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MicX

Active
Private limited companyfounded 2023active for 3 yearsTienne des Coteaux 6, 1300 Wavre, BelgiumKBO/BCE: BE 0805.801.269
Summary

MicX has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €225,857 and a net result of €177,618. Its solvency ranks better than 45% of 39,218 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
≈ €390,000turnover 2025, estimated
Equity
€225,857
Profit
€177,618
Turnover estimated from the gross margin
Financial health
97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts 43 days early
Why 97lowers riskLiquidity: current ratio 1.73, cash €371,776Sector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €455,500Equity €225,857 (49.6% of total assets)Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 73% of its sector peers (NACE 70, micro)
Financial strength · tick = 2024
Strong
Solvency 75+25
equity 49.6% of total assets
Liquidity 75+15
short-term debt 50.4% · cash 81.6%
Profitability 100+3
return on assets 39.0%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,501 companies, NACE 70, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025highest value 07-2025: 0.5%● unchanged vs 06-2025 08-2025: < 0.1%▼ -0.5 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €21,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.73, compared with 0.86 in 2024, above the usual 1.5; short-term debt: 50.4% and cash: 81.6% of total assets), but 50.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 46% on solvency, 67% on liquidity, 84% on profitability and 97% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 1.73, cash €371,776
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: total assets €455,500
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €225,857 (49.6% of total assets)
NBB · annual accounts
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 18-06-2026, 43 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
43 days early
2024
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 32 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Liquidity doublescurrent ratio 1.73
  3. Equity above €200,000equity €225,857 ▲368%

Financials · financial year 2025, micro format

Turnover
≈ €390,000
Estimated: probably between €320,000 and €680,000
Total assets
€455,500▲ 140%
2024 · €189,913
Net result
€177,618▲ 311%
2024 · €43,238
Working capital
€168,444
2024 · -€20,379
Trend over the years

2024 to 2025, 2 financial years

The operating result rises in 2025; 2025 is nearly 4 times 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€256,723 2025 Net result€177,618 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€64,671-€256,723▲ 297%
Net result€43,238within the sector's middle half-€177,618above the sector's middle half▲ 311%
Equity€48,238within the sector's middle half-€225,857above the sector's middle half▲ 368%
Total assets€189,913within the sector's middle half-€455,500above the sector's middle half▲ 140%
Debt€141,675-€229,644▲ 62.1%
Working capital-€20,379below the sector's middle half-€168,444above the sector's middle half
Solvency25.4%below the sector's middle half-49.6%within the sector's middle half▲ 24.2pp
Current ratio0.86below the sector's middle half-1.73within the sector's middle half▲ 0.88
Return on assets (ROA)22.8%within the sector's middle half-39.0%above the sector's middle half▲ 16.2pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €455,500
Fixed assets €57,413 ▼ 16.3%
Current assets €398,087 ▲ 228%
Equity and liabilities €455,500
Equity €225,857 ▲ 368%
Debt €229,644 ▲ 62.1%
Debt's share of the balance-sheet total falls from 74.6% to 50.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€274,221▲
2024 · €80,752
Cash flow
€195,116▲
2024 · €59,319
Debt to equity
1.02▼
2024 · 2.94
ROE
78.6%▼
2024 · 89.6%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€229,644▲
2024 · €141,675
Income taxes
€78,935▲
2024 · €20,906
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,127 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97.2% are still going.

  • Small
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.8% went bankrupt
1.9% stopped otherwise
97.2% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,127 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€189,913€455,500▲
Fixed assets21/28€68,617€57,413▼
Tangible fixed assets22/27€68,617€57,413▼
Furniture and vehicles24€68,617€57,413▼
Current assets29/58€121,296€398,087▲
Amounts receivable within one year40/41-€24,596
Trade receivables40-€24,596
Cash at bank and in hand54/58€119,813€371,776▲
Deferred charges and accrued income490/1€1,483€1,715▲
Equity and liabilities
Total equity and liabilities10/49€189,913€455,500▲
Equity10/15€48,238€225,857▲
Contributions10/11€5,000€5,000=
Reserves13€43,238€220,738▲
Distributable reserves133€43,238€220,738▲
Profit (loss) carried forward14-€118
Amounts payable17/49€141,675€229,644▲
Amounts payable within one year42/48€141,675€229,644▲
Trade debts44-€49
Suppliers440/4-€49
Taxes, remuneration and social security45€32,653€113,685▲
Taxes450/3€32,653€113,685▲
Other amounts payable47/48€109,022€115,909▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,081€17,498▲
Other operating charges640/8-€100
Gross operating margin9900€80,752€274,321▲
Operating profit (loss)9901€64,671€256,723▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€527€171▼
Recurring financial charges65€527€171▼
Profit (loss) for the period before taxes9903€64,144€256,553▲
Income taxes67/77€20,906€78,935▲
Profit (loss) for the period9904€43,238€177,618▲
Profit (loss) for the period to be appropriated9905€43,238€177,618▲
Appropriation of the result
Profit (loss) to be appropriated9906€43,238€177,618▲
Transfer to equity691/2€43,238€177,500▲
To other reserves6921€43,238€177,500▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,081€17,498▲ 8.8%
Other operating charges640/8-€100-
Gross operating margin9900€80,752€274,321▲ 240%
Operating profit (loss)9901€64,671€256,723▲ 297%
Financial income75/76B-€1-
Recurring financial income75-€1-
Financial charges65/66B€527€171▼ 67.6%
Recurring financial charges65€527€171▼ 67.6%
Profit (loss) for the period before taxes9903€64,144€256,553▲ 300%
Income taxes67/77€20,906€78,935▲ 278%
Profit (loss) for the period9904€43,238€177,618▲ 311%
Profit (loss) for the period to be appropriated9905€43,238€177,618▲ 311%
Line20242025Change
Assets
Total assets20/58€189,913€455,500▲ 140%
Fixed assets21/28€68,617€57,413▼ 16.3%
Tangible fixed assets22/27€68,617€57,413▼ 16.3%
Furniture and vehicles24€68,617€57,413▼ 16.3%
Current assets29/58€121,296€398,087▲ 228%
Amounts receivable within one year40/41-€24,596-
Trade receivables40-€24,596-
Cash at bank and in hand54/58€119,813€371,776▲ 210%
Deferred charges and accrued income490/1€1,483€1,715▲ 15.6%
Equity and liabilities
Total equity and liabilities10/49€189,913€455,500▲ 140%
Equity10/15€48,238€225,857▲ 368%
Contributions10/11€5,000€5,000=
Reserves13€43,238€220,738▲ 411%
Distributable reserves133€43,238€220,738▲ 411%
Profit (loss) carried forward14-€118-
Amounts payable17/49€141,675€229,644▲ 62.1%
Amounts payable within one year42/48€141,675€229,644▲ 62.1%
Trade debts44-€49-
Suppliers440/4-€49-
Taxes, remuneration and social security45€32,653€113,685▲ 248%
Taxes450/3€32,653€113,685▲ 248%
Other amounts payable47/48€109,022€115,909▲ 6.3%
Line20242025Change
Profit (loss) for the period9904€43,238€177,618▲ 311%
+ Depreciation and write-downs630€16,081€17,498▲ 8.8%
Operating cash flow (approximation)€59,319€195,116▲ 229%
Investment in fixed assets (approximation)--€6,294-
Change in cash-€251,963-

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

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 18-06-2026 2026-00170374
31-12-2024 micro format 10-07-2025 2025-00253188

Similar companies · same sector, comparable size

Of the 82,509 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,646. 40,445 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2023
MICHIELS Christophe
Director · since 15-09-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2023, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
MICHIELS Christophe
  • Director, from 15-09-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 15-09-2023 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 15-09-2023 Incorporation · €5,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

MicX was incorporated on 13 September 2023 as a private limited company by one natural person, with a starting capital of €5,000.12 Since 2023, MICHIELS Christophe has served as director of the company.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 15-09-2023
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
18-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Liquidity doublescurrent ratio 1.73
Current ratio from 0.86 to 1.73.
31-12
Financial Equity above €200,000equity €225,857 ▲368%
A profit in every financial year since 2024 builds equity to €225,857.
10-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2023
15-09
Gazette deed Incorporation
Appointment: MICHIELS Christophe (director) · Founder · Founding capital10 facts ▸
  • Founder, MICHIELS Christophe (comparant)
  • Incorporation, “1300 Wavre, Tienne des Coteaux 6, Société à responsabilité limitée” (deed in French)
  • Founding capital, €5,000
  • Other provision, “arrêt des statuts, arrêter les statuts” (deed in French)
  • Other provision, “effectivité_décisions_finales, dépôt_greffe_expédition_acte_constitutif” (deed in French)
  • Registered office clause, “1300 Wavre,Tienne des Coteaux 6”, 2 (deed in French)
  • Board rule, 1, 3
  • Director appointment, MICHIELS Christophe (director)
  • Power of attorney, Maxime STAS de RICHELLE
  • Pre-incorporation commitments, “takeover, engagements_obligations_activités_nom_compte_société_en_formation” (deed in French)
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded13-09-2023
Financial year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0805801269
Also 9925:BE0805801269
Registered 03-03-2026

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

Register as of 30 October 2026 · Peppol Directory

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

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Wavre · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
852 m²
Building footprint
163 m²
Building volume
1,074 m³
Parcel 25112D0176/00H000, Wallonia · tallest building 10.0 m. Linked by address, not a title deed.
1 establishment unit
MicX
Tienne des Coteaux 6, 1300 WavreBusiness and other management consultancy
since 2023unit no. 2.349.639.116
1 parcel
Wallonia 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
25112D0176/00H000 Wallonia 852 m² 1 · 163 m² 9.9 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Activité de consultance et de conseils en management dans le sens le plus large du terme, et en particulier dans le domaine de la…” (deed in French)
15 activities (deed in French)
  1. Activité de consultance et de conseils en management dans le sens le plus large du terme, et en particulier dans le domaine de la transformation digitale, de la technologie de l'information, de l'informatique, des produits et services financiers, de la technologie de la communication et du management en général.
  2. Assistance, conseil et direction aux entreprises, aux personnes privées et aux institutions, principalement, mais pas uniquement, dans le domaine du management, du marketing, de la production, du développement et de la chaîne d'approvisionnement de produits, de l'organisation et de l'administration des sociétés, tout ceci dans le sens le plus large du terme.
  3. La commercialisation des produits et des services, pour compte propre ou pour compte de tiers principalement, mais pas uniquement, aux multimédias, à l'ordinateur et aux logiciels, aux instruments de communication, autres solutions de base sur l'informatique et autres solutions digitales et technologies de l'information.
  4. L'accompagnement, l'organisation, la représentation, la formation et le coaching des activités commerciales des entreprises.
  5. La mise en œuvre, le développement de solutions de transformation digitale à destination des entreprises, personnes privées et institutions.
  6. L'accompagnement, l'organisation, la représentation, et la mise en œuvre des activités de formations et de coaching aux entreprises, aux personnes privées, et aux Institutions.
  7. Mandats d'administrations dans d'autres sociétés, dans le même secteur économique ou dans le cadre d'une mission de consultance ou d'un actionnariat.
  8. Agrandissement de ses actifs par la vente ou l'achat de valeurs financières, des produits dérivés et de faire usage de toutes les techniques disponibles.
  9. Collaboration, directe ou indirecte, de n'importe quelle manière, et prise d'intérêt dans d'autres entreprises.
  10. Toutes opérations commerciales, industrielles, financières, mobilières, immobilières, se rapportant directement ou indirectement à son objet.
  11. Elle dispose, d’une manière générale, d’une pleine capacité juridique pour accomplir tous les actes et opérations ayant un rapport direct ou indirect avec son objet ou qui seraient de nature à faciliter directement ou indirectement, entièrement ou partiellement, la réalisation de cet objet.
  12. La société a aussi pour objet, en Belgique ou à l’étranger, la constitution et la valorisation d’un patrimoine immobilier.
  13. Elle peut s'intéresser par voie d'association, d'apport, de fusion, d'intervention financière ou autrement dans toutes sociétés, associations ou entreprises dont l'objet est identique, analogue ou connexe au sien ou susceptible de favoriser le développement de son entreprise ou de constituer pour elle une source de débouchés.
  14. Elle peut exercer les fonctions d’administrateur ou liquidateur dans d’autres sociétés.
  15. La société peut se porter garant ou fournir des sûretés réelles pour des sociétés ou des personnes privées, au sens le plus large.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
MicX
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région Wallonne” (deed in French)

deed of 15-09-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation de durée, personnes physiques ou morales, actionnaires ou non” (deed in French)

deed of 15-09-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, numéro d’ordre” (deed in French)

deed of 15-09-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Thursday of June at 18:00

deed of 15-09-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Modifications aux statuts, 23” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“24, si_aucun_autre_désigné” (deed in French)

deed of 15-09-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Compte de capitaux propres statutairement indisponible, Néant” (deed in French)
Other provision: “Organe d’administration détermine s’ils agissent seul ou conjointement, gestion journalière” (deed in French)
Other provision: “Contrôle de la société, un ou plusieurs commissaires” (deed in French)
Other provision: “Admission_assemblée_générale, 17” (deed in French)
Other provision: “Séances_procès-verbaux, 18” (deed in French)
Other provision: “Délibérations_assemblée_générale, 19” (deed in French)
Other provision: “Répartition_réserves, 22” (deed in French)
Liquidation distribution: “25, proportion actions” (deed in French)
Other provision: “Communications actionnaires titulaires titres certificats, réputée_intervenue_valablement” (deed in French)
1 more provision in the deed, see the deed of 15-09-2023

deed of 15-09-2023