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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Busy address KBO
47 other companies have their registered office at the same address; threshold 10.
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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
Michel et Co. from Waterloo, company number BE0466146168, closed financial year 2025 with a result of € -7,927 after tax. For that financial year Michel et Co. recorded a gross margin of € -7,558 and equity of € 35,243. Compared with financial year 2024, the result moved from € 9,763 to € -7,927. 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 June 10, 2026.
€ 35,243
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,927
▼ still € 9,763 profit in 2024
Profit after tax over the fiscal year.
€ 9,191
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 16,651.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,080
▼ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 219
▼ 94% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 30,190 | € 29,926 | € 18,903 | € -7,558 | ▼ € 26,461 |
| Profit after taxes | € -4,071 | € 4,307 | € 9,763 | € -7,927 | ▼ € 17,690 |
| Equity | € 29,099 | € 33,406 | € 43,169 | € 35,243 | ▼ 18% |
| Total debts | € 22,287 | € 11,952 | € 5,373 | € 1,300 | ▼ 76% |
| Cash | € 22,272 | € 15,274 | € 21,696 | € 9,191 | ▼ 58% |
| Retained profit | € 10,507 | € 14,814 | € 24,577 | € 16,651 | ▼ 32% |
| Bank debt | € 9,970 | € 4,308 | € 0 | € 0 | |
| Balance sheet total | € 51,386 | € 45,358 | € 48,542 | € 36,542 | ▼ 25% |
Key figures of Michel et Co., 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 et Co.?
What happened at Michel et Co. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,927 (▼ € 17,690 vs 2024). Source: NBB ↗
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,071 loss in 2022 to € 7,927 loss in 2025.
Paid € 9,430 in corporate taxes since 2022.
Best year ever: 2024, with € 9,763 profit.
A new publication or filing at Michel et Co.? We notify you, reason included.
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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 et Co. is Michel Panichelli.
Directors
According to the 2025 annual accounts
Michel Panichelli
Director
Establishments
Establishment units
Physical locations of this company
Chaussée de Bruxelles 165 box 69
1410 Waterloo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 47 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.146.168
- VAT number
- BE 0466.146.168
- Registered office
- Chaussée de Bruxelles 165 bus 69, 1410 Waterloo
- Names & denominations
- Michel et Co.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 May 1999
- Peppol
- Not registered
- Activities · NACE
Kappers- en barbiersactiviteiten
Kapsalons
Haarverzorging