Financials
Financial year 2025
Teddy from Aarschot, company number BE0423208822, closed financial year 2025 with a result of € 4,848 after tax. For that financial year Teddy recorded a gross margin of € 180,509 and equity of € 2 million. Compared with financial year 2024, the result moved from € 5,120 to € 4,848. The company is profitable. 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 June 30, 2026.
€ 2 million
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,848
▼ 5% vs 2024
Profit after tax over the fiscal year.
€ 102,989
▼ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 442,489 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 21,351
▲ 4% 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
€ 16,360
▼ 21% vs 2024
€ 4,472 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 6,943
▲ € 5,614 vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,170,932 | € 176,777 | € 179,085 | € 180,509 | ▲ 1% |
| Profit after taxes | € 716,836 | € 16,300 | € 5,120 | € 4,848 | ▼ 5% |
| Equity | € 3,192,583 | € 2,469,033 | € 2,474,153 | € 2,036,512 | ▼ 18% |
| Total debts | € 194,082 | € 782,633 | € 33,156 | € 34,562 | ▲ 4% |
| Cash | € 1,523,298 | € 1,416,274 | € 858,377 | € 102,989 | ▼ 88% |
| Land & buildings | € 1,215,921 | € 1,174,068 | € 1,048,831 | € 946,051 | ▼ 10% |
| Retained profit | € 1,808,210 | € 1,623,110 | € 1,628,230 | € 1,190,589 | ▼ 27% |
| Dividend | € 0 | € 0 | € 0 | € 442,489 | |
| Bank debt | € 73,248 | € 33,223 | € 20,762 | € 16,360 | ▼ 21% |
| Balance sheet total | € 3,502,889 | € 3,352,663 | € 2,593,079 | € 2,141,615 | ▼ 17% |
Key figures of Teddy, 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 Teddy?
What happened at Teddy in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- François Renier stepped down as director. NBB
- Dirk Michiels stepped down as director. NBB
- Jan Michiels stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4,848 (▼ 5% vs 2024). Source: NBB ↗
- François Renier became a director. NBB
- Dirk Michiels became a director. NBB
- Jan Michiels became a director. NBB
- New establishment in Aarschot. KBO
In short
From € 716,836 profit in 2022 to € 4,848 profit in 2025.
Paid € 195,366 in corporate taxes since 2022.
Best year ever: 2022, with € 716,836 profit.
Paid out € 442,489 in dividends to the owners in total.
Management
It owns 50% of PROJEM itself.
Directors
According to the 2025 annual accounts
since 2023 · until 2029
Dirk Michiels
Managing director
since 2023 · until 2029
Jan Michiels
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Boudewijnlaan 19
3200 Aarschot
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0423.208.822
- VAT number
- BE 0423.208.822
- Registered office
- Boudewijnlaan 19, 3200 Aarschot
- Names & denominations
- Teddy
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 September 1982
- Peppol
- Active · Active since 21 Jun 2025
- Activities · NACE
Activiteiten van syndici van onroerend goed