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MICOWAR

Active Risk: not assessed
Private limited companyfounded 20242 yrs activeChaussée Romaine (War) 189, 4300 Waremme, BelgiumKBO/BCE: BE 1012.685.839
Summary

MICOWAR is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €40,190 and a net result of €190. Its solvency ranks better than 9% of 5587 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked 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.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 02-07-2026, 29 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
29 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

MICOWAR was incorporated on 22 August 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€40,190
Net result
€190
Total assets
€808,580
Solvency
5.0%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €808,580
Fixed assets €755,631
Current assets €52,949
Equity and liabilities €808,580
Equity €40,190
Debt €768,390
Debt finances 95.0% of the balance-sheet total.
Key figures and ratios
2025 value
ROE
0.5%
ROA
0.0%
Debt ≤ 1 year
€67,676
Debt > 1 year
€693,908
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€808,580
Fixed assets21/28€755,631
Financial fixed assets28€755,631
Current assets29/58€52,949
Amounts receivable within one year40/41€18,364
Trade receivables40€18,150
Other amounts receivable41€214
Cash at bank and in hand54/58€34,585
Equity and liabilities
Total equity and liabilities10/49€808,580
Equity10/15€40,190
Contributions10/11€40,000
Capital10€40,000
Issued capital100€40,000
Profit (loss) carried forward14€190
Amounts payable17/49€768,390
Amounts payable after more than one year17€693,908
Financial debts170/4€693,908
Amounts payable within one year42/48€67,676
Current portion of amounts payable after more than one year42€32,092
Trade debts44€33,484
Suppliers440/4€33,484
Taxes, remuneration and social security45€2,100
Taxes450/3€2,100
Accrued charges and deferred income492/3€6,806
Income statement Code2025
Other operating charges640/8€2,895
Gross operating margin9900€10,176
Operating profit (loss)9901€7,280
Financial charges65/66B€7,091
Recurring financial charges65€7,091
Profit (loss) for the period before taxes9903€190
Profit (loss) for the period9904€190
Profit (loss) for the period to be appropriated9905€190
Appropriation of the result
Profit (loss) to be appropriated9906€190

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€2,895
Gross operating margin9900€10,176
Operating profit (loss)9901€7,280
Financial charges65/66B€7,091
Recurring financial charges65€7,091
Profit (loss) for the period before taxes9903€190
Profit (loss) for the period9904€190
Profit (loss) for the period to be appropriated9905€190
Line2025
Assets
Total assets20/58€808,580
Fixed assets21/28€755,631
Financial fixed assets28€755,631
Current assets29/58€52,949
Amounts receivable within one year40/41€18,364
Trade receivables40€18,150
Other amounts receivable41€214
Cash at bank and in hand54/58€34,585
Equity and liabilities
Total equity and liabilities10/49€808,580
Equity10/15€40,190
Contributions10/11€40,000
Capital10€40,000
Issued capital100€40,000
Profit (loss) carried forward14€190
Amounts payable17/49€768,390
Amounts payable after more than one year17€693,908
Financial debts170/4€693,908
Amounts payable within one year42/48€67,676
Current portion of amounts payable after more than one year42€32,092
Trade debts44€33,484
Suppliers440/4€33,484
Taxes, remuneration and social security45€2,100
Taxes450/3€2,100
Accrued charges and deferred income492/3€6,806
Line2025
Profit (loss) for the period9904€190
Operating cash flow (approximation)€190

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
02-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Waremme · 1 establishment unit since 2025
seat establishment approximate The establishment unit on the map
Ground area
3,953 m²
Building footprint
1,915 m²
Volume, LiDAR
8,316 m³
Parcel 64074B0010/00G000, Wallonia · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
MICOWAR
Chaussée Romaine (War) 189, 4300 WaremmeActivities of holding companies
since 20252.365.702.118
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
64074B0010/00G000 Wallonia 3,953 m² 1 · 1,915 m² 7.5 m · 1 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

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of MICOWAR and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 9,720 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
Founded22-08-2024
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:1012685839
Also 9925:BE1012685839
Registered 05-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.