Financials
Financial year 2025
Michel CARBON from Couvin, company number BE0445600974, closed financial year 2025 with a result of € 95,010 after tax. For that financial year Michel CARBON recorded a gross margin of € 566,193 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € 187,820 to € 95,010. The company is profitable. 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 August 24, 2026.
€ 1.5 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 95,010
▼ 49% vs 2024
Profit after tax over the fiscal year.
€ 418,761
▼ 28% 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 € 1.5 million.
People and assets in 2025
5.3
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 198,533
▲ 5% vs 2024
€ 37,500 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.
€ 360,078
▼ 7% vs 2024
Of which on lease € 40,170.
Debts at end 2025
€ 123,641
▼ 49% vs 2024
€ 116,165 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 971,668
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,647
▼ 56% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 769,875 | € 772,256 | € 827,554 | € 566,193 | ▼ 32% |
| Profit after taxes | € 304,763 | € 197,323 | € 187,820 | € 95,010 | ▼ 49% |
| Equity | € 1,003,176 | € 1,200,500 | € 1,388,320 | € 1,483,330 | ▲ 7% |
| Total debts | € 2,975,836 | € 2,366,109 | € 1,668,120 | € 1,125,035 | ▼ 33% |
| Cash | € 714,598 | € 423,283 | € 582,326 | € 418,761 | ▼ 28% |
| Land & buildings | € 187,065 | € 185,427 | € 153,776 | € 129,205 | ▼ 16% |
| Retained profit | € 984,584 | € 1,180,048 | € 1,367,869 | € 1,462,879 | ▲ 7% |
| Bank debt | € 289,257 | € 351,115 | € 240,282 | € 123,641 | ▼ 49% |
| Balance sheet total | € 3,979,013 | € 3,566,609 | € 3,095,574 | € 2,675,320 | ▼ 14% |
| Employees (FTE) | 6 | 5 | 5 | 5.3 | ▲ 0.3 |
Key figures of Michel CARBON, 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 Michel CARBON?
What happened at Michel CARBON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 95,010 (▼ 49% vs 2024). filed late Source: NBB ↗
- New establishment in Couvin. KBO
- Start of the company according to the CBE. KBO
In short
From € 304,763 profit in 2022 to € 95,010 profit in 2025.
Paid € 328,713 in corporate taxes since 2022.
Best year ever: 2022, with € 304,763 profit.
On average € 106,800 of value added per employee in 2025.
Management
Behind Michel CARBON is Michel CARBON .
Directors
According to the 2025 annual accounts
Michel CARBON
Director
Establishments
Establishment units
Physical locations of this company
Rue du Tchafour, Gon. 12
5660 Couvin
Rue Saint-Georges, Gon. 12
5660 Couvin
Active since 27 November 1991
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.600.974
- VAT number
- BE 0445.600.974
- Registered office
- Rue du Tchafour, Gon. 12, 5660 Couvin
- Names & denominations
- Michel CARBON
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 October 1991
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
Bosexploitatie
Exploitatie van bossen