MICHEL PONCIN PARTNER
ActiveMICHEL PONCIN PARTNER has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €116k and a net result of €52k. Equity is growing by ~17.3% per year across the filed fiscal years. Its solvency ranks better than 68% of 31540 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
98
/ 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
Profitability100▲+4
Solvency98▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 3.38 against 2.61 in 2024; short-term debt: 24.8% and cash: 64.2% of total assets), and 27.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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
72.6%
Return on assets
32.2%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-12-2025, 135 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
135 d early
2024
134 d early
2023
77 d early
2022
149 d early
2021
134 d early
2020
127 d early
2019
139 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€116k▲ 51.7%
2024 · €77k
2018: €38k
2019: €23k
2020: €37k
2021: €61k
2022: €61k
2023: €58k
2024: €77k
2018 → 2025
Total assets
€160k▲ 33.3%
2024 · €120k
2018: €103k
2019: €94k
2020: €90k
2021: €92k
2022: €158k
2023: €130k
2024: €120k
2018 → 2025
Net result
€52k▲ 94.6%
2024 · €26k
2018: €22k
2019: €19k
2020: €22k
2021: €24k
2022: €31k
2023: €16k
2024: €26k
2018 → 2025
Working capital
€94k▲ 94.1%
2024 · €49k
2018: €37k
2019: €26k
2020: €38k
2021: €67k
2022: €44k
2023: €45k
2024: €49k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€61k-€61k▼ 0.1%€58k▼ 3.4%€77k▲ 31.0%€116k▲ 51.7%
Operating result€36k-€39k▲ 10.7%€24k▼ 39.7%€38k▲ 58.5%€78k▲ 106%
Net result€24k-€31k▲ 29.5%€16k▼ 47.1%€26k▲ 62.3%€52k▲ 94.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 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 €160k
Fixed assets
€26k▼ 37.1%
Current assets
€134k▲ 70.2%
Equity and liabilities €160k
Equity
€116k▲ 51.7%
Debt
€44k▲ 0.9%
The debt ratio falls from 36.2% to 27.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€94k▲
2024 · €52k
Cash flow
€68k▲
2024 · €41k
Solvency
72.6%▲
2024 · 63.8%
Current ratio
3.38▲
2024 · 2.61
Quick ratio
3.38▲
2024 · 2.61
Debt / equity
0.38▼
2024 · 0.57
ROE
44.4%▲
2024 · 34.6%
ROA
32.2%▲
2024 · 22.1%
Interest coverage
192.81▲
2024 · 69.46
Debt
€44k▲
2024 · €43k
Debt ≤ 1 year
€40k▲
2024 · €30k
Debt > 1 year
€4k▼
2024 · €13k
Income taxes
€26k▲
2024 · €10k
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€120k€160k▲
Fixed assets21/28€41k€26k▼
Tangible fixed assets22/27€41k€26k▼
Plant, machinery and equipment23€376€218▼
Furniture and vehicles24€33k€20k▼
Other tangible fixed assets26€8k€6k▼
Current assets29/58€79k€134k▲
Amounts receivable within one year40/41€26k€31k▲
Trade receivables40€21k€30k▲
Other amounts receivable41€5k€1k▼
Cash at bank and in hand54/58€53k€103k▲
Deferred charges and accrued income490/1€279€287▲
Equity and liabilities
Total equity and liabilities10/49€120k€160k▲
Equity10/15€77k€116k▲
Contributions10/11€12k€12k=
Reserves13€64k€104k▲
Distributable reserves133€64k€104k▲
Profit (loss) carried forward14-€2
Amounts payable17/49€43k€44k▲
Amounts payable after more than one year17€13k€4k▼
Financial debts170/4€13k€4k▼
Amounts payable within one year42/48€30k€40k▲
Current portion of amounts payable after more than one year42€12k€9k▼
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45€6k€16k▲
Taxes450/3€6k€16k▲
Other amounts payable47/48€9k€12k▲
Accrued charges and deferred income492/3€291€300▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€17k▲
Other operating charges640/8€297€425▲
Gross operating margin9900€53k€95k▲
Operating profit (loss)9901€38k€78k▲
Financial income75/76B€1€3▲
Recurring financial income75€1€3▲
Financial charges65/66B€754€489▼
Recurring financial charges65€754€489▼
Profit (loss) for the period before taxes9903€37k€77k▲
Income taxes67/77€10k€26k▲
Profit (loss) for the period9904€26k€52k▲
Profit (loss) for the period to be appropriated9905€26k€52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€52k▲
Transfer from equity791/2€8k€12k▲
Transfer to equity691/2€26k€52k▲
To other reserves6921€26k€52k▲
Profit to be distributed694/7€8k€12k▲
Return on contributions (dividend)694€8k€12k▲
The notes to these accounts (8 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
16-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-09
Financial
Highest result since 2018net €52k ▲94.6%
Operating result €78k, net result €52k, both a record.
30-09
Financial
Equity above €100kEq €116k ▲51.7%
8 profitable years in a row build equity to €116k.
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
13-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €16k ▼47.1%
Net result drops to €16k, the lowest in the series; recovery starts the following year.
2022
02-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-09
Financial
Liquidity doublescurrent ratio 4.33
Current ratio from 2.07 to 4.33; short-term debt falls from €36k to €20k.
2020
24-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
13-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
28-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
02-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Chaudfontaine · 1 establishment unit since 2003
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.
Clos de Jehanster 34050 ChaudfontaineGround area
1,707 m²
Building footprint
167 m²
Volume, LiDAR
1,071 m³
2 parcels, Wallonia · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MICHEL PONCIN PARTNER
since 20032.134.019.497
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62022D0169/00R000 | Wallonia | 1,433 m² | 1 · 107 m² | 7.2 m · 2 fl. |
| 62302C0010/00K014 | Wallonia | 274 m² | 1 · 60 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 40,811 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-10-2003
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.