Micse
ActiveMicse has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €331k and a net result of €100k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 81% of 31487 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
68
/ 100
Healthy▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency75▲+11
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity short (current ratio 0.9 against 0.45 in 2024), and 16.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
83.8%
Return on assets
25.2%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
12 d late
2024
27 d late
2023
29 d late
2022
16 d late
2021
61 d early
2020
39 d early
2019
42 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€100k▼ 16.3%
2024 · €119k
2018: €41k
2019: €73k
2020: €99k
2021: €143k
2022: €131k
2023: €117k
2024: €119k
2018 → 2025
Working capital
€-6k▲ 93.2%
2024 · €-90k
2018: €42k
2019: €81k
2020: €-45k
2021: €-82k
2022: €-251k
2023: €-179k
2024: €-90k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€164k-€20k▼ 87.5%€138k▲ 571%€247k▲ 79.3%€331k▲ 34.3%
Operating result€127k-€99k▼ 22.4%€130k▲ 31.2%€165k▲ 27.3%€115k▼ 30.6%
Net result€143k-€131k▼ 9.0%€117k▼ 10.4%€119k▲ 1.8%€100k▼ 16.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €395k
Fixed assets
€343k▼ 3.9%
Current assets
€52k▼ 29.6%
Equity and liabilities €395k
Equity
€331k▲ 34.3%
Debt
€64k▼ 65.3%
The debt ratio falls from 42.8% to 16.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€131k▼
2024 · €182k
Cash flow
€116k▼
2024 · €135k
Solvency
83.8%▲
2024 · 57.2%
Current ratio
0.90▲
2024 · 0.45
Quick ratio
0.90▲
2024 · 0.45
Debt / equity
0.19▼
2024 · 0.75
ROE
30.1%▼
2024 · 48.3%
ROA
25.2%▼
2024 · 27.6%
Interest coverage
20.49▼
2024 · 42.67
Debt
€64k▼
2024 · €184k
Debt ≤ 1 year
€58k▼
2024 · €164k
Debt > 1 year
€3k▼
2024 · €21k
Income taxes
€29k▼
2024 · €42k
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 2024
Balance sheet
Code20242025
Assets
Total assets20/58€431k€395k▼
Fixed assets21/28€357k€343k▼
Tangible fixed assets22/27€51k€37k▼
Plant, machinery and equipment23-€952
Furniture and vehicles24€46k€31k▼
Other tangible fixed assets26€5k€5k▲
Financial fixed assets28€306k€306k=
Current assets29/58€74k€52k▼
Amounts receivable within one year40/41€39k€28k▼
Trade receivables40€38k€17k▼
Other amounts receivable41€94€11k▲
Cash at bank and in hand54/58€34k€22k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€431k€395k▼
Equity10/15€247k€331k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€226k€311k▲
Amounts payable17/49€184k€64k▼
Amounts payable after more than one year17€21k€3k▼
Financial debts170/4€21k€3k▼
Amounts payable within one year42/48€164k€58k▼
Current portion of amounts payable after more than one year42€36k€18k▼
Financial debts43€22k€10k▼
Credit institutions430/8€22k€10k▼
Trade debts44€513€775▲
Suppliers440/4€513€775▲
Taxes, remuneration and social security45€17k€15k▼
Taxes450/3€17k€15k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€87k€15k▼
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Non-recurring operating income76A€22k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€183k€132k▼
Operating profit (loss)9901€165k€115k▼
Financial income75/76B€0€20k▲
Recurring financial income75€0€20k▲
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€161k€129k▼
Income taxes67/77€42k€29k▼
Profit (loss) for the period9904€119k€100k▼
Profit (loss) for the period to be appropriated9905€119k€100k▼
Appropriation of the result
Profit (loss) to be appropriated9906€236k€326k▲
Profit (loss) brought forward from the previous period14P€117k€226k▲
Profit to be distributed694/7€10k€15k▲
Return on contributions (dividend)694€10k€15k▲
The notes to these accounts (14 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
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Equity above €200kEq €247k ▲79.3%
7 profitable years in a row build equity to €247k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Equity above €100kEq €138k ▲571%
6 profitable years in a row build equity to €138k.
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €143k ▲45.3%
Net result €143k, the highest in the series.
31-12
Financial
Equity above €150kEq €164k ▲36.5%
4 profitable years in a row build equity to €164k.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €150kEq €186k ▲65.1%
2 profitable years in a row build equity to €186k.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro 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, Welkenraedt · 1 establishment unit since 2016
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.
Linde 74841 WelkenraedtGround area
982 m²
Building footprint
125 m²
Parcel 63032B0008/00E000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Micse SRL
since 20162.257.877.512
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63032B0008/00E000 | Wallonia | 982 m² | 1 · 125 m² | - |
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
MARGREVE CONSULT & Cie
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FLOBRIMMO
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ERD CONSULT
BE 0794.874.022
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THALENT
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GARAVIAN
BE 0684.964.609
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,393. 37,425 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-10-2016
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.