Michiels N.

Active Risk: very low

Limited partnershipfounded 2020active for 6 yearsTolhuisstraat 35, 3130 Begijnendijk, BelgiumKBO/BCE: BE 0741.499.969

Summary

Michiels N. has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2022 annual accounts show equity of €78,475 and a net result of €13,399. Its solvency ranks better than 86% of 14,233 sector peers (NACE 46, financial year 2022). The computed 12-month bankruptcy probability is 0.4% (very low).

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Michiels N.Active

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Activity

Wholesale of fruit and vegetables, excluding potatoes

NACE 46319

1 site

Size

€96,218total assets 2022

Equity: €78,475
Profit: €13,399

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 0.4%

2022 figures too old to score

Structure

Accounts 18 days early0 of 2 deeds read

Signalsraises riskFigures for financial year 2022 (filed 13-07-2023)lowers riskLiquidity: current ratio 5.42, cash €94,892Equity €78,475 (81.6% of total assets)Legal form: limited partnershipneutralLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2022 are too old to assess current financial health.

Financial strength, FY 2022

Strong

Solvency 100

equity 81.6% of total assets

Liquidity 95

short-term debt 18.4% · cash 98.6%

Profitability 72

return on assets 13.9%

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,875 companies, NACE 46, micro)

Last 24 months 11-2024: 0.7% 12-2024: 0.9%▲ +0.2 percentage points vs 11-2024 01-2025: 1.3%▲ +0.4 percentage points vs 12-2024 02-2025: 1.2%▼ -0.1 percentage points vs 01-2025 03-2025: 1.4%▲ +0.2 percentage points vs 02-2025highest value 04-2025: 1.3%▼ -0.1 percentage points vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.2%▼ -0.1 percentage points vs 05-2025 07-2025: 1.2%● unchanged vs 06-2025 08-2025: 1.2%● unchanged vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 0.4%▼ -0.8 percentage points vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value

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Signals

Five signals.

lowers riskraises riskneutral

Figures for financial year 2022 (filed 13-07-2023)

NBB · annual accounts

Liquidity: current ratio 5.42, cash €94,892

NBB · annual accounts

Equity €78,475 (81.6% of total assets)

NBB · annual accounts

Legal form: limited partnership

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 13-07-2023, 18 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2022

18 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its 2022 accounts 18 days before the deadline; the sector median (NACE 46) for financial year 2022 is 3 days before the deadline, and 42% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

13-07-2023 Annual accounts filedfinancial year 2022 · micro…
21-10-2022 General meeting · Amendment of the…Capital · Corporate purpose

Key points

Positive: Among the best 14% on solvencysector median 37.6% · 14,233 companies 81.6% View
Active since 2020founded 14-01-2020 6 years View
Total assets 2022first financial year filed €96,218 View