Michael Thielens
The computed 12-month bankruptcy probability of Michael Thielens is 0.3% (very low). The 2025 annual accounts show equity of €3k and a net result of €187k. Equity is shrinking by ~24.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 6% of 1957 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €3k |
| Net result | €187k |
| Better than sector | 6% |
| Active | 5 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 1.2% | 53.8% | |
| Net result | €187k | €43k | |
| Equity | €3k | €56k | |
| Gross operating margin | €243k | €68k | |
| Total assets | €211k | €133k |
Show 9 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €242k |
| Net profit | €187k |
| Cash flow | €191k |
| Staff costs | - |
| Income taxes | €53k |
| Dividends | €171k |
| Total assets | €211k |
| Equity | €3k |
| Debt | €209k |
| of which ≤ 1y | €209k |
| of which > 1y | - |
| Working capital | €-12k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.94 |
| Quick ratio | 0.94 |
| Working capital ratio | -5.7% |
| Solvency | 1.2% |
| Debt / equity | 83.59 |
| Long-term debt ratio | - |
| Interest coverage | 99.81 |
| Gross margin | - |
| Net margin | - |
| ROA | 88.6% |
| ROE | 7494.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €211k |
| Fixed assets | 21/28 | €15k |
| Tangible fixed assets | 22/27 | €15k |
| Current assets | 29/58 | €197k |
| Amounts receivable within one year | 40/41 | €56k |
| Cash & bank | 54/58 | €140k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €211k |
| Equity | 10/15 | €3k |
| Contributions / capital | 10/11 | €3k |
| Amounts payable | 17/49 | €209k |
| Amounts payable within one year | 42/48 | €209k |
| Trade debts payable within one year | 44 | €7k |
| Income statement | ||
| Gross operating margin | 9900 | €243k |
| Operating result | 9901 | €238k |
| Financial income | 75 | €4k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €240k |
| Income taxes | 67/77 | €53k |
| Net result for the period | 9904 | €187k |
| Result to be appropriated | 9905 | €187k |
| NACE primary | Activiteiten van advocaten(69101) |
| Legal form | Private limited company(610) |
| Incorporation | 28-04-2021 |
| Status | Active |
| Postal code | 3500 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71022H1480/00A000 | Flanders | 1,770 m² | 1 · 934 m² | 13.9 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
07-08-2026 Board meeting · Seat change · Filing representative
- Publication: 07/08/2026 · MICHAEL THIELENS
- Filing: 30/07/2026 · MICHAEL THIELENS
- Board meeting: 15/06/2026 · MICHAEL THIELENS
- Seat change: to: Kolonel Dusartplein 28B, 3500 Hasselt, from: Jef Koningslaan 76, 3500 Hasselt, effective_date: 2026-06-15 · MICHAEL THIELENS
- Filing representative: bijzondere volmacht · KMG Consilium
Technical details
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}| Legal nameNL | Michael Thielens |