Turnover
≈ €110,000 estimated
The micro format states no turnover.
MICAJAMY
Lifetime
15 annual accounts with figures on one time axispeak €135,103 (2011)
€14,118▲ 9.3%
lowest -€43,991 (2021)
€1,192▼ 38.6%
peak €148,862 (2025)
€148,862▲ 0.8%
€65,860▼ 13.5%
peak 1 FTE (2014)
-not published
Board3 names since 2010
2 directorsDECLERCK Michaël and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Result from €1,941 to €1,192
Key points
from the 2025 annual accountsFilings
15 annual accounts since 2011
Six of the last ten came late. The 2022 accounts came latest: 136 days after the end of the period.
Checked score
66
Healthy
Financially stronger than 46% of micro companies without a NACE code
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%lowest value
01-2025: 1.0%▲ +0.1 percentage points vs 12-2024
02-2025: 1.0%● unchanged vs 01-2025
03-2025: 1.0%● unchanged vs 02-2025
04-2025: 1.0%● unchanged vs 03-2025
05-2025: 0.9%▼ -0.1 percentage points vs 04-2025
06-2025: 1.0%▲ +0.1 percentage points vs 05-2025
07-2025: 1.0%● unchanged vs 06-2025
08-2025: 1.3%▲ +0.3 percentage points vs 07-2025
09-2025: 1.1%▼ -0.2 percentage points vs 08-2025
10-2025: 1.1%● unchanged vs 09-2025
11-2025: 1.1%● unchanged vs 10-2025
12-2025: 1.1%● unchanged vs 11-2025
01-2026: 1.1%● unchanged vs 12-2025
02-2026: 1.1%● unchanged vs 01-2026
03-2026: 1.1%● unchanged vs 02-2026
04-2026: 1.1%● unchanged vs 03-2026
05-2026: 1.1%● unchanged vs 04-2026
06-2026: 1.1%● unchanged vs 05-2026
07-2026: 1.1%● unchanged vs 06-2026
08-2026: 1.9%▲ +0.8 percentage points vs 07-2026highest value
09-2026: 1.1%▼ -0.8 percentage points vs 08-2026
10-2026: 1.1%● unchanged vs 09-2026
11-2026: 1.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
Liquidity: current ratio 1.67, cash €112
lowers risk
Size: total assets €214,723
Founded in 2010
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 (no NACE code, micro). It does better than 58% of them on solvency, 39% on liquidity, 38% on profitability and 51% on growth.
The bankruptcy probability was computed on 09-11-2026 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 low class on 30-06-2025, 0.8% 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, 10,904 companies had the same profile as MICAJAMY has now. Each dot stands for 28 companies, two years later.
95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of MICAJAMY itself is higher: 1.1% within 12 months. It rests on far more data about MICAJAMY than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 10,904 companies, not a prediction for MICAJAMY. 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 €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.67 (1.69 in 2024), above the usual 1.5. Short-term debt is 7% and cash 0.1% of total assets. 30.7% 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
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
28 days late
2023
97 days late
2022
136 days late
2021
4 days early
2020
24 days early
2019
45 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 44 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were 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. The company usually files around 31 August (4 of the last 5 accounts filed within 67 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DECLERCK Carolyn Henriette M 200 sharesdeed of 23-01-2023
- DECLERCK Benjamin Carl J 200 sharesdeed of 23-01-2023
- DECLERCK Jim Jean M 200 sharesdeed of 23-01-2023
Recent changes
Demerger: PASTINE splits off to MICALE
Company renamed from PASTINE to MICAJAMY · Capital increase of €150,000 · 600 new shares · General meeting of 21-12-2022 · Gazette deed
Demerger proposal: Pastine splits off to Micale
Appointments: Michaël Declerck (director) and Pascale Henderickx (director) · “enkel patrimoniumactiviteiten” (deed in Dutch) · Gazette deed
Company renamed from GRAFFITY WO-MEN to Pastine
Resignations: DECLERCK Michaël Charles Marie (manager) and HENDERICKX Pascale (manager) · Reappointments: DECLERCK Michaël Charles Marie (director) and HENDERICKX Pascale (director) · Legal-form conversion: from private limited company (pre-2019) to private limited company · Gazette deed
Incorporation
published on 05-02-2010 · Gazette deed
Official details
Source: KBO- Status
- Active since 03-02-2010Normal situation
- Activity
- “Het aanleggen,het oordeelkundig uitbouwen,het beheren en verhandelen van een onroerend vermogen;alle verrichtingen,studies en operaties…” (deed in Dutch)From the articles, 3 activitiesNo NACE code in the KBO yet
- Joint committee
- 201Independent retail · annual accounts 2022
- Establishment unit
- 2.184.789.3962630 Aartselaar, since 03-02-2010
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on MICAJAMY
MICAJAMY files the micro format. That format states no turnover. The gross margin fell from €135,103 in 2011 to €14,118 in 2025.
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 MICAJAMY
- What is the company number of MICAJAMY?
- The company number of MICAJAMY is 0822.878.021. The VAT number is the same number with BE in front: BE 0822.878.021.
- Where is MICAJAMY based?
- The registered office is at Baron van Ertbornstraat 4, 2630 Aartselaar.Company details
- What is the legal form of MICAJAMY?
- MICAJAMY is a private limited company (BV).
- When was MICAJAMY founded?
- MICAJAMY was founded on 03-02-2010.
- Is MICAJAMY still active?
- Yes, MICAJAMY is an active enterprise in the KBO register.
- How many employees does MICAJAMY have?
- MICAJAMY had an average of 1.8 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- Which joint committee does MICAJAMY fall under?
- In its 2022 annual accounts, MICAJAMY states joint committee 201 (Independent retail).
- What is the turnover of MICAJAMY?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €14,118 and 6,297 comparable companies of the same size. It probably lies between €49,000 and €260,000. It is a rough estimate.
- Is MICAJAMY profitable?
- In financial year 2025, MICAJAMY made a profit of €1,192.
- Where can I find the annual accounts of MICAJAMY?
- MICAJAMY filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of MICAJAMY due?
- MICAJAMY must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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