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MICHIELS ROBBY

Active
Private limited company (pre-2019)founded 2016active for 10 yearsIpsvoordestraat 71, 1880 Kapelle-op-den-Bos, BelgiumKBO/BCE: BE 0649.419.057
Summary

MICHIELS ROBBY has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62,456 and a net result of -€10,731. Equity has been stable since 2019 (±0.8% per year). Its solvency ranks better than 82% of 34,972 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 26-02-2016 Normal situation
Activity
Plumbing work NACE 43221and 1 other
Establishment unit
2.252.278.236 1880 Kapelle-op-den-Bos, since 26-02-2016
Financial year end
30 June
Peppol
Reachable since 05-12-2025

Board and ownership

Board

Financial position

87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 30-06-2025
Gross margin
€9,132
▼ 75.8%
Turnover
≈ €83,000
estimated
Loss
€10,731
Equity
€62,456
▼ 27.0%
Total assets
€81,763
▼ 16.9%
Score breakdownraises riskLoss of €10,731 (financial year 2025)Sector: Specialised construction activities (NACE 43)lowers riskLiquidity: current ratio 3.09, cash €40,842Equity €62,456 (76.4% of total assets)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 52% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 76.4% of total assets
Liquidity 91+6
short-term debt 23.6% · cash 50.0%
Profitability 12-74
return on assets -13.1%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 12-2024: 0.5%highest value 01-2025: 0.1%▼ -0.4 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.2%▲ +0.1 percentage points vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.09 (5.31 in 2024), above the usual 1.5. Short-term debt is 23.6% and cash 50% of total assets. 23.6% 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 43, micro). It does better than 90% of them on solvency, 89% on liquidity, 12% on profitability and 15% on growth.

The bankruptcy probability was computed on 04-11-2026 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 · Liquidity: current ratio 3.09, cash €40,842
NBB · annual accounts
raises risk · Loss of €10,731 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €62,456 (76.4% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 08-12-2025, 54 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
54 days early
2024
46 days early
2023
1 day early
2022
1 day early
2021
41 days early
2020
2 days early
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 21 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 21 December (5 of the last 5 accounts filed within 40 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end05-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 88% of companies in specialised constructionsector median €10,221 · 34,960 companies -€10,731 View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 7 years View

Recent changes

  1. · Gazette deed Change of role: MICHIELS Robby, from manager to director
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as MICHIELS ROBBY: plumbing work (NACE 43221). They are comparable in size and age: total assets between €73,500 and €85,700, founded between 2015 and 2017.

CompanyTotal assetsGross margin
MICHIELS ROBBY Kapelle-op-den-Bos€81,763€9,132
COSERDI SANITHERM Dinant€85,656€8,937
TOM OOMS Brecht€82,194€10,308
De Kozzes Sanitair en Centrale Verwarming Aalst€77,654€7,784
Vermeeren Wim Waregem€77,016€7,280
NDB ENTREPRISE Asse€84,963€13,074
Hendrickx Davy Asse€73,481€13,865
Full comparison

Key facts about MICHIELS ROBBY

What is the company number of MICHIELS ROBBY?
The company number of MICHIELS ROBBY is 0649.419.057. The VAT number is the same number with BE in front: BE 0649.419.057.
Where is MICHIELS ROBBY based?
The registered office is at Ipsvoordestraat 71, 1880 Kapelle-op-den-Bos.Company details
What does MICHIELS ROBBY do?
According to the KBO register, the main activity is plumbing work (NACE 43221).
What is the legal form of MICHIELS ROBBY?
The legal form of MICHIELS ROBBY is Private limited company (pre-2019) (BVBA).
When was MICHIELS ROBBY founded?
MICHIELS ROBBY was founded on 26-02-2016.
Is MICHIELS ROBBY still active?
Yes, MICHIELS ROBBY is an active enterprise in the KBO register.
What is the turnover of MICHIELS ROBBY?
The turnover in financial year 2025 is ≈ €83,000. This figure is estimated from the gross margin of €9,132 and 36 comparable companies (NACE 43221). It probably lies between €62,000 and €170,000. It is a rough estimate.Financials
Is MICHIELS ROBBY profitable?
In financial year 2025, MICHIELS ROBBY made a loss of €10,731.
Where can I find the annual accounts of MICHIELS ROBBY?
MICHIELS ROBBY filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MICHIELS ROBBY due?
MICHIELS ROBBY must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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