MICOVER
ActiveSummary
MICOVER is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The latest annual accounts of MICOVER were filed more than 90 days after the deadline. The 2024 annual accounts show equity of €542k and a net result of €20k. Equity is growing by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 70% of 3319 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Filing: Filed more than 90 days late
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Signals
1 signal. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-05-2026, 280 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
280 d late
2023
57 d late
2022
70 d late
2021
78 d late
2020
86 d late
2019
55 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€542k▲ 3.8%
2023 · €522k
Net result
€20k▼ 75.3%
2023 · €81k
Total assets
€757k▲ 9.6%
2023 · €691k
Solvency
71.6%▼ 4.0pp
2023 · 75.5%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€91k▼ 4.7%€104k▲ 14.3%€117k▲ 12.3%€108k▼ 7.9%€18k▼ 83.4%
Net result€68k▼ 6.0%€76k▲ 10.7%€84k▲ 11.0%€81k▼ 3.9%€20k▼ 75.3%
Equity€333k▼ 10.1%€409k▲ 22.6%€441k▲ 7.9%€522k▲ 18.3%€542k▲ 3.8%
Total assets€435k▼ 5.4%€514k▲ 18.0%€594k▲ 15.7%€691k▲ 16.3%€757k▲ 9.6%
Debt€102k▲ 14.2%€105k▲ 2.9%€153k▲ 45.9%€169k▲ 10.8%€215k▲ 27.3%
Working capital€392k▼ 8.5%€384k▼ 2.0%€446k▲ 16.1%€561k▲ 25.7%€609k▲ 8.5%
Solvency76.6%▼ 4.0pp79.6%▲ 3.0pp74.3%▼ 5.3pp75.5%▲ 1.2pp71.6%▼ 4.0pp
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 83% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €757k
Fixed assets
€48k ▼ 24.4%
Current assets
€709k ▲ 13.0%
Equity and liabilities €757k
Equity
€542k ▲ 3.8%
Debt
€215k ▲ 27.3%
Debt's share of the balance-sheet total rises from 24.5% to 28.4%. Equity and debt are higher.
Key figures and ratios
ROE
3.7%▼
2023 · 15.4%
ROA
2.6%▼
2023 · 11.7%
Debt ≤ 1 year
€101k▲
2023 · €67k
Income taxes
€10k▼
2023 · €33k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €450 | €13k | €17k | €17k | €15k | ▼ 7.6% |
| Other operating charges640/8 | - | €348 | €398 | €434 | €387 | ▼ 10.8% |
| Gross operating margin9900 | €92k | €117k | €134k | €125k | €34k | ▼ 73.0% |
| Operating profit (loss)9901 | €91k | €104k | €117k | €108k | €18k | ▼ 83.4% |
| Financial income75/76B | - | - | €389 | €6k | €13k | ▲ 120% |
| Recurring financial income75 | €3k | - | €389 | €6k | €13k | ▲ 120% |
| Financial charges65/66B | - | €124 | €141 | €127 | €146 | ▲ 14.6% |
| Recurring financial charges65 | €135 | €124 | €141 | €127 | €146 | ▲ 14.6% |
| Profit (loss) for the period before taxes9903 | €94k | €104k | €117k | €113k | €30k | ▼ 73.3% |
| Income taxes67/77 | €26k | €29k | €33k | €33k | €10k | ▼ 68.3% |
| Profit (loss) for the period9904 | €68k | €76k | €84k | €81k | €20k | ▼ 75.3% |
| Profit (loss) for the period to be appropriated9905 | €68k | €76k | €84k | €81k | €20k | ▼ 75.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €435k | €514k | €594k | €691k | €757k | ▲ 9.6% |
| Fixed assets21/28 | €450 | €97k | €80k | €63k | €48k | ▼ 24.4% |
| Intangible fixed assets21 | - | €92k | €77k | €63k | €48k | ▼ 23.5% |
| Tangible fixed assets22/27 | €450 | €5k | €3k | €706 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | €5k | €3k | €706 | €0 | ▼ 100% |
| Current assets29/58 | €435k | €417k | €514k | €628k | €709k | ▲ 13.0% |
| Amounts receivable after more than one year29 | - | - | €61k | €140k | €130k | ▼ 7.5% |
| Other amounts receivable291 | - | - | €61k | €140k | €130k | ▼ 7.5% |
| Amounts receivable within one year40/41 | €75k | €92k | €98k | €119k | €236k | ▲ 98.2% |
| Trade receivables40 | - | - | - | €5k | €143k | ▲ 2,880% |
| Other amounts receivable41 | - | €92k | €98k | €114k | €93k | ▼ 18.7% |
| Cash at bank and in hand54/58 | €360k | €325k | €355k | €364k | €339k | ▼ 6.7% |
| Deferred charges and accrued income490/1 | - | - | €479 | €5k | €5k | ▼ 8.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €435k | €514k | €594k | €691k | €757k | ▲ 9.6% |
| Equity10/15 | €333k | €409k | €441k | €522k | €542k | ▲ 3.8% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €321k | €397k | €429k | €510k | €529k | ▲ 3.9% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €395k | €427k | €510k | €529k | ▲ 3.9% |
| Amounts payable17/49 | €102k | €105k | €153k | €169k | €215k | ▲ 27.3% |
| Amounts payable within one year42/48 | €42k | €32k | €68k | €67k | €101k | ▲ 50.5% |
| Trade debts44 | €28k | €17k | €14k | €3k | €52 | ▼ 98.5% |
| Suppliers440/4 | - | €17k | €14k | €3k | €52 | ▼ 98.5% |
| Taxes, remuneration and social security45 | - | €4k | €18k | €47k | €37k | ▼ 22.1% |
| Taxes450/3 | - | €4k | €18k | €47k | €34k | ▼ 28.5% |
| Remuneration and social security454/9 | - | - | - | - | €3k | - |
| Other amounts payable47/48 | - | €11k | €36k | €16k | €64k | ▲ 294% |
| Accrued charges and deferred income492/3 | - | €72k | €85k | €102k | €115k | ▲ 12.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €68k | €76k | €84k | €81k | €20k | ▼ 75.3% |
| + Depreciation and write-downs630 | €450 | €13k | €17k | €17k | €15k | ▼ 7.6% |
| Operating cash flow (approximation) | €69k | €88k | €101k | €97k | €35k | ▼ 63.7% |
| Investment in fixed assets (approximation) | - | €-109k | €0 | €0 | €0 | - |
| Change in cash | - | €-35k | €30k | €8k | €-24k | ▼ 386% |
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
2026
07-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 280 days late
2024
31-12
Financial
Weakest financial yearnet €20k ▼75.3%
Net result drops to €20k, the lowest in the series.
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
31-12
Financial
Equity above €500kEq €522k ▲18.3%
6 profitable years in a row build equity to €522k.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial
Highest result since 2018net €84k ▲11%
Operating result €117k, net result €84k, both a record.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 86 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are 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, Bertem · 1 establishment unit since 2019
Ground area
1,230 m²
Building footprint
268 m²
Volume, LiDAR
742 m³
2 parcels, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Waversebaan 68, 3001 Leuven
since 20192.378.882.735
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24061A0348/00C000 | Flanders | 1,050 m² | 1 · 189 m² | 0.0 m |
| 24434F0282/00M006 | Flanders | 180 m² | 1 · 79 m² | 12.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,673 companies in sector 66220 we hold annual accounts for 3,219. 2,559 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
Founded21-12-2010
Fiscal year end31-12
Activities, NACEBEL 2025
66220Insurance agents and brokers
Scores and ratios are computed by Checked and are not a credit decision.