Financials
Financial year 2025
MICHELS TOITURE from Chastre, company number BE0429175015, closed financial year 2025 with a result of € 25,306 after tax. For that financial year MICHELS TOITURE recorded a gross margin of € 118,351 and equity of € 89,577. Compared with financial year 2024, the result moved from € 5,700 to € 25,306. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ 89,577
▲ 39% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,306
▲ € 19,606 vs 2024
Profit after tax over the fiscal year.
€ 29,918
▼ 35% 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 € 68,506.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 63,746
▲ 19% 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.
€ 4,643
▼ 34% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 184,804
▲ € 175,950 vs 2024
€ 4,112 is repaid this year. At this pace the long-term loan is gone in ≈ 45 years.
€ 8,822
▲ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,685
▲ 13% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 39,654 | € 99,392 | € 80,035 | € 118,351 | ▲ 48% |
| Profit after taxes | € 2,140 | € 19,753 | € 5,700 | € 25,306 | ▲ € 19,606 |
| Equity | € 38,818 | € 58,572 | € 64,272 | € 89,577 | ▲ 39% |
| Total debts | € 77,112 | € 68,644 | € 60,525 | € 243,661 | ▲ € 183,136 |
| Cash | € 4,927 | € 36,426 | € 45,959 | € 29,918 | ▼ 35% |
| Retained profit | € 17,747 | € 37,501 | € 43,201 | € 68,506 | ▲ 59% |
| Bank debt | € 16,771 | € 12,843 | € 8,854 | € 184,804 | ▲ € 175,950 |
| Balance sheet total | € 115,930 | € 127,216 | € 124,797 | € 333,239 | ▲ 167% |
Key figures of MICHELS TOITURE, 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 MICHELS TOITURE?
What happened at MICHELS TOITURE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 25,306 (▲ € 19,606 vs 2024). filed late Source: NBB ↗
- New establishment in Chastre. KBO
- Start of the company according to the CBE. KBO
In short
From € 2,140 profit in 2022 to € 25,306 profit in 2025.
Paid € 19,754 in corporate taxes since 2022.
Best year ever: 2025, with € 25,306 profit.
Management
Behind MICHELS TOITURE is Jocelyn MICHELS.
Directors
According to the 2025 annual accounts
Jocelyn MICHELS
Director
Establishments
Establishment units
Physical locations of this company
Rue Octave-Lotin 37
1450 Chastre
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.175.015
- VAT number
- BE 0429.175.015
- Registered office
- Rue Octave-Lotin 37, 1450 Chastre
- Names & denominations
- MICHELS TOITURE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 July 1986
- Peppol
- Active · Active since 21 Dec 2025
- Activities · NACE
Dakwerkzaamheden
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen