Michiel Willems Elektro
The computed 12-month bankruptcy probability of Michiel Willems Elektro is 2.7% (moderate). The 2024 annual accounts show equity of €67k and a net result of €51k. Its solvency ranks better than 86% of 11120 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €67k |
| Net result | €51k |
| Better than sector | 86% |
| Active | 3 yrs |
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 73.5% | 40.9% | |
| Net result | €51k | €11k | |
| Equity | €67k | €34k | |
| Gross operating margin | €81k | €35k | |
| Total assets | €91k | €94k |
Show 8 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €79k |
| Net profit | €51k |
| Cash flow | €60k |
| Staff costs | - |
| Income taxes | €19k |
| Dividends | - |
| Total assets | €91k |
| Equity | €67k |
| Debt | €24k |
| of which ≤ 1y | €24k |
| of which > 1y | - |
| Working capital | €52k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 3.17 |
| Quick ratio | 3.17 |
| Working capital ratio | 57.4% |
| Solvency | 73.5% |
| Debt / equity | 0.36 |
| Long-term debt ratio | - |
| Interest coverage | 688.70 |
| Gross margin | - |
| Net margin | - |
| ROA | 56.1% |
| ROE | 76.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €91k |
| Fixed assets | 21/28 | €15k |
| Tangible fixed assets | 22/27 | €15k |
| Current assets | 29/58 | €77k |
| Amounts receivable within one year | 40/41 | €25k |
| Cash & bank | 54/58 | €50k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €91k |
| Equity | 10/15 | €67k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €65k |
| Amounts payable | 17/49 | €24k |
| Amounts payable within one year | 42/48 | €24k |
| Trade debts payable within one year | 44 | €11k |
| Income statement | ||
| Gross operating margin | 9900 | €81k |
| Operating result | 9901 | €70k |
| Financial income | 75 | €282 |
| Financial charges | 65 | €115 |
| Result before taxes | 9903 | €71k |
| Income taxes | 67/77 | €19k |
| Net result for the period | 9904 | €51k |
| Result to be appropriated | 9905 | €51k |
| NACE primary | Algemene elektrotechnische installatiewerken(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 05-07-2023 |
| Status | Active |
| Postal code | 2460 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13038B0640/00F002 | Flanders | 803 m² | 1 · 164 m² | 0.1 m |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
22-09-2025 Articles of association amended, translation of the articles and coordination of the articles
Technical details
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"firm_city": null,
"firm_name": null,
"office_city": "Westerlo",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-09-22",
"filing_date": "2025-09-18",
"act_kind_objet": "STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN), BENAMING"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2025-09-15",
"unanimous": true
},
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"subject_company": {
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"name_full_after": "Michiel Willems Elektro",
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"current_zetel_raw": "Opstal 4 2460 Kasterlee",
"legal_form_before": "B.V."
},
"special_mandates": [
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"holder_name": "Meester Lien VAN CAUWENBERGH",
"scope_categories": [
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],
"with_substitution": true
}
],
"articles_modified": [
{
"summary": "Vervanging van artikel 1 (1) van de statuten met de tekst: \u0027De vennootschap neemt de vorm aan van een besloten vennootschap. Zij verkrijgt de naam Michiel Willems Elektro.\u0027",
"new_text": "De vennootschap neemt de vorm aan van een besloten vennootschap. Zij verkrijgt de naam Michiel Willems Elektro.",
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"org_rep_person_name": null
},
"co_filed_documents": [
"co\u00F6rdineerde statuten"
],
"shareholder_rights": null,
"voorwerp_change_summary": null,
"capital_structure_change": null,
"coordinated_text_lineage": null
}| Legal nameNL | Michiel Willems Elektro |