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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 2024.
Financials
Financial year 2025
MICHAELIS-MERTES from Burg-Reuland, company number BE0438419808, closed financial year 2025 with a result of € 141,203 after tax. For that financial year MICHAELIS-MERTES recorded a gross margin of € 292,712 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 107,518 to € 141,203. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 11, 2026.
€ 1.4 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 141,203
▲ 31% vs 2024
Profit after tax over the fiscal year.
€ 445,634
▲ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 137,420 paid out
97 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 26,449
▼ 41% vs 2024
€ 26,400 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.
€ 29,372
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 288,754
▼ 15% vs 2024
€ 51,374 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 209,572
▲ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 88,598
▲ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 153,902 | € 156,837 | € 284,109 | € 292,712 | ▲ 3% |
| Profit after taxes | € 19,798 | € 72,623 | € 107,518 | € 141,203 | ▲ 31% |
| Equity | € 1,231,521 | € 1,303,973 | € 1,411,561 | € 1,415,051 | |
| Total debts | € 871,156 | € 791,912 | € 849,175 | € 1,239,268 | ▲ 46% |
| Cash | € 247,366 | € 135,144 | € 251,907 | € 445,634 | ▲ 77% |
| Land & buildings | € 683,394 | € 694,872 | € 689,587 | € 670,831 | ▼ 3% |
| Retained profit | € 1,203,266 | € 1,277,748 | € 1,385,266 | € 1,389,049 | |
| Dividend | € 0 | € 0 | € 0 | € 137,420 | |
| Bank debt | € 439,394 | € 389,745 | € 339,544 | € 288,754 | ▼ 15% |
| Balance sheet total | € 2,102,677 | € 2,095,885 | € 2,260,736 | € 2,654,319 | ▲ 17% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of MICHAELIS-MERTES, 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 MICHAELIS-MERTES?
What happened at MICHAELIS-MERTES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 141,203 (▲ 31% vs 2024). filed late Source: NBB ↗
- Garry Michaelis became a director. NBB
- Kevin Michaelis became a director. NBB
- New establishment in Burg-Reuland. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,798 profit in 2022 to € 141,203 profit in 2025.
Paid € 104,693 in corporate taxes since 2022.
Best year ever: 2025, with € 141,203 profit.
On average € 292,700 of value added per employee in 2025.
Management
Behind MICHAELIS-MERTES are Garry Michaelis, Walter MICHAELIS and Kevin Michaelis.
Directors
According to the 2025 annual accounts
Garry Michaelis
Director
since 2025
Walter MICHAELIS
Director
Kevin Michaelis
Director
since 2025
Establishments
Establishment units
Physical locations of this company
St. Vither Straße, Grüffl. 17
4790 Burg-Reuland
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
INFOPACT-AS The Netherlands, NL
DNS
TransIP DNS
Website info
Features
Security
Network
Details
- Company number
- 0438.419.808
- VAT number
- BE 0438.419.808
- Registered office
- St. Vither Straße, Grüffl. 17, 4790 Burg-Reuland
- Names & denominations
- MICHAELIS-MERTES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 1989
- Peppol
- Active · Active since 15 Dec 2025
- Contact
- tuincentrumoverzicht.be
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