MIKE LE RYCKE
ActiveMIKE LE RYCKE has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €876k and a net result of €174k. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 56% of 12665 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▲+10
Solvency88▲+25
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity short (current ratio 0.06 against 0.11 in 2024; short-term debt: 18.8% and cash: 0.6% of total assets), and 37.5% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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
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
62.5%
Return on assets
12.4%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 20-10-2025, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
23 d late
2023
28 d late
2022
15 d late
2021
2 d late
2020
9 d late
2019
1 d early
← 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 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€876k▲ 24.7%
2024 · €702k
2019: €559k
2020: €571k
2021: €474k
2022: €541k
2023: €628k
2024: €702k
2019 → 2025
Total assets
€1.40M▼ 23.4%
2024 · €1.83M
2019: €1.59M
2020: €2.05M
2021: €2.06M
2022: €1.98M
2023: €1.90M
2024: €1.83M
2019 → 2025
Net result
€174k▲ 133%
2024 · €75k
2019: €-24k
2020: €44k
2021: €72k
2022: €85k
2023: €88k
2024: €75k
2019 → 2025
Working capital
€-249k▲ 12.3%
2024 · €-284k
2019: €-144k
2020: €-166k
2021: €-323k
2022: €-292k
2023: €-293k
2024: €-284k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€474k-€541k▲ 14.2%€628k▲ 16.0%€702k▲ 11.9%€876k▲ 24.7%
Operating result€134k-€146k▲ 8.5%€155k▲ 6.2%€142k▼ 8.0%€293k▲ 106%
Net result€72k-€85k▲ 17.9%€88k▲ 3.6%€75k▼ 15.5%€174k▲ 133%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 106% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.40M
Fixed assets
€1.39M▼ 22.8%
Current assets
€15k▼ 56.8%
Equity and liabilities €1.40M
Equity
€876k▲ 24.7%
Debt
€525k▼ 53.4%
The debt ratio falls from 61.6% to 37.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€344k▲
2024 · €222k
Cash flow
€224k▲
2024 · €154k
Solvency
62.5%▲
2024 · 38.4%
Current ratio
0.06▼
2024 · 0.11
Quick ratio
0.06▼
2024 · 0.11
Debt / equity
0.60▼
2024 · 1.60
ROE
19.8%▲
2024 · 10.6%
ROA
12.4%▲
2024 · 4.1%
Interest coverage
10.30▲
2024 · 7.87
Debt
€525k▼
2024 · €1.13M
Debt ≤ 1 year
€264k▼
2024 · €318k
Debt > 1 year
€250k▼
2024 · €799k
Income taxes
€86k▲
2024 · €39k
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€1.83M€1.40M▼
Fixed assets21/28€1.80M€1.39M▼
Tangible fixed assets22/27€1.79M€1.39M▼
Land and buildings22€1.78M€1.38M▼
Plant, machinery and equipment23€8k€7k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€159€159=
Current assets29/58€34k€15k▼
Amounts receivable within one year40/41€16k€3k▼
Trade receivables40€16k€3k▼
Other amounts receivable41€1€26▲
Cash at bank and in hand54/58€14k€8k▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.83M€1.40M▼
Equity10/15€702k€876k▲
Contributions10/11€300k€300k=
Reserves13€402k€576k▲
Distributable reserves133€402k€576k▲
Amounts payable17/49€1.13M€525k▼
Amounts payable after more than one year17€799k€250k▼
Financial debts170/4€799k€250k▼
Amounts payable within one year42/48€318k€264k▼
Current portion of amounts payable after more than one year42€119k€51k▼
Trade debts44€8k€12k▲
Suppliers440/4€8k€12k▲
Taxes, remuneration and social security45€29k€13k▼
Taxes450/3€29k€13k▼
Other amounts payable47/48€162k€189k▲
Accrued charges and deferred income492/3€9k€11k▲
Income statement
Code20242025
Non-recurring operating income76A-€286k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79k€51k▼
Other operating charges640/8€11k€12k▲
Gross operating margin9900€232k€356k▲
Operating profit (loss)9901€142k€293k▲
Financial income75/76B-€174
Recurring financial income75-€174
Financial charges65/66B€28k€33k▲
Recurring financial charges65€28k€33k▲
Profit (loss) for the period before taxes9903€114k€260k▲
Income taxes67/77€39k€86k▲
Profit (loss) for the period9904€75k€174k▲
Profit (loss) for the period to be appropriated9905€75k€174k▲
Appropriation of the result
Profit (loss) to be appropriated9906€75k€174k▲
Transfer to equity691/2€75k€174k▲
To other reserves6921€75k€174k▲
The notes to these accounts (9 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
2025
20-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €174k ▲133%
Operating result €293k, net result €174k, both a record.
2024
23-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 23 days late
2023
28-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2022
15-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 15 days late
31-03
Financial
Equity above €500kEq €541k ▲14.2%
3 profitable years in a row build equity to €541k.
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
31-03
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
26-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Deinze · 1 establishment unit since 2000
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.
Overbroekkouterslag 49850 DeinzeGround area
4,383 m²
Building footprint
234 m²
Parcel 44044A1249/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
Overbroekkouterslag 4, 9850 Deinze
since 20002.257.377.169
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44044A1249/00A000 | Flanders | 4,383 m² | 1 · 234 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.
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Of 12,172 companies in sector 69201 we hold annual accounts for 7,638. 4,678 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-11-2000
Fiscal year end31-03
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
74121
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.