Age4 yrs
Real estate1 parcel · 2,560 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of MIQUO is 1.1% (low). The 2025 annual accounts show negative equity (€-8k) and a net result of €-6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 1353 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 5 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone1.1%
Low
0%0,5%1,5%4%10%≥25%
Young company
+Lower-failure-rate sector
−Annual accounts: weaker financial profile
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-05-2026, 77 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
How we compute the deadline
The year end is derived from 5 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 15-05-2026 | 77 d early | 2026-00111459 |
| 31-12-2024 | 31-07-2025 | 08-07-2025 | 23 d early | 2025-00241523 |
| 31-12-2023 | 31-07-2024 | 29-07-2024 | 2 d early | 2024-00294264 |
| 31-12-2022 | 31-07-2023 | 28-07-2023 | 3 d early | 2023-00294793 |
| 31-12-2021 | 31-07-2022 | 28-07-2022 | 3 d early | 2022-20244177 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
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.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-6k
Working capital€42k-12.9%
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 15-05-2026 with the NBB · fiscal year 2025 · micro
Sector comparison
Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -10.4% | 22.9% | |
| Net result | €-6k | €10k | |
| Equity | €-8k | €44k | |
| Gross operating margin | €8k | €39k | |
| Total assets | €72k | €291k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P11
Weakening position over 2021-2025
· n=1353-4962
P23
Weakening position over 2021-2025
· n=1351-4954
P17
Stable position over 2021-2025
· n=1354-4965
P25
Weakening position over 2021-2025
· n=1351-4948
Describes the position versus peers, not a forecast.
€662
-95.3%
21-25
€-6k
-
21-25
€-629
-
21-25
€72k
-15.7%
21-25
€-8k
-529.6%
21-25
€42k
-12.9%
21-25
1
-
21-25
€-341
+6.1%
21-25
€965
-69.1%
21-25
€80k
-8.2%
21-25
€24k
-5.9%
21-25
€56k
-9.2%
21-25
2.76
-4.9%
21-25
2.76
-4.9%
21-25
-10.4%
-647.0%
21-25
-10.59
+85.4%
21-25
84.1%
-
21-25
-8.8%
-
21-25
1.53
-92.6%
21-25
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €662 |
| Net profit | €-6k |
| Cash flow | €-629 |
| Staff costs | - |
| Income taxes | €965 |
| Dividends | - |
| Total assets | €72k |
| Equity | €-8k |
| Debt | €80k |
| of which ≤ 1y | €24k |
| of which > 1y | €56k |
| Working capital | €42k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 2.76 |
| Quick ratio | 2.76 |
| Working capital ratio | 58.7% |
| Solvency | -10.4% |
| Debt / equity | -10.59 |
| Long-term debt ratio | -7.40 |
| Interest coverage | 1.53 |
| Gross margin | - |
| Net margin | - |
| ROA | -8.8% |
| ROE | 84.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €72k |
| Fixed assets | 21/28 | €6k |
| Tangible fixed assets | 22/27 | €6k |
| Financial fixed assets | 28 | €120 |
| Current assets | 29/58 | €66k |
| Amounts receivable within one year | 40/41 | €1k |
| Investments | 50/53 | €65k |
| Cash & bank | 54/58 | €119 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €72k |
| Equity | 10/15 | €-8k |
| Contributions / capital | 10/11 | €2k |
| Reserves | 13 | €21k |
| Accumulated profits (losses) | 14 | €-30k |
| Amounts payable | 17/49 | €80k |
| Amounts payable after one year | 17 | €56k |
| Amounts payable within one year | 42/48 | €24k |
| Trade debts payable within one year | 44 | €1k |
| Income statement | ||
| Gross operating margin | 9900 | €8k |
| Operating result | 9901 | €-5k |
| Financial income | 75 | €106 |
| Financial charges | 65 | €432 |
| Result before taxes | 9903 | €-5k |
| Income taxes | 67/77 | €965 |
| Net result for the period | 9904 | €-6k |
| Result to be appropriated | 9905 | €-6k |
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2025 · computed50
/ 100
Fair
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.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Torhoutsesteenweg 40 B8210 ZedelgemEstablishment units
1 locationMiquo BV
since 20212.325.100.985
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area2,560 m²
Buildings1
Building footprint450 m²
Volume (LiDAR)2,609 m³
Tallest building11.3 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31017E0578/00N000 | Flanders | 2,560 m² | 1 · 450 m² | 11.3 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 acts Address history · 1
12-12-2022
Registered-office move
All acts · 1
updated 3 years ago
2022
12-12-2022 Registered office moved from Brugge to Loppem
- Oostmeers 88 - 8000 Brugge → Torhoutsesteenweg 40 B-8210 Loppem
Analysis
Snowflake analysis
financial profile on 5 axes69
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
50
Profitability
100
Solvency
67
Growth
32
Stability
94
Credit advice
verdict per customer and amountSimilar
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We hold annual accounts for 1,384 of the 11,733 companies in this sector. 1,105 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Bemiddeling in verband met exploitatie van en handel in onroerend goed68310Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis68311
Primary activity highlighted.
Names & trade names
| Legal nameNL | MIQUO |
Registered office
Torhoutsesteenweg 40 B
8210 Zedelgem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.