MICROGROOVE
ActiveMICROGROOVE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €339k and a net result of €49k. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 66% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▲+21
Solvency87▲+8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days only on tighter terms
Liquidity short (current ratio 0.55 against 0.28 in 2023; short-term debt: 31% and cash: 5.4% of total assets), and 38.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 · 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
61.8%
Return on assets
9%
Age of the figures
18 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 13-02-2026, 105 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
105 d late
2023
210 d late
2022
30 d late
2021
30 d late
2020
30 d late
2019
29 d late
2018
30 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€339k▲ 18.1%
2023 · €287k
2019: €236k
2020: €242k
2021: €246k
2022: €279k
2023: €287k
2019 → 2025
Total assets
€549k▲ 3.8%
2023 · €529k
2019: €575k
2020: €627k
2021: €570k
2022: €543k
2023: €529k
2019 → 2025
Net result
€49k▲ 461%
2023 · €9k
2019: €18k
2020: €7k
2021: €4k
2022: €32k
2023: €9k
2019 → 2025
Working capital
€-76k▲ 49.5%
2023 · €-150k
2019: €-199k
2020: €-192k
2021: €-198k
2022: €-177k
2023: €-150k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232025Trend
Equity€242k-€246k▲ 1.7%€279k▲ 13.1%€287k▲ 3.2%€339k▲ 18.1%
Operating result€22k-€13k▼ 43.8%€50k▲ 300%€21k▼ 57.9%€75k▲ 259%
Net result€7k-€4k▼ 39.7%€32k▲ 694%€9k▼ 72.7%€49k▲ 461%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €75k in 2025, compared with €21k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €549k
Fixed assets
€455k▼ 3.5%
Current assets
€94k▲ 63.9%
Equity and liabilities €549k
Equity
€339k▲ 18.1%
Debt
€210k▼ 13.1%
The debt ratio falls from 45.6% to 38.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€89k▲
2023 · €34k
Cash flow
€63k▲
2023 · €22k
Solvency
61.8%▲
2023 · 54.4%
Current ratio
0.55▲
2023 · 0.28
Quick ratio
0.55▲
2023 · 0.27
Debt / equity
0.62▼
2023 · 0.84
ROE
14.6%▲
2023 · 3.1%
ROA
9.0%▲
2023 · 1.7%
Interest coverage
440.57▲
2023 · 4.56
Debt
€210k▼
2023 · €241k
Debt ≤ 1 year
€170k▼
2023 · €208k
Income taxes
€26k▲
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2023
Balance sheet
Code20232025
Assets
Total assets20/58€529k€549k▲
Fixed assets21/28€471k€455k▼
Tangible fixed assets22/27€46k€30k▼
Land and buildings22€43k€29k▼
Plant, machinery and equipment23€1k€888▼
Furniture and vehicles24€2k€195▼
Financial fixed assets28€425k€425k=
Current assets29/58€57k€94k▲
Stocks and contracts in progress3€2k-
Stocks30/36€2k-
Amounts receivable within one year40/41€32k€64k▲
Trade receivables40€32k€64k▲
Other amounts receivable41€550€550=
Cash at bank and in hand54/58€22k€30k▲
Deferred charges and accrued income490/1€579-
Equity and liabilities
Total equity and liabilities10/49€529k€549k▲
Equity10/15€287k€339k▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€82k€134k▲
Non-distributable reserves130/1€11k€11k=
Reserves not available under the articles1311€11k€11k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€52k€104k▲
Profit (loss) carried forward14€187k€187k=
Amounts payable17/49€241k€210k▼
Amounts payable within one year42/48€208k€170k▼
Trade debts44€15k€12k▼
Suppliers440/4€15k€12k▼
Taxes, remuneration and social security45€23k€36k▲
Taxes450/3€23k€36k▲
Other amounts payable47/48€170k€122k▼
Accrued charges and deferred income492/3€33k€40k▲
Income statement
Code20232025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€36k€93k▲
Operating profit (loss)9901€21k€75k▲
Financial charges65/66B€8k€202▼
Recurring financial charges65€8k€202▼
Profit (loss) for the period before taxes9903€13k€75k▲
Income taxes67/77€5k€26k▲
Profit (loss) for the period9904€9k€49k▲
Profit (loss) for the period to be appropriated9905€9k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€196k€237k▲
Profit (loss) brought forward from the previous period14P€187k€187k=
Transfer to equity691/2€9k€49k▲
To other reserves6921€9k€49k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 105 days late
2025
31-03
Financial
Highest result since 2019net €49k ▲461%
Operating result €75k, net result €49k, both a record.
2024
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 210 days late
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
31-03
Financial
Weakest financial yearnet €4k ▼39.7%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 29 days late
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2017
11-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 41 days late
2016
29-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
2015
29-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ukkel · 1 establishment unit since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Maretaklaan 171180 UkkelGround area
1,597 m²
Building footprint
158 m²
Volume, LiDAR
1,285 m³
Parcel 21614H0056/00F011, Brussels · tallest building 19.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
MICROGROOVE
since 20062.157.519.926
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0056/00F011 | Brussels | 1,597 m² | 1 · 158 m² | 19.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
A.S.T.
BE 0420.855.185
Gent · Eq €340k
D.S.M.
BE 0440.183.426
Liedekerke · Eq €342k
TEBA
BE 0457.589.283
Sint-Truiden · Eq €343k
BELECTRON
BE 0425.097.253
Pajottegem · Eq €344k
LUXOR
BE 0452.484.511
Kapelle-op-den-Bos · Eq €335k
Of 977 companies in sector 46431 we hold annual accounts for 705. 548 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-11-2006
Fiscal year end31-03
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
47540Retail sale of electrical household appliances
52450
52720
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.