Equity
€212,960 ▼ 48.9%
Microcyc paid out €301,911 in dividends. That is 309% of the 2025 profit.
Microcyc
Lifetime
17 annual accounts with figures on one time axis, 20 filings since 2006peak €832,970 (2025)
€832,970▲ 4.2%
lowest -€35,784 (2016)
€97,790▼ 37.4%
peak €417,081 (2024)
€212,960▼ 48.9%
€683,770▲ 14.3%
peak 8.5 FTE (2025)
8.5 FTE▲ 23.2%
Board4 names since 2023
2 directorsYNOR GROUP and 1 other
Owners
100%YNOR GROUP
Documentsfilings and deeds
21-04-20269 days before the deadline
2025financial year
Result from €156,173 to €97,790Staff from 6.9 FTE to 8.5 FTE2 directors appointed, 2 resignations 05-08Dividend €301,911Equity from €417,081 to €212,960Cash from €240,739 to €83,149
Key points
from the 2025 annual accountsTurnover
≈ €5.6m estimated
The accounts state no turnover.
Debts
€683,770 76% of the balance sheet
Financial debts 32%Suppliers 8%Taxes and wages 13%Other 48%
€249,695 of the debts are secured on the company's own assets. In 2022 that was €284,526.
Staff
8 employees on 30-09-2025
In 2025, 4 people joined and 5 left.
Liquidity
0.47 was 1.24 in 2024
Short-term debts rose from €284,346 to €498,241.
Filings
20 annual accounts since 2006
The last five annual accounts were filed 9 to 30 days before the end of the period.
Checked score
69
Healthy
Financially stronger than 39% of micro companies in retail trade (NACE 47)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,275 companies (NACE 47, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.6%▲ +0.1 percentage points vs 12-2024
02-2025: 0.5%▼ -0.1 percentage points vs 01-2025
03-2025: 0.6%▲ +0.1 percentage points vs 02-2025
04-2025: 0.8%▲ +0.2 percentage points vs 03-2025highest value
05-2025: 0.2%▼ -0.6 percentage points vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026lowest value
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.6%▲ +0.4 percentage points vs 04-2026
06-2026: 0.6%● unchanged vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.6%● unchanged vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Size: 8.5 FTE, total assets €896,730
Sector: Retail trade (NACE 47)
lowers risk
Founded in 2005
Profit of €97,790 (financial year 2025)
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 47, micro). It does better than 39% of them on solvency, 30% on liquidity, 75% on profitability and 11% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,818 companies had the same profile as Microcyc has now. Each dot stands for 10 companies, two years later.
95.1%
were still trading
3.7%
stopped another way
1.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Microcyc itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,447 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 3,818 companies, not a prediction for Microcyc. 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 of up to €14,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.47 (1.24 in 2024), below 1. Short-term debt is 55.6% and cash 9.3% of total assets. 76.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 21-04-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 days early
2024
16 days early
2023
26 days early
2022
24 days early
2021
30 days early
2020
2 days early
2019
on the day
← 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 15 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 6 April (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end09-11-2026 today30-04-2027 deadline
Board and ownership
- YNOR GROUP 100%score 81equity €5,000 (2025) · 2025 annual accounts of YNOR GROUP
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0874557641
2 directors appointed, 2 resignations
Resignations: Yves CORNET and Sergio SABA · Appointments: YNOVI SRL and YNOR GROUP SRL · Permanent representatives: Sergio SABA and Jonathann NAVEAUX · General meeting of 14-07-2025 · Gazette deed
New establishment in Namur
Avenue des Dessus de Lives 2
Changes of role: Yves CORNET (director) and Sergio SABA (director)
General meeting of 28-11-2023 · Gazette deed
Comparable companies
same main activity, similar in size and ageThese companies have the same main activity as Microcyc: retail sale of information and communication equipment (NACE 47400). They are comparable in size and age: total assets between €670,000 and €1.5m, founded between 2004 and 2007.
Official details
Source: KBO- Status
- Active since 20-06-2005Normal situation
- Activity
- Retail sale of information and communication equipmentNACE 47400and 2 others
- Establishment units
- 2.147.645.8216043 Charleroi, since 28-06-2005
- 2.360.309.3145101 Namur, since 01-06-2024
- Financial year end
- 30 September
- Peppol
- Reachable since 13-11-2025
Annual accounts to 30-09-2025
- €896,730▼ 11.7%
- Employeeson 30-09-2025
- 8=
- Filing
- Filed on 21-04-2026, 9 days before the end of the filing period
Insights on Microcyc
Microcyc has existed since 2005. The gross margin grew from €158,917 in 2009 to €832,970 in 2025 and staff from 3.1 to 8.5 full-time equivalents.
The gross margin has grown every year since 2021. Solvency fell in 2025 from 41.1% to 23.7% because of the dividend.
YNOR GROUP holds all the shares.
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 Microcyc
- What is the company number of Microcyc?
- The company number of Microcyc is 0874.557.641. The VAT number is the same number with BE in front: BE 0874.557.641.
- Where is Microcyc based?
- The registered office is at Rue René Delhaize 136, 6043 Charleroi.Company details
- What does Microcyc do?
- According to the KBO register, the main activity is retail sale of information and communication equipment (NACE 47400).
- What is the legal form of Microcyc?
- Microcyc is a private limited company (BV).
- When was Microcyc founded?
- Microcyc was founded on 20-06-2005.
- Is Microcyc still active?
- Yes, Microcyc is an active enterprise in the KBO register.
- How many employees does Microcyc have?
- Microcyc had an average of 8.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Microcyc?
- The turnover in financial year 2025 is ≈ €5.6m. This figure is estimated from the gross margin of €832,970 and 214 comparable companies (NACE 47). It probably lies between €3.0m and €8.8m.
- Is Microcyc profitable?
- In financial year 2025, Microcyc made a profit of €97,790.
- Where can I find the annual accounts of Microcyc?
- Microcyc filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Microcyc due?
- Microcyc must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
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