What does Saint-Michel do?

Saint-Michel is a residential care institution in Spa. Non-profit, started on 13 June 1969, 4 establishments.

What is the address of Saint-Michel?

The registered office of Saint-Michel is located at Rue Albin Body 55, 4900 Spa.

Is Saint-Michel still active?

Yes. According to the CBE (30 October 2026) Saint-Michel is active, legal situation “Normale toestand”, started on 13 June 1969.

Is Saint-Michel registered on Peppol?

Yes, Saint-Michel is registered on the Peppol network with ID 0208:0406618654.

What is the enterprise number of Saint-Michel?

The enterprise number of Saint-Michel is BE0406618654.

When was Saint-Michel founded?

Saint-Michel was founded on 13 June 1969.

Is Saint-Michel a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 13 June 1969; 5 annual accounts filed, latest fiscal year 2025; 4 establishments in the CBE.

How much profit did Saint-Michel make in 2025?

Saint-Michel recorded a loss after taxes of € 1,463,209 in financial year 2025.

What is the revenue of Saint-Michel?

In its most recent annual accounts (2025), Saint-Michel reported revenue of € 12,311.

How much does an employee at Saint-Michel earn?

The average wage cost per full-time employee at Saint-Michel was € 74,500 in 2025: staff costs of € 7.9 million for 106 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Saint-Michel have?

According to the 2025 annual accounts, Saint-Michel has 106 full-time equivalents (FTE).

Saint-Michel (Non-profit) - Spa - BE0406618654

Dossier Saint-Michel, printed on 30 October 2026 from databakkes.be/en/0406618654/saint-michel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 2024 and 2025.

Financials

Financial year 2025

Saint-Michel from Spa, company number BE0406618654, closed financial year 2025 with a result of € -1.5 million after tax. For that financial year Saint-Michel recorded revenue of € 12,311 and equity of € 2.6 million. Compared with financial year 2024, the result moved from € -356,306 to € -1.5 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.

What it is worth Healthy

€ 2.6 million

▼ 34% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -1.5 million

▼ 311 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 922,781

▲ 10% vs 2024

Cash and bank balances on the last day of the fiscal year.

People and assets in 2025

Full-time equivalents

106

▲ 1 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 826,948 in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 7.9 million

▲ 4% vs 2024

€ 74,500 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.

Vehicles and equipment

€ 95,907

▼ 16% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 36 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 285,000

€ 7,962 is repaid this year. At this pace the long-term loan is gone in ≈ 36 years.

Owed to suppliers

€ 148,710

▼ 37% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 48 days on average.

Taxes and wages

€ 1.4 million

▲ 4% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 12,744 Revenue 2022: € 12,744 First fiscal year in the series	€ 17,117 Revenue 2023: € 17,117 ▲ 34% vs 2022 (€ 12,744) Favourable step	€ 12,337 Revenue 2024: € 12,337 ▼ 28% vs 2023 (€ 17,117) Unfavourable step	€ 12,311 Revenue 2025: € 12,311 Unchanged (€ 12,337) Unfavourable step
Profit after taxes	€ 295,236 Profit after taxes 2022: € 295,236 First fiscal year in the series	€ -45,319 Profit after taxes 2023: € -45,319 ▼ € 340,555 vs 2022 (€ 295,236) Unfavourable step	€ -356,306 Profit after taxes 2024: € -356,306 ▼ € 310,987 vs 2023 (€ -45,319) Unfavourable step	€ -1,463,209 Profit after taxes 2025: € -1,463,209 ▼ € 1.1 million vs 2024 (€ -356,306) Unfavourable step	▼ € 1.1 million
Equity	€ 2,456,110 Equity 2022: € 2,456,110 First fiscal year in the series	€ 4,001,495 Equity 2023: € 4,001,495 ▲ 63% vs 2022 (€ 2,456,110) Favourable step	€ 4,024,368 Equity 2024: € 4,024,368 ▲ 1% vs 2023 (€ 4,001,495) Favourable step	€ 2,646,337 Equity 2025: € 2,646,337 ▼ 34% vs 2024 (€ 4,024,368) Unfavourable step	▼ 34%
Total debts	€ 2,051,070 Total debts 2022: € 2,051,070 First fiscal year in the series	€ 2,075,206 Total debts 2023: € 2,075,206 ▲ 1% vs 2022 (€ 2,051,070) Unfavourable step	€ 1,982,959 Total debts 2024: € 1,982,959 ▼ 4% vs 2023 (€ 2,075,206) Favourable step	€ 3,056,812 Total debts 2025: € 3,056,812 ▲ 54% vs 2024 (€ 1,982,959) Unfavourable step	▲ 54%
Cash	€ 1,905,458 Cash 2022: € 1,905,458 First fiscal year in the series	€ 1,607,392 Cash 2023: € 1,607,392 ▼ 16% vs 2022 (€ 1,905,458) Unfavourable step	€ 838,981 Cash 2024: € 838,981 ▼ 48% vs 2023 (€ 1,607,392) Unfavourable step	€ 922,781 Cash 2025: € 922,781 ▲ 10% vs 2024 (€ 838,981) Favourable step	▲ 10%
Land & buildings	€ 71,199 Land & buildings 2022: € 71,199 First fiscal year in the series	€ 65,556 Land & buildings 2023: € 65,556 ▼ 8% vs 2022 (€ 71,199) Unchanged	€ 472,133 Land & buildings 2024: € 472,133 ▲ € 406,578 vs 2023 (€ 65,556) Unchanged	€ 730,108 Land & buildings 2025: € 730,108 ▲ 55% vs 2024 (€ 472,133) Unchanged	▲ 55%
Retained profit	€ 2,330,992 Retained profit 2022: € 2,330,992 First fiscal year in the series	€ 2,285,673 Retained profit 2023: € 2,285,673 ▼ 2% vs 2022 (€ 2,330,992) Unfavourable step	€ 1,929,367 Retained profit 2024: € 1,929,367 ▼ 16% vs 2023 (€ 2,285,673) Unfavourable step	€ 466,158 Retained profit 2025: € 466,158 ▼ 76% vs 2024 (€ 1,929,367) Unfavourable step	▼ 76%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 285,000 Bank debt 2025: € 285,000 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 4,507,180 Balance sheet total 2022: € 4,507,180 First fiscal year in the series	€ 6,076,700 Balance sheet total 2023: € 6,076,700 ▲ 35% vs 2022 (€ 4,507,180) Unchanged	€ 6,007,327 Balance sheet total 2024: € 6,007,327 ▼ 1% vs 2023 (€ 6,076,700) Unchanged	€ 6,003,961 Balance sheet total 2025: € 6,003,961 Unchanged (€ 6,007,327) Unchanged
Employees (FTE)	103 Employees (FTE) 2022: 103 First fiscal year in the series	105 Employees (FTE) 2023: 105 ▲ 2 vs 2022 (103) Unchanged	105 Employees (FTE) 2024: 105 Unchanged (105) Unchanged	106 Employees (FTE) 2025: 106 ▲ 1 vs 2024 (105) Unchanged	▲ 1

Key figures of Saint-Michel, 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 Saint-Michel?

What happened at Saint-Michel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 6, 2026 New annual accounts for financial year 2025: loss of € 1.5 million. Source: NBB ↗
Jul 1, 2003 New establishment in Sprimont. KBO
Jul 1, 2003 New establishment in Spa. KBO
Jul 1, 2003 New establishment in Spa. KBO
Jul 1, 2003 New establishment in Theux. KBO
Jun 13, 1969 Start of the company according to the CBE. KBO

In short

From € 295,236 profit in 2022 to € 1.5 million loss in 2025.

Best year ever: 2022, with € 295,236 profit.

Pays suppliers within 48 days on average.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Albin Body 55

4900 Spa

2.147.841.504

Rue du Doyard(LVG) 47

4141 Sprimont

Active since 1 July 2003

2.147.841.997

Avenue Dr. Pierre Gaspar 19

4900 Spa

Active since 1 July 2003

2.252.708.895

Rue de Tolifaz(LR) 28

4910 Theux

Active since 1 July 2003

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

Horizon

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0406.618.654

VAT number

BE 0406.618.654

Registered office

Rue Albin Body 55, 4900 Spa

Names & denominations

Saint-Michel

Enterprise type

Rechtspersoon

Legal form

Non-profit association

Legal situation

Normale toestand

Start date

13 June 1969

Peppol

Active · Active since 23 May 2025

Activities · NACE

Instellingen met huisvesting voor minderjarigen met een mentale handicap

Instituten voor gehandicapte minderjarigen

Beschutte werkplaatsen

Beschutte en sociale werkplaatsen

Gespecialiseerde detailhandel in vaste en vloeibare brandstoffen

Detailhandel in vaste, vloeibare en gasvormige brandstoffen, muv motorbrandstoffen

View on CBE Public ↗ Annual accounts (NBB) ↗

Saint-Michel

Warning lights

Financials

What happened to Saint-Michel?

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions