Financials
Financial year 2025
MICHIELS Pierre from Waterloo, company number BE0414719045, closed financial year 2025 with a result of € 28,866 after tax. For that financial year MICHIELS Pierre recorded a gross margin of € 80,963 and equity of € 268,083. Compared with financial year 2024, the result moved from € 43,413 to € 28,866. The company is profitable. 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 June 19, 2026.
€ 268,083
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,866
▼ 34% vs 2024
Profit after tax over the fiscal year.
€ 223,404
▲ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 249,490.
People and assets in 2025
€ 1,267
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 12,868
▼ 51% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 240,951
▼ 11% vs 2024
€ 26,313 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 16,548
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,883
▼ 65% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 140,553 | € 119,599 | € 100,818 | € 80,963 | ▼ 20% |
| Profit after taxes | € 87,427 | € 58,253 | € 43,413 | € 28,866 | ▼ 34% |
| Equity | € 137,551 | € 195,804 | € 239,217 | € 268,083 | ▲ 12% |
| Total debts | € 435,204 | € 351,685 | € 346,499 | € 312,089 | ▼ 10% |
| Cash | € 153,805 | € 154,804 | € 186,522 | € 223,404 | ▲ 20% |
| Land & buildings | € 354,000 | € 342,500 | € 331,000 | € 319,500 | ▼ 3% |
| Retained profit | € 118,959 | € 177,212 | € 220,624 | € 249,490 | ▲ 13% |
| Dividend | € 20,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 342,167 | € 305,238 | € 269,422 | € 240,951 | ▼ 11% |
| Balance sheet total | € 572,755 | € 547,489 | € 585,716 | € 580,172 | ▼ 1% |
Key figures of MICHIELS Pierre, 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 MICHIELS Pierre?
What happened at MICHIELS Pierre in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 28,866 (▼ 34% vs 2024). Source: NBB ↗
- CHRISTOPHE MICHIELS became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Waterloo. KBO
In short
From € 87,427 profit in 2022 to € 28,866 profit in 2025.
Paid € 70,378 in corporate taxes since 2022.
Best year ever: 2022, with € 87,427 profit.
Paid out € 20,000 in dividends to the owners in total.
Management
Behind MICHIELS Pierre is CHRISTOPHE MICHIELS.
Directors
According to the 2025 annual accounts
CHRISTOPHE MICHIELS
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Rue des Piles 24
1410 Waterloo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0414.719.045
- VAT number
- BE 0414.719.045
- Registered office
- Rue des Piles 24, 1410 Waterloo
- Names & denominations
- MICHIELS Pierre
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 January 1975
- Peppol
- Active · Active since 5 May 2025
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