OPENING OF BANKRUPTCY

MICHTHER

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Financial year 2023 · closed on 31/12/2023
Net result
34,4 k €
-16.1% YoY
Gross margin
53,9 k €
-2.7% YoY
Equity
228,3 k €
+17.7% YoY

Company — Opening of bankruptcy.

Strike-off: 16 septembre 2026

What does MICHTHER do?

MICHTHER is a Private limited company incorporated in 2019. Its main activity is: Management consultancy activities. Its registered office is in Kortrijk.

Legal situation
● Opening of bankruptcy
BCE/KBO no. / VAT
BE 0739.778.121
Incorporation
18/12/2019
Legal form
Private limited company
Registered office
Izegemsestraat(Kor) 10
8500 Kortrijk · FlandreSee on map
Contributed capital
25 000,00 €
Latest accounts
31/12/2023
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities64200Activities of holding companies64210Activities of holding companies70210Public relations and communication activities73300Advertising and market research
Signals
ProfitableSolid equityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 4 financial years

2023202220212020
Income statement
Gross margin53,9 k €55,4 k €46,1 k €44,7 k €
EBITDA51,8 k €55,4 k €45,9 k €44,6 k €
Operating result48,0 k €51,6 k €45,9 k €44,6 k €
Net result34,4 k €41,0 k €61,4 k €67,3 k €
Balance sheet
Equity228,3 k €193,9 k €153,0 k €92,3 k €
Total assets359,7 k €353,6 k €343,4 k €345,5 k €
Cash1,9 €7,9 k €9,9 k €8,5 k €
Debts131,4 k €159,7 k €190,5 k €253,2 k €
Other
Workforce–0,0 ETP––
Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active

Active mandates

Michiel Thermote

Director · since 18 décembre 2019

Active
Annual accounts

Full financial information

2023202220212020
Type of accountAbridged modelAbridged modelMicro modelMicro model
Start of the financial year01/01/202301/01/202201/01/202119/12/2019
Closing of the financial year31/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months13 months
Filing date29/08/202401/09/202301/07/202220/07/2021
General meeting29/06/202424/06/202325/06/202226/06/2021
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202329/06/202429/08/2024DutchPDF
Abridged model31/12/202224/06/202301/09/2023DutchPDF
Micro model31/12/202125/06/202201/07/2022DutchPDF
Micro model31/12/202026/06/202120/07/2021DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

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Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active

Active mandates

Michiel Thermote

Director · since 18 décembre 2019

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office21/02/2023
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office01/03/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other20/12/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2023
    Annual accounts 202334,4 k €↓
  2. 2022
    Annual accounts 202241,0 k €↓
  3. 2021
    Annual accounts 202161,4 k €↓
  4. 2020
    Annual accounts 202067,3 k €
  5. 18/12/2019
    IncorporationPrivate limited company