MICRO SOLUTION
ActiveSummary
MICRO SOLUTION has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €41k and a net result of €-4k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 19% of 9038 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability67▲+57
Solvency40▼-60
Growth58▲+6
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.43; short-term debt: 20.2% and cash: 0.2% of total assets), but 84.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
15.1%
Return on assets
-1.4%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-4k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 9038 sector peers (2024).
NBB · sector comparisonPosition among 9038 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
27 d early
2022
55 d early
2021
25 d late
2020
27 d late
2019
32 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€41k▼ 8.7%
2023 · €45k
2018: €43k
2019: €37k
2020: €42k
2021: €45k
2022: €50k
2023: €45k
2018 → 2024
Total assets
€270k▲ 503%
2023 · €45k
2018: €53k
2019: €49k
2020: €58k
2021: €63k
2022: €50k
2023: €45k
2018 → 2024
Net result
€-4k▲ 20.4%
2023 · €-5k
2018: €-5k
2019: €-6k
2020: €5k
2021: €2k
2022: €5k
2023: €-5k
2018 → 2024
Working capital
€78k▲ 56.9%
2022 · €50k
2018: €42k
2019: €37k
2020: €42k
2021: €45k
2022: €50k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€42k-€45k▲ 5.6%€50k▲ 11.0%€45k▼ 9.8%€41k▼ 8.7%
Operating result€5k-€3k▼ 50.7%€6k▲ 116%€-4k€-3k▲ 40.2%
Net result€5k-€2k▼ 52.8%€5k▲ 109%€-5k€-4k▲ 20.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2024 against €4k in 2023; the loss shrinks.
Balance-sheet composition
Assets €270k
Fixed assets
€138k
Current assets
€132k
Equity and liabilities €270k
Equity
€41k
Debt
€229k
Debt finances 84.9% of the balance-sheet total.
Key figures and ratios
EBITDA
€29k
Cash flow
€28k
Current ratio
2.43
Quick ratio
1.97
Debt to equity
5.60
ROE
-9.5%▲
2023 · -10.9%
ROA
-1.4%▲
2023 · -10.9%
Interest coverage
22.87
Debt ≤ 1 year
€54k
Debt > 1 year
€175k
Staff costs
€29k
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 · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€45k€270k▲
Fixed assets21/28-€138k
Tangible fixed assets22/27-€127k
Plant, machinery and equipment23-€127k
Financial fixed assets28-€11k
Current assets29/58€45k€132k▲
Stocks and contracts in progress3€12k€25k▲
Stocks30/36€12k€25k▲
Amounts receivable within one year40/41€25k€107k▲
Trade receivables40€22k€98k▲
Other amounts receivable41€2k€8k▲
Cash at bank and in hand54/58€8k€647▼
Equity and liabilities
Total equity and liabilities10/49€45k€270k▲
Equity10/15€45k€41k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-23k€-27k▼
Amounts payable17/49-€229k
Amounts payable after more than one year17-€175k
Financial debts170/4-€175k
Amounts payable within one year42/48-€54k
Current portion of amounts payable after more than one year42-€19k
Trade debts44-€32k
Suppliers440/4-€32k
Taxes, remuneration and social security45-€3k
Taxes450/3-€221
Remuneration and social security454/9-€3k
Income statement
Code20232024
Remuneration, social security and pensions62-€29k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€32k
Other operating charges640/8€323€4k▲
Non-recurring operating charges66A€208-
Gross operating margin9900€-4k€63k▲
Operating profit (loss)9901€-4k€-3k▲
Financial income75/76B-€72
Recurring financial income75-€72
Financial charges65/66B€395€1k▲
Recurring financial charges65€395€1k▲
Profit (loss) for the period before taxes9903€-5k€-4k▲
Profit (loss) for the period9904€-5k€-4k▲
Profit (loss) for the period to be appropriated9905€-5k€-4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-27k▼
Profit (loss) brought forward from the previous period14P€-19k€-23k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 27current ratio 93.91
Current ratio from 3.44 to 93.91; short-term debt falls from €18k to €534.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 32 days late
2019
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 39 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Lasne · 2 establishment units since 1992
Ground area
1.1 ha
Building footprint
243 m²
Volume, LiDAR
1,134 m³
2 parcels, Flanders, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
MICRO SOLUTION SA
since 19922.058.293.676
MICRO SOLUTION
since 20242.367.173.449
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0056/00N004indicative | Flanders | 7,295 m² | 1 · 56 m² | 4.2 m · 1 fl. |
| 25076D0058/00L002 ProtectedSite or landscape |
Wallonia | 4,203 m² | 1 · 187 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 828 companies in sector 46620 we hold annual accounts for 642. 256 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-06-1992
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
46620Wholesale of machine tools
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:ivan@microsol.be