Financials
Financial year 2025
PHOTO MIL from Tournai, company number BE0425309069, closed financial year 2025 with a result of € -2,084 after tax. For that financial year PHOTO MIL recorded a gross margin of € 82,329 and equity of € 58,855. Compared with financial year 2024, the result moved from € 24,889 to € -2,084. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 58,855
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,084
▼ still € 24,889 profit in 2024
Profit after tax over the fiscal year.
€ 16,611
▲ 83% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 34,314.
People and assets in 2025
€ 64,433
▲ 27% 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.
€ 2,700
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 267,652
▼ 3% vs 2024
€ 19,296 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 19,247
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,012
▲ 44% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 67,168 | € 91,561 | € 94,116 | € 82,329 | ▼ 13% |
| Profit after taxes | € -771 | € 22,128 | € 24,889 | € -2,084 | ▼ € 26,972 |
| Equity | € 13,922 | € 36,050 | € 60,939 | € 58,855 | ▼ 3% |
| Total debts | € 362,976 | € 362,929 | € 331,195 | € 365,158 | ▲ 10% |
| Cash | € 155 | € 4,805 | € 9,053 | € 16,611 | ▲ 83% |
| Land & buildings | € 277,422 | € 268,512 | € 257,107 | € 248,603 | ▼ 3% |
| Retained profit | € -8,388 | € 13,740 | € 36,398 | € 34,314 | ▼ 6% |
| Bank debt | € 330,929 | € 290,544 | € 275,353 | € 267,652 | ▼ 3% |
| Balance sheet total | € 376,898 | € 398,980 | € 392,134 | € 424,014 | ▲ 8% |
Key figures of PHOTO MIL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to PHOTO MIL?
What happened at PHOTO MIL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,084 (▼ € 26,972 vs 2024). Source: NBB ↗
- New establishment in Tournai. KBO
- Start of the company according to the CBE. KBO
In short
From € 771 loss in 2022 to € 2,084 loss in 2025.
Paid € 2,795 in corporate taxes since 2022.
Best year ever: 2024, with € 24,889 profit.
Management
Behind PHOTO MIL is CHARLES DETOLLENAERE TIMOTHEE. CHARLES DETOLLENAERE TIMOTHEE is also behind MIL DEVELOPPEMENT.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Boulevard des Déportés(TOU) 2
7500 Tournai
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
Website info
Features
Security
Network
Details
- Company number
- 0425.309.069
- VAT number
- BE 0425.309.069
- Registered office
- Boulevard des Déportés(TOU) 2, 7500 Tournai
- Names & denominations
- PHOTO MIL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 October 1983
- Peppol
- Active · Active since 9 Apr 2026
- Contact
- photomil.be [email protected]
- Activities · NACE
Detailhandel in fotografische en optische artikelen en in precisieinstrumenten, muv corrigerende brillen, lenzen en zonnebrillen
Gespecialiseerde detailhandel in optische en fotografische artikelen, foto- en filmapparatuur, optische en precisie-instrumenten
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Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Handel in eigen onroerend goed
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