MiCoBel
ActiveSummary
MiCoBel has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-65k) and a net result of €-45k. Equity is shrinking by ~32.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 3941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
36
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.44 against 2.27 in 2023; short-term debt: 121.9% and cash: 42.3% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
-199.2%
Return on assets
-138.2%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year €-65k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-05-2025, 77 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
77 d early
2023
47 d early
2022
46 d early
2021
38 d early
2020
54 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-65k▼ 227%
2023 · €-20k
2020: €9k
2021: €-35k
2022: €-42k
2023: €-20k
2020 → 2024
Total assets
€33k▼ 42.5%
2023 · €57k
2020: €73k
2021: €40k
2022: €45k
2023: €57k
2020 → 2024
Net result
€-45k
2023 · €22k
2020: €7k
2021: €-44k
2022: €-7k
2023: €22k
2020 → 2024
Working capital
€-23k
2023 · €20k
2020: €-36k
2021: €-61k
2022: €-4k
2023: €20k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€9k-€-35k€-42k▼ 20.4%€-20k▲ 51.8%€-65k▼ 227%
Operating result€9k-€-38k€-5k▲ 86.6%€23k€-44k
Net result€7k-€-44k€-7k▲ 83.8%€22k€-45k
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 €44k after €23k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €33k
Fixed assets
€15k ▼ 29.7%
Current assets
€17k ▼ 50.4%
Key figures and ratios
EBITDA
€-37k▼
2023 · €31k
Cash flow
€-39k▼
2023 · €30k
Solvency
-199.2%▼
2023 · -35.1%
Current ratio
0.44▼
2023 · 2.27
Quick ratio
0.42▼
2023 · 2.06
Debt to equity
-1.50▲
2023 · -3.85
ROA
-138.2%▼
2023 · 37.7%
Interest coverage
-25.56▼
2023 · 17.43
Debt
€98k▲
2023 · €77k
Debt ≤ 1 year
€40k▲
2023 · €15k
Debt > 1 year
€58k▼
2023 · €62k
Staff costs
€5k▼
2023 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€57k€33k▼
Fixed assets21/28€22k€15k▼
Tangible fixed assets22/27€22k€15k▼
Plant, machinery and equipment23€1k€613▼
Furniture and vehicles24€0-
Other tangible fixed assets26€21k€15k▼
Assets under construction and advance payments27€0-
Current assets29/58€35k€17k▼
Stocks and contracts in progress3€3k€459▼
Stocks30/36€3k€459▼
Amounts receivable within one year40/41€4k€3k▼
Trade receivables40€2k€2k▼
Other amounts receivable41€1k€785▼
Cash at bank and in hand54/58€28k€14k▼
Deferred charges and accrued income490/1€144€26▼
Equity and liabilities
Total equity and liabilities10/49€57k€33k▼
Equity10/15€-20k€-65k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-22k€-67k▼
Amounts payable17/49€77k€98k▲
Amounts payable after more than one year17€62k€58k▼
Financial debts170/4€17k€13k▼
Other amounts payable178/9€45k€45k=
Amounts payable within one year42/48€15k€40k▲
Current portion of amounts payable after more than one year42€5k€3k▼
Trade debts44€2k€18k▲
Suppliers440/4€2k€18k▲
Taxes, remuneration and social security45€112€0▼
Remuneration and social security454/9€112€0▼
Other amounts payable47/48€8k€19k▲
Accrued charges and deferred income492/3-€63
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€29k€5k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€6k▼
Other operating charges640/8€709€651▼
Gross operating margin9900€61k€-31k▼
Operating profit (loss)9901€23k€-44k▼
Financial income75/76B€16€0▼
Recurring financial income75€16€0▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€22k€-45k▼
Profit (loss) for the period9904€22k€-45k▼
Profit (loss) for the period to be appropriated9905€22k€-45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-67k▼
Profit (loss) brought forward from the previous period14P€-44k€-22k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-45k ▼311%
Net result drops to €-45k, the lowest in the series.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €22k
Net result €22k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 2.27
Current ratio from 0.79 to 2.27; short-term debt falls from €20k to €15k.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Gingelom · 1 establishment unit since 2019
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.
Kasteelstraat 53890 GingelomGround area
1,589 m²
Building footprint
211 m²
Volume, LiDAR
1,160 m³
Parcel 71026C0408/00R000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MiCoBel
since 20192.295.162.530
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71026C0408/00R000 | Flanders | 1,589 m² | 1 · 211 m² | 9.7 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGingelom2.295.162.530
Similar companies · same sector, comparable size
DECAT FRUIT
BE 0893.744.736
Sint-Truiden · Eq €9k
FRUIT TIME SPRL
BE 0830.466.785
Sint-Agatha-Berchem · Eq €8k
KOEN MARTENS FRUIT
BE 0477.727.671
Heers · Eq €10k
DE BIOBOERDERIJ
BE 0634.820.953
Assenede · Eq €12k
AEGIMMO
BE 0875.479.042
Herk-de-Stad · Eq €7k
Of 1,345 companies in sector 01240 we hold annual accounts for 321. 70 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2019
Fiscal year end31-12
Activities, NACEBEL 2025
01240Growing of pome and stone fruits
01630Crop and animal production, hunting and related service activities
33120Repair and maintenance of machinery
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:sebastienmignon@hotmail.com