Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 3 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 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MICOPROJECTS from Zulte, company number BE0800327796, closed financial year 2025 with a result of € -7,528 after tax. For that financial year MICOPROJECTS recorded a gross margin of € 16,624 and equity of € -12,042. Compared with financial year 2024, the result moved from € -14,353 to € -7,528. 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 July 16, 2026.
€ -12,042
▼ € 7,528 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,528
▲ 48 % less loss than in 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -13,042.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 10,759
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 190,666
▲ 27% vs 2024
€ 14,569 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 7,106
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,908
▲ 71% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 20,291 | € -5,110 | € 16,624 | ▲ € 21,735 |
| Profit after taxes | € 10,672 | € -14,353 | € -7,528 | ▲ € 6,825 |
| Equity | € 9,839 | € -4,514 | € -12,042 | ▼ € 7,528 |
| Total debts | € 159,290 | € 219,380 | € 325,434 | ▲ 48% |
| Cash | € 100,366 | € 12,995 | € 0 | ▼ 100% |
| Retained profit | € 8,839 | € -5,514 | € -13,042 | ▼ € 7,528 |
| Dividend | € 1,833 | € 0 | € 0 | |
| Bank debt | € 75,000 | € 150,000 | € 190,666 | ▲ 27% |
| Balance sheet total | € 169,128 | € 214,866 | € 313,392 | ▲ 46% |
Key figures of MICOPROJECTS, fiscal years 2023 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 MICOPROJECTS?
What happened at MICOPROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,528. Source: NBB ↗
- New establishment in Zulte. KBO
- Start of the company according to the CBE. KBO
- Michiel Coppens became a director. NBB
In short
From € 10,672 profit in 2023 to € 7,528 loss in 2025.
Paid € 3,646 in corporate taxes since 2023.
Best year ever: 2023, with € 10,672 profit.
Paid out € 1,833 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MICOPROJECTS is Michiel Coppens.
Directors
According to the 2025 annual accounts
Michiel Coppens
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Waregemstraat 116
9870 Zulte
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0800.327.796
- VAT number
- BE 0800.327.796
- Registered office
- Waregemstraat 116, 9870 Zulte
- Names & denominations
- MICOPROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 April 2023
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Schrijnwerk
Overige werkzaamheden in verband met de afwerking van gebouwen
Elektrotechnische installatiewerken van nijverheidsinrichtingen
Ontwikkeling van niet-residentiële bouwprojecten
Algemene bouw van residentiële gebouwen