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.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
Education Saint Michel from Etterbeek, company number BE0414918983, closed financial year 2024 with a result of € -214,334 after tax. For that financial year Education Saint Michel recorded revenue of € 1.3 million and equity of € 705,213. Compared with financial year 2023, the result moved from € 269,927 to € -214,334. 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 25, 2025.
€ 705,213
▼ 23% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -214,334
▼ still € 269,927 profit in 2023
Profit after tax over the fiscal year.
€ 424,803
▼ 40% vs 2023
Cash and bank balances on the last day of the fiscal year.
People and assets in 2024
6.7
▲ 0.8 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 306,027
▲ 21% vs 2023
€ 45,700 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.
€ 18,045
▼ 28% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 40,143
▼ 22% vs 2023
€ 11,283 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 80,168
▲ 95% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 26,502
▼ 14% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 567,134 | € 785,030 | € 1,025,736 | € 1,253,472 | ▲ 22% |
| Gross margin | € 461,599 | € 523,955 | € 552,356 | € 672,496 | ▲ 22% |
| Profit after taxes | € 214,109 | € -2,758,352 | € 269,927 | € -214,334 | ▼ € 484,261 |
| Equity | € 3,407,972 | € 649,620 | € 919,547 | € 705,213 | ▼ 23% |
| Total debts | € 181,388 | € 239,697 | € 389,925 | € 505,706 | ▲ 30% |
| Cash | € 305,773 | € 608,531 | € 705,272 | € 424,803 | ▼ 40% |
| Land & buildings | € 1,426 | € 713 | € 0 | - | |
| Retained profit | € 2,068,099 | € -690,253 | € -420,326 | € -634,660 | ▼ € 214,334 |
| Bank debt | € 73,121 | € 62,271 | € 51,279 | € 40,143 | ▼ 22% |
| Balance sheet total | € 3,589,361 | € 889,317 | € 1,309,472 | € 1,210,919 | ▼ 8% |
| Employees (FTE) | 6.3 | 5.2 | 5.9 | 6.7 | ▲ 0.8 |
Key figures of Education 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 Education Saint Michel?
What happened at Education 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: loss of € 214,334 (▼ € 484,261 vs 2023). Source: NBB ↗
- Nicolas RASSON became a director. NBB
- Franck Janin became a director. NBB
- Christopher Thompson became a director. NBB
- Laurent Deutsch became a director. NBB
In short
From € 214,109 profit in 2021 to € 214,334 loss in 2024.
Best year ever: 2023, with € 269,927 profit.
On average € 100,400 of value added per employee in 2024.
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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 Education Saint Michel are Guillaume Possoz, Nicolas RASSON, Pascal Geulette, Bernard Nyssen, Bernard Hecht and Stéphane Roumieux. The same people are also behind Centre scolaire Saint-Michel.
Directors
According to the 2024 annual accounts
since 2022
since 2025
since 2019
since 2023
since 2018
since 2018
since 2020
since 2023
since 2023
since 2024 · until 2028
since 2023 · until 2027
Laurent Deutsch
Director
since 2023 · until 2027
Establishments
Establishment units
Physical locations of this company
Sint-Michielslaan 26
1040 Etterbeek
Sint-Michielslaan 24
1040 Etterbeek
Active since 1 February 1975
Sint-Michielslaan 24 box A
1040 Etterbeek
Active since 1 January 2008
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
- 0414.918.983
- VAT number
- BE 0414.918.983
- Registered office
- Sint-Michielslaan 26, 1040 Etterbeek
- Names & denominations
- Education Saint Michel
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 1 February 1975
- Peppol
- Not registered
- Activities · NACE
Cateringdiensten op contractbasis en overige diensten in verband met maaltijden
Overige eetgelegenheden