MICOTEC
ActiveSummary
MICOTEC has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €108k and a net result of €-36k. Equity is shrinking by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 75% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 70.98 in 2024; short-term debt: 19.4% and cash: 15.2% of total assets), and 19.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
80.6%
Return on assets
-27.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-36k
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
12 d late
2023
12 d late
2022
9 d late
2021
37 d early
2020
40 d early
2019
45 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€108k▼ 25.2%
2024 · €144k
2018: €276khighest in 8 years
2019: €226k▼ -17.9% vs 2018
2020: €257k▲ +13.5% vs 2019
2021: €257k▼ -0.2% vs 2020
2022: €242k▼ -5.5% vs 2021
2023: €177k▼ -26.9% vs 2022
2024: €144k▼ -18.6% vs 2023
2025: €108k▼ -25.2% vs 2024lowest in 8 years
2018 → 2025
Total assets
€134k▼ 7.9%
2024 · €145k
2018: €447khighest in 8 years
2019: €407k▼ -9.0% vs 2018
2020: €380k▼ -6.6% vs 2019
2021: €362k▼ -4.8% vs 2020
2022: €381k▲ +5.2% vs 2021
2023: €268k▼ -29.7% vs 2022
2024: €145k▼ -45.8% vs 2023
2025: €134k▼ -7.9% vs 2024lowest in 8 years
2018 → 2025
Net result
€-36k▼ 10.1%
2024 · €-33k
2018: €-2k
2019: €-49k▼ -2224% vs 2018
2020: €31k▲ +162% vs 2019highest in 8 years
2021: €-292▼ -101% vs 2020
2022: €-14k▼ -4772% vs 2021
2023: €-65k▼ -358% vs 2022lowest in 8 years
2024: €-33k▲ +49.3% vs 2023
2025: €-36k▼ -10.1% vs 2024
2018 → 2025
Working capital
€28k▼ 55.9%
2024 · €64k
2018: €171khighest in 8 years
2019: €125k▼ -26.7% vs 2018
2020: €142k▲ +13.6% vs 2019
2021: €137k▼ -3.8% vs 2020
2022: €133k▼ -2.8% vs 2021
2023: €97k▼ -27.0% vs 2022
2024: €64k▼ -33.6% vs 2023
2025: €28k▼ -55.9% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€257k-€242k▼ 5.5%€177k▼ 26.9%€144k▼ 18.6%€108k▼ 25.2%
2021: €257khighest in 5 years
2022: €242k▼ -5.5% vs 2021
2023: €177k▼ -26.9% vs 2022
2024: €144k▼ -18.6% vs 2023
2025: €108k▼ -25.2% vs 2024lowest in 5 years
Operating result€3k-€-11k€-60k▼ 446%€-33k▲ 45.4%€-36k▼ 9.0%
2021: €3khighest in 5 years
2022: €-11k▼ -471% vs 2021
2023: €-60k▼ -446% vs 2022lowest in 5 years
2024: €-33k▲ +45.4% vs 2023
2025: €-36k▼ -9.0% vs 2024
Net result€-292-€-14k▼ 4,772%€-65k▼ 358%€-33k▲ 49.3%€-36k▼ 10.1%
2021: €-292highest in 5 years
2022: €-14k▼ -4772% vs 2021
2023: €-65k▼ -358% vs 2022lowest in 5 years
2024: €-33k▲ +49.3% vs 2023
2025: €-36k▼ -10.1% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €36k in 2025 against €33k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €134k
Fixed assets
€79k ▼ 0.5%
Current assets
€54k ▼ 16.9%
Equity and liabilities €134k
Equity
€108k ▼ 25.2%
Debt
€26k ▲ 2,710%
Debt's share of the balance-sheet total rises from 0.6% to 19.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-35k▼
2024 · €-32k
Cash flow
€-36k▼
2024 · €-33k
Current ratio
2.10▼
2024 · 70.98
Quick ratio
1.91▼
2024 · 62.36
Debt to equity
0.24▲
2024 · 0.01
ROE
-33.7%▼
2024 · -22.9%
ROA
-27.2%▼
2024 · -22.8%
Interest coverage
-51.18▼
2024 · -22.33
Debt ≤ 1 year
€26k▲
2024 · €921
Income taxes
€210▲
2024 · €-1k
Staff costs
€962▼
2024 · €2k
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 · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€145k€134k▼
Fixed assets21/28€80k€79k▼
Tangible fixed assets22/27€77k€77k▼
Land and buildings22€77k€77k▼
Furniture and vehicles24€159-
Financial fixed assets28€3k€3k=
Current assets29/58€65k€54k▼
Stocks and contracts in progress3€8k€5k▼
Stocks30/36€8k€5k▼
Amounts receivable within one year40/41€33k€29k▼
Trade receivables40€19k€28k▲
Other amounts receivable41€14k€596▼
Current investments50/53€393€393=
Cash at bank and in hand54/58€21k€20k▼
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€145k€134k▼
Equity10/15€144k€108k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€21k€21k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Tax-exempt reserves132€19k€19k=
Profit (loss) carried forward14€105k€69k▼
Amounts payable17/49€921€26k▲
Amounts payable within one year42/48€921€26k▲
Trade debts44€421€1k▲
Suppliers440/4€421€1k▲
Taxes, remuneration and social security45€315€525▲
Taxes450/3€315€525▲
Other amounts payable47/48€185€24k▲
Income statement
Code20242025
Remuneration, social security and pensions62€2k€962▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€467€366▼
Other operating charges640/8€8k€8k▲
Gross operating margin9900€-22k€-26k▼
Operating profit (loss)9901€-33k€-36k▼
Financial income75/76B-€253
Recurring financial income75-€253
Financial charges65/66B€1k€691▼
Recurring financial charges65€1k€691▼
Profit (loss) for the period before taxes9903€-34k€-36k▼
Income taxes67/77€-1k€210▲
Profit (loss) for the period9904€-33k€-36k▼
Profit (loss) for the period to be appropriated9905€-33k€-36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€105k€69k▼
Profit (loss) brought forward from the previous period14P€138k€105k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €151k | €9k | €4k | €2k | €962 | ▼ 40.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €6k | €2k | €467 | €366 | ▼ 21.7% |
| Other operating charges640/8 | €8k | €10k | €9k | €8k | €8k | ▲ 0.4% |
| Non-recurring operating charges66A | - | - | €5k | - | - | - |
| Gross operating margin9900 | €166k | €14k | €-41k | €-22k | €-26k | ▼ 16.4% |
| Operating profit (loss)9901 | €3k | €-11k | €-60k | €-33k | €-36k | ▼ 9.0% |
| Financial income75/76B | €149 | €295 | €280 | - | €253 | - |
| Recurring financial income75 | €149 | €295 | €280 | - | €253 | - |
| Financial charges65/66B | €3k | €2k | €4k | €1k | €691 | ▼ 52.2% |
| Recurring financial charges65 | €3k | €2k | €4k | €1k | €691 | ▼ 52.2% |
| Non-recurring financial charges66B | €40 | - | €60 | - | - | - |
| Profit (loss) for the period before taxes9903 | €-16 | €-13k | €-64k | €-34k | €-36k | ▼ 5.7% |
| Transfer from deferred taxes780 | €187 | - | - | - | - | - |
| Income taxes67/77 | €463 | €2k | €940 | €-1k | €210 | ▲ 118% |
| Profit (loss) for the period9904 | €-292 | €-14k | €-65k | €-33k | €-36k | ▼ 10.1% |
| Profit (loss) for the period to be appropriated9905 | €-292 | €-14k | €-65k | €-33k | €-36k | ▼ 10.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €362k | €381k | €268k | €145k | €134k | ▼ 7.9% |
| Fixed assets21/28 | €120k | €110k | €80k | €80k | €79k | ▼ 0.5% |
| Tangible fixed assets22/27 | €90k | €86k | €78k | €77k | €77k | ▼ 0.5% |
| Land and buildings22 | €78k | €78k | €77k | €77k | €77k | ▼ 0.3% |
| Furniture and vehicles24 | €13k | €8k | €420 | €159 | - | - |
| Financial fixed assets28 | €30k | €23k | €3k | €3k | €3k | = |
| Current assets29/58 | €242k | €271k | €188k | €65k | €54k | ▼ 16.9% |
| Stocks and contracts in progress3 | €28k | €9k | €8k | €8k | €5k | ▼ 38.2% |
| Stocks30/36 | €28k | €9k | €8k | €8k | €5k | ▼ 38.2% |
| Amounts receivable within one year40/41 | €176k | €131k | €93k | €33k | €29k | ▼ 13.6% |
| Trade receivables40 | €166k | €119k | €88k | €19k | €28k | ▲ 44.4% |
| Other amounts receivable41 | €9k | €12k | €6k | €14k | €596 | ▼ 95.7% |
| Current investments50/53 | €681 | €681 | €393 | €393 | €393 | = |
| Cash at bank and in hand54/58 | €32k | €129k | €78k | €21k | €20k | ▼ 3.5% |
| Deferred charges and accrued income490/1 | €5k | €2k | €7k | €3k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €362k | €381k | €268k | €145k | €134k | ▼ 7.9% |
| Equity10/15 | €257k | €242k | €177k | €144k | €108k | ▼ 25.2% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Capital10 | €19k | €19k | €19k | €19k | €19k | = |
| Issued capital100 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €21k | €21k | €21k | €21k | €21k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Legal reserve130 | €2k | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | €19k | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €217k | €203k | €138k | €105k | €69k | ▼ 34.6% |
| Amounts payable17/49 | €105k | €139k | €91k | €921 | €26k | ▲ 2,710% |
| Amounts payable within one year42/48 | €105k | €139k | €91k | €921 | €26k | ▲ 2,710% |
| Trade debts44 | €26k | €53k | €66k | €421 | €1k | ▲ 255% |
| Suppliers440/4 | €26k | €53k | €66k | €421 | €1k | ▲ 255% |
| Taxes, remuneration and social security45 | €20k | €13k | €20k | €315 | €525 | ▲ 66.6% |
| Taxes450/3 | €7k | €770 | €206 | €315 | €525 | ▲ 66.6% |
| Remuneration and social security454/9 | €13k | €12k | €20k | - | - | - |
| Other amounts payable47/48 | €59k | €72k | €4k | €185 | €24k | ▲ 12,792% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-292 | €-14k | €-65k | €-33k | €-36k | ▼ 10.1% |
| + Depreciation and write-downs630 | €4k | €6k | €2k | €467 | €366 | ▼ 21.7% |
| Operating cash flow (approximation) | €3k | €-8k | €-63k | €-33k | €-36k | ▼ 10.6% |
| Investment in fixed assets (approximation) | - | €5k | €27k | €0 | €0 | - |
| Change in cash | - | €96k | €-50k | €-57k | €-728 | ▲ 98.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
State Gazette act
Resignation: Michel HANNICK (statutory director)Appointments: BGIM, SERGE ET JEAN CHRISTIAN and 2 others · Permanent representatives: Bruno BUSCH, Serge CHRISTIAN and Bruno VENANZI · Registered-office move9 facts ▸
State Gazette act
Resignation: Michel HANNICK (statutory director)
Appointments: BGIM, SERGE ET JEAN CHRISTIAN and 2 others · Permanent representatives: Bruno BUSCH, Serge CHRISTIAN and Bruno VENANZI · Registered-office move9 facts ▸
- Director resignation, Michel HANNICK (statutory director)
- Director appointment, BGIM (director)
- Permanent representative, Bruno BUSCH
- Director appointment, SERGE ET JEAN CHRISTIAN (director)
- Permanent representative, Serge CHRISTIAN
- Director appointment, V.I.E (director)
- Permanent representative, Bruno VENANZI
- Director appointment, Iouri VENANZI (director)
- Registered-office move, Rue Bidaut 31 4000 Liège
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
31-12
Financial
Liquidity times 34current ratio 70.98
Current ratio from 2.07 to 70.98; short-term debt falls from €91k to €921.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
31-12
Financial
Weakest financial yearnet €-65k
Net result drops to €-65k, the lowest in the series; recovery starts the following year.
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €31k
Net result €31k after 2 loss-making years.
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 1 act read
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26109494). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
BGIM
CurrentDirector · since 19-08-2026 · Private limited company · perm. rep.: Bruno BUSCH
Iouri VENANZI
CurrentDirector · since 19-08-2026
VLADIMIR & IOURI ENERGIES
CurrentDirector · since 19-08-2026 · Private limited company · perm. rep.: Bruno VENANZI
19-08-2026
BGIM: Appointed as Director
19-08-2026
Iouri VENANZI: Appointed as Director
19-08-2026
VLADIMIR & IOURI ENERGIES: Appointed as Director
19-08-2026
Michel HANNICK: Resigned as Statutory director
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 1998
Ground area
1,760 m²
Building footprint
91 m²
Volume, LiDAR
823 m³
Parcel 62815C0334/00S036, Wallonia · tallest building 9.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MICOTEC
since 19982.089.314.177
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62815C0334/00S036 | Wallonia | 1,760 m² | 1 · 91 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Similar companies · same sector, comparable size
GILIT
BE 0561.959.701
Malle · Eq €107,826
XPF IT Services & Multimedia Productions
BE 0833.868.022
Zonhoven · Eq €107,818
Sam solves IT
BE 1005.558.913
Schilde · Eq €107,865
EXELIXIS
BE 0743.973.073
Anderlecht · Eq €107,866
STVWORKS
BE 0607.943.837
Sint-Lambrechts-Woluwe · Eq €107,782
Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,549 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded16-10-1998
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.