Summary
Michiels N. has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2022 annual accounts show equity of €78k and a net result of €13k. Its solvency ranks better than 86% of 14641 sector peers (fiscal year 2022). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Axes, FY 2022
Profitability72
Solvency100
Growth-
Track record85
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Solvency
81.6%
Return on assets
13.9%
Age of the figures
45 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · 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 filingDeviation from the deadline
2022
18 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€78k
Total assets
€96k
Net result
€13k
Working capital
€78k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Equity and liabilities €96k
Equity
€78k
Debt
€18k
Debt finances 18.4% of the balance-sheet total.
Key figures and ratios
Current ratio
5.42
Debt to equity
0.23
ROE
17.1%
ROA
13.9%
Debt ≤ 1 year
€18k
Income taxes
€5k
Filed annual accounts As filed with the NBB · 2022 · 30 lines
Balance sheet
Code2022
Assets
Total assets20/58€96k
Current assets29/58€96k
Amounts receivable within one year40/41€1k
Trade receivables40€1k
Other amounts receivable41€322
Cash at bank and in hand54/58€95k
Equity and liabilities
Total equity and liabilities10/49€96k
Equity10/15€78k
Contributions10/11€1k
Profit (loss) carried forward14€77k
Amounts payable17/49€18k
Amounts payable within one year42/48€18k
Trade debts44€8k
Suppliers440/4€8k
Taxes, remuneration and social security45€10k
Taxes450/3€7k
Remuneration and social security454/9€3k
Income statement
Code2022
Other operating charges640/8€1k
Gross operating margin9900€20k
Operating profit (loss)9901€19k
Financial income75/76B€11
Recurring financial income75€11
Financial charges65/66B€562
Recurring financial charges65€562
Profit (loss) for the period before taxes9903€19k
Income taxes67/77€5k
Profit (loss) for the period9904€13k
Profit (loss) for the period to be appropriated9905€13k
Appropriation of the result
Profit (loss) to be appropriated9906€77k
Profit (loss) brought forward from the previous period14P€64k
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-10
State Gazette act
General meeting · Statutes amendment
Capital · Corporate purpose
State Gazette actNBB filing
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Begijnendijk · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Tolhuisstraat 353130 BegijnendijkGround area
2,970 m²
Building footprint
165 m²
Volume, LiDAR
1,859 m³
Parcel 24010C0239/00C000, Flanders · tallest building 18.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Tolhuisstraat 35, 3130 Begijnendijk
since 20202.297.763.912
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24010C0239/00C000 | Flanders | 2,970 m² | 1 · 165 m² | 18.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Genson Quality Plants Belgium
BE 0763.839.168
Turnhout · Eq €78,611
M&B FOOD
BE 0895.396.805
Liège · Eq €77,470
LES SÉCRETS DU JARDIN
BE 0749.756.154
Dilsen-Stokkem · Eq €79,569
GROENTEN & FRUIT PETER
BE 0478.496.248
Maaseik · Eq €77,371
Ferme de Willeries
BE 0444.944.839
Tournai · Eq €80,209
Of 956 companies in sector 46319 we hold annual accounts for 609. 360 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formLimited partnership
Founded14-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
46319Wholesale of fruit and vegetables, excluding potatoes
47210Retail sale of fruit and vegetables
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.