
Quick ratio
1.58▲
2024 · 1.39
Debt / equity
1.08▼
2024 · 1.33
ROE
30.0%▼
2024 · 86.6%
ROA
14.4%▼
2024 · 37.1%
Interest coverage
9.38▼
2024 · 12.02
Debt
€32k▲
2024 · €27k
Debt ≤ 1 year
€32k▲
2024 · €27k
Income taxes
€2k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€48k€61k▲
Fixed assets21/28€10k€11k▲
Tangible fixed assets22/27€10k€11k▲
Land and buildings22€6k€8k▲
Furniture and vehicles24€4k€3k▼
Current assets29/58€38k€50k▲
Amounts receivable within one year40/41€18k€26k▲
Trade receivables40€11k€11k▼
Other amounts receivable41€7k€15k▲
Current investments50/53€2k€0▼
Cash at bank and in hand54/58€17k€24k▲
Equity and liabilities
Total equity and liabilities10/49€48k€61k▲
Equity10/15€20k€29k▲
Contributions10/11€4k€4k=
Reserves13€16k€25k▲
Distributable reserves133€16k€25k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€27k€32k▲
Amounts payable within one year42/48€27k€32k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€3k€0▼
Taxes450/3€130€0▼
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€25k€32k▲
Accrued charges and deferred income492/3-€22
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€620€525▼
Gross operating margin9900€23k€15k▼
Operating profit (loss)9901€21k€13k▼
Financial income75/76B€0€86▲
Recurring financial income75€0€86▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€19k€11k▼
Income taxes67/77€2k€2k▲
Profit (loss) for the period9904€18k€9k▼
Profit (loss) for the period to be appropriated9905€18k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€9k▼
Transfer to equity691/2€18k€9k▼
To other reserves6921€18k€9k▼
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (14 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
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
03-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-14k ▼210%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Tielt-Winge · 1 establishment unit since 2022
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.
Boterstraat 183390 Tielt-WingeGround area
1,602 m²
Building footprint
293 m²
Volume, LiDAR
905 m³
2 parcels, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Michels Marleen
since 20222.331.648.287
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72005C0420/00C000 | Flanders | 1,172 m² | 1 · 168 m² | 7.7 m · 2 fl. |
| 24106B0591/00P000 | Flanders | 430 m² | 1 · 124 m² | 7.7 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
IDENTIX
BE 0744.984.843
Sint-Pieters-Woluwe · Eq €29k
PEL CONSULT
BE 0886.449.445
Kampenhout · Eq €29k
Solar Pi
BE 0535.751.883
Brussel · Eq €29k
ABOUT DENTAL CARE
BE 1005.813.388
Brussel · Eq €29k
ProDentaPlus
BE 0770.647.776
Sint-Niklaas · Eq €29k
Of 6,942 companies in sector 86230 we hold annual accounts for 4,291. 2,549 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-04-2022
Fiscal year end31-12
Activities, NACEBEL
86230Dental practice
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.