Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MICOFORM from Pajottegem, company number BE0442457679, closed financial year 2025 with a result of € -4,039 after tax. For that financial year MICOFORM recorded a gross margin of € -3,936 and equity of € -18,699. Compared with financial year 2024, the result moved from € -8,555 to € -4,039. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 7, 2026.
€ -18,699
▼ € 4,039 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,039
▲ 53 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -37,299.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 23,555
▲ 51% vs 2024
Loans from banks and other lenders, long and short.
€ 13,206
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,649
▲ 2% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -31,061 | € -22,987 | € -6,908 | € -3,936 | ▲ € 2,972 |
| Profit after taxes | € -30,453 | € -24,244 | € -8,555 | € -4,039 | ▲ € 4,516 |
| Equity | € 18,380 | € -6,104 | € -14,660 | € -18,699 | ▼ € 4,039 |
| Total debts | € 24,005 | € 37,651 | € 43,808 | € 43,910 | |
| Cash | € 20,462 | € 2,970 | € 0 | - | |
| Retained profit | € -220 | € -24,704 | € -33,260 | € -37,299 | ▼ € 4,039 |
| Dividend | € 0 | € 240 | € 0 | € 0 | |
| Bank debt | € 0 | € 6,000 | € 15,643 | € 23,555 | ▲ 51% |
| Balance sheet total | € 42,385 | € 31,547 | € 29,148 | € 25,211 | ▼ 14% |
Key figures of MICOFORM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to MICOFORM?
What happened at MICOFORM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,039. filed late Source: NBB ↗
- New establishment in Pajottegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 30,453 loss in 2022 to € 4,039 loss in 2025.
Paid € 0 in corporate taxes since 2022.
Paid out € 240 in dividends to the owners in total.
Management
Behind MICOFORM is Hans Cornelis.
Directors
According to the 2025 annual accounts
Hans Cornelis
Director
Establishments
Establishment units
Physical locations of this company
Zeuningenstraat 5
1570 Pajottegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0442.457.679
- VAT number
- BE 0442.457.679
- Registered office
- Zeuningenstraat 5, 1570 Pajottegem
- Names & denominations
- MICOFORM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 1990
- Peppol
- Active · Active since 2 Feb 2025
- Activities · NACE
Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen
Vervaardiging van eetkamer-, zitkamer- en slaapkamermeubelen
Vervaardiging van kantoor- en winkelmeubelen
Vervaardiging van keukenmeubelen
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Vervaardiging van overige keukenmeubelen
Vervaardiging van kantoor-, winkel- en ateliermeubelen, overwegend van andere materialen dan metaal