Noppe Miguel
ActiveNoppe Miguel has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111k and a net result of €21k. Equity is growing by ~16.7% per year across the filed fiscal years. Its solvency ranks better than 53% of 7452 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+5
Solvency71▼-12
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 2.05 against 2.64 in 2024; short-term debt: 17.4% and cash: 16.3% of total assets), but 54.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
45.8%
Return on assets
8.8%
Age of the figures
12 mo
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
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 29-12-2025, 122 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
122 d early
2024
15 d early
2023
67 d early
2022
86 d early
2021
17 d late
2020
6 d early
2019
66 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
23-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€111k▼ 3.6%
2024 · €115k
2018: €46k
2019: €53k
2020: €62k
2021: €78k
2022: €89k
2023: €107k
2024: €115k
2018 → 2025
Total assets
€243k▲ 23.0%
2024 · €197k
2018: €172k
2019: €138k
2020: €123k
2021: €134k
2022: €147k
2023: €167k
2024: €197k
2018 → 2025
Net result
€21k▲ 118%
2024 · €10k
2018: €12k
2019: €8k
2020: €10k
2021: €16k
2022: €12k
2023: €19k
2024: €10k
2018 → 2025
Working capital
€44k▼ 51.4%
2024 · €91k
2018: €18k
2019: €24k
2020: €43k
2021: €66k
2022: €80k
2023: €85k
2024: €91k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€78k-€89k▲ 14.3%€107k▲ 20.7%€115k▲ 7.6%€111k▼ 3.6%
Operating result€25k-€18k▼ 27.0%€26k▲ 44.9%€14k▼ 46.3%€28k▲ 98.9%
Net result€16k-€12k▼ 27.3%€19k▲ 60.5%€10k▼ 49.1%€21k▲ 118%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 99% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €243k
Fixed assets
€156k▲ 212%
Current assets
€87k▼ 41.1%
Equity and liabilities €243k
Equity
€111k▼ 3.6%
Debt
€131k▲ 60.5%
The debt ratio rises from 41.5% to 54.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€48k▲
2024 · €27k
Cash flow
€41k▲
2024 · €23k
Solvency
45.8%▼
2024 · 58.5%
Current ratio
2.05▼
2024 · 2.64
Quick ratio
2.01▼
2024 · 2.51
Debt / equity
1.18▲
2024 · 0.71
ROE
19.2%▲
2024 · 8.5%
ROA
8.8%▲
2024 · 4.9%
Interest coverage
33.44▼
2024 · 34.01
Debt
€131k▲
2024 · €82k
Debt ≤ 1 year
€42k▼
2024 · €56k
Debt > 1 year
€83k▲
2024 · €24k
Income taxes
€5k▲
2024 · €4k
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€197k€243k▲
Fixed assets21/28€50k€156k▲
Tangible fixed assets22/27€49k€155k▲
Plant, machinery and equipment23€643€6k▲
Furniture and vehicles24€46k€148k▲
Other tangible fixed assets26€2k€1k▼
Financial fixed assets28€1k€1k=
Current assets29/58€147k€87k▼
Stocks and contracts in progress3€8k€2k▼
Stocks30/36€8k€2k▼
Amounts receivable within one year40/41€90k€42k▼
Trade receivables40€78k€40k▼
Other amounts receivable41€12k€1k▼
Cash at bank and in hand54/58€46k€40k▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€197k€243k▲
Equity10/15€115k€111k▼
Contributions10/11€12k€19k▲
Reserves13€47k€67k▲
Distributable reserves133€47k€67k▲
Profit (loss) carried forward14€56k€26k▼
Amounts payable17/49€82k€131k▲
Amounts payable after more than one year17€24k€83k▲
Financial debts170/4€24k€83k▲
Amounts payable within one year42/48€56k€42k▼
Current portion of amounts payable after more than one year42€10k€20k▲
Trade debts44€37k€7k▼
Suppliers440/4€37k€7k▼
Taxes, remuneration and social security45€7k€7k▼
Taxes450/3€5k€5k▲
Remuneration and social security454/9€2k€1k▼
Other amounts payable47/48€2k€9k▲
Accrued charges and deferred income492/3€2k€6k▲
Income statement
Code20242025
Remuneration, social security and pensions62€119-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€20k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€28k€49k▲
Operating profit (loss)9901€14k€28k▲
Financial income75/76B-€107
Recurring financial income75-€107
Financial charges65/66B€790€1k▲
Recurring financial charges65€790€1k▲
Profit (loss) for the period before taxes9903€13k€27k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€10k€21k▲
Profit (loss) for the period to be appropriated9905€10k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€58k€47k▼
Profit (loss) brought forward from the previous period14P€48k€26k▼
Transfer from equity791/2-€30k
Transfer to equity691/2-€20k
To other reserves6921-€20k
Profit to be distributed694/7€2k€32k▲
Return on contributions (dividend)694€2k€32k▲
The notes to these accounts (9 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
29-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-09
Financial
Highest result since 2018net €21k ▲118%
Operating result €28k, net result €21k, both a record.
15-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity doublescurrent ratio 4.98
Current ratio from 2.47 to 4.98; short-term debt falls from €54k to €21k.
30-09
Financial
Equity above €100kEq €107k ▲20.7%
6 profitable years in a row build equity to €107k.
03-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
17-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
24-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €8k ▼30.8%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
03-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 7 days late
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, Dentergem · 1 establishment unit since 2013
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.
Mandelvijver(Wak) 48720 DentergemGround area
896 m²
Building footprint
157 m²
Volume, LiDAR
901 m³
Parcel 37016B0981/00C003, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Noppe Miguel
since 20132.223.244.651
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37016B0981/00C003 | Flanders | 896 m² | 1 · 157 m² | 6.4 m · 2 fl. |
Linked by address, not proof of ownership
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.
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,050. 13,058 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-09-2013
Fiscal year end30-09
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.