Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 65 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
PAPETERIE ET BUREAUTIQUE MICHOTTE from Wavre, company number BE0436476541, closed financial year 2025 with a result of € -14,951 after tax. For that financial year PAPETERIE ET BUREAUTIQUE MICHOTTE recorded a gross margin of € 15,671 and equity of € 219,894. Compared with financial year 2024, the result moved from € -8,370 to € -14,951. 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 June 22, 2026.
€ 219,894
▼ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,951
▼ 79 % more loss than in 2024
Profit after tax over the fiscal year.
€ 10,931
▲ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 7,894.
People and assets in 2025
€ 38,031
▲ € 36,822 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 9,358
▼ 49% vs 2024
Loans from banks and other lenders, long and short.
€ 16,503
▲ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,725
▼ 16% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 12,446 | € 23,179 | € 22,900 | € 15,671 | ▼ 32% |
| Profit after taxes | € -4,631 | € -6,535 | € -8,370 | € -14,951 | ▼ € 6,581 |
| Equity | € 249,751 | € 243,215 | € 234,845 | € 219,894 | ▼ 6% |
| Total debts | € 45,099 | € 59,391 | € 55,518 | € 78,117 | ▲ 41% |
| Cash | € 4,710 | € 10,124 | € 7,540 | € 10,931 | ▲ 45% |
| Land & buildings | € 192,400 | € 182,400 | € 172,400 | € 162,400 | ▼ 6% |
| Retained profit | € 7,751 | € 11,215 | € 12,845 | € 7,894 | ▼ 39% |
| Bank debt | € 24,568 | € 19,534 | € 18,203 | € 9,358 | ▼ 49% |
| Balance sheet total | € 294,850 | € 302,606 | € 290,363 | € 298,011 | ▲ 3% |
Key figures of PAPETERIE ET BUREAUTIQUE MICHOTTE, 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 PAPETERIE ET BUREAUTIQUE MICHOTTE?
What happened at PAPETERIE ET BUREAUTIQUE MICHOTTE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,951. Source: NBB ↗
- BERNARD EMBOURG stepped down as director. NBB
- KATRIEN LAMBRECHTS stepped down as director. NBB
- New establishment in Jodoigne. KBO
- BERNARD EMBOURG became a director. NBB
- KATRIEN LAMBRECHTS became a director. NBB
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,631 loss in 2022 to € 14,951 loss in 2025.
Paid € 12,774 in corporate taxes since 2022.
A new publication or filing at PAPETERIE ET BUREAUTIQUE MICHOTTE? We notify you, reason included.
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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
The stake of KB PARTNERS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
PAPETERIE ET BUREAUTIQUE MICHOTTEThe shares are held by KB PARTNERS (99.2%).
Directors
According to the 2025 annual accounts
BERNARD EMBOURG
Managing director
Also active at: IMMO SAINT GUIDON, GROUPE ARGUS INTERNATIONAL, KB PARTNERS
since 2020 · until 2026
since 2020 · until 2026
Shareholders
99.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue de Bruxelles 52-54
1300 Wavre
Rue de Bruxelles 52 5
1300 Wavre
Active since 7 February 1989
Rue St Jean(Jod.) 29 box 1
1370 Jodoigne
Active since 1 August 2023
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0436.476.541
- VAT number
- BE 0436.476.541
- Registered office
- Rue de Bruxelles 52-54, 1300 Wavre
- Names & denominations
- PAPETERIE ET BUREAUTIQUE MICHOTTE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1988
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- papeteriemichotte.be
- Activities · NACE
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