Financials
Financial year 2025
MICHEL S from Brussel, company number BE0463342868, closed financial year 2025 with a result of € 31,975 after tax. For that financial year MICHEL S recorded a gross margin of € 264,760 and equity of € 94,694. Compared with financial year 2024, the result moved from € -12,088 to € 31,975. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 94,694
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,975
▲ still € 12,088 loss in 2024
Profit after tax over the fiscal year.
€ 72,232
▲ 281% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 44,494 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 158,433
▲ 1% 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.
€ 28,679
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6,853
▼ 79% vs 2024
Loans from banks and other lenders, long and short.
€ 1,515
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 43,420
▲ 18% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 187,595 | € 242,447 | € 201,289 | € 264,760 | ▲ 32% |
| Profit after taxes | € -37,966 | € 7,335 | € -12,088 | € 31,975 | ▲ € 44,063 |
| Equity | € 148,692 | € 155,799 | € 107,442 | € 94,694 | ▼ 12% |
| Total debts | € 209,406 | € 153,014 | € 154,449 | € 144,282 | ▼ 7% |
| Cash | € 22,591 | € 51,931 | € 18,956 | € 72,232 | ▲ 281% |
| Retained profit | € 128,961 | € 136,296 | € 88,166 | € 75,646 | ▼ 14% |
| Dividend | € 0 | € 0 | € 36,042 | € 44,494 | ▲ 23% |
| Bank debt | € 105,940 | € 75,276 | € 32,165 | € 6,853 | ▼ 79% |
| Balance sheet total | € 358,098 | € 308,813 | € 261,891 | € 238,976 | ▼ 9% |
Key figures of MICHEL S, 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 S?
What happened at MICHEL S in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 31,975. Source: NBB ↗
- Barbara GIANNAKIS became a director. NBB
- New establishment in Brussel. KBO
- MICHEL SILBERFELD became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 37,966 loss in 2022 to € 31,975 profit in 2025.
Paid € 21,583 in corporate taxes since 2022.
Best year ever: 2025, with € 31,975 profit.
Paid out € 80,537 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind MICHEL S are MICHEL SILBERFELD and Barbara GIANNAKIS. MICHEL SILBERFELD is also behind CornerSports.
Directors
According to the 2025 annual accounts
since 1998
Barbara GIANNAKIS
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Araucarialaan 48
1020 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.342.868
- VAT number
- BE 0463.342.868
- Registered office
- Araucarialaan 48, 1020 Brussel
- Names & denominations
- MICHEL S
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 May 1998
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
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