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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
David MICHEL from Tournai, company number BE0468166639, closed financial year 2025 with a result of € -12,968 after tax. For that financial year David MICHEL recorded a gross margin of € -9,760 and equity of € -579,954. Compared with financial year 2024, the result moved from € -30,839 to € -12,968. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ -579,954
▼ € 12,968 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,968
▲ 58 % less loss than in 2024
Profit after tax over the fiscal year.
€ 41,308
▲ € 39,314 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -579,954.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,216
▲ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,766
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 | € 29,987 | € -4,674 | € -18,677 | € -9,760 | ▲ € 8,917 |
| Profit after taxes | € -64,200 | € -514,662 | € -30,839 | € -12,968 | ▲ € 17,872 |
| Equity | € -21,485 | € -536,147 | € -566,987 | € -579,954 | ▼ € 12,968 |
| Total debts | € 175,562 | € 80,670 | € 1,857 | € 3,982 | ▲ 114% |
| Cash | € 7,096 | € 10,613 | € 1,994 | € 41,308 | ▲ € 39,314 |
| Retained profit | € -21,485 | € -536,147 | € -566,987 | € -579,954 | ▼ € 12,968 |
| Bank debt | € 90,000 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 1,404,077 | € 794,523 | € 684,870 | € 674,028 | ▼ 2% |
Key figures of David MICHEL, 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 David MICHEL?
What happened at David MICHEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,968. Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 64,200 loss in 2022 to € 12,968 loss in 2025.
Paid € 4,182 in corporate taxes since 2022.
Establishments
Establishment units
Physical locations of this company
Rue Louis Chevalier(CH) 48
7521 Tournai
Louizalaan 500
1050 Elsene
Active since 1 January 2009
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →DOCTEUR FREDERIC GOUAT
€ -110,624 gross margin · 2025
LE CASTIA
I.L.N INVEST
€ -27,075 gross margin · 2025
LA GROSSE EQUIPE
€ -36,669 gross margin · 2024
FALINVEST
€ -4,250 gross margin · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0468.166.639
- VAT number
- BE 0468.166.639
- Registered office
- Rue Louis Chevalier(CH) 48, 7521 Tournai
- Names & denominations
- David MICHEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 December 1999
- Peppol
- Active · Active since 27 Oct 2026
- Activities · NACE
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