MICMA
ActiveThe computed 12-month bankruptcy probability of MICMA is 1.5% (moderate). The 2024 annual accounts show equity of €36k and a net result of €-14k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 60% of 9982 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency96▼-4
Growth35▼-17
Stability100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.99 against 4.52 in 2023), and 48.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
51.3%
Return on assets
-19.7%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
48 d late
2022
52 d late
2021
24 d late
2020
24 d late
2019
108 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€33k▼ 79.5%
2021 · €161k
2021: €161k
2021 → 2022
EBIT margin
-82.1%▼ 94.2pp
2021 · 12.0%
2021: 12.0%
2021 → 2022
Net result
€-14k
2023 · €15k
2018: €7k
2019: €25k
2020: €1k
2021: €14k
2022: €-27k
2023: €15k
2018 → 2024
Working capital
€34k▼ 44.6%
2023 · €61k
2018: €22k
2019: €49k
2020: €51k
2021: €68k
2022: €45k
2023: €61k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€161k€33k▼ 79.5%
Equity€61k-€76k▲ 23.0%€49k▼ 35.2%€64k▲ 30.2%€36k▼ 43.8%
Operating result€2k-€19k▲ 951%€-27k€19k€-11k
Net result€1k-€14k▲ 979%€-27k€15k€-14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €11k after €19k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €70k
Fixed assets
€2k▼ 24.2%
Current assets
€68k▼ 13.5%
Equity and liabilities €70k
Equity
€36k▼ 43.8%
Debt
€34k▲ 96.0%
The debt ratio rises from 21.4% to 48.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-11k▼
2023 · €20k
Cash flow
€-13k▼
2023 · €16k
Solvency
51.3%▼
2023 · 78.6%
Current ratio
1.99▼
2023 · 4.52
Quick ratio
1.99▼
2023 · 4.52
Debt / equity
0.95▲
2023 · 0.27
ROE
-38.5%▼
2023 · 23.2%
ROA
-19.7%▼
2023 · 18.2%
Interest coverage
-2.78▼
2023 · 5.34
Debt
€34k▲
2023 · €17k
Debt ≤ 1 year
€34k▲
2023 · €17k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€81k€70k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€799€170▼
Plant, machinery and equipment23€107€4▼
Furniture and vehicles24€692€166▼
Financial fixed assets28€2k€2k=
Current assets29/58€78k€68k▼
Amounts receivable within one year40/41€65k€57k▼
Trade receivables40€36k€20k▼
Other amounts receivable41€29k€37k▲
Cash at bank and in hand54/58€12k€11k▼
Deferred charges and accrued income490/1€932€94▼
Equity and liabilities
Total equity and liabilities10/49€81k€70k▼
Equity10/15€64k€36k▼
Contributions10/11€8k€8k=
Reserves13€39k€25k▼
Tax-exempt reserves132€10k€10k=
Distributable reserves133€29k€15k▼
Profit (loss) carried forward14€17k€3k▼
Amounts payable17/49€17k€34k▲
Amounts payable within one year42/48€17k€34k▲
Trade debts44€7k€4k▼
Suppliers440/4€7k€4k▼
Advances received on contracts in progress46€4k-
Taxes, remuneration and social security45€7k€16k▲
Taxes450/3€7k€16k▲
Other amounts payable47/48-€14k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€843€629▼
Other operating charges640/8€4k€328▼
Gross operating margin9900€24k€-10k▼
Operating profit (loss)9901€19k€-11k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€16k€-14k▼
Income taxes67/77€2k-
Profit (loss) for the period9904€15k€-14k▼
Profit (loss) for the period to be appropriated9905€15k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€32k€3k▼
Profit (loss) brought forward from the previous period14P€17k€17k=
Transfer from equity791/2-€14k
Transfer to equity691/2€15k-
To other reserves6921€15k-
Profit to be distributed694/7-€14k
Return on contributions (dividend)694-€14k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 48 days late
2023
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
21-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 52 days late
2022
31-12
Financial
Weakest financial yearnet €-27k ▼288%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 108 days late
2019
31-12
Financial
Highest result since 2018net €25k ▲231%
Operating result €32k, net result €25k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 4.27
Current ratio from 2.10 to 4.27; short-term debt falls from €20k to €15k.
18-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 49 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Charleroi · 1 establishment unit since 2017
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.
Chaussée de Bruxelles 756040 CharleroiGround area
453 m²
Building footprint
82 m²
Volume, LiDAR
417 m³
Parcel 52363D0510/00Y002, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MICMA
since 20172.280.127.134
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52363D0510/00Y002 | Wallonia | 453 m² | 1 · 82 m² | 8.4 m · 2 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.
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Of 29,535 companies in sector 41001 we hold annual accounts for 15,872. 12,554 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-02-2017
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0466/050709