MICHIEL

Active

Public-utility foundationfounded 20169 yrs activeMarkt 19, 2290 Vorselaar, BelgiumKBO/BCE: BE 0667.918.343

Summary

For the legal form of MICHIEL, Checked does not compute a bankruptcy probability. The 2025 annual accounts show equity of €79.2m and a net result of €387,612. Equity remains stable across the filed fiscal years (±1.5% per year). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

MICHIELActiveChecked score 57/100

Risk analysis Report Compare

Activity

Activity not known

Size

€79.4mtotal assets 2025

Equity: €79.2m
Profit: €387,612

Turnover not published (abridged schema)

Financial health

57 Fair Checked score 2025

Probability: legal form outside the model

Structure

Accounts 156 d early1 of 9 deeds read

Why 57Latest accounts filed on timeShow the evidence

Checked score

Score 2025

57 / 100

Fair▼ -4 vs 2024

Without a bankruptcy probability: score from the figures alone

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Average

Solvency 100=

equity 99.8% of total assets

Liquidity 51=

short-term debt 0.1% · cash 0.9%

Profitability 19-14

return on assets 0.5%

Bankruptcy probability, 12 months

For this legal form (e.g. co-owners' association, public body or foreign branch) we don't show a bankruptcy probability: some of these forms legally cannot go bankrupt and no reliable figure is possible here.

Credit up to €4,500,000 at 30 days acceptable

short-term debt: 0.1% and cash: 0.9% of total assets, and 0.2% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

1 signal. The signal on the left, the evidence on the right.

○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 25-02-2026, 156 days ahead of the deadline.

NBB · 9 filings

Deviation from the deadline

2025

156 d early

2024

35 d early

2023

56 d early

2022

68 d early

2021

39 d early

2020

61 d early

2019

43 d early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 65 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)

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. Usually files around 6 June (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

03-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

26-05-26 Purpose · Statutes amendment · Legal-form…Purpose change · Legal-form conversion…
25-02-26 Annual accounts filedfiscal year 2025 · abbreviated…
31-12-25 Back to profitnet €387,612

Key points

Positive: Back in profit in 2025after -€1.3m in 2024 €387,612 View
Positive: Always filed on timeaccounts within the deadline every year 8 years View
Total assets 20256 fiscal years filed €79.4m View