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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 9 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
HDC - MICHIELS from Pelt, company number BE0457678563, closed financial year 2025 with a result of € -307,944 after tax. For that financial year HDC - MICHIELS recorded a gross margin of € -52,424 and equity of € -7.4 million. Compared with financial year 2024, the result moved from € 987,388 to € -307,944. 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 August 28, 2026.
€ -7.4 million
▼ € 307,944 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -307,944
▼ still € 987,388 profit in 2024
Profit after tax over the fiscal year.
€ 603,553
▼ 55% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7.4 million.
Debts at end 2025
€ 8.6 million
▼ 34% vs 2024
Loans from banks and other lenders, long and short.
€ 180,751
▲ € 170,697 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -33,275 | € -47,602 | € -48,409 | € -52,424 | ▼ € 4,015 |
| Profit after taxes | € -1,001,555 | € -126,508 | € 987,388 | € -307,944 | ▼ € 1.3 million |
| Equity | € -7,908,017 | € -8,034,525 | € -7,047,137 | € -7,355,081 | ▼ € 307,944 |
| Total debts | € 13,144,674 | € 13,063,017 | € 13,013,566 | € 8,757,223 | ▼ 33% |
| Cash | € 259,310 | € 462,385 | € 1,355,512 | € 603,553 | ▼ 55% |
| Retained profit | € -7,926,609 | € -8,053,117 | € -7,065,729 | € -7,373,673 | ▼ € 307,944 |
| Bank debt | € 13,052,734 | € 13,052,836 | € 13,003,512 | € 8,551,834 | ▼ 34% |
| Balance sheet total | € 5,236,657 | € 5,028,492 | € 5,966,429 | € 1,402,142 | ▼ 76% |
Key figures of HDC - MICHIELS, 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 HDC - MICHIELS?
What happened at HDC - MICHIELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 307,944 (▼ € 1.3 million vs 2024). filed late Source: NBB ↗
- New establishment in Pelt. KBO
- Start of the company according to the CBE. KBO
In short
From € 1 million loss in 2022 to € 307,944 loss in 2025.
Paid € 298,108 in corporate taxes since 2022.
Best year ever: 2024, with € 987,388 profit.
Establishments
Establishment units
Physical locations of this company
Kloosterstraat 18 box bs29
3910 Pelt
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
- 0457.678.563
- VAT number
- BE 0457.678.563
- Registered office
- Kloosterstraat 18 bus bs29, 3910 Pelt
- Names & denominations
- HDC - MICHIELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 April 1996
- Peppol
- Not registered