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MICHIELS BORINGEN

Active
Private limited company (pre-2019)founded 200719 yrs activeKatteveldstraat 23, 3730 Bilzen-Hoeselt, BelgiumKBO/BCE: BE 0889.912.147
Summary

MICHIELS BORINGEN has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €457,347 and a net result of €64,964. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 36% of 8593 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisWatch ReportCompare
MICHIELS BORINGENActiveChecked score 70/100
Risk analysis ReportCompare

Overview

What they do
Specialised construction activities
NACE 43130NACE 45120
1 site
How big
€1.4mtotal assets 2025
Staff
2.2 FTE
Equity
€457,347
Profit
€64,964
Turnover not published (abridged schema)
Financially healthy?
70 Healthy Checked score 2025
Bankruptcy chance 12 m
0.7%
Who decides
Parent
COSEMANS BV · 100%
Accounts 1 d early0 of 4 deeds read
Why 70- Higher-failure-rate sector+ Long track record+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence

Checked score

Score 2025
70 / 100
Healthy
Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-6
Solvency58▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 3.17 against 2.28 in 2024; short-term debt: 15.2% and cash: 12% of total assets), but 67.3% 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

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 19 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
32.7%
Return on assets
4.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
2 d early
2021
5 d early
2020
on the day
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 29 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close02-10-2026 today30-04-2027 deadline
neutral · 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
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Highest result since 2019net €147,940 ▲95%

Key points

  • Caution: Result fell in 2025from €147,940 to €64,964 ▼ 56.1% View
  • Controlled by COSEMANS BV 100% View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View
  • Positive: 7 profitable years in a rowprofit 2025: €64,964 7 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.4m
Profit
€64,964
Solvency
32.7%
Total assets▼ 10.2%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 30-04-2027
  1. 29-04-2026Annual accounts filed
  2. 30-04-2025Annual accounts filed
  3. 30-09-2024Highest result since 2019
Go to Timeline

Support & recognitions

Funding sources
1
Recognitions
1 register
Flemish government
€6,721awarded · 2022 - 2025
Registered contractor
3categories
Go to Support & recognitions

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Specialised construction activitiesNACE 43130
Founded
06-06-2007
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

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