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Migration

Active Private limited companyfounded 2024active for 2 yearsFonds Delvaux 33, 5330 AssesseKBO/BCE: BE 1011.148.091

Lifetime

2 annual accounts with figures on one time axis
peak €26,574 (2024)
€20,526▼ 22.8%
peak €16,061 (2024)
€5,338▼ 66.8%
peak €31,399 (2025)
€31,399▲ 20.5%
€43,538▼ 7.6%
Board2 names since 2024
2 directorsBOUVY Edith Carine Sophie Danièle and 1 other
Documentsfilings and deeds
13-07-202618 days before the deadline
2025micro format
Gross margin from €26,574 to €20,526Result from €16,061 to €5,338Registered office moved from Merdorp to Maillen 30-10Equity from €26,061 to €31,399

Key points

from the 2025 annual accounts

Turnover

≈ €94,000 estimated

The micro format states no turnover.

Investments

€13,992 1.6 × depreciation
20242025

Green is investment, beige is depreciation.

Checked score

91
Excellent
Financially stronger than 55% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,572 companies (NACE 70, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 08-2025: 0.4%highest value 09-2025: < 0.1%▼ -0.4 percentage points vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: 0.1%▲ +0.1 percentage points 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: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Strong

67+6equity 41.9% of total assets
78-8short-term debt 35.6% · cash 35.4%
78-18return on assets 7.1%

Score breakdown

raises risk
1 change of registered office in 24 months
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 1.54, cash €26,544
Size: total assets €74,937
Calculation

The band follows from the bankruptcy probability. 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). It does better than 39% of them on solvency, 70% on liquidity, 43% on profitability and 67% on growth.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as Migration has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Migration itself is lower: 0.2% within 12 months. It rests on far more data about Migration than the profile alone.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for Migration. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €2,500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.54 (1.83 in 2024), above the usual 1.5. Short-term debt is 35.6% and cash 35.4% of total assets. However, 58.1% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Liquidity: current ratio 1.54, cash €26,544
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €74,937
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Young company
Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 years
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 13-07-2026, 18 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
18 days early
2024
22 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 2 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 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
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

BE
Director, since 04-07-2024
JM
Director, since 04-07-2024
  • JANSSENS Matthieu Jacques 50 sharesdeed of 08-07-2024
  • BOUVY Edith Carine Sophie Danièle 50 sharesdeed of 08-07-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1011148091
Registered office moved from Merdorp to Maillen New registered office: Fond Delvaux 33 à 5330 Maillen · Previous registered office: rue de la Chapelle 15 à 4280 Merdorp · General meeting of 18-06-2025 · Gazette deed
Incorporation Founding capital of €10,000, 100 shares · Founders: JANSSENS Matthieu Jacques and BOUVY Edith Carine Sophie Danièle · Appointments: JANSSENS Matthieu Jacques (director) and BOUVY Edith Carine Sophie Danièle (director) · published on 08-07-2024 · Gazette deed
First establishment Rue de la Chapelle 15, Hannut
All 6 events

Comparable companies

same main activity, similar in size and age
Company
Migration Assesse €74,937 €20,526 41.9% -
Free-Dom Solutions Sombreffe €79,561 €21,555 39.1% -
AB Lab SRL Namur €72,691 €22,674 42.1% -
THE FRICKE COMPANY Andenne €65,549 €22,708 14.3% -
Fondation Phoenix Marche-en-Famenne €76,480 €21,323 26.4% -
YLK CONSULTING Wavre €73,399 €21,395 32.1% -
Sign Tech Nieuwerkerken (Limb.) €72,315 €21,024 76.9% -

These companies have the same main activity as Migration: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €65,500 and €79,600, founded in 2024.

Official details

Source: KBO
Status
Active since 04-07-2024Normal situation
Activity
Business and other management consultancyNACE 70200and 5 others
Establishment unit
2.361.393.4374280 Hannut, since 04-07-2024
Financial year end
31 December
Peppol
Reachable since 28-01-2026
Company details

Annual accounts 2025

€74,937▲ 2.4%
Filing
Filed on 13-07-2026, 18 days before the end of the filing period
Financials

Insights on Migration

Migration has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,399 and a net result of €5,338.

Its solvency ranks better than 39% of 39,376 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Migration

What is the company number of Migration?
The company number of Migration is 1011.148.091. The VAT number is the same number with BE in front: BE 1011.148.091.
Where is Migration based?
The registered office is at Fonds Delvaux 33, 5330 Assesse.Company details
What does Migration do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of Migration?
Migration is a private limited company (BV).
When was Migration founded?
Migration was founded on 04-07-2024.
Is Migration still active?
Yes, Migration is an active enterprise in the KBO register.
What is the turnover of Migration?
The turnover in financial year 2025 is ≈ €94,000. This figure is estimated from the gross margin of €20,526 and 206 comparable companies (NACE 70200). It probably lies between €45,000 and €190,000. It is a rough estimate.Financials
Is Migration profitable?
In financial year 2025, Migration made a profit of €5,338.
Where can I find the annual accounts of Migration?
Migration filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Migration due?
Migration must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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