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MICOD

Active
Private limited company (pre-2019)founded 1989active for 37 yearsRue Hamoir(L.L) 59, 7100 La Louvière, BelgiumKBO/BCE: BE 0436.986.285
Summary

MICOD has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74,967 and a net result of €23,987. Equity has been shrinking by about 3.8% per year since 2018. Its solvency ranks better than 82% of 11,771 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 10-03-1989 Normal situation
Activity
Engineering and related technical consultancy, excluding land surveyors NACE 71121
Establishment unit
2.042.685.287 7100 La Louvière, since 28-03-1989
Financial year end
31 December
Peppol
Reachable since 23-10-2025

Board and ownership

Board
  • MRZYGLOD IRENEUSZDirector
  • OGONOWSKI DOMINIQUEDirector

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€37,955
▲ 431%
Turnover
≈ €110,000
estimated
Profit
€23,987
Equity
€74,967
▲ 47.1%
Total assets
€90,579
▼ 26.8%
Filed on 16-07-2026, 15 days before the deadline
Score breakdownlowers riskLiquidity: current ratio 4.47, cash €47,273Equity €74,967 (82.8% of total assets)Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)Figures for financial year 2025 (filed on 16-07-2026)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 86% of micro companies in architecture and engineering (NACE 71)
Financial strength · tick: 2024
Strong
Solvency 100+34
equity 82.8% of total assets
Liquidity 95+23
short-term debt 17.2% · cash 52.2%
Profitability 100+40
return on assets 26.5%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (14,825 companies, NACE 71, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.47 (1.34 in 2024), above the usual 1.5. Short-term debt is 17.2% and cash 52.2% of total assets. 17.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 87% of them on solvency, 89% on liquidity, 88% on profitability and 81% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 4.47, cash €47,273
NBB · annual accounts
lowers risk · Equity €74,967 (82.8% of total assets)
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Figures for financial year 2025 (filed on 16-07-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €74,967
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
15 days early
2024
9 days early
2023
8 days early
2022
28 days late
2021
17 days early
2020
17 days late
2019
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 8 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 8th oldest company in La Louvière, Professional and technical services sectorin the Checked rankings No. 8 View

Recent changes

  1. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as MICOD: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €105,000 and €120,000, founded between 1979 and 1997.

CompanyTotal assetsGross margin
MICOD La Louvière€90,579€37,955
ADVITEC Lievegem€115,983€35,823
B.E. POLIART Lens (Hainaut)€119,830€35,678
C. QUENON Dour€115,068€37,084
BUREAU TECHNIQUE ET COMMERCIAL Charleroi€114,510€29,307
CODIVES Wavre€105,326€47,173
LE BUREAU D'EXPERTISES CLAUDE Gesves€117,657€30,737
Full comparison

Key facts about MICOD

What is the company number of MICOD?
The company number of MICOD is 0436.986.285. The VAT number is the same number with BE in front: BE 0436.986.285.
Where is MICOD based?
The registered office is at Rue Hamoir(L.L) 59, 7100 La Louvière.Company details
What does MICOD do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of MICOD?
The legal form of MICOD is Private limited company (pre-2019) (BVBA).
When was MICOD founded?
MICOD was founded on 10-03-1989.
Is MICOD still active?
Yes, MICOD is an active enterprise in the KBO register.
What is the turnover of MICOD?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €37,955 and 32 comparable companies (NACE 71121). It probably lies between €75,000 and €160,000.Financials
Is MICOD profitable?
In financial year 2025, MICOD made a profit of €23,987.
Where can I find the annual accounts of MICOD?
MICOD filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MICOD due?
MICOD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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