Skip to content

MICMAR

Active
Limited partnershipfounded 2006active for 20 yearsHertevoetweg 34, 1982 Zemst, BelgiumKBO/BCE: BE 0879.253.134
Summary

MICMAR has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2017 annual accounts show equity of €202,231 and a net result of -€9,379. Equity is shrinking by about 18% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2020. The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
1 site
Size
€229,178total assets 2017
Equity
€202,231
Loss
-€9,379
Turnover not published (abbreviated format)
Financial health
Bankruptcy probabilitywithin 12 months
0.2%
2017 figures too old to score
Structure
Parent
MAGLI · 99.7%
Accounts 2726 days overdue0 of 4 deeds read
Signalsraises riskFigures for financial year 2017 (filed 01-03-2018)lowers riskLiquidity: current ratio 6.51, cash €108,770, halvedEquity €202,231 (88.2% of total assets)Sector: Real estate activities (NACE 68)neutralNo filing for yearsLatest accounts filed on timeShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2017 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2017 · tick = 2016
Strong
Solvency 100+51
equity 88.2% of total assets
Liquidity 100+39
short-term debt 7.8% · cash 47.5%
Profitability 27-73
return on assets -4.1%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,579 companies, NACE 68, micro)
Last 24 months 11-2024: 0.2%highest value 12-2024: 0.2%● unchanged vs 11-2024highest value 01-2025: 0.2%● unchanged vs 12-2024highest value 02-2025: 0.2%● unchanged vs 01-2025highest value 03-2025: 0.2%● unchanged vs 02-2025highest value 04-2025: 0.2%● unchanged vs 03-2025highest value 05-2025: 0.2%● unchanged vs 04-2025highest value 06-2025: 0.2%● unchanged vs 05-2025highest value 07-2025: 0.2%● unchanged vs 06-2025highest value 08-2025: 0.2%● unchanged vs 07-2025highest value 09-2025: 0.2%● unchanged vs 08-2025highest value 10-2025: 0.2%● unchanged vs 09-2025highest value 11-2025: 0.2%● unchanged vs 10-2025highest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026lowest value 06-2026: 0.2%● unchanged vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value
Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Figures for financial year 2017 (filed 01-03-2018)
NBB · annual accounts
lowers risk · Liquidity: current ratio 6.51, cash €108,770, halved
NBB · annual accounts
lowers risk · Equity €202,231 (88.2% of total assets)
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
neutral · No filing for years
The last filed financial year closed on 30-09-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
30-09-2018 year end30-04-2019 deadline16-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2017 was due by 30-04-2018 and was filed on 26-02-2018, 63 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2017 · abbreviated…
  2. Weakest financial yearnet -€9,379
  3. Liquidity more than 5 timescurrent ratio 6.51

Key points

  • Risk: Accounts not fileddeadline was 30-04-2019 2726 days late View
  • Controlled by MAGLI 99.7% View
  • Caution: From profit to loss in 2017after €433,569 in 2016 -€9,379 View

By topic

Financials

Financial year
2017
Total assets
€229,178
Loss
-€9,379
Solvency
88.2%
Total assets▼ 75.8%
Net result
20132017
Go to Financials

Timeline

Events
16
Since
2007
  1. 27-02-2017Annual accounts filed
  2. 30-09-2016Highest result from 2013 to 2017
  3. 29-02-2016Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Limited partnership
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
09-02-2006
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.