Financials
Financial year 2025
MICHEL VANDESCURE from Ath, company number BE0460760787, closed financial year 2025 with a result of € 349,118 after tax. For that financial year MICHEL VANDESCURE recorded a gross margin of € 2.1 million and equity of € 2.2 million. Compared with financial year 2024, the result moved from € -1.2 million to € 349,118. Profitable, and profit is growing. 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 20, 2026.
€ 2.2 million
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 349,118
▲ still € 1.2 million loss in 2024
Profit after tax over the fiscal year.
€ 353,875
▲ 130% 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 € 2.1 million.
People and assets in 2025
26.6
▼ 2.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.6 million
▲ 18% vs 2024
€ 59,100 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.
€ 108,903
▼ 2% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1 million
▲ € 838,726 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 65,115
▼ 40% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,116,485 | € 1,791,454 | € 404,564 | € 2,110,262 | ▲ € 1.7 million |
| Profit after taxes | € 282,101 | € 194,171 | € -1,186,158 | € 349,118 | ▲ € 1.5 million |
| Equity | € 2,935,732 | € 3,047,787 | € 1,859,513 | € 2,206,515 | ▲ 19% |
| Total debts | € 1,393,685 | € 1,136,994 | € 583,887 | € 1,128,862 | ▲ 93% |
| Cash | € 390,476 | € 136,086 | € 153,821 | € 353,875 | ▲ 130% |
| Land & buildings | € 460,481 | € 455,599 | € 401,355 | € 347,271 | ▼ 13% |
| Retained profit | € 2,855,398 | € 2,969,569 | € 1,783,412 | € 2,132,529 | ▲ 20% |
| Dividend | € 0 | € 80,000 | € 0 | € 0 | |
| Bank debt | € 44,166 | € 21,666 | € 0 | € 0 | |
| Balance sheet total | € 4,329,418 | € 4,184,782 | € 2,443,400 | € 3,335,376 | ▲ 37% |
| Employees (FTE) | 29.9 | 26.9 | 28.7 | 26.6 | ▼ 2.1 |
Key figures of MICHEL VANDESCURE, 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 VANDESCURE?
What happened at MICHEL VANDESCURE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 349,118. filed late Source: NBB ↗
- Kairos Team SRL became a director. NBB
- Michel VANDESCURE became a director. NBB
- Jube Management SRL became a director. NBB
- Anne VANDER HAEGEN became a director. NBB
- New establishment in Ath. KBO
- Start of the company according to the CBE. KBO
In short
From € 282,101 profit in 2022 to € 349,118 profit in 2025.
Paid € 327,267 in corporate taxes since 2022.
Best year ever: 2025, with € 349,118 profit.
On average € 79,300 of value added per employee in 2025.
Management
Behind MICHEL VANDESCURE are Kairos Team SRL, Michel VANDESCURE, Jube Management SRL and Anne VANDER HAEGEN. Kairos Team SRL is also behind VANDESCURE BPM, EASYFENCE, EASYFENCE INTERNATIONAL and OCEAN BLEU. Jube Management SRL is also behind VANDESCURE BPM, EASYFENCE, EASYFENCE INTERNATIONAL and OCEAN BLEU. Anne VANDER HAEGEN is also behind VANDESCURE BPM.
Directors
According to the 2025 annual accounts
Director · represented by VANDESCURE Pierre
Also active at: VANDESCURE BPM, EASYFENCE, EASYFENCE INTERNATIONAL, OCEAN BLEU
since 2023
Michel VANDESCURE
Director
since 2023
Director · represented by VANDESCURE Benoit
Also active at: VANDESCURE BPM, EASYFENCE, EASYFENCE INTERNATIONAL, OCEAN BLEU
since 2023
since 2023
Establishments
Establishment units
Physical locations of this company
Rue du Sûr Abri(Maf) 11
7810 Ath
Rue de Soignies(Maf) 179
7810 Ath
Active since 30 June 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0460.760.787
- VAT number
- BE 0460.760.787
- Registered office
- Rue du Sûr Abri(Maf) 11, 7810 Ath
- Names & denominations
- MICHEL VANDESCURE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 May 1997
- Peppol
- Active · Active since 4 Nov 2025
- Activities · NACE
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