Active BE 0457.490.996Public limited company

Mikavér

den Abt 109 ·2340 Beerse, Belgium· 30 yrs active

Sector: Business and other management consultancy (70200)

Conclusion Checked

Mikavér has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.04M and a net result of €10k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 47% of 8442 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€1.04M
Net result	€10k
Better than sector	47%
Active	30 yrs

Financial profile 5 of 5 axes measured · computed by Checked

56 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 57

Profitability 5

Solvency 61

Growth 58

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.1% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1996, 30 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2025 · computed

57 / 100 Fair

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€60k

estimate, not credit advice

Score history

31 2021

15 2022

57 2023

57 2024

57 2025

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 0.16 (< 1.0) -10

Quick ratio Quick ratio 0.16 (< 0.6) -5

Leverage Debt/equity 1.03 (< 2.0) +3

Profitability ROE 1% +3

Interest coverage Interest coverage 42.4× (≥ 3×) +8

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview29 NBB filings

Annual accounts filed on 11-08-2026 with the NBB · fiscal year 2025 · abbreviated schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

stable Equity: stable across 5 fiscal years (±0.1%/year).

Solid line = filed figures · dashed = extended trend · area = indicative range.

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).

Sector comparison

Fiscal year 2025 · NACE 70, Activities of head offices; management consultancy activities · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	49.4%	53.1%	better than 47% of 8442 sector peers
Net result	€10k	€38k	better than 34% of 8444 sector peers
Equity	€1.04M	€353k	better than 72% of 8451 sector peers
Gross operating margin	€23k	€87k	better than 26% of 8422 sector peers
Total assets	€2.11M	€919k	better than 71% of 8444 sector peers

EBITDA

€22k

+135.1% 21-25

Net profit

€10k

+1059.6% 21-25

Cash flow

€21k

+80.1% 21-25

Total assets

€2.11M

+1.6% 21-25

Equity

€1.04M

+1.0% 21-25

Working capital

€-895k

+1.8% 21-25

Debt

€1.07M

+2.3% 21-25

Debt ≤ 1y

€1.07M

+2.3% 21-25

Current ratio

0.16

+27.4% 21-25

Quick ratio

0.16

+27.4% 21-25

Solvency

49.4%

-0.6% 21-25

Debt / equity

1.03

+1.3% 21-25

ROE

1.0%

+1048.2% 21-25

ROA

0.5%

+1041.0% 21-25

Interest coverage

42.41

-83.7% 21-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024	2023	2022	2021
Deposit	abbreviated schema	micro schema	micro schema	micro schema	micro schema
Revenue	-	-	-	-	-
EBITDA	€22k	€9k	€10k	€-16k	€-2k
Net profit	€10k	€880	€726	€-22k	€171
Cash flow	€21k	€12k	€14k	€-9k	€5k
Staff costs	-	-	-	-	-
Income taxes	-	-	-	-	-
Dividends	-	-	-	-	-
Total assets	€2.11M	€2.07M	€2.20M	€2.37M	€2.43M
Equity	€1.04M	€1.03M	€1.03M	€1.03M	€1.05M
Debt	€1.07M	€1.04M	€1.17M	€1.35M	€1.38M
of which ≤ 1y	€1.07M	€1.04M	€1.17M	€1.35M	€1.38M
of which > 1y	-	-	-	-	-
Working capital	€-895k	€-911k	€-922k	€-931k	€-921k
Employees (FTE)	-	-	-	-	-

Note: these years are not on the same basis. The filed schemas differ (abbreviated schema, micro schema), so the columns are not directly comparable.

Ratios (computed)

	2025	2024	2023	2022	2021
Current ratio	0.16	0.13	0.21	0.31	0.33
Quick ratio	0.16	0.13	0.21	0.31	0.33
Working capital ratio	-42.5%	-44.0%	-41.9%	-39.2%	-37.9%
Solvency	49.4%	49.7%	46.7%	43.3%	43.2%
Debt / equity	1.03	1.01	1.14	1.31	1.31
Long-term debt ratio	-	-	-	-	-
Interest coverage	42.41	260.19	312.22	-498.48	-142.67
Gross margin	-	-	-	-	-
Net margin	-	-	-	-	-
ROA	0.5%	0.0%	0.0%	-0.9%	0.0%
ROE	1.0%	0.1%	0.1%	-2.2%	0.0%
EBITDA margin	-	-	-	-	-
Days sales outstanding	-	-	-	-	-
Days payable outstanding	-	-	-	-	-
Inventory turnover	-	-	-	-	-
Days inventory (DSI)	-	-	-	-	-

Balance-sheet composition 2025

Assets

Fixed assets €1.94M · 91.9% Current assets €171k · 8.1%

Equity & liabilities

Equity €1.04M · 49.4% Debt €1.07M · 50.6%

Full annual accounts (22 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024	2023	2022	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€2.11M	€2.07M	€2.20M	€2.37M	€2.43M
Fixed assets	21/28	€1.94M	€1.94M	€1.95M	€1.96M	€1.97M
Intangible fixed assets	21	€3k	€2k	€4k	€6k	€12k
Tangible fixed assets	22/27	€48k	€55k	€63k	€69k	€76k
Financial fixed assets	28	€1.88M	€1.88M	€1.88M	€1.88M	€1.88M
Current assets	29/58	€171k	€132k	€251k	€414k	€458k
Amounts receivable within one year	40/41	€36k	€56k	€163k	€355k	€415k
Cash & bank	54/58	€133k	€74k	€86k	€57k	€41k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€2.11M	€2.07M	€2.20M	€2.37M	€2.43M
Equity	10/15	€1.04M	€1.03M	€1.03M	€1.03M	€1.05M
Contributions / capital	10/11	€248k	€248k	€248k	€248k	€248k
Reserves	13	€792k	€782k	€781k	€781k	€803k
Amounts payable	17/49	€1.07M	€1.04M	€1.17M	€1.35M	€1.38M
Amounts payable within one year	42/48	€1.07M	€1.04M	€1.17M	€1.35M	€1.38M
Trade debts payable within one year	44	€5k	€3k	€3k	€115k	€149k
Income statement
Gross operating margin	9900	€23k	€10k	€11k	€-15k	€-1k
Operating result	9901	€11k	€-2k	€-4k	€-29k	€-7k
Financial income	75	€0	€3k	€5k	€7k	€8k
Financial charges	65	€518	€36	€31	€32	€15
Result before taxes	9903	€10k	€880	€726	€-22k	€171
Net result for the period	9904	€10k	€880	€726	€-22k	€171
Result to be appropriated	9905	€10k	€880	€726	€-22k	€171

Directors & mandates 3 directors

Directors derived from a single State Gazette act, under verification

All 3 current directors first appear in the same act (24385950). Founders or capital subscribers may have been counted as directors here; the real board composition is being verified.

Current directors & mandates

OOSTVOGELS Katrien
Director
State Gazette act 24385950 (08-04-2024)

Current
29-03-2024 → present
OOSTVOGELS Michaël
Director
State Gazette act 24385950 (08-04-2024)

Current
29-03-2024 → present
2 events
- 29-03-2024 Appointed· Director
- 29-03-2024 Appointed· Managing director
VERSTAPPEN Hildegard
Director
State Gazette act 24385950 (08-04-2024)

Current
29-03-2024 → present

Legal Structure

NACE primary	Business and other management consultancy(70200)
Legal form	Public limited company(014)
Incorporation	18-03-1996
Status	Active
Postal code	2340

Establishment units 1 location

den Abt 109, 2340 Beerse

Scientific research and development

since 19962.075.916.695

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
13043A0166/00C002	Flanders	1,860 m²	1 · 187 m²	7.2 m · 2 fl.

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.

Updates 11 events

All 14Financial 3Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

11-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 11 days late

2025

31-12

Financial Highest result since 2021net €10k ▲1060%

Operating result €11k, net result €10k, both a record.

03-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

20-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

08-04

State Gazette act Director changes

Tom Holvoet

2023

31-12

Financial Back to profitnet €726

Net result €726 after one loss-making year.

30-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 30 days late

2022

31-12

Financial Weakest financial yearnet €-22k ▼13097%

Net result drops to €-22k, the lowest in the series; recovery starts the following year.

29-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 29 days late

2021

24-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

01-09

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 32 days late

2019

03-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

18-06

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

30-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 30 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 5 acts read

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 2 years ago

2024

08-04-2024 4 directors appointed Director changes·Tom Holvoet

OOSTVOGELS Michaël, Bestuurder
OOSTVOGELS Katrien, Bestuurder
VERSTAPPEN Hildegard, Bestuurder
OOSTVOGELS Michaël, Gedelegeerd bestuurder

Notary: Tom Holvoet · AntwerpenFirm: Notariaat Holvoet, F&T notarisvennootschap

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "OOSTVOGELS Micha\u00EBl",
        "address": "2340 Beerse, den Abt 109",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "additional",
      "via_org": null,
      "statutory": "niet_statutair",
      "compensated": null,
      "effective_date": "2024-03-29",
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "n_years",
        "value": "6"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "OOSTVOGELS Katrien",
        "address": "2340 Beerse, Dorpstraat 10 bus 1",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "additional",
      "via_org": null,
      "statutory": "niet_statutair",
      "compensated": null,
      "effective_date": "2024-03-29",
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "n_years",
        "value": "6"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "VERSTAPPEN Hildegard",
        "address": "2340 Beerse, den Abt 109",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "additional",
      "via_org": null,
      "statutory": "niet_statutair",
      "compensated": null,
      "effective_date": "2024-03-29",
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "n_years",
        "value": "6"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "decharge_granted",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "OOSTVOGELS Micha\u00EBl",
        "address": "2340 Beerse, den Abt 109",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "OOSTVOGELS Katrien",
        "address": "2340 Beerse, Dorpstraat 10 bus 1",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "VERSTAPPEN Hildegard",
        "address": "2340 Beerse, den Abt 109",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_in",
      "role": "gedelegeerd_bestuurder",
      "person": {
        "rrn": null,
        "name": "OOSTVOGELS Micha\u00EBl",
        "address": "2340 Beerse, den Abt 109",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "additional",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2024-03-29",
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "n_years",
        "value": "6"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "substantive_delegation",
      "role": "commissaris",
      "person": null,
      "reason": null,
      "subkind": "additional",
      "via_org": {
        "kbo": "0821.971.367",
        "name": "Accratio",
        "address": "2800 Mechelen, Blarenberglaan 4",
        "country": "BE",
        "legal_form": "besloten vennootschap"
      },
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": "Tom Holvoet",
    "firm_city": null,
    "firm_name": "Notariaat Holvoet, F\u0026T notarisvennootschap",
    "office_city": "Antwerpen",
    "is_associated": true
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-04-08",
    "filing_date": "2024-04-04",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "buitengewone_algemene_vergadering",
      "date": "2024-03-29",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0457.490.996",
    "name_full": "Mikav\u00E9r",
    "legal_form": "Naamloze vennootschap"
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [
    "Expeditie van de akte",
    "Geco\u00F6rdineerde statuten met een lijst van de oprichtings- en wijzigende akten",
    "Uit de notulen van de raad bestuur gehouden op 29 maart 2024"
  ],
  "corrected_publication_numac": null
}

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Business and other management consultancy70200Business consulting7022074142

Names & trade names

Legal nameNL

Mikavér

Similar companies Comparable size · 51,755 of 82,137 companies in this sector with filed accounts

Eero BE 0769.895.235 · Elsene

LUSATCO BE 0401.930.980 · Sint-Pieters-Woluwe

BUSINESS MANAGEMENT TEAM BE 0452.727.803 · Keerbergen

VAN HAUTEGEM BE 0810.751.833 · Kortrijk

L'ARCAMP BE 0870.011.014 · Silly