Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2025.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MICROSOFT from Zaventem, company number BE0437910359, closed financial year 2025 with a result of € 65.8 million after tax. For that financial year MICROSOFT recorded revenue of € 1.7 billion and equity of € 143.8 million. Compared with financial year 2024, the result moved from € 49.8 million to € 65.8 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 15, 2025.
€ 143.8 million
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 65.8 million
▲ 32% vs 2024
Profit after tax over the fiscal year.
€ 89
Cash and bank balances on the last day of the fiscal year.
€ 33.7 million paid out
51 % of the profit went to the shareholders, mostly to Microsoft Ireland Research (100 % of the shares). That is where the money ends up.
People and assets in 2025
528.4
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 154 million
▲ 5% vs 2024
€ 291,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1.3 million
▲ € 1.1 million vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 498.8 million
▲ 35% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 129 days on average.
€ 123.8 million
▲ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 861,561,801 | € 1,150,833,079 | € 1,359,816,974 | € 1,651,772,891 | ▲ 21% |
| Profit after taxes | € 35,051,410 | € 41,373,528 | € 49,768,445 | € 65,812,065 | ▲ 32% |
| Equity | € 82,561,124 | € 96,934,653 | € 111,703,098 | € 143,824,074 | ▲ 29% |
| Total debts | € 632,266,163 | € 758,923,250 | € 893,290,748 | € 1,135,649,365 | ▲ 27% |
| Cash | - | - | € 89 | € 89 | |
| Retained profit | € 82,430,137 | € 96,803,666 | € 111,572,111 | € 143,693,087 | ▲ 29% |
| Dividend | € 14,000,000 | € 27,000,000 | € 35,000,000 | € 33,691,090 | ▼ 4% |
| Balance sheet total | € 716,078,010 | € 860,509,530 | € 1,009,860,594 | € 1,282,847,482 | ▲ 27% |
| Employees (FTE) | 487.4 | 530.4 | 528.8 | 528.4 | ▼ 0.4 |
Key figures of MICROSOFT, 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 January 2027.
What happened to MICROSOFT?
What happened at MICROSOFT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frank Callewaert stepped down as director. NBB
- Keith Ranger Dolliver stepped down as director. NBB
- Benjamin Owen Orndoff stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. Source: NBB ↗
- Frank Callewaert became a director. NBB
- Keith Ranger Dolliver became a director. NBB
- Benjamin Owen Orndoff became a director. NBB
- New establishment in Zaventem. KBO
In short
From € 35.1 million profit in 2022 to € 65.8 million profit in 2025.
Paid € 71.2 million in corporate taxes since 2022.
Best year ever: 2025, with € 65.8 million profit.
Paid out € 109.7 million in dividends to the owners in total.
Management
The shares are held by Microsoft Ireland Research (100%) and MSHC LLC (0%).
Directors
According to the 2025 annual accounts
Frank Callewaert
Director
since 2024 · until 2030
Keith Ranger Dolliver
Director
since 2024 · until 2030
Benjamin Owen Orndoff
Director
since 2024 · until 2030
Shareholders
Microsoft Ireland Research
100%
MSHC LLC
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Luchthaven Brussel Nationaal 1K
1930 Zaventem
Luchthaven Brussel Nationaal ZN
1930 Zaventem
Active since 14 August 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →Etex New Ways
€ 681,631 revenue · 2025
KPMG Bedrijfsrevisoren
€ 104.7 million revenue · 2025
KPMG ADVISORY
€ 96.9 million revenue · 2025
KPMG Tax, Legal & Accountancy
€ 79.7 million revenue · 2025
KPMG Certification
€ 430,348 revenue · 2025
+12 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.910.359
- VAT number
- BE 0437.910.359
- Registered office
- Luchthaven Brussel Nationaal 1K, 1930 Zaventem
- Names & denominations
- MICROSOFT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 July 1989
- Peppol
- Active · Active since 8 Sept 2022
- Activities · NACE
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