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MICROBST

Active
Private limited company (pre-2019)founded 201016 yrs activeClos de la Ferme l'Agent 1, 1421 Braine-l'Alleud, BelgiumKBO/BCE: BE 0821.918.117
Summary

The computed 12-month bankruptcy probability of MICROBST is 1.5% (moderate). For MICROBST, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €313,311 and a net result of €46,234. Equity is growing by ~16.5% per year across the filed fiscal years. The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability76▲+5
Solvency65▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2023
Solvency, return and age of the figures
Solvency
40.1%
Return on assets
5.9%
Age of the figures
33 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 16 years 0 20 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 14-11-2024, 106 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
106 d late
2022
46 d late
2021
26 d late
2020
61 d late
2019
83 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 64 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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

On 4 January 2010, MICROBST was incorporated.1 Total assets went from EUR 870,705 in 2018 to EUR 782,015 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2023, micro schema

Equity
€313,311▲ 17.3%
2022 · €267,077
Total assets
€782,015▲ 0.4%
2022 · €779,036
Net result
€46,234▲ 27.3%
2022 · €36,313
Working capital
€288,331▲ 9.1%
2022 · €264,172
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
Line20192020202120222023
Operating result€12,923▼ 83.2%€46,968▲ 263%€83,622▲ 78.0%€68,728▼ 17.8%€78,898▲ 14.8%
Net result-€6,737€20,172€45,553▲ 126%€36,313▼ 20.3%€46,234▲ 27.3%
Equity€165,040▼ 3.9%€185,212▲ 12.2%€230,765▲ 24.6%€267,077▲ 15.7%€313,311▲ 17.3%
Total assets€864,806▼ 0.7%€828,717▼ 4.2%€820,045▼ 1.0%€779,036▼ 5.0%€782,015▲ 0.4%
Debt€609,386▲ 0.1%€553,126▼ 9.2%€498,900▼ 9.8%€421,579▼ 15.5%€378,324▼ 10.3%
Working capital€204,674▼ 10.4%€216,077▲ 5.6%€249,895▲ 15.7%€264,172▲ 5.7%€288,331▲ 9.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€25,000€0€25,000€50,000€75,000Operating result 2019: €12,923€12,923Net result 2019: -€6,737-€6,737Operating result 2020: €46,968€46,968Net result 2020: €20,172€20,172Operating result 2021: €83,622€83,622Net result 2021: €45,553€45,553Operating result 2022: €68,728€68,728Net result 2022: €36,313€36,313Operating result 2023: €78,898€78,898Net result 2023: €46,234€46,23420192020202120222023€0€25,000€50,000€75,000Operating result 2021: €83,622€83,600Net result 2021: €45,553€45,600Operating result 2022: €68,728€68,700Net result 2022: €36,313€36,300Operating result 2023: €78,898€78,900Net result 2023: €46,234€46,200202120222023
The operating result recovers in 2023; 2023 is 15% above 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €782,015
Fixed assets €433,231 ▼ 4.7%
Current assets €348,784 ▲ 7.4%
Equity and liabilities €782,015
Equity €313,311 ▲ 17.3%
Provisions €90,380 =
Debt €378,324 ▼ 10.3%
Debt's share of the balance-sheet total falls from 54.1% to 48.4%. Equity is higher and debt is lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
€110,987▲
2022 · €103,292
Cash flow
€78,322▲
2022 · €70,876
Current ratio
5.77▲
2022 · 5.37
Debt to equity
1.21▼
2022 · 1.58
ROE
14.8%▲
2022 · 13.6%
ROA
5.9%▲
2022 · 4.7%
Interest coverage
6.31▲
2022 · 5.61
Debt ≤ 1 year
€60,453▼
2022 · €60,492
Debt > 1 year
€317,871▼
2022 · €361,087
Income taxes
€19,280▲
2022 · €18,211
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 52 lines
Balance sheet Code20222023
Assets
Total assets20/58€779,036€782,015▲
Fixed assets21/28€454,372€433,231▼
Tangible fixed assets22/27€453,772€432,631▼
Land and buildings22€83,736€78,337▼
Furniture and vehicles24€4,033€2,795▼
Leasing and similar rights25€343,941€321,636▼
Other tangible fixed assets26€22,062€29,863▲
Financial fixed assets28€600€600=
Current assets29/58€324,664€348,784▲
Amounts receivable after more than one year29€80,000€80,000=
Other amounts receivable291€80,000€80,000=
Amounts receivable within one year40/41€125,930€136,867▲
Trade receivables40€4,176-
Other amounts receivable41€121,753€136,867▲
Current investments50/53€5,010€11,010▲
Cash at bank and in hand54/58€21,983€20,192▼
Deferred charges and accrued income490/1€91,742€100,716▲
Equity and liabilities
Total equity and liabilities10/49€779,036€782,015▲
Equity10/15€267,077€313,311▲
Contributions10/11€12,400€12,400=
Reserves13€254,677€300,911▲
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€252,817€299,051▲
Provisions and deferred taxes16€90,380€90,380=
Provisions for liabilities and charges160/5€90,380€90,380=
Pensions and similar obligations160€90,380€90,380=
Amounts payable17/49€421,579€378,324▼
Amounts payable after more than one year17€361,087€317,871▼
Financial debts170/4€361,087€317,871▼
Amounts payable within one year42/48€60,492€60,453▼
Current portion of amounts payable after more than one year42€46,807€43,205▼
Trade debts44€4,160€6,336▲
Suppliers440/4€4,160€6,336▲
Taxes, remuneration and social security45€9,524€10,912▲
Taxes450/3€9,524€10,912▲
Income statement Code20222023
Non-recurring operating income76A€100-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34,564€32,088▼
Other operating charges640/8€880€4,146▲
Gross operating margin9900€104,171€115,133▲
Operating profit (loss)9901€68,728€78,898▲
Financial income75/76B€4,219€4,208▼
Recurring financial income75€4,219€4,208▼
Financial charges65/66B€18,423€17,592▼
Recurring financial charges65€18,423€17,592▼
Profit (loss) for the period before taxes9903€54,524€65,514▲
Income taxes67/77€18,211€19,280▲
Profit (loss) for the period9904€36,313€46,234▲
Profit (loss) for the period to be appropriated9905€36,313€46,234▲
Appropriation of the result
Profit (loss) to be appropriated9906€36,313€46,234▲
Transfer to equity691/2€36,313€46,234▲
To other reserves6921€36,313€46,234▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Non-recurring operating income76A---€100--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43,279€43,279€33,445€34,564€32,088▼ 7.2%
Other operating charges640/8--€565€880€4,146▲ 371%
Gross operating margin9900€57,987€91,845€117,632€104,171€115,133▲ 10.5%
Operating profit (loss)9901€12,923€46,968€83,622€68,728€78,898▲ 14.8%
Financial income75/76B--€4,208€4,219€4,208▼ 0.3%
Recurring financial income75€4,208€4,208€4,208€4,219€4,208▼ 0.3%
Financial charges65/66B--€22,763€18,423€17,592▼ 4.5%
Recurring financial charges65€23,703€21,919€22,763€18,423€17,592▼ 4.5%
Profit (loss) for the period before taxes9903-€6,572€29,257€65,067€54,524€65,514▲ 20.2%
Income taxes67/77€165€9,085€19,514€18,211€19,280▲ 5.9%
Profit (loss) for the period9904-€6,737€20,172€45,553€36,313€46,234▲ 27.3%
Profit (loss) for the period to be appropriated9905-€6,737€20,172€45,553€36,313€46,234▲ 27.3%
Line20192020202120222023Change
Assets
Total assets20/58€864,806€828,717€820,045€779,036€782,015▲ 0.4%
Fixed assets21/28€556,515€513,237€479,146€454,372€433,231▼ 4.7%
Tangible fixed assets22/27€555,915€512,637€478,546€453,772€432,631▼ 4.7%
Land and buildings22--€89,133€83,736€78,337▼ 6.4%
Plant, machinery and equipment23--€196---
Furniture and vehicles24--€5,096€4,033€2,795▼ 30.7%
Leasing and similar rights25--€367,253€343,941€321,636▼ 6.5%
Other tangible fixed assets26--€16,868€22,062€29,863▲ 35.4%
Financial fixed assets28€600€600€600€600€600=
Current assets29/58€308,291€315,481€340,898€324,664€348,784▲ 7.4%
Amounts receivable after more than one year29--€80,000€80,000€80,000=
Other amounts receivable291--€80,000€80,000€80,000=
Amounts receivable within one year40/41€103,205€114,972€107,304€125,930€136,867▲ 8.7%
Trade receivables40---€4,176--
Other amounts receivable41--€107,304€121,753€136,867▲ 12.4%
Current investments50/53---€5,010€11,010▲ 120%
Cash at bank and in hand54/58€37,507€21,107€58,177€21,983€20,192▼ 8.1%
Deferred charges and accrued income490/1--€95,418€91,742€100,716▲ 9.8%
Equity and liabilities
Total equity and liabilities10/49€864,806€828,717€820,045€779,036€782,015▲ 0.4%
Equity10/15€165,040€185,212€230,765€267,077€313,311▲ 17.3%
Contributions10/11€12,400-€12,400€12,400€12,400=
Reserves13€159,377€179,549€218,365€254,677€300,911▲ 18.2%
Non-distributable reserves130/1--€1,860€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860€1,860=
Distributable reserves133--€216,505€252,817€299,051▲ 18.3%
Profit (loss) carried forward14-€6,737-€6,737----
Provisions and deferred taxes16€90,380€90,380€90,380€90,380€90,380=
Provisions for liabilities and charges160/5--€90,380€90,380€90,380=
Pensions and similar obligations160--€90,380€90,380€90,380=
Amounts payable17/49€609,386€553,126€498,900€421,579€378,324▼ 10.3%
Amounts payable after more than one year17€505,769€453,722€407,897€361,087€317,871▼ 12.0%
Financial debts170/4--€407,897€361,087€317,871▼ 12.0%
Amounts payable within one year42/48€103,617€99,404€91,004€60,492€60,453▼ 0.1%
Current portion of amounts payable after more than one year42--€45,823€46,807€43,205▼ 7.7%
Trade debts44€44,080€44,109€45,181€4,160€6,336▲ 52.3%
Suppliers440/4--€45,181€4,160€6,336▲ 52.3%
Taxes, remuneration and social security45---€9,524€10,912▲ 14.6%
Taxes450/3---€9,524€10,912▲ 14.6%
Line20192020202120222023Change
Profit (loss) for the period9904-€6,737€20,172€45,553€36,313€46,234▲ 27.3%
+ Depreciation and write-downs630€43,279€43,279€33,445€34,564€32,088▼ 7.2%
Operating cash flow (approximation)€36,542€63,450€78,998€70,876€78,322▲ 10.5%
Investment in fixed assets (approximation)-€0€646-€9,790-€10,947▼ 11.8%
Change in cash--€16,400€37,069-€36,194-€1,791▲ 95.1%

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

2024
14-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 106 days late
2023
31-12
Financial Highest result since 2018net €46,234 ▲27.3%
Net result €46,234, the highest in the series.
15-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 46 days late
2022
26-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial Equity above €200,000Eq €230,765 ▲24.6%
2 profitable years in a row build equity to €230,765.
30-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial Back to profitnet €20,172
Net result €20,172 after one loss-making year.
22-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 83 days late
2019
31-12
Financial Weakest financial yearnet -€6,737
Net result drops to -€6,737, the lowest in the series; recovery starts the following year.
23-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
28-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
30-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 61 days late
2015
30-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Braine-l'Alleud · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
2,547 m²
Building footprint
506 m²
Volume, LiDAR
811 m³
2 parcels, Brussels, Wallonia · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
MICROBST
Adolphe Buyllaan 110A, 1050 ElseneSpecialist medical practice
since 20102.184.604.504
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
25078A0390/00E000 Wallonia 1,276 m² 1 · 88 m² 11.0 m · 3 fl.
21445C0261/00F002 Brussels 1,271 m² 1 · 418 m² 2.4 m
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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded04-01-2010
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

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