Financials
Financial year 2024
Worth noting
- More debts than assets in the latest financial year.
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
Gross margin
€ 123,450
▲ 44% vs 2023
Profit
Caution€ -39,341
▼ 1% vs 2023
Debts
High€ 856,191
▲ 8% vs 2023
MICHEL BAES from Stekene, company number BE0413970759, closed financial year 2024 with a result of € -39,341 after tax. For that financial year MICHEL BAES recorded a gross margin of € 123,450 and equity of € -272,219. Compared with financial year 2023, the result moved from € -38,874 to € -39,341. 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 November 16, 2025.
What happened at MICHEL BAES?
What happened at MICHEL BAES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 39,341. filed late Source: NBB ↗
- New establishment in Stekene. KBO
- Start of the company according to the CBE. KBO
In short
From € 50,115 loss in 2019 to € 39,341 loss in 2024.
Paid € 22,096 in corporate taxes since 2019.
On average € 31,800 of value added per employee in 2023.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
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Establishments
Establishment units
Physical locations of this company
Koewacht(STE) 92 box A
9190 Stekene
Koewacht(STE) 92A
9190 Stekene
Active since 1 February 1974
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0413.970.759
- VAT number
- BE 0413.970.759
- Registered office
- Koewacht(STE) 92 bus A, 9190 Stekene
- Names & denominations
- MICHEL BAES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 February 1974
- Peppol
- Active · Active since 10 Nov 2025
- Activities · NACE
Overig loodgieterswerk
Sanitaire werkzaamheden