Financials
Financial year 2024
TOITURES MICHAEL MORSAINT from Gesves, company number BE0466677688, closed financial year 2024 with a result of € 42,745 after tax. For that financial year TOITURES MICHAEL MORSAINT recorded a gross margin of € 107,614 and equity of € 687,938. Compared with financial year 2023, the result moved from € 64,989 to € 42,745. The company is profitable. 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 October 28, 2025.
€ 687,938
▲ 7% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42,745
▼ 34% vs 2023
Profit after tax over the fiscal year.
€ 552,561
▲ 10% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 669,346.
People and assets in 2024
€ 33,446
▼ 24% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 42,247
▲ 193% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 27,191
▼ 36% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 183,585 | € 122,696 | € 156,101 | € 107,614 | ▼ 31% |
| Profit after taxes | € 81,392 | € 63,963 | € 64,989 | € 42,745 | ▼ 34% |
| Equity | € 516,241 | € 580,204 | € 645,193 | € 687,938 | ▲ 7% |
| Total debts | € 93,869 | € 109,614 | € 66,208 | € 69,438 | ▲ 5% |
| Cash | € 378,488 | € 516,368 | € 501,499 | € 552,561 | ▲ 10% |
| Land & buildings | € 42,906 | € 45,408 | € 56,386 | € 51,428 | ▼ 9% |
| Retained profit | € 497,649 | € 561,612 | € 626,601 | € 669,346 | ▲ 7% |
| Bank debt | € 27,968 | € 18,681 | € 9,534 | € 0 | ▼ 100% |
| Balance sheet total | € 610,110 | € 689,818 | € 711,401 | € 757,376 | ▲ 6% |
Key figures of TOITURES MICHAEL MORSAINT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to TOITURES MICHAEL MORSAINT?
What happened at TOITURES MICHAEL MORSAINT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 42,745 (▼ 34% vs 2023). filed late Source: NBB ↗
- New establishment in Gesves. KBO
- Michaël MORSAINT became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 81,392 profit in 2021 to € 42,745 profit in 2024.
Paid € 80,904 in corporate taxes since 2021.
Best year ever: 2021, with € 81,392 profit.
Management
Behind TOITURES MICHAEL MORSAINT is Michaël MORSAINT. Michaël MORSAINT is also behind VITIPRO.
Directors
According to the 2024 annual accounts
since 2003
Establishments
Establishment units
Physical locations of this company
Rue Monty(Sorée) 8
5340 Gesves
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0466.677.688
- VAT number
- BE 0466.677.688
- Registered office
- Rue Monty(Sorée) 8, 5340 Gesves
- Names & denominations
- TOITURES MICHAEL MORSAINT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 August 1999
- Peppol
- Active · Active since 26 Mar 2026
- Activities · NACE
Dakwerkzaamheden
Dakbedekking en bouw van dakconstructies