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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Figures corrected NBB
Corrected annual account filed for 2021.
Financials
Financial year 2024
Centre scolaire Saint-Michel from Etterbeek, company number BE0408159172, closed financial year 2024 with a result of € 286,000 after tax. For that financial year Centre scolaire Saint-Michel recorded revenue of € 654,384 and equity of € 3.5 million. Compared with financial year 2023, the result moved from € -279,435 to € 286,000. Profitable, and profit is growing. 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 25, 2025.
€ 3.5 million
▲ 9% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 286,000
▲ still € 279,435 loss in 2023
Profit after tax over the fiscal year.
€ 2 million
▲ 17% vs 2023
Cash and bank balances on the last day of the fiscal year.
People and assets in 2024
22.7
▼ 0.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 13.5 million
▲ 1% vs 2023
€ 592,700 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.
€ 149,182
▲ 6% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1.3 million
▼ 7% vs 2023
€ 59,905 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 97,316
▼ 46% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 23 days on average.
€ 91,097
▼ 33% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 451,096 | € 445,251 | € 941,593 | € 654,384 | ▼ 31% |
| Profit after taxes | € -295,127 | € 422,190 | € -279,435 | € 286,000 | ▲ € 565,436 |
| Equity | € 118,720 | € 3,561,058 | € 3,242,332 | € 3,544,156 | ▲ 9% |
| Total debts | € 5,073,840 | € 2,073,297 | € 2,257,499 | € 2,188,517 | ▼ 3% |
| Cash | € 1,495,748 | € 1,835,094 | € 1,667,929 | € 1,951,743 | ▲ 17% |
| Land & buildings | € 2,033,957 | € 1,738,363 | € 1,601,707 | € 1,402,785 | ▼ 12% |
| Retained profit | € -1,934,192 | € -1,512,002 | € -1,791,438 | € -1,505,437 | ▲ € 286,000 |
| Bank debt | € 1,670,953 | € 1,531,088 | € 1,386,369 | € 1,292,973 | ▼ 7% |
| Balance sheet total | € 5,317,206 | € 5,691,501 | € 5,556,977 | € 5,789,818 | ▲ 4% |
| Employees (FTE) | 24.5 | 24.8 | 23.6 | 22.7 | ▼ 0.9 |
Key figures of Centre scolaire Saint-Michel, 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 Centre scolaire Saint-Michel?
What happened at Centre scolaire Saint-Michel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Franck JANIN stepped down as director. NBB
- Christopher THOMPSON stepped down as director. NBB
- Laurent DEUTSCH stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 286,000. Source: NBB ↗
- Nicolas RASSON became a director. NBB
- Guillaume POSSOZ stepped down as director. NBB
- Bernard HECHT stepped down as director. NBB
- Bernard NYSSEN stepped down as director. NBB
In short
From € 295,127 loss in 2021 to € 286,000 profit in 2024.
Best year ever: 2022, with € 422,190 profit.
Pays suppliers within 23 days on average.
A new publication or filing at Centre scolaire Saint-Michel? We notify you, reason included.
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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 Centre scolaire Saint-Michel are Nicolas RASSON, Pascal GEULETTE, Stéphane ROUMIEUX, Benoît GALLEZ, Vincent SCHERPEREEL and Bénédicte MESTAG. The same people are also behind Education Saint Michel.
Directors
According to the 2024 annual accounts
since 2025
since 2014
since 2018
since 2020
since 2023
since 2023
since 2022 · until 2024
since 2024 · until 2028
Christopher THOMPSON
Director
since 2019 · until 2027
since 2023 · until 2024
since 2018 · until 2024
Jean-Yves sj GRENET
Chairman of the board
since 2019 · until 2023
Laurent DEUTSCH
Director
since 2015 · until 2027
Establishments
Establishment units
Physical locations of this company
Sint-Michielslaan 26
1040 Etterbeek
Sint-Michielslaan 24 box A
1040 Etterbeek
Active since 3 March 1971
Sint-Michielslaan 24 box B
1040 Etterbeek
Active since 3 March 1971
Dupontstraat 20
1030 Schaarbeek
Active since 3 March 1971
Godfried van Bouillonstraat 55
1210 Sint-Joost-ten-Node
Active since 3 March 1971
Sint-Michielslaan 24
1040 Etterbeek
Active since 1 January 2007
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0408.159.172
- VAT number
- BE 0408.159.172
- Registered office
- Sint-Michielslaan 26, 1040 Etterbeek
- Names & denominations
- Centre scolaire Saint-Michel
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 3 March 1971
- Peppol
- Active · Active since 24 Mar 2026
- Activities · NACE
Vrij gesubsidieerd gewoon algemeen secundair onderwijs
Vrij gesubsidieerd algemeen voortgezet onderwijs