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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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MICHEL DETHIER from Kortenaken, company number BE0439275881, closed financial year 2025 with a result of € 810 after tax. For that financial year MICHEL DETHIER recorded a gross margin of € 50,194 and equity of € 370,288. Compared with financial year 2024, the result moved from € 252 to € 810. Profitable, and profit is growing. 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 January 5, 2026.
€ 370,288
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 810
▲ 222% vs 2024
Profit after tax over the fiscal year.
€ 12,661
▲ 148% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 32,500 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0.3
Average over the fiscal year, from the social balance sheet.
€ 13,300
▼ 35% 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.
€ 3,284
▼ 77% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 109,000
▼ 7% vs 2024
Loans from banks and other lenders, long and short.
€ 14,586
▼ 45% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,883
▲ 15% 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 | € 116,634 | € 64,444 | € 72,758 | € 50,194 | ▼ 31% |
| Profit after taxes | € 4,980 | € 5,072 | € 252 | € 810 | ▲ 222% |
| Equity | € 416,654 | € 421,727 | € 401,979 | € 370,288 | ▼ 8% |
| Total debts | € 241,685 | € 200,908 | € 157,133 | € 159,798 | ▲ 2% |
| Cash | € 27,644 | € 2,274 | € 5,113 | € 12,661 | ▲ 148% |
| Retained profit | € 266,654 | € 271,727 | € 251,979 | € 220,288 | ▼ 13% |
| Dividend | € 0 | € 0 | € 20,000 | € 32,500 | ▲ 63% |
| Bank debt | € 149,291 | € 178,547 | € 117,406 | € 109,000 | ▼ 7% |
| Balance sheet total | € 658,339 | € 622,634 | € 559,111 | € 530,087 | ▼ 5% |
| Employees (FTE) | 0.3 | 0.3 | 0.3 | 0.3 |
Key figures of MICHEL DETHIER, 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 MICHEL DETHIER?
What happened at MICHEL DETHIER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vera Stroobants stepped down as director. NBB
- Hubert Robert Dethier stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 810 (▲ 222% vs 2024). Source: NBB ↗
- Vera Stroobants became a director. NBB
- Hubert Robert Dethier became a director. NBB
- New establishment in Kortenaken. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,980 profit in 2022 to € 810 profit in 2025.
Paid € 11,700 in corporate taxes since 2022.
Best year ever: 2023, with € 5,072 profit.
Paid out € 52,500 in dividends to the owners in total.
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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 shares are held by Vera Stroobants (49.8%), Hubert Dethier (49.8%) and DAXON BV (0.4%).
Directors
According to the 2025 annual accounts
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Halensebaan 78
3473 Kortenaken
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.
Details
- Company number
- 0439.275.881
- VAT number
- BE 0439.275.881
- Registered office
- Halensebaan 78, 3473 Kortenaken
- Names & denominations
- MICHEL DETHIER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 December 1989
- Peppol
- Active · Active since 2 Oct 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen
Handel in eigen onroerend goed
Handel in onroerend goed