Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Shrinking team NBB
FTE fell two years in a row, from 4.5 to 2.9.
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Busy address KBO
63 other companies have their registered office at the same address; threshold 10.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
MICLEDI MICRODISPLAYS from Leuven, company number BE0735885451, closed financial year 2024 with a result of € -3.7 million after tax. For that financial year MICLEDI MICRODISPLAYS recorded a gross margin of € -1.1 million and equity of € 6.7 million. Compared with financial year 2023, the result moved from € -2.9 million to € -3.7 million. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 4, 2025.
€ 6.7 million
▲ € 9.4 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3.7 million
▼ 28 % more loss than in 2023
Profit after tax over the fiscal year.
€ 5.8 million
▲ € 5.3 million vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -19.7 million.
People and assets in 2024
2.9
▼ 1.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 482,266
▼ 12% vs 2023
€ 166,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 381
▼ 46% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 1.6 million
▲ 107% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 38,812
▼ 31% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 517,531 | € 241,345 | € -268,668 | € -1,126,619 | ▼ € 857,952 |
| Profit after taxes | € -4,943,318 | € -4,846,303 | € -2,902,050 | € -3,703,789 | ▼ € 801,739 |
| Equity | € 5,068,018 | € 221,715 | € -2,680,335 | € 6,715,875 | ▲ € 9.4 million |
| Total debts | € 913,142 | € 3,772,211 | € 4,739,320 | € 1,659,031 | ▼ 65% |
| Cash | € 3,837,722 | € 2,025,022 | € 538,581 | € 5,801,323 | ▲ € 5.3 million |
| Retained profit | € -8,234,982 | € -13,081,285 | € -15,983,335 | € -19,687,125 | ▼ € 3.7 million |
| Bank debt | € 0 | € 2,700,000 | € 3,900,000 | € 0 | ▼ 100% |
| Balance sheet total | € 5,981,159 | € 3,993,926 | € 2,058,985 | € 8,374,907 | ▲ € 6.3 million |
| Employees (FTE) | 2.9 | 4.5 | 4.2 | 2.9 | ▼ 1.3 |
Key figures of MICLEDI MICRODISPLAYS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to MICLEDI MICRODISPLAYS?
What happened at MICLEDI MICRODISPLAYS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
MICLEDI MICRODISPLAYS is active according to the CBE. Legal situation: Opening faillissement.
- Participatiemaatschappij Vlaanderen NV stepped down as director. NBB
- Cyril Vancura stepped down as director. NBB
- Marc Ceurremans stepped down as director. NBB
- Koen Schrever stepped down as director. NBB
- Olivier Rousseaux stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 3.7 million. Source: NBB ↗
- Olivier Rousseaux became a director. NBB
- Participatiemaatschappij Vlaanderen NV became a director. NBB
In short
From € 4.9 million loss in 2021 to € 3.7 million loss in 2024.
On average € 53,600 of value added per employee in 2022.
Management
The stake of FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ, imec.xpand, Interuniversitair Micro-Electronica Centrum, Participatiemaatschappij Vlaanderen, KBC Focus fund comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
MICLEDI MICRODISPLAYSThe shares are held by FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ (23.7%), imec.xpand (18.8%), Interuniversitair Micro-Electronica Centrum (18.2%), Participatiemaatschappij Vlaanderen (17.3%) and KBC Focus fund (15%). It owns 100% of Micledi Inc itself.
Directors
According to the 2024 annual accounts
Participatiemaatschappij Vlaanderen NV
Director · represented by Vincent Luc HEBBELYNCK
Also active at: VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK, Arts Gebroeders immobilière, BEDRIJVENCENTRUM VILVOORDE, BIOTECH FONDS VLAANDEREN, MAISON DE LA RADIO FLAGEY, HERTECANT FLANGES, Site-Ontwikkeling Vlaanderen, SUSTAINABLE ENERGY VENTURES +136 more
since 2024 · until 2030
Cyril Vancura
Director
since 2024 · until 2030
Marc Ceurremans
Director
since 2021 · until 2027
Koen Schrever
Director
since 2021 · until 2027
Olivier Rousseaux
Director
since 2024 · until 2027
Shareholders
Participations
Micledi Inc
100%
Establishments
Establishment units
Physical locations of this company
Sluisstraat 79 box 3.01
3000 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 63 companies are registered at this address.
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€ 77,593 gross margin · 2025
OUTWARD BOUND TRAINING CENTER
€ 395,615 gross margin · 2025
TENFORCE
€ 7.8 million revenue · 2025
VECTOR BROSS
€ 563,585 gross margin · 2025
+58 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
SQUARESPACE - Squarespace, Inc., US
Domain
Domain
micledi.com
Registered
2018-11-24
Registrar
Hosting Concepts B.V. d/b/a Registrar.eu
Expires
2026-11-24
Website info
Features
Security
Network
Details
- Company number
- 0735.885.451
- VAT number
- BE 0735.885.451
- Registered office
- Sluisstraat 79 bus 3.01, 3000 Leuven
- Names & denominations
- MICLEDI MICRODISPLAYS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 9 October 2019
- Peppol
- Active · Active since 27 Oct 2025
- Contact
- micledi.com [email protected]
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