Nick Michiels Consulting

Active

Private limited companyfounded 2019active for 7 yearsAchiel Cleynhenslaan 66, 3140 Keerbergen, BelgiumKBO/BCE: BE 0729.634.394

From the official registers: KBO 6 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Nick Michiels Consulting has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €457,191 and a net result of €122,437. Equity has been growing by about 43% per year since 2020. Its solvency ranks better than 32% of 15,759 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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Nick Michiels ConsultingActiveChecked score 94/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 01-07-2019 Normal situation
Legal form: Private limited company
Registered office: Achiel Cleynhenslaan 66, 3140 Keerbergen
Activity: Certified accountants and tax accountants NACE 69201
Establishment unit: 2.290.630.155 3140 Keerbergen, since 01-07-2019
Financial year end: 31 December
Peppol: Reachable since 29-07-2024

Company details

Board and ownership

Board

Michiels Nick ChrisDirector

Board & ownership

Financial position

94 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Annual accounts 2025

Gross margin: €299,623; ▲ 17.7%
Turnover: ≈ €520,000; estimated
Profit: €122,437; ▲ 37.5%
Equity: €457,191; ▲ 34.2%
Total assets: €1.2m; ▲ 16.0%
Staff: 1.3 FTE; ▼ 38.1%

2025 accounts filed 94 days before the deadline

Filed on 28-04-2026PDF

Financials

Score breakdownlowers riskSector: Legal and accounting activities (NACE 69)Size: total assets €1.2mFigures for financial year 2025 (filed on 30-04-2026)Liquidity: current ratio 1.85, cash €380,619Show the evidence

Checked score

Score 2025

94 / 100

Excellent

Probability in this band: under 0.55%

Financially stronger than 53% of micro companies in legal and accounting (NACE 69)

Every signal that counts is listed under Signals.

Financial strength · tick: 2024

Strong

Solvency 62+5

equity 36.8% of total assets

Liquidity 79+17

short-term debt 24.9% · cash 30.6%

Profitability 81+2

return on assets 9.9%

Bankruptcy probability within 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% (20,076 companies, NACE 69, micro)

Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: 0.1%▲ +0.1 percentage points vs 07-2025highest value 09-2025: < 0.1%▼ -0.1 percentage points 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 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 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 09-2026lowest value

Credit of up to €40,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.85 (1.63 in 2024), above the usual 1.5. Short-term debt is 24.9% and cash 30.6% of total assets. However, 63.2% of the assets are financed with debt and provisions.

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 69, micro). It does better than 35% of them on solvency, 69% on liquidity, 36% on profitability and 73% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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Signals

Five signals.

lowers riskneutral

Sector: Legal and accounting activities (NACE 69)

KBO

Size: total assets €1.2m

Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.

NBB · annual accounts

Figures for financial year 2025 (filed on 30-04-2026)

NBB · annual accounts

Liquidity: current ratio 1.85, cash €380,619

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-04-2026, 94 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

94 days early

2024

on the day

2023

8 days early

2022

24 days early

2021

22 days early

2020

25 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 29 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

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. The company usually files around 9 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Key points

Positive: More equity than 86% of companies in legal and accountingsector median €86,378 · 15,764 companies €457,191 View
Positive: Always filed on timeaccounts within the deadline every year 6 years View
Positive: 6 profitable years in a rowprofit 2025: €122,437 6 years View
Positive: Equity rose in 2025from €340,754 to €457,191 ▲ 34.2% View

Documents

Key facts about Nick Michiels Consulting

What is the company number of Nick Michiels Consulting?: The company number of Nick Michiels Consulting is 0729.634.394. The VAT number is the same number with BE in front: BE 0729.634.394.
Where is Nick Michiels Consulting based?: The registered office is at Achiel Cleynhenslaan 66, 3140 Keerbergen.Company details
What does Nick Michiels Consulting do?: According to the KBO register, the main activity is certified accountants and tax accountants (NACE 69201).
What is the legal form of Nick Michiels Consulting?: The legal form of Nick Michiels Consulting is Private limited company (BV).
When was Nick Michiels Consulting founded?: Nick Michiels Consulting was founded on 01-07-2019.
Is Nick Michiels Consulting still active?: Yes, Nick Michiels Consulting is an active enterprise in the KBO register.
How many employees does Nick Michiels Consulting have?: Nick Michiels Consulting had an average of 1.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Nick Michiels Consulting?: The turnover in financial year 2025 is ≈ €520,000. This figure is estimated from the gross margin of €299,623 and 35 comparable companies (NACE 69201). It probably lies between €450,000 and €620,000.
Is Nick Michiels Consulting profitable?: In financial year 2025, Nick Michiels Consulting made a profit of €122,437.
Where can I find the annual accounts of Nick Michiels Consulting?: Nick Michiels Consulting filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of Nick Michiels Consulting due?: Nick Michiels Consulting must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as Nick Michiels Consulting: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €1m and €1.2m, founded between 2018 and 2021.

Company	Total assets	Gross margin
Nick Michiels Consulting Keerbergen	€1.2m	€0.3m
CLENA CONSULTING Anzegem	€1.1m	€0.3m
EBS FINANCE WEST Kortrijk	€1.0m	€0.3m
Van Hauwe Accountancy Berlare	€1.2m	€0.3m
Transfer Pricing Consultants Ternat	€1.2m	€0.3m
ME-advise Glabbeek	€1.0m	€0.2m
STAVAZA Boekhouding en Fiscaliteit Oosterzele	€1.0m	€0.3m