Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
PAULISSEN Michel from Seraing, company number BE0451662583, closed financial year 2025 with a result of € 6,887 after tax. For that financial year PAULISSEN Michel recorded a gross margin of € 246,644 and equity of € 157,579. Compared with financial year 2024, the result moved from € 50,388 to € 6,887. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.
€ 157,579
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6,887
▼ 86% vs 2024
Profit after tax over the fiscal year.
€ 1,175
▼ 95% 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 € 138,987.
People and assets in 2025
4
Average over the fiscal year, from the social balance sheet.
€ 209,106
▲ 26% vs 2024
€ 52,300 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.
€ 46,629
▲ € 37,669 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 392,025
▲ € 316,768 vs 2024
€ 87,632 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 59,635
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 62,931
▲ 79% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 192,305 | € 143,763 | € 234,424 | € 246,644 | ▲ 5% |
| Profit after taxes | € 24,179 | € -46,413 | € 50,388 | € 6,887 | ▼ 86% |
| Equity | € 146,717 | € 100,304 | € 150,692 | € 157,579 | ▲ 5% |
| Total debts | € 297,216 | € 208,769 | € 163,992 | € 586,257 | ▲ 257% |
| Cash | € 25,820 | € 19,569 | € 21,513 | € 1,175 | ▼ 95% |
| Land & buildings | - | € 2,351 | € 1,524 | € 811 | ▼ 47% |
| Retained profit | € 128,125 | € 81,712 | € 132,100 | € 138,987 | ▲ 5% |
| Bank debt | € 154,799 | € 115,357 | € 75,257 | € 392,025 | ▲ € 316,768 |
| Balance sheet total | € 443,933 | € 309,073 | € 314,685 | € 743,836 | ▲ 136% |
| Employees (FTE) | 3.6 | 3.9 | - | 4 |
Key figures of PAULISSEN Michel, 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 PAULISSEN Michel?
What happened at PAULISSEN Michel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 6,887 (▼ 86% vs 2024). filed late Source: NBB ↗
- New establishment in Seraing. KBO
- New establishment in Seraing. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,179 profit in 2022 to € 6,887 profit in 2025.
Paid € 15,974 in corporate taxes since 2022.
Best year ever: 2024, with € 50,388 profit.
On average € 61,700 of value added per employee in 2025.
Management
Behind PAULISSEN Michel is Michel Paulissen.
Directors
According to the 2025 annual accounts
Michel Paulissen
Director
Establishments
Establishment units
Physical locations of this company
Rue de Tilff 114
4100 Seraing
Avenue du Gerbier 1
4100 Seraing
Active since 19 April 1999
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
- 0451.662.583
- VAT number
- BE 0451.662.583
- Registered office
- Rue de Tilff 114, 4100 Seraing
- Names & denominations
- PAULISSEN Michel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1993
- Peppol
- Active · Active since 1 Dec 2025
- Contact
- [email protected]
- Activities · NACE
Vervaardiging en bewerking van overig glas, inclusief technisch glaswerk
Detailhandel in corrigerende brillen, lenzen en zonnebrillen
Gespecialiseerde detailhandel in optische en fotografische artikelen, foto- en filmapparatuur, optische en precisie-instrumenten
Vervaardiging en bewerking van ander glas (inclusief technisch glaswerk)
Detailhandel in fotografische en optische artikelen en in precisieinstrumenten in gespecialiseerde winkels
Overige fotografische activiteiten
Fotolaboratoria