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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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Metzgerei Michels from Sankt Vith, company number BE0466035312, closed financial year 2025 with a result of € -33,285 after tax. For that financial year Metzgerei Michels recorded a gross margin of € -15,407 and equity of € 108,551. Compared with financial year 2024, the result moved from € -27,788 to € -33,285. The company made a loss. 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 December 18, 2025.
€ 108,551
▼ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -33,285
▼ 20 % more loss than in 2024
Profit after tax over the fiscal year.
€ 85,508
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 88,551.
People and assets in 2025
€ 17,987
▲ 34% 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.
€ 1,937
▼ 74% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 90
▼ 99% 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 | € 198,214 | € 208,778 | € 105,951 | € -15,407 | ▼ € 121,358 |
| Profit after taxes | € -3,517 | € 10,492 | € -27,788 | € -33,285 | ▼ € 5,497 |
| Equity | € 160,132 | € 169,624 | € 141,835 | € 108,551 | ▼ 23% |
| Total debts | € 55,504 | € 68,418 | € 28,514 | € 4,990 | ▼ 83% |
| Cash | € 40,892 | € 86,076 | € 121,039 | € 85,508 | ▼ 29% |
| Retained profit | € 140,132 | € 149,624 | € 121,835 | € 88,551 | ▼ 27% |
| Dividend | € 1,000 | € 1,000 | € 0 | € 0 | |
| Balance sheet total | € 215,636 | € 238,042 | € 170,350 | € 113,540 | ▼ 33% |
Key figures of Metzgerei Michels, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Metzgerei Michels?
What happened at Metzgerei Michels in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 33,285. Source: NBB ↗
- New establishment in Sankt Vith. KBO
- Start of the company according to the CBE. KBO
In short
From € 3,517 loss in 2022 to € 33,285 loss in 2025.
Paid € 5,230 in corporate taxes since 2022.
Best year ever: 2023, with € 10,492 profit.
Paid out € 2,000 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Bergstraße,Recht 8
4780 Sankt Vith
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.035.312
- VAT number
- BE 0466.035.312
- Registered office
- Bergstraße,Recht 8, 4780 Sankt Vith
- Names & denominations
- Metzgerei Michels
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 May 1999
- Peppol
- Active · Active since 15 Sept 2025
- Activities · NACE
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