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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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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
MICHEL ENGINEERING from Fléron, company number BE0475820830, closed financial year 2025 with a result of € 56,875 after tax. For that financial year MICHEL ENGINEERING recorded revenue of € 139,657 and equity of € 638,483. Compared with financial year 2024, the result moved from € 73,934 to € 56,875. 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 March 27, 2026.
€ 638,483
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 56,875
▼ 23% vs 2024
Profit after tax over the fiscal year.
€ 586,251
▲ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 619,883.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 54,840
▼ 1% vs 2024
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 2025
None
No bank loans on the last day of the fiscal year.
€ 3,500
▼ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 120,926 | € 170,818 | € 174,433 | € 139,657 | ▼ 20% |
| Gross margin | € 107,083 | € 149,078 | € 149,841 | € 137,321 | ▼ 8% |
| Profit after taxes | € 49,758 | € 75,586 | € 73,934 | € 56,875 | ▼ 23% |
| Equity | € 432,088 | € 507,674 | € 581,608 | € 638,483 | ▲ 10% |
| Total debts | € 3,517 | € 4,952 | € 4,779 | € 3,500 | ▼ 27% |
| Cash | € 417,676 | € 480,440 | € 559,255 | € 586,251 | ▲ 5% |
| Retained profit | € 413,488 | € 489,074 | € 563,008 | € 619,883 | ▲ 10% |
| Balance sheet total | € 435,606 | € 512,626 | € 586,387 | € 641,983 | ▲ 9% |
Key figures of MICHEL ENGINEERING, 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 ENGINEERING?
What happened at MICHEL ENGINEERING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 56,875 (▼ 23% vs 2024). Source: NBB ↗
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 49,758 profit in 2022 to € 56,875 profit in 2025.
Paid € 42,822 in corporate taxes since 2022.
Best year ever: 2023, with € 75,586 profit.
Establishments
Establishment units
Physical locations of this company
Rue Pireux 14
4624 Fléron
Rue Fernand-Tilquin 59
4030 Liège
Active since 24 October 2001
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0475.820.830
- VAT number
- BE 0475.820.830
- Registered office
- Rue Pireux 14, 4624 Fléron
- Names & denominations
- MICHEL ENGINEERING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 October 2001
- Peppol
- Active · Active since 18 Dec 2025
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