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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Tight liquidity NBB
Cash and receivables cover 62 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MICHIELS - D'HOOGHE from Berlare, company number BE0464380768, closed financial year 2025 with a result of € 46,220 after tax. For that financial year MICHIELS - D'HOOGHE recorded a gross margin of € 123,161 and equity of € 736,761. Compared with financial year 2024, the result moved from € 57,345 to € 46,220. The company is profitable. 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.
€ 736,761
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 46,220
▼ 19% vs 2024
Profit after tax over the fiscal year.
€ 90,318
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 52,632 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
€ 88,666
▼ 23% vs 2024
€ 26,838 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 914
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,806
▼ 23% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 123,922 | € 134,999 | € 152,180 | € 123,161 | ▼ 19% |
| Profit after taxes | € 42,321 | € 45,976 | € 57,345 | € 46,220 | ▼ 19% |
| Equity | € 732,904 | € 717,354 | € 743,173 | € 736,761 | ▼ 1% |
| Total debts | € 325,147 | € 318,253 | € 249,562 | € 209,353 | ▼ 16% |
| Cash | € 88,551 | € 106,442 | € 103,755 | € 90,318 | ▼ 13% |
| Land & buildings | € 1,012,476 | € 970,331 | € 928,187 | € 893,480 | ▼ 4% |
| Retained profit | € 257,904 | € 242,354 | € 268,173 | € 261,761 | ▼ 2% |
| Dividend | € 31,526 | € 61,526 | € 31,526 | € 52,632 | ▲ 67% |
| Bank debt | € 166,886 | € 141,190 | € 115,118 | € 88,666 | ▼ 23% |
| Balance sheet total | € 1,107,970 | € 1,083,482 | € 1,038,566 | € 989,900 | ▼ 5% |
Key figures of MICHIELS - D'HOOGHE, 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 MICHIELS - D'HOOGHE?
What happened at MICHIELS - D'HOOGHE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 46,220 (▼ 19% vs 2024). Source: NBB ↗
- New establishment in Berlare. KBO
- Start of the company according to the CBE. KBO
In short
From € 42,321 profit in 2022 to € 46,220 profit in 2025.
Paid € 110,772 in corporate taxes since 2022.
Best year ever: 2024, with € 57,345 profit.
Paid out € 177,209 in dividends to the owners in total.
Management
Behind MICHIELS - D'HOOGHE is Pascal Michiels.
Directors
According to the 2025 annual accounts
Pascal Michiels
Director
Establishments
Establishment units
Physical locations of this company
Dorp(B) 37C
9290 Berlare
Dorp(B) 37 C
9290 Berlare
Active since 21 October 1998
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0464.380.768
- VAT number
- BE 0464.380.768
- Registered office
- Dorp(B) 37C, 9290 Berlare
- Names & denominations
- MICHIELS - D'HOOGHE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 October 1998
- Peppol
- Active · Active since 11 Mar 2026