Equity
€22,420 from €138,469 in 2019
Equity fell by 84% in 6 years.
MICHLO
Lifetime
10 annual accounts with figures on one time axispeak €129,247 (2025)
€129,247▲ 8.1%
lowest -€4,273 (2018)
€101,960▲ 7.0%
peak €138,469 (2019)
€22,420▲ 9.6%
€109,788▲ 8.1%
Board1 name since 2015
1 director
Documentsfilings and deeds
11-08-202611 days late
2025micro format
Dividend €100,000
Key points
from the 2025 annual accountsDebts
€109,788 83% of the balance sheet
Position in the sector
€101,960
Higher net result than 91% of companies in warehousing and transport support. Sector median €10,834 · 1,189 companies.
2025 accounts filed 11 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as MICHLO has now. Each dot stands for 13 companies, two years later.
95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,053 companies, not a prediction for MICHLO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0643658841
Resignation: (director)
Reappointment: (director) · Legal-form conversion: to private limited company · Director discharge: · General meeting of 13-10-2023 · Gazette deed
First establishment
Distelhof 12, Nijlen
Incorporation
published on 22-12-2015 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| MICHLO Nijlen | €132,208 | €129,247 | 17.0% | - |
| ARTESCAUT Tournai | €324,550 | €148,577 | -34.5% | 1.3 |
| PRO GS SERVICES Brussels | €236,006 | €103,743 | 49.3% | - |
| VAN UYTFANGE Sint-Niklaas | €393,138 | €84,034 | 80.3% | - |
| PROLINE CHARTERING Malle | €163,752 | €64,755 | 67.4% | - |
| V.C. MANAGEMENT Antwerp | €127,723 | €47,942 | 16.1% | - |
| LLINA Antwerp | €330,503 | €103,687 | 39.2% | - |
These companies have the same main activity as MICHLO: warehousing and support activities for transportation (NACE 52241). They are comparable in size and age: total assets between €128,000 and €393,000, founded between 2007 and 2019.
Official details
Source: KBO- Status
- Active since 27-11-2015Normal situation
- Activity
- Warehousing and support activities for transportationNACE 52241and 3 others
- Establishment unit
- 2.249.800.6772560 Nijlen, since 01-01-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 16-09-2025
Insights on MICHLO
MICHLO files the micro format. That format states no turnover. The gross margin rose from €72,767 in 2016 to €129,247 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about MICHLO
- What is the company number of MICHLO?
- The company number of MICHLO is 0643.658.841. The VAT number is the same number with BE in front: BE 0643.658.841.
- Where is MICHLO based?
- The registered office is at Distelhof 12, 2560 Nijlen.Company details
- What does MICHLO do?
- According to the KBO register, the main activity is warehousing and support activities for transportation (NACE 52241).
- What is the legal form of MICHLO?
- MICHLO is a private limited company (BV).
- When was MICHLO founded?
- MICHLO was founded on 27-11-2015.
- Is MICHLO still active?
- Yes, MICHLO is an active enterprise in the KBO register.
- What is the turnover of MICHLO?
- The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €129,247 and 2,203 comparable companies of the same size. It probably lies between €220,000 and €500,000. It is a rough estimate.Financials
- Is MICHLO profitable?
- In financial year 2025, MICHLO made a profit of €101,960.
- Where can I find the annual accounts of MICHLO?
- MICHLO filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MICHLO due?
- MICHLO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.