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Michigan

Active
Private limited companyfounded 2013active for 13 yearsNeerstalse Steenweg 24, 1190 Vorst, BelgiumKBO/BCE: BE 0502.496.721
Summary

Michigan has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €76,378 and a net result of €32,395. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 1,930 sector peers (NACE 59, financial year 2024). The computed 12-month bankruptcy probability is 1.5% (low).

History

On 15 January 2013, Michigan was incorporated.1 Total assets went from €1,210 in 2018 to €2.4m in 2024 and headcount from 1 full-time equivalents in 2019 to 1.4 in 2024.2

  1. 1KBO (Crossroads Bank for Enterprises)
  2. 2National Bank, annual accounts 2018, 2019 and 2024

Acts, filings and financial milestones

2025
29-10
NBB filing Annual accounts filed
financial year 2024 · micro format · 90 days late
2024
31-12
Financial Highest result from 2018 to 2024net €32,395 ▲25%
Operating result €37,304, net result €32,395, both a record.
31-12
Financial Liquidity more than doublescurrent ratio 1.13
Current ratio from 0.43 to 1.13; short-term debt falls from €441,369 to €318,436.
25-10
NBB filing Annual accounts filed
financial year 2023 · micro format · 86 days late
2023
29-06
NBB filing Annual accounts filed
financial year 2022 · micro format
2022
31-12
Financial Weakest financial yearnet €291 ▼95.5%
Net result drops to €291, the lowest in the series; recovery starts the following year.
19-07
NBB filing Annual accounts filed
financial year 2021 · micro format
2021
31-12
Financial Liquidity more than quadruplescurrent ratio 2.83
Current ratio from 0.69 to 2.83.
31-12
Financial Equity above €500,000equity €528,119 ▲233%
A profit in every financial year since 2018 builds equity to €528,119.
22-07
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
31-12
Financial Equity above €150,000equity €158,746 ▲32.7%
A profit in every financial year since 2018 builds equity to €158,746.
24-08
NBB filing Annual accounts filed
financial year 2019 · micro format · 24 days late
Show earlier events
2019
31-12
Financial Equity above €100,000equity €119,600 ▲21,845%
A profit in every financial year since 2018 builds equity to €119,600.
30-07
NBB filing Annual accounts filed
financial year 2018 · micro format
2018
22-09
NBB filing Annual accounts filed
financial year 2017 · micro format · 53 days late
2017
27-07
NBB filing Annual accounts filed
financial year 2016 · micro format
2016
05-10
NBB filing Annual accounts filed
financial year 2015 · full format · 66 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 12 annual accounts filed, the latest 10 are here; all are under Financials.
0 of 3 deeds read
About the unread acts

We know of 3 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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