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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
MICHAEL HOMERIN from Bernissart, company number BE0454258819, closed financial year 2025 with a result of € -474,265 after tax. For that financial year MICHAEL HOMERIN recorded a gross margin of € 1.7 million and equity of € -396,231. Compared with financial year 2024, the result moved from € -176,011 to € -474,265. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 10, 2026.
€ -396,231
▼ € 474,265 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -474,265
▼ 169 % more loss than in 2024
Profit after tax over the fiscal year.
€ 115,369
▼ 43% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -416,231.
People and assets in 2025
€ 1.9 million
▼ 3% 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.
€ 105,582
▼ 21% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 542,850
▲ 3% vs 2024
€ 102,907 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 615,450
▲ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 396,375
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,943,451 | € 2,276,018 | € 1,981,044 | € 1,734,185 | ▼ 12% |
| Profit after taxes | € 37,667 | € 27,108 | € -176,011 | € -474,265 | ▼ € 298,254 |
| Equity | € 226,937 | € 254,045 | € 78,034 | € -396,231 | ▼ € 474,265 |
| Total debts | € 727,554 | € 1,083,202 | € 1,372,026 | € 1,556,674 | ▲ 13% |
| Cash | € 222,126 | € 186,664 | € 202,763 | € 115,369 | ▼ 43% |
| Land & buildings | - | € 396,494 | € 381,216 | € 382,126 | |
| Retained profit | € 206,937 | € 234,045 | € 58,034 | € -416,231 | ▼ € 474,265 |
| Dividend | € 10,400 | € 0 | € 0 | € 0 | |
| Bank debt | € 22,510 | € 540,594 | € 525,439 | € 542,850 | ▲ 3% |
| Balance sheet total | € 954,491 | € 1,337,247 | € 1,450,060 | € 1,160,443 | ▼ 20% |
| Employees (FTE) | 42 | 51 | 47 | - |
Key figures of MICHAEL HOMERIN, 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 MICHAEL HOMERIN?
What happened at MICHAEL HOMERIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. filed late Source: NBB ↗
- New establishment in Bernissart. KBO
- New establishment in Péruwelz. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,667 profit in 2022 to € 474,265 loss in 2025.
Paid € 33,483 in corporate taxes since 2022.
Best year ever: 2022, with € 37,667 profit.
On average € 42,100 of value added per employee in 2024.
Management
Behind MICHAEL HOMERIN is Michaël Homerin. The shares are held by Michaël Homerin.
Directors
According to the 2025 annual accounts
Michaël Homerin
Administrator-manager
Is a shareholder
Shareholders
Michaël Homerin · director
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Emile Carlier (BLA) 75
7321 Bernissart
Rue du Joncquoy(BUR) 53
7602 Péruwelz
Active since 6 February 1995
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
OVH Mail
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Details
- Company number
- 0454.258.819
- VAT number
- BE 0454.258.819
- Registered office
- Rue Emile Carlier (BLA) 75, 7321 Bernissart
- Names & denominations
- MICHAEL HOMERIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 December 1994
- Peppol
- Active · Active since 11 Aug 2025
- Contact
- michael-homerin.be
- Activities · NACE
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