Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
MICHAN from Roeselare, company number BE0478620962, closed financial year 2025 with a result of € 90,496 after tax. For that financial year MICHAN recorded a gross margin of € 104,098 and equity of € 36,906. Compared with financial year 2024, the result moved from € 40,756 to € 90,496. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 28, 2026.
€ 36,906
▲ € 90,496 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 90,496
▲ 122% vs 2024
Profit after tax over the fiscal year.
€ 48,774
▲ 101% 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 € 11,706.
People and assets in 2025
€ 6,342
▲ 100% 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.
€ 89,845
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 70,895 | - | |
| Gross margin | € 338 | € 58,692 | € 42,882 | € 104,098 | ▲ 143% |
| Profit after taxes | € -9,132 | € 56,226 | € 40,756 | € 90,496 | ▲ 122% |
| Equity | € -150,573 | € -94,346 | € -53,590 | € 36,906 | ▲ € 90,496 |
| Total debts | € 320,516 | € 288,591 | € 267,353 | € 276,171 | ▲ 3% |
| Cash | € 41 | € 186 | € 24,275 | € 48,774 | ▲ 101% |
| Land & buildings | € 158,926 | € 158,926 | € 158,926 | € 152,736 | ▼ 4% |
| Retained profit | € -175,773 | € -119,546 | € -78,790 | € 11,706 | ▲ € 90,496 |
| Balance sheet total | € 169,944 | € 194,245 | € 213,763 | € 313,077 | ▲ 46% |
Key figures of MICHAN, 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 MICHAN?
What happened at MICHAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 90,496 (▲ 122% vs 2024). Source: NBB ↗
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
- Beata Niemczuk-Casier became a director. NBB
- Rafaël Jules Casier became a director. NBB
In short
From € 9,132 loss in 2022 to € 90,496 profit in 2025.
Best year ever: 2025, with € 90,496 profit.
A new publication or filing at MICHAN? 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 MICHAN are Beata Niemczuk-Casier and Rafaël Jules Casier. Beata Niemczuk-Casier is also behind ABC1.
Directors
According to the 2025 annual accounts
since 2002
Rafaël Jules Casier
Director
since 2002
Establishments
Establishment units
Physical locations of this company
Meensesteenweg 708
8800 Roeselare
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0478.620.962
- VAT number
- BE 0478.620.962
- Registered office
- Meensesteenweg 708, 8800 Roeselare
- Names & denominations
- MICHAN
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 22 October 2002
- Peppol
- Active · Active since 24 Jun 2026
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings
Overige werkzaamheden in verband met de afwerking van gebouwen
Installatie van isolatie
Schrijnwerk
Waterdichtingswerken van muren
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
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