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Michiel Cremers

Active
Private limited companyfounded 2025active for 1 yearStationsstraat(RAM) 68, 2230 Herselt, BelgiumKBO/BCE: BE 1027.811.802
Summary

Michiel Cremers has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,866 and a net result of €5,499. Its solvency ranks better than 27% of 4,342 sector peers (NACE 74, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 18-09-2025 Normal situation
Activity
Photography, excluding press photography NACE 74201and 4 others
Establishment unit
2.378.794.544 2230 Herselt, since 18-09-2025
Financial year end
31 December
Peppol
Reachable since 29-09-2025

Board and ownership

Board

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€8,047
Turnover
≈ €50,000
estimated
Profit
€5,499
Equity
€5,866
Total assets
€28,922
Filed on 17-07-2026, 14 days before the deadline
Score breakdownraises riskFounded in 2025lowers riskSector: Other professional, scientific and technical activities (NACE 74)Liquidity: current ratio 1.42, cash €13,008Figures for financial year 2025 (filed on 17-07-2026)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 51% of micro companies in other professional activities (NACE 74)
Financial strength
Strong
Solvency 45
equity 20.3% of total assets
Liquidity 74
short-term debt 51.7% · cash 45.0%
Profitability 85
return on assets 19.0%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.2% (5,430 companies, NACE 74, micro)
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.42, below the usual 1.5. Short-term debt is 51.7% and cash 45% of total assets. 79.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 74, micro). It does better than 28% of them on solvency, 65% on liquidity and 60% on profitability.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Sector: Other professional, scientific and technical activities (NACE 74)
KBO
lowers risk · Liquidity: current ratio 1.42, cash €13,008
NBB · annual accounts
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 17-07-2026)
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 17-07-2026, 14 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
14 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Recent changes

  1. · Gazette deed IncorporationStarting capital €1,200 · Appointment: Michiel Cremers (director)
All 2 events

Comparable companies

These companies have the same main activity as Michiel Cremers: photography, excluding press photography (NACE 74201). They are comparable in size and age: total assets between €18,800 and €35,900, founded between 2024 and 2025.

CompanyTotal assetsGross margin
Michiel Cremers Herselt€28,922€8,047
Studio Ninefold Etterbeek€34,112€5,393
Nikita Renaut Photography Pont-à-Celles€20,138€9,817
WELROSE La Bruyère€33,113€7,473
Chess Bonte Sint-Martens-Latem€18,769€12,360
BOBINE Verviers€28,952€9,671
NUH MEDIA Liège€35,936€10,149
Full comparison

Key facts about Michiel Cremers

What is the company number of Michiel Cremers?
The company number of Michiel Cremers is 1027.811.802. The VAT number is the same number with BE in front: BE 1027.811.802.
Where is Michiel Cremers based?
The registered office is at Stationsstraat(RAM) 68, 2230 Herselt.Company details
What does Michiel Cremers do?
According to the KBO register, the main activity is photography, excluding press photography (NACE 74201).
What is the legal form of Michiel Cremers?
The legal form of Michiel Cremers is Private limited company (BV).
When was Michiel Cremers founded?
Michiel Cremers was founded on 18-09-2025.
Is Michiel Cremers still active?
Yes, Michiel Cremers is an active enterprise in the KBO register.
What is the turnover of Michiel Cremers?
The turnover in financial year 2025 is ≈ €50,000. This figure is estimated from the gross margin of €8,047 and 41 comparable companies (NACE 74). It probably lies between €25,000 and €100,000. It is a rough estimate.Financials
Is Michiel Cremers profitable?
In financial year 2025, Michiel Cremers made a profit of €5,499.
Where can I find the annual accounts of Michiel Cremers?
Michiel Cremers filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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