Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Michel HERCH from Ukkel, company number BE0415726360, closed financial year 2025 with a result of € 19,740 after tax. For that financial year Michel HERCH recorded a gross margin of € 21,688 and equity of € -16,406. Compared with financial year 2024, the result moved from € 12,345 to € 19,740. Profitable, and profit is growing. 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 July 31, 2026.
€ -16,406
▲ € 19,740 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,740
▲ 60% vs 2024
Profit after tax over the fiscal year.
€ 1,001
▼ 63% 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 € -47,393.
People and assets in 2025
€ 1,186
▼ 85% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,121
▲ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11
▼ € 3,696 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 6,386 | - | - | |
| Gross margin | € -1,126 | € -1,817 | € 21,603 | € 21,688 | |
| Profit after taxes | € -1,589 | € 2,012 | € 12,345 | € 19,740 | ▲ 60% |
| Equity | € -50,503 | € -48,491 | € -36,147 | € -16,406 | ▲ € 19,740 |
| Total debts | € 52,588 | € 50,789 | € 47,855 | € 18,569 | ▼ 61% |
| Cash | € 221 | € 1,051 | € 2,713 | € 1,001 | ▼ 63% |
| Retained profit | € -81,490 | € -79,478 | € -67,133 | € -47,393 | ▲ € 19,740 |
| Balance sheet total | € 5,585 | € 2,298 | € 11,708 | € 2,163 | ▼ 82% |
Key figures of Michel HERCH, 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 Michel HERCH?
What happened at Michel HERCH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- DAVID NIECHCICKI stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 19,740 (▲ 60% vs 2024). Source: NBB ↗
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,589 loss in 2022 to € 19,740 profit in 2025.
Best year ever: 2025, with € 19,740 profit.
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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
Directors
According to the 2025 annual accounts
DAVID NIECHCICKI
Director
Also active at: D MARKETING, 3 N GROUP, IN TEMPORE, BETTER HEALTH INFORMATION SERVICES, KONTNU APP
· until 2030
Establishments
Establishment units
Physical locations of this company
Kersbeeklaan 306
1180 Ukkel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0415.726.360
- VAT number
- BE 0415.726.360
- Registered office
- Kersbeeklaan 306, 1180 Ukkel
- Names & denominations
- Michel HERCH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 March 1976
- Peppol
- Active · Active since 25 Nov 2025
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